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CORVELYN

Active
Public limited companyfounded 199134 yrs activeBrugstraat 200, 9880 Aalter, BelgiumKBO/BCE: BE 0445.885.838
Summary

CORVELYN has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €34,585. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 95% of 9629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
CORVELYNActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of timber
NACE 46832NACE 46732NACE 51531
1 site
Size
€1.5mtotal assets 2025
Equity
€1.4m
Profit
€34,585
Turnover not published (abridged schema)
Financial health
96 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 30 d early0 of 4 deeds read
Why 96+ Liquidity: current ratio 15.06, cash €700,568+ Founded in 1991+ Equity €1.4m (95.2% of total assets)+ Size: total assets €1.5mShow the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 71% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 95.2% of total assets
Liquidity 100=
short-term debt 4.8% · cash 46.7%
Profitability 72-3
return on assets 2.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,865 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%● 0.0% vs 02-2025 04-2025: < 0.1%● 0.0% vs 03-2025 05-2025: < 0.1%● 0.0% vs 04-2025 06-2025: < 0.1%▼ -2.9% vs 05-2025 07-2025: < 0.1%▲ +12.1% vs 06-2025 08-2025: < 0.1%▲ +29.7% vs 07-2025highest value 09-2025: < 0.1%▼ -31.3% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%▼ -6.1% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%▲ +3.2% vs 05-2026 07-2026: < 0.1%▲ +6.3% vs 06-2026 08-2026: < 0.1%▼ -29.4% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 15.06, cash €700,568 lowers the probability
  • Founded in 1991 lowers the probability for this profile
  • Equity €1.4m (95.2% of total assets) lowers the probability
  • Size: total assets €1.5m lowers the probability for this profile
Credit up to €130,000 at 30 days acceptable
Liquidity ample (current ratio 15.06 against 11.34 in 2024; short-term debt: 4.8% and cash: 46.7% of total assets), and 4.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 90%, liquidity 98%, profitability 56%, growth against the median 40%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 15.06, cash €700,568
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1991
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €1.4m (95.2% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: total assets €1.5m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
23 d late
2023
24 d late
2022
31 d late
2021
19 d late
2020
17 d late
2019
301 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 23 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet €34,585 ▼51.5%
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 5% on solvencysector median 43.6% · 9,629 companies 95.2% View
  • Positive: 8 profitable years in a rowprofit 2025: €34,585 8 years View
  • Active since 1991founded 06-12-1991 34 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.5m
Profit
€34,585
Solvency
95.2%
Total assets▼ 1.3%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 01-07-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 23-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of timberNACE 46832
Founded
06-12-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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