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Core2Life

Active
Private limited companyfounded 20224 yrs activeZuiderring 25, 3600 Genk, BelgiumKBO/BCE: BE 0783.509.679
Summary

For Core2Life, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€10,404) and a net result of -€4,574. Its solvency ranks better than 10% of 2300 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth58
Track record86
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Solvency
-67.2%
Return on assets
-29.5%
Age of the figures
33 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-12-2024, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
153 d late
2022
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 76 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 17 March 2022, Core2Life was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023

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Financials · fiscal year 2023, micro schema

Equity
-€10,404▼ 78.5%
2022 · -€5,830
Total assets
€15,491▼ 1.9%
2022 · €15,794
Net result
-€4,574▲ 57.8%
2022 · -€10,830
Working capital
-€19,786▲ 4.5%
2022 · -€20,716
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023
Operating result-€10,792--€4,184▲ 61.2%
Net result-€10,830below the sector's middle half--€4,574below the sector's middle half▲ 57.8%
Equity-€5,830below the sector's middle half--€10,404below the sector's middle half▼ 78.5%
Total assets€15,794below the sector's middle half-€15,491below the sector's middle half▼ 1.9%
Debt€21,623-€25,895▲ 19.8%
Working capital-€20,716below the sector's middle half--€19,786below the sector's middle half▲ 4.5%
Solvency-36.9%below the sector's middle half--67.2%below the sector's middle half▼ 30.3pp
Current ratio0.03below the sector's middle half-0.05below the sector's middle half▲ 0.02
Return on assets (ROA)-68.6%below the sector's middle half--29.5%below the sector's middle half▲ 39.0pp
above within below the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2022: -€10,792-€10,792Net result 2022: -€10,830-€10,830Operating result 2023: -€4,184-€4,184Net result 2023: -€4,574-€4,57420222023-€15,000-€10,000-€5,000€0Operating result 2022: -€10,792-€10,800Net result 2022: -€10,830-€10,800Operating result 2023: -€4,184-€4,180Net result 2023: -€4,574-€4,57020222023
The operating result stays negative: a loss of €4,184 in 2023 against €10,792 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €15,491
Fixed assets €14,382 ▼ 5.3%
Current assets €1,109 ▲ 81.2%
Equity and liabilities
Equity-€10,404
Debt€25,895
Equity is negative: debt (€25,895) exceeds the balance-sheet total (€15,491).
Key figures and ratios
2023 value · change against 2022
EBITDA
-€3,383▲
2022 · -€10,363
Cash flow
-€3,774▲
2022 · -€10,401
Interest coverage
-8.66▲
2022 · -276.94
Debt ≤ 1 year
€20,895▼
2022 · €21,328
Debt > 1 year
€5,000
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 37 lines
Balance sheet Code20222023
Assets
Total assets20/58€15,794€15,491▼
Fixed assets21/28€15,182€14,382▼
Tangible fixed assets22/27€3,572€2,772▼
Plant, machinery and equipment23€3,572€2,772▼
Financial fixed assets28€11,610€11,610=
Current assets29/58€612€1,109▲
Amounts receivable within one year40/41€612-
Trade receivables40€607-
Other amounts receivable41€5-
Cash at bank and in hand54/58-€1,109
Equity and liabilities
Total equity and liabilities10/49€15,794€15,491▼
Equity10/15-€5,830-€10,404▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€10,830-€15,404▼
Amounts payable17/49€21,623€25,895▲
Amounts payable after more than one year17-€5,000
Other amounts payable178/9-€5,000
Amounts payable within one year42/48€21,328€20,895▼
Financial debts43€1,225-
Credit institutions430/8€1,225-
Trade debts44€1,636€10,651▲
Suppliers440/4€1,636€10,651▲
Taxes, remuneration and social security45€2,258€4,339▲
Taxes450/3€2,258€4,339▲
Other amounts payable47/48€16,209€5,905▼
Accrued charges and deferred income492/3€296-
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€429€800▲
Other operating charges640/8-€131
Gross operating margin9900-€10,363-€3,252▲
Operating profit (loss)9901-€10,792-€4,184▲
Financial charges65/66B€37€391▲
Recurring financial charges65€37€391▲
Profit (loss) for the period before taxes9903-€10,830-€4,574▲
Profit (loss) for the period9904-€10,830-€4,574▲
Profit (loss) for the period to be appropriated9905-€10,830-€4,574▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10,830-€15,404▼
Profit (loss) brought forward from the previous period14P--€10,830

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€429€800▲ 86.5%
Other operating charges640/8-€131-
Gross operating margin9900-€10,363-€3,252▲ 68.6%
Operating profit (loss)9901-€10,792-€4,184▲ 61.2%
Financial charges65/66B€37€391▲ 944%
Recurring financial charges65€37€391▲ 944%
Profit (loss) for the period before taxes9903-€10,830-€4,574▲ 57.8%
Profit (loss) for the period9904-€10,830-€4,574▲ 57.8%
Profit (loss) for the period to be appropriated9905-€10,830-€4,574▲ 57.8%
Line20222023Change
Assets
Total assets20/58€15,794€15,491▼ 1.9%
Fixed assets21/28€15,182€14,382▼ 5.3%
Tangible fixed assets22/27€3,572€2,772▼ 22.4%
Plant, machinery and equipment23€3,572€2,772▼ 22.4%
Financial fixed assets28€11,610€11,610=
Current assets29/58€612€1,109▲ 81.2%
Amounts receivable within one year40/41€612--
Trade receivables40€607--
Other amounts receivable41€5--
Cash at bank and in hand54/58-€1,109-
Equity and liabilities
Total equity and liabilities10/49€15,794€15,491▼ 1.9%
Equity10/15-€5,830-€10,404▼ 78.5%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€10,830-€15,404▼ 42.2%
Amounts payable17/49€21,623€25,895▲ 19.8%
Amounts payable after more than one year17-€5,000-
Other amounts payable178/9-€5,000-
Amounts payable within one year42/48€21,328€20,895▼ 2.0%
Financial debts43€1,225--
Credit institutions430/8€1,225--
Trade debts44€1,636€10,651▲ 551%
Suppliers440/4€1,636€10,651▲ 551%
Taxes, remuneration and social security45€2,258€4,339▲ 92.2%
Taxes450/3€2,258€4,339▲ 92.2%
Other amounts payable47/48€16,209€5,905▼ 63.6%
Accrued charges and deferred income492/3€296--
Line20222023Change
Profit (loss) for the period9904-€10,830-€4,574▲ 57.8%
+ Depreciation and write-downs630€429€800▲ 86.5%
Operating cash flow (approximation)-€10,401-€3,774▲ 63.7%
Investment in fixed assets (approximation)-€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
31-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
22-03
KBO administration Address struck
Smeilstraat 43 3600 L’adresse du siège Smeilstraat 43 3600 Genk Die Sitzadresse Smeilstraat 43 3600 Genk Genk is doorgehaald met ingang van · event 03-01-2024
2023
29-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
SignalNBB filing
0 of 3 acts read
About the unread acts

We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
4,668 m²
Building footprint
1,856 m²
Volume, LiDAR
14,226 m³
2 parcels, Flanders · tallest building 24.7 m, ±7 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Core2Life
Weg naar As 17, 3600 GenkRetail trade
since 20222.329.230.316
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71305F0964/00G000 Flanders 2,631 m² 1 · 1,120 m² 6.7 m · 1 fl.
71016I1411/00V007 Flanders 2,037 m² 1 · 737 m² 24.7 m · 7 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 13,492 companies in this sector we hold annual accounts for 722. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded17-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
85510Sports and recreation education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0783509679
Also 9925:BE0783509679
Registered 07-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.