COCOON@WORK
ActiveCOCOON@WORK has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €211k and a net result of €-2k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 50% of 401 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency65▲+12
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity short (current ratio 0.9 against 0.51 in 2024), and 55.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
14 d late
2024
13 d late
2023
27 d late
2022
20 d early
2021
40 d early
2020
39 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€211k▼ 1.5%
2024 · €214k
2019: €153k
2020: €121k
2021: €156k
2022: €177k
2023: €204k
2024: €214k
2019 → 2025
Total assets
€470k▼ 7.7%
2024 · €509k
2019: €504k
2020: €478k
2021: €499k
2022: €463k
2023: €526k
2024: €509k
2019 → 2025
Net result
€-2k
2024 · €52k
2019: €47k
2020: €-30k
2021: €36k
2022: €24k
2023: €29k
2024: €52k
2019 → 2025
Working capital
€-12k▲ 82.7%
2024 · €-69k
2019: €-137k
2020: €-216k
2021: €-175k
2022: €-89k
2023: €-72k
2024: €-69k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€156k-€177k▲ 13.6%€204k▲ 15.1%€214k▲ 5.0%€211k▼ 1.5%
Operating result€47k-€41k▼ 14.1%€45k▲ 10.6%€77k▲ 72.6%€3k▼ 95.5%
Net result€36k-€24k▼ 34.8%€29k▲ 20.2%€52k▲ 82.2%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 96% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €470k
Fixed assets
€367k▼ 16.3%
Current assets
€103k▲ 46.1%
Equity and liabilities €470k
Equity
€211k▼ 1.5%
Debt
€259k▼ 12.2%
The debt ratio falls from 57.9% to 55.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€85k▼
2024 · €164k
Cash flow
€79k▼
2024 · €139k
Solvency
44.9%▲
2024 · 42.1%
Current ratio
0.90▲
2024 · 0.51
Quick ratio
0.56▲
2024 · 0.31
Debt / equity
1.23▼
2024 · 1.38
ROE
-1.1%▼
2024 · 24.3%
ROA
-0.5%▼
2024 · 10.2%
Interest coverage
11.40▼
2024 · 22.45
Debt
€259k▼
2024 · €295k
Debt ≤ 1 year
€115k▼
2024 · €139k
Debt > 1 year
€144k▼
2024 · €156k
Income taxes
€-759▼
2024 · €20k
Staff costs
€127k▼
2024 · €130k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€509k€470k▼
Fixed assets21/28€439k€367k▼
Intangible fixed assets21€6k€5k▼
Tangible fixed assets22/27€432k€362k▼
Land and buildings22€251k€230k▼
Plant, machinery and equipment23€106k€84k▼
Furniture and vehicles24€66k€40k▼
Other tangible fixed assets26€10k€9k▼
Financial fixed assets28€100€100=
Current assets29/58€70k€103k▲
Stocks and contracts in progress3€27k€38k▲
Stocks30/36€27k€38k▲
Amounts receivable within one year40/41€10k€19k▲
Trade receivables40€5k€19k▲
Other amounts receivable41€5k€299▼
Cash at bank and in hand54/58€23k€23k▲
Deferred charges and accrued income490/1€10k€23k▲
Equity and liabilities
Total equity and liabilities10/49€509k€470k▼
Equity10/15€214k€211k▼
Contributions10/11€19k€19k=
Reserves13€124k€124k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€123k€123k=
Profit (loss) carried forward14€70k€68k▼
Investment grants15€841-
Amounts payable17/49€295k€259k▼
Amounts payable after more than one year17€156k€144k▼
Financial debts170/4€155k€144k▼
Other amounts payable178/9€800€800=
Amounts payable within one year42/48€139k€115k▼
Current portion of amounts payable after more than one year42€35k€32k▼
Trade debts44€28k€34k▲
Suppliers440/4€28k€34k▲
Advances received on contracts in progress46€29k€37k▲
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€221€4k▲
Remuneration and social security454/9€8k€8k▼
Other amounts payable47/48€38k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€130k€127k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€82k▼
Other operating charges640/8€8k€7k▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€302k€220k▼
Operating profit (loss)9901€77k€3k▼
Financial income75/76B€2k€949▼
Recurring financial income75€2k€949▼
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€72k€-3k▼
Income taxes67/77€20k€-759▼
Profit (loss) for the period9904€52k€-2k▼
Profit (loss) for the period to be appropriated9905€52k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€102k€68k▼
Profit (loss) brought forward from the previous period14P€50k€70k▲
Transfer from equity791/2€40k-
Transfer to equity691/2€32k-
To other reserves6921€32k-
Profit to be distributed694/7€40k-
Return on contributions (dividend)694€40k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-12
Financial
Highest result since 2019net €52k ▲82.2%
Operating result €77k, net result €52k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Equity above €200kEq €204k ▲15.1%
3 profitable years in a row build equity to €204k.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
30-06
Financial
Equity above €150kEq €156k ▲28.6%
Equity rises from €121k to €156k.
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €-30k ▼164%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
06-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Hoeilaart · 1 establishment unit since 2005
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.
Beukenlaan 481560 HoeilaartGround area
4,456 m²
Building footprint
914 m²
Volume, LiDAR
4,874 m³
2 parcels, Flanders, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BVBA COCOON @ WORK
since 20052.149.981.442
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112C0002/04_000 | Wallonia | 2,889 m² | 1 · 732 m² | 6.8 m · 2 fl. |
| 23033A0064/00K000 | Flanders | 1,567 m² | 1 · 181 m² | 9.0 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 563 EUR awarded · 563 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 563 EUR | 563 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,496 companies in sector 31004 we hold annual accounts for 614. 475 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-2005
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36100
36141
31001Manufacture of furniture
31002Manufacture of furniture
36122
36130
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.