COBECO
ActiveSummary
COBECO has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €518,419 and a net result of -€48,505. Equity has been shrinking by about 12% per year since 2018. Its solvency ranks better than 91% of 2,799 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 11-10-1991 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 2 others
- Joint committees
- 124 Paritair Comité voor het bouwbedrijf
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.054.760.403 9300 Aalst, since 30-10-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 29-08-2023
Board and ownership
- VANBESIEN NinoDirector
- Nijs EllenDirector
- Nino Vanbesien100%annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €73,387
- ▼ 56.1%
- Turnover
- ≈ €300,000
- estimated
- Loss
- €48,505
- ▼ 46.9%
- Equity
- €518,419
- ▼ 8.6%
- Total assets
- €604,881
- ▼ 14.2%
- Employees on 31-12-2025
- 2
- =
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLoss of €48,505, the second in a row (financial year 2025)Last filed accounts filed 31 days late; 2 of the last 3 accounts lateSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 7.37, cash €199,317Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 92% of them on solvency, 91% on liquidity, 13% on profitability and 26% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Purpose change · Amendment of the articles“Alarmsystemen: Het ontwerpen, leveren, plaatsen, aansluiten, programmeren en onderhouden van elektronische…” (deed in Dutch)
- · Gazette deed Resignation: AB Secudoor BV (director)Appointment: Nijs Ellen (director) · Director discharge: AB Secudoor BV
- · Gazette deed Appointment: AB Secudoor BV (director)Permanent representative: Nijs Ellen
Comparable companies
These companies have the same main activity as COBECO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €545,000 and €742,000, founded between 1975 and 2000.
| Company | Total assets | Gross margin |
|---|---|---|
| COBECO Aalst | €604,881 | €73,387 |
| MAREEN Gavere | €672,739 | €101,304 |
| VERIBOUW Pajottegem | €730,921 | €111,230 |
| DELODDER - DE NYS - AANNEMERS BOUWWERKEN Zulte | €742,466 | €123,564 |
| Bouwwerken Rimbaut Constructions Oudenaarde | €600,514 | €124,874 |
| WONIBOUW Assenede | €545,210 | €127,662 |
| HEMABO Hasselt | €607,918 | €96,204 |
Key facts about COBECO
- What is the company number of COBECO?
- The company number of COBECO is 0445.429.938. The VAT number is the same number with BE in front: BE 0445.429.938.
- Where is COBECO based?
- The registered office is at Gustaaf Papestraat 51, 9300 Aalst.Company details
- What does COBECO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of COBECO?
- The legal form of COBECO is Private limited company (BV).
- When was COBECO founded?
- COBECO was founded on 11-10-1991.
- Is COBECO still active?
- Yes, COBECO is an active enterprise in the KBO register.
- How many employees does COBECO have?
- COBECO had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does COBECO fall under?
- In its 2025 annual accounts, COBECO states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of COBECO?
- The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €73,387 and 40 comparable companies (NACE 41001). It probably lies between €200,000 and €430,000.
- Is COBECO profitable?
- In financial year 2025, COBECO made a loss of €48,505.
- Where can I find the annual accounts of COBECO?
- COBECO filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COBECO due?
- COBECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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