Corsendonk Services
ActiveCorsendonk Services has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €43k. Equity is growing by ~44.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 683 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▼-6
Solvency56▲+16
Growth85=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.82 against 2.92 in 2024; short-term debt: 32.8% of total assets), but 68.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
31.2%
Return on assets
20.1%
Age of the figures
13 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 20-03-2026, 11 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
11 d early
2024
3 d late
2023
20 d early
2022
25 d early
2021
13 d early
2020
65 d early
2019
13 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-08-2026 close18-09-2026 today31-03-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€295k▲ 296%
2023 · €75k
2021: €62k
2022: €75k
2023: €75k
2021 → 2024
EBIT margin
26.5%▼ 58.4pp
2023 · 84.9%
2021: 44.4%
2022: 59.3%
2023: 84.9%
2021 → 2024
Net result
€43k▼ 29.3%
2024 · €61k
2019: €27k
2020: €253
2021: €21k
2022: €39k
2023: €60k
2024: €61k
2019 → 2025
Working capital
€129k▲ 46.9%
2024 · €88k
2019: €-87k
2020: €-30k
2021: €-53k
2022: €-38k
2023: €19k
2024: €88k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€62k-€75k▲ 20.0%€75k=€295k▲ 296%
Equity€-136k-€-97k▲ 28.4%€-37k▲ 61.4%€24k€67k▲ 181%
Operating result€28k-€44k▲ 60.1%€63k▲ 43.1%€78k▲ 23.6%€71k▼ 9.5%
Net result€21k-€39k▲ 85.3%€60k▲ 54.8%€61k▲ 2.9%€43k▼ 29.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €216k
Fixed assets
€16k▼ 33.4%
Current assets
€200k▲ 49.6%
Equity and liabilities €216k
Equity
€67k▲ 181%
Debt
€149k▲ 11.2%
The debt ratio falls from 84.8% to 68.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€79k▼
2024 · €86k
Cash flow
€51k▼
2024 · €69k
Solvency
31.2%▲
2024 · 15.2%
Current ratio
2.82▼
2024 · 2.92
Quick ratio
2.82▼
2024 · 2.92
Debt / equity
2.21▼
2024 · 5.59
ROE
64.5%▼
2024 · 256.5%
ROA
20.1%▼
2024 · 38.9%
Interest coverage
22.71▼
2024 · 26.13
Debt
€149k▲
2024 · €134k
Debt ≤ 1 year
€71k▲
2024 · €46k
Debt > 1 year
€78k▼
2024 · €88k
Income taxes
€24k▲
2024 · €14k
Staff costs
€265k▲
2024 · €201k
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€158k€216k▲
Formation expenses20€0€0=
Fixed assets21/28€24k€16k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€23k€15k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€20k€13k▼
Financial fixed assets28€900€900=
Current assets29/58€134k€200k▲
Amounts receivable within one year40/41€110k€200k▲
Trade receivables40-€29k
Other amounts receivable41€110k€171k▲
Deferred charges and accrued income490/1€24k€813▼
Equity and liabilities
Total equity and liabilities10/49€158k€216k▲
Equity10/15€24k€67k▲
Contributions10/11€7k€7k=
Profit (loss) carried forward14€17k€60k▲
Amounts payable17/49€134k€149k▲
Amounts payable after more than one year17€88k€78k▼
Financial debts170/4€88k€78k▼
Amounts payable within one year42/48€46k€71k▲
Current portion of amounts payable after more than one year42-€2k
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€9k€11k▲
Suppliers440/4€9k€11k▲
Taxes, remuneration and social security45€37k€56k▲
Taxes450/3€20k€30k▲
Remuneration and social security454/9€17k€26k▲
Income statement
Code20242025
Turnover70€295k-
Goods, raw materials, services and sundry goods60/61€33k-
Remuneration, social security and pensions62€201k€265k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€2k€3k▲
Gross operating margin9900€289k€348k▲
Operating profit (loss)9901€78k€71k▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€75k€67k▼
Income taxes67/77€14k€24k▲
Profit (loss) for the period9904€61k€43k▼
Profit (loss) for the period to be appropriated9905€61k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€60k▲
Profit (loss) brought forward from the previous period14P€-44k€17k▲
Social balance
Average headcount (FTE)90872.93.6▲
The notes to these accounts (12 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
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
31-08
Financial
Highest result since 2019net €61k ▲2.9%
Operating result €78k, net result €61k, both a record.
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
Financial
Liquidity times 120current ratio 14.90
Current ratio from 0.12 to 14.90; short-term debt falls from €43k to €1k.
06-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
Financial
Weakest financial yearnet €253 ▼99.1%
Net result drops to €253, the lowest in the series; recovery starts the following year.
18-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Turnhout · 1 establishment unit since 2017
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.
Korte Vianenstraat 22300 TurnhoutGround area
7,228 m²
Building footprint
4,236 m²
Parcel 13453O0566/00A003, Flanders. Linked by address, not a title deed.
1 establishment unit
De Kolonie 5-7
since 20172.263.766.501
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0566/00A003 | Flanders | 7,228 m² | 1 · 4,235 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 149 EUR awarded · 149 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 149 EUR |
| 2024 | 1 | 149 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,395 companies in sector 55100 we hold annual accounts for 1,516. 973 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-04-2017
Fiscal year end31-08
Activities, NACEBEL
55100Hotels and similar accommodation
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.