Equity
€392,033 ▲ 8.0%
CORPO has made a profit without a break since 2019.
CORPO
Lifetime
11 annual accounts with figures on one time axispeak €1.5m (2025)
€1.5m▲ 19.9%
lowest -€9,788 (2018)
€29,135▼ 85.1%
peak €392,033 (2025)
€392,033▲ 8.0%
€3.0m▲ 11.2%
peak 16.8 FTE (2025)
16.8 FTE▲ 35.5%
Board4 names since 2018
1 directorSoleda
Owners
25%Soleda
Documentsfilings and deeds
14-01-202645 days before the deadline
2025abbreviated format
Gross margin from €1.2m to €1.5mResult from €195,449 to €29,135Staff from 12.4 FTE to 16.8 FTECash from €31,827 to €143,515
Key points
from the 2025 annual accountsResult
€29,135 ▼ 85.1%
The result fell in 2025 from €195,449 to €29,135.
Debts
€3.0m 88% of the balance sheet
Financial debts 84%Suppliers 10%Taxes and wages 0%Other 6%
€2.2m of the debts are secured on the company's own assets. In 2024 that was €2.0m.
Staff
18 employees on 31-07-2025
In 2025, 13 people joined and 12 left.
Filings
11 annual accounts since 2014
The last five annual accounts were filed 7 to 129 days before the end of the period.
Position in the sector
11.7%
Lower solvency than 86% of companies in specialised construction. Sector median 44.0% · 9,973 companies.
Checked score
65
Healthy
Financially stronger than 35% of small companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.3%▲ +0.1 percentage points vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 1.3%● unchanged vs 06-2025
08-2025: 1.3%● unchanged vs 07-2025
09-2025: 1.3%● unchanged vs 08-2025
10-2025: 1.5%▲ +0.2 percentage points vs 09-2025
11-2025: 1.7%▲ +0.2 percentage points vs 10-2025
12-2025: 2.0%▲ +0.3 percentage points vs 11-2025
01-2026: 2.2%▲ +0.2 percentage points vs 12-2025highest value
02-2026: 1.3%▼ -0.9 percentage points vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.3%● unchanged vs 07-2026
09-2026: 0.9%▼ -0.4 percentage points vs 08-2026lowest value
10-2026: 1.1%▲ +0.2 percentage points vs 09-2026
11-2026: 1.0%▼ -0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Equity €392,033 (11.7% of total assets)
Sector: Specialised construction activities (NACE 43)
Size: 16.8 FTE, total assets €3.3m
lowers risk
Founded in 2013
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 12% of them on solvency, 55% on liquidity, 17% on profitability and 57% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-07-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as CORPO has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CORPO itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,107 companies, not a prediction for CORPO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.13 (1.0 in 2024), below the usual 1.5. Short-term debt is 21.5% and cash 4.3% of total assets. 88.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9973 sector peers (2025).
NBB · sector comparisonPosition among 9973 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 14-01-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 days early
2024
121 days early
2023
7 days early
2022
77 days early
2021
129 days early
2020
144 days early
2019
72 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 85 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today. The company usually files around 13 December (4 of the last 5 accounts filed within 52 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
31-07-2026 year end10-11-2026 today28-02-2027 deadline
Recent changes
Registered office moved from Bissegem to Lauwe
New registered office: Bramier 19, 8930 Lauwe (België) · Previous registered office: Brouwerijstraat 5B, 8501 Bissegem (België) · Permanent representative: Dary Loncke · Board meeting of 22-02-2024 · Gazette deed
Environmental permit granted
Bouwen of herbouwen · Menen
1 director appointed, 1 manager resigning
Resignation: Dary Loncke (manager) · Appointment: Soleda · Permanent representative: Dary Loncke · General meeting of 18-10-2019 · Gazette deed
New manager
Dary LONCKE appointed, BVBA Deprez-Loncke Interieur resigned · Permanent representative: Dary LONCKE · General meeting of 06-09-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CORPO Menen | €3.3m | €1.5m | 11.7% | 16.8 |
| KITCHEN CONCEPT Overijse | €3.4m | €1.4m | 14.1% | 16 |
| JACOBS BINNENDEUREN Ninove | €3.4m | €1.2m | 82.6% | 16.9 |
| DE MAATWERKER Knokke-Heist | €2.6m | €1.5m | 11.6% | 18.1 |
| ANOHID Kortrijk | €3.3m | €1.7m | 55.6% | 12.6 |
| ALAIN DESSEIN Poperinge | €2.3m | €1.2m | 10.5% | 16 |
| MAJESTIK Ypres | €2.6m | €1.7m | 9.1% | 18.1 |
These companies have the same main activity as CORPO: joinery installation (NACE 43320). They are comparable in size and age: total assets between €2.3m and €3.4m, founded between 2008 and 2014.
Official details
Source: KBO- Status
- Active since 03-07-2013Normal situation
- Activity
- Joinery installationNACE 43320
- Joint committees
- 200Auxiliary committee for white-collar workers
- 124Construction · annual accounts 31-07-2025
- Establishment unit
- 2.221.224.1808930 Menen, since 08-07-2013
- Financial year end
- 31 July
- Peppol
- Reachable
Annual accounts to 31-07-2025
- ≈ €4.2mestimated
- €3.3m▲ 10.8%
- Employeeson 31-07-2025
- 18▲ 5.9%
- Filing
- Filed on 14-01-2026, 45 days before the end of the filing period
Insights on CORPO
CORPO files the abbreviated format. That format states no turnover. The gross margin rose from €157,948 in 2014 to €1.5m in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CORPO
- What is the company number of CORPO?
- The company number of CORPO is 0536.877.380. The VAT number is the same number with BE in front: BE 0536.877.380.
- Where is CORPO based?
- The registered office is at Bramier 19, 8930 Menen.Company details
- What does CORPO do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of CORPO?
- CORPO is a private limited company (BV).
- When was CORPO founded?
- CORPO was founded on 03-07-2013.
- Is CORPO still active?
- Yes, CORPO is an active enterprise in the KBO register.
- How many employees does CORPO have?
- CORPO had an average of 16.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CORPO fall under?
- In its 31-07-2025 annual accounts, CORPO states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
- What is the turnover of CORPO?
- The turnover in financial year 2025 is ≈ €4.2m. This figure is estimated from the gross margin of €1.5m and 67 comparable companies (NACE 43). It probably lies between €3.2m and €5.6m.
- Is CORPO profitable?
- In financial year 2025, CORPO made a profit of €29,135.
- Where can I find the annual accounts of CORPO?
- CORPO filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CORPO due?
- CORPO must file the annual accounts for financial year 2026 by 28-02-2027.Timeline
Next steps
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