Financials
Financial year 2025
Korma Solar from Leuven, company number BE0834559393, closed financial year 2025 with a result of € 107,155 after tax. For that financial year Korma Solar recorded a gross margin of € 235,501 and equity of € 388,536. Compared with financial year 2024, the result moved from € 59,020 to € 107,155. Profitable, and profit is growing. 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 May 31, 2026.
€ 388,536
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 107,155
▲ 82% vs 2024
Profit after tax over the fiscal year.
€ 485,788
▲ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 968
▲ 230% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,350
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,440
▲ 271% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,641
▲ 168% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 261,277 | € 173,564 | € 165,215 | € 235,501 | ▲ 43% |
| Profit after taxes | € 129,740 | € 65,103 | € 59,020 | € 107,155 | ▲ 82% |
| Equity | € 357,257 | € 422,361 | € 481,381 | € 388,536 | ▼ 19% |
| Total debts | € 257,074 | € 38,099 | € 20,521 | € 242,624 | ▲ € 222,103 |
| Cash | € 329,289 | € 243,923 | € 343,637 | € 485,788 | ▲ 41% |
| Retained profit | € 337,257 | € 402,361 | € 461,381 | € 368,536 | ▼ 20% |
| Dividend | € 220,000 | € 0 | € 0 | € 200,000 | |
| Balance sheet total | € 614,331 | € 460,459 | € 501,902 | € 631,160 | ▲ 26% |
Key figures of Korma Solar, 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 Korma Solar?
What happened at Korma Solar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 107,155 (▲ 82% vs 2024). Source: NBB ↗
- Marc Wouters became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 129,740 profit in 2022 to € 107,155 profit in 2025.
Paid € 128,123 in corporate taxes since 2022.
Best year ever: 2022, with € 129,740 profit.
Paid out € 420,000 in dividends to the owners in total.
A new publication or filing at Korma Solar? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of KORMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Korma SolarBehind Korma Solar is Marc Wouters. The shares are held by KORMA (49%).
Establishments
Establishment units
Physical locations of this company
Leopold Decouxlaan 113
3012 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0834.559.393
- VAT number
- BE 0834.559.393
- Registered office
- Leopold Decouxlaan 113, 3012 Leuven
- Names & denominations
- Korma Solar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 2011
- Peppol
- Active · Active since 14 Feb 2025
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen