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Corellia

Active Private limited companyfounded 2018active for 8 yearsRue de Cent Pieds 47, 7133 BincheKBO/BCE: BE 0698.764.838 #2 company by total assets in Binche, Telecoms and IT sector

Lifetime

5 annual accounts with figures on one time axis
Gross marginpeak €468,495 (2025)
€468,495▲ 9.1%
Resultpeak €159,072 (2023)
€53,148▼ 40.7%
Equitypeak €279,085 (2024)
€182,233▼ 34.7%
Debts
€351,806▲ 33.9%
Board4 names since 2021
1 directorMANDALORE
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Result from €89,673 to €53,148Dividend €150,000Equity from €279,085 to €182,233Debts from €262,707 to €351,806Cash from €20,458 to €14

Key points

from the 2025 annual accounts

Equity

€182,233 ▼ 34.7%
279,0852024+53,148Profit-150,000Dividend182,2332025

Corellia paid out €150,000 in dividends. That is 282% of the 2025 profit.

Turnover

≈ €1.2m estimated

The micro format states no turnover.

Filings

5 annual accounts 3 late
deadline20222024

The 2021 accounts came latest: 31 days after the end of the period.

Checked score

80
Excellent
Financially stronger than 25% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,917 companies (NACE 62, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.3 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026highest value 08-2026: 0.4%▼ -0.1 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Average

Solvency
59-18equity 34.1% of total assets
Liquidity
24-7short-term debt 52.0% · cash 0.0%
Profitability
81-8return on assets 10.0%

Score breakdown

raises risk
Liquidity: current ratio 1.83, cash €14, halved
2 establishment units
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €534,039
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 32% of them on solvency, 9% on liquidity, 42% on profitability and 19% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as Corellia has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Corellia itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for Corellia. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €14,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.83 (1.95 in 2024), above the usual 1.5. Short-term debt is 52% and cash 0% of total assets. However, 65.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.83, cash €14, halved
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €534,039
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2 establishment units
KBO · seat and establishments
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 30-04-2026, 0 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
11 days late
2022
31 days late
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 15 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 12 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end05-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

M
Director, Hugo Terelle, since 01-10-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0698764838
1 director appointed, 1 resignation Resignation: Tereile Hugo · Appointment: Mandalore Sri · Permanent representative: Hugo Terelle · General meeting of 01-10-2023 · Gazette deed
Reappointment: Hugo TERELLE (director) Legal-form conversion: to private limited company · General meeting of 29-12-2021 · Gazette deed
New establishment in Mons Avenue Melina Mercouri 9
All 15 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
Corellia Binche €534,039 €468,495 34.1% -
MCP SOFT CONNECT Seneffe €613,648 €522,933 53.5% -
Integri Beveren-Kruibeke-Zwijndrecht €549,114 €454,884 43.4% 5.2
Tektön Woluwe-Saint-Pierre €575,960 €464,675 42.9% 0
RENTECH Bilzen-Hoeselt €512,836 €449,389 29.3% -
Skills4you Kasterlee €476,291 €471,457 20.8% 6.9
SALTY LEMON ENTERTAINMENT Antwerp €611,010 €502,372 22.5% -

These companies have the same main activity as Corellia: computer programming (NACE 62100). They are comparable in size and age: total assets between €476,000 and €614,000, founded between 2017 and 2018.

Official details

Source: KBO
Status
Active since 25-06-2018Normal situation
Activity
Computer programmingNACE 62100and 4 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 30-09-2024
Establishment units
2.276.849.0297133 Binche, since 25-06-2018
2.324.351.1177000 Mons, since 01-12-2021
Financial year end
30 September
Peppol
Reachable since 23-12-2025
Company details

Annual accounts to 30-09-2025

Total assets
€534,039▼ 1.4%
Employeeson 30-09-2025
5=
Filing
Filed on 30-04-2026, on the last day of the filing period
Financials

Insights on Corellia

Corellia files the micro format. That format states no turnover. The gross margin rose from €138,753 in 2021 to €468,495 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Corellia

What is the company number of Corellia?
The company number of Corellia is 0698.764.838. The VAT number is the same number with BE in front: BE 0698.764.838.
Where is Corellia based?
The registered office is at Rue de Cent Pieds 47, 7133 Binche.Company details
What does Corellia do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Corellia?
Corellia is a private limited company (BV).
When was Corellia founded?
Corellia was founded on 25-06-2018.
Is Corellia still active?
Yes, Corellia is an active enterprise in the KBO register.
How many employees does Corellia have?
Corellia had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Corellia fall under?
In its 30-09-2024 annual accounts, Corellia states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of Corellia?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €468,495 and 155 comparable companies (NACE 62). It probably lies between €830,000 and €2.0m.
Is Corellia profitable?
In financial year 2025, Corellia made a profit of €53,148.
Where can I find the annual accounts of Corellia?
Corellia filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Corellia due?
Corellia must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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