Financials
Financial year 2025
KORAAL from Gingelom, company number BE0783560654, closed financial year 2025 with a result of € 19,157 after tax. For that financial year KORAAL recorded a gross margin of € 24,878 and equity of € 135,975. Compared with financial year 2024, the result moved from € 73,884 to € 19,157. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 135,975
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,157
▼ 74% vs 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 134,975.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,853
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,376
Loans from banks and other lenders, long and short.
€ 28,937
▲ € 27,269 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,804
▼ 20% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 66,168 | € 107,585 | € 24,878 | ▼ 77% |
| Profit after taxes | € 41,934 | € 73,884 | € 19,157 | ▼ 74% |
| Equity | € 42,934 | € 116,817 | € 135,975 | ▲ 16% |
| Total debts | € 44,894 | € 58,762 | € 79,148 | ▲ 35% |
| Cash | € 1,241 | € 22,245 | € 0 | ▼ 100% |
| Retained profit | € 41,934 | € 115,817 | € 134,975 | ▲ 17% |
| Bank debt | € 0 | € 0 | € 4,376 | |
| Balance sheet total | € 87,828 | € 175,579 | € 215,123 | ▲ 23% |
Key figures of KORAAL, fiscal years 2023 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 KORAAL?
What happened at KORAAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,157 (▼ 74% vs 2024). Source: NBB ↗
- New establishment in Gingelom. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,934 profit in 2023 to € 19,157 profit in 2025.
Paid € 56,231 in corporate taxes since 2023.
Best year ever: 2024, with € 73,884 profit.
Management
Behind KORAAL is Michael Inniss.
Directors
According to the 2025 annual accounts
Michael Inniss
Director
Establishments
Establishment units
Physical locations of this company
Kamerijckstraat 10
3890 Gingelom
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
GOOGLE - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0783.560.654
- VAT number
- BE 0783.560.654
- Registered office
- Kamerijckstraat 10, 3890 Gingelom
- Names & denominations
- KORAAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 2022
- Peppol
- Active · Active since 26 Sept 2025
- Contact
- kamerijck.be
- Activities · NACE
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