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BODECOR

Active
Public limited companyfounded 198936 yrs activeTorkonjestraat(Mar) 21, 8510 Kortrijk, BelgiumKBO/BCE: BE 0438.987.455

BODECOR has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.51M and a net result of €190k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 90% of 7892 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
93 / 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-31
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 7.96 against 4.34 in 2024), and 12.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Sector 13
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
87.6%
Return on assets
11%
Age of the figures
11 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-02-2026, 72 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
72 d early
2024
62 d early
2023
69 d early
2022
48 d early
2021
64 d early
2020
49 d early
2019
6 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€1.51M▲ 1.0%
2024 · €1.50M
2018: €1.71M 2019: €1.09M 2020: €1.35M 2021: €1.66M 2022: €1.98M 2023: €1.57M 2024: €1.50M
2018 → 2025
Total assets
€1.73M▼ 10.3%
2024 · €1.93M
2018: €2.28M 2019: €1.49M 2020: €1.64M 2021: €1.97M 2022: €2.23M 2023: €2.44M 2024: €1.93M
2018 → 2025
Net result
€190k▼ 32.3%
2024 · €281k
2018: €140k 2019: €324k 2020: €260k 2021: €312k 2022: €315k 2023: €390k 2024: €281k
2018 → 2025
Working capital
€1.46M▲ 3.4%
2024 · €1.42M
2018: €1.73M 2019: €1.18M 2020: €1.43M 2021: €1.69M 2022: €1.92M 2023: €1.46M 2024: €1.42M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.66M-€1.98M▲ 18.9%€1.57M▼ 20.7%€1.50M▼ 4.4%€1.51M▲ 1.0%
Operating result€403k-€415k▲ 3.0%€502k▲ 21.0%€345k▼ 31.4%€227k▼ 34.0%
Net result€312k-€315k▲ 1.1%€390k▲ 23.8%€281k▼ 28.0%€190k▼ 32.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400k€600kOperating result 2021: €403k€403kNet result 2021: €312k€312kOperating result 2022: €415k€415kNet result 2022: €315k€315kOperating result 2023: €502k€502kNet result 2023: €390k€390kOperating result 2024: €345k€345kNet result 2024: €281k€281kOperating result 2025: €227k€227kNet result 2025: €190k€190k20212022202320242025
The operating result has fallen two years in a row; 2025 is 34% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.73M
Fixed assets €53k▼ 38.5%
Current assets €1.67M▼ 9.0%
Equity and liabilities €1.73M
Equity €1.51M▲ 1.0%
Debt €213k▼ 50.0%
The debt ratio falls from 22.2% to 12.4%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€250k
2024 · €375k
Cash flow
€212k
2024 · €311k
Solvency
87.6%
2024 · 77.8%
Current ratio
7.96
2024 · 4.34
Quick ratio
7.70
2024 · 4.18
Debt / equity
0.14
2024 · 0.28
ROE
12.6%
2024 · 18.7%
ROA
11.0%
2024 · 14.6%
Interest coverage
24.69
2024 · 37.19
Debt
€213k
2024 · €427k
Debt ≤ 1 year
€210k
2024 · €424k
Income taxes
€66k
2024 · €97k
Staff costs
€16k
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.93M€1.73M
Fixed assets21/28€87k€53k
Intangible fixed assets21-€1k
Tangible fixed assets22/27€87k€52k
Plant, machinery and equipment23€50k€36k
Furniture and vehicles24€37k€17k
Current assets29/58€1.84M€1.67M
Amounts receivable after more than one year29€404k€69k
Other amounts receivable291€404k€69k
Stocks and contracts in progress3€66k€55k
Stocks30/36€66k€55k
Amounts receivable within one year40/41€189k€177k
Trade receivables40€189k€161k
Other amounts receivable41€40€16k
Current investments50/53€0€0=
Cash at bank and in hand54/58€1.18M€1.37M
Equity and liabilities
Total equity and liabilities10/49€1.93M€1.73M
Equity10/15€1.50M€1.51M
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.44M€1.45M
Non-distributable reserves130/1€1.18M€1.18M=
Legal reserve130€26k€26k=
Financial assistance1313€1.15M€1.15M=
Tax-exempt reserves132€33k€801
Distributable reserves133€224k€271k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€427k€213k
Amounts payable within one year42/48€424k€210k
Trade debts44€43k€9k
Suppliers440/4€43k€9k
Taxes, remuneration and social security45€28k€24k
Taxes450/3€27k€22k
Remuneration and social security454/9€1k€2k
Other amounts payable47/48€352k€177k
Accrued charges and deferred income492/3€3k€3k=
Income statement Code20242025
Non-recurring operating income76A€4k€0
Remuneration, social security and pensions62€18k€16k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€22k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€0
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€9k€9k
Non-recurring operating charges66A€0€3k
Gross operating margin9900€403k€277k
Operating profit (loss)9901€345k€227k
Financial income75/76B€43k€39k
Recurring financial income75€43k€39k
Financial charges65/66B€10k€10k
Recurring financial charges65€10k€10k
Profit (loss) for the period before taxes9903€377k€256k
Income taxes67/77€97k€66k
Profit (loss) for the period9904€281k€190k
Transfer from tax-exempt reserves789€75k€32k
Profit (loss) for the period to be appropriated9905€356k€222k
Appropriation of the result
Profit (loss) to be appropriated9906€383k€222k
Profit (loss) brought forward from the previous period14P€27k€0
Transfer to equity691/2€33k€47k
To other reserves6921€33k€47k
Profit to be distributed694/7€350k€175k
Return on contributions (dividend)694€350k€175k
Social balance
Average headcount (FTE)90870.80.8=

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
17-02
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-02
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-02
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Highest result since 2018net €390k ▲23.8%
Operating result €502k, net result €390k, both a record.
13-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-02
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Kortrijk · 1 establishment unit since 1989
establishment The establishment unit on the map
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.

Torkonjestraat(Mar) 218510 Kortrijk
Ground area
2,034 m²
Building footprint
704 m²
Volume, LiDAR
3,660 m³
Parcel 34026A0535/00F000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Torkonjestraat(Mar) 21 A, 8510 Kortrijk
NACE 4542201
since 19892.046.016.545
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34026A0535/00F000 Flanders 2,034 m² 1 · 704 m² 6.1 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

Of 595 companies in sector 13929 we hold annual accounts for 234. 139 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded29-11-1989
Fiscal year end30-09
Activities, NACEBEL
13929Manufacture of textiles
17402
46412Wholesale of household textiles and bedding
43320Joinery installation
45421
45422
47512Retail sale of household textiles and bedding
51410
52410
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.