Cormo
ActiveSummary
Cormo has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2,522 and a net result of €772. Its solvency ranks better than 20% of 37951 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes
Profitability76
Solvency44
Growth-
Track record67
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
19.4%
Return on assets
5.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 37951 sector peers (2024).
NBB · sector comparisonPosition among 37951 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€2,522
Total assets
€13,017
Net result
€772
Working capital
-€1,160
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €13,017
Fixed assets
€5,607
Current assets
€7,410
Equity and liabilities €13,017
Equity
€2,522
Debt
€10,495
Debt finances 80.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€2,636
Cash flow
€2,044
Current ratio
0.86
Debt to equity
4.16
ROE
30.6%
ROA
5.9%
Interest coverage
10.75
Debt ≤ 1 year
€8,570
Income taxes
€346
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,273 |
| Other operating charges640/8 | €772 |
| Gross operating margin9900 | €3,407 |
| Operating profit (loss)9901 | €1,363 |
| Financial income75/76B | €0 |
| Recurring financial income75 | €0 |
| Financial charges65/66B | €245 |
| Recurring financial charges65 | €245 |
| Profit (loss) for the period before taxes9903 | €1,118 |
| Income taxes67/77 | €346 |
| Profit (loss) for the period9904 | €772 |
| Profit (loss) for the period to be appropriated9905 | €772 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €13,017 | |
| Fixed assets21/28 | €5,607 | |
| Tangible fixed assets22/27 | €5,607 | |
| Furniture and vehicles24 | €5,607 | |
| Current assets29/58 | €7,410 | |
| Amounts receivable within one year40/41 | €4,449 | |
| Trade receivables40 | €4,449 | |
| Cash at bank and in hand54/58 | €2,961 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €13,017 | |
| Equity10/15 | €2,522 | |
| Contributions10/11 | €1,750 | |
| Profit (loss) carried forward14 | €772 | |
| Amounts payable17/49 | €10,495 | |
| Amounts payable within one year42/48 | €8,570 | |
| Trade debts44 | €2,072 | |
| Suppliers440/4 | €2,072 | |
| Taxes, remuneration and social security45 | €3,963 | |
| Taxes450/3 | €3,963 | |
| Other amounts payable47/48 | €2,535 | |
| Accrued charges and deferred income492/3 | €1,925 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €772 |
| + Depreciation and write-downs630 | €1,273 |
| Operating cash flow (approximation) | €2,044 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 1 establishment unit since 2023
Ground area
469 m²
Building footprint
109 m²
Volume, LiDAR
647 m³
Parcel 21616A0241/00F000, Brussels · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cormo
since 20232.354.346.287
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0241/00F000 | Brussels | 469 m² | 1 · 109 m² | 11.9 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteUkkel2.354.346.287
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 10,056 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
Founded09-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47551Retail sale of household furniture
66300Activities auxiliary to financial services and insurance activities
82990Other business support services
93299Other amusement and recreation activities
95290Repair and maintenance of other personal and household goods
Scores and ratios are computed by Checked and are not a credit decision.