ACTIVE

Koramic Real Estate

Financial year 2025 · Closed on 31/12/2025

Net result3,2 M €-41,9 %over 1 year
Revenue30,3 M €+7,7 %over 1 year
Equity204,8 M €+1,6 %over 1 year
Workforce11,9 ETP-4,0 %over 1 year

Identity

Source · BCE/KBO

Koramic Real Estate is a Public limited company incorporated in 1928. Its registered office is in Kortrijk. It employs on average 11,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.271.857
Incorporation
17/04/1928
Legal form
Public limited company
Registered office
Kapel ter Bede(Kor) 84
8500 Kortrijk · FlandreSee on map
Contributed capital
98 820 640,00 €
Latest accounts
31/12/2025
Average workforce
11,9 ETP
Joint committees (3)
  • 11304
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue30,3 M €28,1 M €24,6 M €19,7 M €9,4 M €
EBITDA24,4 M €12,4 M €14,2 M €8,3 M €-122,9 k €
Operating result18,3 M €6,1 M €7,6 M €2,6 M €-141,8 k €
Net result3,2 M €5,6 M €11,7 M €72,2 M €1,8 M €
Balance sheet
Equity204,8 M €201,6 M €196 M €490,3 M €403,3 M €
Total assets395,8 M €384,3 M €371,8 M €644,1 M €428,7 M €
Cash1,9 M €3,6 M €4 M €5,9 M €1,8 M €
Debts181,6 M €174,8 M €168,1 M €149,6 M €25,3 M €
Other
Workforce11,9 ETP12,4 ETP9,9 ETP4,8 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 36 ended

Active mandates

Edge of Change

Director · since 24 mars 2026 · until 28 mai 2031 · 0687.704.462

Represented by Pieter Blondeel

Active
PATRIOS

Director · since 24 mars 2026 · until 28 mai 2031 · 0842.758.071

Represented by Peter Artois

Active
Christian Dumolin

Chairman of the board of directors · since 27 août 2024 · until 26 mai 2027

Active
Carl Van den Eynde

Director · since 13 juin 2024 · until 26 mai 2027

Active
Carl Van den Eynde

Managing director · since 13 juin 2024 · until 26 mai 2027

Active
Christian Dumolin

Director · since 13 juin 2024 · until 26 mai 2027

Active
Sterk Interim Management BV

Director · since 13 mai 2024 · until 24 mars 2026 · 0767.446.083

Represented by Olaf Sterkenburg

Active
Agolis

Managing director · since 12 avril 2024 · until 26 mai 2027 · 0799.345.722

Represented by Stéphane Vlaemminck

Active
Agolis

Director · since 23 janvier 2024 · until 26 mai 2027 · 0799.345.722

Represented by Stéphane Vlaemminck

Active
ODON

Director · since 15 avril 2022 · until 26 mai 2027 · 0891.999.528

Represented by Hilde Famaey

Active

Ended mandates

STERK Interim Management BV

Director · since 13 mai 2024 · until 29 mai 2024 · 0767.446.083

Represented by Olaf Sterkenburg

Ended
Sterk Interim Management BV

Chairman of the board of directors · since 13 mai 2024 · until 27 août 2024 · 0767.446.083

Represented by Olaf Sterkenburg

Ended
Sterk Interim Management BV

Director · since 13 mai 2024 · until 26 mai 2027 · 0767.446.083

Represented by Olaf Sterkenburg

Ended
Agolis

Managing director · since 23 janvier 2024 · until 29 mai 2024 · 0799.345.722

Represented by Stéphane Vlaemminck

Ended

Other companies at this address

Kapel ter Bede(Kor) 84 8500 Kortrijk
CompanyCBE no.
0453.180.634
AXXES MERELBEKE● Active
0877.961.252
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
0821.770.835
IMMO WANSART● Active
0724.839.626
INVESTCO● Active
0892.820.761
Koramic Capital● Active
0438.220.264
0453.083.337
0821.771.033
0400.281.485
0444.646.614
0405.371.512
0442.876.264
KORAMIC SOLAR● Active
0831.186.169
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 date29/06/202625/06/202524/06/202429/06/202301/07/202229/06/2021
General meeting27/05/202628/05/202529/05/202431/05/202325/05/202226/05/2021
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 model31/12/202527/05/202629/06/2026DutchPDF
Full model31/12/202428/05/202525/06/2025DutchPDF
Full model31/12/202329/05/202424/06/2024DutchPDF
Full model31/12/202231/05/202329/06/2023DutchPDF
Full model31/12/202125/05/202201/07/2022DutchPDF
Full model31/12/202026/05/202129/06/2021DutchPDF
Full model31/12/201919/06/202025/06/2020DutchPDF
Full model31/12/201829/05/201917/06/2019DutchPDF
Full model31/12/201730/05/201829/06/2018DutchPDF
Full model31/12/201631/05/201706/07/2017DutchPDF
Full model31/12/201525/05/201628/06/2016DutchPDF
Full model31/12/201427/05/201510/06/2015DutchPDF
Full model31/12/201328/05/201401/07/2014DutchPDF
Full model31/12/201229/05/201316/07/2013DutchPDF
Full model31/12/201130/05/201212/07/2012DutchPDF
Full model31/12/201025/05/201122/06/2011DutchPDF
Full model31/12/200926/05/201014/06/2010DutchPDF
Full model31/12/200827/05/200901/07/2009DutchPDF
Full model31/12/200728/05/200827/06/2008DutchPDF
Full model31/12/200630/05/200728/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

10 active · 36 ended

Active mandates

Edge of Change

Director · since 24 mars 2026 · until 28 mai 2031 · 0687.704.462

Represented by Pieter Blondeel

Active
PATRIOS

Director · since 24 mars 2026 · until 28 mai 2031 · 0842.758.071

Represented by Peter Artois

Active
Christian Dumolin

Chairman of the board of directors · since 27 août 2024 · until 26 mai 2027

Active
Carl Van den Eynde

Director · since 13 juin 2024 · until 26 mai 2027

Active
Carl Van den Eynde

Managing director · since 13 juin 2024 · until 26 mai 2027

Active
Christian Dumolin

Director · since 13 juin 2024 · until 26 mai 2027

Active
Sterk Interim Management BV

Director · since 13 mai 2024 · until 24 mars 2026 · 0767.446.083

Represented by Olaf Sterkenburg

Active
Agolis

Managing director · since 12 avril 2024 · until 26 mai 2027 · 0799.345.722

Represented by Stéphane Vlaemminck

Active
Agolis

Director · since 23 janvier 2024 · until 26 mai 2027 · 0799.345.722

Represented by Stéphane Vlaemminck

Active
ODON

Director · since 15 avril 2022 · until 26 mai 2027 · 0891.999.528

Represented by Hilde Famaey

Active

Ended mandates

STERK Interim Management BV

Director · since 13 mai 2024 · until 29 mai 2024 · 0767.446.083

Represented by Olaf Sterkenburg

Ended
Sterk Interim Management BV

Chairman of the board of directors · since 13 mai 2024 · until 27 août 2024 · 0767.446.083

Represented by Olaf Sterkenburg

Ended
Sterk Interim Management BV

Director · since 13 mai 2024 · until 26 mai 2027 · 0767.446.083

Represented by Olaf Sterkenburg

Ended
Agolis

Managing director · since 23 janvier 2024 · until 29 mai 2024 · 0799.345.722

Represented by Stéphane Vlaemminck

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/08/2026
    (her)benoeming commissaris
    PDF
  • Mandates16/04/2026
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 24/03/2026
    nominationEdge of Change — bestuurder
  2. 24/03/2026
    nominationPieter Fons BLONDEEL — vaste vertegenwoordiger (bestuurder)
  3. 24/03/2026
    nominationPATRIOS — bestuurder
  4. 24/03/2026
    nominationPeter Alain ARTOIS — vaste vertegenwoordiger (bestuurder)
  5. 2025
    Annual accounts 20253,2 M €↓
  6. 2025
    Name changeKORAMIC REAL ESTATE
  7. 2024
    Annual accounts 20245,6 M €↓
  8. 27/08/2024
    nominationChristian Dumolin — Voorzitter van de Raad van Bestuur
  9. 13/06/2024
    nominationChristian Dumolin — bestuurder
  10. 13/06/2024
    nominationCarl Van den Eynde — bestuurder
  11. 29/05/2024
    reconductionAgolis BV — bestuurder
  12. 29/05/2024
    nominationAgolis BV — Gedelegeerd Bestuurder
  13. 29/05/2024
    reconductionSTERK Interim Management BV — bestuurder
  14. 29/05/2024
    nominationSTERK Interim Management BV — Voorzitter
  15. 29/05/2024
    nominationSterckx Business Services BV — bestuurder
  16. 14/05/2024
    nominationSterk Interim Management BV — bestuurder
  17. 12/04/2024
    nominationStéphane Vlaemminck — gedelegeerd bestuurder
  18. 23/01/2024
    nominationAgolis BV — bestuurder
  19. 04/01/2024
    nominationSterckx Business Services BV — bestuurder
  20. 2023
    Annual accounts 202311,7 M €↓
  21. 31/05/2023
    reconductionJoseph-Michel Boes — commissaris
  22. 2022
    Annual accounts 202272,2 M €↑
  23. 15/04/2022
    nominationHilde Famaey — bestuurder
  24. 15/04/2022
    nominationYves Van Hooland — bestuurder
  25. 15/04/2022
    augmentation_capitalKORAMIC HOLDING
  26. 31/03/2022
    augmentation_capitalKORAMIC HOLDING
  27. 2022
    Name changeKORAMIC REAL ESTATE INVESTMENT
  28. 2021
    Annual accounts 20211,8 M €↓
  29. 2020
    Annual accounts 202018,4 M €↓
  30. 2019
    Annual accounts 201988 M €↑
  31. 2018
    Annual accounts 201821,2 M €↑
  32. 2017
    Annual accounts 2017-1,4 M €↓
  33. 2016
    Annual accounts 20161,5 M €↑
  34. 2015
    Annual accounts 2015-3,6 M €↓
  35. 2014
    Annual accounts 201433 k €↓
  36. 2013
    Annual accounts 20132,7 M €↓
  37. 2012
    Annual accounts 20128,4 M €↑
  38. 2011
    Annual accounts 20116,2 M €↑
  39. 2010
    Annual accounts 20106,1 M €↑
  40. 2009
    Annual accounts 20096 M €↑
  41. 2008
    Annual accounts 20084,9 M €↓
  42. 2007
    Annual accounts 20077,7 M €↓
  43. 2006
    Annual accounts 200610,7 M €
  44. 2006
    Name changeKORAMIC INVESTMENT GROUP
  45. 17/04/1928
    IncorporationPublic limited company