Skip to content

KORAAL FINANCE

Active Risk: not assessed
Private limited companyfounded 2014active for 12 yearsVeemarkt(Kor) 53, 8500 Kortrijk, BelgiumKBO/BCE: BE 0550.779.955
Summary

KORAAL FINANCE 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 €1.1m and a net result of €106,773. Equity has been growing by about 50% per year since 2018. Its solvency ranks better than 87% of 9,754 sector peers (NACE 64, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
KORAAL FINANCEActive
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 14-04-2014 Normal situation
Activity
Financial service activities, except insurance and pension funding NACE 64190and 1 other
Joint committee
341 Paritair Comité voor de bemiddeling in bank- en beleggingsdiensten · annual accounts 2025
Establishment unit
2.233.114.697 8500 Kortrijk, since 14-04-2014
Financial year end
31 December
Peppol
Reachable since 24-11-2023
Company details

Board and ownership

Board
  • B-MANDirector · since 04-01-2016 · permanent representative Vanhoutteghem Bart
  • LAVAERT-DELAEREDirector · since 23-08-2018 · permanent representative Delaere Veerle
Shareholders
Holdings
Shares in 1 company KORAAL INSURE
Board & ownership

Financial position

Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
Profit
€106,773
▼ 17.6%
Equity
€1.1m
▲ 0.6%
Total assets
€1.2m
▼ 1.0%
Employees on 31-12-2025
3
▲ 50.0%
Financials
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
28 days late
2023
30 days late
2022
49 days late
2021
30 days late
2020
130 days early
2019
83 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 90% of companies in financial servicessector median €124,209 · 9,761 companies €1.1m View
  • Positive: 6 profitable years in a rowprofit 2025: €106,773 6 years View

Recent changes

  1. · Gazette deed Capital increase of €878,494.01 to €1,028,878.63Change of role: LAVAERT-DELAERE, from manager to director · Resignations: Vanhoutteghem Bart (manager) and LAVAERT Gunther (manager) · Permanent representatives: Vanhoutteghem Bart and Delaere Veerle
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as KORAAL FINANCE: financial service activities, except insurance and pension funding (NACE 64190). They are comparable in size and age: total assets between €757,000 and €1.8m, founded between 2009 and 2018.

CompanyTotal assetsGross margin
KORAAL FINANCE Kortrijk€1.2m€0.3m
WILBA Houthulst€1.6m€0.3m
ENERGIE VOOR MEER NATUUR Antwerpen€1.8m€0.2m
BMGS Brugge€0.8m€0.2m
53 PEOPLE Sint-Pieters-Woluwe€0.8m€0.2m
A-één Kortemark€1.3m€0.6m
VALURA Brugge€0.8m€0.6m
Full comparison

Key facts about KORAAL FINANCE
What is the company number of KORAAL FINANCE?
The company number of KORAAL FINANCE is 0550.779.955. The VAT number is the same number with BE in front: BE 0550.779.955.
Where is KORAAL FINANCE based?
The registered office is at Veemarkt(Kor) 53, 8500 Kortrijk.Company details
What does KORAAL FINANCE do?
According to the KBO register, the main activity is financial service activities, except insurance and pension funding (NACE 64190).
What is the legal form of KORAAL FINANCE?
The legal form of KORAAL FINANCE is Private limited company (BV).
When was KORAAL FINANCE founded?
KORAAL FINANCE was founded on 14-04-2014.
Is KORAAL FINANCE still active?
Yes, KORAAL FINANCE is an active enterprise in the KBO register.
How many employees does KORAAL FINANCE have?
KORAAL FINANCE had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does KORAAL FINANCE fall under?
In its 2025 annual accounts, KORAAL FINANCE states joint committee 341 (Paritair Comité voor de bemiddeling in bank- en beleggingsdiensten).
What is the turnover of KORAAL FINANCE?
The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €254,082 and 40 comparable companies (NACE 64). It probably lies between €280,000 and €580,000. In financial year 2020 turnover was €503,645.
Is KORAAL FINANCE profitable?
In financial year 2025, KORAAL FINANCE made a profit of €106,773.
Where can I find the annual accounts of KORAAL FINANCE?
KORAAL FINANCE filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KORAAL FINANCE due?
KORAAL FINANCE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies See what changed in the latest annual accounts.What changed

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure