COBO-MANAGEMENT
ActiveCOBO-MANAGEMENT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48k and a net result of €-20k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-66
Solvency63▼-3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.44 against 1.47 in 2024), and 66.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
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
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 2025Solvency, return and age of the figures
Solvency
33.7%
Return on assets
-14.1%
Age of the figures
14 mo
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-08-2026, 212 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
212 d late
2024
168 d late
2023
467 d late
2022
4 d early
2021
28 d early
2020
3 d early
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€48k▼ 29.5%
2024 · €68k
2019: €28k
2020: €33k
2021: €51k
2022: €66k
2023: €59k
2024: €68k
2019 → 2025
Total assets
€142k▼ 25.1%
2024 · €189k
2019: €149k
2020: €125k
2021: €164k
2022: €193k
2023: €185k
2024: €189k
2019 → 2025
Net result
€-20k
2024 · €9k
2019: €28k
2020: €5k
2021: €18k
2022: €24k
2023: €-8k
2024: €9k
2019 → 2025
Working capital
€41k▼ 28.0%
2024 · €58k
2019: €-13k
2020: €21k
2021: €42k
2022: €47k
2023: €50k
2024: €58k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€51k-€66k▲ 29.1%€59k▼ 11.8%€68k▲ 15.3%€48k▼ 29.5%
Operating result€33k-€31k▼ 6.8%€-6k€10k€-25k
Net result€18k-€24k▲ 30.5%€-8k€9k€-20k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25k after €10k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142k
Fixed assets
€6k▼ 37.9%
Current assets
€135k▼ 24.4%
Equity and liabilities €142k
Equity
€48k▼ 29.5%
Debt
€94k▼ 22.6%
The debt ratio rises from 64.3% to 66.3%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-21k▼
2024 · €13k
Cash flow
€-16k▼
2024 · €13k
Solvency
33.7%▼
2024 · 35.7%
Current ratio
1.44▼
2024 · 1.47
Quick ratio
1.44▼
2024 · 1.47
Debt / equity
1.97▲
2024 · 1.80
ROE
-41.8%▼
2024 · 13.3%
ROA
-14.1%▼
2024 · 4.7%
Interest coverage
-9.25▼
2024 · 3.30
Debt
€94k▼
2024 · €121k
Debt ≤ 1 year
€94k▼
2024 · €121k
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€189k€142k▼
Fixed assets21/28€10k€6k▼
Tangible fixed assets22/27€10k€6k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€179k€135k▼
Amounts receivable within one year40/41€171k€135k▼
Trade receivables40€53k€7k▼
Other amounts receivable41€118k€127k▲
Deferred charges and accrued income490/1€8k€857▼
Equity and liabilities
Total equity and liabilities10/49€189k€142k▼
Equity10/15€68k€48k▼
Contributions10/11€19k€19k=
Reserves13€49k€29k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€49k€29k▼
Amounts payable17/49€121k€94k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€121k€94k▼
Current portion of amounts payable after more than one year42€1k-
Financial debts43€2k€3k▲
Credit institutions430/8€2k€3k▲
Trade debts44€45k€16k▼
Suppliers440/4€45k€16k▼
Taxes, remuneration and social security45€30k€26k▼
Taxes450/3€26k€20k▼
Remuneration and social security454/9€3k€6k▲
Other amounts payable47/48€43k€49k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€617€209▼
Non-recurring operating charges66A€0-
Gross operating margin9900€14k€-21k▼
Operating profit (loss)9901€10k€-25k▼
Financial income75/76B€7k€7k▲
Recurring financial income75€7k€7k▲
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€13k€-20k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€9k€-20k▼
Profit (loss) for the period to be appropriated9905€9k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-20k▼
Transfer from equity791/2€0€20k▲
Transfer to equity691/2€9k-
To other reserves6921€9k-
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 212 days late
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 168 days late
30-06
Financial
Weakest financial yearnet €-20k ▼322%
Net result drops to €-20k, the lowest in the series.
12-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 467 days late
2024
30-06
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Maldegem · 1 establishment unit since 2010
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.
Krommewege 409990 MaldegemGround area
1,808 m²
Building footprint
1,217 m²
Parcel 43010C0302/00B002, Flanders. Linked by address, not a title deed.
1 establishment unit
COBO-MANAGEMENT
since 20102.186.854.112
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010C0302/00B002 | Flanders | 1,808 m² | 1 · 1,217 m² | - |
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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KLAAS
BE 0787.855.576
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SEGMAT
BE 0771.967.570
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BLACK SHEEP PRODUCTIONS
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 37,779 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2010
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
90201Performing arts by independent artists
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.