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CORNER CITY

Active
Private limited companyfounded 20251 yr activeBrusselsesteenweg 649, 9050 Gent, BelgiumKBO/BCE: BE 1019.958.958
Summary

The computed 12-month bankruptcy probability of CORNER CITY is 2.3% (moderate). The 2025 annual accounts show equity of €52,798 and a net result of €49,798. Its solvency ranks better than 69% of 13617 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency77
Growth-
Track record67
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.32; short-term debt: 47.6% and cash: 47.4% of total assets), and 47.6% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
52.4%
Return on assets
49.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
26 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

CORNER CITY was incorporated on 13 February 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€52,798
Total assets
€100,752
Net result
€49,798
Working capital
€15,321

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €100,752
Fixed assets €37,477
Current assets €63,276
Equity and liabilities €100,752
Equity €52,798
Debt €47,955
Debt finances 47.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€74,697
Cash flow
€54,845
Current ratio
1.32
Quick ratio
1.26
Debt to equity
0.91
ROE
94.3%
ROA
49.4%
Interest coverage
2411.13
Debt ≤ 1 year
€47,955
Income taxes
€19,821
Staff costs
€14,159

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€100,752
Fixed assets21/28€37,477
Intangible fixed assets21€22,897
Tangible fixed assets22/27€14,579
Furniture and vehicles24€14,579
Current assets29/58€63,276
Stocks and contracts in progress3€2,728
Stocks30/36€2,728
Amounts receivable within one year40/41€11,334
Trade receivables40€8,416
Other amounts receivable41€2,919
Cash at bank and in hand54/58€47,796
Deferred charges and accrued income490/1€1,418
Equity and liabilities
Total equity and liabilities10/49€100,752
Equity10/15€52,798
Contributions10/11€3,000
Reserves13€49,798
Distributable reserves133€49,798
Amounts payable17/49€47,955
Amounts payable within one year42/48€47,955
Trade debts44€5,022
Suppliers440/4€5,022
Taxes, remuneration and social security45€26,990
Taxes450/3€19,821
Remuneration and social security454/9€7,170
Other amounts payable47/48€15,942
Income statement Code2025
Remuneration, social security and pensions62€14,159
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,047
Other operating charges640/8€631
Gross operating margin9900€89,487
Operating profit (loss)9901€69,649
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€31
Recurring financial charges65€31
Profit (loss) for the period before taxes9903€69,619
Income taxes67/77€19,821
Profit (loss) for the period9904€49,798
Profit (loss) for the period to be appropriated9905€49,798
Appropriation of the result
Profit (loss) to be appropriated9906€49,798
Transfer to equity691/2€49,798
To other reserves6921€49,798

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€14,159
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,047
Other operating charges640/8€631
Gross operating margin9900€89,487
Operating profit (loss)9901€69,649
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€31
Recurring financial charges65€31
Profit (loss) for the period before taxes9903€69,619
Income taxes67/77€19,821
Profit (loss) for the period9904€49,798
Profit (loss) for the period to be appropriated9905€49,798
Line2025
Assets
Total assets20/58€100,752
Fixed assets21/28€37,477
Intangible fixed assets21€22,897
Tangible fixed assets22/27€14,579
Furniture and vehicles24€14,579
Current assets29/58€63,276
Stocks and contracts in progress3€2,728
Stocks30/36€2,728
Amounts receivable within one year40/41€11,334
Trade receivables40€8,416
Other amounts receivable41€2,919
Cash at bank and in hand54/58€47,796
Deferred charges and accrued income490/1€1,418
Equity and liabilities
Total equity and liabilities10/49€100,752
Equity10/15€52,798
Contributions10/11€3,000
Reserves13€49,798
Distributable reserves133€49,798
Amounts payable17/49€47,955
Amounts payable within one year42/48€47,955
Trade debts44€5,022
Suppliers440/4€5,022
Taxes, remuneration and social security45€26,990
Taxes450/3€19,821
Remuneration and social security454/9€7,170
Other amounts payable47/48€15,942
Line2025
Profit (loss) for the period9904€49,798
+ Depreciation and write-downs630€5,047
Operating cash flow (approximation)€54,845

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
NBB filing
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, Gent · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
80 m²
Building footprint
80 m²
Volume, LiDAR
713 m³
Parcel 44362B0199/00M002, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CORNER CITY
Brusselsesteenweg 649, 9050 GentLimited-service restaurants, excluding mobile food services
since 20252.370.270.125
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44362B0199/00M002 Flanders 80 m² 1 · 80 m² 9.6 m · 3 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Gent2.370.270.125
1 permission
Toelating · Traiteur · since 10-04-2025

Similar companies · same sector, comparable size

Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 8,373 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-02-2025
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56220Contract catering and other food service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1019958958
Also 9925:BE1019958958
Registered 24-02-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.