Equity
€107,388 ▲ 71.6%
CORE TECHNICS has made a profit in every financial year since 2023.
CORE TECHNICS
Overview
Lifetime
3 annual accounts with figures on one time axispeak €73,372 (2025)
€73,372▲ 73.2%
peak €44,809 (2025)
€44,809▲ 72.5%
peak €107,388 (2025)
€107,388▲ 71.6%
€51,026▼ 16.9%
Board1 name since 2021
1 directorKERKHOF Maxim
Documentsfilings and deeds
24-04-20266 days before the deadline
2025micro format
Gross margin from €42,360 to €73,372Result from €25,980 to €44,809Equity from €62,579 to €107,388Debts from €61,425 to €51,026Cash from €48,368 to €7,314
Key points
from the 2025 annual accountsTurnover
≈ €300,000 estimated
The micro format states no turnover.
Liquidity
4.78 was 2.43 in 2024
Short-term debts rose from €20,945 to €21,013.
Filings
3 annual accounts 1 late
The 2024 accounts came 28 days late. The other two were filed on time.
Starting capital
€5,000
Position in the sector
€44,809
Higher net result than 84% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
Checked score
67
Healthy
Financially stronger than 76% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.5%▲ +0.1 percentage points vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.9%▲ +0.4 percentage points vs 04-2025
06-2025: 0.6%▼ -0.3 percentage points vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.4%▼ -0.2 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025lowest value
01-2026: 0.5%▲ +0.1 percentage points 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: 1.3%▲ +0.8 percentage points vs 04-2026highest value
06-2026: 1.3%● unchanged vs 05-2026highest value
07-2026: 1.3%● unchanged vs 06-2026highest value
08-2026: 1.3%● unchanged vs 07-2026highest value
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 1.3%● unchanged vs 09-2026
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2021
Size: total assets €158,415
Sector: Specialised construction activities (NACE 43)
lowers risk
Figures for financial year 2025 (filed on 27-04-2026)
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 74% of them on solvency, 49% on liquidity, 92% on profitability and 88% 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 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 39,278 companies had the same profile as CORE TECHNICS has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CORE TECHNICS itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 39,278 companies, not a prediction for CORE TECHNICS. 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 €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.78 (2.43 in 2024), above the usual 1.5. Short-term debt is 13.3% and cash 4.6% of total assets. 32.2% 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
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 24-04-2026, 6 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
6 days early
2024
28 days late
2023
20 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 1 day 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)
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 24 April (3 of the last 3 accounts filed within 34 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end11-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0778575745
Incorporation
Founding capital of €5,000 · Founder: KERKHOF Maxim · Appointment: KERKHOF Maxim (director) · published on 15-12-2021 · Gazette deed
First establishment
Negenhoekstraat 21, Izegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CORE TECHNICS Izegem | €158,415 | €73,372 | 67.8% | - |
| STAM SV Deerlijk | €177,243 | €70,699 | 31.9% | - |
| D-designs Zonnebeke | €130,228 | €69,696 | 82.0% | - |
| S.MENUISERIE Mouscron | €163,373 | €80,308 | 18.3% | - |
| KOEN KENIS Brecht | €174,357 | €73,368 | 60.9% | - |
| OPUS DESIGN Auderghem | €160,188 | €78,604 | -7.3% | - |
| MS Design Beerse | €152,446 | €63,893 | 73.7% | - |
These companies have the same main activity as CORE TECHNICS: joinery installation (NACE 43320). They are comparable in size and age: total assets between €130,000 and €177,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 13-12-2021Normal situation
- Activity
- Joinery installationNACE 43320and 5 others
- Establishment unit
- 2.325.304.5868870 Izegem, since 13-12-2021
- Financial year end
- 30 September
- Peppol
- Reachable since 01-12-2025
Annual accounts to 30-09-2025
- €73,372▲ 73.2%
- €44,809▲ 72.5%
- €107,388▲ 71.6%
- €158,415▲ 27.7%
- Filing
- Filed on 24-04-2026, 6 days before the end of the filing period
Insights on CORE TECHNICS
CORE TECHNICS files the micro format. That format states no turnover. The gross margin rose from €41,328 in 2023 to €73,372 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 24-04-2026, 6 days before the deadline€73,372
▲ 73.2%
€57,271
▲ 69.7%
€44,809
▲ 72.5%
€79,439
▲ 165%
67.8%
▲ 17.3 percentage points
4.78
▲ 2.35
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €300,000. Estimated: probably between €220,000 and €460,000.
Balance sheet
balance sheet total €158,415 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
67.8%
Higher than 73% of 35,136 companies in 2025.
4.78
Higher than 84% of 34,510 companies in 2025.
28.3%
Higher than 86% of 34,711 companies in 2025.
CORE TECHNICS
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
158,415 | 124,004 | 46,923 | |
21/28 |
57,963 | 73,055 | 20,046 | |
22/27 |
57,963 | 73,055 | 20,046 | |
23 |
17,265 | 20,245 | 17,451 | |
24 |
40,698 | 52,810 | 2,596 | |
29/58 |
100,452 | 50,949 | 26,877 | |
40/41 |
93,069 | 2,410 | 1,203 | |
40 |
30,187 | 0 | 578 | |
41 |
62,882 | 2,410 | 625 | |
54/58 |
7,314 | 48,368 | 25,610 | |
490/1 |
68 | 170 | 64 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
158,415 | 124,004 | 46,923 | |
10/15 |
107,388 | 62,579 | 36,599 | |
10/11 |
5,000 | 5,000 | 5,000 | |
13 |
102,000 | 57,500 | 31,000 | |
133 |
102,000 | 57,500 | 31,000 | |
14 |
388 | 79 | 599 | |
17/49 |
51,026 | 61,425 | 10,324 | |
17 |
29,953 | 40,480 | - | |
170/4 |
29,953 | 40,480 | - | |
42/48 |
21,013 | 20,945 | 10,324 | |
42 |
10,526 | 10,162 | - | |
43 |
851 | 681 | 676 | |
430/8 |
851 | 681 | 676 | |
44 |
964 | 2,239 | 1,228 | |
440/4 |
964 | 2,239 | 1,228 | |
45 |
8,672 | 7,665 | 8,222 | |
450/3 |
8,672 | 7,665 | 8,222 | |
47/48 |
0 | 199 | 199 | |
492/3 |
60 | - | - | |
| Income statement | ||||
9900 |
73,372 | 42,360 | 41,328 | |
630 |
15,092 | 8,055 | 1,868 | |
640/8 |
1,008 | 468 | 249 | |
66A |
0 | 79 | - | |
9901 |
57,271 | 33,758 | 39,210 | |
75/76B |
1,286 | 1 | 3 | |
75 |
1,286 | 1 | 3 | |
65/66B |
1,988 | 1,032 | 203 | |
65 |
1,988 | 1,032 | 203 | |
9903 |
56,568 | 32,726 | 39,010 | |
67/77 |
11,759 | 6,746 | 7,411 | |
9904 |
44,809 | 25,980 | 31,599 | |
9905 |
44,809 | 25,980 | 31,599 | |
| Appropriation of the result | ||||
9906 |
44,888 | 26,579 | 31,599 | |
14P |
79 | 599 | - | |
691/2 |
44,500 | 26,500 | 31,000 | |
6921 |
44,500 | 26,500 | 31,000 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 24-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 72,363 | 41,813 | 41,079 | ||
| 59,902 | 34,035 | 33,468 | ||
| 0 | 61,143 | 21,914 | ||
| -41,054 | 22,758 | - | ||
| 79,439 | 30,003 | 16,553 | ||
| 67.8% | 50.5% | 78.0% | ||
| 4.78 | 2.43 | 2.60 | ||
| 0.48 | 0.98 | 0.28 | ||
| 41.7% | 41.5% | 86.3% | ||
| 28.3% | 21.0% | 67.3% | ||
| 36.39 | 40.50 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 |
|---|---|---|---|
| Tangible fixed assets | - | €61,143 | €21,914 |
| €15,092 | €8,055 | €1,868 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on CORE TECHNICS
The operating result for 2025 is 70% higher than in 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 49.5% to 32.2%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 15-12-2021
term without a fixed end
listed in the 2025 annual accounts, filed on 24-04-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 15-12-2021
Mandates through the years
1 name, the dashed line is todayKERKHOF Maxim
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- KERKHOF Maxim
- Director (not named in the articles), appointed by deed of 15-12-2021, still in office
Control
Capital
- Contribution
- €5,000
- Source
- deed of 15-12-2021
Articles of association
deed of 15-12-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 20 March at 20:00
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Alle activa worden gerealiseerd tenzij algemene vergadering anders beslist, indien niet alle aandelen in dezelfde mate volgestort herstelt…”
Shareholders
At incorporation
deed of 15-12-2021 ↗
- KERKHOF Maxim €5,000
Network & group
No group
CORE TECHNICS has no parent and no holdings in its annual accounts. KERKHOF Maxim is the only director. CORE TECHNICS shares no director with another company.
Timeline
Timeline
8 events since 2021Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · 6 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0778575745
Highest result from 2023 to 2025 net €44,809 ▲72.5% The operating result of €57,271 and the net result of €44,809 are both a record.
Equity above €100,000 equity €107,388 ▲71.6% With a profit in every financial year since 2023, equity grows to €107,388.
Annual accounts 2024 filed PDFmicro format · 28 days late
2024
Annual accounts 2023 filed PDFmicro format · 20 days before the deadline
2021
IncorporationFounding capital of €5,000 · Founder: KERKHOF Maxim · Appointment: KERKHOF Maxim (director) · published on 15-12-20214 points ▸
- Founder, KERKHOF Maxim
- Founding capital, €5,000
- Registered office clause, Negenhoekstraat 21, 8870 Izegem
- Director appointment, KERKHOF Maxim (director (not named in the articles))
- The deed holds 3 more points.
First establishment Negenhoekstraat 21, Izegem
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
CORE TECHNICS was incorporated on 13 December 2021 as a private limited company by one natural person, with a starting capital of €5,000.12 KERKHOF Maxim is director of the company, appointed by deed of 15-12-2021.2 Total assets rose from €46,923 in 2023 to €158,415 in 2025.3
Company details
Identity
- Enterprise number
- 0778.575.745
- VAT number
- BE 0778.575.745
- Peppol ID
- 0208:0778575745
- Other Peppol ID
- 9925:BE0778575745
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 13-12-2021
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 20 March at 20:00deed of 15-12-2021 (in Dutch)
- Peppol
- Reachable since 01-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CORE TECHNICS in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 15-12-2021 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Negenhoekstraat 21, 8870 Izegem”deed of 15-12-2021 (in Dutch)
Activities
NACEBEL 202543320
Joinery installation main activity
43341
Painting of buildings
Codes under NACEBEL 2008
43320
Joinery installation main activity
33120
Repair, maintenance and installation of machinery and equipment
43341
Painting of buildings
43390
Specialised construction activities
43999
Specialised construction activities
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle activiteiten van elektricien en loodgieter/sanitair; Algemene elektriciteit en elektrotechnische installaties; Automatisatie…”deed of 15-12-2021 (in Dutch)
48 activities
- Alle activiteiten van elektricien en loodgieter/sanitair.
- Algemene elektriciteit en elektrotechnische installaties.
- Automatisatie.
- Outsourcing van professionele technici voor langdurige opdrachten.
- Elektrische materialen voor aanbrengen van elektriciteit en drijfkracht in gebouwen, zowel ondergronds als bovengronds.
- Telefonie.
- Multimedia.
- Masten en antennes.
- Fotovoltaïsche panelen en alle zonnepanelen voor stroomvoorziening, alsook het plaatsen van sterkstroominstallaties, generatoren, en hulpvoedingssystemen.
- Oplaadtoestellen en oplaadpalen voor elektrische en hybride voertuigen van welke aard ook.
- Automatisatie en kastenbouw.
- Brand, beveiliging- alarminstallaties en domotica, alsook alle apparatuur voor communicatie en zendapparatuur.
- Ventilatie en airconditioning.
- Exclusieve verlichting en lichtreclames.
- Verwarmingsinstallaties.
- Elektrische- en huishoudelijke toestellen.
- Sanitaire herstellingswerken, installaties gas en sanitair.
- Installatie van verlichtings- en signaleringssystemen.
- Elektrotechnische installatiewerken aan gebouwen.
- Onderneming voor de installatie van elektrische bedrading en toebehoren.
- Handelsbemiddeling in bouwmaterialen.
- Handelsbemiddeling in elektrische en elektronisch materiaal, inclusief installatiemateriaal voor industrieel gebruik.
- Handelsbemiddeling in loodgietersmateriaal, elektrisch installatiemateriaal voor huishoudelijk gebruik en verwarmingsinstallaties.
- Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden.
- Timmer- en schrijnwerken.
- Dakwerkzaamheden.
- Bouwen en verbouwen van onroerende goederen.
- Aanleggen en onderhouden van tuinen, parken en het groene gedeelte van sportvelden.
- Aannemer van schrijnwerk in hout, kunststof en metaal.
- Overige werkzaamheden in verband met de afwerking van gebouwen.
- Plaatsen van tussenwanden van gipsplaten
- Overige werkzaamheden in verband met de afwerking van gebouwen, n.e.g.
- Chapewerken.
- Schilderwerken.
- Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assortiment.
- Kleinhandel in elektrische huishoudapparaten.
- Detailhandel in verlichtingsartikelen in gespecialiseerde winkels.
- Uitwerking en realisatie van projecten op het gebied van de elektriciteit en elektronica, machine- en werktuigbouw, industriële systeemontwikkeling, veiligheid, enzovoort.
- Onderneming voor de installatie van de bedrading voor telefooninstallaties en computersystemen.
- Groothandel in elektrische huishoudelijke apparaten.
- Groothandel in verlichtingsapparatuur.
- Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan.
- Onderneming voor de installatie van bewakingssystemen en alarminstallaties tegen diefstal.
- Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels.
- Kleinhandel in verlichtingsartikelen.
- Reparatie van consumentenelektronica.
- De aankoop, verkoop, import, export fabricage, de commercialisatie van alle elektrische en elektronische materialen, producten, toestellen, toebehoren, installaties, verlichting, alsmede de onderdelen die er betrekking tot hebben.
- Alle immobiliaire operaties of ermee verband houdende verrichtingen met name: de aankoop, verkoop, ruiling, het bouwen, het laten bouwen, het huren, verhuren, ter beschikking stellen van gebouwen en gronden, de omvorming of ombouwing en valorisatie van onroerende goederen, in voorkomend geval door middel van lotissering, verkaveling, nieuwbouw en heropbouw of verbouwing.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Negenhoekstraat 21 registered office 8870 Izegem | 13-12-2021 | 2.325.304.586 |
Buildings and parcels at the address
- Ground area
- 245 m²
- Buildings
- 54 m²
- Volume, LiDAR
- 384 m³
- Tallest building
- 9.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 36008C0583/00R000 | 245 m² | 1 · 54 m² | 9.8 m · 2 |
Contact
Phone
0000000000 establishment in Izegem
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0778.575.745