COBELFIN
ActiveCOBELFIN has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €25k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 23% of 12642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+49
Solvency49▼-6
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.68 in 2024; short-term debt: 75.1% and cash: 11.3% of total assets), and 75.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
24.2%
Return on assets
34.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 12642 sector peers (2025).
NBB · sector comparisonPosition among 12642 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
23 d late
2024
15 d early
2023
28 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▲ 2.2%
2024 · €17k
2023: €15k
2024: €17k
2023 → 2025
Total assets
€73k▲ 26.3%
2024 · €58k
2023: €68k
2024: €58k
2023 → 2025
Net result
€25k▲ 700%
2024 · €3k
2023: €13k
2024: €3k
2023 → 2025
Working capital
€-4k▲ 58.8%
2024 · €-10k
2023: €-5k
2024: €-10k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€15k-€17k▲ 15.2%€18k▲ 2.2%
Operating result€20k-€6k▼ 68.3%€36k▲ 475%
Net result€13k-€3k▼ 75.7%€25k▲ 700%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 475% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€22k▼ 37.5%
Current assets
€50k▲ 131%
Equity and liabilities €73k
Equity
€18k▲ 2.2%
Debt
€55k▲ 36.5%
The debt ratio rises from 70.1% to 75.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51k
Cash flow
€40k
Solvency
24.2%▼
2024 · 29.9%
Current ratio
0.92▲
2024 · 0.68
Quick ratio
0.92▲
2024 · 0.68
Debt / equity
3.13▲
2024 · 2.34
ROE
141.1%▲
2024 · 18.0%
ROA
34.2%▲
2024 · 5.4%
Interest coverage
30.07
Debt
€55k▲
2024 · €40k
Debt ≤ 1 year
€55k▲
2024 · €32k
Income taxes
€10k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€58k€73k▲
Fixed assets21/28€36k€22k▼
Tangible fixed assets22/27€36k€22k▼
Land and buildings22€9k€9k▼
Furniture and vehicles24€26k€14k▼
Current assets29/58€22k€50k▲
Amounts receivable within one year40/41€12k€40k▲
Trade receivables40€9k€12k▲
Other amounts receivable41€3k€28k▲
Cash at bank and in hand54/58€7k€8k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€58k€73k▲
Equity10/15€17k€18k▲
Contributions10/11€3k€3k=
Reserves13€14k€14k=
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€278€663▲
Amounts payable17/49€40k€55k▲
Amounts payable after more than one year17€7k-
Other amounts payable178/9€7k-
Amounts payable within one year42/48€32k€55k▲
Trade debts44€249€1k▲
Suppliers440/4€249€1k▲
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Other amounts payable47/48€27k€47k▲
Accrued charges and deferred income492/3€1k€515▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€15k
Other operating charges640/8€1k€886▼
Gross operating margin9900€7k€52k▲
Operating profit (loss)9901€6k€36k▲
Financial income75/76B€94€88▼
Recurring financial income75€94€88▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€5k€35k▲
Income taxes67/77€2k€10k▲
Profit (loss) for the period9904€3k€25k▲
Profit (loss) for the period to be appropriated9905€3k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€25k▲
Profit (loss) brought forward from the previous period14P-€278
Transfer to equity691/2€2k-
To other reserves6921€2k-
Profit to be distributed694/7€833€25k▲
Return on contributions (dividend)694€833€25k▲
The notes to these accounts (5 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
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
31-12
Financial
Highest result since 2023net €25k ▲700%
Operating result €36k, net result €25k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €3k ▼75.7%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Perwez · 1 establishment unit since 2022
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.
Rue du Culot 571360 PerwezGround area
2,528 m²
Building footprint
238 m²
Volume, LiDAR
1,089 m³
Parcel 25100C0066/00E000, Wallonia · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COBELFIN
since 20222.339.312.079
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25100C0066/00E000 | Wallonia | 2,528 m² | 1 · 238 m² | 6.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,265 companies in sector 69209 we hold annual accounts for 1,096. 573 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2022
Fiscal year end31-12
Activities, NACEBEL
69201Accountants
69209Other tax advisory services
69202Legal and accounting activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.