CORMAN et FILS
ActiveFrom the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
CORMAN et FILS has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191,626 and a net result of -€31,391. Equity has been shrinking by about 4.5% per year since 2018. Its solvency ranks better than 78% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Official details
KBO- Status
- Active since 01-07-1992 Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 1 other
- Establishment unit
- 2.058.816.486 4877 Olne, since 01-07-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Board and ownership
- CORMAN Sergio Emile VictorDirector
- CORMAN SERGEDirector
- Sergio CORMAN90%annual accounts 2017
- Clara CORMAN5%annual accounts 2017
- Marielle HERMAN5%annual accounts 2017
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €30,139
- ▼ 68.9%
- Turnover
- ≈ €180,000
- estimated
- Loss
- €31,391
- Equity
- €191,626
- ▼ 14.5%
- Total assets
- €263,619
- ▼ 19.6%
- Staff
- 0.8 FTE
- ▼ 20.0%
Score breakdownraises riskLoss of €31,391 (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskEquity €191,626 (72.7% of total assets)Founded in 1992Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 79% of them on solvency, 55% on liquidity, 14% on profitability and 21% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as CORMAN et FILS: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €239,000 and €268,000, founded between 1988 and 2000.
| Company | Total assets | Gross margin |
|---|---|---|
| CORMAN et FILS Olne | €263,619 | €30,139 |
| Jean-Charles AMAND Liège | €265,038 | €30,235 |
| ARC-EN-CIEL NEW Grâce-Hollogne | €268,069 | €34,779 |
| EHCS Mechelen | €239,209 | €34,481 |
| BEAUSAERT Brugge | €252,174 | €35,942 |
| Minnen Sanitair en Centrale Verwarming Lubbeek | €242,682 | €25,076 |
| TROISFONTAINE CHRISTIAN TOITURES Grâce-Hollogne | €251,304 | €39,053 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 25-08-2026
- Annual accounts 2024filed on 27-08-2025
- Annual accounts 2023filed on 28-07-2024
- Annual accounts 2022filed on 12-05-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0447.765.559
Key facts about CORMAN et FILS
- What is the company number of CORMAN et FILS?
- The company number of CORMAN et FILS is 0447.765.559. The VAT number is the same number with BE in front: BE 0447.765.559.
- Where is CORMAN et FILS based?
- The registered office is at Voie Pirson 13, 4877 Olne.Company details
- What does CORMAN et FILS do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of CORMAN et FILS?
- The legal form of CORMAN et FILS is Private limited company (BV).
- When was CORMAN et FILS founded?
- CORMAN et FILS was founded on 01-07-1992.
- Is CORMAN et FILS still active?
- Yes, CORMAN et FILS is an active enterprise in the KBO register.
- How many employees does CORMAN et FILS have?
- CORMAN et FILS had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CORMAN et FILS?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €30,139 and 33 comparable companies (NACE 43222). It probably lies between €130,000 and €200,000.
- Is CORMAN et FILS profitable?
- In financial year 2025, CORMAN et FILS made a loss of €31,391.
- Where can I find the annual accounts of CORMAN et FILS?
- CORMAN et FILS filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of CORMAN et FILS due?
- CORMAN et FILS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.