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Complete company report
Generated 22-08-2026
Active BE 0471.865.012Non-profit association

COBATY INTERNATIONAL

Sint Michielswarande 30B ·1040 Etterbeek, Belgium· 26 yrs active
Sector: Activiteiten van bedrijfs- en werkgeversorganisaties (94110)
Conclusion Checked

The computed 12-month bankruptcy probability of COBATY INTERNATIONAL is < 0.1% (very low). The 2022 annual accounts show equity of €78k and a net result of €7k. Equity is growing by ~64.1% per year across the filed fiscal years. Its solvency ranks better than 65% of 80 sector peers (fiscal year 2022). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €78k
Net result €7k
Better than sector 65%
Active 26 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health88Profitability37Solvency100Growth41Stability100
73 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 88
Profitability 37
Solvency 100
Growth 41
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
< 0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Lower-failure-rate sector −Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 2000, 26 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2022 · computed
88 / 100 Excellent
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 31-07-2023 with the NBB · fiscal year 2022 · micro
€-100k€0€100k€200kRevenue 2018: €228k€228kOperating result 2018: €-4k€-4kNet result 2018: €12k€12kRevenue 2019: €208k€208kOperating result 2019: €6k€6kNet result 2019: €17k€17kRevenue 2020: €193k€193kOperating result 2020: €9k€9kNet result 2020: €26k€26kRevenue 2021: €196k€196kOperating result 2021: €45k€45kNet result 2021: €45k€45kRevenue 2022: €189k€189kOperating result 2022: €8k€8kNet result 2022: €7k€7k20182019202020212022
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~64.1%/year over 5 fiscal years, indicative, assuming unchanged policy.
€0€100k€200k€300k€400k2023: €128k (€122k - €134k)2024: €210k (€204k - €216k)2025: €344k (€338k - €351k)2018: €12k2019: €17k2020: €26k2021: €71k2022: €78k20182019202020212022202320242025
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2022 · NACE 94 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 81.7% 67.5%
better than 65% of 80 sector peers
Net result €7k €4k
better than 56% of 80 sector peers
Equity €78k €90k
better than 46% of 80 sector peers
Gross operating margin €108k €56k
better than 62% of 83 sector peers
Staff costs €100k €124k
higher than 44% of 46 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€189k
-3.5% 18-22
EBITDA
€8k
-82.7% 18-22
Net profit
€7k
-84.0% 18-22
Cash flow
€8k
-83.7% 18-22
Total assets
€95k
-5.6% 18-22
Equity
€78k
+10.2% 18-22
Working capital
€75k
+11.3% 18-22
Employees (FTE)
2
0.0% 18-22
Show 12 other metrics
Staff costs
€100k
+35.4% 18-22
Debt
€17k
-42.4% 18-22
Debt ≤ 1y
€17k
-42.4% 18-22
Current ratio
5.27
+64.1% 18-22
Quick ratio
5.27
+64.1% 18-22
Solvency
81.7%
+16.7% 18-22
Debt / equity
0.22
-47.7% 18-22
ROE
9.3%
-85.5% 18-22
ROA
7.6%
-83.1% 18-22
Net margin
3.8%
-83.4% 18-22
EBITDA margin
4.3%
-82.1% 18-22
Interest coverage
15.34
-88.4% 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue€189k
EBITDA€8k
Net profit€7k
Cash flow€8k
Staff costs€100k
Income taxes-
Dividends-
Total assets€95k
Equity€78k
Debt€17k
of which ≤ 1y€17k
of which > 1y-
Working capital€75k
Employees (FTE)-
Ratios (computed)
2022
Current ratio5.27
Quick ratio5.27
Working capital ratio78.2%
Solvency81.7%
Debt / equity0.22
Long-term debt ratio-
Interest coverage15.34
Gross margin57.1%
Net margin3.8%
ROA7.6%
ROE9.3%
EBITDA margin4.3%
Days sales outstanding2d
Days payable outstanding75d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€95k
Fixed assets 21/28€3k
Intangible fixed assets 21€1k
Financial fixed assets 28€2k
Current assets 29/58€92k
Amounts receivable within one year 40/41€1k
Cash & bank 54/58€91k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€95k
Equity 10/15€78k
Accumulated profits (losses) 14€78k
Amounts payable 17/49€17k
Amounts payable within one year 42/48€17k
Trade debts payable within one year 44€17k
Income statement
Turnover 70€189k
Gross operating margin 9900€108k
Operating result 9901€8k
Financial income 75€3
Financial charges 65€529
Result before taxes 9903€7k
Net result for the period 9904€7k
Result to be appropriated 9905€7k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 17 directors
Current directors & mandates
  • BLOUIN Muriel
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    20-09-2024 → present
  • BOTTINI Giovanni-Massimo
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    20-09-2024 → present
  • CHRAIBI Sabah
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    20-09-2024 → present
  • CINQUANTA Luigí
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    20-09-2024 → present
  • DA FONSECA Vitor
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    20-09-2024 → present
  • DENIER Jean-François
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    20-09-2024 → present
Show 8 more sitting directors
  • DUPUIS Jean-Luc
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    20-09-2024 → present
  • FQIH BERRADA Charaf Eddine
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    20-09-2024 → present
  • ROCCA Laura
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    20-09-2024 → present
  • SAN JUAN PITARCH José Luis
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    20-09-2024 → present
  • BERRUET Jacques
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    26-01-2023 → present
    2 events
    • 20-09-2024 Appointed· Director
    • 26-01-2023 Appointed· Director
  • CINQUANTA Luigi
    Director
    State Gazette act 23013265 (26-01-2023)
    Current
    26-01-2023 → present
  • LANCRENON Dominique
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    26-01-2023 → present
    2 events
    • 20-09-2024 Appointed· Director
    • 26-01-2023 Appointed· Director
  • PHILIPPE Jean
    Director
    State Gazette act 24136223 (20-09-2024)
    Current
    26-01-2023 → present
    2 events
    • 20-09-2024 Appointed· Director
    • 26-01-2023 Appointed· Director
Former directors (3)
  • CARONNA Renato
    Director
    State Gazette act 24136223 (20-09-2024)
    Former
    - → 20-09-2024
  • BULETTI Paolo
    Director
    State Gazette act 23013265 (26-01-2023)
    Former
    - → 26-01-2023
  • HOUTMAN Anne
    Director
    State Gazette act 23013265 (26-01-2023)
    Former
    - → 26-01-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Activiteiten van bedrijfs- en werkgeversorganisaties(94110)
Legal form Non-profit association(017)
Incorporation21-02-2000
StatusActive
Postal code1040
Establishment units 1 location
COBATY INTERNATIONAL
Sint Michielswarande 30B, 1040 EtterbeekActiviteiten van bedrijfs- en werkgeversorganisaties
since 20112.194.725.661
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21362B0235/10Y000 Brussels 1,575 m² - -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
20-09-2024
State Gazette act Director changes
2023
31-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
26-01-2023
State Gazette act Director changes
2022
20-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
11-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
05-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
25-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
25-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
03-04-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
27-06-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
29-04-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2014
08-07-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
Belgian State Gazette reading coverage 0 of 10 acts read

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 1 year ago
2024
20-09-2024 13 directors appointed, 1 resigning Director changes
  • BERRUET Jacques, Bestuurder
  • BLOUIN Muriel, Bestuurder
  • BOTTINI Giovanni-Massimo, Bestuurder
  • CHRAIBI Sabah, Bestuurder
  • CINQUANTA Luigí, Bestuurder
  • DA FONSECA Vitor, Bestuurder
  • DENIER Jean-François, Bestuurder
  • DUPUIS Jean-Luc, Bestuurder
Technical details 
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        "name": "ROCCA Laura",
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        "name": "SAN JUAN PITARCH Jos\u00E9 Luis",
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  "act_meta": {
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    "act_kind_objet": "Objet de l\u0027acte:"
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  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2024-06-25",
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    "kbo": "0471.865.012",
    "name_full": "COBATY International ASBL - Organisation Internationale de la Construction pour un D\u00E9veloppement Urbain soutenable",
    "legal_form": "ASBL"
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2023
26-01-2023 4 directors appointed, 2 resigning, 11 reappointed Director changes
  • BERRUET Jacques, Bestuurder
  • CINQUANTA Luigi, Bestuurder
  • LANCRENON Dominique, Bestuurder
  • PHILIPPE Jean, Bestuurder
  • BULETTI Paolo, Bestuurder
  • HOUTMAN Anne, Bestuurder
  • BLOUIN Muriel, Bestuurder
  • BOTTINI Giovanni-Massimo, Bestuurder
Technical details 
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        "name": "HOUTMAN Anne",
        "address": "21/3, rue aux Laines \u00E0 B - 1000 BRUXELLES (Belgique)",
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        "birth_place": "Ixelles, BE"
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      "evidence_quote": "Ont d\u00E9missionn\u00E9 HOUTMAN Anne, n\u00E9e \u00E0 Ixelles le 21/01/1952, domicili\u00E9e au 21/3, rue aux Laines \u00E0 B - 1000 BRUXELLES (Belgique)",
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        "name": "BLOUIN Muriel",
        "address": "17, rue Montesquieu - F47000 AGEN (France)",
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        "name": "CHRAIBI Sabah",
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        "name": "DA FONSECA Vitor",
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        "name": "DENIER Jean-Fran\u00E7ois",
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        "name": "DUPUIS Jean-Luc",
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      "kind": "board_snapshot",
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      "evidence_quote": "Tr\u00E9sorier: DUPUIS Jean-Lu",
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      "kind": "board_snapshot",
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      "reason": null,
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      "evidence_quote": "Secr\u00E9taire g\u00E9n\u00E9ral: CHRAIBI Sabah",
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      "evidence_quote": "A compter du 21 novembre 2022, tous pouvoirs sont donn\u00E9s \u00E0 M. BOTTINI Giovanni-Massimo, Pr\u00E9sident du Conseil d\u0027Administration \u00E0 l\u0027effet d\u0027accomplir ou de faire accomplir toutes formalit\u00E9s de publicit\u00E9 aff\u00E9rentes aux d\u00E9cisions ci-dessus adopt\u00E9es; l\u0027ouverture de compte, la gestion journali\u00E8re, la d\u00E9si",
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      },
      "reason": null,
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  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
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  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2023-01-26",
    "filing_date": "2023-01-18",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2022-11-21",
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  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0471.865.012",
    "name_full": "COBATY International ASBL - Organisation internationale de la Construction pour un D\u00E9veloppement Urbain soutenable",
    "legal_form": "ASBL"
  },
  "publication_proxy": {
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    "person_name": null,
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  "co_filed_documents": [],
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}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Activiteiten van bedrijfs- en werkgeversorganisaties94110
Primary activity highlighted.
Names & trade names
Legal nameFR COBATY INTERNATIONAL
Registered office
Sint Michielswarande 30B
1040 Etterbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative