COBELAL
ActiveSummary
COBELAL has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36.7m and a net result of €2.1m. Equity has been shrinking by about 4.9% per year since 2018. Its solvency ranks better than 70% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 30-07-1971 Normal situation
- Activity
- Wholesale trade NACE 46610and 13 others
- Joint committees
- 149.04 Paritair Subcomité voor de metaalhandel
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment units
- 2.006.086.593 3012 Leuven, since 15-10-1993
- 2.276.882.483 2170 Antwerpen, since 07-06-2018and 11 others
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Board and ownership
Board
- AGRI INVESTDirector · since 02-04-2024 · permanent representative Kris Moerman
- Arvesta BelgiumDirector · since 01-04-2026 · permanent representative Jurgen Van Eetvelde
- Auditor
- Ernst & Young Bedrijfsrevisoren BV
Shareholders
- Arvesta100%· score 90annual accounts 2025
- Holdings
- Shares in 8 companies including CERTIPLANT and COFABEL
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Turnover
- €110.0m
- ▼ 7.5%
- Profit
- €2.1m
- Equity
- €36.7m
- ▲ 6.2%
- Total assets
- €57.5m
- ▲ 16.8%
- Employees on 31-12-2025
- 31
- ▼ 13.9%
Score breakdownraises riskLiquidity: current ratio 2.06, cash €266,153lowers riskFounded in 1971Size: turnover €110.0m, 32.9 FTE, total assets €57.5mEquity €36.7m (63.8% of total assets)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency
89-6
equity 63.8% of total assets
Liquidity
35-42
short-term debt 35.1% · cash 0.5%
Profitability
60+30
return on assets 3.7%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025highest value
06-2025: 0.2%● unchanged vs 05-2025highest value
07-2025: 0.2%● unchanged vs 06-2025highest value
08-2025: 0.2%● unchanged vs 07-2025highest value
09-2025: 0.2%● unchanged vs 08-2025highest value
10-2025: 0.2%● unchanged vs 09-2025highest value
11-2025: 0.2%● unchanged vs 10-2025highest value
12-2025: 0.2%● unchanged vs 11-2025highest value
01-2026: 0.2%● unchanged vs 12-2025highest value
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.1%▼ -0.1 percentage points vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €3,300,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.06 (2.89 in 2024), above the usual 1.5. Short-term debt is 35.1% and cash 0.5% of total assets. 36.2% of the assets are financed with debt and provisions.
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 46, small). It does better than 73% of them on solvency, 36% on liquidity, 44% on profitability and 40% on growth.
The bankruptcy probability was computed on 02-11-2026 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
Five signals.
lowers riskraises riskneutral
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 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
94 days early
2024
20 days early
2023
96 days early
2022
98 days early
2021
89 days early
2020
100 days early
2019
66 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 80 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Positive: Back in profit in 2025after a loss of €236,194 in 2024 €2.1m View
- Positive: More equity than 95% of companies in wholesale tradesector median €1.6m · 6,104 companies €36.7m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Board changedlatest change 01-04-2026 · 2 in office 1 joined · 1 left View
Recent changes
- · Gazette deed Resignation: Paul Deleu (bestuurder)Appointment: Arvesta Belgium (director) · Permanent representatives: Jurgen Van Eetvelde and Kris Moerman · Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
- · Gazette deed Permanent representatives: Wim Van Gasse and Kris MoermanResignation: Ernst & Young Bedrijfsrevisoren BV (statutory auditor) · Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
- · Gazette deed Reappointments: Paul Deleu (director) and Ernst & Young Bedrijfsrevisoren BV (statutory auditor)Resignation: Fresa Invest BV (director) · Permanent representatives: Niek Depoorter, Kris Moerman and Wim Van Gasse · Appointment: Agri Invest BV (director)
Companies linked to COBELAL
Subsidiaries and holdings
- BELCROP99%
- AVEVE BIOCHEM0.01%
- HORTIPLAN0.01%
- Willem Spoormans0.01%
Comparable companies
These companies have the same main activity as COBELAL: wholesale trade (NACE 46610). They are comparable in size and age: total assets between €19m and €69m, founded between 1968 and 1985.
| Company | Total assets | Turnover |
|---|---|---|
| COBELAL Leuven | €57.5m | €110.0m |
| Ets JOSKIN Soumagne | €68.6m | €178.9m |
| Firma Beel Wortegem-Petegem | €46.3m | €79.9m |
| HERMANS HEFTRUCKS Rijkevorsel | €34.0m | €22.9m |
| HILAIRE VAN DER HAEGHE Antwerpen | €63.9m | €122.7m |
| TORO EUROPE Westerlo | €19.4m | €39.3m |
| ANDREAS STIHL Puurs-Sint-Amands | €43.8m | €183.7m |
Key facts about COBELAL
- What is the company number of COBELAL?
- The company number of COBELAL is 0408.456.706. The VAT number is the same number with BE in front: BE 0408.456.706.
- Where is COBELAL based?
- The registered office is at Aarschotsesteenweg 84, 3012 Leuven.Company details
- What does COBELAL do?
- According to the KBO register, the main activity is wholesale trade (NACE 46610).
- What is the legal form of COBELAL?
- The legal form of COBELAL is Private limited company (BV).
- When was COBELAL founded?
- COBELAL was founded on 30-07-1971.
- Is COBELAL still active?
- Yes, COBELAL is an active enterprise in the KBO register.
- How many employees does COBELAL have?
- COBELAL had an average of 32.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does COBELAL fall under?
- In its 2025 annual accounts, COBELAL states joint committees 149.04 (Paritair Subcomité voor de metaalhandel) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of COBELAL?
- The turnover of COBELAL was €110.0m in financial year 2025, according to the filed annual accounts.
- Is COBELAL profitable?
- In financial year 2025, COBELAL made a profit of €2.1m.
- Where can I find the annual accounts of COBELAL?
- COBELAL filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COBELAL due?
- COBELAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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