Korotec
Korotec has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €372k and a net result of €16k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €372k |
| Net result | €16k |
| Better than sector | 95% |
| Active | 15 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 97.3% | 58.1% | |
| Net result | €16k | €32k | |
| Equity | €372k | €53k | |
| Gross operating margin | €27k | €50k | |
| Total assets | €382k | €123k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €25k | €59k | €50k | €51k |
| Net profit | €16k | €40k | €33k | €36k |
| Cash flow | €20k | €44k | €36k | €38k |
| Staff costs | - | - | - | - |
| Income taxes | €7k | €17k | €14k | €12k |
| Dividends | - | - | - | - |
| Total assets | €382k | €375k | €336k | €302k |
| Equity | €372k | €356k | €315k | €282k |
| Debt | €10k | €19k | €21k | €20k |
| of which ≤ 1y | €10k | €18k | €20k | €17k |
| of which > 1y | - | - | - | - |
| Working capital | €362k | €343k | €303k | €270k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 35.74 | 19.61 | 15.96 | 17.34 |
| Quick ratio | 35.74 | 19.61 | 15.96 | 17.34 |
| Working capital ratio | 94.8% | 91.5% | 90.2% | 89.5% |
| Solvency | 97.3% | 94.9% | 93.8% | 93.4% |
| Debt / equity | 0.03 | 0.05 | 0.07 | 0.07 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 13.31 | 16.84 | 17.97 | 30.88 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 4.3% | 10.8% | 9.9% | 11.9% |
| ROE | 4.4% | 11.4% | 10.6% | 12.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €382k | €375k | €336k | €302k |
| Fixed assets | 21/28 | €10k | €13k | €13k | €15k |
| Tangible fixed assets | 22/27 | €10k | €13k | €13k | €15k |
| Current assets | 29/58 | €373k | €361k | €323k | €287k |
| Amounts receivable within one year | 40/41 | €37k | €13k | €13k | €26k |
| Investments | 50/53 | €220k | €214k | €204k | €47k |
| Cash & bank | 54/58 | €115k | €135k | €106k | €213k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €382k | €375k | €336k | €302k |
| Equity | 10/15 | €372k | €356k | €315k | €282k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k |
| Reserves | 13 | €366k | €349k | €309k | €276k |
| Amounts payable | 17/49 | €10k | €19k | €21k | €20k |
| Amounts payable within one year | 42/48 | €10k | €18k | €20k | €17k |
| Trade debts payable within one year | 44 | €3k | €5k | €4k | €4k |
| Income statement | |||||
| Gross operating margin | 9900 | €27k | €61k | €54k | €55k |
| Operating result | 9901 | €21k | €55k | €48k | €49k |
| Financial income | 75 | €4k | €5k | €2k | €930 |
| Financial charges | 65 | €2k | €3k | €3k | €2k |
| Result before taxes | 9903 | €23k | €57k | €47k | €48k |
| Income taxes | 67/77 | €7k | €17k | €14k | €12k |
| Net result for the period | 9904 | €16k | €40k | €33k | €36k |
| Result to be appropriated | 9905 | €16k | €40k | €33k | €36k |
| NACE primary | Computing infrastructure, data processing, hosting and related activities(63100) |
| Legal form | Private limited company(610) |
| Incorporation | 24-05-2011 |
| Status | Active |
| Postal code | 3630 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73013C0104/00A000 | Flanders | 589 m² | 1 · 165 m² | 9.8 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
27-05-2022 Registered office moved from Dilsen-Stokkem to Maasmechelen
- 3650 Dilsen-Stokkem, Roggestraat 15 → 3630 Maasmechelen, Larikstraat 14
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "3630 Maasmechelen, Larikstraat 14",
"city": "Maasmechelen",
"region": "vlaams_gewest",
"street": "Larikstraat",
"country": "BE",
"postcode": "3630",
"box_number": null,
"street_number": "14",
"locality_suffix": null
},
"old_address": {
"raw": "3650 Dilsen-Stokkem, Roggestraat 15",
"city": "Dilsen-Stokkem",
"region": "vlaams_gewest",
"street": "Roggestraat",
"country": "BE",
"postcode": "3650",
"box_number": null,
"street_number": "15",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": null,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": 3,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": "Geraldine COPS",
"firm_city": null,
"firm_name": "NOTARIS GERALDINE COPS",
"office_city": "Maaseik",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2022-05-27",
"filing_date": "2022-05-24",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2022-05-20",
"unanimous": true
},
"subject_company": {
"kbo": "0836.503.749",
"name_full": "Korotec",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Theijbers \u0026 Co",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"uitgifte van het proces-verbaal dd. 20 mei 2022",
"geco\u00F6rdineerde statuten"
]
}| Legal nameNL | Korotec |