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COREOLIS

Active
Private limited companyfounded 2008active for 17 yearsAlbertkanaalstraat 139, 3511 Hasselt, BelgiumKBO/BCE: BE 0808.487.575
Summary

COREOLIS has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.4m and a net result of €1.2m. Equity is growing by about 11% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€7.6mtotal assets 2025
Equity
€6.4m
Profit
€1.2m
Turnover not published (abbreviated format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Largest shareholder
MAGNI · 50%
Holdings
1
Accounts 37 days early0 of 5 deeds read
Why 95raises riskLiquidity: current ratio 0.03, cash €32,717lowers riskSize: total assets €7.6mFigures for financial year 2025 (filed 24-06-2026)Equity €6.4m (83.5% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 59% of its sector peers (no NACE code, small)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 83.5% of total assets
Liquidity 47=
short-term debt 16.4% · cash 0.4%
Profitability 76+7
return on assets 15.6%
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).

Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.6%▲ +0.1 percentage points vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.1%▼ -0.6 percentage points 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 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €600,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.03, compared with 0.03 in 2024, below 1; short-term debt: 16.4% and cash: 0.4% of total assets), and 16.5% 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 (no NACE code, small): better than 82% on solvency, 35% on liquidity, 85% on profitability and 35% on growth.

The bankruptcy probability was computed on 20-10-2026 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
lowers risk · Size: total assets €7.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.03, cash €32,717
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 24-06-2026)
NBB · annual accounts
lowers risk · Equity €6.4m (83.5% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
35 days early
2023
35 days early
2022
55 days early
2021
40 days early
2020
45 days early
2019
63 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 44 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Financials · financial year 2025, abbreviated format

Equity
€6.4m▼ 0.9%
2024 · €6.4m
Total assets
€7.6m=
2024 · €7.6m
Net result
€1.2m▲ 22.2%
2024 · €973,614
Working capital
-€1.2m▼ 4.5%
2024 · -€1.2m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €2,243 in 2025 against €2,207 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.002m 2025 Net result€1.2m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.5m-€0.5m▼ 8.0%€0.4m▼ 10.7%€0.3m▼ 29.9%€0.3m▼ 0.2%-€0.007m-€0.002m▲ 69.6%-€0.002m▼ 1.6%
Net result€0.4m-€0.5m▲ 21.2%€0.5m▼ 3.0%€0.4m▼ 23.8%€0.6m▲ 55.3%€1.7m▲ 189%€1.0m▼ 44.0%€1.2m▲ 22.2%
Equity€2.9m-€3.3m▲ 14.7%€3.8m▲ 15.3%€4.2m▲ 10.1%€4.8m▲ 14.3%€6.1m▲ 25.7%€6.4m▲ 6.2%€6.4m▼ 0.9%
Total assets€7.8m-€7.7m▼ 1.2%€7.7m▼ 0.2%€7.7m▲ 0.5%€7.7m▼ 0.5%€7.7m=€7.6m▼ 0.3%€7.6m=
Debt€4.9m-€4.4m▼ 10.7%€3.8m▼ 12.0%€3.5m▼ 9.2%€2.8m▼ 18.5%€1.6m▼ 43.8%€1.2m▼ 24.8%€1.3m▲ 5.1%
Working capital-€4.7m--€4.3m▲ 9.0%-€3.8m▲ 11.9%-€3.4m▲ 10.3%-€2.8m▲ 17.8%-€1.5m▲ 44.5%-€1.2m▲ 24.3%-€1.2m▼ 4.5%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.6m
Fixed assets €7.6m =
Current assets €33,809 ▲ 1.5%
Equity and liabilities €7.6m
Equity €6.4m ▼ 0.9%
Debt €1.3m ▲ 5.1%
Debt's share of the balance-sheet total rises from 15.7% to 16.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.03▼
2024 · 0.03
Debt to equity
0.20▲
2024 · 0.19
ROE
18.7%▲
2024 · 15.1%
ROA
15.6%▲
2024 · 12.8%
Debt ≤ 1 year
€1.3m▲
2024 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€7.6m€7.6m=
Fixed assets21/28€7.6m€7.6m=
Financial fixed assets28€7.6m€7.6m=
Current assets29/58€0.03m€0.03m▲
Amounts receivable within one year40/41-€0.001m
Trade receivables40-€0.001m
Cash at bank and in hand54/58€0.03m€0.03m▼
Equity and liabilities
Total equity and liabilities10/49€7.6m€7.6m=
Equity10/15€6.4m€6.4m▼
Contributions10/11€0.02m€0.02m=
Reserves13€6.4m€6.4m▼
Distributable reserves133€6.4m€6.4m▼
Amounts payable17/49€1.2m€1.3m▲
Amounts payable within one year42/48€1.2m€1.3m▲
Trade debts44-€62
Suppliers440/4-€62
Other amounts payable47/48€1.2m€1.3m▲
Accrued charges and deferred income492/3-€0.008m
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▲
Gross operating margin9900-€0.001m-€0.001m▼
Operating profit (loss)9901-€0.002m-€0.002m▼
Financial income75/76B€1.0m€1.2m▲
Recurring financial income75€1.0m€1.2m▲
Financial charges65/66B€0.02m€0.008m▼
Recurring financial charges65€0.02m€0.008m▼
Profit (loss) for the period before taxes9903€1.0m€1.2m▲
Profit (loss) for the period9904€1.0m€1.2m▲
Profit (loss) for the period to be appropriated9905€1.0m€1.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.0m€1.2m▲
Transfer from equity791/2-€0.06m
Transfer to equity691/2€0.4m-
To other reserves6921€0.4m-
Profit to be distributed694/7€0.6m€1.3m▲
Return on contributions (dividend)694€0.6m€1.3m▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Other operating charges640/8---€0.001m€0.001m€0.001m€0.001m€0.001m▲ 3.0%
Gross operating margin9900€0.5m€0.5m€0.4m€0.3m€0.3m-€0.006m-€0.001m-€0.001m▼ 0.4%
Operating profit (loss)9901€0.5m€0.5m€0.4m€0.3m€0.3m-€0.007m-€0.002m-€0.002m▼ 1.6%
Financial income75/76B---€0.3m€0.5m€1.8m€1.0m€1.2m▲ 20.0%
Recurring financial income75€0.2m€0.3m€0.3m€0.3m€0.5m€1.8m€1.0m€1.2m▲ 20.0%
Financial charges65/66B---€0.1m€0.1m€0.07m€0.02m€0.008m▼ 65.2%
Recurring financial charges65€0.1m€0.1m€0.1m€0.1m€0.1m€0.07m€0.02m€0.008m▼ 65.2%
Profit (loss) for the period before taxes9903€0.5m€0.6m€0.6m€0.4m€0.7m€1.7m€1.0m€1.2m▲ 22.2%
Income taxes67/77€0.1m€0.1m€0.08m€0.04m€0.08m-€0.04m---
Profit (loss) for the period9904€0.4m€0.5m€0.5m€0.4m€0.6m€1.7m€1.0m€1.2m▲ 22.2%
Profit (loss) for the period to be appropriated9905€0.4m€0.5m€0.5m€0.4m€0.6m€1.7m€1.0m€1.2m▲ 22.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€7.8m€7.7m€7.7m€7.7m€7.7m€7.7m€7.6m€7.6m=
Fixed assets21/28€7.6m€7.6m€7.6m€7.6m€7.6m€7.6m€7.6m€7.6m=
Financial fixed assets28€7.6m€7.6m€7.6m€7.6m€7.6m€7.6m€7.6m€7.6m=
Current assets29/58€0.2m€0.08m€0.07m€0.1m€0.06m€0.06m€0.03m€0.03m▲ 1.5%
Amounts receivable within one year40/41€0.2m€0.04m€0.04m€0.07m€0.02m€0.04m-€0.001m-
Trade receivables40---€0.04m€0.001m--€0.001m-
Other amounts receivable41---€0.02m€0.02m€0.04m---
Cash at bank and in hand54/58€0.02m€0.04m€0.02m€0.04m€0.04m€0.02m€0.03m€0.03m▼ 1.8%
Equity and liabilities
Total equity and liabilities10/49€7.8m€7.7m€7.7m€7.7m€7.7m€7.7m€7.6m€7.6m=
Equity10/15€2.9m€3.3m€3.8m€4.2m€4.8m€6.1m€6.4m€6.4m▼ 0.9%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€2.9m€3.3m€3.8m€4.2m€4.8m€6.0m€6.4m€6.4m▼ 0.9%
Distributable reserves133---€4.2m€4.8m€6.0m€6.4m€6.4m▼ 0.9%
Amounts payable17/49€4.9m€4.4m€3.8m€3.5m€2.8m€1.6m€1.2m€1.3m▲ 5.1%
Amounts payable within one year42/48€4.9m€4.4m€3.8m€3.5m€2.8m€1.6m€1.2m€1.3m▲ 4.4%
Trade debts44€46-€41€42€44--€62-
Suppliers440/4---€42€44--€62-
Taxes, remuneration and social security45---€0.02m€0.07m----
Taxes450/3---€0.02m€0.07m----
Other amounts payable47/48---€3.5m€2.8m€1.6m€1.2m€1.3m▲ 4.4%
Accrued charges and deferred income492/3-------€0.008m-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.4m€0.5m€0.5m€0.4m€0.6m€1.7m€1.0m€1.2m▲ 22.2%
Operating cash flow (approximation)€0.4m€0.5m€0.5m€0.4m€0.6m€1.7m€1.0m€1.2m▲ 22.2%
Investment in fixed assets (approximation)-€0€0€0€0-€0.006m€0€0-
Change in cash-€0.02m-€0.02m€0.01m€0.007m-€0.02m€0.01m-€0.001m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 24-06-2026 2026-00191631
31-12-2024 abbreviated format 26-06-2025 2025-00184444
31-12-2023 abbreviated format 26-06-2024 2024-00170076
31-12-2022 abbreviated format 06-06-2023 2023-00111192
31-12-2021 abbreviated format 21-06-2022 2022-20080957
31-12-2020 abbreviated format 16-06-2021 2021-21000339
31-12-2019 abbreviated format 29-05-2020 2020-13400561
31-12-2018 abbreviated format 29-05-2019 2019-14700590
31-12-2017 abbreviated format 12-06-2018 2018-17300205
31-12-2016 abbreviated format 02-06-2017 2017-14200372

Show all 16 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 5 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

2 owners

Owners 2

According to the 2025 annual accounts of COREOLIS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of COREOLIS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 17 December 2008, COREOLIS was incorporated.1 Total assets went from €7.8m in 2018 to €7.6m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
24-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
26-06
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
26-06
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
31-12
Financial Highest result from 2018 to 2025net €1.7m ▲189%
Net result €1.7m, the highest in the series.
31-12
Financial Equity above €5mequity €6.1m ▲25.7%
A profit in every financial year since 2018 builds equity to €6.1m.
06-06
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
21-06
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
16-06
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
29-05
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
29-05
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
12-06
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
02-06
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
0 of 5 deeds read
About the unread acts

We know of 5 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded17-12-2008
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 20 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2008
registered office establishment The establishment unit on the map
Ground area
1.6 ha
Building footprint
7,420 m²
Building volume
47,948 m³
Parcel 71032A0017/00K002, Flanders · tallest building 10.7 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
COREOLIS BVBA
Albertkanaalstraat 139, 3511 HasseltActivities of holding companies
since 2008unit no. 2.175.949.530
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
71032A0017/00K002 Flanders 1.6 ha 1 · 7,420 m² 10.7 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.