Equity
-€4,426
Debts exceed assets in financial year 2024.
CORAIL
Lifetime
17 annual accounts with figures on one time axis, 44 filings since 1981peak €389,473 (2010)
€113,605▲ €113,752
lowest -€60,477 (2009)
€89,155▲ €112,711
peak €347,340 (2010)
-€4,426▼ €25,289
€132,101▼ 28.8%
Board5 names since 2016
1 director
Documentsfilings and deeds
31-08-202531 days late
2024micro format
Gross margin from -€148 to €113,605Back to profit: €89,155Equity from €20,862 to -€4,426Debts from €185,418 to €132,101Cash from €77,597 to €21,022
Key points
from the 2024 annual accountsResult
€89,155 €89,155
Back in profit in 2024, after a loss of €23,555 in 2023.
Turnover
≈ €280,000 estimated
The micro format states no turnover.
Debts
€132,101 103% of the balance sheet
After one year 31%Within one year 69%
Of this, €90,821 falls due within a year.
Filings
44 annual accounts 107 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
At the same address
6 companies
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as CORAIL has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,795 companies, not a prediction for CORAIL. 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
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Signals
Board and ownership
Managing director
Managing director
Managing director
Managing director
Recent changes
3 directors appointed, 1 reappointment
Appointments: , and · Reappointment: (managing director) · General meeting of 30-07-2025 · Gazette deed
Reappointments: (managing director) and (director)
General meeting of 04-05-2021 · Gazette deed
Reappointments: (managing director) and (director)
General meeting of 04-05-2015 · Gazette deed
First establishment
Chemin de Feluy 27C, Braine-le-Comte
Official details
Source: KBO- Status
- Active since 16-12-1980Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.024.551.6337090 Braine-le-Comte, since 15-01-1984
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on CORAIL
CORAIL files the micro format. That format states no turnover. The gross margin rose from -€112,736 in 2008 to €113,605 in 2024.
The balance sheet grew most in 2010 through fixed assets.
In February 2026, the Official Gazette published the appointment of as managing director.
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 CORAIL
- What is the company number of CORAIL?
- The company number of CORAIL is 0421.143.712. The VAT number is the same number with BE in front: BE 0421.143.712.
- Where is CORAIL based?
- The registered office is at Chemin de Feluy 55, 7090 Braine-le-Comte.Company details
- What is the legal form of CORAIL?
- CORAIL is a public limited company (NV).
- When was CORAIL founded?
- CORAIL was founded on 16-12-1980.
- Is CORAIL still active?
- Yes, CORAIL is an active enterprise in the KBO register.
- What is the turnover of CORAIL?
- The turnover in financial year 2024 is ≈ €280,000. This figure is estimated from the gross margin of €113,605 and 2,459 comparable companies of the same size. It probably lies between €190,000 and €440,000. It is a rough estimate.Financials
- Is CORAIL profitable?
- In financial year 2024, CORAIL made a profit of €89,155.
- Where can I find the annual accounts of CORAIL?
- CORAIL filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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