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CORETEC ENGINEERING

In bankruptcy Public limited companyfounded 2004Rue des Gardes-frontière 1, 4031 LiègeKBO/BCE: BE 0866.307.988
CORETEC ENGINEERING
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Overview

Information for creditors

Enterprise Court of Liège, Liège division · Official Gazette of 01-03-2024
Appeal or third-party opposition 16-03-2024Filing the claim in RegSol 27-03-2024First verification report 11-04-2024Late claim 26-02-2025

Trustee: Pierre Henry. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

17 annual accounts with figures on one time axis, 18 filings since 2005
peak €13.1m (2013)
€5.2m 
lowest -€649,482 (2019)
-€302,540▼ €421,286
peak €1.7m (2016)
€406,935▼ 43.6%
€4.1m▲ 6.1%
peak 20.3 FTE (2014)
10.4 FTE▼ 20.6%
Board6 names since 2019
1 directorPYD INVEST & ADMINISTRATION
Owners2 names in the annual accounts
100%CORETEC ENERGY
Documentsfilings and deeds
30-08-202330 days late
2022financial year
Loss of €302,540Staff from 13.1 FTE to 10.4 FTEEquity from €722,045 to €406,935Cash from €240,440 to €92,835

Key points

from the 2022 annual accounts, the last ones filed

Equity

€406,935 from €1.7m in 2016

Equity fell by 76% in 6 years.

Result

-€302,540 -€302,540
€119,0002021-€303,0002022

From profit to loss in 2022, after a profit of €118,746 in 2021.

Debts

€4.1m 89% of the balance sheet
Financial debts 34%Suppliers 25%Taxes and wages 3%Other 38%

€1.4m of the debts are secured on the company's own assets. In 2021 that was €1.4m.

Staff

10.4 FTE from 20.3 in 2014

Between 2014 and 2022, 49% of the full-time equivalents disappeared.

Filings

18 annual accounts since 2005
AprilJune31 JulyOctober2005201020152020

Seven of the last ten came late. The 2020 accounts came latest: 39 days after the end of the period.

No score

Recent changes

Bankruptcy published Enterprise Court of Liège, Liège division · judgment of 26-02-2024 · Bankruptcy
Appointment: REWISE AD REVISEUR D'ENTREPRISES (statutory auditor) Permanent representative: Axel DUMONT · General meeting of 23-06-2022 · Gazette deed
2 directors appointed, 2 resignations Resignations: Sébastien Ryhon (managing director) and Pierre-Yves Dozo · Appointments: PYD INVEST & ADMINISTRATION and FBR MANAGEMENT (managing director) · Permanent representatives: Pierre-Yves Dozo and Sébastien Ryhon · General meeting of 05-10-2020 · Gazette deed
Resignation: Thierry Carrette (managing director) General meeting of 02-07-2020 · Gazette deed
All 33 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 26-02-2024
Activity
Other professional, scientific and technical activitiesNACE 74112and 3 others
Joint committee
209White-collar workers in metal manufacturing · annual accounts 2022
Establishment unit
2.138.029.8544031 Liège, since 09-07-2004
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2022

€5.2m
€302,540
€406,935▼ 43.6%
€4.6m▼ 3.7%
Employeeson 31-12-2022
9▼ 30.8%
Filing
Filed on 30-08-2023
Financials

Insights on CORETEC ENGINEERING

CORETEC ENGINEERING reached its highest turnover since 2012 in 2013: €13.1m. A year later it was €10.4m.

Equity fell from €1.7m in 2016 to €406,935 in 2022.

On 26 February 2024 the court declared CORETEC ENGINEERING bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2022

full format, filed on 30-08-2023, 30 days late
€5.2m
€74,807
▲ €137,089
€132,989
▲ €153,930
-€244,358
▼ €404,446
8.8%
▼ 6.2 percentage points
0.94
▼ 0.02

Money flows

turnover is 45.5% of income in 2022

Balance sheet

balance sheet total €4.6m on 31-12-2022
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

8.8%

Higher than 19% of 277 companies in 2022.

0.94

Higher than 25% of 269 companies in 2022.

-6.5%

Higher than 15% of 272 companies in 2022.

CORETEC ENGINEERING Middle half of the sector 80% of the sector Full accounts in other professional activities (NACE 74)

Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter · Staff: top quarter

Staff

Men and women

Not in that year's accounts.

€67,038

Staff costs divided by the average number of full-time equivalents.

-4 people

people who joined people who left

In 2022, 2 people joined and 6 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 4.6m4.8m4.3m4.4m5.6m4.9m8.0m6.4m6.5m5.4m8.2m4.6m2.6m3.2m1.5m1.1m732,856
20 70,644141,41251715,853945--000------845
21/28 699,8381.0m980,550816,782758,754932,6612.2m2.2m1.6m1.6m1.5m995,023285,348165,735151,76552,38221,162
21 12,20319,76327,44026,60089,802154,951253,684313,2502111,4966,05813,2709,39268,31042,00024,8171,671
22/27 28,18638,351202,57849,15933,5992,8281.3m1.4m1.5m1.4m1.4m970,724275,77697,245104,37923,90716,738
22 ----32,93501.3m1.3m1.3m1.4m1.3m170,041170,041----
23 4526999831646631,1974,7912,1693,2794,3896,0442,7666,3817,2915,3342,3244,219
24 1,6489,85420,49017,772-35748,81753,07869,44563,78964,48867,27863,15489,95499,04421,58312,518
26 26,08627,79829,51131,223-----0-------
27 --151,595----050,7820-730,63836,200----
28 659,449947,854750,531741,023635,353774,883621,386444,508161,030111,030112,03011,0301801805,3863,6571,908
280/1 ---------0-------
280 ---------0-------
281 ---------0-------
282/3 --745,799737,816632,146760,899618,478443,478160,000110,000-------
282 --112,048112,048632,146760,899618,478443,478160,000110,000-------
283 --633,751625,768-----0-------
284/8 --4,7333,2073,20713,9842,9071,0301,0301,030-------
284 ---------0-------
285/8 --4,7333,2073,20713,9842,9071,0301,0301,030-------
29/58 3.9m3.7m3.4m3.6m4.8m4.0m5.9m4.2m4.8m3.8m6.7m3.6m2.3m3.0m1.4m1.1m711,694
29 625,356-1.1m1.2m----50,0000-70,000-----
290 625,356-1.1m1.2m-----0-------
291 --------50,0000-70,000-----
3 1.0m1.6m999,184648,7811.2m497,7772.4m1.0m572,653789,0002.7m295,186-892,249401,845155,34039,262
30/36 65,78165,781185,013314,208103,275497,777491,6861.0m572,653789,0002.7m295,186--19,280155,34015,944
30/31 ---------0-------
32 -------277,296-0-------
33 ---------0-------
34 --185,013314,208103,275497,777491,686760,248572,653789,000-------
35 ---------0-------
36 ---------0-------
37 949,8831.5m814,171334,5721.1m-1.9m--0---892,249382,565-23,318
40/41 2.1m1.8m924,3391.6m3.5m3.0m2.7m2.5m3.5m2.0m2.8m2.2m1.4m1.1m635,358720,262357,906
40 2.0m1.7m831,2131.5m3.1m2.5m2.5m2.3m3.4m1.6m2.6m2.2m1.3m1.0m579,744707,557314,234
41 86,68659,50993,12683,087378,226504,079259,929132,83898,579364,232201,11068,02344,11130,70455,61412,70543,671
50/53 -----116,547184,200184,200184,200184,200184,200184,200184,200----
50 ------184,200184,200184,200184,200-------
51/53 -----116,547---0-------
54/58 92,835240,440244,319127,165117,166365,541579,805509,994485,609891,1081.0m848,791715,0361.0m326,931209,305305,624
490/1 10,05347,28246,28048,39411,090-3,28523,1133,55714,93522,5696,77722,80929,2479,4659,3878,902
Balance sheet: equity and liabilities
10/49 4.6m4.8m4.3m4.4m5.6m4.9m8.0m6.4m6.5m5.4m8.2m4.6m2.6m3.2m1.5m1.1m732,856
10/15 406,935722,045612,726320,4521.0m1.0m1.7m1.6m1.6m1.6m1.2m1.1m997,744769,161479,925303,996210,022
10/11 921,113921,113921,113621,113621,113621,113184,200184,200184,200184,200184,200184,200184,200184,200163,000163,000163,000
10 921,113921,113---------------
100 921,113921,113921,113621,113621,113621,113184,200184,200184,200184,200184,200184,200184,200184,200163,000163,000163,000
101 ---------0-------
11 --------00-------
1100/10 --------00-------
12 --------00-------
13 29,07029,07023,13223,13223,132154,428202,620202,620202,620202,620202,620202,620202,62018,42016,30016,30016,300
130/1 29,07029,07023,132--140,547184,200184,200184,200184,200184,200184,200184,200----
130 29,07029,07023,13223,13223,13213,88118,42018,42018,42018,42018,42018,42018,42018,42016,30016,30016,300
1312 ------184,200184,200184,200184,200184,200------
1319 -----140,547---0-184,200184,200----
132 ---------0-------
133 ---------0-------
14 -630,190-327,649-440,458-442,159207,32281,5501.1m1.0m1.0m990,298783,802734,937610,924566,541300,625124,69630,722
15 86,94199,511108,938118,366150,447150,447202,905212,895222,885182,475-------
19 --------00-------
16 112,167210,026613,398694,090241,731201,331279,331257,163257,163194,690142,485------
160/5 112,167210,026613,398694,090241,731201,331279,331257,163257,163194,690142,485------
160 ---------0-------
161 ---------0-------
162 ---------0-------
164/5 112,167210,026613,398694,090241,731201,331279,331257,163257,163194,690-------
168 --------00-------
17/49 4.1m3.9m3.1m3.4m4.3m3.7m6.1m4.5m4.6m3.6m6.9m3.5m1.6m2.4m1.0m842,679522,834
17 --7,73738,43168,72498,620996,7751.2m918,1771.0m1.1m1.0m522,94667,808113,786160,49144,213
170/4 --7,73738,43168,72498,620996,7751.2m918,1771.0m1.1m1.0m522,94667,808113,786160,49144,213
170 ---------0-------
171 ---------0-------
172 ------1,3913,2354,9496,543-------
173 --7,73738,43168,72498,620995,3841.2m913,227998,043-------
174 ---------0-------
175 ---------0-------
1750 ---------0-------
1751 ---------0-------
176 ---------0-------
178/9 ---------0-------
42/48 4.1m3.8m3.1m3.3m4.2m3.5m4.2m3.1m3.1m2.6m5.8m2.5m1.1m2.3m930,661678,290474,842
42 07,73730,69430,29329,89630,736208,159278,997203,498171,854142,500122,355131,84445,97845,69238,72211,681
43 1.4m1.4m861,316965,0001.4m745,000940,000700,000300,000500,000200,000548,00075,000850,0003150,000125,000
430/8 19,6721.4m861,316965,000---700,000300,000500,000-200,00075,000850,0003150,000125,000
439 1.4m---1.4m745,000940,000--0200,000348,000-----
44 1.1m1.2m1.1m1.1m1.6m1.8m2.3m1.4m1.6m1.2m2.3m811,616547,271347,101320,171121,909102,541
440/4 1.1m1.2m1.1m1.1m1.6m1.8m2.3m1.4m1.6m1.2m2.3m811,616547,271347,101320,171121,909102,541
441 ---------0-------
46 1.2m663,376580,707647,698439,438219,185---365,1122.5m264,742-920,003394,246217,39958,316
45 115,674150,873150,930132,594258,415135,490267,765197,103400,025315,655397,521316,011207,842154,773170,550150,26151,303
450/3 14,31515,75832,91915,849149,83111,00080,32740,790225,006185,750268,139234,983141,63455,737100,094115,36025,527
454/9 101,359135,115118,011116,746108,584124,490187,438156,313175,019129,905129,38281,02966,20899,03670,45734,90125,776
47/48 384,212361,126376,021405,763454,266643,674512,135470,655615,224108,721281,754416,473111,210---126,000
492/3 071,963-53,29868,11469,225870,015190,738600,14213,9389,9382,0001,010769923,8983,779
Income statement
70/76A --7.9m7.3m11.5m11.1m13.2m10.9m10.6m13.5m-------
70 5.2m-5.6m8.3m10.2m10.8m12.9m10.7m10.4m13.1m11.0m------
71 --2.1m-1.5m1.1m----0-------
72 ---------0-------
76A 9122,58950,73331,35111,0461,4702,18610,000-4,430-7,29045,072----
9900 1.2m1.1m--------1.3m1.1m1.3m1.2m893,347473,732207,899
60/66A --7.8m7.3m11.1m11.0m12.9m10.7m10.3m12.9m-------
60/61 9.8m---------10.0m------
60 --6.0m4.8m9.0m8.5m10.7m9.0m8.0m10.9m-------
600/8 --6.2m4.3m8.6m6.6m10.6m9.5m7.8m9.0m-------
609 ---188,097575,942408,5021.9m111,445-464,891216,3471.9m-------
61 --885,563972,7021.1m841,887868,720945,844918,278829,731-------
62 697,197882,601782,147740,777871,8701.2m1.1m787,0161.0m842,900752,744643,751677,087630,623531,005286,353136,297
630 58,18241,34218,625125,40282,751140,260194,776193,631114,850101,92690,11953,85569,27166,84147,99920,59111,762
631/4 273,281542,29048,086-215,645-6,666354,502--174,000184,400120,3332,928-----6,890
635/8 -97,859-403,372-80,691452,35840,400-22,168-62,47352,205142,485------11,747
640/8 158,412143,311162,008389,10762,21367,55528,9676516,78833,40013,9334,36911,43224,6936,605250585
649 ---------0-------
66A 33,0351568,6776,368----24,955---1,080---
9901 74,807-62,28286,745-9,720341,07449,740256,454108,789271,853576,814347,034432,246521,644446,140307,738166,53864,112
75/76B 12,570226,13817,4319,63889110,15710,82211,06725,17125,53812,78024,5916,5468,1722,8496,456
75 12,57019,71117,4319,63889110,15710,82211,06725,17125,53812,78024,5916,5468,1722,8496,456
750 ---------0-------
751 ------167693989468-------
752/9 --17,4319,6388919,99010,12810,07824,703-------
76B -206,427---------------
65/66B 387,59860,37271,664573,632196,08066,41877,11172,46563,75180,563107,26759,77761,90943,84327,26516,45413,530
65 79,01860,37271,66473,534196,08066,41877,11172,46563,75180,563107,26759,77761,90943,84327,26516,45413,530
650 --57,78548,90130,84445,01057,54754,95548,82262,153-------
651 ---10,000-----0-------
652/9 --13,87814,633165,23721,40719,56517,51014,92918,410-------
66B 308,580--500,098-------------
9903 -300,220103,48432,512-573,714145,082-16,676189,50057,145219,169500,897265,304392,539529,398407,763288,645152,93357,038
67/77 2,320-15,26230,81075,768100,606-6,10276,95338,55989,689184,401106,440158,526190,816139,726112,71658,95821,283
670/3 --30,81075,768100,60611,00080,36940,79089,689185,848-------
77 -----17,1023,4162,230-1,447-------
9904 -302,540118,7461,701-649,48244,476-10,574112,54718,586129,480316,496158,865234,014338,582268,037175,92893,97535,755
789 --------00-------
689 --------00-------
9905 -302,540118,7461,701-649,48244,476-10,574112,54718,586129,480316,496158,865234,014338,582268,037175,92893,97535,755
Appropriation of the result
9906 -630,190-321,712-440,458-442,159126,026237,8971.1m1.0m1.1m1.1m893,802844,937905,124568,661300,625124,69646,452
14P -327,649-440,458---------------
791/2 ----140,547252,000---0-------
791 ---------0-------
792 ----140,547252,000---0-------
691/2 05,937--9,251208,347---0--184,2002,120--15,730
691 ---------0-------
6920 -5,937--9,251----0---2,120--15,730
6921 -----208,347---0--184,200----
694/7 ----50,000200,00055,000-110,000110,000110,000110,000110,000----
694 ----50,000200,00055,000-110,000110,000110,000110,000110,000----
695 ---------0-------
Social balance sheet
9087 10.413.112.612.61414202020.316.915.93.36.812.111.45.63.1
Men (FTE)1003 --11.6111212181617.815.5-------
Women (FTE)1003 --11.622242.51.4-------
Agency workers1501 --------0.50.8-------
Hours worked1013 17,02222,06620,91021,20023,40735,70033,93335,87233,82428,15423,8263,5746,38721,28719,8749,5495,139
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for financial year 2005 were filed as a document without figures as data, a scan for example.

The notes to these accounts have 23 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2022 (PDF), filed on 30-08-2023.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2022 annual accounts filed 30 days after the deadline. Filed on 30 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00427460.

Financial year Type Filed Reference Document
31-12-2022 full format 30-08-2023 2023-00427460 PDF
31-12-2021 full format 30-08-2022 2022-20393191 PDF
31-12-2020 full format 08-09-2021 2021-66700231 PDF
31-12-2019 full format 31-07-2020 2020-38900580 PDF
31-12-2018 full format 31-07-2019 2019-43500228 PDF
31-12-2017 full format 21-08-2018 2018-47900036 PDF
31-12-2016 full format 25-08-2017 2017-48600357 PDF
31-12-2015 full format 30-08-2016 2016-53000095 PDF
31-12-2014 full format 18-08-2015 2015-44400293 PDF
31-12-2013 full format 25-07-2014 2014-35000542 PDF
31-12-2012 full format 13-06-2013 2013-18200374 PDF
31-12-2011 full format 27-06-2012 2012-25500340 PDF
31-12-2010 full format 19-06-2011 2011-18200008 PDF
31-12-2009 full format 08-06-2010 2010-16100534 PDF
31-12-2008 full format 22-07-2009 2009-45800214 PDF
31-12-2007 full format 26-05-2008 2008-16400068 PDF
31-12-2006 full format 03-07-2007 2007-35000357 PDF
31-12-2005 full format 01-06-2006 2006-19001500 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20222021202020192018201720162015201420132012201120102009200820072006
132,989-20,940105,370115,681423,825190,000451,230302,420386,703678,740437,153486,101590,915512,982355,737187,12975,874
-244,358160,08820,326-524,080127,227129,685307,323212,217244,330418,423248,984287,869407,853334,878223,927114,56647,517
562,94311,241172,67177,545194,495301,405224,581750,795198,218169,777599,163763,531236,55287,097147,38251,81119,843
-147,605-3,879117,1549,999-248,375-214,26469,81124,385-405,499-147,798190,115133,755-290,440678,545117,626-96,320-
-251,381-143,348252,794273,636620,884444,0531.6m1.1m1.8m1.2m883,4101.2m1.2m671,311442,938416,003236,852
1.4%-1.6%-0.1%3.3%0.5%2.0%1.0%2.6%4.4%3.2%------
8.8%15.0%14.1%7.3%18.0%20.5%20.8%25.5%25.0%28.9%14.3%24.2%38.5%24.4%31.5%26.5%28.7%
0.940.961.081.081.151.131.391.371.571.461.151.472.151.291.481.611.50
0.690.550.760.890.870.980.831.031.381.160.691.352.150.901.041.381.42
10.135.385.0810.564.323.683.632.762.842.345.863.131.603.102.182.772.49
-74.3%16.4%0.3%-202.7%4.4%-1.0%6.7%1.1%8.0%20.3%13.6%20.9%33.9%34.8%36.7%30.9%17.0%
-6.5%2.5%0.0%-14.8%0.8%-0.2%1.4%0.3%2.0%5.9%1.9%5.1%13.0%8.5%11.5%8.2%4.9%
1.68-0.351.822.3713.744.227.845.507.9210.92-------
144 days-54 days64 days112 days84 days70 days80 days121 days44 days85 days------
39 days-58 days70 days59 days69 days72 days53 days64 days36 days84 days------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202231-12-2021
Employees at the balance-sheet date913
full-time812
part-time11
in full-time equivalents8.912.6
10.413.1
On a permanent contract912
Joined26
Left67
Training hours0948

Source: social balance sheet in the 2021 to 2022 annual accounts

Securities and guarantees

on own assets and for others
Item20222021
Debts secured on the company's own assets€1.4m€1.4m
Debts guaranteed by Belgian public bodies€500,000€500,000
€2.0m€2.0m

Source: notes to the 2021 to 2022 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20222021
Tangible fixed assets-€958
Financial fixed assets€562,943€10,283
€58,182€41,342

Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)

Insights on CORETEC ENGINEERING

The operating result for 2022 is a profit of €74,807, after a loss of €62,282 in 2021.

Debt's share of the balance-sheet total rises from 80.7% to 88.8%. Equity is lower and debt is higher.

Large changes and their cause
  • 2021 Net result +6,880% on 2020. The 2021 profit included a one-off income of €209,016.
  • 2020 Equity +91% on 2019. Capital increase of €300,000 (Official Gazette 11-08-2020).

Board & ownership

Curator

the curator has managed the company since 26-02-2024
Pierre Henry
Curator, Boulevard De La Sauveniere 117, 4000 Liege 1
Also on 40 other cases

Last board

1 director, 1 in day-to-day management, 1 auditor, last change in 2020
PYD INVEST & ADMINISTRATION
Director
appointed by deed of 17-12-2020
FBR Management BV
Managing director, permanent representative Sébastien Ryhon
appointed by deed of 17-12-2020
also on the board of 3 other companies
1 other company bankrupt
REWISÉ AD REVISEUR D'ENTREPRISES
Statutory auditor, permanent representative Axel DUMONT
appointed by deed of 19-04-2023
FBR Management
Permanent representatives 1
Sébastien Ryhon
Permanent representative, for FBR Management
appointed by deed of 17-12-2020

Office holders in the KBO →

Mandates through the years

6 names, the dashed line is today
PYD INVEST & ADMINISTRATION
Director
FBR Management
Managing director
REWISÉ AD REVISEUR D'ENTREPRISES
Statutory auditor
Pierre-Yves Dozo
Director
Sébastien Ryhon
Managing director
Thierry Carrette
Managing director
LeadershipBoardEarliermandate already running before its first mentionBankruptcy 26-02-2024
Mandates as a list
  • PYD INVEST & ADMINISTRATION
    • Director, from 05-10-2020, until the bankruptcy of 26-02-2024
  • FBR Management
    • Managing director, from 05-10-2020, until the bankruptcy of 26-02-2024
  • REWISÉ AD REVISEUR D'ENTREPRISES
    • Statutory auditor, from 03-10-2019, until the bankruptcy of 26-02-2024
  • Pierre-Yves Dozo
    • Director, until 17-12-2020
  • Sébastien Ryhon
    • Managing director, until 17-12-2020
  • Thierry Carrette
    • Director, until 02-07-2020
    • Managing director, until 02-07-2020

See the board, name and registered office on a given date →

Control

Shareholder in 2024
CORETEC ENERGY
100%
This company
CORETEC ENGINEERING
Equity €406,935
Loss €302,540 in 2022

Capital

Capital
€921,113.44
Source
2022 annual accounts

Owners through the years

as the annual accounts name them
CORETEC ENERGY
100%
100%
Invest Minguet Gestion
31%25%
24% until 2017
Owners as a list

Source: lists of holdings in the owners' accounts

Capital transactions

Capital over time
  1. 11-08-2020 Capital reduction · to €621,113.44
  2. 11-08-2020 Capital increase of €300,000 · to €921,113.44 · “augmentation de la valeur actuelle des actions existantes”

The directors' other companies

1 last director with another company that went bankrupt, was dissolved or struck off

1 other company of this director went bankrupt (2024).

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Network & group

Holdings

own 2022 accounts
This companyCORETEC ENGINEERING1 holding, 1 country 2022 accounts

Belgium 1 Equity Result

  • BE ENERWOOD SA17.7%open bankruptcy -€230,532 result -€596,200

Source: list of holdings in its own 2022 accounts. Every holding stands with its own latest accounts.

At the same address

Rue des Gardes-Frontière 1, 4031 Liège · 2 other companies
CORETEC MAINTENANCE
registered office since 06-09-2017 · founded in 2017
 6.6 FTE (2022)
0680.782.226
CORETEC INVOICING
establishment since 23-09-2010 · founded in 2010
 3.4 FTE (2025)
0829.505.101

Earlier ties

CORETEC Services
via FBR Management, no longer at CORETEC Services · Director · deed of 17-12-2020
founded in 2017
 3.7 FTE (2025)
CORETEC ENERGY
via FBR Management, no longer at CORETEC ENERGY · Director · deed of 17-12-2020
founded in 2016
 3.8 FTE (2025)
CORETEC PROJECTS
via FBR Management, no longer at CORETEC PROJECTS · Director · deed of 20-06-2023
founded in 2023
 total assets €95,864 (2025)

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
Holdings through the years 2012 to 2022
Holdings through the years
Name20122013201420152016201720182019202020212022
ENERWOOD 10%19.9%17.7%
Compagnie de Péville 25%
E.P.E. IMMO 25%
OPTITHERM listed25%
3j-Consult 24.91%
KST PROCESS 25%

Source: list of holdings in its own accounts

Connections & network

6 connected companies
Depth
Actyve, Shared corporate director AActyveAzimut Energy, Shared corporate director AEAzimut EnergyCORETEC INVOICING, Shared corporate director CICORETECINVOICINGCORETEC MAINTENANCE, Shared corporate director · open bankruptcy CMCORETECMAINTENANCECORETEC MONITORING, Shared corporate director CMCORETECMONITORINGIMMOBERNEAU, Shared corporate director IIMMOBERNEAUCORETEC ENERGY, Shared corporate director CECORETEC ENERGYCORETEC PROJECTS, Shared corporate director CPCORETECPROJECTSCORETEC Services, Shared corporate director CSCORETECServicesCORETEC ENGINEERING CORETECENGINEERING0866.307.988
Shared directorsIn bankruptcy
This 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
CORETEC MAINTENANCE
via FBR Management · Managing director · deed of 17-12-2020
Open bankruptcy · founded in 2017 · 6.6 FTE (2022)
→
IMMOBERNEAU
via FBR Management · Director (not named in the articles) · deed of 20-06-2023
Founded in 2016 · total assets €1.1m (2025) · negative equity
→
Azimut Energy
via FBR Management · Director (not named in the articles) · deed of 23-07-2025
Founded in 2023 · total assets €2.2m (2025)
→
CORETEC INVOICING
via FBR Management · Director · deed of 17-12-2020
Founded in 2010 · 3.4 FTE (2025)
→
Show 2 more companies with a shared director
CORETEC MONITORING
via FBR Management · Director · deed of 07-07-2025
Founded in 2018 · turnover €77,755 (2025)
→
Actyve
via FBR Management · Director (not named in the articles) · deed of 26-02-2026
Founded in 2024 · total assets €38,314 (2025)
→

Timeline

Timeline

33 events since 2004
2024
Bankruptcy published Enterprise Court of Liège, Liège division · judgment of 26-02-2024
2023
Annual accounts 2022 filed PDFfull format · 30 days late
Appointment: REWISE AD REVISEUR D'ENTREPRISES (statutory auditor)Permanent representative: Axel DUMONT · General meeting of 23-06-20223 points ▸

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFfull format · 30 days late
2021
Annual accounts 2020 filed PDFfull format · 39 days late
2020
Back to profit net €1,701 The net result is €1,701, after one loss-making year.
2 directors appointed, 2 resignationsResignations: Sébastien Ryhon (managing director) and Pierre-Yves Dozo · Appointments: PYD INVEST & ADMINISTRATION and FBR MANAGEMENT (managing director) · Permanent representatives: Pierre-Yves Dozo and Sébastien Ryhon · General meeting of 05-10-20207 points ▸

Open the deed in the Belgian Official Gazette

Resignation: Thierry Carrette (managing director)General meeting of 02-07-20205 points ▸

Open the deed in the Belgian Official Gazette

Capital increase · Amendment of the articlesCapital from €824,200 to €621,113.44 · Capital from €621,113.44 to €921,113.44 · Contribution of €300,000 · General meeting of 30-07-20206 points ▸
  • General meeting, 30-07-2020
  • Capital decrease, €621,113.44
  • Capital increase, €300,000
  • Capital contribution, €300,000
  • Capital, €921,113.44, 184,200 shares
  • Amendment of the articles, article 5
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFfull format · on the deadline day
2019
Weakest financial year net -€649,482 The net result drops to -€649,482, the lowest from 2006 to 2022.
Annual accounts 2018 filed PDFfull format · on the deadline day
2018
Back to profit net €44,476 The net result is €44,476, after one loss-making year.
Annual accounts 2017 filed PDFfull format · 21 days late
2017
Deed on restructuring Capital €621,113, annual accounts 2017
Annual accounts 2016 filed PDFfull format · 25 days late
2016
Annual accounts 2015 filed PDFfull format · 30 days late
Energy auditor approval granted GazetteDecision of 01-02-2016, published on 21-03-2016
2015
Annual accounts 2014 filed PDFfull format · 18 days late
2014
Annual accounts 2013 filed PDFfull format · 6 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 48 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 34 days before the deadline
2011
Equity above €1m equity €1.1m ▲12.4% With a profit in every financial year since 2006, equity grows to €1.1m.
Annual accounts 2010 filed PDFfull format · 42 days before the deadline
2010
Highest result from 2006 to 2022 net €338,582 ▲26.3% The net result of €338,582 is the highest of those years.
Annual accounts 2009 filed PDFfull format · 53 days before the deadline
2009
Equity above €500,000 equity €769,161 ▲60.3% With a profit in every financial year since 2006, equity grows to €769,161.
Annual accounts 2008 filed PDFfull format · 9 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 66 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 28 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2004
First establishment Rue des Gardes-frontière 1, Liège
Incorporation PDF25 publications in the Belgian Official Gazette, the last on 01-03-2024 · published on 20-07-2004

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

CORETEC ENGINEERING was incorporated on 7 July 2004.1 In 2020 the capital was increased by €300,000 to €921,113.2 Turnover fell from €10.2m in 2018 to €5.2m in 2022 and headcount from 14 to 10.4 full-time equivalents.3 On 26 February 2024 the company was declared bankrupt.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-08-2020
  3. 3National Bank, annual accounts 2018 and 2022
  4. 4Belgian Official Gazette, 01-03-2024

Company details

Identity

Enterprise number
0866.307.988
VAT number
BE 0866.307.988
Legal form
Public limited company
Status
In bankruptcy, since 26-02-2024
Founded
07-07-2004
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
CORETEC ENGINEERING in French
Entity type
Legal entity

Activities

NACEBEL 2025
74112 Other professional, scientific and technical activities main activity
43222 Installation of electric heating, air conditioning, cooling and ventilation
95100 Repair and maintenance of computers and communication equipment
95290 Repair and maintenance of other personal and household goods
Joint committees annual accounts 2022
JC 209 White-collar workers in metal manufacturing
Codes under NACEBEL 2008
74102 Other professional, scientific and technical activities main activity
43222 Specialised construction activities
95110 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95120 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95290 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue des Gardes-frontière 1 registered office 4031 Liège 62100 Computer programming 09-07-2004 2.138.029.854

Buildings and parcels at the address

Ground area
4,883 m²
Buildings
747 m²
Volume, LiDAR
5,252 m³
Tallest building
8.6 m
Buildings to scale, each on its own parcel
747 m², 8.6 m 747 m², 8.6 m

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
62002C0005/00H0064,883 m² 1 · 747 m² 8.6 m · 2

Recognitions

Licences in the Official Gazette

1 publication
Energy auditor approval
Granted · decision 01-02-2016 · published on 21-03-2016 · Official Gazette

Contact

Website www.coretec.be establishment in Liège
E-mail info@coretec.be establishment in Liège
Phone +32 4 239 79 80 establishment in Liège
Fax +32 4 246 04 56 establishment in Liège

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