COFACO
ActiveSummary
COFACO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €61,538 and a net result of €46,504. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 37951 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency76▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.99 against 1.57 in 2023; short-term debt: 49.2% and cash: 94.6% of total assets), and 49.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 04-07-2025, 27 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
43 d early
2022
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€61,538▲ 11.8%
2023 · €55,033
Total assets
€121,251▼ 16.3%
2023 · €144,941
Net result
€46,504▼ 34.2%
2023 · €70,684
Working capital
€59,223▲ 14.8%
2023 · €51,602
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€54,633-€90,527▲ 65.7%€59,724▼ 34.0%
Net result€39,349-€70,684▲ 79.6%€46,504▼ 34.2%
Equity€44,349-€55,033▲ 24.1%€61,538▲ 11.8%
Total assets€79,203-€144,941▲ 83.0%€121,251▼ 16.3%
Debt€34,854-€89,908▲ 158%€59,713▼ 33.6%
Working capital€42,751-€51,602▲ 20.7%€59,223▲ 14.8%
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 2024; 2024 is 34% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €121,251
Fixed assets
€2,315 ▼ 32.5%
Current assets
€118,936 ▼ 16.0%
Equity and liabilities €121,251
Equity
€61,538 ▲ 11.8%
Debt
€59,713 ▼ 33.6%
Debt's share of the balance-sheet total falls from 62.0% to 49.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€60,841▼
2023 · €91,159
Cash flow
€47,621▼
2023 · €71,316
Current ratio
1.99▲
2023 · 1.57
Debt to equity
0.97▼
2023 · 1.63
ROE
75.6%▼
2023 · 128.4%
ROA
38.4%▼
2023 · 48.8%
Interest coverage
702.15▼
2023 · 935.44
Debt ≤ 1 year
€59,713▼
2023 · €89,908
Income taxes
€13,133▼
2023 · €19,746
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €639 | €632 | €1,117 | ▲ 76.8% |
| Other operating charges640/8 | €342 | €220 | €607 | ▲ 176% |
| Gross operating margin9900 | €55,615 | €91,379 | €61,448 | ▼ 32.8% |
| Operating profit (loss)9901 | €54,633 | €90,527 | €59,724 | ▼ 34.0% |
| Financial income75/76B | €31 | €0 | - | - |
| Recurring financial income75 | €31 | €0 | - | - |
| Financial charges65/66B | €157 | €97 | €87 | ▼ 11.1% |
| Recurring financial charges65 | €157 | €97 | €87 | ▼ 11.1% |
| Profit (loss) for the period before taxes9903 | €54,507 | €90,430 | €59,637 | ▼ 34.1% |
| Income taxes67/77 | €15,157 | €19,746 | €13,133 | ▼ 33.5% |
| Profit (loss) for the period9904 | €39,349 | €70,684 | €46,504 | ▼ 34.2% |
| Profit (loss) for the period to be appropriated9905 | €39,349 | €70,684 | €46,504 | ▼ 34.2% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €79,203 | €144,941 | €121,251 | ▼ 16.3% |
| Fixed assets21/28 | €1,599 | €3,432 | €2,315 | ▼ 32.5% |
| Tangible fixed assets22/27 | €1,064 | €2,397 | €1,280 | ▼ 46.6% |
| Furniture and vehicles24 | €1,064 | €2,397 | €1,280 | ▼ 46.6% |
| Financial fixed assets28 | €535 | €1,035 | €1,035 | = |
| Current assets29/58 | €77,605 | €141,509 | €118,936 | ▼ 16.0% |
| Amounts receivable within one year40/41 | €3,833 | €10,183 | €4,114 | ▼ 59.6% |
| Trade receivables40 | €3,833 | €10,183 | €4,114 | ▼ 59.6% |
| Cash at bank and in hand54/58 | €73,772 | €131,326 | €114,716 | ▼ 12.6% |
| Deferred charges and accrued income490/1 | - | - | €106 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €79,203 | €144,941 | €121,251 | ▼ 16.3% |
| Equity10/15 | €44,349 | €55,033 | €61,538 | ▲ 11.8% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €39,349 | €50,033 | €56,538 | ▲ 13.0% |
| Distributable reserves133 | €39,349 | €50,033 | €56,538 | ▲ 13.0% |
| Profit (loss) carried forward14 | - | €0 | €0 | - |
| Amounts payable17/49 | €34,854 | €89,908 | €59,713 | ▼ 33.6% |
| Amounts payable within one year42/48 | €34,854 | €89,908 | €59,713 | ▼ 33.6% |
| Trade debts44 | €1,505 | €1,455 | €1,064 | ▼ 26.9% |
| Suppliers440/4 | €1,505 | €1,455 | €1,064 | ▼ 26.9% |
| Taxes, remuneration and social security45 | €29,865 | €28,446 | €18,643 | ▼ 34.5% |
| Taxes450/3 | €26,015 | €26,142 | €18,643 | ▼ 28.7% |
| Remuneration and social security454/9 | €3,850 | €2,304 | €0 | ▼ 100% |
| Other amounts payable47/48 | €3,484 | €60,007 | €40,007 | ▼ 33.3% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,349 | €70,684 | €46,504 | ▼ 34.2% |
| + Depreciation and write-downs630 | €639 | €632 | €1,117 | ▲ 76.8% |
| Operating cash flow (approximation) | €39,989 | €71,316 | €47,621 | ▼ 33.2% |
| Investment in fixed assets (approximation) | - | -€2,465 | €0 | ▲ 100% |
| Change in cash | - | €57,554 | -€16,611 | ▼ 129% |
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
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €70,684 ▲79.6%
Operating result €90,527, net result €70,684, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro 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, Liège · 1 establishment unit since 2021
Ground area
271 m²
Building footprint
63 m²
Volume, LiDAR
627 m³
Parcel 62302C0485/00C002, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
COFACO
since 20212.322.289.272
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62302C0485/00C002 | Wallonia | 271 m² | 1 · 63 m² | 11.4 m · 3 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 82,642 companies in sector 70200 we hold annual accounts for 52,590. 39,121 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
Founded17-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
74120Graphic design and visual communication
E-invoicing
Reachable via Peppol
Peppol ID
0208:0774289533
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.