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KORESTATE

Active
Private limited companyfounded 2015active for 11 yearsPresident Kennedypark(Kor) 16B, 8500 Kortrijk, BelgiumKBO/BCE: BE 0627.721.345
Summary

KORESTATE has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28.2m and a net result of €1.7m. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 90% of 11,166 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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KORESTATEActiveChecked score 96/100
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Articles of association

What the company does

Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“3, administratieve zetels,exploitatiezetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij eenvoudig…” (deed in Dutch)

deed of 20-11-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Bestuur vennootschap herformulering, 11 e.v.” (deed in Dutch)
“TITEL_IV_BESTUUR_CONTROLE, 11_Bestuursorgaan” (deed in Dutch)

deed of 20-11-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, TITEL_III_EFFECTEN” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“10_Overdracht_overgang_van_aandelen, nietigheid” (deed in Dutch)

deed of 20-11-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of June at 11:00

deed of 20-11-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering beslissende in vormen vereist voor statutenwijziging, indien wettelijke voorwaarden vervuld” (deed in Dutch)

deed of 20-11-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Vaste vertegenwoordiger rechtspersoon-bestuurder of dagelijks bestuurder, 11” (deed in Dutch)
Other provision: “Vergoeding van de bestuurders, algemene kosten” (deed in Dutch)
Other provision: “Dagelijks bestuur, één of meer gedelegeerden (directeurs of andere)” (deed in Dutch)
Other provision: “Drie jaar, controle van de vennootschap” (deed in Dutch)
Other provision: “Toegang tot de algemene vergadering, houder van effecten op naam ingeschreven in register per categorie” (deed in Dutch)
Other provision: “Bestuurder,bij gebrek aanwezige aandeelhouder met meeste aandelen,bij pariteit oudste, zittingen-processen-verbaal” (deed in Dutch)
Other provision: “Beraadslagingen en stemming, meerderheid van stemmen,ongeacht vertegenwoordigde effecten,behoudens wet of statuten” (deed in Dutch)
Other provision: “Verdaging, drie weken” (deed in Dutch)
Other provision: “Bestemming van winst-reserves, in voorkomend geval verminderd met overgedragen verlies of vermeerderd met overgedragen winst” (deed in Dutch)
1 more provision in the deed, see the deed of 20-11-2023

deed of 20-11-2023

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