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COCON GROUP

Active
Private limited companyfounded 2025active for 1 yearWaterhoenlaan(MEL) 70, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 1024.000.393
Summary

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 2,862 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Fitness centres
NACE 93130
1 site
Size
€6,452total assets 2025
Equity
-€4,381
Loss
-€9,381
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
2025 accounts 72 days early
Why 53raises riskCapped at 59: negative equityNegative equity -€4,381lowers riskSector: Sports, amusement and recreation activities (NACE 93)Size: total assets €6,452Liquidity: current ratio 0.60, cash €4,950Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 21% of its sector peers (NACE 93, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency 0
equity -67.9% of total assets
Liquidity 50
short-term debt 167.9% · cash 76.7%
Profitability 0
return on assets -145.4%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (4,265 companies, NACE 93, micro)
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
No credit on open account
Liquidity insufficient (current ratio 0.6, below 1; short-term debt: 167.9% and cash: 76.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 9% on solvency, 48% on liquidity and 7% on profitability.

The bankruptcy probability was computed on 30-10-2026 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.

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

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
lowers risk · Size: total assets €6,452
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€4,381
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
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointments: VAN RAEMDONCK Daphne Marie-Cecile…

Financials · financial year 2025, micro format

Equity
-€4,381
Total assets
€6,452
Net result
-€9,381
Working capital
-€4,381

Turnover and EBIT margin not published: the micro format does not require them.

Key figures and ratios
2025 value
Solvency
-67.9%
Current ratio
0.60
ROA
-145.4%
Debt
€10,833
Debt ≤ 1 year
€10,833
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.2% are still going.

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

For this company itself Checked computes a lower bankruptcy probability: 0.4% 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 497,445 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,322 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 · 22 lines
Balance sheet Code2025
Assets
Total assets20/58€6,452
Current assets29/58€6,452
Amounts receivable within one year40/41€1,477
Other amounts receivable41€1,477
Cash at bank and in hand54/58€4,950
Deferred charges and accrued income490/1€25
Equity and liabilities
Total equity and liabilities10/49€6,452
Equity10/15-€4,381
Contributions10/11€5,000
Profit (loss) carried forward14-€9,381
Amounts payable17/49€10,833
Amounts payable within one year42/48€10,833
Trade debts44€4,551
Suppliers440/4€4,551
Other amounts payable47/48€6,282
Income statement Code2025
Other operating charges640/8€331
Gross operating margin9900-€9,050
Operating profit (loss)9901-€9,381
Profit (loss) for the period before taxes9903-€9,381
Profit (loss) for the period9904-€9,381
Profit (loss) for the period to be appropriated9905-€9,381
Appropriation of the result
Profit (loss) to be appropriated9906-€9,381

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€331
Gross operating margin9900-€9,050
Operating profit (loss)9901-€9,381
Profit (loss) for the period before taxes9903-€9,381
Profit (loss) for the period9904-€9,381
Profit (loss) for the period to be appropriated9905-€9,381
Line2025
Assets
Total assets20/58€6,452
Current assets29/58€6,452
Amounts receivable within one year40/41€1,477
Other amounts receivable41€1,477
Cash at bank and in hand54/58€4,950
Deferred charges and accrued income490/1€25
Equity and liabilities
Total equity and liabilities10/49€6,452
Equity10/15-€4,381
Contributions10/11€5,000
Profit (loss) carried forward14-€9,381
Amounts payable17/49€10,833
Amounts payable within one year42/48€10,833
Trade debts44€4,551
Suppliers440/4€4,551
Other amounts payable47/48€6,282
Line2025
Profit (loss) for the period9904-€9,381
Operating cash flow (approximation)-€9,381

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 20-11-2025 2025-00568531

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 1,508 active companies whose main activity is fitness centres (NACE 93130), figures are known for 729. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, 2 in day-to-day management, no change since 2025

Board 2

DE GROOF Atuk Tuko Remco
Director (not named in the articles) · since 04-06-2025
Current
VAN RAEMDONCK Daphne Marie-Cecile Roger
Director (not named in the articles) · since 04-06-2025
Current

Day-to-day management 2

DE GROOF Atuk Tuko Remco
Managing director · since 04-06-2025
Current
VAN RAEMDONCK Daphne Marie-Cecile Roger
Managing director · since 04-06-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2025, 2 in office
Show
  • Board
  • Day-to-day management
Mandates per person, with start and end dates
Name Functions and periods
DE GROOF Atuk Tuko Remco
  • Director (not named in the articles), from 04-06-2025 to date
  • Managing director, from 04-06-2025 to date
VAN RAEMDONCK Daphne Marie-Cecile Roger
  • Director (not named in the articles), from 04-06-2025 to date
  • Managing director, from 04-06-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 06-06-2025 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 06-06-2025 Incorporation · €5,000 · 5,000 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 4 June 2025, COCON GROUP was incorporated as a private limited company by two natural persons, with a starting capital of €5,000.12 Of the 2 current board members, 2 have served since 2025.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 06-06-2025
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2025
20-11
NBB filing Annual accounts filed
financial year 2025 · micro format
06-06
Gazette deed Incorporation
Appointments: VAN RAEMDONCK Daphne Marie-Cecile Roger (director) and DE GROOF Atuk Tuko Remco (director) · Founder · Board rule10 facts ▸
  • Incorporation, 04-06-2025
  • Founder, VAN RAEMDONCK Daphne Marie-Cecile Roger
  • Founder, DE GROOF Atuk Tuko Remco
  • Board rule, 2, “vergadering” (deed in Dutch)
  • Director appointment, VAN RAEMDONCK Daphne Marie-Cecile Roger (director (not named in the articles))
  • Director appointment, DE GROOF Atuk Tuko Remco (director (not named in the articles))
  • Director appointment, DE GROOF Atuk Tuko Remco (managing director)
  • Director appointment, VAN RAEMDONCK Daphne Marie-Cecile Roger (managing director)
  • Power of attorney, VAN LOOY ACCOUNTANTS
  • Founding capital, €5,000
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded04-06-2025
Financial year end30-06
Activities, NACEBEL 2025
93130Fitness centres
47750Retail sale of cosmetics and toilet articles
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID 0208:1024000393
Also 9925:BE1024000393

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

Register as of 31 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
2,052 m²
Building footprint
822 m²
Building volume
18,530 m³
2 parcels, Brussels, Flanders · tallest building 32.5 m. Linked by address, not a title deed.
1 establishment unit
COCON GROUP
Brand Whitlocklaan 87, 1200 Sint-Lambrechts-WoluweFitness centres
since 2025unit no. 2.374.508.827
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
21673D0160/00A010 Brussels 1,658 m² 1 · 698 m² 32.5 m · 9
46016C0900/00T000 Flanders 394 m² 1 · 123 m² 8.5 m · 1
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Reformer pilates; Mat pilates; Yoga; Events organiseren; Uitbouwen van een community; Het opzetten van technologie; Welness diensten…” (deed in Dutch)
19 activities (deed in Dutch)
  1. Reformer pilates
  2. Mat pilates
  3. Yoga
  4. Events organiseren
  5. Uitbouwen van een community
  6. Het opzetten van technologie
  7. Welness diensten
  8. Gezondheidsconsulting
  9. Coaching
  10. Verkopen van gezondheidsproducten
  11. Voeding en supplementen
  12. Kledij
  13. En andere merchandise producten
  14. Voedingscoaching
  15. Sportactiviteiten
  16. Schoonheidsinstituut en cosmetica behandelingen
  17. Organiseren van events in binnen en buitenland
  18. Coworking
  19. Organiseren van reizen

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
COCON GROUP
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, Waterhoenlaan 70” (deed in Dutch)

deed of 06-06-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem…”
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, 1” (deed in Dutch)

deed of 06-06-2025

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
One provision in the deed

deed of 06-06-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
30 August at 13:00
Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
“Elke aandeelhouder kan aan ieder andere persoon, al dan niet aandeelhouder een schriftelijke volmacht geven om zich te laten…” (deed in Dutch)
Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
“Een aandeelhouder die niet aanwezig kan zijn, heeft tevens de mogelijkheid om zijn stem vooraf schriftelijk (bij brief of elektronisch op…” (deed in Dutch)
2 more provisions on this in the deed

deed of 06-06-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Hij kan bijzondere machten toekennen aan een bijzondere mandataris., bijzondere mandataris” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering, De aandeelhouders kunnen, binnen de wettelijke grenzen, eenparig en schriftelijk alle besluiten nemen…” (deed in Dutch)
Other provision: “Schriftelijke bijzondere algemene vergadering, de datum van het door alle aandeelhouders ondertekende besluit geacht de datum te zijn waarop…” (deed in Dutch)
Other provision: “Elektronische algemene vergadering, De oproeping tot de algemene vergadering omvat een heldere en nauwkeurige beschrijving van de krachtens…” (deed in Dutch)
11 more provisions in the deed, see the deed of 06-06-2025

deed of 06-06-2025