Cobra Commando
ActiveCobra Commando has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €-800. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 1987 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-27
Solvency100▲+49
Growth52=
Track record94
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 29.93 against 1.34 in 2024; short-term debt: 3.3% and cash: 21.2% of total assets), and 3.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
96.7%
Return on assets
-11%
Age of the figures
9 mo
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 09-06-2026, 52 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
52 d early
2024
173 d early
2023
65 d early
2022
73 d early
2021
46 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€49k
EBIT margin
6.3%
Net result
€-800▼ 3,617%
2024 · €-22
2022: €5k
2023: €3k
2024: €-22
2022 → 2025
Working capital
€7k▼ 10.2%
2024 · €8k
2022: €7k
2023: €8k
2024: €8k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€49k
Equity€5k€8k▲ 59.8%€8k▼ 0.3%€7k▼ 10.2%
Operating result€5k€3k▼ 38.5%€28▼ 99.1%€-703
Net result€5k€3k▼ 40.2%€-22€-800▼ 3,617%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €703 after €28 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €7k
Equity
€7k▼ 10.2%
Debt
€242▼ 98.9%
The debt ratio falls from 74.4% to 3.3%. Equity and debt are lower.
Key figures and ratios
Solvency
96.7%▲
2024 · 25.6%
Current ratio
29.93▲
2024 · 1.34
Quick ratio
29.93▲
2024 · 1.34
Debt / equity
0.03▼
2024 · 2.90
ROE
-11.4%▼
2024 · -0.3%
ROA
-11.0%▼
2024 · -0.1%
Debt
€242▼
2024 · €23k
Debt ≤ 1 year
€242▼
2024 · €23k
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€30k€7k▼
Current assets29/58€30k€7k▼
Amounts receivable within one year40/41€24k€6k▼
Trade receivables40€18k€5k▼
Other amounts receivable41€6k€858▼
Cash at bank and in hand54/58€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€30k€7k▼
Equity10/15€8k€7k▼
Reserves13€8k€7k▼
Amounts payable17/49€23k€242▼
Amounts payable within one year42/48€23k€242▼
Trade debts44€15k€242▼
Suppliers440/4€15k€242▼
Advances received on contracts in progress46€8k-
Income statement
Code20242025
Non-recurring operating charges66A-€304
Gross operating margin9900€28€-399▼
Operating profit (loss)9901€28€-703▼
Financial charges65/66B€50€97▲
Recurring financial charges65€50€97▲
Profit (loss) for the period before taxes9903€-22€-800▼
Profit (loss) for the period9904€-22€-800▼
Profit (loss) for the period to be appropriated9905€-22€-800▼
Appropriation of the result
Profit (loss) to be appropriated9906€-22€-800▼
From contributions791€22€800▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-800
Net result drops to €-800, the lowest in the series.
31-12
Financial
Liquidity times 22current ratio 29.93
Current ratio from 1.34 to 29.93; short-term debt falls from €23k to €242.
08-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Berlare
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.
Frere Pachtersstraat 39290 BerlareGround area
255 m²
Building footprint
85 m²
Volume, LiDAR
557 m³
Parcel 42022B1241/00Y003, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42022B1241/00Y003 | Flanders | 255 m² | 1 · 85 m² | 9.5 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 29,010 EUR awarded · 29,010 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 6,400 EUR | 6,400 EUR |
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2023 | 2 | 20,610 EUR | 20,610 EUR |
Schemes
Professionele kunsten: Tussenkomst in de kosten voor deelname aan een internationaal presentatiemoment (Kunstendecreet 2021)
Professionele kunsten: Projectsubsidie voor een initiatief van een kunstenaar, een kunstwerker of een kunstenorganisatie (Kunstendecreet 2021)
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NUMERIS®ART
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ALVOS FILMS
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CINECAL
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Of 3,398 companies in sector 90393 we hold annual accounts for 939. 409 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded08-10-2021
Fiscal year end31-12
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.