Financials
- Fiscal year
- 2025
- Total assets
- €396,711
- Profit
- €26,723
- Solvency
- -159.2%
COBRAREST
ActiveSummary
The computed 12-month bankruptcy probability of COBRAREST is 1.8% (moderate). The 2025 annual accounts show negative equity (-€631,368) and a net result of €26,723. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 8% of 14676 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Cafés and bars
NACE 56301NACE 55301NACE 55401
2 sites
How big
€396,711total assets 2025
- Staff
- 1.9 FTE
- Equity
- -€631,368
- Profit
- €26,723
Turnover not published (abridged schema)
Who decides
Accounts filed 30 d late0 of 2 deeds read
Why 54- Sector Food and beverage service activities (NACE 56)- Latest accounts 30 days late; 2 of the last 3 late- Negative equity -€631,368+ Size: total assets €396,711Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 32% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
0=
equity -159.2% of total assets
Liquidity
14+2
short-term debt 241.2% · cash 11.0%
Profitability
77-1
return on assets 6.7%
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: 1.8%
08-2026: 2.3%▲ +23.5% vs 07-2026highest value
09-2026: 1.9%▼ -16.8% vs 08-2026
10-2026: 1.8%▼ -3.5% vs 09-2026lowest value
- Sector Food and beverage service activities (NACE 56) raises the probability
- Latest accounts 30 days late; 2 of the last 3 late raises the probability
- Negative equity -€631,368 raises the probability
- Size: total assets €396,711 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.15 against 0.1 in 2024; short-term debt: 241.2% and cash: 11% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 9%, liquidity 12%, profitability 61%, growth against the median 48%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 14676 sector peers (2025).
NBB · sector comparisonPosition among 14676 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
60 d late
2023
57 d late
2022
29 d late
2021
30 d late
2020
31 d late
2019
61 d late
← 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 43 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 (2)
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. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2018net €29,604 ▲28%
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-08-2026Annual accounts filed
- 29-09-2025Annual accounts filed
- 31-12-2024Highest result since 2018
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Cafés and barsNACE 56301
- Founded
- 26-08-1998
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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