COREMI
ActiveSummary
COREMI has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €179,577 and a net result of -€7,812. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 53% of 9973 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability16▼-84
Solvency70▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.86 in 2023; short-term debt: 50.3% and cash: 36.5% of total assets), but 55.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
44.8%
Return on assets
-1.9%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
27 d late
2022
31 d late
2021
31 d late
2020
94 d late
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 53 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€179,577▼ 4.2%
2023 · €187,389
Total assets
€400,664▼ 8.9%
2023 · €439,601
Net result
-€7,812
2023 · €109,461
Working capital
€175,230▼ 12.0%
2023 · €199,152
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€69,533€53,832▼ 22.6%€2,994▼ 94.4%€121,617▲ 3,962%-€8,725
Net result€54,779above the sector's middle half€32,472above the sector's middle half▼ 40.7%€2,337within the sector's middle half▼ 92.8%€109,461above the sector's middle half▲ 4,584%-€7,812below the sector's middle half
Equity€118,120above the sector's middle half▲ 86.5%€150,592above the sector's middle half▲ 27.5%€152,928above the sector's middle half▲ 1.6%€187,389above the sector's middle half▲ 22.5%€179,577above the sector's middle half▼ 4.2%
Total assets€276,855within the sector's middle half▲ 153%€221,201within the sector's middle half▼ 20.1%€257,034within the sector's middle half▲ 16.2%€439,601above the sector's middle half▲ 71.0%€400,664above the sector's middle half▼ 8.9%
Debt€158,735▲ 244%€70,609▼ 55.5%€104,106▲ 47.4%€252,212▲ 142%€221,087▼ 12.3%
Working capital€82,300within the sector's middle half▲ 146%€136,853above the sector's middle half▲ 66.3%€165,464above the sector's middle half▲ 20.9%€199,152above the sector's middle half▲ 20.4%€175,230above the sector's middle half▼ 12.0%
Solvency42.7%within the sector's middle half▼ 15.2pp68.1%above the sector's middle half▲ 25.4pp59.5%within the sector's middle half▼ 8.6pp42.6%within the sector's middle half▼ 16.9pp44.8%within the sector's middle half▲ 2.2pp
Current ratio1.53within the sector's middle half▼ 0.263.39above the sector's middle half▲ 1.863.16above the sector's middle half▼ 0.231.86within the sector's middle half▼ 1.301.87within the sector's middle half▲ 0.01
Return on assets (ROA)19.8%above the sector's middle half▲ 44.9pp14.7%within the sector's middle half▼ 5.1pp0.9%within the sector's middle half▼ 13.8pp24.9%above the sector's middle half▲ 24.0pp-1.9%below the sector's middle half▼ 26.8pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €8,725 after €121,617 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €400,664
Fixed assets
€24,070 ▲ 141%
Current assets
€376,593 ▼ 12.3%
Equity and liabilities €400,664
Equity
€179,577 ▼ 4.2%
Debt
€221,087 ▼ 12.3%
Debt's share of the balance-sheet total falls from 57.4% to 55.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,069▼
2023 · €135,055
Cash flow
-€156▼
2023 · €122,898
Debt to equity
1.23▼
2023 · 1.35
ROE
-4.4%▼
2023 · 58.4%
Interest coverage
-2.66▼
2023 · 318.65
Debt ≤ 1 year
€201,363▼
2023 · €230,454
Debt > 1 year
€19,724▼
2023 · €21,758
Income taxes
-€661▼
2023 · €12,483
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €804,642 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,434 | €29,484 | €15,524 | €13,437 | €7,657 | ▼ 43.0% |
| Other operating charges640/8 | - | €1,674 | €3,551 | €1,479 | €1,566 | ▲ 5.9% |
| Non-recurring operating charges66A | - | €5,618 | €574 | €10 | - | - |
| Gross operating margin9900 | €96,362 | €90,608 | €22,642 | €136,543 | €497 | ▼ 99.6% |
| Operating profit (loss)9901 | €69,533 | €53,832 | €2,994 | €121,617 | -€8,725 | ▼ 107% |
| Financial income75/76B | - | €1,149 | €981 | €750 | €654 | ▼ 12.8% |
| Recurring financial income75 | €678 | €1,149 | €981 | €750 | €654 | ▼ 12.8% |
| Financial charges65/66B | - | €421 | €460 | €424 | €402 | ▼ 5.2% |
| Recurring financial charges65 | €610 | €421 | €460 | €424 | €402 | ▼ 5.2% |
| Profit (loss) for the period before taxes9903 | €69,601 | €54,561 | €3,515 | €121,944 | -€8,473 | ▼ 107% |
| Income taxes67/77 | €14,822 | €22,089 | €1,178 | €12,483 | -€661 | ▼ 105% |
| Profit (loss) for the period9904 | €54,779 | €32,472 | €2,337 | €109,461 | -€7,812 | ▼ 107% |
| Profit (loss) for the period to be appropriated9905 | €54,779 | €32,472 | €2,337 | €109,461 | -€7,812 | ▼ 107% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €276,855 | €221,201 | €257,034 | €439,601 | €400,664 | ▼ 8.9% |
| Fixed assets21/28 | €39,636 | €27,132 | €14,946 | €9,995 | €24,070 | ▲ 141% |
| Tangible fixed assets22/27 | €39,636 | €27,132 | €14,946 | €9,995 | €24,070 | ▲ 141% |
| Plant, machinery and equipment23 | - | €13,441 | €8,309 | €5,207 | €10,820 | ▲ 108% |
| Furniture and vehicles24 | - | €13,690 | €6,638 | €4,788 | €6,161 | ▲ 28.7% |
| Other tangible fixed assets26 | - | - | - | - | €7,089 | - |
| Current assets29/58 | €237,218 | €194,069 | €242,088 | €429,606 | €376,593 | ▼ 12.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €3,500 | - |
| Other amounts receivable291 | - | - | - | - | €3,500 | - |
| Amounts receivable within one year40/41 | €214,324 | €127,092 | €196,719 | €315,713 | €196,677 | ▼ 37.7% |
| Trade receivables40 | - | €124,036 | €192,664 | €304,966 | €191,677 | ▼ 37.1% |
| Other amounts receivable41 | - | €3,056 | €4,055 | €10,747 | €5,000 | ▼ 53.5% |
| Cash at bank and in hand54/58 | €21,371 | €63,342 | €42,506 | €112,227 | €146,406 | ▲ 30.5% |
| Deferred charges and accrued income490/1 | - | €3,636 | €2,863 | €1,666 | €30,010 | ▲ 1,701% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €276,855 | €221,201 | €257,034 | €439,601 | €400,664 | ▼ 8.9% |
| Equity10/15 | €118,120 | €150,592 | €152,928 | €187,389 | €179,577 | ▼ 4.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | - | - | - | - |
| Other1109/19 | - | €18,600 | - | - | - | - |
| Reserves13 | €1,860 | €34,332 | €36,668 | €71,129 | €71,129 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €32,472 | €34,808 | €69,269 | €69,269 | = |
| Profit (loss) carried forward14 | €97,660 | €97,660 | €97,660 | €97,660 | €89,847 | ▼ 8.0% |
| Amounts payable17/49 | €158,735 | €70,609 | €104,106 | €252,212 | €221,087 | ▼ 12.3% |
| Amounts payable after more than one year17 | €3,816 | €13,393 | €27,482 | €21,758 | €19,724 | ▼ 9.3% |
| Other amounts payable178/9 | - | €13,393 | €27,482 | €21,758 | €19,724 | ▼ 9.3% |
| Amounts payable within one year42/48 | €154,918 | €57,216 | €76,624 | €230,454 | €201,363 | ▼ 12.6% |
| Financial debts43 | - | - | - | - | €2 | - |
| Credit institutions430/8 | - | - | - | - | €2 | - |
| Trade debts44 | €124,310 | €40,097 | €45,460 | €140,509 | €115,299 | ▼ 17.9% |
| Suppliers440/4 | - | €40,097 | €45,460 | €140,509 | €115,299 | ▼ 17.9% |
| Advances received on contracts in progress46 | - | - | €9,747 | - | - | - |
| Taxes, remuneration and social security45 | - | €17,119 | €21,417 | €14,946 | €11,062 | ▼ 26.0% |
| Taxes450/3 | - | €17,119 | €21,417 | €11,443 | €7,362 | ▼ 35.7% |
| Remuneration and social security454/9 | - | - | - | €3,502 | €3,700 | ▲ 5.6% |
| Other amounts payable47/48 | - | - | - | €75,000 | €75,000 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,779 | €32,472 | €2,337 | €109,461 | -€7,812 | ▼ 107% |
| + Depreciation and write-downs630 | €19,434 | €29,484 | €15,524 | €13,437 | €7,657 | ▼ 43.0% |
| Operating cash flow (approximation) | €74,213 | €61,955 | €17,860 | €122,898 | -€156 | ▼ 100% |
| Investment in fixed assets (approximation) | - | -€16,979 | -€3,339 | -€8,486 | -€21,731 | ▼ 156% |
| Change in cash | - | €41,971 | -€20,836 | €69,721 | €34,179 | ▼ 51.0% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Highest result since 2018net €109,461 ▲4,584%
Operating result €121,617, net result €109,461, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 3.39
Current ratio from 1.53 to 3.39; short-term debt falls from €154,918 to €57,216.
31-12
Financial
Equity above €150,000Eq €150,592 ▲27.5%
2 profitable years in a row build equity to €150,592.
02-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 94 days late
2020
31-12
Financial
Back to profitnet €54,779
Net result €54,779 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €118,120 ▲86.5%
Equity rises from €63,341 to €118,120.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
Financial
Weakest financial yearnet -€27,478
Net result drops to -€27,478, the lowest in the series; recovery starts the following year.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Rixensart · 1 establishment unit since 2011
Ground area
761 m²
Building footprint
118 m²
Volume, LiDAR
663 m³
Parcel 25091A0464/00R000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Avenue Winston Churchill 8, 1330 Rixensart
since 20112.206.708.131
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091A0464/00R000 | Wallonia | 760 m² | 1 · 118 m² | 8.1 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
BATISOMME
BE 0686.872.935
Somme-Leuze · Eq €179,573
BOUWTEAM STROMA
BE 0843.607.515
Maldegem · Eq €179,621
ZEDdaken
BE 0738.422.396
Zedelgem · Eq €179,507
MIKA CONSTRUCT
BE 0508.514.976
Ganshoren · Eq €179,669
DE-ZI
BE 0893.235.980
Brussel · Eq €179,477
Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 12,329 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 (pre-2019)
Founded26-09-2011
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0839628733
Also
9925:BE0839628733
Registered
10-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.