COCO CLEAN
The computed 12-month bankruptcy probability of COCO CLEAN is 2.2% (moderate). The 2024 annual accounts show negative equity (€-37k) and a net result of €10k. Equity is shrinking by ~56.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 3311 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-37k |
| Net result | €10k |
| Better than sector | 13% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -51.1% | 25.2% | |
| Net result | €10k | €4k | |
| Equity | €-37k | €22k | |
| Gross operating margin | €18k | €19k | |
| Total assets | €72k | €104k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €18k |
| Net profit | €10k |
| Cash flow | €17k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €72k |
| Equity | €-37k |
| Debt | €109k |
| of which ≤ 1y | €109k |
| of which > 1y | - |
| Working capital | €-51k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.53 |
| Quick ratio | 0.45 |
| Working capital ratio | -70.5% |
| Solvency | -51.1% |
| Debt / equity | -2.96 |
| Long-term debt ratio | - |
| Interest coverage | 17.12 |
| Gross margin | - |
| Net margin | - |
| ROA | 14.2% |
| ROE | -27.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €72k |
| Fixed assets | 21/28 | €14k |
| Intangible fixed assets | 21 | €14k |
| Current assets | 29/58 | €58k |
| Stocks & contracts in progress | 3 | €9k |
| Amounts receivable within one year | 40/41 | €49k |
| Cash & bank | 54/58 | €115 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €72k |
| Equity | 10/15 | €-37k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-39k |
| Amounts payable | 17/49 | €109k |
| Amounts payable within one year | 42/48 | €109k |
| Trade debts payable within one year | 44 | €12k |
| Income statement | ||
| Gross operating margin | 9900 | €18k |
| Operating result | 9901 | €11k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €10k |
| Net result for the period | 9904 | €10k |
| Result to be appropriated | 9905 | €10k |
| NACE primary | Wholesale trade(46423) |
| Legal form | Private limited company(610) |
| Incorporation | 07-01-2021 |
| Status | Active |
| Postal code | 2960 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11009M0067/00N011 | Flanders | 931 m² | 1 · 197 m² | 9.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-04-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Nicolas VERBIST",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-04-19",
"filing_date": "2024-04-17",
"act_kind_objet": "BENAMING"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-04-17",
"unanimous": true
},
"agm_change": null,
"detected_kind": "name_change",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "0760.932.930",
"name_full": "FOR MODELS AND MERMAIDS",
"legal_form": "BV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"de uitgifte van de notulen",
"de geco\u00F6rdineerde tekst der statuten",
"het verslag van het bestuursorgaan over de wijziging aan het voorwerp"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": {
"grantee_kbo": null,
"grantee_name": "FILOTAX",
"grantor_name": "FOR MODELS AND MERMAIDS",
"scope_summary": "De besloten vennootschap FILOTAX wordt gemachtigd om alle mogelijke formaliteiten te vervullen betreffende neerleggingen en/of verklaringen op het ondernemingsloket, op de griffie van de ondernemingsrechtbank en/of Registratiekantoor en/of bij alle administratieve autoriteiten, alsook bij de administratie van de belasting over de toegevoegde waarde en andere fiscale instanties. Deze machtigingen betreffen alle mogelijke wijzigingen, inschrijvingen, doorhalingen en andere formaliteiten voor alle ",
"monetary_cap_eur": null,
"scope_categories": [
"tax",
"other"
],
"termination_clause": null,
"substitution_allowed": true
},
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | COCO CLEAN |