KORMAX
ActiveSummary
KORMAX has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,197 and a net result of -€5,522. Equity has been growing by about 16% per year since 2019. Its solvency ranks better than 57% of 1,028 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Official details
Source: KBO- Status
- Active since 04-04-2013 Normal situation
- Activity
- General construction of residential buildings NACE 41001
- Establishment unit
- 2.218.924.587 1370 Jodoigne, since 04-04-2013
- Financial year end
- 30 June
- Peppol
- Reachable since 17-09-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- -€990
- Loss
- €5,522
- Equity
- €25,197
- ▼ 18.0%
- Total assets
- €65,243
- ▼ 14.9%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Loss of €5,522 (financial year 2025)lowers riskLiquidity: current ratio 1.51, cash €21,014Founded in 2013Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 46% of them on solvency, 63% on liquidity, 12% on profitability and 20% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignation: PIOTR SADOWSKI (director)
- · Gazette deed Registered office moved from Jodoigne to Pietrain
- · Gazette deed Appointment: PIOTR SADOWSKI (director)
Comparable companies
These companies have the same main activity as KORMAX: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €60,800 and €73,900, founded between 2012 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| KORMAX Jodoigne | €65,243 | -€990 |
| LADCO Beauvechain | €73,920 | -€1,357 |
| GHEERAERT BART Kortrijk | €67,050 | -€346 |
| ImMons Mons | €67,213 | -€255 |
| CRAIOVA CONSTRUCT Brussel | €60,782 | -€284 |
| Bouwbedrijf SUMMIT Gent | €67,495 | -€4,759 |
| E6 PROJECTS La Louvière | €64,544 | -€13,773 |
Key facts about KORMAX
- What is the company number of KORMAX?
- The company number of KORMAX is 0525.731.090. The VAT number is the same number with BE in front: BE 0525.731.090.
- Where is KORMAX based?
- The registered office is at Rue de la Chap. St Jean(Piét.) 22, 1370 Jodoigne.Company details
- What does KORMAX do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of KORMAX?
- The legal form of KORMAX is Private limited company (BV).
- When was KORMAX founded?
- KORMAX was founded on 04-04-2013.
- Is KORMAX still active?
- Yes, KORMAX is an active enterprise in the KBO register.
- What is the turnover of KORMAX?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is KORMAX profitable?
- In financial year 2025, KORMAX made a loss of €5,522.
- Where can I find the annual accounts of KORMAX?
- KORMAX filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KORMAX due?
- KORMAX must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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