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CORMA

Active
Private limited companyfounded 2015active for 10 yearsNijverheidsstraat 70, 2160 Wommelgem, BelgiumKBO/BCE: BE 0643.717.140
Summary

CORMA has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155,456 and a net result of €31,083. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 82% of 475 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28130
1 site
Size
€201,937total assets 2025
Equity
€155,456
Profit
€31,083
Turnover not published (abbreviated or micro format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Parent
SUMOTECH SA · 100%
Accounts filed 31 days late0 of 3 deeds read
Why 69raises riskLatest accounts 31 days late; 1 of the last 3 lateSize: total assets €201,937Liquidity: current ratio 4.34, cash €2,658, halvedlowers riskFounded in 2015Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 65% of its sector peers (NACE 28, micro)
Financial strength · tick = 2024
Strong
Solvency 100+13
equity 77.0% of total assets
Liquidity 44-5
short-term debt 23.0% · cash 1.3%
Profitability 76+2
return on assets 15.4%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (978 companies, NACE 28, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.5%▼ -0.1 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026 07-2026: 0.3%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.8%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.34, compared with 2.61 in 2024; short-term debt: 23% and cash: 1.3% of total assets), and 23% of the assets are financed with debt.
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 28, micro): better than 89% on solvency, 33% on liquidity, 57% on profitability and 79% on growth.

The bankruptcy probability was computed on 09-10-2026 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 risk+raises risk○neutral
raises risk · Latest accounts 31 days late; 1 of the last 3 late
NBB · filings
raises risk · Size: total assets €201,937
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 4.34, cash €2,658, halved
NBB · annual accounts
lowers risk · Founded in 2015
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
38 days early
2023
34 days early
2022
52 days early
2021
31 days late
2020
19 days late
2019
49 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 13 days before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% 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 28 June (5 of the last 5 filed years within 64 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 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. Highest result from 2018 to 2025net €31,083 ▲7.1%
  3. Equity above €150,000equity €155,456 ▲25%

Key points

  • Positive: Among the best 19% on solvencysector median 44.8% · 475 companies 77.0% View
  • Controlled by SUMOTECH SA 100% View
  • Positive: 5 profitable years in a rowprofit 2025: €31,083 5 years View

By topic

Financials

Financial year
2025
Total assets
€201,937
Profit
€31,083
Solvency
77.0%
Turnover▲ 50.9%
Net result
20182023
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 23-06-2025Annual accounts filed
  2. 31-12-2024Equity above €100,000
  3. 27-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28130
Founded
30-11-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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