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CORATEL

Active
Private limited companyfounded 20179 yrs activeAristide Briandlaan 2, 1070 Anderlecht, BelgiumKBO/BCE: BE 0675.371.210
Summary

The computed 12-month bankruptcy probability of CORATEL is 2.8% (moderate). The 2025 annual accounts show equity of €43,687 and a net result of €5,692. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 67% of 263 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability58▲+11
Solvency88▲+17
Growth35=
Track record100
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.67 against 1.86 in 2024; short-term debt: 37.4% and cash: 12.1% of total assets), and 37.4% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 07-11-2025, 23 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
23 d early
2024
1 d early
2023
36 d early
2022
1 d late
2021
33 d early
2020
88 d early
2019
19 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today. Usually files around 7 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-04-2026 close30-09-2026 today30-11-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 May 2017, CORATEL was incorporated.1 Revenue went from EUR 338,038 in 2019 to EUR 159,460 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€159,460▲ 8.0%
2024 · €147,620
EBIT margin
4.8%▲ 1.8pp
2024 · 3.0%
Net result
€5,692▲ 87.7%
2024 · €3,032
Working capital
€43,687▲ 15.0%
2024 · €37,995
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€4,500▼ 97.0%€125,571€147,620▲ 17.6%€159,460▲ 8.0%
Operating result-€807-€660▲ 18.2%€4,991€4,416▼ 11.5%€7,643▲ 73.1%
Net result-€878within the sector's middle half-€823within the sector's middle half▲ 6.3%€4,656within the sector's middle half€3,032within the sector's middle half▼ 34.9%€5,692within the sector's middle half▲ 87.7%
EBIT margin-17.9%▼ 26.0pp4.0%3.0%▼ 1.0pp4.8%▲ 1.8pp
Equity€31,130within the sector's middle half▼ 2.7%€30,306within the sector's middle half▼ 2.6%€34,963within the sector's middle half▲ 15.4%€37,995within the sector's middle half▲ 8.7%€43,687within the sector's middle half▲ 15.0%
Total assets€31,775below the sector's middle half▼ 32.6%€31,612below the sector's middle half▼ 0.5%€39,382below the sector's middle half▲ 24.6%€82,342within the sector's middle half▲ 109%€69,815within the sector's middle half▼ 15.2%
Debt€646▼ 95.7%€1,306▲ 102%€4,419▲ 238%€44,347▲ 903%€26,128▼ 41.1%
Working capital€31,130within the sector's middle half▼ 2.7%€30,306within the sector's middle half▼ 2.6%€34,963within the sector's middle half▲ 15.4%€37,995within the sector's middle half▲ 8.7%€43,687within the sector's middle half▲ 15.0%
Solvency98.0%above the sector's middle half▲ 30.0pp95.9%above the sector's middle half▼ 2.1pp88.8%above the sector's middle half▼ 7.1pp46.1%within the sector's middle half▼ 42.6pp62.6%within the sector's middle half▲ 16.4pp
Current ratio49.20above the sector's middle half▲ 46.0924.21above the sector's middle half▼ 24.998.91above the sector's middle half▼ 15.301.86within the sector's middle half▼ 7.052.67within the sector's middle half▲ 0.82
Return on assets (ROA)-2.8%below the sector's middle half▼ 21.7pp-2.6%within the sector's middle half▲ 0.2pp11.8%within the sector's middle half▲ 14.4pp3.7%within the sector's middle half▼ 8.1pp8.2%within the sector's middle half▲ 4.5pp
above within below the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,500€0€2,500€5,000€7,500Operating result 2021: -€807-€807Net result 2021: -€878-€878Operating result 2022: -€660-€660Net result 2022: -€823-€823Operating result 2023: €4,991€4,991Net result 2023: €4,656€4,656Operating result 2024: €4,416€4,416Net result 2024: €3,032€3,032Operating result 2025: €7,643€7,643Net result 2025: €5,692€5,69220212022202320242025€0€2,000€4,000€6,000€8,000Operating result 2023: €4,991€4,990Net result 2023: €4,656€4,660Operating result 2024: €4,416€4,420Net result 2024: €3,032€3,030Operating result 2025: €7,643€7,640Net result 2025: €5,692€5,690202320242025
The operating result recovers in 2025; 2025 is 73% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €69,815
Equity €43,687 ▲ 15.0%
Debt €26,128 ▼ 41.1%
Debt's share of the balance-sheet total falls from 53.9% to 37.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.60▼
2024 · 1.17
ROE
13.0%▲
2024 · 8.0%
Debt ≤ 1 year
€26,128▼
2024 · €44,347
Income taxes
€1,768▲
2024 · €965
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€82,342€69,815▼
Current assets29/58€82,342€69,815▼
Amounts receivable within one year40/41€45,152€61,386▲
Trade receivables40€25,767€37,526▲
Other amounts receivable41€19,385€23,861▲
Cash at bank and in hand54/58€37,190€8,428▼
Equity and liabilities
Total equity and liabilities10/49€82,342€69,815▼
Equity10/15€37,995€43,687▲
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€29,935€35,627▲
Amounts payable17/49€44,347€26,128▼
Amounts payable within one year42/48€44,347€26,128▼
Trade debts44€41,886€22,864▼
Suppliers440/4€41,886€22,864▼
Taxes, remuneration and social security45€2,461€3,264▲
Taxes450/3€2,461€3,264▲
Income statement Code20242025
Turnover70€147,620€159,460▲
Non-recurring operating income76A€20€31▲
Goods, raw materials, services and sundry goods60/61€143,118€151,848▲
Other operating charges640/8€106-
Gross operating margin9900€4,522€7,643▲
Operating profit (loss)9901€4,416€7,643▲
Financial charges65/66B€419€183▼
Recurring financial charges65€419€183▼
Profit (loss) for the period before taxes9903€3,997€7,460▲
Income taxes67/77€965€1,768▲
Profit (loss) for the period9904€3,032€5,692▲
Profit (loss) for the period to be appropriated9905€3,032€5,692▲
Appropriation of the result
Profit (loss) to be appropriated9906€29,935€35,627▲
Profit (loss) brought forward from the previous period14P€26,903€29,935▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€4,500-€125,571€147,620€159,460▲ 8.0%
Non-recurring operating income76A---€20€31▲ 53.7%
Goods, raw materials, services and sundry goods60/61-€660€120,580€143,118€151,848▲ 6.1%
Other operating charges640/8---€106--
Gross operating margin9900-€621-€660€4,991€4,522€7,643▲ 69.0%
Operating profit (loss)9901-€807-€660€4,991€4,416€7,643▲ 73.1%
Financial income75/76B--€1,100---
Recurring financial income75--€1,100---
Financial charges65/66B-€163€171€419€183▼ 56.5%
Recurring financial charges65€71€163€171€419€183▼ 56.5%
Profit (loss) for the period before taxes9903-€878-€823€5,920€3,997€7,460▲ 86.7%
Income taxes67/77--€1,264€965€1,768▲ 83.3%
Profit (loss) for the period9904-€878-€823€4,656€3,032€5,692▲ 87.7%
Profit (loss) for the period to be appropriated9905-€878-€823€4,656€3,032€5,692▲ 87.7%
Line20212022202320242025Change
Assets
Total assets20/58€31,775€31,612€39,382€82,342€69,815▼ 15.2%
Current assets29/58€31,775€31,612€39,382€82,342€69,815▼ 15.2%
Amounts receivable within one year40/41€28,038€30,541€17,519€45,152€61,386▲ 36.0%
Trade receivables40-€14,302€11,356€25,767€37,526▲ 45.6%
Other amounts receivable41-€16,239€6,163€19,385€23,861▲ 23.1%
Cash at bank and in hand54/58€3,738€1,071€21,863€37,190€8,428▼ 77.3%
Equity and liabilities
Total equity and liabilities10/49€31,775€31,612€39,382€82,342€69,815▼ 15.2%
Equity10/15€31,130€30,306€34,963€37,995€43,687▲ 15.0%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€23,070€22,246€26,903€29,935€35,627▲ 19.0%
Amounts payable17/49€646€1,306€4,419€44,347€26,128▼ 41.1%
Amounts payable within one year42/48€646€1,306€4,419€44,347€26,128▼ 41.1%
Trade debts44-€660€1,247€41,886€22,864▼ 45.4%
Suppliers440/4-€660€1,247€41,886€22,864▼ 45.4%
Taxes, remuneration and social security45-€646€1,910€2,461€3,264▲ 32.7%
Taxes450/3-€646€1,910€2,461€3,264▲ 32.7%
Other amounts payable47/48--€1,262---
Line20212022202320242025Change
Profit (loss) for the period9904-€878-€823€4,656€3,032€5,692▲ 87.7%
Operating cash flow (approximation)-€878-€823€4,656€3,032€5,692▲ 87.7%
Change in cash--€2,666€20,791€15,327-€28,761▼ 288%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-11-2026
2025
07-11
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
29-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
25-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-04
Financial Back to profitnet €4,656
Net result €4,656 after 2 loss-making years.
2022
01-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2021
28-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
30-04
Financial Weakest financial yearnet -€878
Net result drops to -€878, the lowest in the series; recovery starts the following year.
30-04
Financial Liquidity times 16current ratio 49.20
Current ratio from 3.12 to 49.20; short-term debt falls from €15,111 to €646.
2020
03-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-04
Financial Liquidity triplescurrent ratio 3.12
Current ratio from 1.14 to 3.12; short-term debt falls from €156,017 to €15,111.
2019
19-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2018
28-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Anderlecht · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
144 m²
Building footprint
140 m²
Volume, LiDAR
2,273 m³
Parcel 21308H0540/00V000, Brussels · tallest building 17.7 m, ±6 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
CORATEL
Aristide Briandlaan 2, 1070 AnderlechtManufacture of metal structures and parts of structures
since 20172.264.268.723
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21308H0540/00V000 Brussels 144 m² 1 · 140 m² 17.7 m · 6 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.

Similar companies · same sector, comparable size

Of 1,372 companies in sector 61100 we hold annual accounts for 590. 383 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
Founded03-05-2017
Fiscal year end30-04
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
61200Telecommunications resale and intermediation services
E-invoicing
Not found in the Peppol register

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.