COCIMAT
ActiveSummary
COCIMAT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €121,345 and a net result of €39,215. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 46% of 6720 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+17
Solvency59▼-9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.31 in 2023; short-term debt: 38.8% and cash: 13.7% of total assets), and 66.1% of the assets are financed with debt.
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Signals
Four 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
30 d early
2022
32 d early
2021
27 d early
2020
19 d early
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 28 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€39,215
2023 · -€6,118
Working capital
€5,267▼ 78.8%
2023 · €24,868
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€33,213▼ 13.7%€48,936▲ 47.3%€35,628▼ 27.2%€5,062▼ 85.8%€57,275▲ 1,031%
Net result€22,432above the sector's middle half▼ 19.2%€36,780above the sector's middle half▲ 64.0%€25,587within the sector's middle half▼ 30.4%-€6,118below the sector's middle half€39,215above the sector's middle half
Equity€60,167within the sector's middle half▲ 59.4%€79,804within the sector's middle half▲ 32.6%€88,248within the sector's middle half▲ 10.6%€82,130within the sector's middle half▼ 6.9%€121,345above the sector's middle half▲ 47.7%
Total assets€311,516above the sector's middle half▲ 14.5%€433,236above the sector's middle half▲ 39.1%€370,911below the sector's middle half▼ 14.4%€190,864within the sector's middle half▼ 48.5%€358,071above the sector's middle half▲ 87.6%
Debt€251,349▲ 7.2%€353,432▲ 40.6%€282,663▼ 20.0%€108,734▼ 61.5%€236,726▲ 118%
Working capital€22,309within the sector's middle half▲ 36.3%€6,943within the sector's middle half▼ 68.9%€9,961within the sector's middle half▲ 43.5%€24,868within the sector's middle half▲ 150%€5,267within the sector's middle half▼ 78.8%
Solvency19.3%within the sector's middle half▲ 5.4pp18.4%within the sector's middle half▼ 0.9pp23.8%within the sector's middle half▲ 5.4pp43.0%within the sector's middle half▲ 19.2pp33.9%within the sector's middle half▼ 9.1pp
Current ratio1.23within the sector's middle half▲ 0.071.05within the sector's middle half▼ 0.191.06within the sector's middle half▲ 0.021.31within the sector's middle half▲ 0.251.04within the sector's middle half▼ 0.27
Return on assets (ROA)7.2%within the sector's middle half▼ 3.0pp8.5%within the sector's middle half▲ 1.3pp6.9%within the sector's middle half▼ 1.6pp-3.2%below the sector's middle half▼ 10.1pp11.0%within the sector's middle half▲ 14.2pp
Staff (FTE)2within the sector's middle half=2=2below the sector's middle half=2=2=
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,031% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €358,071
Fixed assets
€213,931 ▲ 148%
Current assets
€144,140 ▲ 37.7%
Equity and liabilities €358,071
Equity
€121,345 ▲ 47.7%
Debt
€236,726 ▲ 118%
Debt's share of the balance-sheet total rises from 57.0% to 66.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96,589▲
2023 · €65,856
Cash flow
€78,529▲
2023 · €54,676
Quick ratio
1.04▼
2023 · 1.29
Debt to equity
1.95▲
2023 · 1.32
ROE
32.3%▲
2023 · -7.4%
Interest coverage
10.62▼
2023 · 22.53
Debt ≤ 1 year
€138,873▲
2023 · €79,779
Debt > 1 year
€94,591▲
2023 · €26,591
Income taxes
€8,978▲
2023 · €7,243
Staff costs
€88,381▲
2023 · €79,226
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €85,582 | €90,697 | €79,226 | €88,381 | ▲ 11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48,597 | €63,823 | €80,458 | €60,794 | €39,314 | ▼ 35.3% |
| Other operating charges640/8 | - | €2,887 | €3,516 | €3,658 | €3,572 | ▼ 2.4% |
| Gross operating margin9900 | €163,041 | €201,228 | €210,299 | €148,740 | €188,542 | ▲ 26.8% |
| Operating profit (loss)9901 | €33,213 | €48,936 | €35,628 | €5,062 | €57,275 | ▲ 1,031% |
| Financial income75/76B | - | €75 | €27 | €336 | €10 | ▼ 97.0% |
| Recurring financial income75 | - | €1 | €27 | €336 | €10 | ▼ 97.0% |
| Non-recurring financial income76B | - | €74 | €27 | €336 | €10 | ▼ 97.0% |
| Financial charges65/66B | - | €10,274 | €7,819 | €4,273 | €9,092 | ▲ 113% |
| Recurring financial charges65 | €5,389 | €6,665 | €4,887 | €2,923 | €9,092 | ▲ 211% |
| Non-recurring financial charges66B | - | €3,609 | €2,932 | €1,350 | - | - |
| Profit (loss) for the period before taxes9903 | €25,964 | €38,737 | €27,836 | €1,125 | €48,193 | ▲ 4,184% |
| Income taxes67/77 | €3,532 | €1,957 | €2,249 | €7,243 | €8,978 | ▲ 24.0% |
| Profit (loss) for the period9904 | €22,432 | €36,780 | €25,587 | -€6,118 | €39,215 | ▲ 741% |
| Profit (loss) for the period to be appropriated9905 | €22,432 | €36,780 | €25,587 | -€6,118 | €39,215 | ▲ 741% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €311,516 | €433,236 | €370,911 | €190,864 | €358,071 | ▲ 87.6% |
| Fixed assets21/28 | €193,879 | €281,038 | €207,648 | €86,217 | €213,931 | ▲ 148% |
| Tangible fixed assets22/27 | €193,748 | €280,772 | €207,382 | €85,951 | €213,665 | ▲ 149% |
| Land and buildings22 | - | €15,405 | €13,634 | €20,508 | €31,947 | ▲ 55.8% |
| Plant, machinery and equipment23 | - | - | €6,271 | €15,897 | €13,411 | ▼ 15.6% |
| Furniture and vehicles24 | - | €227,767 | €168,677 | €480 | €24,314 | ▲ 4,965% |
| Leasing and similar rights25 | - | €37,600 | €18,800 | €49,066 | €143,993 | ▲ 193% |
| Financial fixed assets28 | €131 | €266 | €266 | €266 | €266 | = |
| Current assets29/58 | €117,637 | €152,198 | €163,263 | €104,647 | €144,140 | ▲ 37.7% |
| Stocks and contracts in progress3 | €3,370 | €2,080 | €11,221 | €1,850 | €400 | ▼ 78.4% |
| Stocks30/36 | - | €2,080 | €11,221 | €1,850 | €400 | ▼ 78.4% |
| Amounts receivable within one year40/41 | €74,782 | €140,525 | €109,306 | €79,999 | €92,834 | ▲ 16.0% |
| Trade receivables40 | - | €132,594 | €99,803 | €79,609 | €84,801 | ▲ 6.5% |
| Other amounts receivable41 | - | €7,931 | €9,503 | €390 | €8,033 | ▲ 1,960% |
| Cash at bank and in hand54/58 | €39,485 | €9,365 | €38,638 | €22,798 | €49,206 | ▲ 116% |
| Deferred charges and accrued income490/1 | - | €228 | €4,098 | - | €1,700 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €311,516 | €433,236 | €370,911 | €190,864 | €358,071 | ▲ 87.6% |
| Equity10/15 | €60,167 | €79,804 | €88,248 | €82,130 | €121,345 | ▲ 47.7% |
| Contributions10/11 | €18,600 | €20,460 | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €4,060 | €2,200 | €2,200 | €2,200 | €2,200 | = |
| Tax-exempt reserves132 | - | €2,200 | €2,200 | €2,200 | €2,200 | = |
| Profit (loss) carried forward14 | €37,507 | €57,144 | €65,588 | €59,470 | €98,685 | ▲ 65.9% |
| Amounts payable17/49 | €251,349 | €353,432 | €282,663 | €108,734 | €236,726 | ▲ 118% |
| Amounts payable after more than one year17 | €152,933 | €207,465 | €129,361 | €26,591 | €94,591 | ▲ 256% |
| Financial debts170/4 | - | €207,465 | €129,361 | €26,591 | €94,591 | ▲ 256% |
| Amounts payable within one year42/48 | €95,328 | €145,255 | €153,302 | €79,779 | €138,873 | ▲ 74.1% |
| Current portion of amounts payable after more than one year42 | - | €88,359 | €78,104 | €41,004 | €50,863 | ▲ 24.0% |
| Trade debts44 | €14,980 | €36,582 | €32,408 | €2,048 | €18,839 | ▲ 820% |
| Suppliers440/4 | - | €36,582 | €32,408 | €2,048 | €18,839 | ▲ 820% |
| Taxes, remuneration and social security45 | - | €8,314 | €28,990 | €21,700 | €35,404 | ▲ 63.2% |
| Taxes450/3 | - | €5,482 | €20,370 | €14,159 | €18,790 | ▲ 32.7% |
| Remuneration and social security454/9 | - | €2,832 | €8,620 | €7,541 | €16,614 | ▲ 120% |
| Other amounts payable47/48 | - | €12,000 | €13,800 | €15,027 | €33,767 | ▲ 125% |
| Accrued charges and deferred income492/3 | - | €712 | - | €2,364 | €3,262 | ▲ 38.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,432 | €36,780 | €25,587 | -€6,118 | €39,215 | ▲ 741% |
| + Depreciation and write-downs630 | €48,597 | €63,823 | €80,458 | €60,794 | €39,314 | ▼ 35.3% |
| Operating cash flow (approximation) | €71,029 | €100,603 | €106,045 | €54,676 | €78,529 | ▲ 43.6% |
| Investment in fixed assets (approximation) | - | -€150,982 | -€7,068 | €60,637 | -€167,028 | ▼ 375% |
| Change in cash | - | -€30,120 | €29,273 | -€15,840 | €26,408 | ▲ 267% |
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
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €39,215
Net result €39,215 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €121,345 ▲47.7%
Equity rises from €82,130 to €121,345.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€6,118
Net result drops to -€6,118, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, La Bruyère · 1 establishment unit since 2001
Ground area
1,336 m²
Building footprint
99 m²
Volume, LiDAR
750 m³
Parcel 92103A0142/00T000, Wallonia · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vieux-Chemin-des Isnes,St-Denis 26, 5081 La Bruyère
since 20012.098.206.802
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92103A0142/00T000 | Wallonia | 1,336 m² | 1 · 99 m² | 8.7 m · 3 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.
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 6,390 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-05-2001
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
01309Crop and animal production, hunting and related service activities
01450Raising of sheep and goats
01610Support activities for crop production
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474914473
Also
9925:BE0474914473
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.