Subsidiaries and holdings
- DELMARENGO100%
- ORNIMMO99.73%
- DELFILATURE90%
- COURCELLES PET’S COMPANY25%
COURCELLES RETAIL
ActiveSummary
COURCELLES RETAIL has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €4.4m and a net result of €457,467. Equity has been growing by about 5.8% per year since 2019. Its solvency ranks better than 75% of 158 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 25-10-2007 Normal situation
- Registered office
- 29 active companies are registered at this address 6 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Business and other management consultancy NACE 70200and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-03-2026
- Establishment unit
- 2.166.382.558 7080 Frameries, since 23-10-2007
- Financial year end
- 31 March
- Peppol
- Reachable since 21-10-2026
Board and ownership
Board
- COURCELLES AmédéoDirector · since 10-12-2021
- COURCELLES GROUP S.R.L.Director · since 10-12-2021
Shareholders
- COURCELLES GROUP10%· score 63annual accounts 31-03-2026
- Holdings
- Shares in 6 companies including A.B.C.GROUP and DELDOUR
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts to 31-03-2026
- Turnover
- €619,694
- ▲ 14.7%
- Profit
- €457,467
- ▲ 82.8%
- Equity
- €4.4m
- ▲ 8.8%
- Total assets
- €5.9m
- ▲ 22.8%
- Employees on 31-03-2026
- 4
- ▲ 33.3%
Filed on 14-09-2026, 47 days before the deadline
Score breakdownraises riskLiquidity: current ratio 4.41, cash €83,919, halvedlowers riskFigures for financial year 2026 (filed on 15-09-2026)Founded in 2007Equity €4.4m (74.8% of total assets)Show the evidence
Checked score
Score 2026
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 46% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2025
Average
Solvency
100=
equity 74.8% of total assets
Liquidity
50-7
short-term debt 12.1% · cash 1.4%
Profitability
19+2
return on assets 7.7%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025lowest value
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: 0.1%▲ +0.1 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.41 (16.26 in 2025), above the usual 1.5. Short-term debt is 12.1% and cash 1.4% of total assets. 25.2% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 71% of them on solvency, 36% on liquidity, 14% on profitability and 64% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-09-2026, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
47 days early
2025
21 days early
2024
20 days early
2023
34 days early
2022
3 days early
2021
16 days late
2020
19 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 10 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-03-2027 year end31-10-2027 deadline
Key points
- Positive: Result rose in 2026from €250,247 to €457,467 ▲ 82.8% View
- Positive: 2nd largest company by total assets in Frameries, Professional and technical services…in the Checked rankings No. 2 View
- Positive: 8 profitable years in a rowprofit 2026: €457,467 8 years View
- Merger with société absorbéemerger on 13-05-2026 2026 View
- Heads a groupcompanies controlled · known shareholders 10% 6 View
- Positive: Filed on time since financial year 2022accounts within the deadline every year 5 years View
Recent changes
- · Gazette deed Merger: B.C. GROUP takes over société absorbéeCompany renamed to COURCELLESRETAIL
- · Gazette deed Merger proposal: BC,GROUP takes over ABC_GROUP
- · Gazette deed Incorporation
Companies linked to COURCELLES RETAIL
Comparable companies
These companies have the same main activity as COURCELLES RETAIL: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €4.8m and €8.9m, founded between 2002 and 2011.
| Company | Total assets | Turnover |
|---|---|---|
| COURCELLES RETAIL Frameries | €5.9m | €0.6m |
| A-HOLDING Bocholt | €6.1m | €0.6m |
| RETAIL SERVICES MANAGEMENT Tournai | €7.0m | €1.1m |
| TIME ZONE Ranst | €7.3m | €0.5m |
| Mobil Invest Namur | €5.8m | €0.4m |
| POSA Roeselare | €4.8m | €0.6m |
| ARCADE Visé | €8.9m | €0.7m |
Key facts about COURCELLES RETAIL
- What is the company number of COURCELLES RETAIL?
- The company number of COURCELLES RETAIL is 0893.061.479. The VAT number is the same number with BE in front: BE 0893.061.479.
- Where is COURCELLES RETAIL based?
- The registered office is at Av. des Nouvelles Technologies 71, 7080 Frameries.Company details
- What does COURCELLES RETAIL do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of COURCELLES RETAIL?
- The legal form of COURCELLES RETAIL is Private limited company (BV).
- When was COURCELLES RETAIL founded?
- COURCELLES RETAIL was founded on 25-10-2007.
- Is COURCELLES RETAIL still active?
- Yes, COURCELLES RETAIL is an active enterprise in the KBO register.
- How many employees does COURCELLES RETAIL have?
- COURCELLES RETAIL had an average of 3.3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does COURCELLES RETAIL fall under?
- In its 31-03-2026 annual accounts, COURCELLES RETAIL states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of COURCELLES RETAIL?
- The turnover of COURCELLES RETAIL was €619,694 in financial year 2026, according to the filed annual accounts.
- Is COURCELLES RETAIL profitable?
- In financial year 2026, COURCELLES RETAIL made a profit of €457,467.
- Where can I find the annual accounts of COURCELLES RETAIL?
- COURCELLES RETAIL filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of COURCELLES RETAIL due?
- COURCELLES RETAIL must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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