Equity
€12.3m ▼ 3.1%
KORBAL paid out €1.0m in dividends. That is 165% of the 2025 profit.
KORBAL
Lifetime
19 annual accounts with figures on one time axis, 21 filings since 2005peak €1.1m (2020)
€810,266▼ 16.1%
peak €1.1m (2014)
€605,795▼ 40.8%
peak €12.7m (2024)
€12.3m▼ 3.1%
€369,377▼ 44.3%
Board3 names since 2020
1 directorSMETS Denis
Documentsfilings and deeds
11-03-2026142 days before the deadline
2025abbreviated format
Gross margin from €965,832 to €810,266Result from €1.0m to €605,795Dividend €1.0mDebts from €663,671 to €369,377
Key points
from the 2025 annual accountsResult
€605,795 ▼ 40.8%
The result fell in 2025 from €1.0m to €605,795.
Turnover
≈ €1.1m estimated
The abbreviated format states no turnover.
Filings
21 annual accounts since 2005
The last five annual accounts were filed 89 to 153 days before the end of the period.
Group
4 companies controlled
Heads a group.
Position in the sector
€12.3m
More equity than 95% of companies in financial services. Sector median €580,572 · 6,709 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
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
1 signal, which does not raise the risk
1 signal.
neutral
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 11-03-2026, 142 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
142 days early
2024
150 days early
2023
153 days early
2022
89 days early
2021
132 days early
2020
86 days early
2019
32 days early
← 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 112 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 11 March (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Reappointment: Denis Smets (director)
General meeting of 10-03-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0866101221
Merger: KORBAL takes over INGRU
Permanent representative: SMETS Denis Jean-Marie · The company holds all the shares of INGRU · Director discharge: KORBAL (manager) · General meeting of 20-01-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KORBAL Putte | €12.7m | €810,266 | 97.1% | - |
| Intergamma België Antwerp | €11.3m | €811,370 | 12.6% | 2 |
| AMAZING BRANDS Antwerp | €11.6m | €811,051 | 99.1% | 2.7 |
| VALERIE VANDEPUT Heusden-Zolder | €13.8m | €787,557 | 52.0% | 5 |
| BRIKX Ternat | €13.3m | €918,196 | 44.6% | - |
| FAMIFLOR Moorslede | €12.4m | €791,098 | 94.5% | 6.4 |
| STRATIMCO Ostend | €12.4m | €943,961 | 92.3% | 5.3 |
These companies have the same main activity as KORBAL: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €11m and €14m, founded between 2001 and 2006.
Official details
Source: KBO- Status
- Active since 07-07-2004Normal situation
- Registered office
- 10 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Activities of holding companiesNACE 64210
- Establishment unit
- 2.264.256.4492580 Putte, since 07-07-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 24-02-2025
Annual accounts 2025
- €12.7m▼ 5.1%
- Filing
- Filed on 11-03-2026, 142 days before the end of the filing period
Companies linked to KORBAL
Subsidiaries and holdings
- DISTRI TAVEIRNE100%
- RUTA100%
Insights on KORBAL
KORBAL files the abbreviated format. That format states no turnover. The gross margin rose from €255,204 in 2007 to €810,266 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KORBAL
- What is the company number of KORBAL?
- The company number of KORBAL is 0866.101.221. The VAT number is the same number with BE in front: BE 0866.101.221.
- Where is KORBAL based?
- The registered office is at Beversluisweg 1, 2580 Putte.Company details
- What does KORBAL do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of KORBAL?
- KORBAL is a public limited company (NV).
- When was KORBAL founded?
- KORBAL was founded on 07-07-2004.
- Is KORBAL still active?
- Yes, KORBAL is an active enterprise in the KBO register.
- What is the turnover of KORBAL?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €810,266 and 34 comparable companies (NACE 64210). It probably lies between €890,000 and €1.7m.Financials
- Is KORBAL profitable?
- In financial year 2025, KORBAL made a profit of €605,795.
- Where can I find the annual accounts of KORBAL?
- KORBAL filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KORBAL due?
- KORBAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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