Cobby's
ActiveSummary
Cobby's has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.7m and a net result of €348,584. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 95% of 8281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Wholesale of household textiles and bedding
NACE 46412Wholesale trade NACE 46411NACE 51410
1 site
How big
€6.1mtotal assets 2025
- Staff
- 0.4 FTE
- Equity
- €5.7m
- Profit
- €348,584
Turnover not published (abridged schema)
Who decides
Accounts filed 2 d late0 of 5 deeds read
Why 82- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal formA punctual record breaksShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+21
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €470,000 at 30 days acceptable
Liquidity ample (current ratio 21.86 against 30.75 in 2024; short-term debt: 4.4% and cash: 4% of total assets), and 5.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
94.9%
Return on assets
5.8%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
on the day
2023
1 d early
2022
on the day
2021
on the day
2020
1 d early
2019
24 d 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 3 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
Financials
Fiscal year 2025Total assets €6.1mProfit €348,584Solvency 94.9%Liquidity 21.86
Total assets
€6.1m▲ 5.3%
2019 - 2025
Net result
€348,584▼ 14.9%
2019 - 2025
Equity
€5.7m▲ 3.9%
2019 - 2025
Staff (FTE)
0.4▼ 20.0%
2019 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.4m▲ 52.3%€0.4m▼ 19.5%€0.5m▲ 30.1%€0.5m▲ 3.0%€0.5m▼ 0.8%
Net result€0.4mabove the sector's middle half▲ 122%€0.4mabove the sector's middle half▼ 21.5%€0.3mabove the sector's middle half▼ 8.9%€0.4mabove the sector's middle half▲ 27.6%€0.3mabove the sector's middle half▼ 14.9%
Equity€4.5mabove the sector's middle half▲ 11.2%€4.8mabove the sector's middle half▲ 7.9%€5.1mabove the sector's middle half▲ 6.7%€5.5mabove the sector's middle half▲ 8.0%€5.7mabove the sector's middle half▲ 3.9%
Total assets€4.6mabove the sector's middle half▲ 9.3%€5.0mabove the sector's middle half▲ 8.9%€5.3mabove the sector's middle half▲ 6.5%€5.8mabove the sector's middle half▲ 8.3%€6.1mabove the sector's middle half▲ 5.3%
Debt€0.1m▼ 31.4%€0.2m▲ 43.6%€0.2m▲ 1.0%€0.2m▲ 16.8%€0.3m▲ 41.5%
Working capital€4.5mabove the sector's middle half▲ 11.1%€4.7mabove the sector's middle half▲ 6.3%€4.9mabove the sector's middle half▲ 4.5%€5.4mabove the sector's middle half▲ 8.8%€5.6mabove the sector's middle half▲ 4.2%
Solvency97.2%above the sector's middle half▲ 1.7pp96.3%above the sector's middle half▼ 0.9pp96.5%above the sector's middle half▲ 0.2pp96.2%above the sector's middle half▼ 0.3pp94.9%above the sector's middle half▼ 1.3pp
Current ratio36.75above the sector's middle half▲ 13.8332.52above the sector's middle half▼ 4.2233.72above the sector's middle half▲ 1.2030.75above the sector's middle half▼ 2.9721.86above the sector's middle half▼ 8.90
Return on assets (ROA)9.8%within the sector's middle half▲ 5.0pp7.1%within the sector's middle half▼ 2.7pp6.0%within the sector's middle half▼ 1.0pp7.1%within the sector's middle half▲ 1.1pp5.8%within the sector's middle half▼ 1.4pp
Staff (FTE)1.2below the sector's middle half▲ 9.1%1.1below the sector's middle half▼ 8.3%0.8below the sector's middle half▼ 27.3%0.5below the sector's middle half▼ 37.5%0.4below the sector's middle half▼ 20.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
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 €6.1m
Fixed assets
€180,652 ▼ 4.9%
Current assets
€5.9m ▲ 5.6%
Equity and liabilities €6.1m
Equity
€5.7m ▲ 3.9%
Debt
€307,098 ▲ 41.5%
Debt's share of the balance-sheet total rises from 3.8% to 5.1%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€499,229▼
2024 · €499,486
Cash flow
€379,932▼
2024 · €437,842
Quick ratio
21.28▼
2024 · 24.52
Debt to equity
0.05▲
2024 · 0.04
ROE
6.1%▼
2024 · 7.4%
Interest coverage
7.50▲
2024 · -23.74
Debt ≤ 1 year
€268,807▲
2024 · €180,862
Income taxes
€175,022▲
2024 · €167,329
Staff costs
€12,986▼
2024 · €14,487
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | €15,875 | €0 | €207,981 | - |
| Remuneration, social security and pensions62 | - | €22,238 | €23,809 | €14,487 | €12,986 | ▼ 10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,306 | €3,860 | €24,244 | €28,012 | €31,348 | ▲ 11.9% |
| Other operating charges640/8 | - | €1,662 | €2,016 | €1,360 | €1,835 | ▲ 35.0% |
| Non-recurring operating charges66A | - | €80 | €0 | - | €2,873 | - |
| Gross operating margin9900 | €468,054 | €379,421 | €507,641 | €515,333 | €516,924 | ▲ 0.3% |
| Operating profit (loss)9901 | €436,690 | €351,580 | €457,572 | €471,474 | €467,881 | ▼ 0.8% |
| Financial income75/76B | - | €268,343 | €39,491 | €84,645 | €122,280 | ▲ 44.5% |
| Recurring financial income75 | €105,550 | €268,343 | €39,491 | €84,645 | €122,280 | ▲ 44.5% |
| Financial charges65/66B | - | €94,923 | €35,127 | -€21,039 | €66,555 | ▲ 416% |
| Recurring financial charges65 | -€41,409 | €94,923 | €35,127 | -€21,039 | €66,555 | ▲ 416% |
| Profit (loss) for the period before taxes9903 | €583,649 | €525,001 | €461,936 | €577,159 | €523,606 | ▼ 9.3% |
| Income taxes67/77 | €134,806 | €172,631 | €140,780 | €167,329 | €175,022 | ▲ 4.6% |
| Profit (loss) for the period9904 | €448,843 | €352,370 | €321,157 | €409,830 | €348,584 | ▼ 14.9% |
| Profit (loss) for the period to be appropriated9905 | €448,843 | €352,370 | €321,157 | €409,830 | €348,584 | ▼ 14.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.6m | €5.0m | €5.3m | €5.8m | €6.1m | ▲ 5.3% |
| Fixed assets21/28 | €0.005m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 4.9% |
| Tangible fixed assets22/27 | €0.005m | €0.01m | €0.1m | €0.1m | €0.1m | ▼ 2.1% |
| Land and buildings22 | - | - | €0.01m | €0.01m | €0.02m | ▲ 45.7% |
| Plant, machinery and equipment23 | - | €0.002m | €289 | €0.009m | €0.03m | ▲ 199% |
| Furniture and vehicles24 | - | €0.008m | €0.1m | €0.08m | €0.06m | ▼ 31.3% |
| Financial fixed assets28 | €20 | €0.1m | €0.09m | €0.09m | €0.08m | ▼ 8.4% |
| Current assets29/58 | €4.6m | €4.9m | €5.1m | €5.6m | €5.9m | ▲ 5.6% |
| Stocks and contracts in progress3 | €0.1m | €0.1m | €0.1m | €1.1m | €0.2m | ▼ 86.4% |
| Stocks30/36 | - | €0.1m | €0.1m | €1.1m | €0.2m | ▼ 86.4% |
| Amounts receivable within one year40/41 | €0.09m | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 35.9% |
| Trade receivables40 | - | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 33.7% |
| Other amounts receivable41 | - | €0.003m | €0.003m | €0.002m | €0.005m | ▲ 152% |
| Current investments50/53 | €0.6m | €1.0m | €4.2m | €3.8m | €5.3m | ▲ 41.7% |
| Cash at bank and in hand54/58 | €3.8m | €3.5m | €0.7m | €0.6m | €0.2m | ▼ 57.1% |
| Deferred charges and accrued income490/1 | - | €0.009m | €0.005m | €0.006m | €0.007m | ▲ 11.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.6m | €5.0m | €5.3m | €5.8m | €6.1m | ▲ 5.3% |
| Equity10/15 | €4.5m | €4.8m | €5.1m | €5.5m | €5.7m | ▲ 3.9% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €4.3m | €4.7m | €5.0m | €5.4m | €5.6m | ▲ 3.9% |
| Non-distributable reserves130/1 | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tax-exempt reserves132 | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | €4.7m | €5.0m | €5.4m | €5.6m | ▲ 4.0% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 41.5% |
| Amounts payable within one year42/48 | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 48.6% |
| Trade debts44 | €0.02m | €0.01m | €0.02m | €0.06m | €0.05m | ▼ 29.2% |
| Suppliers440/4 | - | €0.01m | €0.02m | €0.06m | €0.05m | ▼ 29.2% |
| Advances received on contracts in progress46 | - | - | - | €0.001m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €0.05m | €0.05m | €0.03m | €0.02m | ▼ 41.9% |
| Taxes450/3 | - | €0.05m | €0.04m | €0.03m | €0.02m | ▼ 42.5% |
| Remuneration and social security454/9 | - | €0.001m | €0.002m | €0.001m | €0.001m | ▼ 23.5% |
| Other amounts payable47/48 | - | €0.09m | €0.09m | €0.08m | €0.2m | ▲ 147% |
| Accrued charges and deferred income492/3 | - | €0.03m | €0.03m | €0.04m | €0.04m | ▲ 6.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.4m | €0.3m | €0.4m | €0.3m | ▼ 14.9% |
| + Depreciation and write-downs630 | €0.002m | €0.004m | €0.02m | €0.03m | €0.03m | ▲ 11.9% |
| Operating cash flow (approximation) | €0.5m | €0.4m | €0.3m | €0.4m | €0.4m | ▼ 13.2% |
| Investment in fixed assets (approximation) | - | -€0.1m | -€0.1m | -€0.003m | -€0.02m | ▼ 756% |
| Change in cash | - | -€0.3m | -€2.9m | -€0.1m | -€0.3m | ▼ 221% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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LUC RUANT FASHION
BE 0438.917.773
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DYNAC
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BOELAERT & MOENS
BE 0408.247.561
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Of 686 companies in this sector we hold annual accounts for 517. 140 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
12 eventsLatest 02-02-2026Next filing 31-01-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 2 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €5mEq €5.1m ▲6.7%
5 profitable years in a row build equity to €5.1m.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €448,843 ▲122%
Net result €448,843, the highest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
04-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
2 registers with recognitionsFASFC 1 siteLEI issued
FASFC
1
authorised site
LEI
active
9676000D0A835PIWOR25
Recognitions · licences · registrations
Food safety, FASFC
1 siteGentunit no. 2.011.741.396
Legal Entity Identifier
9676000D0A835PIWOR25
Company details
Public limited company · founded 30-11-1971Year ends 30-06Peppol reachable1 site
Register details
Identification
Legal formPublic limited company
Founded30-11-1971
Fiscal year end30-06
Activities, NACEBEL 2025
46411Wholesale trade
46412Wholesale of household textiles and bedding
46180Agents specialised in the wholesale of other particular products
46851Wholesale of industrial chemicals
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0411652360
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1976
Ground area
5,051 m²
Building footprint
2,224 m²
Volume, LiDAR
15,175 m³
Parcel 44017D0826/00C000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
COBBY'S
since 1976unit no. 2.011.741.396
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0826/00C000 | Flanders | 5,051 m² | 1 · 2,224 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
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