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COCOCINEL

Active Private limited companyfounded 2018active for 8 yearsOudeheerweg-Heide 1, 9250 WaasmunsterKBO/BCE: BE 0691.807.760 #8 company by total assets in Waasmunster, Professional and technical services sector
Heads the group COCOCINEL 14 companies
See the group

Lifetime

7 annual accounts with figures on one time axis
peak €444,606 (2023)
-not published
peak €332,807 (2023)
€1,944▼ 98.8%
peak €1.3m (2025)
€1.3m▲ 0.2%
€3.4m▼ 1.5%
peak 4.3 FTE (2022)
2.6 FTE▼ 10.3%
Board5 names since 2018
3 directorsENGELS B&E and 2 others
Documentsfilings and deeds
27-07-20264 days before the deadline
2025financial year
Result from €165,958 to €1,944Staff from 2.9 FTE to 2.6 FTE

Key points

from the 2025 annual accounts

Overdue debts

€58,440 on 31-12-2025
Overdue tax debts
€3,325
Overdue social security (RSZ) debts
€55,115

The annual accounts state €3,325 of overdue tax debts and €55,115 of overdue social security (RSZ) debts on 31-12-2025.

Equity

€1.3m ▲ 0.2%

COCOCINEL has made a profit in every financial year since 2019.

Result

€1,944 ▼ 98.8%
€166,0002024€1,9402025

The result fell in 2025: different schema filed.

Debts

€3.4m 73% of the balance sheet
Financial debts 8%Suppliers 17%Taxes and wages 3%Other 73%

€175,000 of the debts are secured on the company's own assets.

Filings

7 annual accounts 3 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 69 days after the end of the period.

Group

12 companies controlled

Heads a group.

Checked score

79
Excellent
Financially stronger than 22% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 1.1%▲ +0.3 percentage points vs 05-2025highest value 07-2025: 0.6%▼ -0.5 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value 11-2026: 0.5%● unchanged vs 10-2026lowest value

Financial strength
Weak

52=equity 27.1% of total assets
14+1short-term debt 69.1% · cash 0.5%
13-14return on assets 0.0%

Score breakdown

raises risk
Liquidity: current ratio 0.60, cash €22,777
1 of the last 3 accounts late
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: turnover €893,301, 2.6 FTE, total assets €4.7m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 28% of them on solvency, 6% on liquidity, 11% on profitability and 42% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit verdict

Credit of up to €85,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.6 (0.61 in 2024), below 1. Short-term debt is 69.1% and cash 0.5% of total assets. 72.9% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.60, cash €22,777
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: turnover €893,301, 2.6 FTE, total assets €4.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
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 filings
Deviation from the deadline
2025
4 days early
2024
38 days early
2023
65 days late
2022
32 days late
2021
on the day
2020
1 day early
2019
69 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

EC
Director, since 07-03-2018
EB
Director, ENGELS Didier, since 05-03-2024
JI
Director, ENGELS Christophe, since 05-03-2024

Shares in 4 companies, including EWG and EDMOND

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0691807760
2 directors appointed, 2 managers resigning Change of role: ENGELS Cédric, from manager to director · Resignations: ENGELS Christophe (manager) and ENGELS Didier (manager) · Appointments: J&M INVEST (director) and ENGELS B&E (director) · General meeting of 04-03-2024 · Gazette deed
New establishment in Lokeren Gentse Steenweg 136
Registered office moved from Lokeren to Waasmunster New registered office: Oude Heerweg-Heide 1, 9250 Waasmunster · Previous registered office: Gentse Steenweg 136, 9160 Lokeren · Board meeting of 01-07-2021 · Gazette deed
All 17 events

Comparable companies

same main activity, similar in size and age
Company
COCOCINEL Waasmunster €0.9m -17.4% 27.1% 2.6
HELLEVE Gavere €0.5m 84.1% 68.5% 0.3
D & O MOBILITY GROUP Beersel €2.2m 3.4% 32.6% 3
Woongroep Alleman Roeselare €2.0m 15.7% 54.7% 4.3
B3B Sint-Truiden €0.3m 1.0% 67.4% 1.5
FORTINUM Hooglede €1.6m 60.3% 35.2% 6.2
The Lodge Group Scherpenheuvel-Zichem €1.3m 5.8% -11.4% 7
-10%0%10%20%€500,000€5m€50m€500mCOCOCINELEBIT margin

Grey: the largest companies of the sector (head offices and management consultancy (NACE 70)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as COCOCINEL: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €3.7m and €9.4m, founded between 2014 and 2018.

Official details

Source: KBO
Status
Active since 07-03-2018Normal situation
Activity
Activities of head officesNACE 70100and 2 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment units
2.276.061.8449250 Waasmunster, since 07-03-2018
2.338.984.5569160 Lokeren, since 01-01-2022
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€4.7m▼ 1.0%
Employeeson 31-12-2025
3=
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Companies linked to COCOCINEL

Insights on COCOCINEL

COCOCINEL has existed since 2018. The gross margin grew from €38,223 in 2019 to €294,777 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about COCOCINEL

What is the company number of COCOCINEL?
The company number of COCOCINEL is 0691.807.760. The VAT number is the same number with BE in front: BE 0691.807.760.
Where is COCOCINEL based?
The registered office is at Oudeheerweg-Heide 1, 9250 Waasmunster.Company details
What does COCOCINEL do?
According to the KBO register, the main activity is activities of head offices (NACE 70100).
What is the legal form of COCOCINEL?
COCOCINEL is a private limited company (BV).
When was COCOCINEL founded?
COCOCINEL was founded on 07-03-2018.
Is COCOCINEL still active?
Yes, COCOCINEL is an active enterprise in the KBO register.
How many employees does COCOCINEL have?
COCOCINEL had an average of 2.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does COCOCINEL fall under?
In its 2025 annual accounts, COCOCINEL states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of COCOCINEL?
The turnover of COCOCINEL was €893,301 in financial year 2025, according to the filed annual accounts.
Is COCOCINEL profitable?
In financial year 2025, COCOCINEL made a profit of €1,944.
Where can I find the annual accounts of COCOCINEL?
COCOCINEL filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COCOCINEL due?
COCOCINEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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