CORSENDONCK
ActiveSummary
The computed 12-month bankruptcy probability of CORSENDONCK is 1.8% (moderate). For CORSENDONCK, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €172,190 and a net result of €33,337. Equity is growing by ~19.1% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability85▲+84
Solvency90▼-10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
65.2%
Return on assets
12.6%
Age of the figures
33 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
61 d late
2022
121 d late
2021
127 d late
2019
122 d late
2018
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 92 days after 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 (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€172,190▲ 24.0%
2022 · €138,852
Total assets
€264,204▲ 50.4%
2022 · €175,626
Net result
€33,337
2022 · -€24,398
Working capital
€145,214▲ 42.0%
2022 · €102,289
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
Line20182019202120222023
Operating result€13,629--€6,190-€1,940--€24,248▼ 1,150%€42,777
Net result€9,605-€93,771▲ 876%-€3,628--€24,398▼ 573%€33,337
Equity€22,005-€115,776▲ 426%€163,251-€138,852▼ 14.9%€172,190▲ 24.0%
Total assets€143,778-€159,700▲ 11.1%€214,227-€175,626▼ 18.0%€264,204▲ 50.4%
Debt€121,773-€43,924▼ 63.9%€50,977-€36,774▼ 27.9%€92,014▲ 150%
Working capital€11,562-€91,505▲ 691%€116,260-€102,289▼ 12.0%€145,214▲ 42.0%
Staff (FTE)1.5
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €42,777 after a loss of €24,248 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €264,204
Fixed assets
€26,976 ▼ 26.2%
Current assets
€237,229 ▲ 70.6%
Equity and liabilities €264,204
Equity
€172,190 ▲ 24.0%
Debt
€92,014 ▲ 150%
Debt's share of the balance-sheet total rises from 20.9% to 34.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53,204▲
2022 · -€13,820
Cash flow
€43,765▲
2022 · -€13,971
Current ratio
2.58▼
2022 · 3.78
Debt to equity
0.53▲
2022 · 0.26
ROE
19.4%▲
2022 · -17.6%
ROA
12.6%▲
2022 · -13.9%
Interest coverage
1364.22▲
2022 · -168.95
Debt ≤ 1 year
€92,014▲
2022 · €36,774
Income taxes
€9,401▲
2022 · €68
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €60,840 | - |
| Remuneration, social security and pensions62 | - | - | -€8,882 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €176 | €9,980 | €10,427 | €10,427 | = |
| Other operating charges640/8 | - | - | €3,170 | €3,845 | €362 | ▼ 90.6% |
| Non-recurring operating charges66A | - | - | €1,186 | - | - | - |
| Gross operating margin9900 | €55,265 | €79,463 | €3,514 | -€9,976 | €53,567 | ▲ 637% |
| Operating profit (loss)9901 | €13,629 | -€6,190 | -€1,940 | -€24,248 | €42,777 | ▲ 276% |
| Recurring financial income75 | - | €100,000 | - | - | - | - |
| Financial charges65/66B | - | - | €13 | €82 | €39 | ▼ 52.3% |
| Recurring financial charges65 | €24 | €40 | €13 | €82 | €39 | ▼ 52.3% |
| Profit (loss) for the period before taxes9903 | €13,605 | €93,771 | -€1,953 | -€24,330 | €42,738 | ▲ 276% |
| Income taxes67/77 | €4,000 | - | €1,675 | €68 | €9,401 | ▲ 13,640% |
| Profit (loss) for the period9904 | €9,605 | €93,771 | -€3,628 | -€24,398 | €33,337 | ▲ 237% |
| Profit (loss) for the period to be appropriated9905 | €9,605 | €93,771 | -€3,628 | -€24,398 | €33,337 | ▲ 237% |
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €143,778 | €159,700 | €214,227 | €175,626 | €264,204 | ▲ 50.4% |
| Fixed assets21/28 | €10,443 | €24,271 | €46,990 | €36,563 | €26,976 | ▼ 26.2% |
| Tangible fixed assets22/27 | - | €2,762 | €37,949 | €27,521 | €17,094 | ▼ 37.9% |
| Plant, machinery and equipment23 | - | - | €1,308 | €839 | €369 | ▼ 56.0% |
| Furniture and vehicles24 | - | - | €36,641 | €26,683 | €16,725 | ▼ 37.3% |
| Financial fixed assets28 | €10,443 | €21,509 | €9,042 | €9,042 | €9,882 | ▲ 9.3% |
| Current assets29/58 | €133,335 | €135,428 | €167,237 | €139,063 | €237,229 | ▲ 70.6% |
| Amounts receivable within one year40/41 | €131,917 | €134,771 | €166,242 | €137,210 | €215,498 | ▲ 57.1% |
| Trade receivables40 | - | - | €29,554 | €29,554 | €29,554 | = |
| Other amounts receivable41 | - | - | €136,688 | €107,656 | €185,944 | ▲ 72.7% |
| Cash at bank and in hand54/58 | €1,419 | €658 | €995 | €1,853 | €21,730 | ▲ 1,073% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €143,778 | €159,700 | €214,227 | €175,626 | €264,204 | ▲ 50.4% |
| Equity10/15 | €22,005 | €115,776 | €163,251 | €138,852 | €172,190 | ▲ 24.0% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | - | €12,400 | €12,400 | €12,400 | = |
| Issued capital100 | - | - | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €151,860 | €151,860 | €151,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €150,000 | €150,000 | €150,000 | = |
| Profit (loss) carried forward14 | €7,745 | €101,516 | -€1,010 | -€25,408 | €7,930 | ▲ 131% |
| Amounts payable17/49 | €121,773 | €43,924 | €50,977 | €36,774 | €92,014 | ▲ 150% |
| Amounts payable within one year42/48 | €121,773 | €43,924 | €50,977 | €36,774 | €92,014 | ▲ 150% |
| Trade debts44 | €7,547 | - | €26,312 | €36,726 | €32,014 | ▼ 12.8% |
| Suppliers440/4 | - | - | €26,312 | €36,726 | €32,014 | ▼ 12.8% |
| Taxes, remuneration and social security45 | - | - | €24,665 | €47 | - | - |
| Taxes450/3 | - | - | €24,665 | €47 | - | - |
| Other amounts payable47/48 | - | - | - | - | €60,000 | - |
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,605 | €93,771 | -€3,628 | -€24,398 | €33,337 | ▲ 237% |
| + Depreciation and write-downs630 | - | €176 | €9,980 | €10,427 | €10,427 | = |
| Operating cash flow (approximation) | €9,605 | €93,947 | €6,352 | -€13,971 | €43,765 | ▲ 413% |
| Investment in fixed assets (approximation) | - | -€14,005 | - | €0 | -€840 | - |
| Change in cash | - | -€761 | - | €858 | €19,877 | ▲ 2,217% |
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
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €33,337
Net result €33,337 after 2 loss-making years.
31-12
Financial
Equity above €150,000Eq €172,190 ▲24%
Equity rises from €138,852 to €172,190.
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
31-12
Financial
Weakest financial yearnet -€24,398
Net result drops to -€24,398, the lowest in the series; recovery starts the following year.
05-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 127 days late
2021
31-12
Financial
Equity above €150,000Eq €163,251 ▲41%
Equity rises from €115,776 to €163,251.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Highest result since 2018net €93,771 ▲876%
Net result €93,771, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 3.08
Current ratio from 1.09 to 3.08; short-term debt falls from €121,773 to €43,924.
31-12
Financial
Equity above €100,000Eq €115,776 ▲426%
2 profitable years in a row build equity to €115,776.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Kalmthout · 1 establishment unit since 2018
Ground area
1,056 m²
Building footprint
300 m²
Volume, LiDAR
2,086 m³
2 parcels, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CORSENDONCK
since 20182.275.784.306
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11022G0648/00F002 | Flanders | 718 m² | 1 · 141 m² | 9.0 m · 2 fl. |
| 11022G0291/00G004 | Flanders | 338 m² | 1 · 159 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded28-03-2018
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0692999573
Also
9925:BE0692999573
Registered
15-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.