KORSY is an architecture firm in Merchtem. Private Limited, started on 3 April 2023, 1 establishment.

What is the address of KORSY?

The registered office of KORSY is located at Beekveld 28, 1785 Merchtem.

Is KORSY still active?

Yes. According to the CBE (15 November 2026) KORSY is active, legal situation “Normale toestand”, started on 3 April 2023.

Is KORSY registered on Peppol?

Yes, KORSY is registered on the Peppol network with ID 0208:0800337595.

What is the enterprise number of KORSY?

The enterprise number of KORSY is BE0800337595.

When was KORSY founded?

KORSY was founded on 3 April 2023.

Who are the directors of KORSY?

According to the 2026 annual accounts, the directors of KORSY are: ISRA ABDELAOUI.

Is KORSY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 April 2023; 3 annual accounts filed, latest fiscal year 2026; 1 directors known from the annual account; 1 events from the Belgian Official Gazette processed.

How much profit did KORSY make in 2026?

KORSY recorded a loss after taxes of € 9,600 in financial year 2026.

What is the revenue of KORSY?

As a small company, KORSY is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € -5,743.

KORSY (Private Limited) - Merchtem - BE0800337595

Dossier KORSY, printed on 15 November 2026 from databakkes.be/en/0800337595/korsy. 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.

Negative equity NBB

More debt than assets in 3 of the last 3 fiscal years.
Two loss years in a row NBB

Negative result in 2025 and 2026.
Tight liquidity NBB

Cash and receivables cover 46 % of short-term debt in 2026; threshold 65 %.

Financials

Financial year 2026

KORSY from Merchtem, company number BE0800337595, closed financial year 2026 with a result of € -9,600 after tax. For that financial year KORSY recorded a gross margin of € -5,743 and equity of € -19,214. Compared with financial year 2025, the result moved from € -5,824 to € -9,600. The company made a loss. 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 9, 2026.

What it is worth Caution

€ -19,214

▼ € 9,600 vs 2025

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

Loss Caution

€ -9,600

▼ 65 % more loss than in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 7,315

▼ 66% vs 2025

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -22,214.

People and assets in 2026

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 2,771

▼ 5% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1,329

▼ 12% vs 2025

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

Taxes and wages

€ 11,126

▲ 166% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year
	2024	2025	2026	Change 2025 → 2026
Gross margin	€ -1,025 Gross margin 2024: € -1,025 First fiscal year in the series	€ -2,227 Gross margin 2025: € -2,227 ▼ € 1,203 vs 2024 (€ -1,025) Unfavourable step	€ -5,743 Gross margin 2026: € -5,743 ▼ € 3,516 vs 2025 (€ -2,227) Unfavourable step	▼ € 3,516
Profit after taxes	€ -6,790 Profit after taxes 2024: € -6,790 First fiscal year in the series	€ -5,824 Profit after taxes 2025: € -5,824 ▲ € 966 vs 2024 (€ -6,790) Favourable step	€ -9,600 Profit after taxes 2026: € -9,600 ▼ € 3,776 vs 2025 (€ -5,824) Unfavourable step	▼ € 3,776
Equity	€ -3,790 Equity 2024: € -3,790 First fiscal year in the series	€ -9,614 Equity 2025: € -9,614 ▼ € 5,824 vs 2024 (€ -3,790) Unfavourable step	€ -19,214 Equity 2026: € -19,214 ▼ € 9,600 vs 2025 (€ -9,614) Unfavourable step	▼ € 9,600
Total debts	€ 34,732 Total debts 2024: € 34,732 First fiscal year in the series	€ 36,124 Total debts 2025: € 36,124 ▲ 4% vs 2024 (€ 34,732) Unfavourable step	€ 39,179 Total debts 2026: € 39,179 ▲ 8% vs 2025 (€ 36,124) Unfavourable step	▲ 8%
Cash	€ 20,417 Cash 2024: € 20,417 First fiscal year in the series	€ 21,604 Cash 2025: € 21,604 ▲ 6% vs 2024 (€ 20,417) Favourable step	€ 7,315 Cash 2026: € 7,315 ▼ 66% vs 2025 (€ 21,604) Unfavourable step	▼ 66%
Retained profit	€ -6,790 Retained profit 2024: € -6,790 First fiscal year in the series	€ -12,614 Retained profit 2025: € -12,614 ▼ € 5,824 vs 2024 (€ -6,790) Unfavourable step	€ -22,214 Retained profit 2026: € -22,214 ▼ € 9,600 vs 2025 (€ -12,614) Unfavourable step	▼ € 9,600
Balance sheet total	€ 30,942 Balance sheet total 2024: € 30,942 First fiscal year in the series	€ 26,510 Balance sheet total 2025: € 26,510 ▼ 14% vs 2024 (€ 30,942) Unchanged	€ 19,965 Balance sheet total 2026: € 19,965 ▼ 25% vs 2025 (€ 26,510) Unchanged	▼ 25%

By gross margin, KORSY ranks 16th of 16 companies with main activity “Activiteiten van bouwarchitecten” in Merchtem that publish figures (fiscal year 2026).

Key figures of KORSY, fiscal years 2024 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

Ask about KORSY the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to KORSY?

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

Oct 9, 2026 New annual accounts for financial year 2026: loss of € 9,600. Source: NBB ↗
Apr 5, 2023 Incorporation, published in the Gazette. Source: Staatsblad ↗
Apr 3, 2023 New establishment in Merchtem. KBO