Skip to content

CORESOFT

Active
Private limited company (pre-2019)founded 200025 yrs activeKompasplein 20, 9000 Gent, BelgiumKBO/BCE: BE 0473.517.277

CORESOFT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €869. Equity is shrinking by ~14.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 11% of 16974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
56 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+33
Solvency29=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.1 in 2024; short-term debt: 39.8% and cash: 0% of total assets), and 95.7% 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.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
4.3%
Return on assets
0.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 16974 sector peers (2025).
NBB · sector comparison
Position among 16974 sector peers
Solvency
better than 11%
← weakest strongest →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
19 d late
2023
12 d late
2022
21 d early
2021
16 d late
2019
16 d early
2018
57 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€10k▲ 9.3%
2024 · €9k
2018: €39k 2019: €39k 2021: €35k 2022: €31k 2023: €25k 2024: €9k
2018 → 2025
Total assets
€238k▼ 2.1%
2024 · €243k
2018: €189k 2019: €929k 2021: €160k 2022: €154k 2023: €183k 2024: €243k
2018 → 2025
Net result
€869
2024 · €-16k
2018: €-11k 2019: €197 2021: €-2k 2022: €-3k 2023: €-6k 2024: €-16k
2018 → 2025
Working capital
€-83k▼ 8.3%
2024 · €-76k
2018: €-6k 2019: €-6k 2021: €-9k 2022: €-15k 2023: €-54k 2024: €-76k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€35k-€31k▼ 9.4%€25k▼ 19.3%€9k▼ 63.2%€10k▲ 9.3%
Operating result€768-€-560€-4k▼ 551%€-11k▼ 207%€6k
Net result€-2k-€-3k▼ 59.9%€-6k▼ 86.7%€-16k▼ 164%€869
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2021: €768€768Net result 2021: €-2k€-2kOperating result 2022: €-560€-560Net result 2022: €-3k€-3kOperating result 2023: €-4k€-4kNet result 2023: €-6k€-6kOperating result 2024: €-11k€-11kNet result 2024: €-16k€-16kOperating result 2025: €6k€6kNet result 2025: €869€86920212022202320242025
The operating result returns to profit in 2025: €6k after a loss of €11k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets €226k▼ 3.6%
Current assets €12k▲ 40.6%
Equity and liabilities €238k
Equity €10k▲ 9.3%
Debt €227k▼ 2.5%
The debt ratio falls from 96.1% to 95.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€14k
2024 · €-4k
Cash flow
€9k
2024 · €-9k
Solvency
4.3%
2024 · 3.9%
Current ratio
0.13
2024 · 0.10
Quick ratio
0.13
2024 · 0.10
Debt / equity
22.24
2024 · 24.94
ROE
8.5%
2024 · -171.6%
ROA
0.4%
2024 · -6.6%
Interest coverage
2.86
2024 · -0.74
Debt
€227k
2024 · €233k
Debt ≤ 1 year
€95k
2024 · €85k
Debt > 1 year
€132k
2024 · €148k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€243k€238k
Fixed assets21/28€234k€226k
Tangible fixed assets22/27€234k€225k
Land and buildings22€234k€225k
Plant, machinery and equipment23€0-
Assets under construction and advance payments27€0-
Financial fixed assets28€496€496=
Current assets29/58€9k€12k
Amounts receivable within one year40/41€9k€12k
Other amounts receivable41€9k€12k
Cash at bank and in hand54/58€57€97
Equity and liabilities
Total equity and liabilities10/49€243k€238k
Equity10/15€9k€10k
Contributions10/11€19k€19k=
Reserves13€9k€9k=
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-19k€-18k
Amounts payable17/49€233k€227k
Amounts payable after more than one year17€148k€132k
Financial debts170/4€148k€132k
Amounts payable within one year42/48€85k€95k
Current portion of amounts payable after more than one year42€7k€12k
Financial debts43€202€0
Credit institutions430/8€202€0
Trade debts44€5k€4k
Suppliers440/4€5k€4k
Other amounts payable47/48€73k€79k
Accrued charges and deferred income492/3-€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k
Other operating charges640/8€1k€2k
Gross operating margin9900€-2k€16k
Operating profit (loss)9901€-11k€6k
Financial charges65/66B€5k€5k
Recurring financial charges65€5k€5k
Profit (loss) for the period before taxes9903€-16k€869
Transfer from deferred taxes780€0-
Profit (loss) for the period9904€-16k€869
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€-16k€869
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-18k
Profit (loss) brought forward from the previous period14P€-3k€-19k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €869
Net result €869 after 4 loss-making years.
19-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
12-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
10-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
16-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2020
15-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €197
Net result €197 after one loss-making year.
26-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
17-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 acts for this company are 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, Gent · 1 establishment unit since 2001
establishment The establishment unit on the map
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.

Kompasplein 209000 Gent
Ground area
813 m²
Building footprint
523 m²
Volume, LiDAR
772 m³
2 parcels, Flanders · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Visitatiestraat 160, 9040 Gent
NACE 7440103
since 20012.100.009.913
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44807G0760/04M000 Flanders 612 m² 1 · 436 m² 2.2 m
44061B0321/00M000 Flanders 202 m² 1 · 87 m² 15.9 m · 3 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

Of 29,996 companies in sector 62200 we hold annual accounts for 18,390. 9,614 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded14-12-2000
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
68201Renting and operating of own or leased residential real estate, excluding social housing
72220
73110Advertising agencies
74401
82100Office administrative and support services
82190Office administrative, office support and other business support activities
91011Libraries, archives, museums and other cultural activities
91110Libraries, archives, museums and other cultural activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.