Active · per the CBE, 9 October 2026

KORAMIC DEVELOPMENT PROJECTS

BE0400281485

Rechtspersoon Public limited company 1 establishment

KORAMIC DEVELOPMENT PROJECTS is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 17 March 1960, 1 establishment.

Kapel ter Bede(Kor) 84, 8500 Kortrijk

Active for

66 year, 6 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.

  • Busy address KBO

    25 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

KORAMIC DEVELOPMENT PROJECTS from Kortrijk, company number BE0400281485, closed financial year 2025 with a result of € -4.6 million after tax. For that financial year KORAMIC DEVELOPMENT PROJECTS recorded revenue of € 24.1 million and equity of € 25.4 million. Compared with financial year 2024, the result moved from € 226,726 to € -4.6 million. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.

What it is worth Growing

€ 25.4 million

▲ € 25.4 million vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -4.6 million

▼ still € 226,726 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.2 million

▲ 6% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -30.5 million.

Debts at end 2025

Bank debt ≈ 6 years to go

€ 4.5 million

▼ 82% vs 2024

€ 791,808 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 6.6 million

▲ 46% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 96 days on average.

Taxes and wages

€ 244,040

▼ 40% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 8,921,165 € 10,535,360 € 15,710,188 € 24,082,175 ▲ 53%
Profit after taxes € -1,327,296 € -586,247 € 226,726 € -4,619,911 ▼ € 4.8 million
Equity € 368,388 € -217,859 € 8,867 € 25,388,956 ▲ € 25.4 million
Total debts € 13,179,500 € 23,194,612 € 30,526,969 € 11,427,583 ▼ 63%
Cash € 3,084,249 € 3,345,176 € 2,056,759 € 2,173,853 ▲ 6%
Retained profit € -29,473,020 € -30,059,267 € -29,832,541 € -30,452,452 ▼ € 619,911
Bank debt € 9,047,011 € 16,415,449 € 25,573,761 € 4,549,134 ▼ 82%
Balance sheet total € 13,547,887 € 22,976,753 € 30,663,436 € 36,824,539 ▲ 20%

Key figures of KORAMIC DEVELOPMENT PROJECTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to KORAMIC DEVELOPMENT PROJECTS?

What happened at KORAMIC DEVELOPMENT PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Patrios BV stepped down as director. NBB
  • Koramic Real Estate NV stepped down as director. NBB
  • Edge of change BV stepped down as director. NBB
  • Christian Lecluyse stepped down as director. NBB
  • Carl Van den Eynde stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 4.6 million (▼ € 4.8 million vs 2024). Source: NBB ↗
  • Patrios BV became a director. NBB
  • Koramic Real Estate NV became a director. NBB

In short

From € 1.3 million loss in 2022 to € 4.6 million loss in 2025.

Paid € 1,874 in corporate taxes since 2022.

Best year ever: 2024, with € 226,726 profit.

Pays suppliers within 96 days on average.

Management

The stake of Koramic Real Estate comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

KORAMIC DEVELOPMENT PROJECTS

The shares are held by Koramic Real Estate (100%). It owns 100% of CHETOX ONE itself.

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Directors

According to the 2025 annual accounts

Christian Lecluyse

Director

Also active at: Xpo Group

since 2024 · until 2027

Patrios BV

Director · represented by Peter Artois

Also active at: Koramic Real Estate

since 2025 · until 2031

Koramic Real Estate NV

Director · represented by Christian Dumolin

since 2025 · until 2031

Christian Dumolin

Director, Chairman of the board, Managing director

Also active at: TrustCapital, KORAMIC REAL ESTATE INVESTMENT, Hallex, KORAMIC INVESTMENTS, CREASET, PATRIMCOUR, LESSIUS, Koramic Capital +21 more

since 2021 · until 2025

Carl Van den Eynde

Managing director, Chairman of the board, Director

since 2024 · until 2027

since 2025 · until 2031

Shareholders

Participations

Establishments

Establishment units

Physical locations of this company

Registered office

Kapel ter Bede(Kor) 84

8500 Kortrijk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0400.281.485
VAT number
BE 0400.281.485
Registered office
Kapel ter Bede(Kor) 84, 8500 Kortrijk
Names & denominations
KORAMIC DEVELOPMENT PROJECTS · KODEV
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
17 March 1960
Peppol
Active · Active since 15 Dec 2025
Activities · NACE

Handel in eigen onroerend goed

Activiteiten van holdings

Ontwikkeling van niet-residentiële bouwprojecten

Ontwikkeling van residentiële bouwprojecten

Holdings

Frequently asked questions

What does KORAMIC DEVELOPMENT PROJECTS do?
KORAMIC DEVELOPMENT PROJECTS is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 17 March 1960, 1 establishment.
What is the address of KORAMIC DEVELOPMENT PROJECTS?
The registered office of KORAMIC DEVELOPMENT PROJECTS is located at Kapel ter Bede(Kor) 84, 8500 Kortrijk.
Is KORAMIC DEVELOPMENT PROJECTS still active?
Yes. According to the CBE (9 October 2026) KORAMIC DEVELOPMENT PROJECTS is active, legal situation “Normale toestand”, started on 17 March 1960.
Is KORAMIC DEVELOPMENT PROJECTS registered on Peppol?
Yes, KORAMIC DEVELOPMENT PROJECTS is registered on the Peppol network with ID 0208:0400281485.
What is the enterprise number of KORAMIC DEVELOPMENT PROJECTS?
The enterprise number of KORAMIC DEVELOPMENT PROJECTS is BE0400281485.
When was KORAMIC DEVELOPMENT PROJECTS founded?
KORAMIC DEVELOPMENT PROJECTS was founded on 17 March 1960.