KORELEC (Private limited company)
KORELEC is a Belgian company registered with the Crossroads Bank for Enterprises under enterprise number 0422.651.269. It was founded on 27-04-1982. Its registered office is in Kuurne. Its main activity is: Specialised construction activities. Its annual accounts for 2025 report equity of € 3 535 352 and a profit of € 707 759. These accounts report 16.8 full-time equivalents. Addrly gives it a financial health grade of A, on a scale from A (safest) to E (most at risk). It filed its annual accounts within the legal deadline for each of its last 4 financial years.
Information last updated on 07-10-2026.
Company information
Key figures of KORELEC
| 2025 | 2024 | 2023 | |
|---|---|---|---|
Profit / lossiWhat the period earned after taxes. A negative amount is a loss. | € 707 759-1 % | € 716 109+18 % | € 605 665 |
EquityiWhat belongs to the shareholders: capital contributed, reserves and profits kept in the company. | € 3 535 352+10 % | € 3 227 592+19 % | € 2 711 483 |
Total assetsiEverything the company owns. Equal to total equity and liabilities, which says how it is financed. | € 4 039 889+9 % | € 3 713 4250 % | € 3 701 629 |
Gross marginiSales and other operating income, minus purchases of goods and services. What is left to pay the staff and everything else. | € 2 620 126+8 % | € 2 437 274+12 % | € 2 183 094 |
Employees (FTE)iAverage number of workers over the period, in full-time equivalents. | 16.8+10 % | 15.3-3 % | 15.7 |
Financial estimate
- 1 Shareholders
- 1 Board links
Similar companies
Other companies in the same activity in Kuurne.
| Company | Town |
|---|---|
| QUARTIER | 8520 Kuurne |
| Algemene Ondernemingen J. Vanleynseele | 8520 Kuurne |
| Centrale Verwarming Rigole | 8520 Kuurne |
| GROSELEC - SERVICE | 8520 Kuurne |
| CYRIEL AMEYE EN ZONEN | 8520 Kuurne |
| DEMAK | 8520 Kuurne |
| Claerbout Expertise | 8520 Kuurne |
| PROVOOST GEBROEDERS | 8520 Kuurne |
Frequently asked questions
Is KORELEC still active? Yes. The Crossroads Bank for Enterprises lists KORELEC as active.
What is the VAT number of KORELEC? The VAT number of KORELEC is BE 0422.651.269.
When was KORELEC founded? KORELEC was founded on 27-04-1982.
What is the address of KORELEC? The current registered office of KORELEC is Brugsesteenweg 153, 8520 Kuurne.
When did KORELEC last file annual accounts? The latest annual accounts of KORELEC were filed on 27-07-2026.
Does KORELEC file its annual accounts on time? Yes. KORELEC filed its annual accounts within the legal deadline for each of its last 4 financial years.
How many employees does KORELEC have? KORELEC employs 16.8 full-time equivalents according to its most recent annual accounts.
Is KORELEC financially healthy? Addrly gives KORELEC a financial health grade of A, on a scale from A (safest) to E (most at risk). The failure probability and the indicators behind it are visible with a free account.
Is KORELEC profitable? The annual accounts of KORELEC for 2025 show a profit of € 707 759.
What is the equity of KORELEC? The equity of KORELEC was € 3 535 352 at the close of the 2025 financial year.
Who are the directors of KORELEC? The annual accounts of KORELEC record 1 mandate. The name, role and dates are visible with a free account.
Can KORELEC receive Peppol e-invoices? Yes. KORELEC is registered on the Peppol network and can receive structured electronic invoices.
What does KORELEC do? The main activity of KORELEC is: Specialised construction activities.