Financials
Financial year 2025
KORMAR from Menen, company number BE0448368147, closed financial year 2025 with a result of € 96,300 after tax. For that financial year KORMAR recorded a gross margin of € 170,048 and equity of € 474,501. Compared with financial year 2024, the result moved from € 69,669 to € 96,300. Profitable, and profit is growing. 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 20, 2026.
€ 474,501
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 96,300
▲ 38% vs 2024
Profit after tax over the fiscal year.
€ 172,439
▲ 254% 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 € -222,499.
Debts at end 2025
€ 325,000
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 2,440
▲ € 2,244 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,090
▼ 49% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 115,492 | € 154,847 | € 159,398 | € 170,048 | ▲ 7% |
| Profit after taxes | € 29,096 | € 62,865 | € 69,669 | € 96,300 | ▲ 38% |
| Equity | € 245,667 | € 308,532 | € 378,201 | € 474,501 | ▲ 25% |
| Total debts | € 876,568 | € 763,804 | € 582,620 | € 554,736 | ▼ 5% |
| Cash | € 107,676 | € 135,796 | € 48,645 | € 172,439 | ▲ 254% |
| Land & buildings | € 972,163 | € 931,778 | € 891,394 | € 851,010 | ▼ 5% |
| Retained profit | € -451,333 | € -388,468 | € -318,799 | € -222,499 | ▲ € 96,300 |
| Bank debt | € 416,225 | € 346,437 | € 326,649 | € 325,000 | ▼ 1% |
| Balance sheet total | € 1,122,236 | € 1,072,336 | € 960,821 | € 1,029,237 | ▲ 7% |
Key figures of KORMAR, 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 KORMAR?
What happened at KORMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 96,300 (▲ 38% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,096 profit in 2022 to € 96,300 profit in 2025.
Best year ever: 2025, with € 96,300 profit.
Management
Behind KORMAR is Louis Vervisch. Louis Vervisch is also behind VERVISCH, DISTRI - CARNE and LOUMEAT.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Bruggestraat 245/A
8930 Menen
Doorniksestraat(Kor) 2 box 61
8500 Kortrijk
Active since 20 November 1992
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
TELENET-AS, BE
Domain
Domain
nourriture-noble.be
Registered
2013-01-23
Website info
Features
Security
Details
- Company number
- 0448.368.147
- VAT number
- BE 0448.368.147
- Registered office
- Bruggestraat 245/A, 8930 Menen
- Names & denominations
- KORMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 1992
- Peppol
- Active · Active since 26 Feb 2026
- Contact
- nourriture-noble.be
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