CORRONET
ActiveSummary
CORRONET has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of -€417,292. Equity is shrinking by ~3.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-41
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160,000 at 30 days acceptable
Liquidity ample (current ratio 1.8 against 2.69 in 2024; short-term debt: 22.9% and cash: 0.1% of total assets), and 23.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
76.4%
Return on assets
-10.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
30 d early
2023
2 d early
2022
7 d early
2021
20 d early
2020
16 d late
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 11 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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. Usually files around 13 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€417,292
2024 · €214,535
Working capital
€699,276▼ 36.0%
2024 · €1.1m
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-€17,629▼ 56.6%-€7,128▲ 59.6%-€9,005▼ 26.3%-€5,356▲ 40.5%-€805,384▼ 14,936%
Net result-€442,478€131,960€212,945▲ 61.4%€214,535▲ 0.7%-€417,292
Equity€3.6m▼ 11.0%€3.7m▲ 3.7%€3.1m▼ 15.8%€3.3m▲ 6.8%€2.9m▼ 12.5%
Total assets€4.5m▼ 17.0%€4.5m▲ 0.3%€3.9m▼ 15.2%€4.0m▲ 3.6%€3.8m▼ 4.0%
Debt€945,904▼ 34.1%€827,914▼ 12.5%€721,220▼ 12.9%€646,563▼ 10.4%€904,576▲ 39.9%
Working capital€152,810▼ 82.9%€281,252▲ 84.1%€888,987▲ 216%€1.1m▲ 22.9%€699,276▼ 36.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €805,384 in 2025 against €5,356 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.8m
Fixed assets
€2.3m =
Current assets
€1.6m ▼ 9.2%
Equity and liabilities €3.8m
Equity
€2.9m ▼ 12.5%
Debt
€904,576 ▲ 39.9%
Debt's share of the balance-sheet total rises from 16.2% to 23.6%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.80▼
2024 · 2.69
Debt to equity
0.31▲
2024 · 0.19
ROE
-14.2%▼
2024 · 6.4%
ROA
-10.9%▼
2024 · 5.4%
Debt ≤ 1 year
€879,339▲
2024 · €645,285
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,500 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,467 | €6,467 | €6,467 | - | - | - |
| Other operating charges640/8 | €868 | €877 | €960 | €968 | €998 | ▲ 3.2% |
| Non-recurring operating charges66A | - | - | - | - | €800,000 | - |
| Gross operating margin9900 | -€10,294 | €215 | -€1,578 | -€4,389 | -€4,385 | ▲ 0.1% |
| Operating profit (loss)9901 | -€17,629 | -€7,128 | -€9,005 | -€5,356 | -€805,384 | ▼ 14,936% |
| Financial income75/76B | €52,062 | €146,473 | €233,143 | €223,355 | €397,682 | ▲ 78.0% |
| Recurring financial income75 | €52,062 | €146,473 | €233,143 | €223,355 | €397,682 | ▲ 78.0% |
| Financial charges65/66B | €476,455 | €6,878 | €10,575 | €3,464 | €9,590 | ▲ 177% |
| Recurring financial charges65 | €7,932 | €6,878 | €10,575 | €3,464 | €9,590 | ▲ 177% |
| Non-recurring financial charges66B | €468,524 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€442,022 | €132,468 | €213,562 | €214,535 | -€417,292 | ▼ 295% |
| Income taxes67/77 | €456 | €507 | €618 | - | - | - |
| Profit (loss) for the period9904 | -€442,478 | €131,960 | €212,945 | €214,535 | -€417,292 | ▼ 295% |
| Profit (loss) for the period to be appropriated9905 | -€442,478 | €131,960 | €212,945 | €214,535 | -€417,292 | ▼ 295% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.5m | €4.5m | €3.9m | €4.0m | €3.8m | ▼ 4.0% |
| Fixed assets21/28 | €3.5m | €3.5m | €2.3m | €2.3m | €2.3m | = |
| Tangible fixed assets22/27 | €12,933 | €6,467 | - | - | - | - |
| Furniture and vehicles24 | €12,933 | €6,467 | - | - | - | - |
| Financial fixed assets28 | €3.5m | €3.5m | €2.3m | €2.3m | €2.3m | = |
| Current assets29/58 | €1.1m | €1.1m | €1.6m | €1.7m | €1.6m | ▼ 9.2% |
| Amounts receivable within one year40/41 | €873,226 | €810,037 | €1.4m | €1.5m | €1.4m | ▼ 6.3% |
| Trade receivables40 | €24,000 | €72,750 | €25,500 | - | - | - |
| Other amounts receivable41 | €849,226 | €737,287 | €1.3m | €1.5m | €1.4m | ▼ 6.3% |
| Current investments50/53 | €142,098 | €160,576 | €221,673 | €245,403 | €178,684 | ▼ 27.2% |
| Cash at bank and in hand54/58 | €51,071 | €116,218 | €4,044 | €3,247 | €4,278 | ▲ 31.7% |
| Deferred charges and accrued income490/1 | - | - | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.5m | €4.5m | €3.9m | €4.0m | €3.8m | ▼ 4.0% |
| Equity10/15 | €3.6m | €3.7m | €3.1m | €3.3m | €2.9m | ▼ 12.5% |
| Contributions10/11 | €3.8m | €3.8m | €3.0m | €3.0m | €3.0m | = |
| Capital10 | €3.8m | €3.8m | €3.0m | €3.0m | €3.0m | = |
| Issued capital100 | €3.8m | €3.8m | €3.0m | €3.0m | €3.0m | = |
| Reserves13 | €40,000 | €40,000 | €45,000 | €56,000 | €56,000 | = |
| Non-distributable reserves130/1 | €40,000 | €40,000 | €45,000 | €56,000 | €56,000 | = |
| Legal reserve130 | €40,000 | €40,000 | €45,000 | €56,000 | €56,000 | = |
| Profit (loss) carried forward14 | -€250,081 | -€118,121 | €89,824 | €293,359 | -€123,932 | ▼ 142% |
| Amounts payable17/49 | €945,904 | €827,914 | €721,220 | €646,563 | €904,576 | ▲ 39.9% |
| Amounts payable after more than one year17 | €31,296 | €21,312 | €11,169 | - | - | - |
| Financial debts170/4 | €31,296 | €21,312 | €11,169 | - | - | - |
| Amounts payable within one year42/48 | €913,585 | €805,580 | €709,028 | €645,285 | €879,339 | ▲ 36.3% |
| Current portion of amounts payable after more than one year42 | - | - | €10,142 | €11,169 | - | - |
| Financial debts43 | €897,749 | €800,667 | €164,191 | €151,530 | €197,949 | ▲ 30.6% |
| Credit institutions430/8 | €135,041 | €135,746 | - | - | €125,000 | - |
| Other loans439 | €762,708 | €664,921 | €164,191 | €151,530 | €72,949 | ▼ 51.9% |
| Trade debts44 | €1,076 | €2,202 | €995 | €1,022 | €300,125 | ▲ 29,254% |
| Suppliers440/4 | €1,076 | €2,202 | €995 | €1,022 | €300,125 | ▲ 29,254% |
| Other amounts payable47/48 | €14,760 | €2,710 | €533,700 | €481,564 | €381,264 | ▼ 20.8% |
| Accrued charges and deferred income492/3 | €1,022 | €1,022 | €1,022 | €1,278 | €25,237 | ▲ 1,875% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€442,478 | €131,960 | €212,945 | €214,535 | -€417,292 | ▼ 295% |
| + Depreciation and write-downs630 | €6,467 | €6,467 | €6,467 | - | - | - |
| Operating cash flow (approximation) | -€436,011 | €138,427 | €219,412 | €214,535 | -€417,292 | ▼ 295% |
| Investment in fixed assets (approximation) | - | €0 | €1.2m | €0 | €0 | - |
| Change in cash | - | €65,147 | -€112,174 | -€797 | €1,031 | ▲ 229% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €131,960
Net result €131,960 after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€442,478
Net result drops to -€442,478, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
2020
31-12
Financial
Back to profitnet €242,725
Net result €242,725 after 2 loss-making years.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Schaarbeek · 1 establishment unit since 2001
Ground area
310 m²
Building footprint
177 m²
Volume, LiDAR
3,123 m³
Parcel 21905C0072/00V003, Brussels · tallest building 21.2 m, ±6 floors. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
Diamantlaan 24, 1030 Schaarbeek
since 20012.101.238.645
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0072/00V003 | Brussels | 310 m² | 1 · 177 m² | 21.2 m · 6 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.
Recognitions · licences · registrations
Legal Entity Identifier
89450006RSI04G1SAA78
Identification & contact
Identification
Legal formPublic limited company
Founded02-03-2001
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.