CORIMEX
InactiveCORIMEX was declared bankrupt on 05-07-2022 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 19-09-2023, published in the Belgian State Gazette on 25-09-2023.
Summary
Inactive; last annual accounts for fiscal year 2016.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-09-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
30-09-2017 close30-04-2018 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2016 was due by 30-04-2017 and was filed on 05-04-2017, 25 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2016, abbreviated schema
Equity
€16,293▲ 64.9%
2015 · €9,878
Total assets
€16,793▲ 9.4%
2015 · €15,354
Net result
€6,415▲ 8.6%
2015 · €5,907
Working capital
€9,878▲ 372%
2014 · €2,091
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20122013201420152016
Operating result-€2,403--€5,195▼ 116%-€877▲ 83.1%-€533▲ 39.2%€5,902
Net result-€3,304--€5,720▼ 73.1%-€1,012▲ 82.3%€5,907€6,415▲ 8.6%
Equity€4,303-€1,583▼ 63.2%€3,971▲ 151%€9,878▲ 149%€16,293▲ 64.9%
Total assets€23,485-€16,748▼ 28.7%€14,579▼ 12.9%€15,354▲ 5.3%€16,793▲ 9.4%
Debt€19,182-€15,165▼ 20.9%€10,608▼ 30.0%€5,475▼ 48.4%€500▼ 90.9%
Working capital€1,299--€597€2,091€9,878▲ 372%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2016: €5,902 after a loss of €533 in 2015, the highest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Equity and liabilities €16,793
Equity
€16,293 ▲ 64.9%
Debt
€500 ▼ 90.9%
Debt's share of the balance-sheet total falls from 35.7% to 3.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
39.4%▼
2015 · 59.8%
ROA
38.2%▼
2015 · 38.5%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,212 | €5,778 | €5,440 | - | - | - |
| Gross operating margin9900 | €4,355 | €1,619 | €5,779 | €1,058 | €6,799 | ▲ 543% |
| Operating profit (loss)9901 | -€2,403 | -€5,195 | -€877 | -€533 | €5,902 | ▲ 1,207% |
| Recurring financial income75 | €11 | €5 | €322 | €412 | €431 | ▲ 4.5% |
| Recurring financial charges65 | €809 | €631 | €456 | €322 | €113 | ▼ 64.9% |
| Profit (loss) for the period before taxes9903 | -€3,201 | -€5,820 | -€1,012 | €5,907 | €6,415 | ▲ 8.6% |
| Income taxes67/77 | €103 | -€100 | - | - | - | - |
| Profit (loss) for the period9904 | -€3,304 | -€5,720 | -€1,012 | €5,907 | €6,415 | ▲ 8.6% |
| Profit (loss) for the period to be appropriated9905 | -€3,304 | -€5,720 | -€1,012 | €5,907 | €6,415 | ▲ 8.6% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €23,485 | €16,748 | €14,579 | €15,354 | €16,793 | ▲ 9.4% |
| Fixed assets21/28 | €16,632 | €10,854 | €5,415 | - | - | - |
| Tangible fixed assets22/27 | €16,632 | €10,854 | €5,415 | - | - | - |
| Current assets29/58 | €6,853 | €5,894 | €9,165 | €15,354 | €16,793 | ▲ 9.4% |
| Amounts receivable within one year40/41 | €2,719 | €4,772 | €4,322 | €4,946 | €9,490 | ▲ 91.9% |
| Cash at bank and in hand54/58 | €3,567 | €946 | €4,665 | €10,408 | €7,304 | ▼ 29.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €23,485 | €16,748 | €14,579 | €15,354 | €16,793 | ▲ 9.4% |
| Equity10/15 | €4,303 | €1,583 | €3,971 | €9,878 | €16,293 | ▲ 64.9% |
| Contributions10/11 | €12,200 | €15,200 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€9,757 | -€15,477 | -€16,489 | -€10,582 | -€4,167 | ▲ 60.6% |
| Amounts payable17/49 | €19,182 | €15,165 | €10,608 | €5,475 | €500 | ▼ 90.9% |
| Amounts payable after more than one year17 | €13,628 | €8,674 | €3,534 | - | - | - |
| Amounts payable within one year42/48 | €5,554 | €6,491 | €7,074 | €5,475 | - | - |
| Trade debts44 | €330 | €1,154 | €1,396 | - | - | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,304 | -€5,720 | -€1,012 | €5,907 | €6,415 | ▲ 8.6% |
| + Depreciation and write-downs630 | €6,212 | €5,778 | €5,440 | - | - | - |
| Operating cash flow (approximation) | €2,908 | €58 | €4,428 | €5,907 | €6,415 | ▲ 8.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€2,621 | €3,719 | €5,743 | -€3,104 | ▼ 154% |
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
2023
25-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 19-09-2023
2022
11-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 05-07-2022
2017
05-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-09
Financial
Highest result since 2012net €6,415 ▲8.6%
Operating result €5,902, net result €6,415, both a record.
23-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-09
Financial
Back to profitnet €5,907
Net result €5,907 after 3 loss-making years.
30-09
Financial
Liquidity doublescurrent ratio 2.80
Current ratio from 1.30 to 2.80; short-term debt falls from €7,074 to €5,475.
03-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
27-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-09
Financial
Weakest financial yearnet -€5,720
Net result drops to -€5,720, the lowest in the series.
01-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
12-03
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
22-03
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARK BRUURS ALPHENSEWEG 12, 2387 BAARLE-
HERTOG |
05-07-2022 → 19-09-2023 |