ACTIVE

Koramic Renovation Projects

Financial year 2025 · closed on 31/12/2025
Net result
20,4 k €
+118.4% YoY
Gross margin
-11,9 k €
-421.7% YoY
Equity
614,3 k €
+3.4% YoY

What does Koramic Renovation Projects do?

Koramic Renovation Projects is a Public limited company incorporated in 1990. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.876.264
Incorporation
20/12/1990
Legal form
Public limited company
Registered office
Kapel ter Bede(Kor) 84
8500 Kortrijk · FlandreSee on map
Contributed capital
750 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableGood liquidityPositive cashflow
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-11,9 k €3,7 k €-20,1 k €-85,7 k €-103,6 k €-238,4 k €-106,7 k €-902 €-7,1 k €-156 €-236 €-307 €-305 €-297 €-287 €-278 €-141 €-268 €-133 €-3,1 k €
EBITDA-15,7 k €2,5 k €-114,5 k €-89,7 k €-108 k €-241,7 k €-109,9 k €-4,2 k €-9,2 k €-1,1 k €-1,2 k €-1,3 k €-1,3 k €-1,3 k €-1,2 k €-1,2 k €-1,1 k €-1,2 k €-565 €-4,1 k €
Operating result-15,7 k €2,5 k €-114,5 k €-344,5 k €-357,2 k €-382,9 k €-109,9 k €-4,2 k €-9,2 k €-1,1 k €-1,2 k €-1,3 k €-1,3 k €-1,3 k €-1,2 k €-1,2 k €-1,1 k €-1,2 k €-565 €-4,1 k €
Net result20,4 k €-110,8 k €-130,9 k €-393,8 k €-392,1 k €-403,9 k €-93,2 k €-3,4 k €-7,8 k €3,5 k €944 €1,2 k €-739 €4,5 k €21,6 k €8,5 k €15,2 k €82,5 k €73,9 k €-1,5 M €
Balance sheet
Equity614,3 k €593,9 k €704,6 k €835,5 k €1,2 M €1,6 M €2 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2 M €1,9 M €
Total assets2,7 M €2,9 M €3,1 M €4,1 M €4,4 M €4,5 M €4,6 M €2,3 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2,1 M €2 M €1,9 M €
Cash10,2 k €27 k €2 k €27,2 k €4,6 k €610 €15,2 k €1,2 k €235 €79,5 k €291 €501 €802 €99 €382 €138 €85 €90 €1,3 k €2 k €
Debts2 M €2,3 M €2,4 M €3,3 M €3,1 M €2,9 M €2,6 M €154,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

Carl Van den Eynde

Director · since 24 mars 2026 · until 19 juin 2031

Active
Edge of Change

Director · since 24 mars 2026 · until 19 juin 2031 · 0687.704.462

Represented by Pieter Blondeel

Active
Stéphane Vlaemminck

Director · since 15 juin 2023 · until 24 mars 2026

Active
Christian Dumolin

Director · since 19 décembre 2019 · until 24 mars 2026

Active

Ended mandates

Agolis

Director · since 15 juin 2023 · 0799.345.722

Represented by Stéphane Vlaemminck

Ended
Stéphane Vlaemminck

Director · since 15 juin 2023 · until 20 juin 2030

Ended
Bruno DUMOLIN

Director · since 19 décembre 2019 · until 15 juin 2023

Ended
Christian Dumolin

Director · since 19 décembre 2019 · until 20 juin 2030

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/06/202626/06/202521/06/202416/06/202329/06/202224/06/2021
General meeting18/06/202619/06/202520/06/202415/06/202316/06/202217/06/2021
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 model31/12/202518/06/202630/06/2026DutchPDF
Abridged model31/12/202419/06/202526/06/2025DutchPDF
Abridged model31/12/202320/06/202421/06/2024DutchPDF
Abridged model31/12/202215/06/202316/06/2023DutchPDF
Abridged model31/12/202116/06/202229/06/2022DutchPDF
Abridged model31/12/202017/06/202124/06/2021DutchPDF
Abridged model31/12/201918/06/202022/06/2020DutchPDF
Abridged model31/12/201820/06/201924/06/2019DutchPDF
Abridged model31/12/201721/06/201825/06/2018DutchPDF
Abridged model31/12/201615/06/201730/06/2017DutchPDF
Abridged model31/12/201516/06/201630/06/2016DutchPDF
Abridged model31/12/201418/06/201523/06/2015DutchPDF
Abridged model31/12/201319/06/201426/06/2014DutchPDF
Abridged model31/12/201220/06/201309/07/2013DutchPDF
Abridged model31/12/201121/06/201229/06/2012DutchPDF
Abridged model31/12/201016/06/201124/06/2011DutchPDF
Abridged model31/12/200917/06/201024/06/2010DutchPDF
Abridged model31/12/200818/06/200922/06/2009DutchPDF
Abridged model31/12/200719/06/200810/07/2008DutchPDF
Abridged model31/12/200621/06/200725/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 4 active · 23 ended

Active mandates

Carl Van den Eynde

Director · since 24 mars 2026 · until 19 juin 2031

Active
Edge of Change

Director · since 24 mars 2026 · until 19 juin 2031 · 0687.704.462

Represented by Pieter Blondeel

Active
Stéphane Vlaemminck

Director · since 15 juin 2023 · until 24 mars 2026

Active
Christian Dumolin

Director · since 19 décembre 2019 · until 24 mars 2026

Active

Ended mandates

Agolis

Director · since 15 juin 2023 · 0799.345.722

Represented by Stéphane Vlaemminck

Ended
Stéphane Vlaemminck

Director · since 15 juin 2023 · until 20 juin 2030

Ended
Bruno DUMOLIN

Director · since 19 décembre 2019 · until 15 juin 2023

Ended
Christian Dumolin

Director · since 19 décembre 2019 · until 20 juin 2030

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/04/2026
    BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/01/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates11/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2013
    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 202520,4 k €
  2. 2025
    Name changeKORAMIC RENOVATION PROJECTS
  3. 2024
    Annual accounts 2024-110,8 k €
  4. 2024
    Name changeKORINCO
  5. 2023
    Annual accounts 2023-130,9 k €
  6. 2022
    Annual accounts 2022-393,8 k €
  7. 2021
    Annual accounts 2021-392,1 k €
  8. 2020
    Annual accounts 2020-403,9 k €
  9. 2019
    Annual accounts 2019-93,2 k €
  10. 2018
    Annual accounts 2018-3,4 k €
  11. 2017
    Annual accounts 2017-7,8 k €
  12. 2016
    Annual accounts 20163,5 k €
  13. 2015
    Annual accounts 2015944 €
  14. 2014
    Annual accounts 20141,2 k €
  15. 2013
    Annual accounts 2013-739 €
  16. 2012
    Annual accounts 20124,5 k €
  17. 2011
    Annual accounts 201121,6 k €
  18. 2010
    Annual accounts 20108,5 k €
  19. 2009
    Annual accounts 200915,2 k €
  20. 2008
    Annual accounts 200882,5 k €
  21. 2007
    Annual accounts 200773,9 k €
  22. 2006
    Annual accounts 2006-1,5 M €
  23. 2006
    Name changeKORAMIC INVEST
  24. 20/12/1990
    IncorporationPublic limited company