COBRESCO
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-04-2024, 97 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
97 d early
2022
31 d early
2021
96 d early
2020
101 d early
2019
13 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 62 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?JENI INVEST · 15 companies
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€543,252▲ 5.4%
2022 · €515,602
Total assets
€549,574▲ 6.2%
2022 · €517,392
Net result
€27,650
2022 · -€24,704
Working capital
€544,252▲ 10.9%
2022 · €490,674
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€28,024-€20,760▲ 25.9%€26,567-€25,998€4,850
Net result-€28,781-€26,626▲ 7.5%€23,272-€24,704€27,650
Equity€543,659▼ 5.0%€517,034▼ 4.9%€540,306▲ 4.5%€515,602▼ 4.6%€543,252▲ 5.4%
Total assets€563,776▼ 2.6%€523,724▼ 7.1%€556,477▲ 6.3%€517,392▼ 7.0%€549,574▲ 6.2%
Debt€20,117▲ 212%€6,690▼ 66.7%€16,171▲ 142%€1,790▼ 88.9%€6,322▲ 253%
Working capital€442,948▼ 11.3%€437,440▼ 1.2%€481,111▲ 10.0%€490,674▲ 2.0%€544,252▲ 10.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €4,850 after a loss of €25,998 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €549,574
Equity
€543,252 ▲ 5.4%
Debt
€6,322 ▲ 253%
Debt's share of the balance-sheet total rises from 0.3% to 1.2%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.01▲
2022 · 0.00
ROE
5.1%▲
2022 · -4.8%
ROA
5.0%▲
2022 · -4.8%
Debt ≤ 1 year
€5,322▲
2022 · €1,790
Income taxes
€3,315▲
2022 · €563
A ratio outside any meaningful range has been withheld (balance sheet total €549,574, equity €543,252).
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,148 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,831 | €24,626 | €26,455 | €6,134 | - | - |
| Other operating charges640/8 | - | - | €4,598 | €5,597 | €29,608 | ▲ 429% |
| Non-recurring operating charges66A | - | - | - | €5,280 | - | - |
| Gross operating margin9900 | €9,433 | €10,605 | €57,620 | -€8,986 | €34,458 | ▲ 483% |
| Operating profit (loss)9901 | -€28,024 | -€20,760 | €26,567 | -€25,998 | €4,850 | ▲ 119% |
| Financial income75/76B | - | - | €0 | €2,123 | €26,154 | ▲ 1,132% |
| Recurring financial income75 | €127 | €21 | €0 | €2,123 | €26,154 | ▲ 1,132% |
| Financial charges65/66B | - | - | €2,153 | €266 | €39 | ▼ 85.3% |
| Recurring financial charges65 | €227 | €5,373 | €2,153 | €266 | €39 | ▼ 85.3% |
| Profit (loss) for the period before taxes9903 | -€28,124 | -€26,112 | €24,415 | -€24,140 | €30,965 | ▲ 228% |
| Income taxes67/77 | €657 | €514 | €1,143 | €563 | €3,315 | ▲ 489% |
| Profit (loss) for the period9904 | -€28,781 | -€26,626 | €23,272 | -€24,704 | €27,650 | ▲ 212% |
| Profit (loss) for the period to be appropriated9905 | -€28,781 | -€26,626 | €23,272 | -€24,704 | €27,650 | ▲ 212% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €563,776 | €523,724 | €556,477 | €517,392 | €549,574 | ▲ 6.2% |
| Fixed assets21/28 | €101,289 | €79,594 | €59,195 | €24,929 | - | - |
| Tangible fixed assets22/27 | €101,289 | €79,594 | €59,195 | €24,929 | - | - |
| Land and buildings22 | - | - | €29,413 | €24,593 | - | - |
| Plant, machinery and equipment23 | - | - | €1,649 | €336 | - | - |
| Furniture and vehicles24 | - | - | €28,132 | - | - | - |
| Current assets29/58 | €462,487 | €444,129 | €497,282 | €492,463 | €549,574 | ▲ 11.6% |
| Stocks and contracts in progress3 | - | - | - | €3,754 | €4,348 | ▲ 15.8% |
| Contracts in progress37 | - | - | - | €3,754 | €4,348 | ▲ 15.8% |
| Amounts receivable within one year40/41 | €382,235 | €348,583 | €403,669 | €261,228 | €477,143 | ▲ 82.7% |
| Trade receivables40 | - | - | €25,143 | €6,212 | - | - |
| Other amounts receivable41 | - | - | €378,526 | €255,017 | €477,143 | ▲ 87.1% |
| Cash at bank and in hand54/58 | €80,253 | €95,547 | €91,136 | €227,481 | €41,930 | ▼ 81.6% |
| Deferred charges and accrued income490/1 | - | - | €2,477 | - | €26,154 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €563,776 | €523,724 | €556,477 | €517,392 | €549,574 | ▲ 6.2% |
| Equity10/15 | €543,659 | €517,034 | €540,306 | €515,602 | €543,252 | ▲ 5.4% |
| Contributions10/11 | €90,000 | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Capital10 | - | - | €90,000 | €90,000 | €90,000 | = |
| Issued capital100 | - | - | €90,000 | €90,000 | €90,000 | = |
| Reserves13 | €453,659 | €427,034 | €450,306 | €425,602 | €453,252 | ▲ 6.5% |
| Non-distributable reserves130/1 | - | - | €9,000 | €9,000 | €9,000 | = |
| Legal reserve130 | - | - | €9,000 | €9,000 | €9,000 | = |
| Tax-exempt reserves132 | - | - | €138 | €138 | €138 | = |
| Distributable reserves133 | - | - | €441,168 | €416,464 | €444,114 | ▲ 6.6% |
| Amounts payable17/49 | €20,117 | €6,690 | €16,171 | €1,790 | €6,322 | ▲ 253% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €19,540 | €6,690 | €16,171 | €1,790 | €5,322 | ▲ 197% |
| Trade debts44 | €17,505 | €3,787 | €16,171 | - | €490 | - |
| Suppliers440/4 | - | - | €16,171 | - | €490 | - |
| Taxes, remuneration and social security45 | - | - | €0 | €273 | €3,315 | ▲ 1,115% |
| Taxes450/3 | - | - | €0 | €273 | €3,315 | ▲ 1,115% |
| Remuneration and social security454/9 | - | - | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €1,517 | €1,517 | = |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,000 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,781 | -€26,626 | €23,272 | -€24,704 | €27,650 | ▲ 212% |
| + Depreciation and write-downs630 | €24,831 | €24,626 | €26,455 | €6,134 | - | - |
| Operating cash flow (approximation) | -€3,950 | -€2,000 | €49,727 | -€18,570 | €27,650 | ▲ 249% |
| Investment in fixed assets (approximation) | - | -€2,932 | -€6,055 | €28,132 | - | - |
| Change in cash | - | €15,294 | -€4,411 | €136,345 | -€185,551 | ▼ 236% |
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
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €27,650
Net result €27,650 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity times 9current ratio 275.17
Current ratio from 30.75 to 275.17; short-term debt falls from €16,171 to €1,790.
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €23,272
Net result €23,272 after 2 loss-making years.
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 66.39
Current ratio from 23.67 to 66.39; short-term debt falls from €19,540 to €6,690.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
31-12
Financial
Weakest financial yearnet -€28,781
Net result drops to -€28,781, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
16-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Part of the group
JENI INVEST
15 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- ALL-WOOD TRADING
- Cool-Cuyvers
- COBRESCO
Highest known parent: ALL-WOOD TRADING. The sources do not say who stands above it.
Owners 1
- Cool-Cuyversparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.