Corendon Belgium

Active

Private limited companyfounded 1992active for 34 yearsVilvoordelaan 45, 1930 Zaventem, BelgiumKBO/BCE: BE 0446.301.255

Summary

Corendon Belgium has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of €17,148. Equity remains stable across the filed financial years (±1% per year). Its solvency ranks better than 79% of 2,804 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

Corendon BelgiumActiveChecked score 95/100

Risk analysis Report Compare

Activity

Office administrative and support services

NACE 82100

1 site

Size

€1.4mturnover 2025

Staff: 15.6 FTE
Equity: €4.1m
Profit: €17,148

Financial health

95 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Parent: Corendon Holding BV

Corendon HoldingDirector · permanent representative vAN dER HEIJDEN Steven Marcel

Auditor: BDO Bedrijfsrevisoren Burg. Vennootschap CVBA2025 accounts 62 days early5 of 17 deeds summarised

Why 95raises riskProfit of €17,148 (financial year 2025)lowers riskLiquidity: current ratio 4.13, cash €864,697, halvedFounded in 1992Equity €4.1m (76.9% of total assets)Show the evidence

Checked score

Score 2025

95 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 56% of its sector peers (NACE 82, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 76.9% of total assets

Liquidity 62-38

short-term debt 23.1% · cash 16.0%

Profitability 59-10

return on assets 0.3%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (1,121 companies, NACE 82, small)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value

Credit of up to €140,000 on 30-day terms is acceptable

Liquidity ample (current ratio 4.13, compared with 11.9 in 2024, above the usual 1.5; short-term debt: 23.1% and cash: 16% of total assets), and 23.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 82, small): better than 89% on solvency, 78% on liquidity, 44% on profitability and 13% on growth.

The bankruptcy probability was computed on 30-10-2026 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.

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

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 4.13, cash €864,697, halved

NBB · annual accounts

Founded in 1992

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €4.1m (76.9% of total assets)

NBB · annual accounts

Profit of €17,148 (financial year 2025)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 30-03-2026, 62 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

62 days early

2024

59 days early

2023

45 days early

2022

58 days early

2021

41 days early

2020

44 days late

2019

61 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 40 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today. The company usually files around 3 April (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-10-2026 year end31-10-2026 today31-05-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-03-2026 Annual accounts filedfinancial year 2025 · abbreviated…
23-02-2026 Permanent representative: Pieter De SmetGazette deed
05-08-2025 Permanent representatives: Erol Uslu and Simone…Gazette deed

Key points

Positive: Among the best 8% on equitysector median €199,909 · 2,805 companies €4.1m View
Positive: 8 profitable years in a rowprofit 2025: €17,148 8 years View
Controlled by Corendon Holding BV parent View
Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year: 2025
Turnover: €1.4m
Profit: €17,148
Solvency: 76.9%

Turnover▼ 75.0%

Net result

20182025

Go to Financials

Board & ownership

Board: 1 member
Parent: Corendon Holding BV
Auditor: BDO Bedrijfsrevisoren Burg. Vennootschap…

Corendon HoldingDirector

Go to Board & ownership

Timeline

Events: 44
Since: 1993
Next accounts: by 31-05-2027

02-04-2025Annual accounts filed
31-10-2024Weakest financial year
04-10-2024Permanent representatives: Erol Uslu, Günay Uslu and…

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Office administrative and support servicesNACE 82100
Founded: 13-01-1992
Year ends: 31-10
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 30

Annual meeting: Last Friday of March at 18:00
Purpose: “De vennootschap heeft tot voorwerp het verlenen van allerhande administratieve…” (deed in Dutch)

Go to Articles of association

Key facts about Corendon Belgium

What is the company number of Corendon Belgium?: 0446.301.255. In Belgium the VAT number is the company number with BE in front: BE 0446.301.255.
Where is Corendon Belgium based?: The registered office is at Vilvoordelaan 45, 1930 Zaventem.Company details
What does Corendon Belgium do?: According to the KBO register, the main activity is office administrative and support services (NACE 82100).
What is the legal form of Corendon Belgium?: Private limited company (BV).
When was Corendon Belgium founded?: On 13-01-1992.
Is Corendon Belgium still active?: Yes, Corendon Belgium is an active enterprise in the KBO register.
How many employees does Corendon Belgium have?: On average 15.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Corendon Belgium?: €1.4m in financial year 2025, according to the filed annual accounts.
Is Corendon Belgium profitable?: In financial year 2025, Corendon Belgium made a profit of €17,148.
Where can I find the annual accounts of Corendon Belgium?: Corendon Belgium filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Corendon Belgium due?: By 31-05-2027, for financial year 2026.Timeline