Equity
-€38,864
Debts exceed assets in financial year 2025.
DE CORRE
Lifetime
17 annual accounts with figures on one time axispeak €35,153 (2015)
€11,471▲ 166%
lowest -€12,023 (2016)
€2,331▲ €2,498
peak €26,815 (2015)
-€38,864▲ €2,331
€140,493▲ 13.5%
Board1 name since 2009
1 directorSven CORNELIS
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €4,307 to €11,471Back to profit: €2,331Investments €77,884Cash from €169 to €2,515
Key points
from the 2025 annual accountsTurnover
≈ €94,000 estimated
The micro format states no turnover.
Debts
€140,493 138% of the balance sheet
Suppliers 9%Taxes and wages 0%Other 91%
Investments
€77,884 5.6 × depreciation
Green is investment, beige is depreciation.
Filings
17 annual accounts since 2009
Ten of the last ten came late. The 2019 accounts came latest: 90 days after the end of the period.
Position in the sector
-38.2%
Lower solvency than 95% of companies in specialised construction. Sector median 46.7% · 35,125 companies.
Checked score
54
Fair
Financially stronger than 24% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.0%
01-2025: 3.0%● unchanged vs 12-2024
02-2025: 3.0%● unchanged vs 01-2025
03-2025: 3.0%● unchanged vs 02-2025
04-2025: 3.2%▲ +0.2 percentage points vs 03-2025
05-2025: 3.3%▲ +0.1 percentage points vs 04-2025
06-2025: 3.3%● unchanged vs 05-2025
07-2025: 3.5%▲ +0.2 percentage points vs 06-2025
08-2025: 3.9%▲ +0.4 percentage points vs 07-2025
09-2025: 4.0%▲ +0.1 percentage points vs 08-2025
10-2025: 4.0%● unchanged vs 09-2025
11-2025: 4.0%● unchanged vs 10-2025
12-2025: 4.0%● unchanged vs 11-2025
01-2026: 4.0%● unchanged vs 12-2025
02-2026: 4.0%● unchanged vs 01-2026
03-2026: 3.9%▼ -0.1 percentage points vs 02-2026
04-2026: 4.1%▲ +0.2 percentage points vs 03-2026
05-2026: 4.6%▲ +0.5 percentage points vs 04-2026
06-2026: 4.5%▼ -0.1 percentage points vs 05-2026
07-2026: 4.6%▲ +0.1 percentage points vs 06-2026
08-2026: 5.5%▲ +0.9 percentage points vs 07-2026highest value
09-2026: 1.1%▼ -4.4 percentage points vs 08-2026lowest value
10-2026: 1.1%● unchanged vs 09-2026lowest value
11-2026: 1.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Sector: Specialised construction activities (NACE 43)
Negative equity -€38,864
lowers risk
Size: total assets €101,630
Founded in 2009
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 43, micro). It does better than 3% of them on solvency, 3% on liquidity, 41% on profitability and 48% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 1,379 companies had the same profile as DE CORRE has now. Each dot stands for 4 companies, two years later.
94.3%
were still trading
3.2%
stopped another way
2.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DE CORRE itself: 1.1% 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 1,379 companies, not a prediction for DE CORRE. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.11 (0.48 in 2024), below 1. Short-term debt is 138.2% and cash 2.5% of total assets. Equity is negative.
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 risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 35125 sector peers (2025).
NBB · sector comparisonPosition among 35125 sector peers
Solvency
better than 5%
← weakest
strongest →
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 10 filingsDeviation from the deadline
2025
30 days late
2024
28 days late
2023
31 days late
2022
28 days late
2021
22 days late
2020
30 days late
2019
90 days late
← 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 37 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 28 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
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0810757177
Registered office moved to Schoten
New registered office: Deuzeldlaan 23/5, 2900 Schoten · Change of role: Sven CORNELIS, from manager to director · Director discharge: Sven CORNELIS · General meeting of 05-08-2024 · Gazette deed
First establishment
De Corre BV, Deuzeldlaan 23, Schoten
Incorporation
published on 06-04-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DE CORRE Schoten | €101,630 | €11,471 | -38.2% | - |
| MOUSSALEK Antwerp | €106,318 | €12,779 | 61.3% | - |
| R.L.J. Antwerp | €102,784 | €12,390 | 96.4% | - |
| ARTRENO Jodoigne | €112,613 | €10,636 | 4.7% | - |
| ALARM PERFECT SERVICES Anderlues | €113,386 | €11,785 | 31.1% | - |
| DHM Solar Systèmes Malmedy | €90,130 | €12,078 | 72.9% | - |
| WIM VANACKER Moorslede | €99,251 | €10,696 | 54.2% | - |
These companies have the same main activity as DE CORRE: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €90,100 and €113,000, founded between 2006 and 2011.
Official details
Source: KBO- Status
- Active since 27-03-2009Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.177.521.0292900 Schoten, since 17-04-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Insights on DE CORRE
DE CORRE files the micro format. That format states no turnover. The gross margin rose from €5,980 in 2009 to €11,471 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
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 DE CORRE
- What is the company number of DE CORRE?
- The company number of DE CORRE is 0810.757.177. The VAT number is the same number with BE in front: BE 0810.757.177.
- Where is DE CORRE based?
- The registered office is at Deuzeldlaan 23, 2900 Schoten.Company details
- What does DE CORRE do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of DE CORRE?
- DE CORRE is a private limited company (BV).
- When was DE CORRE founded?
- DE CORRE was founded on 27-03-2009.
- Is DE CORRE still active?
- Yes, DE CORRE is an active enterprise in the KBO register.
- What is the turnover of DE CORRE?
- The turnover in financial year 2025 is ≈ €94,000. This figure is estimated from the gross margin of €11,471 and 97 comparable companies (NACE 43211). It probably lies between €62,000 and €200,000. It is a rough estimate.Financials
- Is DE CORRE profitable?
- In financial year 2025, DE CORRE made a profit of €2,331.
- Where can I find the annual accounts of DE CORRE?
- DE CORRE filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DE CORRE due?
- DE CORRE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.