CoBoFisca
ActiveSummary
CoBoFisca has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €668,846 and a net result of €180,630. Equity is growing by ~30.2% per year across the filed fiscal years. Its solvency ranks better than 54% of 12860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-1
Solvency85▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 3.95 against 3.02 in 2024; short-term debt: 17.4% and cash: 33.2% of total assets), and 39.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
60.3%
Return on assets
16.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-02-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
14 d early
2023
74 d early
2022
38 d early
2021
61 d early
2020
43 d early
2019
47 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 50 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 28 February (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€668,846▲ 28.0%
2024 · €522,499
Total assets
€1.1m▲ 10.3%
2024 · €1.0m
Net result
€180,630▲ 5.6%
2024 · €171,031
Working capital
€569,243▲ 32.9%
2024 · €428,382
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€105,634▼ 6.5%€141,076▲ 33.6%€221,978▲ 57.3%€258,081▲ 16.3%€270,748▲ 4.9%
Net result€63,182within the sector's middle half▼ 11.1%€91,588above the sector's middle half▲ 45.0%€147,559above the sector's middle half▲ 61.1%€171,031above the sector's middle half▲ 15.9%€180,630above the sector's middle half▲ 5.6%
Equity€189,781within the sector's middle half▲ 49.9%€263,909above the sector's middle half▲ 39.1%€381,468above the sector's middle half▲ 44.5%€522,499above the sector's middle half▲ 37.0%€668,846above the sector's middle half▲ 28.0%
Total assets€660,741above the sector's middle half▲ 113%€757,810above the sector's middle half▲ 14.7%€876,686above the sector's middle half▲ 15.7%€1.0mabove the sector's middle half▲ 14.7%€1.1mabove the sector's middle half▲ 10.3%
Debt€470,960▲ 157%€493,901▲ 4.9%€495,218▲ 0.3%€483,277▼ 2.4%€440,480▼ 8.9%
Working capital€159,211within the sector's middle half▲ 6.6%€235,379above the sector's middle half▲ 47.8%€325,074above the sector's middle half▲ 38.1%€428,382above the sector's middle half▲ 31.8%€569,243above the sector's middle half▲ 32.9%
Solvency28.7%below the sector's middle half▼ 12.2pp34.8%within the sector's middle half▲ 6.1pp43.5%within the sector's middle half▲ 8.7pp51.9%within the sector's middle half▲ 8.4pp60.3%within the sector's middle half▲ 8.3pp
Current ratio1.91within the sector's middle half▼ 0.282.11within the sector's middle half▲ 0.202.66within the sector's middle half▲ 0.553.02within the sector's middle half▲ 0.363.95within the sector's middle half▲ 0.93
Return on assets (ROA)9.6%within the sector's middle half▼ 13.4pp12.1%within the sector's middle half▲ 2.5pp16.8%within the sector's middle half▲ 4.7pp17.0%within the sector's middle half▲ 0.2pp16.3%within the sector's middle half▼ 0.7pp
Staff (FTE)2.6=2.7▲ 3.8%2▼ 25.9%1.8▼ 10.0%2▲ 11.1%
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€347,172 ▼ 5.0%
Current assets
€762,153 ▲ 19.0%
Equity and liabilities €1.1m
Equity
€668,846 ▲ 28.0%
Debt
€440,480 ▼ 8.9%
Debt's share of the balance-sheet total falls from 48.1% to 39.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€293,207▲
2024 · €278,631
Cash flow
€203,088▲
2024 · €191,580
Debt to equity
0.66▼
2024 · 0.92
ROE
27.0%▼
2024 · 32.7%
Interest coverage
22.88▼
2024 · 27.51
Debt ≤ 1 year
€192,909▼
2024 · €211,891
Debt > 1 year
€208,556▼
2024 · €230,759
Income taxes
€80,355▲
2024 · €77,037
Staff costs
€89,990▲
2024 · €88,515
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% 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 497,340 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% | 1.0% |
| 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% 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 31,371 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €4,000 | €10,400 | €24,562 | ▲ 136% |
| Remuneration, social security and pensions62 | - | €123,853 | €110,191 | €88,515 | €89,990 | ▲ 1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,774 | €20,805 | €13,502 | €20,550 | €22,458 | ▲ 9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1,210 | €1,633 | €2,145 | €4,950 | ▲ 131% |
| Other operating charges640/8 | - | €1,993 | €510 | €2,748 | €2,464 | ▼ 10.3% |
| Gross operating margin9900 | €254,639 | €288,936 | €347,815 | €372,039 | €390,611 | ▲ 5.0% |
| Operating profit (loss)9901 | €105,634 | €141,076 | €221,978 | €258,081 | €270,748 | ▲ 4.9% |
| Financial income75/76B | - | €393 | €2 | €115 | €3,050 | ▲ 2,556% |
| Recurring financial income75 | €501 | €393 | €2 | €115 | €3,050 | ▲ 2,556% |
| Financial charges65/66B | - | €6,148 | €7,971 | €10,128 | €12,814 | ▲ 26.5% |
| Recurring financial charges65 | €5,802 | €6,148 | €7,971 | €10,128 | €12,814 | ▲ 26.5% |
| Profit (loss) for the period before taxes9903 | €100,333 | €135,320 | €214,009 | €248,068 | €260,985 | ▲ 5.2% |
| Income taxes67/77 | €37,151 | €43,732 | €66,449 | €77,037 | €80,355 | ▲ 4.3% |
| Profit (loss) for the period9904 | €63,182 | €91,588 | €147,559 | €171,031 | €180,630 | ▲ 5.6% |
| Profit (loss) for the period to be appropriated9905 | €81,932 | €91,588 | €147,559 | €171,031 | €180,630 | ▲ 5.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €660,741 | €757,810 | €876,686 | €1.0m | €1.1m | ▲ 10.3% |
| Fixed assets21/28 | €327,282 | €310,856 | €356,154 | €365,504 | €347,172 | ▼ 5.0% |
| Tangible fixed assets22/27 | €327,282 | €310,856 | €356,154 | €365,504 | €347,172 | ▼ 5.0% |
| Land and buildings22 | - | €294,571 | €292,489 | €290,406 | €288,324 | ▼ 0.7% |
| Plant, machinery and equipment23 | - | - | - | €1,820 | €1,636 | ▼ 10.1% |
| Furniture and vehicles24 | - | €16,285 | €63,665 | €73,278 | €57,212 | ▼ 21.9% |
| Current assets29/58 | €333,459 | €446,954 | €520,532 | €640,272 | €762,153 | ▲ 19.0% |
| Amounts receivable after more than one year29 | - | - | €40,225 | €167,375 | €131,475 | ▼ 21.4% |
| Other amounts receivable291 | - | - | €40,225 | €167,375 | €131,475 | ▼ 21.4% |
| Amounts receivable within one year40/41 | €67,967 | €95,684 | €107,001 | €138,174 | €162,246 | ▲ 17.4% |
| Trade receivables40 | - | €95,667 | €98,283 | €102,247 | €126,141 | ▲ 23.4% |
| Other amounts receivable41 | - | €17 | €8,718 | €35,927 | €36,105 | ▲ 0.5% |
| Current investments50/53 | - | - | - | €150,000 | €90,000 | ▼ 40.0% |
| Cash at bank and in hand54/58 | €255,338 | €339,825 | €361,744 | €174,574 | €368,357 | ▲ 111% |
| Deferred charges and accrued income490/1 | - | €11,445 | €11,563 | €10,149 | €10,075 | ▼ 0.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €660,741 | €757,810 | €876,686 | €1.0m | €1.1m | ▲ 10.3% |
| Equity10/15 | €189,781 | €263,909 | €381,468 | €522,499 | €668,846 | ▲ 28.0% |
| Reserves13 | €189,781 | €263,909 | €381,468 | €522,499 | €668,846 | ▲ 28.0% |
| Distributable reserves133 | - | €263,909 | €381,468 | €522,499 | €668,846 | ▲ 28.0% |
| Amounts payable17/49 | €470,960 | €493,901 | €495,218 | €483,277 | €440,480 | ▼ 8.9% |
| Amounts payable after more than one year17 | €260,182 | €244,572 | €252,614 | €230,759 | €208,556 | ▼ 9.6% |
| Financial debts170/4 | - | €244,572 | €252,614 | €230,759 | €208,556 | ▼ 9.6% |
| Amounts payable within one year42/48 | €174,248 | €211,575 | €195,458 | €211,891 | €192,909 | ▼ 9.0% |
| Current portion of amounts payable after more than one year42 | - | €15,610 | €21,492 | €21,855 | €22,212 | ▲ 1.6% |
| Trade debts44 | €5,382 | €7,536 | €5,549 | €3,552 | €2,450 | ▼ 31.0% |
| Suppliers440/4 | - | €7,536 | €5,549 | €3,552 | €2,450 | ▼ 31.0% |
| Taxes, remuneration and social security45 | - | €68,341 | €43,909 | €47,952 | €54,433 | ▲ 13.5% |
| Taxes450/3 | - | €49,515 | €33,694 | €35,072 | €43,669 | ▲ 24.5% |
| Remuneration and social security454/9 | - | €18,826 | €10,214 | €12,880 | €10,763 | ▼ 16.4% |
| Other amounts payable47/48 | - | €120,088 | €124,508 | €138,532 | €113,814 | ▼ 17.8% |
| Accrued charges and deferred income492/3 | - | €37,754 | €47,146 | €40,628 | €39,014 | ▼ 4.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63,182 | €91,588 | €147,559 | €171,031 | €180,630 | ▲ 5.6% |
| + Depreciation and write-downs630 | €29,774 | €20,805 | €13,502 | €20,550 | €22,458 | ▲ 9.3% |
| Operating cash flow (approximation) | €92,956 | €112,393 | €161,062 | €191,580 | €203,088 | ▲ 6.0% |
| Investment in fixed assets (approximation) | - | -€4,379 | -€58,800 | -€29,900 | -€4,127 | ▲ 86.2% |
| Change in cash | - | €84,488 | €21,918 | -€187,170 | €193,783 | ▲ 204% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-09
State Gazette act
Incorporation · Founding capital
Bank account · Capital
29-07
State Gazette act
General meeting · Registered-office move
Power of attorney
17-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €180,630 ▲5.6%
Operating result €270,748, net result €180,630, both a record.
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €500,000Eq €522,499 ▲37%
7 profitable years in a row build equity to €522,499.
16-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €200,000Eq €263,909 ▲39.1%
5 profitable years in a row build equity to €263,909.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €150,000Eq €189,781 ▲49.9%
4 profitable years in a row build equity to €189,781.
18-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
14-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €150,000Eq €157,533 ▲19.4%
2 profitable years in a row build equity to €157,533.
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Erpe-Mere · 1 establishment unit since 2007
Ground area
564 m²
Building footprint
135 m²
Volume, LiDAR
722 m³
Parcel 41016B0346/00B000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kleine Steenweg 2, 9420 Erpe-Mere
since 20072.218.655.462
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016B0346/00B000 | Flanders | 564 m² | 1 · 135 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,479 EUR awarded · 4,479 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,301 EUR | 1,301 EUR |
| 2024 | 1 | 1,041 EUR | 1,041 EUR |
| 2023 | 1 | 922 EUR | 922 EUR |
| 2022 | 1 | 1,215 EUR | 1,215 EUR |
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 5,105 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-01-1998
Fiscal year end30-09
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462417410
Also
9925:BE0462417410
Registered
20-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.