Active · per the CBE, 30 September 2026

KORMA

BE0461647942

Rechtspersoon Private limited company 1 establishment

KORMA is a property company in Leuven. Private Limited, started on 10 October 1997, 1 establishment.

Leopold Decouxlaan 113, 3012 Leuven

Behind the company: Marc Wouters.

Active for

28 year, 11 months

Financials

Financial year 2025

KORMA from Leuven, company number BE0461647942, closed financial year 2025 with a result of € 229,258 after tax. For that financial year KORMA recorded a gross margin of € 430,866 and equity of € 746,731. Compared with financial year 2024, the result moved from € 192,433 to € 229,258. Profitable, and profit is growing. 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 April 10, 2026.

What it is worth Healthy

€ 746,731

▼ 1% vs 2024

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

Profit Growing

€ 229,258

▲ 19% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.1 million

▼ 9% vs 2024

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

Where the profit goes Pays out

€ 239,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 40,276

▼ 29% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 65,118

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

Taxes

€ 17,821

▲ 51% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 385,552 € 377,650 € 443,849 € 430,866 ▼ 3%
Profit after taxes € 156,142 € 234,725 € 192,433 € 229,258 ▲ 19%
Equity € 806,219 € 921,340 € 756,473 € 746,731 ▼ 1%
Total debts € 668,316 € 737,255 € 1,094,228 € 1,022,389 ▼ 7%
Cash € 752,070 € 1,023,064 € 1,176,289 € 1,066,986 ▼ 9%
Land & buildings € 666,630 € 574,225 € 541,231 € 594,402 ▲ 10%
Retained profit € 744,315 € 863,340 € 698,473 € 688,731 ▼ 1%
Dividend € 127,402 € 115,700 € 357,300 € 239,000 ▼ 33%
Balance sheet total € 1,474,536 € 1,658,595 € 1,850,701 € 1,769,120 ▼ 4%

Key figures of KORMA, 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 KORMA?

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

  • New annual accounts for financial year 2025: profit of € 229,258 (▲ 19% vs 2024). Source: NBB ↗
  • Marc Wouters became a director. NBB
  • New establishment in Leuven. KBO
  • Start of the company according to the CBE. KBO

In short

From € 156,142 profit in 2022 to € 229,258 profit in 2025.

Paid € 287,034 in corporate taxes since 2022.

Best year ever: 2023, with € 234,725 profit.

Paid out € 839,402 in dividends to the owners in total.

Management

Marc Wouters
KORMA

Behind KORMA is Marc Wouters. It owns 49% of Korma Solar and 1% of Jentro itself.

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Directors

According to the 2025 annual accounts

Marc Wouters

Manager

Also active at: Korma Solar, JENTRO

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Leopold Decouxlaan 113

3012 Leuven

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

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

Details

Company number
0461.647.942
VAT number
BE 0461.647.942
Registered office
Leopold Decouxlaan 113, 3012 Leuven
Names & denominations
KORMA
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
10 October 1997
Peppol
Active · Active since 20 Jun 2025
Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

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Frequently asked questions

What does KORMA do?
KORMA is a property company in Leuven. Private Limited, started on 10 October 1997, 1 establishment.
What is the address of KORMA?
The registered office of KORMA is located at Leopold Decouxlaan 113, 3012 Leuven.
Is KORMA still active?
Yes. According to the CBE (30 September 2026) KORMA is active, legal situation “Normale toestand”, started on 10 October 1997.
Is KORMA registered on Peppol?
Yes, KORMA is registered on the Peppol network with ID 0208:0461647942.
What is the enterprise number of KORMA?
The enterprise number of KORMA is BE0461647942.
When was KORMA founded?
KORMA was founded on 10 October 1997.