COREC
ActiveSummary
COREC has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€90,093) and a net result of -€95,093. Its solvency ranks better than 9% of 8711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes
Profitability15
Solvency22
Growth-
Track record67
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.64; short-term debt: 98.3% and cash: 0.3% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-2.6%
Return on assets
-2.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€90,093
Total assets
€3.5m
Net result
-€95,093
Working capital
-€1.2m
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €3.5m
Fixed assets
€1.3m
Current assets
€2.2m
Key figures and ratios
EBITDA
-€92,014
Cash flow
-€84,736
Solvency
-2.6%
Current ratio
0.64
Debt to equity
-39.69
ROA
-2.7%
Interest coverage
-1.10
Debt
€3.6m
Debt ≤ 1 year
€3.4m
Debt > 1 year
€150,000
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,357 |
| Other operating charges640/8 | €566 |
| Gross operating margin9900 | -€91,448 |
| Operating profit (loss)9901 | -€102,371 |
| Financial income75/76B | €91,140 |
| Recurring financial income75 | €91,140 |
| Financial charges65/66B | €83,862 |
| Recurring financial charges65 | €83,862 |
| Profit (loss) for the period before taxes9903 | -€95,093 |
| Profit (loss) for the period9904 | -€95,093 |
| Profit (loss) for the period to be appropriated9905 | -€95,093 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €3.5m | |
| Fixed assets21/28 | €1.3m | |
| Tangible fixed assets22/27 | €33,031 | |
| Furniture and vehicles24 | €33,031 | |
| Financial fixed assets28 | €1.3m | |
| Current assets29/58 | €2.2m | |
| Amounts receivable within one year40/41 | €2.2m | |
| Trade receivables40 | €34,525 | |
| Other amounts receivable41 | €2.1m | |
| Cash at bank and in hand54/58 | €9,722 | |
| Deferred charges and accrued income490/1 | €476 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €3.5m | |
| Equity10/15 | -€90,093 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | -€95,093 | |
| Amounts payable17/49 | €3.6m | |
| Amounts payable after more than one year17 | €150,000 | |
| Financial debts170/4 | €150,000 | |
| Amounts payable within one year42/48 | €3.4m | |
| Current portion of amounts payable after more than one year42 | €424,057 | |
| Trade debts44 | €16,030 | |
| Suppliers440/4 | €16,030 | |
| Taxes, remuneration and social security45 | €5,661 | |
| Taxes450/3 | €1,506 | |
| Remuneration and social security454/9 | €4,155 | |
| Other amounts payable47/48 | €3.0m | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€95,093 |
| + Depreciation and write-downs630 | €10,357 |
| Operating cash flow (approximation) | -€84,736 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hooglede · 1 establishment unit since 2024
Ground area
2,724 m²
Building footprint
145 m²
Volume, LiDAR
706 m³
Parcel 36006B0799/00C000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
COREC
since 20242.363.051.543
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36006B0799/00C000 | Flanders | 2,724 m² | 1 · 145 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
AERAS
BE 0771.419.224
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BE 0800.848.925
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AMBISO
BE 0735.807.554
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ARISTO
BE 0434.718.564
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BC PLUS
BE 0806.957.747
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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 82,632 companies in sector 70200 we hold annual accounts for 52,587. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.