CORL
ActiveSummary
The computed 12-month bankruptcy probability of CORL is 1.6% (moderate). The 2025 annual accounts show equity of €16,158 and a net result of €26,584. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency64▲+64
Growth78
Track record82
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.31; short-term debt: 59.3% and cash: 43.7% of total assets), and 60.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
39.3%
Return on assets
64.6%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
23 d early
2024
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 30 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€16,158
2024 · -€10,426
Total assets
€41,166▲ 1,447%
2024 · €2,661
Net result
€26,584
2024 · -€12,426
Working capital
€7,641
2024 · -€11,266
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result-€12,392-€34,606
Net result-€12,426-€26,584
Equity-€10,426-€16,158
Total assets€2,661-€41,166▲ 1,447%
Debt€13,087-€25,007▲ 91.1%
Working capital-€11,266-€7,641
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €34,606 after a loss of €12,392 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41,166
Fixed assets
€9,102 ▲ 984%
Current assets
€32,063 ▲ 1,661%
Equity and liabilities €41,166
Equity
€16,158
Debt
€25,007
Debt finances 60.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€35,109▲
2024 · -€12,350
Cash flow
€27,088▲
2024 · -€12,384
Current ratio
1.31
Debt to equity
1.55
ROE
164.5%
ROA
64.6%
Interest coverage
40.19▲
2024 · -1746.75
Debt ≤ 1 year
€24,422▲
2024 · €13,087
Income taxes
€7,210▲
2024 · €32
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42 | €504 | ▲ 1,090% |
| Other operating charges640/8 | €489 | €259 | ▼ 47.1% |
| Gross operating margin9900 | -€11,861 | €35,368 | ▲ 398% |
| Operating profit (loss)9901 | -€12,392 | €34,606 | ▲ 379% |
| Financial income75/76B | €5 | €62 | ▲ 1,147% |
| Recurring financial income75 | €5 | €62 | ▲ 1,147% |
| Financial charges65/66B | €7 | €874 | ▲ 12,256% |
| Recurring financial charges65 | €7 | €874 | ▲ 12,256% |
| Profit (loss) for the period before taxes9903 | -€12,394 | €33,795 | ▲ 373% |
| Income taxes67/77 | €32 | €7,210 | ▲ 22,306% |
| Profit (loss) for the period9904 | -€12,426 | €26,584 | ▲ 314% |
| Profit (loss) for the period to be appropriated9905 | -€12,426 | €26,584 | ▲ 314% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €2,661 | €41,166 | ▲ 1,447% |
| Fixed assets21/28 | €840 | €9,102 | ▲ 984% |
| Tangible fixed assets22/27 | €840 | €9,102 | ▲ 984% |
| Furniture and vehicles24 | €840 | €546 | ▼ 34.9% |
| Other tangible fixed assets26 | - | €8,556 | - |
| Current assets29/58 | €1,821 | €32,063 | ▲ 1,661% |
| Cash at bank and in hand54/58 | €1,821 | €17,972 | ▲ 887% |
| Deferred charges and accrued income490/1 | - | €14,091 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €2,661 | €41,166 | ▲ 1,447% |
| Equity10/15 | -€10,426 | €16,158 | ▲ 255% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Reserves13 | - | €14,158 | - |
| Distributable reserves133 | - | €14,158 | - |
| Profit (loss) carried forward14 | -€12,426 | - | - |
| Amounts payable17/49 | €13,087 | €25,007 | ▲ 91.1% |
| Amounts payable within one year42/48 | €13,087 | €24,422 | ▲ 86.6% |
| Trade debts44 | €1,563 | €2,012 | ▲ 28.7% |
| Suppliers440/4 | €1,563 | €2,012 | ▲ 28.7% |
| Taxes, remuneration and social security45 | €32 | €12,818 | ▲ 39,731% |
| Taxes450/3 | €32 | €12,818 | ▲ 39,731% |
| Other amounts payable47/48 | €11,492 | €9,593 | ▼ 16.5% |
| Accrued charges and deferred income492/3 | - | €585 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€12,426 | €26,584 | ▲ 314% |
| + Depreciation and write-downs630 | €42 | €504 | ▲ 1,090% |
| Operating cash flow (approximation) | -€12,384 | €27,088 | ▲ 319% |
| Investment in fixed assets (approximation) | - | -€8,766 | - |
| Change in cash | - | €16,151 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €26,584
Net result €26,584 after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 1.31
Current ratio from 0.14 to 1.31.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Deinze · 1 establishment unit since 2024
Ground area
972 m²
Building footprint
103 m²
Volume, LiDAR
619 m³
Parcel 44004A0776/00H000, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CORL
since 20242.365.644.908
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44004A0776/00H000 | Flanders | 972 m² | 1 · 103 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded29-10-2024
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.