ACTIVE

KORAAL FINANCE

Financial year 2025 · Closed on 31/12/2025

Net result106,8 k €-17,6 %over 1 year
Gross margin254,1 k €+21,7 %over 1 year
Equity1,1 M €+0,6 %over 1 year

Identity

Source · BCE/KBO

KORAAL FINANCE is a Private limited company incorporated in 2014. Its main activity is: Other monetary intermediation. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0550.779.955
Incorporation
14/04/2014
Legal form
Private limited company
Registered office
Veemarkt(Kor) 53 box 2
8500 Kortrijk · FlandreSee on map
Contributed capital
1 004 078,63 €
Latest accounts
31/12/2025
Joint committees (2)
  • 218
  • 341
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20252024202320222021
Income statement
Gross margin254,1 k €208,7 k €219,7 k €172,8 k €198 k €
EBITDA117,8 k €140,1 k €112,6 k €38 k €49,4 k €
Operating result113 k €134,9 k €86,2 k €7,6 k €14 k €
Net result106,8 k €129,5 k €84,4 k €3,4 k €7,3 k €
Balance sheet
Equity1,1 M €1,1 M €1,1 M €1 M €165,6 k €
Total assets1,2 M €1,2 M €1,2 M €1,1 M €206,8 k €
Cash8,3 k €6,7 k €177,5 k €74,7 k €53,2 k €
Debts129,8 k €148,3 k €105,6 k €34,8 k €41,2 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 19 ended

Active mandates

LAVAERT-DELAERE

Director · since 23 août 2018 · 0893.845.991

Represented by Veerle DELAERE

Active
B-MAN

Director · since 04 janvier 2016 · 0550.780.351

Represented by Bart Vanhoutteghem

Active

Ended mandates

Gunther Lavaert

Director · since 23 août 2018

Ended
LAVAERT-DELAERE

Director · since 23 août 2018 · 0893.845.991

Represented by Veerle Delaere

Ended
LAVAERT-DELAERE

Manager · since 23 août 2018 · 0893.845.991

Ended
LAVAERT-DELAERE

Manager · since 23 août 2018 · 0893.845.991

Ended

Other companies at this address

Veemarkt(Kor) 53 8500 Kortrijk
CompanyCBE no.
B-MAN● Active
0550.780.351
0657.821.732
0763.482.050
0726.848.714

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro 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 date14/07/202628/08/202530/08/202418/09/202330/08/202223/03/2021
General meeting26/06/202627/08/202531/07/202431/08/202329/07/202203/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202614/07/2026DutchPDF
Micro model31/12/202427/08/202528/08/2025DutchPDF
Micro model31/12/202331/07/202430/08/2024DutchPDF
Micro model31/12/202231/08/202318/09/2023DutchPDF
Micro model31/12/202129/07/202230/08/2022DutchPDF
Micro model31/12/202003/03/202123/03/2021DutchPDF
Micro model31/12/201908/09/202022/10/2020DutchPDF
Micro model31/12/201829/08/201930/08/2019DutchPDF
Micro model31/12/201702/06/201831/08/2018DutchPDF
Micro model31/12/201627/09/201730/09/2017DutchPDF
Abridged model31/12/201504/06/201631/08/2016DutchPDF
Abridged model31/12/201406/06/201521/08/2015DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 19 ended

Active mandates

LAVAERT-DELAERE

Director · since 23 août 2018 · 0893.845.991

Represented by Veerle DELAERE

Active
B-MAN

Director · since 04 janvier 2016 · 0550.780.351

Represented by Bart Vanhoutteghem

Active

Ended mandates

Gunther Lavaert

Director · since 23 août 2018

Ended
LAVAERT-DELAERE

Director · since 23 août 2018 · 0893.845.991

Represented by Veerle Delaere

Ended
LAVAERT-DELAERE

Manager · since 23 août 2018 · 0893.845.991

Ended
LAVAERT-DELAERE

Manager · since 23 août 2018 · 0893.845.991

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/08/2018
    BENAMING - KAPITAAL - AANDELEN
    PDF
  • Mandates16/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring13/10/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring02/10/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/06/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

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 2025106,8 k €↓
  2. 2024
    Annual accounts 2024129,5 k €↑
  3. 2023
    Annual accounts 202384,4 k €↑
  4. 2022
    Annual accounts 20223,4 k €↓
  5. 2021
    Annual accounts 20217,3 k €↓
  6. 2020
    Annual accounts 202077,9 k €↑
  7. 2019
    Annual accounts 2019-26,7 k €↑
  8. 2018
    Annual accounts 2018-49,1 k €↓
  9. 2017
    Annual accounts 2017-7,8 k €↓
  10. 2016
    Annual accounts 201616,8 k €↑
  11. 2015
    Annual accounts 2015-6,2 k €↓
  12. 2014
    Annual accounts 201498,4 €
  13. 14/04/2014
    IncorporationPrivate limited company