CORECOM
ActiveSummary
CORECOM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €26k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 34% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+35
Solvency46▲+10
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 0.93 in 2024; short-term debt: 39.1% and cash: 36% of total assets), and 79% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21%
Return on assets
12.4%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €45k
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 20-04-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
34 d early
2023
53 d early
2022
48 d early
2021
50 d early
2020
13 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€45k▲ 145%
2024 · €18k
Total assets
€213k▲ 24.6%
2024 · €171k
Net result
€26k▲ 980%
2024 · €2k
Working capital
€21k
2024 · €-4k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€6k▼ 35.4%€-3k€8k€8k▲ 3.0%€35k▲ 332%
Net result€-2k€-10k▼ 587%€1k€2k▲ 88.6%€26k▲ 980%
Equity€25k▼ 5.7%€15k▼ 41.5%€16k▲ 8.9%€18k▲ 15.5%€45k▲ 145%
Total assets€208k▼ 9.8%€196k▼ 5.8%€186k▼ 5.1%€171k▼ 8.1%€213k▲ 24.6%
Debt€183k▼ 10.3%€182k▼ 0.9%€170k▼ 6.2%€153k▼ 10.3%€168k▲ 10.2%
Working capital€4k▼ 37.5%€-6k€-4k▲ 30.2%€-4k▲ 19.1%€21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 332% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €213k
Fixed assets
€109k ▼ 9.1%
Current assets
€104k ▲ 104%
Equity and liabilities €213k
Equity
€45k ▲ 145%
Debt
€168k ▲ 10.2%
Debt's share of the balance-sheet total falls from 89.3% to 79.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▲
2024 · €19k
Cash flow
€37k▲
2024 · €13k
Current ratio
1.25▲
2024 · 0.93
Quick ratio
0.95▲
2024 · 0.56
Debt to equity
3.76▼
2024 · 8.34
ROE
59.1%▲
2024 · 13.4%
ROA
12.4%▲
2024 · 1.4%
Interest coverage
8.61▲
2024 · 3.37
Debt ≤ 1 year
€83k▲
2024 · €55k
Debt > 1 year
€85k▼
2024 · €98k
Income taxes
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €15k | €15k | €11k | €11k | ▼ 0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €229 | - | - | - |
| Other operating charges640/8 | - | €1k | €382 | €1k | €1k | ▼ 0.2% |
| Gross operating margin9900 | €22k | €13k | €23k | €20k | €47k | ▲ 131% |
| Operating profit (loss)9901 | €6k | €-3k | €8k | €8k | €35k | ▲ 332% |
| Financial income75/76B | - | €4 | €81 | €11 | €11 | ▼ 2.1% |
| Recurring financial income75 | €15 | €4 | €81 | €11 | €11 | ▼ 2.1% |
| Financial charges65/66B | - | €7k | €6k | €6k | €5k | ▼ 5.6% |
| Recurring financial charges65 | €7k | €7k | €6k | €6k | €5k | ▼ 5.6% |
| Profit (loss) for the period before taxes9903 | €-1k | €-10k | €2k | €2k | €30k | ▲ 1,108% |
| Income taxes67/77 | €161 | - | €976 | - | €3k | - |
| Profit (loss) for the period9904 | €-2k | €-10k | €1k | €2k | €26k | ▲ 980% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-10k | €1k | €2k | €26k | ▲ 980% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €208k | €196k | €186k | €171k | €213k | ▲ 24.6% |
| Fixed assets21/28 | €160k | €146k | €131k | €120k | €109k | ▼ 9.1% |
| Tangible fixed assets22/27 | €160k | €146k | €131k | €120k | €109k | ▼ 9.1% |
| Land and buildings22 | - | €144k | €131k | €120k | €109k | ▼ 9.1% |
| Furniture and vehicles24 | - | €1k | €21 | - | - | - |
| Current assets29/58 | €48k | €51k | €55k | €51k | €104k | ▲ 104% |
| Stocks and contracts in progress3 | €20k | €18k | €22k | €20k | €24k | ▲ 21.2% |
| Stocks30/36 | - | €18k | €22k | €20k | €24k | ▲ 21.2% |
| Amounts receivable within one year40/41 | €5k | €2k | €3k | €2k | €3k | ▲ 73.8% |
| Trade receivables40 | - | €2k | €3k | €2k | €3k | ▲ 71.5% |
| Other amounts receivable41 | - | - | €48 | - | €38 | - |
| Cash at bank and in hand54/58 | €23k | €30k | €30k | €29k | €77k | ▲ 163% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €208k | €196k | €186k | €171k | €213k | ▲ 24.6% |
| Equity10/15 | €25k | €15k | €16k | €18k | €45k | ▲ 145% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €6k | €6k | €6k | €6k | €26k | ▲ 343% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | - | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | - | €742 | €742 | €3k | €23k | ▲ 779% |
| Profit (loss) carried forward14 | €356 | €-10k | €-9k | €-6k | - | - |
| Amounts payable17/49 | €183k | €182k | €170k | €153k | €168k | ▲ 10.2% |
| Amounts payable after more than one year17 | €139k | €125k | €111k | €98k | €85k | ▼ 13.3% |
| Financial debts170/4 | - | €125k | €111k | €98k | €85k | ▼ 13.3% |
| Amounts payable within one year42/48 | €44k | €57k | €60k | €55k | €83k | ▲ 52.4% |
| Current portion of amounts payable after more than one year42 | - | €15k | €15k | €14k | €13k | ▼ 3.7% |
| Trade debts44 | €26k | €27k | €31k | €29k | €56k | ▲ 93.8% |
| Suppliers440/4 | - | €27k | €31k | €29k | €56k | ▲ 93.8% |
| Taxes, remuneration and social security45 | - | €5k | €3k | €4k | €11k | ▲ 210% |
| Taxes450/3 | - | €4k | €3k | €4k | €11k | ▲ 210% |
| Remuneration and social security454/9 | - | €301 | - | - | - | - |
| Other amounts payable47/48 | - | €11k | €10k | €9k | €3k | ▼ 60.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-10k | €1k | €2k | €26k | ▲ 980% |
| + Depreciation and write-downs630 | €15k | €15k | €15k | €11k | €11k | ▼ 0.2% |
| Operating cash flow (approximation) | €13k | €4k | €16k | €13k | €37k | ▲ 179% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €8k | €-210 | €-816 | €48k | ▲ 5,924% |
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
Next filing, fiscal year 2026, expected by
2026
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €26k ▲980%
Operating result €35k, net result €26k, both a record.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
11-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schoten · 1 establishment unit since 2007
Ground area
356 m²
Building footprint
116 m²
Volume, LiDAR
713 m³
Parcel 11442C0263/00C010, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Corecom
since 20072.165.287.646
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0263/00C010 | Flanders | 356 m² | 1 · 116 m² | 10.8 m · 3 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.
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Of 2,119 companies in sector 46500 we hold annual accounts for 1,403. 857 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-09-2007
Fiscal year end30-09
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.