KORJO
The computed 12-month bankruptcy probability of KORJO is 1.2% (low). The 2025 annual accounts show equity of €8k and a net result of €43k. Equity is shrinking by ~37.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 843 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €8k |
| Net result | €43k |
| Better than sector | 15% |
| Active | 5 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 7.0% | 56.5% | |
| Net result | €43k | €28k | |
| Equity | €8k | €52k | |
| Gross operating margin | €64k | €50k | |
| Total assets | €115k | €121k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €63k |
| Net profit | €43k |
| Cash flow | €45k |
| Staff costs | - |
| Income taxes | €16k |
| Dividends | €61k |
| Total assets | €115k |
| Equity | €8k |
| Debt | €107k |
| of which ≤ 1y | €105k |
| of which > 1y | - |
| Working capital | €-5k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.95 |
| Quick ratio | 0.95 |
| Working capital ratio | -4.2% |
| Solvency | 7.0% |
| Debt / equity | 13.31 |
| Long-term debt ratio | - |
| Interest coverage | 32.45 |
| Gross margin | - |
| Net margin | - |
| ROA | 37.6% |
| ROE | 538.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €115k |
| Fixed assets | 21/28 | €15k |
| Intangible fixed assets | 21 | €12k |
| Tangible fixed assets | 22/27 | €3k |
| Current assets | 29/58 | €100k |
| Amounts receivable within one year | 40/41 | €20k |
| Investments | 50/53 | €5k |
| Cash & bank | 54/58 | €75k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €115k |
| Equity | 10/15 | €8k |
| Contributions / capital | 10/11 | €8k |
| Reserves | 13 | €0 |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €107k |
| Amounts payable within one year | 42/48 | €105k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €64k |
| Operating result | 9901 | €61k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €59k |
| Income taxes | 67/77 | €16k |
| Net result for the period | 9904 | €43k |
| Result to be appropriated | 9905 | €43k |
| NACE primary | Advertising & market research(73110) |
| Legal form | Private limited company(610) |
| Incorporation | 08-07-2021 |
| Status | Active |
| Postal code | 9000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D0181/00H003 | Flanders | 164 m² | 1 · 58 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-03-2023 Registered office moved within Gent
- Werkstraat 51 - 9000 Gent → Eendrachtstraat 26-28 te 9000 Gent
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Eendrachtstraat 26-28 te 9000 Gent",
"city": "Gent",
"region": "vlaams_gewest",
"street": "Eendrachtstraat",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "26-28",
"locality_suffix": null
},
"old_address": {
"raw": "Werkstraat 51 - 9000 Gent",
"city": "Gent",
"region": "vlaams_gewest",
"street": "Werkstraat",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "51",
"locality_suffix": null
},
"effective_date": "2022-02-16",
"evidence_quote": "Uit het verslag van de algemene vergadering, gehouden op 17 juni 2022 blijkt dat er werd beslist om de maatschappelijke zetel over te brengen van Werkstraat 51 te 9000 Gent naar Eendrachtstraat 26-28 te 9000 Gent.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-03-23",
"filing_date": "2023-03-09",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2022-06-17",
"unanimous": null
},
"subject_company": {
"kbo": "0770.930.561",
"name_full": "KORJO",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Korneel Blomme",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder/aandeelhouder"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | KORJO |