COREGO
InactiveCOREGO was declared bankrupt (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 16-01-2024, published in the Belgian State Gazette on 22-01-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline16-09-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1.18M
2019 · €35k
2018: €-63k
2019: €35k
2018 → 2020
Working capital
€60k▼ 95.2%
2019 · €1.23M
2018: €1.18M
2019: €1.23M
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€1.40M-€1.44M▲ 2.5%€253k▼ 82.4%
Operating result€-65k-€65k€-513k
Net result€-63k-€35k€-1.18M
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €513k after €65k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €579k
Fixed assets
€196k▼ 6.2%
Current assets
€384k▼ 86.3%
Equity and liabilities €579k
Equity
€253k▼ 82.4%
Debt
€326k▼ 79.4%
The debt ratio rises from 52.4% to 56.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-499k▼
2019 · €79k
Cash flow
€-1.17M▼
2019 · €50k
Solvency
43.6%▼
2019 · 47.6%
Current ratio
1.18▼
2019 · 1.78
Quick ratio
1.18▼
2019 · 1.78
Debt / equity
0.01▲
2019 · 0.00
ROE
-468.5%▼
2019 · 2.4%
ROA
-204.5%▼
2019 · 1.2%
Debt
€326k▼
2019 · €1.58M
Debt ≤ 1 year
€324k▼
2019 · €1.58M
Debt > 1 year
€2k=
2019 · €2k
Income taxes
€267▼
2019 · €337
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€3.02M€579k▼
Fixed assets21/28€208k€196k▼
Tangible fixed assets22/27€112k€99k▼
Financial fixed assets28€97k€97k=
Current assets29/58€2.81M€384k▼
Stocks and contracts in progress3€1.56M€109k▼
Amounts receivable within one year40/41€989k€213k▼
Current investments50/53€5k€2k▼
Cash at bank and in hand54/58€247k€46k▼
Equity and liabilities
Total equity and liabilities10/49€3.02M€579k▼
Equity10/15€1.44M€253k▼
Contributions10/11€695k€695k=
Reserves13€767k€767k=
Profit (loss) carried forward14€-25k€-1.21M▼
Amounts payable17/49€1.58M€326k▼
Amounts payable after more than one year17€2k€2k=
Amounts payable within one year42/48€1.58M€324k▼
Trade debts44€291k€211k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Gross operating margin9900€693k€26k▼
Operating profit (loss)9901€65k€-513k▼
Recurring financial income75€2k€9k▲
Recurring financial charges65€10k€679k▲
Profit (loss) for the period before taxes9903€35k€-1.18M▼
Income taxes67/77€337€267▼
Profit (loss) for the period9904€35k€-1.18M▼
Profit (loss) for the period to be appropriated9905€35k€-1.18M▼
Timeline · acts, filings and financial milestones
2024
22-01
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · COREGO NV HONORE LONGTINSTRAAT 103, 1090 JETTE · event 16-01-2024
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-1.18M ▼3494%
Net result drops to €-1.18M, the lowest in the series.
14-12
State Gazette act
General meeting · Board meeting
Director reappointment · Director resignation
14-12
State Gazette act
General meeting · Director reappointment
Permanent representative · Director resignation
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
24-12
State Gazette act
General meeting · Board meeting
Director reappointment · Director resignation
24-12
State Gazette act
General meeting · Board meeting
Director reappointment · Director resignation
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 4 days late
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
02-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
03-01
State Gazette act
General meeting · Board meeting
Director reappointment · Director resignation
03-01
State Gazette act
General meeting · Board meeting
Director reappointment · Director resignation
2013
26-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
07-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Connections & network
6 connected companiesNetwork connections
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Ownership & control
1 partyCOREGOBE 0402.078.262
controls
Where this company holds controlthis company sits on their board1
4 subsidiaries · 19 locations