Cobhouse
ActiveCobhouse has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €74k. Equity is shrinking by ~17.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 14% of 7723 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+34
Solvency28▲+13
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.58 against 0.61 in 2024; short-term debt: 37.4% and cash: 11.9% of total assets), and 97.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
2.6%
Return on assets
17.7%
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 14% of 7723 sector peers (2025).
NBB · sector comparisonPosition among 7723 sector peers
Solvency
better than 14%
← weakest
strongest →
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 24-02-2026, 157 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
157 d early
2024
27 d early
2023
7 d late
2022
27 d early
2021
1 d late
2020
2 d early
2019
16 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k
2024 · €-38k
2018: €-14k
2019: €-17k
2020: €-21k
2021: €-25k
2022: €-30k
2023: €-64k
2024: €-38k
2018 → 2025
Total assets
€420k▲ 14.0%
2024 · €368k
2018: €131k
2019: €393k
2020: €371k
2021: €323k
2022: €325k
2023: €332k
2024: €368k
2018 → 2025
Net result
€74k▲ 189%
2024 · €26k
2018: €-6k
2019: €-3k
2020: €-4k
2021: €-4k
2022: €-5k
2023: €-34k
2024: €26k
2018 → 2025
Working capital
€-66k▼ 112%
2024 · €-31k
2018: €-14k
2019: €122k
2020: €121k
2021: €-150k
2022: €-153k
2023: €38k
2024: €-31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-25k-€-30k▼ 21.5%€-64k▼ 113%€-38k▲ 40.3%€11k
Operating result€-228-€-2k▼ 574%€-18k▼ 1,091%€40k€78k▲ 94.5%
Net result€-4k-€-5k▼ 35.9%€-34k▼ 539%€26k€74k▲ 189%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 95% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €420k
Fixed assets
€329k▲ 2.5%
Current assets
€91k▲ 91.5%
Equity and liabilities €420k
Equity
€11k
Debt
€409k
Debt finances 97.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€94k▲
2024 · €50k
Cash flow
€90k▲
2024 · €35k
Solvency
2.6%▲
2024 · -10.3%
Current ratio
0.58▼
2024 · 0.61
Quick ratio
0.58▼
2024 · 0.61
Debt / equity
36.90▲
2024 · -10.68
ROE
669.0%
ROA
17.7%▲
2024 · 7.0%
Interest coverage
10.48▲
2024 · 3.51
Debt
€409k▲
2024 · €406k
Debt ≤ 1 year
€157k▲
2024 · €79k
Debt > 1 year
€230k▼
2024 · €301k
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€368k€420k▲
Fixed assets21/28€321k€329k▲
Tangible fixed assets22/27€71k€79k▲
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€65k€51k▼
Other tangible fixed assets26-€21k
Financial fixed assets28€250k€250k=
Current assets29/58€48k€91k▲
Amounts receivable within one year40/41€45k€41k▼
Trade receivables40€17k€8k▼
Other amounts receivable41€28k€33k▲
Cash at bank and in hand54/58€2k€50k▲
Deferred charges and accrued income490/1€254€558▲
Equity and liabilities
Total equity and liabilities10/49€368k€420k▲
Equity10/15€-38k€11k▲
Contributions10/11€6k€6k=
Reserves13€2k€5k▲
Distributable reserves133€2k€5k▲
Profit (loss) carried forward14€-46k-
Amounts payable17/49€406k€409k▲
Amounts payable after more than one year17€301k€230k▼
Other amounts payable178/9€301k€230k▼
Amounts payable within one year42/48€79k€157k▲
Trade debts44€811€2k▲
Suppliers440/4€811€2k▲
Advances received on contracts in progress46€52k€120k▲
Taxes, remuneration and social security45€1k€9k▲
Taxes450/3€1k€9k▲
Other amounts payable47/48€25k€26k▲
Accrued charges and deferred income492/3€27k€21k▼
Income statement
Code20242025
Non-recurring operating income76A-€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€16k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€5k-
Gross operating margin9900€56k€95k▲
Operating profit (loss)9901€40k€78k▲
Financial income75/76B€31€5k▲
Recurring financial income75€31€5k▲
Non-recurring financial income76B-€5k
Financial charges65/66B€14k€9k▼
Recurring financial charges65€14k€9k▼
Profit (loss) for the period before taxes9903€26k€74k▲
Income taxes67/77€250-
Profit (loss) for the period9904€26k€74k▲
Profit (loss) for the period to be appropriated9905€26k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€28k▲
Profit (loss) brought forward from the previous period14P€-72k€-46k▲
Transfer to equity691/2-€3k
To other reserves6921-€3k
Profit to be distributed694/7-€25k
Return on contributions (dividend)694-€25k
The notes to these accounts (6 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
24-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €74k ▲189%
Operating result €78k, net result €74k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €26k
Net result €26k after 6 loss-making years.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
2023
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 23current ratio 7.61
Current ratio from 0.33 to 7.61; short-term debt falls from €228k to €6k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
12-02-2026
COBBAERT Axel Hubert Peter: Resigned as Director
31-12-2013
COBBAERT Erik: Resigned as Manager
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2006
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.
Binnenhof 132930 BrasschaatGround area
2,014 m²
Building footprint
240 m²
Volume, LiDAR
1,234 m³
Parcel 11322E0076/00D000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COBHOUSE
since 20062.151.277.282
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0076/00D000 | Flanders | 2,014 m² | 1 · 240 m² | 7.7 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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Verlinden Project Coördinatie
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Steinbukk
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SARJEVANE
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Of 24,501 companies in sector 82990 we hold annual accounts for 9,402. 4,731 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-11-2005
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.