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COFIBRA

Active
Private limited companyfounded 198342 yrs activeChaussée Provinciale 19, 1470 Genappe, BelgiumKBO/BCE: BE 0425.118.930
Summary

The annual accounts of COFIBRA for fiscal year 2025 show a net loss of 147% of total assets and of 60% of the equity at the start of that year. The 2025 annual accounts show equity of €228,830 and a net result of -€340,825. Equity is growing by ~23.3% per year across the filed fiscal years. The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

What they do
Activity not known1 site
How big
€232,473total assets 2025
Equity
€228,830
Loss
-€340,825
Financially healthy?
58 Fair Checked score 2025
Bankruptcy chance 12 m
0.9%
Who decides
Holdings
1
Accounts 1 d early0 of 3 deeds read
Why 58- No NACE activity registered- Annual accounts: weaker financial profile- Higher-failure-rate region+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-79
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 55.58; short-term debt: 1.6% and cash: 0.1% of total assets), and 1.6% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 42 years 0 50 y
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 2025
Solvency, return and age of the figures
Solvency
98.4%
Return on assets
-146.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
8 d early
2023
3 d early
2022
15 d early
2021
20 d late
2020
27 d late
2019
93 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 16 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 months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet -€340,825
  3. Annual accounts filedfiscal year 2024 · full…

Financials

Fiscal year 2025Total assets €232,473Loss -€340,825Solvency 98.4%Liquidity 55.58
Total assets
€232,473▼ 59.3%
2018 - 2025
Net result
-€340,825
2018 - 2025
Equity
€228,830▼ 59.8%
2018 - 2025
Solvency
98.4%▼ 1.3pp
2018 - 2025

Financials · fiscal year 2025, abbreviated schema

Trend over the years8 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€109,020▼ 15.5%-€983-€2,411▼ 145%-€1,074▲ 55.5%-€1,623▼ 51.2%
Net result€72,458▼ 21.9%€76,618▲ 5.7%€85,542▲ 11.6%€95,724▲ 11.9%-€340,825
Equity€311,771▲ 30.3%€388,389▲ 24.6%€473,931▲ 22.0%€569,655▲ 20.2%€228,830▼ 59.8%
Total assets€548,049▲ 0.1%€433,037▼ 21.0%€473,931▲ 9.4%€571,050▲ 20.5%€232,473▼ 59.3%
Debt€236,279▼ 23.4%€44,648▼ 81.1%€1,395€3,643▲ 161%
Working capital-€88,229▲ 45.1%-€11,611▲ 86.8%€169,655€198,830▲ 17.2%
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€400,000-€200,000€0€200,000Operating result 2021: €109,020€109,020Net result 2021: €72,458€72,458Operating result 2022: -€983-€983Net result 2022: €76,618€76,618Operating result 2023: -€2,411-€2,411Net result 2023: €85,542€85,542Operating result 2024: -€1,074-€1,074Net result 2024: €95,724€95,724Operating result 2025: -€1,623-€1,623Net result 2025: -€340,825-€340,82520212022202320242025-€400,000-€200,000€0Operating result 2023: -€2,411-€2,410Net result 2023: €85,542€85,500Operating result 2024: -€1,074-€1,070Net result 2024: €95,724€95,700Operating result 2025: -€1,623-€1,620Net result 2025: -€340,825-€341,000202320242025
The operating result stays negative: a loss of €1,623 in 2025 against €1,074 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €232,473
Fixed assets €30,000 ▼ 92.5%
Current assets €202,473 ▲ 18.4%
Equity and liabilities €232,473
Equity €228,830 ▼ 59.8%
Debt €3,643 ▲ 161%
Debt's share of the balance-sheet total rises from 0.2% to 1.6%. Equity is lower and debt is higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
Current ratio
55.58
Debt to equity
0.02▲
2024 · 0.00
ROE
-148.9%▼
2024 · 16.8%
ROA
-146.6%▼
2024 · 16.8%
Debt ≤ 1 year
€3,643▲
2024 · €1,395
Income taxes
€2,248▲
2024 · €1,395
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13% stopped otherwise
85% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 5,834 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€571,050€232,473▼
Fixed assets21/28€400,000€30,000▼
Financial fixed assets28€400,000€30,000▼
Current assets29/58€171,050€202,473▲
Amounts receivable within one year40/41€171,020€202,340▲
Other amounts receivable41€171,020€202,340▲
Cash at bank and in hand54/58€30€133▲
Equity and liabilities
Total equity and liabilities10/49€571,050€232,473▼
Equity10/15€569,655€228,830▼
Contributions10/11€12,400€12,400=
Reserves13€243,382€216,382▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€241,522€214,522▼
Profit (loss) carried forward14€313,872€48▼
Amounts payable17/49€1,395€3,643▲
Amounts payable within one year42/48€1,395€3,643▲
Taxes, remuneration and social security45€1,395€3,643▲
Taxes450/3€1,395€3,643▲
Income statement Code20242025
Other operating charges640/8€387€400▲
Gross operating margin9900-€686-€1,224▼
Operating profit (loss)9901-€1,074-€1,623▼
Financial income75/76B€98,238€33,092▼
Recurring financial income75€98,238€33,092▼
Financial charges65/66B€45€370,045▲
Recurring financial charges65€45€45=
Non-recurring financial charges66B-€370,000
Profit (loss) for the period before taxes9903€97,119-€338,577▼
Income taxes67/77€1,395€2,248▲
Profit (loss) for the period9904€95,724-€340,825▼
Profit (loss) for the period to be appropriated9905€95,724-€340,825▼
Appropriation of the result
Profit (loss) to be appropriated9906€313,872-€26,952▼
Profit (loss) brought forward from the previous period14P€218,148€313,872▲
Transfer from equity791/2-€27,000

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€348€348€384€387€400▲ 3.2%
Gross operating margin9900€109,367-€636-€2,026-€686-€1,224▼ 78.3%
Operating profit (loss)9901€109,020-€983-€2,411-€1,074-€1,623▼ 51.2%
Financial income75/76B-€86,000€88,000€98,238€33,092▼ 66.3%
Recurring financial income75-€86,000€88,000€98,238€33,092▼ 66.3%
Financial charges65/66B€301€267€47€45€370,045▲ 822,222%
Recurring financial charges65€301€267€47€45€45=
Non-recurring financial charges66B----€370,000-
Profit (loss) for the period before taxes9903€108,718€84,750€85,543€97,119-€338,577▼ 449%
Income taxes67/77€36,260€8,132€0€1,395€2,248▲ 61.2%
Profit (loss) for the period9904€72,458€76,618€85,542€95,724-€340,825▼ 456%
Profit (loss) for the period to be appropriated9905€72,458€76,618€85,542€95,724-€340,825▼ 456%
Line20212022202320242025Change
Assets
Total assets20/58€548,049€433,037€473,931€571,050€232,473▼ 59.3%
Fixed assets21/28€400,000€400,000€400,000€400,000€30,000▼ 92.5%
Financial fixed assets28€400,000€400,000€400,000€400,000€30,000▼ 92.5%
Current assets29/58€148,049€33,037€73,931€171,050€202,473▲ 18.4%
Amounts receivable within one year40/41€147,981€32,814€73,517€171,020€202,340▲ 18.3%
Other amounts receivable41€147,981€32,814€73,517€171,020€202,340▲ 18.3%
Cash at bank and in hand54/58€69€222€413€30€133▲ 348%
Equity and liabilities
Total equity and liabilities10/49€548,049€433,037€473,931€571,050€232,473▼ 59.3%
Equity10/15€311,771€388,389€473,931€569,655€228,830▼ 59.8%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13€167,018€243,382€243,382€243,382€216,382▼ 11.1%
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€165,158€241,522€241,522€241,522€214,522▼ 11.2%
Profit (loss) carried forward14€132,352€132,606€218,148€313,872€48▼ 100.0%
Amounts payable17/49€236,279€44,648-€1,395€3,643▲ 161%
Amounts payable within one year42/48€236,279€44,648-€1,395€3,643▲ 161%
Taxes, remuneration and social security45€95,580€43,896-€1,395€3,643▲ 161%
Taxes450/3€95,580€43,896-€1,395€3,643▲ 161%
Other amounts payable47/48€140,699€752----
Line20212022202320242025Change
Profit (loss) for the period9904€72,458€76,618€85,542€95,724-€340,825▼ 456%
Operating cash flow (approximation)€72,458€76,618€85,542€95,724-€340,825▼ 456%
Investment in fixed assets (approximation)-€0€0€0€370,000-
Change in cash-€154€191-€384€103▲ 127%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Board & ownership

1 holding

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2023 list no shareholders, and no other source names one.

Holdings 1

According to the 2023 annual accounts of COFIBRA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 3 Gazette acts processed.

Timeline

13 eventsLatest 30-07-2026Next filing 31-07-2027

History

COFIBRA was incorporated on 27 December 1983.1 Total assets fell from €509,626 in 2018 to €232,473 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€340,825
Net result drops to -€340,825, the lowest in the series.
23-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Equity above €500,000Eq €569,655 ▲20.2%
7 profitable years in a row build equity to €569,655.
28-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
16-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
20-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 20 days late
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial Equity above €200,000Eq €239,312 ▲37.1%
3 profitable years in a row build equity to €239,312.
01-11
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 93 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
20-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Private limited company · founded 27-12-1983Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded27-12-1983
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0425118930
Also 9925:BE0425118930
Registered 20-06-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Genappe · 1 establishment unit since 1984
seat establishment The establishment unit on the map
Ground area
9,428 m²
Building footprint
121 m²
Parcel 25003C0314/00A000, Wallonia. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Chaussée Provinciale 19, 1470 Genappe
NACE 7412101
since 1984unit no. 2.024.071.086
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25003C0314/00A000 Wallonia 9,428 m² 1 · 121 m² -
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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