CORIFUGO
ActiveCORIFUGO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €-64k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 7924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
2
/ 100
Critical▼ -50 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency2▼-98
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.29 against 6.78 in 2024), and 97.7% 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.3%
Return on assets
-41.5%
Age of the figures
11 mo
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 →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€64k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7924 sector peers (2025).
NBB · sector comparisonPosition among 7924 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-03-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
16 d early
2023
22 d early
2022
on the day
2021
3 d early
2020
13 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4k▼ 94.6%
2024 · €68k
2018: €35k
2019: €59k
2020: €29k
2021: €39k
2022: €53k
2023: €80k
2024: €68k
2018 → 2025
Total assets
€154k▲ 99.5%
2024 · €77k
2018: €76k
2019: €112k
2020: €69k
2021: €72k
2022: €133k
2023: €131k
2024: €77k
2018 → 2025
Net result
€-64k▼ 413%
2024 · €-12k
2018: €2k
2019: €25k
2020: €-30k
2021: €10k
2022: €14k
2023: €27k
2024: €-12k
2018 → 2025
Working capital
€-107k
2024 · €56k
2018: €29k
2019: €57k
2020: €31k
2021: €32k
2022: €44k
2023: €73k
2024: €56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€53k▲ 36.2%€80k▲ 50.7%€68k▼ 15.6%€4k▼ 94.6%
Operating result€10k-€21k▲ 112%€12k▼ 40.4%€-13k€-64k▼ 375%
Net result€10k-€14k▲ 45.3%€27k▲ 91.0%€-12k€-64k▼ 413%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €64k in 2025 against €13k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €154k
Fixed assets
€110k▲ 876%
Current assets
€44k▼ 33.2%
Equity and liabilities €154k
Equity
€4k▼ 94.6%
Debt
€151k▲ 1,446%
The debt ratio rises from 12.6% to 97.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-41k▼
2024 · €-9k
Cash flow
€-41k▼
2024 · €-8k
Solvency
2.3%▼
2024 · 87.4%
Current ratio
0.29▼
2024 · 6.78
Quick ratio
0.29▼
2024 · 6.78
Debt / equity
41.64▲
2024 · 0.14
ROA
-41.5%▼
2024 · -16.1%
Interest coverage
-611.72▼
2024 · -126.35
Debt
€151k▲
2024 · €10k
Debt ≤ 1 year
€151k▲
2024 · €10k
A ratio outside any meaningful range has been withheld (balance sheet total €154k, equity €4k).
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€77k€154k▲
Fixed assets21/28€11k€110k▲
Tangible fixed assets22/27€11k€110k▲
Plant, machinery and equipment23€11k€7k▼
Furniture and vehicles24-€104k
Current assets29/58€66k€44k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€1k€384▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€63k€36k▼
Deferred charges and accrued income490/1€197€7k▲
Equity and liabilities
Total equity and liabilities10/49€77k€154k▲
Equity10/15€68k€4k▼
Contributions10/11€16k€16k=
Reserves13€65k€65k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€63k€63k=
Profit (loss) carried forward14€-12k€-77k▼
Amounts payable17/49€10k€151k▲
Amounts payable within one year42/48€10k€151k▲
Trade debts44€8k€40▼
Suppliers440/4€8k€40▼
Other amounts payable47/48€1k€151k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€23k▲
Other operating charges640/8€2k€8k▲
Gross operating margin9900€-7k€-33k▼
Operating profit (loss)9901€-13k€-64k▼
Financial charges65/66B€74€67▼
Recurring financial charges65€74€67▼
Profit (loss) for the period before taxes9903€-14k€-64k▼
Income taxes67/77€-1k-
Profit (loss) for the period9904€-12k€-64k▼
Profit (loss) for the period to be appropriated9905€-12k€-64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-77k▼
Profit (loss) brought forward from the previous period14P€16€-12k▼
The notes to these accounts (5 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
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €-64k
Net result drops to €-64k, the lowest in the series.
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity triplescurrent ratio 6.78
Current ratio from 2.43 to 6.78; short-term debt falls from €51k to €10k.
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €27k ▲91%
Net result €27k, the highest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
13-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Beerse · 1 establishment unit since 2003
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.
Beemdenstraat 382340 BeerseGround area
9,421 m²
Building footprint
3,397 m²
Volume, LiDAR
26 m³
Parcel 13004D0336/00D000, Flanders · tallest building 1.1 m. Linked by address, not a title deed.
1 establishment unit
CORIFUGO
since 20032.132.172.242
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004D0336/00D000 | Flanders | 9,421 m² | 1 · 3,397 m² | 1.1 m |
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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Het Vlashuis
BE 0877.594.929
Gent · Eq €4k
RS SALES
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Landen · Eq €4k
M4NU
BE 1020.623.310
Deinze · Eq €4k
Of 6,127 companies in sector 46190 we hold annual accounts for 2,554. 797 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-06-2003
Fiscal year end30-09
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
46360Wholesale trade
46389Wholesale of other food products
46872Wholesale trade
51384
51570
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.