CORMI BUILD
ActiveThe computed 12-month bankruptcy probability of CORMI BUILD is 1.6% (moderate). The 2025 annual accounts show equity of €444k and a net result of €32k. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 7330 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
82
/ 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▼-32
Solvency72▲+17
Growth47▼-37
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.06 in 2024), and 60.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.3%
Return on assets
2.8%
Age of the figures
14 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 17-07-2026, 139 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
139 d late
2024
on the day
2023
on the day
2022
4 d early
2021
on the day
2020
1 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close16-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€864k▼ 48.3%
2024 · €1.67M
2020: €832k
2021: €644k
2022: €1.22M
2023: €1.83M
2024: €1.67M
2020 → 2025
EBIT margin
7.4%▼ 6.2pp
2024 · 13.6%
2020: 18.4%
2021: 6.3%
2022: 4.4%
2023: 6.2%
2024: 13.6%
2020 → 2025
Net result
€32k▼ 79.3%
2024 · €155k
2020: €115k
2021: €22k
2022: €33k
2023: €80k
2024: €155k
2020 → 2025
Working capital
€82k▲ 465%
2024 · €15k
2020: €93k
2021: €33k
2022: €55k
2023: €-33k
2024: €15k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€644k-€1.22M▲ 89.0%€1.83M▲ 50.2%€1.67M▼ 8.6%€864k▼ 48.3%
Equity€144k-€178k▲ 23.2%€257k▲ 44.9%€412k▲ 60.1%€444k▲ 7.8%
Operating result€41k-€53k▲ 31.9%€114k▲ 113%€228k▲ 99.7%€64k▼ 71.8%
Net result€22k-€33k▲ 49.2%€80k▲ 138%€155k▲ 94.1%€32k▼ 79.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets
€883k▼ 9.4%
Current assets
€247k▲ 2.3%
Equity and liabilities €1.13M
Equity
€444k▲ 7.8%
Debt
€687k▼ 14.6%
The debt ratio falls from 66.1% to 60.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€159k▼
2024 · €319k
Cash flow
€126k▼
2024 · €246k
Solvency
39.3%▲
2024 · 33.9%
Current ratio
1.50▲
2024 · 1.06
Quick ratio
1.50▲
2024 · 1.06
Debt / equity
1.55▼
2024 · 1.95
ROE
7.2%▼
2024 · 37.5%
ROA
2.8%▼
2024 · 12.7%
Interest coverage
8.78▼
2024 · 15.07
Debt
€687k▼
2024 · €804k
Debt ≤ 1 year
€165k▼
2024 · €227k
Debt > 1 year
€522k▼
2024 · €577k
Income taxes
€15k▼
2024 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.22M€1.13M▼
Fixed assets21/28€975k€883k▼
Tangible fixed assets22/27€975k€883k▼
Land and buildings22€681k€662k▼
Plant, machinery and equipment23€32k€27k▼
Furniture and vehicles24€55k€34k▼
Leasing and similar rights25€175k€133k▼
Other tangible fixed assets26€31k€28k▼
Current assets29/58€242k€247k▲
Amounts receivable within one year40/41€93k€220k▲
Trade receivables40€63k€88k▲
Other amounts receivable41€31k€132k▲
Cash at bank and in hand54/58€148k€27k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.13M▼
Equity10/15€412k€444k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€406k€438k▲
Amounts payable17/49€804k€687k▼
Amounts payable after more than one year17€577k€522k▼
Financial debts170/4€577k€522k▼
Amounts payable within one year42/48€227k€165k▼
Current portion of amounts payable after more than one year42€69k€60k▼
Trade debts44€100k€86k▼
Suppliers440/4€88k€17k▼
Bills of exchange payable441€12k€68k▲
Taxes, remuneration and social security45€54k€15k▼
Taxes450/3€51k€15k▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€4k€4k▼
Income statement
Code20242025
Turnover70€1.67M€864k▼
Goods, raw materials, services and sundry goods60/61€1.35M€701k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€91k€94k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€322k€163k▼
Operating profit (loss)9901€228k€64k▼
Financial income75/76B€73€851▲
Recurring financial income75€73€851▲
Financial charges65/66B€21k€18k▼
Recurring financial charges65€21k€18k▼
Profit (loss) for the period before taxes9903€207k€47k▼
Income taxes67/77€52k€15k▼
Profit (loss) for the period9904€155k€32k▼
Profit (loss) for the period to be appropriated9905€155k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€406k€438k▲
Profit (loss) brought forward from the previous period14P€251k€406k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 139 days late
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
Financial
Highest result since 2020net €155k ▲94.1%
Operating result €228k, net result €155k, both a record.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
Financial
Equity above €200kEq €257k ▲44.9%
4 profitable years in a row build equity to €257k.
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-07
Financial
Equity above €150kEq €178k ▲23.2%
3 profitable years in a row build equity to €178k.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-07
Financial
Weakest financial yearnet €22k ▼80.6%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Dilbeek · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Isidoor Van Beverenstraat 801702 DilbeekGround area
736 m²
Building footprint
318 m²
Volume, LiDAR
1,558 m³
2 parcels, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cormi Build
since 20192.283.210.744
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095B0040/02T003 | Flanders | 641 m² | 1 · 136 m² | 6.8 m · 1 fl. |
| 23026A0008/00G000 | Flanders | 94 m² | 1 · 183 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BOUWWERKEN FRANSSENS-MARCOEN
BE 0453.457.974
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OAK WOOD PROJECTS
BE 0840.117.394
Waregem · Eq €444k
Van Eenooghe
BE 0885.605.545
Aalter · Eq €444k
Bouwwerken Versnel
BE 0407.189.370
Wijnegem · Eq €444k
CD BOUW
BE 0860.571.825
Evergem · Eq €444k
Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 9,591 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2018
Fiscal year end31-07
Activities, NACEBEL
41001General construction of residential buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.