Checked.be
Active
BE 0768.385.302Private limited company
COBIM
Place Antoine Ernst 13 ·4880 Aubel, Belgium· 5 yrs active
Sector: Property management for co-owned buildings (syndics)
(68321)
Conclusion
COBIM has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €20k. Equity is growing by ~47.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 13655 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €101k |
| Net result | €20k |
| Staff (FTE) | 0.8 |
| Better than sector | 38% |
Financial profile
68
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
48
Profitability
100
Solvency
22
Growth
78
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
48
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€5k
estimate, not credit advice
Score history
81
2021
48
2022
66
2023
89
2024
48
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.99 (< 1.0)
-10
Leverage
Debt/equity 5.06 (> 3.0)
-10
Profitability
ROE 20% (≥ 10%)
+10
Interest coverage
Interest coverage 5.4× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Net result: growth of ~11.7%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 16.5% | 29.8% | |
| Net result | €20k | €6k | |
| Equity | €101k | €78k | |
| Gross operating margin | €89k | €41k | |
| Staff costs | €13k | €28k |
€73k
-42.8%
21-25
€20k
-74.7%
21-25
€51k
-48.8%
21-25
€611k
+130.3%
21-25
€101k
+8.8%
21-25
€-1k
-
21-25
1
-20.0%
21-25
€13k
-17.5%
21-25
€9k
-66.9%
21-25
€12k
-65.4%
21-25
€510k
+195.5%
21-25
€106k
-9.6%
21-25
€403k
+631.4%
21-25
0.99
-25.1%
21-25
0.99
-25.1%
21-25
16.5%
-52.7%
21-25
5.06
+171.5%
21-25
20.2%
-76.8%
21-25
3.3%
-89.0%
21-25
5.39
-90.7%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €73k | €127k | €45k | €24k | €26k |
| Net profit | €20k | €81k | €18k | €10k | €19k |
| Cash flow | €51k | €99k | €35k | €18k | €21k |
| Staff costs | €13k | €15k | €11k | - | - |
| Income taxes | €9k | €26k | €8k | €5k | €5k |
| Dividends | €12k | €35k | €3k | - | - |
| Total assets | €611k | €265k | €179k | €178k | €47k |
| Equity | €101k | €93k | €47k | €32k | €22k |
| Debt | €510k | €173k | €132k | €146k | €26k |
| of which ≤ 1y | €106k | €118k | €56k | €49k | €26k |
| of which > 1y | €403k | €55k | €76k | €97k | - |
| Working capital | €-1k | €37k | €-1k | €-17k | €7k |
| Employees (FTE) | 0.8 | 1.0 | 1.0 | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.99 | 1.32 | 0.97 | 0.65 | 1.28 |
| Quick ratio | 0.99 | 1.32 | 0.97 | 0.65 | 1.28 |
| Working capital ratio | -0.2% | 14.1% | -0.8% | -9.7% | 15.4% |
| Solvency | 16.5% | 34.9% | 26.4% | 17.9% | 45.9% |
| Debt / equity | 5.06 | 1.86 | 2.79 | 4.59 | 1.18 |
| Long-term debt ratio | 4.00 | 0.59 | 1.61 | 3.05 | - |
| Interest coverage | 5.39 | 57.94 | 17.60 | 21.92 | 1214.42 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 3.3% | 30.4% | 10.3% | 5.7% | 39.5% |
| ROE | 20.2% | 87.1% | 39.0% | 32.1% | 86.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €611k | €265k | €179k | €178k | €47k |
| Fixed assets | 21/28 | €506k | €110k | €125k | €146k | €14k |
| Intangible fixed assets | 21 | €90k | €103k | €116k | €130k | - |
| Tangible fixed assets | 22/27 | €416k | €7k | €9k | €17k | €14k |
| Current assets | 29/58 | €105k | €155k | €54k | €32k | €33k |
| Amounts receivable within one year | 40/41 | €11k | €101k | €22k | €2k | €12k |
| Cash & bank | 54/58 | €93k | €49k | €24k | €29k | €20k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €611k | €265k | €179k | €178k | €47k |
| Equity | 10/15 | €101k | €93k | €47k | €32k | €22k |
| Contributions / capital | 10/11 | €3k | €3k | €3k | €3k | €3k |
| Reserves | 13 | €13k | €13k | €13k | €5k | - |
| Accumulated profits (losses) | 14 | €85k | €77k | €32k | €24k | €19k |
| Amounts payable | 17/49 | €510k | €173k | €132k | €146k | €26k |
| Amounts payable after one year | 17 | €403k | €55k | €76k | €97k | - |
| Amounts payable within one year | 42/48 | €106k | €118k | €56k | €49k | €26k |
| Trade debts payable within one year | 44 | €20k | €16k | €5k | €2k | €278 |
| Income statement | ||||||
| Gross operating margin | 9900 | €89k | €144k | €65k | €25k | €27k |
| Operating result | 9901 | €43k | €109k | €29k | €16k | €24k |
| Financial charges | 65 | €13k | €2k | €3k | €1k | €22 |
| Result before taxes | 9903 | €29k | €107k | €26k | €15k | €24k |
| Income taxes | 67/77 | €9k | €26k | €8k | €5k | €5k |
| Net result for the period | 9904 | €20k | €81k | €18k | €10k | €19k |
| Result to be appropriated | 9905 | €20k | €81k | €18k | €10k | €19k |
Legal Structure
| NACE primary | Property management for co-owned buildings (syndics)(68321) |
| Legal form | Private limited company(610) |
| Incorporation | 12-05-2021 |
| Status | Active |
| Postal code | 4880 |
Establishment units
COBIM
since 20212.317.173.909
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63003B0593/00G000 | Wallonia | 1,023 m² | 1 · 692 m² | 19.4 m · 5 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Equity above €100kEq €101k ▲8.8%
5 profitable years in a row build equity to €101k.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €81k ▲338%
Operating result €109k, net result €81k, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €10k ▼45%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Real estate agency activities68310Real estate activities68311Property management for co-owned buildings (syndics)68321Real estate activities68322Video and film production, excluding cinema and television films59113Photography, excluding press photography74201
Names & trade names
| Legal nameFR | COBIM |
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