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KORE Management

Active
Private limited companyfounded 20251 yr activeProcessiestraat 3, 3740 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 1024.677.811
Summary

KORE Management has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€17,014) and a net result of -€22,014. The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes
Profitability0
Solvency10
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26; short-term debt: 53.6% and cash: 4.3% of total assets), and equity is negative.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
59 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

KORE Management was incorporated on 25 June 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€17,014
Total assets
€110,264
Net result
-€22,014
Working capital
-€43,890

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €110,264
Fixed assets €95,050
Current assets €15,214
Key figures and ratios
2025 value
EBITDA
-€17,941
Cash flow
-€19,294
Solvency
-15.4%
Current ratio
0.26
Debt to equity
-7.48
ROA
-20.0%
Interest coverage
-13.22
Debt
€127,278
Debt ≤ 1 year
€59,104
Debt > 1 year
€67,835

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90% still going

For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€110,264
Fixed assets21/28€95,050
Tangible fixed assets22/27€95,050
Land and buildings22€74,350
Plant, machinery and equipment23€20,700
Current assets29/58€15,214
Amounts receivable within one year40/41€5,834
Trade receivables40€3,334
Other amounts receivable41€2,500
Cash at bank and in hand54/58€4,745
Deferred charges and accrued income490/1€4,635
Equity and liabilities
Total equity and liabilities10/49€110,264
Equity10/15-€17,014
Contributions10/11€5,000
Profit (loss) carried forward14-€22,014
Amounts payable17/49€127,278
Amounts payable after more than one year17€67,835
Financial debts170/4€67,835
Amounts payable within one year42/48€59,104
Current portion of amounts payable after more than one year42€6,483
Trade debts44€10,160
Suppliers440/4€10,160
Taxes, remuneration and social security45€377
Taxes450/3€377
Other amounts payable47/48€42,084
Accrued charges and deferred income492/3€339
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,720
Other operating charges640/8€2,861
Gross operating margin9900-€15,080
Operating profit (loss)9901-€20,661
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€1,357
Recurring financial charges65€1,357
Profit (loss) for the period before taxes9903-€22,014
Profit (loss) for the period9904-€22,014
Profit (loss) for the period to be appropriated9905-€22,014
Appropriation of the result
Profit (loss) to be appropriated9906-€22,014

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,720
Other operating charges640/8€2,861
Gross operating margin9900-€15,080
Operating profit (loss)9901-€20,661
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€1,357
Recurring financial charges65€1,357
Profit (loss) for the period before taxes9903-€22,014
Profit (loss) for the period9904-€22,014
Profit (loss) for the period to be appropriated9905-€22,014
Line2025
Assets
Total assets20/58€110,264
Fixed assets21/28€95,050
Tangible fixed assets22/27€95,050
Land and buildings22€74,350
Plant, machinery and equipment23€20,700
Current assets29/58€15,214
Amounts receivable within one year40/41€5,834
Trade receivables40€3,334
Other amounts receivable41€2,500
Cash at bank and in hand54/58€4,745
Deferred charges and accrued income490/1€4,635
Equity and liabilities
Total equity and liabilities10/49€110,264
Equity10/15-€17,014
Contributions10/11€5,000
Profit (loss) carried forward14-€22,014
Amounts payable17/49€127,278
Amounts payable after more than one year17€67,835
Financial debts170/4€67,835
Amounts payable within one year42/48€59,104
Current portion of amounts payable after more than one year42€6,483
Trade debts44€10,160
Suppliers440/4€10,160
Taxes, remuneration and social security45€377
Taxes450/3€377
Other amounts payable47/48€42,084
Accrued charges and deferred income492/3€339
Line2025
Profit (loss) for the period9904-€22,014
+ Depreciation and write-downs630€2,720
Operating cash flow (approximation)-€19,294

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
28-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 59 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Bilzen-Hoeselt · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
868 m²
Building footprint
195 m²
Volume, LiDAR
1,027 m³
Parcel 73056A0236/00E002, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
KORE Management
Processiestraat 3, 3740 Bilzen-HoeseltFitness centres
since 20252.375.851.583
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73056A0236/00E002 Flanders 868 m² 1 · 195 m² 10.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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 and region

The National Bank holds 1 filing for this company, but none with figures Checked can read: the latest, for fiscal year 2025, exists only as a PDF. A size comparison is therefore not possible. These companies share only the sector and the region. Of 1,520 companies in sector 93130 we hold annual accounts for 690. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-06-2025
Fiscal year end31-12
Activities, NACEBEL 2025
93130Fitness centres
93199Other sports activities
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1024677811
Also 9925:BE1024677811
Registered 15-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.