CORFISH
ActiveCORFISH has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €4k. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 11206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-28
Solvency100▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.44 against 2.96 in 2024), and 30.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
69.5%
Return on assets
8.6%
Age of the figures
9 mo
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
13 d early
2023
50 d early
2022
32 d early
2021
30 d early
2020
30 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▲ 10.9%
2024 · €30k
2018: €9k
2019: €9k
2020: €7k
2021: €13k
2022: €21k
2023: €25k
2024: €30k
2018 → 2025
Total assets
€47k▲ 2.3%
2024 · €46k
2018: €33k
2019: €53k
2020: €53k
2021: €52k
2022: €52k
2023: €47k
2024: €46k
2018 → 2025
Net result
€4k▼ 23.9%
2024 · €5k
2018: €-3k
2019: €-116
2020: €-2k
2021: €5k
2022: €9k
2023: €5k
2024: €5k
2018 → 2025
Working capital
€33k▲ 9.9%
2024 · €30k
2018: €676
2019: €-7k
2020: €-5k
2021: €3k
2022: €14k
2023: €26k
2024: €30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€21k▲ 66.3%€25k▲ 20.2%€30k▲ 17.9%€33k▲ 10.9%
Operating result€8k-€13k▲ 71.3%€10k▼ 24.8%€9k▼ 6.3%€9k▼ 9.3%
Net result€5k-€9k▲ 70.8%€5k▼ 44.7%€5k▲ 5.5%€4k▼ 23.9%
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 three years in a row; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47k
Fixed assets
€356▼ 23.7%
Current assets
€47k▲ 2.5%
Equity and liabilities €47k
Equity
€33k▲ 10.9%
Debt
€14k▼ 13.1%
The debt ratio falls from 35.9% to 30.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€9k▼
2024 · €10k
Cash flow
€4k▼
2024 · €5k
Solvency
69.5%▲
2024 · 64.1%
Current ratio
3.44▲
2024 · 2.96
Quick ratio
3.44▲
2024 · 2.96
Debt / equity
0.44▼
2024 · 0.56
ROE
12.3%▼
2024 · 18.0%
ROA
8.6%▼
2024 · 11.5%
Interest coverage
8.11▲
2024 · 7.05
Debt
€14k▼
2024 · €17k
Debt ≤ 1 year
€14k▼
2024 · €15k
Income taxes
€3k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€46k€47k▲
Fixed assets21/28€467€356▼
Tangible fixed assets22/27€332€221▼
Land and buildings22€332€221▼
Financial fixed assets28€135€135=
Current assets29/58€46k€47k▲
Amounts receivable within one year40/41€26k€24k▼
Trade receivables40€25k€23k▼
Other amounts receivable41€743€1k▲
Cash at bank and in hand54/58€18k€21k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€46k€47k▲
Equity10/15€30k€33k▲
Contributions10/11€9k€9k=
Reserves13€20k€23k▲
Non-distributable reserves130/1€940€940=
Reserves not available under the articles1311€940€940=
Tax-exempt reserves132€7k€7k=
Distributable reserves133€13k€16k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€17k€14k▼
Amounts payable within one year42/48€15k€14k▼
Trade debts44€1k€709▼
Suppliers440/4€1k€709▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€13k€11k▼
Accrued charges and deferred income492/3€1k€789▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€111€111=
Other operating charges640/8€940€954▲
Gross operating margin9900€10k€10k▼
Operating profit (loss)9901€9k€9k▼
Financial income75/76B€32€26▼
Recurring financial income75€32€26▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€8k€7k▼
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€5k€4k▼
Profit (loss) for the period to be appropriated9905€5k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€4k▼
Transfer to equity691/2€4k€3k▼
To other reserves6921€4k€3k▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (11 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €9k ▲70.8%
Operating result €13k, net result €9k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Bredene · 2 establishment units since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brugsesteenweg 518450 BredeneGround area
435 m²
Building footprint
304 m²
Volume, LiDAR
1,816 m³
2 parcels, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
PIEWIE CV
since 19912.052.951.847
CORFISH
since 19942.052.951.946
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808L0465/00D003 | Flanders | 271 m² | 1 · 184 m² | 12.5 m · 1 fl. |
| 35302D0081/00R000 | Flanders | 163 m² | 1 · 120 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
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.
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P.L.K.
BE 0862.623.473
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EXO7
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NIJF VISGROOTHANDEL
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Of 232 companies in sector 46323 we hold annual accounts for 156. 73 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded15-05-1991
Fiscal year end31-12
Activities, NACEBEL
46323Wholesale trade
51381
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.