COUROS
ActiveSummary
COUROS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of €606,535. Equity is growing by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 39% of 539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
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Signals
This company filed its last 7 accounts on average 54 days before the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 87, Residential care activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €129 | €445 | €13,601 | ▲ 2,956% |
| Remuneration, social security and pensions62 | €2.0m | €2.4m | €2.7m | €2.8m | €3.0m | ▲ 6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €595,844 | €763,082 | €724,808 | €730,556 | €703,482 | ▼ 3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €4,204 | - |
| Other operating charges640/8 | €228,000 | €133,254 | €166,358 | €205,909 | €207,974 | ▲ 1.0% |
| Gross operating margin9900 | €3.4m | €3.9m | €4.1m | €4.6m | €4.8m | ▲ 5.1% |
| Operating profit (loss)9901 | €521,373 | €595,607 | €587,919 | €843,920 | €920,372 | ▲ 9.1% |
| Financial income75/76B | €4,792 | €4,552 | €8,188 | €14,220 | €15,985 | ▲ 12.4% |
| Recurring financial income75 | €4,792 | €4,552 | €8,188 | €14,220 | €15,985 | ▲ 12.4% |
| Financial charges65/66B | €303,465 | €302,215 | €231,972 | €228,735 | €200,494 | ▼ 12.3% |
| Recurring financial charges65 | €303,465 | €302,215 | €231,972 | €228,735 | €200,494 | ▼ 12.3% |
| Profit (loss) for the period before taxes9903 | €222,700 | €297,944 | €364,135 | €629,405 | €735,863 | ▲ 16.9% |
| Transfer from deferred taxes780 | €4,741 | €4,741 | €34,350 | €0 | - | - |
| Income taxes67/77 | €443 | €272 | €258 | €161,252 | €129,328 | ▼ 19.8% |
| Profit (loss) for the period9904 | €226,998 | €302,413 | €398,227 | €468,153 | €606,535 | ▲ 29.6% |
| Transfer from tax-exempt reserves789 | €14,223 | €14,223 | €103,049 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €241,221 | €316,636 | €501,276 | €468,153 | €606,535 | ▲ 29.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14.2m | €13.8m | €13.6m | €12.9m | €12.8m | ▼ 1.3% |
| Fixed assets21/28 | €13.2m | €12.5m | €11.9m | €11.2m | €10.6m | ▼ 5.5% |
| Intangible fixed assets21 | €139,986 | €99,364 | €55,323 | €11,283 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €13.0m | €12.4m | €11.9m | €11.2m | €10.6m | ▼ 5.5% |
| Plant, machinery and equipment23 | €52,479 | €51,393 | €41,468 | €23,737 | €21,482 | ▼ 9.5% |
| Furniture and vehicles24 | €154,807 | €174,720 | €175,964 | €146,468 | €150,121 | ▲ 2.5% |
| Leasing and similar rights25 | €12.3m | €11.7m | €11.2m | €10.6m | €10.0m | ▼ 5.4% |
| Other tangible fixed assets26 | €489,289 | €434,104 | €470,850 | €447,025 | €410,504 | ▼ 8.2% |
| Current assets29/58 | €1.1m | €1.3m | €1.7m | €1.7m | €2.2m | ▲ 26.4% |
| Amounts receivable within one year40/41 | €362,044 | €469,406 | €918,979 | €881,953 | €1.3m | ▲ 44.6% |
| Trade receivables40 | €361,826 | €467,709 | €359,227 | €397,484 | €352,052 | ▼ 11.4% |
| Other amounts receivable41 | €217 | €1,697 | €559,752 | €484,470 | €922,947 | ▲ 90.5% |
| Cash at bank and in hand54/58 | €604,683 | €751,133 | €565,532 | €701,591 | €771,257 | ▲ 9.9% |
| Deferred charges and accrued income490/1 | €86,240 | €78,493 | €211,046 | €124,828 | €113,481 | ▼ 9.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14.2m | €13.8m | €13.6m | €12.9m | €12.8m | ▼ 1.3% |
| Equity10/15 | €733,034 | €2.9m | €3.3m | €3.8m | €4.1m | ▲ 10.1% |
| Contributions10/11 | €620,000 | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Reserves13 | €135,272 | €121,049 | €18,000 | €18,000 | €18,000 | = |
| Tax-exempt reserves132 | €117,272 | €103,049 | €0 | - | - | - |
| Distributable reserves133 | €18,000 | €18,000 | €18,000 | €18,000 | €18,000 | = |
| Profit (loss) carried forward14 | -€105,610 | €211,026 | €712,302 | €1.2m | €1.6m | ▲ 32.7% |
| Investment grants15 | €83,372 | €78,820 | €74,268 | €69,715 | €65,159 | ▼ 6.5% |
| Provisions and deferred taxes16 | €39,091 | €34,350 | €0 | - | - | - |
| Deferred taxes168 | €39,091 | €34,350 | €0 | - | - | - |
| Amounts payable17/49 | €13.4m | €10.9m | €10.3m | €9.2m | €8.6m | ▼ 6.0% |
| Amounts payable after more than one year17 | €10.9m | €9.1m | €8.2m | €7.4m | €6.5m | ▼ 11.3% |
| Financial debts170/4 | €10.9m | €9.1m | €8.2m | €7.4m | €6.5m | ▼ 11.3% |
| Amounts payable within one year42/48 | €2.5m | €1.8m | €2.1m | €1.8m | €2.0m | ▲ 14.7% |
| Current portion of amounts payable after more than one year42 | €861,716 | €525,065 | €769,475 | €790,324 | €869,156 | ▲ 10.0% |
| Financial debts43 | €138,609 | €148,778 | €181,675 | €173,447 | €173,254 | ▼ 0.1% |
| Credit institutions430/8 | €138,609 | €148,778 | €181,675 | €173,447 | €173,254 | ▼ 0.1% |
| Trade debts44 | €125,847 | €149,553 | €281,068 | €195,410 | €204,905 | ▲ 4.9% |
| Suppliers440/4 | €125,847 | €149,553 | €281,068 | €195,410 | €204,905 | ▲ 4.9% |
| Taxes, remuneration and social security45 | €368,736 | €415,052 | €461,892 | €511,105 | €574,450 | ▲ 12.4% |
| Taxes450/3 | €17,320 | €25,328 | €27,621 | €41,160 | €48,207 | ▲ 17.1% |
| Remuneration and social security454/9 | €351,416 | €389,725 | €434,270 | €469,944 | €526,243 | ▲ 12.0% |
| Other amounts payable47/48 | €1.0m | €511,650 | €359,242 | €110,784 | €220,759 | ▲ 99.3% |
| Accrued charges and deferred income492/3 | €1,252 | €14,826 | €2,251 | €0 | €21,879 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €226,998 | €302,413 | €398,227 | €468,153 | €606,535 | ▲ 29.6% |
| + Depreciation and write-downs630 | €595,844 | €763,082 | €724,808 | €730,556 | €703,482 | ▼ 3.7% |
| Operating cash flow (approximation) | €822,842 | €1.1m | €1.1m | €1.2m | €1.3m | ▲ 9.3% |
| Investment in fixed assets (approximation) | - | -€110,838 | -€133,569 | -€40,200 | -€81,237 | ▼ 102% |
| Change in cash | - | €146,450 | -€185,601 | €136,058 | €69,666 | ▼ 48.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
27-08
State Gazette act
Appointment: Valérie Fraylich (director)Resignations: Guillaume Raoux (director) and Jean-Claude Demeuse (director) · Reappointment: Forvis Mazars Réviseurs d’Entreprises SRL (statutory auditor) · Declaration10 facts ▸
- General meeting, 07-05-2026
- Director appointment, Valérie Fraylich (director)
- Director resignation, Guillaume Raoux (director)
- Director resignation, Jean-Claude Demeuse (director)
- Declaration, entérinement des démissions et remerciements
- Auditor reappointment, Forvis Mazars Réviseurs d’Entreprises SRL
- Board meeting, 07-05-2026
- Director appointment, Valérie Fraylich (day-to-day manager)
- Director resignation, Jean-Claude Demeuse (day-to-day manager)
- Power of attorney, Valérie Fraylich
04-08
State Gazette act
Capital & shares · Statutes amendment · RestructuringDemerger · Financial instrument · Declaration8 facts ▸
- Demerger, partial demerger, part of assets and liabilities
- Financial instrument, accounting values, nominatives
- Declaration, no cash compensation
- Capital decrease, €1.842.227,18
- Capital decrease, €13.264,07
- Power of attorney
- Power of attorney, Sophie MAQUET
- Power of attorney, Sophie MAQUET
28-05
State Gazette act
RestructuringAppointment: François COLLIE (rédiger le rapport visé aux articles 5:121 csa et 5:133 csa) · Demerger · Share issue28 facts ▸
- Demerger, 06-05-2026
- Other statement, value of transferred leasing rights, 10016884.59
- Other statement, 31-12-2025, value of transferred improvements
- Other statement, 31-12-2025, transferred capital
- Other statement, 31-12-2025, transferred retained earnings
- Other statement, 31-12-2025, transferred capital subsidies
- Other statement, 31-12-2025, transferred financial debts
- Other statement, transfer of demerged part
- Other statement, valeurs comptables, 152.882,39 actions de la Société Bénéficiaire pour 1 action de la Société à Scinder
- Other statement, no cash compensation
- Share issue, actions ordinaires nominatives, 3057648
- Other statement, conseil d'administration de la Société Bénéficiaire ou son mandataire, registration of new shares
- +16 further facts in this act
Show earlier events
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 3 have been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 1
Day-to-day management 1
Statutory auditor 1
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62098H1005/00B000 | Wallonia | 5,267 m² | 1 · 1,448 m² | - |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Valérie Fraylich |
|
| SRL Forvis Mazars Reviseurs d’Entreprises |
|
| Jean-Claude DEMEUSE |
|
| Guillaume RAOUX |
|
Articles of association
Full purpose (9 activities)
- L'acquisition, la création, la cession, l'exploitation, la gestion, le développement et la liquidation d'établissements pour personnes âgées (homes, maisons de repos, maison de repos et de soins, centres de soins de jour, résidence-services, etc.), et de participations directes ou indirectes dans de tels secteurs
- Toutes activités de prestations de services, de conseil et d'étude en matière économique dans le sens le plus large du terme, en faveur de tiers, liés à la société ou non
- L'achat, l'administration, la gestion, le contrôle, le développement et la vente de participations directes ou indirectes, de quelque manière que ce soit, dans toutes sociétés ou entreprises commerciales, industrielles, financières, mobilières ou immobilières, ou de toutes valeurs mobilières ou immobilières, de tous droits sociaux, et d'une manière plus générale toutes opérations de gestion du portefeuille ainsi constitué
- L'acquisition, la cession, la gestion et le développement de biens meubles et de biens immeubles et de participations directes ou indirectes dans de tels secteurs
- La réalisation de toutes opérations d'assistance en matière économique, commerciale et managériale de tout groupement de personnes, sociétaire ou non, notamment dans leur développement, organisation, et management, notamment par l'octroi de prêts
- La réalisation de travaux de recherche et d'analyse sur toutes informations économiques, commerciales et managériales, d'études de marché et le développement des outils de prises de décisions
- Toutes opérations immobilières de quelque nature que ce soit et sous quelque forme que ce soit, et notamment l'achat, l'échange, la vente, la prise en location/leasing et en sous-location, ainsi que la cession en location/leasing et en sous-location, le tout avec ou sans option d'achat, l'exploitation et l'entretien de maisons, appartements, bureaux, magasins, fonds de commerce, terrains, usufruits, nues-propriétés, tréfonds, droits emphytéotiques, droits de superficie, servitudes, terres et domaines, et de manière générale, de tous biens immobiliers et de tous droits réels, ainsi que toutes opérations de financement
- La construction, en tant que maître de l'ouvrage ou entrepreneur général, la transformation et la mise en valeur de biens immobiliers (en ce compris tous droits réels), ainsi que l'étude et l'aménagement de lotissements y compris la construction de routes et égouts, la prise d'engagements en tant que conseiller en construction (études de génie civil et des divers équipements techniques des immeubles), l'achat de matériaux, la conclusion de tous contrats d'entreprise qui seraient nécessaires, et toutes opérations de change, commission et courtage, ainsi que la gérance d'immeubles (en ce compris de droits réels)
- La conception, l'invention, la fabrication, la construction, l'importation, l'exportation l'achat et la vente, la distribution, l'entretien, l'exploitation tant en nom propre qu'en qualité d'agent ou de commissionnaire de tout bien immobilier (en ce compris les droits réels) accessoire aux biens immobiliers visés ci-avant
Structure & network
Owners and holdings
1 ownerChain of control
- VIVALTO HOME BELGIUM
- COURTIS
- COUROS
Highest known parent: VIVALTO HOME BELGIUM. The sources do not say who stands above it.
Owners 1
- COURTISparentSourceaccounts COURTIS 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
Acquisitions and mergers
1 transactionCapital and shareholders
- 04-08-2026 Capital reduction of 1,842,227.18 EUR · to 657,772.82 EUR · partial demerger
- 04-08-2026 Capital reduction of 13,264.07 EUR · partial demerger
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.