CORCHO
ActiveSummary
The computed 12-month bankruptcy probability of CORCHO is 2.6% (moderate). The 2025 annual accounts show equity of €51,373 and a net result of €812. Equity has been growing by about 21% per year since 2021. Its solvency ranks better than 23% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 29-05-2020 Normal situation
- Activity
- Wallpapering and laying of floor and wall coverings in other materials NACE 43333and 2 others
- Establishment unit
- 2.304.678.626 8850 Ardooie, since 29-05-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.6%
- Gross margin
- €42,799
- ▼ 36.1%
- Turnover
- ≈ €250,000
- estimated
- Profit
- €812
- ▼ 95.2%
- Equity
- €51,373
- ▲ 1.6%
- Total assets
- €237,614
- ▲ 24.3%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.76, cash €1,361Founded in 2020Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 23% of them on solvency, 20% on liquidity, 26% on profitability and 39% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
The company filed its last 5 accounts on average 6 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 5 profitable years in a rowprofit 2025: €812 5 years View
Recent changes
- · Gazette deed Registered office moved from Roeselare to Ardooie
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as CORCHO: wallpapering and laying of floor and wall coverings in other materials (NACE 43333). They are comparable in size and age: total assets between €146,000 and €349,000, founded between 2016 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| CORCHO Ardooie | €237,614 | €42,799 |
| SUPPLY COLOR Brugge | €325,313 | €32,548 |
| DE HOE INTERNATIONAL CONSTRUCT Jette | €287,111 | €23,686 |
| WIRKHOES Dilsen-Stokkem | €349,490 | €23,232 |
| ZP algemene aanneming Hamont-Achel | €181,114 | €92,312 |
| LATEMSE EPOXY Sint-Martens-Latem | €262,669 | €75,882 |
| Davy Goffinghs Schilder & Afwerking Landen | €145,603 | €81,028 |
Key facts about CORCHO
- What is the company number of CORCHO?
- The company number of CORCHO is 0747.731.428. The VAT number is the same number with BE in front: BE 0747.731.428.
- Where is CORCHO based?
- The registered office is at Stationsstraat 223, 8850 Ardooie.Company details
- What does CORCHO do?
- According to the KBO register, the main activity is wallpapering and laying of floor and wall coverings in other materials (NACE 43333).
- What is the legal form of CORCHO?
- The legal form of CORCHO is Private limited company (BV).
- When was CORCHO founded?
- CORCHO was founded on 29-05-2020.
- Is CORCHO still active?
- Yes, CORCHO is an active enterprise in the KBO register.
- What is the turnover of CORCHO?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €42,799 and 87 comparable companies (NACE 433). It probably lies between €170,000 and €430,000.Financials
- Is CORCHO profitable?
- In financial year 2025, CORCHO made a profit of €812.
- Where can I find the annual accounts of CORCHO?
- CORCHO filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CORCHO due?
- CORCHO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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