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KORYS INVESTMENTS

Active Risk: not assessed
Public limited companyfounded 200521 yrs activeVillalaan 96, 1500 Halle, BelgiumKBO/BCE: BE 0871.963.979
Summary

KORYS INVESTMENTS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.11bn and a net result of €3.5m. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 95% of 2413 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-10-2025, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 d early
2024
14 d early
2023
14 d early
2022
12 d early
2021
11 d early
2020
9 d early
2019
9 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

KORYS INVESTMENTS was incorporated on 17 February 2005 by D.I.M., H.I.M. and H.I.M. TWEE, with a starting capital of EUR 8 million.12 The registered office moved to Huizingen in 2010 and to Halle in 2018.34 In 2013 the capital was increased by EUR 543 million to EUR 612 million.5 The name was changed to Korys Investments in 2017.6 Total assets rose from EUR 675 million in 2019 to EUR 1.1 billion in 2025 and headcount from 16.2 to 25.6 full-time equivalents.7

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 28-02-2005
  3. 3Belgian State Gazette, 20-05-2010
  4. 4Belgian State Gazette, 27-11-2018
  5. 5Belgian State Gazette, 21-01-2013
  6. 6Belgian State Gazette, 10-05-2017
  7. 7National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, full schema

Equity
€1.11bn▲ 0.3%
2024 · €1.11bn
Net result
€3.5m▼ 99.2%
2024 · €417.0m
Total assets
€1.11bn▲ 0.4%
2024 · €1.11bn
Solvency
99.6%▼ 0.1pp
2024 · 99.7%
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€2.1m▲ 623%€840,715▼ 59.2%€1.4m▲ 63.7%€1.3m▼ 2.0%€1.1m▼ 14.7%
Operating result-€9.4m▲ 17.0%-€9.2m▲ 1.9%-€9.5m▼ 2.9%-€10.6m▼ 12.1%-€12.5m▼ 17.3%
Net result€27.4m▼ 83.9%€65.8m▲ 140%€44.5m▼ 32.3%€417.0m▲ 836%€3.5m▼ 99.2%
Equity€579.7m▲ 5.0%€645.5m▲ 11.4%€690.1m▲ 6.9%€1.11bn▲ 60.4%€1.11bn▲ 0.3%
Total assets€758.5m▲ 18.4%€713.3m▼ 6.0%€759.8m▲ 6.5%€1.11bn▲ 46.1%€1.11bn▲ 0.4%
Debt€178.7m▲ 103%€67.7m▼ 62.1%€69.6m▲ 2.8%€2.8m▼ 96.0%€3.8m▲ 35.3%
Working capital-€4.6m€106.4m€104.2m▼ 2.1%€397.4m▲ 281%€239.4m▼ 39.7%
Solvency76.4%▼ 9.8pp90.5%▲ 14.1pp90.8%▲ 0.3pp99.7%▲ 8.9pp99.6%▼ 0.1pp
Staff (FTE)19.620.7▲ 5.6%19.1▼ 7.7%19.8▲ 3.7%25.6▲ 29.3%
Result per fiscal year
Operating resultNet result
-€200.0m€0€200.0m€400.0mOperating result 2021: -€9.4m-€9.4mNet result 2021: €27.4m€27.4mOperating result 2022: -€9.2m-€9.2mNet result 2022: €65.8m€65.8mOperating result 2023: -€9.5m-€9.5mNet result 2023: €44.5m€44.5mOperating result 2024: -€10.6m-€10.6mNet result 2024: €417.0m€417.0mOperating result 2025: -€12.5m-€12.5mNet result 2025: €3.5m€3.5m20212022202320242025-€200m€0€200m€400mOperating result 2023: -€9.5m-€9.5mNet result 2023: €44.5m€45mOperating result 2024: -€10.6m-€11mNet result 2024: €417.0m€417mOperating result 2025: -€12.5m-€12mNet result 2025: €3.5m€3.5m202320242025
The operating result stays negative: a loss of €12.5m in 2025 against €10.6m in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.11bn
Fixed assets €873.7m ▲ 22.8%
Current assets €240.9m ▼ 39.6%
Equity and liabilities €1.11bn
Equity €1.11bn ▲ 0.3%
Provisions €195,727 ▲ 12.7%
Debt €3.8m ▲ 35.3%
Debt's share of the balance-sheet total rises from 0.3% to 0.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
0.3%▼
2024 · 37.7%
ROA
0.3%▼
2024 · 37.6%
Debt ≤ 1 year
€1.5m▲
2024 · €1.4m
Income taxes
€76,087▲
2024 · €4,339
Staff costs
€7.5m▲
2024 · €5.4m
A ratio outside any meaningful range has been withheld (balance sheet total €1.11bn, equity €1.11bn).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 83 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.11bn€1.11bn▲
Fixed assets21/28€711.3m€873.7m▲
Intangible fixed assets21€38,748€29,061▼
Tangible fixed assets22/27€752,243€890,131▲
Plant, machinery and equipment23€73,240€65,065▼
Furniture and vehicles24€653,144€764,256▲
Other tangible fixed assets26€25,860€60,811▲
Financial fixed assets28€710.5m€872.7m▲
Affiliated companies280/1€550.9m€542.1m▼
Participating interests280€550.9m€542.1m▼
Companies linked by participating interests282/3€101.2m€134.3m▲
Participating interests282€99.1m€132.8m▲
Amounts receivable283€2.1m€1.5m▼
Other financial fixed assets284/8€58.4m€196.3m▲
Shares284€58.4m€196.3m▲
Current assets29/58€398.7m€240.9m▼
Amounts receivable after more than one year29€494,404€0▼
Other amounts receivable291€494,404€0▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€277.2m€142.1m▼
Trade receivables40€436,161€336,987▼
Other amounts receivable41€276.8m€141.8m▼
Current investments50/53€119.8m€95.0m▼
Other investments51/53€119.8m€95.0m▼
Cash at bank and in hand54/58€335,181€3.3m▲
Deferred charges and accrued income490/1€888,999€464,852▼
Equity and liabilities
Total equity and liabilities10/49€1.11bn€1.11bn▲
Equity10/15€1.11bn€1.11bn▲
Contributions10/11€320.0m€320.0m=
Capital10€320.0m€320.0m=
Issued capital100€320.0m€320.0m=
Reserves13€32.0m€32.0m=
Non-distributable reserves130/1€32.0m€32.0m=
Legal reserve130€32.0m€32.0m=
Profit (loss) carried forward14€755.1m€758.6m▲
Provisions and deferred taxes16€173,657€195,727▲
Provisions for liabilities and charges160/5€173,657€195,727▲
Pensions and similar obligations160€173,657€195,727▲
Amounts payable17/49€2.8m€3.8m▲
Amounts payable within one year42/48€1.4m€1.5m▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€1.0m€821,553▼
Suppliers440/4€1.0m€821,553▼
Taxes, remuneration and social security45€327,988€630,559▲
Taxes450/3€0-
Remuneration and social security454/9€327,988€630,559▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€1.4m€2.3m▲
Income statement Code20242025
Operating income70/76A€1.6m€2.1m▲
Turnover70€1.3m€1.1m▼
Other operating income74€271,366€917,819▲
Non-recurring operating income76A€41-
Operating charges60/66A€12.2m€14.5m▲
Services and other goods61€6.5m€6.4m▼
Remuneration, social security and pensions62€5.4m€7.5m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€233,648€255,090▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€23,196€22,070▼
Other operating charges640/8€80,019€353,343▲
Non-recurring operating charges66A€0-
Operating profit (loss)9901-€10.6m-€12.5m▼
Financial income75/76B€441.1m€59.7m▼
Recurring financial income75€412.9m€23.8m▼
Income from financial fixed assets750€401.2m€11.3m▼
Income from current assets751€7.8m€5.8m▼
Other financial income752/9€4.0m€6.7m▲
Non-recurring financial income76B€28.2m€35.9m▲
Financial charges65/66B€13.5m€43.7m▲
Recurring financial charges65€3.2m€1.7m▼
Debt charges650€1.4m€307,645▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€1.7m-€294,928▼
Other financial charges652/9€49,708€1.7m▲
Non-recurring financial charges66B€10.3m€42.0m▲
Profit (loss) for the period before taxes9903€417.0m€3.6m▼
Income taxes67/77€4,339€76,087▲
Taxes670/3€4,339€76,087▲
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€417.0m€3.5m▼
Profit (loss) for the period to be appropriated9905€417.0m€3.5m▼
Appropriation of the result
Profit (loss) to be appropriated9906€765.1m€758.6m▼
Profit (loss) brought forward from the previous period14P€348.1m€755.1m▲
Transfer to equity691/2€10.1m€0▼
To the legal reserve6920€10.1m€0▼
Social balance
Average headcount (FTE)908719.825.6▲

The notes to these accounts (95 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€1.1m€1.9m€1.6m€2.1m▲ 27.6%
Turnover70€2.1m€840,715€1.4m€1.3m€1.1m▼ 14.7%
Other operating income74-€284,889€504,378€271,366€917,819▲ 238%
Non-recurring operating income76A-€11,639€242€41--
Operating charges60/66A-€10.3m€11.4m€12.2m€14.5m▲ 18.6%
Services and other goods61-€4.8m€5.9m€6.5m€6.4m▼ 1.7%
Remuneration, social security and pensions62-€5.0m€5.1m€5.4m€7.5m▲ 38.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€220,835€230,026€202,289€233,648€255,090▲ 9.2%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€31,489€45,559€23,196€22,070▼ 4.9%
Other operating charges640/8-€122,937€72,732€80,019€353,343▲ 342%
Non-recurring operating charges66A-€129,653€17,631€0--
Operating profit (loss)9901-€9.4m-€9.2m-€9.5m-€10.6m-€12.5m▼ 17.3%
Financial income75/76B-€108.6m€98.7m€441.1m€59.7m▼ 86.5%
Recurring financial income75€11.9m€59.2m€13.3m€412.9m€23.8m▼ 94.2%
Income from financial fixed assets750-€54.9m€8.8m€401.2m€11.3m▼ 97.2%
Income from current assets751-€69,289€1.0m€7.8m€5.8m▼ 25.5%
Other financial income752/9-€4.3m€3.5m€4.0m€6.7m▲ 69.4%
Non-recurring financial income76B-€49.3m€85.4m€28.2m€35.9m▲ 27.5%
Financial charges65/66B-€33.5m€44.7m€13.5m€43.7m▲ 224%
Recurring financial charges65€2.6m€695,189€2.4m€3.2m€1.7m▼ 45.9%
Debt charges650€485,751€421,782€2.5m€1.4m€307,645▼ 77.7%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€218,659-€1.6m€1.7m-€294,928▼ 117%
Other financial charges652/9-€54,748€1.5m€49,708€1.7m▲ 3,308%
Non-recurring financial charges66B-€32.8m€42.4m€10.3m€42.0m▲ 306%
Profit (loss) for the period before taxes9903€27.4m€65.9m€44.5m€417.0m€3.6m▼ 99.1%
Income taxes67/77-€713€112,094-€5,360€4,339€76,087▲ 1,654%
Taxes670/3-€112,094€91,593€4,339€76,087▲ 1,654%
Tax adjustments and reversals of tax provisions77-€0€96,953€0--
Profit (loss) for the period9904€27.4m€65.8m€44.5m€417.0m€3.5m▼ 99.2%
Profit (loss) for the period to be appropriated9905€27.4m€65.8m€44.5m€417.0m€3.5m▼ 99.2%
Line20212022202320242025Change
Assets
Total assets20/58€758.5m€713.3m€759.8m€1.11bn€1.11bn▲ 0.4%
Fixed assets21/28€650.9m€605.7m€587.2m€711.3m€873.7m▲ 22.8%
Intangible fixed assets21---€38,748€29,061▼ 25.0%
Tangible fixed assets22/27€776,160€607,751€621,375€752,243€890,131▲ 18.3%
Plant, machinery and equipment23--€81,415€73,240€65,065▼ 11.2%
Furniture and vehicles24-€587,726€518,228€653,144€764,256▲ 17.0%
Other tangible fixed assets26-€20,025€21,732€25,860€60,811▲ 135%
Financial fixed assets28€650.1m€605.0m€586.6m€710.5m€872.7m▲ 22.8%
Affiliated companies280/1-€497.0m€458.7m€550.9m€542.1m▼ 1.6%
Participating interests280-€432.1m€458.7m€550.9m€542.1m▼ 1.6%
Amounts receivable281-€65.0m€0---
Companies linked by participating interests282/3-€75.1m€78.7m€101.2m€134.3m▲ 32.7%
Participating interests282-€75.0m€78.6m€99.1m€132.8m▲ 34.1%
Amounts receivable283-€167,971€104,000€2.1m€1.5m▼ 28.8%
Other financial fixed assets284/8-€32.9m€49.2m€58.4m€196.3m▲ 236%
Shares284-€32.9m€49.2m€58.4m€196.3m▲ 236%
Current assets29/58€107.6m€107.7m€172.6m€398.7m€240.9m▼ 39.6%
Amounts receivable after more than one year29-€674,187€584,296€494,404€0▼ 100%
Other amounts receivable291-€674,187€584,296€494,404€0▼ 100%
Stocks and contracts in progress3€0€0€0€0€0-
Amounts receivable within one year40/41€19.3m€6.3m€65.9m€277.2m€142.1m▼ 48.7%
Trade receivables40-€301,744€672,770€436,161€336,987▼ 22.7%
Other amounts receivable41-€6.0m€65.3m€276.8m€141.8m▼ 48.8%
Current investments50/53€84.4m€98.2m€104.5m€119.8m€95.0m▼ 20.7%
Other investments51/53-€98.2m€104.5m€119.8m€95.0m▼ 20.7%
Cash at bank and in hand54/58€1.2m€902,059€504,505€335,181€3.3m▲ 893%
Deferred charges and accrued income490/1-€1.7m€990,306€888,999€464,852▼ 47.7%
Equity and liabilities
Total equity and liabilities10/49€758.5m€713.3m€759.8m€1.11bn€1.11bn▲ 0.4%
Equity10/15€579.7m€645.5m€690.1m€1.11bn€1.11bn▲ 0.3%
Contributions10/11€320.0m€320.0m€320.0m€320.0m€320.0m=
Capital10-€320.0m€320.0m€320.0m€320.0m=
Issued capital100-€320.0m€320.0m€320.0m€320.0m=
Reserves13€16.4m€19.7m€21.9m€32.0m€32.0m=
Non-distributable reserves130/1-€19.7m€21.9m€32.0m€32.0m=
Legal reserve130-€19.7m€21.9m€32.0m€32.0m=
Profit (loss) carried forward14€243.3m€305.8m€348.1m€755.1m€758.6m▲ 0.5%
Provisions and deferred taxes16€73,414€104,903€150,462€173,657€195,727▲ 12.7%
Provisions for liabilities and charges160/5-€104,903€150,462€173,657€195,727▲ 12.7%
Pensions and similar obligations160-€104,903€150,462€173,657€195,727▲ 12.7%
Amounts payable17/49€178.7m€67.7m€69.6m€2.8m€3.8m▲ 35.3%
Amounts payable after more than one year17€65.2m€65.2m€0---
Financial debts170/4-€65.2m€0---
Other loans174-€65.2m€0---
Amounts payable within one year42/48€112.2m€1.2m€68.4m€1.4m€1.5m▲ 6.3%
Current portion of amounts payable after more than one year42--€65.2m€0--
Trade debts44€633,890€473,365€1.1m€1.0m€821,553▼ 20.9%
Suppliers440/4-€473,365€1.1m€1.0m€821,553▼ 20.9%
Taxes, remuneration and social security45-€762,680€454,724€327,988€630,559▲ 92.3%
Taxes450/3-€4,063€4,679€0--
Remuneration and social security454/9-€758,617€450,045€327,988€630,559▲ 92.3%
Other amounts payable47/48-€0€1.6m€0--
Accrued charges and deferred income492/3-€1.2m€1.2m€1.4m€2.3m▲ 63.3%
Line20212022202320242025Change
Profit (loss) for the period9904€27.4m€65.8m€44.5m€417.0m€3.5m▼ 99.2%
+ Depreciation and write-downs630€220,835€230,026€202,289€233,648€255,090▲ 9.2%
Operating cash flow (approximation)€27.7m€66.0m€44.7m€417.2m€3.8m▼ 99.1%
Investment in fixed assets (approximation)-€45.0m€18.2m-€124.3m-€162.6m▼ 30.8%
Change in cash--€289,312-€397,554-€169,324€3.0m▲ 1,869%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2026
07-07
State Gazette act Resignations & appointments
Power of attorney99 facts ▸
  • Board meeting, 04-06-2026
  • Power of attorney, Dries Crevits
  • Power of attorney, Stefaan Vandamme
  • Power of attorney, Frederik Bauwens
  • Power of attorney, Brieuc de Hults
  • Power of attorney, Jérôme Thomas
  • Power of attorney, David Devigne
  • Power of attorney, Hilde Van der Straeten
  • Power of attorney, Helga De Coster
  • Power of attorney, Tina Deneef
  • Power of attorney, Tineke Demey
  • Power of attorney, Ben Van Reepingen
  • +87 further facts in this act
2025
17-10
NBB filing Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial Weakest financial yearnet €3.5m ▼99.2%
Net result drops to €3.5m, the lowest in the series.
05-02
State Gazette act Resignation: Piet Colruyt (director)
1 fact ▸
  • Director resignation, Piet Colruyt (director)
2024
12-11
State Gazette act Statutes amendment
Capital3 facts ▸
  • General meeting, 10/09/2024
  • Statutes amendment
  • Capital, €320.000.000
17-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema
19-07
State Gazette act Resignations & appointments
Power of attorney72 facts ▸
  • Board meeting, 19-04-2024
  • Power of attorney, Jef Colruyt
  • Power of attorney, Wim Colruyt
  • Power of attorney, Toon Hermans
  • Power of attorney, Piet Colruyt
  • Power of attorney, Dries Crevits
  • Power of attorney, Griet Aerts
  • Power of attorney, Frederik Bauwens
  • Power of attorney, Brieuc de Hults
  • Power of attorney, Jérôme Thomas
  • Power of attorney, David Devigne
  • Power of attorney, Hilde Van der Straeten
  • +60 further facts in this act
31-03
Financial Highest result since 2019net €417.0m ▲836%
Net result €417.0m, the highest in the series.
31-03
Financial Liquidity times 116current ratio 291.78
Current ratio from 2.52 to 291.78; short-term debt falls from €68.4m to €1.4m.
31-03
Financial Equity above €1bnEq €1.11bn ▲60.4%
6 profitable years in a row build equity to €1.11bn.
18-01
State Gazette act Reappointments: Jozef Colruyt, Piet Colruyt and 3 others
Power of attorney7 facts ▸
  • General meeting, 26-09-2023
  • Director reappointment, Jozef Colruyt (director)
  • Director reappointment, Piet Colruyt (director)
  • Director reappointment, Willem Colruyt (director)
  • Director reappointment, Antoon Hermans (director)
  • Auditor reappointment, VGD Bedrijfsrevisoren BV (statutory auditor)
  • Power of attorney, Helga De Coster
2023
17-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema
Show earlier events
30-05
State Gazette act Resignations & appointments
Power of attorney18 facts ▸
  • Board meeting, 14-04-2023
  • Power of attorney, Jef Colruyt
  • Power of attorney, Wim Colruyt
  • Power of attorney, Toon Hermans
  • Power of attorney, Piet Colruyt
  • Power of attorney, Dries Crevits
  • Power of attorney, Griet Aerts
  • Power of attorney, Frederik Bauwers
  • Power of attorney, Brieuc de Hults
  • Power of attorney, Jérôme Thomas
  • Power of attorney, David Devigne
  • Power of attorney, Hilde Van der Straeten
  • +6 further facts in this act
2022
19-10
NBB filing Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial Liquidity times 91current ratio 87.10
Current ratio from 0.96 to 87.10; short-term debt falls from €112.2m to €1.2m.
2021
20-10
State Gazette act Permanent representative: Vincent Vliebergh
Power of attorney21 facts ▸
  • Board meeting, 10-09-2021
  • Power of attorney, Jef Colruyt
  • Power of attorney, Wim Colruyt
  • Power of attorney, Toon Hermans
  • Power of attorney, Piet Colruyt
  • Power of attorney, Mazerine Partners
  • Permanent representative, Vincent Vliebergh
  • Power of attorney, Dries Crevits
  • Power of attorney, Griet Aerts
  • Power of attorney, Loïc de Schaetzen
  • Power of attorney, Frederik Bauwens
  • Power of attorney, Brieuc de Hults
  • +9 further facts in this act
20-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema
09-03
State Gazette act Reappointment: VGD BEDRIJFSREVISOREN BV (statutory auditor)
Permanent representative: Maarten Lindemans · Resignation: Colfima BV (director)4 facts ▸
  • General meeting, 29-09-2020
  • Auditor reappointment, VGD BEDRIJFSREVISOREN BV (statutory auditor)
  • Permanent representative, Maarten Lindemans
  • Director resignation, Colfima BV (director)
2020
22-10
NBB filing Annual accounts filed
fiscal year 2020 · full schema
01-07
State Gazette act Resignation: Colfima BV (bestuurder)
Permanent representatives: Dries Colpaert and Vincent Vliebergh · Power of attorney103 facts ▸
  • Board meeting, 29-05-2020
  • Director resignation, Colfima BV ((gedelegeerd) bestuurder)
  • Permanent representative, Dries Colpaert
  • Power of attorney, Jef Colruyt
  • Power of attorney, Wim Colruyt
  • Power of attorney, Toon Hermans
  • Power of attorney, Piet Colruyt
  • Power of attorney, Mazerine Partners BV
  • Permanent representative, Vincent Vliebergh
  • Power of attorney, Dries Crevits
  • Power of attorney, Guillaume Hollanders
  • Power of attorney, Laure Hilbert
  • +91 further facts in this act
31-03
Financial Liquidity quadruplescurrent ratio 4.24
Current ratio from 1.01 to 4.24; short-term debt falls from €292.9m to €22.8m.
31-03
Financial Equity above €500mEq €552.3m ▲44.7%
2 profitable years in a row build equity to €552.3m.
2019
08-11
State Gazette act Resignation: Gabriëls Sofle (director)
2 facts ▸
  • General meeting, 24-09-2019
  • Director resignation, Gabriëls Sofle (director)
22-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema
09-05
State Gazette act Capital & shares
Capital decrease · Capital · Statutes amendment6 facts ▸
  • General meeting, 18-03-2019
  • Capital decrease, €291.792.000
  • Capital, €320.000.000
  • Statutes amendment
  • Power of attorney, Raad van Bestuur
  • Repayment mechanism, Terugbetaling door afhouding van het gestort kapitaal; voor de uitkering aan Korys NV aangerekend op de rekening courant positie die Korys Investments NV heeft…
2018
27-11
State Gazette act Registered office
Registered-office move3 facts ▸
  • Board meeting, 26-09-2018
  • Registered-office move, Villalaan 96, 1500 Halle
  • Board meeting, 18-12-2017
11-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema
27-03
State Gazette act Reappointments: Jozef Colruyt, Piet Colruyt and 5 others
Appointment: Antoon Hermans (director) · Resignation: Maria Colruyt (director) · Permanent representative: Maarten Lindemans16 facts ▸
  • General meeting, 26-09-2017
  • Director reappointment, Jozef Colruyt (director)
  • Director reappointment, Piet Colruyt (director)
  • Director reappointment, Wim Colruyt (director)
  • Director reappointment, Sofie Gabriels (director)
  • Director reappointment, Colfima BVBA (director)
  • Director reappointment, Mazerine Partners SPRL (director)
  • Director appointment, Antoon Hermans (director)
  • Director resignation, Maria Colruyt (director)
  • Auditor reappointment, VGD Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Maarten Lindemans
  • Board meeting, 26-09-2017
  • +4 further facts in this act
2017
23-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema
24-07
State Gazette act Purpose
Purpose change · Power of attorney3 facts ▸
  • General meeting, 30-06-2017
  • Purpose change, De vennootschap heeft tot doel, in België en in het buitenland, uitsluitend in eigen naam en voor eigen rekening: 1.het beleggen, het intekenen op, vast overnem…
  • Power of attorney, Korys Investments
20-06
State Gazette act Appointment: Colfima (director and managing director)
Permanent representative: Dries Colpaert3 facts ▸
  • Board meeting, 14-10-2016
  • Director appointment, Colfima (director and managing director)
  • Permanent representative, Dries Colpaert
10-05
State Gazette act Statutes amendment
Name change · Power of attorney4 facts ▸
  • General meeting
  • Name change, Korys Investments
  • Statutes amendment
  • Power of attorney, Raad van bestuur
2016
10-11
State Gazette act Appointment: Colfima (director)
Permanent representative: Dries Colpaert3 facts ▸
  • General meeting, 14-10-2016
  • Director appointment, Colfima (director)
  • Permanent representative, Dries Colpaert
09-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 9 days late
10-02
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 12-01-2016
  • Registered-office move, Guido Gezellestraat 126, 1654 Huizingen
2014
24-11
State Gazette act Reappointment: VGD Bedrijfsrevisoren cvba (statutory auditor)
Permanent representative: Maarten Lindemans3 facts ▸
  • General meeting, 23-09-2014
  • Auditor reappointment, VGD Bedrijfsrevisoren cvba (statutory auditor)
  • Permanent representative, Maarten Lindemans
30-05
State Gazette act Statutes amendment
Capital · Power of attorney4 facts ▸
  • General meeting, 23-04-2014
  • Statutes amendment
  • Capital, €611.792.000
  • Power of attorney, Raad van Bestuur
2013
28-11
State Gazette act Resignations: Franciscus Colruyt (director) and Sofie Gabriëls (director)
Appointment: Mara Colruyt (director) · Reappointment: Sofie Gabriëls (director) · Power of attorney7 facts ▸
  • General meeting, 28-09-2013
  • Director resignation, Franciscus Colruyt (director)
  • Director resignation, Sofie Gabriëls (director)
  • Director appointment, Mara Colruyt (director)
  • Director reappointment, Sofie Gabriëls (director)
  • Board meeting, 07-10-2011
  • Power of attorney, Helga De Coster
21-01
State Gazette act Capital & shares · Statutes amendment
Registered-office move · Capital increase · Capital6 facts ▸
  • General meeting, 20-12-2012
  • Board meeting, 29-04-2010
  • Registered-office move, 1654 Huizingen, A. Vaucampslaan 42
  • Capital increase, €542.792.000
  • Capital, €611.792.000
  • Share profit participation, from and for the full fiscal year starting 1 April 2012
2011
09-11
State Gazette act Reappointments: De Deken, Scheffer, Van Reusel en Co Bedrijfsrevisoren CVBA, Jef Colruyt and 4 others
Permanent representative: Vincent Vliebergh · Appointment: Mazerine Partners sprl (managing director) · Power of attorney12 facts ▸
  • General meeting, 24-09-2011
  • Auditor reappointment, De Deken, Scheffer, Van Reusel en Co Bedrijfsrevisoren CVBA
  • Director reappointment, Jef Colruyt (director)
  • Director reappointment, Piet Colruyt (director)
  • Director reappointment, Frans Colruyt (director)
  • Director reappointment, Wim Colruyt (director)
  • Director reappointment, Mazerine Partners sprl (director)
  • Permanent representative, Vincent Vliebergh
  • Board meeting, 07-10-2011
  • Director appointment, Mazerine Partners sprl (managing director)
  • Power of attorney, Sofle Gabriëls
  • Power of attorney, Helga De Coster
16-08
State Gazette act Appointments: Wim Colruyt (director) and Mazerine Partners (managing director)
Permanent representative: Vincent Vliebergh5 facts ▸
  • General meeting, 30-06-2011
  • Director appointment, Wim Colruyt (director)
  • Board meeting, 30-06-2011
  • Director appointment, Mazerine Partners (managing director)
  • Permanent representative, Vincent Vliebergh
2010
20-05
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 29/04/2010
  • Registered-office move, A. Vaucampslaan 42, 1654 Huizingen
2009
02-02
State Gazette act Reappointment: De Deken, Scheffer, Van Reusel en Co Bedrijfsrevisoren CVBA (statutory auditor)
2 facts ▸
  • General meeting, 27-09-2008
  • Auditor reappointment, De Deken, Scheffer, Van Reusel en Co Bedrijfsrevisoren CVBA (statutory auditor)
2008
15-07
State Gazette act Appointment: Sofie Gabriëls (director)
2 facts ▸
  • General meeting, 01-04-2008
  • Director appointment, Sofie Gabriëls (director)
2005
28-02
State Gazette act Incorporation
Appointments: Jozef Maria Damiaan COLRUYT, Fransiscus COLRUYT and 2 others · Permanent representative: Aimé SCHEFFER · Founding capital15 facts ▸
  • Incorporation, 07-02-2005
  • Founding capital, €8.000.000
  • Director appointment, Jozef Maria Damiaan COLRUYT (director)
  • Director appointment, Fransiscus COLRUYT (director)
  • Director appointment, Piet André Maria COLRUYT (director)
  • Mandate compensation, Jozef Maria Damiaan COLRUYT
  • Mandate compensation, Fransiscus COLRUYT
  • Mandate compensation, Piet André Maria COLRUYT
  • Auditor appointment, DE DEKEN, SCHEFFER, VAN REUSEL & C° (statutory auditor)
  • Permanent representative, Aimé SCHEFFER
  • Director appointment, Jozef Maria Damiaan COLRUYT (chair of the board)
  • Capital contribution, €6.500.000
  • +3 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
29 of 29 acts read

Directors · office · real estate

Directors
under verification, no change since 2024
This board is reconstructed from a single act (24011946). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 5

Jef Colruyt
Chair of the board · since 07-02-2005 · Director · since 07-02-2005
Current
Wim Colruyt
Director · since 01-07-2011
Current
Antoon Hermans
Director · since 26-09-2017
Current
Jozef Colruyt
Chair of the board · Director · from a recent act
Current
Willem Colruyt
Director · from a recent act
Current
7 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Mara Colruyt
Director · since 28-09-2013
Not recently confirmed
Sofie Gabriëls
Director · since 28-09-2013
Not recently confirmed
COLFIMA
Director and managing director · since 14-10-2016 · Legal entity · perm. rep.: Dries Colpaert
Not recently confirmed
COLFIMA
Director · since 14-10-2016 · Private limited company (pre-2019) · perm. rep.: Dries Colpaert
Not recently confirmed
BVBA Colfima
Director · since 26-09-2017 · Legal entity
Not recently confirmed
SPRL Mazerine Partners
Director · since 26-09-2017 · Legal entity · perm. rep.: Vincent Vliebergh
Not recently confirmed
Not recently confirmed

Day-to-day management 4

Mazerine Partners
Managing director · since 01-07-2011 · Legal entity · perm. rep.: Vincent Vliebergh
Not recently confirmed
SPRL Mazerine Partners
Managing director · since 25-09-2011 · Legal entity · perm. rep.: Vincent Vliebergh
Not recently confirmed
BVBA Colfima
Managing director · since 26-09-2017 · Legal entity
Not recently confirmed
COLFIMA
Director and managing director · since 14-10-2016 · Legal entity · perm. rep.: Dries Colpaert
Not recently confirmed

Permanent representatives 2

Dries Colpaert
Permanent representative · since 14-10-2016 · for COLFIMA
Not recently confirmed
Vincent Vliebergh
Permanent representative · since 26-09-2017 · for SPRL Mazerine Partners
Not recently confirmed

Statutory auditor 1

VGD Bedrijfsrevisoren
Statutory auditor · since 23-09-2014
Current
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Halle · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
1.4 ha
Building footprint
221 m²
Volume, LiDAR
2,302 m³
Parcel 23413H0128/00X000, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
18 companies at this address See who is registered here
1 establishment unit
Korys Investments
Villalaan 96, 1500 HalleNACE 65234
since 20052.145.679.590
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23413H0128/00X000 Flanders 1.4 ha 1 · 221 m² 13.0 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.

Mandate history

19 people since 2005, 14 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Jef Colruyt
  • Chair of the board, from 07-02-2005 not ended, last confirmed 27-03-2018
  • Director, from 07-02-2005 to date
Wim Colruyt
  • Director, from 01-07-2011 to date
Antoon Hermans
  • Director, from 26-09-2017 to date
Jozef Colruytfrom an act
  • Chair of the board, already before 27-03-2018 not ended, last confirmed 27-03-2018
  • Director, already before 27-03-2018 to date
Willem Colruytfrom an act
  • Director, already before 18-01-2024 to date
VGD Bedrijfsrevisoren
  • Statutory auditor, from 23-09-2014 to date
Frans Colruyt
  • Director, from 07-02-2005 to 28-09-2013
  • Director, already before 09-11-2011 not ended, last confirmed 09-11-2011
Sofie Gabriëls
  • Director, from 01-04-2008 not ended, last confirmed 27-03-2018
SPRL Mazerine Partners
  • Managing director, from 25-09-2011 not ended, last confirmed 27-03-2018
  • Director, already before 09-11-2011 not ended, last confirmed 27-03-2018
Mara Colruyt
  • Director, from 28-09-2013 not ended, last confirmed 28-11-2013
COLFIMA
  • Director and managing director, from 14-10-2016 not ended, last confirmed 20-06-2017
  • Director and managing director, from 14-10-2016 not ended, last confirmed 20-06-2017
COLFIMA
  • Director, from 14-10-2016 not ended, last confirmed 10-11-2016
BVBA Colfima
  • Director, already before 26-09-2017 not ended, last confirmed 27-03-2018
  • Managing director, already before 26-09-2017 not ended, last confirmed 27-03-2018
Mazerine Partners
  • Managing director, from 01-07-2011 not ended, last confirmed 16-08-2011
Piet André Maria COLRUYT
  • Director, from 07-02-2005 to 31-12-2024
Colfima BV
  • Director, until 01-04-2020
  • (gedelegeerd) bestuurder, until 01-04-2020
Gabriëls Sofle
  • Director, until 24-09-2019
Maria Colruyt
  • Director, until 26-09-2017
De Deken, Scheffer, Van Reusel en Co Bedrijfsrevisoren CVBA
  • Auditor, from 17-02-2005 to 23-09-2014
See the board, name and seat on a given date →

Articles of association

Purpose
Het beleggen, het intekenen op, vast overnemen, plaatsen, kopen, verkopen en verhandelen van aandelen, deelbewijzen, obligaties, warrants, certificaten, schuldvorderingen, gelden…
Full purpose

Het beleggen, het intekenen op, vast overnemen, plaatsen, kopen, verkopen en verhandelen van aandelen, deelbewijzen, obligaties, warrants, certificaten, schuldvorderingen, gelden en andere roerende waarden...; het nemen en aanhouden van belangen...; het beheren van beleggingen en van participaties...; het verstrekken van leningen en voorschotten...; het kopen, verkopen, huren, verhuren... van onroerende goederen...; het investeren in studies, opleiding, scholing en publicatie...

Structure & network

Part of the group KORYS 159 companies Group, risk and exposure

Owners and holdings

1 owner · 34 holdings · 65 subsidiaries in the tree

Chain of control

  1. KORYS 96.77%
  2. KORYS INVESTMENTS

Highest known parent: KORYS. The sources do not say who stands above it.

Owners 1

Holdings 34

Show 24 more holdings
Stated earlier (1)

An older source named these holdings; newer accounts no longer list them.

All subsidiaries, including indirect ones 65+

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

The tree shows 65 companies up to 4 levels deep; there are more. Open a subsidiary's dossier to look further.

According to the annual accounts to 31-03-2025 of KORYS INVESTMENTS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

40 connected companies
Linked via shared directors
Ahara
via Jef Colruyt · Director
→
BIO-PLANET
via Jef Colruyt · Director
→
→
CODEVCO X
via Jef Colruyt · Director
→
Show 36 more companies with a shared director
COLIM
via Jef Colruyt · Director
→
DAVYTRANS
via Jef Colruyt · Director
→
DO Invest
via Jef Colruyt · Director
→
FLEETCO
via Jef Colruyt · Director
→
Kriya One
via Jef Colruyt · Permanent representative
→
→
PARKWIND
via Jef Colruyt and Wim Colruyt · Director
→
Roelandt
via Jef Colruyt · Director
→
Vlevico
via Jef Colruyt · Director
→
BELWIND
via Wim Colruyt · Director
former→
former→
Cableco
via Wim Colruyt · Director
former→
CGMI
via Jef Colruyt · Director
former→
former→
DREAMLAND
via Jef Colruyt · Director
former→
former→
former→
Nobelwind
via Wim Colruyt · Director
former→
NORTHWESTER 2
via Wim Colruyt · Director
former→
Northwind
via Wim Colruyt · Director
former→
SOLUCIOUS
via Jef Colruyt · Director
former→
Z+H2B
via Jef Colruyt · Director
former→
3E
Shared director
→
→
→
→
SI² FUND
Shared director
→
→
Storm Holding
Shared director
→
Colmar
Shared corporate director
→

Ownership & control

2 board mandates
Board mandates of this companythis company sits on their board2

Group per the LEI register

1 fund
1 fund in the register
Managed fund:NAÏADES
Luxembourg, Luxembourg · LEI lapsed

Capital and shareholders

Shareholders according to the acts
At incorporation act of 28-02-2005 ↗
  • D.I.M. (BE 0415.279.467) 650 shares · 6,500,000 EUR
  • H.I.M. (BE 0415.157.129) 100 shares · 1,000,000 EUR
  • H.I.M. TWEE (BE 0861.947.641) 50 shares · 500,000 EUR

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 12-11-2024 Capital stated in the act · 320,000,000 EUR · 80,835 shares
  2. 09-05-2019 Capital reduction of 291,792,000 EUR · to 320,000,000 EUR · repaid to the shareholders
  3. 30-05-2014 Capital stated in the act · 611,792,000 EUR · 80,835 shares
  4. 21-01-2013 Capital increase of 542,792,000 EUR · to 611,792,000 EUR · 73,935 new shares · in kind
  5. 28-02-2005 Incorporation · 8,000,000 EUR · 800 shares

Recognitions · licences · registrations

Legal Entity Identifier

549300GOX7G0I0XTWJ47
live in the LEI register

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 362 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
Founded17-02-2005
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0871963979
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.