Corsega
ActiveCorsega has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155k and a net result of €35k. Equity is growing by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 34% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▲+1
Solvency36▲+2
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.58 in 2024; short-term debt: 4.8% and cash: 1.1% of total assets), and 88.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
11.4%
Return on assets
2.6%
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 01-07-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
28 d early
2023
5 d early
2022
28 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€155k▲ 29.0%
2024 · €120k
2022: €48k
2023: €82k
2024: €120k
2022 → 2025
Total assets
€1.35M▼ 1.3%
2024 · €1.37M
2022: €1.23M
2023: €1.39M
2024: €1.37M
2022 → 2025
Net result
€35k▼ 8.9%
2024 · €38k
2022: €-12k
2023: €34k
2024: €38k
2022 → 2025
Working capital
€-4k▲ 88.7%
2024 · €-36k
2022: €-381k
2023: €-36k
2024: €-36k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€48k-€82k▲ 71.3%€120k▲ 46.8%€155k▲ 29.0%
Operating result€8k-€79k▲ 929%€82k▲ 4.0%€85k▲ 2.6%
Net result€-12k-€34k€38k▲ 12.3%€35k▼ 8.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.35M
Fixed assets
€1.29M▼ 2.2%
Current assets
€61k▲ 21.9%
Equity and liabilities €1.35M
Equity
€155k▲ 29.0%
Debt
€1.20M▼ 4.2%
The debt ratio falls from 91.2% to 88.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€118k▲
2024 · €116k
Cash flow
€68k▼
2024 · €71k
Solvency
11.4%▲
2024 · 8.8%
Current ratio
0.94▲
2024 · 0.58
Quick ratio
0.94▲
2024 · 0.58
Debt / equity
7.74▼
2024 · 10.42
ROE
22.5%▼
2024 · 31.9%
ROA
2.6%▼
2024 · 2.8%
Interest coverage
2.79▲
2024 · 2.67
Debt
€1.20M▼
2024 · €1.25M
Debt ≤ 1 year
€65k▼
2024 · €85k
Debt > 1 year
€1.13M▼
2024 · €1.16M
Income taxes
€8k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.37M€1.35M▼
Fixed assets21/28€1.32M€1.29M▼
Tangible fixed assets22/27€1.32M€1.29M▼
Land and buildings22€1.32M€1.29M▼
Plant, machinery and equipment23-€4k
Furniture and vehicles24-€806
Current assets29/58€50k€61k▲
Amounts receivable after more than one year29€22k€44k▲
Other amounts receivable291€22k€44k▲
Amounts receivable within one year40/41€0€713▲
Trade receivables40€0-
Other amounts receivable41€0€713▲
Cash at bank and in hand54/58€28k€14k▼
Deferred charges and accrued income490/1€436€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.37M€1.35M▼
Equity10/15€120k€155k▲
Contributions10/11€60k€60k=
Reserves13€60k€95k▲
Distributable reserves133€60k€95k▲
Amounts payable17/49€1.25M€1.20M▼
Amounts payable after more than one year17€1.16M€1.13M▼
Financial debts170/4€1.16M€1.13M▼
Amounts payable within one year42/48€85k€65k▼
Current portion of amounts payable after more than one year42€51k€55k▲
Trade debts44€24k€1k▼
Suppliers440/4€24k€1k▼
Taxes, remuneration and social security45€8k€8k▲
Taxes450/3€8k€8k▲
Other amounts payable47/48€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€34k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€117k€120k▲
Operating profit (loss)9901€82k€85k▲
Financial income75/76B€436€883▲
Recurring financial income75€436€883▲
Financial charges65/66B€43k€42k▼
Recurring financial charges65€43k€42k▼
Profit (loss) for the period before taxes9903€39k€43k▲
Income taxes67/77€1k€8k▲
Profit (loss) for the period9904€38k€35k▼
Profit (loss) for the period to be appropriated9905€38k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€35k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€38k€35k▼
To other reserves6921€38k€35k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €155k ▲29%
3 profitable years in a row build equity to €155k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €38k ▲12.3%
Net result €38k, the highest in the series.
31-12
Financial
Equity above €100kEq €120k ▲46.8%
2 profitable years in a row build equity to €120k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 2 establishment units since 2021
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.
Theophiel Roucourtstraat 102600 AntwerpenGround area
2,768 m²
Building footprint
1,325 m²
Volume, LiDAR
13,891 m³
2 parcels, Flanders · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Corsega
since 20212.319.392.239
Corsega
since 20212.359.948.434
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003B0001/00D010 | Flanders | 2,569 m² | 1 · 1,188 m² | 13.7 m · 4 fl. |
| 11303B0375/00X003 | Flanders | 199 m² | 1 · 137 m² | 14.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,117 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2021
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.