KORAMIC DEVELOPMENT PROJECTS
ActiveSummary
KORAMIC DEVELOPMENT PROJECTS has been active since 1960 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9k and a net result of €227k. Equity is shrinking by ~77.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 17% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability39▲+8
Solvency25▲+1
Growth72=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 5.86 against 3.17 in 2023; short-term debt: 16.2% and cash: 6.7% of total assets), but 100% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
0%
Return on assets
0.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 4809 sector peers (2024).
NBB · sector comparisonPosition among 4809 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
29 d early
2022
39 d early
2021
30 d early
2020
38 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€15.71M▲ 49.1%
2023 · €10.54M
2018: €50klowest in 7 years
2019: €165k▲ +230% vs 2018
2020: €50k▼ -69.7% vs 2019lowest in 7 years
2021: €1.49M▲ +2883% vs 2020
2022: €8.92M▲ +498% vs 2021
2023: €10.54M▲ +18.1% vs 2022
2024: €15.71M▲ +49.1% vs 2023highest in 7 years
2018 → 2024
EBIT margin
10.4%▲ 8.9pp
2023 · 1.5%
2018: -349.2%lowest in 7 years
2019: -0.6%▲ +99.8% vs 2018
2020: -30.4%▼ -5366% vs 2019
2021: -127.5%▼ -319% vs 2020
2022: -8.3%▲ +93.5% vs 2021
2023: 1.5%▲ +118% vs 2022
2024: 10.4%▲ +614% vs 2023highest in 7 years
2018 → 2024
Net result
€227k
2023 · €-586k
2018: €-4.54M
2019: €-7.57M▼ -66.6% vs 2018lowest in 7 years
2020: €-974k▲ +87.1% vs 2019
2021: €-1.66M▼ -70.6% vs 2020
2022: €-1.33M▲ +20.1% vs 2021
2023: €-586k▲ +55.8% vs 2022
2024: €227k▲ +139% vs 2023highest in 7 years
2018 → 2024
Working capital
€24.19M▲ 64.6%
2023 · €14.70M
2018: €-37.11Mlowest in 7 years
2019: €437k▲ +101% vs 2018
2020: €1.87M▲ +329% vs 2019
2021: €1.11M▼ -40.6% vs 2020
2022: €7.92M▲ +612% vs 2021
2023: €14.70M▲ +85.7% vs 2022
2024: €24.19M▲ +64.6% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€50k-€1.49M▲ 2,883%€8.92M▲ 498%€10.54M▲ 18.1%€15.71M▲ 49.1%
2020: €50klowest in 5 years
2021: €1.49M▲ +2883% vs 2020
2022: €8.92M▲ +498% vs 2021
2023: €10.54M▲ +18.1% vs 2022
2024: €15.71M▲ +49.1% vs 2023highest in 5 years
Equity€3.36M-€1.70M▼ 49.5%€368k▼ 78.3%€-218k€9k
2020: €3.36Mhighest in 5 years
2021: €1.70M▼ -49.5% vs 2020
2022: €368k▼ -78.3% vs 2021
2023: €-218k▼ -159% vs 2022lowest in 5 years
2024: €9k▲ +104% vs 2023
Operating result€-15k-€-1.90M▼ 12,404%€-736k▲ 61.3%€153k€1.63M▲ 965%
2020: €-15k
2021: €-1.90M▼ -12404% vs 2020lowest in 5 years
2022: €-736k▲ +61.3% vs 2021
2023: €153k▲ +121% vs 2022
2024: €1.63M▲ +965% vs 2023highest in 5 years
Net result€-974k-€-1.66M▼ 70.6%€-1.33M▲ 20.1%€-586k▲ 55.8%€227k
2020: €-974k
2021: €-1.66M▼ -70.6% vs 2020lowest in 5 years
2022: €-1.33M▲ +20.1% vs 2021
2023: €-586k▲ +55.8% vs 2022
2024: €227k▲ +139% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 965% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30.66M
Fixed assets
€1.50M =
Current assets
€29.16M ▲ 35.8%
Equity and liabilities €30.66M
Equity
€9k
Provisions
€128k
Debt
€30.53M
Debt finances 99.6% of the balance-sheet total.
Key figures and ratios
Current ratio
5.86▲
2023 · 3.17
Quick ratio
1.05▲
2023 · 0.68
ROA
0.7%▲
2023 · -2.6%
Debt ≤ 1 year
€4.98M▼
2023 · €6.78M
Debt > 1 year
€25.54M▲
2023 · €16.42M
Income taxes
€310
A ratio outside any meaningful range has been withheld (balance sheet total €30.66M, equity €9k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 66 lines
Balance sheet
Code20232024
Assets
Total assets20/58€22.98M€30.66M▲
Fixed assets21/28€1.50M€1.50M=
Financial fixed assets28€1.50M€1.50M=
Affiliated companies280/1€1.50M€1.50M=
Participating interests280€1.50M€1.50M=
Current assets29/58€21.48M€29.16M▲
Stocks and contracts in progress3€16.88M€23.96M▲
Stocks30/36€16.88M€23.96M▲
Property held for sale35€16.88M€23.96M▲
Amounts receivable within one year40/41€650k€2.94M▲
Trade receivables40€640k€2.94M▲
Other amounts receivable41€11k-
Cash at bank and in hand54/58€3.35M€2.06M▼
Deferred charges and accrued income490/1€597k€208k▼
Equity and liabilities
Total equity and liabilities10/49€22.98M€30.66M▲
Equity10/15€-218k€9k▲
Contributions10/11€29.84M€29.84M=
Capital10€29.84M€29.84M=
Issued capital100€29.84M€29.84M=
Reserves13€4.21M€4.21M=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Tax-exempt reserves132€4.19M€4.19M=
Profit (loss) carried forward14€-34.27M€-34.04M▲
Provisions and deferred taxes16-€128k
Provisions for liabilities and charges160/5-€128k
Other liabilities and charges164/5-€128k
Amounts payable17/49€23.19M€30.53M▲
Amounts payable after more than one year17€16.42M€25.54M▲
Financial debts170/4€16.42M€25.54M▲
Credit institutions173€3.41M€3.66M▲
Other loans174€13.01M€21.88M▲
Amounts payable within one year42/48€6.78M€4.98M▼
Current portion of amounts payable after more than one year42-€35k
Trade debts44€6.62M€4.53M▼
Suppliers440/4€6.62M€4.53M▼
Taxes, remuneration and social security45€156k€409k▲
Taxes450/3€156k€407k▲
Remuneration and social security454/9-€2k
Accrued charges and deferred income492/3-€12k
Income statement
Code20232024
Operating income70/76A€10.54M€15.71M▲
Turnover70€10.54M€15.71M▲
Other operating income74-€330
Operating charges60/66A€10.38M€14.08M▲
Goods for resale, raw materials and consumables60€6.91M€10.01M▲
Purchases600/8€15.42M€17.08M▲
Change in stocks: decrease (increase)609€-8.52M€-7.07M▲
Services and other goods61€3.02M€3.90M▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€128k
Other operating charges640/8€455k€41k▼
Operating profit (loss)9901€153k€1.63M▲
Financial income75/76B€71k€48k▼
Recurring financial income75€71k€48k▼
Income from current assets751-€1k
Other financial income752/9€71k€47k▼
Financial charges65/66B€810k€1.45M▲
Recurring financial charges65€810k€1.45M▲
Debt charges650€628k€1.16M▲
Other financial charges652/9€182k€290k▲
Profit (loss) for the period before taxes9903€-586k€227k▲
Income taxes67/77-€310
Taxes670/3-€310
Profit (loss) for the period9904€-586k€227k▲
Profit (loss) for the period to be appropriated9905€-586k€227k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34.27M€-34.04M▲
Profit (loss) brought forward from the previous period14P€-33.68M€-34.27M▼
The notes to these accounts (32 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €1.49M | €8.92M | €10.54M | €15.71M | ▲ 49.1% |
| Turnover70 | €50k | €1.49M | €8.92M | €10.54M | €15.71M | ▲ 49.1% |
| Other operating income74 | - | - | - | - | €330 | - |
| Operating charges60/66A | - | €3.39M | €9.66M | €10.38M | €14.08M | ▲ 35.6% |
| Goods for resale, raw materials and consumables60 | - | €898k | €6.78M | €6.91M | €10.01M | ▲ 44.9% |
| Purchases600/8 | - | €7.12M | €8.93M | €15.42M | €17.08M | ▲ 10.7% |
| Change in stocks: decrease (increase)609 | - | €-6.22M | €-2.15M | €-8.52M | €-7.07M | ▲ 17.0% |
| Services and other goods61 | - | €2.49M | €2.82M | €3.02M | €3.90M | ▲ 29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €128k | - |
| Other operating charges640/8 | - | €6k | €55k | €455k | €41k | ▼ 90.9% |
| Operating profit (loss)9901 | €-15k | €-1.90M | €-736k | €153k | €1.63M | ▲ 965% |
| Financial income75/76B | - | €1.69M | €5.12M | €71k | €48k | ▼ 32.1% |
| Recurring financial income75 | €120.25M | €22k | €79k | €71k | €48k | ▼ 32.1% |
| Income from financial fixed assets750 | - | €7k | - | - | - | - |
| Income from current assets751 | - | €15k | €1k | - | €1k | - |
| Other financial income752/9 | - | €719 | €78k | €71k | €47k | ▼ 33.6% |
| Non-recurring financial income76B | - | €1.67M | €5.04M | - | - | - |
| Financial charges65/66B | - | €1.45M | €5.71M | €810k | €1.45M | ▲ 79.1% |
| Recurring financial charges65 | €120.95M | €108k | €337k | €810k | €1.45M | ▲ 79.1% |
| Debt charges650 | €2.49M | €1k | €164k | €628k | €1.16M | ▲ 84.9% |
| Other financial charges652/9 | - | €107k | €173k | €182k | €290k | ▲ 59.2% |
| Non-recurring financial charges66B | - | €1.34M | €5.37M | - | - | - |
| Profit (loss) for the period before taxes9903 | €-714k | €-1.66M | €-1.33M | €-586k | €227k | ▲ 139% |
| Income taxes67/77 | €260k | €-862 | - | - | €310 | - |
| Taxes670/3 | - | - | - | - | €310 | - |
| Tax adjustments and reversals of tax provisions77 | - | €862 | - | - | - | - |
| Profit (loss) for the period9904 | €-974k | €-1.66M | €-1.33M | €-586k | €227k | ▲ 139% |
| Profit (loss) for the period to be appropriated9905 | €-974k | €-1.66M | €-1.33M | €-586k | €227k | ▲ 139% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.65M | €10.73M | €13.55M | €22.98M | €30.66M | ▲ 33.5% |
| Fixed assets21/28 | €1.49M | €584k | €1.50M | €1.50M | €1.50M | = |
| Financial fixed assets28 | €1.49M | €584k | €1.50M | €1.50M | €1.50M | = |
| Affiliated companies280/1 | - | €584k | €1.50M | €1.50M | €1.50M | = |
| Participating interests280 | - | €584k | €1.50M | €1.50M | €1.50M | = |
| Current assets29/58 | €2.16M | €10.15M | €12.05M | €21.48M | €29.16M | ▲ 35.8% |
| Stocks and contracts in progress3 | - | €6.22M | €8.37M | €16.88M | €23.96M | ▲ 41.9% |
| Stocks30/36 | - | €6.22M | €8.37M | €16.88M | €23.96M | ▲ 41.9% |
| Property held for sale35 | - | €6.22M | €8.37M | €16.88M | €23.96M | ▲ 41.9% |
| Amounts receivable within one year40/41 | €1.92M | €3.57M | €423k | €650k | €2.94M | ▲ 353% |
| Trade receivables40 | - | €104k | €378k | €640k | €2.94M | ▲ 360% |
| Other amounts receivable41 | - | €3.46M | €45k | €11k | - | - |
| Cash at bank and in hand54/58 | €225k | €108k | €3.08M | €3.35M | €2.06M | ▼ 38.5% |
| Deferred charges and accrued income490/1 | - | €252k | €171k | €597k | €208k | ▼ 65.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.65M | €10.73M | €13.55M | €22.98M | €30.66M | ▲ 33.5% |
| Equity10/15 | €3.36M | €1.70M | €368k | €-218k | €9k | ▲ 104% |
| Contributions10/11 | €29.84M | €29.84M | €29.84M | €29.84M | €29.84M | = |
| Capital10 | - | €29.84M | €29.84M | €29.84M | €29.84M | = |
| Issued capital100 | - | €29.84M | €29.84M | €29.84M | €29.84M | = |
| Reserves13 | €4.21M | €4.21M | €4.21M | €4.21M | €4.21M | = |
| Non-distributable reserves130/1 | - | €16k | €16k | €16k | €16k | = |
| Legal reserve130 | - | €16k | €16k | €16k | €16k | = |
| Tax-exempt reserves132 | - | €4.19M | €4.19M | €4.19M | €4.19M | = |
| Profit (loss) carried forward14 | €-30.69M | €-32.36M | €-33.68M | €-34.27M | €-34.04M | ▲ 0.7% |
| Provisions and deferred taxes16 | - | - | - | - | €128k | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €128k | - |
| Other liabilities and charges164/5 | - | - | - | - | €128k | - |
| Amounts payable17/49 | €293k | €9.04M | €13.18M | €23.19M | €30.53M | ▲ 31.6% |
| Amounts payable after more than one year17 | - | - | €9.05M | €16.42M | €25.54M | ▲ 55.6% |
| Financial debts170/4 | - | - | €9.05M | €16.42M | €25.54M | ▲ 55.6% |
| Credit institutions173 | - | - | €1.69M | €3.41M | €3.66M | ▲ 7.5% |
| Other loans174 | - | - | €7.36M | €13.01M | €21.88M | ▲ 68.2% |
| Amounts payable within one year42/48 | €293k | €9.04M | €4.13M | €6.78M | €4.98M | ▼ 26.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €35k | - |
| Financial debts43 | - | €206k | - | - | - | - |
| Credit institutions430/8 | - | €206k | - | - | - | - |
| Trade debts44 | €23k | €1.36M | €3.91M | €6.62M | €4.53M | ▼ 31.6% |
| Suppliers440/4 | - | €1.36M | €3.91M | €6.62M | €4.53M | ▼ 31.6% |
| Taxes, remuneration and social security45 | - | - | €227k | €156k | €409k | ▲ 162% |
| Taxes450/3 | - | - | €227k | €156k | €407k | ▲ 161% |
| Remuneration and social security454/9 | - | - | - | - | €2k | - |
| Other amounts payable47/48 | - | €7.47M | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €382 | €135 | - | €12k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-974k | €-1.66M | €-1.33M | €-586k | €227k | ▲ 139% |
| + Depreciation and write-downs630 | €25k | - | - | - | - | - |
| Operating cash flow (approximation) | €-949k | €-1.66M | €-1.33M | €-586k | €227k | ▲ 139% |
| Investment in fixed assets (approximation) | - | €902k | €-916k | €0 | €0 | - |
| Change in cash | - | €-117k | €2.98M | €261k | €-1.29M | ▼ 594% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
10-08
State Gazette act
Appointment: Boes & Verrue Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Yannick Boes · Resignation: Boes & Verrue Bedrijfsrevisoren BV (statutory auditor)4 facts ▸
State Gazette act
Appointment: Boes & Verrue Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Yannick Boes · Resignation: Boes & Verrue Bedrijfsrevisoren BV (statutory auditor)4 facts ▸
- Shareholder decision, 23/05/2026
- Auditor appointment, Boes & Verrue Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Yannick Boes
- Auditor resignation, Boes & Verrue Bedrijfsrevisoren BV
09-02
State Gazette act
Resignations: Christian DUMOLIN (bestuurder, gedelegeerd bestuurder en voorzitter van de raad van bestuur) and BERT WEEMAES (director)Appointments: KORAMIC REAL ESTATE INVESTMENT, PATRIOS and Carl VAN DEN EYNDE · Permanent representatives: Christian DUMOLIN and Peter Alain ARTOIS · Name change18 facts ▸
State Gazette act
Resignations: Christian DUMOLIN (bestuurder, gedelegeerd bestuurder en voorzitter van de raad van bestuur) and BERT WEEMAES (director)
Appointments: KORAMIC REAL ESTATE INVESTMENT, PATRIOS and Carl VAN DEN EYNDE · Permanent representatives: Christian DUMOLIN and Peter Alain ARTOIS · Name change18 facts ▸
- General meeting, 22-12-2025
- Name change, KORAMIC DEVELOPMENT PROJECTS
- Capital increase, €30.000.000
- Bank account, 18-12-2025
- Capital decrease, €4.000.000
- Capital, €55.841.408
- Statutes amendment
- Director resignation, Christian DUMOLIN (bestuurder, gedelegeerd bestuurder en voorzitter van de raad van bestuur)
- Director appointment, KORAMIC REAL ESTATE INVESTMENT (director)
- Permanent representative, Christian DUMOLIN
- Director appointment, PATRIOS (director)
- Permanent representative, Peter Alain ARTOIS
- +6 further facts in this act
2025
15-09
State Gazette act
Reappointment: Carl Van den Eynde (director)Resignations: Kouter Services BV, VDB Advisory CommV. and Oliver Management Consulting BV · Permanent representatives: Cathy Vincent, Dimitri Van den Bossche and 2 others · Appointment: Edge of Change BV (director)10 facts ▸
State Gazette act
Reappointment: Carl Van den Eynde (director)
Resignations: Kouter Services BV, VDB Advisory CommV. and Oliver Management Consulting BV · Permanent representatives: Cathy Vincent, Dimitri Van den Bossche and 2 others · Appointment: Edge of Change BV (director)10 facts ▸
- General meeting, 24-05-2025
- Director reappointment, Carl Van den Eynde (director)
- Director resignation, Kouter Services BV (director)
- Permanent representative, Cathy Vincent
- Director resignation, VDB Advisory CommV. (director)
- Permanent representative, Dimitri Van den Bossche
- Director resignation, Oliver Management Consulting BV (director)
- Permanent representative, Bart Vermeulen
- Director appointment, Edge of Change BV (director)
- Permanent representative, Pieter Blondeel
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €227k
Net result €227k after 6 loss-making years.
19-09
State Gazette act
Appointments: Oliver Management Consulting BV, Carl Van den Eynde and 2 othersPermanent representatives: Bart Vermeulen, Jimmy Sterckx and 2 others · Resignation: Sterckx Business Services BV (director and managing director)12 facts ▸
State Gazette act
Appointments: Oliver Management Consulting BV, Carl Van den Eynde and 2 others
Permanent representatives: Bart Vermeulen, Jimmy Sterckx and 2 others · Resignation: Sterckx Business Services BV (director and managing director)12 facts ▸
- General meeting, 25-05-2024
- Director appointment, Oliver Management Consulting BV (director)
- Permanent representative, Bart Vermeulen
- Board meeting, 13-06-2024
- Director resignation, Sterckx Business Services BV (director and managing director)
- Permanent representative, Jimmy Sterckx
- Director appointment, Carl Van den Eynde (director)
- Director appointment, Carl Van den Eynde (managing director)
- Director appointment, Kouter Services BV (managing director)
- Permanent representative, Cathy Vincent
- Director appointment, VdB Advisory Comm. V. (managing director)
- Permanent representative, Dimitri Van den Bossche
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
07-03
State Gazette act
Appointment: Christian Lecluyse (director)2 facts ▸
State Gazette act
Appointment: Christian Lecluyse (director)
2 facts ▸
- General meeting, 23-01-2024
- Director appointment, Christian Lecluyse (director)
09-02
State Gazette act
Appointment: Sterckx Business Services BV (director)Permanent representative: Jimmy Sterckx · Resignation: Oliver Management Consulting BV (managing director)6 facts ▸
State Gazette act
Appointment: Sterckx Business Services BV (director)
Permanent representative: Jimmy Sterckx · Resignation: Oliver Management Consulting BV (managing director)6 facts ▸
- General meeting, 10-01-2024
- Director appointment, Sterckx Business Services BV (director)
- Permanent representative, Jimmy Sterckx
- Board meeting, 10-01-2024
- Director resignation, Oliver Management Consulting BV (managing director)
- Director appointment, Sterckx Business Services BV (managing director)
2023
23-11
State Gazette act
Resignation: THred BV (director and managing director)Permanent representatives: Antoon Honings and Bart Vermeulen · Appointment: Oliver Management Consulting BV (director)6 facts ▸
State Gazette act
Resignation: THred BV (director and managing director)
Permanent representatives: Antoon Honings and Bart Vermeulen · Appointment: Oliver Management Consulting BV (director)6 facts ▸
- Board meeting, 31-10-2023
- Director resignation, THred BV (director and managing director)
- Permanent representative, Antoon Honings
- Director appointment, Oliver Management Consulting BV (director)
- Permanent representative, Bart Vermeulen
- Director appointment, Oliver Management Consulting BV (managing director)
02-08
State Gazette act
Reappointment: Boes Joseph-Michel Bedrijfsrevisor BV (statutory auditor)Permanent representatives: Joseph-Michel Boes and Antoon Honings4 facts ▸
State Gazette act
Reappointment: Boes Joseph-Michel Bedrijfsrevisor BV (statutory auditor)
Permanent representatives: Joseph-Michel Boes and Antoon Honings4 facts ▸
- General meeting, 27-05-2023
- Auditor reappointment, Boes Joseph-Michel Bedrijfsrevisor BV
- Permanent representative, Joseph-Michel Boes
- Permanent representative, Antoon Honings
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Show earlier events
2022
31-12
Financial
Liquidity triplescurrent ratio 2.92
Current ratio from 1.12 to 2.92; short-term debt falls from €9.04M to €4.13M.
12-12
State Gazette act
Resignations: Odon BV, NVE BV and Oliver Management Consulting BVAppointments: Thred BV (director) and Kouter Services BV (director)7 facts ▸
State Gazette act
Resignations: Odon BV, NVE BV and Oliver Management Consulting BV
Appointments: Thred BV (director) and Kouter Services BV (director)7 facts ▸
- Board meeting, 18-11-2022
- Director resignation, Odon BV (director and managing director)
- Director resignation, NVE BV (director)
- Director resignation, Oliver Management Consulting BV (director)
- Director appointment, Thred BV (director)
- Director appointment, Kouter Services BV (director)
- Director appointment, Thred BV (managing director)
16-09
State Gazette act
Resignation: Liberty Associates SRL (director and managing director)Appointment: Odon BV (managing director) · Permanent representatives: Hilde Famaey and Yves Van Hooland5 facts ▸
State Gazette act
Resignation: Liberty Associates SRL (director and managing director)
Appointment: Odon BV (managing director) · Permanent representatives: Hilde Famaey and Yves Van Hooland5 facts ▸
- Board meeting, 01-09-2022
- Director resignation, Liberty Associates SRL (director and managing director)
- Director appointment, Odon BV (managing director)
- Permanent representative, Hilde Famaey
- Permanent representative, Yves Van Hooland
29-07
State Gazette act
Appointments: ODON BV (director) and OLIVER MANAGEMENT CONSULTING BV (director)Permanent representatives: Hilde Famaey and Bart Vermeulen5 facts ▸
State Gazette act
Appointments: ODON BV (director) and OLIVER MANAGEMENT CONSULTING BV (director)
Permanent representatives: Hilde Famaey and Bart Vermeulen5 facts ▸
- General meeting, 24-06-2022
- Director appointment, ODON BV (director)
- Permanent representative, Hilde Famaey
- Director appointment, OLIVER MANAGEMENT CONSULTING BV (director)
- Permanent representative, Bart Vermeulen
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
16-06
State Gazette act
Resignations: Oliver Management Consulting BV (director and managing director) and Bert Weemaes BV (director)Appointments: Liberty Associates SRL, NVE BV and 2 others · Permanent representatives: Yves Van Hooland, Nicolas Van Eupen and Dimitri Van den Bossche12 facts ▸
State Gazette act
Resignations: Oliver Management Consulting BV (director and managing director) and Bert Weemaes BV (director)
Appointments: Liberty Associates SRL, NVE BV and 2 others · Permanent representatives: Yves Van Hooland, Nicolas Van Eupen and Dimitri Van den Bossche12 facts ▸
- General meeting, 15-04-2022
- Director resignation, Oliver Management Consulting BV (director and managing director)
- Director resignation, Bert Weemaes BV (director)
- Director appointment, Liberty Associates SRL (director)
- Permanent representative, Yves Van Hooland
- Director appointment, NVE BV (director)
- Permanent representative, Nicolas Van Eupen
- Director appointment, VdB Advisory Comm.V. (director)
- Permanent representative, Dimitri Van den Bossche
- Board meeting, 15-04-2022
- Director appointment, Christian Dumolin (managing director)
- Director appointment, Liberty Associates SRL (managing director)
2021
01-09
State Gazette act
Resignations: VLAEMMINCK BV (director) and DUMOLIN Christian (managing director)Appointments: BERT WEEMAES (director) and OLIVER Management Consulting (director) · Permanent representatives: WEEMAES Bert and VERMEULEN Bart · Reappointment: DUMOLIN Christian (director)14 facts ▸
State Gazette act
Resignations: VLAEMMINCK BV (director) and DUMOLIN Christian (managing director)
Appointments: BERT WEEMAES (director) and OLIVER Management Consulting (director) · Permanent representatives: WEEMAES Bert and VERMEULEN Bart · Reappointment: DUMOLIN Christian (director)14 facts ▸
- General meeting, 18-08-2021
- Name change, KORAMIC DEVELOPMENT
- Statutes amendment
- Director resignation, VLAEMMINCK BV (director)
- Director appointment, BERT WEEMAES (director)
- Permanent representative, WEEMAES Bert
- Director appointment, OLIVER Management Consulting (director)
- Permanent representative, VERMEULEN Bart
- Director reappointment, DUMOLIN Christian (director)
- Board meeting, 18-08-2021
- Director reappointment, DUMOLIN Christian (chair of the board)
- Director appointment, BERT WEEMAES (managing director)
- +2 further facts in this act
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
01-02
State Gazette act
Statutes amendment · RestructuringMerger · Net-asset statement · Dissolution6 facts ▸
State Gazette act
Statutes amendment · Restructuring
Merger · Net-asset statement · Dissolution6 facts ▸
- Merger, 30-10-2020
- Net-asset statement, 31-12-2019
- Dissolution, 30-10-2020
- Statutes amendment
- Capital, €29.841.408
- Power of attorney, Philippe DEFAUW
2020
31-12
Financial
Liquidity times 6current ratio 7.39
Current ratio from 1.17 to 7.39; short-term debt falls from €2.61M to €293k.
18-11
State Gazette act
Restructuring · End & cessationPermanent representative: Stéphane VLAEMMINCK · Merger · Accounting effect4 facts ▸
State Gazette act
Restructuring · End & cessation
Permanent representative: Stéphane VLAEMMINCK · Merger · Accounting effect4 facts ▸
- Merger, geruisloze fusie, 01-01-2020
- Accounting effect, 01-01-2020
- Permanent representative, Stéphane VLAEMMINCK
- Fiscal regime, fiscaal vrijstellingsregime (art. 211, §1 W.I.B.) en boekhoudkundige continuïteit (art. 3:56 KB van 29 april 2019)
27-10
State Gazette act
Resignation: Veerle Vercaigne (director)Appointments: Vlaemminck BV (director) and Joseph-Michel Bedrijfsrevisor BV (statutory auditor) · Permanent representatives: Stéphane Vlaemminck and Joseph-Michel Boes6 facts ▸
State Gazette act
Resignation: Veerle Vercaigne (director)
Appointments: Vlaemminck BV (director) and Joseph-Michel Bedrijfsrevisor BV (statutory auditor) · Permanent representatives: Stéphane Vlaemminck and Joseph-Michel Boes6 facts ▸
- General meeting, 19-06-2020
- Director resignation, Veerle Vercaigne (director)
- Director appointment, Vlaemminck BV (director)
- Permanent representative, Stéphane Vlaemminck
- Auditor appointment, Joseph-Michel Bedrijfsrevisor BV (statutory auditor)
- Permanent representative, Joseph-Michel Boes
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-7.57M
Net result drops to €-7.57M, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 23current ratio 1.17
Current ratio from 0.05 to 1.17; short-term debt falls from €39.05M to €2.61M.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
20-03
State Gazette act
Resignation: Ivan Van den Bulcke (director)2 facts ▸
State Gazette act
Resignation: Ivan Van den Bulcke (director)
2 facts ▸
- General meeting, 31-01-2018
- Director resignation, Ivan Van den Bulcke (director)
2017
12-09
State Gazette act
Resignations: Deloitte Bedrijfsrevisoren BV, Ivan van den Bulcke and Veerle VercaignePermanent representatives: Kurt Dehoorne and Dirk Van Vlaenderen · Reappointments: Deloitte Bedrijfsrevisoren BV, Ivan van den Bulcke and Veerle Vercaigne9 facts ▸
State Gazette act
Resignations: Deloitte Bedrijfsrevisoren BV, Ivan van den Bulcke and Veerle Vercaigne
Permanent representatives: Kurt Dehoorne and Dirk Van Vlaenderen · Reappointments: Deloitte Bedrijfsrevisoren BV, Ivan van den Bulcke and Veerle Vercaigne9 facts ▸
- General meeting, 27/05/2017
- Director resignation, Deloitte Bedrijfsrevisoren BV (statutory auditor)
- Director resignation, Ivan van den Bulcke (director)
- Director resignation, Veerle Vercaigne (director)
- Permanent representative, Kurt Dehoorne
- Auditor reappointment, Deloitte Bedrijfsrevisoren BV
- Director reappointment, Ivan van den Bulcke (director)
- Director reappointment, Veerle Vercaigne (director)
- Permanent representative, Dirk Van Vlaenderen
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
08-07
State Gazette act
Resignation: Christian Dumolin (director)Reappointment: Christian Dumolin (director) · Appointment: Christian Dumolin (chair)6 facts ▸
State Gazette act
Resignation: Christian Dumolin (director)
Reappointment: Christian Dumolin (director) · Appointment: Christian Dumolin (chair)6 facts ▸
- General meeting, 28-05-2016
- Director resignation, Christian Dumolin (director)
- Director reappointment, Christian Dumolin (director)
- Board meeting, 28-05-2016
- Director appointment, Christian Dumolin (chair)
- Director appointment, Christian Dumolin (managing director)
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
01-12
State Gazette act
Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
State Gazette act
Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
- General meeting, 24-05-2014
- Auditor reappointment, Deloitte Bedrijfsrevisoren BV
2012
22-11
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital decrease · Capital5 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital decrease · Capital5 facts ▸
- General meeting, 29-10-2012
- Capital increase, €40.000.000
- Capital decrease, €10.319.792
- Capital, €29.841.408
- Statutes amendment
29-08
State Gazette act
Resignation: Delox NV (director)Appointment: Veerle Vercaigne (director)3 facts ▸
State Gazette act
Resignation: Delox NV (director)
Appointment: Veerle Vercaigne (director)3 facts ▸
- General meeting, 26-05-2012
- Director resignation, Delox NV (director)
- Director appointment, Veerle Vercaigne (director)
2011
03-11
State Gazette act
Resignation: Clement De Meersman (director)2 facts ▸
State Gazette act
Resignation: Clement De Meersman (director)
2 facts ▸
- Board meeting, 30-07-2011
- Director resignation, Clement De Meersman (director)
01-07
State Gazette act
Reappointments: Ivan Van den Bulcke (director) and Deloitte Bedrijfsrevisoren (statutory auditor)3 facts ▸
State Gazette act
Reappointments: Ivan Van den Bulcke (director) and Deloitte Bedrijfsrevisoren (statutory auditor)
3 facts ▸
- General meeting, 28-05-2011
- Director reappointment, Ivan Van den Bulcke (director)
- Auditor reappointment, Deloitte Bedrijfsrevisoren (statutory auditor)
2010
22-06
State Gazette act
Reappointment: Christian Dumolin (director)5 facts ▸
State Gazette act
Reappointment: Christian Dumolin (director)
5 facts ▸
- General meeting, 22-05-2010
- Director reappointment, Christian Dumolin (director)
- Board meeting, 22-05-2010
- Director reappointment, Christian Dumolin (chair)
- Director reappointment, Christian Dumolin (managing director)
2009
30-11
State Gazette act
Appointment: CLEMENT DE MEERSMAN (director)Resignation: JAN LAGA (director)4 facts ▸
State Gazette act
Appointment: CLEMENT DE MEERSMAN (director)
Resignation: JAN LAGA (director)4 facts ▸
- General meeting, 01-09-2009
- Director appointment, CLEMENT DE MEERSMAN (director)
- Board meeting, 06-10-2009
- Director resignation, JAN LAGA (director)
2007
06-07
State Gazette act
Appointments: Jan Heyse (director) and Delox (director)Resignation: Benoit Tas (director) · Permanent representative: Patrick De Groote6 facts ▸
State Gazette act
Appointments: Jan Heyse (director) and Delox (director)
Resignation: Benoit Tas (director) · Permanent representative: Patrick De Groote6 facts ▸
- General meeting, 19-04-2007
- Director appointment, Jan Heyse (director)
- General meeting, 15-05-2007
- Director resignation, Benoit Tas (director)
- Director appointment, Delox (director)
- Permanent representative, Patrick De Groote
2006
06-03
State Gazette act
Resignations: Levantas (director) and Koramic Holding (director)Appointments: Benoit Tas, Koenraad Van der Elst and 2 others7 facts ▸
State Gazette act
Resignations: Levantas (director) and Koramic Holding (director)
Appointments: Benoit Tas, Koenraad Van der Elst and 2 others7 facts ▸
- General meeting, 01-02-2006
- Director resignation, Levantas (director)
- Director resignation, Koramic Holding (director)
- Director appointment, Benoit Tas (director)
- Director appointment, Koenraad Van der Elst (director)
- Director appointment, Ivan Van den Bulcke (director)
- Director appointment, Christian Dumolin (managing director)
2005
02-08
State Gazette act
Appointment: DELOITTE BEDRIJFSREVISOREN (statutory auditor)Name change · Registered-office move · Purpose change16 facts ▸
State Gazette act
Appointment: DELOITTE BEDRIJFSREVISOREN (statutory auditor)
Name change · Registered-office move · Purpose change16 facts ▸
- General meeting, 13-07-2005
- Name change, Koramic Industries
- Registered-office move, 8500 Kortrijk, Ter Bede Business Center, Kapel ter Bede 84
- Purpose change, Voor eigen rekening, voor rekening van derden of in deelneming met derden, zelf of door bemiddeling van elke andere natuurlijke of rechtspersoon, in Belgie of i…
- Capital, €161.200
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- +4 further facts in this act
2004
27-09
State Gazette act
Permanent representatives: Christian Dumolin and Paul BehetsAppointment: Christian Dumolin (chair)4 facts ▸
State Gazette act
Permanent representatives: Christian Dumolin and Paul Behets
Appointment: Christian Dumolin (chair)4 facts ▸
- Board meeting, 08-09-2004
- Permanent representative, Christian Dumolin
- Permanent representative, Paul Behets
- Director appointment, Christian Dumolin (chair)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
30 of 30 acts read
Directors · office · real estate
Directors
10 directors, no change since 2025
KORAMIC REAL ESTATE INVESTMENT
CurrentDirector · since 22-12-2025 · Public limited company · perm. rep.: Christian DUMOLIN
PATRIOS
CurrentDirector · since 22-12-2025 · Legal entity · perm. rep.: Peter Alain ARTOIS
Edge of Change BV
CurrentDirector · since 24-05-2025 · Legal entity · perm. rep.: Pieter Blondeel
Carl Van den Eynde
CurrentChair of the board · since 13-06-2024
Christian Lecluyse
CurrentDirector · since 01-02-2024
VdB Advisory Comm. V.
CurrentManaging director · since 15-04-2022 · Legal entity · perm. rep.: Dimitri Van den Bossche
4 other directors
OLIVER Management Consulting
CurrentDirector · since 18-08-2021 · Private limited company · perm. rep.: VERMEULEN Bart
Delox
Not recently confirmedDirector · since 15-05-2007 · Legal entity · perm. rep.: Patrick De Groote
Jan Heyse
Not recently confirmedDirector · since 19-04-2007
Koenraad Van der Elst
Not recently confirmedDirector · since 01-02-2006
22-12-2025
KORAMIC REAL ESTATE INVESTMENT: Appointed as Director
22-12-2025
PATRIOS: Appointed as Director
22-12-2025
Carl Van den Eynde: Appointed as Chair of the board
22-12-2025
BERT WEEMAES: Resigned as Director
22-12-2025
BERT WEEMAES: Resigned as Managing director
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 1960
Ground area
1.5 ha
Building footprint
392 m²
Volume, LiDAR
4,504 m³
Parcel 34353B0292/00H000, Flanders · tallest building 12.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Koramic Industries
since 19602.004.791.743
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0292/00H000 | Flanders | 1.5 ha | 1 · 392 m² | 12.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| Boes & Verrue Bedrijfsrevisoren BVCurrent Statutory auditor · represented by Yannick Boes | 10-08-2026 → present |
Show 3 earlier auditors
| BV BOES JOSEPH-MICHEL BEDRIJFSREVISOR Auditor · represented by Joseph-Michel Boes succeeded by Boes & Verrue Bedrijfsrevisoren BV in 2026 | 27-05-2023 → 10-08-2026 |
| DELOITTE Bedrijfsrevisoren BV Auditor succeeded by Joseph-Michel Bedrijfsrevisor BV in 2020 | 13-07-2005 → 19-06-2020 |
| Joseph-Michel Bedrijfsrevisor BV Statutory auditor · represented by Joseph-Michel Boes succeeded by BV BOES JOSEPH-MICHEL BEDRIJFSREVISOR in 2023 | 19-06-2020 → 27-05-2023 |
Articles of association
Purpose
Voor eigen rekening, voor rekening van derden of in deelneming met derden, zelf of door bemiddeling van elke andere natuurlijke of rechtspersoon, in België of in het buitenland…
Full purpose
Voor eigen rekening, voor rekening van derden of in deelneming met derden, zelf of door bemiddeling van elke andere natuurlijke of rechtspersoon, in België of in het buitenland alle prestaties te verrichten die rechtstreeks of onrechtstreeks betrekking hebben op: 1. Het nemen van participaties... 2. Het waarnemen van bestuurs- en vereffeningsmandaten... 3. Het toestaan van leningen... 4. Het oordeelkundig uitbreiden van haar roerend en onroerend patrimonium... 5. Het verlenen van financiële, administratieve, commerciële, juridische, fiscale, technische en consultatieve bijstand... 6. Het uitvoeren van alle studies en onderzoek... 7. Het optreden als tussenpersoon bij de aan- en verkoop van onroerende goederen... 8. Het ontwikkelen, kopen, verkopen, beheer, valoriseren, in licentie nemen of geven van brevetten, octrooien, know-how en andere intellectuele rechten. 9. De uitbating van kleigroeven en de aan- en verkoop van grondstoffen voor de keramische industrie, het uitvoeren van grondwerken. 10. De aan- en verkoop, huur- en verhuur en leasing van machines en materieel. 11. Het ontplooien van alle informatica-activiteiten... 12. Het aan- en verkopen, huren en verhuren en leasen van alle voertuigen, vaartuigen en vliegtuigen.
Structure & network
Connections & network
15 connected companiesThis company
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Shareholding
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Acquisitions and mergers
1 transactionTook over:W-Digital
Capital and shareholders
Shareholders according to the acts
After the capital increase
act of 22-11-2012 ↗
- KORAMIC INVESTMENT GROUP 40,000,000 EUR
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 09-02-2026 Capital increase of 30,000,000 EUR · to 59,841,408 EUR · 115,211 new shares
- 09-02-2026 Capital reduction of 4,000,000 EUR · to 55,841,408 EUR · to absorb losses
- 01-02-2021 Capital stated in the act · 29,841,408 EUR · 114,602 shares
- 22-11-2012 Capital increase of 40,000,000 EUR · to 40,161,200 EUR · 114,142 new shares
- 22-11-2012 Capital reduction of 10,319,792 EUR · to 29,841,408 EUR · “aanzuivering van de geleden verliezen”
- 02-08-2005 Capital stated in the act · 161,200 EUR · 460 shares
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 1,792 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-03-1960
Fiscal year end31-12
Abbreviation NL
KODEV
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68121Development of residential building projects
68122Development of non-residential building projects
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.