COREBO
InactiveCOREBO was declared bankrupt on 15-11-2021 (Ondernemingsrechtbank Gent, afdeling Brugge); the bankruptcy was closed for insufficient assets by judgment of 30-06-2023, published in the Belgian State Gazette on 07-07-2023.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-09-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
30-09-2021 close30-04-2022 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 28-04-2021, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
2 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 16 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
-€22,884▼ 3.9%
2019 · -€22,025
Total assets
€6,943▼ 10.7%
2019 · €7,773
Net result
-€859▲ 86.8%
2019 · -€6,519
Working capital
-€24,817▼ 0.9%
2019 · -€24,602
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
Line201820192020
Operating result-€27,978--€5,970▲ 78.7%-€590▲ 90.1%
Net result-€31,628--€6,519▲ 79.4%-€859▲ 86.8%
Equity-€27,855--€22,025▲ 20.9%-€22,884▼ 3.9%
Total assets€16,218-€7,773▼ 52.1%€6,943▼ 10.7%
Debt€44,074-€29,798▼ 32.4%€29,827▲ 0.1%
Working capital-€35,101--€24,602▲ 29.9%-€24,817▼ 0.9%
Staff (FTE)0.9-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €590 in 2020 against €5,970 in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €6,943
Fixed assets
€1,933 ▼ 25.0%
Current assets
€5,009 ▼ 3.6%
Key figures and ratios
EBITDA
€54▲
2019 · -€3,198
Cash flow
-€215▲
2019 · -€3,747
Solvency
-329.6%▼
2019 · -283.4%
Current ratio
0.17▼
2019 · 0.17
ROA
-12.4%▲
2019 · -83.9%
Debt ≤ 1 year
€29,827▲
2019 · €29,798
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,128 | €2,772 | €644 | ▼ 76.8% |
| Gross operating margin9900 | -€5,378 | €431 | €912 | ▲ 112% |
| Operating profit (loss)9901 | -€27,978 | -€5,970 | -€590 | ▲ 90.1% |
| Recurring financial income75 | €201 | - | - | - |
| Recurring financial charges65 | €3,104 | €549 | €269 | ▼ 51.0% |
| Profit (loss) for the period before taxes9903 | -€30,882 | -€6,519 | -€859 | ▲ 86.8% |
| Income taxes67/77 | €746 | - | - | - |
| Profit (loss) for the period9904 | -€31,628 | -€6,519 | -€859 | ▲ 86.8% |
| Profit (loss) for the period to be appropriated9905 | -€31,628 | -€6,519 | -€859 | ▲ 86.8% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €16,218 | €7,773 | €6,943 | ▼ 10.7% |
| Fixed assets21/28 | €7,246 | €2,578 | €1,933 | ▼ 25.0% |
| Tangible fixed assets22/27 | €7,246 | €2,578 | €1,933 | ▼ 25.0% |
| Current assets29/58 | €8,972 | €5,195 | €5,009 | ▼ 3.6% |
| Amounts receivable within one year40/41 | €38 | €5,059 | €3,069 | ▼ 39.3% |
| Cash at bank and in hand54/58 | €8,934 | €50 | €1,940 | ▲ 3,801% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €16,218 | €7,773 | €6,943 | ▼ 10.7% |
| Equity10/15 | -€27,855 | -€22,025 | -€22,884 | ▼ 3.9% |
| Contributions10/11 | €6,200 | €18,550 | - | - |
| Reserves13 | €100 | €100 | €100 | = |
| Profit (loss) carried forward14 | -€34,155 | -€40,675 | -€41,534 | ▼ 2.1% |
| Amounts payable17/49 | €44,074 | €29,798 | €29,827 | ▲ 0.1% |
| Amounts payable within one year42/48 | €44,074 | €29,798 | €29,827 | ▲ 0.1% |
| Trade debts44 | €10,342 | €2,135 | €4,425 | ▲ 107% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€31,628 | -€6,519 | -€859 | ▲ 86.8% |
| + Depreciation and write-downs630 | €2,128 | €2,772 | €644 | ▼ 76.8% |
| Operating cash flow (approximation) | -€29,500 | -€3,747 | -€215 | ▲ 94.3% |
| Investment in fixed assets (approximation) | - | €1,897 | €0 | ▼ 100% |
| Change in cash | - | -€8,884 | €1,891 | ▲ 121% |
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
2023
07-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Brugge · event 30-06-2023
2021
18-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 15-11-2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
07-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalNBB filing
0 of 5 acts read
About the unread acts
We know of 5 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
5 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
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | YVES CASTERMANS HOUTKAAI 15/02, 8000 BRUGGE- |
15-11-2021 → 30-06-2023 |
| Curator | MARC CASTERMANS HOUTKAAI 15/02, 8000 BRUGGE- marc.castermans@castermans-
advocaten.be |
15-11-2021 → 30-06-2023 |