Corlys
ActiveCorlys has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €58k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 782 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency65▼-35
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.7 against 10.26 in 2024; short-term debt: 60.4% and cash: 39.7% of total assets), and 60.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← 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
39.6%
Return on assets
28.8%
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
126 d early
2023
64 d early
2022
130 d early
2021
34 d early
2020
11 d early
2019
15 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€80k▼ 58.7%
2024 · €194k
2018: €128k
2019: €132k
2020: €147k
2021: €180k
2022: €219k
2023: €271k
2024: €194k
2018 → 2025
Total assets
€202k▲ 0.7%
2024 · €201k
2018: €270k
2019: €284k
2020: €276k
2021: €312k
2022: €359k
2023: €278k
2024: €201k
2018 → 2025
Net result
€58k▲ 3.5%
2024 · €56k
2018: €19k
2019: €4k
2020: €14k
2021: €33k
2022: €39k
2023: €52k
2024: €56k
2018 → 2025
Working capital
€-36k
2024 · €64k
2018: €-36k
2019: €-48k
2020: €-35k
2021: €6k
2022: €61k
2023: €127k
2024: €64k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€180k-€219k▲ 21.6%€271k▲ 23.7%€194k▼ 28.4%€80k▼ 58.7%
Operating result€55k-€58k▲ 5.6%€69k▲ 20.3%€75k▲ 8.3%€78k▲ 3.9%
Net result€33k-€39k▲ 16.8%€52k▲ 33.1%€56k▲ 8.6%€58k▲ 3.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202k
Fixed assets
€116k▼ 10.6%
Current assets
€86k▲ 21.6%
Equity and liabilities €202k
Equity
€80k▼ 58.7%
Debt
€122k▲ 1,672%
The debt ratio rises from 3.4% to 60.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€92k▲
2024 · €89k
Cash flow
€72k▲
2024 · €70k
Solvency
39.6%▼
2024 · 96.6%
Current ratio
0.70▼
2024 · 10.26
Quick ratio
0.70▼
2024 · 10.26
Debt / equity
1.53▲
2024 · 0.04
ROE
72.7%▲
2024 · 29.0%
ROA
28.8%▲
2024 · 28.0%
Interest coverage
349.67▼
2024 · 634.21
Debt
€122k▲
2024 · €7k
Debt ≤ 1 year
€122k▲
2024 · €7k
Income taxes
€20k▲
2024 · €19k
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€201k€202k▲
Fixed assets21/28€130k€116k▼
Tangible fixed assets22/27€130k€116k▼
Land and buildings22€130k€116k▼
Financial fixed assets28€150€150=
Current assets29/58€71k€86k▲
Amounts receivable within one year40/41€722€762▲
Trade receivables40€0-
Other amounts receivable41€722€762▲
Cash at bank and in hand54/58€66k€80k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€201k€202k▲
Equity10/15€194k€80k▼
Contributions10/11€80k€80k=
Reserves13€114k€0▼
Distributable reserves133€114k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€7k€122k▲
Amounts payable within one year42/48€7k€122k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48€2k€116k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k=
Other operating charges640/8€16k€17k▲
Gross operating margin9900€105k€108k▲
Operating profit (loss)9901€75k€78k▲
Financial income75/76B€42€40▼
Recurring financial income75€42€40▼
Financial charges65/66B€140€262▲
Recurring financial charges65€140€262▲
Profit (loss) for the period before taxes9903€75k€78k▲
Income taxes67/77€19k€20k▲
Profit (loss) for the period9904€56k€58k▲
Profit (loss) for the period to be appropriated9905€56k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€58k▲
Transfer from equity791/2€133k€114k▼
Transfer to equity691/2€56k€0▼
To other reserves6921€56k€0▼
Profit to be distributed694/7€133k€172k▲
Return on contributions (dividend)694€133k€172k▲
The notes to these accounts (10 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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €58k ▲3.5%
Operating result €78k, net result €58k, both a record.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 12current ratio 17.37
Current ratio from 1.44 to 17.37; short-term debt falls from €140k to €8k.
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €219k ▲21.6%
5 profitable years in a row build equity to €219k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €180k ▲22.7%
4 profitable years in a row build equity to €180k.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €4k ▼78%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-04
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, Harelbeke · 1 establishment unit since 1979
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.
Bavikhoofsestraat 788530 HarelbekeGround area
1,206 m²
Building footprint
834 m²
Volume, LiDAR
5,983 m³
Parcel 34323D0121/00X006, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bavikhoofsestraat 78, 8530 Harelbeke
since 19792.016.095.411
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34323D0121/00X006 | Flanders | 1,206 m² | 1 · 834 m² | 7.5 m · 2 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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BE 0828.556.083
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BE 0822.832.885
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ASQUARE & PARTNERS
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eXcavate
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Of 2,362 companies in sector 78100 we hold annual accounts for 1,365. 1,084 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-1979
Fiscal year end31-12
Activities, NACEBEL
74501
78100Employment placement agencies
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.