COREGO
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive bankruptcy closed on 16-01-2024
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2020
- Gross margin
- €26,131
- ▼ 96.2%
- Turnover
- ≈ €94,000
- estimated
- Loss
- €1.2m
- Equity
- €252,830
- ▼ 82.4%
- Total assets
- €579,247
- ▼ 80.8%
- Staff
- 13.6 FTE
- ▼ 18.1%
Financials
Financials · financial year 2020, full format
2020 annual accounts filed 31 days after the deadline Filed on 31 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-65300522.
Annual accounts 2020 filed on 31-08-2021 PDF all 44 filings
Turnover
≈ €94,000
Estimated: probably between €49,000 and €180,000
EBIT margin
Not included in this filing
Net result
-€1.2m
2019 · €34,902
Working capital
€59,529▼ 95.2%
2019 · €1.2m
Multi-year overview
2018 to 2020, 3 financial yearsOperating result
-€512,733
2020
20182020
Net result
-€1.2m
2020
20182020
Equity
€252,830
▼ 82.4%
2020
20182020
Total assets
€579,247
▼ 80.8%
2020
20182020
Debt
€326,417
▼ 79.4%
2020
20182020
Working capital
€59,529
▼ 95.2%
2020
20182020
Staff (FTE)
13.6
▼ 18.1%
2020
20182020
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result-€0.07m-€0.06m-€0.5m
Net result-€0.06m-€0.03m-€1.2m
Equity€1.4m-€1.4m▲ 2.5%€0.3m▼ 82.4%
Total assets€2.9m-€3.0m▲ 2.7%€0.6m▼ 80.8%
Debt€1.5m-€1.6m▲ 2.9%€0.3m▼ 79.4%
Working capital€1.2m-€1.2m▲ 4.2%€0.06m▼ 95.2%
Staff (FTE)18.5-16.6▼ 10.3%13.6▼ 18.1%
The operating result for 2020 is a loss of €512,733, after a profit of €64,585 in 2019. It is the lowest result since 2018.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €579,247
Fixed assets
€195,541 ▼ 6.2%
Current assets
€383,706 ▼ 86.3%
Equity and liabilities €579,247
Equity
€252,830 ▼ 82.4%
Debt
€326,417 ▼ 79.4%
Debt's share of the balance-sheet total rises from 52.4% to 56.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€498,859▼
2019 · €79,236
Cash flow
-€1.2m▼
2019 · €49,553
Current ratio
1.18▼
2019 · 1.78
Debt to equity
0.01▲
2019 · 0.00
ROE
-468.5%▼
2019 · 2.4%
ROA
-204.5%▼
2019 · 1.2%
Debt ≤ 1 year
€324,176▼
2019 · €1.6m
Debt > 1 year
€2,241=
2019 · €2,241
Income taxes
€267▼
2019 · €337
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 | €0.02m | €0.01m | €0.01m | ▼ 5.3% |
| Gross operating margin9900 | €0.6m | €0.7m | €0.03m | ▼ 96.2% |
| Operating profit (loss)9901 | -€0.07m | €0.06m | -€0.5m | - |
| Recurring financial income75 | €0.009m | €0.002m | €0.009m | ▲ 303% |
| Recurring financial charges65 | €0.005m | €0.01m | €0.7m | ▲ 68× |
| Profit (loss) for the period before taxes9903 | -€0.06m | €0.04m | -€1.2m | - |
| Income taxes67/77 | €222 | €337 | €267 | ▼ 20.9% |
| Profit (loss) for the period9904 | -€0.06m | €0.03m | -€1.2m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.06m | €0.03m | -€1.2m | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2.9m | €3.0m | €0.6m | ▼ 80.8% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.2m | ▼ 6.2% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.1m | ▼ 11.5% |
| Financial fixed assets28 | €0.1m | €0.1m | €0.1m | = |
| Current assets29/58 | €2.7m | €2.8m | €0.4m | ▼ 86.3% |
| Stocks and contracts in progress3 | €1.6m | €1.6m | €0.1m | ▼ 93.0% |
| Amounts receivable within one year40/41 | €0.8m | €1.0m | €0.2m | ▼ 78.5% |
| Current investments50/53 | €0.05m | €0.005m | €0.002m | ▼ 61.1% |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | €0.05m | ▼ 81.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2.9m | €3.0m | €0.6m | ▼ 80.8% |
| Equity10/15 | €1.4m | €1.4m | €0.3m | ▼ 82.4% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | = |
| Reserves13 | €0.8m | €0.8m | €0.8m | = |
| Profit (loss) carried forward14 | -€0.06m | -€0.03m | -€1.2m | ▼ 4,733% |
| Amounts payable17/49 | €1.5m | €1.6m | €0.3m | ▼ 79.4% |
| Amounts payable after more than one year17 | €0.002m | €0.002m | €0.002m | = |
| Amounts payable within one year42/48 | €1.5m | €1.6m | €0.3m | ▼ 79.5% |
| Trade debts44 | €0.2m | €0.3m | €0.2m | ▼ 27.5% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.06m | €0.03m | -€1.2m | - |
| + Depreciation and write-downs630 | €0.02m | €0.01m | €0.01m | ▼ 5.3% |
| Operating cash flow (approximation) | -€0.05m | €0.05m | -€1.2m | - |
| Investment in fixed assets (approximation) | - | -€411 | -€0.001m | ▼ 155% |
| Change in cash | - | -€0.008m | -€0.2m | ▼ 2,277% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 44 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | full format | 31-08-2021 | 2021-65300522 | |
| 31-12-2019 | full format | 01-07-2020 | 2020-24900095 | |
| 31-12-2018 | full format | 30-07-2019 | 2019-41300071 | |
| 31-12-2017 | full format | 05-07-2018 | 2018-30100049 | |
| 31-12-2016 | full format | 30-08-2017 | 2017-55400507 | |
| 31-12-2015 | full format | 04-08-2016 | 2016-40500208 | |
| 31-12-2014 | full format | 30-06-2015 | 2015-26600166 | |
| 31-12-2013 | full format | 02-07-2014 | 2014-26900599 | |
| 31-12-2012 | full format | 26-06-2013 | 2013-22800551 | |
| 31-12-2011 | full format | 07-06-2012 | 2012-15800491 |
Board & ownership
Directors
Directors
1 director, last change in 2021
Nathalie Gillis
Current
Director · appointed in the act of 20-09-2021 · 6-year term from 2021
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Rutger Belsack Markt 17, 1740 Ternat |
07-12-2021 → 16-01-2024 |
Owners and capital
Owners
Mandate history
4 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Nathalie Gillis |
|
| Eva Goes |
|
| Karen Vanderkerken |
|
| Suzanne Goes |
|
Network & group
Board mandates elsewhere
1 board mandateBoard mandates of COREGOCOREGO sits on their board1
Connections & network
6 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
BUREAU DE CONTROLE TECHNIQUE POUR LA CONSTRUCTION
Shared director
→
EMBUILD
Shared director
→
Show 2 more companies with a shared director
SECO BELGIUM
Shared director
→
SECO GROUP
Shared director
→
Timeline
Acts, filings and financial milestones
2024
22-01
Bankruptcy
Bankruptcy closure (by liquidation)
Enterprise Court of Brussels · judgment of 16-01-2024
2021
14-12
Bankruptcy
Bankruptcy declared
Enterprise Court of Brussels · judgment of 07-12-2021
20-09
Gazette deed
1 director appointed, 3 directors resigningResignations: Karen Vanderkerken, Suzanne Goes and Eva Goes · Appointment: Nathalie Gillis (director) · Director discharge8 points ▸
Gazette deed
1 director appointed, 3 directors resigning
Resignations: Karen Vanderkerken, Suzanne Goes and Eva Goes · Appointment: Nathalie Gillis (director) · Director discharge8 points ▸
- General meeting, 07-06-2021
- Director resignation, Karen Vanderkerken (director)
- Director resignation, Suzanne Goes (director)
- Director resignation, Eva Goes (director)
- Director discharge, Karen Vanderkerken
- Director discharge, Suzanne Goes
- Director discharge, Eva Goes
- Director appointment, Nathalie Gillis (director)
31-08
full format · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€1.2m
The net result drops to -€1.2m, the lowest from 2018 to 2020.
01-07
full format · 30 days before the deadline
2019
31-12
Financial
Back to profitnet €34,902
The net result is €34,902, after one loss-making year.
30-07
full format · 1 day before the deadline
2018
05-07
full format · 26 days before the deadline
2017
30-08
full format · 30 days late
2016
04-08
full format · 4 days late
2015
30-06
full format · 31 days before the deadline
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
COREGO is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2020
- Last registered office
- Rue Honore Longtin 103, 1090 Jetteas published on 20 September 2021
- Legal form
- Public limited company
- First annual accounts
- financial year 1977