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KORTVLEES

Active
Private limited companyfounded 20223 yrs activeTiensestraat 99, 3470 Kortenaken, BelgiumKBO/BCE: BE 0794.189.082
Summary

The computed 12-month bankruptcy probability of KORTVLEES is 2.3% (moderate). The annual accounts of KORTVLEES for fiscal year 2025 show a net loss of 142% of the equity at the start of that year. The 2025 annual accounts show equity of €211,610 and a net result of -€52,917. Equity is growing by ~252.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 1596 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Manufacture of food products
NACE 10111NACE 10110
#1 company by total assets in Kortenaken, Manufacturing sector1 site
How big
€1.9mtotal assets 2025
Equity
€211,610
Loss
-€52,917
Turnover not published (abridged schema)
Financially healthy?
42 Weak Checked score 2025
Bankruptcy chance 12 m
2.3%
Who decides
Accounts filed 27 d late0 of 1 deed read
Why 42- Limited track record- Higher-failure-rate sectorFiled after the deadlineShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability15▲+15
Solvency36▼-64
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.53 against 3.22 in 2024; short-term debt: 49.3% and cash: 25.6% of total assets), and 88.9% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
27 d late
2024
14 d early
2023
41 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed 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 17 July (3 of the last 3 filed years within 41 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€52,917
  3. Equity above €200,000Eq €211,610 ▲467%

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€52,917 View
  • Positive: Equity rose in 2025from €37,290 to €211,610 ▲ 467% View
  • Caution: Among the weakest 5% on net resultsector median €8,231 · 1,598 companies -€52,917 View
  • Flemish supportawarded 2023 - 2025 €192,545 View

By topic

Financials

Fiscal year
2025
Total assets
€1.9m
Loss
-€52,917
Solvency
11.1%
Total assets▲ 4,839%
Net result
20232025
Go to Financials

Timeline

Events
5
Since
2024
Next accounts
by 31-07-2027
  1. 27-08-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 31-12-2025Equity above €200,000
Go to Timeline

Support & recognitions

Funding sources
1
Recognitions
1 register
Flemish government
€192,545awarded · 2023 - 2025
FASFC
1authorised site
Go to Support & recognitions

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of food productsNACE 10111
Founded
29-11-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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