COBIMMO
ActiveSummary
COBIMMO has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €135,458 and a net result of €7,300. Equity is growing by about 4.2% per year across the filed financial years. Its solvency ranks better than 72% of 5,765 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €135,458
- Profit
- €7,300
- Ann DesleeDirector
- Jean-Paul CobbaertManaging director
Why 95raises riskLiquidity: current ratio 11.72, cash €2,177lowers riskFounded in 1989Figures for financial year 2025 (filed 13-07-2026)Size: total assets €201,665Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 76% on solvency, 57% on liquidity, 40% on profitability and 60% on growth.
The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 20 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Appointments: Jean-Paul Cobbaert (director) and Ann…Gazette deed
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,042 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €2,511 | €2,567 | €3,033 | €3,341 | €3,155 | ▼ 5.6% |
| Gross operating margin9900 | €10,408 | €10,583 | €13,709 | €13,890 | €11,933 | €3,937 | €15,562 | €16,004 | ▲ 2.8% |
| Operating profit (loss)9901 | €7,907 | €8,202 | €11,214 | €11,379 | €9,366 | €904 | €12,220 | €12,849 | ▲ 5.1% |
| Financial income75/76B | - | - | - | - | €0 | €700 | €1,531 | €1,289 | ▼ 15.8% |
| Recurring financial income75 | - | - | - | - | €0 | €700 | €1,531 | €1,289 | ▼ 15.8% |
| Financial charges65/66B | - | - | - | €2,555 | €2,537 | €3,505 | €3,444 | €3,444 | = |
| Recurring financial charges65 | €3,307 | €3,287 | €2,592 | €2,555 | €2,537 | €3,505 | €3,444 | €3,444 | = |
| Profit (loss) for the period before taxes9903 | €4,599 | €4,915 | €8,622 | €8,824 | €6,830 | -€1,901 | €10,307 | €10,694 | ▲ 3.8% |
| Income taxes67/77 | €1,215 | €1,512 | €2,160 | €2,202 | €1,703 | €0 | €2,802 | €3,393 | ▲ 21.1% |
| Profit (loss) for the period9904 | €3,384 | €3,403 | €6,461 | €6,622 | €5,127 | -€1,901 | €7,505 | €7,300 | ▼ 2.7% |
| Profit (loss) for the period to be appropriated9905 | €3,384 | €3,403 | €6,461 | €6,622 | €5,127 | -€1,901 | €7,505 | €7,300 | ▼ 2.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €166,304 | €169,800 | €178,146 | €181,224 | €185,648 | €184,264 | €194,721 | €201,665 | ▲ 3.6% |
| Fixed assets21/28 | €128,905 | €128,905 | €128,905 | €128,905 | €128,905 | €128,905 | €128,905 | €128,905 | = |
| Tangible fixed assets22/27 | €128,905 | €128,905 | €128,905 | €128,905 | €128,905 | €128,905 | €128,905 | €128,905 | = |
| Land and buildings22 | - | - | - | €128,905 | €128,905 | €128,905 | €128,905 | €128,905 | = |
| Current assets29/58 | €37,399 | €40,895 | €49,242 | €52,319 | €56,743 | €55,359 | €65,816 | €72,760 | ▲ 10.6% |
| Amounts receivable within one year40/41 | €5,670 | €4,104 | €3,723 | €7,204 | €3,460 | €9,323 | €4,589 | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | €5,257 | €2,396 | €6,756 | €3,049 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €1,947 | €1,065 | €2,567 | €1,539 | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | - | €40,000 | €45,000 | €55,000 | €67,540 | ▲ 22.8% |
| Cash at bank and in hand54/58 | €31,729 | €36,791 | €45,519 | €45,115 | €13,283 | €1,036 | €3,611 | €2,177 | ▼ 39.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €2,617 | €3,044 | ▲ 16.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €166,304 | €169,800 | €178,146 | €181,224 | €185,648 | €184,264 | €194,721 | €201,665 | ▲ 3.6% |
| Equity10/15 | €100,939 | €104,343 | €110,804 | €117,426 | €122,553 | €120,652 | €128,157 | €135,458 | ▲ 5.7% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €38,939 | €42,343 | €48,804 | €55,426 | €60,553 | €58,652 | €66,157 | €73,458 | ▲ 11.0% |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | - | - | €49,226 | €54,353 | €52,452 | €59,957 | €67,258 | ▲ 12.2% |
| Amounts payable17/49 | €65,364 | €65,457 | €67,342 | €63,798 | €63,095 | €63,612 | €66,563 | €66,207 | ▼ 0.5% |
| Amounts payable after more than one year17 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Financial debts170/4 | - | - | - | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Amounts payable within one year42/48 | €5,364 | €5,457 | €7,342 | €3,798 | €3,095 | €3,612 | €6,563 | €6,207 | ▼ 5.4% |
| Trade debts44 | €277 | €240 | €2,278 | €0 | - | €19 | €2,226 | €54 | ▼ 97.6% |
| Suppliers440/4 | - | - | - | €0 | - | €19 | €2,226 | €54 | ▼ 97.6% |
| Taxes, remuneration and social security45 | - | - | - | €2,534 | €2,513 | €3,481 | €4,337 | €5,434 | ▲ 25.3% |
| Taxes450/3 | - | - | - | €0 | - | - | €917 | €2,014 | ▲ 119% |
| Remuneration and social security454/9 | - | - | - | €2,534 | €2,513 | €3,481 | €3,420 | €3,420 | = |
| Other amounts payable47/48 | - | - | - | €1,264 | €582 | €113 | €0 | €720 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,384 | €3,403 | €6,461 | €6,622 | €5,127 | -€1,901 | €7,505 | €7,300 | ▼ 2.7% |
| Operating cash flow (approximation) | €3,384 | €3,403 | €6,461 | €6,622 | €5,127 | -€1,901 | €7,505 | €7,300 | ▼ 2.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €5,061 | €8,728 | -€403 | -€31,833 | -€12,246 | €2,574 | -€1,434 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 13-07-2026 | 2026-00293739 |
| 31-12-2024 | abbreviated format | 30-07-2025 | 2025-00341887 |
| 31-12-2023 | abbreviated format | 28-07-2024 | 2024-00293267 |
| 31-12-2022 | abbreviated format | 21-06-2023 | 2023-00143447 |
| 31-12-2021 | abbreviated format | 04-07-2022 | 2022-20124284 |
| 31-12-2020 | abbreviated format | 16-07-2021 | 2021-37000346 |
| 31-12-2019 | abbreviated format | 22-06-2020 | 2020-18900288 |
| 31-12-2018 | abbreviated format | 03-06-2019 | 2019-15400079 |
| 31-12-2017 | abbreviated format | 12-06-2018 | 2018-18100434 |
| 31-12-2016 | abbreviated format | 14-06-2017 | 2017-17400533 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| Ann Deslee |
|
| Jean-Paul Cobbaert |
|
Owners and capital
Capital and shareholders
- 11-01-2024 Capital stated in the deed · €62,000 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
02-04
Gazette deed
Appointments: Jean-Paul Cobbaert (director) and Ann Deslee (director)5 facts ▸
- General meeting, 30-06-2024
- Director appointment, Jean-Paul Cobbaert (director)
- Director appointment, Ann Deslee (director)
- Board meeting, 30-06-2024
- Director appointment, Jean-Paul Cobbaert (managing director)
11-01
Gazette deed
Capital & sharesAmendment of the articles · Capital · Registered office clause5 facts ▸
- General meeting, 12-12-2023
- Amendment of the articles (2 times)
- Capital, €62,000
- Registered office clause, “9031 Gent,Ernest Solvynsdreef 59” (deed in Dutch)
- Power of attorney
Show earlier events
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0436.725.969
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44017C1327/00D000 | Flanders | 311 m² | 1 · 281 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle immobiliaire operaties en verrichtingen, met name aankoop, verkoop, ruiling, het huren en verhuren, de expertise, het beheer, de…” (deed in Dutch)
8 activities (deed in Dutch)
- Alle immobiliaire operaties en verrichtingen, met name aankoop, verkoop, ruiling, het huren en verhuren, de expertise, het beheer, de onroerende promotie onder al zijn vormen, de omvorming of ombouwing, de renovatie en valorisatie van alle onroerende goederen, zowel gronden als gebouwen, zo op het platteland als in bebouwde kommen, in voorkomend geval bij middel van verkaveling, nieuwbouw, heropbouw of verbouwing
- Het verwerven, het beheer, in standhouden en valoriseren van roerend vermogen, en onder meer het kopen, verkopen, ruilen van alle welkdanige aandelen, participaties en andere maatschappelijke rechten, obligaties, en in het algemeen van alle roerende waarden, zomede alle beurs en andere financiële transacties; het beheer van vermogensportefeuilles voor rekening van derden tegen commissie of andere vergoeding
- Het onroerend patrimonium te behouden, te beheren en oordeelkundig uit te breiden en in dit kader overgaan tot het aankopen, opschikken, uitrusten, valoriseren, bouwen, verhuren of in huur nemen van onroerende goederen, al dan niet gemeubeld en eveneens het verhuren van rollend materieel
- Het verlenen van technische, financiële en andere bijstand aan vennootschappen en ondernemingen, zomede het verlenen van persoonlijke zakelijke, roerende als onroerende zekerheden en waarborgen ten voordele van derden
- Het uitbaten van groot en kleinhandel, de invoer en uitvoer van meubelen en aanverwanten, tapijten, huisraad, huishoudartikelen, textiel, lederwaren en allerlei non food-artikelen, nieuw- en tweedehandsmateriaal, ferro- en non-ferro-producten, afvalproducten zoals papier, karton, plastiek, glas en allerlei recyclageproducten, speelgoed, schoonheidsproducten, reinigingsartikelen en allerlei verbruiksgoederen
- Zij mag brevetten, fabrieksmerken, licenties nemen, verwerven, uitbaten of verhandelen
- Alle financiële verrichtingen onder welke vorm ook, onder meer van lening, kredietopening, of op andere wijze, met uitzondering van de financiële verrichtingen voorbehouden aan depositobanken en private spaarkassen, en onder voorwaarde van het bekomen van eventuele noodzakelijke machtigingen en aanvaardingen
- De groot en kleinhandel, de ruil van alle antiquiteiten en oudheden met inbegrip van veiling van deze goederen en alle publiciteit in verband hiermede
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- COBIMMO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,ateliers,opslagplaatsen en bijhuizen oprichten of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, verplicht opdracht verder te vervullen tot vervanging binnen redelijke termijn” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Werkelijke waarde op dag overdracht, neutrale deskundige door partijen,bij gebrek akkoord door voorzitter rechtbank van koophandel plaats…” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meer, benoeming vereffenaars” (deed in Dutch)“Vereffening bij gebrek aan benoeming, college van vereffenaars” (deed in Dutch)“Bevoegdheden vereffenaars, alle verrichtingen vermeld in de wet” (deed in Dutch)