KORWIJT
ActiveKORWIJT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €549k and a net result of €108k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 90% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
97
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 12.9 against 12.42 in 2024; short-term debt: 7.7% and cash: 38.8% of total assets), and 8.4% 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 70
Relative position
BE, all sectors
reference
Sector 70
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
91.6%
Return on assets
18%
Age of the figures
9 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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
16 d early
2023
16 d early
2022
19 d early
2021
60 d late
2020
61 d late
2019
25 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€549k▲ 24.2%
2024 · €442k
2018: €153k
2019: €198k
2020: €239k
2021: €294k
2022: €327k
2023: €340k
2024: €442k
2018 → 2025
Total assets
€600k▲ 3.9%
2024 · €578k
2018: €517k
2019: €509k
2020: €500k
2021: €526k
2022: €508k
2023: €463k
2024: €578k
2018 → 2025
Net result
€108k▲ 4.5%
2024 · €103k
2018: €30k
2019: €46k
2020: €42k
2021: €55k
2022: €35k
2023: €13k
2024: €103k
2018 → 2025
Working capital
€548k▲ 4.0%
2024 · €527k
2018: €32k
2019: €95k
2020: €149k
2021: €219k
2022: €268k
2023: €431k
2024: €527k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€294k-€327k▲ 11.5%€340k▲ 3.8%€442k▲ 30.2%€549k▲ 24.2%
Operating result€75k-€50k▼ 33.6%€24k▼ 51.7%€144k▲ 499%€141k▼ 1.7%
Net result€55k-€35k▼ 37.3%€13k▼ 62.1%€103k▲ 685%€108k▲ 4.5%
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 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €600k
Fixed assets
€6k▲ 30.3%
Current assets
€594k▲ 3.7%
Equity and liabilities €600k
Equity
€549k▲ 24.2%
Debt
€51k▼ 62.7%
The debt ratio falls from 23.5% to 8.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€143k▼
2024 · €145k
Cash flow
€110k▲
2024 · €105k
Solvency
91.6%▲
2024 · 76.5%
Current ratio
12.90▲
2024 · 12.42
Quick ratio
12.90▲
2024 · 12.42
Debt / equity
0.09▼
2024 · 0.31
ROE
19.7%▼
2024 · 23.4%
ROA
18.0%▲
2024 · 17.9%
Interest coverage
69.76▲
2024 · 18.52
Debt
€51k▼
2024 · €136k
Debt ≤ 1 year
€46k▼
2024 · €46k
Debt > 1 year
€4k▼
2024 · €83k
Income taxes
€37k▼
2024 · €38k
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€578k€600k▲
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€4k€6k▲
Furniture and vehicles24€4k€6k▲
Current assets29/58€573k€594k▲
Amounts receivable within one year40/41€5k€62k▲
Trade receivables40€5k€61k▲
Other amounts receivable41€0€831▲
Current investments50/53€300k€300k=
Cash at bank and in hand54/58€268k€232k▼
Deferred charges and accrued income490/1€349€367▲
Equity and liabilities
Total equity and liabilities10/49€578k€600k▲
Equity10/15€442k€549k▲
Contributions10/11€75k€75k=
Reserves13€367k€474k▲
Distributable reserves133€367k€474k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€136k€51k▼
Amounts payable after more than one year17€83k€4k▼
Financial debts170/4€83k€4k▼
Amounts payable within one year42/48€46k€46k▼
Current portion of amounts payable after more than one year42€4k€4k=
Trade debts44€5k€7k▲
Suppliers440/4€5k€7k▲
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€4k€4k▼
Remuneration and social security454/9€917€0▼
Other amounts payable47/48€31k€30k▼
Accrued charges and deferred income492/3€6k€527▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€847€874▲
Non-recurring operating charges66A€126€713▲
Gross operating margin9900€146k€145k▼
Operating profit (loss)9901€144k€141k▼
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€8k€2k▼
Recurring financial charges65€8k€2k▼
Profit (loss) for the period before taxes9903€141k€145k▲
Income taxes67/77€38k€37k▼
Profit (loss) for the period9904€103k€108k▲
Profit (loss) for the period to be appropriated9905€103k€108k▲
Appropriation of the result
Profit (loss) to be appropriated9906€103k€108k▲
Transfer to equity691/2€102k€107k▲
To other reserves6921€102k€107k▲
Profit to be distributed694/7€920€857▼
Return on contributions (dividend)694€920€857▼
The notes to these accounts (12 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €108k ▲4.5%
Net result €108k, the highest in the series.
31-12
Financial
Equity above €500kEq €549k ▲24.2%
8 profitable years in a row build equity to €549k.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €13k ▼62.1%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 15.02
Current ratio from 4.15 to 15.02; short-term debt falls from €85k to €31k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Equity above €200kEq €239k ▲20.8%
3 profitable years in a row build equity to €239k.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kortrijk · 1 establishment unit since 2007
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.
Overleiestraat(Kor) 528500 KortrijkGround area
392 m²
Building footprint
215 m²
Volume, LiDAR
1,295 m³
Parcel 34352F0621/00G000, Flanders · tallest building 13.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KORWIJT
since 20072.166.455.309
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352F0621/00G000 | Flanders | 392 m² | 1 · 215 m² | 13.5 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500B7OQJ2L5E2MA49
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 33,892 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-2007
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.