Checked.be
Active
BE 0713.786.277Private limited companyOpen bankruptcy
Kormac
Emiel Hertecantlaan(B) 22 ·9290 Berlare, Belgium· 7 yrs active
Sector: Head offices & management consulting
(70200)
Conclusion
A bankruptcy procedure is open for Kormac according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €136k and a net result of €-395.
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €136k |
| Net result | €-395 |
| Better than sector | 16% |
| Active | 7 yrs |
Snowflake analysis
13
/ 100
Fragile profile — watch health in particular.
Health
0
Profitability
0
Solvency
11
Growth
52
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 02-06-2025 with the NBB · fiscal year 2024 · micro
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% | |
| Net result | €-395 | €30k | |
| Equity | €136k | €64k | |
| Gross operating margin | €18k | €49k | |
| Total assets | €827k | €121k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€17k
-47.7%
19–24
€-395
—
19–24
€82k
+660.4%
19–24
€827k
-6.6%
19–24
€136k
+1.7%
19–24
€-681k
-34.1%
19–24
€92
-97.2%
19–24
€692k
-8.1%
19–24
€691k
+19.8%
19–24
€0
-100.0%
19–24
0.01
-87.8%
19–24
0.01
-87.8%
19–24
16.4%
+8.9%
19–24
5.09
-9.7%
19–24
-0.3%
—
19–24
0.0%
—
19–24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| 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 ratio | 0.01 |
| Quick ratio | 0.01 |
| Working capital ratio | -82.4% |
| Solvency | 16.4% |
| Debt / equity | 5.09 |
| Long-term debt ratio | 0.00 |
| Interest coverage | — |
| Gross margin | — |
| Net margin | — |
| ROA | 0.0% |
| 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 | Code | 2024 |
|---|---|---|
| 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 |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | FREDERIC LELEUX DRUKKERIJSTRAAT 11, 9240 ZELE- |
11-05-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 22-11-2018 |
| Status | Active |
| Postal code | 9290 |
| First BS signal | 18-05-2026 |
| Latest BS signal | 18-05-2026 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
Kormac
since 20182.282.468.693
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003D0399/00M010 | Flanders | 3,109 m² | 1 · 1,503 m² | 9.0 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
18-05-2026
Bankruptcy
Opening
2025
02-06-2025
NBB filing
Annual accounts filed
2024
01-06-2024
NBB filing
Annual accounts filed
2023
30-05-2023
NBB filing
Annual accounts filed
2022
30-05-2022
NBB filing
Annual accounts filed
2021
01-06-2021
NBB filing
Annual accounts filed
2020
03-06-2020
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
18-05-2026
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameNL | Kormac |
Registered office
Emiel Hertecantlaan(B) 22
9290 Berlare, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies
DE GRATIEBOSSCHEN
BE 0400.148.853 · Berlare
"SEARCH & SELECTION", ADVIESBUREAU VOOR WERVING EN SELECTIE, "SEARCH & SELECTION - BUREAU- CONSEIL EN RECRUTEMENT ET SELECTION
BE 0417.568.766 · Ronse
4MACS
BE 0421.830.036 · Eeklo
A.B.M. INTERNATIONAL
BE 0421.316.629 · Sint-Niklaas
A.C.F.
BE 0424.936.016 · Deinze