KORACHEM
0442.879.432 · rovalta.com · 23/09/2026
ACTIVE
KORACHEM
Financial year 2025 · closed on 31/12/2025
Net result
-223,4 k €
-250.9% YoY
Revenue
18,8 M €
+9.8% YoY
Equity
4,8 M €
-4.4% YoY
Workforce
36,7 ETP
+2.2% YoY
Overview
What does KORACHEM do?
KORACHEM is a Public limited company incorporated in 1990. Its main activity is: Manufacture of other organic basic chemicals. Its registered office is in Wommelgem. It employs on average 36,7 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0442.879.432
Incorporation
31/12/1990
Legal form
Public limited company
Registered office
Gulkenrodestraat 3
2160 Wommelgem · FlandreSee on map
2160 Wommelgem · FlandreSee on map
Contributed capital
5 278 750,00 €
Latest accounts
31/12/2025
Average workforce
36,7 ETP
Activities (NACE)
20140Manufacture of other organic basic chemicals· main20140Manufacture of other organic basic chemicals20160Manufacture of plastics in primary forms20160Manufacture of plastics in primary forms24140Manufacture of basic iron and steel and of ferro-alloys24160Manufacture of basic iron and steel and of ferro-alloys+4
Joint committees (2)
- 116
- 207
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 11 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||
| Revenue | 18,8 M € | +9.8% | 17,1 M € | -6.1% | 18,3 M € | +6.3% | 17,2 M € | +7.4% | 16 M € | +39.1% | 11,5 M € | -4.2% | 12 M € | +11.2% | 10,8 M € | +19.2% | 9,1 M € | +12.2% | 8,1 M € | +4.5% | 7,7 M € |
| EBITDA | 725,9 k € | +1.6% | 714,6 k € | -24.9% | 951,3 k € | +184% | 335 k € | -44.3% | 601,2 k € | -4.7% | 630,8 k € | +154% | 248,7 k € | -37.1% | 395,6 k € | -59.4% | 974,7 k € | -1.6% | 990,1 k € | +15.9% | 854,4 k € |
| Operating result | -106,3 k € | -209% | 97,1 k € | -70.9% | 334,3 k € | +234% | 100 k € | -78.1% | 455,8 k € | +113% | 214,4 k € | +72.7% | 124,2 k € | +35.5% | 91,7 k € | -84.1% | 575,7 k € | +11.7% | 515,6 k € | +48.8% | 346,5 k € |
| Net result | -223,4 k € | -251% | 148,1 k € | +95.3% | 75,8 k € | +2125% | 3,4 k € | -98.7% | 263,9 k € | +145% | 107,5 k € | +390% | 21,9 k € | +584% | 3,2 k € | -68.0% | 10 k € | -10.4% | 11,2 k € | +3.0% | 10,8 k € |
| Balance sheet | |||||||||||||||||||||
| Equity | 4,8 M € | -4.4% | 5,1 M € | +395% | 1 M € | +8.0% | 947,4 k € | +0.4% | 944 k € | +38.8% | 680,1 k € | +18.8% | 572,6 k € | +4.0% | 550,7 k € | +1.4% | 543,4 k € | +1.9% | 533,4 k € | +2.1% | 522,2 k € |
| Total assets | 9,8 M € | -4.0% | 10,2 M € | +29.6% | 7,9 M € | -2.6% | 8,1 M € | +1.2% | 8 M € | +17.3% | 6,8 M € | +18.5% | 5,7 M € | -0.4% | 5,8 M € | +13.2% | 5,1 M € | -4.5% | 5,3 M € | +7.8% | 4,9 M € |
| Cash | 638,2 k € | +35.1% | 472,5 k € | +234% | 141,4 k € | -34.9% | 217,1 k € | +83.7% | 118,1 k € | -80.1% | 593,2 k € | +85.5% | 319,7 k € | -6.4% | 341,8 k € | +70.9% | 200 k € | -4.4% | 209,2 k € | -2.7% | 215,1 k € |
| Debts | 4,7 M € | -1.2% | 4,8 M € | -26.5% | 6,5 M € | -7.7% | 7 M € | +3.0% | 6,8 M € | +16.6% | 5,9 M € | +14.3% | 5,1 M € | -0.9% | 5,2 M € | +13.9% | 4,5 M € | -5.2% | 4,8 M € | +8.4% | 4,4 M € |
| Other | |||||||||||||||||||||
| Workforce | 36,7 ETP | +2.2% | 35,9 ETP | +32.0% | 27,2 ETP | -7.2% | 29,3 ETP | -0.7% | 29,5 ETP | +6.9% | 27,6 ETP | +8.2% | 25,5 ETP | +10.4% | 23,1 ETP | +20.9% | 19,1 ETP | -2.1% | 19,5 ETP | -3.5% | 20,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 13 active · 37 ended
Active mandates
Active
Active
Active
Active
KOEN BUYCK
ActiveKOEN BUYCK
ActiveActive
Active
CHRISTIAN DUMOLIN
ActiveCHRISTIAN DUMOLIN
ActiveActive
Active
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
GROEP RP INDUSTRIES● Active | 0849.738.905 |
RP INFRASTRUCTURE● Active | 0523.952.131 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/08/2026 | 04/08/2025 | 27/06/2024 | 01/09/2023 | 25/07/2022 | 21/10/2021 |
| General meeting | 15/07/2026 | 25/06/2025 | 31/05/2024 | 30/08/2023 | 30/06/2022 | 30/09/2021 |
| 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 |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 15/07/2026 | 31/08/2026 | Dutch | |
| Full model | 31/12/2024 | 25/06/2025 | 04/08/2025 | Dutch | |
| Full model | 31/12/2023 | 31/05/2024 | 27/06/2024 | Dutch | |
| Full model | 31/12/2022 | 30/08/2023 | 01/09/2023 | Dutch | |
| Full model | 31/12/2021 | 30/06/2022 | 25/07/2022 | Dutch | |
| Full model | 31/12/2020 | 30/09/2021 | 21/10/2021 | Dutch | |
| Full model | 31/12/2019 | 30/06/2020 | 28/08/2020 | Dutch | |
| Full model | 31/12/2018 | 30/08/2019 | 30/08/2019 | Dutch | |
| Full model | 31/12/2017 | 11/05/2018 | 27/06/2018 | Dutch | |
| Full model | 31/12/2016 | 12/05/2017 | 14/07/2017 | Dutch | |
| Full model | 31/12/2015 | 27/06/2016 | 26/07/2016 | Dutch | |
| Full model | 31/12/2014 | 05/06/2015 | 16/07/2015 | Dutch | |
| Full model | 31/12/2013 | 30/06/2014 | 17/07/2014 | Dutch | |
| Full model | 31/12/2012 | 07/06/2013 | 12/11/2013 | Dutch | |
| Full model | 31/12/2011 | 11/06/2012 | 22/06/2012 | Dutch | |
| Full model | 31/12/2010 | 30/06/2011 | 31/08/2011 | Dutch | |
| Full model | 31/12/2009 | 09/06/2010 | 08/07/2010 | Dutch | |
| Full model | 31/12/2008 | 29/06/2009 | 07/07/2009 | Dutch | |
| Full model | 31/12/2007 | 20/06/2008 | 10/07/2008 | Dutch | |
| Full model | 31/12/2006 | 29/06/2007 | 06/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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.
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 31/12/2025 · 13 active · 37 ended
Active mandates
Active
Active
Active
Active
KOEN BUYCK
ActiveKOEN BUYCK
ActiveActive
Active
CHRISTIAN DUMOLIN
ActiveCHRISTIAN DUMOLIN
ActiveActive
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates17/03/2026ONTSLAGEN - BENOEMINGEN
- Mandates03/03/2026ONTSLAGEN - BENOEMINGEN
- Mandates10/02/2026ONTSLAGEN - BENOEMINGEN
- Mandates10/11/2025ONTSLAGEN - BENOEMINGEN
- Mandates25/09/2025ONTSLAGEN - BENOEMINGEN
- Mandates07/05/2025ONTSLAGEN - BENOEMINGEN
- Mandates07/01/2025ONTSLAGEN - BENOEMINGEN
- Mandates23/10/2024ONTSLAGEN - BENOEMINGEN
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
- 2025Annual accounts 2025-223,4 k €↓
- 2024Annual accounts 2024148,1 k €↑
- 2024Name changeKORACHEM
- 2023Annual accounts 202375,8 k €↑
- 2022Annual accounts 20223,4 k €↓
- 2021Annual accounts 2021263,9 k €↑
- 2021Name changeKORAMIC ANTWERP CHEMICALS
- 2020Annual accounts 2020107,5 k €↑
- 2019Annual accounts 201921,9 k €↑
- 2018Annual accounts 20183,2 k €↓
- 2016Annual accounts 201610 k €↓
- 2015Annual accounts 201511,2 k €↑
- 2014Annual accounts 201410,8 k €
- 31/12/1990IncorporationPublic limited company