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KORBOO

Active
Private limited companyfounded 20205 yrs activeDorpstraat 17, 1785 Merchtem, BelgiumKBO/BCE: BE 0759.523.064
Summary

KORBOO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€152,057) and a net result of €1,970. Equity is shrinking by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 17% of 20110 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Retail trade
NACE 47271NACE 47291
2 sites
Size
€890,213total assets 2025
Staff
8.1 FTE
Equity
-€152,057
Profit
€1,970
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2025
Bankruptcy chance 12 m
0.7%
Structure
Accounts 22 d early0 of 3 deeds read
Why 55Capped at 59: negative equity- Negative equity -€152,057- Sector Retail trade (NACE 47)+ Size: total assets €890,213+ Figures for FY 2025 (filed 09-07-2026)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 36% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 8=
equity -17.1% of total assets
Liquidity 49-8
short-term debt 53.2% · cash 20.8%
Profitability 53+23
return on assets 0.2%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (39,898 companies)
Last 15 months 08-2025: 1.4%highest value 09-2025: 1.0%▼ -30.0% vs 08-2025 10-2025: 1.0%● 0.0% vs 09-2025 11-2025: 1.0%▼ -1.9% vs 10-2025 12-2025: 1.0%▼ -0.9% vs 11-2025 01-2026: 1.0%▼ -0.7% vs 12-2025 02-2026: 1.0%● 0.0% vs 01-2026 03-2026: 1.0%▼ -0.3% vs 02-2026 04-2026: 1.0%▲ +5.0% vs 03-2026 05-2026: 1.1%▲ +6.0% vs 04-2026 06-2026: 1.1%▲ +7.0% vs 05-2026 07-2026: 1.2%▲ +3.4% vs 06-2026 08-2026: 0.7%▼ -42.2% vs 07-2026lowest value 09-2026: 0.7%● 0.0% vs 08-2026lowest value 10-2026: 0.7%▲ +1.8% vs 09-2026
  • Negative equity -€152,057 raises the probability
  • Size: total assets €890,213 lowers the probability for this profile
  • Sector Retail trade (NACE 47) raises the probability
  • Figures for FY 2025 (filed 09-07-2026) lowers the probability
No credit on open account
Liquidity short (current ratio 0.91 against 0.91 in 2024; short-term debt: 53.2% and cash: 20.8% of total assets), and equity is negative.
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 47, micro). Better than this share of them on solvency 14%, liquidity 49%, profitability 38%, growth against the median 43%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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 · Negative equity -€152,057
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €890,213
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Retail trade (NACE 47)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Figures for FY 2025 (filed 09-07-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 20110 sector peers (2025).
NBB · sector comparison
Position among 20110 sector peers
Solvency
better than 17%
← weakest strongest →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
22 d early
2024
1 d early
2023
on the day
2022
11 d early
2021
12 d early
2020
9 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 9 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 20 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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 · micro…
  2. Back to profitnet €1,970
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€152,057 View
  • Caution: Among the weakest 5% on equitysector median €41,999 · 20,145 companies -€152,057 View
  • Positive: Back in profit in 2025after -€48,891 in 2024 €1,970 View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2025
Total assets
€890,213
Profit
€1,970
Solvency
-17.1%
Total assets▼ 4.5%
Net result
20202025
Go to Financials

Timeline

Events
9
Since
2021
Next accounts
by 31-07-2027
  1. 09-07-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 30-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Retail tradeNACE 47271
Founded
07-12-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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