NORMAL SITUATION

CORMAFISK

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Financial year 2021 · closed on 31/12/2021

Net result

1,5 k €

-98.9% YoY

Gross margin

763,4 k €

-51.3% YoY

Equity

325,7 k €

+0.5% YoY

Company — Normal situation.

What does CORMAFISK do?

CORMAFISK is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.354.433

Legal form

Public limited company

Contributed capital

62 000,00 €

Latest accounts

31/12/2021

Signals

ProfitableSolid equityGood liquidity

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	763,4 k €	-51.3%	1,6 M €	+10.4%	1,4 M €	+13.7%	1,2 M €	+2.6%	1,2 M €	-8.2%	1,3 M €	-5.1%	1,4 M €	+29.3%	1,1 M €	+3.1%	1 M €	+9.7%	954,9 k €	+4.5%	913,8 k €	-1.2%	924,7 k €	+2.1%	906 k €	+0.7%	900 k €	+5.2%	855,9 k €	+7.4%	796,5 k €
EBITDA	-1,9 k €	-101%	193,2 k €	+144%	79,1 k €	+16.8%	67,7 k €	+29.0%	52,5 k €	-64.4%	147,3 k €	-53.7%	318,1 k €	+1374%	21,6 k €	-64.4%	60,6 k €	+26.2%	48 k €	-15.4%	56,7 k €	-27.9%	78,7 k €	+10.4%	71,3 k €	-36.8%	112,8 k €	-27.4%	155,3 k €	+52.1%	102,1 k €
Operating result	10,5 k €	-93.8%	169,7 k €	+277%	45 k €	+4.1%	43,2 k €	+34.6%	32,1 k €	-76.6%	137,2 k €	-55.4%	307,9 k €	+199%	-310,5 k €	-1782%	18,5 k €	+626%	2,5 k €	-81.5%	13,7 k €	-60.7%	34,9 k €	-2.8%	35,9 k €	-33.1%	53,7 k €	-45.3%	98,3 k €	+119%	45 k €
Net result	1,5 k €	-98.9%	137,1 k €	+1389%	9,2 k €	+187%	3,2 k €	+415%	623 €	-99.5%	116,8 k €	-60.8%	298,4 k €	+201%	-296,9 k €	-8938%	3,4 k €	+170%	-4,8 k €	-1291%	-345 €	-101%	37,2 k €	+3.1%	36,1 k €	+40.1%	25,8 k €	-62.0%	67,8 k €	+537%	10,7 k €
Balance sheet
Equity	325,7 k €	+0.5%	324,1 k €	+4.2%	311 k €	+3.1%	301,8 k €	+1.1%	298,6 k €	+0.2%	298 k €	+6.0%	281,2 k €	+310%	68,7 k €	-81.6%	373,5 k €	+0.6%	371,3 k €	-1.6%	377,3 k €	-0.4%	378,9 k €	+11.0%	341,2 k €	+11.4%	306,3 k €	+8.7%	281,7 k €	+31.0%	215,1 k €
Total assets	1 M €	+13.1%	903,9 k €	-0.4%	907,9 k €	+6.1%	855,9 k €	+2.6%	834,2 k €	+7.4%	776,6 k €	-2.2%	793,7 k €	+72.7%	459,7 k €	-45.4%	842,5 k €	+0.1%	841,3 k €	+1.7%	827,5 k €	-10.4%	923 k €	-0.7%	929,6 k €	-1.9%	947,9 k €	-6.1%	1 M €	-1.6%	1 M €
Cash	380,2 k €	+41.0%	269,7 k €	-1.8%	274,8 k €	-13.0%	315,9 k €	+15.5%	273,5 k €	+22.4%	223,4 k €	-31.9%	328,3 k €	+568%	49,2 k €	-28.6%	68,8 k €	+5.1%	65,5 k €	-1.7%	66,6 k €	-58.9%	162,2 k €	+13.1%	143,4 k €	-20.8%	181,2 k €	+1.8%	177,9 k €	+123%	79,8 k €
Debts	676,3 k €	+21.5%	556,4 k €	-3.0%	573,5 k €	+8.1%	530,8 k €	+3.6%	512,3 k €	+12.5%	455,3 k €	-7.6%	492,9 k €	+31.2%	375,7 k €	-17.8%	457 k €	-1.1%	462 k €	+3.6%	446,2 k €	-14.2%	520,1 k €	-8.6%	568,8 k €	-9.1%	625,9 k €	-12.6%	716 k €	-10.8%	802,5 k €
Other
Workforce	–		–		–		22,6 ETP	+10.8%	20,4 ETP	-2.9%	21,0 ETP	+7.1%	19,6 ETP	+1.0%	19,4 ETP	+6.6%	18,2 ETP	+7.1%	17,0 ETP	+1.8%	16,7 ETP	-2.3%	17,1 ETP	-1.7%	17,4 ETP	+7.4%	16,2 ETP	+3.2%	15,7 ETP	+2.6%	15,3 ETP

Governance

Board of directors

Seen on filing of 31/12/2021 · 4 active · 24 ended

Active mandates

DANY LANNOO

Managing director · since 16 janvier 2015 · until 23 mai 2021

Active

KENNY DEMEESTER

Managing director · since 15 janvier 2015 · until 23 mai 2021

Active

SEQUENTIA

Managing director · since 15 janvier 2015 · until 23 mai 2021 · 0506.656.338

Represented by Geert Hedebouw

Active

THOMAS VAN OVERBEKE

Managing director · since 15 janvier 2015 · until 23 mai 2021

Active

Ended mandates

Kenny DEMEESTER

Managing director · since 16 janvier 2015 · until 23 mai 2021

Ended

SEQUENTIA

Managing director · since 16 janvier 2015 · until 23 mai 2021 · 0506.656.338

Represented by Geert HEDEBOUW

Ended

Thomas VAN OVERBEKE

Managing director · since 16 janvier 2015 · until 23 mai 2021

Ended

DANY LANNOO

Managing director · since 15 janvier 2015 · until 23 mai 2021

Ended

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2022	24/06/2021	17/09/2020	26/07/2019	28/06/2018	23/06/2017
General meeting	27/05/2022	28/05/2021	04/09/2020	24/05/2019	25/05/2018	26/05/2017
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

27 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2021	27/05/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	24/06/2021	Dutch	PDF
Abridged model	31/12/2019	04/09/2020	17/09/2020	Dutch	PDF
Abridged model	31/12/2018	24/05/2019	26/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	22/05/2015	19/08/2015	Dutch	PDF
Abridged model	31/12/2013	23/05/2014	18/08/2014	Dutch	PDF
Abridged model	31/12/2012	24/05/2013	20/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	21/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	14/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	22/05/2009	23/06/2009	Dutch	PDF
Abridged model	31/12/2007	23/05/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	30/05/2007	Dutch	PDF
Abridged model	31/12/2005	26/05/2006	19/06/2006	Dutch	PDF
Abridged model	31/12/2004	27/05/2005	06/06/2005	Dutch	PDF
Abridged model	31/12/2003	28/05/2004	21/06/2004	Dutch	PDF
Abridged model	31/12/2002	23/05/2003	26/06/2003	Dutch	PDF
Abridged model	31/12/2001	24/05/2002	03/07/2002	Dutch	PDF
Abridged model	31/12/2000	25/05/2001	29/06/2001	Dutch	PDF
Abridged model	31/12/1999	26/05/2000	16/06/2000	Dutch	PDF
Abridged model	31/12/1998	28/05/1999	14/06/1999	Dutch	PDF

View all 27 filings

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2021 · 4 active · 24 ended

Active mandates

DANY LANNOO

Managing director · since 16 janvier 2015 · until 23 mai 2021

Active

KENNY DEMEESTER

Managing director · since 15 janvier 2015 · until 23 mai 2021

Active

SEQUENTIA

Managing director · since 15 janvier 2015 · until 23 mai 2021 · 0506.656.338

Represented by Geert Hedebouw

Active

THOMAS VAN OVERBEKE

Managing director · since 15 janvier 2015 · until 23 mai 2021

Active

Ended mandates

Kenny DEMEESTER

Managing director · since 16 janvier 2015 · until 23 mai 2021

Ended

SEQUENTIA

Managing director · since 16 janvier 2015 · until 23 mai 2021 · 0506.656.338

Represented by Geert HEDEBOUW

Ended

Thomas VAN OVERBEKE

Managing director · since 16 janvier 2015 · until 23 mai 2021

Ended

DANY LANNOO

Managing director · since 15 janvier 2015 · until 23 mai 2021

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2021
Annual accounts 20211,5 k €↓
2020
Annual accounts 2020137,1 k €↑
2019
Annual accounts 20199,2 k €↑
2018
Annual accounts 20183,2 k €↑
2017
Annual accounts 2017623 €↓
2016
Annual accounts 2016116,8 k €↓
2015
Annual accounts 2015298,4 k €↑
2014
Annual accounts 2014-296,9 k €↓
2013
Annual accounts 20133,4 k €↑
2012
Annual accounts 2012-4,8 k €↓
2011
Annual accounts 2011-345 €↓
2010
Annual accounts 201037,2 k €↑
2009
Annual accounts 200936,1 k €↑
2008
Annual accounts 200825,8 k €↓
2007
Annual accounts 200767,8 k €↑
2006
Annual accounts 200610,7 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CORMAFISK

Overview

What does CORMAFISK do?

Trend over 16 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline