COREC
ActiveSummary
COREC has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €24k. Its solvency ranks better than 33% of 2043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency47▲+47
Growth78
Track record82
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.21 against 0.61 in 2024; short-term debt: 74.2% and cash: 40.6% of total assets), and 78.2% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
21.8%
Return on assets
41.4%
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 02-07-2026, 29 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
29 d early
2024
24 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
Equity
€13k
2024 · €-11k
2024: €-11k
2024 → 2025
Total assets
€58k▲ 157%
2024 · €22k
2024: €22k
2024 → 2025
Net result
€24k
2024 · €-16k
2024: €-16k
2024 → 2025
Working capital
€9k
2024 · €-13k
2024: €-13k
2024 → 2025
Multi-year overview
Available amounts per fiscal year
Line20242025Trend
Equity€-11k-€13k
Operating result€-15k-€32k
Net result€-16k-€24k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €32k after a loss of €15k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€6k ▲ 188%
Current assets
€52k ▲ 154%
Equity and liabilities €58k
Equity
€13k
Debt
€45k
Debt finances 78.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€33k▲
2024 · €-15k
Cash flow
€25k▲
2024 · €-16k
Current ratio
1.21▲
2024 · 0.61
Debt to equity
3.59▲
2024 · -2.99
ROE
189.7%
ROA
41.4%▲
2024 · -72.6%
Interest coverage
6.64▲
2024 · -15.03
Debt ≤ 1 year
€43k▲
2024 · €34k
Income taxes
€3k▲
2024 · €76
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€22k€58k▲
Fixed assets21/28€2k€6k▲
Tangible fixed assets22/27€2k€6k▲
Furniture and vehicles24-€2k
Other tangible fixed assets26€2k€4k▲
Current assets29/58€20k€52k▲
Amounts receivable within one year40/41€17k€26k▲
Trade receivables40€17k€26k▲
Cash at bank and in hand54/58€1k€23k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€22k€58k▲
Equity10/15€-11k€13k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-16k€8k▲
Amounts payable17/49€34k€45k▲
Amounts payable within one year42/48€34k€43k▲
Financial debts43€219€0▼
Credit institutions430/8€219€0▼
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€161€3k▲
Taxes450/3€161€3k▲
Other amounts payable47/48€30k€35k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30€721▲
Other operating charges640/8-€139
Gross operating margin9900€-15k€33k▲
Operating profit (loss)9901€-15k€32k▲
Financial charges65/66B€1k€5k▲
Recurring financial charges65€1k€5k▲
Profit (loss) for the period before taxes9903€-16k€27k▲
Income taxes67/77€76€3k▲
Profit (loss) for the period9904€-16k€24k▲
Profit (loss) for the period to be appropriated9905€-16k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€8k▲
Profit (loss) brought forward from the previous period14P-€-16k
The notes to these accounts (5 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.21
Current ratio from 0.61 to 1.21.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Dilbeek · 1 establishment unit since 2024
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.
Moortebeekstraat 531700 DilbeekGround area
6,386 m²
Building footprint
414 m²
Volume, LiDAR
1,776 m³
Parcel 23016D0276/00X000, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COREC
since 20242.362.341.166
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016D0276/00X000 | Flanders | 6,386 m² | 1 · 414 m² | 12.5 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.
Similar companies · same sector, comparable size
GMT
BE 0464.548.440
Antwerpen · Eq €7k
RSCO
BE 0786.538.257
Aalst · Eq €22k
360-SPORTS.BE
BE 0662.893.446
Waasmunster · Eq €6k
KANS OP ARBEID ANTWERPEN
BE 0467.853.863
Antwerpen · Eq €37k
Centre de Formation et de Promotion Sociale
BE 0415.186.031
Erquelinnes · Eq €58k
Of 116 companies in sector 85591 we hold annual accounts for 25. 7 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
Founded06-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
85591Education
82990Other business support services
86220Specialist medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.