Five of the last ten came late. The 2021 accounts came latest: 30 days after the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 3,986 companies had the same profile as CORIMA has now. Each dot stands for 10 companies, two years later.
96.4%
were still trading
2.4%
stopped another way
1.1%
went bankrupt
Micro
20 years or older
solvency 10 to 30%
a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
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%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,986 companies, not a prediction for CORIMA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
1 director appointed, 3 reappointments
Reappointments: Name hiddenVisible after signing in (director), Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (managing director) · Appointment: Name hiddenVisible after signing in (managing director) · General meeting of 28-12-2023 · Gazette deed
2 directors appointed, 1 resignation, 1 reappointment
Reappointment: Hidden nameVisible after signing in (managing director) · Appointments: Name after signing inVisible after signing in and Name hiddenVisible after signing in · Resignation: Hidden nameVisible after signing in · General meeting of 25-03-2019 · Gazette deed
Registered office moved within Marchin
New registered office: EREFFE 22/2 à 4570 MARCHIN · Previous registered office: EREFFE 23/2, 4570 MARCHIN · Gazette deed
Registered office moved from Jambes to Marchin
New registered office: EREFFE 23/2 à 4570 MARCHIN · Previous registered office: AVENUE DE LA PLANTE 1-5100 JAMBES · Gazette deed
“La mise à la disposition de professions libérales ou de sociétés les moyens et…” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
The company number of CORIMA is 0437.174.842. The VAT number is the same number with BE in front: BE 0437.174.842.
Where is CORIMA based?
The registered office is at Rue Ereffe 22, 4570 Marchin.Company details
What is the legal form of CORIMA?
CORIMA is a public limited company (NV).
When was CORIMA founded?
CORIMA was founded on 30-03-1989.
Is CORIMA still active?
Yes, CORIMA is an active enterprise in the KBO register.
What is the turnover of CORIMA?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €28,668 and 3,270 comparable companies of the same size. It probably lies between €68,000 and €200,000. It is a rough estimate. In financial year 2021 turnover was €32,788.Financials
Is CORIMA profitable?
In financial year 2025, CORIMA made a profit of €9,251.
Where can I find the annual accounts of CORIMA?
CORIMA filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CORIMA due?
CORIMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline