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coRem

Active
Private limited companyfounded 20233 yrs activeWaversesteenweg 104, 2580 Putte, BelgiumKBO/BCE: BE 0802.981.638
Summary

The annual accounts of coRem for fiscal year 2024 show a net loss of 64% of the equity at the start of that year. The 2024 annual accounts show equity of €4k and a net result of €-7k. Its solvency ranks better than 14% of 37953 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-91
Solvency34▼-12
Growth32
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.06 against 1.24 in 2023; short-term debt: 90.6% and cash: 12.1% of total assets), and 91.3% of the assets are financed with debt.
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Signals

Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
8.7%
Return on assets
-15.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 37953 sector peers (2024).
NBB · sector comparison
Position among 37953 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
14 d early
2023
13 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CoRem was incorporated on 21 June 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€4k▼ 63.9%
2023 · €11k
Total assets
€45k▼ 11.4%
2023 · €51k
Net result
€-7k
2023 · €9k
Working capital
€3k▼ 74.0%
2023 · €10k
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
Line20232024
Operating result€12k-€-4k
Net result€9k-€-7k
Equity€11k-€4k▼ 63.9%
Total assets€51k-€45k▼ 11.4%
Debt€40k-€41k▲ 2.8%
Working capital€10k-€3k▼ 74.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5k€10kOperating result 2023: €12k€12kNet result 2023: €9k€9kOperating result 2024: €-4k€-4kNet result 2024: €-7k€-7k20232024€-10k€-5k€0€5k€10kOperating result 2023: €12k€12kNet result 2023: €9k€8.9kOperating result 2024: €-4k€-4.3kNet result 2024: €-7k€-7k20232024
The operating result turns negative in 2024: a loss of €4k after €12k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45k
Fixed assets €2k ▲ 46.7%
Current assets €44k ▼ 12.8%
Equity and liabilities €45k
Equity €4k ▼ 63.9%
Debt €41k ▲ 2.8%
Debt's share of the balance-sheet total rises from 78.7% to 91.3%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-3k▼
2023 · €12k
Cash flow
€-6k▼
2023 · €9k
Current ratio
1.06▼
2023 · 1.24
Debt to equity
10.50▲
2023 · 3.69
ROE
-176.8%▼
2023 · 81.7%
ROA
-15.4%▼
2023 · 17.4%
Interest coverage
-0.95▼
2023 · 665.47
Debt ≤ 1 year
€41k▲
2023 · €40k
Income taxes
€0▼
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€51k€45k▼
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27€1k€2k▲
Plant, machinery and equipment23€1k€2k▲
Current assets29/58€50k€44k▼
Amounts receivable after more than one year29€23k€23k=
Trade receivables290€23k€23k=
Amounts receivable within one year40/41€12k€15k▲
Trade receivables40€12k€15k▲
Cash at bank and in hand54/58€13k€6k▼
Deferred charges and accrued income490/1€2k€910▼
Equity and liabilities
Total equity and liabilities10/49€51k€45k▼
Equity10/15€11k€4k▼
Contributions10/11€2k€2k=
Reserves13€9k€2k▼
Distributable reserves133€9k€2k▼
Amounts payable17/49€40k€41k▲
Amounts payable within one year42/48€40k€41k▲
Trade debts44€2k€579▼
Suppliers440/4€2k€579▼
Taxes, remuneration and social security45€12k€10k▼
Taxes450/3€9k€7k▼
Remuneration and social security454/9€3k€3k▼
Other amounts payable47/48€27k€31k▲
Accrued charges and deferred income492/3-€304
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3€796▲
Other operating charges640/8€176€2k▲
Gross operating margin9900€12k€-2k▼
Operating profit (loss)9901€12k€-4k▼
Financial income75/76B-€910
Recurring financial income75-€910
Financial charges65/66B€18€4k▲
Recurring financial charges65€18€4k▲
Profit (loss) for the period before taxes9903€12k€-7k▼
Income taxes67/77€3k€0▼
Profit (loss) for the period9904€9k€-7k▼
Profit (loss) for the period to be appropriated9905€9k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-7k▼
Transfer from equity791/2-€7k
Transfer to equity691/2€9k€0▼
To other reserves6921€9k€0▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3€796▲ 25,101%
Other operating charges640/8€176€2k▲ 840%
Gross operating margin9900€12k€-2k▼ 115%
Operating profit (loss)9901€12k€-4k▼ 137%
Financial income75/76B-€910-
Recurring financial income75-€910-
Financial charges65/66B€18€4k▲ 20,674%
Recurring financial charges65€18€4k▲ 20,674%
Profit (loss) for the period before taxes9903€12k€-7k▼ 160%
Income taxes67/77€3k€0▼ 100%
Profit (loss) for the period9904€9k€-7k▼ 178%
Profit (loss) for the period to be appropriated9905€9k€-7k▼ 178%
Line20232024Change
Assets
Total assets20/58€51k€45k▼ 11.4%
Fixed assets21/28€1k€2k▲ 46.7%
Tangible fixed assets22/27€1k€2k▲ 46.7%
Plant, machinery and equipment23€1k€2k▲ 46.7%
Current assets29/58€50k€44k▼ 12.8%
Amounts receivable after more than one year29€23k€23k=
Trade receivables290€23k€23k=
Amounts receivable within one year40/41€12k€15k▲ 16.5%
Trade receivables40€12k€15k▲ 16.5%
Cash at bank and in hand54/58€13k€6k▼ 57.1%
Deferred charges and accrued income490/1€2k€910▼ 55.1%
Equity and liabilities
Total equity and liabilities10/49€51k€45k▼ 11.4%
Equity10/15€11k€4k▼ 63.9%
Contributions10/11€2k€2k=
Reserves13€9k€2k▼ 78.2%
Distributable reserves133€9k€2k▼ 78.2%
Amounts payable17/49€40k€41k▲ 2.8%
Amounts payable within one year42/48€40k€41k▲ 2.0%
Trade debts44€2k€579▼ 66.6%
Suppliers440/4€2k€579▼ 66.6%
Taxes, remuneration and social security45€12k€10k▼ 19.6%
Taxes450/3€9k€7k▼ 25.7%
Remuneration and social security454/9€3k€3k▼ 1.7%
Other amounts payable47/48€27k€31k▲ 16.1%
Accrued charges and deferred income492/3-€304-
Line20232024Change
Profit (loss) for the period9904€9k€-7k▼ 178%
+ Depreciation and write-downs630€3€796▲ 25,101%
Operating cash flow (approximation)€9k€-6k▼ 169%
Investment in fixed assets (approximation)-€-1k-
Change in cash-€-7k-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
27-01
State Gazette act General meeting · Demerger
Incorporation · Founding capital · Paul VERHAVERT
2025
17-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
State Gazette actNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Putte · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
778 m²
Building footprint
137 m²
Volume, LiDAR
889 m³
Parcel 12029A0366/00F000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
coRem
Waversesteenweg 104, 2580 PutteBusiness consulting
since 20232.346.351.014
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12029A0366/00F000 Flanders 778 m² 1 · 137 m² 8.4 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.

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 13,405 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
Founded21-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.