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CORBEO

Active Public limited companyfounded 1995active for 30 yearsPoldergotestraat 22, 9240 ZeleKBO/BCE: BE 0456.681.047 subsidiary of SONEVA

Lifetime

20 annual accounts with figures on one time axis, 30 filings since 1996
peak €1.8m (2021)
€1.4m▼ 13.1%
lowest -€127,793 (2019)
-€55,708▼ €82,523
peak €1.9m (2024)
€1.8m▼ 3.0%
€1.3m▼ 23.4%
peak 20.8 FTE (2022)
19 FTE▼ 7.3%
Board4 names since 2018
3 directorsSILOGOS BEHEER and 2 others
Owners2 names in the annual accounts
51%SONEVA and 1 other
Documentsfilings and deeds
09-04-2026113 days before the deadline
2025abbreviated format
Gross margin from €1.6m to €1.4mLoss of €55,708Debts from €1.6m to €1.3m

Key points

from the 2025 annual accounts

Result

-€55,708 -€55,708
€26,8002024-€55,7002025

From profit to loss in 2025, after a profit of €26,816 in 2024.

Turnover

≈ €2.3m estimated

The abbreviated format states no turnover.

Staff

19 employees on 31-12-2025
732021692022552023632024372025

In 2025, 3 people joined and 7 left.

Filings

30 annual accounts since 1996
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 97 to 118 days before the end of the period.

Position in the sector

-€55,708

Lower net result than 87% of companies in textiles. Sector median €39,077 · 200 companies.

Public support

€137,118 awarded from 2022 to 2025
2022202320242025

Flemish support, mostly Subsidies voor internationaal ondernemen.

Checked score

91
Excellent
Financially stronger than 46% of small companies in textiles (NACE 13)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 109 companies (NACE 13, small).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025highest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

84+6equity 58.9% of total assets
48+1short-term debt 26.5% · cash 6.5%
47-3return on assets -1.8%

Score breakdown

raises risk
Size: 19 FTE, total assets €3.1m
lowers risk
Figures for financial year 2025 (filed on 09-04-2026)
Equity €1.8m (58.9% of total assets)
Founded in 1995
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 13, small). It does better than 63% of them on solvency, 54% on liquidity, 36% on profitability and 29% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 8,617 companies had the same profile as CORBEO has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CORBEO itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

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 8,617 companies, not a prediction for CORBEO. 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

Credit of up to €160,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.95 (3.03 in 2024), above the usual 1.5. Short-term debt is 26.5% and cash 6.5% of total assets. 41.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2025 (filed on 09-04-2026)
NBB · annual accounts
lowers risk · Equity €1.8m (58.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 1995
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 19 FTE, total assets €3.1m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 09-04-2026, 113 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
113 days early
2024
108 days early
2023
112 days early
2022
118 days early
2021
97 days early
2020
110 days early
2019
80 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 105 days before the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

S
Chair, Wilfried Baeten
SB
Managing director, Silvie Goeminne
G
Director, Juan Zapata Rodriguez, since 30-03-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0456681047
1 director appointed, 2 reappointments Reappointments: SILOGOS BEHEER (managing director) and SONEVA (chair of the board) · Permanent representatives: Silvie Goeminne, Wilfried Baeten and Juan Zapata Rodriguez · Appointment: GELIMA · General meeting of 30-03-2023 · Gazette deed
Company renamed from LEDENT TOUW to CORBEO Registered office moved from Hamme to Zele · New registered office: Poldergotestraat 22, 9240 Zele · Previous registered office: Evangeliestraat 195, 9220 Hamme (VI.) · General meeting of 13-11-2019 · Gazette deed
1 director appointed, 2 reappointments Appointment: SILOGOS BEHEER · Permanent representatives: Silvie Goeminne and Wilfried Baeten · Reappointments: SONEVA (managing director) and Silvie Goeminne (managing director) · General meeting of 02-01-2018 · Gazette deed
All 41 events

Comparable companies

same main activity, similar in size and age
Company
CORBEO Zele €3.1m €1.4m 58.9% 19
TISCOTEX Hamme (Vl.) €6.7m €1.6m 49.2% -
EXSIL Dendermonde €5.8m - 65.0% 11.3
HUCK Koekelare €4.1m €0.9m 95.2% 6.7
FERNAND LEMMENS Esneux €6.8m €2.0m 78.0% 17.1
BANDFABRIEK DEVOS Kruisem €3.8m €0.6m 72.4% 8.3
Rubis Izegem €2.6m €0.6m 91.0% 5.2

These companies have the same main activity as CORBEO: manufacture of textiles (NACE 13940). They are comparable in size and age: total assets between €2.6m and €6.8m, founded between 1970 and 1994.

Official details

Source: KBO
Status
Active since 08-12-1995Normal situation
Activity
Manufacture of textilesNACE 13940and 1 other
Joint committees
100Auxiliary committee for blue-collar workers
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.074.795.8519240 Zele, since 22-01-1996
Financial year end
31 December
Peppol
Reachable since 23-10-2025
Company details

Annual accounts 2025

€3.1m▼ 12.6%
Employeeson 31-12-2025
19▼ 17.4%
Filing
Filed on 09-04-2026, 113 days before the end of the filing period
Financials

Insights on CORBEO

CORBEO files the abbreviated format. That format states no turnover. The gross margin rose from €548,768 in 2006 to €1.4m in 2025.

SONEVA holds 51% of the shares.

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 CORBEO

What is the company number of CORBEO?
The company number of CORBEO is 0456.681.047. The VAT number is the same number with BE in front: BE 0456.681.047.
Where is CORBEO based?
The registered office is at Poldergotestraat 22, 9240 Zele.Company details
What does CORBEO do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13940).
What is the legal form of CORBEO?
CORBEO is a public limited company (NV).
When was CORBEO founded?
CORBEO was founded on 08-12-1995.
Is CORBEO still active?
Yes, CORBEO is an active enterprise in the KBO register.
How many employees does CORBEO have?
CORBEO had an average of 19 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does CORBEO fall under?
In its 2025 annual accounts, CORBEO states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of CORBEO?
The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €1.4m and 1,585 comparable companies of the same size. It probably lies between €1.6m and €3.8m. It is a rough estimate. In financial year 2018 turnover was €0.
Is CORBEO profitable?
In financial year 2025, CORBEO made a loss of €55,708.
Where can I find the annual accounts of CORBEO?
CORBEO filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CORBEO due?
CORBEO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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