Losses
-€9,778 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
CORSO
Lifetime
17 annual accounts with figures on one time axis, 28 filings since 1998peak €224,289 (2023)
€41,340▼ 16.9%
lowest -€86,490 (2012)
-€5,481▼ €1,184
peak €160,212 (2023)
€150,434▼ 3.5%
€238,074▼ 26.5%
peak 5 FTE (2011)
-not published
Board1 name since 2021
1 directorBarbaduomo Franco
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €49,757 to €41,340Loss of €5,481Debts from €324,083 to €238,074Cash from €583 to €0
Key points
from the 2025 annual accountsChecked score
67
Healthy
Financially stronger than 42% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%lowest value
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.5%▲ +0.1 percentage points vs 04-2025
06-2025: 0.4%▼ -0.1 percentage points vs 05-2025
07-2025: 0.6%▲ +0.2 percentage points vs 06-2025
08-2025: 0.9%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.7%▼ -0.2 percentage points vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.8%▲ +0.1 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.7%▼ -0.1 percentage points vs 05-2026
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Liquidity: current ratio 6.51, cash €0, halved
Size: total assets €388,508
lowers risk
Founded in 1996
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 58% of them on solvency, 49% on liquidity, 25% on profitability and 36% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as CORSO has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CORSO itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for CORSO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.51 (2.58 in 2024), above the usual 1.5. Short-term debt is 5.9% and cash 0% of total assets. However, 61.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,481
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 days late
2023
on the day
2022
7 days early
2021
10 days late
2020
4 days late
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0458800595
First establishment
Les saveurs de Franco, Rue Lambert Louis 57, Charleroi
Incorporation
published on 28-09-1996 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CORSO Ham-sur-Heure-Nalinnes | €388,508 | €41,340 | 38.7% | - |
| BRASSERIE PINOT GRIS Heusden-Zolder | €383,002 | €39,209 | 25.1% | - |
| MAXTORIA Verviers | €399,699 | €44,176 | 47.0% | - |
| MR CONSTRUCT Ninove | €397,723 | €35,879 | 86.1% | - |
| CHRIST EN BRIGITTE Middelkerke | €455,443 | €46,063 | 57.6% | - |
| DIMANET Charleroi | €310,122 | €41,355 | 69.5% | - |
| PICABO Ghent | €477,225 | €43,914 | 34.9% | - |
These companies have the same main activity as CORSO: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €310,000 and €477,000, founded between 1991 and 1999.
Official details
Source: KBO- Status
- Active since 17-09-1996Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Establishment unit
- 2.231.471.3406040 Charleroi, since 01-06-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 02-04-2025
Annual accounts 2025
- ≈ €210,000estimated
- €388,508▼ 19.1%
- ≈ 0.6 FTEestimated
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on CORSO
CORSO files the micro format. That format states no turnover. The gross margin fell from €137,381 in 2009 to €41,340 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CORSO
- What is the company number of CORSO?
- The company number of CORSO is 0458.800.595. The VAT number is the same number with BE in front: BE 0458.800.595.
- Where is CORSO based?
- The registered office is at Chemin du Haut Bruard 102, 6120 Ham-sur-Heure-Nalinnes.Company details
- What does CORSO do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of CORSO?
- CORSO is a private limited company (pre-2019) (BVBA).
- When was CORSO founded?
- CORSO was founded on 17-09-1996.
- Is CORSO still active?
- Yes, CORSO is an active enterprise in the KBO register.
- What is the turnover of CORSO?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €41,340 and 60 comparable companies (NACE 56111). It probably lies between €160,000 and €270,000.Financials
- Is CORSO profitable?
- In financial year 2025, CORSO made a loss of €5,481.
- Where can I find the annual accounts of CORSO?
- CORSO filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CORSO due?
- CORSO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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