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COCON GROUP

Active Private limited companyfounded 2025active for 1 yearWaterhoenlaan 70, 9120 Beveren-Kruibeke-ZwijndrechtKBO/BCE: BE 1024.000.393

Lifetime

1 annual account with figures
peak -€9,050 (2025)
-€9,050 
lowest -€9,381 (2025)
-€9,381 
peak -€4,381 (2025)
-€4,381 
€10,833 
Board2 names since 2025
2 directorsDE GROOF Atuk Tuko Remco and 1 other
Documentsfilings and deeds
20-11-202572 days before the deadline
2025micro format
Loss of €9,381Incorporation 06-061 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Equity

-€4,381
2025

Debts exceed assets in financial year 2025.

Debts

€10,833 168% of the balance sheet

Position in the sector

-67.9%

Lower solvency than 87% of companies in sports and recreation. Sector median 27.7% · 2,882 companies.

Turnover not published (micro format)

Checked score

53
Fair
Financially stronger than 21% of micro companies in sports and recreation (NACE 93)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 4,271 companies (NACE 93, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 07-2026: 0.4%lowest value 08-2026: 0.4%● unchanged vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026highest value 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Weak

0equity -67.9% of total assets
50short-term debt 167.9% · cash 76.7%
0return on assets -145.4%

Score breakdown

raises risk
Capped at 59: negative equity
Negative equity -€4,381
lowers risk
Sector: Sports, amusement and recreation activities (NACE 93)
Size: total assets €6,452
Liquidity: current ratio 0.60, cash €4,950
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 93, micro). It does better than 9% of them on solvency, 48% on liquidity and 7% 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 30-06-2025.

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, 1,322 companies had the same profile as COCON GROUP has now. Each dot stands for 4 companies, two years later.

90.2%
were still trading
5.5%
stopped another way
4.2%
went bankrupt
  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

The bankruptcy probability of COCON GROUP itself is lower: 0.4% within 12 months. It rests on far more data about COCON GROUP than the profile alone.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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% 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 1,322 companies, not a prediction for COCON GROUP. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.6, below 1. Short-term debt is 167.9% and cash 76.7% of total assets. Equity is negative.

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

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
raises risk · Negative equity -€4,381
NBB · annual accounts
lowers risk · Size: total assets €6,452
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.60, cash €4,950
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 years
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-11-2025, 72 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
72 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Board and ownership

DG
Managing director
  • VAN RAEMDONCK Daphne Marie-Cecile Roger 2,500 sharesdeed of 06-06-2025
  • DE GROOF Atuk Tuko Remco 2,500 sharesdeed of 06-06-2025
Board & ownership

Recent changes

Incorporation Founding capital of €5,000, 5,000 shares · Founders: VAN RAEMDONCK Daphne Marie-Cecile Roger and DE GROOF Atuk Tuko Remco · Appointments: VAN RAEMDONCK Daphne Marie-Cecile Roger (director) and DE GROOF Atuk Tuko Remco (director) · published on 06-06-2025 · Gazette deed
First establishment Brand Whitlocklaan 87, Woluwe-Saint-Lambert
All 3 events

Comparable companies

same main activity, similar in size and age
Company
COCON GROUP Beveren-Kruibeke-Zwijndrecht €6,452 -€9,050 -67.9% -
COREVIA Ixelles €5,388 -€2,552 44.5% -
Perssonal Ghent €10,562 -€18,917 -44.2% -
ADVENTOR Brussels €7,232 -€2,854 100.0% -
DARK LAND Charleroi €5,985 -€2,314 26.6% -
VWP Group Evergem €8,610 -€4,205 -41.5% -
STUDIO TIME Etterbeek €3,440 -€1,777 21.0% -

These companies have the same main activity as COCON GROUP: fitness centres (NACE 93130). They are comparable in size and age: total assets between €3,440 and €10,600, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 04-06-2025Normal situation
Activity
Fitness centresNACE 93130and 2 others
Establishment unit
2.374.508.8271200 Woluwe-Saint-Lambert, since 04-06-2025
Financial year end
30 June
Peppol
Reachable
Company details

Annual accounts to 30-06-2025

€6,452
Filing
Filed on 20-11-2025, 72 days before the end of the filing period
Financials

Insights on COCON GROUP

COCON GROUP has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4,381) and a net result of -€9,381.

Its solvency ranks better than 12% of 2,882 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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 COCON GROUP

What is the company number of COCON GROUP?
The company number of COCON GROUP is 1024.000.393. The VAT number is the same number with BE in front: BE 1024.000.393.
Where is COCON GROUP based?
The registered office is at Waterhoenlaan 70, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
What does COCON GROUP do?
According to the KBO register, the main activity is fitness centres (NACE 93130).
What is the legal form of COCON GROUP?
COCON GROUP is a private limited company (BV).
When was COCON GROUP founded?
COCON GROUP was founded on 04-06-2025.
Is COCON GROUP still active?
Yes, COCON GROUP is an active enterprise in the KBO register.
What is the turnover of COCON GROUP?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is COCON GROUP profitable?
In financial year 2025, COCON GROUP made a loss of €9,381.
Where can I find the annual accounts of COCON GROUP?
COCON GROUP filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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