Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
KORIKAN from Zwalm, company number BE0874677506, closed financial year 2025 with a result of € -27,362 after tax. For that financial year KORIKAN recorded a gross margin of € -6,738 and equity of € 49,095. Compared with financial year 2024, the result moved from € -10,406 to € -27,362. The company made a loss. 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 June 27, 2026.
€ 49,095
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27,362
▼ 163 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,239
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 30,495.
People and assets in 2025
€ 232
▲ 2% 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.
€ 2,726
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5,535
▼ 84% vs 2024
Loans from banks and other lenders, long and short.
€ 462
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 69,796 | € 50,584 | € 17,007 | € -6,738 | ▼ € 23,745 |
| Profit after taxes | € 33,676 | € 21,390 | € -10,406 | € -27,362 | ▼ € 16,956 |
| Equity | € 65,473 | € 86,863 | € 76,457 | € 49,095 | ▼ 36% |
| Total debts | € 98,753 | € 77,270 | € 48,380 | € 22,702 | ▼ 53% |
| Cash | € 48,569 | € 55,867 | € 42,362 | € 1,239 | ▼ 97% |
| Land & buildings | € 39,229 | € 22,117 | € 17,105 | € 7,950 | ▼ 54% |
| Retained profit | € 46,873 | € 68,263 | € 57,857 | € 30,495 | ▼ 47% |
| Bank debt | € 74,626 | € 53,047 | € 35,139 | € 5,535 | ▼ 84% |
| Balance sheet total | € 164,226 | € 164,133 | € 124,837 | € 71,797 | ▼ 42% |
Key figures of KORIKAN, 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 KORIKAN?
What happened at KORIKAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 27,362. Source: NBB ↗
- New establishment in Zwalm. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,676 profit in 2022 to € 27,362 loss in 2025.
Paid € 8,323 in corporate taxes since 2022.
Best year ever: 2022, with € 33,676 profit.
Establishments
Establishment units
Physical locations of this company
Meilegemstraat(Meil) 10
9630 Zwalm
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Domain
Domain
koriander-kaneel.com
Registered
2004-10-11
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-10-11
Website info
Features
Security
Details
- Company number
- 0874.677.506
- VAT number
- BE 0874.677.506
- Registered office
- Meilegemstraat(Meil) 10, 9630 Zwalm
- Names & denominations
- KORIKAN
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 15 June 2005
- Peppol
- Active · Active since 5 May 2025
- Activities · NACE
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Catering
Overige eetgelegenheden
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Verhuur en lease van vaat- en glaswerk, keuken- en tafelgerei, elektrische huishoudapparaten en andere huishoudelijke benodigdheden
Catering van evenementen
Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
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