Financials
Financial year 2025
KOROLYK from Alken, company number BE0661780718, closed financial year 2025 with a result of € 50,931 after tax. For that financial year KOROLYK recorded a gross margin of € 103,376 and equity of € 278,016. Compared with financial year 2024, the result moved from € 65,364 to € 50,931. The company is profitable. 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 March 4, 2026.
€ 278,016
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,931
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 97,342
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 65,529 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 6,205
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 247,695
▼ 7% vs 2024
€ 18,168 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 3,670
▲ 101% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,456
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 82,075 | € 100,624 | € 108,243 | € 103,376 | ▼ 4% |
| Profit after taxes | € 13,848 | € 31,873 | € 65,364 | € 50,931 | ▼ 22% |
| Equity | € 232,730 | € 262,250 | € 292,614 | € 278,016 | ▼ 5% |
| Total debts | € 170,499 | € 304,049 | € 314,579 | € 320,167 | ▲ 2% |
| Cash | € 133,964 | € 60,659 | € 104,530 | € 97,342 | ▼ 7% |
| Land & buildings | € 212,323 | € 423,554 | € 411,887 | € 400,220 | ▼ 3% |
| Retained profit | € 214,180 | € 243,700 | € 274,064 | € 259,466 | ▼ 5% |
| Dividend | € 0 | € 2,353 | € 35,000 | € 65,529 | ▲ 87% |
| Bank debt | € 148,808 | € 283,032 | € 265,531 | € 247,695 | ▼ 7% |
| Balance sheet total | € 403,228 | € 566,298 | € 607,193 | € 598,183 | ▼ 1% |
Key figures of KOROLYK, 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 KOROLYK?
What happened at KOROLYK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,931 (▼ 22% vs 2024). Source: NBB ↗
- New establishment in Alken. KBO
- Oleh Korolyk became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 13,848 profit in 2022 to € 50,931 profit in 2025.
Paid € 47,768 in corporate taxes since 2022.
Best year ever: 2024, with € 65,364 profit.
Paid out € 102,882 in dividends to the owners in total.
Management
Behind KOROLYK is Oleh Korolyk.
Directors
According to the 2025 annual accounts
Oleh Korolyk
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Bulsstraat 85E
3570 Alken
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0661.780.718
- VAT number
- BE 0661.780.718
- Registered office
- Bulsstraat 85E, 3570 Alken
- Names & denominations
- KOROLYK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 2016
- Peppol
- Active · Active since 10 Feb 2026
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