Bankrupt · Opening faillissement (CBE)

CORCA

BE0442566161

Rechtspersoon Public limited company 1 establishment

CORCA is a shoe shop in Ieper. Public Limited, started on 19 December 1990, 1 establishment.

Grote Markt 15, 8900 Ieper

Start date

19 December 1990

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 0 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

CORCA from Ieper, company number BE0442566161, closed financial year 2023 with a result of € -63,624 after tax. For that financial year CORCA recorded a gross margin of € 37,116 and equity of € -12,374. Compared with financial year 2022, the result moved from € -39,779 to € -63,624. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 6, 2024.

What it is worth Caution

€ -12,374

▼ € 63,624 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -63,624

▼ 60 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 123

▼ 26% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -114,374.

People and assets in 2023

Wage cost

€ 52,469

▲ 76% vs 2022

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2023

Bank debt ≈ 2 years to go

€ 78,572

▼ 62% vs 2022

€ 15,399 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 112,797

▲ 59% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 136,777

▲ 146% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € -6,765 € 45,341 € 37,116 ▼ 18%
Profit after taxes € 5,877 € -39,779 € -63,624 ▼ € 23,845
Equity € 91,028 € 51,250 € -12,374 ▼ € 63,624
Total debts € 540,358 € 443,348 € 438,648 ▼ 1%
Cash € 2,414 € 165 € 123 ▼ 26%
Land & buildings € 89,810 € 84,189 € 78,567 ▼ 7%
Retained profit € -10,972 € -50,750 € -114,374 ▼ € 63,624
Bank debt € 205,601 € 205,601 € 78,572 ▼ 62%
Balance sheet total € 631,386 € 494,597 € 426,274 ▼ 14%

Key figures of CORCA, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to CORCA?

What happened at CORCA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

CORCA is active according to the CBE. Legal situation: Opening faillissement.

  • Cathelin Neyens stepped down as director. NBB
  • Catherine Charlet stepped down as director. NBB
  • Leopoldine Neyens stepped down as director. NBB
  • New annual accounts for financial year 2023: loss of € 63,624. filed late Source: NBB ↗
  • Cathelin Neyens became a director. NBB
  • Catherine Charlet became a director. NBB
  • Leopoldine Neyens became a director. NBB
  • New establishment in Ieper. KBO

In short

From € 5,877 profit in 2021 to € 63,624 loss in 2023.

Best year ever: 2021, with € 5,877 profit.

Management

Directors

According to the 2023 annual accounts

Cathelin Neyens

Director

since 2019 · until 2025

Catherine Charlet

Managing director

since 2019 · until 2025

Leopoldine Neyens

Director

since 2019 · until 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Grote Markt 15

8900 Ieper

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0442.566.161
VAT number
BE 0442.566.161
Registered office
Grote Markt 15, 8900 Ieper
Names & denominations
CORCA
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
19 December 1990
Peppol
Not registered
Activities · NACE

Detailhandel in schoeisel

Cafés

Activiteiten van eetgelegenheden met volledige bediening

Cafés en bars

Eetgelegenheden met volledige bediening

Frequently asked questions

What does CORCA do?
CORCA is a shoe shop in Ieper. Public Limited, started on 19 December 1990, 1 establishment.
What is the address of CORCA?
The registered office of CORCA is located at Grote Markt 15, 8900 Ieper.
Is CORCA still active?
No. The CBE lists CORCA with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is CORCA registered on Peppol?
No, CORCA is currently not registered on the Peppol network.
What is the enterprise number of CORCA?
The enterprise number of CORCA is BE0442566161.
When was CORCA founded?
CORCA was founded on 19 December 1990.