COBRA 1
ActiveSummary
The computed 12-month bankruptcy probability of COBRA 1 is 3.8% (moderate). For COBRA 1, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €159,817 and a net result of €35,647. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 79% of 17991 sector peers (fiscal year 2023). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability86▼-14
Solvency88▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
62.8%
Return on assets
14%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 06-08-2024, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
6 d late
2022
1 d late
2021
4 d early
2020
20 d late
2019
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€159,817▲ 28.7%
2022 · €124,170
Total assets
€254,388▲ 7.4%
2022 · €236,963
Net result
€35,647▼ 45.2%
2022 · €65,003
Working capital
€134,430▲ 44.8%
2022 · €92,819
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€1,603€37,336-€18,388€86,115€46,420▼ 46.1%
Net result-€2,114€27,475above the sector's middle half-€16,628below the sector's middle half€65,003above the sector's middle half€35,647above the sector's middle half▼ 45.2%
Equity€48,319▼ 4.2%€75,795above the sector's middle half▲ 56.9%€59,167within the sector's middle half▼ 21.9%€124,170above the sector's middle half▲ 110%€159,817above the sector's middle half▲ 28.7%
Total assets€74,090▼ 1.8%€161,167within the sector's middle half▲ 118%€129,473within the sector's middle half▼ 19.7%€236,963above the sector's middle half▲ 83.0%€254,388above the sector's middle half▲ 7.4%
Debt€25,770▲ 3.0%€85,372▲ 231%€70,306▼ 17.6%€112,793▲ 60.4%€94,572▼ 16.2%
Working capital-€924€32,515above the sector's middle half€21,851within the sector's middle half▼ 32.8%€92,819above the sector's middle half▲ 325%€134,430above the sector's middle half▲ 44.8%
Solvency65.2%▼ 1.6pp47.0%within the sector's middle half▼ 18.2pp45.7%within the sector's middle half▼ 1.3pp52.4%within the sector's middle half▲ 6.7pp62.8%above the sector's middle half▲ 10.4pp
Current ratio0.96▼ 1.791.38within the sector's middle half▲ 0.421.31within the sector's middle half▼ 0.071.82within the sector's middle half▲ 0.512.42above the sector's middle half▲ 0.60
Return on assets (ROA)-2.9%▼ 5.2pp17.0%within the sector's middle half▲ 19.9pp-12.8%below the sector's middle half▼ 29.9pp27.4%above the sector's middle half▲ 40.3pp14.0%within the sector's middle half▼ 13.4pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service 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 falls in 2023; 2023 is 46% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €254,388
Fixed assets
€25,387 ▼ 19.0%
Current assets
€229,001 ▲ 11.4%
Equity and liabilities €254,388
Equity
€159,817 ▲ 28.7%
Debt
€94,572 ▼ 16.2%
Debt's share of the balance-sheet total falls from 47.6% to 37.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€52,384▼
2022 · €92,080
Cash flow
€41,611▼
2022 · €70,968
Debt to equity
0.59▼
2022 · 0.91
ROE
22.3%▼
2022 · 52.4%
Interest coverage
555.39▲
2022 · 221.78
Debt ≤ 1 year
€94,572▼
2022 · €112,793
Income taxes
€15,486▼
2022 · €22,926
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,964 | €5,964 | €5,964 | €5,965 | €5,964 | = |
| Other operating charges640/8 | - | - | €897 | €3,136 | €2,374 | ▼ 24.3% |
| Gross operating margin9900 | €5,662 | €47,307 | -€11,527 | €95,216 | €54,758 | ▼ 42.5% |
| Operating profit (loss)9901 | -€1,603 | €37,336 | -€18,388 | €86,115 | €46,420 | ▼ 46.1% |
| Financial income75/76B | - | - | €2,175 | €2,229 | €4,806 | ▲ 116% |
| Recurring financial income75 | - | - | €2,175 | €2,229 | €4,806 | ▲ 116% |
| Financial charges65/66B | - | - | €115 | €415 | €94 | ▼ 77.3% |
| Recurring financial charges65 | €290 | €1,589 | €115 | €415 | €94 | ▼ 77.3% |
| Profit (loss) for the period before taxes9903 | -€1,893 | €35,747 | -€16,327 | €87,929 | €51,133 | ▼ 41.8% |
| Income taxes67/77 | €222 | €8,272 | €301 | €22,926 | €15,486 | ▼ 32.5% |
| Profit (loss) for the period9904 | -€2,114 | €27,475 | -€16,628 | €65,003 | €35,647 | ▼ 45.2% |
| Profit (loss) for the period to be appropriated9905 | -€2,114 | €27,475 | -€16,628 | €65,003 | €35,647 | ▼ 45.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €74,090 | €161,167 | €129,473 | €236,963 | €254,388 | ▲ 7.4% |
| Fixed assets21/28 | €49,243 | €43,279 | €37,315 | €31,351 | €25,387 | ▼ 19.0% |
| Tangible fixed assets22/27 | €49,243 | €43,279 | €37,315 | €31,351 | €25,387 | ▼ 19.0% |
| Other tangible fixed assets26 | - | - | €37,315 | €31,351 | €25,387 | ▼ 19.0% |
| Current assets29/58 | €24,847 | €117,887 | €92,158 | €205,612 | €229,001 | ▲ 11.4% |
| Amounts receivable after more than one year29 | - | - | €89,175 | €192,229 | €197,035 | ▲ 2.5% |
| Other amounts receivable291 | - | - | €89,175 | €192,229 | €197,035 | ▲ 2.5% |
| Amounts receivable within one year40/41 | - | €26 | - | - | - | - |
| Cash at bank and in hand54/58 | €24,847 | €7,141 | €2,263 | €13,383 | €31,966 | ▲ 139% |
| Deferred charges and accrued income490/1 | - | - | €720 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €74,090 | €161,167 | €129,473 | €236,963 | €254,388 | ▲ 7.4% |
| Equity10/15 | €48,319 | €75,795 | €59,167 | €124,170 | €159,817 | ▲ 28.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €20,460 | ▲ 10.0% |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - | - |
| Profit (loss) carried forward14 | €27,859 | €55,335 | €38,707 | €103,710 | €139,357 | ▲ 34.4% |
| Amounts payable17/49 | €25,770 | €85,372 | €70,306 | €112,793 | €94,572 | ▼ 16.2% |
| Amounts payable within one year42/48 | €25,770 | €85,372 | €70,306 | €112,793 | €94,572 | ▼ 16.2% |
| Trade debts44 | €18,824 | €73,913 | €60,044 | €94,683 | €60,418 | ▼ 36.2% |
| Suppliers440/4 | - | - | €60,044 | €94,683 | €60,418 | ▼ 36.2% |
| Taxes, remuneration and social security45 | - | - | €10,263 | €17,622 | €33,516 | ▲ 90.2% |
| Taxes450/3 | - | - | €8,555 | €17,622 | €33,516 | ▲ 90.2% |
| Remuneration and social security454/9 | - | - | €1,708 | - | - | - |
| Other amounts payable47/48 | - | - | - | €487 | €638 | ▲ 30.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,114 | €27,475 | -€16,628 | €65,003 | €35,647 | ▼ 45.2% |
| + Depreciation and write-downs630 | €5,964 | €5,964 | €5,964 | €5,965 | €5,964 | = |
| Operating cash flow (approximation) | €3,850 | €33,439 | -€10,664 | €70,968 | €41,611 | ▼ 41.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1 | - |
| Change in cash | - | -€17,705 | -€4,879 | €11,120 | €18,583 | ▲ 67.1% |
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
2026
16-09
State Gazette act
General meeting · Registered-office move2 facts ▸
State Gazette act
General meeting · Registered-office move
2 facts ▸
- General meeting, 01-02-2026
- Registered-office move, avenue de la Couronne 457 à 1050 Ixelles
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Equity above €150,000Eq €159,817 ▲28.7%
2 profitable years in a row build equity to €159,817.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-12
Financial
Back to profitnet €65,003
Net result €65,003 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €124,170 ▲110%
Equity rises from €59,167 to €124,170.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€16,628
Net result drops to -€16,628, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Back to profitnet €27,475
Net result €27,475 after one loss-making year.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
Show earlier events
2018
21-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
2016
14-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 45 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2013
Ground area
70 m²
Building footprint
70 m²
Volume, LiDAR
431 m³
Parcel 21445C0265/00E006, Brussels · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
La Courette
since 20132.215.306.487
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0265/00E006 | Brussels | 70 m² | 1 · 70 m² | 10.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.215.306.487
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Of 13,991 companies in this sector we hold annual accounts for 4,899. 3,316 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded20-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0508601484
Also
9925:BE0508601484
Registered
24-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.