CORMANIMMO
ActiveSummary
CORMANIMMO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217k and a net result of €-19k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability27▼-36
Solvency72▼-12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 49.46 against 4.77 in 2024; short-term debt: 2% and cash: 49.8% of total assets), but 52.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
14 d early
2023
19 d early
2022
21 d early
2021
3 d early
2020
4 d early
2019
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€217k▼ 7.9%
2024 · €235k
Total assets
€460k▲ 15.4%
2024 · €399k
Net result
€-19k
2024 · €40k
Working capital
€450k▲ 43.1%
2024 · €315k
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
Line20212022202320242025
Operating result€-12k€138k€-15k€69k€-15k
Net result€-18k€96k€-20k€40k€-19k
Equity€119k▼ 13.3%€215k▲ 80.7%€195k▼ 9.3%€235k▲ 20.5%€217k▼ 7.9%
Total assets€531k▲ 29.3%€428k▼ 19.4%€577k▲ 34.8%€399k▼ 30.9%€460k▲ 15.4%
Debt€412k▲ 50.7%€213k▼ 48.3%€382k▲ 79.3%€164k▼ 57.2%€243k▲ 48.9%
Working capital€516k▲ 30.9%€295k▼ 42.9%€561k▲ 90.5%€315k▼ 43.9%€450k▲ 43.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €69k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €460k
Fixed assets
€500 =
Current assets
€460k ▲ 15.4%
Equity and liabilities €460k
Equity
€217k ▼ 7.9%
Debt
€243k ▲ 48.9%
Debt's share of the balance-sheet total rises from 41.0% to 52.9%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
49.46▲
2024 · 4.77
Quick ratio
25.73▲
2024 · 4.32
Debt to equity
1.12▲
2024 · 0.70
ROE
-8.5%▼
2024 · 17.0%
ROA
-4.0%▼
2024 · 10.0%
Debt ≤ 1 year
€9k▼
2024 · €84k
Debt > 1 year
€234k▲
2024 · €80k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €109 | €507 | ▲ 366% |
| Gross operating margin9900 | €-12k | €138k | €-15k | €69k | €-15k | ▼ 122% |
| Operating profit (loss)9901 | €-12k | €138k | €-15k | €69k | €-15k | ▼ 122% |
| Financial charges65/66B | €6k | €9k | €5k | €22k | €3k | ▼ 85.6% |
| Recurring financial charges65 | €6k | €9k | €5k | €22k | €3k | ▼ 85.6% |
| Profit (loss) for the period before taxes9903 | €-18k | €129k | €-20k | €46k | €-19k | ▼ 140% |
| Income taxes67/77 | €427 | €33k | €335 | €6k | - | - |
| Profit (loss) for the period9904 | €-18k | €96k | €-20k | €40k | €-19k | ▼ 146% |
| Profit (loss) for the period to be appropriated9905 | €-18k | €96k | €-20k | €40k | €-19k | ▼ 146% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €531k | €428k | €577k | €399k | €460k | ▲ 15.4% |
| Fixed assets21/28 | €500 | €500 | €500 | €500 | €500 | = |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €531k | €428k | €577k | €398k | €460k | ▲ 15.4% |
| Stocks and contracts in progress3 | €383k | €168k | €518k | €37k | €221k | ▲ 498% |
| Stocks30/36 | €383k | €168k | €518k | €37k | €221k | ▲ 498% |
| Amounts receivable within one year40/41 | €1k | €9k | €3k | €7k | €10k | ▲ 43.9% |
| Trade receivables40 | - | - | - | €2k | €5k | ▲ 119% |
| Other amounts receivable41 | €1k | €9k | €3k | €5k | €5k | ▲ 10.1% |
| Cash at bank and in hand54/58 | €146k | €251k | €55k | €355k | €229k | ▼ 35.3% |
| Deferred charges and accrued income490/1 | - | - | €991 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €531k | €428k | €577k | €399k | €460k | ▲ 15.4% |
| Equity10/15 | €119k | €215k | €195k | €235k | €217k | ▼ 7.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €62k | €112k | €112k | €112k | €112k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €60k | €110k | €112k | €112k | €112k | = |
| Profit (loss) carried forward14 | €39k | €85k | €65k | €105k | €86k | ▼ 17.7% |
| Amounts payable17/49 | €412k | €213k | €382k | €164k | €243k | ▲ 48.9% |
| Amounts payable after more than one year17 | €398k | €80k | €367k | €80k | €234k | ▲ 193% |
| Financial debts170/4 | €398k | €80k | €367k | €80k | €234k | ▲ 193% |
| Amounts payable within one year42/48 | €15k | €133k | €16k | €84k | €9k | ▼ 88.9% |
| Trade debts44 | - | €439 | €4k | €209 | €999 | ▲ 377% |
| Suppliers440/4 | - | €439 | €4k | €209 | €999 | ▲ 377% |
| Taxes, remuneration and social security45 | €7k | €125k | €3k | €75k | - | - |
| Taxes450/3 | €7k | €125k | €3k | €75k | - | - |
| Other amounts payable47/48 | €8k | €8k | €8k | €8k | €8k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-18k | €96k | €-20k | €40k | €-19k | ▼ 146% |
| Operating cash flow (approximation) | €-18k | €96k | €-20k | €40k | €-19k | ▼ 146% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €105k | €-196k | €300k | €-125k | ▼ 142% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 10current ratio 49.46
Current ratio from 4.77 to 49.46; short-term debt falls from €84k to €9k.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
31-12
Financial
Equity above €200kEq €235k ▲20.5%
Equity rises from €195k to €235k.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 12current ratio 37.02
Current ratio from 3.21 to 37.02; short-term debt falls from €133k to €16k.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €96k
Net result €96k after one loss-making year.
31-12
Financial
Equity above €200kEq €215k ▲80.7%
Equity rises from €119k to €215k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Show earlier events
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity quadruplescurrent ratio 25.56
Current ratio from 6.01 to 25.56; short-term debt falls from €106k to €16k.
31-12
Financial
Equity above €100kEq €137k ▲113%
2 profitable years in a row build equity to €137k.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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
Registered office, Welkenraedt · 1 establishment unit since 2012
Ground area
2,724 m²
Building footprint
352 m²
Volume, LiDAR
2,283 m³
Parcel 63032F0190/00D000, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
CORMANIMMO
since 20122.212.206.942
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63032F0190/00D000 | Wallonia | 2,724 m² | 1 · 352 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,326 companies in sector 68110 we hold annual accounts for 5,385. 3,863 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-08-2012
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.