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 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Koramic Renovation Projects from Kortrijk, company number BE0442876264, closed financial year 2025 with a result of € 20,430 after tax. For that financial year Koramic Renovation Projects recorded a gross margin of € -11,880 and equity of € 614,312. Compared with financial year 2024, the result moved from € -110,758 to € 20,430. 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.
€ 614,312
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,430
▲ still € 110,758 loss in 2024
Profit after tax over the fiscal year.
€ 10,206
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -135,688.
Debts at end 2025
€ 2 million
▼ 11% vs 2024
€ 240,000 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 8,016
▲ € 7,260 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -85,739 | € -20,086 | € 3,693 | € -11,880 | ▼ € 15,573 |
| Profit after taxes | € -393,763 | € -130,901 | € -110,758 | € 20,430 | ▲ € 131,188 |
| Equity | € 835,541 | € 704,640 | € 593,882 | € 614,312 | ▲ 3% |
| Total debts | € 3,297,592 | € 2,415,610 | € 2,285,353 | € 2,052,129 | ▼ 10% |
| Cash | € 27,226 | € 2,015 | € 27,000 | € 10,206 | ▼ 62% |
| Land & buildings | € 3,303,162 | € 14,735 | € 14,735 | € 14,735 | |
| Retained profit | € -35,718,530 | € -35,849,431 | € -156,118 | € -135,688 | ▲ € 20,430 |
| Bank debt | € 3,258,928 | € 2,400,000 | € 2,280,000 | € 2,040,000 | ▼ 11% |
| Balance sheet total | € 4,133,133 | € 3,120,250 | € 2,879,235 | € 2,666,441 | ▼ 7% |
Key figures of Koramic Renovation 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 Renovation Projects?
What happened at Koramic Renovation Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Carl Van den Eynde stepped down as director. NBB
- Edge of Change BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 20,430. Source: NBB ↗
- Carl Van den Eynde became a director. NBB
- Christian Dumolin stepped down as director. NBB
- Stéphane Vlaemminck stepped down as director. NBB
- Edge of Change BV became a director. NBB
- Stéphane Vlaemminck became a director. NBB
In short
From € 393,763 loss in 2022 to € 20,430 profit in 2025.
Paid € 270,152 in corporate taxes since 2022.
Best year ever: 2025, with € 20,430 profit.
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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
Management
The stake of KORAMIC INVESTMENTS, Koramic Real Estate comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Koramic Renovation ProjectsThe shares are held by KORAMIC INVESTMENTS (100%) and Koramic Real Estate (100%).
Directors
According to the 2025 annual accounts
Carl Van den Eynde
Director
Also active at: Koramic Real Estate, SOMIBA, J2P CONSULTING, BUSINESS CENTER LONDERZEEL, BEDRIJVENCENTRUM MALLE, C-Buildings, IMMO WANSART, ALLIK +6 more
since 2026 · until 2031
Christian Dumolin
Director
Also active at: KORAMIC DEVELOPMENT, TrustCapital, KORAMIC REAL ESTATE INVESTMENT, Hallex, KORAMIC INVESTMENTS, CREASET, PATRIMCOUR, LESSIUS +21 more
since 2019 · until 2026
Stéphane Vlaemminck
Director
Also active at: NEDZINK, TrustCapital, Koramic Real Estate, LAMIFIL, LESSIUS, Koramic Capital, KORACHEM, Koramic Finance Company +6 more
since 2023 · until 2026
Director · represented by Pieter Blondeel
Also active at: KORAMIC DEVELOPMENT, Koramic Real Estate, SOMIBA, J2P CONSULTING, BUSINESS CENTER LONDERZEEL, BEDRIJVENCENTRUM MALLE, C-Buildings, IMMO WANSART +11 more
since 2026 · until 2031
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kapel ter Bede(Kor) 84
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →KORAMIC DEVELOPMENT PROJECTS same network
€ 24.1 million revenue · 2025
TrustCapital same network
Koramic Real Estate same network
€ 30.3 million revenue · 2025
KORAMIC INVESTMENTS same network
€ 3.8 million revenue · 2025
DeliBarn Immo
+20 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.876.264
- VAT number
- BE 0442.876.264
- Registered office
- Kapel ter Bede(Kor) 84, 8500 Kortrijk
- Names & denominations
- Koramic Renovation Projects · KORIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1990
- Peppol
- Active · Active since 4 May 2026