Financials
Financial year 2025
KORMAX from Jodoigne, company number BE0525731090, closed financial year 2025 with a result of € -5,522 after tax. For that financial year KORMAX recorded a gross margin of € -990 and equity of € 25,197. Compared with financial year 2024, the result moved from € 7,519 to € -5,522. The company made a loss. 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 December 9, 2025.
€ 25,197
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,522
▼ still € 7,519 profit in 2024
Profit after tax over the fiscal year.
€ 21,014
▲ 111% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 18,997.
People and assets in 2025
€ 4,876
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 25,754
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,291
▲ € 12,279 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 | € 21,463 | € 3,170 | € 15,011 | € -990 | ▼ € 16,001 |
| Profit after taxes | € 7,685 | € -5,927 | € 7,519 | € -5,522 | ▼ € 13,041 |
| Equity | € 29,127 | € 23,200 | € 30,719 | € 25,197 | ▼ 18% |
| Total debts | € 28,649 | € 63,763 | € 45,958 | € 40,045 | ▼ 13% |
| Cash | € 5,782 | € 33,528 | € 9,940 | € 21,014 | ▲ 111% |
| Retained profit | € 22,927 | € 17,000 | € 24,519 | € 18,997 | ▼ 23% |
| Bank debt | € 6,716 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 57,775 | € 86,963 | € 76,677 | € 65,243 | ▼ 15% |
Key figures of KORMAX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to KORMAX?
What happened at KORMAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,522 (▼ € 13,041 vs 2024). Source: NBB ↗
- New establishment in Jodoigne. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,685 profit in 2022 to € 5,522 loss in 2025.
Paid € 3,911 in corporate taxes since 2022.
Best year ever: 2022, with € 7,685 profit.
Management
Behind KORMAX are Piotr SADOWSKI and Justyna SADOWSKA.
Directors
According to the 2025 annual accounts
Piotr SADOWSKI
Director
Justyna SADOWSKA
Administratrice
Establishments
Establishment units
Physical locations of this company
Rue de la Chap. St Jean(Piét.) 22
1370 Jodoigne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0525.731.090
- VAT number
- BE 0525.731.090
- Registered office
- Rue de la Chap. St Jean(Piét.) 22, 1370 Jodoigne
- Names & denominations
- KORMAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2013
- Peppol
- Active · Active since 17 Sept 2026
- Activities · NACE
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