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COBE

Active
Public limited companyfounded 1985active for 41 yearsBethaniëlei 59, 2970 Schilde, BelgiumKBO/BCE: BE 0427.576.097
Summary

The computed 12-month bankruptcy probability of COBE is 6.2% (elevated). For COBE, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €138,830 and a net result of -€24,061. Equity is shrinking by about 9.5% per year across the filed financial years. The company has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€426,240total assets 2022
Equity
€138,830
Loss
-€24,061
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
6.2%
2022 figures too old to score
Structure
Accounts 810 days overdue0 of 2 deeds read
Signalsraises riskFigures for financial year 2022 (filed 12-01-2024)3 financial years not filed after the legal deadline; latest accounts 164 days late; 3 of the last 3 lateTwo or more financial years not filedFiled more than 90 days latelowers riskSize: total assets €426,240Liquidity: current ratio 0.61, cash €175,122Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Average
Solvency 58-25
equity 32.6% of total assets
Liquidity 64+30
short-term debt 67.4% · cash 41.1%
Profitability 38-23
return on assets -5.6%
Bankruptcy probability, 12 months
6.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.3%lowest value 12-2024: 2.9%▲ +0.6 percentage points vs 11-2024 01-2025: 5.4%▲ +2.5 percentage points vs 12-2024 02-2025: 5.4%● unchanged vs 01-2025 03-2025: 5.7%▲ +0.3 percentage points vs 02-2025 04-2025: 5.4%▼ -0.3 percentage points vs 03-2025 05-2025: 5.4%● unchanged vs 04-2025 06-2025: 5.4%● unchanged vs 05-2025 07-2025: 5.4%● unchanged vs 06-2025 08-2025: 5.9%▲ +0.5 percentage points vs 07-2025 09-2025: 5.9%● unchanged vs 08-2025 10-2025: 5.9%● unchanged vs 09-2025 11-2025: 5.9%● unchanged vs 10-2025 12-2025: 5.9%● unchanged vs 11-2025 01-2026: 5.9%● unchanged vs 12-2025 02-2026: 6.6%▲ +0.7 percentage points vs 01-2026highest value 03-2026: 6.6%● unchanged vs 02-2026highest value 04-2026: 6.6%● unchanged vs 03-2026highest value 05-2026: 6.6%● unchanged vs 04-2026highest value 06-2026: 6.6%● unchanged vs 05-2026highest value 07-2026: 6.6%● unchanged vs 06-2026highest value 08-2026: 6.4%▼ -0.2 percentage points vs 07-2026 09-2026: 6.4%● unchanged vs 08-2026 10-2026: 6.2%▼ -0.2 percentage points vs 09-2026
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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2022 (filed 12-01-2024)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 164 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €426,240
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.61, cash €175,122
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline19-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-01-2024, 164 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
164 days late
2021
51 days late
2020
122 days late
2018
121 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 115 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2022 · micro…
  2. Weakest financial yearnet -€24,061
  3. Annual accounts filedfinancial year 2021 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 810 days late View
  • Risk: 4 loss-making years in a rowloss financial year 2022 -€24,061 View
  • Active since 1985founded 26-06-1985 41 years View

By topic

Financials

Financial year
2022
Total assets
€426,240
Loss
-€24,061
Solvency
32.6%
Total assets▲ 51.0%
Net result
20182022
Go to Financials

Timeline

Events
30
Since
1987
  1. 30-11-2021Annual accounts filed
  2. 29-11-2019Annual accounts filed
  3. 24-11-2018Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
26-06-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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