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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2024
Korreli Industries from Turnhout, company number BE0547819673, closed financial year 2024 with a result of € 30,998 after tax. For that financial year Korreli Industries recorded a gross margin of € 44,737 and equity of € -167,488. Compared with financial year 2023, the result moved from € 583 to € 30,998. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ -167,488
▲ € 30,998 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,998
▲ € 30,415 vs 2023
Profit after tax over the fiscal year.
€ 255
▼ 96% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -186,088.
People and assets in 2024
€ 1,009
▲ 24% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
€ 307,927
▼ 1% vs 2023
Loans from banks and other lenders, long and short.
€ 188,159
▼ 5% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,443
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 460 | € 26,143 | € 14,004 | € 44,737 | ▲ 219% |
| Profit after taxes | € -11,478 | € 12,659 | € 583 | € 30,998 | ▲ € 30,415 |
| Equity | € -211,728 | € -199,070 | € -198,487 | € -167,488 | ▲ € 30,998 |
| Total debts | € 495,531 | € 496,132 | € 544,084 | € 530,806 | ▼ 2% |
| Cash | € 9,300 | € 3,711 | € 5,877 | € 255 | ▼ 96% |
| Retained profit | € -230,328 | € -217,670 | € -217,087 | € -186,088 | ▲ € 30,998 |
| Bank debt | € 259,611 | € 269,995 | € 310,599 | € 307,927 | ▼ 1% |
| Balance sheet total | € 283,803 | € 297,063 | € 345,597 | € 363,318 | ▲ 5% |
Key figures of Korreli Industries, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Korreli Industries?
What happened at Korreli Industries in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 30,998 (▲ € 30,415 vs 2023). filed late Source: NBB ↗
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,478 loss in 2021 to € 30,998 profit in 2024.
Best year ever: 2024, with € 30,998 profit.
Management
Behind Korreli Industries is ELMAR Comm.V. ELMAR Comm.V is also behind FIRMA FAMST.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Steenweg op Zevendonk 181
2300 Turnhout
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
- 0547.819.673
- VAT number
- BE 0547.819.673
- Registered office
- Steenweg op Zevendonk 181, 2300 Turnhout
- Names & denominations
- Korreli Industries
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 2014
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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