Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KORAL HOLDING from Kalmthout, company number BE0479731811, closed financial year 2025 with a result of € 83,137 after tax. For that financial year KORAL HOLDING recorded a gross margin of € 90,237 and equity of € 22,632. Compared with financial year 2024, the result moved from € 31,479 to € 83,137. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 22,632
▲ € 83,137 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 83,137
▲ 164% vs 2024
Profit after tax over the fiscal year.
€ 177
▼ 69% 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 € 16,432.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 38,274
▼ 23% vs 2024
Loans from banks and other lenders, long and short.
€ 5,242
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,065
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 243 | € -5,595 | € 36,127 | € 90,237 | ▲ 150% |
| Profit after taxes | € -31,086 | € -11,821 | € 31,479 | € 83,137 | ▲ 164% |
| Equity | € -80,163 | € -91,983 | € -60,504 | € 22,632 | ▲ € 83,137 |
| Total debts | € 387,428 | € 392,579 | € 382,416 | € 318,025 | ▼ 17% |
| Cash | € 297 | € 998 | € 579 | € 177 | ▼ 69% |
| Retained profit | € -86,363 | € -98,183 | € -66,704 | € 16,432 | ▲ € 83,137 |
| Bank debt | € 90,457 | € 70,117 | € 49,601 | € 38,274 | ▼ 23% |
| Balance sheet total | € 307,265 | € 300,595 | € 321,911 | € 340,657 | ▲ 6% |
By gross margin, KORAL HOLDING ranks 64th of 335 companies with main activity “Diensten voor personenvervoer op aanvraag per voertuig met chauffeur” in the province of Antwerp that publish figures (fiscal year 2025).
Key figures of KORAL HOLDING, 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.
Ask about KORAL HOLDING the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to KORAL HOLDING?
What happened at KORAL HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 83,137 (▲ 164% vs 2024). Source: NBB ↗
- Ralph Kortenbach became a director. NBB
- Eugenne Uphoff became a director. NBB
- New establishment in Kalmthout. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,086 loss in 2022 to € 83,137 profit in 2025.
Paid € 6,221 in corporate taxes since 2022.
Best year ever: 2025, with € 83,137 profit.
Management
Behind KORAL HOLDING are Ralph Kortenbach and Eugenne Uphoff. The same people are also behind BRUSSAARD COMPANY GROUP BELGIUM.
Directors
According to the 2025 annual accounts
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Hertendreef (Heide) 39
2920 Kalmthout
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.
Similar companies in the province of Antwerp
Same main activity (Diensten voor personenvervoer op aanvraag per voertuig met chauffeur), 552 active companies in the province of Antwerp, largest first.
€ 11.7 million revenue · 2025 · Antwerpen
€ 3.9 million revenue · 2024 · Boom
€ 3.5 million gross margin · 2025 · Antwerpen
€ 3.2 million gross margin · 2024 · Herentals
€ 2.8 million gross margin · 2025 · Antwerpen
€ 1.6 million gross margin · 2025 · Heist-op-den-Berg
Details
- Company number
- 0479.731.811
- VAT number
- BE 0479.731.811
- Registered office
- Hertendreef (Heide) 39, 2920 Kalmthout
- Names & denominations
- KORAL HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 2003
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Diensten voor personenvervoer op aanvraag per voertuig met chauffeur
Personenvervoer over de weg zonder dienstregeling
Overig vervoer van personen te land
Overig personenvervoer te land, n.e.g.
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige niet-gespecialiseerde detailhandel
Overige vormen van onderwijs
Activiteiten van reclamebureaus
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