KORAAL
ActiveKORAAL has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136k and a net result of €19k. Equity is growing by ~39.8% per year across the filed fiscal years. Its solvency ranks better than 57% of 1898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-21
Solvency88▼-4
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.63 against 2.86 in 2024; short-term debt: 36.8% and cash: 0% of total assets), and 36.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.2%
Return on assets
8.9%
Age of the figures
9 mo
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 07-07-2026, 24 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
24 d early
2024
39 d late
2023
10 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€136k▲ 16.4%
2024 · €117k
2023: €43k
2024: €117k
2023 → 2025
Total assets
€215k▲ 22.5%
2024 · €176k
2023: €88k
2024: €176k
2023 → 2025
Net result
€19k▼ 74.1%
2024 · €74k
2023: €42k
2024: €74k
2023 → 2025
Working capital
€129k▲ 18.6%
2024 · €109k
2023: €37k
2024: €109k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€43k-€117k▲ 172%€136k▲ 16.4%
Operating result€61k-€104k▲ 70.5%€21k▼ 79.5%
Net result€42k-€74k▲ 76.2%€19k▼ 74.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €215k
Fixed assets
€7k▼ 13.8%
Current assets
€208k▲ 24.2%
Equity and liabilities €215k
Equity
€136k▲ 16.4%
Debt
€79k▲ 34.7%
The debt ratio rises from 33.5% to 36.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▼
2024 · €105k
Cash flow
€22k▼
2024 · €76k
Solvency
63.2%▼
2024 · 66.5%
Current ratio
2.63▼
2024 · 2.86
Quick ratio
2.63▼
2024 · 2.86
Debt / equity
0.58▲
2024 · 0.50
ROE
14.1%▼
2024 · 63.2%
ROA
8.9%▼
2024 · 42.1%
Interest coverage
5.84▼
2024 · 416.48
Debt
€79k▲
2024 · €59k
Debt ≤ 1 year
€79k▲
2024 · €59k
Income taxes
€7k▼
2024 · €30k
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€176k€215k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€6k€4k▼
Current assets29/58€168k€208k▲
Amounts receivable within one year40/41€145k€195k▲
Trade receivables40€2k€32k▲
Other amounts receivable41€143k€164k▲
Cash at bank and in hand54/58€22k€0▼
Deferred charges and accrued income490/1€581€13k▲
Equity and liabilities
Total equity and liabilities10/49€176k€215k▲
Equity10/15€117k€136k▲
Contributions10/11€1k€1k=
Reserves13€116k€135k▲
Distributable reserves133€116k€135k▲
Amounts payable17/49€59k€79k▲
Amounts payable within one year42/48€59k€79k▲
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€2k€29k▲
Suppliers440/4€2k€29k▲
Taxes, remuneration and social security45€57k€46k▼
Taxes450/3€52k€46k▼
Remuneration and social security454/9€5k€0▼
Accrued charges and deferred income492/3-€31
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€108k€25k▼
Operating profit (loss)9901€104k€21k▼
Financial income75/76B-€9k
Recurring financial income75-€9k
Financial charges65/66B€253€4k▲
Recurring financial charges65€253€4k▲
Profit (loss) for the period before taxes9903€104k€27k▼
Income taxes67/77€30k€7k▼
Profit (loss) for the period9904€74k€19k▼
Profit (loss) for the period to be appropriated9905€74k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€19k▼
Transfer to equity691/2€74k€19k▼
To other reserves6921€74k€19k▼
The notes to these accounts (6 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €19k ▼74.1%
Net result drops to €19k, the lowest in the series.
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 39 days late
2024
31-12
Financial
Highest result since 2023net €74k ▲76.2%
Operating result €104k, net result €74k, both a record.
31-12
Financial
Equity above €100kEq €117k ▲172%
2 profitable years in a row build equity to €117k.
21-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Gingelom · 1 establishment unit since 2022
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.
Kamerijckstraat 103890 GingelomGround area
1,648 m²
Building footprint
119 m²
Volume, LiDAR
704 m³
Parcel 71017D0106/00K000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kamerijckstraat 10, 3890 Gingelom
since 20222.329.868.734
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71017D0106/00K000 | Flanders | 1,648 m² | 1 · 119 m² | 9.8 m · 2 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
SHARE
BE 0433.827.055
Aarschot · Eq €135k
CLOUDWARE
BE 0504.931.619
Zwevegem · Eq €134k
Kanandah
BE 0644.689.318
Herk-de-Stad · Eq €137k
Skriptly
BE 0797.402.653
Heusden-Zolder · Eq €138k
Bratixia
BE 0802.853.756
Kortrijk · Eq €138k
Of 2,726 companies in sector 63100 we hold annual accounts for 1,272. 976 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2022
Fiscal year end31-12
Activities, NACEBEL
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
62010Computer programming, consultancy and related activities
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.