COCORICO DESIGN
ActiveSummary
COCORICO DESIGN has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11k and a net result of €3k. Equity is shrinking by ~24.5% per year across the filed fiscal years. Its solvency ranks better than 25% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▲+71
Solvency49▲+6
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.65 in 2023; short-term debt: 76.5% and cash: 12.7% of total assets), and 76.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
23.5%
Return on assets
5.8%
Age of the figures
21 mo
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 07-06-2025, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
54 d early
2023
34 d early
2022
48 d early
2021
28 d early
2020
31 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€11k▲ 33.0%
2023 · €8k
2018: €58khighest in 7 years
2019: €40k▼ -30.7% vs 2018
2020: €13k▼ -67.8% vs 2019
2021: €13k▼ -1.1% vs 2020
2022: €13k▲ +0.8% vs 2021
2023: €8k▼ -37.2% vs 2022lowest in 7 years
2024: €11k▲ +33.0% vs 2023
2018 → 2024
Total assets
€46k▲ 1.2%
2023 · €45k
2018: €60khighest in 7 years
2019: €44k▼ -26.8% vs 2018
2020: €36k▼ -18.3% vs 2019lowest in 7 years
2021: €41k▲ +14.3% vs 2020
2022: €47k▲ +14.7% vs 2021
2023: €45k▼ -3.3% vs 2022
2024: €46k▲ +1.2% vs 2023
2018 → 2024
Net result
€3k
2023 · €-5k
2018: €-16k
2019: €-18k▼ -9.4% vs 2018
2020: €-27k▼ -52.7% vs 2019lowest in 7 years
2021: €-149▲ +99.5% vs 2020
2022: €98▲ +166% vs 2021
2023: €-5k▼ -5029% vs 2022
2024: €3k▲ +156% vs 2023highest in 7 years
2018 → 2024
Working capital
€-10k▲ 24.5%
2023 · €-13k
2018: €28khighest in 7 years
2019: €12k▼ -57.4% vs 2018
2020: €-16k▼ -238% vs 2019lowest in 7 years
2021: €-14k▲ +16.1% vs 2020
2022: €-11k▲ +21.0% vs 2021
2023: €-13k▼ -20.8% vs 2022
2024: €-10k▲ +24.5% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€13k-€13k▼ 1.1%€13k▲ 0.8%€8k▼ 37.2%€11k▲ 33.0%
2020: €13khighest in 5 years
2021: €13k▼ -1.1% vs 2020
2022: €13k▲ +0.8% vs 2021
2023: €8k▼ -37.2% vs 2022lowest in 5 years
2024: €11k▲ +33.0% vs 2023
Operating result€-27k-€215€450▲ 109%€-4k€3k
2020: €-27klowest in 5 years
2021: €215▲ +101% vs 2020
2022: €450▲ +109% vs 2021
2023: €-4k▼ -1098% vs 2022
2024: €3k▲ +168% vs 2023highest in 5 years
Net result€-27k-€-149▲ 99.5%€98€-5k€3k
2020: €-27klowest in 5 years
2021: €-149▲ +99.5% vs 2020
2022: €98▲ +166% vs 2021
2023: €-5k▼ -5029% vs 2022
2024: €3k▲ +156% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €3k after a loss of €4k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €46k
Fixed assets
€21k ▼ 2.4%
Current assets
€25k ▲ 4.4%
Equity and liabilities €46k
Equity
€11k ▲ 33.0%
Debt
€35k ▼ 5.7%
Debt's share of the balance-sheet total falls from 82.1% to 76.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6k▲
2023 · €-2k
Cash flow
€6k▲
2023 · €-2k
Current ratio
0.72▲
2023 · 0.65
Debt to equity
3.25▼
2023 · 4.58
ROE
24.8%▲
2023 · -59.3%
ROA
5.8%▲
2023 · -10.6%
Interest coverage
86.43▲
2023 · -41.39
Debt ≤ 1 year
€35k▼
2023 · €37k
Income taxes
€293▲
2023 · €292
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€45k€46k▲
Fixed assets21/28€21k€21k▼
Tangible fixed assets22/27€21k€20k▼
Land and buildings22€20k€18k▼
Furniture and vehicles24€580€2k▲
Financial fixed assets28€440€440=
Current assets29/58€24k€25k▲
Amounts receivable within one year40/41€23k€19k▼
Trade receivables40€23k€19k▼
Other amounts receivable41€13€13=
Current investments50/53€169€169=
Cash at bank and in hand54/58€1k€6k▲
Equity and liabilities
Total equity and liabilities10/49€45k€46k▲
Equity10/15€8k€11k▲
Contributions10/11€19k-
Reserves13€2k€20k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€20k
Profit (loss) carried forward14€-12k€-10k▲
Amounts payable17/49€37k€35k▼
Amounts payable within one year42/48€37k€35k▼
Trade debts44€187€472▲
Suppliers440/4€187€472▲
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48€33k€33k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-463€7k▲
Operating profit (loss)9901€-4k€3k▲
Financial charges65/66B€46€70▲
Recurring financial charges65€46€70▲
Profit (loss) for the period before taxes9903€-5k€3k▲
Income taxes67/77€292€293▲
Profit (loss) for the period9904€-5k€3k▲
Profit (loss) for the period to be appropriated9905€-5k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-10k▲
Profit (loss) brought forward from the previous period14P€-7k€-12k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | €3k | €3k | €3k | ▲ 16.0% |
| Other operating charges640/8 | - | €942 | €752 | €1k | €1k | ▼ 14.4% |
| Gross operating margin9900 | €-23k | €4k | €4k | €-463 | €7k | ▲ 1,673% |
| Operating profit (loss)9901 | €-27k | €215 | €450 | €-4k | €3k | ▲ 168% |
| Financial charges65/66B | - | €70 | €63 | €46 | €70 | ▲ 52.2% |
| Recurring financial charges65 | €57 | €70 | €63 | €46 | €70 | ▲ 52.2% |
| Profit (loss) for the period before taxes9903 | €-27k | €145 | €387 | €-5k | €3k | ▲ 166% |
| Income taxes67/77 | €431 | €294 | €289 | €292 | €293 | ▲ 0.3% |
| Profit (loss) for the period9904 | €-27k | €-149 | €98 | €-5k | €3k | ▲ 156% |
| Profit (loss) for the period to be appropriated9905 | €-27k | €-149 | €98 | €-5k | €3k | ▲ 156% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36k | €41k | €47k | €45k | €46k | ▲ 1.2% |
| Fixed assets21/28 | €29k | €27k | €24k | €21k | €21k | ▼ 2.4% |
| Tangible fixed assets22/27 | €29k | €26k | €23k | €21k | €20k | ▼ 2.5% |
| Land and buildings22 | - | €24k | €22k | €20k | €18k | ▼ 10.0% |
| Furniture and vehicles24 | - | €2k | €1k | €580 | €2k | ▲ 258% |
| Financial fixed assets28 | €440 | €440 | €440 | €440 | €440 | = |
| Current assets29/58 | €7k | €14k | €23k | €24k | €25k | ▲ 4.4% |
| Amounts receivable within one year40/41 | €4k | €14k | €19k | €23k | €19k | ▼ 15.8% |
| Trade receivables40 | - | €14k | €19k | €23k | €19k | ▼ 15.9% |
| Other amounts receivable41 | - | €82 | €120 | €13 | €13 | = |
| Current investments50/53 | €169 | €169 | €169 | €169 | €169 | = |
| Cash at bank and in hand54/58 | €2k | €416 | €4k | €1k | €6k | ▲ 412% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36k | €41k | €47k | €45k | €46k | ▲ 1.2% |
| Equity10/15 | €13k | €13k | €13k | €8k | €11k | ▲ 33.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €20k | ▲ 1,000% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | - | - |
| Distributable reserves133 | - | - | - | - | €20k | - |
| Profit (loss) carried forward14 | €-7k | €-8k | €-7k | €-12k | €-10k | ▲ 21.8% |
| Amounts payable17/49 | €23k | €28k | €34k | €37k | €35k | ▼ 5.7% |
| Amounts payable within one year42/48 | €23k | €28k | €34k | €37k | €35k | ▼ 5.7% |
| Trade debts44 | €2k | €166 | €325 | €187 | €472 | ▲ 152% |
| Suppliers440/4 | - | €166 | €325 | €187 | €472 | ▲ 152% |
| Taxes, remuneration and social security45 | - | €3k | €4k | €5k | €2k | ▼ 52.5% |
| Taxes450/3 | - | €3k | €4k | €5k | €2k | ▼ 52.5% |
| Other amounts payable47/48 | - | €25k | €30k | €33k | €33k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-27k | €-149 | €98 | €-5k | €3k | ▲ 156% |
| + Depreciation and write-downs630 | €3k | €3k | €3k | €3k | €3k | ▲ 16.0% |
| Operating cash flow (approximation) | €-25k | €3k | €3k | €-2k | €6k | ▲ 354% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-2k | - |
| Change in cash | - | €-2k | €3k | €-3k | €5k | ▲ 277% |
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
2025
07-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €98
Net result €98 after 4 loss-making years.
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
16-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 1992
Ground area
216 m²
Building footprint
125 m²
Volume, LiDAR
1,194 m³
Parcel 11003B0043/00M009, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
COCORICO
since 19922.056.363.178
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003B0043/00M009 | Flanders | 216 m² | 1 · 125 m² | 15.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,139 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-02-1992
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
69209Other tax advisory services
Scores and ratios are computed by Checked and are not a credit decision.