Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE CORTE PAINT from Eeklo, company number BE0889056072, closed financial year 2025 with a result of € 107,011 after tax. For that financial year DE CORTE PAINT recorded a gross margin of € 245,787 and equity of € 73,521. Compared with financial year 2024, the result moved from € 183,066 to € 107,011. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 20, 2026.
€ 73,521
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 107,011
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 58,890
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 107,000 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1.8
Average over the fiscal year, from the social balance sheet.
€ 87,213
▲ 13% vs 2024
€ 48,500 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.
€ 56,690
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 35,028
▼ 33% vs 2024
€ 17,862 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 111,024
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,512
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 187,936 | € 225,507 | € 301,819 | € 245,787 | ▼ 19% |
| Profit after taxes | € 53,062 | € 70,237 | € 183,066 | € 107,011 | ▼ 42% |
| Equity | € 73,207 | € 73,444 | € 73,510 | € 73,521 | |
| Total debts | € 253,206 | € 317,638 | € 574,793 | € 283,116 | ▼ 51% |
| Cash | € 53,684 | € 135,456 | € 241,360 | € 58,890 | ▼ 76% |
| Land & buildings | € 23,263 | € 27,160 | € 20,366 | € 13,572 | ▼ 33% |
| Retained profit | € 23,207 | € 23,444 | € 23,510 | € 23,521 | |
| Dividend | € 53,000 | € 70,000 | € 183,000 | € 107,000 | ▼ 42% |
| Bank debt | € 45,684 | € 46,088 | € 52,517 | € 35,028 | ▼ 33% |
| Balance sheet total | € 326,413 | € 391,082 | € 648,303 | € 356,637 | ▼ 45% |
| Employees (FTE) | - | 2.3 | - | 1.8 |
Key figures of DE CORTE PAINT, 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 May 2027.
What happened to DE CORTE PAINT?
What happened at DE CORTE PAINT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 107,011 (▼ 42% vs 2024). Source: NBB ↗
- Katty De Corte became a director. NBB
- Devacor BV became a director. NBB
- Jean-Luc Van Heyste became a director. NBB
- New establishment in Eeklo. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,062 profit in 2022 to € 107,011 profit in 2025.
Paid € 9,448 in corporate taxes since 2022.
Best year ever: 2024, with € 183,066 profit.
On average € 136,500 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
Behind DE CORTE PAINT are Katty De Corte, Jean-Luc Van Heyste and Devacor BV. Katty De Corte is also behind DEVACOR. Jean-Luc Van Heyste is also behind DEVACOR.
Directors
According to the 2025 annual accounts
since 2009
since 2009
Director · represented by Katty De Corte
since 2009
Establishments
Establishment units
Physical locations of this company
Leopoldlaan 45
9900 Eeklo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0889.056.072
- VAT number
- BE 0889.056.072
- Registered office
- Leopoldlaan 45, 9900 Eeklo
- Names & denominations
- DE CORTE PAINT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2007
- Peppol
- Active · Active since 6 Mar 2025
- Activities · NACE
Detailhandel in verf en verfwaren
Handelsbemiddeling in de groothandel in andere specifieke goederen
Handelsbemiddeling gespecialiseerd in overige goederen, n.e.g.
Markt- en opinieonderzoek
Detailhandel in verlichtingsartikelen
Groothandel in reinigingsmiddelen
Overige zakelijke dienstverlening, neg
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
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