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KORENBLOK

Active
Public limited companyfounded 1991active for 35 yearsKorenblokweg 5, 2310 Rijkevorsel, BelgiumKBO/BCE: BE 0445.070.048

From the official registers: KBO 34 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

KORENBLOK has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €177,593 and a net result of €11,317. Equity has been growing by about 5.8% per year since 2018. Its solvency ranks better than 41% of 3,710 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 10-09-1991 Normal situation
Legal form
Public limited company
Registered office
Korenblokweg 5, 2310 Rijkevorsel
Activity
Mixed farming NACE 01500
Establishment unit
2.054.269.760 2310 Rijkevorsel, since 24-09-1991
Financial year end
31 December
Peppol
Reachable since 03-04-2025

Board and ownership

Board

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€24,175
▲ 3.5%
Turnover
≈ €90,000
estimated
Profit
€11,317
▼ 15.0%
Equity
€177,593
▲ 6.8%
Total assets
€749,252
▲ 0.6%
2025 accounts filed 28 days after the deadline
Filed on 28-08-2026at the National Bank
Score breakdownraises riskLiquidity: current ratio 0.76, cash €222lowers riskFounded in 1991Size: total assets €749,252Figures for financial year 2025 (filed on 01-09-2026)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 38% of micro companies in crop and animal production (NACE 01)
Financial strength · tick: 2024
Average
Solvency 49+2
equity 23.7% of total assets
Liquidity 18-17
short-term debt 60.9% · cash 0.0%
Profitability 71=
return on assets 1.5%
Bankruptcy probability within 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).

Sector median 0.1% (5,697 companies, NACE 01, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▼ -0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.2%▼ -0.1 percentage points vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.5 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.76 (0.75 in 2024), below 1. Short-term debt is 60.9% and cash 0% of total assets. 76.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, micro). It does better than 38% of them on solvency, 14% on liquidity, 48% on profitability and 54% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.76, cash €222
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €749,252
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 01-09-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
24 days early
2023
30 days late
2022
24 days late
2021
12 days late
2020
27 days late
2019
98 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 5th oldest company in Rijkevorsel, Agriculture, forestry and fishing sectorin the Checked rankings No. 5 View
  • Positive: 5 profitable years in a rowprofit 2025: €11,317 5 years View

Documents

Annual accounts at the NBB

All 34 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about KORENBLOK

What is the company number of KORENBLOK?
The company number of KORENBLOK is 0445.070.048. The VAT number is the same number with BE in front: BE 0445.070.048.
Where is KORENBLOK based?
The registered office is at Korenblokweg 5, 2310 Rijkevorsel.Company details
What does KORENBLOK do?
According to the KBO register, the main activity is mixed farming (NACE 01500).
What is the legal form of KORENBLOK?
The legal form of KORENBLOK is Public limited company (NV).
When was KORENBLOK founded?
KORENBLOK was founded on 10-09-1991.
Is KORENBLOK still active?
Yes, KORENBLOK is an active enterprise in the KBO register.
What is the turnover of KORENBLOK?
The turnover in financial year 2025 is ≈ €90,000. This figure is estimated from the gross margin of €24,175 and 33 comparable companies (NACE 01). It probably lies between €43,000 and €210,000. It is a rough estimate.Financials
Is KORENBLOK profitable?
In financial year 2025, KORENBLOK made a profit of €11,317.
Where can I find the annual accounts of KORENBLOK?
KORENBLOK filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of KORENBLOK due?
KORENBLOK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as KORENBLOK: mixed farming (NACE 01500). They are comparable in size and age: total assets between €551,000 and €815,000, founded between 1988 and 1996.

CompanyTotal assetsGross margin
KORENBLOK Rijkevorsel€749,252€24,175
FERME RENSER Hannut€677,410€29,765
Société Agricole OSY de ZEGWAART-FAVART Hannut€581,731€20,916
DE GROOTE NOORD Kortrijk€620,463€30,075
AGRIGAUME Izegem€614,459€18,119
LES AULNES Celles (lez-Tournai)€551,221€21,882
RICHARDY-KREMER Burg-Reuland€815,283€31,284
Full comparison

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