ACTIVE

KORAMIC DEVELOPMENT PROJECTS

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Financial year 2025 · Closed on 31/12/2025

Net result-4,6 M €-2 137,7 %over 1 year
Revenue24,1 M €+53,3 %over 1 year
Equity25,4 M €+286 230,8 %over 1 year

Identity

Source · BCE/KBO

KORAMIC DEVELOPMENT PROJECTS is a Public limited company incorporated in 1960. Its main activity is: Buying and selling of own real estate. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0400.281.485
Incorporation
17/03/1960
Legal form
Public limited company
Registered office
Kapel ter Bede(Kor) 84
8500 Kortrijk · FlandreSee on map
Contributed capital
55 841 408,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218
Signals
Solid equityLow riskGood liquidityHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue24,1 M €15,7 M €10,5 M €8,9 M €1,5 M €
EBITDA-3,5 M €1,8 M €153 k €-736,3 k €-1,9 M €
Operating result-3,3 M €1,6 M €153 k €-736,3 k €-1,9 M €
Net result-4,6 M €226,7 k €-586,2 k €-1,3 M €-1,7 M €
Balance sheet
Equity25,4 M €8,9 k €-217,9 k €368,4 k €1,7 M €
Total assets36,8 M €30,7 M €23 M €13,5 M €10,7 M €
Cash2,2 M €2,1 M €3,3 M €3,1 M €108,1 k €
Debts11,4 M €30,5 M €23,2 M €13,2 M €9 M €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 18 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Carl Van den Eynde
Chairman of the board of directors22/12/2025 → 22/05/2027Director13/06/2024 → 22/05/2027Managing director13/06/2024 → 22/05/2027
Koramic Real Estate0403.271.857Represented by Christian Dumolin
Director22/12/2025 → 24/05/2031
PATRIOS0842.758.071Represented by Peter Artois
Director22/12/2025 → 24/05/2031
Edge of Change0687.704.462Represented by Pieter Blondeel
Director24/05/2025 → 24/05/2031
LECLUYSE CHRISTIAN
Director01/02/2024 → 22/05/2027
Christian Dumolin
Chairman of the board of directors18/08/2021 → 22/05/2027Director18/08/2021 → 22/05/2027Managing director22/05/2004 → 29/05/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
STERCKX BUSINESS SERVICES0836.179.887Represented by Jimmy Sterckx
Director10/01/2024 → 05/06/2024Managing director10/01/2024 → 2024 accounts
OLIVER Management Consulting0693.879.305Represented by BART VERMEULEN
Director31/10/2023 → 2024 accounts

Other companies at this address

Kapel ter Bede(Kor) 84 8500 Kortrijk
CompanyCBE no.
Assemblics International● Active
0453.180.634
AXXES MERELBEKE● Active
0877.961.252
BEDRIJVENCENTRUM MALLE● Active
0441.897.653
BEVIZION● Active
0889.083.687
C-Buildings● Active
0464.205.376
CHETOX ONE● Active
0784.926.275
DeliBarn Immo● Active
0413.756.072
ERIKOR● Active
0840.361.181
FONCIERE CHOCOLATERIE● Active
0821.770.835
IMMO WANSART● Active
0724.839.626
INVESTCO● Active
0892.820.761
Koramic Capital● Active
0438.220.264
Koramic Chemicals● Active
0453.083.337
KORAMIC CHOCOLATERIE● Active
0821.771.033
Koramic Finance Company● Active
0444.646.614
KORAMIC INVESTMENTS● Active
0405.371.512
Koramic Real Estate● Active
0403.271.857
Koramic Renovation Projects● Active
0442.876.264
KORAMIC SOLAR● Active
0831.186.169
LADIES INVESTMENT COMPANY● Active
0446.454.871

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202625/06/202502/07/202422/06/202301/07/202223/06/2021
General meeting23/05/202624/05/202525/05/202427/05/202328/05/202222/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/05/202622/06/2026DutchPDF
Full model31/12/202424/05/202525/06/2025DutchPDF
Full model31/12/202325/05/202402/07/2024DutchPDF
Full model31/12/202227/05/202322/06/2023DutchPDF
Full model31/12/202128/05/202201/07/2022DutchPDF
Full model31/12/202022/05/202123/06/2021DutchPDF
Full model31/12/201919/06/202022/06/2020DutchPDF
Full model31/12/201825/05/201918/06/2019DutchPDF
Full model31/12/201726/05/201827/06/2018DutchPDF
Full model31/12/201627/05/201706/07/2017DutchPDF
Full model31/12/201528/05/201628/06/2016DutchPDF
Full model31/12/201423/05/201510/06/2015DutchPDF
Full model31/12/201323/05/201430/06/2014DutchPDF
Full model31/12/201225/05/201309/07/2013DutchPDF
Full model31/12/201126/05/201212/07/2012DutchPDF
Full model31/12/201028/05/201127/06/2011DutchPDF
Full model31/12/200922/05/201014/06/2010DutchPDF
Full model31/12/200823/05/200922/06/2009DutchPDF
Full model31/12/200724/05/200824/06/2008DutchPDF
Full model31/12/200626/05/200726/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 18 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Carl Van den Eynde
Chairman of the board of directors22/12/2025 → 22/05/2027Director13/06/2024 → 22/05/2027Managing director13/06/2024 → 22/05/2027
Koramic Real Estate0403.271.857Represented by Christian Dumolin
Director22/12/2025 → 24/05/2031
PATRIOS0842.758.071Represented by Peter Artois
Director22/12/2025 → 24/05/2031
Edge of Change0687.704.462Represented by Pieter Blondeel
Director24/05/2025 → 24/05/2031
LECLUYSE CHRISTIAN
Director01/02/2024 → 22/05/2027
Christian Dumolin
Chairman of the board of directors18/08/2021 → 22/05/2027Director18/08/2021 → 22/05/2027Managing director22/05/2004 → 29/05/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
STERCKX BUSINESS SERVICES0836.179.887Represented by Jimmy Sterckx
Director10/01/2024 → 05/06/2024Managing director10/01/2024 → 2024 accounts
OLIVER Management Consulting0693.879.305Represented by BART VERMEULEN
Director31/10/2023 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/08/2026
    (her)benoeming commissaris
    PDF
  • Mandates09/02/2026
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates15/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1960
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Koramic Real Estate
PATRIOS
Carl Van den Eynde
Edge of Change
LECLUYSE CHRISTIAN
Christian Dumolin
STERCKX BUSINESS SERVICES
OLIVER Management Consulting
THred
KOUTER SERVICES
ODON
LIBERTY ASSOCIATES
196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
KORAMIC DEVELOPMENT PROJECTSKORAMIC DEVELOPMENTKoramic Industries
Kapel ter Bede(Kor) 84, 8500 Kortrijk
Director
Director
Chairman of the board of directorsDirectorManaging director
Director
Director
Chairman of the board of directorsDirectorManaging director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kapel ter Bede(Kor) 84, 8500 KortrijkCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00206571

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
KORAMIC DEVELOPMENT PROJECTSCurrent
accounts 2025
Accounts 2025 · 2026-00206571
KORAMIC DEVELOPMENT
accounts 2021 → 2024
Accounts 2024 · 2025-00220360
Koramic Industries
accounts 2006 → 2020
Accounts 2020 · 2021-24100449

Events

  1. 2025
    Annual accounts 2025-4,6 M €↓
  2. 2025
    Name changeKORAMIC DEVELOPMENT PROJECTS
  3. 22/12/2025
    nominationKORAMIC REAL ESTATE INVESTMENT · bestuurder
  4. 22/12/2025
    nominationPATRIOS · bestuurder
  5. 22/12/2025
    nominationCarl VAN DEN EYNDE · voorzitter van de raad van bestuur
  6. 22/12/2025
    augmentation_capital
  7. 22/12/2025
    reduction_capital
  8. 24/05/2025
    nominationEdge of Change BV · bestuurder
  9. 2024
    Annual accounts 2024226,7 k €↑
  10. 13/06/2024
    nominationCarl Van den Eynde · bestuurder
  11. 01/02/2024
    nominationChristian Lecluyse · bestuurder
  12. 10/01/2024
    nominationSterckx Business Services BV · bestuurder
  13. 2023
    Annual accounts 2023-586,2 k €↑
  14. 31/10/2023
    nominationOliver Management Consulting BV · bestuurder
  15. 27/05/2023
    reconductionJoseph-Michel Boes · commissaris
  16. 2022
    Annual accounts 2022-1,3 M €↑
  17. 18/11/2022
    nominationThred BV · bestuurder
  18. 18/11/2022
    nominationKouter Services BV · bestuurder
  19. 01/09/2022
    nominationOdon BV · Gedelegeerd Bestuurder
  20. 24/06/2022
    nominationODON BV · bestuurder
  21. 24/06/2022
    nominationOLIVER MANAGEMENT CONSULTING BV · bestuurder
  22. 15/04/2022
    nominationLiberty Associates SRL · bestuurder
  23. 15/04/2022
    nominationNVE BV · bestuurder
  24. 15/04/2022
    nominationVdB Advisory Comm.V. · bestuurder
  25. 15/04/2022
    nominationChristian Dumolin · Gedelegeerd Bestuurder
  26. 15/04/2022
    nominationLiberty Associates SRL · Gedelegeerd Bestuurder
  27. 2021
    Annual accounts 2021-1,7 M €↓
  28. 2021
    Name changeKORAMIC DEVELOPMENT
  29. 2020
    Annual accounts 2020-974,4 k €↑
  30. 2019
    Annual accounts 2019-7,6 M €↓
  31. 2018
    Annual accounts 2018-4,5 M €↓
  32. 2017
    Annual accounts 2017-3,5 M €↓
  33. 2016
    Annual accounts 201638,7 M €↑
  34. 2015
    Annual accounts 2015-42,9 M €↓
  35. 2014
    Annual accounts 2014-163,9 k €↑
  36. 2013
    Annual accounts 2013-6,7 M €↓
  37. 2012
    Annual accounts 2012-5 M €↑
  38. 2011
    Annual accounts 2011-26,5 M €↓
  39. 2010
    Annual accounts 2010-10 M €↓
  40. 2009
    Annual accounts 2009-6,3 M €↓
  41. 2008
    Annual accounts 2008-1,8 M €↓
  42. 2007
    Annual accounts 200740,4 M €↑
  43. 2006
    Annual accounts 2006-3,9 M €
  44. 17/03/1960
    IncorporationPublic limited company