Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
CORINA - SAELS from Herk-de-Stad, company number BE0821956620, closed financial year 2025 with a result of € 35,356 after tax. For that financial year CORINA - SAELS recorded a gross margin of € 44,132 and equity of € -108,254. Compared with financial year 2024, the result moved from € -4,441 to € 35,356. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ -108,254
▲ € 35,356 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,356
▲ still € 4,441 loss in 2024
Profit after tax over the fiscal year.
€ 119,442
▲ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -114,554.
Debts at end 2025
€ 221,617
Loans from banks and other lenders, long and short.
€ 10,484
▲ € 9,422 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,096
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,646 | € 4,184 | € 4,322 | € 44,132 | ▲ € 39,809 |
| Profit after taxes | € -16,384 | € -4,573 | € -4,441 | € 35,356 | ▲ € 39,797 |
| Equity | € -134,596 | € -139,169 | € -143,610 | € -108,254 | ▲ € 35,356 |
| Total debts | € 226,142 | € 218,579 | € 231,233 | € 233,196 | ▲ 1% |
| Cash | € 58,796 | € 57,338 | € 64,712 | € 119,442 | ▲ 85% |
| Retained profit | € -140,896 | € -145,469 | € -149,910 | € -114,554 | ▲ € 35,356 |
| Bank debt | € 225,380 | € 217,010 | € 221,530 | € 221,617 | |
| Balance sheet total | € 91,546 | € 79,409 | € 87,623 | € 124,942 | ▲ 43% |
Key figures of CORINA - SAELS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CORINA - SAELS?
What happened at CORINA - SAELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 35,356. Source: NBB ↗
- New establishment in Herk-de-Stad. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,384 loss in 2022 to € 35,356 profit in 2025.
Best year ever: 2025, with € 35,356 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CORINA - SAELS are Edwin Saels and Roger Saels.
Directors
According to the 2025 annual accounts
Edwin Saels
Director
Roger Saels
Director
Establishments
Establishment units
Physical locations of this company
Pastorijstraat 52
3540 Herk-de-Stad
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0821.956.620
- VAT number
- BE 0821.956.620
- Registered office
- Pastorijstraat 52, 3540 Herk-de-Stad
- Names & denominations
- CORINA - SAELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2009
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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