COR-BO
ActiveCOR-BO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €262k and a net result of €132k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 52% of 9099 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
89
/ 100
Excellent▲ +38 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency59▼-2
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.28 in 2024), and 66.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
33.4%
Return on assets
16.8%
Age of the figures
11 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
6 d late
2023
15 d late
2022
5 d late
2021
9 d late
2020
5 d late
2019
23 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€262k▲ 4.6%
2024 · €250k
2018: €170k
2019: €211k
2020: €163k
2021: €228k
2022: €262k
2023: €253k
2024: €250k
2018 → 2025
Total assets
€784k▲ 9.0%
2024 · €719k
2018: €887k
2019: €862k
2020: €1.46M
2021: €1.05M
2022: €1.17M
2023: €510k
2024: €719k
2018 → 2025
Net result
€132k
2024 · €-3k
2018: €109k
2019: €131k
2020: €-48k
2021: €65k
2022: €134k
2023: €-9k
2024: €-3k
2018 → 2025
Working capital
€156k▲ 23.1%
2024 · €127k
2018: €27k
2019: €74k
2020: €40k
2021: €39k
2022: €127k
2023: €122k
2024: €127k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€228k-€262k▲ 14.9%€253k▼ 3.4%€250k▼ 1.1%€262k▲ 4.6%
Operating result€86k-€165k▲ 91.3%€15k▼ 90.9%€19k▲ 24.4%€163k▲ 770%
Net result€65k-€134k▲ 108%€-9k€-3k▲ 68.7%€132k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 770% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €784k
Fixed assets
€107k▼ 20.1%
Current assets
€677k▲ 15.7%
Equity and liabilities €784k
Equity
€262k▲ 4.6%
Debt
€522k▲ 11.4%
The debt ratio rises from 65.2% to 66.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€187k▲
2024 · €45k
Cash flow
€156k▲
2024 · €24k
Solvency
33.4%▼
2024 · 34.8%
Current ratio
1.30▲
2024 · 1.28
Quick ratio
1.30▲
2024 · 0.40
Debt / equity
1.99▲
2024 · 1.87
ROE
50.3%▲
2024 · -1.1%
ROA
16.8%▲
2024 · -0.4%
Interest coverage
8.51▲
2024 · 2.35
Debt
€522k▲
2024 · €469k
Debt ≤ 1 year
€522k▲
2024 · €459k
Debt > 1 year
€692▼
2024 · €10k
Income taxes
€10k▲
2024 · €2k
Staff costs
€139k▼
2024 · €170k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€719k€784k▲
Fixed assets21/28€134k€107k▼
Tangible fixed assets22/27€134k€107k▼
Land and buildings22€93k€87k▼
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€31k€13k▼
Current assets29/58€586k€677k▲
Stocks and contracts in progress3€404k€54▼
Stocks30/36€404k€54▼
Amounts receivable within one year40/41€144k€77k▼
Trade receivables40€22k€41k▲
Other amounts receivable41€122k€35k▼
Cash at bank and in hand54/58€6k€581k▲
Deferred charges and accrued income490/1€32k€19k▼
Equity and liabilities
Total equity and liabilities10/49€719k€784k▲
Equity10/15€250k€262k▲
Contributions10/11€20k€20k=
Reserves13€98k€98k=
Distributable reserves133€98k€98k=
Profit (loss) carried forward14€133k€144k▲
Amounts payable17/49€469k€522k▲
Amounts payable after more than one year17€10k€692▼
Financial debts170/4€10k€692▼
Amounts payable within one year42/48€459k€522k▲
Current portion of amounts payable after more than one year42€326k€9k▼
Financial debts43€550€418▼
Credit institutions430/8€550€418▼
Trade debts44€46k€87k▲
Suppliers440/4€46k€87k▲
Taxes, remuneration and social security45€7k€15k▲
Taxes450/3€2k€11k▲
Remuneration and social security454/9€4k€4k▼
Other amounts payable47/48€80k€410k▲
Income statement
Code20242025
Non-recurring operating income76A€4k€5k▲
Remuneration, social security and pensions62€170k€139k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€24k▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€218k€327k▲
Operating profit (loss)9901€19k€163k▲
Financial income75/76B€43€628▲
Recurring financial income75€43€628▲
Financial charges65/66B€19k€22k▲
Recurring financial charges65€19k€22k▲
Profit (loss) for the period before taxes9903€-562€141k▲
Income taxes67/77€2k€10k▲
Profit (loss) for the period9904€-3k€132k▲
Profit (loss) for the period to be appropriated9905€-3k€132k▲
Appropriation of the result
Profit (loss) to be appropriated9906€133k€264k▲
Profit (loss) brought forward from the previous period14P€136k€133k▼
Profit to be distributed694/7-€120k
Directors or managers695-€120k
Social balance
Average headcount (FTE)90872.82.3▼
The notes to these accounts (10 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
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
30-09
Financial
Back to profitnet €132k
Net result €132k after 2 loss-making years.
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 15 days late
2023
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 5 days late
2022
30-09
Financial
Highest result since 2018net €134k ▲108%
Operating result €165k, net result €134k, both a record.
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
2021
30-09
Financial
Back to profitnet €65k
Net result €65k after one loss-making year.
30-09
Financial
Equity above €200kEq €228k ▲39.5%
Equity rises from €163k to €228k.
05-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
2020
30-09
Financial
Weakest financial yearnet €-48k ▼136%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
23-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 23 days late
2019
30-09
Financial
Equity above €200kEq €211k ▲24.3%
2 profitable years in a row build equity to €211k.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
2017
01-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneNBB 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rotselaar · 1 establishment unit since 2007
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.
Drijfweg 13111 RotselaarGround area
1,048 m²
Building footprint
445 m²
Volume, LiDAR
2,712 m³
2 parcels, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
-
since 20072.159.385.294
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24123B0507/00D000 | Flanders | 584 m² | 1 · 318 m² | 10.5 m · 2 fl. |
| 24094D0257/00B000 | Flanders | 464 m² | 1 · 127 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JAN VANDORMAEL
BE 0861.339.610
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CAWOY
BE 0657.813.220
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FTH QUALITY CONSTRUCT
BE 0666.919.144
Châtelet · Eq €262k
Salex Grup
BE 0737.912.256
Koekelberg · Eq €262k
Bouwonderneming Keulers
BE 0817.382.376
Bilzen-Hoeselt · Eq €262k
Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 11,260 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2007
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
70111
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68310Real estate agency activities
68311Real estate activities
68322Real estate appraisal on a fee or contract basis
70113
70201
70203
70311
70312
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0479/993724