Financials
Financial year 2025
COREX from Pittem, company number BE0837454052, closed financial year 2025 with a result of € -34,596 after tax. For that financial year COREX recorded a gross margin of € 309,851 and equity of € 17,650. Compared with financial year 2024, the result moved from € 6,537 to € -34,596. The company made a loss. The buffer shrank hard: equity is 66 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 17,650
▼ 66% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,596
▼ still € 6,537 profit in 2024
Profit after tax over the fiscal year.
€ 5,620
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,350.
People and assets in 2025
9.6
▼ 18.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 299,906
▼ 25% vs 2024
€ 31,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,618
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27
Loans from banks and other lenders, long and short.
€ 41,409
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,483
▼ 55% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 120,648 | € 366,372 | € 395,545 | € 309,851 | ▼ 22% |
| Profit after taxes | € 174,797 | € 16,676 | € 6,537 | € -34,596 | ▼ € 41,133 |
| Equity | € 29,033 | € 45,709 | € 52,246 | € 17,650 | ▼ 66% |
| Total debts | € 336,056 | € 108,188 | € 121,787 | € 161,066 | ▲ 32% |
| Cash | € 2,035 | € 5,248 | € 19,472 | € 5,620 | ▼ 71% |
| Land & buildings | € 8,804 | € 7,998 | € 14,800 | € 12,939 | ▼ 13% |
| Retained profit | € 9,033 | € 25,709 | € 32,246 | € -2,350 | ▼ € 34,596 |
| Bank debt | € 0 | € 0 | € 0 | € 27 | |
| Balance sheet total | € 365,089 | € 153,897 | € 174,033 | € 178,716 | ▲ 3% |
| Employees (FTE) | - | - | 27.8 | 9.6 | ▼ 18.2 |
Key figures of COREX, 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 October 2026.
What happened to COREX?
What happened at COREX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 34,596 (▼ € 41,133 vs 2024). Source: NBB ↗
- Flego BV became a director. NBB
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 174,797 profit in 2022 to € 34,596 loss in 2025.
Paid € 23,217 in corporate taxes since 2022.
Best year ever: 2022, with € 174,797 profit.
On average € 32,300 of value added per employee in 2025.
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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
The stake of FLEGO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COREXBehind COREX is Flego BV. The shares are held by FLEGO (100%).
Directors
According to the 2025 annual accounts
Director · represented by Alexis Maes
Also active at: HOSTELLERIE KLOKHOF, Ivenco, HUMA, LUPAS, CORMA, DISTRIFOODS
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 143
8740 Pittem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0837.454.052
- VAT number
- BE 0837.454.052
- Registered office
- Brugsesteenweg 143, 8740 Pittem
- Names & denominations
- COREX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2011
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Hotels en dergelijke accommodatie
Catering van evenementen