Skip to content

BOUWWERKEN CORYN

Active Private limited companyfounded 2017active for 9 yearsKlijtmolenstraat 20, 8740 PittemKBO/BCE: BE 0677.864.902

Lifetime

8 annual accounts with figures on one time axis
peak €176,136 (2025)
€176,136▲ 75.1%
peak €88,294 (2020)
€79,993▲ 512%
peak €346,157 (2025)
€346,157▲ 15.3%
€196,870▲ 82.9%
Board3 names since 2017
2 directorsCORYN Lode and 1 other
Documentsfilings and deeds
07-09-202638 days late
2025micro format
Gross margin from €100,573 to €176,136Result from €13,066 to €79,9932 directors appointed, 2 resignations 13-01Dividend €34,064Equity from €300,228 to €346,157Debts from €107,628 to €196,870

Key points

from the 2025 annual accounts

Equity

€346,157 ▲ 15.3%

BOUWWERKEN CORYN has made a profit in every financial year since 2018.

Result

€79,993 ▲ 512%
€13,1002024€80,0002025

The result rose in 2025 from €13,066 to €79,993.

Debts

€196,870 ▲ 82.9%
Suppliers
+49,861
Financial debts
+48,921
Other debts
+4,984
The rest
-14,525

Debts rose by €89,242 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€149,351 2.5 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

8 annual accounts 8 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 122 days after the end of the period.

Position in the sector

€79,993

Higher net result than 93% of companies in specialised construction. Sector median €10,184 · 35,124 companies.

Checked score

89
Excellent
Financially stronger than 73% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025 10-2025: 1.7%▲ +0.8 percentage points vs 09-2025highest value 11-2025: 0.6%▼ -1.1 percentage points 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: 0.9%▲ +0.3 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026 10-2026: 0.3%▼ -0.8 percentage points vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value

Financial strength
Strong

89-10equity 63.7% of total assets
90+5short-term debt 26.5% · cash 45.0%
87+14return on assets 14.7%

Score breakdown

raises risk
Last filed accounts filed 38 days late; 3 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 2.30, cash €244,544
Equity €346,157 (63.7% of total assets)
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 43, micro). It does better than 69% of them on solvency, 87% on liquidity, 72% on profitability and 62% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 6,782 companies had the same profile as BOUWWERKEN CORYN has now. Each dot stands for 17 companies, two years later.

96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of BOUWWERKEN CORYN itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,782 companies, not a prediction for BOUWWERKEN CORYN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.3 (2.61 in 2024), above the usual 1.5. Short-term debt is 26.5% and cash 45% of total assets. 36.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 38 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 2.30, cash €244,544
NBB · annual accounts
lowers risk · Equity €346,157 (63.7% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 2025 accounts filed 38 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
38 days late
2024
76 days late
2023
72 days late
2022
86 days late
2021
67 days late
2020
61 days late
2019
122 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 75 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 12 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CL
Director, since 04-07-2017
CI
Director, since 01-10-2021
Board & ownership

Recent changes

Environmental permit granted Hoogstammige bomen vellen die geen deel uitmaken van een bos, Slopen of verwijderen, Verwijderen van vrijstaande gebouwen · Wingene
Environmental permit granted Bouwen of herbouwen · Wingene
2 directors appointed, 2 resignations Resignations: CORYN Lode and CLOET Ilse · Appointments: CORYN Lode (director) and CLOET Ilse (director) · “omschrijving zoals verder in het uittreksel vermeld” (deed in Dutch) · General meeting of 02-01-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0677864902
All 20 events

Comparable companies

same main activity, similar in size and age
Company
BOUWWERKEN CORYN Pittem €543,027 €176,136 63.7% -
VEROLI CONSTRUCT Zwevegem €558,652 €159,573 74.7% 3
KIDA Wijnegem €486,195 €163,923 20.5% -
Degroote Bouwonderneming Diksmuide €458,782 €181,026 24.6% -
Algemene Bouwwerken Lieven Cool Roeselare €656,389 €141,191 28.8% -
OQP Wingene €405,798 €192,208 84.7% -
MIKAR Antwerp €639,016 €202,293 63.2% -

These companies have the same main activity as BOUWWERKEN CORYN: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €406,000 and €656,000, founded between 2016 and 2018.

Official details

Source: KBO
Status
Active since 04-07-2017Normal situation
Activity
Bricklaying and masonry workNACE 43910and 2 others
Establishment unit
2.265.799.7398740 Pittem, since 04-07-2017
Financial year end
31 December
Peppol
Reachable since 28-08-2023
Company details

Annual accounts 2025

≈ €660,000estimated
€543,027▲ 33.1%
Filing
Filed on 07-09-2026
Financials

Insights on BOUWWERKEN CORYN

BOUWWERKEN CORYN files the micro format. That format states no turnover. The gross margin rose from €108,461 in 2018 to €176,136 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BOUWWERKEN CORYN

What is the company number of BOUWWERKEN CORYN?
The company number of BOUWWERKEN CORYN is 0677.864.902. The VAT number is the same number with BE in front: BE 0677.864.902.
Where is BOUWWERKEN CORYN based?
The registered office is at Klijtmolenstraat 20, 8740 Pittem.Company details
What does BOUWWERKEN CORYN do?
According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
What is the legal form of BOUWWERKEN CORYN?
BOUWWERKEN CORYN is a private limited company (BV).
When was BOUWWERKEN CORYN founded?
BOUWWERKEN CORYN was founded on 04-07-2017.
Is BOUWWERKEN CORYN still active?
Yes, BOUWWERKEN CORYN is an active enterprise in the KBO register.
What is the turnover of BOUWWERKEN CORYN?
The turnover in financial year 2025 is ≈ €660,000. This figure is estimated from the gross margin of €176,136 and 54 comparable companies (NACE 439). It probably lies between €450,000 and €1.2m.Financials
Is BOUWWERKEN CORYN profitable?
In financial year 2025, BOUWWERKEN CORYN made a profit of €79,993.
Where can I find the annual accounts of BOUWWERKEN CORYN?
BOUWWERKEN CORYN filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BOUWWERKEN CORYN due?
BOUWWERKEN CORYN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.