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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
45 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Korabo from Geel, company number BE0646837768, closed financial year 2025 with a result of € -11,792 after tax. For that financial year Korabo recorded a gross margin of € -11,672 and equity of € 50,078. Compared with financial year 2024, the result moved from € -1,886 to € -11,792. 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 June 30, 2026.
€ 50,078
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,792
▼ 525 % more loss than in 2024
Profit after tax over the fiscal year.
€ 50,045
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11,422.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 41,099
▲ € 38,495 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,359,802 | € 10,961,036 | - | - | |
| Gross margin | - | - | € -1,768 | € -11,672 | ▼ € 9,904 |
| Profit after taxes | € 19,640 | € 6,010 | € -1,886 | € -11,792 | ▼ € 9,906 |
| Equity | € 81,745 | € 63,755 | € 61,870 | € 50,078 | ▼ 19% |
| Total debts | € 2,572,733 | € 612,821 | € 252,604 | € 41,099 | ▼ 84% |
| Cash | € 108,457 | € 525,955 | € 311,828 | € 50,045 | ▼ 84% |
| Retained profit | € 20,245 | € 2,255 | € 370 | € -11,422 | ▼ € 11,792 |
| Dividend | € 0 | € 24,000 | € 0 | € 0 | |
| Balance sheet total | € 2,654,478 | € 676,576 | € 314,474 | € 91,177 | ▼ 71% |
Key figures of Korabo, 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 Korabo?
What happened at Korabo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,792. Source: NBB ↗
- Belvi stepped down as director. NBB
- Manibel stepped down as director. NBB
- JURECO stepped down as director. NBB
- Belvi became a director. NBB
- Manibel became a director. NBB
- JURECO became a director. NBB
- New establishment in Geel. KBO
In short
From € 19,640 profit in 2022 to € 11,792 loss in 2025.
Paid € 8,420 in corporate taxes since 2022.
Best year ever: 2022, with € 19,640 profit.
Paid out € 24,000 in dividends to the owners in total.
Management
The stake of VANHOUT, HOUBEN, ComTIS Services comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KoraboThe shares are held by VANHOUT (66%), HOUBEN (33.3%) and ComTIS Services (1%).
Directors
According to the 2025 annual accounts
Director · represented by Ewald Houben
Also active at: HOUBEN, EROPAK, ALUGLAS, SHOPPING CENTRUM OOST, HOUBEN HOLDING, HOUBEN RED, HOUBEN PROJECTS, NEWBUILD INVEST +3 more
since 2021 · until 2026
Director · represented by Bert Lenaerts
Also active at: VANHOUT BILZEN, Vanhout Projects, VANHOUT, Carlyco, HBS, Isopearls, Colabora, Vanhout PPS +16 more
since 2021 · until 2026
Director · represented by Ronny Eijckmans
Also active at: VANHOUT BILZEN, Vanhout Projects, VANHOUT, Carlyco, HBS, RABOT INVEST, Isopearls, Colabora +18 more
since 2021 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lammerdries 12
2440 Geel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 45 companies are registered at this address.
All companies at this address →Vanhout Projects same network
€ 1.9 million revenue · 2025
VANHOUT same network
€ 125 million revenue · 2025
Carlyco same network
€ -8,669 gross margin · 2025
HBS same network
€ 7.3 million revenue · 2025
SPORT EN RECREATIE WESTERLO
€ 502,538 revenue · 2025
+40 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0646.837.768
- VAT number
- BE 0646.837.768
- Registered office
- Lammerdries 12, 2440 Geel
- Names & denominations
- Korabo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2016
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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