Corodo
ActiveCorodo has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €128k and a net result of €29k. Equity is growing by ~46.8% per year across the filed fiscal years. Its solvency ranks better than 81% of 2542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+1
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 4.64 against 3.18 in 2023; short-term debt: 20.1% and cash: 22% of total assets), and 20.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
47 d early
2022
38 d early
2021
26 d early
2020
4 d early
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€128k▲ 29.3%
2023 · €99k
2018: €16k
2019: €13k
2020: €29k
2021: €46k
2022: €75k
2023: €99k
2018 → 2024
Total assets
€161k▲ 15.7%
2023 · €139k
2018: €38k
2019: €24k
2020: €61k
2021: €79k
2022: €116k
2023: €139k
2018 → 2024
Net result
€29k▲ 21.0%
2023 · €24k
2018: €1k
2019: €-3k
2020: €16k
2021: €17k
2022: €29k
2023: €24k
2018 → 2024
Working capital
€117k▲ 36.4%
2023 · €86k
2018: €11k
2019: €2k
2020: €29k
2021: €31k
2022: €62k
2023: €86k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€29k-€46k▲ 56.9%€75k▲ 63.8%€99k▲ 31.9%€128k▲ 29.3%
Operating result€24k-€27k▲ 14.9%€45k▲ 66.8%€40k▼ 13.0%€49k▲ 22.8%
Net result€16k-€17k▲ 4.0%€29k▲ 75.9%€24k▼ 18.1%€29k▲ 21.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 23% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €161k
Fixed assets
€11k▼ 17.5%
Current assets
€150k▲ 19.2%
Equity and liabilities €161k
Equity
€128k▲ 29.3%
Debt
€32k▼ 18.4%
The debt ratio falls from 28.5% to 20.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▲
2023 · €43k
Cash flow
€31k▲
2023 · €28k
Solvency
79.9%▲
2023 · 71.5%
Current ratio
4.64▲
2023 · 3.18
Quick ratio
4.64▲
2023 · 3.15
Debt / equity
0.25▼
2023 · 0.40
ROE
22.7%▼
2023 · 24.2%
ROA
18.1%▲
2023 · 17.3%
Interest coverage
58.61▲
2023 · 31.59
Debt
€32k▼
2023 · €40k
Debt ≤ 1 year
€32k▼
2023 · €40k
Income taxes
€19k▲
2023 · €14k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€139k€161k▲
Fixed assets21/28€13k€11k▼
Tangible fixed assets22/27€13k€11k▼
Land and buildings22€2k€1k▼
Plant, machinery and equipment23€461-
Furniture and vehicles24€11k€10k▼
Current assets29/58€126k€150k▲
Stocks and contracts in progress3€1k-
Stocks30/36€1k-
Amounts receivable within one year40/41€69k€114k▲
Trade receivables40€34k€66k▲
Other amounts receivable41€35k€49k▲
Cash at bank and in hand54/58€55k€35k▼
Equity and liabilities
Total equity and liabilities10/49€139k€161k▲
Equity10/15€99k€128k▲
Contributions10/11€12k€12k=
Reserves13€87k€116k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€85k€114k▲
Amounts payable17/49€40k€32k▼
Amounts payable within one year42/48€40k€32k▼
Current portion of amounts payable after more than one year42€5k-
Trade debts44€7k€12k▲
Suppliers440/4€7k€12k▲
Taxes, remuneration and social security45€27k€20k▼
Taxes450/3€27k€20k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€152€803▲
Gross operating margin9900€44k€52k▲
Operating profit (loss)9901€40k€49k▲
Financial charges65/66B€1k€867▼
Recurring financial charges65€1k€867▼
Profit (loss) for the period before taxes9903€38k€48k▲
Income taxes67/77€14k€19k▲
Profit (loss) for the period9904€24k€29k▲
Profit (loss) for the period to be appropriated9905€24k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€29k▲
Transfer to equity691/2€24k€29k▲
To other reserves6921€24k€29k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €128k ▲29.3%
5 profitable years in a row build equity to €128k.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €29k ▲75.9%
Net result €29k, the highest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.47
Current ratio from 1.22 to 2.47.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-3k ▼391%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
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, Mol · 1 establishment unit since 2012
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.
Zandstraat 682400 MolGround area
763 m²
Building footprint
152 m²
Volume, LiDAR
947 m³
Parcel 13432B2177/00K079, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Corodo
since 20122.207.895.291
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13432B2177/00K079 | Flanders | 763 m² | 1 · 152 m² | 10.4 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 3,264 EUR awarded · 3,264 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,599 EUR | 1,599 EUR |
| 2024 | 1 | 1,665 EUR | 1,665 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 13,495 companies in sector 85510 we hold annual accounts for 718. 479 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-02-2012
Fiscal year end31-12
Activities, NACEBEL
85510Sports and recreation education
46423Wholesale of clothing, excluding workwear and underwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
86904Human health activities
86931Psychology services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.