NORMAL SITUATION

CORSWAREM

Financial year 2021 · closed on 31/12/2021
Net result
642,1 k €
-57.3% YoY
Equity
3,1 M €
+26.0% YoY

Company — Normal situation.

What does CORSWAREM do?

CORSWAREM is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0882.275.772
Legal form
Private company with limited liability
Contributed capital
605 310,75 €
Latest accounts
31/12/2021
Signals
ProfitableSolid equityPositive cashflow
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-7,5 k €-6,5 k €-3,9 k €-2,3 k €-6 k €-2,5 k €-3,7 k €-330,3 €-4,8 k €-6,2 k €35,4 k €32,1 k €51,3 k €152,7 k €
EBITDA-7,1 k €-7,5 k €-6,6 k €-4 k €-2,4 k €-6 k €-2,6 k €-3,8 k €-3,7 k €-4,8 k €-7,2 k €34,5 k €31,2 k €50,9 k €152 k €
Operating result-7,1 k €-7,5 k €-6,6 k €-4 k €-2,4 k €-6 k €-2,6 k €-3,8 k €-3,7 k €-4,8 k €-7,2 k €34,5 k €31,2 k €50,9 k €151,2 k €
Net result642,1 k €1,5 M €-6,6 k €844,8 k €-1,9 k €334,6 k €-2,6 k €236,3 k €-4 k €-7,5 k €202,4 k €295,6 k €276,8 k €304,2 k €648,7 k €
Balance sheet
Equity3,1 M €2,5 M €3,1 M €3,1 M €3,1 M €3,1 M €5,5 M €5,5 M €5,5 M €5,5 M €5,5 M €5,3 M €5 M €4,7 M €4,4 M €
Total assets3,6 M €3,1 M €3,1 M €3,1 M €3,1 M €5,8 M €5,5 M €5,5 M €5,5 M €5,5 M €5,7 M €5,8 M €5,8 M €5,9 M €5,9 M €
Cash491,8 k €3,3 k €1 k €17,4 k €21,4 k €1,2 M €4,8 k €7,4 k €11,1 k €12,2 k €47,5 k €62,6 k €75,1 k €27,6 k €27,5 k €
Debts496,3 k €650 k €2,1 k €2,7 M €243,1 k €528,5 k €825,7 k €1,1 M €1,4 M €
Governance

Board of directors

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

Active mandates

RYAN MAHONEY

Director · since 09 juin 2021

Active
FRANCIS JOHN HANNA

Director · since 15 février 2019

Active
PETER NIGEL SHARP

Director · since 15 février 2019

Active
STEPHEN HUW PERROTT MORGAN

Director · since 15 février 2019 · until 09 juin 2021

Active

Ended mandates

VGD Bedrijfsrevisoren

Mandate · since 19 septembre 2019 · until 17 juin 2022 · 0875.430.443

Represented by Jurgen Lelie

Ended
STEPHEN HUW PERROTT MORGAN

Director · since 15 février 2019

Ended
Michel de Corswarem

Mandate · since 11 juin 2010

Ended
Michel De Corswarem

Manager · since 11 juin 2010

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountFull modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202225/06/202130/04/202028/02/201922/05/201822/06/2017
General meeting31/03/202222/03/202131/03/202001/02/201920/04/201816/06/2017
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202131/03/202222/06/2022DutchPDF
Abridged model31/12/202022/03/202125/06/2021DutchPDF
Abridged model31/12/201931/03/202030/04/2020DutchPDF
Abridged model31/12/201801/02/201928/02/2019DutchPDF
Abridged model31/12/201720/04/201822/05/2018DutchPDF
Abridged model31/12/201616/06/201722/06/2017DutchPDF
Abridged model31/12/201517/06/201620/06/2016DutchPDF
Abridged model31/12/201419/06/201522/06/2015DutchPDF
Abridged model31/12/201320/06/201425/06/2014DutchPDF
Abridged model31/12/201221/06/201311/07/2013DutchPDF
Abridged model31/12/201130/06/201219/07/2012DutchPDF
Abridged model31/12/201017/06/201121/06/2011DutchPDF
Abridged model31/12/200926/04/201025/05/2010DutchPDF
Abridged model31/12/200819/06/200913/07/2009DutchPDF
Abridged model31/12/200727/06/200830/06/2008DutchPDF
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 · 12 ended

Active mandates

RYAN MAHONEY

Director · since 09 juin 2021

Active
FRANCIS JOHN HANNA

Director · since 15 février 2019

Active
PETER NIGEL SHARP

Director · since 15 février 2019

Active
STEPHEN HUW PERROTT MORGAN

Director · since 15 février 2019 · until 09 juin 2021

Active

Ended mandates

VGD Bedrijfsrevisoren

Mandate · since 19 septembre 2019 · until 17 juin 2022 · 0875.430.443

Represented by Jurgen Lelie

Ended
STEPHEN HUW PERROTT MORGAN

Director · since 15 février 2019

Ended
Michel de Corswarem

Mandate · since 11 juin 2010

Ended
Michel De Corswarem

Manager · since 11 juin 2010

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Competition

Similar companies

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

See the Business plan

Timeline

  1. 2021
    Annual accounts 2021642,1 k €
  2. 2020
    Annual accounts 20201,5 M €
  3. 2019
    Annual accounts 2019-6,6 k €
  4. 2018
    Annual accounts 2018844,8 k €
  5. 2017
    Annual accounts 2017-1,9 k €
  6. 2016
    Annual accounts 2016334,6 k €
  7. 2015
    Annual accounts 2015-2,6 k €
  8. 2014
    Annual accounts 2014236,3 k €
  9. 2013
    Annual accounts 2013-4 k €
  10. 2012
    Annual accounts 2012-7,5 k €
  11. 2011
    Annual accounts 2011202,4 k €
  12. 2010
    Annual accounts 2010295,6 k €
  13. 2009
    Annual accounts 2009276,8 k €
  14. 2008
    Annual accounts 2008304,2 k €
  15. 2007
    Annual accounts 2007648,7 k €