Turnover
≈ €190,000 estimated
The micro format states no turnover.
COCON
Overview
Lifetime
1 annual account with figurespeak €92,906 (2025)
€92,906
peak €72,218 (2025)
€72,218
peak €76,318 (2025)
€76,318
€31,751
Board1 name since 2024
1 directorCONVENTS Michiel Suzy Marc
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Dividend €900First year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000 5,000 shares
Checked score
97
Excellent
Financially stronger than 77% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 0.4%
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.7%▲ +0.3 percentage points vs 02-2026
04-2026: 0.8%▲ +0.1 percentage points vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026
08-2026: 1.0%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.9%▼ -0.1 percentage points vs 08-2026
10-2026: < 0.1%▼ -0.9 percentage points vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 3.39, cash €85,687
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €108,069
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 66% of them on solvency, 81% on liquidity and 84% on profitability.
The bankruptcy probability was computed on 10-11-2026 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).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as COCON has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of COCON itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for COCON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.39, above the usual 1.5. Short-term debt is 29.4% and cash 79.3% of total assets. 29.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
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 29-06-2026, 32 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
32 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved from Herk-de-Stad to Hasselt
New registered office: Elfde-Liniestraat 13 bus 1403, 3500 Hasselt · Previous registered office: Paulusstraat 34 bus A, 3540 Herk-de-Stad · General meeting of 08-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017207821
Incorporation
Founding capital of €5,000, 5,000 shares · Founder: CONVENTS Michiel Suzy Marc · Appointment: CONVENTS Michiel Suzy Marc (director) · published on 13-12-2024 · Gazette deed
First establishment
Elfde-Liniestraat 13, Hasselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COCON Hasselt | €108,069 | €92,906 | 70.6% | - |
| KAPAIMAHI Hasselt | €98,059 | €87,470 | 63.1% | - |
| Rednaz Hasselt | €125,091 | €103,559 | 70.9% | - |
| TEUN - The Energy Union Hasselt | €122,616 | €105,134 | 60.8% | - |
| FoHa Consulting Bilzen-Hoeselt | €105,923 | €85,406 | 69.0% | - |
| GP-CONSULTING Maasmechelen | €94,618 | €92,406 | 72.0% | - |
| Tine Gielen As | €95,325 | €82,343 | 68.3% | - |
These companies have the same main activity as COCON: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €94,600 and €125,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 11-12-2024Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.367.189.0873500 Hasselt, since 11-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 13-12-2025
Annual accounts 2025
- €92,906
- €72,218
- €76,318
- €108,069
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on COCON
COCON has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,318 and a net result of €72,218.
Its solvency ranks better than 66% of 39,368 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadline€92,906
€92,263
€72,218
€75,737
70.6%
3.39
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €140,000 and €240,000.
Balance sheet
balance sheet total €108,069 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
70.6%
Higher than 66% of 39,368 companies in 2025.
3.39
Higher than 67% of 38,051 companies in 2025.
66.8%
Higher than 94% of 38,523 companies in 2025.
COCON
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
108,069 | |
21/28 |
581 | |
22/27 |
581 | |
24 |
581 | |
29/58 |
107,488 | |
40/41 |
20,966 | |
40 |
20,966 | |
54/58 |
85,687 | |
490/1 |
835 | |
| Balance sheet: equity and liabilities | ||
10/49 |
108,069 | |
10/15 |
76,318 | |
10/11 |
5,000 | |
13 |
71,318 | |
133 |
71,318 | |
17/49 |
31,751 | |
42/48 |
31,751 | |
45 |
30,851 | |
450/3 |
30,851 | |
47/48 |
900 | |
| Income statement | ||
9900 |
92,906 | |
630 |
288 | |
640/8 |
355 | |
9901 |
92,263 | |
65/66B |
1,107 | |
65 |
1,107 | |
9903 |
91,156 | |
67/77 |
18,938 | |
9904 |
72,218 | |
9905 |
72,218 | |
| Appropriation of the result | ||
9906 |
72,218 | |
691/2 |
71,318 | |
6921 |
71,318 | |
694/7 |
900 | |
694 |
900 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00215211 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 92,551 | ||
| 72,506 | ||
| 869 | ||
| 75,737 | ||
| 70.6% | ||
| 3.39 | ||
| 0.42 | ||
| 94.6% | ||
| 66.8% | ||
| 83.64 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €869 |
| €288 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on COCON
Debt's share of the balance-sheet total is 29.4%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 11-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 29-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 13-12-2024
Mandates through the years
1 name, the dashed line is todayCONVENTS Michiel Suzy Marc
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- CONVENTS Michiel Suzy Marc
- Director (not named in the articles), from 11-12-2024 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 5,000
- Contribution per share
- €1
- Equity per share
- €15.26 in 2025
- Source
- deed of 13-12-2024
Articles of association
deed of 13-12-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, algemene vergadering bepaalt aantal,duur en bij meerdere bevoegdheid”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Founder
At incorporation
deed of 13-12-2024 ↗
- CONVENTS Michiel Suzy Marc sole founder · 100% at incorporation
Network & group
No group
COCON has no parent and no holdings in its annual accounts. CONVENTS Michiel Suzy Marc is the only director. COCON shares no director with another company.
At the same address
Elfde-Liniestraat 13, 3500 Hasselt · 3 other companies| Marts
registered office since 04-01-2023 · founded in 2023 |
total assets €75,360 (2025) 0795.717.427 |
| Duman, Tufan (sole trader)
establishment since 01-01-2026 |
founded in 2026 1032.314.085 |
| Hoofdvereniging van Mede-eigenaars Residentie KAPERTOREN te 3500 Hasselt, Elfde-Liniestraat +23
registered office since 27-06-2018 |
founded in 2018 0699.716.527 |
Timeline
Timeline
5 events since 2024Filings
Establishments
Address
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 32 days before the deadline
Registered office moved from Herk-de-Stad to HasseltNew registered office: Elfde-Liniestraat 13 bus 1403, 3500 Hasselt · Previous registered office: Paulusstraat 34 bus A, 3540 Herk-de-Stad · General meeting of 08-12-20253 points ▸
- General meeting, 08-12-2025
- Registered-office move, Elfde-Liniestraat 13 bus 1403, 3500 Hasselt
- Power of attorney, BV JORDENS ACCOUNTANTS
- The deed holds 1 more point.
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017207821
2024
IncorporationFounding capital of €5,000, 5,000 shares · Founder: CONVENTS Michiel Suzy Marc · Appointment: CONVENTS Michiel Suzy Marc (director) · published on 13-12-20243 points ▸
- Founder, CONVENTS Michiel Suzy Marc
- Founding capital, €5,000, 5,000 shares
- Director appointment, CONVENTS Michiel Suzy Marc (director (not named in the articles))
- The deed holds 1 more point.
First establishment Elfde-Liniestraat 13, Hasselt
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
COCON was incorporated on 11 December 2024 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office was moved to Hasselt in 2026.3 Since 2024, CONVENTS Michiel Suzy Marc has served as director.4
Company details
Identity
- Enterprise number
- 1017.207.821
- VAT number
- BE 1017.207.821
- Peppol ID
- 0208:1017207821
- Other Peppol ID
- 9925:BE1017207821
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 11-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 20:00deed of 13-12-2024 (in Dutch)
- Peppol
- Reachable since 13-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- COCON in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 13-12-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Paulusstraat 34A, 3540 Herk-de-Stad”deed of 13-12-2024 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Handel in eigen onroerend goed: flatgebouwen en woningen niet voor bewoning bestemde gebouwen,grond; Verlenen van bouwkundige adviezen aan…”deed of 13-12-2024 (in Dutch)
39 activities
- Handel in eigen onroerend goed: flatgebouwen en woningen niet voor bewoning bestemde gebouwen,grond
- Verlenen van bouwkundige adviezen aan de bouwheer
- Toezien op de bouwwerkzaamheden (ruwbouw,installatie,afwerking,enz.)
- Leiden van belangrijke herstellingswerkzaamheden aan gebouwen
- Overige gespecialiseerde wetenschappelijke en technische activiteiten
- Het eigen beheer van een roerend of onroerend patrimonium
- Ontwikkeling van (niet)residentiële bouwprojecten
- Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken
- Projectontwikkeling voor de bouw van appartementsgebouwen
- Projectontwikkeling voor kantoorbouw
- Projectontwikkeling voor de bouw of de aanleg van: commerciële,en industriële centra,hotels,industriezones en markten,jachthavens,wintersportcentra,enz.
- Algemene bouw van residentiële gebouwen
- Projectontwikkeling met het oog op de verhuur van woningen door huisvestingsmaatschappijen en maatschappijen voor goedkope woningen
- Het verkopen van projecten
- Adviseren van personen in bouwprojecten
- Begeleiden van bouwprojecten
- Handelsbemiddeling van bouwprojecten
- Het geven van verkoopcursussen,opleidingen,e.a.
- Opleiden van personen in zowel aankoop- als verkoopafdelingen
- Beheer van residentieel onroerend goed voor een vast bedrag of op contractbasis
- Verhuur van al dan niet gemeubelde appartementen en huizen
- Verhuur en exploitatie van eigen of geleased residentieel onroerend goed,exclusief sociale woningen
- Handelsbemiddeling in goederen,algemeen assortiment
- Klein- en groothandel in allerlei producten via het internet (e-commerce)
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in ’t kort tussenpersoon in de handel
- Het aanbieden van salesmanagement,business consulting,training en advisory services op het vlak van general management,commercieel management,change management en project- en interimmanagement
- Het vervullen van tijdelijke of permanente leidinggevende taken met alle daarbij horende verantwoordelijkheden en bevoegdheden in ondernemingen of andere organisaties
- Het verlenen van (management)advies en bijstand in de ruime zin aan eender wie,worden onder meer bedoeld het verstrekken van advies van strategische,organisatorische,commerciële,technische,financiële en administratieve aard,evenals op het vlak van bedrijfsbeleid
- Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars,het uitoefenen van opdrachten en functies
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa
- Het verlenen van administratieve prestaties en computerservices
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen
- De verwerving voor eigen rekening van participaties,onder welke vorm het ook zij,in de oprichting,ontwikkeling,omvorming en controle van om het even welke ondernemingen,Belgische of buitenlandse,commerciële,industriële of andere vennootschappen
- De verwerving voor eigen rekening van eender welke titels of rechten door middel van participatie,inbreng,onderschrijving,intekening,plaatsing,waarborg,koop,aankoopoptie,verhandeling,of op iedere andere wijze
- Onderneming in onroerende goederen,welke onder meer omvat: de verwerving,de vervreemding,het beheer,de uitbating,de valorisatie,de verkaveling,de ordening,de huur en de verhuur,het doen bouwen en het verbouwen,de procuratie
- Huren en verhuren van alle gebouwen en ruimten nodig voor evenementen van de onderneming,organiseren in eigen naam,voor derden,of als tussenpersoon,van alle evenementen voor eigen manifestaties en deze van derden of voor derden
- Het verwerven van participaties,in eender welke vorm,in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt
- Het verlenen aan de ondernemingen waarin zij deelneemt,al dan niet bezoldigd,van alle bijstand,hetzij technisch,commercieel,administratief of op het vlak van algemeen beheer,hetzij financieel,met inbegrip van de borgstelling,hypotheek verlenen,avalgeving en in pandgeving van onroerende goederen
- Overige zakelijke dienstverlening,n.e.g.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Elfde-Liniestraat 13 registered office 3500 Hasselt | 11-12-2024 | 2.367.189.087 |
1 former office
- Paulusstraat 34 bus, 3540 Herk-de-Stad until 16-12-2025 · deed of 13-02-2026
Buildings and parcels at the address
- Ground area
- 3,766 m²
- Buildings
- 393 m²
- Volume, LiDAR
- 421 m³
- Tallest building
- 6.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71323C0286/00F002 | 3,766 m² | 1 · 393 m² | 6.6 m |