COCOCINEL
ActiveSummary
COCOCINEL has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.26M and a net result of €2k. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 28% of 3200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-14
Solvency52=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.61 in 2024; short-term debt: 69.1% and cash: 0.5% of total assets), and 72.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.1%
Return on assets
0%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 27-07-2026, 4 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
4 d early
2024
38 d early
2023
65 d late
2022
32 d late
2021
on the day
2020
1 d early
2019
69 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€893k
EBIT margin
-17.4%
Net result
€2k▼ 98.8%
2024 · €166k
2019: €247k
2020: €145k▼ -41.3% vs 2019
2021: €132k▼ -9.2% vs 2020
2022: €113k▼ -14.2% vs 2021
2023: €333k▲ +194% vs 2022highest in 7 years
2024: €166k▼ -50.1% vs 2023
2025: €2k▼ -98.8% vs 2024lowest in 7 years
2019 → 2025
Working capital
€-1.29M▲ 0.2%
2024 · €-1.29M
2019: €-1.22M
2020: €-1.22M▲ +0.1% vs 2019
2021: €-1.06M▲ +12.6% vs 2020highest in 7 years
2022: €-1.30M▼ -22.1% vs 2021lowest in 7 years
2023: €-1.14M▲ +12.1% vs 2022
2024: €-1.29M▼ -12.9% vs 2023
2025: €-1.29M▲ +0.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€893k
Equity€649k-€762k▲ 17.4%€1.10M▲ 43.7%€1.26M▲ 15.2%€1.26M▲ 0.2%
2021: €649klowest in 5 years
2022: €762k▲ +17.4% vs 2021
2023: €1.10M▲ +43.7% vs 2022
2024: €1.26M▲ +15.2% vs 2023
2025: €1.26M▲ +0.2% vs 2024highest in 5 years
Operating result€-8k-€-25k▼ 198%€91k€8k▼ 90.7%€-155k
2021: €-8k
2022: €-25k▼ -198% vs 2021
2023: €91k▲ +466% vs 2022highest in 5 years
2024: €8k▼ -90.7% vs 2023
2025: €-155k▼ -1928% vs 2024lowest in 5 years
Net result€132k-€113k▼ 14.2%€333k▲ 194%€166k▼ 50.1%€2k▼ 98.8%
2021: €132k
2022: €113k▼ -14.2% vs 2021
2023: €333k▲ +194% vs 2022highest in 5 years
2024: €166k▼ -50.1% vs 2023
2025: €2k▼ -98.8% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €155k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.66M
Fixed assets
€2.73M =
Current assets
€1.93M ▼ 2.4%
Equity and liabilities €4.66M
Equity
€1.26M ▲ 0.2%
Debt
€3.39M ▼ 1.5%
Debt's share of the balance-sheet total falls from 73.2% to 72.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-154k▼
2024 · €10k
Cash flow
€3k▼
2024 · €168k
Current ratio
0.60▼
2024 · 0.61
Debt to equity
2.69▼
2024 · 2.73
ROE
0.2%▼
2024 · 13.2%
ROA
0.0%▼
2024 · 3.5%
Interest coverage
-7.48▼
2024 · 0.44
Debt ≤ 1 year
€3.22M▼
2024 · €3.27M
Debt > 1 year
€175k=
2024 · €175k
Income taxes
€528▲
2024 · €523
Staff costs
€266k▼
2024 · €268k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 67 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.71M€4.66M▼
Fixed assets21/28€2.73M€2.73M=
Tangible fixed assets22/27€1k€304▼
Plant, machinery and equipment23€804€0▼
Furniture and vehicles24€606€304▼
Financial fixed assets28€2.73M€2.73M=
Affiliated companies280/1-€2.73M
Participating interests280-€2.73M
Companies linked by participating interests282/3-€2k
Participating interests282-€2k
Current assets29/58€1.98M€1.93M▼
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€1.95M€1.90M▼
Trade receivables40€116k€115k▼
Other amounts receivable41€1.83M€1.78M▼
Cash at bank and in hand54/58€18k€23k▲
Deferred charges and accrued income490/1€10k€11k▲
Equity and liabilities
Total equity and liabilities10/49€4.71M€4.66M▼
Equity10/15€1.26M€1.26M▲
Contributions10/11€125k€125k=
Reserves13€1.14M€1.14M▲
Non-distributable reserves130/1€13k€13k=
Reserves not available under the articles1311€13k€13k=
Distributable reserves133€1.12M€1.13M▲
Amounts payable17/49€3.44M€3.39M▼
Amounts payable after more than one year17€175k€175k=
Financial debts170/4€175k€175k=
Subordinated loans170-€175k
Amounts payable within one year42/48€3.27M€3.22M▼
Current portion of amounts payable after more than one year42€159k€25k▼
Financial debts43€140k€105k▼
Credit institutions430/8€140k€105k▼
Trade debts44€157k€562k▲
Suppliers440/4€157k€562k▲
Taxes, remuneration and social security45€104k€88k▼
Taxes450/3€57k€4k▼
Remuneration and social security454/9€47k€84k▲
Other amounts payable47/48€2.71M€2.44M▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Operating income70/76A-€919k
Turnover70-€893k
Other operating income74-€26k
Operating charges60/66A-€1.07M
Services and other goods61-€795k
Remuneration, social security and pensions62€268k€266k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€14k€0▼
Other operating charges640/8€2k€13k▲
Gross operating margin9900€295k-
Operating profit (loss)9901€8k€-155k▼
Financial income75/76B€182k€180k▼
Recurring financial income75€182k€180k▼
Income from financial fixed assets750-€180k
Other financial income752/9-€169
Financial charges65/66B€24k€23k▼
Recurring financial charges65€24k€23k▼
Debt charges650-€21k
Other financial charges652/9-€2k
Profit (loss) for the period before taxes9903€166k€2k▼
Income taxes67/77€523€528▲
Taxes670/3-€528
Profit (loss) for the period9904€166k€2k▼
Profit (loss) for the period to be appropriated9905€166k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€166k€2k▼
Transfer to equity691/2€166k€2k▼
To other reserves6921€166k€2k▼
Social balance
Average headcount (FTE)90872.92.6▼
The notes to these accounts (57 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €919k | - |
| Turnover70 | - | - | - | - | €893k | - |
| Other operating income74 | - | - | - | - | €26k | - |
| Operating charges60/66A | - | - | - | - | €1.07M | - |
| Services and other goods61 | - | - | - | - | €795k | - |
| Remuneration, social security and pensions62 | - | €369k | €350k | €268k | €266k | ▼ 1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €826 | €2k | €2k | €1k | ▼ 42.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €14k | €0 | ▼ 100% |
| Other operating charges640/8 | €1k | €990 | €1k | €2k | €13k | ▲ 729% |
| Gross operating margin9900 | €-7k | €346k | €445k | €295k | - | - |
| Operating profit (loss)9901 | €-8k | €-25k | €91k | €8k | €-155k | ▼ 1,928% |
| Financial income75/76B | €151k | €151k | €270k | €182k | €180k | ▼ 0.8% |
| Recurring financial income75 | €151k | €151k | €270k | €182k | €180k | ▼ 0.8% |
| Income from financial fixed assets750 | - | - | - | - | €180k | - |
| Other financial income752/9 | - | - | - | - | €169 | - |
| Financial charges65/66B | €11k | €13k | €25k | €24k | €23k | ▼ 4.2% |
| Recurring financial charges65 | €11k | €13k | €25k | €24k | €23k | ▼ 4.2% |
| Debt charges650 | - | - | - | - | €21k | - |
| Other financial charges652/9 | - | - | - | - | €2k | - |
| Profit (loss) for the period before taxes9903 | €132k | €114k | €337k | €166k | €2k | ▼ 98.5% |
| Income taxes67/77 | - | €630 | €4k | €523 | €528 | ▲ 0.9% |
| Taxes670/3 | - | - | - | - | €528 | - |
| Profit (loss) for the period9904 | €132k | €113k | €333k | €166k | €2k | ▼ 98.8% |
| Profit (loss) for the period to be appropriated9905 | €132k | €113k | €333k | €166k | €2k | ▼ 98.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.36M | €3.93M | €4.12M | €4.71M | €4.66M | ▼ 1.0% |
| Fixed assets21/28 | €2.29M | €2.51M | €2.55M | €2.73M | €2.73M | = |
| Tangible fixed assets22/27 | - | €4k | €3k | €1k | €304 | ▼ 78.5% |
| Plant, machinery and equipment23 | - | €4k | €2k | €804 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | €908 | €606 | €304 | ▼ 49.9% |
| Financial fixed assets28 | €2.29M | €2.51M | €2.55M | €2.73M | €2.73M | = |
| Affiliated companies280/1 | - | - | - | - | €2.73M | - |
| Participating interests280 | - | - | - | - | €2.73M | - |
| Companies linked by participating interests282/3 | - | - | - | - | €2k | - |
| Participating interests282 | - | - | - | - | €2k | - |
| Current assets29/58 | €61k | €1.42M | €1.56M | €1.98M | €1.93M | ▼ 2.4% |
| Stocks and contracts in progress3 | - | - | - | - | €0 | - |
| Amounts receivable within one year40/41 | €31k | €1.40M | €1.51M | €1.95M | €1.90M | ▼ 2.7% |
| Trade receivables40 | €30k | €97k | €122k | €116k | €115k | ▼ 1.4% |
| Other amounts receivable41 | €2k | €1.31M | €1.39M | €1.83M | €1.78M | ▼ 2.8% |
| Cash at bank and in hand54/58 | €29k | €9k | €43k | €18k | €23k | ▲ 25.4% |
| Deferred charges and accrued income490/1 | €750 | €7k | €7k | €10k | €11k | ▲ 6.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.36M | €3.93M | €4.12M | €4.71M | €4.66M | ▼ 1.0% |
| Equity10/15 | €649k | €762k | €1.10M | €1.26M | €1.26M | ▲ 0.2% |
| Contributions10/11 | €125k | €125k | €125k | €125k | €125k | = |
| Reserves13 | €524k | €637k | €970k | €1.14M | €1.14M | ▲ 0.2% |
| Non-distributable reserves130/1 | €13k | €13k | €13k | €13k | €13k | = |
| Reserves not available under the articles1311 | €13k | €13k | €13k | €13k | €13k | = |
| Distributable reserves133 | €512k | €625k | €958k | €1.12M | €1.13M | ▲ 0.2% |
| Amounts payable17/49 | €1.71M | €3.17M | €3.02M | €3.44M | €3.39M | ▼ 1.5% |
| Amounts payable after more than one year17 | €579k | €444k | €310k | €175k | €175k | = |
| Financial debts170/4 | €579k | €444k | €310k | €175k | €175k | = |
| Subordinated loans170 | - | - | - | - | €175k | - |
| Amounts payable within one year42/48 | €1.13M | €2.72M | €2.71M | €3.27M | €3.22M | ▼ 1.5% |
| Current portion of amounts payable after more than one year42 | €134k | €134k | €157k | €159k | €25k | ▼ 84.3% |
| Financial debts43 | - | €210k | €175k | €140k | €105k | ▼ 25.0% |
| Credit institutions430/8 | - | €210k | €175k | €140k | €105k | ▼ 25.0% |
| Trade debts44 | €56k | €66k | €189k | €157k | €562k | ▲ 259% |
| Suppliers440/4 | €56k | €66k | €189k | €157k | €562k | ▲ 259% |
| Taxes, remuneration and social security45 | - | €76k | €100k | €104k | €88k | ▼ 15.0% |
| Taxes450/3 | - | €13k | €12k | €57k | €4k | ▼ 93.2% |
| Remuneration and social security454/9 | - | €64k | €88k | €47k | €84k | ▲ 79.3% |
| Other amounts payable47/48 | €936k | €2.23M | €2.09M | €2.71M | €2.44M | ▼ 10.0% |
| Accrued charges and deferred income492/3 | €2k | €3k | €3k | €2k | €1k | ▼ 43.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €132k | €113k | €333k | €166k | €2k | ▼ 98.8% |
| + Depreciation and write-downs630 | - | €826 | €2k | €2k | €1k | ▼ 42.7% |
| Operating cash flow (approximation) | €132k | €114k | €335k | €168k | €3k | ▼ 98.2% |
| Investment in fixed assets (approximation) | - | €-216k | €-43k | €-179k | €0 | ▲ 100% |
| Change in cash | - | €-20k | €34k | €-25k | €5k | ▲ 119% |
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
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €2k ▼98.8%
Net result drops to €2k, the lowest in the series.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
31-12
Financial
Highest result since 2019net €333k ▲194%
Operating result €91k, net result €333k, both a record.
31-12
Financial
Equity above €1MEq €1.10M ▲43.7%
5 profitable years in a row build equity to €1.10M.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €517k ▲39%
2 profitable years in a row build equity to €517k.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Waasmunster · 2 establishment units since 2018
Ground area
4.1 ha
Building footprint
3.0 ha
Volume, LiDAR
218,244 m³
2 parcels, Flanders · tallest building 21.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
COCOCINEL
since 20182.276.061.844
Cococinel
since 20222.338.984.556
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46383D1240/00W000 | Flanders | 4.1 ha | 1 · 2.9 ha | 21.8 m · 2 fl. |
| 42342C0667/00A000 | Flanders | 690 m² | 1 · 523 m² | 14.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 40 EUR awarded · 40 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 40 EUR | 40 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,495. 1,814 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
Founded07-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.