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Corridor

Active
Private limited companyfounded 2016active for 10 yearsKerkstraat 108, 9050 Gent, Belgium102 active companies are registered at this addressKBO/BCE: BE 0655.819.176
Summary

Corridor has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138,638 and a net result of €8,486. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 42% of 2,547 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, abbreviated format

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€138,638▲ 6.5%
2024 · €130,152
Total assets
€349,986▲ 6.9%
2024 · €327,270
Net result
€8,486▼ 25.3%
2024 · €11,361
Working capital
€133,931▲ 6.2%
2024 · €126,054
Trend over the years

2022 to 2025, 5 financial years 2019 to 2025, 8 financial years

Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€26,595 2025 Net result€8,486 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222022202320242025
Operating result€22,924-€11,929▼ 48.0%€28,119▲ 136%€22,141▼ 21.3%€34,833-€34,606▼ 0.6%€27,857▼ 19.5%€26,595▼ 4.5%
Net result€20,434-€9,058▼ 55.7%€24,216within the sector's middle half▲ 167%€18,354within the sector's middle half▼ 24.2%€21,827within the sector's middle half-€19,144within the sector's middle half▼ 12.3%€11,361within the sector's middle half▼ 40.7%€8,486within the sector's middle half▼ 25.3%
Equity€45,192-€54,250▲ 20.0%€78,466within the sector's middle half▲ 44.6%€96,821within the sector's middle half▲ 23.4%€118,647within the sector's middle half-€137,792within the sector's middle half▲ 16.1%€130,152within the sector's middle half▼ 5.5%€138,638within the sector's middle half▲ 6.5%
Total assets€159,556-€224,586▲ 40.8%€294,258within the sector's middle half▲ 31.0%€276,589within the sector's middle half▼ 6.0%€322,032within the sector's middle half-€325,512within the sector's middle half▲ 1.1%€327,270within the sector's middle half▲ 0.5%€349,986within the sector's middle half▲ 6.9%
Debt€114,365-€170,336▲ 48.9%€215,791▲ 26.7%€179,769▼ 16.7%€203,385-€187,721▼ 7.7%€197,118▲ 5.0%€211,348▲ 7.2%
Working capital€7,282-€89,708▲ 12×€113,465above the sector's middle half▲ 26.5%€131,223within the sector's middle half▲ 15.7%€125,441within the sector's middle half-€116,166within the sector's middle half▼ 7.4%€126,054within the sector's middle half▲ 8.5%€133,931within the sector's middle half▲ 6.2%
Solvency28.3%-24.2%▼ 4.2pp26.7%within the sector's middle half▲ 2.5pp35.0%within the sector's middle half▲ 8.3pp36.8%within the sector's middle half-42.3%within the sector's middle half▲ 5.5pp39.8%within the sector's middle half▼ 2.6pp39.6%within the sector's middle half▼ 0.2pp
Current ratio1.07-2.02▲ 0.951.73within the sector's middle half▼ 0.292.04within the sector's middle half▲ 0.301.77within the sector's middle half-1.67within the sector's middle half▼ 0.101.78within the sector's middle half▲ 0.111.74within the sector's middle half▼ 0.04
Return on assets (ROA)12.8%-4.0%▼ 8.8pp8.2%within the sector's middle half▲ 4.2pp6.6%within the sector's middle half▼ 1.6pp6.8%within the sector's middle half-5.9%within the sector's middle half▼ 0.9pp3.5%within the sector's middle half▼ 2.4pp2.4%within the sector's middle half▼ 1.0pp
Staff (FTE)3-3.6▲ 20.0%4.2▲ 16.7%4.4within the sector's middle half▲ 4.8%3.9within the sector's middle half-3.9within the sector's middle half=4.7within the sector's middle half▲ 20.5%5.2within the sector's middle half▲ 10.6%
above within below the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €349,986
Fixed assets €35,439 ▼ 11.5%
Current assets €314,547 ▲ 9.5%
Equity and liabilities €349,986
Equity €138,638 ▲ 6.5%
Debt €211,348 ▲ 7.2%
Debt's share of the balance-sheet total rises from 60.2% to 60.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€39,657▼
2024 · €43,285
Cash flow
€21,548▼
2024 · €26,789
Quick ratio
1.36▼
2024 · 1.51
Debt to equity
1.52▲
2024 · 1.51
ROE
6.1%▼
2024 · 8.7%
Interest coverage
3.88▼
2024 · 4.92
Debt ≤ 1 year
€180,616▲
2024 · €161,158
Debt > 1 year
€29,281▼
2024 · €31,023
Income taxes
€8,163▲
2024 · €7,883
Staff costs
€344,030▲
2024 · €299,452
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95.1% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,445 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 10,904 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 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€327,270€349,986▲
Fixed assets21/28€40,059€35,439▼
Intangible fixed assets21€939€233▼
Tangible fixed assets22/27€30,540€24,346▼
Plant, machinery and equipment23€19,985€13,730▼
Furniture and vehicles24€10,555€10,616▲
Financial fixed assets28€8,580€10,860▲
Current assets29/58€287,212€314,547▲
Stocks and contracts in progress3€44,607€69,211▲
Contracts in progress37€44,607€69,211▲
Amounts receivable within one year40/41€86,387€73,505▼
Trade receivables40€78,057€73,337▼
Other amounts receivable41€8,330€168▼
Cash at bank and in hand54/58€144,369€157,147▲
Deferred charges and accrued income490/1€11,848€14,684▲
Equity and liabilities
Total equity and liabilities10/49€327,270€349,986▲
Equity10/15€130,152€138,638▲
Contributions10/11€100,000€100,000=
Profit (loss) carried forward14€30,152€38,638▲
Amounts payable17/49€197,118€211,348▲
Amounts payable after more than one year17€31,023€29,281▼
Financial debts170/4€31,023€29,281▼
Amounts payable within one year42/48€161,158€180,616▲
Current portion of amounts payable after more than one year42€37,963€38,204▲
Financial debts43€8,364-
Other loans439€8,364-
Trade debts44€31,122€40,583▲
Suppliers440/4€31,122€40,583▲
Advances received on contracts in progress46€19,000-
Taxes, remuneration and social security45€62,227€97,091▲
Taxes450/3€25,428€39,595▲
Remuneration and social security454/9€36,799€57,496▲
Other amounts payable47/48€2,482€4,738▲
Accrued charges and deferred income492/3€4,937€1,452▼
Income statement Code20242025
Remuneration, social security and pensions62€299,452€344,030▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,428€13,062▼
Other operating charges640/8€1,687€1,647▼
Gross operating margin9900€344,424€385,334▲
Operating profit (loss)9901€27,857€26,595▼
Financial income75/76B€189€281▲
Recurring financial income75€189€281▲
Financial charges65/66B€8,802€10,227▲
Recurring financial charges65€8,802€10,227▲
Profit (loss) for the period before taxes9903€19,244€16,649▼
Income taxes67/77€7,883€8,163▲
Profit (loss) for the period9904€11,361€8,486▼
Profit (loss) for the period to be appropriated9905€11,361€8,486▼
Appropriation of the result
Profit (loss) to be appropriated9906€49,152€38,638▼
Profit (loss) brought forward from the previous period14P€37,792€30,152▼
Profit to be distributed694/7€19,000-
Return on contributions (dividend)694€19,000-
Social balance sheet
Average headcount (FTE)90874.75.2▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222022202320242025Change
Non-recurring operating income76A-----€2,265---
Remuneration, social security and pensions62---€216,271€205,619€246,072€299,452€344,030▲ 14.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,626€20,188€16,973€11,640€8,738€13,093€15,428€13,062▼ 15.3%
Other operating charges640/8---€1,758€1,749€1,689€1,687€1,647▼ 2.4%
Non-recurring operating charges66A----€167----
Gross operating margin9900€130,821€199,887€258,923€251,810€251,106€295,461€344,424€385,334▲ 11.9%
Operating profit (loss)9901€22,924€11,929€28,119€22,141€34,833€34,606€27,857€26,595▼ 4.5%
Financial income75/76B---€0€262€68€189€281▲ 48.6%
Recurring financial income75€2€12€82€0€262€68€189€281▲ 48.6%
Financial charges65/66B---€3,640€4,131€6,696€8,802€10,227▲ 16.2%
Recurring financial charges65€2,215€2,688€3,827€3,640€4,131€6,696€8,802€10,227▲ 16.2%
Profit (loss) for the period before taxes9903€20,711€9,252€24,374€18,501€30,964€27,978€19,244€16,649▼ 13.5%
Income taxes67/77€277€194€158€147€9,138€8,834€7,883€8,163▲ 3.6%
Profit (loss) for the period9904€20,434€9,058€24,216€18,354€21,827€19,144€11,361€8,486▼ 25.3%
Profit (loss) for the period to be appropriated9905€20,434€9,058€24,216€18,354€21,827€19,144€11,361€8,486▼ 25.3%
Line20192020202120222022202320242025Change
Assets
Total assets20/58€159,556€224,586€294,258€276,589€322,032€325,512€327,270€349,986▲ 6.9%
Formation expenses20€8,909€4,455€0------
Fixed assets21/28€40,348€42,643€25,758€18,769€33,399€36,383€40,059€35,439▼ 11.5%
Intangible fixed assets21€21,824€25,912€15,176€9,159€6,020€2,589€939€233▼ 75.1%
Tangible fixed assets22/27€14,764€10,761€3,583€2,610€20,359€23,454€30,540€24,346▼ 20.3%
Plant, machinery and equipment23---€2,610€6,615€14,761€19,985€13,730▼ 31.3%
Furniture and vehicles24----€13,744€8,693€10,555€10,616▲ 0.6%
Financial fixed assets28€3,760€5,970€7,000€7,000€7,020€10,340€8,580€10,860▲ 26.6%
Current assets29/58€110,299€177,488€268,499€257,820€288,633€289,130€287,212€314,547▲ 9.5%
Stocks and contracts in progress3€0€127,900€163,802€119,045€94,813€69,511€44,607€69,211▲ 55.2%
Contracts in progress37---€119,045€94,813€69,511€44,607€69,211▲ 55.2%
Amounts receivable within one year40/41€109,045€43,377€29,936€24,900€86,665€114,885€86,387€73,505▼ 14.9%
Trade receivables40---€23,032€86,331€113,719€78,057€73,337▼ 6.0%
Other amounts receivable41---€1,868€334€1,166€8,330€168▼ 98.0%
Current investments50/53€0--------
Cash at bank and in hand54/58€1,254€222€68,152€107,854€99,693€94,396€144,369€157,147▲ 8.9%
Deferred charges and accrued income490/1---€6,021€7,462€10,339€11,848€14,684▲ 23.9%
Equity and liabilities
Total equity and liabilities10/49€159,556€224,586€294,258€276,589€322,032€325,512€327,270€349,986▲ 6.9%
Equity10/15€45,192€54,250€78,466€96,821€118,647€137,792€130,152€138,638▲ 6.5%
Contributions10/11€100,000€100,000€100,000€100,000€100,000€100,000€100,000€100,000=
Capital10---€100,000-----
Issued capital100---€100,000-----
Profit (loss) carried forward14-€54,808-€45,750-€21,534-€3,179€18,647€37,792€30,152€38,638▲ 28.1%
Amounts payable17/49€114,365€170,336€215,791€179,769€203,385€187,721€197,118€211,348▲ 7.2%
Amounts payable after more than one year17€11,348€82,556€60,757€41,826€25,730€11,945€31,023€29,281▼ 5.6%
Financial debts170/4---€41,826€25,730€11,945€31,023€29,281▼ 5.6%
Amounts payable within one year42/48€103,017€87,780€155,034€126,597€163,192€172,963€161,158€180,616▲ 12.1%
Current portion of amounts payable after more than one year42---€32,633€37,386€58,198€37,963€38,204▲ 0.6%
Financial debts43------€8,364--
Other loans439------€8,364--
Trade debts44€57,726€43,192€83,551€53,836€56,653€47,972€31,122€40,583▲ 30.4%
Suppliers440/4---€53,836€56,653€47,972€31,122€40,583▲ 30.4%
Advances received on contracts in progress46------€19,000--
Taxes, remuneration and social security45---€39,479€69,153€58,886€62,227€97,091▲ 56.0%
Taxes450/3---€8,393€26,565€25,473€25,428€39,595▲ 55.7%
Remuneration and social security454/9---€31,085€42,588€33,413€36,799€57,496▲ 56.2%
Other amounts payable47/48---€650-€7,907€2,482€4,738▲ 90.9%
Accrued charges and deferred income492/3---€11,346€14,463€2,813€4,937€1,452▼ 70.6%
Line20192020202120222022202320242025Change
Profit (loss) for the period9904€20,434€9,058€24,216€18,354€21,827€19,144€11,361€8,486▼ 25.3%
+ Depreciation and write-downs630€17,626€20,188€16,973€11,640€8,738€13,093€15,428€13,062▼ 15.3%
Operating cash flow (approximation)€38,060€29,246€41,189€29,994€30,565€32,237€26,789€21,548▼ 19.6%
Investment in fixed assets (approximation)--€22,484-€88-€4,650--€16,077-€19,104-€8,443▲ 55.8%
Change in cash--€1,032€67,930€39,702--€5,297€49,974€12,778▼ 74.4%

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 (10)
Financial year Type Filed Reference
31-12-2025 abbreviated format 17-06-2026 2026-00168772
31-12-2024 abbreviated format 04-07-2025 2025-00230604
31-12-2023 abbreviated format 12-07-2024 2024-00245110
31-12-2022 abbreviated format 24-08-2023 2023-00349248
31-01-2022 micro format 29-09-2022 2022-20440196
31-01-2021 micro format 29-07-2021 2021-42400282
31-01-2020 micro format 17-09-2020 2020-53900177
31-01-2019 abbreviated format 05-06-2019 2019-16100225
31-01-2018 abbreviated format 21-08-2018 2018-47000265
31-01-2017 abbreviated format 23-09-2017 2017-62700597

Similar companies · same sector, comparable size

Of the 11,527 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,755. 5,380 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 3 entries · €1,539 awarded · €1,539 paid
Year Entries AwardedPaid
2025 1 €1,246€1,246
2023 1 €0€293
2022 1 €293€0
Schemes
3 entries · €1,539 · €1,539 paid · Fonds voor Innoveren en Ondernemen

Public contracts

1 award · 2024
Opmaak Transitieplannen voor de verduurzaming van regionale bedrijventerreinen in West-Vlaanderen & juridisch advies, volgens het concept Bedrijventerreinen van de Toekomst: Landschappelijke en ecologische kwaliteit
buyer: Provinciale Ontwikkelingsmaatschappij West-VlaanderenBusiness servicesawarded 09-01-2024€88,8008 tendersTED 659024-2025

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.