CORAMO
ActiveSummary
CORAMO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €193k and a net result of €16k. Equity is growing by ~54.1% per year across the filed fiscal years. Its solvency ranks better than 92% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability78▼-22
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 10.73 against 4.21 in 2023; short-term debt: 7.2% and cash: 23% of total assets), and 7.2% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
7 d early
2022
27 d early
2021
31 d early
2020
52 d early
2019
73 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€193k▲ 8.8%
2023 · €177k
Total assets
€208k▼ 5.0%
2023 · €219k
Net result
€16k▼ 72.3%
2023 · €56k
Working capital
€144k▲ 9.0%
2023 · €133k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€43k▲ 2,933%€38k▼ 11.8%€59k▲ 53.5%€78k▲ 32.7%€22k▼ 72.4%
Net result€31k▲ 10,481%€25k▼ 17.7%€40k▲ 57.9%€56k▲ 40.3%€16k▼ 72.3%
Equity€49k▲ 168%€75k▲ 51.6%€115k▲ 53.7%€177k▲ 54.5%€193k▲ 8.8%
Total assets€60k▲ 65.2%€89k▲ 48.7%€147k▲ 65.4%€219k▲ 49.2%€208k▼ 5.0%
Debt€10k▼ 41.4%€14k▲ 34.7%€32k▲ 128%€41k▲ 30.1%€15k▼ 64.1%
Working capital€36k▲ 399%€62k▲ 73.2%€104k▲ 67.1%€133k▲ 28.0%€144k▲ 9.0%
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 2024; 2024 is 72% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €208k
Fixed assets
€48k ▲ 8.2%
Current assets
€159k ▼ 8.4%
Equity and liabilities €208k
Equity
€193k ▲ 8.8%
Debt
€15k ▼ 64.1%
Debt's share of the balance-sheet total falls from 18.9% to 7.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▼
2023 · €83k
Cash flow
€24k▼
2023 · €62k
Current ratio
10.73▲
2023 · 4.21
Debt to equity
0.08▼
2023 · 0.23
ROE
8.1%▼
2023 · 31.8%
ROA
7.5%▼
2023 · 25.7%
Interest coverage
25.47▼
2023 · 55.21
Debt ≤ 1 year
€15k▼
2023 · €41k
Income taxes
€8k▼
2023 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €4k | €5k | €8k | ▲ 56.0% |
| Other operating charges640/8 | - | €5k | €859 | €482 | €897 | ▲ 86.0% |
| Gross operating margin9900 | €47k | €48k | €64k | €84k | €31k | ▼ 63.4% |
| Operating profit (loss)9901 | €43k | €38k | €59k | €78k | €22k | ▼ 72.4% |
| Financial income75/76B | - | €37 | €226 | €3k | €3k | ▼ 5.5% |
| Recurring financial income75 | €258 | €37 | €226 | €3k | €3k | ▼ 5.5% |
| Financial charges65/66B | - | €2k | €2k | €2k | €1k | ▼ 22.4% |
| Recurring financial charges65 | €162 | €2k | €2k | €2k | €1k | ▼ 22.4% |
| Profit (loss) for the period before taxes9903 | €43k | €37k | €57k | €79k | €23k | ▼ 70.9% |
| Income taxes67/77 | €13k | €11k | €17k | €23k | €8k | ▼ 67.3% |
| Profit (loss) for the period9904 | €31k | €25k | €40k | €56k | €16k | ▼ 72.3% |
| Transfer from tax-exempt reserves789 | - | €349 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €31k | €26k | €40k | €56k | €16k | ▼ 72.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €60k | €89k | €147k | €219k | €208k | ▼ 5.0% |
| Fixed assets21/28 | €13k | €13k | €11k | €45k | €48k | ▲ 8.2% |
| Tangible fixed assets22/27 | €13k | €13k | €11k | €45k | €48k | ▲ 8.2% |
| Plant, machinery and equipment23 | - | €4k | €3k | €3k | €2k | ▼ 20.0% |
| Furniture and vehicles24 | - | €5k | €6k | €9k | €8k | ▼ 6.6% |
| Other tangible fixed assets26 | - | €4k | €3k | €34k | €38k | ▲ 14.1% |
| Current assets29/58 | €46k | €76k | €135k | €174k | €159k | ▼ 8.4% |
| Amounts receivable after more than one year29 | - | - | €95k | €98k | €101k | ▲ 2.8% |
| Other amounts receivable291 | - | - | €95k | €98k | €101k | ▲ 2.8% |
| Amounts receivable within one year40/41 | €21k | €11k | €30k | €25k | €10k | ▼ 59.7% |
| Trade receivables40 | - | €10k | €30k | €14k | €7k | ▼ 48.9% |
| Other amounts receivable41 | - | €1k | - | €10k | €3k | ▼ 75.1% |
| Cash at bank and in hand54/58 | €25k | €64k | €10k | €50k | €48k | ▼ 4.9% |
| Deferred charges and accrued income490/1 | - | €768 | €418 | €1k | €954 | ▼ 23.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €60k | €89k | €147k | €219k | €208k | ▼ 5.0% |
| Equity10/15 | €49k | €75k | €115k | €177k | €193k | ▲ 8.8% |
| Contributions10/11 | - | €12k | €12k | €19k | €19k | = |
| Outside capital11 | - | €12k | €12k | €19k | €19k | = |
| Other1109/19 | - | €12k | €12k | €19k | €19k | = |
| Reserves13 | €37k | €62k | €102k | €158k | €174k | ▲ 9.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €60k | €100k | €156k | €172k | ▲ 10.0% |
| Profit (loss) carried forward14 | €292 | €292 | €292 | €292 | €292 | = |
| Amounts payable17/49 | €10k | €14k | €32k | €41k | €15k | ▼ 64.1% |
| Amounts payable within one year42/48 | €10k | €14k | €32k | €41k | €15k | ▼ 64.1% |
| Trade debts44 | €3k | €2k | €3k | €15k | €5k | ▼ 65.5% |
| Suppliers440/4 | - | €2k | €3k | €15k | €5k | ▼ 65.5% |
| Taxes, remuneration and social security45 | - | €12k | €25k | €25k | €4k | ▼ 82.0% |
| Taxes450/3 | - | €12k | €25k | €25k | €4k | ▼ 82.0% |
| Other amounts payable47/48 | - | - | €3k | €1k | €5k | ▲ 297% |
| Accrued charges and deferred income492/3 | - | €48 | €131 | €48 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31k | €25k | €40k | €56k | €16k | ▼ 72.3% |
| + Depreciation and write-downs630 | €4k | €5k | €4k | €5k | €8k | ▲ 56.0% |
| Operating cash flow (approximation) | €35k | €30k | €44k | €62k | €24k | ▼ 61.3% |
| Investment in fixed assets (approximation) | - | €-4k | €-3k | €-39k | €-12k | ▲ 69.2% |
| Change in cash | - | €39k | €-54k | €40k | €-2k | ▼ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 10.73
Current ratio from 4.21 to 10.73; short-term debt falls from €41k to €15k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €56k ▲40.3%
Operating result €78k, net result €56k, both a record.
31-12
Financial
Equity above €150kEq €177k ▲54.5%
6 profitable years in a row build equity to €177k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €115k ▲53.7%
5 profitable years in a row build equity to €115k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 4.45
Current ratio from 1.40 to 4.45; short-term debt falls from €18k to €10k.
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
31-12
Financial
Weakest financial yearnet €292 ▼94.9%
Net result drops to €292, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Waterloo · 1 establishment unit since 2017
Ground area
996 m²
Building footprint
120 m²
Volume, LiDAR
687 m³
Parcel 25110S0340/00T000, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CORAMO
since 20172.269.101.796
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110S0340/00T000 | Wallonia | 996 m² | 1 · 119 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 14,828 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.