CORALY
Open bankruptcyA bankruptcy procedure is open for CORALY according to publications in the Belgian State Gazette; curator: LIES DEWAEL.
Summary
The 2024 annual accounts show negative equity (€-206k) and a net result of €-4k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-206k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
19 d early
2022
61 d late
2021
84 d late
2020
128 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-206k▼ 2.1%
2023 · €-202k
2018: €178k
2019: €101k
2020: €109k
2021: €-248k
2022: €-199k
2023: €-202k
2018 → 2024
Total assets
€33k▼ 42.5%
2023 · €58k
2018: €2.34M
2019: €2.37M
2020: €2.34M
2021: €1.90M
2022: €100k
2023: €58k
2018 → 2024
Net result
€-4k▼ 36.2%
2023 · €-3k
2018: €-85k
2019: €-77k
2020: €8k
2021: €-357k
2022: €49k
2023: €-3k
2018 → 2024
Working capital
€-31k▲ 23.8%
2023 · €-41k
2018: €-780k
2019: €-622k
2020: €-621k
2021: €-419k
2022: €-158k
2023: €-41k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€109k-€-248k€-199k▲ 19.9%€-202k▼ 1.6%€-206k▼ 2.1%
Operating result€31k-€444k▲ 1,352%€233k▼ 47.4%€-3k€-4k▼ 55.5%
Net result€8k-€-357k€49k€-3k€-4k▼ 36.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €3k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33k
Fixed assets
€5k ▼ 76.3%
Current assets
€29k ▼ 25.1%
Key figures and ratios
Solvency
-615.8%▼
2023 · -347.1%
Current ratio
0.48▼
2023 · 0.48
Debt to equity
-1.16▲
2023 · -1.29
ROA
-12.6%▼
2023 · -5.3%
Debt
€239k▼
2023 · €260k
Debt ≤ 1 year
€60k▼
2023 · €80k
Debt > 1 year
€179k▼
2023 · €180k
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 · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€58k€33k▼
Fixed assets21/28€20k€5k▼
Tangible fixed assets22/27€15k-
Land and buildings22€15k-
Financial fixed assets28€5k€5k=
Current assets29/58€38k€29k▼
Amounts receivable within one year40/41€33k€29k▼
Trade receivables40€29k€28k▼
Other amounts receivable41€4k€541▼
Cash at bank and in hand54/58€5k€15▼
Equity and liabilities
Total equity and liabilities10/49€58k€33k▼
Equity10/15€-202k€-206k▼
Contributions10/11€99k€99k=
Reserves13€52k€52k=
Tax-exempt reserves132€42k€42k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€-352k€-357k▼
Amounts payable17/49€260k€239k▼
Amounts payable after more than one year17€180k€179k▼
Other amounts payable178/9€180k€179k▼
Amounts payable within one year42/48€80k€60k▼
Trade debts44€26k€27k▲
Suppliers440/4€26k€27k▲
Taxes, remuneration and social security45€53k€403▼
Taxes450/3€53k€403▼
Other amounts payable47/48-€33k
Income statement
Code20232024
Non-recurring operating income76A-€3k
Other operating charges640/8€1k€387▼
Non-recurring operating charges66A-€6k
Gross operating margin9900€-1k€2k▲
Operating profit (loss)9901€-3k€-4k▼
Financial charges65/66B€352€61▼
Recurring financial charges65€352€61▼
Profit (loss) for the period before taxes9903€-3k€-4k▼
Income taxes67/77€71-
Profit (loss) for the period9904€-3k€-4k▼
Profit (loss) for the period to be appropriated9905€-3k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-352k€-357k▼
Profit (loss) brought forward from the previous period14P€-349k€-352k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
16-02
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · CORALY BV KUNSTLAAN 56, 1000 BRUSSEL · event 10-02-2026
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
2022
31-12
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
23-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 84 days late
2021
31-12
Financial
Weakest financial yearnet €-357k ▼4722%
Net result drops to €-357k, the lowest in the series.
06-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 128 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 1999
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.
Kunstlaan 561000 BrusselGround area
4,653 m²
Building footprint
2,861 m²
Volume, LiDAR
80,518 m³
Parcel 21805E0475/00F000, Brussels · tallest building 34.5 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Kunstlaan 56, 1000 Brussel
since 19992.090.797.782
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0475/00F000 | Brussels | 4,653 m² | 1 · 2,861 m² | 34.5 m · 9 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIES DEWAEL PEGASUSLAAN 5, 1831 DIEGEM- |
10-02-2026 → present |
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,724 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-02-1999
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.