Active BE 1012.242.015Private limited company

COREC

Moortebeekstraat 53 ·1700 Dilbeek, Belgium· 2 yrs active

Sector: Education (85591)

Conclusion Checked

COREC has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €24k. Its solvency ranks better than 33% of 1975 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€13k
Net result	€24k
Better than sector	33%
Active	2 yrs

Financial profile 5 of 5 axes measured · computed by Checked

74 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 76

Profitability 100

Solvency 35

Growth 78

Stability 82

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Young company

Founded in 2024, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

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.

Checked score FY 2025 · computed

76 / 100 Excellent

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.

Indicative credit limit

€1k

estimate, not credit advice

Score history

15 2024

76 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 1.21 (≥ 1.0) +5

Quick ratio Quick ratio 1.21 (≥ 1.0) +5

Leverage Debt/equity 3.59 (> 3.0) -10

Profitability ROE 190% (≥ 10%) +10

Interest coverage Interest coverage 6.6× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 02-07-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2025 · NACE 85, Education · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	21.8%	43.8%	better than 33% of 1975 sector peers
Net result	€24k	€7k	better than 71% of 1979 sector peers
Equity	€13k	€33k	better than 33% of 1979 sector peers
Gross operating margin	€33k	€26k	better than 55% of 1977 sector peers
Total assets	€58k	€94k	better than 36% of 1979 sector peers

EBITDA

€33k

- 24-25

Net profit

€24k

- 24-25

Cash flow

€25k

- 24-25

Total assets

€58k

+157.1% 24-25

Equity

€13k

- 24-25

Working capital

€9k

- 24-25

Income taxes

€3k

+4054.4% 24-25

Debt

€45k

+33.8% 24-25

Debt ≤ 1y

€43k

+26.9% 24-25

Current ratio

1.21

+100.3% 24-25

Quick ratio

1.21

+100.3% 24-25

Solvency

21.8%

- 24-25

Debt / equity

3.59

- 24-25

ROE

189.7%

+31.3% 24-25

ROA

41.4%

- 24-25

Interest coverage

6.64

- 24-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024
Deposit	micro schema	micro schema
Revenue	-	-
EBITDA	€33k	€-15k
Net profit	€24k	€-16k
Cash flow	€25k	€-16k
Staff costs	-	-
Income taxes	€3k	€76
Dividends	-	-
Total assets	€58k	€22k
Equity	€13k	€-11k
Debt	€45k	€34k
of which ≤ 1y	€43k	€34k
of which > 1y	-	-
Working capital	€9k	€-13k
Employees (FTE)	-	-

Ratios (computed)

	2025	2024
Current ratio	1.21	0.61
Quick ratio	1.21	0.61
Working capital ratio	15.9%	-59.1%
Solvency	21.8%	-50.3%
Debt / equity	3.59	-2.99
Long-term debt ratio	-	-
Interest coverage	6.64	-15.03
Gross margin	-	-
Net margin	-	-
ROA	41.4%	-72.6%
ROE	189.7%	144.5%
EBITDA margin	-	-
Days sales outstanding	-	-
Days payable outstanding	-	-
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2025

Assets

Fixed assets €6k · 9.9% Current assets €52k · 90.1%

Equity & liabilities

Equity €13k · 21.8% Debt €45k · 78.2%

Full annual accounts (20 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€58k	€22k
Fixed assets	21/28	€6k	€2k
Tangible fixed assets	22/27	€6k	€2k
Current assets	29/58	€52k	€20k
Amounts receivable within one year	40/41	€26k	€17k
Cash & bank	54/58	€23k	€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€58k	€22k
Equity	10/15	€13k	€-11k
Contributions / capital	10/11	€5k	€5k
Accumulated profits (losses)	14	€8k	€-16k
Amounts payable	17/49	€45k	€34k
Amounts payable within one year	42/48	€43k	€34k
Trade debts payable within one year	44	€5k	€4k
Income statement
Gross operating margin	9900	€33k	€-15k
Operating result	9901	€32k	€-15k
Financial charges	65	€5k	€1k
Result before taxes	9903	€27k	€-16k
Income taxes	67/77	€3k	€76
Net result for the period	9904	€24k	€-16k
Result to be appropriated	9905	€24k	€-16k

Legal Structure

NACE primary	Education(85591)
Legal form	Private limited company(610)
Incorporation	06-08-2024
Status	Active
Postal code	1700

Establishment units 1 location

COREC

Moortebeekstraat 53, 1700 DilbeekSpecialist medical practice

since 20242.362.341.166

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23016D0276/00X000	Flanders	6,386 m²	1 · 414 m²	12.5 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 2 events

All 4Financial 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

02-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Back to profitnet €24k

Net result €24k after one loss-making year.

31-12

Financial Liquidity doublescurrent ratio 1.21

Current ratio from 0.61 to 1.21.

07-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 1 acts read

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.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Education85591Other business support services82990Specialist medical practice86220

Names & trade names

Legal nameNL

COREC

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