Equity
-€19,337
Debts exceed assets in financial year 2025.
CORMAN
Lifetime
19 annual accounts with figures on one time axis, 44 filings since 1979peak €59,865 (2010)
-not published
lowest -€39,538 (2011)
-€11,579▼ €1,449
peak €38,218 (2022)
-€19,337▼ €11,579
€47,746unchanged
peak 1.6 FTE (2016)
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Loss of €11,579Equity from -€7,759 to -€19,337
Key points
from the 2025 annual accountsLosses
-€21,708 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€47,746 168% of the balance sheet
Financial debts 11%Taxes and wages 7%Other 82%
Of this, €42,396 falls due within a year.
2025 accounts filed 30 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,618 companies had the same profile as CORMAN has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 6,618 companies, not a prediction for CORMAN. 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
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Signals
Recent changes
Change of role: , from manager to director
“La société peut s’intéresser par voie d'association,d'apport,de fusion,d'intervention financière ou autrement…” (deed in French) · Director discharge: · General meeting of 13-03-2023 · Gazette deed
Registered office moved from Hamoir to Xhoris
New registered office: n°4A, Vois Michel à 4190 Xhoris · Previous registered office: Rue du Pont 32 à 4180 Hamoir · General meeting of 31-03-2022 · Gazette deed
First establishment
Voie Michel 4a, Ferrières
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CORMAN Ferrières | €28,409 | - | -68.1% | - |
| B.T.S. LANGUAGE CENTER Charleroi | €27,676 | -€28,921 | 64.3% | - |
| EXPERTA Lokeren | €34,936 | €32,703 | 86.8% | - |
| STUBBE M.T. Roosdaal | €24,835 | -€5,539 | 67.2% | - |
| WAREGEM INDUSTRIE ONDERWIJS Waregem | €31,799 | €3,523 | 92.4% | - |
| AD - VISIE Lier | €31,214 | €12,709 | -3.1% | - |
| INFO SERVICE PLUS Houthalen-Helchteren | €24,677 | €4,344 | 93.8% | - |
These companies have the same main activity as CORMAN: other education (NACE 85599). They are comparable in size and age: total assets between €24,700 and €34,900, founded between 1984 and 1992.
Official details
Source: KBO- Status
- Active since 05-07-1979Normal situation
- Activity
- Other educationNACE 85599
- Establishment unit
- 2.134.422.6424190 Ferrières, since 02-10-2003
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on CORMAN
CORMAN files the micro format. That format states no turnover. The gross margin fell from €28,260 in 2006 to €5,510 in 2024.
The balance sheet grew most from 2008 to 2009 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CORMAN
- What is the company number of CORMAN?
- The company number of CORMAN is 0419.694.551. The VAT number is the same number with BE in front: BE 0419.694.551.
- Where is CORMAN based?
- The registered office is at Voie Michel 4A, 4190 Ferrières.Company details
- What does CORMAN do?
- According to the KBO register, the main activity is other education (NACE 85599).
- What is the legal form of CORMAN?
- CORMAN is a private limited company (BV).
- When was CORMAN founded?
- CORMAN was founded on 05-07-1979.
- Is CORMAN still active?
- Yes, CORMAN is an active enterprise in the KBO register.
- How many employees does CORMAN have?
- CORMAN had an average of 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of CORMAN?
- The annual accounts for financial year 2025 state no turnover. In financial year 2021 turnover was €87,542.
- Is CORMAN profitable?
- In financial year 2025, CORMAN made a loss of €11,579.
- Where can I find the annual accounts of CORMAN?
- CORMAN filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CORMAN due?
- CORMAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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