What does Korelec do?
KORELEC specializes in providing innovative electronic solutions for various industries. The company focuses on the development of advanced communication systems and electronic components. KORELEC aims to enhance operational efficiency and connectivity through its cutting-edge technology.
- Sectors
- Electricians Wholesalers
- Signals
-
ProfitableProfitable € 811K
The company reported a positive net result in the latest financial year.
Strong equityStrong equity € 3.23MStrong equity provides a buffer against setbacks.
Low riskLow risk 86.9%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 6.09A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive cashflowPositive cashflow € 916KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 1.01MPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 11.5%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2024
|
2023
|
2022
|
2021
|
|---|---|---|---|---|
|
€
2.44M
|
€
2.18M
|
€
2.13M
|
€
1.87M
|
|
|
€
1.01M
|
€
830K
|
€
977K
|
€
809K
|
|
|
€
716K
|
€
606K
|
€
598K
|
€
552K
|
|
|
€
3.23M
|
€
2.71M
|
€
2.51M
|
€
2.09M
|
|
|
86.92%
|
73.25%
|
85.93%
|
75.66%
|
|
|
€
482K
|
€
986K
|
€
408K
|
€
671K
|
|
|
€
2.08M
|
€
1.92M
|
€
1.39M
|
€
1.42M
|
|
|
15.40
|
15.40
|
15.40
|
14.40
|
Publications 34
All publications- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Wijziging Rechtsvorm - Ontslagen - Benoemingen 18/12/2023
- Me. - Jaarrekening 31.12.2015, Ggk 25.06.2016, Ngl 25.08.2016 16519-0352-018 06/09/2016
- Me. - Jaarrekening 31.12.2014, Ggk 27.06.2015, Ngl 30.06.2015 15229-0179-017 03/07/2015
- Me. - Jaarrekening 31.12.2013, Ggk 28.06.2014, Ngl 30.08.2014 14523-0109-017 04/09/2014
- Me. - Jaarrekening 31.12.2012, Ggk 29.06.2013, Ngl 01.07.2013 13242-0103-015 03/07/2013
Frequently asked questions
Answers to the most common questions about Korelec, based on official government data and the filed annual accounts.
What is the VAT number of Korelec?
The VAT number of Korelec is BE0422.651.269.
How many employees work at Korelec?
In 2024, Korelec employed 15.40 full-time equivalents (FTE).
When was Korelec established?
Korelec was founded in 27-04-1982.
What is the official address of Korelec?
The official address of Korelec is Brugsesteenweg 153 Kuurne 8520.
What is the legal form of Korelec?
The juridical form of Korelec is Private limited company (BV/SRL).
What is the annual revenue of Korelec?
The 2024 accounts of Korelec do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
What does Korelec do?
KORELEC specializes in providing innovative electronic solutions for various industries. The company focuses on the development of advanced communication systems and electronic components. KORELEC aims to enhance operational efficiency and connectivity through its cutting-edge technology.
Is Korelec a reliable company?
Korelec is a registered Rechtspersoon with company number 0422.651.269 and can be verified through the official CBE database.
What is the credit limit of Korelec?
The estimated credit limit of Korelec is €1,247,804.
Is Korelec still active?
Korelec currently has the status "Normal situation" and is active.