Equity
€4.1m from €7.0m in 2011
Equity fell by 41% in 14 years.
CUROSA
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €6.6m (2006)
-not published
lowest -€5.2m (2012)
€66,277▲ 158%
peak €7.0m (2011)
€4.1m▲ 1.6%
€798▼ 14.7%
peak 26.5 FTE (2009)
0 FTE
Board4 names since 2005
4 directorsCuyvers Bob and 3 others
Owners3 names in the annual accounts
Documentsfilings and deeds
29-06-202632 days before the deadline
2025financial year
Result from €25,658 to €66,277Cash from €168 to €332
Key points
from the 2025 annual accountsFilings
49 annual accounts since 1977
Three of the last ten came late. The 2021 accounts came latest: 31 days after the end of the period.
Position in the sector
100.0%
Higher solvency than 95% of companies in head offices and management consultancy. Sector median 53.3% · 3,873 companies.
Checked score
94
Excellent
Financially stronger than 53% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.6%▲ +0.1 percentage points vs 02-2025
04-2025: 0.5%▼ -0.1 percentage points vs 03-2025
05-2025: 0.6%▲ +0.1 percentage points vs 04-2025highest value
06-2025: 0.3%▼ -0.3 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.1%▼ -0.2 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 4613.19, cash €332
lowers risk
Size: total assets €4.1m
Founded in 1973
Equity €4.1m (100.0% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small). It does better than 85% of them on solvency, 44% on liquidity, 40% on profitability and 41% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as CUROSA has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CUROSA itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for CUROSA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €380,000 on 30-day terms is acceptable
Short-term debt is 0% and cash 0% of total assets. 0% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
62 days early
2023
5 days early
2022
29 days late
2021
31 days late
2020
27 days late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
CB
Cuyvers Bob
Director, since 19-09-2005
CM
Cuyvers Marc
Director, since 28-09-2005
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0413693617
Registered office moved from Genk to Houthalen-Helchteren
New registered office: Bronweg 57, 3530 Houthalen-Helchteren · Previous registered office: Toekomstlaan 21, 3600 Genk · General meeting of 05-03-2024 · Gazette deed
Transfer: CUROSA transfers a branch of activity to BETONWERKEN VETS EN ZONEN
Gazette deed
Transfer: VAHEJA transfers a branch of activity to BETONWERKEN VETS & ZONEN
Company renamed from VAHEJA to CUROSA · Registered office moved to Genk · New registered office: Toekomstlaan 21, 3600 Genk · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CUROSA Houthalen-Helchteren | €4.1m | -€2,588 | 100.0% | 0 |
| TRY DENDERMONDE Dendermonde | €4.1m | -€135,719 | 64.3% | 0 |
| K.M.O. ADVIES Deinze | €3.5m | -€16,280 | 4.1% | 0.3 |
| CGHVB Anderlecht | €5.1m | -€148 | 62.8% | 0 |
| PATCHKA Genk | €3.3m | -€14,922 | 80.4% | 0 |
| Ferrum Antwerp | €5.9m | -€10,775 | 99.9% | 0 |
| MT - MANAGEMENT Ghent | €6.3m | -€33,453 | 91.7% | 0 |
These companies have the same main activity as CUROSA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €3.3m and €6.3m, founded between 1951 and 1996.
Official details
Source: KBO- Status
- Active since 09-11-1973Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.037.790.0543530 Houthalen-Helchteren, since 01-01-1974
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Annual accounts 2025
- €4.1m▼ 1.1%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Companies linked to CUROSA
Parent and group
Insights on CUROSA
CUROSA has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of €66,277.
Equity has been growing by about 7.1% per year since 2018. Its solvency ranks better than 95% of 3,873 sector peers (NACE 70, financial year 2025).
The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CUROSA
- What is the company number of CUROSA?
- The company number of CUROSA is 0413.693.617. The VAT number is the same number with BE in front: BE 0413.693.617.
- Where is CUROSA based?
- The registered office is at Bronweg 57, 3530 Houthalen-Helchteren.Company details
- What does CUROSA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of CUROSA?
- CUROSA is a public limited company (NV).
- When was CUROSA founded?
- CUROSA was founded on 09-11-1973.
- Is CUROSA still active?
- Yes, CUROSA is an active enterprise in the KBO register.
- How many employees does CUROSA have?
- CUROSA had an average of 18.7 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of CUROSA?
- The annual accounts for financial year 2025 state no turnover. In financial year 2018 turnover was €3.7m.
- Is CUROSA profitable?
- In financial year 2025, CUROSA made a profit of €66,277.
- Where can I find the annual accounts of CUROSA?
- CUROSA filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CUROSA due?
- CUROSA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.