Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
Financials
Financial year 2026
Korazon from Roeselare, company number BE0440183822, closed financial year 2026 with a result of € -23,950 after tax. For that financial year Korazon recorded revenue of € 972,203 and equity of € 175,464. Compared with financial year 2025, the result moved from € -119,905 to € -23,950. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 11, 2026.
€ 175,464
▼ 12% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,950
▲ 80 % less loss than in 2025
Profit after tax over the fiscal year.
€ 93,613
▼ 30% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 156,872.
People and assets in 2026
6.5
▼ 0.7 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 557,827
▼ 5% vs 2025
€ 85,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,193
▼ 37% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 25,566
▼ 11% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 119,854
▼ 13% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 927,873 | € 1,035,289 | € 958,545 | € 972,203 | ▲ 1% |
| Gross margin | € 486,569 | € 596,692 | € 501,835 | € 563,447 | ▲ 12% |
| Profit after taxes | € -73,014 | € 27,086 | € -119,905 | € -23,950 | ▲ € 95,955 |
| Equity | € 292,233 | € 319,319 | € 199,414 | € 175,464 | ▼ 12% |
| Total debts | € 131,247 | € 153,204 | € 166,476 | € 145,622 | ▼ 13% |
| Cash | € 180,914 | € 189,496 | € 132,986 | € 93,613 | ▼ 30% |
| Retained profit | € 273,641 | € 300,727 | € 180,822 | € 156,872 | ▼ 13% |
| Balance sheet total | € 423,480 | € 472,523 | € 365,890 | € 321,086 | ▼ 12% |
| Employees (FTE) | 7.5 | 6.9 | 7.2 | 6.5 | ▼ 0.7 |
Key figures of Korazon, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Korazon?
What happened at Korazon in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 23,950. Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 73,014 loss in 2023 to € 23,950 loss in 2026.
Paid € 3,557 in corporate taxes since 2023.
Best year ever: 2024, with € 27,086 profit.
On average € 86,700 of value added per employee in 2026.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Izegemsestraat 60a
8800 Roeselare
Krekelmotestraat 109
8870 Izegem
Active since 21 October 1994
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
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0440.183.822
- VAT number
- BE 0440.183.822
- Registered office
- Izegemsestraat 60a, 8800 Roeselare
- Names & denominations
- Korazon
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 1990
- Peppol
- Active · Active since 4 Sept 2025
- Activities · NACE
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