COREX.BE
ActiveSummary
COREX.BE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €13k. Equity is growing by ~30.5% per year across the filed fiscal years. Its solvency ranks better than 19% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+1
Solvency41▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.89 in 2024; short-term debt: 30.6% and cash: 10.2% of total assets), and 83.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.1%
Return on assets
1.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d late
2023
26 d late
2022
15 d late
2020
3 d late
2019
96 d late
2018
9 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€229k
EBIT margin
19.1%
Net result
€13k▼ 11.1%
2024 · €14k
2018: €18k
2019: €45k
2020: €42k
2022: €7k
2023: €49k
2024: €14k
2018 → 2025
Working capital
€-31k▼ 4.1%
2024 · €-30k
2018: €20k
2019: €19k
2020: €26k
2022: €-36k
2023: €-32k
2024: €-30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Turnover€229k-
Equity€37k-€44k▲ 20.2%€93k▲ 111%€107k▲ 15.3%€120k▲ 11.8%
Operating result€44k-€11k▼ 74.8%€80k▲ 625%€32k▼ 59.8%€28k▼ 11.4%
Net result€42k-€7k▼ 82.1%€49k▲ 558%€14k▼ 70.8%€13k▼ 11.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €744k
Fixed assets
€547k ▲ 3.6%
Current assets
€197k ▼ 13.8%
Equity and liabilities €744k
Equity
€120k ▲ 11.8%
Debt
€624k ▼ 3.9%
Debt's share of the balance-sheet total falls from 85.8% to 83.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▲
2024 · €57k
Cash flow
€43k▲
2024 · €40k
Current ratio
0.86▼
2024 · 0.89
Debt to equity
5.20▼
2024 · 6.05
ROE
10.6%▼
2024 · 13.3%
ROA
1.7%▼
2024 · 1.9%
Interest coverage
4.36▲
2024 · 4.17
Debt ≤ 1 year
€227k▼
2024 · €258k
Debt > 1 year
€397k▲
2024 · €392k
Income taxes
€3k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€757k€744k▼
Fixed assets21/28€528k€547k▲
Tangible fixed assets22/27€528k€547k▲
Land and buildings22€510k€496k▼
Furniture and vehicles24€18k€51k▲
Financial fixed assets28€690€690=
Current assets29/58€228k€197k▼
Amounts receivable within one year40/41€192k€120k▼
Trade receivables40€20k€28k▲
Other amounts receivable41€172k€92k▼
Cash at bank and in hand54/58€34k€76k▲
Deferred charges and accrued income490/1€2k€803▼
Equity and liabilities
Total equity and liabilities10/49€757k€744k▼
Equity10/15€107k€120k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€87k€100k▲
Amounts payable17/49€649k€624k▼
Amounts payable after more than one year17€392k€397k▲
Financial debts170/4€392k€397k▲
Amounts payable within one year42/48€258k€227k▼
Current portion of amounts payable after more than one year42€36k€39k▲
Trade debts44€14k€43k▲
Suppliers440/4€14k€43k▲
Advances received on contracts in progress46€197k€142k▼
Taxes, remuneration and social security45€11k€4k▼
Taxes450/3€11k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€31k▲
Other operating charges640/8€3k€5k▲
Non-recurring operating charges66A€859€1k▲
Gross operating margin9900€61k€65k▲
Operating profit (loss)9901€32k€28k▼
Financial income75/76B€6€675▲
Recurring financial income75€6€675▲
Financial charges65/66B€14k€14k▼
Recurring financial charges65€14k€14k▼
Profit (loss) for the period before taxes9903€18k€16k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€14k€13k▼
Profit (loss) for the period to be appropriated9905€14k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€87k€100k▲
Profit (loss) brought forward from the previous period14P€73k€87k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Equity above €100kEq €107k ▲15.3%
6 profitable years in a row build equity to €107k.
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
30-06
Financial
Highest result since 2018net €49k ▲558%
Operating result €80k, net result €49k, both a record.
15-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2022
30-06
Financial
Weakest financial yearnet €7k ▼82.1%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Brussel · 1 establishment unit since 2009
Ground area
167 m²
Building footprint
114 m²
Volume, LiDAR
1,272 m³
Parcel 21815D0065/00C003, Brussels · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Leopold I-straat 142, 1020 Brussel
since 20092.175.181.448
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0065/00C003 | Brussels | 167 m² | 1 · 114 m² | 16.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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PIRYNS
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ENTREPRISES RONCHI
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,189 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-2008
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.