CORMANS (1006.423.993): financials and annual accounts

CORMANS

Antwerp ·KBO/BCE: BE 1006.423.993

Line	2025	2024
Balance sheet: assets
Total assets`20/58`	45,483	34,087
Fixed assets`21/28`	12,345	18,363
Intangible fixed assets`21`	-	310
Tangible fixed assets`22/27`	12,345	18,053
Plant, machinery and equipment`23`	3,443	2,818
Furniture and vehicles`24`	8,901	15,235
Current assets`29/58`	33,138	15,724
Amounts receivable within one year`40/41`	15,670	13,648
Trade receivables`40`	9,778	8,653
Other amounts receivable`41`	5,891	4,995
Cash at bank and in hand`54/58`	17,469	2,076
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	45,483	34,087
Equity`10/15`	12,363	6,633
Contributions`10/11`	3,000	3,000
Profit (loss) carried forward`14`	9,363	3,633
Amounts payable`17/49`	33,120	27,454
Amounts payable within one year`42/48`	33,120	27,454
Trade debts`44`	16,597	15,478
Suppliers`440/4`	16,597	15,478
Taxes, remuneration and social security`45`	6,569	1,032
Taxes`450/3`	6,569	1,032
Other amounts payable`47/48`	9,954	10,944
Income statement
Turnover`70`	132,476	90,539
Gross operating margin`9900`	17,090	11,815
Goods, raw materials, services and sundry goods`60/61`	115,386	78,724
Remuneration, social security and pensions`62`	759	487
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	7,865	6,249
Other operating charges`640/8`	1,108	414
Operating profit (loss)`9901`	7,358	4,665
Financial charges`65/66B`	138	-
Recurring financial charges`65`	138	-
Profit (loss) for the period before taxes`9903`	7,220	4,665
Income taxes`67/77`	1,490	1,032
Profit (loss) for the period`9904`	5,730	3,633
Profit (loss) for the period to be appropriated`9905`	5,730	3,633
Appropriation of the result
Profit (loss) to be appropriated`9906`	9,363	3,633
Profit (loss) brought forward from the previous period`14P`	3,633	-
Document	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	22-06-2026	2026-00183285	PDF
31-12-2024	micro format	12-06-2025	2025-00138740	PDF

Line	2025	2024
EBITDA	15,223	10,914
Cash flow	13,595	9,882
Investment in fixed assets	1,847	24,612
Change in cash	15,392	-
Working capital	18	-11,730
EBIT margin	5.6%	5.2%
Solvency	27.2%	19.5%
Current ratio	1.00	0.57
Debt to equity	2.68	4.14
ROE	46.3%	54.8%
ROA	12.6%	10.7%
Interest coverage	over 100	-
Customer credit	27 days	35 days
Supplier credit	53 days	72 days

Item	2025	2024
Tangible fixed assets	€1,847	€22,660
Intangible fixed assets	-	€1,952
Depreciation and write-downs of the year	€7,865	€6,249

CORMANS

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency27.2%

Current ratio1.00

Return on assets12.6%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on CORMANS

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