Korazon
0440.183.822 · rovalta.com · 22/09/2026
ACTIVE
Korazon
Financial year 2026 · closed on 31/03/2026
Net result
-24 k €
+80.0% YoY
Revenue
972,2 k €
+1.4% YoY
Equity
175,5 k €
-12.0% YoY
Workforce
6,5 ETP
-9.7% YoY
Overview
What does Korazon do?
Korazon is a Private limited company incorporated in 1990. Its main activity is: Computer programming activities. Its registered office is in Roeselare. It employs on average 6,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0440.183.822
Incorporation
13/03/1990
Legal form
Private limited company
Registered office
Izegemsestraat 60a
8800 Roeselare · FlandreSee on map
8800 Roeselare · FlandreSee on map
Contributed capital
18 592,00 €
Latest accounts
31/03/2026
Average workforce
6,5 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities72220Research and experimental development on social sciences and humanities93053Sports activities and amusement and recreation activities96099Other personal service activities n.e.c.96999Other personal service activities
Contacts
5 public details availableLog in to view
Signals
Solid equityLow riskGood liquidityHealthy social debts
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 20 financial years
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Revenue | 972,2 k € | +1.4% | 958,5 k € | -7.4% | 1 M € | +11.6% | 927,9 k € | -7.1% | 999,2 k € | -14.9% | 1,2 M € | +2.6% | 1,1 M € | +17.8% | 971,6 k € | -11.8% | 1,1 M € | +1.4% | 1,1 M € | +5.9% | 1 M € | +7.3% | 955,4 k € | +7.6% | 887,8 k € | +0.8% | 880,6 k € | +20.5% | 730,6 k € | +4.8% | 697 k € | +12.4% | 620,1 k € | -0.6% | 624,1 k € | +19.3% | 523,1 k € | +10.4% | 474 k € |
| EBITDA | -8,4 k € | +92.0% | -105,1 k € | -355% | 41,3 k € | +187% | -47,4 k € | -57.3% | -30,1 k € | -123% | 128,5 k € | +53.7% | 83,6 k € | +53.2% | 54,6 k € | +265% | 14,9 k € | -85.8% | 105,1 k € | -9.6% | 116,2 k € | -26.9% | 159 k € | +61.1% | 98,7 k € | +111% | 46,8 k € | +60.8% | 29,1 k € | -55.3% | 65,1 k € | +98.3% | 32,8 k € | -57.0% | 76,3 k € | +33.8% | 57 k € | +18.9% | 48 k € |
| Operating result | -23,2 k € | +80.6% | -119,4 k € | -530% | 27,8 k € | +139% | -71,5 k € | -30.5% | -54,7 k € | -151% | 106,9 k € | +93.0% | 55,4 k € | +245% | 16 k € | +240% | -11,5 k € | -116% | 70,8 k € | -31.9% | 103,9 k € | -26.7% | 141,8 k € | +75.1% | 81 k € | +191% | 27,9 k € | +122% | 12,6 k € | -71.6% | 44,3 k € | +227% | 13,5 k € | -75.8% | 55,9 k € | +77.2% | 31,6 k € | +68.5% | 18,7 k € |
| Net result | -24 k € | +80.0% | -119,9 k € | -543% | 27,1 k € | +137% | -73 k € | -30.2% | -56,1 k € | -171% | 78,8 k € | +104% | 38,6 k € | +531% | 6,1 k € | +143% | -14,4 k € | -136% | 39,9 k € | -35.9% | 62,2 k € | -29.5% | 88,2 k € | +103% | 43,4 k € | +196% | 14,7 k € | +162% | 5,6 k € | -79.2% | 26,9 k € | +959% | 2,5 k € | -92.4% | 33,3 k € | +113% | 15,7 k € | +124% | 7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 175,5 k € | -12.0% | 199,4 k € | -37.6% | 319,3 k € | +9.3% | 292,2 k € | -20.0% | 365,2 k € | -13.3% | 421,3 k € | +20.4% | 350 k € | +9.7% | 318,9 k € | +2.0% | 312,8 k € | -4.4% | 327,2 k € | +9.8% | 298 k € | +21.1% | 246,1 k € | +46.6% | 167,8 k € | +24.9% | 134,4 k € | +12.2% | 119,7 k € | +4.9% | 114,2 k € | +30.9% | 87,2 k € | +3.0% | 84,7 k € | +64.9% | 51,4 k € | +43.8% | 35,7 k € |
| Total assets | 321,1 k € | -12.2% | 365,9 k € | -22.6% | 472,5 k € | +11.6% | 423,5 k € | -12.6% | 484,4 k € | -20.0% | 605,9 k € | +12.2% | 539,8 k € | +12.2% | 481,3 k € | -1.8% | 490,1 k € | -11.3% | 552,7 k € | +12.2% | 492,6 k € | +13.9% | 432,7 k € | +20.8% | 358,1 k € | +7.5% | 333 k € | +21.8% | 273,3 k € | +6.3% | 257,1 k € | +27.6% | 201,5 k € | -23.8% | 264,6 k € | +36.5% | 193,8 k € | +4.1% | 186,1 k € |
| Cash | 93,6 k € | -29.6% | 133 k € | -29.8% | 189,5 k € | +4.7% | 180,9 k € | -17.0% | 217,9 k € | -27.1% | 299 k € | +61.7% | 184,9 k € | +91.1% | 96,8 k € | -30.0% | 138,3 k € | -25.8% | 186,5 k € | -7.9% | 202,5 k € | -0.2% | 202,9 k € | +91.5% | 105,9 k € | +26.9% | 83,5 k € | -9.5% | 92,2 k € | +13.2% | 81,5 k € | +268% | 22,1 k € | +58.3% | 14 k € | +2246% | 596 € | -5.2% | 629 € |
| Debts | 145,4 k € | -12.6% | 166,5 k € | +8.7% | 153,2 k € | +16.7% | 131,2 k € | +10.1% | 119,2 k € | -35.4% | 184,6 k € | -2.8% | 189,9 k € | +23.1% | 154,3 k € | -7.6% | 167 k € | -20.2% | 209,2 k € | +18.5% | 176,6 k € | -0.3% | 177,1 k € | -2.0% | 180,8 k € | +3.1% | 175,3 k € | +23.5% | 141,9 k € | +7.2% | 132,3 k € | +20.9% | 109,4 k € | -34.6% | 167,2 k € | +19.1% | 140,3 k € | -5.7% | 148,7 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 6,5 ETP | -9.7% | 7,2 ETP | +4.3% | 6,9 ETP | -8.0% | 7,5 ETP | -12.8% | 8,6 ETP | -7.5% | 9,3 ETP | -10.6% | 10,4 ETP | +5.1% | 9,9 ETP | -10.0% | 11,0 ETP | +14.6% | 9,6 ETP | +4.3% | 9,2 ETP | +8.2% | 8,5 ETP | +2.4% | 8,3 ETP | +7.8% | 7,7 ETP | +5.5% | 7,3 ETP | +49.0% | 4,9 ETP | -7.5% | 5,3 ETP | -5.4% | 5,6 ETP | +12.0% | 5,0 ETP | +8.7% | 4,6 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2026 · 2 active · 11 ended
Financials
Annual accounts
Full financial information
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/04/2025 | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 |
| Closing of the financial year | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 11/09/2026 | 29/10/2025 | 09/10/2024 | 31/10/2023 | 26/09/2022 | 24/09/2021 |
| General meeting | 10/09/2026 | 18/09/2025 | 19/09/2024 | 21/09/2023 | 22/09/2022 | 23/09/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/03/2026 | 10/09/2026 | 11/09/2026 | Dutch | |
| Abridged model | 31/03/2025 | 18/09/2025 | 29/10/2025 | Dutch | |
| Abridged model | 31/03/2024 | 19/09/2024 | 09/10/2024 | Dutch | |
| Abridged model | 31/03/2023 | 21/09/2023 | 31/10/2023 | Dutch | |
| Abridged model | 31/03/2022 | 22/09/2022 | 26/09/2022 | Dutch | |
| Abridged model | 31/03/2021 | 23/09/2021 | 24/09/2021 | Dutch | |
| Abridged model | 31/03/2020 | 29/09/2020 | 30/09/2020 | Dutch | |
| Abridged model | 31/03/2019 | 26/09/2019 | 09/10/2019 | Dutch | |
| Abridged model | 31/03/2018 | 11/09/2018 | 21/09/2018 | Dutch | |
| Abridged model | 31/03/2017 | 19/09/2017 | 20/09/2017 | Dutch | |
| Abridged model | 31/03/2016 | 29/09/2016 | 30/09/2016 | Dutch | |
| Abridged model | 31/03/2015 | 15/09/2015 | 16/09/2015 | Dutch | |
| Abridged model | 31/03/2014 | 25/09/2014 | 26/09/2014 | Dutch | |
| Abridged model | 31/03/2013 | 10/09/2013 | 27/09/2013 | Dutch | |
| Abridged model | 31/03/2012 | 10/09/2012 | 25/09/2012 | Dutch | |
| Abridged model | 31/03/2011 | 10/09/2011 | 14/09/2011 | Dutch | |
| Abridged model | 31/03/2010 | 10/09/2010 | 05/10/2010 | Dutch | |
| Abridged model | 31/03/2009 | 10/09/2009 | 29/09/2009 | Dutch | |
| Abridged model | 31/03/2008 | 15/09/2008 | 17/10/2008 | Dutch | |
| Abridged model | 31/03/2007 | 10/09/2007 | 09/10/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/03/2026 · 2 active · 11 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2026Annual accounts 2026-24 k €↑
- 2025Annual accounts 2025-119,9 k €↓
- 2024Annual accounts 202427,1 k €↑
- 2024Name changeKorazon
- 2023Annual accounts 2023-73 k €↓
- 2022Annual accounts 2022-56,1 k €↓
- 2022Name changeTALES SYSTEMS
- 2021Annual accounts 202178,8 k €↑
- 2020Annual accounts 202038,6 k €↑
- 2019Annual accounts 20196,1 k €↑
- 2018Annual accounts 2018-14,4 k €↓
- 2017Annual accounts 201739,9 k €↓
- 2016Annual accounts 201662,2 k €↓
- 2015Annual accounts 201588,2 k €↑
- 2014Annual accounts 201443,4 k €↑
- 2013Annual accounts 201314,7 k €↑
- 2012Annual accounts 20125,6 k €↓
- 2011Annual accounts 201126,9 k €↑
- 2010Annual accounts 20102,5 k €↓
- 2009Annual accounts 200933,3 k €↑
- 2008Annual accounts 200815,7 k €↑
- 2007Annual accounts 20077 k €
- 13/03/1990IncorporationPrivate limited company