Financials
- Financial year
- 2025
- Total assets
- €36,171
- Profit
- €6,356
- Solvency
- 72.2%
Total assets▲ 59.2%
Net result
20182025
CO-TILE
ActiveSummary
CO-TILE has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,109 and a net result of €6,356. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 77% of 34,678 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Floor and wall tiling
NACE 43331
1 site
Size
€36,171total assets 2025
- Equity
- €26,109
- Profit
- €6,356
Turnover not published (micro format)
Why 95raises riskSize: total assets €36,171Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.33, cash €11,207Founded in 2011Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency
97-3
equity 72.2% of total assets
Liquidity
78+26
short-term debt 27.8% · cash 31.0%
Profitability
91+7
return on assets 17.6%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026highest value
07-2026: 0.1%▼ -0.2 percentage points vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.33, compared with 6.42 in 2024, above the usual 1.5; short-term debt: 27.8% and cash: 31% of total assets), and 27.8% 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 43, micro): better than 78% on solvency, 76% on liquidity, 77% on profitability and 76% on growth.
The bankruptcy probability was computed on 23-10-2026 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
38 days early
2023
30 days early
2022
32 days early
2021
39 days early
2020
40 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed 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 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Board & ownership
- Board
- 2 members
- BAGCI GülayDirector
- CIMEN OsmanDirector
Timeline
- Events
- 18
- Since
- 2013
- Next accounts
- by 31-07-2027
- 31-12-2023Back to profit
- 26-10-2023Resignations: CIMEN Osman (director) and BAGCI Gülay…
- 29-06-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Floor and wall tilingNACE 43331
- Founded
- 11-08-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 12
- Annual meeting
- First Friday of June at 18:00
Key facts about CO-TILE
- What is the company number of CO-TILE?
- 0838.478.589. In Belgium the VAT number is the company number with BE in front: BE 0838.478.589.
- Where is CO-TILE based?
- The registered office is at Lummenseweg 102, 3580 Beringen.Company details
- What does CO-TILE do?
- According to the KBO register, the main activity is floor and wall tiling (NACE 43331).
- What is the legal form of CO-TILE?
- Private limited company (BV).
- When was CO-TILE founded?
- On 11-08-2011.
- Is CO-TILE still active?
- Yes, CO-TILE is an active enterprise in the KBO register.
- What is the turnover of CO-TILE?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is CO-TILE profitable?
- In financial year 2025, CO-TILE made a profit of €6,356.
- Where can I find the annual accounts of CO-TILE?
- CO-TILE filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CO-TILE due?
- By 31-07-2027, for financial year 2026.Timeline
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