CORENT
ActiveSummary
CORENT has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €296k and a net result of €-157k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 59% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-69
Solvency79▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.43 against 1.2 in 2024; short-term debt: 31.5% and cash: 5.8% of total assets), and 46.3% 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
21 d early
2023
30 d late
2022
13 d early
2021
3 d early
2020
31 d late
2019
31 d late
← 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-157k
2024 · €4k
2018: €110k
2019: €119k▲ +8.7% vs 2018highest in 8 years
2020: €-15k▼ -112% vs 2019
2021: €-21k▼ -46.1% vs 2020
2022: €113k▲ +631% vs 2021
2023: €78k▼ -30.6% vs 2022
2024: €4k▼ -94.7% vs 2023
2025: €-157k▼ -3899% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-98k
2024 · €52k
2018: €-292klowest in 8 years
2019: €-124k▲ +57.6% vs 2018
2020: €105k▲ +185% vs 2019
2021: €57k▼ -45.5% vs 2020
2022: €125k▲ +119% vs 2021highest in 8 years
2023: €118k▼ -5.5% vs 2022
2024: €52k▼ -55.8% vs 2023
2025: €-98k▼ -288% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€258k-€371k▲ 43.6%€449k▲ 21.1%€453k▲ 0.9%€296k▼ 34.7%
2021: €258klowest in 5 years
2022: €371k▲ +43.6% vs 2021
2023: €449k▲ +21.1% vs 2022
2024: €453k▲ +0.9% vs 2023highest in 5 years
2025: €296k▼ -34.7% vs 2024
Operating result€-12k-€148k€111k▼ 24.8%€9k▼ 92.0%€-155k
2021: €-12k
2022: €148k▲ +1349% vs 2021highest in 5 years
2023: €111k▼ -24.8% vs 2022
2024: €9k▼ -92.0% vs 2023
2025: €-155k▼ -1847% vs 2024lowest in 5 years
Net result€-21k-€113k€78k▼ 30.6%€4k▼ 94.7%€-157k
2021: €-21k
2022: €113k▲ +631% vs 2021highest in 5 years
2023: €78k▼ -30.6% vs 2022
2024: €4k▼ -94.7% vs 2023
2025: €-157k▼ -3899% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €155k after €9k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €551k
Fixed assets
€475k ▼ 6.9%
Current assets
€75k ▼ 75.8%
Equity and liabilities €551k
Equity
€296k ▼ 34.7%
Debt
€255k ▼ 31.0%
Debt's share of the balance-sheet total rises from 44.9% to 46.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-120k▼
2024 · €41k
Cash flow
€-122k▼
2024 · €36k
Current ratio
0.43▼
2024 · 1.20
Debt to equity
0.86▲
2024 · 0.82
ROE
-53.2%▼
2024 · 0.9%
ROA
-28.5%▼
2024 · 0.5%
Interest coverage
-51.59▼
2024 · 12.22
Debt ≤ 1 year
€174k▼
2024 · €260k
Debt > 1 year
€74k▼
2024 · €88k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€823k€551k▼
Fixed assets21/28€511k€475k▼
Tangible fixed assets22/27€511k€475k▼
Land and buildings22€511k€475k▼
Current assets29/58€312k€75k▼
Amounts receivable within one year40/41€279k€43k▼
Trade receivables40€279k€43k▼
Cash at bank and in hand54/58€33k€32k▼
Equity and liabilities
Total equity and liabilities10/49€823k€551k▼
Equity10/15€453k€296k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€50k€50k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€44k€44k=
Profit (loss) carried forward14€341k€184k▼
Amounts payable17/49€370k€255k▼
Amounts payable after more than one year17€88k€74k▼
Financial debts170/4€88k€64k▼
Other amounts payable178/9-€10k
Amounts payable within one year42/48€260k€174k▼
Current portion of amounts payable after more than one year42€36k€24k▼
Trade debts44€139k€6k▼
Suppliers440/4€139k€6k▼
Taxes, remuneration and social security45€29k€490▼
Taxes450/3€29k€490▼
Other amounts payable47/48€55k€143k▲
Accrued charges and deferred income492/3€22k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€35k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€163k
Other operating charges640/8€31k€32k▲
Gross operating margin9900€72k€75k▲
Operating profit (loss)9901€9k€-155k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€6k€-157k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€4k€-157k▼
Profit (loss) for the period to be appropriated9905€4k€-157k▼
Appropriation of the result
Profit (loss) to be appropriated9906€341k€184k▼
Profit (loss) brought forward from the previous period14P€337k€341k▲
The notes to these accounts (10 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 | €441k | €18k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34k | €44k | €32k | €32k | €35k | ▲ 10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €163k | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €-250k | - | - | - | - | - |
| Other operating charges640/8 | €32k | €24k | €25k | €31k | €32k | ▲ 3.0% |
| Gross operating margin9900 | €245k | €233k | €168k | €72k | €75k | ▲ 4.5% |
| Operating profit (loss)9901 | €-12k | €148k | €111k | €9k | €-155k | ▼ 1,847% |
| Financial income75/76B | €6 | - | €0 | - | - | - |
| Recurring financial income75 | €6 | - | €0 | - | - | - |
| Financial charges65/66B | €10k | €7k | €5k | €3k | €2k | ▼ 30.8% |
| Recurring financial charges65 | €10k | €7k | €5k | €3k | €2k | ▼ 30.8% |
| Profit (loss) for the period before taxes9903 | €-22k | €141k | €107k | €6k | €-157k | ▼ 2,949% |
| Income taxes67/77 | €-300 | €29k | €28k | €1k | - | - |
| Profit (loss) for the period9904 | €-21k | €113k | €78k | €4k | €-157k | ▼ 3,899% |
| Profit (loss) for the period to be appropriated9905 | €-21k | €113k | €78k | €4k | €-157k | ▼ 3,899% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €868k | €750k | €744k | €823k | €551k | ▼ 33.0% |
| Fixed assets21/28 | €522k | €487k | €455k | €511k | €475k | ▼ 6.9% |
| Tangible fixed assets22/27 | €522k | €487k | €455k | €511k | €475k | ▼ 6.9% |
| Land and buildings22 | €519k | €487k | €455k | €511k | €475k | ▼ 6.9% |
| Furniture and vehicles24 | €3k | - | - | - | - | - |
| Current assets29/58 | €346k | €263k | €288k | €312k | €75k | ▼ 75.8% |
| Amounts receivable within one year40/41 | €315k | €252k | €169k | €279k | €43k | ▼ 84.5% |
| Trade receivables40 | €280k | €231k | €169k | €279k | €43k | ▼ 84.5% |
| Other amounts receivable41 | €35k | €21k | - | - | - | - |
| Cash at bank and in hand54/58 | €26k | €11k | €120k | €33k | €32k | ▼ 1.8% |
| Deferred charges and accrued income490/1 | €5k | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €868k | €750k | €744k | €823k | €551k | ▼ 33.0% |
| Equity10/15 | €258k | €371k | €449k | €453k | €296k | ▼ 34.7% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €50k | €50k | €50k | €50k | €50k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | €44k | €44k | €44k | €44k | €44k | = |
| Profit (loss) carried forward14 | €146k | €258k | €337k | €341k | €184k | ▼ 46.1% |
| Amounts payable17/49 | €610k | €379k | €295k | €370k | €255k | ▼ 31.0% |
| Amounts payable after more than one year17 | €282k | €195k | €125k | €88k | €74k | ▼ 15.9% |
| Financial debts170/4 | €282k | €195k | €125k | €88k | €64k | ▼ 27.2% |
| Other amounts payable178/9 | - | - | - | - | €10k | - |
| Amounts payable within one year42/48 | €289k | €138k | €170k | €260k | €174k | ▼ 33.2% |
| Current portion of amounts payable after more than one year42 | €83k | €83k | €74k | €36k | €24k | ▼ 34.2% |
| Trade debts44 | €152k | €17k | €39k | €139k | €6k | ▼ 95.7% |
| Suppliers440/4 | €152k | €17k | €39k | €139k | €6k | ▼ 95.7% |
| Taxes, remuneration and social security45 | €8k | €38k | €57k | €29k | €490 | ▼ 98.3% |
| Taxes450/3 | €8k | €38k | €57k | €29k | €490 | ▼ 98.3% |
| Other amounts payable47/48 | €46k | - | - | €55k | €143k | ▲ 160% |
| Accrued charges and deferred income492/3 | €39k | €46k | - | €22k | €8k | ▼ 65.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-21k | €113k | €78k | €4k | €-157k | ▼ 3,899% |
| + Depreciation and write-downs630 | €34k | €44k | €32k | €32k | €35k | ▲ 10.3% |
| Operating cash flow (approximation) | €13k | €157k | €110k | €36k | €-122k | ▼ 437% |
| Investment in fixed assets (approximation) | - | €-9k | €0 | €-88k | €0 | ▲ 100% |
| Change in cash | - | €-14k | €109k | €-87k | €-598 | ▲ 99.3% |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 30 days late
2025
31-12
Financial
Weakest financial yearnet €-157k
Net result drops to €-157k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €113k
Net result €113k after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Highest result since 2018net €119k ▲8.7%
Net result €119k, the highest in the series.
31-12
Financial
Equity above €200kEq €294k ▲68.2%
2 profitable years in a row build equity to €294k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 167 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
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, Waasmunster · 1 establishment unit since 1988
Ground area
2.2 ha
Building footprint
6,482 m²
Volume, LiDAR
35,248 m³
2 parcels, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
NV CORENT
since 19882.040.589.196
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023A1078/00G000 | Flanders | 1.3 ha | 1 · 923 m² | 13.6 m · 3 fl. |
| 12422D0301/00K002 | Flanders | 9,549 m² | 1 · 5,559 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 828 companies in sector 46620 we hold annual accounts for 642. 507 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-10-1988
Fiscal year end31-12
Activities, NACEBEL 2025
46620Wholesale of machine tools
77399Renting and leasing of other machinery, equipment and tangible goods
Scores and ratios are computed by Checked and are not a credit decision.