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KORAMIC DEVELOPMENT PROJECTS

Active
Public limited companyfounded 196066 yrs activeKapel ter Bede(Kor) 84, 8500 Kortrijk, BelgiumKBO/BCE: BE 0400.281.485
Summary

The annual accounts of KORAMIC DEVELOPMENT PROJECTS for fiscal 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 ~38.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 73% of 5663 sector peers (fiscal year 2025). The company has been active since 1960 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

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KORAMIC DEVELOPMENT PROJECTSActiveChecked score 56/100
Risk analysis ReportCompare

History

On 17 March 1960, KORAMIC DEVELOPMENT PROJECTS was incorporated.1 The name was changed to KORAMIC DEVELOPMENT in 2021 and to KORAMIC DEVELOPMENT PROJECTS in 2026.23 In 2005 the registered office moved to Kortrijk.4 The capital was increased 2 times between 2012 and 2026, most recently to €59.8m.53 W-Digital was merged into the company in 2020.6 Of the 7 current board members, OLIVER Management Consulting has served longest, since 2021.2 Revenue went from €50,000 in 2020 to €24.1m in 2025.7

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 01-09-2021
  3. 3Belgian State Gazette, 09-02-2026
  4. 4Belgian State Gazette, 02-08-2005
  5. 5Belgian State Gazette, 22-11-2012
  6. 6Belgian State Gazette, 01-02-2021
  7. 7National Bank, annual accounts 2020 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-08
State Gazette act Appointment: Boes & Verrue Bedrijfsrevisoren BV (statutory auditor)
Power of attorney3 facts ▸
  • General meeting, 23-05-2026
  • Auditor appointment, Boes & Verrue Bedrijfsrevisoren BV (statutory auditor)
  • Power of attorney, Andy Dujardin
22-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
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 change20 facts ▸
  • General meeting, 22-12-2025
  • Name change, KORAMIC DEVELOPMENT PROJECTS
  • Bank account, Belfius Bank nv, bijzondere rekening
  • Capital, €59.841.408
  • Capital decrease, €4.000.000
  • 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 (permanent representative)
  • Declaration, geen verbodsbepaling, noch gezegde vennootschap noch hijzelf is getroffen door enige verbodsbepaling die zich daartegen verzet
  • Director appointment, PATRIOS (director)
  • Permanent representative, Peter Alain ARTOIS (permanent representative)
  • Declaration, geen verbodsbepaling, noch gezegde vennootschap noch hijzelf is getroffen door enige verbodsbepaling die zich daartegen verzet
  • +8 further facts in this act
2025
31-12
Financial Equity above €25mEq €25.4m ▲286,231%
Equity rises from €8,867 to €25.4m.
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 ▸
  • 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 €226,726
Net result €226,726 after 6 loss-making years.
19-09
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 ▸
  • 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 ▸
  • 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 ▸
  • 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)
Show earlier events
02-08
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
2022
31-12
Financial Liquidity triplescurrent ratio 2.92
Current ratio from 1.12 to 2.92; short-term debt falls from €9.0m to €4.1m.
12-12
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 ▸
  • 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 ▸
  • 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 ▸
  • 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 ▸
  • 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 · 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 €2.6m to €293,065.
18-11
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 ▸
  • 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 -€7.6m
Net result drops to -€7.6m, 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 €39.1m to €2.6m.
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 ▸
  • 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 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 ▸
  • 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)
2014
01-12
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 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 ▸
  • 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 ▸
  • 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 ▸
  • 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 ▸
  • 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 ▸
  • 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 ▸
  • 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 ▸
  • 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 ▸
  • 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 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

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