Corbacio
ActiveSummary
Corbacio has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €719k and a net result of €185k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 75% of 3705 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▼-5
Solvency81▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.61 in 2024; short-term debt: 22.9% and cash: 9.9% of total assets), and 44.2% of the assets are financed with debt.
Credit check 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
55.8%
Return on assets
14.4%
Age of the figures
9 mo
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
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
29 d early
2023
2 d early
2022
on the day
2021
26 d early
2020
15 d early
2019
14 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€719k▲ 17.9%
2024 · €610k
2018: €369klowest in 8 years
2019: €446k▲ +20.7% vs 2018
2020: €451k▲ +1.1% vs 2019
2021: €481k▲ +6.7% vs 2020
2022: €513k▲ +6.6% vs 2021
2023: €527k▲ +2.8% vs 2022
2024: €610k▲ +15.8% vs 2023
2025: €719k▲ +17.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.29M▲ 44.0%
2024 · €895k
2018: €787k
2019: €831k▲ +5.5% vs 2018
2020: €756k▼ -8.9% vs 2019lowest in 8 years
2021: €811k▲ +7.3% vs 2020
2022: €823k▲ +1.4% vs 2021
2023: €825k▲ +0.2% vs 2022
2024: €895k▲ +8.5% vs 2023
2025: €1.29M▲ +44.0% vs 2024highest in 8 years
2018 → 2025
Net result
€185k▲ 11.9%
2024 · €165k
2018: €132k
2019: €96k▼ -27.2% vs 2018
2020: €45k▼ -53.5% vs 2019lowest in 8 years
2021: €82k▲ +83.1% vs 2020
2022: €108k▲ +31.5% vs 2021
2023: €123k▲ +14.2% vs 2022
2024: €165k▲ +34.1% vs 2023
2025: €185k▲ +11.9% vs 2024highest in 8 years
2018 → 2025
Working capital
€336k▼ 3.7%
2024 · €349k
2018: €58klowest in 8 years
2019: €145k▲ +149% vs 2018
2020: €173k▲ +19.2% vs 2019
2021: €234k▲ +35.5% vs 2020
2022: €226k▼ -3.6% vs 2021
2023: €208k▼ -7.8% vs 2022
2024: €349k▲ +67.6% vs 2023highest in 8 years
2025: €336k▼ -3.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€481k-€513k▲ 6.6%€527k▲ 2.8%€610k▲ 15.8%€719k▲ 17.9%
2021: €481klowest in 5 years
2022: €513k▲ +6.6% vs 2021
2023: €527k▲ +2.8% vs 2022
2024: €610k▲ +15.8% vs 2023
2025: €719k▲ +17.9% vs 2024highest in 5 years
Operating result€101k-€163k▲ 60.8%€187k▲ 14.4%€253k▲ 35.4%€278k▲ 9.9%
2021: €101klowest in 5 years
2022: €163k▲ +60.8% vs 2021
2023: €187k▲ +14.4% vs 2022
2024: €253k▲ +35.4% vs 2023
2025: €278k▲ +9.9% vs 2024highest in 5 years
Net result€82k-€108k▲ 31.5%€123k▲ 14.2%€165k▲ 34.1%€185k▲ 11.9%
2021: €82klowest in 5 years
2022: €108k▲ +31.5% vs 2021
2023: €123k▲ +14.2% vs 2022
2024: €165k▲ +34.1% vs 2023
2025: €185k▲ +11.9% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.29M
Fixed assets
€657k ▲ 99.7%
Current assets
€631k ▲ 11.6%
Equity and liabilities €1.29M
Equity
€719k ▲ 17.9%
Debt
€569k ▲ 100%
Debt's share of the balance-sheet total rises from 31.8% to 44.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€417k▲
2024 · €382k
Cash flow
€325k▲
2024 · €294k
Current ratio
2.14▼
2024 · 2.61
Quick ratio
1.85▼
2024 · 2.11
Debt to equity
0.79▲
2024 · 0.47
ROE
25.7%▼
2024 · 27.1%
ROA
14.4%▼
2024 · 18.5%
Interest coverage
11.92▼
2024 · 16.96
Debt ≤ 1 year
€295k▲
2024 · €217k
Debt > 1 year
€271k▲
2024 · €64k
Income taxes
€70k▼
2024 · €76k
Staff costs
€514k▲
2024 · €462k
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€895k€1.29M▲
Fixed assets21/28€329k€657k▲
Tangible fixed assets22/27€322k€649k▲
Land and buildings22€67k€79k▲
Plant, machinery and equipment23€244k€511k▲
Furniture and vehicles24€11k€59k▲
Financial fixed assets28€7k€9k▲
Current assets29/58€565k€631k▲
Amounts receivable after more than one year29€176k€286k▲
Other amounts receivable291€176k€286k▲
Stocks and contracts in progress3€109k€84k▼
Stocks30/36€109k€84k▼
Amounts receivable within one year40/41€34k€1k▼
Trade receivables40-€1k
Other amounts receivable41€34k€218▼
Current investments50/53-€125k
Cash at bank and in hand54/58€242k€128k▼
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€895k€1.29M▲
Equity10/15€610k€719k▲
Contributions10/11€8k€8k=
Reserves13€602k€711k▲
Distributable reserves133€602k€711k▲
Amounts payable17/49€285k€569k▲
Amounts payable after more than one year17€64k€271k▲
Financial debts170/4€64k€271k▲
Amounts payable within one year42/48€217k€295k▲
Current portion of amounts payable after more than one year42€45k€65k▲
Financial debts43€20k€40k▲
Credit institutions430/8€20k€40k▲
Trade debts44€38k€69k▲
Suppliers440/4€38k€69k▲
Advances received on contracts in progress46€29k€29k▼
Taxes, remuneration and social security45€84k€92k▲
Taxes450/3€33k€35k▲
Remuneration and social security454/9€50k€57k▲
Other amounts payable47/48€500-
Accrued charges and deferred income492/3€4k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€462k€514k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€129k€140k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€848k€936k▲
Operating profit (loss)9901€253k€278k▲
Financial income75/76B€11k€12k▲
Recurring financial income75€11k€12k▲
Financial charges65/66B€23k€35k▲
Recurring financial charges65€23k€35k▲
Profit (loss) for the period before taxes9903€241k€255k▲
Income taxes67/77€76k€70k▼
Profit (loss) for the period9904€165k€185k▲
Profit (loss) for the period to be appropriated9905€165k€185k▲
Appropriation of the result
Profit (loss) to be appropriated9906€165k€185k▲
Transfer from equity791/2€82k€76k▼
Transfer to equity691/2€165k€185k▲
To other reserves6921€165k€185k▲
Profit to be distributed694/7€82k€76k▼
Return on contributions (dividend)694€82k€76k▼
Social balance
Average headcount (FTE)90878.59.0▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €271k | €509k | €588k | €462k | €514k | ▲ 11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €106k | €109k | €123k | €129k | €140k | ▲ 8.4% |
| Other operating charges640/8 | €2k | €3k | €3k | €4k | €5k | ▲ 25.1% |
| Gross operating margin9900 | €480k | €784k | €901k | €848k | €936k | ▲ 10.4% |
| Operating profit (loss)9901 | €101k | €163k | €187k | €253k | €278k | ▲ 9.9% |
| Financial income75/76B | €3k | €5k | €7k | €11k | €12k | ▲ 15.1% |
| Recurring financial income75 | €3k | €5k | €7k | €11k | €12k | ▲ 15.1% |
| Financial charges65/66B | €12k | €16k | €19k | €23k | €35k | ▲ 55.6% |
| Recurring financial charges65 | €12k | €16k | €19k | €23k | €35k | ▲ 55.6% |
| Profit (loss) for the period before taxes9903 | €93k | €153k | €174k | €241k | €255k | ▲ 5.8% |
| Income taxes67/77 | €11k | €45k | €51k | €76k | €70k | ▼ 7.5% |
| Profit (loss) for the period9904 | €82k | €108k | €123k | €165k | €185k | ▲ 11.9% |
| Profit (loss) for the period to be appropriated9905 | €82k | €108k | €123k | €165k | €185k | ▲ 11.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €811k | €823k | €825k | €895k | €1.29M | ▲ 44.0% |
| Fixed assets21/28 | €411k | €413k | €430k | €329k | €657k | ▲ 99.7% |
| Tangible fixed assets22/27 | €410k | €408k | €423k | €322k | €649k | ▲ 101% |
| Land and buildings22 | €7k | €39k | €66k | €67k | €79k | ▲ 19.0% |
| Plant, machinery and equipment23 | €393k | €316k | €325k | €244k | €511k | ▲ 109% |
| Furniture and vehicles24 | €9k | €53k | €32k | €11k | €59k | ▲ 414% |
| Financial fixed assets28 | €1k | €5k | €7k | €7k | €9k | ▲ 21.2% |
| Current assets29/58 | €401k | €410k | €395k | €565k | €631k | ▲ 11.6% |
| Amounts receivable after more than one year29 | - | €69k | €67k | €176k | €286k | ▲ 62.4% |
| Other amounts receivable291 | - | €69k | €67k | €176k | €286k | ▲ 62.4% |
| Stocks and contracts in progress3 | €70k | €106k | €97k | €109k | €84k | ▼ 22.7% |
| Stocks30/36 | €70k | €106k | €97k | €109k | €84k | ▼ 22.7% |
| Amounts receivable within one year40/41 | €9k | €45k | €41k | €34k | €1k | ▼ 95.8% |
| Trade receivables40 | €2k | €3k | €456 | - | €1k | - |
| Other amounts receivable41 | €8k | €42k | €40k | €34k | €218 | ▼ 99.4% |
| Current investments50/53 | - | - | - | - | €125k | - |
| Cash at bank and in hand54/58 | €321k | €182k | €182k | €242k | €128k | ▼ 47.2% |
| Deferred charges and accrued income490/1 | - | €9k | €8k | €4k | €6k | ▲ 69.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €811k | €823k | €825k | €895k | €1.29M | ▲ 44.0% |
| Equity10/15 | €481k | €513k | €527k | €610k | €719k | ▲ 17.9% |
| Contributions10/11 | €8k | €8k | €8k | €8k | €8k | = |
| Reserves13 | €473k | €505k | €519k | €602k | €711k | ▲ 18.1% |
| Distributable reserves133 | €473k | €505k | €519k | €602k | €711k | ▲ 18.1% |
| Amounts payable17/49 | €331k | €311k | €298k | €285k | €569k | ▲ 100% |
| Amounts payable after more than one year17 | €163k | €125k | €109k | €64k | €271k | ▲ 323% |
| Financial debts170/4 | €163k | €125k | €109k | €64k | €271k | ▲ 323% |
| Amounts payable within one year42/48 | €167k | €184k | €187k | €217k | €295k | ▲ 36.2% |
| Current portion of amounts payable after more than one year42 | €43k | €38k | €46k | €45k | €65k | ▲ 45.7% |
| Financial debts43 | - | - | - | €20k | €40k | ▲ 97.0% |
| Credit institutions430/8 | - | - | - | €20k | €40k | ▲ 97.0% |
| Trade debts44 | €40k | €39k | €42k | €38k | €69k | ▲ 80.9% |
| Suppliers440/4 | €40k | €39k | €42k | €38k | €69k | ▲ 80.9% |
| Advances received on contracts in progress46 | €22k | €32k | €31k | €29k | €29k | ▼ 0.7% |
| Taxes, remuneration and social security45 | €48k | €76k | €69k | €84k | €92k | ▲ 9.6% |
| Taxes450/3 | €18k | €30k | €22k | €33k | €35k | ▲ 3.9% |
| Remuneration and social security454/9 | €30k | €45k | €47k | €50k | €57k | ▲ 13.4% |
| Other amounts payable47/48 | €14k | - | - | €500 | - | - |
| Accrued charges and deferred income492/3 | €1k | €2k | €3k | €4k | €4k | ▼ 10.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €82k | €108k | €123k | €165k | €185k | ▲ 11.9% |
| + Depreciation and write-downs630 | €106k | €109k | €123k | €129k | €140k | ▲ 8.4% |
| Operating cash flow (approximation) | €188k | €217k | €247k | €294k | €325k | ▲ 10.4% |
| Investment in fixed assets (approximation) | - | €-112k | €-140k | €-28k | €-468k | ▼ 1,564% |
| Change in cash | - | €-140k | €196 | €61k | €-114k | ▼ 289% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €185k ▲11.9%
Operating result €278k, net result €185k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €513k ▲6.6%
5 profitable years in a row build equity to €513k.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €45k ▼53.5%
Net result drops to €45k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Hasselt · 1 establishment unit since 2011
Ground area
317 m²
Building footprint
185 m²
Volume, LiDAR
1,681 m³
Parcel 71022H0402/00D000, Flanders · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Restaurant La Fontanella
since 20112.195.412.183
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0402/00D000 | Flanders | 317 m² | 1 · 185 m² | 14.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.195.412.183
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 5,226 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Contact
Phone
011/228255Hasselt
Scores and ratios are computed by Checked and are not a credit decision.