COBELMAR
ActiveThe computed 12-month bankruptcy probability of COBELMAR is 2.8% (moderate). The 2024 annual accounts show negative equity (€-16k) and a net result of €1k. Equity is shrinking by ~30% per year across the filed fiscal years. Its solvency ranks better than 9% of 9518 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+55
Solvency0=
Growth72=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.73 against 0.71 in 2023; short-term debt: 136.2% and cash: 50.7% of total assets), and equity is negative.
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
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-36.2%
Return on assets
2.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 9518 sector peers (2024).
NBB · sector comparisonPosition among 9518 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-07-2025, 10 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
10 d early
2023
31 d late
2022
1 d late
2021
79 d late
2020
325 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€20k▲ 1,298%
2022 · €1k
2021: €346
2022: €1k
2021 → 2023
EBIT margin
-18.0%▲ 430.4pp
2022 · -448.4%
2021: -1285.8%
2022: -448.4%
2021 → 2023
Net result
€1k
2023 · €-4k
2020: €-9k
2021: €-4k
2022: €-7k
2023: €-4k
2020 → 2024
Working capital
€-17k▲ 8.1%
2023 · €-18k
2020: €-3k
2021: €-8k
2022: €-14k
2023: €-18k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€346€1k▲ 323%€20k▲ 1,298%
Equity€-3k-€-7k▼ 174%€-14k▼ 93.8%€-17k▼ 27.3%€-16k▲ 6.3%
Operating result€-9k-€-4k▲ 48.0%€-7k▼ 47.3%€-4k▲ 44.0%€1k
Net result€-9k-€-4k▲ 47.6%€-7k▼ 47.6%€-4k▲ 43.7%€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1k after a loss of €4k in 2023, the highest result in the available series.
Key figures and ratios
EBITDA
€2k
Cash flow
€1k
Solvency
-36.2%▲
2023 · -37.9%
Current ratio
0.73▲
2023 · 0.71
Quick ratio
0.44▲
2023 · 0.36
Debt / equity
-3.76▼
2023 · -3.64
ROA
2.4%▲
2023 · -8.1%
Interest coverage
26.07
Debt
€61k▼
2023 · €63k
Debt ≤ 1 year
€61k▼
2023 · €63k
Income taxes
€274
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€46k€45k▼
Formation expenses20€770€385▼
Current assets29/58€45k€45k▼
Stocks and contracts in progress3€23k€18k▼
Stocks30/36€23k€18k▼
Amounts receivable within one year40/41€4k€4k▲
Trade receivables40€801€3k▲
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€19k€23k▲
Equity and liabilities
Total equity and liabilities10/49€46k€45k▼
Equity10/15€-17k€-16k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-23k€-22k▲
Amounts payable17/49€63k€61k▼
Amounts payable within one year42/48€63k€61k▼
Trade debts44€41k€40k▼
Suppliers440/4€41k€40k▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€274▼
Remuneration and social security454/9-€1k
Other amounts payable47/48€21k€20k▼
Income statement
Code20232024
Turnover70€20k-
Goods, raw materials, services and sundry goods60/61€24k€13k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€385
Gross operating margin9900€-4k€2k▲
Operating profit (loss)9901€-4k€1k▲
Financial charges65/66B€60€70▲
Recurring financial charges65€60€70▲
Profit (loss) for the period before taxes9903€-4k€1k▲
Income taxes67/77-€274
Profit (loss) for the period9904€-4k€1k▲
Profit (loss) for the period to be appropriated9905€-4k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-22k▲
Profit (loss) brought forward from the previous period14P€-20k€-23k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after 4 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 325 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, Brussel · 2 establishment units since 2019
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.
Louizalaan 541050 BrusselGround area
6,093 m²
Building footprint
2,654 m²
Volume, LiDAR
52,697 m³
2 parcels, Brussels, Flanders · tallest building 33.9 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
Louizalaan 54, 1050 Brussel
since 20192.295.159.065
COBELMAR
since 20202.298.775.779
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078A0367/00E000 | Flanders | 4,468 m² | 1 · 1,368 m² | 20.0 m · 5 fl. |
| 21807G0001/00L000 | Brussels | 1,625 m² | 1 · 1,286 m² | 33.9 m · 9 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZaventem2.298.775.779
Similar companies · same sector and region
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ASHWANI AND SONS INTERNATIONAL
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B.C.D. EXPRESS
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 11,221 companies in sector 82100 we hold annual accounts for 3,511.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-10-2019
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
46170Agents in the wholesale of food, beverages and tobacco
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.
Contact details
2 entriesE-mail:aelhajji@cobelmar.com
Phone:+32466256515