Korbo Woonprojecten
ActiveSummary
Korbo Woonprojecten has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €324k and a net result of €89k. Equity is growing by ~38.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+36
Solvency67▲+20
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.02 against 1.66 in 2024; short-term debt: 47.4% and cash: 0.1% of total assets), but 58% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42%
Return on assets
11.5%
Age of the figures
9 mo
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 11-06-2026, 50 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
50 d early
2024
50 d early
2023
26 d early
2022
26 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€324k▲ 37.8%
2024 · €235k
2022: €47k
2023: €234k
2024: €235k
2022 → 2025
Total assets
€772k▼ 27.7%
2024 · €1.07M
2022: €220k
2023: €621k
2024: €1.07M
2022 → 2025
Net result
€89k▲ 4,668%
2024 · €2k
2022: €45k
2023: €187k
2024: €2k
2022 → 2025
Working capital
€373k▼ 11.0%
2024 · €419k
2022: €73k
2023: €358k
2024: €419k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€47k-€234k▲ 394%€235k▲ 0.5%€324k▲ 37.8%
Operating result€61k-€277k▲ 357%€18k▼ 93.7%€156k▲ 790%
Net result€45k-€187k▲ 315%€2k▼ 99.0%€89k▲ 4,668%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 790% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €772k
Fixed assets
€33k ▲ 195%
Current assets
€739k ▼ 30.1%
Equity and liabilities €772k
Equity
€324k ▲ 37.8%
Debt
€448k ▼ 46.2%
Debt's share of the balance-sheet total falls from 78.0% to 58.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€163k▲
2024 · €18k
Cash flow
€96k▲
2024 · €3k
Current ratio
2.02▲
2024 · 1.66
Quick ratio
0.44▲
2024 · 0.22
Debt to equity
1.38▼
2024 · 3.54
ROE
27.4%▲
2024 · 0.8%
ROA
11.5%▲
2024 · 0.2%
Interest coverage
3.88▲
2024 · 1.19
Debt ≤ 1 year
€366k▼
2024 · €638k
Debt > 1 year
€82k▼
2024 · €195k
Income taxes
€25k▲
2024 · €280
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.07M€772k▼
Fixed assets21/28€11k€33k▲
Tangible fixed assets22/27€11k€33k▲
Furniture and vehicles24€11k€33k▲
Financial fixed assets28-€200
Current assets29/58€1.06M€739k▼
Amounts receivable after more than one year29€85k-
Other amounts receivable291€85k-
Stocks and contracts in progress3€919k€579k▼
Stocks30/36€919k€579k▼
Amounts receivable within one year40/41€47k€158k▲
Trade receivables40€42k€1k▼
Other amounts receivable41€5k€157k▲
Cash at bank and in hand54/58€2k€782▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.07M€772k▼
Equity10/15€235k€324k▲
Contributions10/11€3k€3k=
Reserves13€233k€322k▲
Distributable reserves133€233k€322k▲
Amounts payable17/49€833k€448k▼
Amounts payable after more than one year17€195k€82k▼
Other amounts payable178/9€195k€82k▼
Amounts payable within one year42/48€638k€366k▼
Current portion of amounts payable after more than one year42€51k-
Financial debts43€495k€89k▼
Credit institutions430/8€495k€89k▼
Trade debts44€60k€14k▼
Suppliers440/4€60k€14k▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€580-
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€30k€261k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€842€7k▲
Other operating charges640/8€474€1k▲
Gross operating margin9900€19k€164k▲
Operating profit (loss)9901€18k€156k▲
Financial charges65/66B€15k€42k▲
Recurring financial charges65€15k€42k▲
Profit (loss) for the period before taxes9903€2k€114k▲
Income taxes67/77€280€25k▲
Profit (loss) for the period9904€2k€89k▲
Profit (loss) for the period to be appropriated9905€2k€89k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€89k▲
Transfer to equity691/2€1k€89k▲
To other reserves6921€1k€89k▲
Profit to be distributed694/7€800-
Return on contributions (dividend)694€800-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-09
State Gazette act
BenamingName change · Statutes amendment · Power of attorney4 facts ▸
State Gazette act
Benaming
Name change · Statutes amendment · Power of attorney4 facts ▸
- General meeting, 07-09-2026
- Name change, Korbo Woonprojecten
- Statutes amendment
- Power of attorney
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €2k ▼99%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €187k ▲315%
Operating result €277k, net result €187k, both a record.
31-12
Financial
Equity above €200kEq €234k ▲394%
2 profitable years in a row build equity to €234k.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hamont-Achel · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kapelstraat 553930 Hamont-AchelGround area
1,257 m²
Building footprint
200 m²
Volume, LiDAR
921 m³
Parcel 72012D0001/00V000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HABRAKEN WOONPROJECTEN
since 20212.326.281.417
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72012D0001/00V000 | Flanders | 1,257 m² | 1 · 200 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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IMMOBILE ESTATE
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JB PROJECTS
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,104 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
41003General construction of other non-residential buildings
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.