CORPAX ASSETS
ActiveSummary
The computed 12-month bankruptcy probability of CORPAX ASSETS is 2.2% (moderate). The 2024 annual accounts show equity of €58k and a net result of €8k. Its solvency ranks better than 37% of 2024 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
36
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability22
Solvency44
Growth-
Track record67
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.05; short-term debt: 80.9% and cash: 6.1% of total assets), and 81.3% 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.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
18.7%
Return on assets
2.6%
Age of the figures
21 mo
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 20-06-2025, 41 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
41 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€58k
Total assets
€310k
Net result
€8k
Working capital
€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €310k
Fixed assets
€47k
Current assets
€264k
Equity and liabilities €310k
Equity
€58k
Debt
€252k
Debt finances 81.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€-95
Cash flow
€11k
Current ratio
1.05
Debt to equity
4.34
ROE
13.9%
ROA
2.6%
Interest coverage
-0.31
Debt ≤ 1 year
€251k
Income taxes
€1k
Filed annual accounts As filed with the NBB · 2024 · 37 lines
Balance sheet
Code2024
Assets
Total assets20/58€310k
Fixed assets21/28€47k
Tangible fixed assets22/27€47k
Furniture and vehicles24€47k
Current assets29/58€264k
Amounts receivable after more than one year29€195k
Other amounts receivable291€195k
Amounts receivable within one year40/41€50k
Trade receivables40€4k
Other amounts receivable41€45k
Cash at bank and in hand54/58€19k
Equity and liabilities
Total equity and liabilities10/49€310k
Equity10/15€58k
Contributions10/11€50k
Reserves13€8k
Distributable reserves133€8k
Amounts payable17/49€252k
Amounts payable within one year42/48€251k
Taxes, remuneration and social security45€1k
Taxes450/3€1k
Other amounts payable47/48€250k
Accrued charges and deferred income492/3€1k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€118
Gross operating margin9900€23
Operating profit (loss)9901€-3k
Financial income75/76B€12k
Recurring financial income75€12k
Financial charges65/66B€305
Recurring financial charges65€305
Profit (loss) for the period before taxes9903€9k
Income taxes67/77€1k
Profit (loss) for the period9904€8k
Profit (loss) for the period to be appropriated9905€8k
Appropriation of the result
Profit (loss) to be appropriated9906€8k
Transfer to equity691/2€8k
To other reserves6921€8k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Dessel · 1 establishment unit since 2023
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.
Brasel 1432480 DesselGround area
962 m²
Building footprint
159 m²
Volume, LiDAR
900 m³
Parcel 13006A0126/00K000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CORPAX ASSETS
since 20232.353.796.159
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006A0126/00K000 | Flanders | 962 m² | 1 · 159 m² | 9.0 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.
Similar companies · same sector, comparable size
GRIZZLY
BE 0478.681.835
Oudenaarde · Eq €58,061
CST-PRO
BE 0777.875.365
Bilzen-Hoeselt · Eq €58,165
GROUP VAN DOOREN
BE 0841.723.141
Oud-Turnhout · Eq €58,351
MQB
BE 0680.906.049
Sambreville · Eq €57,855
SOLIRENT
BE 0812.280.869
Brecht · Eq €58,410
Of 1,187 companies in sector 77399 we hold annual accounts for 710. 410 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.