Korotec
ActiveKorotec has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €372k and a net result of €16k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-35
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 35.74 against 19.61 in 2024), and 2.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.3%
Return on assets
4.3%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
31 d early
2023
1 d early
2022
4 d early
2021
31 d early
2020
2 d early
2019
4 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
04-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€372k▲ 4.6%
2024 · €356k
2022: €282k
2023: €315k
2024: €356k
2022 → 2025
Total assets
€382k▲ 2.0%
2024 · €375k
2022: €302k
2023: €336k
2024: €375k
2022 → 2025
Net result
€16k▼ 59.6%
2024 · €40k
2022: €36k
2023: €33k
2024: €40k
2022 → 2025
Working capital
€362k▲ 5.7%
2024 · €343k
2022: €270k
2023: €303k
2024: €343k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€282k-€315k▲ 11.8%€356k▲ 12.8%€372k▲ 4.6%
Operating result€49k-€48k▼ 2.0%€55k▲ 15.9%€21k▼ 62.3%
Net result€36k-€33k▼ 7.5%€40k▲ 21.5%€16k▼ 59.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 62% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €382k
Fixed assets
€10k▼ 28.4%
Current assets
€373k▲ 3.2%
Equity and liabilities €382k
Equity
€372k▲ 4.6%
Debt
€10k▼ 45.5%
The debt ratio falls from 5.1% to 2.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€25k▼
2024 · €59k
Cash flow
€20k▼
2024 · €44k
Solvency
97.3%▲
2024 · 94.9%
Current ratio
35.74▲
2024 · 19.61
Quick ratio
35.74▲
2024 · 19.61
Debt / equity
0.03▼
2024 · 0.05
ROE
4.4%▼
2024 · 11.4%
ROA
4.3%▼
2024 · 10.8%
Interest coverage
13.31▼
2024 · 16.84
Debt
€10k▼
2024 · €19k
Debt ≤ 1 year
€10k▼
2024 · €18k
Income taxes
€7k▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Total assets
20/58€375k€382k▲
Fixed assets
21/28€13k€10k▼
Tangible fixed assets
22/27€13k€10k▼
Current assets
29/58€361k€373k▲
Amounts receivable within one year
40/41€13k€37k▲
Investments
50/53€214k€220k▲
Cash & bank
54/58€135k€115k▼
Total equity & liabilities
10/49€375k€382k▲
Equity
10/15€356k€372k▲
Contributions / capital
10/11€6k€6k=
Reserves
13€349k€366k▲
Amounts payable
17/49€19k€10k▼
Amounts payable within one year
42/48€18k€10k▼
Trade debts payable within one year
44€5k€3k▼
Income statement
Code20242025
Gross operating margin
9900€61k€27k▼
Operating result
9901€55k€21k▼
Financial income
75€5k€4k▼
Financial charges
65€3k€2k▼
Result before taxes
9903€57k€23k▼
Income taxes
67/77€17k€7k▼
Net result for the period
9904€40k€16k▼
Result to be appropriated
9905€40k€16k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €16k ▼59.6%
Net result drops to €16k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €40k ▲21.5%
Operating result €55k, net result €40k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
27-05
State Gazette act
Registered-office change
Geraldine COPS
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 52 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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Of 2,730 companies in sector 63100 we hold annual accounts for 1,203. 850 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2011
Fiscal year end31-12
Activities, NACEBEL
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 17-08-2026. Scores and ratios are computed by Checked and are not a credit decision.