Active BE 0802.832.574Public limited company

CORETEC PROJECTS

Rue de la Chaudronnerie 14 ·4340 Awans, Belgium· 3 yrs active

Sector: Engineering activities (71121)

Conclusion Checked

The computed 12-month bankruptcy probability of CORETEC PROJECTS is 0.7% (low). The 2024 annual accounts show equity of €96k and a net result of €-4k. Its solvency ranks better than 95% of 3380 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€96k
Net result	€-4k
Better than sector	95%
Active	3 yrs

Snowflake analysis 3 of 5 axes measured · computed by Checked

60 / 100

This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.

Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 0

Solvency 100

Growth -

Stability 79

Bankruptcy probability (12 mo) Checked model v1 · free

0.7% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2023, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No administrative flags

Health barometer

No health score: the filing is too brief

The accounts filed for FY 2024 supply 2 of the 6 factors this model weighs. Below 3 we publish no score, because it would mostly describe the model rather than this company.

This is not a judgement about the company. Micro and abbreviated schemas may omit turnover (rubriek 70), which makes the EBITDA margin and often the interest coverage impossible to compute.

Financial overview1 NBB filings

Annual accounts filed on 29-07-2025 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 71, Architecture & engineering · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	100.0%	55.1%	better than 95% of 3380 sector peers
Net result	€-4k	€19k	better than 12% of 3380 sector peers
Equity	€96k	€45k	better than 77% of 3382 sector peers
Gross operating margin	€-2k	€38k	better than 8% of 3377 sector peers
Total assets	€96k	€95k	better than 51% of 3381 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	-
Net profit	€-4k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€96k
Equity	€96k
Debt	€0
of which ≤ 1y	€0
of which > 1y	-
Working capital	€96k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	-
Quick ratio	-
Working capital ratio	100.0%
Solvency	100.0%
Debt / equity	0.00
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-3.6%
ROE	-3.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	0d
Inventory turnover	-
Days inventory (DSI)	-

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€96k
Current assets	29/58	€96k
Amounts receivable within one year	40/41	€50k
Cash & bank	54/58	€46k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€96k
Equity	10/15	€96k
Contributions / capital	10/11	€100k
Accumulated profits (losses)	14	€-4k
Amounts payable	17/49	€0
Amounts payable within one year	42/48	€0
Trade debts payable within one year	44	€0
Income statement
Gross operating margin	9900	€-2k
Operating result	9901	€-3k
Financial charges	65	€502
Result before taxes	9903	€-4k
Net result for the period	9904	€-4k
Result to be appropriated	9905	€-4k

Ratios computed by Checked.

Legal Structure

NACE primary	Engineering activities(71121)
Legal form	Public limited company(014)
Incorporation	16-06-2023
Status	Active
Postal code	4340

Establishment units 1 location

Coretec Solar

Rue des Gardes-frontière 1, 4031 LiègeInstallatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

since 20232.358.684.266

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62002C0005/00H006	Wallonia	4,883 m²	1 · 747 m²	8.6 m · 2 fl.
62006B0355/00G000	Wallonia	4,223 m²	1 · 1,337 m²	7.8 m · 2 fl.

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.

Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

29-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

22-07-2025

State Gazette act Director changes

14-03-2025

State Gazette act Director changes

Belgisch Staatsblad, acts 2 acts

All acts · 2 updated 1 year ago

2025

22-07-2025 Samuel Rahier appointed as statutory auditor Director changes

Samuel Rahier, Commissaris

Original publication ↗

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14-03-2025 3 directors appointed, 2 resigning Director changes

Sébastien Ugona, Bestuurder
Denis Quetin, Bestuurder
Lecompte Jan, Bestuurder
Sébastien Ryhon, Bestuurder
Frédéric Dardenne, Directeur

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

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Company registry (CBE) Crossroads Bank

Activities

Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Activiteiten van industriële designers74102Activiteiten van industriële designers74112

Primary activity highlighted.

Names & trade names

Legal nameFR

CORETEC PROJECTS

Registered office

Rue de la Chaudronnerie 14

4340 Awans, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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