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CORMAN MATELAS

Active Private limited companyfounded 2023active for 3 yearsBayau 15, 4831 LimbourgKBO/BCE: BE 0804.489.591 #10 company by total assets in Limbourg, Wholesale and retail trade sector

Lifetime

2 annual accounts with figures on one time axis
peak €177,080 (2024)
€72,228▼ 59.2%
peak €37,849 (2024)
€2,453▼ 93.5%
peak €56,970 (2025)
€56,970▲ 1.4%
€334,791▼ 22.4%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €177,080 to €72,228Result from €37,849 to €2,453Dividend €1,666Debts from €431,523 to €334,791Cash from €71,222 to €26,925

Key points

from the 2025 annual accounts

Equity

€56,970 ▲ 1.4%
56,1832024+2,453Profit-1,666Dividend56,9702025

CORMAN MATELAS paid out €1,666 in dividends. That is 68% of the 2025 profit.

Turnover

≈ €290,000 estimated

The micro format states no turnover.

Debts

€334,791 85% of the balance sheet
Financial debts 2%Suppliers 4%Taxes and wages 8%Other 86%

Of this, €298,338 falls due within a year.

2025 accounts filed 27 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,542 companies had the same profile as CORMAN MATELAS has now. Each dot stands for 7 companies, two years later.

95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.3% 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.

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 2,542 companies, not a prediction for CORMAN MATELAS. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • 500 sharesdeed of 04-08-2023
  • 500 sharesdeed of 04-08-2023
Board & ownership

Recent changes

Incorporation Founding capital of €20,000, 1,000 shares · Founders: and · Appointments: (director) and (director) · published on 04-08-2023 · Gazette deed
First establishment Rue de Herbesthal 299, Eupen
All 4 events

Comparable companies

same main activity, similar in size and age
Company
CORMAN MATELAS Limbourg €391,761 €72,228 14.5% -
RECOR BEDDING EUROPE Hasselt €512,603 €51,767 -91.6% 5.5
Decora by Turkmen Ghent €136,940 €31,905 15.9% -
Office09 Schoten €620,150 €142,781 52.7% 1.2
Funky Fashion Agency Wevelgem €252,974 €28,233 -29.4% -
DECORTE MATTRESSES Ostend €999,206 €399,370 9.0% 6.4
ROAD 88 Beringen €153,298 €15,411 88.1% 0.3

These companies have the same main activity as CORMAN MATELAS: wholesale of household textiles and bedding (NACE 46412). They are comparable in size and age: total assets between €137,000 and €999,000, founded between 2021 and 2023.

Official details

Source: KBO
Status
Active since 02-08-2023Normal situation
Activity
Wholesale of household textiles and beddingNACE 46412and 1 other
Establishment unit
2.347.868.4694700 Eupen, since 02-08-2023
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€391,761▼ 19.2%
Filing
Filed on 27-08-2026
Financials

Insights on CORMAN MATELAS

CORMAN MATELAS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,970 and a net result of €2,453.

Its solvency ranks better than 30% of 15,428 sector peers (NACE 46, financial year 2025).

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 MATELAS

What is the company number of CORMAN MATELAS?
The company number of CORMAN MATELAS is 0804.489.591. The VAT number is the same number with BE in front: BE 0804.489.591.
Where is CORMAN MATELAS based?
The registered office is at Bayau 15, 4831 Limbourg.Company details
What does CORMAN MATELAS do?
According to the KBO register, the main activity is wholesale of household textiles and bedding (NACE 46412).
What is the legal form of CORMAN MATELAS?
CORMAN MATELAS is a private limited company (BV).
When was CORMAN MATELAS founded?
CORMAN MATELAS was founded on 02-08-2023.
Is CORMAN MATELAS still active?
Yes, CORMAN MATELAS is an active enterprise in the KBO register.
What is the turnover of CORMAN MATELAS?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €72,228 and 32 comparable companies (NACE 464). It probably lies between €150,000 and €390,000.Financials
Is CORMAN MATELAS profitable?
In financial year 2025, CORMAN MATELAS made a profit of €2,453.
Where can I find the annual accounts of CORMAN MATELAS?
CORMAN MATELAS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CORMAN MATELAS due?
CORMAN MATELAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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