Summary
Corsendonk is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.7m and a net result of -€14,802. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 29% of 5565 sector peers (fiscal year 2025). The company has been active since 1966 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 13-05-2026, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
48 d early
2024
27 d early
2023
27 d early
2022
21 d early
2021
52 d early
2020
23 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-11-2026 close30-06-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 oldest company in Oud-Turnhout, Finance and insurance sector
Equity
€2.7m▼ 0.5%
2024 · €2.7m
Net result
-€14,802
2024 · €122,889
Total assets
€9.7m▼ 9.4%
2024 · €10.8m
Solvency
27.8%▲ 2.5pp
2024 · 25.3%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€1.4m€2.3m▲ 59.7%€2.6m▲ 14.6%€2.9m▲ 10.3%€2.6m▼ 9.3%
Operating result€747,213€72,309▼ 90.3%€328,357▲ 354%€410,521▲ 25.0%€97,485▼ 76.3%
Net result€668,970above the sector's middle half€29,555within the sector's middle half▼ 95.6%€449,661above the sector's middle half▲ 1,421%€122,889within the sector's middle half▼ 72.7%-€14,802below the sector's middle half
Equity€2.1mabove the sector's middle half▲ 46.1%€2.1mabove the sector's middle half▲ 1.4%€2.6mabove the sector's middle half▲ 20.9%€2.7mabove the sector's middle half▲ 4.7%€2.7mabove the sector's middle half▼ 0.5%
Total assets€9.1mabove the sector's middle half▲ 19.9%€8.4mabove the sector's middle half▼ 7.8%€7.9mabove the sector's middle half▼ 6.4%€10.8mabove the sector's middle half▲ 36.6%€9.7mabove the sector's middle half▼ 9.4%
Debt€7.0m▲ 13.7%€6.3m▼ 10.5%€5.3m▼ 15.8%€8.0m▲ 52.2%€7.0m▼ 12.4%
Working capital€5.3m▲ 73.9%€3.7m▼ 30.2%€2.9m▼ 22.8%€893,803▼ 68.9%€277,299▼ 69.0%
Solvency23.2%below the sector's middle half▲ 4.2pp25.5%within the sector's middle half▲ 2.3pp33.0%within the sector's middle half▲ 7.5pp25.3%within the sector's middle half▼ 7.7pp27.8%within the sector's middle half▲ 2.5pp
Staff (FTE)12.7above the sector's middle half▲ 12.4%16.6above the sector's middle half▲ 30.7%13.3above the sector's middle half▼ 19.9%13.7above the sector's middle half▲ 3.0%11.9above the sector's middle half▼ 13.1%
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 76% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.7m
Fixed assets
€5.0m ▲ 25.6%
Current assets
€4.8m ▼ 29.8%
Equity and liabilities €9.7m
Equity
€2.7m ▼ 0.5%
Debt
€7.0m ▼ 12.4%
Debt's share of the balance-sheet total falls from 74.7% to 72.2%. Equity and debt are lower.
Key figures and ratios
ROE
-0.5%▼
2024 · 4.5%
ROA
-0.2%▼
2024 · 1.1%
Debt ≤ 1 year
€4.5m▼
2024 · €5.9m
Debt > 1 year
€2.5m▲
2024 · €2.1m
Income taxes
€722▼
2024 · €991
Staff costs
€695,385▼
2024 · €710,103
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.4m | €2.3m | €2.6m | €2.9m | €2.6m | ▼ 9.3% |
| Non-recurring operating income76A | €617,049 | - | €7,844 | €5,048 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €895,502 | €1.3m | €1.5m | €1.6m | €1.6m | ▼ 0.7% |
| Remuneration, social security and pensions62 | €449,945 | €703,458 | €748,311 | €710,103 | €695,385 | ▼ 2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,716 | €72,810 | €98,652 | €114,554 | €136,439 | ▲ 19.1% |
| Other operating charges640/8 | €29,156 | €122,423 | €33,536 | €49,997 | €49,336 | ▼ 1.3% |
| Non-recurring operating charges66A | €864 | - | - | €93 | - | - |
| Gross operating margin9900 | €1.3m | €971,000 | €1.2m | €1.3m | €978,644 | ▼ 23.9% |
| Operating profit (loss)9901 | €747,213 | €72,309 | €328,357 | €410,521 | €97,485 | ▼ 76.3% |
| Financial income75/76B | €74,426 | €125,524 | €301,982 | €61,993 | €43,292 | ▼ 30.2% |
| Recurring financial income75 | €74,426 | €125,524 | €301,982 | €61,993 | €43,292 | ▼ 30.2% |
| Financial charges65/66B | €152,142 | €167,616 | €156,549 | €348,634 | €154,857 | ▼ 55.6% |
| Recurring financial charges65 | €152,142 | €167,616 | €156,549 | €348,634 | €154,857 | ▼ 55.6% |
| Profit (loss) for the period before taxes9903 | €669,496 | €30,217 | €473,790 | €123,880 | -€14,080 | ▼ 111% |
| Income taxes67/77 | €526 | €663 | €24,129 | €991 | €722 | ▼ 27.1% |
| Profit (loss) for the period9904 | €668,970 | €29,555 | €449,661 | €122,889 | -€14,802 | ▼ 112% |
| Transfer from tax-exempt reserves789 | - | €91,351 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €668,970 | €120,906 | €449,661 | €122,889 | -€14,802 | ▼ 112% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.1m | €8.4m | €7.9m | €10.8m | €9.7m | ▼ 9.4% |
| Fixed assets21/28 | €2.0m | €2.0m | €2.0m | €4.0m | €5.0m | ▲ 25.6% |
| Intangible fixed assets21 | - | - | - | €11,415 | €10,181 | ▼ 10.8% |
| Tangible fixed assets22/27 | €994,431 | €1.1m | €1.1m | €1.3m | €2.3m | ▲ 73.4% |
| Land and buildings22 | €350,587 | €361,291 | €372,716 | €622,779 | €1.7m | ▲ 169% |
| Plant, machinery and equipment23 | €638,715 | €690,330 | €697,746 | €652,135 | €603,170 | ▼ 7.5% |
| Furniture and vehicles24 | €5,129 | €30,157 | €69,166 | €73,862 | €60,486 | ▼ 18.1% |
| Financial fixed assets28 | €957,345 | €957,345 | €836,745 | €2.6m | €2.6m | ▲ 1.0% |
| Current assets29/58 | €7.2m | €6.4m | €5.9m | €6.8m | €4.8m | ▼ 29.8% |
| Amounts receivable after more than one year29 | €4.1m | €3.2m | €1.6m | €703,745 | €208,360 | ▼ 70.4% |
| Other amounts receivable291 | €4.1m | €3.2m | €1.6m | €703,745 | €208,360 | ▼ 70.4% |
| Stocks and contracts in progress3 | €9,083 | €11,028 | €10,101 | €11,891 | €13,869 | ▲ 16.6% |
| Stocks30/36 | €9,083 | €11,028 | €10,101 | €11,891 | €13,869 | ▲ 16.6% |
| Amounts receivable within one year40/41 | €2.7m | €2.7m | €3.3m | €4.4m | €2.8m | ▼ 36.0% |
| Trade receivables40 | €158,443 | €134,493 | €166,771 | €421,636 | €194,425 | ▼ 53.9% |
| Other amounts receivable41 | €2.6m | €2.6m | €3.1m | €4.0m | €2.6m | ▼ 34.1% |
| Current investments50/53 | - | - | - | €800,000 | €300,000 | ▼ 62.5% |
| Cash at bank and in hand54/58 | €222,384 | €39,317 | €911,979 | €885,036 | €1.4m | ▲ 60.5% |
| Deferred charges and accrued income490/1 | €94,626 | €371,340 | €9,141 | €17,682 | €28,139 | ▲ 59.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.1m | €8.4m | €7.9m | €10.8m | €9.7m | ▼ 9.4% |
| Equity10/15 | €2.1m | €2.1m | €2.6m | €2.7m | €2.7m | ▼ 0.5% |
| Contributions10/11 | €235,654 | €235,654 | €235,654 | €235,654 | €235,654 | = |
| Capital10 | €235,654 | €235,654 | €235,654 | €235,654 | €235,654 | = |
| Issued capital100 | €235,654 | €235,654 | €235,654 | €235,654 | €235,654 | = |
| Reserves13 | €1.9m | €1.9m | €2.4m | €2.5m | €2.5m | ▼ 0.6% |
| Non-distributable reserves130/1 | €23,565 | €23,565 | €23,565 | €23,565 | €23,565 | = |
| Legal reserve130 | €23,565 | €23,565 | €23,565 | €23,565 | €23,565 | = |
| Tax-exempt reserves132 | €91,351 | - | - | - | - | - |
| Distributable reserves133 | €1.8m | €1.9m | €2.3m | €2.5m | €2.4m | ▼ 0.6% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €7.0m | €6.3m | €5.3m | €8.0m | €7.0m | ▼ 12.4% |
| Amounts payable after more than one year17 | €5.2m | €3.6m | €2.1m | €2.1m | €2.5m | ▲ 19.4% |
| Other amounts payable178/9 | €5.2m | €3.6m | €2.1m | €2.1m | €2.5m | ▲ 19.4% |
| Amounts payable within one year42/48 | €1.8m | €2.6m | €3.0m | €5.9m | €4.5m | ▼ 23.8% |
| Financial debts43 | €1.3m | €1.9m | €1.5m | €1.3m | €339,147 | ▼ 74.4% |
| Credit institutions430/8 | €1.3m | €1.9m | €1.5m | €1.3m | €339,147 | ▼ 74.4% |
| Trade debts44 | €222,293 | €279,933 | €107,143 | €247,275 | €184,552 | ▼ 25.4% |
| Suppliers440/4 | €222,293 | €279,933 | €107,143 | €247,275 | €184,552 | ▼ 25.4% |
| Advances received on contracts in progress46 | €152,566 | - | - | €290,393 | €313,838 | ▲ 8.1% |
| Taxes, remuneration and social security45 | €46,455 | €76,973 | €111,676 | €74,451 | €74,222 | ▼ 0.3% |
| Taxes450/3 | €2,274 | €12,079 | €19,861 | €3,317 | €18,625 | ▲ 462% |
| Remuneration and social security454/9 | €44,180 | €64,894 | €91,814 | €71,134 | €55,597 | ▼ 21.8% |
| Other amounts payable47/48 | €124,887 | €422,190 | €1.3m | €4.0m | €3.6m | ▼ 9.6% |
| Accrued charges and deferred income492/3 | €4,756 | - | €143,348 | €210 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €668,970 | €29,555 | €449,661 | €122,889 | -€14,802 | ▼ 112% |
| + Depreciation and write-downs630 | €50,716 | €72,810 | €98,652 | €114,554 | €136,439 | ▲ 19.1% |
| Operating cash flow (approximation) | €719,686 | €102,365 | €548,313 | €237,442 | €121,637 | ▼ 48.8% |
| Investment in fixed assets (approximation) | - | -€160,156 | -€35,902 | -€2.1m | -€1.1m | ▲ 45.0% |
| Change in cash | - | -€183,067 | €872,662 | -€26,943 | €535,561 | ▲ 2,088% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
State Gazette act
Reappointments: NÉDÉE, Dominique Georges Germaine Fernand (director) and NÉDÉE, Jan-Felix (director)Appointments: NÉDÉE, An-Sofie, NÉDÉE, Jan-Alexander and 7 others · Power of attorney15 facts ▸
State Gazette act
Reappointments: NÉDÉE, Dominique Georges Germaine Fernand (director) and NÉDÉE, Jan-Felix (director)
Appointments: NÉDÉE, An-Sofie, NÉDÉE, Jan-Alexander and 7 others · Power of attorney15 facts ▸
- Director reappointment, NÉDÉE, Dominique Georges Germaine Fernand (director)
- Director reappointment, NÉDÉE, Jan-Felix (director)
- Director appointment, NÉDÉE, An-Sofie (director)
- Director appointment, NÉDÉE, Jan-Alexander (director)
- Director appointment, NÉDÉE, Lara-An (director)
- Director appointment, THYS, Jos August Carl (director)
- Director appointment, GIELENS, Stefaan Maria Jules (director)
- Director appointment, VAN OVERSTRAETEN, Annick Aleydis Jozef (director)
- Power of attorney, GEERINCKX Peter
- Power of attorney, DRESSELAERS Tom
- Board meeting, 31-07-2026
- Director appointment, NÉDÉE, Dominique Georges Germaine Fernand (chair)
- +3 further facts in this act
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-11
Financial
Back to profitnet €668,970
Net result €668,970 after one loss-making year.
30-11
Financial
Equity above €2mEq €2.1m ▲46.1%
Equity rises from €1.4m to €2.1m.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-11
Financial
Weakest financial yearnet -€2.1m
Net result drops to -€2.1m, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 66 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 25 days late
2017
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26351074). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 8
NÉDÉE, Dominique Georges Germaine Fernand
CurrentChair · since 06-08-2026 · Director
NÉDÉE, Jan-Alexander
CurrentVice-chair · since 06-08-2026 · Director · since 06-08-2026
GIELENS Stefaan Maria Jules
CurrentDirector · since 06-08-2026
NÉDÉE, An-Sofie
CurrentDirector · since 06-08-2026
NÉDÉE, Lara-An
CurrentDirector · since 06-08-2026
THYS, Jos August Carl
CurrentDirector · since 06-08-2026
VAN OVERSTRAETEN, Annick Aleydis Jozef
CurrentDirector · since 06-08-2026
NÉDÉE, Jan-Felix
CurrentDirector
Day-to-day management 2
NÉDÉE, Jan-Felix
CurrentManaging director · since 06-08-2026
DRESSELAERS, Tom
CurrentDay-to-day manager · since 06-08-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Oud-Turnhout · 1 establishment unit since 1973
Ground area
5.1 ha
Building footprint
642 m²
Volume, LiDAR
7,442 m³
Parcel 13483I0449/00S000, Flanders · tallest building 18.2 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Corsendonk 5, 2360 Oud-Turnhout
since 19732.008.082.716
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13483I0449/00S000 | Flanders | 5.1 ha | 1 · 642 m² | 18.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Mandate history
9 people since 2026, 9 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| GIELENS Stefaan Maria Jules |
|
| NÉDÉE, An-Sofie |
|
| NÉDÉE, Dominique Georges Germaine Fernand |
|
| NÉDÉE, Jan-Alexander |
|
| NÉDÉE, Jan-Felix |
|
| NÉDÉE, Lara-An |
|
| THYS, Jos August Carl |
|
| VAN OVERSTRAETEN, Annick Aleydis Jozef |
|
| DRESSELAERS, Tom |
|
Articles of association
Statutes amendment
Structure & network
Owners and holdings
5 holdings · 7 subsidiaries in the treeOwners 0
The accounts to 30-11-2025 list no shareholders, and no other source names one.
Holdings 5
- Corsendonk Development CompanysubsidiarySourceown accounts 30-11-2025100%
-
100%
-
100%
-
100%
-
100%
All subsidiaries, including indirect ones 7
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- Corsendonk Development Company 100%
- Corsendonk Services 100%
- De Linde 100%
HOTEL TURNHOUT 100%1 subsidiary
- Corsendonk Consultants PVT LimitedIN 61%
KEMPENSE HOTEL MAATSCHAPPIJ 100%1 subsidiary
- Hooge Heyde 100%
According to the annual accounts to 30-11-2025 of Corsendonk and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 connected companiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Karus
via GIELENS Stefaan Maria Jules · Director
→
Happy Affairs
via GIELENS Stefaan Maria Jules · Permanent representative
former→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 71,399 EUR awarded · 22,417 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,000 EUR | 4,200 EUR |
| 2024 | 2 | 3,000 EUR | 12,400 EUR |
| 2023 | 3 | 60,054 EUR | 472 EUR |
| 2022 | 1 | 5,345 EUR | 5,345 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteOud-Turnhout2.008.082.716
Dual-learning approval
7 endedHulpkelner (so)
Hulpkelner (vwo)
Hulpkelner duaal (so)
Kelner (so)
Keukenmedewerker (so)
Kok (so)
Hulpkok (so)
Similar companies · same sector, comparable size
Verbinhvest
BE 0759.411.416
Antwerpen · Eq €2,705,860
AMCOR FLEXIBLES BRUSSELS
BE 0463.575.272
Gent · Eq €2,706,294
DC-Hold
BE 0765.543.103
Veurne · Eq €2,704,949
S & C HOLDING
BE 0543.718.850
Ravels · Eq €2,702,499
RUCRA
BE 0456.242.369
Gent · Eq €2,709,597
Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 10,008 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-10-1966
Fiscal year end30-11
Activities, NACEBEL 2025
55100Hotels and similar accommodation
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0403330651
Also
9925:BE0403330651
Registered
24-11-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.