CORTA-NOVA

Active

Private limited companyfounded 2021active for 4 yearsStuivenberg 48, 9570 Lierde, BelgiumKBO/BCE: BE 0778.677.101

Summary

The computed 12-month bankruptcy probability of CORTA-NOVA is 8.1% (elevated). For CORTA-NOVA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€6,813) and a net result of -€10,804. Its solvency ranks better than 15% of 501 sector peers (NACE 31, financial year 2023). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

CORTA-NOVAActive

Risk analysis Report Compare

Activity

Manufacture of furniture

NACE 31009

1 site

Size

€43,312total assets 2023

Equity: -€6,813
Loss: -€10,804

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 8.1%

2023 figures too old to score

Structure

Accounts 438 days overdue0 of 1 deed read

Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 21 days late; 1 of the last 3 lateFigures for financial year 2023 (filed 22-08-2024)No filing in 24 months (latest 22-08-2024)Two or more financial years not filedlowers riskLiquidity: current ratio 9.13, cash €25,601neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Weak

Solvency 9-23

equity -15.7% of total assets

Liquidity 100+26

short-term debt 10.4% · cash 59.1%

Profitability 0-24

return on assets -24.9%

Bankruptcy probability, 12 months

8.1% Elevated

0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (829 companies, NACE 31, micro)

Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.5%▼ -0.1 percentage points vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025lowest value 06-2025: 1.6%▲ +0.1 percentage points vs 05-2025 07-2025: 1.6%● unchanged vs 06-2025 08-2025: 1.9%▲ +0.3 percentage points vs 07-2025 09-2025: 2.2%▲ +0.3 percentage points vs 08-2025 10-2025: 3.3%▲ +1.1 percentage points vs 09-2025 11-2025: 3.3%● unchanged vs 10-2025 12-2025: 4.2%▲ +0.9 percentage points vs 11-2025 01-2026: 5.9%▲ +1.7 percentage points vs 12-2025 02-2026: 5.9%● unchanged vs 01-2026 03-2026: 6.1%▲ +0.2 percentage points vs 02-2026 04-2026: 5.6%▼ -0.5 percentage points vs 03-2026 05-2026: 5.6%● unchanged vs 04-2026 06-2026: 5.5%▼ -0.1 percentage points vs 05-2026 07-2026: 5.5%● unchanged vs 06-2026 08-2026: 7.1%▲ +1.6 percentage points vs 07-2026 09-2026: 8.1%▲ +1.0 percentage point vs 08-2026highest value 10-2026: 8.1%● unchanged vs 09-2026highest value

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

lowers riskraises riskneutral

2 financial years not filed after the legal deadline; latest accounts 21 days late; 1 of the last 3 late

NBB · filings

Figures for financial year 2023 (filed 22-08-2024)

NBB · annual accounts

Liquidity: current ratio 9.13, cash €25,601

NBB · annual accounts

No filing in 24 months (latest 22-08-2024)

NBB · filings

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 · 2 filings

Position against the passed deadline

31-12-2024 year end31-07-2025 deadline12-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-08-2024, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 2 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

21 days late

2022

31 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 26 days after the deadline; the sector median (NACE 31) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

21-08-2024 Annual accounts filedfinancial year 2023 · micro…
31-12-2023 Liquidity more than quadruplescurrent ratio 9.13
31-08-2023 Annual accounts filedfinancial year 2022 · micro…

Key points

Risk: Accounts not fileddeadline was 31-07-2025 438 days late View
Risk: Negative equityfinancial year 2023: debts exceed assets -€6,813 View
Caution: Among the weakest 15% on solvencysector median 39.2% · 501 companies -15.7% View