Co-tchin
ActiveCo-tchin has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €91k and a net result of €33k. Its solvency ranks better than 95% of 9518 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth52
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 35.69 against 6.04 in 2023; short-term debt: 2.5% and cash: 84% of total assets), and 4.9% 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 risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 28-06-2025, 33 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
33 d early
2023
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€91k▲ 56.8%
2023 · €58k
2023: €58k
2023 → 2024
Total assets
€95k▲ 32.3%
2023 · €72k
2023: €72k
2023 → 2024
Net result
€33k▼ 41.2%
2023 · €56k
2023: €56k
2023 → 2024
Working capital
€84k▲ 47.0%
2023 · €57k
2023: €57k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€58k-€91k▲ 56.8%
Operating result€75k-€44k▼ 41.7%
Net result€56k-€33k▼ 41.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 42% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €95k
Fixed assets
€9k▲ 147%
Current assets
€86k▲ 26.1%
Equity and liabilities €95k
Equity
€91k▲ 56.8%
Debt
€5k▼ 67.1%
The debt ratio falls from 19.8% to 4.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45k▼
2023 · €75k
Cash flow
€34k▼
2023 · €56k
Solvency
95.1%▲
2023 · 80.2%
Current ratio
35.69▲
2023 · 6.04
Quick ratio
35.69▲
2023 · 6.04
Debt / equity
0.05▼
2023 · 0.25
ROE
36.2%▼
2023 · 96.5%
ROA
34.4%▼
2023 · 77.5%
Interest coverage
40.42▼
2023 · 717.41
Debt
€5k▼
2023 · €14k
Debt ≤ 1 year
€2k▼
2023 · €11k
Income taxes
€10k▼
2023 · €19k
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€72k€95k▲
Fixed assets21/28€4k€9k▲
Tangible fixed assets22/27€4k€9k▲
Land and buildings22-€6k
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€2k€2k▲
Current assets29/58€68k€86k▲
Amounts receivable within one year40/41€15k€6k▼
Trade receivables40€15k€906▼
Other amounts receivable41-€5k
Cash at bank and in hand54/58€53k€80k▲
Equity and liabilities
Total equity and liabilities10/49€72k€95k▲
Equity10/15€58k€91k▲
Contributions10/11€2k€2k=
Reserves13€56k€89k▲
Distributable reserves133€56k€89k▲
Amounts payable17/49€14k€5k▼
Amounts payable within one year42/48€11k€2k▼
Trade debts44€388€1k▲
Suppliers440/4€388€1k▲
Taxes, remuneration and social security45€10k-
Taxes450/3€10k-
Other amounts payable47/48€1k€1k▲
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€481€2k▲
Other operating charges640/8€163-
Gross operating margin9900€75k€45k▼
Operating profit (loss)9901€75k€44k▼
Financial income75/76B€2€200▲
Recurring financial income75€0€200▲
Non-recurring financial income76B€2-
Financial charges65/66B€105€1k▲
Recurring financial charges65€105€1k▲
Non-recurring financial charges66B€0€0▲
Profit (loss) for the period before taxes9903€75k€43k▼
Income taxes67/77€19k€10k▼
Profit (loss) for the period9904€56k€33k▼
Profit (loss) for the period to be appropriated9905€56k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€33k▼
Transfer to equity691/2€56k€33k▼
To other reserves6921€56k€33k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 6current ratio 35.69
Current ratio from 6.04 to 35.69; short-term debt falls from €11k to €2k.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wemmel · 1 establishment unit since 2023
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.
Populierendreef 111780 WemmelGround area
349 m²
Building footprint
62 m²
Volume, LiDAR
550 m³
Parcel 22005A0155/00S000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Co-tchin
since 20232.341.613.850
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22005A0155/00S000 | Flanders | 349 m² | 1 · 62 m² | 11.7 m · 3 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 to 2025 · 2 entries · 2,849 EUR awarded · 2,849 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,350 EUR | 1,800 EUR |
| 2024 | 1 | 1,499 EUR | 1,049 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,501 companies in sector 82990 we hold annual accounts for 9,398. 7,177 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2023
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.