COCOON PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of COCOON PROJECTS is 2.9% (moderate). The 2025 annual accounts show negative equity (-€36,209) and a net result of -€1,060. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 17 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 6,943 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €285 | €0 | - | - | - | - |
| Other operating charges640/8 | €410 | €930 | €446 | €6,670 | €62 | ▼ 99.1% |
| Gross operating margin9900 | €30,048 | €2,235 | -€86,416 | -€3,631 | -€537 | ▲ 85.2% |
| Operating profit (loss)9901 | €29,354 | €1,305 | -€86,862 | -€10,301 | -€599 | ▲ 94.2% |
| Financial income75/76B | €559 | €207 | €0 | - | - | - |
| Recurring financial income75 | €559 | €207 | €0 | - | - | - |
| Financial charges65/66B | €11,577 | €3,859 | €952 | €521 | €461 | ▼ 11.5% |
| Recurring financial charges65 | €11,577 | €3,859 | €952 | €521 | €461 | ▼ 11.5% |
| Profit (loss) for the period before taxes9903 | €18,336 | -€2,346 | -€87,814 | -€10,822 | -€1,060 | ▲ 90.2% |
| Income taxes67/77 | €4,884 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €13,452 | -€2,346 | -€87,814 | -€10,822 | -€1,060 | ▲ 90.2% |
| Profit (loss) for the period to be appropriated9905 | €13,452 | -€2,346 | -€87,814 | -€10,822 | -€1,060 | ▲ 90.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €653,785 | €379,536 | €16,362 | €1,257 | €961 | ▼ 23.5% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Current assets29/58 | €653,785 | €379,536 | €16,362 | €1,257 | €961 | ▼ 23.5% |
| Stocks and contracts in progress3 | €547,576 | €0 | - | - | - | - |
| Stocks30/36 | €547,576 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €4,574 | €12,808 | €5,939 | €0 | - | - |
| Trade receivables40 | €4,324 | €12,558 | €5,939 | €0 | - | - |
| Other amounts receivable41 | €250 | €250 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €101,352 | €366,728 | €10,423 | €1,257 | €961 | ▼ 23.5% |
| Deferred charges and accrued income490/1 | €284 | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €653,785 | €379,536 | €16,362 | €1,257 | €961 | ▼ 23.5% |
| Equity10/15 | €65,832 | €63,487 | -€24,327 | -€35,149 | -€36,209 | ▼ 3.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €47,232 | €44,887 | €0 | - | - | - |
| Distributable reserves133 | €47,232 | €44,887 | €0 | - | - | - |
| Profit (loss) carried forward14 | - | - | -€42,927 | -€53,749 | -€54,809 | ▼ 2.0% |
| Amounts payable17/49 | €587,953 | €316,049 | €40,689 | €36,407 | €37,171 | ▲ 2.1% |
| Amounts payable within one year42/48 | €587,720 | €316,049 | €40,689 | €36,407 | €37,088 | ▲ 1.9% |
| Trade debts44 | €136,109 | €1,286 | €6,232 | €2,616 | €3,102 | ▲ 18.6% |
| Suppliers440/4 | €136,109 | €1,286 | €6,232 | €2,616 | €3,102 | ▲ 18.6% |
| Taxes, remuneration and social security45 | €45,772 | €91,502 | €269 | €0 | - | - |
| Taxes450/3 | €45,772 | €91,502 | €269 | €0 | - | - |
| Other amounts payable47/48 | €405,838 | €223,262 | €34,188 | €33,791 | €33,986 | ▲ 0.6% |
| Accrued charges and deferred income492/3 | €233 | €0 | - | - | €82 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,452 | -€2,346 | -€87,814 | -€10,822 | -€1,060 | ▲ 90.2% |
| + Depreciation and write-downs630 | €285 | €0 | - | - | - | - |
| Operating cash flow (approximation) | €13,737 | -€2,346 | -€87,814 | -€10,822 | -€1,060 | ▲ 90.2% |
| Change in cash | - | €265,376 | -€356,305 | -€9,166 | -€296 | ▲ 96.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71002A0164/00K000 | Flanders | 2,653 m² | 1 · 313 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.