Skip to content

CORIMEX

Active
Public limited companyfounded 2008active for 18 yearsRiyadhstraat 16, 2321 Hoogstraten, BelgiumKBO/BCE: BE 0806.269.344
Summary

CORIMEX has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €409,106 and a net result of -€10,629. Equity remains stable across the filed financial years (±0.6% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€409,106▼ 2.5%
2024 · €419,735
Total assets
€592,603▲ 7.0%
2024 · €553,732
Net result
-€10,629▲ 79.0%
2024 · -€50,666
Working capital
-€40,452
2024 · €14,307
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €10,970 in 2025 against €60,154 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.01m 2025 Net result-€0.01m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.02m-€0.01m▼ 40.0%-€0.005m€0.001m€0.04m▲ 31×-€0.02m-€0.06m▼ 173%-€0.01m▲ 81.8%
Net result€0.02m-€0.01m▼ 35.8%-€0.005m-€0.008m▼ 67.9%€0.03m-€0.02m-€0.05m▼ 182%-€0.01m▲ 79.0%
Equity€1.5m-€1.5m▲ 0.9%€1.5m▼ 0.3%€1.5m▼ 0.5%€1.5m▲ 2.1%€1.5m▼ 1.2%€0.4m▼ 71.5%€0.4m▼ 2.5%
Total assets€1.5m-€1.5m▲ 2.5%€1.5m▼ 1.0%€1.5m▼ 0.5%€1.5m▲ 2.7%€1.5m▼ 1.2%€0.6m▼ 63.4%€0.6m▲ 7.0%
Debt€0.02m-€0.04m▲ 136%€0.03m▼ 26.0%€0.03m▲ 1.4%€0.04m▲ 30.2%€0.04m=€0.1m▲ 222%€0.2m▲ 36.9%
Working capital€1.0m-€1.0m▲ 2.4%€1.0m▲ 0.5%€1.0m▲ 0.2%€1.1m▲ 3.9%€1.1m▼ 0.9%€0.01m▼ 98.6%-€0.04m
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €592,603
Fixed assets €449,558 ▲ 10.9%
Current assets €143,045 ▼ 3.5%
Equity and liabilities €592,603
Equity €409,106 ▼ 2.5%
Debt €183,497 ▲ 36.9%
Debt's share of the balance-sheet total rises from 24.2% to 31.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1,772▲
2024 · -€51,546
Cash flow
€2,113▲
2024 · -€42,058
Current ratio
0.78▼
2024 · 1.11
Debt to equity
0.45▲
2024 · 0.32
ROE
-2.6%▲
2024 · -12.1%
ROA
-1.8%▲
2024 · -9.1%
Interest coverage
8.02▲
2024 · -239.24
Debt ≤ 1 year
€183,497▲
2024 · €133,997
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,687 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 93.7% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
5.4% stopped otherwise
93.7% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 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 74.5% 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 2,687 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.6m€0.6m▲
Fixed assets21/28€0.4m€0.4m▲
Tangible fixed assets22/27€0.4m€0.4m▲
Land and buildings22€0.4m€0.4m▼
Plant, machinery and equipment23-€0.05m
Current assets29/58€0.1m€0.1m▼
Amounts receivable within one year40/41€0.02m€0.02m▼
Trade receivables40€92€0▼
Other amounts receivable41€0.02m€0.02m▼
Cash at bank and in hand54/58€0.1m€0.1m▼
Deferred charges and accrued income490/1€0.001m€0.003m▲
Equity and liabilities
Total equity and liabilities10/49€0.6m€0.6m▲
Equity10/15€0.4m€0.4m▼
Contributions10/11€0.07m€0.07m=
Capital10€0.07m€0.07m=
Issued capital100€0.07m€0.07m=
Reserves13€0.4m€0.4m=
Non-distributable reserves130/1€0.007m€0.007m=
Legal reserve130€0.007m€0.007m=
Distributable reserves133€0.3m€0.3m=
Profit (loss) carried forward14€0-€0.01m▼
Amounts payable17/49€0.1m€0.2m▲
Amounts payable within one year42/48€0.1m€0.2m▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€0.1m€0.2m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.009m€0.01m▲
Other operating charges640/8€0.02m€0.02m▲
Gross operating margin9900-€0.03m€0.02m▲
Operating profit (loss)9901-€0.06m-€0.01m▲
Financial income75/76B€0.01m€0.001m▼
Recurring financial income75€0.01m€0.001m▼
Financial charges65/66B€215€221▲
Recurring financial charges65€215€221▲
Profit (loss) for the period before taxes9903-€0.05m-€0.01m▲
Profit (loss) for the period9904-€0.05m-€0.01m▲
Profit (loss) for the period to be appropriated9905-€0.05m-€0.01m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.6m-€0.01m▼
Profit (loss) brought forward from the previous period14P€0.7m€0▼
Transfer from equity791/2€0.4m€0▼
Profit to be distributed694/7€1.0m€0▼
Return on contributions (dividend)694€1.0m€0▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,138€11,050€9,650€9,650€9,043€8,608€8,608€12,742▲ 48.0%
Other operating charges640/8---€16,497€16,839€17,449€19,127€20,759▲ 8.5%
Gross operating margin9900€65,496€26,487€35,830€27,530€69,310€3,997-€32,420€22,530-
Operating profit (loss)9901€24,153€14,488-€4,745€1,382€43,427-€22,060-€60,154-€10,970▲ 81.8%
Financial income75/76B-----€4,283€9,703€562▼ 94.2%
Recurring financial income75€4,246€4,164---€4,283€9,703€562▼ 94.2%
Financial charges65/66B---€1,470€3,192€208€215€221▲ 2.6%
Recurring financial charges65€103€64€47€1,470€3,192€208€215€221▲ 2.6%
Profit (loss) for the period before taxes9903€28,296€18,588-€4,791-€87€40,235-€17,984-€50,666-€10,629▲ 79.0%
Income taxes67/77€8,250€5,710-€20€7,924€9,647€0---
Profit (loss) for the period9904€20,046€12,877-€4,771-€8,012€30,588-€17,984-€50,666-€10,629▲ 79.0%
Profit (loss) for the period to be appropriated9905€20,046€12,877-€4,771-€8,012€30,588-€17,984-€50,666-€10,629▲ 79.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m€0.6m€0.6m▲ 7.0%
Fixed assets21/28€0.5m€0.5m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m▲ 10.9%
Tangible fixed assets22/27€0.5m€0.5m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m▲ 10.9%
Land and buildings22---€0.4m€0.4m€0.4m€0.4m€0.4m▼ 2.1%
Plant, machinery and equipment23---€436€0--€0.05m-
Current assets29/58€1.0m€1.1m€1.1m€1.1m€1.1m€1.1m€0.1m€0.1m▼ 3.5%
Amounts receivable within one year40/41-€474€474€0.006m€0.006m€0.007m€0.02m€0.02m▼ 11.4%
Trade receivables40---€474€92€92€92€0▼ 100%
Other amounts receivable41---€0.006m€0.006m€0.007m€0.02m€0.02m▼ 11.0%
Current investments50/53€0.1m--------
Cash at bank and in hand54/58€0.9m€1.1m€1.1m€1.1m€1.1m€1.1m€0.1m€0.1m▼ 4.1%
Deferred charges and accrued income490/1----€0.002m€0.001m€0.001m€0.003m▲ 206%
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m€0.6m€0.6m▲ 7.0%
Equity10/15€1.5m€1.5m€1.5m€1.5m€1.5m€1.5m€0.4m€0.4m▼ 2.5%
Contributions10/11€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m=
Capital10---€0.07m€0.07m€0.07m€0.07m€0.07m=
Issued capital100---€0.07m€0.07m€0.07m€0.07m€0.07m=
Reserves13€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m€0.4m€0.4m=
Non-distributable reserves130/1---€0.007m€0.007m€0.007m€0.007m€0.007m=
Legal reserve130---€0.007m€0.007m€0.007m€0.007m€0.007m=
Distributable reserves133---€0.7m€0.7m€0.7m€0.3m€0.3m=
Profit (loss) carried forward14€0.6m€0.7m€0.7m€0.6m€0.7m€0.7m€0-€0.01m-
Amounts payable17/49€0.02m€0.04m€0.03m€0.03m€0.04m€0.04m€0.1m€0.2m▲ 36.9%
Amounts payable within one year42/48€0.02m€0.04m€0.03m€0.03m€0.04m€0.04m€0.1m€0.2m▲ 36.9%
Trade debts44€0.002m€0.005m-------
Taxes, remuneration and social security45----€0.01m€0.01m€0--
Taxes450/3----€0.01m€0.01m€0--
Other amounts payable47/48---€0.03m€0.03m€0.03m€0.1m€0.2m▲ 36.9%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€20,046€12,877-€4,771-€8,012€30,588-€17,984-€50,666-€10,629▲ 79.0%
+ Depreciation and write-downs630€27,138€11,050€9,650€9,650€9,043€8,608€8,608€12,742▲ 48.0%
Operating cash flow (approximation)€47,184€23,928€4,879€1,639€39,631-€9,377-€42,058€2,113-
Investment in fixed assets (approximation)-€0€0€0€0€0€0-€56,872-
Change in cash-€147,963-€7,869-€2,244€47,689-€9,710-€961,568-€5,241▲ 99.5%

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

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 19-06-2026 2026-00175293
31-12-2024 micro format 31-08-2025 2025-00453322
31-12-2023 micro format 12-08-2024 2024-00339728
31-12-2022 micro format 31-08-2023 2023-00392335
31-12-2021 micro format 29-07-2022 2022-20270799
31-12-2020 micro format 06-08-2021 2021-46300447
31-12-2019 micro format 18-08-2020 2020-41700460
31-12-2018 micro format 29-08-2019 2019-53500152
31-12-2017 micro format 31-08-2018 2018-55400226
31-12-2016 micro format 28-07-2017 2017-36600390

Show all 17 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.