Financials
Financial year 2026
Correlation from Hannut, company number BE0839201042, closed financial year 2026 with a result of € 48,239 after tax. For that financial year Correlation recorded a gross margin of € 91,870 and equity of € 184,618. Compared with financial year 2025, the result moved from € 34,919 to € 48,239. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2026.
€ 184,618
▼ 24% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,239
▲ 38% vs 2025
Profit after tax over the fiscal year.
€ 205,725
▲ 4% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 105,550 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 40,891
▼ 12% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 10,922
▼ 51% vs 2025
Loans from banks and other lenders, long and short.
€ 1,811
▲ 13% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 19,906
▲ 80% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 66,730 | € 78,766 | € 74,712 | € 91,870 | ▲ 23% |
| Profit after taxes | € 33,196 | € 38,186 | € 34,919 | € 48,239 | ▲ 38% |
| Equity | € 195,823 | € 224,010 | € 241,929 | € 184,618 | ▼ 24% |
| Total debts | € 62,261 | € 56,012 | € 52,586 | € 138,721 | ▲ 164% |
| Cash | € 136,313 | € 174,476 | € 197,080 | € 205,725 | ▲ 4% |
| Retained profit | € 189,623 | € 217,810 | € 235,729 | € 178,418 | ▼ 24% |
| Dividend | € 7,000 | € 10,000 | € 17,000 | € 105,550 | ▲ € 88,550 |
| Bank debt | € 44,130 | € 33,477 | € 22,413 | € 10,922 | ▼ 51% |
| Balance sheet total | € 258,084 | € 280,022 | € 294,514 | € 323,340 | ▲ 10% |
Key figures of Correlation, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Correlation?
What happened at Correlation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 48,239 (▲ 38% vs 2025). Source: NBB ↗
- New establishment in Hannut. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,196 profit in 2023 to € 48,239 profit in 2026.
Paid € 69,004 in corporate taxes since 2023.
Best year ever: 2026, with € 48,239 profit.
Paid out € 139,550 in dividends to the owners in total.
Management
Behind Correlation is MARC LEONARD.
Directors
According to the 2026 annual accounts
MARC LEONARD
Director
Establishments
Establishment units
Physical locations of this company
Rue Derrière les Haies 49
4280 Hannut
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0839.201.042
- VAT number
- BE 0839.201.042
- Registered office
- Rue Derrière les Haies 49, 4280 Hannut
- Names & denominations
- Correlation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 2011
- Peppol
- Active · Active since 13 Oct 2025
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