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KORKIMMO

Active
Private limited companyfounded 201412 yrs activeMarnixdreef 40, 2500 Lier, BelgiumKBO/BCE: BE 0556.975.978
Summary

KORKIMMO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €278,256 and a net result of -€19,868. Equity remains stable across the filed fiscal years (±1.5% per year). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability16▼-1
Solvency89▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 3.81 against 11.7 in 2024; short-term debt: 8.5% and cash: 24.7% of total assets), and 36.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€19,868
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 d early
2024
12 d early
2023
57 d early
2022
36 d early
2021
44 d early
2020
on the day
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 25 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 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

History

KORKIMMO was incorporated on 24 July 2014.1 Total assets rose from EUR 388,688 in 2018 to EUR 435,433 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€278,256▼ 6.7%
2024 · €298,124
Total assets
€435,433▼ 5.5%
2024 · €461,008
Net result
-€19,868▼ 13.2%
2024 · -€17,550
Working capital
€104,079▼ 43.7%
2024 · €184,901
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€3,636▲ 85.8%-€637▲ 82.5%€139,151-€5,674-€8,428▼ 48.5%
Net result-€9,137▲ 70.5%-€7,640▲ 16.4%€113,337-€17,550-€19,868▼ 13.2%
Equity€210,778▼ 4.2%€203,138▼ 3.6%€315,674▲ 55.4%€298,124▼ 5.6%€278,256▼ 6.7%
Total assets€370,010▼ 3.6%€356,289▼ 3.7%€481,233▲ 35.1%€461,008▼ 4.2%€435,433▼ 5.5%
Debt€154,347▲ 0.7%€153,151▼ 0.8%€165,559▲ 8.1%€162,884▼ 1.6%€157,177▼ 3.5%
Working capital-€4,702▲ 58.9%€619€229,891▲ 37,037%€184,901▼ 19.6%€104,079▼ 43.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2021: -€3,636-€3,636Net result 2021: -€9,137-€9,137Operating result 2022: -€637-€637Net result 2022: -€7,640-€7,640Operating result 2023: €139,151€139,151Net result 2023: €113,337€113,337Operating result 2024: -€5,674-€5,674Net result 2024: -€17,550-€17,550Operating result 2025: -€8,428-€8,428Net result 2025: -€19,868-€19,86820212022202320242025-€50,000€0€50,000€100,000€150,000Operating result 2023: €139,151€139,000Net result 2023: €113,337€113,000Operating result 2024: -€5,674-€5,670Net result 2024: -€17,550-€17,600Operating result 2025: -€8,428-€8,430Net result 2025: -€19,868-€19,900202320242025
The operating result stays negative: a loss of €8,428 in 2025 against €5,674 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €435,433
Fixed assets €294,277 ▲ 13.7%
Current assets €141,156 ▼ 30.2%
Equity and liabilities €435,433
Equity €278,256 ▼ 6.7%
Debt €157,177 ▼ 3.5%
Debt's share of the balance-sheet total rises from 35.3% to 36.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,314▼
2024 · €4,444
Cash flow
-€7,126▲
2024 · -€7,433
Current ratio
3.81▼
2024 · 11.70
Debt to equity
0.56▲
2024 · 0.55
ROE
-7.1%▼
2024 · -5.9%
ROA
-4.6%▼
2024 · -3.8%
Interest coverage
0.38▲
2024 · 0.37
Debt ≤ 1 year
€37,077▲
2024 · €17,284
Debt > 1 year
€115,000▼
2024 · €140,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,915 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,915 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 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€461,008€435,433▼
Fixed assets21/28€258,823€294,277▲
Tangible fixed assets22/27€258,823€294,277▲
Land and buildings22€258,823€294,277▲
Current assets29/58€202,185€141,156▼
Amounts receivable within one year40/41-€33,391
Trade receivables40-€33,391
Cash at bank and in hand54/58€201,002€107,765▼
Deferred charges and accrued income490/1€1,183-
Equity and liabilities
Total equity and liabilities10/49€461,008€435,433▼
Equity10/15€298,124€278,256▼
Contributions10/11€303,531€303,531=
Profit (loss) carried forward14-€5,407-€25,275▼
Amounts payable17/49€162,884€157,177▼
Amounts payable after more than one year17€140,000€115,000▼
Other amounts payable178/9€140,000€115,000▼
Amounts payable within one year42/48€17,284€37,077▲
Trade debts44€15,329€32,138▲
Suppliers440/4€15,329€32,138▲
Other amounts payable47/48€1,955€4,939▲
Accrued charges and deferred income492/3€5,600€5,100▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,118€12,742▲
Other operating charges640/8€1,658€1,575▼
Gross operating margin9900€6,102€5,889▼
Operating profit (loss)9901-€5,674-€8,428▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€11,881€11,440▼
Recurring financial charges65€11,881€11,440▼
Profit (loss) for the period before taxes9903-€17,553-€19,868▼
Income taxes67/77-€3-
Profit (loss) for the period9904-€17,550-€19,868▼
Profit (loss) for the period to be appropriated9905-€17,550-€19,868▼
Appropriation of the result
Profit (loss) to be appropriated9906-€5,407-€25,275▼
Profit (loss) brought forward from the previous period14P€12,143-€5,407▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,888€14,096€10,151€10,118€12,742▲ 25.9%
Other operating charges640/8€2,038€2,200€2,288€1,658€1,575▼ 5.0%
Gross operating margin9900€12,290€15,659€151,590€6,102€5,889▼ 3.5%
Operating profit (loss)9901-€3,636-€637€139,151-€5,674-€8,428▼ 48.5%
Financial income75/76B---€1--
Recurring financial income75---€1--
Financial charges65/66B€5,500€7,002€11,860€11,881€11,440▼ 3.7%
Recurring financial charges65€5,500€7,002€11,860€11,881€11,440▼ 3.7%
Profit (loss) for the period before taxes9903-€9,137-€7,640€127,292-€17,553-€19,868▼ 13.2%
Income taxes67/77--€13,955-€3--
Profit (loss) for the period9904-€9,137-€7,640€113,337-€17,550-€19,868▼ 13.2%
Profit (loss) for the period to be appropriated9905-€9,137-€7,640€113,337-€17,550-€19,868▼ 13.2%
Line20212022202320242025Change
Assets
Total assets20/58€370,010€356,289€481,233€461,008€435,433▼ 5.5%
Fixed assets21/28€367,255€353,159€231,384€258,823€294,277▲ 13.7%
Tangible fixed assets22/27€367,255€353,159€231,384€258,823€294,277▲ 13.7%
Land and buildings22€366,834€352,906€231,299€258,823€294,277▲ 13.7%
Plant, machinery and equipment23€422€253€84---
Current assets29/58€2,755€3,130€249,849€202,185€141,156▼ 30.2%
Amounts receivable within one year40/41----€33,391-
Trade receivables40----€33,391-
Cash at bank and in hand54/58€2,755€2,076€249,849€201,002€107,765▼ 46.4%
Deferred charges and accrued income490/1-€1,054-€1,183--
Equity and liabilities
Total equity and liabilities10/49€370,010€356,289€481,233€461,008€435,433▼ 5.5%
Equity10/15€210,778€203,138€315,674€298,124€278,256▼ 6.7%
Contributions10/11€303,531€303,531€303,531€303,531€303,531=
Profit (loss) carried forward14-€92,754-€100,393€12,143-€5,407-€25,275▼ 367%
Provisions and deferred taxes16€4,886-----
Provisions for liabilities and charges160/5€4,886-----
Environmental obligations163€4,886-----
Amounts payable17/49€154,347€153,151€165,559€162,884€157,177▼ 3.5%
Amounts payable after more than one year17€141,850€140,000€140,000€140,000€115,000▼ 17.9%
Other amounts payable178/9€141,850€140,000€140,000€140,000€115,000▼ 17.9%
Amounts payable within one year42/48€7,457€2,511€19,959€17,284€37,077▲ 115%
Trade debts44-€1,054€1,728€15,329€32,138▲ 110%
Suppliers440/4-€1,054€1,728€15,329€32,138▲ 110%
Taxes, remuneration and social security45--€13,955---
Taxes450/3--€13,955---
Other amounts payable47/48€7,457€1,457€4,275€1,955€4,939▲ 153%
Accrued charges and deferred income492/3€5,040€10,640€5,600€5,600€5,100▼ 8.9%
Line20212022202320242025Change
Profit (loss) for the period9904-€9,137-€7,640€113,337-€17,550-€19,868▼ 13.2%
+ Depreciation and write-downs630€13,888€14,096€10,151€10,118€12,742▲ 25.9%
Operating cash flow (approximation)€4,751€6,457€123,487-€7,433-€7,126▲ 4.1%
Investment in fixed assets (approximation)-€0€111,624-€37,557-€48,196▼ 28.3%
Change in cash--€679€247,773-€48,847-€93,237▼ 90.9%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
19-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €113,337
Net result €113,337 after 5 loss-making years.
31-12
Financial Liquidity times 10current ratio 12.52
Current ratio from 1.25 to 12.52.
25-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity triplescurrent ratio 1.25
Current ratio from 0.37 to 1.25; short-term debt falls from €7,457 to €2,511.
17-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€31,015
Net result drops to -€31,015, the lowest in the series; recovery starts the following year.
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are 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, Lier · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
3,171 m²
Building footprint
178 m²
Volume, LiDAR
843 m³
Parcel 12392B0258/00C000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
KORKIMMO
Marnixdreef 40, 2500 LierReal estate activities
since 20142.234.436.867
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12392B0258/00C000 Flanders 3,171 m² 1 · 178 m² 7.8 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded24-07-2014
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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

Register as of 28 September 2026 · Peppol Directory

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