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CORE TONIC

Active
Private limited company·Exploitatie van sportaccommodaties· 11 yrs active
Rue Marcel de Brogniez 13 ·4690 Bassenge, Belgium
KBO/BCE: BE 0568.972.504
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age11 yrs
Board2

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of CORE TONIC is 0.3% (very low). The 2024 annual accounts show equity of €58k and a net result of €774. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 786 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.3% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Higher-failure-rate region +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 29-08-2025 29 d late 2025-00464326
31-12-2023 31-07-2024 27-07-2024 4 d early 2024-00307126
31-12-2022 31-07-2023 30-08-2023 30 d late 2023-00411248
31-12-2021 31-07-2022 19-08-2022 19 d late 2022-20308094
31-12-2020 31-07-2021 31-08-2021 31 d late 2021-60400381
31-12-2019 31-07-2020 28-10-2020 89 d late 2020-64000088
31-12-2018 31-07-2019 17-11-2019 109 d late 2019-73900119
31-12-2017 31-07-2018 24-08-2018 24 d late 2018-50200491
31-12-2016 31-07-2017 24-08-2017 24 d late 2017-48300437
31-12-2015 31-07-2016 09-08-2016 9 d late 2016-41600419

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Established
Founded in 2015, 11 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€774-61.5%
Working capital€-109k-72.2%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro
€-60k€-40k€-20k€0€20kOperating result 2020: €9k€9kNet result 2020: €-56k€-56kOperating result 2021: €20k€20kNet result 2021: €9k€9kOperating result 2022: €12k€12kNet result 2022: €2k€2kOperating result 2023: €13k€13kNet result 2023: €2k€2kOperating result 2024: €11k€11kNet result 2024: €774€77420202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~7.3%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€20k€40k€60k€80k2025: €66k (€61k - €70k)2026: €70k (€65k - €76k)2027: €75k (€68k - €83k)2018: €8k2019: €45k2020: €44k2021: €53k2022: €55k2023: €57k2024: €58k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 93 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 15.2% 20.2%
better than 45% of 786 sector peers
Net result €774 €2k
better than 46% of 788 sector peers
Equity €58k €18k
better than 72% of 789 sector peers
Gross operating margin €31k €24k
better than 55% of 787 sector peers
Total assets €379k €110k
better than 80% of 787 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P45
2020: P35 · n=1252021: P36 · n=2402022: P43 · n=4802023: P43 · n=6522024: P45 · n=7862020 2024
Stable position over 2020-2024 · n=125-786
Net result P46
2020: P54 · n=1242021: P63 · n=2412022: P49 · n=4812023: P48 · n=6502024: P46 · n=7882020 2024
Stable position over 2020-2024 · n=124-788
Equity P72
2020: P65 · n=1252021: P70 · n=2422022: P75 · n=4822023: P73 · n=6532024: P72 · n=7892020 2024
Stable position over 2020-2024 · n=125-789
Gross operating margin P55
2020: P75 · n=1242021: P75 · n=2402022: P63 · n=4802023: P60 · n=6492024: P55 · n=7872020 2024
Weakening position over 2020-2024 · n=124-787
Describes the position versus peers, not a forecast.
EBITDA
€31k
-5.1% 18-24
Net profit
€774
-61.5% 18-24
Cash flow
€21k
-3.3% 18-24
Total assets
€379k
-10.9% 18-24
Equity
€58k
+1.4% 18-24
Working capital
€-109k
-72.2% 18-24
Employees (FTE)
0
- 18-24
Staff costs
€114
-97.6% 18-24
Income taxes
€602
+198.3% 18-24
Debt
€321k
-12.8% 18-24
Debt ≤ 1y
€129k
+13.6% 18-24
Debt > 1y
€192k
-24.6% 18-24
Current ratio
0.16
-64.5% 18-24
Quick ratio
0.16
-64.5% 18-24
Solvency
15.2%
+13.8% 18-24
Debt / equity
5.57
-14.0% 18-24
ROE
1.3%
-62.0% 18-24
ROA
0.2%
-56.7% 18-24
Interest coverage
3.21
+8.1% 18-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€31k
Net profit€774
Cash flow€21k
Staff costs-
Income taxes€602
Dividends-
Total assets€379k
Equity€58k
Debt€321k
of which ≤ 1y€129k
of which > 1y€192k
Working capital€-109k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.16
Quick ratio0.16
Working capital ratio-28.7%
Solvency15.2%
Debt / equity5.57
Long-term debt ratio3.33
Interest coverage3.21
Gross margin-
Net margin-
ROA0.2%
ROE1.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€379k
Fixed assets 21/28€359k
Tangible fixed assets 22/27€351k
Financial fixed assets 28€8k
Current assets 29/58€20k
Amounts receivable within one year 40/41€390
Cash & bank 54/58€18k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€379k
Equity 10/15€58k
Contributions / capital 10/11€101k
Accumulated profits (losses) 14€-43k
Amounts payable 17/49€321k
Amounts payable after one year 17€192k
Amounts payable within one year 42/48€129k
Trade debts payable within one year 44€5k
Income statement
Gross operating margin 9900€31k
Operating result 9901€11k
Financial income 75€4
Financial charges 65€10k
Result before taxes 9903€1k
Income taxes 67/77€602
Net result for the period 9904€774
Result to be appropriated 9905€774
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
36 / 100 Weak
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

3 directors
Current directors & mandates
  • SOUGNE Danielle
    Director
    State Gazette act 25382049 (29-12-2025)
    Current
    29-12-2025 → present
    2 events
    • 29-12-2025 Resigned· Director
    • 29-12-2025 Appointed· Director
  • VANGERVEN Thomas
    Director
    State Gazette act 25382049 (29-12-2025)
    Current
    29-12-2025 → present
    2 events
    • 29-12-2025 Resigned· Director
    • 29-12-2025 Appointed· Director
Former directors (1)
  • VANGERVEN Simon
    Director
    State Gazette act 25382049 (29-12-2025)
    Former
    - → 29-12-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Exploitatie van sportaccommodaties(93110)
Legal form Private limited company(610)
Incorporation22-01-2015
StatusActive
Postal code4690

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
3 companies at this address See who is registered here

Establishment units

1 location
CORE TONIC
Rue Marcel de Brogniez 15, 4690 BassengeSport- en recreatieonderwijs
since 20162.246.098.841
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area907 m²
Buildings2
Building footprint299 m²
Volume (LiDAR)3,167 m³
Tallest building15.0 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62086A0628/00C000 Wallonia 775 m² 1 · 243 m² 15.0 m · 4 fl.
62086A0630/00V000 Wallonia 132 m² 1 · 56 m² 6.3 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

3 acts
Address history · 1
13-12-2016
v3.2
All acts · 3 updated 7 months ago
2025
29-12-2025 2 directors appointed, 3 resigning Director changes
  • SOUGNE Danielle, Bestuurder
  • VANGERVEN Thomas, Bestuurder
  • SOUGNE Danielle, Bestuurder
  • VANGERVEN Thomas, Bestuurder
  • VANGERVEN Simon, Bestuurder
Summary: v3.2
2016
13-12-2016 Registered office moved within Roclenge sur Geer Registered-office change
  • rue Marcel de Brogniez 15, 4690 Roclenge sur Geer → rue Marcel de Brogniez 13, 4690 Roclenge sur Geer
Summary: v3.2
2015
26-01-2015 Incorporation of a new SRL Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health36Profitability7Solvency10Growth78Stability100
46 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 36
Profitability 7
Solvency 10
Growth 78
Stability 100

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Exploitatie van sportaccommodaties93110Exploitatie van sportaccommodaties93110Sport- en recreatieonderwijs85510Sport- en recreatieonderwijs85510Overige sportactiviteiten, n.e.g.93199Overige sportactiviteiten, neg93199
Primary activity highlighted.
Names & trade names
Legal nameFR CORE TONIC
Registered office
Rue Marcel de Brogniez 13 bus a
4690 Bassenge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.