CORENBO
ActiveThe computed 12-month bankruptcy probability of CORENBO is 4.8% (elevated). The 2024 annual accounts show equity of €22k and a net result of €-4k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 9982 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
63
/ 100
Healthy▲ +11 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency81▼-19
Growth52=
Stability100
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 3.78 in 2023), but 57.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2024Solvency, return and age of the figures
Solvency
42.4%
Return on assets
-7.2%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2021222324
2020 to 2024 · latest year -€4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
12 d late
2022
71 d late
2021
31 d late
2020
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€22k▼ 14.5%
2023 · €26k
2020: €17k
2021: €18k
2022: €31k
2023: €26k
2020 → 2024
Total assets
€53k▲ 48.4%
2023 · €35k
2020: €40k
2021: €34k
2022: €55k
2023: €35k
2020 → 2024
Net result
€-4k▲ 23.2%
2023 · €-5k
2020: €12k
2021: €1k
2022: €13k
2023: €-5k
2020 → 2024
Working capital
€22k▼ 14.6%
2023 · €26k
2020: €15k
2021: €17k
2022: €31k
2023: €26k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€18k▲ 6.9%€31k▲ 75.8%€26k▼ 15.9%€22k▼ 14.5%
Operating result€14k-€999▼ 92.8%€19k▲ 1,763%€-6k€-4k▲ 37.2%
Net result€12k-€1k▼ 90.2%€13k▲ 1,081%€-5k€-4k▲ 23.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €6k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €53k
Fixed assets
€150=
Current assets
€53k▲ 48.6%
Equity and liabilities €53k
Equity
€22k▼ 14.5%
Debt
€30k▲ 224%
The debt ratio rises from 26.4% to 57.6%: debt grows while equity shrinks.
Key figures and ratios
Solvency
42.4%▼
2023 · 73.6%
Current ratio
1.73▼
2023 · 3.78
Quick ratio
1.02▼
2023 · 3.78
Debt / equity
1.36▲
2023 · 0.36
ROE
-17.0%▲
2023 · -18.9%
ROA
-7.2%▲
2023 · -13.9%
Debt
€30k▲
2023 · €9k
Debt ≤ 1 year
€30k▲
2023 · €9k
Income taxes
€385▲
2023 · €247
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€35k€53k▲
Fixed assets21/28€150€150=
Financial fixed assets28€150€150=
Current assets29/58€35k€53k▲
Stocks and contracts in progress3-€21k
Contracts in progress37-€21k
Amounts receivable within one year40/41€23k€26k▲
Trade receivables40€2k€16k▲
Other amounts receivable41€21k€10k▼
Cash at bank and in hand54/58€12k€5k▼
Deferred charges and accrued income490/1-€156
Equity and liabilities
Total equity and liabilities10/49€35k€53k▲
Equity10/15€26k€22k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€21k€17k▼
Amounts payable17/49€9k€30k▲
Amounts payable within one year42/48€9k€30k▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Advances received on contracts in progress46-€25k
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€4k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€171-
Other operating charges640/8€1k€679▼
Gross operating margin9900€-4k€-3k▲
Operating profit (loss)9901€-6k€-4k▲
Financial income75/76B€1k€138▼
Recurring financial income75€1k€138▼
Financial charges65/66B€21€-32▼
Recurring financial charges65€21€-32▼
Profit (loss) for the period before taxes9903€-5k€-3k▲
Income taxes67/77€247€385▲
Profit (loss) for the period9904€-5k€-4k▲
Profit (loss) for the period to be appropriated9905€-5k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€17k▼
Profit (loss) brought forward from the previous period14P€26k€21k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
04-09
State Gazette act
General meeting · Registered-office moveGeneral meeting · Registered-office move2 facts ▸
State Gazette act
General meeting · Registered-office move
General meeting · Registered-office move2 facts ▸
- General meeting, 2026-07-01
- Registered-office move, Louizalaan 231, 1050 Elsene
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet €-5k ▼137%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Highest result since 2020net €13k ▲1081%
Operating result €19k, net result €13k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 2311050 ElseneGround area
9,201 m²
Building footprint
5,756 m²
Volume, LiDAR
130,454 m³
2 parcels, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
CORENBO
since 20192.290.856.720
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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, comparable size
TEO CONSTRUCT
BE 0799.670.473
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DJELNA
BE 0744.814.993
Merchtem · Eq €22k
N.J.S. SERVICES
BE 0829.482.632
Florennes · Eq €22k
FAY Consult
BE 0667.596.956
Sankt Vith · Eq €22k
IVB CONSTRUCT
BE 0783.705.857
Dilbeek · Eq €22k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,871. 11,665 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
47529Retail trade
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.