C.O.R.E. Management
ActiveC.O.R.E. Management has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €12k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 29% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-25
Solvency52▼-48
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 3.21 in 2024; short-term debt: 25.3% and cash: 14.3% of total assets), and 72.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.3%
Return on assets
5%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
22 d late
2023
5 d early
2022
23 d late
2021
23 d late
2020
59 d late
2019
112 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k▲ 22.6%
2024 · €51k
2018: €44k
2019: €46k
2021: €39k
2022: €47k
2023: €35k
2024: €51k
2018 → 2025
Total assets
€231k▲ 243%
2024 · €67k
2018: €127k
2019: €132k
2021: €103k
2022: €73k
2023: €47k
2024: €67k
2018 → 2025
Net result
€12k▼ 30.9%
2024 · €17k
2018: €242
2019: €2k
2021: €-2k
2022: €11k
2023: €-12k
2024: €17k
2018 → 2025
Working capital
€11k▼ 67.7%
2024 · €35k
2018: €-2k
2019: €-18k
2021: €-5k
2022: €14k
2023: €20k
2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€47k▲ 20.6%€35k▼ 26.0%€51k▲ 48.6%€63k▲ 22.6%
Operating result€4k-€17k▲ 374%€-2k€22k€28k▲ 26.4%
Net result€-2k-€11k€-12k€17k€12k▼ 30.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231k
Fixed assets
€161k▲ 877%
Current assets
€70k▲ 37.2%
Equity and liabilities €231k
Equity
€63k▲ 22.6%
Debt
€168k▲ 962%
The debt ratio rises from 23.5% to 72.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€38k▲
2024 · €22k
Cash flow
€22k▲
2024 · €17k
Solvency
27.3%▼
2024 · 76.5%
Current ratio
1.19▼
2024 · 3.21
Quick ratio
1.02▼
2024 · 2.20
Debt / equity
2.66▲
2024 · 0.31
ROE
18.4%▼
2024 · 32.7%
ROA
5.0%▼
2024 · 25.0%
Interest coverage
6.01▼
2024 · 37.30
Debt
€168k▲
2024 · €16k
Debt ≤ 1 year
€58k▲
2024 · €16k
Debt > 1 year
€109k▲
2024 · €0
Income taxes
€10k▲
2024 · €6k
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€67k€231k▲
Fixed assets21/28€16k€161k▲
Tangible fixed assets22/27€1k€146k▲
Land and buildings22-€136k
Furniture and vehicles24€1k€3k▲
Other tangible fixed assets26-€7k
Financial fixed assets28€15k€15k=
Current assets29/58€51k€70k▲
Stocks and contracts in progress3€16k€10k▼
Stocks30/36€16k€10k▼
Amounts receivable within one year40/41€13k€26k▲
Trade receivables40€8k€17k▲
Other amounts receivable41€5k€9k▲
Cash at bank and in hand54/58€21k€33k▲
Equity and liabilities
Total equity and liabilities10/49€67k€231k▲
Equity10/15€51k€63k▲
Contributions10/11€28k€28k=
Reserves13€23k€35k▲
Distributable reserves133€23k€35k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€16k€168k▲
Amounts payable after more than one year17€0€109k▲
Financial debts170/4€0€109k▲
Amounts payable within one year42/48€16k€58k▲
Current portion of amounts payable after more than one year42€3k€16k▲
Trade debts44€8k€22k▲
Suppliers440/4€8k€22k▲
Taxes, remuneration and social security45€6k€6k=
Taxes450/3€6k€6k=
Other amounts payable47/48-€15k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€425€10k▲
Other operating charges640/8€118€19k▲
Gross operating margin9900€22k€57k▲
Operating profit (loss)9901€22k€28k▲
Financial income75/76B€1k€0▼
Recurring financial income75€1k€0▼
Financial charges65/66B€599€6k▲
Recurring financial charges65€599€6k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€22k€21k▼
Income taxes67/77€6k€10k▲
Profit (loss) for the period9904€17k€12k▼
Profit (loss) for the period to be appropriated9905€17k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€12k▲
Profit (loss) brought forward from the previous period14P€-12k€0▲
Transfer to equity691/2€5k€12k▲
To other reserves6921€5k€12k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-12k ▼215%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.69
Current ratio from 0.79 to 1.69; short-term debt falls from €26k to €20k.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 112 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kalmthout · 1 establishment unit since 2010
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.
Bakkersdreef (Heide) 412920 KalmthoutGround area
2,687 m²
Building footprint
199 m²
Volume, LiDAR
765 m³
Parcel 11662E0592/00H020, Flanders · tallest building 17.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
C.O.R.E Management
since 20102.194.109.811
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662E0592/00H020 | Flanders | 2,687 m² | 1 · 199 m² | 17.2 m · 1 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
SOFARIN
BE 0685.992.611
Sint-Jans-Molenbeek · Eq €63k
JENTICO
BE 0682.605.430
Lier · Eq €63k
A-Z ServiPro
BE 0462.702.668
Namur · Eq €63k
WS CONSTRUCTION
BE 0894.783.725
Tienen · Eq €63k
DE JONGHE PARKET
BE 0534.991.028
Brasschaat · Eq €63k
Of 20,033 companies in sector 43320 we hold annual accounts for 9,135. 7,562 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2010
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
62020IT consultancy
33120Repair and maintenance of machinery
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.