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RAMENCONSTRUCTIE CORSWAREM

Active
Public limited companyfounded 1988active for 38 yearsVrijheidweg 1, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0434.283.945
Summary

RAMENCONSTRUCTIE CORSWAREM has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €691,108. Equity is shrinking by about 3.2% per year across the filed financial years. Its solvency ranks better than 77% of 1,237 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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RAMENCONSTRUCTIE CORSWAREMActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25120
9th oldest company in Tongeren-Borgloon, Manufacturing sector2 sites
Size
€3.2mtotal assets 2025
Staff
18.4 FTE
Equity
€2.2m
Profit
€691,108
Turnover not published (abbreviated format)
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
GROEP ADC · 90%
  • GROEP ADCDirector · permanent representative JDC GROEP
  • JDC GROEPDirector · permanent representative CORSWAREM Dirk
2025 accounts 45 days early2 of 13 deeds summarised
Why 98lowers riskLiquidity: current ratio 3.91, cash €463,595Founded in 1988Equity €2.2m (70.3% of total assets)Profit of €691,108 (financial year 2025)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 88% of its sector peers (NACE 25, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 95+15
equity 70.3% of total assets
Liquidity 65+18
short-term debt 15.6% · cash 14.5%
Profitability 96-4
return on assets 21.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (749 companies, NACE 25, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: < 0.1%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.91, compared with 2.1 in 2024, above the usual 1.5; short-term debt: 15.6% and cash: 14.5% of total assets), and 29.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 25, small): better than 82% on solvency, 79% on liquidity, 96% on profitability and 94% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.91, cash €463,595
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €2.2m (70.3% of total assets)
NBB · annual accounts
lowers risk · Profit of €691,108 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
20 days early
2023
20 days early
2022
40 days early
2021
25 days early
2020
33 days early
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet €691,108 ▼64%
  3. Equity above €2mequity €2.2m ▲44.4%

Key points

  • Caution: Result fell in 2025from €1.9m to €691,108 ▼ 64.0% View
  • Positive: Among the best 5% on net resultsector median €44,272 · 1,237 companies €691,108 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €691,108 8 years View
  • Controlled by GROEP ADC 90% View

By topic

Financials

Financial year
2025
Total assets
€3.2m
Profit
€691,108
Solvency
70.3%
Total assets▲ 12.8%
Net result
20182025
Go to Financials

Timeline

Events
44
Since
1989
Next accounts
by 31-07-2027
  1. 11-07-2025Annual accounts filed
  2. 03-02-2025Resignation: CORSWAREM An (bestuurder en persoon gelast…
  3. 11-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25120
Founded
13-05-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
11
Annual meeting
First Monday of June at 17:00
Purpose
“Onderneming voor fabricage en het plaatsen van ijzerwerk, metalen luiken en metalen…” (deed in Dutch)
Go to Articles of association

Key facts about RAMENCONSTRUCTIE CORSWAREM

What is the company number of RAMENCONSTRUCTIE CORSWAREM?
0434.283.945. In Belgium the VAT number is the company number with BE in front: BE 0434.283.945.
Where is RAMENCONSTRUCTIE CORSWAREM based?
The registered office is at Vrijheidweg 1, 3700 Tongeren-Borgloon.Company details
What does RAMENCONSTRUCTIE CORSWAREM do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25120).
What is the legal form of RAMENCONSTRUCTIE CORSWAREM?
Public limited company (NV).
When was RAMENCONSTRUCTIE CORSWAREM founded?
On 13-05-1988.
Is RAMENCONSTRUCTIE CORSWAREM still active?
Yes, RAMENCONSTRUCTIE CORSWAREM is an active enterprise in the KBO register.
How many employees does RAMENCONSTRUCTIE CORSWAREM have?
On average 18.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RAMENCONSTRUCTIE CORSWAREM?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is RAMENCONSTRUCTIE CORSWAREM profitable?
In financial year 2025, RAMENCONSTRUCTIE CORSWAREM made a profit of €691,108.
Where can I find the annual accounts of RAMENCONSTRUCTIE CORSWAREM?
RAMENCONSTRUCTIE CORSWAREM filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RAMENCONSTRUCTIE CORSWAREM due?
By 31-07-2027, for financial year 2026.Timeline

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