ACTIVE

CORMA

Export PDF
Financial year 2024 · closed on 31/12/2024
Net result
29 k €
+67.0% YoY
Gross margin
39,5 k €
+65.8% YoY
Equity
124,4 k €
+30.5% YoY

What does CORMA do?

CORMA is a Private limited company incorporated in 2015. Its main activity is: Manufacture of other pumps and compressors. Its registered office is in Wommelgem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0643.717.140
Incorporation
30/11/2015
Legal form
Private limited company
Registered office
Nijverheidsstraat 70
2160 Wommelgem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Activities (NACE)
28130Manufacture of other pumps and compressors· main28130Manufacture of other pumps and compressors28120Manufacture of fluid power equipment28120Manufacture of fluid power equipment46645Wholesale of machinery for the textile industry and of sewing and knitting machines46695Wholesale of other machinery and equipment
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202420232022202120202019201820172016
Income statement
Gross margin39,5 k €23,8 k €31,5 k €12,5 k €-5,9 k €11,1 k €7,4 k €2,2 k €30,8 k €
EBITDA38,6 k €23,3 k €31 k €12 k €-6,4 k €10,6 k €6,9 k €1,7 k €29,6 k €
Operating result38,6 k €23,3 k €31 k €12 k €-6,4 k €10,6 k €6,9 k €1,7 k €29,6 k €
Net result29 k €17,4 k €23 k €10,5 k €-6,4 k €7,1 k €4,5 k €1 k €19,6 k €
Balance sheet
Equity124,4 k €95,3 k €78 k €55 k €44,4 k €50,8 k €43,8 k €39,3 k €38,2 k €
Total assets201,6 k €120,3 k €180,6 k €123,5 k €222,8 k €161,7 k €246,4 k €167 k €54,1 k €
Cash26,9 k €55,9 k €28,4 k €58,7 k €162,2 k €77,9 k €127,8 k €33 k €34,1 k €
Debts77,2 k €24,9 k €102,6 k €68,5 k €178,4 k €110,8 k €202,6 k €127,7 k €15,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

DANIEL GENET

Director · since 30 novembre 2015

Active

Ended mandates

DANIEL GENET

Manager · since 30 novembre 2015

Ended
At this address

Other companies at this address

CompanyCBE no.
#1 Renovatie Meesters● Active
0708.966.466
2Even Solutions● Active
0824.800.502
360° Interiors Lab● Active
0679.708.791
3eQual● Bankrupt
0687.946.863
AB Consultancy● Active
1001.406.719
AB-FASHION● Bankrupt
0500.884.442
Admo Group● Active
1010.302.114
Advanced Chromatography Solutions● Bankrupt
0627.964.736
ADVIbel Consulting● Bankrupt
0874.076.106
Adviesplatform● Active
0644.728.118
AFA GROUP● Bankrupt
0731.622.005
African Bio Developments● Active
0751.641.122
AFRICAN NOMAD● Active
0795.425.635
A.G. INVESTMENTS● Active
0446.131.803
AGS PALETTEN● Active
1039.155.555
AH Commerce● Bankrupt
1012.690.886
AH TRADE & SERVICES● Bankrupt
1010.056.347
AJS Maritime Services● Active
1001.958.629
Albaresto● Active
0681.922.371
AlizéeC● Active
1000.278.351
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202527/06/202409/06/202331/08/202219/08/202112/06/2020
General meeting08/04/202509/04/202411/04/202312/04/202213/04/202114/04/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202408/04/202523/06/2025DutchPDF
Abridged model31/12/202309/04/202427/06/2024DutchPDF
Micro model31/12/202211/04/202309/06/2023FrenchPDF
Micro model31/12/202112/04/202231/08/2022FrenchPDF
Micro model31/12/202013/04/202119/08/2021FrenchPDF
Micro model31/12/201914/04/202012/06/2020DutchPDF
Micro model31/12/201809/04/201923/07/2019FrenchPDF
Micro model31/12/201710/04/201830/07/2018DutchPDF
Abridged model31/12/201611/04/201701/08/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/12/2024 · 1 active · 1 ended

Active mandates

DANIEL GENET

Director · since 30 novembre 2015

Active

Ended mandates

DANIEL GENET

Manager · since 30 novembre 2015

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office18/06/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates27/03/2024
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other02/12/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202429 k €↑
  2. 2023
    Annual accounts 202317,4 k €↓
  3. 2022
    Annual accounts 202223 k €↑
  4. 2021
    Annual accounts 202110,5 k €↑
  5. 2020
    Annual accounts 2020-6,4 k €↓
  6. 2019
    Annual accounts 20197,1 k €↑
  7. 2018
    Annual accounts 20184,5 k €↑
  8. 2017
    Annual accounts 20171 k €↓
  9. 2016
    Annual accounts 201619,6 k €
  10. 30/11/2015
    IncorporationPrivate limited company