What does KORINVEST do?

KORINVEST is a construction company in Harelbeke. Private Limited, started on 27 October 2009, 1 establishment.

What is the address of KORINVEST?

The registered office of KORINVEST is located at Gentsesteenweg 69, 8530 Harelbeke.

Is KORINVEST still active?

Yes. According to the CBE (30 October 2026) KORINVEST is active, legal situation “Normale toestand”, started on 27 October 2009.

Is KORINVEST registered on Peppol?

Yes, KORINVEST is registered on the Peppol network with ID 0208:0820076602.

What is the enterprise number of KORINVEST?

The enterprise number of KORINVEST is BE0820076602.

When was KORINVEST founded?

KORINVEST was founded on 27 October 2009.

Who are the directors of KORINVEST?

According to the 2025 annual accounts, the directors of KORINVEST are: Paul Steeland.

Is KORINVEST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 October 2009; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did KORINVEST make in 2025?

KORINVEST posted a profit after taxes of € 141,153 in financial year 2025.

What is the revenue of KORINVEST?

As a small company, KORINVEST is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 247,486.

KORINVEST (Private Limited) - Harelbeke - BE0820076602

Dossier KORINVEST, printed on 30 October 2026 from databakkes.be/en/0820076602/korinvest. 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 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

KORINVEST from Harelbeke, company number BE0820076602, closed financial year 2025 with a result of € 141,153 after tax. For that financial year KORINVEST recorded a gross margin of € 247,486 and equity of € -480,143. Compared with financial year 2024, the result moved from € 141,532 to € 141,153. The company is profitable. 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 January 31, 2026.

What it is worth Caution

€ -480,143

▲ € 141,153 vs 2024

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

Profit Healthy

€ 141,153

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -492,543.

Debts at end 2025

Bank debt

€ 432,250

▼ 13% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 125

▼ 59% vs 2024

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

Taxes

€ 38,434

▲ 2% vs 2024

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	€ 251,353 Gross margin 2022: € 251,353 First fiscal year in the series	€ 245,274 Gross margin 2023: € 245,274 ▼ 2% vs 2022 (€ 251,353) Unfavourable step	€ 246,711 Gross margin 2024: € 246,711 ▲ 1% vs 2023 (€ 245,274) Favourable step	€ 247,486 Gross margin 2025: € 247,486 Unchanged (€ 246,711) Favourable step
Profit after taxes	€ 132,517 Profit after taxes 2022: € 132,517 First fiscal year in the series	€ 140,792 Profit after taxes 2023: € 140,792 ▲ 6% vs 2022 (€ 132,517) Favourable step	€ 141,532 Profit after taxes 2024: € 141,532 ▲ 1% vs 2023 (€ 140,792) Favourable step	€ 141,153 Profit after taxes 2025: € 141,153 Unchanged (€ 141,532) Unfavourable step
Equity	€ -903,620 Equity 2022: € -903,620 First fiscal year in the series	€ -762,828 Equity 2023: € -762,828 ▲ € 140,792 vs 2022 (€ -903,620) Favourable step	€ -621,296 Equity 2024: € -621,296 ▲ € 141,532 vs 2023 (€ -762,828) Favourable step	€ -480,143 Equity 2025: € -480,143 ▲ € 141,153 vs 2024 (€ -621,296) Favourable step	▲ € 141,153
Total debts	€ 6,959,096 Total debts 2022: € 6,959,096 First fiscal year in the series	€ 6,829,990 Total debts 2023: € 6,829,990 ▼ 2% vs 2022 (€ 6,959,096) Favourable step	€ 6,764,706 Total debts 2024: € 6,764,706 ▼ 1% vs 2023 (€ 6,829,990) Favourable step	€ 6,661,854 Total debts 2025: € 6,661,854 ▼ 2% vs 2024 (€ 6,764,706) Favourable step	▼ 2%
Cash	€ 1,355 Cash 2022: € 1,355 First fiscal year in the series	€ 16,555 Cash 2023: € 16,555 ▲ € 15,201 vs 2022 (€ 1,355) Favourable step	-	-
Land & buildings	€ 1,069,409 Land & buildings 2022: € 1,069,409 First fiscal year in the series	€ 1,039,861 Land & buildings 2023: € 1,039,861 ▼ 3% vs 2022 (€ 1,069,409) Unchanged	€ 1,010,312 Land & buildings 2024: € 1,010,312 ▼ 3% vs 2023 (€ 1,039,861) Unchanged	€ 980,764 Land & buildings 2025: € 980,764 ▼ 3% vs 2024 (€ 1,010,312) Unchanged	▼ 3%
Retained profit	€ -916,020 Retained profit 2022: € -916,020 First fiscal year in the series	€ -775,228 Retained profit 2023: € -775,228 ▲ € 140,792 vs 2022 (€ -916,020) Favourable step	€ -633,696 Retained profit 2024: € -633,696 ▲ € 141,532 vs 2023 (€ -775,228) Favourable step	€ -492,543 Retained profit 2025: € -492,543 ▲ € 141,153 vs 2024 (€ -633,696) Favourable step	▲ € 141,153
Bank debt	€ 631,750 Bank debt 2022: € 631,750 First fiscal year in the series	€ 565,250 Bank debt 2023: € 565,250 ▼ 11% vs 2022 (€ 631,750) Favourable step	€ 498,750 Bank debt 2024: € 498,750 ▼ 12% vs 2023 (€ 565,250) Favourable step	€ 432,250 Bank debt 2025: € 432,250 ▼ 13% vs 2024 (€ 498,750) Favourable step	▼ 13%
Balance sheet total	€ 6,055,476 Balance sheet total 2022: € 6,055,476 First fiscal year in the series	€ 6,067,162 Balance sheet total 2023: € 6,067,162 Unchanged (€ 6,055,476) Unchanged	€ 6,143,411 Balance sheet total 2024: € 6,143,411 ▲ 1% vs 2023 (€ 6,067,162) Unchanged	€ 6,181,711 Balance sheet total 2025: € 6,181,711 ▲ 1% vs 2024 (€ 6,143,411) Unchanged	▲ 1%

Key figures of KORINVEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to KORINVEST?

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

Jan 31, 2026 New annual accounts for financial year 2025: profit of € 141,153. filed late Source: NBB ↗
Oct 27, 2009 New establishment in Kortrijk. KBO
Oct 27, 2009 Start of the company according to the CBE. KBO

In short

From € 132,517 profit in 2022 to € 141,153 profit in 2025.

Best year ever: 2024, with € 141,532 profit.

Original PDFs at the National Bank ↗

Management

Paul Steeland

KORINVEST

Harbo 76.6%

Behind KORINVEST is Paul Steeland. It owns 76.6% of Harbo itself.

Directors

According to the 2025 annual accounts

Paul Steeland

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Gentsesteenweg 69

8530 Harelbeke

2.183.158.709

Sint-Elooisdreef(Kor) 14

8500 Kortrijk

Active since 27 October 2009

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

STEEBEL

€ 16,184 gross margin · 2025

NOTARISPARK

Huyze Verde

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

Details

Company number

0820.076.602

VAT number

BE 0820.076.602

Registered office

Gentsesteenweg 69, 8530 Harelbeke

Names & denominations

KORINVEST

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 October 2009

Peppol

Active · Active since 29 Nov 2025

Activities · NACE

Algemene bouw van residentiële gebouwen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Activiteiten van adviesbureaus op het gebied van public relations en communicatie

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Adviesbureaus op het gebied van public relations en communicatie

View on CBE Public ↗ Annual accounts (NBB) ↗

KORINVEST

Warning lights

Financials

What happened to KORINVEST?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions