Equity
€2.1m ▲ 12.3%
COBEL has made a profit without a break since 2009.
COBEL
Lifetime
19 annual accounts with figures on one time axis, 39 filings since 1987peak €1.2m (2025)
€1.2m▲ 25.3%
lowest -€109 (2008)
€229,195▲ 35.6%
peak €2.1m (2025)
€2.1m▲ 12.3%
€1.8m▲ 45.6%
peak 4.1 FTE (2025)
4.1 FTE▲ 13.9%
Board8 names since 2019
7 directors and 6 others
Documentsfilings and deeds
28-02-202628 days late
2025abbreviated format
Gross margin from €928,341 to €1.2mResult from €168,984 to €229,195Staff from 3.6 FTE to 4.1 FTEEquity from €1.8m to €2.1mDebts from €1.3m to €1.8mInvestments €1.2m
Key points
from the 2025 annual accountsDebts
€1.8m ▲ 45.6%
Debts rose by €570,889 in 2025.
Investments
€1.4m 2.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 43.3% higher than in 2024.
Staff
6 employees on 30-06-2025
In 2025, 4 people joined and 3 left.
Filings
39 annual accounts since 1987
Eight of the last ten came late. The 2023 accounts came latest: 29 days after the end of the period.
Position in the sector
€2.1m
More equity than 86% of companies in wholesale trade. Sector median €493,293 · 10,738 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as COBEL has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,386 companies, not a prediction for COBEL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director
Director
Director
Director
Director
Director
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0428075351
3 directors resigning, 4 reappointments
Change of role: , from director to managing director · Resignations: , and · Reappointments: , , and · General meeting of 11-12-2023 · Gazette deed
Appointment: (director)
General meeting of 27-04-2022 · Gazette deed
1 director appointed, 2 reappointments
Reappointments: and (administrateuretadministrateurdélégué) · Appointment: · General meeting of 21-12-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COBEL Ath | €3.9m | €1.2m | 52.3% | 4.1 |
| JAN HERMANS PIGEONS Zandhoven | €3.3m | €1.6m | 90.4% | 4 |
| DEWYSE EN CO Houthulst | €4.1m | €1.8m | 54.6% | 2.5 |
| HINDRYCKX J. KALVERHANDEL Ichtegem | €5.7m | €1.1m | 35.9% | 4.5 |
| OCEAN NUTRITION EUROPE Essen | €3.6m | €1.1m | 63.1% | 7.3 |
| VION FARMING BELGIE Zottegem | €2.3m | €0.8m | 61.7% | 4.4 |
| DECOSTER Torhout | €4.9m | €1.0m | 22.9% | 1.5 |
These companies have the same main activity as COBEL: wholesale of live animals (NACE 46231). They are comparable in size and age: total assets between €2.3m and €5.7m, founded between 1983 and 1994.
Official details
Source: KBO- Status
- Active since 09-11-1985Normal situation
- Activity
- Wholesale of live animalsNACE 46231and 1 other
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 30-06-2025
- Establishment unit
- 2.068.647.0417812 Ath, since 19-10-1994
- Financial year end
- 30 June
- Peppol
- Reachable since 03-02-2026
Annual accounts to 30-06-2025
- ≈ €4.9mestimated
- €3.9m▲ 25.7%
- Employeeson 30-06-2025
- 6▲ 20.0%
- Filing
- Filed on 28-02-2026
Insights on COBEL
COBEL files the abbreviated format. That format states no turnover. The gross margin rose from €243,866 in 2007 to €1.2m in 2025.
In December 2023, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COBEL
- What is the company number of COBEL?
- The company number of COBEL is 0428.075.351. The VAT number is the same number with BE in front: BE 0428.075.351.
- Where is COBEL based?
- The registered office is at Route de Frasnes 237, 7812 Ath.Company details
- What does COBEL do?
- According to the KBO register, the main activity is wholesale of live animals (NACE 46231).
- What is the legal form of COBEL?
- COBEL is a public limited company (NV).
- When was COBEL founded?
- COBEL was founded on 09-11-1985.
- Is COBEL still active?
- Yes, COBEL is an active enterprise in the KBO register.
- How many employees does COBEL have?
- COBEL had an average of 4.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does COBEL fall under?
- In its 30-06-2025 annual accounts, COBEL states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of COBEL?
- The turnover in financial year 2025 is ≈ €4.9m. This figure is estimated from the gross margin of €1.2m and 98 comparable companies (NACE 46). It probably lies between €2.9m and €8.3m.
- Is COBEL profitable?
- In financial year 2025, COBEL made a profit of €229,195.
- Where can I find the annual accounts of COBEL?
- COBEL filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COBEL due?
- COBEL must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.