KORLAM is a joinery in Moorslede. Private Limited, started on 6 September 1990, 1 establishment.

What is the address of KORLAM?

The registered office of KORLAM is located at Breulstraat 111, 8890 Moorslede.

Is KORLAM still active?

Yes. According to the CBE (29 October 2026) KORLAM is active, legal situation “Normale toestand”, started on 6 September 1990.

Is KORLAM registered on Peppol?

Yes, KORLAM is registered on the Peppol network with ID 0208:0441383553.

What is the enterprise number of KORLAM?

The enterprise number of KORLAM is BE0441383553.

When was KORLAM founded?

KORLAM was founded on 6 September 1990.

Who are the directors of KORLAM?

According to the 2025 annual accounts, the directors of KORLAM are: VT-Invest SRL, VT-Industrial NV.

Is KORLAM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 September 1990; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did KORLAM make in 2025?

KORLAM posted a profit after taxes of € 212,660 in financial year 2025.

What is the revenue of KORLAM?

As a small company, KORLAM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 699,622.

How much does an employee at KORLAM earn?

The average wage cost per full-time employee at KORLAM was € 53,100 in 2025: staff costs of € 509,558 for 9.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does KORLAM have?

According to the 2025 annual accounts, KORLAM has 9.6 full-time equivalents (FTE).

KORLAM (Private Limited) - Moorslede - BE0441383553

Dossier KORLAM, printed on 29 October 2026 from databakkes.be/en/0441383553/korlam. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

KORLAM from Moorslede, company number BE0441383553, closed financial year 2025 with a result of € 212,660 after tax. For that financial year KORLAM recorded a gross margin of € 699,622 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € -1,794 to € 212,660. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Growing

€ 1.8 million

▲ € 1.8 million vs 2024

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

Profit Growing

€ 212,660

▲ still € 1,794 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 383,936

▲ € 383,931 vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 200,087.

People and assets in 2025

Full-time equivalents

9.6

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 509,558

€ 53,100 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.

Vehicles and equipment

€ 212,891

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 20 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.9 million

€ 145,000 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.

Owed to suppliers

€ 513,783

▲ € 513,547 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 342,661

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -4,616 Gross margin 2022: € -4,616 First fiscal year in the series	€ -2,120 Gross margin 2023: € -2,120 ▲ € 2,495 vs 2022 (€ -4,616) Favourable step	€ -1,749 Gross margin 2024: € -1,749 ▲ € 371 vs 2023 (€ -2,120) Favourable step	€ 699,622 Gross margin 2025: € 699,622 ▲ € 701,371 vs 2024 (€ -1,749) Favourable step	▲ € 701,371
Profit after taxes	€ -4,717 Profit after taxes 2022: € -4,717 First fiscal year in the series	€ -2,280 Profit after taxes 2023: € -2,280 ▲ € 2,437 vs 2022 (€ -4,717) Favourable step	€ -1,794 Profit after taxes 2024: € -1,794 ▲ € 486 vs 2023 (€ -2,280) Favourable step	€ 212,660 Profit after taxes 2025: € 212,660 ▲ € 214,454 vs 2024 (€ -1,794) Favourable step	▲ € 214,454
Equity	€ -1,992 Equity 2022: € -1,992 First fiscal year in the series	€ -4,272 Equity 2023: € -4,272 ▼ € 2,280 vs 2022 (€ -1,992) Unfavourable step	€ -6,066 Equity 2024: € -6,066 ▼ € 1,794 vs 2023 (€ -4,272) Unfavourable step	€ 1,775,087 Equity 2025: € 1,775,087 ▲ € 1.8 million vs 2024 (€ -6,066) Favourable step	▲ € 1.8 million
Total debts	€ 2,087 Total debts 2022: € 2,087 First fiscal year in the series	€ 4,278 Total debts 2023: € 4,278 ▲ 105% vs 2022 (€ 2,087) Unfavourable step	€ 6,072 Total debts 2024: € 6,072 ▲ 42% vs 2023 (€ 4,278) Unfavourable step	€ 4,631,238 Total debts 2025: € 4,631,238 ▲ € 4.6 million vs 2024 (€ 6,072) Unfavourable step	▲ € 4.6 million
Cash	€ 8 Cash 2022: € 8 First fiscal year in the series	€ 5 Cash 2023: € 5 ▼ 31% vs 2022 (€ 8) Unfavourable step	€ 5 Cash 2024: € 5 ▼ 5% vs 2023 (€ 5) Unfavourable step	€ 383,936 Cash 2025: € 383,936 ▲ € 383,931 vs 2024 (€ 5) Favourable step	▲ € 383,931
Land & buildings	-	-	-	€ 3,560,465 Land & buildings 2025: € 3,560,465 First fiscal year in the series
Retained profit	€ -8,500 Retained profit 2022: € -8,500 First fiscal year in the series	€ -10,780 Retained profit 2023: € -10,780 ▼ € 2,280 vs 2022 (€ -8,500) Unfavourable step	€ -12,574 Retained profit 2024: € -12,574 ▼ € 1,794 vs 2023 (€ -10,780) Unfavourable step	€ 200,087 Retained profit 2025: € 200,087 ▲ € 212,660 vs 2024 (€ -12,574) Favourable step	▲ € 212,660
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 2,900,000 Bank debt 2025: € 2,900,000 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 94 Balance sheet total 2022: € 94 First fiscal year in the series	€ 5 Balance sheet total 2023: € 5 ▼ 94% vs 2022 (€ 94) Unchanged	€ 5 Balance sheet total 2024: € 5 ▼ 5% vs 2023 (€ 5) Unchanged	€ 6,406,325 Balance sheet total 2025: € 6,406,325 ▲ € 6.4 million vs 2024 (€ 5) Unchanged	▲ € 6.4 million
Employees (FTE)	-	-	-	9.6 Employees (FTE) 2025: 9.6 First fiscal year in the series

Key figures of KORLAM, 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 KORLAM?

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

Jun 30, 2026 New annual accounts for financial year 2025: profit of € 212,660. Source: NBB ↗
2025 VT-Invest SRL became a director. NBB
2025 VT-Industrial NV became a director. NBB
Sep 19, 1990 New establishment in Moorslede. KBO
Sep 6, 1990 Start of the company according to the CBE. KBO

In short

From € 4,717 loss in 2022 to € 212,660 profit in 2025.

Paid € 79,130 in corporate taxes since 2022.

Best year ever: 2025, with € 212,660 profit.

On average € 72,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

VT-INVEST 85.5%

The stake of VT-INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

KORLAM

Behind KORLAM are VT-Invest SRL and VT-Industrial NV. The shares are held by VT-INVEST (85.5%).

Directors

According to the 2025 annual accounts

VT-Invest SRL

Director · represented by Van Tornhaut Dirk

Also active at: GUSTAAF CUYLAERTS, Algemene Ondernemingen Van Tornhaut, VT-RESIDENTIAL, V - SYSTEMS, COBATIM, STABIL, STECHO, Harold Kindt Project Management +15 more

since 2025

VT-Industrial NV

Director · represented by Windels Christophe

Also active at: GUSTAAF CUYLAERTS, VCS STEEL, SPANBO, VAN DE WALLE INDUSTRIAL BUILDING CONTRACTOR

since 2025

Shareholders

VT-INVEST

85.5%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Breulstraat 111

8890 Moorslede

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

SPANBO same network

€ 20.3 million revenue · 2025

Tijdelijke maatschap Onderwijsstraat

Tijdelijke maatschap Rembertlaan

TM Oude Leielaan

Tijdelijke Maatschap Koestraat

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

Details

Company number

0441.383.553

VAT number

BE 0441.383.553

Registered office

Breulstraat 111, 8890 Moorslede

Names & denominations

KORLAM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

6 September 1990

Peppol

Active · Active since 22 Dec 2025

Activities · NACE

Vervaardiging van fineer en van panelen op basis van hout

Schrijnwerk

Overige bouwinstallatie

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

View on CBE Public ↗ Annual accounts (NBB) ↗

KORLAM

Financials

What happened to KORLAM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions