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Cecoco

Active
Private limited companyfounded 2024active for 2 yearsIzegemstraat 109, 8770 Ingelmunster, BelgiumKBO/BCE: BE 1006.822.089
Summary

Cecoco has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,061 and a net result of €41,482. Its solvency ranks better than 54% of 39,200 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
≈ €130,000turnover 2025, estimated
Equity
€75,061
Profit
€41,482
Turnover estimated from the gross margin
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 149 days early
Why 97raises riskFounded in 2024lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 2.71, cash €66,807Equity €75,061 (60.2% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Strong
Solvency 85+23
equity 60.2% of total assets
Liquidity 84+29
short-term debt 35.7% · cash 53.6%
Profitability 100=
return on assets 33.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (48,493 companies, NACE 70, micro)
Last 24 months 04-2025: 0.4%highest value 05-2025: < 0.1%▼ -0.4 percentage points vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: 0.1%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 2.71, compared with 1.53 in 2024, above the usual 1.5; short-term debt: 35.7% and cash: 53.6% of total assets), and 39.8% of the assets are financed with debt and provisions.
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 70, micro): better than 55% on solvency, 76% on liquidity, 84% on profitability and 91% on growth.

The bankruptcy probability was computed on 29-10-2026 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 riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 2.71, cash €66,807
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €75,061 (60.2% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-12-2025, 149 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
149 days early
2024
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 83 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end30-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. IncorporationAppointment: COUSSÉE Leonie Jacqueline Katharina…

Financials · financial year 2025, micro format

Turnover
≈ €130,000
Estimated: probably between €97,000 and €160,000
Total assets
€124,598▲ 36.8%
2024 · €91,077
Net result
€41,482▲ 27.3%
2024 · €32,579
Working capital
€76,151▲ 160%
2024 · €29,308
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 35% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€60,748 2025 Net result€41,482 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€45,033-€60,748▲ 34.9%
Net result€32,579within the sector's middle half-€41,482within the sector's middle half▲ 27.3%
Equity€33,579within the sector's middle half-€75,061within the sector's middle half▲ 124%
Total assets€91,077within the sector's middle half-€124,598within the sector's middle half▲ 36.8%
Debt€57,498-€49,536▼ 13.8%
Working capital€29,308within the sector's middle half-€76,151within the sector's middle half▲ 160%
Solvency36.9%within the sector's middle half-60.2%within the sector's middle half▲ 23.4pp
Current ratio1.53within the sector's middle half-2.71within the sector's middle half▲ 1.19
Return on assets (ROA)35.8%above the sector's middle half-33.3%within the sector's middle half▼ 2.5pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124,598
Fixed assets €3,949 ▼ 33.6%
Current assets €120,649 ▲ 41.7%
Equity and liabilities €124,598
Equity €75,061 ▲ 124%
Debt €49,536 ▼ 13.8%
Debt's share of the balance-sheet total falls from 63.1% to 39.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€62,750▲
2024 · €45,088
Cash flow
€43,484▲
2024 · €32,634
Debt to equity
0.66▼
2024 · 1.71
ROE
55.3%▼
2024 · 97.0%
Interest coverage
17.62▼
2024 · 53.68
Debt ≤ 1 year
€44,497▼
2024 · €55,818
Income taxes
€15,704▲
2024 · €11,614
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€91,077€124,598▲
Fixed assets21/28€5,951€3,949▼
Tangible fixed assets22/27€5,951€3,949▼
Furniture and vehicles24€5,951€3,949▼
Current assets29/58€85,126€120,649▲
Amounts receivable within one year40/41€57,444€53,317▼
Trade receivables40€57,444€53,317▼
Cash at bank and in hand54/58€27,178€66,807▲
Deferred charges and accrued income490/1€503€525▲
Equity and liabilities
Total equity and liabilities10/49€91,077€124,598▲
Equity10/15€33,579€75,061▲
Contributions10/11€1,000€1,000=
Reserves13€32,579€74,061▲
Distributable reserves133€32,579€74,061▲
Amounts payable17/49€57,498€49,536▼
Amounts payable within one year42/48€55,818€44,497▼
Trade debts44€43€29▼
Suppliers440/4€43€29▼
Taxes, remuneration and social security45€15,382€21,184▲
Taxes450/3€15,382€21,184▲
Other amounts payable47/48€40,393€23,285▼
Accrued charges and deferred income492/3€1,680€5,039▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55€2,002▲
Other operating charges640/8€294€305▲
Gross operating margin9900€45,382€63,055▲
Operating profit (loss)9901€45,033€60,748▲
Financial charges65/66B€840€3,561▲
Recurring financial charges65€840€3,561▲
Profit (loss) for the period before taxes9903€44,193€57,187▲
Income taxes67/77€11,614€15,704▲
Profit (loss) for the period9904€32,579€41,482▲
Profit (loss) for the period to be appropriated9905€32,579€41,482▲
Appropriation of the result
Profit (loss) to be appropriated9906€32,579€41,482▲
Transfer to equity691/2€32,579€41,482▲
To other reserves6921€32,579€41,482▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55€2,002▲ 36×
Other operating charges640/8€294€305▲ 3.6%
Gross operating margin9900€45,382€63,055▲ 38.9%
Operating profit (loss)9901€45,033€60,748▲ 34.9%
Financial charges65/66B€840€3,561▲ 324%
Recurring financial charges65€840€3,561▲ 324%
Profit (loss) for the period before taxes9903€44,193€57,187▲ 29.4%
Income taxes67/77€11,614€15,704▲ 35.2%
Profit (loss) for the period9904€32,579€41,482▲ 27.3%
Profit (loss) for the period to be appropriated9905€32,579€41,482▲ 27.3%
Line20242025Change
Assets
Total assets20/58€91,077€124,598▲ 36.8%
Fixed assets21/28€5,951€3,949▼ 33.6%
Tangible fixed assets22/27€5,951€3,949▼ 33.6%
Furniture and vehicles24€5,951€3,949▼ 33.6%
Current assets29/58€85,126€120,649▲ 41.7%
Amounts receivable within one year40/41€57,444€53,317▼ 7.2%
Trade receivables40€57,444€53,317▼ 7.2%
Cash at bank and in hand54/58€27,178€66,807▲ 146%
Deferred charges and accrued income490/1€503€525▲ 4.3%
Equity and liabilities
Total equity and liabilities10/49€91,077€124,598▲ 36.8%
Equity10/15€33,579€75,061▲ 124%
Contributions10/11€1,000€1,000=
Reserves13€32,579€74,061▲ 127%
Distributable reserves133€32,579€74,061▲ 127%
Amounts payable17/49€57,498€49,536▼ 13.8%
Amounts payable within one year42/48€55,818€44,497▼ 20.3%
Trade debts44€43€29▼ 33.0%
Suppliers440/4€43€29▼ 33.0%
Taxes, remuneration and social security45€15,382€21,184▲ 37.7%
Taxes450/3€15,382€21,184▲ 37.7%
Other amounts payable47/48€40,393€23,285▼ 42.4%
Accrued charges and deferred income492/3€1,680€5,039▲ 200%
Line20242025Change
Profit (loss) for the period9904€32,579€41,482▲ 27.3%
+ Depreciation and write-downs630€55€2,002▲ 36×
Operating cash flow (approximation)€32,634€43,484▲ 33.2%
Investment in fixed assets (approximation)-€0-
Change in cash-€39,628-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
30-09-2025 micro format 02-12-2025 2025-00575550
30-09-2024 micro format 14-04-2025 2025-00070155

Similar companies · same sector, comparable size

Of the 82,511 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,625. 41,438 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
COUSSÉE Leonie Jacqueline Katharina
Director · since 08-03-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
COUSSÉE Leonie Jacqueline Katharina
  • Director, from 08-03-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 08-03-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 08-03-2024 Incorporation · €1,000 · 50 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 6 March 2024, Cecoco was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 COUSSÉE Leonie Jacqueline Katharina has served as director of the company since 2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-03-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2025
02-12
NBB filing Annual accounts filed
financial year 2025 · micro format
14-04
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
08-03
Gazette deed Incorporation
Appointment: COUSSÉE Leonie Jacqueline Katharina (director) · Founder · Founding capital7 facts ▸
  • Incorporation, “Cecoco” (deed in Dutch)
  • Founder, COUSSÉE Leonie Jacqueline Katharina
  • Founding capital, €1,000
  • Other provision, “eerste boekjaar”, 30-09-2024 (deed in Dutch)
  • Registered office clause, “8770 Ingelmunster,Izegemstraat 109” (deed in Dutch)
  • Director appointment, COUSSÉE Leonie Jacqueline Katharina (director)
  • Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded06-03-2024
Financial year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:1006822089
Also 9925:BE1006822089
Registered 08-07-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ingelmunster · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
3,966 m²
Building footprint
298 m²
Building volume
2,138 m³
Parcel 36007D0213/00F006, Flanders · tallest building 12.0 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Cecoco
Izegemstraat 109, 8770 IngelmunsterBusiness and other management consultancy
since 2024unit no. 2.358.301.810
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
36007D0213/00F006 Flanders 3,966 m² 1 · 298 m² 12.0 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het verlenen van advies en management alsook het uitvoeren van alle studies en onderzoek,het verrichten van…” (deed in Dutch)
13 activities (deed in Dutch)
  1. Het verlenen van advies en management alsook het uitvoeren van alle studies en onderzoek,het verrichten van marktonderzoek,promotie,raadgeving,prospectie,marketing,engineering en consulting;technisch,organisatorisch,commercieel,administratief,financieel,fiscaal en juridisch beheer en advies.
  2. Het verlenen van dienstprestaties van economische aard,zowel in eigen beheer als in deelname met derden,daarin begrepen alle commissie- en makelaarsactiviteiten,activiteiten van tussenpersoon,makelaar of agent,het organiseren van commerciële manifestaties,handelsbeurzen en andere,het uitoefenen van consultancy activiteiten.
  3. De publiciteit,reclame,marketing en algemene communicatie onder alle vormen en het uitvoeren van alle werken die voor de verwezenlijking van publiciteit,reclame,marketing en algemene communicatie noodzakelijk zijn zonder enige beperking.
  4. Het organiseren van vorming,van seminaries en aanverwante sessies in de brede zin van het woord
  5. Het bevorderen van de oprichting van vennootschappen door inbreng,participaties of investering.
  6. Het vervaardigen,de import en export,groot-en kleinhandel,aankoop en verkoop van allerhande producten.
  7. De handel onder al zijn vormen:groot- en kleinhandel,aan- en verkoop,import en export,vertegenwoordiging,distributeur,makelarij,agentuur,commissie,in de hoedanigheid van trader van alle roerende goederen.
  8. Het waarnemen van bestuurdersopdrachten in andere vennootschappen.
  9. De aankoop,verkoop,restauratie en renovatie van gebouwen,het oprichten van woningen en gebouwen in de ruimste zin van het woord.Het aankopen,verkopen en verhuren van deze woningen en gebouwen zonder dat dit de wettelijk erkende activiteiten van een Vastgoedmakelaar mag betreffen.
  10. Overige werkzaamheden in verband met de afwerking van de gebouwen.
  11. Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen.
  12. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de huur en verhuur.In het algemeen alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer van onroerende goederen of onroerende zakelijke rechten.
  13. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan- en verkoop,de huur en verhuur en ruil.In het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Cecoco
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)

deed of 08-03-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Één of meer bestuurders, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
“Handelingen wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden met mogelijkheid deel te delegeren” (deed in Dutch)

deed of 08-03-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of March at 20:00

deed of 08-03-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)

deed of 08-03-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Alleen of gezamenlijk zoals bestuursorgaan bepaalt, gedelegeerd bestuurder” (deed in Dutch)
Other provision: “Jaarlijkse nettowinst, bestemming van winst-reserves” (deed in Dutch)
Other provision: “Uitkering van dividenden en interimdividenden, op eigen verantwoordelijkheid en overeenkomstig wettelijke bepalingen” (deed in Dutch)
1 more provision in the deed, see the deed of 08-03-2024

deed of 08-03-2024