In liquidation · Vrijwillige ontbinding – vereffening (CBE)

Cormetallis

BE0865608303

Rechtspersoon Public limited company 1 establishment

Eddastraat 41, 9042 Gent

Behind the company: Dorsan De Buysscher.

Start date

4 June 2004

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 2 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 5 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Vrijwillige ontbinding – vereffening according to the CBE.

Financials

Financial year 2022

Cormetallis from Gent, company number BE0865608303, closed financial year 2022 with a result of € 3,796 after tax. For that financial year Cormetallis recorded a gross margin of € -926 and equity of € -5.4 million. Compared with financial year 2021, the result moved from € 2,271 to € 3,796. Profitable, and profit is growing. 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 July 25, 2023.

What it is worth Caution

€ -5.4 million

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

Profit Growing

€ 3,796

▲ 67% vs 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 2,030

▼ 16% vs 2021

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

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € -5.7 million.

People and assets in 2022

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2022

Bank debt

€ 1.1 million

Loans from banks and other lenders, long and short.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € -2,177 € -926 ▲ € 1,251
Profit after taxes € 2,271 € 3,796 ▲ 67%
Equity € -5,398,749 € -5,394,954
Total debts € 5,656,780 € 5,657,706
Cash € 2,421 € 2,030 ▼ 16%
Retained profit € -5,698,749 € -5,694,954
Bank debt € 1,089,595 € 1,089,595
Balance sheet total € 258,031 € 262,752 ▲ 2%

Key figures of Cormetallis, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to Cormetallis?

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

Cormetallis is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.

  • New annual accounts for financial year 2022: profit of € 3,796 (▲ 67% vs 2021). Source: NBB ↗
  • Dorsan De Buysscher became a director. NBB
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 2,271 profit in 2021 to € 3,796 profit in 2022.

Best year ever: 2022, with € 3,796 profit.

Management

The stake of SABIDOR INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Cormetallis
L.C.M.C. 99.9%

Behind Cormetallis is Dorsan De Buysscher. The shares are held by SABIDOR INVEST (100%). It owns 99.9% of L.C.M.C. itself.

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Directors

According to the 2022 annual accounts

Dorsan De Buysscher

Liquidator

Also active at: DBL Invest, SABIDOR INVEST, MALMAR, MALMAR GROUP, Thesledung D.C.

since 2014

Shareholders

Participations

L.C.M.C.

99.9%

Establishments

Establishment units

Physical locations of this company

Registered office

Eddastraat 41

9042 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0865.608.303
VAT number
BE 0865.608.303
Registered office
Eddastraat 41, 9042 Gent
Names & denominations
Cormetallis
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Vrijwillige ontbinding – vereffening
Start date
4 June 2004
Peppol
Not registered

Frequently asked questions

What is the address of Cormetallis?
The registered office of Cormetallis is located at Eddastraat 41, 9042 Gent.
Is Cormetallis still active?
Not as usual. The CBE lists Cormetallis with legal situation “Vrijwillige ontbinding – vereffening”.
Is Cormetallis registered on Peppol?
No, Cormetallis is currently not registered on the Peppol network.
What is the enterprise number of Cormetallis?
The enterprise number of Cormetallis is BE0865608303.
When was Cormetallis founded?
Cormetallis was founded on 4 June 2004.
Who owns Cormetallis?
Behind Cormetallis is Dorsan De Buysscher. The shares are held by SABIDOR INVEST (100%). It owns 99.9% of L.C.M.C. itself.