ACTIVE

KORYS BUSINESS SERVICES I NV

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Financial year 2025 · closed on 31/03/2025

Net result

215,5 k €

-14.2% YoY

Gross margin

-8,6 k €

-23.2% YoY

Equity

10,8 M €

+2.0% YoY

Workforce

0,0 ETP

What does KORYS BUSINESS SERVICES I NV do?

KORYS BUSINESS SERVICES I NV is a Public limited company incorporated in 1978. Its main activity is: Activities of head offices. Its registered office is in Halle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0418.759.787

Incorporation

28/09/1978

Legal form

Public limited company

Registered office

Villalaan 96
1500 Halle · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/03/2025

Average workforce

0,0 ETP

Activities (NACE)

70100Activities of head offices· main 70100Activities of head offices

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007
Income statement
Gross margin	-8,6 k €	-23.2%	-7,0 k €	+3.3%	-7,2 k €	-2.6%	-7,0 k €	-207%	-2,3 k €	+80.4%	-11,7 k €	-101%	1,0 M €		–		–		–		–		–		–		1,0 M €	+8.7%	959,9 k €	+19.4%	803,9 k €
EBITDA	-9,6 k €	-20.3%	-8,0 k €	+1.6%	-8,1 k €	-1.9%	-7,9 k €	-143%	-3,3 k €	+74.1%	-12,6 k €	-101%	1,0 M €	+11.2%	926,4 k €	-5.2%	977,1 k €	-1.9%	996,1 k €	-18.2%	1,2 M €	+6.4%	1,1 M €	+7.0%	1,1 M €	+3.0%	1,0 M €	+8.7%	954,0 k €	+19.2%	800,1 k €
Operating result	-9,6 k €	-20.3%	-8,0 k €	+1.6%	-8,1 k €	-1.9%	-7,9 k €	-143%	-3,3 k €	+74.1%	-12,6 k €	-101%	1,0 M €	+11.2%	926,4 k €	-5.2%	977,1 k €	-1.9%	996,1 k €	-18.2%	1,2 M €	+8.6%	1,1 M €	+7.2%	1,0 M €	+3.1%	1,0 M €	+8.9%	931,5 k €	+21.5%	766,9 k €
Net result	215,5 k €	-14.2%	251,0 k €	+658%	33,1 k €	+676%	-5,7 k €	-171%	8,1 k €	+801%	-1,2 k €	-100%	723,2 k €	+8.4%	667,2 k €	-7.9%	724,1 k €	-83.0%	4,3 M €	+255%	1,2 M €	-8.0%	1,3 M €	+8.1%	1,2 M €	+46.7%	821,4 k €	-20.0%	1,0 M €	+33.5%	769,0 k €
Balance sheet
Equity	10,8 M €	+2.0%	10,6 M €	+2.4%	10,4 M €	+0.3%	10,3 M €	+0.0%	10,3 M €	+0.1%	10,3 M €	-0.0%	10,3 M €	+7.5%	9,6 M €	+7.5%	8,9 M €	+8.8%	8,2 M €	+108%	3,9 M €	-82.5%	22,5 M €	+6.1%	21,2 M €	+6.0%	20,0 M €	+4.3%	19,2 M €	+5.7%	18,1 M €
Total assets	10,9 M €	+0.8%	10,8 M €	+3.1%	10,4 M €	+0.7%	10,4 M €	+0.3%	10,4 M €	+0.1%	10,3 M €	-1.2%	10,5 M €	+7.3%	9,7 M €	+6.8%	9,1 M €	+4.3%	8,8 M €	+103%	4,3 M €	-81.0%	22,7 M €	+6.8%	21,3 M €	+5.8%	20,1 M €	+4.2%	19,3 M €	+5.8%	18,2 M €
Cash	–		–		–		–		–		–		–		–		–		–		28,5 k €	+403%	5,7 k €	+48.9%	3,8 k €	-58.5%	9,2 k €	-87.6%	73,9 k €	-30.3%	106,0 k €
Debts	24,2 k €	-84.9%	160,4 k €	+84.4%	87,0 k €	+66.6%	52,2 k €	+111%	24,7 k €	+11.8%	22,1 k €	-84.6%	143,8 k €	-5.7%	152,5 k €	+15.3%	132,2 k €	-72.3%	477,1 k €	+33.6%	357,2 k €	+76.8%	202,1 k €	+240%	59,5 k €	-38.9%	97,4 k €	-13.6%	112,7 k €	+25.4%	89,9 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 4 active · 36 ended

Active mandates

Antoon Hermans

Director · since 23 septembre 2025 · until 23 septembre 2031

Active

Jozef Colruyt

Director · since 23 septembre 2025 · until 23 septembre 2031

Active

Senne Hermans

Director · since 23 septembre 2025 · until 23 septembre 2031

Active

Willem Colruyt

Director · since 23 septembre 2025 · until 23 septembre 2031

Active

Ended mandates

Senne Hermans

Director · since 25 septembre 2024 · until 23 septembre 2025

Ended

Antoon Hermans

Director · since 24 septembre 2019 · until 23 septembre 2025

Ended

Hilde Cerstelotte

Director · since 24 septembre 2019 · until 25 septembre 2024

Ended

Hilde Cerstelotte

Director · since 24 septembre 2019 · until 23 septembre 2025

Ended

At this address

Other companies at this address

Company	CBE no.
COZIN FAMILY OFFICE● Active	0686.744.360
Eoly Coöperatie● Active	0647.562.496
Hyoffwind Infrastructure● Active	0775.857.171
KORYS● Active	0844.198.918
Korys Business Services III NV● Active	0422.041.357
Korys Business Services II NV● Active	0450.623.396
Korys Capital Galateia● Active	1018.078.247
Korys Capital GP● Active	1017.666.392
KORYS INVESTMENTS● Active	0871.963.979
KORYS MANAGEMENT● Active	0885.971.571
KORYS MANAGEMENT INVESTMENTS● Active	0798.820.437
KORYS REAL ESTATE● Active	0885.969.888
KORYS VAT● Active	0712.926.937
OLDA● Active	1018.711.618
Virya Renewables Poland● Active	1031.847.101

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/10/2025	17/10/2024	17/10/2023	14/10/2022	20/10/2021	22/10/2020
General meeting	23/09/2025	24/09/2024	26/09/2023	20/09/2022	21/09/2021	29/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	23/09/2025	17/10/2025	Dutch	PDF
Abridged model	31/03/2024	24/09/2024	17/10/2024	Dutch	PDF
Abridged model	31/03/2023	26/09/2023	17/10/2023	Dutch	PDF
Abridged model	31/03/2022	20/09/2022	14/10/2022	Dutch	PDF
Abridged model	31/03/2021	21/09/2021	20/10/2021	Dutch	PDF
Abridged model	31/03/2020	29/09/2020	22/10/2020	Dutch	PDF
Abridged model	31/03/2019	24/09/2019	22/10/2019	Dutch	PDF
Abridged model	31/03/2018	25/09/2018	11/10/2018	Dutch	PDF
Abridged model	31/03/2017	26/09/2017	23/10/2017	Dutch	PDF
Full model	31/03/2016	20/09/2016	09/11/2016	Dutch	PDF
Full model	31/03/2015	22/09/2015	30/10/2015	Dutch	PDF
Full model	31/03/2014	23/09/2014	23/10/2014	Dutch	PDF
Full model	31/05/2013	28/10/2013	29/11/2013	Dutch	PDF
Full model	31/05/2012	09/11/2012	30/11/2012	Dutch	PDF
Full model	31/05/2011	31/10/2011	05/03/2012	Dutch	PDF
Full model	31/05/2010	25/10/2010	24/11/2010	Dutch	PDF
Abridged model	31/05/2009	26/10/2009	02/12/2009	Dutch	PDF
Abridged model	31/05/2008	27/10/2008	01/12/2008	Dutch	PDF
Abridged model	31/05/2007	29/10/2007	26/02/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 4 active · 36 ended

Active mandates

Antoon Hermans

Director · since 23 septembre 2025 · until 23 septembre 2031

Active

Jozef Colruyt

Director · since 23 septembre 2025 · until 23 septembre 2031

Active

Senne Hermans

Director · since 23 septembre 2025 · until 23 septembre 2031

Active

Willem Colruyt

Director · since 23 septembre 2025 · until 23 septembre 2031

Active

Ended mandates

Senne Hermans

Director · since 25 septembre 2024 · until 23 septembre 2025

Ended

Antoon Hermans

Director · since 24 septembre 2019 · until 23 septembre 2025

Ended

Hilde Cerstelotte

Director · since 24 septembre 2019 · until 25 septembre 2024

Ended

Hilde Cerstelotte

Director · since 24 septembre 2019 · until 23 septembre 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other12/11/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/06/2022
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025215,5 k €↓
2024
Annual accounts 2024251,0 k €↑
2023
Annual accounts 202333,1 k €↑
2022
Annual accounts 2022-5,7 k €↓
2019
Annual accounts 20198,1 k €↑
2018
Annual accounts 2018-1,2 k €↓
2017
Annual accounts 2017723,2 k €↑
2016
Annual accounts 2016667,2 k €↓
2015
Annual accounts 2015724,1 k €↓
2014
Annual accounts 20144,3 M €↑
2013
Annual accounts 20131,2 M €↓
2011
Annual accounts 20111,3 M €↑
2010
Annual accounts 20101,2 M €↑
2009
Annual accounts 2009821,4 k €↓
2008
Annual accounts 20081,0 M €↑
2007
Annual accounts 2007769,0 k €
28/09/1978
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KORYS BUSINESS SERVICES I NV

Overview

What does KORYS BUSINESS SERVICES I NV do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline