Equity
-€90,123
Debts exceed assets in financial year 2025.
COUCOUBU
Lifetime
1 annual account with figurespeak €157 (2025)
€157
lowest -€120,723 (2025)
-€120,723
peak -€90,123 (2025)
-€90,123
€837,404
Board3 names since 2024
3 directorsBURY Louis and 2 others
Documentsfilings and deeds
27-08-202627 days late
2025abbreviated format
Loss of €120,723First year with figures
Key points
from the 2025 annual accountsDebts
€837,404 112% of the balance sheet
Financial debts 98%Suppliers 0%Other 2%
Of this, €13,297 falls due within a year.
Position in the sector
-€120,723
Lower net result than 90% of companies in real estate. Sector median €9,997 · 11,290 companies.
2025 accounts filed 27 days after the deadline
Checked score
54
Fair
Financially stronger than 23% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2025: 0.7%lowest value
07-2025: 0.7%● unchanged vs 06-2025lowest value
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.8%▲ +0.1 percentage points vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.9%▲ +0.1 percentage points vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 1.0%▲ +0.1 percentage points vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.1%▲ +0.1 percentage points vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026highest value
07-2026: 1.1%● unchanged vs 06-2026highest value
08-2026: 1.1%● unchanged vs 07-2026
09-2026: 0.9%▼ -0.2 percentage points vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Liquidity: current ratio 0.19, cash €2,583
Negative equity -€90,123
lowers risk
Size: total assets €747,280
Sector: Real estate activities (NACE 68)
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 12% of them on solvency, 53% on liquidity and 4% on profitability.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 490 companies had the same profile as COUCOUBU has now. Each dot is one company, two years later.
88.6%
were still trading
3.9%
stopped another way
6.7%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of COUCOUBU itself is lower: 0.9% within 12 months. It rests on far more data about COUCOUBU than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 490 companies, not a prediction for COUCOUBU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.19, below 1. Short-term debt is 1.8% and cash 0.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
27 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- COUTEAU Catherine 3,000 sharesdeed of 03-06-2024
- BURY Louis 3,000 sharesdeed of 03-06-2024
- COUSIN Marie 3,000 sharesdeed of 03-06-2024
Recent changes
First establishment
Pierre Hap Lemaîtrestraat 35, Etterbeek
Incorporation
Founding capital of €30,600, 9,000 shares · Founders: COUTEAU Catherine, BURY Louis and COUSIN Marie · Appointments: COUTEAU Catherine, BURY Louis and COUSIN Marie · published on 03-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COUCOUBU Etterbeek | €747,280 | €157 | -12.1% | - |
| 109 Franklin Roosevelt Brussels | €741,850 | -€2,684 | 3.5% | - |
| Villa Fawetay Theux | €782,747 | -€7,209 | 6.1% | - |
| JDA² Andenne | €814,312 | -€24,366 | -16.6% | - |
| GITES DE LA VALLEE DE HOTTON Hotton | €798,495 | -€17,626 | -10.1% | - |
| Precusa Oud-Heverlee | €762,535 | -€11,654 | 2.8% | - |
| MERGAUX Habay | €902,638 | -€6,646 | 0.0% | - |
These companies have the same main activity as COUCOUBU: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €742,000 and €903,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 30-05-2024Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 2 others
- Establishment unit
- 2.360.269.7221040 Etterbeek, since 26-06-2024
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on COUCOUBU
COUCOUBU has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€90,123) and a net result of -€120,723.
Its solvency ranks better than 10% of 11,299 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COUCOUBU
- What is the company number of COUCOUBU?
- The company number of COUCOUBU is 1009.860.763. The VAT number is the same number with BE in front: BE 1009.860.763.
- Where is COUCOUBU based?
- The registered office is at Pierre Hap Lemaîtrestraat 35, 1040 Etterbeek.Company details
- What does COUCOUBU do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of COUCOUBU?
- COUCOUBU is a private limited company (BV).
- When was COUCOUBU founded?
- COUCOUBU was founded on 30-05-2024.
- Is COUCOUBU still active?
- Yes, COUCOUBU is an active enterprise in the KBO register.
- What is the turnover of COUCOUBU?
- The turnover in financial year 2025 is ≈ €420. This figure is estimated from the gross margin of €157 and 34 comparable companies (NACE 68201). It probably lies between €280 and €680. It is a rough estimate.Financials
- Is COUCOUBU profitable?
- In financial year 2025, COUCOUBU made a loss of €120,723.
- Where can I find the annual accounts of COUCOUBU?
- COUCOUBU filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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