CORCORAN
ActiveSummary
CORCORAN has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €717k and a net result of €116k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▼-29
Solvency98▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 3.1 against 3.46 in 2024; short-term debt: 27.1% and cash: 38.9% of total assets), and 27.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
72.9%
Return on assets
11.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
41 d early
2023
13 d early
2022
29 d late
2021
18 d late
2020
1 d early
2019
90 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€116k▼ 39.3%
2024 · €191k
2018: €318khighest in 8 years
2019: €175k▼ -45.0% vs 2018
2020: €187k▲ +6.8% vs 2019
2021: €18k▼ -90.4% vs 2020lowest in 8 years
2022: €122k▲ +581% vs 2021
2023: €223k▲ +83.6% vs 2022
2024: €191k▼ -14.5% vs 2023
2025: €116k▼ -39.3% vs 2024
2018 → 2025
Working capital
€558k▼ 3.2%
2024 · €577k
2018: €966k
2019: €999k▲ +3.5% vs 2018
2020: €1.02M▲ +1.7% vs 2019highest in 8 years
2021: €818k▼ -19.6% vs 2020
2022: €626k▼ -23.5% vs 2021
2023: €741k▲ +18.5% vs 2022
2024: €577k▼ -22.2% vs 2023
2025: €558k▼ -3.2% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€899k-€921k▲ 2.4%€1.00M▲ 8.8%€801k▼ 20.1%€717k▼ 10.5%
2021: €899k
2022: €921k▲ +2.4% vs 2021
2023: €1.00M▲ +8.8% vs 2022highest in 5 years
2024: €801k▼ -20.1% vs 2023
2025: €717k▼ -10.5% vs 2024lowest in 5 years
Operating result€152k-€130k▼ 14.2%€269k▲ 107%€229k▼ 15.0%€203k▼ 11.2%
2021: €152k
2022: €130k▼ -14.2% vs 2021lowest in 5 years
2023: €269k▲ +107% vs 2022highest in 5 years
2024: €229k▼ -15.0% vs 2023
2025: €203k▼ -11.2% vs 2024
Net result€18k-€122k▲ 581%€223k▲ 83.6%€191k▼ 14.5%€116k▼ 39.3%
2021: €18klowest in 5 years
2022: €122k▲ +581% vs 2021
2023: €223k▲ +83.6% vs 2022highest in 5 years
2024: €191k▼ -14.5% vs 2023
2025: €116k▼ -39.3% vs 2024
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €983k
Fixed assets
€159k ▼ 29.2%
Current assets
€824k ▲ 1.7%
Equity and liabilities €983k
Equity
€717k ▼ 10.5%
Debt
€266k ▲ 13.8%
Debt's share of the balance-sheet total rises from 22.6% to 27.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€269k▼
2024 · €290k
Cash flow
€181k▼
2024 · €252k
Current ratio
3.10▼
2024 · 3.46
Debt to equity
0.37▲
2024 · 0.29
ROE
16.2%▼
2024 · 23.9%
ROA
11.8%▼
2024 · 18.5%
Interest coverage
3.51▼
2024 · 516.23
Debt ≤ 1 year
€266k▲
2024 · €234k
Income taxes
€19k▼
2024 · €58k
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.03M€983k▼
Fixed assets21/28€224k€159k▼
Tangible fixed assets22/27€216k€151k▼
Plant, machinery and equipment23€201k€142k▼
Furniture and vehicles24€15k€8k▼
Financial fixed assets28€8k€8k=
Current assets29/58€811k€824k▲
Amounts receivable within one year40/41€677k€435k▼
Trade receivables40€172k€102k▼
Other amounts receivable41€505k€333k▼
Current investments50/53€0-
Cash at bank and in hand54/58€127k€382k▲
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.03M€983k▼
Equity10/15€801k€717k▼
Contributions10/11€70k€70k=
Reserves13€140k€140k=
Distributable reserves133€140k€140k=
Profit (loss) carried forward14€591k€507k▼
Amounts payable17/49€234k€266k▲
Amounts payable within one year42/48€234k€266k▲
Trade debts44€26k€24k▼
Suppliers440/4€26k€24k▼
Taxes, remuneration and social security45€87k€31k▼
Taxes450/3€87k€31k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€122k€211k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€65k▲
Other operating charges640/8€6k€4k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€297k€273k▼
Operating profit (loss)9901€229k€203k▼
Financial income75/76B€20k€8k▼
Recurring financial income75€20k€8k▼
Financial charges65/66B€562€76k▲
Recurring financial charges65€562€76k▲
Profit (loss) for the period before taxes9903€249k€135k▼
Income taxes67/77€58k€19k▼
Profit (loss) for the period9904€191k€116k▼
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€191k€116k▼
Appropriation of the result
Profit (loss) to be appropriated9906€983k€707k▼
Profit (loss) brought forward from the previous period14P€792k€591k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€392k€200k▼
Return on contributions (dividend)694€392k€200k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3k | €0 | - | €2k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €36k | €57k | €61k | €65k | ▲ 6.9% |
| Other operating charges640/8 | €2k | €2k | €2k | €6k | €4k | ▼ 38.9% |
| Non-recurring operating charges66A | - | - | €2k | €0 | - | - |
| Gross operating margin9900 | €157k | €168k | €329k | €297k | €273k | ▼ 8.1% |
| Operating profit (loss)9901 | €152k | €130k | €269k | €229k | €203k | ▼ 11.2% |
| Financial income75/76B | €21k | €23k | €23k | €20k | €8k | ▼ 58.5% |
| Recurring financial income75 | €21k | €23k | €23k | €20k | €8k | ▼ 58.5% |
| Financial charges65/66B | €118k | €653 | €474 | €562 | €76k | ▲ 13,503% |
| Recurring financial charges65 | €496 | €653 | €474 | €562 | €76k | ▲ 13,503% |
| Non-recurring financial charges66B | €117k | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €56k | €152k | €292k | €249k | €135k | ▼ 45.6% |
| Income taxes67/77 | €38k | €31k | €68k | €58k | €19k | ▼ 66.6% |
| Profit (loss) for the period9904 | €18k | €122k | €223k | €191k | €116k | ▼ 39.3% |
| Transfer from tax-exempt reserves789 | - | - | €71k | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €18k | €122k | €295k | €191k | €116k | ▼ 39.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €975k | €1.06M | €1.23M | €1.03M | €983k | ▼ 5.0% |
| Fixed assets21/28 | €82k | €295k | €260k | €224k | €159k | ▼ 29.2% |
| Tangible fixed assets22/27 | €74k | €287k | €252k | €216k | €151k | ▼ 30.3% |
| Plant, machinery and equipment23 | €34k | €281k | €244k | €201k | €142k | ▼ 29.1% |
| Furniture and vehicles24 | - | €6k | €8k | €15k | €8k | ▼ 45.6% |
| Assets under construction and advance payments27 | €40k | €0 | - | - | - | - |
| Financial fixed assets28 | €8k | €8k | €8k | €8k | €8k | = |
| Current assets29/58 | €894k | €761k | €972k | €811k | €824k | ▲ 1.7% |
| Amounts receivable within one year40/41 | €656k | €714k | €797k | €677k | €435k | ▼ 35.7% |
| Trade receivables40 | €727 | €2k | €162k | €172k | €102k | ▼ 40.4% |
| Other amounts receivable41 | €656k | €713k | €635k | €505k | €333k | ▼ 34.1% |
| Current investments50/53 | €0 | - | €60k | €0 | - | - |
| Cash at bank and in hand54/58 | €236k | €44k | €109k | €127k | €382k | ▲ 200% |
| Deferred charges and accrued income490/1 | €2k | €3k | €6k | €6k | €7k | ▲ 8.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €975k | €1.06M | €1.23M | €1.03M | €983k | ▼ 5.0% |
| Equity10/15 | €899k | €921k | €1.00M | €801k | €717k | ▼ 10.5% |
| Contributions10/11 | €70k | €70k | €70k | €70k | €70k | = |
| Reserves13 | €140k | €140k | €140k | €140k | €140k | = |
| Tax-exempt reserves132 | €71k | €71k | €0 | - | - | - |
| Distributable reserves133 | €69k | €69k | €140k | €140k | €140k | = |
| Profit (loss) carried forward14 | €689k | €711k | €792k | €591k | €507k | ▼ 14.2% |
| Amounts payable17/49 | €76k | €135k | €230k | €234k | €266k | ▲ 13.8% |
| Amounts payable within one year42/48 | €76k | €135k | €230k | €234k | €266k | ▲ 13.8% |
| Trade debts44 | €55k | €20k | €10k | €26k | €24k | ▼ 5.0% |
| Suppliers440/4 | €55k | €20k | €10k | €26k | €24k | ▼ 5.0% |
| Taxes, remuneration and social security45 | €10k | €9k | €74k | €87k | €31k | ▼ 64.1% |
| Taxes450/3 | €9k | €9k | €74k | €87k | €31k | ▼ 64.1% |
| Remuneration and social security454/9 | €137 | €137 | €137 | €0 | - | - |
| Other amounts payable47/48 | €12k | €106k | €146k | €122k | €211k | ▲ 73.3% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €122k | €223k | €191k | €116k | ▼ 39.3% |
| + Depreciation and write-downs630 | €3k | €36k | €57k | €61k | €65k | ▲ 6.9% |
| Operating cash flow (approximation) | €21k | €158k | €280k | €252k | €181k | ▼ 28.1% |
| Investment in fixed assets (approximation) | - | €-250k | €-22k | €-25k | €0 | ▲ 100% |
| Change in cash | - | €-192k | €66k | €18k | €255k | ▲ 1,304% |
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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €1MEq €1.00M ▲8.8%
6 profitable years in a row build equity to €1.00M.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 18 days late
2021
31-12
Financial
Weakest financial yearnet €18k ▼90.4%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
31-12
Financial
Equity above €1MEq €1.01M ▲3.3%
2 profitable years in a row build equity to €1.01M.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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, Etterbeek · 1 establishment unit since 2014
Ground area
282 m²
Building footprint
181 m²
Volume, LiDAR
2,223 m³
Parcel 21362B0294/00W004, Brussels · tallest building 25.1 m, ±4 floors. Linked by address, not a title deed.
73
companies at this address
See who is registered here
1 establishment unit
Sint-Michielslaan 125, 1040 Etterbeek
since 20142.238.712.686
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0294/00W004 | Brussels | 282 m² | 1 · 180 m² | 25.1 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
2549004B89KYUYJAMB24
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 31,341 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
Founded24-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.