CORTENBOSCH
ActiveThe computed 12-month bankruptcy probability of CORTENBOSCH is 2.3% (moderate). The 2025 annual accounts show negative equity (€-59k) and a net result of €-12k. Equity is shrinking by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 6% of 3620 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
19
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-94
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.32 in 2024; short-term debt: 279.2% and cash: 0.1% of total assets), and equity is negative.
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-179.2%
Return on assets
-35%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021222425
2018 to 2025 · latest year €-59k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 10 filingsDeviation from the deadline
2025
17 d late
2024
28 d late
2022
153 d late
2021
153 d late
2020
90 d late
2019
122 d late
2018
148 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-59k▼ 24.3%
2024 · €-48k
2018: €34k
2019: €19k
2020: €484
2021: €-21k
2022: €-41k
2024: €-48k
2018 → 2025
Total assets
€33k▼ 44.3%
2024 · €59k
2018: €144k
2019: €114k
2020: €94k
2021: €82k
2022: €75k
2024: €59k
2018 → 2025
Net result
€-12k
2024 · €12k
2018: €787
2019: €-15k
2020: €-18k
2021: €-22k
2022: €-19k
2024: €12k
2018 → 2025
Working capital
€-81k▼ 10.9%
2024 · €-73k
2018: €-51k
2019: €-53k
2020: €-57k
2021: €-67k
2022: €-76k
2024: €-73k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€484-€-21k€-41k▼ 91.0%€-48k▼ 16.8%€-59k▼ 24.3%
Operating result€-18k-€-22k▼ 18.7%€-19k▲ 10.7%€12k€-11k
Net result€-18k-€-22k▼ 19.2%€-19k▲ 11.0%€12k€-12k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €12k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€22k▼ 14.0%
Current assets
€11k▼ 67.4%
Key figures and ratios
EBITDA
€-8k▼
2024 · €17k
Cash flow
€-8k▼
2024 · €16k
Solvency
-179.2%▼
2024 · -80.2%
Current ratio
0.12▼
2024 · 0.32
Quick ratio
0.01▼
2024 · 0.02
Debt / equity
-1.56▲
2024 · -2.25
ROA
-35.0%▼
2024 · 20.1%
Interest coverage
-67.33▼
2024 · 147.86
Debt
€92k▼
2024 · €107k
Debt ≤ 1 year
€92k▼
2024 · €107k
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€59k€33k▼
Fixed assets21/28€26k€22k▼
Tangible fixed assets22/27€26k€22k▼
Furniture and vehicles24€247-
Other tangible fixed assets26€25k€22k▼
Current assets29/58€34k€11k▼
Stocks and contracts in progress3€32k€10k▼
Stocks30/36€32k€10k▼
Amounts receivable within one year40/41€2k€1k▼
Trade receivables40€1k€670▼
Other amounts receivable41€1k€565▼
Cash at bank and in hand54/58-€26
Equity and liabilities
Total equity and liabilities10/49€59k€33k▼
Equity10/15€-48k€-59k▼
Contributions10/11€100k€100k=
Profit (loss) carried forward14€-148k€-159k▼
Amounts payable17/49€107k€92k▼
Amounts payable within one year42/48€107k€92k▼
Financial debts43€1k-
Credit institutions430/8€1k-
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€1k€598▼
Taxes450/3€1k€598▼
Other amounts payable47/48€102k€88k▼
Income statement
Code20242025
Non-recurring operating income76A€380€753▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€909€1k▲
Gross operating margin9900€17k€-7k▼
Operating profit (loss)9901€12k€-11k▼
Financial charges65/66B€112€117▲
Recurring financial charges65€112€117▲
Profit (loss) for the period before taxes9903€12k€-12k▼
Profit (loss) for the period9904€12k€-12k▼
Profit (loss) for the period to be appropriated9905€12k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-148k€-159k▼
Profit (loss) brought forward from the previous period14P€-160k€-148k▲
The notes to these accounts (5 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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after 4 loss-making years.
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 153 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 153 days late
2021
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
26-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 148 days late
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 44 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
29-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 151 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Truiden · 1 establishment unit since 2003
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.
Heide 433800 Sint-TruidenGround area
1,959 m²
Building footprint
65 m²
Volume, LiDAR
517 m³
Parcel 71352B0613/00C000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DE KLUIZENAAR
since 20032.115.652.449
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352B0613/00C000 | Flanders | 1,959 m² | 1 · 65 m² | 10.4 m · 3 fl. |
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.
Similar companies · same sector, comparable size
DEE VISNETO
BE 0698.907.071
Genk · Eq €483
Tombo
BE 0845.473.081
Rotselaar · Eq €489
AGORA UNO
BE 0473.716.821
Putte · Eq €477
TB FACTORY
BE 0788.510.624
Kortrijk · Eq €492
ACP WOOD
BE 0894.435.812
Braine-l'Alleud · Eq €500
Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 841 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-08-2002
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 21 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.