Financials
Financial year 2025
CORAF from Beernem, company number BE0862261704, closed financial year 2025 with a result of € 31,385 after tax. For that financial year CORAF recorded a gross margin of € 152,502 and equity of € 415,211. Compared with financial year 2024, the result moved from € 40,815 to € 31,385. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 4, 2026.
€ 415,211
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,385
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 422,233
▼ 31% 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 € 345,211.
People and assets in 2025
€ 71,449
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19,698
▼ 32% vs 2024
€ 12,118 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14,781
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,939
▼ 26% vs 2024
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 | € 279,554 | € 261,219 | € 237,009 | € 152,502 | ▼ 36% |
| Profit after taxes | € 32,086 | € 18,176 | € 40,815 | € 31,385 | ▼ 23% |
| Equity | € 523,838 | € 542,014 | € 383,826 | € 415,211 | ▲ 8% |
| Total debts | € 430,550 | € 331,167 | € 522,961 | € 262,534 | ▼ 50% |
| Cash | € 308,252 | € 446,621 | € 613,945 | € 422,233 | ▼ 31% |
| Retained profit | € 453,838 | € 472,014 | € 313,826 | € 345,211 | ▲ 10% |
| Dividend | € 0 | € 0 | € 199,003 | € 0 | ▼ 100% |
| Bank debt | € 50,521 | € 39,748 | € 28,837 | € 19,698 | ▼ 32% |
| Balance sheet total | € 987,722 | € 873,181 | € 906,787 | € 677,745 | ▼ 25% |
Key figures of CORAF, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to CORAF?
What happened at CORAF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,385 (▼ 23% vs 2024). filed late Source: NBB ↗
- WILLY BASTIAEN became a director. NBB
- PEGGY VAN HECKE became a director. NBB
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,086 profit in 2022 to € 31,385 profit in 2025.
Paid € 102,704 in corporate taxes since 2022.
Best year ever: 2024, with € 40,815 profit.
Paid out € 199,003 in dividends to the owners in total.
A new publication or filing at CORAF? We notify you, reason included.
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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 CORAF are PEGGY VAN HECKE and WILLY BASTIAEN.
Directors
According to the 2025 annual accounts
PEGGY VAN HECKE
Director
since 2011
WILLY BASTIAEN
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Tinhoutstraat 94 box 101
8730 Beernem
Westeindestraat 108
9990 Maldegem
Active since 18 December 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.261.704
- VAT number
- BE 0862.261.704
- Registered office
- Tinhoutstraat 94 bus 101, 8730 Beernem
- Names & denominations
- CORAF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2003
- Peppol
- Active · Active since 6 Oct 2025
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