CORALES
ActiveSummary
The computed 12-month bankruptcy probability of CORALES is 2.9% (moderate). The 2025 annual accounts show equity of €13.5m and a net result of -€958,253. Equity remains stable across the filed fiscal years (±2.3% per year). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability20▼-23
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €700,000 at 30 days acceptable
Liquidity ample (current ratio 88.79 against 22.03 in 2024; short-term debt: 0% and cash: 1.3% of total assets), and 0% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
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
100%
Return on assets
-7.1%
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 07-05-2026, 85 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
85 d early
2024
37 d early
2023
12 d early
2022
40 d early
2021
59 d late
2020
110 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 1 day before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€958,253
2024 · €308,666
Working capital
€415,952▲ 87.7%
2024 · €221,605
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€32,076▼ 172%-€1,328▲ 95.9%-€22,254▼ 1,576%-€28,652▼ 28.8%-€24,579▲ 14.2%
Net result€107,625▲ 21.4%€368,817▲ 243%€495,693▲ 34.4%€308,666▼ 37.7%-€958,253
Equity€13.2m▲ 0.8%€13.6m▲ 2.8%€14.1m▲ 3.6%€14.4m▲ 2.2%€13.5m▼ 6.6%
Total assets€13.9m=€14.1m▲ 1.5%€14.1m▲ 0.1%€14.4m▲ 2.3%€13.5m▼ 6.7%
Debt€636,070▼ 14.5%€476,279▼ 25.1%€1,113▼ 99.8%€10,537▲ 846%€4,738▼ 55.0%
Working capital-€266,854€228,839€221,605▼ 3.2%€415,952▲ 87.7%
Staff (FTE)0
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24,579 in 2025 against €28,652 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.5m
Fixed assets
€13.0m ▼ 8.1%
Current assets
€420,690 ▲ 81.2%
Equity and liabilities €13.5m
Equity
€13.5m ▼ 6.6%
Debt
€4,738 ▼ 55.0%
Debt's share of the balance-sheet total stays at 0.0%.
Key figures and ratios
Current ratio
88.79▲
2024 · 22.03
Debt to equity
0.00▼
2024 · 0.00
ROE
-7.1%▼
2024 · 2.1%
ROA
-7.1%▼
2024 · 2.1%
Debt ≤ 1 year
€4,738▼
2024 · €10,537
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €868 | €17,855 | €21,794 | €18,654 | ▼ 14.4% |
| Non-recurring operating charges66A | - | €400 | - | - | - | - |
| Gross operating margin9900 | -€32,076 | -€60 | -€4,399 | -€6,859 | -€5,925 | ▲ 13.6% |
| Operating profit (loss)9901 | -€32,076 | -€1,328 | -€22,254 | -€28,652 | -€24,579 | ▲ 14.2% |
| Financial income75/76B | €245,284 | €271,201 | €305,971 | €346,070 | €356,747 | ▲ 3.1% |
| Recurring financial income75 | €245,284 | €271,201 | €305,971 | €346,070 | €356,747 | ▲ 3.1% |
| Financial charges65/66B | €31,998 | €29,122 | €14,012 | €8,753 | €1.3m | ▲ 14,643% |
| Recurring financial charges65 | €31,998 | €29,122 | €14,012 | €8,753 | €7,822 | ▼ 10.6% |
| Non-recurring financial charges66B | - | - | - | - | €1.3m | - |
| Profit (loss) for the period before taxes9903 | €181,210 | €240,751 | €269,705 | €308,666 | -€958,253 | ▼ 410% |
| Income taxes67/77 | €73,585 | -€128,065 | -€225,988 | €0 | - | - |
| Profit (loss) for the period9904 | €107,625 | €368,817 | €495,693 | €308,666 | -€958,253 | ▼ 410% |
| Profit (loss) for the period to be appropriated9905 | €107,625 | €368,817 | €495,693 | €308,666 | -€958,253 | ▼ 410% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13.9m | €14.1m | €14.1m | €14.4m | €13.5m | ▼ 6.7% |
| Fixed assets21/28 | €13.9m | €13.9m | €13.9m | €14.2m | €13.0m | ▼ 8.1% |
| Financial fixed assets28 | €13.9m | €13.9m | €13.9m | €14.2m | €13.0m | ▼ 8.1% |
| Current assets29/58 | - | €209,425 | €229,953 | €232,142 | €420,690 | ▲ 81.2% |
| Amounts receivable within one year40/41 | - | €209,425 | €106,248 | €232,142 | €241,765 | ▲ 4.1% |
| Other amounts receivable41 | - | €209,425 | €106,248 | €232,142 | €241,765 | ▲ 4.1% |
| Cash at bank and in hand54/58 | - | - | €123,564 | €0 | €178,925 | - |
| Deferred charges and accrued income490/1 | - | - | €141 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13.9m | €14.1m | €14.1m | €14.4m | €13.5m | ▼ 6.7% |
| Equity10/15 | €13.2m | €13.6m | €14.1m | €14.4m | €13.5m | ▼ 6.6% |
| Contributions10/11 | €19.4m | €19.4m | €19.4m | €19.4m | €19.4m | = |
| Capital10 | €19.4m | €19.4m | €19.4m | €19.4m | €19.4m | = |
| Issued capital100 | €19.4m | €19.4m | €19.4m | €19.4m | €19.4m | = |
| Reserves13 | €43,825 | €43,825 | €43,825 | €43,825 | €43,825 | = |
| Non-distributable reserves130/1 | €43,825 | €43,825 | €43,825 | €43,825 | €43,825 | = |
| Legal reserve130 | €43,825 | €43,825 | €43,825 | €43,825 | €43,825 | = |
| Profit (loss) carried forward14 | -€6.2m | -€5.8m | -€5.3m | -€5.0m | -€6.0m | ▼ 19.2% |
| Amounts payable17/49 | €636,070 | €476,279 | €1,113 | €10,537 | €4,738 | ▼ 55.0% |
| Amounts payable within one year42/48 | €636,070 | €476,279 | €1,113 | €10,537 | €4,738 | ▼ 55.0% |
| Financial debts43 | €346,180 | €268,740 | €0 | €4,887 | €0 | ▼ 100% |
| Credit institutions430/8 | €346,180 | €268,740 | €0 | €4,887 | €0 | ▼ 100% |
| Trade debts44 | €23,266 | €1,505 | €1,113 | €5,651 | €4,738 | ▼ 16.2% |
| Suppliers440/4 | €23,266 | €1,505 | €1,113 | €5,651 | €4,738 | ▼ 16.2% |
| Other amounts payable47/48 | €266,624 | €206,034 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €107,625 | €368,817 | €495,693 | €308,666 | -€958,253 | ▼ 410% |
| Operating cash flow (approximation) | €107,625 | €368,817 | €495,693 | €308,666 | -€958,253 | ▼ 410% |
| Investment in fixed assets (approximation) | - | €400 | €0 | -€315,900 | €1.2m | ▲ 465% |
| Change in cash | - | - | - | -€123,564 | €178,925 | ▲ 245% |
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
07-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€958,253
Net result drops to -€958,253, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 88.79
Current ratio from 22.03 to 88.79; short-term debt falls from €10,537 to €4,738.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2020net €495,693 ▲34.4%
Net result €495,693, the highest in the series.
31-12
Financial
Liquidity times 470current ratio 206.53
Current ratio from 0.44 to 206.53; short-term debt falls from €476,279 to €1,113.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 59 days late
2021
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 110 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Etterbeek · 1 establishment unit since 2019
Ground area
572 m²
Building footprint
324 m²
Volume, LiDAR
4,694 m³
2 parcels, Brussels · tallest building 37.8 m, ±6 floors. Linked by address, not a title deed.
73
companies at this address
See who is registered here
1 establishment unit
Louizalaan 343, 1050 Elsene
since 20192.320.442.908
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0215/00D000 | Brussels | 290 m² | 1 · 144 m² | 37.8 m · 6 fl. |
| 21362B0294/00W004 | Brussels | 282 m² | 1 · 180 m² | 25.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded26-12-2019
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.