Equity
€10,221 from €95,953 in 2007
Equity fell by 89% in 18 years.
CORESOFT
Lifetime
19 annual accounts with figures on one time axis, 23 filings since 2002peak €52,235 (2006)
€15,947▲ €18,074
lowest -€16,048 (2024)
€869▲ €16,917
peak €95,953 (2007)
€10,221▲ 9.3%
€227,357▼ 2.5%
Board1 name since 2017
1 directorApache Management nv
Owners
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Gross margin from -€2,127 to €15,947Back to profit: €869Cash from €57 to €97
Key points
from the 2025 annual accountsDebts
€227,357 96% of the balance sheet
Financial debts 58%Suppliers 2%Other 40%
Of this, €94,626 falls due within a year.
Securities
€140,000
Mortgages, new in 2025. 13.7 times equity · not in the 2024 accounts.
Filings
23 annual accounts since 2002
Five of the last ten came late. The 2018 accounts came latest: 57 days after the end of the period.
At the same address
19 companies
Position in the sector
4.3%
Lower solvency than 89% of companies in computer programming and consultancy. Sector median 60.0% · 21,193 companies.
Checked score
82
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
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,925 companies (NACE 62, micro).
About 3 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 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025lowest value
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025highest value
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.4%▼ -0.1 percentage points vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▼ -0.2 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.13, cash €97
Equity €10,221 (4.3% of total assets)
lowers risk
Size: total assets €237,578
Sector: Computer programming, consultancy and related activities (NACE 62)
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 12% of them on solvency, 12% on liquidity, 19% on profitability and 56% on growth.
The bankruptcy probability was computed on 06-11-2026 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 31-12-2025.
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, 1,083 companies had the same profile as CORESOFT has now. Each dot stands for 3 companies, two years later.
96.9%
were still trading
2.2%
stopped another way
0.8%
went bankrupt
That fits the bankruptcy probability of CORESOFT itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 1,083 companies, not a prediction for CORESOFT. 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 €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.13 (0.1 in 2024), below 1. Short-term debt is 39.8% and cash 0% of total assets. 95.7% 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
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 21193 sector peers (2025).
NBB · sector comparisonPosition among 21193 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 filingsDeviation from the deadline
2025
23 days early
2024
19 days late
2023
12 days late
2022
21 days early
2021
16 days late
2019
16 days early
2018
57 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 August (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Apache Management 100%score 53equity €6.7m (2024) · 2024 annual accounts of Apache Management
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0473517277
Permanent representative: Jan Van den Berghe
Board meeting of 24-11-2020 · Gazette deed
Registered office moved from Sint-Lievens-Houtem to Ghent
New registered office: FAAR Nieuwe Dokken, Appartement.13.01, Schipperskaai, 9000 Gent · Previous registered office: Wettersesteenweg 104, 9520 Sint-Lievens-Houtem · Board meeting of 23-10-2020 · Gazette deed
First establishment
Visitatiestraat 160, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CORESOFT Ghent | €237,578 | €15,947 | 4.3% | - |
| Interact - yves Beveren-Kruibeke-Zwijndrecht | €189,003 | €16,042 | 85.4% | - |
| ATLAZ WEBSERVICES Merelbeke-Melle | €231,569 | €19,886 | 27.3% | 0.7 |
| XOLUTION Nazareth-De Pinte | €178,850 | €12,644 | 31.7% | - |
| AVALANCHE Grimbergen | €212,852 | €17,081 | 67.5% | - |
| EASE Herselt | €210,324 | €18,601 | 90.6% | - |
| INEACS Berchem-Sainte-Agathe | €260,107 | €15,090 | 74.8% | - |
These companies have the same main activity as CORESOFT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €179,000 and €260,000, founded between 2000 and 2005.
Official details
Source: KBO- Status
- Active since 14-12-2000Normal situation
- Registered office
- 20 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 7 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 4 others
- Establishment unit
- 2.100.009.9139040 Ghent, since 10-01-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- ≈ €85,000estimated
- €237,578▼ 2.1%
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on CORESOFT
CORESOFT files the micro format. That format states no turnover. The gross margin fell from €52,235 in 2006 to €15,947 in 2025.
Apache Management holds all the shares.
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 CORESOFT
- What is the company number of CORESOFT?
- The company number of CORESOFT is 0473.517.277. The VAT number is the same number with BE in front: BE 0473.517.277.
- Where is CORESOFT based?
- The registered office is at Kompasplein 20, 9000 Ghent.Company details
- What does CORESOFT do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of CORESOFT?
- CORESOFT is a private limited company (pre-2019) (BVBA).
- When was CORESOFT founded?
- CORESOFT was founded on 14-12-2000.
- Is CORESOFT still active?
- Yes, CORESOFT is an active enterprise in the KBO register.
- What is the turnover of CORESOFT?
- The turnover in financial year 2025 is ≈ €85,000. This figure is estimated from the gross margin of €15,947 and 73 comparable companies (NACE 62200). It probably lies between €41,000 and €170,000. It is a rough estimate.Financials
- Is CORESOFT profitable?
- In financial year 2025, CORESOFT made a profit of €869.
- Where can I find the annual accounts of CORESOFT?
- CORESOFT filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CORESOFT due?
- CORESOFT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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