KORUM
Annual accounts 2025
abbreviated format, filed on 25-05-2026, 67 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €67,000. Estimated: probably between €41,000 and €100,000.
Balance sheet
balance sheet total €155,380 on 31-12-2025in euro
in euro
Position in the sector
79.5%
Higher than 75% of 10,856 companies in 2025.
3.37
Higher than 71% of 10,478 companies in 2025.
0.4%
Higher than 25% of 10,725 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
155,380 | 173,777 | 236,813 | 274,883 | 277,848 | 294,203 | 340,548 | 429,525 | 453,391 | 478,776 | 493,161 | 591,555 | 544,715 | 541,073 | 604,083 | 641,969 | 714,930 | 811,823 | 736,983 | 751,967 | |
21/28 |
70,037 | 90,306 | 108,821 | 124,145 | 97,241 | 123,060 | 154,937 | 171,791 | 223,726 | 252,543 | 318,109 | 391,981 | 402,822 | 461,906 | 516,207 | 573,620 | 647,402 | 726,410 | 644,998 | 589,326 | |
22/27 |
38,037 | 58,306 | 76,821 | 92,145 | 65,241 | 91,060 | 122,937 | 139,791 | 191,726 | 252,543 | 318,109 | 391,981 | 402,822 | 461,906 | 516,207 | 573,620 | 647,402 | 726,410 | 644,998 | 589,326 | |
22 |
4,637 | 4,748 | 6,391 | 33,587 | 60,537 | 81,993 | 109,256 | 127,814 | 184,501 | 228,683 | 278,043 | 336,608 | 395,174 | 453,739 | 512,305 | 569,870 | 628,336 | 686,801 | 590,569 | 567,860 | |
23 |
2,614 | 3,758 | 3,368 | 3,422 | - | - | 105 | 482 | 859 | 1,669 | 1,955 | 1,812 | 2,919 | 1,862 | 2,663 | 1,043 | 1,455 | 2,509 | 3,238 | 3,734 | |
24 |
30,785 | 49,801 | 67,061 | 55,136 | 4,704 | 9,066 | 13,577 | 11,495 | 6,366 | 22,191 | 38,111 | 53,561 | 4,728 | 6,305 | 1,240 | 2,707 | 17,612 | 37,099 | 51,191 | 17,732 | |
28 |
32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | 32,000 | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
85,343 | 83,471 | 127,992 | 150,738 | 180,607 | 171,143 | 185,611 | 257,734 | 229,665 | 226,234 | 175,052 | 199,574 | 141,894 | 79,167 | 87,876 | 68,349 | 67,528 | 85,414 | 91,986 | 162,641 | |
40/41 |
33,479 | 29,600 | 28,738 | - | 30,694 | 49,106 | 22,064 | 3,102 | 30,874 | 24,821 | 12,009 | 37,257 | 53,023 | 48,408 | 48,870 | 40,341 | 41,151 | 32,687 | 25,730 | 19,872 | |
40 |
33,479 | 29,600 | 28,738 | - | - | 24,731 | 15,400 | - | 600 | - | - | 300 | - | 183 | - | - | - | - | - | - | |
41 |
- | - | - | - | 30,694 | 24,374 | 6,664 | 3,102 | 30,274 | 24,821 | 12,009 | 36,957 | 53,023 | 48,225 | 48,870 | 40,341 | 41,151 | 32,687 | 25,730 | 19,872 | |
50/53 |
- | - | - | - | - | - | 141 | 141 | 141 | 141 | 141 | 141 | 141 | 1,040 | 1,029 | 1,016 | 1,002 | 40,397 | 55,000 | - | |
54/58 |
51,864 | 53,871 | 99,254 | 150,738 | 149,913 | 93,858 | 135,336 | 254,491 | 198,650 | 201,272 | 162,902 | 162,176 | 88,731 | 26,843 | 35,793 | 24,910 | 23,433 | 10,230 | 9,248 | 142,768 | |
490/1 |
- | - | - | - | - | 28,180 | 28,070 | - | - | - | - | - | - | 2,876 | 2,184 | 2,082 | 1,943 | 2,099 | 2,009 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
155,380 | 173,777 | 236,813 | 274,883 | 277,848 | 294,203 | 340,548 | 429,525 | 453,391 | 478,776 | 493,161 | 591,555 | 544,715 | 541,073 | 604,083 | 641,969 | 714,930 | 811,823 | 736,983 | 751,967 | |
10/15 |
123,483 | 122,915 | 125,750 | 168,267 | 190,014 | 222,847 | 224,740 | 221,794 | 179,048 | 139,658 | 100,878 | 81,285 | 69,542 | 33,089 | 42,385 | 23,582 | 36,496 | 81,282 | 77,530 | 77,139 | |
10/11 |
6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | 6,208 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | |
13 |
117,275 | 116,707 | 119,542 | 162,059 | 183,806 | 218,532 | 218,532 | 215,586 | 172,840 | 133,450 | 94,670 | 75,077 | 75,074 | 75,074 | 75,074 | 75,074 | 75,074 | 75,074 | 71,322 | 74,681 | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,859 | |
133 |
117,275 | 116,707 | 119,542 | 162,059 | 183,806 | 218,532 | 216,672 | 213,726 | 170,980 | 131,590 | 92,810 | 73,217 | 73,214 | 73,214 | 73,214 | 73,214 | 73,214 | 73,214 | 69,462 | 72,822 | |
14 |
- | - | - | - | - | -1,894 | - | - | - | - | - | - | -11,740 | -48,193 | -38,897 | -57,700 | -44,786 | - | - | -3,750 | |
17/49 |
31,897 | 50,862 | 111,063 | 106,616 | 87,834 | 71,356 | 115,808 | 207,731 | 274,343 | 339,118 | 392,283 | 510,270 | 475,173 | 507,984 | 561,698 | 618,387 | 678,434 | 730,541 | 659,453 | 674,827 | |
17 |
6,589 | 23,490 | 42,686 | 39,009 | 5,087 | 25,923 | 65,739 | 110,146 | 159,845 | 232,851 | 303,236 | 370,413 | 396,170 | 450,158 | 501,461 | 551,209 | 606,754 | 659,791 | 553,337 | 306,331 | |
170/4 |
6,589 | 23,490 | 42,686 | 39,009 | 5,087 | 25,923 | 65,739 | 110,146 | 159,845 | 232,851 | 303,236 | 370,413 | 396,170 | 450,158 | 501,461 | 551,209 | 606,754 | 659,791 | 553,337 | 306,331 | |
42/48 |
25,307 | 27,373 | 68,377 | 67,606 | 82,747 | 45,433 | 50,069 | 97,586 | 114,498 | 106,267 | 89,047 | 139,857 | 79,004 | 57,826 | 60,236 | 67,178 | 71,680 | 70,750 | 106,116 | 368,496 | |
42 |
16,159 | 18,455 | 18,536 | 15,368 | 20,836 | 39,816 | 44,407 | 49,699 | 73,006 | 70,385 | 67,177 | 64,463 | 53,988 | 51,303 | 49,748 | 55,544 | 53,038 | 50,645 | 41,069 | 23,096 | |
43 |
- | - | - | - | - | - | - | 6,250 | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | 6,250 | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
929 | 340 | 275 | 722 | 47 | 611 | 2,467 | 1,295 | 1,500 | 3,573 | 1,714 | 341 | 273 | 2,355 | 706 | 2,636 | 2,402 | 4,771 | 6,009 | 241,606 | |
440/4 |
929 | 340 | 275 | 722 | 47 | 611 | 2,467 | 1,295 | 1,500 | 3,573 | 1,714 | 341 | 273 | 2,355 | 706 | 2,636 | 2,402 | 4,771 | 6,009 | 241,606 | |
45 |
8,220 | 5,345 | 6,506 | 11,811 | 23,085 | 5,006 | 1,745 | 38,211 | 39,992 | 32,310 | 19,349 | 38,452 | 24,742 | 4,167 | 9,782 | 8,998 | 16,240 | 14,527 | 31,038 | 43,795 | |
450/3 |
8,220 | 5,345 | 6,506 | 11,811 | 23,085 | 5,006 | 1,745 | 38,211 | 39,992 | 32,310 | 19,349 | 38,452 | 24,742 | 4,167 | 9,782 | 8,998 | 16,240 | 14,527 | 31,038 | 43,795 | |
47/48 |
- | 3,233 | 43,060 | 39,705 | 38,780 | - | 1,451 | 2,131 | - | - | 807 | 36,600 | - | - | - | - | - | 807 | 28,000 | 60,000 | |
| Income statement | |||||||||||||||||||||
9900 |
25,762 | 27,574 | 50,546 | 70,574 | 84,456 | 45,069 | 65,604 | 180,899 | 169,337 | 170,833 | 137,967 | 184,736 | 140,931 | 79,682 | 111,269 | 95,842 | 68,851 | 126,355 | 154,057 | 65,182 | |
630 |
20,269 | 21,668 | 18,135 | 26,034 | 25,107 | 34,724 | 42,656 | 55,677 | 78,026 | 79,337 | 78,853 | 78,017 | 61,249 | 62,182 | 60,980 | 74,586 | 79,007 | 80,140 | 68,568 | 50,313 | |
640/8 |
1,624 | 1,585 | 27,829 | 14,354 | 20,942 | 4,868 | 6,778 | 51,285 | 10,048 | 9,214 | 7,167 | 9,007 | 7,035 | 6,210 | 6,274 | 7,292 | 5,983 | 3,769 | 6,796 | 2,955 | |
9901 |
3,869 | 4,321 | 4,582 | 30,185 | 38,407 | 5,477 | 16,170 | 73,937 | 81,263 | 82,282 | 51,948 | 97,712 | 72,648 | 11,290 | 44,015 | 13,964 | -16,139 | 42,447 | 78,693 | 11,914 | |
75/76B |
- | - | - | 706 | 1,728 | - | - | - | 2,324 | 1,672 | 1,950 | 3,991 | 4,328 | 4,478 | 3,831 | 3,603 | 3,884 | 4,936 | 2,692 | 3,667 | |
75 |
- | - | - | 706 | 1,728 | - | - | - | 2,324 | 1,672 | 1,950 | 3,991 | 4,328 | 4,478 | 3,831 | 3,603 | 3,884 | 4,936 | 2,692 | 3,667 | |
65/66B |
1,271 | 2,245 | 2,586 | 2,280 | 2,953 | 4,731 | 6,786 | 9,294 | 11,908 | 15,304 | 18,296 | 20,568 | 22,709 | 25,091 | 27,759 | 30,481 | 32,531 | 32,859 | 25,711 | 16,721 | |
65 |
1,271 | 2,245 | 2,586 | 2,280 | 2,953 | 4,731 | 6,786 | 9,294 | 11,908 | 15,304 | 18,296 | 20,568 | 22,709 | 25,091 | 27,759 | 30,481 | 32,531 | 32,859 | 25,711 | 16,721 | |
9903 |
2,598 | 2,075 | 1,997 | 28,611 | 37,182 | 746 | 9,384 | 64,644 | 71,679 | 68,651 | 35,602 | 81,136 | 54,267 | -9,324 | 20,087 | -12,914 | -44,786 | 14,524 | 55,674 | -1,140 | |
67/77 |
2,030 | 1,964 | 1,769 | 10,968 | 31,235 | 2,640 | 6,438 | 21,898 | 32,288 | 29,871 | 15,203 | 32,792 | 17,814 | -28 | 1,283 | - | - | 9,965 | 27,283 | 2,610 | |
9904 |
568 | 111 | 228 | 17,644 | 5,947 | -1,894 | 2,947 | 42,745 | 39,390 | 38,780 | 20,400 | 48,344 | 36,452 | -9,296 | 18,803 | -12,914 | -44,786 | 4,559 | 28,391 | -3,750 | |
9905 |
568 | 111 | 228 | 17,644 | 5,947 | -1,894 | 2,947 | 42,745 | 39,390 | 38,780 | 20,400 | 48,344 | 36,452 | -9,296 | 18,803 | -12,914 | -44,786 | 4,559 | 28,391 | -3,750 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
568 | 111 | 228 | 17,644 | 4,054 | -1,894 | 2,947 | 42,745 | 39,390 | 38,780 | 20,400 | 36,603 | -11,740 | -48,193 | -38,897 | -57,700 | -44,786 | 4,559 | 24,641 | -3,750 | |
14P |
- | - | - | - | -1,894 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 2,947 | 42,745 | 39,390 | 38,780 | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,360 | 60,000 | |
691/2 |
568 | 111 | 228 | 17,644 | 4,054 | - | 2,947 | 42,745 | 39,390 | 38,780 | 19,593 | 3 | - | - | - | - | - | 3,752 | 1 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | |
6921 |
568 | 111 | 228 | 17,644 | 4,054 | - | 2,947 | 42,745 | 39,390 | 38,780 | 19,593 | 3 | - | - | - | - | - | 3,752 | - | - | |
694/7 |
- | 2,947 | 42,745 | 39,390 | 38,780 | - | - | - | - | - | 807 | 36,600 | - | - | - | - | - | 807 | 28,000 | 60,000 | |
694 |
- | 2,947 | 42,745 | 39,390 | 38,780 | - | - | - | - | - | 807 | 36,600 | - | - | - | - | - | 807 | 28,000 | 60,000 | |
| Document | |||||||||||||||||||||
The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 25-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 25-05-2026 | 2026-00122906 | |
| 31-12-2024 | abbreviated format | 23-05-2025 | 2025-00106648 | |
| 31-12-2023 | abbreviated format | 28-05-2024 | 2024-00102064 | |
| 31-12-2022 | abbreviated format | 30-05-2023 | 2023-00100838 | |
| 31-12-2021 | abbreviated format | 07-06-2022 | 2022-20051677 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-57600190 | |
| 31-12-2019 | abbreviated format | 28-08-2020 | 2020-46300171 | |
| 31-12-2018 | abbreviated format | 29-07-2019 | 2019-40900159 | |
| 31-12-2017 | abbreviated format | 19-07-2018 | 2018-35300056 | |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-50200350 | |
| 31-12-2015 | abbreviated format | 26-08-2016 | 2016-48700397 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-53800516 | |
| 31-12-2013 | abbreviated format | 27-08-2014 | 2014-50800368 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-56200454 | |
| 31-12-2011 | abbreviated format | 30-08-2012 | 2012-52000110 | |
| 31-12-2010 | abbreviated format | 30-08-2011 | 2011-49800335 | |
| 31-12-2009 | abbreviated format | 26-08-2010 | 2010-48200401 | |
| 31-12-2008 | abbreviated format | 18-08-2009 | 2009-59000102 | |
| 31-12-2007 | abbreviated format | 22-08-2008 | 2008-61100111 | |
| 31-12-2006 | abbreviated format | 20-08-2007 | 2007-57900307 | |
| 31-12-2005 | abbreviated format | 24-08-2006 | 2006-66601346 | |
| 31-12-2004 | abbreviated format | 30-09-2005 | 2005-77805353 | |
| 31-12-2003 | abbreviated format | 12-07-2004 | 2004-44200349 | |
| 31-12-2002 | abbreviated format | 12-06-2003 | 2003-22302561 | |
| 31-12-2001 | abbreviated format | 20-09-2002 | 2002-57301582 | |
| 31-12-2000 | abbreviated format | 29-06-2001 | 2001-30002499 | |
| 31-12-1999 | abbreviated format | 25-05-2000 | 2000-15101675 | |
| 31-12-1998 | abbreviated format | 22-09-1999 | 1999-48101857 | |
| 31-12-1997 | abbreviated format | 23-06-1998 | 1998-20605188 | |
| 31-12-1996 | abbreviated format | 29-05-1997 | 1997-10101243 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24,138 | 25,989 | 22,718 | 56,220 | 63,515 | 40,200 | 58,826 | 129,614 | 159,289 | 161,619 | 130,800 | 175,730 | 133,896 | 73,472 | 104,995 | 88,551 | 62,868 | 122,587 | 147,261 | 62,227 | ||
| 20,838 | 21,779 | 18,364 | 43,678 | 31,055 | 32,830 | 45,603 | 98,422 | 117,416 | 118,117 | 99,253 | 126,361 | 97,701 | 52,886 | 79,783 | 61,672 | 34,222 | 84,699 | 96,959 | 46,563 | ||
| 0 | 3,154 | 28,122 | 62,670 | 551 | 2,846 | 25,803 | 3,742 | 51,381 | 13,771 | 4,981 | 67,177 | 2,164 | 7,881 | 3,568 | 804 | 0 | 161,551 | 124,240 | 257,596 | ||
| -2,007 | -45,384 | -51,484 | 826 | 56,055 | -41,478 | -119,156 | 55,841 | -2,621 | 38,370 | 726 | 73,445 | 61,888 | -8,950 | 10,883 | 1,477 | 13,202 | 983 | -133,521 | - | ||
| 60,035 | 56,098 | 59,616 | 83,132 | 97,860 | 125,710 | 135,542 | 160,148 | 115,167 | 119,966 | 86,005 | 59,717 | 62,890 | 21,341 | 27,639 | 1,171 | -4,152 | 14,664 | -14,131 | -205,856 | ||
| 79.5% | 70.7% | 53.1% | 61.2% | 68.4% | 75.7% | 66.0% | 51.6% | 39.5% | 29.2% | 20.5% | 13.7% | 12.8% | 6.1% | 7.0% | 3.7% | 5.1% | 10.0% | 10.5% | 10.3% | ||
| 3.37 | 3.05 | 1.87 | 2.23 | 2.18 | 3.77 | 3.71 | 2.64 | 2.01 | 2.13 | 1.97 | 1.43 | 1.80 | 1.37 | 1.46 | 1.02 | 0.94 | 1.21 | 0.87 | 0.44 | ||
| 0.26 | 0.41 | 0.88 | 0.63 | 0.46 | 0.32 | 0.52 | 0.94 | 1.53 | 2.43 | 3.89 | 6.28 | 6.83 | 15.35 | 13.25 | 26.22 | 18.59 | 8.99 | 8.51 | 8.75 | ||
| 0.5% | 0.1% | 0.2% | 10.5% | 3.1% | -0.8% | 1.3% | 19.3% | 22.0% | 27.8% | 20.2% | 59.5% | 52.4% | -28.1% | 44.4% | -54.8% | -122.7% | 5.6% | 36.6% | -4.9% | ||
| 0.4% | 0.1% | 0.1% | 6.4% | 2.1% | -0.6% | 0.9% | 10.0% | 8.7% | 8.1% | 4.1% | 8.2% | 6.7% | -1.7% | 3.1% | -2.0% | -6.3% | 0.6% | 3.9% | -0.5% | ||
| 19.00 | 11.57 | 8.79 | 24.65 | 21.51 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,154 | €28,122 | €62,670 | €551 |
| €20,269 | €21,668 | €18,135 | €26,034 | €25,107 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on KORUM
The operating result for 2025 is 10% lower than in 2024 and the lowest since 2009. It is the fourth fall in a row.
Debt's share of the balance-sheet total falls from 29.3% to 20.5%. Equity is higher and debt is lower.