KORAMIC DEVELOPMENT PROJECTS

Active

Public limited companyfounded 1960active for 66 yearsKapel ter Bede(Kor) 84, 8500 Kortrijk, BelgiumKBO/BCE: BE 0400.281.485

Summary

The annual accounts of KORAMIC DEVELOPMENT PROJECTS for financial year 2025 show a net loss of 52,102% of the equity at the start of that year. The 2025 annual accounts show equity of €25.4m and a net result of -€4.6m. Equity is shrinking by about 38% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 73% of 5,708 sector peers (NACE 68, financial year 2025). The company has been active since 1960 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch Report Compare

KORAMIC DEVELOPMENT PROJECTSActiveChecked score 56/100

Risk analysis Report Compare

Directors

7 directors, 3 in day-to-day management, no change since 2026

Board 7

Carl Van den Eynde

Chair of the board · since 09-02-2026 · Director · since 13-06-2024

Current

OLIVER Management Consulting

Director · since 18-08-2021 · Private limited company · permanent representative: VERMEULEN Bart

Current

VdB Advisory Comm. V.

Director · since 15-04-2022 · Legal entity · permanent representative: Dimitri Van den Bossche

Current

Christian Lecluyse

Director · since 01-02-2024

Current

Edge of Change BV

Director · since 24-05-2025 · Legal entity · permanent representative: Pieter Blondeel

Current

KORAMIC REAL ESTATE INVESTMENT

Director · since 22-12-2025 · Public limited company · permanent representative: Christian DUMOLIN

Current

PATRIOS

Director · since 22-12-2025 · Private limited company · permanent representative: Peter Alain ARTOIS

Current

3 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.

Koenraad Van der Elst

Director · since 01-02-2006

Not recently confirmed

Jan Heyse

Director · since 19-04-2007

Not recently confirmed

Delox

Director · since 15-05-2007 · Legal entity · permanent representative: Patrick De Groote

Not recently confirmed

Day-to-day management 3

OLIVER Management Consulting

Managing director · since 18-08-2021 · Private limited company · permanent representative: VERMEULEN Bart

Current

Carl Van den Eynde

Managing director · since 13-06-2024

Current

VdB Advisory Comm. V.

Managing director · since 13-06-2024 · Legal entity · permanent representative: Dimitri Van den Bossche

Current

Permanent representatives 5

VERMEULEN Bart

Permanent representative · since 18-08-2021 · for OLIVER Management Consulting

Current

Dimitri Van den Bossche

Permanent representative · since 15-04-2022 · for VdB Advisory Comm. V.

Current

Pieter Blondeel

Permanent representative · since 24-05-2025 · for Edge of Change BV

Current

Christian DUMOLIN

Permanent representative · since 22-12-2025 · for KORAMIC REAL ESTATE INVESTMENT

Current

Peter Alain ARTOIS

Permanent representative · since 22-12-2025 · for PATRIOS

Current

1 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.

Patrick De Groote

Permanent representative · since 15-05-2007 · for Delox

Not recently confirmed

Statutory auditor 1

Boes & Verrue Bedrijfsrevisoren BV

Statutory auditor · since 10-08-2026 · permanent representative: Yannick Boes

Current

Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

34 people since 2004, 11 in office

All 34 In office 11 Ended 23

Board
Day-to-day management
Statutory auditor
not recently confirmed
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
OLIVER Management Consulting	Director, from 18-08-2021 to date Managing director, from 18-08-2021 to date
VdB Advisory Comm. V.	Director, from 15-04-2022 to date Managing director, from 13-06-2024 to date
Christian Lecluyse	Director, from 01-02-2024 to date
Carl Van den Eynde	Director, from 13-06-2024 to date Managing director, from 13-06-2024 to date Chair of the board, from 09-02-2026 to date
Edge of Change BV	Director, from 24-05-2025 to date
KORAMIC REAL ESTATE INVESTMENT	Director, from 22-12-2025 to date
PATRIOS	Director, from 22-12-2025 to date
Boes & Verrue Bedrijfsrevisoren BV	Statutory auditor, from 10-08-2026 to date
Koenraad Van der Elst	Director, from 01-02-2006 not ended, last confirmed 06-03-2006
Jan Heyse	Director, from 19-04-2007 not ended, last confirmed 06-07-2007
Delox	Director, from 15-05-2007 not ended, last confirmed 06-07-2007
BV BOES JOSEPH-MICHEL BEDRIJFSREVISOR	Auditor, from 27-05-2023 to 10-08-2026
Christian Dumolin	Chair, from 08-09-2004 ended, last mentioned 01-09-2021 Managing director, from 01-02-2006 to 18-08-2021 Director, already before 22-05-2010 to 22-12-2025 Managing director, from 15-04-2022 to 22-12-2025
Oliver Management Consulting BV	Director and managing director, until 15-04-2022 Director and managing director, until 15-04-2022 Director, from 24-06-2022 to 17-11-2022 Director, from 31-10-2023 to 24-05-2025 Managing director, from 31-10-2023 to 10-01-2024
VDB Advisory CommV.	Director, until 24-05-2025
Kouter Services BV	Director, from 18-11-2022 to 15-11-2024 Managing director, from 13-06-2024 ended, last mentioned 19-09-2024
Sterckx Business Services BV	Director, from 10-01-2024 to 05-06-2024 Managing director, from 10-01-2024 to 05-06-2024
THred BV	Director, from 18-11-2022 to 30-10-2023 Managing director, from 18-11-2022 to 30-10-2023
Joseph-Michel Bedrijfsrevisor BV	Statutory auditor, from 19-06-2020 to 27-05-2023
NVE BV	Director, from 15-04-2022 to 17-11-2022
Odon BV	Director, from 24-06-2022 to 17-11-2022 Managing director, from 01-09-2022 to 17-11-2022
Liberty Associates SRL	Director, from 15-04-2022 to 31-08-2022 Managing director, from 15-04-2022 to 31-08-2022
BERT WEEMAES	Director, from 18-08-2021 to 15-04-2022 Managing director, from 18-08-2021 to 15-04-2022
Bert Weemaes BV	Director, until 15-04-2022
Vlaemminck BV	Director, from 19-06-2020 to 18-08-2021
DELOITTE Bedrijfsrevisoren BV	Auditor, from 13-07-2005 to 19-06-2020
Veerle Vercaigne	Director, from 26-05-2012 to 19-06-2020
Ivan Van den Bulcke	Director, from 01-02-2006 to 31-01-2018
Delox NV	Director, until 26-05-2012
Clement De Meersman	Director, from 01-09-2009 to 07-10-2011
Jan Laga	Director, until 05-10-2009
Benoit Tas	Director, from 01-02-2006 to 15-05-2007
Koramic Holding	Director, until 01-02-2006
Levantas	Director, until 01-02-2006

Show all 34 people Show the first 12See the board, name and seat on a given date →

Owners and capital

Owners

2 owners

Chain of control

NEWPORT INVESTMENTS SALU consolidates
KORAMIC INVESTMENTS 100%
Koramic Real Estate 100%
KORAMIC DEVELOPMENT PROJECTS

Highest known parent: NEWPORT INVESTMENTS SA (Luxembourg). The sources do not say who stands above it.

Owners 2

Koramic Real Estateparent
Sourceaccounts Koramic Real Estate 2025

100%
NEWPORT INVESTMENTS SALUconsolidating parent
Sourceparent in own accounts 2024

consolidates

According to the 2025 annual accounts of KORAMIC DEVELOPMENT PROJECTS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the acts

After the capital increase act of 22-11-2012 ↗

KORAMIC INVESTMENT GROUP €40,000,000

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

Capital over the years

09-02-2026 Capital reduction of €4,000,000 · to €55,841,408 · “zonder vernietiging van aandelen”, “mits evenredige aanpassing van de fractiewaarde”
09-02-2026 Capital increase of €30,000,000 · to €59,841,408 · 115,211 new shares · in cash
01-02-2021 Capital stated in the act · €29,841,408 · 114,602 shares
22-11-2012 Capital increase of €40,000,000 · to €40,161,200 · 114,142 new shares
22-11-2012 Capital reduction of €10,319,792 · to €29,841,408 · “aanzuivering van de geleden verliezen”
02-08-2005 Capital stated in the act · €161,200 · 460 shares