Turnover
≈ €210,000 estimated
The micro format states no turnover.
CoreWave
Overview
Lifetime
1 annual account with figurespeak €139,230 (2025)
€139,230
peak €107,099 (2025)
€107,099
peak €108,099 (2025)
€108,099
€50,844
Board2 names since 2024
2 directorsDavy De Man and 1 other
Documentsfilings and deeds
03-06-202658 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€1,000 100 shares
Position in the sector
€107,099
Higher net result than 94% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.
Checked score
96
Excellent
Financially stronger than 71% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 0.4%
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026highest value
07-2026: < 0.1%▼ -0.4 percentage points vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 3.10, cash €144,944
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €158,943
Equity €108,099 (68.0% of total assets)
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 61% of them on solvency, 71% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 09-11-2026 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, 11,279 companies had the same profile as CoreWave has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of CoreWave itself: < 0.1% 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 11,279 companies, not a prediction for CoreWave. 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 €10,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.1, above the usual 1.5. Short-term debt is 32% and cash 91.2% of total assets. 32% 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 · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 03-06-2026, 58 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
58 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- DE MAN Davy founderdeed of 16-12-2024
- KERREMANS Steve Frans Jeannine founderdeed of 16-12-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017327585
Incorporation
Founding capital of €1,000, 100 shares · Founders: DE MAN Davy and KERREMANS Steve Frans Jeannine · Appointments: DE MAN Davy (director) and KERREMANS Steve Frans Jeannine (successor director) · published on 16-12-2024 · Gazette deed
First establishment
Weertstraat 59, Bornem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CoreWave Bornem | €158,943 | €139,230 | 68.0% | - |
| Transceive Bornem | €164,207 | €146,265 | 68.4% | - |
| Erebor Ventures Antwerp | €171,584 | €130,092 | 78.8% | - |
| SPC Consulting Antwerp | €167,972 | €153,430 | 74.7% | - |
| BBS XPERTISE Willebroek | €141,799 | €141,469 | 77.5% | - |
| HELAL Antwerp | €150,998 | €160,776 | 86.8% | - |
| ENHANCED LOGIC AND INNOVATIVE SOLUTIONS Brussels | €149,665 | €134,104 | 69.1% | - |
These companies have the same main activity as CoreWave: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €142,000 and €172,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 12-12-2024Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 4 others
- Establishment unit
- 2.367.291.1362880 Bornem, since 12-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- €139,230
- €107,099
- €108,099
- €158,943
- Filing
- Filed on 03-06-2026, 58 days before the end of the filing period
Insights on CoreWave
CoreWave has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108,099 and a net result of €107,099.
Its solvency ranks better than 59% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 03-06-2026, 58 days before the deadline€139,230
€137,490
€107,099
€106,870
68.0%
3.10
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 ≈ €210,000. Estimated: probably between €190,000 and €270,000.
Balance sheet
balance sheet total €158,943 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
68.0%
Higher than 59% of 21,208 companies in 2025.
3.10
Higher than 59% of 20,571 companies in 2025.
67.4%
Higher than 94% of 20,746 companies in 2025.
CoreWave
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
158,943 | |
21/28 |
1,229 | |
22/27 |
1,229 | |
23 |
1,229 | |
29/58 |
157,714 | |
40/41 |
12,770 | |
40 |
12,770 | |
54/58 |
144,944 | |
| Balance sheet: equity and liabilities | ||
10/49 |
158,943 | |
10/15 |
108,099 | |
10/11 |
1,000 | |
14 |
107,099 | |
17/49 |
50,844 | |
42/48 |
50,844 | |
44 |
111 | |
440/4 |
111 | |
45 |
49,147 | |
450/3 |
49,147 | |
47/48 |
1,586 | |
| Income statement | ||
9900 |
139,230 | |
630 |
1,557 | |
640/8 |
183 | |
9901 |
137,490 | |
75/76B |
2 | |
75 |
2 | |
65/66B |
67 | |
65 |
67 | |
9903 |
137,425 | |
67/77 |
30,326 | |
9904 |
107,099 | |
9905 |
107,099 | |
| Appropriation of the result | ||
9906 |
107,099 | |
| Document | ||
The notes to these accounts have 9 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 03-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-06-2026 | 2026-00138227 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 139,047 | ||
| 108,656 | ||
| 2,786 | ||
| 106,870 | ||
| 68.0% | ||
| 3.10 | ||
| 0.47 | ||
| 99.1% | ||
| 67.4% | ||
| over 100 |
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.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,449 |
| Intangible fixed assets | €1,337 |
| €1,557 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on CoreWave
Debt's share of the balance-sheet total is 32.0%.
Board & ownership
Board
2 directors, since incorporationSuccessor director
appointed by deed of 16-12-2024
also on the board of 1 other company
Mandates through the years
2 names, the dashed line is todayDavy De Man
Director
Director
Steve Frans J. Kerremans
Successor director
Successor director
Board
Mandates as a list
- Davy De Man
- Director, appointed by deed of 16-12-2024, still in office
- Steve Frans J. Kerremans
- Successor director, appointed by deed of 16-12-2024, still in office
Control
Founders
DE MAN Davy, KERREMANS Steve Frans Jeannine
This company
CoreWave
Equity €108,099
Profit €107,099 in 2025
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €1,081 in 2025
- Source
- deed of 16-12-2024
Articles of association
deed of 16-12-2024 (in Dutch)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Saturday of May at 10:00
Founders
At incorporation
deed of 16-12-2024 ↗
- DE MAN Davy founder
- KERREMANS Steve Frans Jeannine founder
Network & group
No group
CoreWave has no parent and no holdings in its annual accounts.
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Thuisverpleging Steve Kerremans
via Steve Frans J. Kerremans · Manager (not named in the articles) · deed of 02-09-2026
Founded in 2026
→
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 58 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017327585
2024
IncorporationFounding capital of €1,000, 100 shares · Founders: DE MAN Davy and KERREMANS Steve Frans Jeannine · Appointments: DE MAN Davy (director) and KERREMANS Steve Frans Jeannine (successor director) · published on 16-12-20246 points ▸
- Founder, DE MAN Davy
- Founder, KERREMANS Steve Frans Jeannine
- Founding capital, €1,000, 100 shares
- Director appointment, DE MAN Davy
- Director appointment, KERREMANS Steve Frans Jeannine (successor director)
- Registered office clause, Weertstraat 59C, 2880 Bornem
- The deed holds 1 more point.
First establishment Weertstraat 59, Bornem
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1017.327.585
- VAT number
- BE 1017.327.585
- Peppol ID
- 0208:1017327585
- Other Peppol ID
- 9925:BE1017327585
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 12-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Saturday of May at 10:00deed of 16-12-2024 (in Dutch)
- Peppol
- Reachable since 30-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CoreWave in Dutch
- Entity type
- Legal entity
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020
IT consultancy main activity
62030
Computer programming, consultancy and related activities
62090
Computer programming, consultancy and related activities
63990
Computing infrastructure, data processing, hosting and other information service activities
70220
Business consulting
95110
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verlenen van diensten op het domein van de informatica,met name de verkoop,levering,installatie,integratie,onderhoud en ondersteuning…”deed of 16-12-2024 (in Dutch)
22 activities
- Het verlenen van diensten op het domein van de informatica,met name de verkoop,levering,installatie,integratie,onderhoud en ondersteuning van hardware,software en aanverwante diensten;
- De aankoop,de verkoop,het huren en verhuren,de huurkoop en de leasing van hardware.Dit bevat onder meer maar niet beperkend de aan-en verkoop,in-en uitvoer,huur en verhuur,klein-en groothandel,installatie en herstellen van computers,hoogtechnologisch materiaal en apparatuur en,in het algemeen,van elk informatica en elektronisch materiaal,met inbegrip van,maar niet beperkt tot(i)personal computers,bedienings-en controlepanelen,(ii)computerwerkstations,processors,(iii)digitale overbrengers,telefaxapparaten,plotters,printers,toetsenborden,toevoertoebehoren,beeldschermen,computerterminals,en(iv)onderdelen,uitrusting toebehoren en randapparatuur.
- De vennootschap mag het bovenvermeld informatica en elektronisch materiaal en in het algemeen alle computersoftware en-hardware,invoeren en uitvoeren,verdelen en op de markt brengen,kopen en verkopen,huren en verhuren door middel van huurkoop of leasing,en mag onderhouds-,reparatie-,opleidings-en systeemdiensten verlenen in verband met dit materiaal of het gebruik ervan;
- Het verlenen van advies en consultancy op het vlak van informatietechnologie en–toepassingen.
- Het geven van opleiding,training en implementatie-en projectbegeleiding van software-en informaticatoepassingen;
- Het voorzien van een helpdesk en het leveren van support op de software en informaticatoepassingen.
- De creatie,ontwikkeling,verbetering,herstelling,installatie,verkoop,distributie,commercialisering,onderhoud,algemene vertegenwoordiging van websites,logo’s,grafisch materiaal,zowel hardware als software,e-commerce;
- Het opstellen,programmeren,kopen en verkopen,import en export,huren en verhuren,installeren,updaten,testen en herstellen van al dan niet zelf ontwikkelde standaard-als maatwerksoftware op welke informatiedrager ook.
- Het optreden als internetprovider en alles wat rechtstreeks of onrechtstreeks verband houdt met informatieverwerking en telecommunicatie.
- Het aanbieden van diensten en goederen via elektronische en aanverwante informatiewegen.
- De studie en ontwikkeling van computerprogramma’s in het algemeen,van technieken voor gegevensverwerking en van beheerssystemen.
- Het verlenen van bijstand,advies en leiding,het geven van lessen,colleges en cursussen aan bedrijven,privépersonen en instellingen in verband met de hiervoor genoemde activiteiten.
- Het verlenen van alle diensten en verrichten van alle activiteiten die verband houden en verenigbaar zijn met deze activiteit.
- Alle mogelijke advies-en/of dienstenfuncties.
- Consultancy,opleiding,technische expertise en bijstand op voornoemde gebieden.
- Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven die op die domeinen actief zijn,de vertegenwoordiging en het optreden als commercieel tussenpersoon.
- Het verlenen van administratieve prestaties en computerservices.
- Het verlenen van administratieve prestaties en computerservices.
- De aan-en verkoop,in-en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in ‘t kort tussenpersoon in de handel.
- De aan-en verkoop,in-en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in ‘t kort tussenpersoon in de handel.
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten.
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Weertstraat 59 registered office 2880 Bornem | 12-12-2024 | 2.367.291.136 |