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COBOTRACKS

Active Private limited companyfounded 2019active for 7 yearsThor Park 8300, 3600 GenkKBO/BCE: BE 0727.999.648 subsidiary of VANSICHEN

Lifetime

6 annual accounts with figures on one time axis
Gross marginpeak €22,902 (2025)
€22,902▲ €38,051
Resultlowest -€66,070 (2020)
€20,459▲ €38,104
Equitypeak €83,930 (2020)
€60,526▲ 51.1%
Debts
€19,424▼ 86.0%
Staffpeak 0 FTE (2023)
-not published
Board2 names since 2019
2 directorsLANDMETERS VERA and 1 other
Owners
  
Documentsfilings and deeds
10-06-202651 days before the deadline
2025abbreviated format
Gross margin from -€15,149 to €22,902Back to profit: €20,459Equity from €40,067 to €60,526Debts from €138,372 to €19,424Cash from €138,368 to €33,341

Key points

from the 2025 annual accounts

Turnover

≈ €260,000 estimated

The abbreviated format states no turnover.

Liquidity

4.12 was 1.32 in 2024

Short-term debts fell from €135,035 to €19,424.

At the same address

34 companies
  • Bekey Energy seat since 01-04-2026
  • Bekey Projects seat since 01-04-2026
  • Bekey Holding seat since 31-03-2026

Checked score

96
Excellent
Financially stronger than 91% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,900 companies (NACE 46, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025highest value 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.4%▼ -0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.3%▼ -0.1 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

Solvency
100+53equity 75.7% of total assets
Liquidity
91+32short-term debt 24.3% · cash 41.7%
Profitability
100+87return on assets 25.6%

Score breakdown

raises risk
Founded in 2019
lowers risk
Liquidity: current ratio 4.12, cash €33,341, halved
Equity €60,526 (75.7% of total assets)
Figures for financial year 2025 (filed on 10-06-2026)
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 90% of them on solvency, 90% on liquidity, 95% on profitability and 88% on growth.

The bankruptcy probability was computed on 05-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as COBOTRACKS has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of COBOTRACKS itself is lower: 0.2% within 12 months. It rests on far more data about COBOTRACKS than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for COBOTRACKS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €5,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.12 (1.32 in 2024), above the usual 1.5. Short-term debt is 24.3% and cash 41.7% of total assets. 24.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.12, cash €33,341, halved
NBB · annual accounts
lowers risk · Equity €60,526 (75.7% of total assets)
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 10-06-2026)
NBB · annual accounts
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 10-06-2026, 51 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
51 days early
2024
44 days early
2023
2 days early
2022
32 days early
2021
17 days late
2020
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 20 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LV
LANDMETERS VERA
Director, since 06-06-2019
VM
VANSICHEN MAXIME
Director, since 06-06-2019
  • BV VANSICHEN 100%annual accounts 2020
  • VANSICHEN 100%score 95equity €2.7m (2025) · 2025 annual accounts of VANSICHEN
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0727999648
First establishment Thor Park 8300, Genk
Incorporation published on 17-06-2019 · Gazette deed
All 12 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
COBOTRACKS Genk €79,950 €22,902 75.7% -
InKresko Antwerp €67,887 €22,693 21.8% -
PEROPACK VERPAKKINGEN Antwerp €80,073 €29,021 7.7% -
SMART PACK Brussels €80,043 €13,953 2.5% -
BRICHEUX CONSULTS Marche-en-Famenne €45,089 €19,321 83.3% -
ALL FOR CLEAN Zaventem €62,304 €16,438 -20.3% -
ALTISECURE Namur €147,925 €32,474 38.3% -

These companies have the same main activity as COBOTRACKS: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €45,100 and €148,000, founded between 2016 and 2021.

Official details

Source: KBO
Status
Active since 13-06-2019Normal situation
Registered office
35 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 6 November 2026.
Activity
Wholesale of other machinery and equipmentNACE 46649and 3 others
Establishment unit
2.292.095.0533600 Genk, since 22-07-2019
Financial year end
31 December
Peppol
Reachable since 26-08-2025
Company details

Annual accounts 2025

Total assets
€79,950▼ 55.2%
Filing
Filed on 10-06-2026, 51 days before the end of the filing period
Financials

Insights on COBOTRACKS

COBOTRACKS files the abbreviated format. That format states no turnover. The gross margin rose from -€65,128 in 2020 to €22,902 in 2025.

VANSICHEN holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about COBOTRACKS

What is the company number of COBOTRACKS?
The company number of COBOTRACKS is 0727.999.648. The VAT number is the same number with BE in front: BE 0727.999.648.
Where is COBOTRACKS based?
The registered office is at Thor Park 8300, 3600 Genk.Company details
What does COBOTRACKS do?
According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
What is the legal form of COBOTRACKS?
COBOTRACKS is a private limited company (BV).
When was COBOTRACKS founded?
COBOTRACKS was founded on 13-06-2019.
Is COBOTRACKS still active?
Yes, COBOTRACKS is an active enterprise in the KBO register.
What is the turnover of COBOTRACKS?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €22,902 and 131 comparable companies (NACE 46). It probably lies between €110,000 and €620,000. It is a rough estimate.Financials
Is COBOTRACKS profitable?
In financial year 2025, COBOTRACKS made a profit of €20,459.
Where can I find the annual accounts of COBOTRACKS?
COBOTRACKS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COBOTRACKS due?
COBOTRACKS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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