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Corit

Active
Private limited companyfounded 20206 yrs activeBaarleveldestraat 100, 9031 Gent, BelgiumKBO/BCE: BE 0741.856.988

Corit has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-21k) and a net result of €-41k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
26 / 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-98
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.25 in 2024; short-term debt: 170.4% and cash: 1.6% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-73.3%
Return on assets
-145%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year €-21k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
31 d late
2024
9 d early
2023
68 d early
2022
67 d early
2021
69 d early
2020
9 d late
← 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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-21k
2024 · €20k
2020: €70k 2021: €120k 2022: €167k 2023: €149k 2024: €20k
2020 → 2025
Total assets
€28k▲ 2.4%
2024 · €28k
2020: €94k 2021: €146k 2022: €210k 2023: €157k 2024: €28k
2020 → 2025
Net result
€-41k▲ 32.2%
2024 · €-61k
2020: €45k 2021: €50k 2022: €47k 2023: €-18k 2024: €-61k
2020 → 2025
Working capital
€-38k▼ 657%
2024 · €-5k
2020: €56k 2021: €110k 2022: €160k 2023: €113k 2024: €-5k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€120k-€167k▲ 38.8%€149k▼ 10.8%€20k▼ 86.4%€-21k
Operating result€63k-€62k▼ 1.3%€-22k€-60k▼ 173%€-41k▲ 32.8%
Net result€50k-€47k▼ 7.0%€-18k€-61k▼ 238%€-41k▲ 32.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2021: €63k€63kNet result 2021: €50k€50kOperating result 2022: €62k€62kNet result 2022: €47k€47kOperating result 2023: €-22k€-22kNet result 2023: €-18k€-18kOperating result 2024: €-60k€-60kNet result 2024: €-61k€-61kOperating result 2025: €-41k€-41kNet result 2025: €-41k€-41k20212022202320242025
The operating result stays negative: a loss of €41k in 2025 against €60k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets €18k▼ 31.1%
Current assets €10k▲ 513%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-33k
2024 · €-50k
Cash flow
€-34k
2024 · €-50k
Solvency
-73.3%
2024 · 73.4%
Current ratio
0.22
2024 · 0.25
Quick ratio
0.22
2024 · 0.25
Debt / equity
-2.36
2024 · 0.36
ROA
-145.0%
2024 · -219.0%
Interest coverage
-266.96
2024 · -265.71
Debt
€49k
2024 · €7k
Debt ≤ 1 year
€48k
2024 · €7k
Income taxes
€378
2024 · €202
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€28k€28k
Fixed assets21/28€26k€18k
Tangible fixed assets22/27€26k€18k
Furniture and vehicles24€26k€18k
Financial fixed assets28€105€105=
Current assets29/58€2k€10k
Amounts receivable within one year40/41€2k€10k
Trade receivables40-€10k
Other amounts receivable41€2k-
Cash at bank and in hand54/58€192€449
Equity and liabilities
Total equity and liabilities10/49€28k€28k
Equity10/15€20k€-21k
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-5k€-46k
Amounts payable17/49€7k€49k
Amounts payable within one year42/48€7k€48k
Trade debts44€315-
Suppliers440/4€315-
Taxes, remuneration and social security45€6k€4k
Taxes450/3€142€2k
Remuneration and social security454/9€6k€2k
Other amounts payable47/48-€45k
Accrued charges and deferred income492/3€640€800
Income statement Code20242025
Non-recurring operating income76A-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€7k
Other operating charges640/8€141€144
Gross operating margin9900€-50k€-33k
Operating profit (loss)9901€-60k€-41k
Financial income75/76B€192-
Recurring financial income75€192-
Non-recurring financial income76B€192-
Financial charges65/66B€187€125
Recurring financial charges65€187€125
Profit (loss) for the period before taxes9903€-60k€-41k
Income taxes67/77€202€378
Profit (loss) for the period9904€-61k€-41k
Profit (loss) for the period to be appropriated9905€-61k€-41k
Appropriation of the result
Profit (loss) to be appropriated9906€-61k€-46k
Profit (loss) brought forward from the previous period14P-€-5k
Transfer from equity791/2€124k-
Profit to be distributed694/7€68k-
Return on contributions (dividend)694€68k-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
24-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity triplescurrent ratio 15.20
Current ratio from 4.77 to 15.20; short-term debt falls from €42k to €8k.
25-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €150kEq €167k ▲38.8%
3 profitable years in a row build equity to €167k.
23-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2020net €50k ▲11.3%
Operating result €63k, net result €50k, both a record.
31-12
Financial Equity above €100kEq €120k ▲71.6%
2 profitable years in a row build equity to €120k.
09-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Gent · 1 establishment unit since 2020
establishment The establishment unit on the map
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.

Baarleveldestraat 1009031 Gent
Ground area
724 m²
Building footprint
112 m²
Parcel 44017D0742/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Corit
Baarleveldestraat 100, 9031 GentComputer programming, consultancy and related activities
since 20202.299.099.245
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44017D0742/00D000 Flanders 724 m² 1 · 112 m² 0.0 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.

Similar companies · same sector, comparable size

Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 13,020 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-01-2020
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62100Computer programming
85599Other education
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.