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CORDE MEO

Active
Private limited companyfounded 2016active for 10 yearsGraethempoort 1, 3840 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0650.677.483

From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

CORDE MEO has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,943 and a net result of €5,101. Equity has been shrinking by about 23% per year since 2019. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 88% of 5,709 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 22-03-2016 Normal situation
Activity
Hairdressing and barber services NACE 96210
Establishment unit
2.251.312.788 3840 Tongeren-Borgloon, since 22-03-2016
Financial year end
30 September
Peppol
Reachable since 09-09-2026

Board and ownership

Board
  • Peeters GitteDirector

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-09-2025
Gross margin
€9,875
▲ 303%
Turnover
≈ €67,000
estimated
Profit
€5,101
Equity
€20,943
▲ 32.2%
Total assets
€27,292
▲ 18.9%
Staff
≈ 0 FTE
estimated
Filed on 28-04-2026, 2 days before the deadlinePDF
Score breakdownraises riskSize: total assets €27,2921 of the last 3 accounts latelowers riskLiquidity: current ratio 3.62, cash €19,483Equity €20,943 (76.7% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 85% of micro companies in personal services (NACE 96)
Financial strength · tick: 2024
Strong
Solvency 100+6
equity 76.7% of total assets
Liquidity 93+5
short-term debt 21.5% · cash 71.4%
Profitability 92+90
return on assets 18.7%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,624 companies, NACE 96, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%▲ +0.2 percentage points vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 1.0%▲ +0.4 percentage points vs 06-2025highest value 08-2025: 0.5%▼ -0.5 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.4%▼ -0.1 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.5%▲ +0.1 percentage points vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.2%▼ -0.3 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.62 (2.52 in 2024), above the usual 1.5. Short-term debt is 21.5% and cash 71.4% of total assets. 23.3% of the assets are financed with debt and provisions.
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 96, micro). It does better than 93% of them on solvency, 93% on liquidity, 80% on profitability and 75% on growth.

The bankruptcy probability was computed on 31-10-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.62, cash €19,483
NBB · annual accounts
raises risk · Size: total assets €27,292
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €20,943 (76.7% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €20,943
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
2 days early
2024
61 days late
2023
on the day
2022
3 days early
2021
6 days late
2020
32 days early
2019
61 days late
← 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 13 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 May (4 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
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 87% of companies in personal servicessector median 27.0% · 5,709 companies 76.7% View

Comparable companies

These companies have the same main activity as CORDE MEO: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €17,400 and €30,000, founded between 2016 and 2017.

CompanyTotal assetsGross margin
CORDE MEO Tongeren-Borgloon€27,292€9,875
BARBER STYLE Colfontaine€28,598€11,137
Adil Bahman Aartselaar€23,919€10,860
OTANTIQUE HAIR HOUSE Lier€26,505€11,695
HAIR FORCE ONE Sint-Truiden€17,386€9,039
MAIKEL NISSAN Mechelen€30,004€6,993
R&S Geel€28,246€15,160
Full comparison

Documents

Annual accounts at the NBB

All 9 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about CORDE MEO

What is the company number of CORDE MEO?
The company number of CORDE MEO is 0650.677.483. The VAT number is the same number with BE in front: BE 0650.677.483.
Where is CORDE MEO based?
The registered office is at Graethempoort 1, 3840 Tongeren-Borgloon.Company details
What does CORDE MEO do?
According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
What is the legal form of CORDE MEO?
The legal form of CORDE MEO is Private limited company (BV).
When was CORDE MEO founded?
CORDE MEO was founded on 22-03-2016.
Is CORDE MEO still active?
Yes, CORDE MEO is an active enterprise in the KBO register.
How many employees does CORDE MEO have?
CORDE MEO had an average of 0.8 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of CORDE MEO?
The turnover in financial year 2025 is ≈ €67,000. This figure is estimated from the gross margin of €9,875 and 94 comparable companies (NACE 96210). It probably lies between €39,000 and €130,000. It is a rough estimate.
Is CORDE MEO profitable?
In financial year 2025, CORDE MEO made a profit of €5,101.
Where can I find the annual accounts of CORDE MEO?
CORDE MEO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of CORDE MEO due?
CORDE MEO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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