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CO FOUNDRY

Active
Public limited companyfounded 2015active for 11 yearsVeldkant 33A, 2550 Kontich, Belgium79 active companies are registered at this addressKBO/BCE: BE 0635.671.682
Summary

CO FOUNDRY has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€726,901) and a net result of -€457,682. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Activity not known1 site
Size
€2.6mtotal assets 2025
Equity
-€726,901
Loss
-€457,682
Net result -425%: other schema
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Parent
De Cronos Groep · 100%
Holdings
7
Auditor: KPMG Bedrijfsrevisoren BV2025 accounts filed 48 days late4 of 12 deeds summarised
Why 52raises riskCapped at 59: negative equityLoss of €457,682, the second in a row (financial year 2025)Last filed accounts filed 48 days late; 2 of the last 3 lateNegative equity -€726,901lowers riskSize: total assets €2.6mShow the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 3% of its sector peers (no NACE code, small)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0-13
equity -27.5% of total assets
Liquidity 4+4
short-term debt 127.5% · cash 3.3%
Profitability 0-27
return on assets -17.3%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.4% 12-2024: 2.4%● unchanged vs 11-2024 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.5%▲ +0.1 percentage points vs 02-2025highest value 04-2025: 2.3%▼ -0.2 percentage points vs 03-2025 05-2025: 2.2%▼ -0.1 percentage points vs 04-2025 06-2025: 2.3%▲ +0.1 percentage points vs 05-2025 07-2025: 2.1%▼ -0.2 percentage points vs 06-2025 08-2025: 2.4%▲ +0.3 percentage points vs 07-2025 09-2025: 0.6%▼ -1.8 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.5%▼ -0.1 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.4%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 1.1%▲ +0.2 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.04, compared with 0.0 in 2024, below 1; short-term debt: 127.5% and cash: 3.3% of total assets), and equity is negative.
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 (no NACE code, small): better than 1% on solvency, 7% on liquidity, 1% on profitability and 2% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €2.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €457,682, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Last filed accounts filed 48 days late; 2 of the last 3 late
NBB · filings
raises risk · Negative equity -€726,901
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€726,901
raises risk · 2025 accounts filed 48 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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 · 10 filings
Deviation from the deadline
2025
48 days late
2024
28 days late
2023
64 days late
2022
22 days late
2021
55 days late
2020
19 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 38 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: KPMG Bedrijfsrevisoren BV (statutory auditor)Resignation: Dunden NV (director) ·…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€726,901 View
  • Risk: 4 loss-making years in a rowloss financial year 2025 -€457,682 View
  • Caution: Result fell in 2025different schema filed ▼ 425% View
  • Caution: Board changedlatest change 03-09-2026 · 1 in office 1 joined · 1 left View
  • Controlled by De Cronos Groepultimately: Nuclys 100% View

By topic

Financials

Financial year
2025
Total assets
€2.6m
Loss
-€457,682
Solvency
-27.5%
Turnover▲ 977%
Net result
20182020
Go to Financials

Board & ownership

Board
1 member
Parent
De Cronos Groep · 100%
Auditor
KPMG Bedrijfsrevisoren BV
  • Matthias DoornaertDirector
Go to Board & ownership

Network & group

Group
Nuclys
Subsidiaries, all levels
10
Direct holdings
7

10 subsidiaries

Go to Network & group

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 03-10-2024Annual accounts filed
  2. 05-12-2023Permanent representatives: Gwen Cleirbaut and Tim Vermeiren
  3. 15-09-2023Reappointment: KPMG Bedrijfsrevisoren BV (statutory auditor)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
20-08-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about CO FOUNDRY

What is the company number of CO FOUNDRY?
0635.671.682. In Belgium the VAT number is the company number with BE in front: BE 0635.671.682.
Where is CO FOUNDRY based?
The registered office is at Veldkant 33A, 2550 Kontich.Company details
What is the legal form of CO FOUNDRY?
Public limited company (NV).
When was CO FOUNDRY founded?
On 20-08-2015.
Is CO FOUNDRY still active?
Yes, CO FOUNDRY is an active enterprise in the KBO register.
What is the turnover of CO FOUNDRY?
€16,962 in financial year 2020, according to the filed annual accounts.Financials
Is CO FOUNDRY profitable?
In financial year 2025, CO FOUNDRY made a loss of €457,682.
Where can I find the annual accounts of CO FOUNDRY?
CO FOUNDRY filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CO FOUNDRY due?
By 31-07-2027, for financial year 2026.Timeline

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