ACTIVE

Koramic Finance Company

Financial year 2025 · Closed on 31/12/2025

Net result1,7 M €-94,6 %over 1 year

Equity55,2 M €-13,0 %over 1 year

Identity

Source · BCE/KBO

Koramic Finance Company is a Public limited company incorporated in 1991. Its main activity is: Activities of holding companies. Its registered office is in Kortrijk.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0444.646.614
Incorporation: 05/07/1991
Legal form: Public limited company
Registered office: Kapel ter Bede(Kor) 84
8500 Kortrijk · FlandreSee on map
Contributed capital: 26 459 298,00 €
Latest accounts: 31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Signals

ProfitableLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	–		–		–		–		–
EBITDA	-649,7 k €	-0.0%	-649,5 k €	-16.4%	-557,7 k €	-18.0%	-472,7 k €	-28.2%	-368,6 k €
Operating result	-649,7 k €	-0.0%	-649,5 k €	-16.4%	-557,7 k €	-18.0%	-472,7 k €	-28.2%	-368,6 k €
Net result	1,7 M €	-94.6%	31,7 M €	+1858%	-1,8 M €	+75.6%	-7,4 M €	-14160%	-51,8 k €
Balance sheet
Equity	55,2 M €	-13.0%	63,4 M €	+100%	31,7 M €	-5.4%	33,5 M €	-18.1%	40,9 M €
Total assets	202,1 M €	-0.7%	203,4 M €	+20.0%	169,6 M €	+4.7%	162 M €	-2.8%	166,8 M €
Cash	3,4 M €	+157%	1,3 M €	-41.4%	2,3 M €	-22.9%	2,9 M €	-5.8%	3,1 M €
Debts	146,6 M €	+5.1%	139,5 M €	+1.5%	137,4 M €	+7.1%	128,3 M €	+2.0%	125,8 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 25 ended

Active mandates

Linden Investment Partners

Managing director · since 24 mai 2023 · until 08 juin 2028 · 0797.438.285

Represented by Wouter Vanderhaeghen

Active

Agolis

Director · since 19 avril 2023 · until 08 juin 2028 · 0799.345.722

Represented by Stéphane Vlaemminck

Active

Linden Investment Partners

Director · since 19 avril 2023 · until 08 juin 2028 · 0797.438.285

Represented by Wouter Vanderhaeghen

Active

MARC MEURANT

Director · since 19 avril 2023 · until 08 juin 2028

Active

Rudi Deruyter

Director · since 19 avril 2023 · until 08 juin 2028

Active

Christian Dumolin

Managing director · since 11 juin 2009 · until 10 juin 2027

Active

Christian Dumolin

Chairman of the board of directors · since 10 octobre 1997 · until 10 juin 2027

Active

Christian Dumolin

Director · since 10 octobre 1997 · until 10 juin 2027

Active

Ended mandates

Linden Investment Partners

Managing director · since 24 mai 2023 · until 08 juin 2028 · 0797.438.285

Represented by Wouter Vanderhaeghen

Ended

Agolis

Director · since 19 avril 2023 · until 08 juin 2028 · 0799.345.722

Represented by Stéphane Vlaemminck

Ended

Linden Investment Partners

Director · since 19 avril 2023 · until 08 juin 2028 · 0797.438.285

Represented by Wouter Vanderhaeghen

Ended

Linden Investment Partners

Director · since 19 avril 2023 · until 08 juin 2028 · 0797.438.285

Represented by Wouter Vanderhaeghen

Ended

Other companies at this address

Kapel ter Bede(Kor) 84 8500 Kortrijk

Company	CBE no.
Assemblics International● Active	0453.180.634
AXXES MERELBEKE● Active	0877.961.252
BEDRIJVENCENTRUM MALLE● Active	0441.897.653
BEVIZION● Active	0889.083.687
C-Buildings● Active	0464.205.376
CHETOX ONE● Active	0784.926.275
DeliBarn Immo● Active	0413.756.072
ERIKOR● Active	0840.361.181
FONCIERE CHOCOLATERIE● Active	0821.770.835
IMMO WANSART● Active	0724.839.626
INVESTCO● Active	0892.820.761
Koramic Capital● Active	0438.220.264
Koramic Chemicals● Active	0453.083.337
KORAMIC CHOCOLATERIE● Active	0821.771.033
KORAMIC DEVELOPMENT PROJECTS● Active	0400.281.485
KORAMIC INVESTMENTS● Active	0405.371.512
Koramic Real Estate● Active	0403.271.857
Koramic Renovation Projects● Active	0442.876.264
KORAMIC SOLAR● Active	0831.186.169
LADIES INVESTMENT COMPANY● Active	0446.454.871

Full financial information

Source · NBB

	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	30/06/2026	25/06/2025	18/06/2024	26/06/2023	29/06/2022	23/06/2021
General meeting	11/06/2026	12/06/2025	13/06/2024	08/06/2023	09/06/2022	10/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	11/06/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	12/06/2025	25/06/2025	Dutch	PDF
Full model	31/12/2023	13/06/2024	18/06/2024	Dutch	PDF
Full model	31/12/2022	08/06/2023	26/06/2023	Dutch	PDF
Full model	31/12/2021	09/06/2022	29/06/2022	Dutch	PDF
Full model	31/12/2020	10/06/2021	23/06/2021	Dutch	PDF
Full modelCorrection	31/12/2019	11/06/2020	28/08/2020	Dutch	PDF
Full model	31/12/2019	11/06/2020	22/06/2020	Dutch	PDF
Full model	31/12/2018	13/06/2019	17/06/2019	Dutch	PDF
Full model	31/12/2017	14/06/2018	27/06/2018	Dutch	PDF
Abridged model	31/12/2016	08/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	09/06/2016	30/06/2016	Dutch	PDF
Full model	31/12/2014	11/06/2015	23/06/2015	Dutch	PDF
Full model	31/12/2013	12/06/2014	27/06/2014	Dutch	PDF
Full model	31/12/2012	13/06/2013	09/07/2013	Dutch	PDF
Full model	31/12/2011	14/06/2012	29/06/2012	Dutch	PDF
Full model	31/12/2010	09/06/2011	27/06/2011	Dutch	PDF
Full model	31/12/2009	10/06/2010	14/06/2010	Dutch	PDF
Full model	31/12/2008	11/06/2009	29/06/2009	Dutch	PDF
Full model	31/12/2007	12/06/2008	04/07/2008	Dutch	PDF
Full model	31/12/2006	14/06/2007	25/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 25 ended

Active mandates

Linden Investment Partners

Managing director · since 24 mai 2023 · until 08 juin 2028 · 0797.438.285

Represented by Wouter Vanderhaeghen

Active

Agolis

Director · since 19 avril 2023 · until 08 juin 2028 · 0799.345.722

Represented by Stéphane Vlaemminck

Active

Linden Investment Partners

Director · since 19 avril 2023 · until 08 juin 2028 · 0797.438.285

Represented by Wouter Vanderhaeghen

Active

MARC MEURANT

Director · since 19 avril 2023 · until 08 juin 2028

Active

Rudi Deruyter

Director · since 19 avril 2023 · until 08 juin 2028

Active

Christian Dumolin

Managing director · since 11 juin 2009 · until 10 juin 2027

Active

Christian Dumolin

Chairman of the board of directors · since 10 octobre 1997 · until 10 juin 2027

Active

Christian Dumolin

Director · since 10 octobre 1997 · until 10 juin 2027

Active

Ended mandates

Linden Investment Partners

Managing director · since 24 mai 2023 · until 08 juin 2028 · 0797.438.285

Represented by Wouter Vanderhaeghen

Ended

Agolis

Director · since 19 avril 2023 · until 08 juin 2028 · 0799.345.722

Represented by Stéphane Vlaemminck

Ended

Linden Investment Partners

Director · since 19 avril 2023 · until 08 juin 2028 · 0797.438.285

Represented by Wouter Vanderhaeghen

Ended

Linden Investment Partners

Director · since 19 avril 2023 · until 08 juin 2028 · 0797.438.285

Represented by Wouter Vanderhaeghen

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/08/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/01/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/01/2021
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 20251,7 M €↓
2024
Annual accounts 202431,7 M €↑
13/06/2024
nominationBoes Joseph-Michel Bedrijfsrevisor BV — commissaris
2023
Annual accounts 2023-1,8 M €↑
24/05/2023
nominationLinden Investment Partners BV — Gedelegeerd Bestuurder
19/04/2023
nominationMarc Meurant — bestuurder
19/04/2023
nominationRudi Deruytter — bestuurder
19/04/2023
nominationLinden Investment Partners BV — bestuurder
19/04/2023
nominationAgolis BV — bestuurder
2022
Annual accounts 2022-7,4 M €↓
2021
Annual accounts 2021-51,8 k €↓
10/06/2021
reconductionChristian Dumolin — bestuurder
10/06/2021
reconductionJoseph-Michel Boes — Commissaris
2020
Annual accounts 2020320,3 k €↓
2019
Annual accounts 20197,9 M €↑
2018
Annual accounts 2018-17 M €↓
2017
Annual accounts 2017-277,7 k €↓
2017
Name changeKORAMIC FINANCE COMPANY
2016
Annual accounts 2016-74 k €↑
2015
Annual accounts 2015-79,1 k €↓
2014
Annual accounts 201410,6 M €↑
2013
Annual accounts 20139,7 k €↑
2012
Annual accounts 2012-69,5 k €↓
2011
Annual accounts 2011309 k €↑
2010
Annual accounts 2010213,7 k €↑
2009
Annual accounts 2009-298,9 k €↑
2008
Annual accounts 2008-913,8 k €↓
2007
Annual accounts 2007-811,2 k €↓
2006
Annual accounts 2006-653,6 k €
2006
Name changeKOVANCO
05/07/1991
IncorporationPublic limited company

Koramic Finance Company

Overview

Identity

Financials

Valuation

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

Timeline