Parent and group
- BB & B79.21%
Summary
KORFINE 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 €2.0m and a net result of €861,903, of which €612,161 non-recurring income. Equity has been growing by about 23% per year since 2018. Its solvency ranks better than 12% of 611 sector peers (NACE 66, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 08-04-2011 Normal situation
- Registered office
- 16 active companies are registered at this address Source: KBO register, as of 1 November 2026.
- Activity
- Insurance agents and brokers NACE 66220
- Joint committee
- 307 Paritair Comité voor de makelarij en verzekeringsagentschappen · annual accounts 2025
- Establishment unit
- 2.199.189.245 8500 Kortrijk, since 08-04-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
Board
- Boterbergh PatrickDirector · since 26-06-2023
Shareholders
- Korfinae100%2025 annual accounts of Korfinae
- Holdings
- Shares in 3 companies including ASSURAPP and CHECKNET BELGIUM
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Profit
- €861,903
- ▲ 130%
- Equity
- €2.0m
- ▲ 21.8%
- Total assets
- €38.6m
- ▼ 0.4%
- Employees on 31-12-2025
- 24
- ▼ 14.3%
Net result +130%: other schema
Filed on 27-07-2026, 4 days before the deadline
Signalsraises riskWeak solvency compared with the sectorneutralLatest 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.
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Signals
Two signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 611 sector peers (2025).
NBB · sector comparisonPosition among 611 sector peers
Solvency
better than 12%
← weakest
strongest →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
22 days early
2023
30 days early
2022
11 days early
2021
11 days early
2020
15 days early
2019
70 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 3 days before the deadline. In the sector (NACE 66), the median for financial year 2024 was 5 days before the deadline, and 39% 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 20 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Positive: Result rose in 2025different schema filed ▲ 130% View
- Caution: Lower solvency than 88% of companies in auxiliary financial servicessector median 41.7% · 611 companies 5.2% View
- Positive: 8 profitable years in a rowprofit 2025: €861,903, mostly one-off 8 years View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
Recent changes
- · Gazette deed Resignations & appointments
- · Gazette deed Incorporation
Companies linked to KORFINE
Subsidiaries and holdings
Comparable companies
These companies have the same main activity as KORFINE: insurance agents and brokers (NACE 66220). They are comparable in size and age: total assets between €15m and €53m, founded between 1987 and 2016.
| Company | Total assets | Turnover |
|---|---|---|
| KORFINE Kortrijk | €38.6m | €9.7m |
| DEGAUQUIER AND PARTNERS Leuze-en-Hainaut | €21.7m | €5.6m |
| HYPOTHEEKWINKEL Zaventem | €21.3m | €26.8m |
| MSIG Specialty Marine Schaarbeek | €27.4m | €53.5m |
| MARSH EUROPE Oudergem | €14.9m | €8.0m |
| Tysers Belgium Machelen (Brab.) | €53.4m | €23.4m |
| JEAN VERHEYEN Sint-Joost-ten-Node | €29.2m | €12.5m |
Key facts about KORFINE
- What is the company number of KORFINE?
- The company number of KORFINE is 0835.489.506. The VAT number is the same number with BE in front: BE 0835.489.506.
- Where is KORFINE based?
- The registered office is at Nijverheidskaai(Kor) 3, 8500 Kortrijk.Company details
- What does KORFINE do?
- According to the KBO register, the main activity is insurance agents and brokers (NACE 66220).
- What is the legal form of KORFINE?
- The legal form of KORFINE is Public limited company (NV).
- When was KORFINE founded?
- KORFINE was founded on 08-04-2011.
- Is KORFINE still active?
- Yes, KORFINE is an active enterprise in the KBO register.
- How many employees does KORFINE have?
- KORFINE had an average of 22.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KORFINE fall under?
- In its 2025 annual accounts, KORFINE states joint committee 307 (Paritair Comité voor de makelarij en verzekeringsagentschappen).
- What is the turnover of KORFINE?
- The turnover of KORFINE was €9.7m in financial year 2025, according to the filed annual accounts.
- Is KORFINE profitable?
- In financial year 2025, KORFINE made a profit of €861,903.
- Where can I find the annual accounts of KORFINE?
- KORFINE filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KORFINE due?
- KORFINE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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