ACTIVE

KORLAM

Financial year 2025 · closed on 31/12/2025
Net result
212,7 k €
+11954.0% YoY
Gross margin
699,6 k €
+40101.5% YoY
Equity
1,8 M €
+29361.2% YoY
Workforce
9,6 ETP

What does KORLAM do?

KORLAM is a Private limited company incorporated in 1990. Its main activity is: Manufacture of veneer sheets and wood-based panels. Its registered office is in Moorslede. It employs on average 9,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.383.553
Incorporation
06/09/1990
Legal form
Private limited company
Registered office
Breulstraat 111
8890 Moorslede · FlandreSee on map
Contributed capital
1 575 000,00 €
Latest accounts
31/12/2025
Average workforce
9,6 ETP
Joint committees (2)
  • 126
  • 1260020
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin699,6 k €-1,7 k €-2,1 k €-4,6 k €-3,6 k €-2,5 k €-7,8 k €-1,5 k €-3,7 k €-484 €937,6 €1,1 k €856,4 €1,1 k €-504,7 €727,5 €-1,3 k €-2,6 k €
EBITDA188,1 k €-1,7 k €-2,2 k €-4,7 k €-4,1 k €-2,6 k €-9,3 k €-1,6 k €-3,8 k €-994,2 €678,3 €981,8 €763,4 €1,1 k €-593,7 €640,5 €-1,5 k €-2,9 k €
Operating result-173,4 k €-1,7 k €-2,2 k €-4,7 k €-4,1 k €-2,6 k €-9,3 k €-1,6 k €-3,8 k €-994,2 €678,3 €981,8 €763,4 €1,1 k €-593,7 €640,5 €-1,5 k €-4,4 k €
Net result212,7 k €-1,8 k €-2,3 k €-4,7 k €-4 k €-2 k €-8,3 k €-286,6 €-1,9 k €444,9 €1,6 k €647,1 €953,9 €734,8 €450,9 €924 €241,9 €-15,5 k €-4,3 k €
Balance sheet
Equity1,8 M €-6,1 k €-4,3 k €-2 k €2,7 k €7,1 k €9,1 k €17,4 k €17,7 k €19,6 k €19,1 k €17,6 k €16,9 k €16 k €15,2 k €14,8 k €13,8 k €13,6 k €29,1 k €
Total assets6,4 M €5,2 €5,5 €94,3 €5 k €8,5 k €13,6 k €24,4 k €28 k €19,6 k €19,1 k €17,6 k €16,9 k €16 k €15,6 k €15,8 k €14,2 k €13,6 k €29,1 k €
Cash383,9 k €5,2 €5,5 €7,9 €422,8 €872,9 €1,4 k €7,5 k €1,7 k €25,9 €381,6 €381,6 €33,5 €11,7 €6,5 €12,5 €5,7 k €
Debts4,3 M €6,1 k €4,3 k €2,1 k €2,3 k €1,4 k €4,6 k €7 k €10,4 k €371,1 €1 k €378,9 €
Other
Workforce9,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

VT-INDUSTRIAL

Director · since 04 août 2025 · 1003.750.159

Represented by Windels Christophe

Active
VT-INVEST

Director · since 04 août 2025 · 0883.073.845

Represented by Van Tornhaut Dirk

Active

Ended mandates

WILFRIED KUHNE

Manager · since 22 avril 1993

Ended
Wilfried KUHNE

Manager

Ended
Wilfried Kühne

Director

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro 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 date30/06/202609/07/202518/07/202413/07/202328/06/202216/08/2021
General meeting26/06/202627/06/202528/06/202423/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202630/06/2026DutchPDF
Micro model31/12/202427/06/202509/07/2025DutchPDF
Micro model31/12/202328/06/202418/07/2024DutchPDF
Micro model31/12/202223/06/202313/07/2023DutchPDF
Micro model31/12/202124/06/202228/06/2022DutchPDF
Micro model31/12/202025/06/202116/08/2021DutchPDF
Micro model31/12/201926/06/202031/07/2020DutchPDF
Micro model31/12/201828/06/201926/08/2019DutchPDF
Micro model31/12/201722/06/201830/08/2018DutchPDF
Micro model31/12/201623/06/201728/08/2017DutchPDF
Abridged model31/12/201524/06/201624/08/2016DutchPDF
Abridged model31/12/201426/06/201526/08/2015DutchPDF
Abridged model31/12/201327/06/201430/06/2014DutchPDF
Abridged model31/12/201228/06/201328/06/2013DutchPDF
Abridged model31/12/201129/06/201212/07/2012DutchPDF
Abridged model31/12/201024/06/201127/06/2011DutchPDF
Abridged model31/12/200925/06/201029/06/2010DutchPDF
Abridged model31/12/200826/06/200929/06/2009DutchPDF
Abridged model31/12/200727/06/200828/06/2008DutchPDF
Abridged model31/12/200629/06/200729/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 31/12/2025 · 2 active · 3 ended

Active mandates

VT-INDUSTRIAL

Director · since 04 août 2025 · 1003.750.159

Represented by Windels Christophe

Active
VT-INVEST

Director · since 04 août 2025 · 0883.073.845

Represented by Van Tornhaut Dirk

Active

Ended mandates

WILFRIED KUHNE

Manager · since 22 avril 1993

Ended
Wilfried KUHNE

Manager

Ended
Wilfried Kühne

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/02/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other30/09/2025
    DIVERSEN
    PDF
  • Registered office12/09/2025
    BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring18/08/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates18/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/06/2016
    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

Timeline

  1. 2025
    Annual accounts 2025212,7 k €
  2. 2025
    Name changeKorlam
  3. 2024
    Annual accounts 2024-1,8 k €
  4. 2023
    Annual accounts 2023-2,3 k €
  5. 2022
    Annual accounts 2022-4,7 k €
  6. 2021
    Annual accounts 2021-4 k €
  7. 2019
    Annual accounts 2019-2 k €
  8. 2018
    Annual accounts 2018-8,3 k €
  9. 2017
    Annual accounts 2017-286,6 €
  10. 2016
    Annual accounts 2016-1,9 k €
  11. 2015
    Annual accounts 2015444,9 €
  12. 2014
    Annual accounts 20141,6 k €
  13. 2013
    Annual accounts 2013647,1 €
  14. 2012
    Annual accounts 2012953,9 €
  15. 2011
    Annual accounts 2011734,8 €
  16. 2010
    Annual accounts 2010450,9 €
  17. 2009
    Annual accounts 2009924 €
  18. 2008
    Annual accounts 2008241,9 €
  19. 2007
    Annual accounts 2007-15,5 k €
  20. 2006
    Annual accounts 2006-4,3 k €
  21. 2006
    Name changeHermoso
  22. 06/09/1990
    IncorporationPrivate limited company