Equity
Equity fell by 89% in 18 years.
Equity fell by 89% in 18 years.
Of this, €94,626 falls due within a year.
Mortgages, new in 2025. 13.7 times equity · not in the 2024 accounts.
Five of the last ten came late. The 2018 accounts came latest: 57 days after the end of the period.
Lower solvency than 89% of companies in computer programming and consultancy. Sector median 60.0% · 21,193 companies.
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).
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).
In July 2024, 1,083 companies had the same profile as CORESOFT has now. Each dot stands for 3 companies, two years later.
That fits the bankruptcy probability of CORESOFT itself: 0.3% within 12 months.
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.
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.
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.
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.
| 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.
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.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €85,000. Estimated: probably between €41,000 and €170,000.
Higher than 11% of 21,193 companies in 2025.
Lower than 95% of 20,556 companies in 2025.
Higher than 18% of 20,731 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
237,578 | 242,598 | 182,685 | 154,478 | 159,569 | 928,711 | 189,434 | 283,586 | 199,053 | 209,720 | 219,034 | 229,674 | 275,320 | 269,023 | 280,112 | 319,087 | 357,237 | 315,663 | 331,656 | |
21/28 |
225,537 | 234,032 | 178,352 | 151,689 | 156,827 | 167,103 | 172,241 | 177,378 | 182,516 | 188,673 | 194,963 | 193,836 | 199,761 | 205,959 | 212,953 | 228,043 | 244,789 | 268,297 | 257,727 | |
22/27 |
225,041 | 233,536 | 177,856 | 151,194 | 156,331 | 166,607 | 171,745 | 176,883 | 182,020 | 188,177 | 194,467 | 193,341 | 199,266 | 205,463 | 212,352 | 227,442 | 244,188 | 267,696 | 257,126 | |
22 |
225,041 | 233,536 | 146,056 | 150,750 | 155,444 | 164,832 | 169,526 | 174,219 | 178,913 | 183,607 | 188,301 | 192,995 | 197,689 | 202,383 | 207,077 | 211,771 | 216,465 | 221,112 | 225,759 | |
23 |
- | 0 | 0 | 444 | 888 | 1,775 | 2,219 | 2,663 | 3,107 | 4,570 | 6,165 | 264 | 1,415 | 2,838 | 4,952 | 7,107 | 10,312 | 15,440 | 14,183 | |
24 |
- | - | - | - | - | - | - | - | - | - | - | 81 | 162 | 242 | 323 | 8,564 | 17,412 | 31,144 | 17,184 | |
27 |
- | 0 | 31,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
496 | 496 | 496 | 496 | 496 | 496 | 496 | 496 | 496 | 496 | 496 | 496 | 496 | 496 | 601 | 601 | 601 | 601 | 601 | |
29/58 |
12,041 | 8,566 | 4,333 | 2,789 | 2,742 | 761,609 | 17,193 | 106,208 | 16,537 | 21,047 | 24,071 | 35,837 | 75,559 | 63,063 | 67,158 | 91,044 | 112,448 | 47,366 | 73,929 | |
40/41 |
11,944 | 8,509 | 3,309 | 809 | 809 | 759,980 | 15,000 | 15,000 | - | 1,000 | - | - | 22,607 | 6,050 | 1,055 | 14,831 | 22,724 | 39,902 | 51,839 | |
40 |
- | - | - | - | - | 759,980 | 15,000 | 15,000 | - | 1,000 | - | - | 22,451 | 6,050 | - | 5,826 | 1,096 | 28,402 | 51,839 | |
41 |
11,944 | 8,509 | 3,309 | 809 | 809 | - | - | - | - | - | - | - | 156 | - | 1,055 | 9,005 | 21,628 | 11,500 | - | |
54/58 |
97 | 57 | 1,024 | 1,980 | 1,932 | 1,629 | 1,990 | 91,196 | 2,881 | 2,564 | 2,340 | 9,414 | 7,086 | 1,383 | 1,503 | 2,392 | 6,052 | 7,464 | 22,090 | |
490/1 |
- | - | - | - | - | - | 203 | 12 | 13,656 | 17,483 | 21,731 | 26,423 | 45,866 | 55,631 | 64,600 | 73,821 | 83,672 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
237,578 | 242,598 | 182,685 | 154,478 | 159,569 | 928,711 | 189,434 | 283,586 | 199,053 | 209,720 | 219,034 | 229,674 | 275,320 | 269,023 | 280,112 | 319,087 | 357,237 | 315,663 | 331,656 | |
10/15 |
10,221 | 9,352 | 25,400 | 31,483 | 34,742 | 39,210 | 38,973 | 50,052 | 42,777 | 47,286 | 53,192 | 61,029 | 70,312 | 49,700 | 52,326 | 59,711 | 81,142 | 95,953 | 93,062 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
9,311 | 9,311 | 9,311 | 9,474 | 9,636 | 9,961 | 10,074 | 10,226 | 2,952 | 3,710 | 4,469 | 5,228 | 5,228 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 16,584 | |
130/1 |
1,951 | 1,951 | 1,951 | 1,951 | 1,951 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | |
1311 |
- | - | 0 | 1,951 | 1,951 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
1,951 | 1,951 | 1,951 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | 0 | 162 | 325 | 650 | 763 | 915 | 1,001 | 1,759 | 2,518 | 3,277 | 3,277 | - | - | - | - | - | - | |
133 |
7,360 | 7,360 | 7,360 | 7,360 | 7,360 | 7,360 | 7,360 | 7,360 | - | - | - | - | - | - | - | - | - | - | 14,633 | |
14 |
-17,690 | -18,559 | -2,511 | 3,409 | 6,506 | 10,649 | 10,299 | 21,225 | 21,225 | 24,976 | 30,123 | 37,201 | 46,484 | 29,149 | 31,775 | 39,160 | 60,591 | 75,402 | 57,878 | |
16 |
- | - | 0 | 54 | 108 | 217 | 320 | 384 | 515 | 906 | 1,297 | 1,687 | 1,687 | - | - | - | - | - | - | |
168 |
- | - | 0 | 54 | 108 | 217 | 320 | 384 | 515 | 906 | 1,297 | 1,687 | 1,687 | - | - | - | - | - | - | |
17/49 |
227,357 | 233,246 | 157,285 | 122,941 | 124,719 | 889,285 | 150,141 | 233,151 | 155,761 | 161,528 | 164,545 | 166,957 | 203,321 | 219,322 | 227,786 | 259,376 | 276,095 | 219,710 | 238,594 | |
17 |
131,587 | 148,414 | 98,513 | 104,917 | 111,179 | 119,812 | 125,743 | 199,914 | 90,509 | 105,806 | 121,103 | 136,400 | 163,938 | 180,470 | 197,588 | 221,161 | 244,734 | 169,258 | 190,631 | |
170/4 |
131,587 | 148,414 | 98,513 | 104,917 | 111,179 | 119,812 | 125,743 | 199,914 | 90,509 | 105,806 | 121,103 | 136,400 | 163,938 | 180,470 | 197,588 | 221,161 | 244,734 | 169,258 | 190,631 | |
42/48 |
94,626 | 84,832 | 58,772 | 17,469 | 11,487 | 767,782 | 23,300 | 31,478 | 62,902 | 54,222 | 41,092 | 27,357 | 37,848 | 35,664 | 28,509 | 36,523 | 29,627 | 50,452 | 47,963 | |
42 |
11,888 | 6,550 | 6,404 | 6,262 | 6,123 | 5,931 | 6,276 | 18,521 | 15,297 | 15,297 | 15,297 | 15,297 | 16,532 | 17,118 | 23,573 | 24,971 | 23,573 | 6,084 | 10,796 | |
43 |
0 | 202 | - | - | - | - | - | - | - | - | - | - | 2,312 | 1,176 | - | 2,531 | - | 1,250 | 1,250 | |
430/8 |
0 | 202 | - | - | - | - | - | - | - | - | - | - | 2,312 | 1,176 | - | 2,531 | - | 1,250 | 1,250 | |
44 |
3,992 | 5,420 | 442 | 1,321 | - | 746,294 | - | - | - | - | 828 | 645 | 7,265 | 2,907 | 3,738 | 3,499 | 1,526 | 13,355 | 18,472 | |
440/4 |
3,992 | 5,420 | 442 | 1,321 | - | 746,294 | - | - | - | - | 828 | 645 | 7,265 | 2,907 | 3,738 | 3,499 | 1,526 | 13,355 | 18,472 | |
45 |
- | - | - | - | - | - | - | 736 | - | - | 5 | 123 | 4,370 | 955 | 1,091 | 5,314 | 4,422 | 8,929 | 4,945 | |
450/3 |
- | - | - | - | - | - | - | 736 | - | - | 5 | 123 | 4,370 | 955 | 1,091 | 5,314 | 3,422 | 8,929 | 4,945 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 | - | - | |
47/48 |
78,747 | 72,660 | 51,926 | 9,885 | 5,364 | 15,557 | 17,023 | 12,221 | 47,605 | 38,925 | 24,961 | 11,291 | 7,369 | 13,507 | 106 | 207 | 106 | 20,834 | 12,500 | |
492/3 |
1,143 | - | 0 | 556 | 2,053 | 1,690 | 1,098 | 1,758 | 2,350 | 1,500 | 2,350 | 3,200 | 1,535 | 3,189 | 1,689 | 1,692 | 1,734 | - | - | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 104,211 | 111,436 | - | - | |
76A |
- | - | - | - | - | - | - | - | - | 3,000 | - | - | - | - | - | - | - | - | 5,495 | |
9900 |
15,947 | -2,127 | 3,461 | 5,786 | 7,740 | 9,534 | 1,073 | 19,250 | 6,311 | 2,578 | 4,405 | 5,251 | 42,348 | 16,828 | 21,245 | 25,773 | 23,944 | 49,788 | 52,235 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 88,496 | 97,935 | - | - | |
630 |
8,495 | 7,542 | 5,138 | 5,138 | 5,138 | 5,138 | 5,138 | 5,138 | 6,157 | 6,289 | 6,370 | 5,925 | 6,198 | 7,550 | 16,312 | 16,746 | 24,499 | 25,395 | 16,694 | |
640/8 |
1,543 | 1,497 | 1,965 | 1,208 | 1,834 | 1,277 | 1,131 | 1,561 | 1,100 | 1,674 | 1,200 | 1,092 | 1,281 | 2,626 | 2,598 | 2,673 | 2,828 | 638 | 104 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 50 | - | - | - | 4,561 | 6,222 | |
9901 |
5,909 | -11,165 | -3,642 | -560 | 768 | 3,119 | -5,196 | 12,551 | -947 | -5,386 | -3,165 | -1,766 | 34,870 | 6,652 | 2,335 | 6,353 | -3,383 | 23,755 | 35,437 | |
75/76B |
- | - | - | - | - | - | - | 1,188 | - | 466 | - | 4 | 4 | 51 | 2 | 5 | 37 | - | 59 | |
75 |
- | - | - | - | - | - | - | 1,188 | - | 466 | - | 4 | 4 | 51 | 2 | 5 | 37 | - | 59 | |
65/66B |
5,040 | 4,882 | 2,496 | 2,753 | 2,860 | 2,986 | 5,947 | 5,859 | 3,953 | 4,376 | 5,062 | 7,520 | 8,205 | 9,278 | 9,723 | 10,789 | 10,951 | 12,285 | 10,777 | |
65 |
5,040 | 4,882 | 2,496 | 2,753 | 2,860 | 2,986 | 5,947 | 5,859 | 3,953 | 4,376 | 5,062 | 7,520 | 8,205 | 9,278 | 9,723 | 10,789 | 10,951 | 12,285 | 10,777 | |
9903 |
869 | -16,048 | -6,137 | -3,313 | -2,092 | 133 | -11,143 | 7,880 | -4,900 | -6,297 | -8,228 | -9,283 | 26,669 | -2,625 | -7,386 | -4,431 | -14,297 | 6,909 | 23,992 | |
780 |
- | 0 | 54 | 54 | 54 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
- | - | - | - | - | - | - | 736 | - | 0 | - | - | 4,370 | - | - | -0 | 515 | 2,631 | 6,198 | |
9904 |
869 | -16,048 | -6,083 | -3,259 | -2,038 | 197 | -11,078 | 7,217 | -4,509 | -5,906 | -7,837 | -9,283 | 20,612 | -2,625 | -7,386 | -4,430 | -14,811 | 4,278 | 17,794 | |
789 |
- | 0 | 162 | 162 | 162 | 153 | 153 | 143 | 759 | 759 | 759 | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,277 | - | - | - | - | - | - | |
9905 |
869 | -16,048 | -5,921 | -3,096 | -1,876 | 350 | -10,926 | 7,360 | -3,750 | -5,147 | -7,078 | -9,283 | 17,335 | -2,625 | -7,386 | -4,430 | -14,811 | 4,278 | 17,794 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-17,690 | -18,559 | -2,511 | 3,409 | 6,506 | 10,649 | 10,299 | 28,586 | 21,225 | 24,976 | 30,123 | 37,201 | 46,484 | 29,149 | 31,775 | 56,160 | 60,591 | 62,156 | 57,878 | |
14P |
-18,559 | -2,511 | 3,409 | 6,506 | 8,381 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,246 | - | |
691/2 |
- | - | - | - | - | - | - | 7,360 | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | 7,360 | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17,000 | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17,000 | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 08-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-07-2026 | 2026-00271274 | |
| 31-12-2024 | micro format | 19-08-2025 | 2025-00384260 | |
| 31-12-2023 | micro format | 12-08-2024 | 2024-00351021 | |
| 31-12-2022 | micro format | 10-07-2023 | 2023-00238228 | |
| 31-12-2021 | micro format | 16-08-2022 | 2022-20307742 | |
| 31-12-2019 | micro format | 15-07-2020 | 2020-31500091 | |
| 31-12-2018 | micro format | 26-09-2019 | 2019-68000196 | |
| 31-12-2017 | micro format | 24-07-2018 | 2018-36800226 | |
| 31-12-2016 | micro format | 28-07-2017 | 2017-37300450 | |
| 31-12-2015 | abbreviated format | 17-08-2016 | 2016-43100453 | |
| 31-12-2014 | abbreviated format | 28-08-2015 | 2015-50000557 | |
| 31-12-2013 | abbreviated format | 30-08-2014 | 2014-55800058 | |
| 31-12-2012 | abbreviated format | 28-08-2013 | 2013-49700128 | |
| 31-12-2011 | abbreviated format | 24-08-2012 | 2012-46900173 | |
| 31-12-2010 | abbreviated format | 23-08-2011 | 2011-42800279 | |
| 31-12-2009 | abbreviated format | 27-08-2010 | 2010-46900326 | |
| 31-12-2008 | abbreviated format | 31-08-2009 | 2009-73100349 | |
| 31-12-2007 | abbreviated format | 18-01-2009 | 2009-01900299 | |
| 31-12-2006 | abbreviated format | 31-08-2007 | 2007-71200323 | |
| 31-12-2005 | abbreviated format | 30-08-2006 | 2006-74800640 | |
| 31-12-2004 | abbreviated format | 29-09-2005 | 2005-76404199 | |
| 31-12-2003 | abbreviated format | 28-12-2004 | 2004-88703494 | |
| 31-12-2002 | abbreviated format | 02-10-2003 | 2003-72301793 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 14,404 | -3,623 | 1,496 | 4,578 | 5,906 | 8,257 | -58 | 17,689 | 5,211 | 903 | 3,205 | 4,159 | 41,067 | 14,202 | 18,647 | 23,099 | 21,116 | 49,150 | 52,131 | ||
| 9,364 | -8,506 | -945 | 1,879 | 3,100 | 5,335 | -5,941 | 12,355 | 1,648 | 383 | -1,467 | -3,358 | 26,809 | 4,925 | 8,926 | 12,316 | 9,688 | 29,673 | 34,488 | ||
| 0 | 63,222 | 31,800 | 0 | - | 0 | 0 | 0 | 0 | 0 | 7,496 | 0 | 0 | 661 | 1,222 | 0 | 991 | 33,778 | 18,631 | ||
| 40 | -967 | -956 | 47 | - | -361 | -89,206 | 88,315 | 317 | 224 | -7,075 | 2,328 | 5,703 | -121 | -889 | -3,660 | -1,412 | -14,626 | - | ||
| -82,585 | -76,265 | -54,439 | -14,680 | -8,745 | -6,174 | -6,106 | 74,730 | -46,365 | -33,175 | -17,021 | 8,480 | 37,711 | 27,400 | 38,650 | 54,521 | 82,820 | -3,086 | 25,966 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.1% | -3.0% | - | - | ||
| 4.3% | 3.9% | 13.9% | 20.4% | 21.8% | 4.2% | 20.6% | 17.6% | 21.5% | 22.5% | 24.3% | 26.6% | 25.5% | 18.5% | 18.7% | 18.7% | 22.7% | 30.4% | 28.1% | ||
| 0.13 | 0.10 | 0.07 | 0.16 | 0.24 | 0.99 | 0.74 | 3.37 | 0.26 | 0.39 | 0.59 | 1.31 | 2.00 | 1.77 | 2.36 | 2.49 | 3.80 | 0.94 | 1.54 | ||
| 22.24 | 24.94 | 6.19 | 3.91 | 3.59 | 22.68 | 3.85 | 4.66 | 3.64 | 3.42 | 3.09 | 2.74 | 2.89 | 4.41 | 4.35 | 4.34 | 3.40 | 2.29 | 2.56 | ||
| 8.5% | -171.6% | -23.9% | -10.4% | -5.9% | 0.5% | -28.4% | 14.4% | -10.5% | -12.5% | -14.7% | -15.2% | 29.3% | -5.3% | -14.1% | -7.4% | -18.3% | 4.5% | 19.1% | ||
| 0.4% | -6.6% | -3.3% | -2.1% | -1.3% | 0.0% | -5.8% | 2.5% | -2.3% | -2.8% | -3.6% | -4.0% | 7.5% | -1.0% | -2.6% | -1.4% | -4.1% | 1.4% | 5.4% | ||
| 2.86 | -0.74 | 0.60 | 1.66 | 2.06 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 20 days | 4 days | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14 days | 6 days | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €140,000 | - | - | - | - |
| - | €140,000 | €140,000 | - | - | |
| Carrying value of the mortgaged assets | €140,241 | €148,736 | €93,056 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €63,222 | €31,800 | - | - |
| Financial fixed assets | €0 | - | - | - | - |
| €8,495 | €7,542 | €5,138 | €5,138 | €5,138 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €5,909, after a loss of €11,165 in 2024. It is the highest result since 2017.
Debt's share of the balance-sheet total falls from 96.1% to 95.7%. Equity is higher and debt is lower.
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 2024 accounts of Apache Management. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.
| Apache Management
registered office since 18-09-2000 · founded in 2000 · accounts filed late |
total assets €14.1m (2024) 0471.954.983 |
| DuCoop
establishment since 23-09-2014 · founded in 2014 |
1.9 FTE (2025) 0562.869.422 |
| KOMPLEET KOMFORT
registered office since 14-02-1996 · founded in 1996 · accounts filed late |
total assets €1.0m (2024) 0457.074.094 |
| LLCUIGNI
registered office since 11-07-2023 · founded in 2023 |
total assets €578,953 (2025) 0803.844.542 |
| SUSTAINABLE URBAN DEVELOPMENT
registered office since 01-01-2009 · founded in 2008 |
total assets €465,228 (2025) 0808.023.658 |
| ALESI
registered office since 18-01-2024 · founded in 2024 |
total assets €334,811 (2025) 1004.870.015 |
| MOTRE
registered office since 01-04-2023 · founded in 2023 |
total assets €154,120 (2025) 0800.084.110 |
| MOKA GROUP
establishment since 01-10-2022 · founded in 2017 |
total assets €125,307 (2025) 0679.514.494 |
| PSYCHOLOGIE KNOCKAERT VERONIEK
registered office since 21-05-2024 · founded in 2024 |
total assets €88,259 (2025) 1009.515.127 |
| 22nd
registered office since 30-11-2023 · founded in 2023 |
total assets €81,797 (2025) 1002.855.581 |
The network starts from the directors of CORESOFT. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kompasplein 20 registered office 9000 Ghent | ||
| Visitatiestraat 160 9040 Ghent 68201 Renting and operating of own or leased residential real estate, excluding social housing | 10-01-2001 | 2.100.009.913 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44807G0760/04M000 | 612 m² | 1 · 436 m² | 2.2 m |
| 44061B0321/00M000 | 202 m² | 1 · 87 m² | 15.9 m · 3 |
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