Financials
Financial year 2025
Gross margin
€ 2.6 million
▲ 8% vs 2024
Profit
Healthy€ 707,759
▼ 1% vs 2024
Debts
Low€ 501,993
▲ 4% vs 2024
KORELEC from Kuurne, company number BE0422651269, closed financial year 2025 with a result of € 707,759 after tax. For that financial year KORELEC recorded a gross margin of € 2.6 million and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 716,109 to € 707,759. The company is profitable. 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 July 27, 2026.
What happened at KORELEC?
What happened at KORELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 707,759 (▼ 1% vs 2024). Source: NBB ↗
- PIETER WILLEQUET BV became a director. NBB
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 551,567 profit in 2021 to € 707,759 profit in 2025.
Paid € 802,434 in corporate taxes since 2021.
Best year ever: 2024, with € 716,109 profit.
On average € 156,000 of value added per employee in 2025.
A new publication or filing at KORELEC? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
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Alerts
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Management
Directors
According to the 2025 annual accounts
Director · represented by Willequet Pieter
since 2012
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 153
8520 Kuurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
korelec.com
Registered
1999-11-09
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-11-09
Website info
Features
Security
Details
- Company number
- 0422.651.269
- VAT number
- BE 0422.651.269
- Registered office
- Brugsesteenweg 153, 8520 Kuurne
- Names & denominations
- KORELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 1982
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- korelec.com
- Activities · NACE
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