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Core Group

Active
Private limited companyfounded 20196 yrs activeJean Baptiste Vandendrieschstr. 12, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0737.543.854
Summary

The computed 12-month bankruptcy probability of Core Group is 16.8% (high). The 2024 annual accounts show equity of €100 and a net result of €19,683. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 9989 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
Core GroupActiveChecked score 15/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
1 site
Size
€483,471total assets 2024
Equity
€100
Profit
€19,683
Turnover not published (abridged schema)
Financial health
15 Critical Checked score 2024
Bankruptcy chance 12 m
16.8%
Structure
Accounts 66 d overdue0 of 5 deeds read
Why 15- 2 changes of registered office in 24 months- Figures for FY 2024 (filed 09-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 70 days late; 1 of the last 3 late- Sector Construction of residential and non-residential buildings (NACE 41)Show the evidence

Checked score

Score 2024
15 / 100
Critical
Probability in this band: over 15.0%
Better than 25% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 25=
equity 0.0% of total assets
Liquidity 3-1
short-term debt 95.1% · cash 2.3%
Profitability 74=
return on assets 4.1%
Bankruptcy probability, 12 months
16.8% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,373 companies)
Last 24 months 11-2024: 3.1% 12-2024: 3.1%▲ +0.7% vs 11-2024 01-2025: 2.9%▼ -5.4% vs 12-2024 02-2025: 2.8%▼ -5.4% vs 01-2025lowest value 03-2025: 2.8%● 0.0% vs 02-2025lowest value 04-2025: 2.9%▲ +4.6% vs 03-2025 05-2025: 3.0%▲ +4.3% vs 04-2025 06-2025: 3.0%▼ -1.2% vs 05-2025 07-2025: 3.2%▲ +7.6% vs 06-2025 08-2025: 6.8%▲ +109% vs 07-2025 09-2025: 7.4%▲ +8.8% vs 08-2025 10-2025: 9.4%▲ +27.5% vs 09-2025 11-2025: 11.8%▲ +25.7% vs 10-2025 12-2025: 11.8%● 0.0% vs 11-2025 01-2026: 11.7%▼ -0.7% vs 12-2025 02-2026: 10.4%▼ -11.0% vs 01-2026 03-2026: 10.4%▼ -0.3% vs 02-2026 04-2026: 10.7%▲ +2.6% vs 03-2026 05-2026: 10.9%▲ +2.1% vs 04-2026 06-2026: 10.6%▼ -2.6% vs 05-2026 07-2026: 10.6%▲ +0.2% vs 06-2026 08-2026: 12.1%▲ +13.5% vs 07-2026 09-2026: 13.0%▲ +7.2% vs 08-2026 10-2026: 16.8%▲ +30.0% vs 09-2026highest value
  • 2 changes of registered office in 24 months raises the probability
  • Figures for FY 2024 (filed 09-10-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 70 days late; 1 of the last 3 late raises the probability
  • Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
No credit on open account
Liquidity tight (current ratio 1.05 against 0.97 in 2023; short-term debt: 95.1% and cash: 2.3% of total assets), and 100% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 11%, liquidity 5%, profitability 49%, growth against the median 35%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 09-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 70 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9989 sector peers (2024).
NBB · sector comparison
Position among 9989 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
70 d late
2023
33 d early
2022
40 d early
2021
41 d early
2020
40 d early
2019
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 20 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Highest result since 2019net €19,683 ▲63.9%
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Among the weakest 13% on solvencysector median 42.3% · 9,989 companies 0.0% View
  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
  • Positive: 6 profitable years in a rowprofit 2024: €19,683 6 years View

By topic

Financials

Fiscal year
2024
Total assets
€483,471
Profit
€19,683
Solvency
0.0%
Total assets▲ 61.2%
Net result
20192024
Go to Financials

Timeline

Events
7
Since
2020
  1. 09-10-2025Annual accounts filed
  2. 31-12-2024Highest result since 2019
  3. 28-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
08-11-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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