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Kormac

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Emiel Hertecantlaan(B) 22 ·9290 Berlare, Belgium
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BE 0713.786.277
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Turnover
EBIT margin
Net result€-395
Working capital€-681k-34.1%
Directors1
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Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 02-06-2025 with the NBB · fiscal year 2024 · micro
€-25k€0€25k€50k€75kOperating result 2019: €31k€31kNet result 2019: €10k€10kOperating result 2020: €17k€17kNet result 2020: €82k€82kOperating result 2021: €16k€16kNet result 2021: €2k€2kOperating result 2022: €27k€27kNet result 2022: €9k€9kOperating result 2024: €17k€17kNet result 2024: €-395€-39520192020202120222024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 70 — Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 16.4% 63.2%
better than 16% of 2389 sector peers
Net result €-395 €30k
better than 15% of 2390 sector peers
Equity €136k €64k
better than 77% of 2390 sector peers
Gross operating margin €18k €49k
better than 23% of 2386 sector peers
Total assets €827k €121k
better than 95% of 2389 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€17k
-47.7% 19–24
Net profit
€-395
19–24
Cash flow
€82k
+660.4% 19–24
Total assets
€827k
-6.6% 19–24
Equity
€136k
+1.7% 19–24
Working capital
€-681k
-34.1% 19–24
Income taxes
€92
-97.2% 19–24
Debt
€692k
-8.1% 19–24
Debt ≤ 1y
€691k
+19.8% 19–24
Debt > 1y
€0
-100.0% 19–24
Current ratio
0.01
-87.8% 19–24
Quick ratio
0.01
-87.8% 19–24
Solvency
16.4%
+8.9% 19–24
Debt / equity
5.09
-9.7% 19–24
ROE
-0.3%
19–24
ROA
0.0%
19–24
Figures by fiscal year
Fiscal year2024
Revenue
EBITDA
Net profit€-395
Cash flow
Staff costs
Income taxes€92
Dividends
Total assets€827k
Equity€136k
Debt€692k
of which ≤ 1y€691k
of which > 1y€0
Working capital€-681k
Employees (FTE)
Ratios (computed)
2024
Current ratio0.01
Quick ratio0.01
Working capital ratio-82.4%
Solvency16.4%
Debt / equity5.09
Long-term debt ratio0.00
Interest coverage
Gross margin
Net margin
ROA0.0%
ROE-0.3%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€827k
Fixed assets 21/28€817k
Financial fixed assets 28€817k
Current assets 29/58€10k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€4k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€827k
Equity 10/15€136k
Contributions / capital 10/11€40k
Accumulated profits (losses) 14€96k
Amounts payable 17/49€692k
Amounts payable after one year 17€0
Amounts payable within one year 42/48€691k
Trade debts payable within one year 44€0
Income statement
Gross operating margin 9900€18k
Operating result 9901€17k
Financial income 75€0
Financial charges 65€17k
Result before taxes 9903€-303
Income taxes 67/77€92
Net result for the period 9904€-395
Result to be appropriated 9905€-395
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Ratios computed by Checked.

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FY 2024 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.