COR'V
ActiveSummary
The computed 12-month bankruptcy probability of COR'V is 2.2% (moderate). The 2025 annual accounts show equity of €66k and a net result of €-4k. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 7500 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-72
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 9.02 against 5.08 in 2024; short-term debt: 10.3% of total assets), and 10.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
24 d late
2024
3 d early
2023
15 d early
2022
27 d early
2021
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€66k▼ 7.1%
2024 · €72k
2021: €18klowest in 5 years
2022: €37k▲ +105% vs 2021
2023: €61k▲ +63.0% vs 2022
2024: €72k▲ +17.1% vs 2023highest in 5 years
2025: €66k▼ -7.1% vs 2024
2021 → 2025
Total assets
€74k▼ 16.2%
2024 · €88k
2021: €29klowest in 5 years
2022: €61k▲ +112% vs 2021
2023: €95k▲ +55.0% vs 2022highest in 5 years
2024: €88k▼ -7.2% vs 2023
2025: €74k▼ -16.2% vs 2024
2021 → 2025
Net result
€-4k
2024 · €14k
2021: €13k
2022: €20k▲ +53.6% vs 2021
2023: €29k▲ +42.7% vs 2022highest in 5 years
2024: €14k▼ -51.3% vs 2023
2025: €-4k▼ -131% vs 2024lowest in 5 years
2021 → 2025
Working capital
€61k▼ 10.9%
2024 · €69k
2021: €17klowest in 5 years
2022: €36k▲ +117% vs 2021
2023: €60k▲ +64.8% vs 2022
2024: €69k▲ +15.1% vs 2023highest in 5 years
2025: €61k▼ -10.9% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€37k▲ 105%€61k▲ 63.0%€72k▲ 17.1%€66k▼ 7.1%
2021: €18klowest in 5 years
2022: €37k▲ +105% vs 2021
2023: €61k▲ +63.0% vs 2022
2024: €72k▲ +17.1% vs 2023highest in 5 years
2025: €66k▼ -7.1% vs 2024
Operating result€17k-€28k▲ 67.5%€39k▲ 39.4%€21k▼ 46.2%€102▼ 99.5%
2021: €17k
2022: €28k▲ +67.5% vs 2021
2023: €39k▲ +39.4% vs 2022highest in 5 years
2024: €21k▼ -46.2% vs 2023
2025: €102▼ -99.5% vs 2024lowest in 5 years
Net result€13k-€20k▲ 53.6%€29k▲ 42.7%€14k▼ 51.3%€-4k
2021: €13k
2022: €20k▲ +53.6% vs 2021
2023: €29k▲ +42.7% vs 2022highest in 5 years
2024: €14k▼ -51.3% vs 2023
2025: €-4k▼ -131% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 100% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€5k ▲ 97.3%
Current assets
€69k ▼ 19.6%
Equity and liabilities €74k
Equity
€66k ▼ 7.1%
Debt
€8k ▼ 54.7%
Debt's share of the balance-sheet total falls from 19.1% to 10.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€825▼
2024 · €22k
Cash flow
€-4k▼
2024 · €15k
Current ratio
9.02▲
2024 · 5.08
Debt to equity
0.12▼
2024 · 0.24
ROE
-6.4%▼
2024 · 19.5%
ROA
-5.7%▼
2024 · 15.7%
Interest coverage
0.48▼
2024 · 13.74
Debt ≤ 1 year
€8k▼
2024 · €17k
Income taxes
€3k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€88k€74k▼
Fixed assets21/28€3k€5k▲
Intangible fixed assets21€111-
Tangible fixed assets22/27€2k€5k▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24-€3k
Financial fixed assets28€395€395=
Current assets29/58€86k€69k▼
Amounts receivable within one year40/41€6k€7k▲
Trade receivables40-€551
Other amounts receivable41€6k€6k▲
Current investments50/53€72k€59k▼
Deferred charges and accrued income490/1€8k€4k▼
Equity and liabilities
Total equity and liabilities10/49€88k€74k▼
Equity10/15€72k€66k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€66k€60k▼
Amounts payable17/49€17k€8k▼
Amounts payable within one year42/48€17k€8k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3€11k€5k▼
Other amounts payable47/48€4k€833▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€867€722▼
Other operating charges640/8€126€449▲
Gross operating margin9900€22k€1k▼
Operating profit (loss)9901€21k€102▼
Financial income75/76B€115€53▼
Recurring financial income75€115€53▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€20k€-2k▼
Income taxes67/77€6k€3k▼
Profit (loss) for the period9904€14k€-4k▼
Profit (loss) for the period to be appropriated9905€14k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€61k▼
Profit (loss) brought forward from the previous period14P€55k€66k▲
Profit to be distributed694/7€4k€833▼
Return on contributions (dividend)694€4k€833▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €418 | €656 | €867 | €722 | ▼ 16.7% |
| Other operating charges640/8 | €103 | €382 | €311 | €126 | €449 | ▲ 256% |
| Gross operating margin9900 | €18k | €29k | €40k | €22k | €1k | ▼ 94.3% |
| Operating profit (loss)9901 | €17k | €28k | €39k | €21k | €102 | ▼ 99.5% |
| Financial income75/76B | €0 | €14 | €46 | €115 | €53 | ▼ 53.8% |
| Recurring financial income75 | €0 | €14 | €46 | €115 | €53 | ▼ 53.8% |
| Financial charges65/66B | - | €534 | €2k | €2k | €2k | ▲ 7.3% |
| Recurring financial charges65 | - | €534 | €2k | €2k | €2k | ▲ 7.3% |
| Profit (loss) for the period before taxes9903 | €17k | €28k | €38k | €20k | €-2k | ▼ 108% |
| Income taxes67/77 | €4k | €8k | €9k | €6k | €3k | ▼ 53.6% |
| Profit (loss) for the period9904 | €13k | €20k | €29k | €14k | €-4k | ▼ 131% |
| Profit (loss) for the period to be appropriated9905 | €13k | €20k | €29k | €14k | €-4k | ▼ 131% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29k | €61k | €95k | €88k | €74k | ▼ 16.2% |
| Fixed assets21/28 | €1k | €1k | €1k | €3k | €5k | ▲ 97.3% |
| Intangible fixed assets21 | €471 | €351 | €231 | €111 | - | - |
| Tangible fixed assets22/27 | €670 | €372 | €526 | €2k | €5k | ▲ 127% |
| Plant, machinery and equipment23 | €260 | €160 | €60 | €2k | €2k | ▼ 22.2% |
| Furniture and vehicles24 | €410 | €212 | €465 | - | €3k | - |
| Financial fixed assets28 | €335 | €395 | €395 | €395 | €395 | = |
| Current assets29/58 | €28k | €60k | €94k | €86k | €69k | ▼ 19.6% |
| Amounts receivable within one year40/41 | €3k | €15k | €10k | €6k | €7k | ▲ 13.5% |
| Trade receivables40 | - | €15k | - | - | €551 | - |
| Other amounts receivable41 | €3k | €335 | €10k | €6k | €6k | ▲ 4.4% |
| Current investments50/53 | - | - | - | €72k | €59k | ▼ 18.2% |
| Cash at bank and in hand54/58 | €25k | €34k | €77k | - | - | - |
| Deferred charges and accrued income490/1 | €52 | €11k | €8k | €8k | €4k | ▼ 56.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29k | €61k | €95k | €88k | €74k | ▼ 16.2% |
| Equity10/15 | €18k | €37k | €61k | €72k | €66k | ▼ 7.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €12k | €31k | €55k | €66k | €60k | ▼ 7.8% |
| Amounts payable17/49 | €11k | €24k | €34k | €17k | €8k | ▼ 54.7% |
| Amounts payable within one year42/48 | €11k | €24k | €34k | €17k | €8k | ▼ 54.7% |
| Trade debts44 | €3k | €2k | €4k | €2k | €1k | ▼ 44.5% |
| Suppliers440/4 | €3k | €2k | €4k | €2k | €1k | ▼ 44.5% |
| Taxes, remuneration and social security45 | €6k | €21k | €25k | €11k | €5k | ▼ 50.1% |
| Taxes450/3 | €6k | €21k | €25k | €11k | €5k | ▼ 50.1% |
| Other amounts payable47/48 | €2k | €800 | €5k | €4k | €833 | ▼ 76.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €20k | €29k | €14k | €-4k | ▼ 131% |
| + Depreciation and write-downs630 | €1k | €418 | €656 | €867 | €722 | ▼ 16.7% |
| Operating cash flow (approximation) | €14k | €20k | €29k | €15k | €-4k | ▼ 124% |
| Investment in fixed assets (approximation) | - | €-60 | €-690 | €-2k | €-3k | ▼ 41.8% |
| Change in cash | - | €10k | €42k | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €29k ▲42.7%
Operating result €39k, net result €29k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Damme · 1 establishment unit since 2021
Ground area
939 m²
Building footprint
117 m²
Volume, LiDAR
720 m³
Parcel 31019A0639/00F000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
COR'V
since 20212.311.415.869
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31019A0639/00F000 | Flanders | 939 m² | 1 · 117 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,224 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Contact
E-mail
anthony@corv.beDamme
Phone
+32476785137Damme
Scores and ratios are computed by Checked and are not a credit decision.