COBAR
ActiveCOBAR has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290k and a net result of €50k. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-14
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 49.8 against 44.27 in 2024), and 22.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.3%
Return on assets
13.3%
Age of the figures
8 mo
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 09-03-2026, 144 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
144 d early
2024
73 d early
2023
69 d early
2022
34 d early
2021
2 d early
2020
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€290k▲ 20.4%
2024 · €241k
2020: €89k
2021: €115k
2022: €156k
2023: €191k
2024: €241k
2020 → 2025
Total assets
€376k▲ 15.2%
2024 · €326k
2020: €275k
2021: €250k
2022: €282k
2023: €278k
2024: €326k
2020 → 2025
Net result
€50k▼ 1.9%
2024 · €51k
2020: €71k
2021: €27k
2022: €42k
2023: €36k
2024: €51k
2020 → 2025
Working capital
€267k▲ 22.9%
2024 · €217k
2020: €128k
2021: €88k
2022: €132k
2023: €167k
2024: €217k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115k-€156k▲ 35.9%€191k▲ 22.2%€241k▲ 26.3%€290k▲ 20.4%
Operating result€35k-€54k▲ 55.8%€41k▼ 24.8%€56k▲ 37.5%€55k▼ 1.0%
Net result€27k-€42k▲ 54.6%€36k▼ 15.6%€51k▲ 43.7%€50k▼ 1.9%
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 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €376k
Fixed assets
€104k▼ 0.5%
Current assets
€272k▲ 22.6%
Equity and liabilities €376k
Equity
€290k▲ 20.4%
Debt
€85k▲ 0.5%
The debt ratio falls from 26.1% to 22.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€56k▼
2024 · €56k
Cash flow
€51k▼
2024 · €52k
Solvency
77.3%▲
2024 · 73.9%
Current ratio
49.80▲
2024 · 44.27
Quick ratio
49.80▲
2024 · 44.27
Debt / equity
0.29▼
2024 · 0.35
ROE
17.2%▼
2024 · 21.2%
ROA
13.3%▼
2024 · 15.6%
Interest coverage
31.19▼
2024 · 33.09
Debt
€85k▲
2024 · €85k
Debt ≤ 1 year
€5k▲
2024 · €5k
Debt > 1 year
€80k=
2024 · €80k
Income taxes
€13k▼
2024 · €13k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€326k€376k▲
Fixed assets21/28€104k€104k▼
Tangible fixed assets22/27€2k€2k▼
Plant, machinery and equipment23€465€222▼
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€102k€102k=
Current assets29/58€222k€272k▲
Amounts receivable after more than one year29€132k€142k▲
Other amounts receivable291€132k€142k▲
Amounts receivable within one year40/41€47k€17k▼
Trade receivables40€45k€15k▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€43k€113k▲
Equity and liabilities
Total equity and liabilities10/49€326k€376k▲
Equity10/15€241k€290k▲
Contributions10/11€19k€19k=
Reserves13€223k€272k▲
Distributable reserves133€223k€272k▲
Amounts payable17/49€85k€85k▲
Amounts payable after more than one year17€80k€80k=
Financial debts170/4€80k€80k=
Amounts payable within one year42/48€5k€5k▲
Trade debts44€165€92▼
Suppliers440/4€165€92▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€520€520=
Gross operating margin9900€56k€56k▼
Operating profit (loss)9901€56k€55k▼
Financial income75/76B€10k€9k▼
Recurring financial income75€10k€9k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€64k€63k▼
Income taxes67/77€13k€13k▼
Profit (loss) for the period9904€51k€50k▼
Profit (loss) for the period to be appropriated9905€51k€50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€50k▼
Transfer to equity691/2€50k€49k▼
To other reserves6921€50k€49k▼
Profit to be distributed694/7€833€859▲
Return on contributions (dividend)694€833€859▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €241k ▲26.3%
5 profitable years in a row build equity to €241k.
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 7current ratio 29.05
Current ratio from 3.91 to 29.05; short-term debt falls from €45k to €6k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €156k ▲35.9%
3 profitable years in a row build equity to €156k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €27k ▼61.6%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €115k ▲29.8%
2 profitable years in a row build equity to €115k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tienen · 1 establishment unit since 2019
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.
Sliksteenvest 23300 TienenGround area
106 m²
Building footprint
124 m²
Volume, LiDAR
981 m³
Parcel 24107B0301/00F002, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
COBAR
since 20192.287.739.258
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24107B0301/00F002 | Flanders | 106 m² | 1 · 124 m² | 11.5 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
2022 to 2025 · 2 entries · 1,203 EUR awarded · 1,203 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 378 EUR | 378 EUR |
| 2022 | 1 | 825 EUR | 825 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Ace'n Waves
BE 0432.209.333
Deinze · Eq €290k
MARCOL Invest
BE 1009.757.924
Zele · Eq €290k
DURABLE TECHNOLOGIES GROUP
BE 0837.061.104
Merchtem · Eq €290k
Annelies Verbruggen
BE 0785.898.651
Rumst · Eq €290k
EDIPHIS
BE 0846.850.976
Wavre · Eq €290k
Of 82,241 companies in sector 70200 we hold annual accounts for 52,386. 38,199 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.