About Korachem
Korachem is a public limited company (NV/SA) based in Wommelgem, founded in 1990. Its main activity is classified as "Vervaardiging van kunststoffen in primaire vormen". For the 2025 financial year, Korachem reported a loss of €223,363. A year earlier, in 2024, it still made a profit of €148,059. Revenue came to €18.8 million, up 9.8% on 2024. It employed an average of 36.3 full-time equivalents. Equity stands at €4.8 million, a solvency ratio of 50%. In 2009 it was €1.4 million. 16 annual accounts are available, covering 2009 to 2025.
- Sectors
- Wholesalers
- Signals
-
Reporting lossesReporting losses € -223K
The company reported a loss in the latest financial year.
Strong equityStrong equity € 4.84MStrong equity provides a buffer against setbacks.
Low riskLow risk 49.5%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 1.86A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive cashflowPositive cashflow € 609KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 756KPositive EBITDA: operating activities are profitable.
High turnoverHigh turnover € 18.83MSubstantial turnover in the latest financial year.
Healthy social debtHealthy social debt 17.9%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
18.83M
|
€
17.15M
|
€
18.27M
|
€
17.18M
|
|
|
€
756K
|
€
745K
|
€
808K
|
€
442K
|
|
|
€
-223K
|
€
148K
|
€
76K
|
€
3K
|
|
|
€
4.84M
|
€
5.06M
|
€
1.02M
|
€
947K
|
|
|
49.54%
|
49.76%
|
13.03%
|
11.75%
|
|
|
€
4.76M
|
€
4.91M
|
€
6.60M
|
€
7.03M
|
|
|
€
638K
|
€
473K
|
€
141K
|
€
217K
|
|
|
36.30
|
37
|
29.70
|
25.60
|
Publications 72
All publications- Ontslagen - Benoemingen 17/03/2026
- Ontslagen - Benoemingen 03/03/2026
- Ontslagen - Benoemingen 10/02/2026
- Ontslagen - Benoemingen 10/11/2025
- Ontslagen - Benoemingen 25/09/2025
Frequently asked questions
Answers to the most common questions about Korachem, based on official government data and the filed annual accounts.
What is the VAT number of Korachem?
The VAT number of Korachem is BE0442.879.432.
How many employees work at Korachem?
In 2025, Korachem employed 36.30 full-time equivalents (FTE).
When was Korachem established?
Korachem was founded in 31-12-1990.
What is the official address of Korachem?
The official address of Korachem is Gulkenrodestraat 3 Wommelgem 2160.
What is the legal form of Korachem?
The juridical form of Korachem is Public limited company (NV/SA).
What is the annual revenue of Korachem?
The revenue of Korachem for the 2025 financial year was €18,831,329.
Is Korachem a reliable company?
Korachem is a registered Rechtspersoon with company number 0442.879.432 and can be verified through the official CBE database.
What is the credit limit of Korachem?
The estimated credit limit of Korachem is €1,932,648.
Is Korachem still active?
Korachem currently has the status "Normal situation" and is active.