ACTIVE

KORYS

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Financial year 2025 · closed on 31/03/2025

Net result

135,5 M €

+1.9% YoY

Revenue

97,0 k €

0.0% YoY

Equity

2,5 Md €

+4.6% YoY

What does KORYS do?

KORYS is a Public limited company incorporated in 2012. Its main activity is: Activities of holding companies. Its registered office is in Halle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0844.198.918

Incorporation

06/03/2012

Legal form

Public limited company

Registered office

Villalaan 96
1500 Halle · FlandreSee on map

Contributed capital

1 551 414 081,00 €

Latest accounts

31/03/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014
Income statement
Revenue	97,0 k €	0.0%	97,0 k €	+3.2%	94,0 k €	0.0%	94,0 k €	-97.0%	3,1 M €	-2.0%	3,2 M €	+2230%	136,5 k €		–		–		–
EBITDA	-4,9 M €	-244%	-1,4 M €	+5.7%	-1,5 M €	-32.8%	-1,1 M €	-166%	1,7 M €	-26.6%	2,3 M €	+493%	-591,9 k €	+12.3%	-675,1 k €	-113%	-316,9 k €	-38.4%	-229,0 k €
Operating result	-4,9 M €	-242%	-1,4 M €	+5.6%	-1,5 M €	-32.6%	-1,1 M €	-167%	1,7 M €	-26.6%	2,3 M €	+493%	-591,9 k €	+13.8%	-686,4 k €	-117%	-316,9 k €	-38.4%	-229,0 k €
Net result	135,5 M €	+1.9%	132,9 M €	+49.0%	89,2 M €	-10.8%	100,0 M €	-48.6%	194,6 M €	+163%	74,1 M €	-4.5%	77,6 M €	-69.3%	252,3 M €	+13835%	-1,8 M €	-126%	7,1 M €
Balance sheet
Equity	2,5 Md €	+4.6%	2,4 Md €	+3.9%	2,3 Md €	+3.2%	2,3 Md €	+7.0%	2,1 Md €	+9.2%	1,9 Md €	+3.1%	1,9 Md €	+3.4%	1,8 Md €	+13.8%	1,6 Md €	-0.5%	1,6 Md €
Total assets	2,8 Md €	-0.3%	2,8 Md €	+14.1%	2,4 Md €	+4.4%	2,3 Md €	-2.8%	2,4 Md €	-8.2%	2,6 Md €	+12.1%	2,3 Md €	+0.0%	2,3 Md €	+3.1%	2,3 Md €	+38.6%	1,6 Md €
Cash	85,6 M €	+96.5%	43,6 M €	-65.2%	125,2 M €	-21.2%	158,9 M €	+280%	41,8 M €	+114120%	36,6 k €	-94.6%	677,4 k €		–		–		–
Debts	238,1 M €	-34.2%	361,7 M €	+237%	107,5 M €	+40.0%	76,7 M €	-73.9%	293,9 M €	-57.2%	686,2 M €	+48.7%	461,5 M €	-11.6%	522,2 M €	-22.2%	671,6 M €	+1933%	33,0 M €

Estimate

Indicative valuation

As an indication, this company is worth

more than 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 21 ended

Active mandates

34ETAIL

Director · since 28 septembre 2024 · until 25 septembre 2027 · 0791.497.927

Represented by Antoon Hermans

Active

Kriya One

Director · since 09 juillet 2024 · until 25 septembre 2027 · 1010.107.520

Represented by Jozef Colruyt

Active

Willem Colruyt

Director · since 24 septembre 2022 · until 30 septembre 2028

Active

Ended mandates

Antoon Hermans

Director · since 24 septembre 2022 · until 30 septembre 2028

Ended

Jozef Colruyt

Director · since 24 septembre 2022 · until 09 juillet 2024

Ended

Jozef Colruyt

Director · since 24 septembre 2022 · until 30 septembre 2028

Ended

Piet Colruyt

Director · since 24 septembre 2022 · until 31 décembre 2024

Ended

At this address

Other companies at this address

Company	CBE no.
COZIN FAMILY OFFICE● Active	0686.744.360
Eoly Coöperatie● Active	0647.562.496
Hyoffwind Infrastructure● Active	0775.857.171
Korys Business Services III NV● Active	0422.041.357
Korys Business Services II NV● Active	0450.623.396
KORYS BUSINESS SERVICES I NV● Active	0418.759.787
Korys Capital Galateia● Active	1018.078.247
Korys Capital GP● Active	1017.666.392
KORYS INVESTMENTS● Active	0871.963.979
KORYS MANAGEMENT● Active	0885.971.571
KORYS MANAGEMENT INVESTMENTS● Active	0798.820.437
KORYS REAL ESTATE● Active	0885.969.888
KORYS VAT● Active	0712.926.937
OLDA● Active	1018.711.618
Virya Renewables Poland● Active	1031.847.101

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/10/2025	17/10/2024	17/10/2023	14/10/2022	20/10/2021	22/10/2020
General meeting	27/09/2025	28/09/2024	30/09/2023	24/09/2022	25/09/2021	26/09/2020
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

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Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2025	27/09/2025	17/10/2025	Dutch	PDF
Full model	31/03/2024	28/09/2024	17/10/2024	Dutch	PDF
Full model	31/03/2023	30/09/2023	17/10/2023	Dutch	PDF
Full model	31/03/2022	24/09/2022	14/10/2022	Dutch	PDF
Full model	31/03/2021	25/09/2021	20/10/2021	Dutch	PDF
Full model	31/03/2020	26/09/2020	22/10/2020	Dutch	PDF
Full model	31/03/2019	28/09/2019	22/10/2019	Dutch	PDF
Full model	31/03/2018	29/09/2018	11/10/2018	Dutch	PDF
Full model	31/03/2017	30/09/2017	23/10/2017	Dutch	PDF
Full model	31/03/2016	24/09/2016	18/10/2016	Dutch	PDF
Full model	31/03/2015	26/09/2015	03/11/2015	Dutch	PDF
Full model	31/03/2014	27/09/2014	23/10/2014	Dutch	PDF
Full model	31/03/2013	28/09/2013	25/10/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 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 31/03/2025 · 3 active · 21 ended

Active mandates

34ETAIL

Director · since 28 septembre 2024 · until 25 septembre 2027 · 0791.497.927

Represented by Antoon Hermans

Active

Kriya One

Director · since 09 juillet 2024 · until 25 septembre 2027 · 1010.107.520

Represented by Jozef Colruyt

Active

Willem Colruyt

Director · since 24 septembre 2022 · until 30 septembre 2028

Active

Ended mandates

Antoon Hermans

Director · since 24 septembre 2022 · until 30 septembre 2028

Ended

Jozef Colruyt

Director · since 24 septembre 2022 · until 09 juillet 2024

Ended

Jozef Colruyt

Director · since 24 septembre 2022 · until 30 septembre 2028

Ended

Piet Colruyt

Director · since 24 septembre 2022 · until 31 décembre 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares29/05/2026
KAPITAAL - AANDELEN
PDF
Capital / shares23/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Other07/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares11/06/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates16/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other01/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates11/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/08/2024
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

13/02/2026
reduction_capital
07/01/2026
reduction_capital
19/05/2025
reduction_capital
2025
Annual accounts 2025135,5 M €↑
28/09/2024
reconductionVGD BEDRIJFSREVISOREN BV — commissaris
28/09/2024
nomination34etail BV — bestuurder
09/07/2024
nominationPiet Colruyt — bestuurder
09/07/2024
nominationKriya One BV — bestuurder
2024
Annual accounts 2024132,9 M €↑
29/03/2024
reduction_capital
2023
Annual accounts 202389,2 M €↓
15/03/2023
reduction_capital
30/11/2022
reduction_capital
24/09/2022
reconductionJozef Colruyt — bestuurder
24/09/2022
reconductionPiet Colruyt — bestuurder
24/09/2022
reconductionWillem Colruyt — bestuurder
24/09/2022
reconductionAntoon Hermans — bestuurder
2022
Annual accounts 2022100,0 M €↓
29/03/2022
reduction_capital
2019
Annual accounts 2019194,6 M €↑
2018
Annual accounts 201874,1 M €↓
2017
Annual accounts 201777,6 M €↓
2016
Annual accounts 2016252,3 M €↑
2015
Annual accounts 2015-1,8 M €↓
2014
Annual accounts 20147,1 M €
06/03/2012
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KORYS

Overview

What does KORYS do?

Trend over 10 financial years

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