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Corpacus

Active
Private limited companyfounded 2024active for 1 yearVeurnestraat 146, 8970 Poperinge, BelgiumKBO/BCE: BE 1017.463.682
Summary

Corpacus has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,041 and a net result of €66,041. The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

Equity
€66,041
Total assets
€105,013
Net result
€66,041
Working capital
€32,773

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

Balance-sheet composition
Assets €105,013
Fixed assets €33,698
Current assets €71,316
Equity and liabilities €105,013
Equity €66,041
Debt €38,973
Debt finances 37.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€95,125
Cash flow
€73,812
Current ratio
1.85
Debt to equity
0.59
ROE
100.0%
ROA
62.9%
Interest coverage
14.08
Debt ≤ 1 year
€38,542
Debt > 1 year
€430
Income taxes
€19,270

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 96.6% 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
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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€105,013
Fixed assets21/28€33,698
Tangible fixed assets22/27€33,698
Furniture and vehicles24€30,025
Other tangible fixed assets26€3,672
Current assets29/58€71,316
Amounts receivable within one year40/41€19,496
Other amounts receivable41€19,496
Current investments50/53€19,677
Cash at bank and in hand54/58€31,299
Deferred charges and accrued income490/1€844
Equity and liabilities
Total equity and liabilities10/49€105,013
Equity10/15€66,041
Reserves13€66,041
Distributable reserves133€66,041
Amounts payable17/49€38,973
Amounts payable after more than one year17€430
Financial debts170/4€430
Amounts payable within one year42/48€38,542
Current portion of amounts payable after more than one year42€5,070
Trade debts44€1,036
Suppliers440/4€1,036
Taxes, remuneration and social security45€23,020
Taxes450/3€21,220
Remuneration and social security454/9€1,800
Other amounts payable47/48€9,416
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,772
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€854
Other operating charges640/8€1,206
Gross operating margin9900€97,184
Operating profit (loss)9901€87,353
Financial income75/76B€4,712
Recurring financial income75€4,712
Financial charges65/66B€6,755
Recurring financial charges65€6,755
Profit (loss) for the period before taxes9903€85,310
Income taxes67/77€19,270
Profit (loss) for the period9904€66,041
Profit (loss) for the period to be appropriated9905€66,041
Appropriation of the result
Profit (loss) to be appropriated9906€66,041
Transfer to equity691/2€66,041
To other reserves6921€66,041

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,772
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€854
Other operating charges640/8€1,206
Gross operating margin9900€97,184
Operating profit (loss)9901€87,353
Financial income75/76B€4,712
Recurring financial income75€4,712
Financial charges65/66B€6,755
Recurring financial charges65€6,755
Profit (loss) for the period before taxes9903€85,310
Income taxes67/77€19,270
Profit (loss) for the period9904€66,041
Profit (loss) for the period to be appropriated9905€66,041
Line2025
Assets
Total assets20/58€105,013
Fixed assets21/28€33,698
Tangible fixed assets22/27€33,698
Furniture and vehicles24€30,025
Other tangible fixed assets26€3,672
Current assets29/58€71,316
Amounts receivable within one year40/41€19,496
Other amounts receivable41€19,496
Current investments50/53€19,677
Cash at bank and in hand54/58€31,299
Deferred charges and accrued income490/1€844
Equity and liabilities
Total equity and liabilities10/49€105,013
Equity10/15€66,041
Reserves13€66,041
Distributable reserves133€66,041
Amounts payable17/49€38,973
Amounts payable after more than one year17€430
Financial debts170/4€430
Amounts payable within one year42/48€38,542
Current portion of amounts payable after more than one year42€5,070
Trade debts44€1,036
Suppliers440/4€1,036
Taxes, remuneration and social security45€23,020
Taxes450/3€21,220
Remuneration and social security454/9€1,800
Other amounts payable47/48€9,416
Line2025
Profit (loss) for the period9904€66,041
+ Depreciation and write-downs630€7,772
Operating cash flow (approximation)€73,812

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 28-07-2026 2026-00344288

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.