The computed 12-month bankruptcy probability of Corada is 1.7% (moderate). For Corada, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €58,957 and a net result of -€22,693. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 27% of 33,826 sector peers (NACE 70, financial year 2023). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2023 (filed 05-02-2024)2 financial years not filed after the legal deadline; latest accounts 1 days lateTwo or more financial years not filedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 1.79, cash €123,754neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency54+2
equity 29.3% of total assets
Liquidity81+3
short-term debt 40.9% · cash 61.6%
Profitability5-27
return on assets -11.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
1.7%Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (48,350 companies, NACE 70, micro)
Last 24 months11-2024: 0.1%lowest value12-2024: 0.1%● unchanged vs 11-202401-2025: 0.1%● unchanged vs 12-202402-2025: 0.2%▲ +0.1 percentage points vs 01-202503-2025: 0.2%● unchanged vs 02-202504-2025: 0.3%▲ +0.1 percentage points vs 03-202505-2025: 0.3%● unchanged vs 04-202506-2025: 0.4%▲ +0.1 percentage points vs 05-202507-2025: 0.7%▲ +0.3 percentage points vs 06-202508-2025: 0.7%● unchanged vs 07-202509-2025: 0.7%● unchanged vs 08-202510-2025: 0.6%▼ -0.1 percentage points vs 09-202511-2025: 0.6%● unchanged vs 10-202512-2025: 0.6%● unchanged vs 11-202501-2026: 0.6%● unchanged vs 12-202502-2026: 1.0%▲ +0.4 percentage points vs 01-202603-2026: 1.5%▲ +0.5 percentage points vs 02-202604-2026: 1.5%● unchanged vs 03-202605-2026: 1.5%● unchanged vs 04-202606-2026: 1.6%▲ +0.1 percentage points vs 05-202607-2026: 1.6%● unchanged vs 06-202608-2026: 1.6%● unchanged vs 07-202609-2026: 1.6%● unchanged vs 08-202610-2026: 1.7%▲ +0.1 percentage points vs 09-2026highest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 35 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
PurposePurpose change
Annual accounts filedfinancial year 2023 · micro…
Weakest financial yearnet -€22,693
Key points
Risk: Accounts not fileddeadline was 31-01-2025623 days lateView
Caution: Among the weakest 7% on net resultsector median €25,096 · 33,827 companies-€22,693View
Caution: 2 loss-making years in a rowloss financial year 2023-€22,693View