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Co+

Active
Private limited companyfounded 201114 yrs activeAsselsstraat 6, 9031 Gent, BelgiumKBO/BCE: BE 0839.916.466

Co+ has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €203k and a net result of €46k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 37964 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
95 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 4.71 against 5.48 in 2023; short-term debt: 18% and cash: 48.1% of total assets), and 18% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
35 d early
2023
51 d early
2022
32 d early
2021
11 d late
2020
33 d early
2019
52 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€203k▼ 7.8%
2023 · €220k
2018: €84k 2019: €108k 2020: €149k 2021: €166k 2022: €193k 2023: €220k
2018 → 2024
Total assets
€248k▼ 4.0%
2023 · €258k
2018: €140k 2019: €152k 2020: €193k 2021: €200k 2022: €254k 2023: €258k
2018 → 2024
Net result
€46k▲ 6.4%
2023 · €44k
2018: €17k 2019: €23k 2020: €41k 2021: €17k 2022: €55k 2023: €44k
2018 → 2024
Working capital
€166k▼ 2.5%
2023 · €170k
2018: €62k 2019: €82k 2020: €129k 2021: €151k 2022: €130k 2023: €170k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€149k-€166k▲ 11.4%€193k▲ 16.4%€220k▲ 14.0%€203k▼ 7.8%
Operating result€61k-€26k▼ 57.3%€75k▲ 189%€61k▼ 18.7%€65k▲ 6.4%
Net result€41k-€17k▼ 59.1%€55k▲ 224%€44k▼ 20.6%€46k▲ 6.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2020: €61k€61kNet result 2020: €41k€41kOperating result 2021: €26k€26kNet result 2021: €17k€17kOperating result 2022: €75k€75kNet result 2022: €55k€55kOperating result 2023: €61k€61kNet result 2023: €44k€44kOperating result 2024: €65k€65kNet result 2024: €46k€46k20202021202220232024
The operating result recovers in 2024; 2024 is 6% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €248k
Fixed assets €37k▼ 25.7%
Current assets €210k▲ 1.2%
Equity and liabilities €248k
Equity €203k▼ 7.8%
Debt €45k▲ 17.8%
The debt ratio rises from 14.7% to 18.0%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€78k
2023 · €75k
Cash flow
€60k
2023 · €57k
Solvency
82.0%
2023 · 85.3%
Current ratio
4.71
2023 · 5.48
Quick ratio
4.71
2023 · 5.48
Debt / equity
0.22
2023 · 0.17
ROE
22.8%
2023 · 19.8%
ROA
18.7%
2023 · 16.9%
Interest coverage
234.05
2023 · 269.75
Debt
€45k
2023 · €38k
Debt ≤ 1 year
€45k
2023 · €38k
Income taxes
€19k
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€258k€248k
Fixed assets21/28€50k€37k
Tangible fixed assets22/27€50k€37k
Plant, machinery and equipment23€1k€767
Furniture and vehicles24€49k€37k
Current assets29/58€208k€210k
Amounts receivable within one year40/41€18k€18k
Trade receivables40€18k€18k
Current investments50/53-€70k
Cash at bank and in hand54/58€187k€119k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€258k€248k
Equity10/15€220k€203k
Contributions10/11€6k-
Reserves13€214k€203k
Distributable reserves133€214k€203k
Amounts payable17/49€38k€45k
Amounts payable within one year42/48€38k€45k
Trade debts44€236€110
Suppliers440/4€236€110
Taxes, remuneration and social security45€10k€8k
Taxes450/3€10k€8k
Other amounts payable47/48€28k€36k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k
Other operating charges640/8€504€474
Gross operating margin9900€75k€79k
Operating profit (loss)9901€61k€65k
Financial income75/76B€489€824
Recurring financial income75€489€824
Financial charges65/66B€278€335
Recurring financial charges65€278€335
Profit (loss) for the period before taxes9903€61k€65k
Income taxes67/77€18k€19k
Profit (loss) for the period9904€44k€46k
Profit (loss) for the period to be appropriated9905€44k€46k
Appropriation of the result
Profit (loss) to be appropriated9906€44k€46k
Transfer from equity791/2€17k€57k
Transfer to equity691/2€44k€46k
To other reserves6921€44k€46k
Profit to be distributed694/7€17k€57k
Return on contributions (dividend)694€17k€57k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
26-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €200kEq €220k ▲14%
6 profitable years in a row build equity to €220k.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €55k ▲224%
Operating result €75k, net result €55k, both a record.
27-09
State Gazette act Board meeting · Power of attorney
11-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial Equity above €150kEq €166k ▲11.4%
4 profitable years in a row build equity to €166k.
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
02-12
State Gazette act General meeting · Statutes amendment
Corporate purpose · Capital · Frederic CONVENT
21-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
2019
31-12
Financial Equity above €100kEq €108k ▲27.5%
2 profitable years in a row build equity to €108k.
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
11-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 11 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
25-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
2013
30-08
State Gazette act Board meeting · Director appointment
Permanent representative · Board composition
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2011
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Asselsstraat 69031 Gent
Ground area
546 m²
Building footprint
88 m²
Volume, LiDAR
356 m³
Parcel 44002B0036/00K008, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Co+
Asselsstraat 6, 9031 GentGeneral electrical installation work
since 20112.203.697.270
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44002B0036/00K008 Flanders 546 m² 1 · 88 m² 10.3 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 1,035 EUR awarded · 915 EUR paid
Year Entries awardedpaid
2024 1 1,035 EUR915 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 1,035 EUR · 915 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,554 companies in sector 70200 we hold annual accounts for 52,570. 40,011 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-09-2011
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.