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COBRA MACHINERING

Active
Cooperative companyfounded 2004active for 22 yearsHoekstraat 11, 3470 Kortenaken, BelgiumKBO/BCE: BE 0863.013.354
Summary

COBRA MACHINERING has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €653 and a net result of €4,387. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 24% of 3,710 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 27-01-2004 Normal situation
Activity
Support activities for crop production NACE 01610
Establishment unit
2.135.427.284 3470 Kortenaken, since 18-02-2004
Financial year end
31 December
Peppol
Reachable since 09-09-2025

Board and ownership

Board
  • Borgers StijnDirector
  • Fets JosDirector
  • Lemmens JohanDirector
and 2 others

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€9,225
▲ 878×
Turnover
≈ €34,000
estimated
Profit
€4,387
Equity
€653
Total assets
€9,165
▼ 20.2%
Filed on 14-07-2026, 17 days before the deadline
Score breakdownraises riskEquity €653 (7.1% of total assets)lowers riskSize: total assets €9,165Sector: Crop and animal production, hunting and related service activities (NACE 01)Liquidity: current ratio 1.03, cash €7,416Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of micro companies in crop and animal production (NACE 01)
Financial strength · tick: 2024
Strong
Solvency 32+25
equity 7.1% of total assets
Liquidity 50+18
short-term debt 92.8% · cash 80.9%
Profitability 100+100
return on assets 47.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (5,695 companies, NACE 01, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged 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: 0.4%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
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 01, micro). It does better than 21% of them on solvency, 50% on liquidity, 96% on profitability and 95% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €9,165
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
lowers risk · Liquidity: current ratio 1.03, cash €7,416
NBB · annual accounts
raises risk · Equity €653 (7.1% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 3710 sector peers (2025).
NBB · sector comparison
Position among 3710 sector peers
Solvency
better than 24%
← weakest strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
31 days early
2023
12 days early
2022
7 days early
2021
5 days early
2020
4 days early
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% 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 20 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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

Key points

  • Caution: Less equity than 81% of companies in crop and animal productionsector median €82,726 · 3,711 companies €653 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as COBRA MACHINERING: support activities for crop production (NACE 01610). They are comparable in size and age: total assets between €5,170 and €27,000, founded between 1987 and 2013.

CompanyTotal assetsGross margin
COBRA MACHINERING Kortenaken€9,165€9,225
QUGRO Zonnebeke€5,168€18,068
WALLAYS ADVIESBUREAU Roeselare€13,030€4,622
Lemmens & Co Tienen€27,047€6,940
DESOIGNIES JULIEN Quévy€18,476€9,321
De Clercq Paul en Zoon Oosterzele€19,420€8,869
MIGÉTECH Rixensart€25,864€13,672
Full comparison

Key facts about COBRA MACHINERING

What is the company number of COBRA MACHINERING?
The company number of COBRA MACHINERING is 0863.013.354. The VAT number is the same number with BE in front: BE 0863.013.354.
Where is COBRA MACHINERING based?
The registered office is at Hoekstraat 11, 3470 Kortenaken.Company details
What does COBRA MACHINERING do?
According to the KBO register, the main activity is support activities for crop production (NACE 01610).
What is the legal form of COBRA MACHINERING?
The legal form of COBRA MACHINERING is Cooperative company (CV).
When was COBRA MACHINERING founded?
COBRA MACHINERING was founded on 27-01-2004.
Is COBRA MACHINERING still active?
Yes, COBRA MACHINERING is an active enterprise in the KBO register.
What is the turnover of COBRA MACHINERING?
The turnover in financial year 2025 is ≈ €34,000. This figure is estimated from the gross margin of €9,225 and 33 comparable companies (NACE 01). It probably lies between €16,000 and €79,000. It is a rough estimate.Financials
Is COBRA MACHINERING profitable?
In financial year 2025, COBRA MACHINERING made a profit of €4,387.
Where can I find the annual accounts of COBRA MACHINERING?
COBRA MACHINERING filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COBRA MACHINERING due?
COBRA MACHINERING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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