Financials
- Fiscal year
- 2025
- Total assets
- €174,777
- Loss
- -€3,861
- Solvency
- -83.5%
Total assets▼ 7.3%
Net result
20182025
COFAM
ActiveSummary
COFAM has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€145,888) and a net result of -€3,861. Equity is shrinking by ~21.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
What they do
Activity not known1 site
How big
€174,777total assets 2025
- Equity
- -€145,888
- Loss
- -€3,861
Turnover not published (abridged schema)
Who decides
Accounts 2 d early0 of 1 deed read
Why 54Capped at 59: negative equity- Negative equity -€145,888- Liquidity: current ratio 0.00, cash €458+ Size: total assets €174,777+ Founded in 1988Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 22% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -83.5% of total assets
Liquidity
0=
short-term debt 183.5% · cash 0.3%
Profitability
66+61
return on assets -2.2%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Size: total assets €174,777 lowers the probability for this profile
- Founded in 1988 lowers the probability for this profile
- Negative equity -€145,888 raises the probability
- Liquidity: current ratio 0.00, cash €458 raises the probability
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 183.5% and cash: 0.3% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 3%, profitability 44%, growth against the median 35%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€145,888
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
7 d early
2023
27 d late
2022
13 d early
2021
25 d late
2020
26 d late
2019
62 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
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)
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. Usually files around 29 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2017
- Next accounts
- by 31-07-2027
- 29-07-2026Annual accounts filed
- 24-07-2025Annual accounts filed
- 27-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 27-06-1988
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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