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KORBOO

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

The computed 12-month bankruptcy probability of KORBOO is 2.6% (moderate). 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 company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Retail trade
NACE 47271NACE 47291
2 sites
How big
€890,213total assets 2025
Staff
8.1 FTE
Equity
-€152,057
Profit
€1,970
Turnover not published (abridged schema)
Financially healthy?
42 Weak Checked score 2025
Bankruptcy chance 12 m
2.6%
Who decides
Accounts 22 d early0 of 3 deeds read
Why 42- Limited track record- Higher-failure-rate sector- Multiple establishment units- Annual accounts: weaker financial profile- Weak solvency vs sectorLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability53▲+23
Solvency8=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
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.
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Signals

Six signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-17.1%
Return on assets
0.2%
Age of the figures
9 mo
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

Support & recognitions

Funding sources
1
Recognitions
1 register
Flemish government
€11,683awarded · 2022 - 2025
FASFC
2authorised sites
Go to Support & recognitions

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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