Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
Financials
Financial year 2026
CORMAN PATRIMONIUM from Herve, company number BE0430414437, closed financial year 2026 with a result of € -27,826 after tax. For that financial year CORMAN PATRIMONIUM recorded a gross margin of € 8,164 and equity of € 416,824. Compared with financial year 2025, the result moved from € -41,400 to € -27,826. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 23, 2026.
€ 416,824
▼ 6% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27,826
▲ 33 % less loss than in 2025
Profit after tax over the fiscal year.
€ 151,135
▼ 29% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 316,824.
People and assets in 2026
€ 1,284
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 1,911
▼ 82% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 977,634 | € -20,498 | € 4,074 | € 8,164 | ▲ 100% |
| Profit after taxes | € 417,873 | € -42,385 | € -41,400 | € -27,826 | ▲ € 13,575 |
| Equity | € 528,435 | € 486,050 | € 444,650 | € 416,824 | ▼ 6% |
| Total debts | € 652,593 | € 357,425 | € 323,119 | € 234,366 | ▼ 27% |
| Cash | € 396,229 | € 302,005 | € 214,374 | € 151,135 | ▼ 29% |
| Land & buildings | € 98,804 | € 97,933 | € 127,665 | € 124,526 | ▼ 2% |
| Retained profit | € 428,435 | € 386,050 | € 344,650 | € 316,824 | ▼ 8% |
| Balance sheet total | € 1,181,027 | € 843,475 | € 767,768 | € 651,190 | ▼ 15% |
| Employees (FTE) | 1.2 | 0 | 0 | - |
Key figures of CORMAN PATRIMONIUM, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to CORMAN PATRIMONIUM?
What happened at CORMAN PATRIMONIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hubert CORMAN stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 27,826. Source: NBB ↗
- Hubert CORMAN became a director. NBB
- New establishment in Herve. KBO
- Start of the company according to the CBE. KBO
In short
From € 417,873 profit in 2023 to € 27,826 loss in 2026.
Paid € 139,098 in corporate taxes since 2023.
Best year ever: 2023, with € 417,873 profit.
On average € 814,700 of value added per employee in 2023.
Management
The stake of HUBERT INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CORMAN PATRIMONIUMThe shares are held by HUBERT INVEST (99.8%).
Directors
According to the 2026 annual accounts
Hubert CORMAN
Managing director
since 2023 · until 2028
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Place du Marché 11 box E
4651 Herve
Rue de Verviers 76
4651 Herve
Active since 25 February 1987
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.414.437
- VAT number
- BE 0430.414.437
- Registered office
- Place du Marché 11 bus E, 4651 Herve
- Names & denominations
- CORMAN PATRIMONIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 1987
- Peppol
- Active · Active since 6 Mar 2026
- Activities · NACE
Groothandel in dranken, algemeen assortiment
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Groothandel in dranken
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