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COCOMO

Active
Private limited company (pre-2019)founded 200223 yrs activeSint-Quirinusstraat 6, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0478.992.037
Summary

The computed 12-month bankruptcy probability of COCOMO is 2.6% (moderate). The 2025 annual accounts show equity of €108,086 and a net result of -€709. Equity remains stable across the filed fiscal years (±1.3% per year). The company has been active since 2002 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Checked score

Score 2025
Axes · tick = 2024
Profitability36▼-2
Solvency100=
Growth52=
Track record84
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 28.93 against 9.68 in 2024; short-term debt: 3.5% and cash: 30.7% of total assets), and 3.5% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
112 d late
2023
477 d late
2022
843 d late
2021
1208 d late
2020
26 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 390 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Late accounts filingStrikeout withdrawn
Checked, nothing found (1)
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. Usually files around 20 November (4 of the last 5 filed years within 447 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline

History

COCOMO was incorporated on 10 December 2002.1 Total assets rose from EUR 88,029 in 2018 to EUR 111,956 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€108,086▼ 0.7%
2024 · €108,794
Total assets
€111,956▼ 7.5%
2024 · €120,971
Net result
-€709
2024 · €0
Working capital
€108,086▲ 2.2%
2024 · €105,722
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
Line20212022202320242025
Operating result-€793-€240▲ 69.7%€0€0-€4,249
Net result€1,450▼ 89.9%€1,441▼ 0.6%€0▼ 100%€0-€709
Equity€107,354▲ 1.4%€108,794▲ 1.3%€108,794=€108,794=€108,086▼ 0.7%
Total assets€119,140▼ 6.8%€120,971▲ 1.5%€120,971=€120,971=€111,956▼ 7.5%
Debt€11,786▼ 46.1%€12,177▲ 3.3%€12,177=€12,177=€3,870▼ 68.2%
Working capital€104,041▲ 4.1%€105,722▲ 1.6%€105,722=€105,722=€108,086▲ 2.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0€2,000Operating result 2021: -€793-€793Net result 2021: €1,450€1,450Operating result 2022: -€240-€240Net result 2022: €1,441€1,441Operating result 2023: €0€0Net result 2023: €0€0Operating result 2024: €0€0Net result 2024: €0€0Operating result 2025: -€4,249-€4,249Net result 2025: -€709-€70920212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: €0€0Net result 2023: €0€0Operating result 2024: €0€0Net result 2024: €0€0Operating result 2025: -€4,249-€4,250Net result 2025: -€709-€709202320242025
The operating result turns negative in 2025: a loss of €4,249 after €0 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €111,956
Equity €108,086 ▼ 0.7%
Debt €3,870 ▼ 68.2%
Debt's share of the balance-sheet total falls from 10.1% to 3.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
28.93▲
2024 · 9.68
Debt to equity
0.04▼
2024 · 0.11
ROE
-0.7%▼
2024 · 0.0%
ROA
-0.6%▼
2024 · 0.0%
Debt ≤ 1 year
€3,870▼
2024 · €12,177
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.6% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 12,321 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€120,971€111,956▼
Fixed assets21/28€3,072-
Tangible fixed assets22/27€3,072-
Land and buildings22€3,072-
Current assets29/58€117,899€111,956▼
Amounts receivable within one year40/41€60,344€77,593▲
Other amounts receivable41€60,344€77,593▲
Cash at bank and in hand54/58€57,555€34,363▼
Equity and liabilities
Total equity and liabilities10/49€120,971€111,956▼
Equity10/15€108,794€108,086▼
Contributions10/11€18,600€18,600=
Reserves13€90,194€90,194=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€88,334€88,334=
Profit (loss) carried forward14--€709
Amounts payable17/49€12,177€3,870▼
Amounts payable within one year42/48€12,177€3,870▼
Trade debts44€1,023€363▼
Suppliers440/4€1,023€363▼
Taxes, remuneration and social security45€11,154€3,507▼
Taxes450/3€11,154€3,507▼
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61-€657
Other operating charges640/8-€520
Non-recurring operating charges66A-€3,072
Gross operating margin9900€0-€657▼
Operating profit (loss)9901€0-€4,249▼
Financial income75/76B-€3,725
Recurring financial income75-€3,725
Financial charges65/66B-€184
Recurring financial charges65-€184
Profit (loss) for the period before taxes9903€0-€709▼
Profit (loss) for the period9904€0-€709▼
Profit (loss) for the period to be appropriated9905€0-€709▼
Appropriation of the result
Profit (loss) to be appropriated9906€0-€709▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Goods, raw materials, services and sundry goods60/61----€657-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,610€240----
Other operating charges640/8€410---€520-
Non-recurring operating charges66A----€3,072-
Gross operating margin9900€2,227€0€0€0-€657-
Operating profit (loss)9901-€793-€240€0€0-€4,249-
Financial income75/76B€3,352€2,072--€3,725-
Recurring financial income75€3,352€2,072--€3,725-
Financial charges65/66B€191---€184-
Recurring financial charges65€191---€184-
Profit (loss) for the period before taxes9903€2,368€1,832€0€0-€709-
Income taxes67/77€918€391----
Profit (loss) for the period9904€1,450€1,441€0€0-€709-
Profit (loss) for the period to be appropriated9905€1,450€1,441€0€0-€709-
Line20212022202320242025Change
Assets
Total assets20/58€119,140€120,971€120,971€120,971€111,956▼ 7.5%
Fixed assets21/28€3,312€3,072€3,072€3,072--
Tangible fixed assets22/27€3,312€3,072€3,072€3,072--
Land and buildings22€3,312€3,072€3,072€3,072--
Current assets29/58€115,827€117,899€117,899€117,899€111,956▼ 5.0%
Amounts receivable within one year40/41€58,272€60,344€60,344€60,344€77,593▲ 28.6%
Other amounts receivable41€58,272€60,344€60,344€60,344€77,593▲ 28.6%
Cash at bank and in hand54/58€57,555€57,555€57,555€57,555€34,363▼ 40.3%
Equity and liabilities
Total equity and liabilities10/49€119,140€120,971€120,971€120,971€111,956▼ 7.5%
Equity10/15€107,354€108,794€108,794€108,794€108,086▼ 0.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Outside capital11€18,600-----
Other1109/19€18,600-----
Reserves13€88,754€90,194€90,194€90,194€90,194=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€86,894€88,334€88,334€88,334€88,334=
Profit (loss) carried forward14-----€709-
Amounts payable17/49€11,786€12,177€12,177€12,177€3,870▼ 68.2%
Amounts payable within one year42/48€11,786€12,177€12,177€12,177€3,870▼ 68.2%
Trade debts44€1,023€1,023€1,023€1,023€363▼ 64.5%
Suppliers440/4€1,023€1,023€1,023€1,023€363▼ 64.5%
Taxes, remuneration and social security45€10,763€11,154€11,154€11,154€3,507▼ 68.6%
Taxes450/3€10,763€11,154€11,154€11,154€3,507▼ 68.6%
Line20212022202320242025Change
Profit (loss) for the period9904€1,450€1,441€0€0-€709-
+ Depreciation and write-downs630€2,610€240----
Operating cash flow (approximation)€4,060€1,681€0€0-€709-
Investment in fixed assets (approximation)-€0€0€0--
Change in cash-€0€0€0-€23,192-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Weakest financial yearnet -€709
Net result drops to -€709, the lowest in the series.
31-12
Financial Liquidity triplescurrent ratio 28.93
Current ratio from 9.68 to 28.93; short-term debt falls from €12,177 to €3,870.
05-12
KBO administration Strikeout withdrawn
20-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 112 days late
20-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 477 days late
20-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 843 days late
20-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1208 days late
08-09
KBO administration Late accounts filing
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial Equity above €100,000Eq €105,904 ▲15.6%
3 profitable years in a row build equity to €105,904.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Show earlier events
2019
31-12
Financial Highest result since 2018net €15,718 ▲27.9%
Operating result €19,685, net result €15,718, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Heusden-Zolder · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
1,053 m²
Building footprint
209 m²
Volume, LiDAR
899 m³
Parcel 71462E0857/00M000, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Sint-Quirinusstraat 6, 3550 Heusden-Zolder
NACE 4542201
since 20032.126.455.972
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71462E0857/00M000 Flanders 1,052 m² 1 · 209 m² 8.7 m · 1 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded10-12-2002
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.