COCOON CONSTRUCT
ActiveCOCOON CONSTRUCT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-48k) and a net result of €-8k. Equity is shrinking by ~73% per year across the filed fiscal years. Its solvency ranks better than 5% of 19348 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16 against 0.27 in 2023; short-term debt: 491.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-391.9%
Return on assets
-62.2%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-48k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-06-2025, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d early
2023
49 d early
2022
60 d early
2021
53 d early
2020
42 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-48k▼ 18.9%
2023 · €-41k
2018: €-12k
2019: €-1k
2020: €1k
2021: €6k
2022: €-31k
2023: €-41k
2018 → 2024
Total assets
€12k▼ 69.1%
2023 · €40k
2018: €22k
2019: €38k
2020: €81k
2021: €60k
2022: €29k
2023: €40k
2018 → 2024
Net result
€-8k▲ 22.5%
2023 · €-10k
2018: €10k
2019: €11k
2020: €3k
2021: €4k
2022: €-36k
2023: €-10k
2018 → 2024
Working capital
€-51k▲ 13.3%
2023 · €-59k
2018: €-19k
2019: €-7k
2020: €-2k
2021: €3k
2022: €-35k
2023: €-59k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1k-€6k▲ 300%€-31k€-41k▼ 32.2%€-48k▼ 18.9%
Operating result€3k-€5k▲ 92.6%€-36k€-10k▲ 73.4%€-7k▲ 26.1%
Net result€3k-€4k▲ 66.6%€-36k€-10k▲ 72.8%€-8k▲ 22.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2024 against €10k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12k
Fixed assets
€2k▼ 86.6%
Current assets
€10k▼ 54.9%
Key figures and ratios
EBITDA
€-6k▼
2023 · €-3k
Cash flow
€-7k▼
2023 · €-4k
Solvency
-391.9%▼
2023 · -101.9%
Current ratio
0.16▼
2023 · 0.27
Quick ratio
0.15▼
2023 · 0.18
Debt / equity
-1.26▲
2023 · -1.98
ROA
-62.2%▼
2023 · -24.8%
Interest coverage
-22.42▼
2023 · -12.28
Debt
€61k▼
2023 · €81k
Debt ≤ 1 year
€61k▼
2023 · €81k
Income taxes
€316▲
2023 · €-29
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€40k€12k▼
Fixed assets21/28€18k€2k▼
Tangible fixed assets22/27€16k€36▼
Plant, machinery and equipment23€1k€36▼
Furniture and vehicles24€14k-
Financial fixed assets28€2k€2k=
Current assets29/58€22k€10k▼
Stocks and contracts in progress3€8k€1k▼
Stocks30/36€8k€1k▼
Amounts receivable within one year40/41€7k€9k▲
Trade receivables40€3k€8k▲
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€8k-
Equity and liabilities
Total equity and liabilities10/49€40k€12k▼
Equity10/15€-41k€-48k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-59k€-67k▼
Amounts payable17/49€81k€61k▼
Amounts payable within one year42/48€81k€61k▼
Financial debts43-€29
Credit institutions430/8-€29
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Advances received on contracts in progress46€7k€7k=
Other amounts payable47/48€72k€53k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€1k▼
Other operating charges640/8€971-
Non-recurring operating charges66A-€701
Gross operating margin9900€-2k€-5k▼
Operating profit (loss)9901€-10k€-7k▲
Financial income75/76B€7€54▲
Recurring financial income75€7€54▲
Financial charges65/66B€272€271▼
Recurring financial charges65€272€271▼
Profit (loss) for the period before taxes9903€-10k€-7k▲
Income taxes67/77€-29€316▲
Profit (loss) for the period9904€-10k€-8k▲
Profit (loss) for the period to be appropriated9905€-10k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€-67k▼
Profit (loss) brought forward from the previous period14P€-49k€-59k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-36k ▼958%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €11k ▲5.7%
Operating result €11k, net result €11k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Liège · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Beyne 5464020 LiègeGround area
2,805 m²
Building footprint
176 m²
Volume, LiDAR
1,155 m³
2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COCOON CONSTRUCT
since 20142.229.042.182
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62022D0055/00D002 | Wallonia | 1,877 m² | 1 · 135 m² | 8.8 m · 2 fl. |
| 62059C0027/00D002 | Wallonia | 928 m² | 1 · 41 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Nest Builders
BE 0755.524.981
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DOKTOORSVELD
BE 0789.601.180
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DURBAN RED
BE 0727.859.393
Antwerpen · Eq €6k
FALENOVA
BE 0777.450.545
Herve · Eq €6k
MAKIAM
BE 0784.273.209
Kortenberg · Eq €6k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,381. 2,381 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-02-2014
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
33110Repair and maintenance of fabricated metal products
68122Development of non-residential building projects
42212Civil engineering
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.