Financials
- Financial year
- 2025
- Turnover
- €94,421
- Profit
- €6,592
- Solvency
- 77.4%
Correct Products
ActiveSummary
Correct Products has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,943 and a net result of €6,592. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 77% of 9,627 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Office administrative, office support and other business support activities
NACE 82920
1 site
Size
€94,421turnover 2025
- Equity
- €31,943
- Profit
- €6,592
Structure
2025 accounts 15 days early1 deed in the Belgian Official Gazette
Why 86raises riskSize: turnover €94,421, total assets €41,2661 of the last 3 latelowers riskSector: Office administrative, office support and other business support activities (NACE 82)Equity €31,943 (77.4% of total assets)Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 64% of its sector peers (NACE 82, micro)
Financial strength · tick = 2024
Strong
Solvency
100+8
equity 77.4% of total assets
Liquidity
56+17
short-term debt 22.6% · cash 10.7%
Profitability
77-23
return on assets 16.0%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.1%
12-2024: 3.7%▲ +0.6 percentage points vs 11-2024highest value
01-2025: 1.3%▼ -2.4 percentage points vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.4%▲ +0.1 percentage points vs 02-2025
04-2025: 1.5%▲ +0.1 percentage points vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.5%● unchanged vs 06-2025
08-2025: 1.9%▲ +0.4 percentage points vs 07-2025
09-2025: 0.6%▼ -1.3 percentage points vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.4%▼ -0.2 percentage points vs 07-2026lowest value
09-2026: 0.4%● unchanged vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity ample (current ratio 4.1, compared with 3.04 in 2024, above the usual 1.5; short-term debt: 22.6% and cash: 10.7% of total assets), and 22.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro): better than 88% on solvency, 49% on liquidity, 49% on profitability and 70% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
15 days early
2024
26 days late
2023
132 days late
2022
172 days late
2021
31 days late
2020
37 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 64 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 102 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €13,996
Key points
By topic
Timeline
- Events
- 8
- Since
- 2021
- Next accounts
- by 31-07-2027
- 10-12-2024Annual accounts filed
- 19-01-2024Annual accounts filed
- 31-12-2023Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Office administrative, office support and other business support…NACE 82920
- Founded
- 05-06-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about Correct Products
- What is the company number of Correct Products?
- 0727.797.631. In Belgium the VAT number is the company number with BE in front: BE 0727.797.631.
- Where is Correct Products based?
- The registered office is at Fortstraat 1, 9280 Lebbeke.Company details
- What does Correct Products do?
- According to the KBO register, the main activity is office administrative, office support and other business support activities (NACE 82920).
- What is the legal form of Correct Products?
- Private limited company (BV).
- When was Correct Products founded?
- On 05-06-2019.
- Is Correct Products still active?
- Yes, Correct Products is an active enterprise in the KBO register.
- What is the turnover of Correct Products?
- €94,421 in financial year 2025, according to the filed annual accounts.Financials
- Is Correct Products profitable?
- In financial year 2025, Correct Products made a profit of €6,592.
- Where can I find the annual accounts of Correct Products?
- Correct Products filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Correct Products due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to Correct Products
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