KORP
ActiveKORP has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €918k and a net result of €86k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 94% of 2672 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▼-6
Solvency100▲+12
Growth63=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 4.13 against 1.48 in 2024), and 5.3% 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 62
Relative position
BE, all sectors
reference
Sector 62
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
94.7%
Return on assets
8.9%
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
1 d early
2023
14 d early
2022
11 d late
2021
12 d early
2020
121 d late
2019
7 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€240k=
2022 · €240k
2022: €240k
2022 → 2023
EBIT margin
66.0%▲ 0.9pp
2022 · 65.1%
2022: 65.1%
2022 → 2023
Net result
€86k▼ 4.8%
2024 · €90k
2018: €43k
2019: €13k
2020: €361k
2021: €111k
2022: €112k
2023: €116k
2024: €90k
2018 → 2025
Working capital
€160k▲ 96.3%
2024 · €82k
2018: €-420k
2019: €-207k
2020: €-131k
2021: €56k
2022: €72k
2023: €78k
2024: €82k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€240k€240k=
Equity€670k-€782k▲ 16.7%€850k▲ 8.7%€845k▼ 0.6%€918k▲ 8.6%
Operating result€156k-€156k=€158k▲ 1.3%€141k▼ 10.8%€132k▼ 6.4%
Net result€111k-€112k▲ 0.8%€116k▲ 3.2%€90k▼ 22.0%€86k▼ 4.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 6% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €969k
Fixed assets
€758k▼ 0.7%
Current assets
€211k▼ 15.9%
Equity and liabilities €969k
Equity
€918k▲ 8.6%
Debt
€51k▼ 69.7%
The debt ratio falls from 16.7% to 5.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€137k▼
2024 · €147k
Cash flow
€91k▼
2024 · €96k
Solvency
94.7%▲
2024 · 83.3%
Current ratio
4.13▲
2024 · 1.48
Quick ratio
4.13▲
2024 · 1.48
Debt / equity
0.06▼
2024 · 0.20
ROE
9.4%▼
2024 · 10.7%
ROA
8.9%▼
2024 · 8.9%
Interest coverage
25.03▲
2024 · 17.92
Debt
€51k▼
2024 · €170k
Debt ≤ 1 year
€51k▼
2024 · €170k
Income taxes
€41k▼
2024 · €43k
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
Assets
Total assets20/58€1.01M€969k▼
Fixed assets21/28€763k€758k▼
Tangible fixed assets22/27€18k€12k▼
Furniture and vehicles24€3k€764▼
Other tangible fixed assets26€14k€12k▼
Financial fixed assets28€746k€746k=
Current assets29/58€251k€211k▼
Amounts receivable within one year40/41€48k€48k=
Trade receivables40€48k€48k=
Cash at bank and in hand54/58€201k€161k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.01M€969k▼
Equity10/15€845k€918k▲
Contributions10/11€19k€19k=
Reserves13€486k€559k▲
Distributable reserves133€486k€559k▲
Profit (loss) carried forward14€340k€340k=
Amounts payable17/49€170k€51k▼
Amounts payable within one year42/48€170k€51k▼
Trade debts44€2k€838▼
Suppliers440/4€2k€838▼
Taxes, remuneration and social security45€32k€37k▲
Taxes450/3€32k€37k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€136k€13k▼
Accrued charges and deferred income492/3-€291
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€3k€0▼
Gross operating margin9900€151k€139k▼
Operating profit (loss)9901€141k€132k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€133k€127k▼
Income taxes67/77€43k€41k▼
Profit (loss) for the period9904€90k€86k▼
Profit (loss) for the period to be appropriated9905€90k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€431k€426k▼
Profit (loss) brought forward from the previous period14P€340k€340k=
Transfer from equity791/2€96k€13k▼
Transfer to equity691/2€90k€86k▼
To other reserves6921€90k€86k▼
Profit to be distributed694/7€96k€13k▼
Return on contributions (dividend)694€96k€13k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity triplescurrent ratio 4.13
Current ratio from 1.48 to 4.13; short-term debt falls from €170k to €51k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 11 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 3.73
Current ratio from 1.52 to 3.73; short-term debt falls from €108k to €26k.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 1.52
Current ratio from 0.57 to 1.52; short-term debt falls from €308k to €108k.
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 121 days late
2020
31-12
Financial
Highest result since 2018net €361k ▲2677%
Operating result €160k, net result €361k, both a record.
31-12
Financial
Equity above €500kEq €559k ▲70.5%
3 profitable years in a row build equity to €559k.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €13k ▼69.8%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Hoegaarden · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bleyveldstraat 143320 HoegaardenGround area
5,233 m²
Building footprint
1,399 m²
Volume, LiDAR
7,609 m³
Parcel 24041L0191/00D000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KORP
since 20092.177.013.560
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24041L0191/00D000 | Flanders | 5,233 m² | 1 · 1,399 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
BLITSS
BE 0820.020.875
Izegem · Eq €918k
OCS Consulting
BE 0713.942.962
Gent · Eq €918k
VAN CAUWENBERGE CONSULTING
BE 0866.970.360
Gent · Eq €917k
AgilePoint EMEA
BE 0843.220.703
Oostende · Eq €917k
ECI Software Solutions Belgium
BE 0657.835.984
Zele · Eq €920k
Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 8,944 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2009
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
64200Holdings
64210Activities of holding companies
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.