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CORCA

In bankruptcy Public limited companyfounded 1990Grote Markt 15, 8900 YpresKBO/BCE: BE 0442.566.161
CORCA
Follow Report

Overview

Information for creditors

Enterprise Court of Ghent, Ypres division · Official Gazette of 12-05-2025
Appeal or third-party opposition 27-05-2025Filing the claim in RegSol 05-06-2025First verification report 27-06-2025Late claim 06-05-2026

Trustee: Magali Mullebrouck. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

17 annual accounts with figures on one time axis, 33 filings since 1991
peak €315,039 (2017)
€37,116▼ 18.1%
lowest -€63,624 (2023)
-€63,624▼ €23,845
peak €91,028 (2021)
-€12,374▼ €63,624
€438,648▼ 1.1%
peak 7.4 FTE (2013)
-not published
Board3 names since 2019
- 
Documentsfilings and deeds
06-12-2024128 days late
2023micro format
Gross margin from €45,341 to €37,116Loss of €63,624Equity from €51,250 to -€12,374

Key points

from the 2023 annual accounts, the last ones filed

Equity

-€12,374 from €91,028 in 2021

Equity fell below zero in 2023.

Losses

-€103,402 in two years
-39,7792022-63,6242023

The 2022 and 2023 financial years closed with a loss. 2023 was the heaviest.

Debts

€438,648 103% of the balance sheet
Financial debts 14%Suppliers 26%Taxes and wages 31%Other 29%

Of this, €424,726 falls due within a year.

Staff

1 FTE from 7.4 in 2013

Between 2013 and 2023, 86% of the full-time equivalents disappeared.

Filings

33 annual accounts since 1991
AprilJune31 JulyOctober200020102020

Nine of the last ten came late. The 2019 accounts came latest: 131 days after the end of the period.

No score

Board and ownership

last known board
CN
Cathelin Neyens
Director, last mentioned in 2020
CC
Catherine Charlet
Director, last mentioned in 2020
LN
Leopoldine Neyens
Director, last mentioned in 2020
Board & ownership

Recent changes

Bankruptcy published Enterprise Court of Ghent, Ypres division · judgment of 06-05-2025 · Bankruptcy
Registered office moved within Ypres New registered office: GROTE MARKT 15 TE 8900 IEPER · Previous registered office: GROTE MARKT 5 TE 8900 IEPER · General meeting of 01-09-2021 · Gazette deed
3 directors reappointed Catherine Charlet (chair and managing director), Leopoldine Neyens and Cathelin Neyens · General meeting of 27-05-2019 · Gazette deed
First establishment ASCOT, Grote Markt 15, Ypres
All 42 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 06-05-2025
Activity
Retail sale of footwearNACE 47721and 2 others
Joint committees
302Hotels and catering
201Independent retail · annual accounts 2023
Establishment unit
2.297.126.9778900 Ypres, since 01-01-2019
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2023

€37,116▼ 18.1%
≈ €180,000estimated
€63,624▲ 59.9%
-€12,374
€426,274▼ 13.8%
Employeeson 31-12-2023
1=
Filing
Filed on 06-12-2024
Financials

Insights on CORCA

Equity fell from €91,028 in 2021 to -€12,374 in 2023.

On 6 May 2025 the court declared CORCA bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2023

micro format, filed on 06-12-2024, 128 days late
€37,116
▼ 18.1%
-€54,623
▼ €29,887
-€24,119
▼ €32,293
-€33,119
▼ €26,251
-2.9%
▼ 13.3 percentage points
0.32
▼ 0.18

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €180,000. Estimated: probably between €96,000 and €320,000.

Money flows

no detail for 2023

Balance sheet

balance sheet total €426,274 on 31-12-2023
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-2.9%

Higher than 21% of 23,980 companies in 2023.

0.32

Higher than 8% of 23,183 companies in 2023.

-14.9%

Higher than 14% of 23,323 companies in 2023.

CORCA Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Staff

€52,469

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 426,274494,597631,386699,261672,762651,470519,904608,838217,070224,462218,280280,103294,761309,842146,486144,219145,440
21/28 290,771321,275354,185410,990458,660452,709384,721375,538196,303177,708177,685210,906240,450270,258102,351116,294107,414
21 40,00050,00060,00070,00080,00090,000-----------
22/27 250,771271,275294,185340,990378,660362,709384,721375,538196,303177,708177,685210,906240,450270,258102,351116,294107,414
22 78,56784,18989,81095,432101,053106,675112,296117,918115,077120,277125,477130,677135,890141,126108167226
23 -2,3176,95028,45846,12054,99847,38163,72215,21412,10919,75840,66359,49575,41185,07991,390102,204
24 ---1,73402875737751,3433982,8385,27812,41819,91617,16424,7374,984
26 172,204184,770197,425215,367231,487191,078203,220160,29320,25924,93629,61234,28932,64733,804---
29/58 135,503173,322277,201288,270214,102198,761135,183233,30020,76746,75340,59669,19654,31139,58444,13527,92538,026
3 135,360173,140174,950185,820138,423146,47035,24415,8602,4803,5207,5368,7237,6823,5266,7507,58016,673
30/36 135,360173,140174,950185,820138,423146,47035,24415,8602,4803,5207,5368,7237,6823,5266,7507,58016,673
40/41 211799,83799,53771,75741,11042,791165,3369,2309,1767,99616,51015,99617,53817,47212,2624,726
40 --97,13787,83762,75732,11033,791148,3401,2341,180-514-341-1,0701,275
41 21172,70011,7009,0009,0009,00016,9967,9967,9967,99615,99615,99617,19717,47211,1923,451
54/58 1231652,4142,9133,92111,18156,37651,3327,48015,1638,81043,68524,35418,24119,9138,08316,280
490/1 ------7727721,57718,89416,2532796,279279--347
Balance sheet: equity and liabilities
10/49 426,274494,597631,386699,261672,762651,470519,904608,838217,070224,462218,280280,103294,761309,842146,486144,219145,440
10/15 -12,37451,25091,02885,15183,02478,79134,69215,695-14,802-35,963-50,2143,71231,20257,96464,86958,76552,753
10/11 102,000102,000102,000102,000102,000102,000102,000102,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
10 102,000102,000102,000--------------
100 102,000102,000102,000102,000102,000102,000102,000102,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
13 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
130/1 6,2006,2006,2006,200-------------
130 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
14 -120,574-56,950-17,172-23,049-25,176-29,409-73,508-92,505-83,002-104,163-118,414-64,488-36,998-10,236-3,331-9,435-15,447
17/49 438,648443,348540,358614,110589,738572,678485,212593,143231,872260,425268,494276,390263,559251,87881,61785,45492,687
17 13,92298,93398,93398,933137,619179,506226,666207,313113,21199,74792,445101,111115,168136,4629,00328,58736,732
170/4 13,92298,93398,93398,933137,619179,506226,666207,313113,21199,74792,445101,111115,168136,4629,00328,58736,732
42/48 424,726344,415441,426515,177452,120393,172258,546385,831118,660160,678176,050175,279148,391110,39269,28356,34855,955
42 15,39957,66857,66857,66853,08747,14339,01643,23219,42612,6738,66714,05730,00028,86519,58425,36425,845
43 49,25049,00049,00049,00049,04849,00049,00049,00043,00044,70049,90049,90047,837-14,167--
430/8 49,25049,00049,00049,00049,04849,00049,00049,00043,00044,70049,90049,90047,837-14,167--
44 112,79771,052178,803206,472152,450161,39697,532247,17518,24574,10447,07040,14333,11926,3999,42010,11313,842
440/4 112,79771,052178,803206,472152,450161,39697,532247,17518,24574,10447,07040,14333,11926,3999,42010,11313,842
45 136,77755,51958,88959,35058,52862,67823,18223,34215,25924,58754,03651,22621,15022,66611,6448,8547,517
450/3 82,45936,88258,88953,80946,04149,9749,04912,5822,82613,87127,47048,91121,15017,6495,4003,5093,337
454/9 54,31818,636-5,54112,48612,70414,13310,76112,43310,71626,5662,315-5,0176,2445,3454,180
47/48 110,502111,17697,065142,688139,00772,95449,81623,08122,7304,61416,37719,95416,28532,46214,46812,0178,751
492/3 -------------5,0233,331519-
Income statement
70 ---------------249,463214,905
76A -------------5,856-840-
9900 37,11645,341-6,76569,586176,475266,689315,039182,106219,914236,727129,911124,167118,292112,352105,96899,69166,727
60/61 ---------------154,487150,677
62 52,46929,875-5,47815,753106,114133,808208,625134,516139,368169,763122,15791,83782,91277,08064,27558,20034,365
630 30,50432,91033,05049,65943,45860,77345,02134,80531,12223,64234,00142,53341,44838,78328,90526,68124,058
640/8 8,7657,2923,7667,3092,3445,8979,1039,4969,0757,1134,7725,2034,3972,2312,6502,3964,811
66A ----------720----3,256-
9901 -54,623-24,736-38,103-3,13624,56066,21152,2903,28940,35036,209-31,019-15,407-10,465-5,74210,13812,4143,493
75/76B 17135875,04920,0441001,48016118130161306911649212376
75 17135849441001,48016118130161306911649212376
76B --75,00020,000-------------
65/66B 9,17215,40131,06814,59620,18123,32033,14512,81019,31821,97422,31812,08813,8077,0353,2834,1983,837
65 9,17215,4017,31314,59620,18123,32020,40912,81019,31821,97422,31812,08813,8077,0353,2834,1983,837
66B --23,755---12,736----------
9903 -63,624-39,7795,8772,3124,47944,37119,306-9,50321,16214,251-53,926-27,490-24,181-6,9056,9046,01232
67/77 ---1852462723090----2,581-800-10
9904 -63,624-39,7795,8772,1274,23244,09918,997-9,50321,16214,251-53,926-27,490-26,762-6,9056,1046,01222
9905 -63,624-39,7795,8772,1274,23244,09918,997-9,50321,16214,251-53,926-27,490-26,762-6,9056,1046,01222
Appropriation of the result
9906 -120,574-56,950-17,172-23,049-25,176-29,409-73,508-92,505-83,002-104,163-118,414-64,488-36,998-10,236-3,331-9,435-15,447
14P -56,950-17,172-23,049--------------
Social balance sheet
9087 11-3.94.55.16.64.25.46.57.44.44.23.53.72.71.4
Hours worked1013 1,7601,076-2,6627,3298,09910,5817,2308,8588,0736,1154,3663,8624,0383,3923,3212,030
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 16 older financial years (1991-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2023 (PDF), filed on 06-12-2024.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2023 annual accounts filed 128 days after the deadline. Filed on 6 December 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00611152.

Financial year Type Filed Reference Document
31-12-2023 micro format 06-12-2024 2024-00611152 PDF
31-12-2022 micro format 04-12-2023 2023-00521516 PDF
31-12-2021 micro format 30-11-2022 2022-20528222 PDF
31-12-2020 micro format 24-10-2021 2021-72800267 PDF
31-12-2019 micro format 09-12-2020 2020-75000128 PDF
31-12-2018 micro format 04-10-2019 2019-68500115 PDF
31-12-2017 micro format 14-08-2018 2018-46000061 PDF
31-12-2016 micro format 28-08-2017 2017-53600159 PDF
31-12-2015 abbreviated format 03-06-2016 2016-15200529 PDF
31-12-2014 abbreviated format 29-09-2015 2015-61500179 PDF
31-12-2013 abbreviated format 31-07-2014 2014-38000045 PDF
31-12-2012 abbreviated format 30-09-2013 2013-61600029 PDF
31-12-2011 abbreviated format 20-11-2012 2012-64200185 PDF
31-12-2010 abbreviated format 07-10-2011 2011-57600430 PDF
31-12-2009 abbreviated format 01-06-2010 2010-14200588 PDF
31-12-2008 abbreviated format 13-07-2009 2009-40700327 PDF
31-12-2007 abbreviated format 25-08-2008 2008-61400396 PDF
31-12-2006 abbreviated format 12-03-2007 2007-07104399 PDF
31-12-2005 abbreviated format 30-08-2006 2006-73800359 PDF
31-12-2004 abbreviated format 22-08-2005 2005-65100912 PDF
31-12-2003 abbreviated format 03-06-2004 2004-19504579 PDF
31-12-2002 abbreviated format 16-06-2003 2003-24303614 PDF
31-12-2001 abbreviated format 13-06-2002 2002-20701592 PDF
31-12-2000 abbreviated format 15-06-2001 2001-22202786 PDF
31-12-1999 abbreviated format 30-05-2000 2000-16504593 PDF
31-12-1998 abbreviated format 07-06-1999 1999-15200877 PDF
31-12-1997 abbreviated format 26-05-1998 1998-11300012 PDF
31-12-1996 abbreviated format 27-05-1997 1997-09604007 PDF
31-12-1995 abbreviated format 13-06-1996 1996-16103321 PDF
31-12-1994 abbreviated format 30-06-1995 1995-35201894 PDF
31-12-1993 abbreviated format 30-06-1994 1994-23604027 PDF
31-12-1992 abbreviated format 16-07-1993 1993-27005023 PDF
31-12-1991 abbreviated format 05-08-1992 1992-26902003 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20232022202120202019201820172016201520142013201220112010200920082007
-24,1198,174-5,05346,52368,017126,98497,31138,09471,47159,8512,98327,12630,98333,04139,04339,09527,551
-33,119-6,86938,92851,78647,690104,87264,01825,30252,28337,892-19,92515,04414,68631,87835,00932,69324,080
00-23,7551,98949,409128,76066,940214,04049,71623,6651,50012,98911,641205,83414,96238,81631,090
-43-2,249-499-1,008-7,259-45,1965,04443,852-7,6836,352-34,87519,3316,113-1,67211,830-8,197-
-289,223-171,093-164,224-226,907-238,018-194,411-123,363-152,530-97,893-113,925-135,454-106,083-94,080-70,809-25,148-28,423-17,929
---------------5.0%1.6%
-2.9%10.4%14.4%12.2%12.3%12.1%6.7%2.6%-6.8%-16.0%-23.0%1.3%10.6%18.7%44.3%40.7%36.3%
0.320.500.630.560.470.510.520.600.180.290.230.390.370.360.640.500.68
0.000.000.230.200.170.130.390.560.150.270.190.350.310.330.540.360.38
-8.655.947.217.107.2713.9937.79---74.458.454.351.261.451.76
--77.6%6.5%2.5%5.1%56.0%54.8%-60.5%----740.5%-85.8%-11.9%9.4%10.2%0.0%
-14.9%-8.0%0.9%0.3%0.6%6.8%3.7%-1.6%9.7%6.3%-24.7%-9.8%-9.1%-2.2%4.2%4.2%0.0%
-2.630.53-0.69--------------
---------------2 days2 days
---------------24 days34 days

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202331-12-2022
Employees at the balance-sheet date11
full-time11
in full-time equivalents11
11
On a permanent contract11

Source: social balance sheet in the 2022 to 2023 annual accounts

Insights on CORCA

The operating result for 2023 is a loss of €54,623, larger than the loss of €24,736 in 2022. It is the lowest result since 2007.

Equity is negative. Debt (€438,648) exceeds the balance-sheet total (€426,274).

Board & ownership

Curator

the curator has managed the company since 06-05-2025
Magali Mullebrouck
Curator, Diksmuidseweg 89, 8900 Ieper
Also on 24 other cases

Mandates through the years

3 names, the dashed line is today
Cathelin Neyens
Director
Catherine Charlet
Chair and managing director
Leopoldine Neyens
Director
Earliermandate already running before its first mentionend not datedBankruptcy 06-05-2025
Mandates as a list
  • Cathelin Neyens
    • Director, from 27-05-2019, last mentioned in 2020
  • Catherine Charlet
    • Director, from 27-05-2019, last mentioned in 2020
    • Chair and managing director, from before 05-03-2020, last mentioned in 2020
  • Leopoldine Neyens
    • Director, from 27-05-2019, last mentioned in 2020

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€102,000
Source
2023 annual accounts

Office holders in the KBO →

Network & group

No group

CORCA has no parent and no holdings in its annual accounts.

At the same address

Grote Markt 15, 8900 Ypres · 1 other company
Ex Deo Nascimur
registered office since 20-02-1991
 founded in 1991
0444.107.273

Timeline

Timeline

42 events since 1990
2025
Bankruptcy published Enterprise Court of Ghent, Ypres division · judgment of 06-05-2025
2024
Annual accounts 2023 filed PDFmicro format · 128 days late
2023
Weakest financial year net -€63,624 The net result drops to -€63,624, the lowest from 2007 to 2023.
Annual accounts 2022 filed PDFmicro format · 126 days late
2022
Annual accounts 2021 filed PDFmicro format · 122 days late
2021
Annual accounts 2020 filed PDFmicro format · 85 days late
Registered office moved within YpresNew registered office: GROTE MARKT 15 TE 8900 IEPER · Previous registered office: GROTE MARKT 5 TE 8900 IEPER · General meeting of 01-09-20212 points ▸
  • General meeting, 01-09-2021
  • Registered-office move, GROTE MARKT 15 TE 8900 IEPER

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFmicro format · 131 days late
3 directors reappointedCatherine Charlet (chair and managing director), Leopoldine Neyens and Cathelin Neyens · General meeting of 27-05-20196 points ▸

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFmicro format · 65 days late
First establishment ASCOT, Grote Markt 15, Ypres
2018
Highest result from 2007 to 2023 net €44,099 ▲132% The operating result of €66,211 and the net result of €44,099 are both a record.
Annual accounts 2017 filed PDFmicro format · 14 days late
2017
Back to profit net €18,997 The net result is €18,997, after one loss-making year.
Annual accounts 2016 filed PDFmicro format · 28 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 58 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 60 days late
2014
Back to profit net €14,251 The net result is €14,251, after 4 loss-making years.
Annual accounts 2013 filed PDFabbreviated format · on the deadline day
2013
Annual accounts 2012 filed PDFabbreviated format · 61 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 112 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 68 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 60 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 18 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 25 days late
2007
Annual accounts 2006 filed PDFabbreviated format · 141 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1990
Incorporation 29 publications in the Belgian Official Gazette, the last on 12-05-2025 · published on 08-01-1991

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

CORCA was incorporated on 19 December 1990.1 The registered office was moved to Ypres in 2021.2 Total assets fell from €651,470 in 2018 to €426,274 in 2023 and headcount from 5.1 to 1 full-time equivalents.3 On 6 May 2025 the company was declared bankrupt.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-10-2021
  3. 3National Bank, annual accounts 2018 and 2023
  4. 4Belgian Official Gazette, 12-05-2025

Company details

Identity

Enterprise number
0442.566.161
VAT number
BE 0442.566.161
Legal form
Public limited company
Status
In bankruptcy, since 06-05-2025
Founded
19-12-1990
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
CORCA in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
47721 Retail sale of footwear main activity
56111 Full-service restaurants
56301 Cafés and bars
Joint committees annual accounts 2023
JC 302 Hotels and catering
JC 201 Independent retail
Codes under NACEBEL 2008
47721 Retail trade main activity
56101 Full-service restaurants
56301 Cafés and bars
Codes under NACEBEL 2003
55401 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
ASCOT registered office Grote Markt 15, 8900 Ypres 01-01-2019 2.297.126.977

Buildings and parcels at the address

Ground area
170 m²
Buildings
167 m²
Volume, LiDAR
1,664 m³
Tallest building
18.9 m
Buildings to scale, each on its own parcel
167 m², 18.9 m 167 m², 18.9 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
33011H0372/00F000170 m² 1 · 167 m² 18.9 m · 3

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