Financials
- Fiscal year
- 2026
- Turnover
- €972,203
- Loss
- -€23,950
- Solvency
- 54.6%
Turnover▲ 1.4%
Net result
20192026
Korazon
ActiveSummary
Korazon has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €175,464 and a net result of -€23,950. Equity is shrinking by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 67% of 53 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Other personal services
NACE 96999NACE 62010Computer programming NACE 62100
1 site
Size
€972,203turnover 2026
- Staff
- 6.5 FTE
- Equity
- €175,464
- Loss
- -€23,950
Structure
Accounts 50 d early0 of 2 deeds read
Why 89- Loss of €23,950, the second in a row (FY 2026)- Size: turnover €972,203, 6.5 FTE, total assets €321,086+ Founded in 1990+ Liquidity: current ratio 2.06, cash €93,613Show the evidence
Checked score
Score 2026
89
/ 100
Excellent
Probability in this band: under 0.55%
Better than 50% of its sector peers (NACE 96, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2025
Average
Solvency
80=
equity 54.6% of total assets
Liquidity
64-9
short-term debt 45.3% · cash 29.2%
Profitability
12+12
return on assets -7.5%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%lowest value
12-2024: 0.2%● 0.0% vs 11-2024lowest value
01-2025: 0.2%● 0.0% vs 12-2024lowest value
02-2025: 0.2%● 0.0% vs 01-2025lowest value
03-2025: 0.2%● 0.0% vs 02-2025lowest value
04-2025: 0.2%● 0.0% vs 03-2025lowest value
05-2025: 0.2%● 0.0% vs 04-2025lowest value
06-2025: 0.2%● 0.0% vs 05-2025lowest value
07-2025: 0.2%▲ +3.4% vs 06-2025
08-2025: 0.2%▲ +19.5% vs 07-2025
09-2025: 0.2%▲ +9.5% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.8%▲ +231% vs 10-2025highest value
12-2025: 0.8%● 0.0% vs 11-2025highest value
01-2026: 0.8%● 0.0% vs 12-2025highest value
02-2026: 0.8%● 0.0% vs 01-2026highest value
03-2026: 0.8%● 0.0% vs 02-2026highest value
04-2026: 0.8%● 0.0% vs 03-2026highest value
05-2026: 0.8%● 0.0% vs 04-2026highest value
06-2026: 0.4%▼ -50.4% vs 05-2026
07-2026: 0.4%▲ +2.5% vs 06-2026
08-2026: 0.4%▼ -0.5% vs 07-2026
09-2026: 0.4%▲ +4.4% vs 08-2026
10-2026: 0.2%▼ -53.0% vs 09-2026
- Founded in 1990 lowers the probability for this profile
- Liquidity: current ratio 2.06, cash €93,613 lowers the probability
- Loss of €23,950, the second in a row (FY 2026) raises the probability
- Size: turnover €972,203, 6.5 FTE, total assets €321,086 raises the probability for this profile
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 2.06 against 2.0 in 2025; short-term debt: 45.3% and cash: 29.2% of total assets), and 45.4% 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 96, micro). Better than this share of them on solvency 71%, liquidity 69%, profitability 21%, growth against the median 38%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
1920212223242526
2019 to 2026 · latest year -€23,950
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 11-09-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
50 d early
2025
2 d early
2024
22 d early
2023
on the day
2022
35 d early
2021
37 d early
2020
31 d early
← 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 25 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 9 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-03-2027 close31-10-2027 deadline
- Annual accounts filedfiscal year 2026 · full…
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet -€119,905
Key points
- Caution: Among the weakest 5% on net resultsector median €3,962 · 54 companies -€23,950 View
- Positive: Result rose in 2026from -€119,905 to -€23,950 ▲ 80.0% View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss fiscal year 2026 -€23,950 View
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-10-2027
- 11-09-2026Annual accounts filed
- 29-10-2025Annual accounts filed
- 31-03-2025Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other personal servicesNACE 96999
- Founded
- 13-03-1990
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
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