COBEA COOP
ActiveSummary
COBEA COOP has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €6k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 45% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+5
Solvency80▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 4.46 against 4.27 in 2024; short-term debt: 21.4% and cash: 44.1% of total assets), and 45.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
54.6%
Return on assets
7.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €45k
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
14 d early
2023
20 d early
2022
38 d early
2021
31 d early
2020
22 d early
2019
109 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6k▲ 142%
2024 · €3k
2018: €5k
2019: €16k
2020: €590
2021: €9k
2022: €815
2023: €-26k
2024: €3k
2018 → 2025
Working capital
€61k▲ 26.8%
2024 · €48k
2018: €29k
2019: €55k
2020: €64k
2021: €37k
2022: €39k
2023: €23k
2024: €48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€67k▲ 8.1%€35k▼ 47.1%€38k▲ 8.9%€45k▲ 16.6%
Operating result€11k-€2k▼ 81.4%€-25k€3k€7k▲ 112%
Net result€9k-€815▼ 91.2%€-26k€3k€6k▲ 142%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 112% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€4k ▼ 60.5%
Current assets
€78k ▲ 25.1%
Equity and liabilities €82k
Equity
€45k ▲ 16.6%
Debt
€37k ▲ 10.5%
Debt's share of the balance-sheet total falls from 46.7% to 45.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2024 · €12k
Cash flow
€12k▲
2024 · €12k
Current ratio
4.46▲
2024 · 4.27
Debt to equity
0.83▼
2024 · 0.88
ROE
14.3%▲
2024 · 6.9%
ROA
7.8%▲
2024 · 3.7%
Interest coverage
34.98▲
2024 · 20.01
Debt ≤ 1 year
€18k▲
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€72k€82k▲
Fixed assets21/28€10k€4k▼
Intangible fixed assets21€4k€234▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€63k€78k▲
Amounts receivable within one year40/41€23k€29k▲
Trade receivables40€23k€29k▲
Other amounts receivable41-€43
Cash at bank and in hand54/58€31k€36k▲
Deferred charges and accrued income490/1€9k€13k▲
Equity and liabilities
Total equity and liabilities10/49€72k€82k▲
Equity10/15€38k€45k▲
Contributions10/11€50k€50k=
Reserves13€174€174=
Distributable reserves133€174€174=
Profit (loss) carried forward14€-12k€-5k▲
Amounts payable17/49€34k€37k▲
Amounts payable within one year42/48€15k€18k▲
Trade debts44€12k€15k▲
Suppliers440/4€12k€15k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€19€25▲
Accrued charges and deferred income492/3€19k€20k▲
Income statement
Code20242025
Non-recurring operating income76A-€319
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€6k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€586
Non-recurring operating charges66A€127€1k▲
Gross operating margin9900€12k€14k▲
Operating profit (loss)9901€3k€7k▲
Financial income75/76B€126€106▼
Recurring financial income75€126€106▼
Financial charges65/66B€616€356▼
Recurring financial charges65€616€356▼
Profit (loss) for the period before taxes9903€3k€6k▲
Income taxes67/77€2-
Profit (loss) for the period9904€3k€6k▲
Profit (loss) for the period to be appropriated9905€3k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-5k▲
Profit (loss) brought forward from the previous period14P€-14k€-12k▲
The notes to these accounts (8 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-26k ▼3293%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 109 days late
2019
31-12
Financial
Highest result since 2018net €16k ▲259%
Operating result €17k, net result €16k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 1988
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.
Coenraetsstraat 721060 Sint-Gillis (bij-Brussel)Ground area
530 m²
Building footprint
220 m²
Volume, LiDAR
2,551 m³
2 parcels, Brussels · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Emile Feronstraat 70, 1060 Sint-Gillis (bij-Brussel)
since 19882.034.024.870
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0354/00D015 | Brussels | 314 m² | 1 · 106 m² | 15.3 m · 4 fl. |
| 21562A0354/00C012 | Brussels | 216 m² | 1 · 114 m² | 16.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 6,745 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded12-02-1988
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
70200Business and other management consultancy
73300Public relations and communication consultancy
74120Graphic design and visual communication
85592Vocational training
85599Other education
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.