CORRECT
ActiveSummary
CORRECT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €568k and a net result of €82k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 4522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 11.36 against 9.98 in 2024; short-term debt: 7.6% and cash: 28.8% of total assets), and 7.6% of the assets are financed with debt.
Credit check for your own amount and term
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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.4%
Return on assets
13.3%
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 13-08-2026, 13 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 · 10 filingsDeviation from the deadline
2025
13 d late
2024
11 d late
2023
20 d late
2022
10 d late
2021
16 d early
2020
11 d early
2019
7 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€568k▲ 4.4%
2024 · €544k
Total assets
€615k▲ 3.0%
2024 · €598k
Net result
€82k▼ 8.7%
2024 · €90k
Working capital
€486k▲ 1.4%
2024 · €480k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€92k▲ 52.8%€105k▲ 15.2%€95k▼ 9.8%€117k▲ 22.6%€123k▲ 5.9%
Net result€63k▲ 48.9%€70k▲ 11.6%€75k▲ 7.0%€90k▲ 19.9%€82k▼ 8.7%
Equity€346k▲ 13.6%€416k▲ 20.3%€475k▲ 14.2%€544k▲ 14.5%€568k▲ 4.4%
Total assets€393k▲ 17.2%€448k▲ 14.0%€525k▲ 17.1%€598k▲ 13.8%€615k▲ 3.0%
Debt€47k▲ 52.9%€32k▼ 31.8%€50k▲ 54.7%€53k▲ 7.6%€47k▼ 12.1%
Working capital€307k▲ 5.3%€385k▲ 25.4%€411k▲ 6.5%€480k▲ 16.9%€486k▲ 1.4%
Staff (FTE)3.9=4.1▲ 5.1%4.1=4▼ 2.4%4=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €615k
Fixed assets
€82k ▲ 27.1%
Current assets
€533k =
Equity and liabilities €615k
Equity
€568k ▲ 4.4%
Debt
€47k ▼ 12.1%
Debt's share of the balance-sheet total falls from 8.9% to 7.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€155k▲
2024 · €140k
Cash flow
€114k▲
2024 · €114k
Current ratio
11.36▲
2024 · 9.98
Debt to equity
0.08▼
2024 · 0.10
ROE
14.4%▼
2024 · 16.5%
ROA
13.3%▼
2024 · 15.0%
Interest coverage
13.40▼
2024 · 92.07
Debt ≤ 1 year
€47k▼
2024 · €53k
Income taxes
€41k▼
2024 · €45k
Staff costs
€263k▲
2024 · €254k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €196k | €205k | €253k | €254k | €263k | ▲ 3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €14k | €14k | €24k | €32k | ▲ 33.8% |
| Other operating charges640/8 | €2k | €2k | €2k | €3k | €3k | ▲ 22.2% |
| Gross operating margin9900 | €302k | €326k | €364k | €397k | €422k | ▲ 6.2% |
| Operating profit (loss)9901 | €92k | €105k | €95k | €117k | €123k | ▲ 5.9% |
| Financial income75/76B | €665 | €2k | €20k | €20k | €12k | ▼ 40.3% |
| Recurring financial income75 | €665 | €2k | €20k | €20k | €12k | ▼ 40.3% |
| Financial charges65/66B | €53 | €74 | €3k | €2k | €12k | ▲ 660% |
| Recurring financial charges65 | €53 | €74 | €3k | €2k | €12k | ▲ 660% |
| Profit (loss) for the period before taxes9903 | €92k | €107k | €112k | €135k | €124k | ▼ 8.2% |
| Income taxes67/77 | €29k | €37k | €37k | €45k | €41k | ▼ 7.2% |
| Profit (loss) for the period9904 | €63k | €70k | €75k | €90k | €82k | ▼ 8.7% |
| Profit (loss) for the period to be appropriated9905 | €63k | €70k | €75k | €90k | €82k | ▼ 8.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €393k | €448k | €525k | €598k | €615k | ▲ 3.0% |
| Fixed assets21/28 | €39k | €31k | €65k | €64k | €82k | ▲ 27.1% |
| Tangible fixed assets22/27 | €39k | €31k | €65k | €64k | €82k | ▲ 27.1% |
| Plant, machinery and equipment23 | €2k | €4k | €8k | €7k | €14k | ▲ 110% |
| Furniture and vehicles24 | €37k | €27k | €56k | €58k | €68k | ▲ 17.7% |
| Financial fixed assets28 | €12 | €12 | - | - | - | - |
| Current assets29/58 | €354k | €418k | €460k | €533k | €533k | = |
| Amounts receivable within one year40/41 | €52k | €52k | €74k | €87k | €78k | ▼ 11.0% |
| Trade receivables40 | €48k | €47k | €68k | €81k | €69k | ▼ 15.6% |
| Other amounts receivable41 | €5k | €5k | €6k | €6k | €9k | ▲ 50.6% |
| Current investments50/53 | €141k | €141k | €102k | €108k | €272k | ▲ 152% |
| Cash at bank and in hand54/58 | €157k | €221k | €281k | €334k | €177k | ▼ 46.9% |
| Deferred charges and accrued income490/1 | €3k | €3k | €4k | €4k | €7k | ▲ 70.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €393k | €448k | €525k | €598k | €615k | ▲ 3.0% |
| Equity10/15 | €346k | €416k | €475k | €544k | €568k | ▲ 4.4% |
| Contributions10/11 | €13k | €13k | €13k | €13k | €13k | = |
| Reserves13 | €191k | €262k | €321k | €390k | €414k | ▲ 6.2% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | €190k | €262k | €321k | €390k | €414k | ▲ 6.2% |
| Profit (loss) carried forward14 | €142k | €142k | €142k | €142k | €142k | = |
| Amounts payable17/49 | €47k | €32k | €50k | €53k | €47k | ▼ 12.1% |
| Amounts payable within one year42/48 | €47k | €32k | €50k | €53k | €47k | ▼ 12.1% |
| Trade debts44 | €2k | €4k | €3k | €10k | €4k | ▼ 64.1% |
| Suppliers440/4 | €2k | €4k | €3k | €10k | €4k | ▼ 64.1% |
| Taxes, remuneration and social security45 | €22k | €27k | €43k | €40k | €39k | ▼ 1.1% |
| Taxes450/3 | €11k | €16k | €19k | €13k | €10k | ▼ 23.1% |
| Remuneration and social security454/9 | €10k | €11k | €24k | €27k | €29k | ▲ 9.5% |
| Other amounts payable47/48 | €24k | €2k | €3k | €3k | €4k | ▲ 14.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63k | €70k | €75k | €90k | €82k | ▼ 8.7% |
| + Depreciation and write-downs630 | €13k | €14k | €14k | €24k | €32k | ▲ 33.8% |
| Operating cash flow (approximation) | €75k | €84k | €89k | €114k | €114k | ▲ 0.2% |
| Investment in fixed assets (approximation) | - | €-6k | €-48k | €-23k | €-49k | ▼ 110% |
| Change in cash | - | €64k | €60k | €53k | €-157k | ▼ 394% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Highest result since 2018net €90k ▲19.9%
Net result €90k, the highest in the series.
31-12
Financial
Equity above €500kEq €544k ▲14.5%
7 profitable years in a row build equity to €544k.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €42k ▼25.6%
Net result drops to €42k, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 16.26
Current ratio from 5.88 to 16.26; short-term debt falls from €39k to €17k.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Grobbendonk · 1 establishment unit since 1999
Ground area
4,144 m²
Building footprint
146 m²
Volume, LiDAR
1,008 m³
Parcel 13010C0053/00W004, Flanders · tallest building 15.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Heibloemlaan 22, 2280 Grobbendonk
since 19992.090.856.477
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010C0053/00W004 | Flanders | 4,144 m² | 1 · 145 m² | 15.4 m · 2 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.
Similar companies · same sector, comparable size
ERENS
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Chaudfontaine · Eq €567,717
Hamster Cleaning
BE 0546.543.431
Genk · Eq €569,686
STASSE NETTOYAGE
BE 0429.990.112
Rochefort · Eq €570,139
VIDANGE BRUTOUT
BE 0870.992.593
Braine-le-Château · Eq €570,783
Of 6,997 companies in sector 81220 we hold annual accounts for 2,414. 1,310 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
Founded16-03-1999
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
43240Other construction installation
Scores and ratios are computed by Checked and are not a credit decision.