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Coremus

Active
Public limited companyfounded 200224 yrs activeLierseweg(HRT) 279, 2200 Herentals, BelgiumKBO/BCE: BE 0476.677.992

Coremus has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €794k and a net result of €79k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 1307 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
77 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75=
Solvency79▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 0.89 in 2023; short-term debt: 21.3% and cash: 21% of total assets), and 46.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
53.6%
Return on assets
5.3%
Age of the figures
21 mo
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 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
58 d early
2023
42 d early
2022
28 d early
2021
52 d early
2020
50 d early
2019
51 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€794k▲ 11.0%
2023 · €715k
2018: €421k 2019: €427k 2020: €534k 2021: €569k 2022: €638k 2023: €715k
2018 → 2024
Total assets
€1.48M▲ 2.7%
2023 · €1.44M
2018: €1.36M 2019: €1.31M 2020: €1.38M 2021: €1.40M 2022: €1.42M 2023: €1.44M
2018 → 2024
Net result
€79k▲ 1.9%
2023 · €78k
2018: €31k 2019: €6k 2020: €107k 2021: €35k 2022: €69k 2023: €78k
2018 → 2024
Working capital
€42k
2023 · €-35k
2018: €-173k 2019: €-198k 2020: €-155k 2021: €-109k 2022: €-59k 2023: €-35k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€534k-€569k▲ 6.5%€638k▲ 12.1%€715k▲ 12.2%€794k▲ 11.0%
Operating result€121k-€90k▼ 25.8%€104k▲ 16.2%€125k▲ 19.7%€123k▼ 1.6%
Net result€107k-€35k▼ 67.5%€69k▲ 97.2%€78k▲ 13.0%€79k▲ 1.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €121k€121kNet result 2020: €107k€107kOperating result 2021: €90k€90kNet result 2021: €35k€35kOperating result 2022: €104k€104kNet result 2022: €69k€69kOperating result 2023: €125k€125kNet result 2023: €78k€78kOperating result 2024: €123k€123kNet result 2024: €79k€79k20202021202220232024
The operating result falls in 2024; 2024 is 2% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.48M
Fixed assets €1.12M▼ 3.8%
Current assets €358k▲ 30.3%
Equity and liabilities €1.48M
Equity €794k▲ 11.0%
Debt €687k▼ 5.4%
The debt ratio falls from 50.4% to 46.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€167k
2023 · €171k
Cash flow
€123k
2023 · €124k
Solvency
53.6%
2023 · 49.6%
Current ratio
1.13
2023 · 0.89
Quick ratio
1.13
2023 · 0.89
Debt / equity
0.87
2023 · 1.02
ROE
9.9%
2023 · 10.8%
ROA
5.3%
2023 · 5.4%
Interest coverage
23.14
2023 · 19.71
Debt
€687k
2023 · €727k
Debt ≤ 1 year
€316k
2023 · €309k
Debt > 1 year
€371k
2023 · €417k
Income taxes
€37k
2023 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.44M€1.48M
Fixed assets21/28€1.17M€1.12M
Tangible fixed assets22/27€1.17M€1.12M
Land and buildings22€1.15M€1.12M
Plant, machinery and equipment23€14k€72
Current assets29/58€275k€358k
Amounts receivable within one year40/41€4k€81
Other amounts receivable41€4k€81
Cash at bank and in hand54/58€249k€311k
Deferred charges and accrued income490/1€22k€47k
Equity and liabilities
Total equity and liabilities10/49€1.44M€1.48M
Equity10/15€715k€794k
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Reserves13€565k€644k
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Distributable reserves133€550k€629k
Profit (loss) carried forward14€0-
Amounts payable17/49€727k€687k
Amounts payable after more than one year17€417k€371k
Financial debts170/4€417k€371k
Amounts payable within one year42/48€309k€316k
Current portion of amounts payable after more than one year42€45k€46k
Trade debts44€977€30
Suppliers440/4€977€30
Taxes, remuneration and social security45€39k€46k
Taxes450/3€39k€46k
Other amounts payable47/48€224k€224k=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€44k
Other operating charges640/8€12k€13k
Gross operating margin9900€184k€179k
Operating profit (loss)9901€125k€123k
Financial charges65/66B€9k€7k
Recurring financial charges65€9k€7k
Profit (loss) for the period before taxes9903€116k€116k
Income taxes67/77€39k€37k
Profit (loss) for the period9904€78k€79k
Profit (loss) for the period to be appropriated9905€78k€79k
Appropriation of the result
Profit (loss) to be appropriated9906€550k€79k
Profit (loss) brought forward from the previous period14P€473k€0
Transfer to equity691/2€550k€79k
To other reserves6921€550k€79k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
15-07
State Gazette act Restructuring
Split · Corporate purpose · Purpose change18 facts ▸
  • Split, Overdracht van het gehele vermogen van e1 naar e2 en e3, gemengde splitsing
  • Split, Overdracht van het gehele vermogen van e1 naar e2 en e3, gemengde splitsing
  • Corporate purpose, Het inrichten en uitbaten van een werkplaats voor onderhoud, herstelling en depannage van alle wagens, machines en werktuigen, zowel voor eigen rekening als voo…
  • Corporate purpose, De vennootschap heeft tot voorwerp zowel in België, als in het buitenland, zowel in eigen naam en voor eigen rekening als in naam en voor rekening van derden, a…
  • Corporate purpose, De vennootschap heeft tot voorwerp, zowel voor eigen rekening als voor rekening van derden, in België als in het buitenland: I.BEHEER EN ONTWIKKELING VAN ROEREN…
  • Purpose change, Wijziging van het voorwerp van Immo Mudu in het kader van de splitsing
  • Net-asset statement, 2026-07-01
  • Capital
  • Share issue, Nieuwe aandelen uitgegeven in ICM Legacy als vergoeding voor het overgedragen vermogen, 900
  • Share issue, Nieuwe aandelen uitgegeven in Immo Mudu als vergoeding voor het overgedragen vermogen, 750
  • Accounting effect, 2026-07-01
  • Real estate, Een loods op en met grond en aanhorigheden, gelegen Scheldeweg 2, ten kadaster gekend volgens titel en recent kadastraal uittreksel sectie A, nummer 299f, met e…
  • +6 further facts in this act
2025
03-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
11-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €107k ▲1651%
Net result €107k, the highest in the series.
31-12
Financial Equity above €500kEq €534k ▲25%
3 profitable years in a row build equity to €534k.
10-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €6k ▼80.1%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
03-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
10-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts

Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not 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
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herentals · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
3,231 m²
Building footprint
889 m²
Volume, LiDAR
4,503 m³
Parcel 13302D0427/00W000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lierseweg(HRT) 279, 2200 Herentals
NACE 7012001
since 20022.095.860.984
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13302D0427/00W000 Flanders 3,231 m² 1 · 889 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 165 EUR awarded · 165 EUR paid
Year Entries awardedpaid
2023 1 165 EUR165 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 165 EUR · 165 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,030 companies in sector 52100 we hold annual accounts for 764. 541 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded15-01-2002
Fiscal year end31-12
Activities, NACEBEL
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.