What does KORTETRAM do?

KORTETRAM is a property company in Wervik. Private Limited, started on 19 December 2016, 1 establishment.

What is the address of KORTETRAM?

The registered office of KORTETRAM is located at Korte Tramstraat 11 box 0, 8940 Wervik.

Is KORTETRAM still active?

Yes. According to the CBE (30 October 2026) KORTETRAM is active, legal situation “Normale toestand”, started on 19 December 2016.

Is KORTETRAM registered on Peppol?

Yes, KORTETRAM is registered on the Peppol network with ID 0208:0667862024.

What is the enterprise number of KORTETRAM?

The enterprise number of KORTETRAM is BE0667862024.

When was KORTETRAM founded?

KORTETRAM was founded on 19 December 2016.

Who are the directors of KORTETRAM?

According to the 2025 annual accounts, the directors of KORTETRAM are: Dirk Dewaele.

Is KORTETRAM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 December 2016; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did KORTETRAM make in 2025?

KORTETRAM posted a profit after taxes of € 37,855 in financial year 2025.

What is the revenue of KORTETRAM?

As a small company, KORTETRAM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 90,431.

KORTETRAM (Private Limited) - Wervik - BE0667862024

Dossier KORTETRAM, printed on 30 October 2026 from databakkes.be/en/0667862024/kortetram. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2025.

Financials

Financial year 2025

KORTETRAM from Wervik, company number BE0667862024, closed financial year 2025 with a result of € 37,855 after tax. For that financial year KORTETRAM recorded a gross margin of € 90,431 and equity of € 22,207. Compared with financial year 2024, the result moved from € 7,638 to € 37,855. Profitable, and profit is growing. The buffer shrank hard: equity is 62 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.

What it is worth Shrank hard

€ 22,207

▼ 62% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 37,855

▲ € 30,217 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 48,728

▼ 37% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 74,500 paid out

More than the year’s profit went to the shareholders; reserves fell.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 205,079

▼ 13% vs 2024

€ 30,366 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 4,726

▲ 231% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 11,175

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 50,547 Gross margin 2022: € 50,547 First fiscal year in the series	€ 52,943 Gross margin 2023: € 52,943 ▲ 5% vs 2022 (€ 50,547) Favourable step	€ 55,126 Gross margin 2024: € 55,126 ▲ 4% vs 2023 (€ 52,943) Favourable step	€ 90,431 Gross margin 2025: € 90,431 ▲ 64% vs 2024 (€ 55,126) Favourable step	▲ 64%
Profit after taxes	€ 7,955 Profit after taxes 2022: € 7,955 First fiscal year in the series	€ 9,198 Profit after taxes 2023: € 9,198 ▲ 16% vs 2022 (€ 7,955) Favourable step	€ 7,638 Profit after taxes 2024: € 7,638 ▼ 17% vs 2023 (€ 9,198) Unfavourable step	€ 37,855 Profit after taxes 2025: € 37,855 ▲ € 30,217 vs 2024 (€ 7,638) Favourable step	▲ € 30,217
Equity	€ 42,016 Equity 2022: € 42,016 First fiscal year in the series	€ 51,214 Equity 2023: € 51,214 ▲ 22% vs 2022 (€ 42,016) Favourable step	€ 58,852 Equity 2024: € 58,852 ▲ 15% vs 2023 (€ 51,214) Favourable step	€ 22,207 Equity 2025: € 22,207 ▼ 62% vs 2024 (€ 58,852) Unfavourable step	▼ 62%
Total debts	€ 1,046,557 Total debts 2022: € 1,046,557 First fiscal year in the series	€ 1,019,188 Total debts 2023: € 1,019,188 ▼ 3% vs 2022 (€ 1,046,557) Favourable step	€ 993,769 Total debts 2024: € 993,769 ▼ 2% vs 2023 (€ 1,019,188) Favourable step	€ 1,084,245 Total debts 2025: € 1,084,245 ▲ 9% vs 2024 (€ 993,769) Unfavourable step	▲ 9%
Cash	€ 45,470 Cash 2022: € 45,470 First fiscal year in the series	€ 61,262 Cash 2023: € 61,262 ▲ 35% vs 2022 (€ 45,470) Favourable step	€ 77,217 Cash 2024: € 77,217 ▲ 26% vs 2023 (€ 61,262) Favourable step	€ 48,728 Cash 2025: € 48,728 ▼ 37% vs 2024 (€ 77,217) Unfavourable step	▼ 37%
Land & buildings	€ 1,042,407 Land & buildings 2022: € 1,042,407 First fiscal year in the series	€ 1,007,958 Land & buildings 2023: € 1,007,958 ▼ 3% vs 2022 (€ 1,042,407) Unchanged	€ 973,510 Land & buildings 2024: € 973,510 ▼ 3% vs 2023 (€ 1,007,958) Unchanged	€ 939,061 Land & buildings 2025: € 939,061 ▼ 4% vs 2024 (€ 973,510) Unchanged	▼ 4%
Retained profit	€ 23,416 Retained profit 2022: € 23,416 First fiscal year in the series	€ 32,614 Retained profit 2023: € 32,614 ▲ 39% vs 2022 (€ 23,416) Favourable step	€ 40,252 Retained profit 2024: € 40,252 ▲ 23% vs 2023 (€ 32,614) Favourable step	€ 3,607 Retained profit 2025: € 3,607 ▼ 91% vs 2024 (€ 40,252) Unfavourable step	▼ 91%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 74,500 Dividend 2025: € 74,500 Unchanged (€ 0) Unchanged
Bank debt	€ 294,536 Bank debt 2022: € 294,536 First fiscal year in the series	€ 264,988 Bank debt 2023: € 264,988 ▼ 10% vs 2022 (€ 294,536) Favourable step	€ 235,170 Bank debt 2024: € 235,170 ▼ 11% vs 2023 (€ 264,988) Favourable step	€ 205,079 Bank debt 2025: € 205,079 ▼ 13% vs 2024 (€ 235,170) Favourable step	▼ 13%
Balance sheet total	€ 1,088,573 Balance sheet total 2022: € 1,088,573 First fiscal year in the series	€ 1,070,401 Balance sheet total 2023: € 1,070,401 ▼ 2% vs 2022 (€ 1,088,573) Unchanged	€ 1,052,620 Balance sheet total 2024: € 1,052,620 ▼ 2% vs 2023 (€ 1,070,401) Unchanged	€ 1,106,452 Balance sheet total 2025: € 1,106,452 ▲ 5% vs 2024 (€ 1,052,620) Unchanged	▲ 5%

Key figures of KORTETRAM, 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 KORTETRAM?

What happened at KORTETRAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 26, 2026 Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
Dec 19, 2016 New establishment in Wervik. KBO
2016 Dirk Dewaele became a director. NBB
Dec 19, 2016 Start of the company according to the CBE. KBO

In short

From € 7,955 profit in 2022 to € 37,855 profit in 2025.

Paid € 22,011 in corporate taxes since 2022.

Best year ever: 2025, with € 37,855 profit.

Paid out € 74,500 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Dirk Dewaele

KORTETRAM

notariaat dirk dewaele

dewaele&thomas, geassocieerde notarissen

Behind KORTETRAM is Dirk Dewaele. Dirk Dewaele is also behind notariaat dirk dewaele and dewaele&thomas, geassocieerde notarissen.

Directors

According to the 2025 annual accounts

Dirk Dewaele

Administrator-manager

Also active at: notariaat dirk dewaele, dewaele&thomas, geassocieerde notarissen

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Korte Tramstraat 11 box 0

8940 Wervik

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

notariaat dirk dewaele same network

€ 168,698 gross margin · 2025

GROEP DIRK DEWAELE

LAB Health

dewaele&thomas, geassocieerde notarissen same network

€ 193,422 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0667.862.024
VAT number: BE 0667.862.024
Registered office: Korte Tramstraat 11 bus 0, 8940 Wervik
Names & denominations: KORTETRAM
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 19 December 2016
Peppol: Active · Active since 11 Dec 2025
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗