COFIGES
ActiveSummary
COFIGES has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,631 and a net result of €25,442. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 67% of 2345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97=
Solvency88=
Growth46▼-6
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.37 in 2024; short-term debt: 36.9% and cash: 36.6% of total assets), and 37.3% of the assets are financed with debt.
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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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.7%
Return on assets
21.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
357 d late
2023
105 d late
2021
140 d early
2017
98 d early
2016
267 d late
2015
632 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 165 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed 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 31 August (4 of the last 5 filed years within 171 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Turnover
€83,627=
2024 · €83,627
EBIT margin
42.0%=
2024 · 42.0%
Net result
€25,442=
2024 · €25,442
Working capital
€15,829=
2024 · €15,829
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202320242025
Turnover€83,627€83,627=
Operating result€33,887-€5,352-€35,162▲ 557%€35,162=
Net result€27,687within the sector's middle half-€3,930within the sector's middle half-€25,442within the sector's middle half▲ 547%€25,442within the sector's middle half=
EBIT margin42.0%42.0%=
Equity€44,036within the sector's middle half-€48,189below the sector's middle half-€73,631within the sector's middle half▲ 52.8%€73,631within the sector's middle half=
Total assets€70,933within the sector's middle half-€86,725below the sector's middle half-€117,489below the sector's middle half▲ 35.5%€117,489below the sector's middle half=
Debt€26,897-€38,537-€43,858▲ 13.8%€43,858=
Working capital€24,962within the sector's middle half--€10,925within the sector's middle half-€15,829within the sector's middle half€15,829within the sector's middle half=
Solvency62.1%within the sector's middle half-55.6%within the sector's middle half-62.7%within the sector's middle half▲ 7.1pp62.7%within the sector's middle half=
Current ratio5.03above the sector's middle half-0.72below the sector's middle half-1.37within the sector's middle half▲ 0.651.37within the sector's middle half=
Return on assets (ROA)39.0%above the sector's middle half-4.5%within the sector's middle half-21.7%above the sector's middle half▲ 17.1pp21.7%above the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays at €35,162 in 2025, level with 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115,119
Fixed assets
€55,955 =
Current assets
€59,163 =
Equity and liabilities €117,489
Equity
€73,631 =
Debt
€43,858 =
Debt's share of the balance-sheet total stays at 37.3%.
Key figures and ratios
EBITDA
€37,950=
2024 · €37,950
Cash flow
€28,231=
2024 · €28,231
Debt to equity
0.60=
2024 · 0.60
ROE
34.6%=
2024 · 34.6%
Interest coverage
358.02=
2024 · 358.02
Debt ≤ 1 year
€43,335=
2024 · €43,335
Income taxes
€9,613=
2024 · €9,613
Staff costs
€597=
2024 · €597
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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%.
| 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 31,371 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.
Annual accounts
| Line | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | €83,627 | €83,627 | = |
| Non-recurring operating income76A | - | - | €1,817 | €1,817 | = |
| Goods, raw materials, services and sundry goods60/61 | - | - | €44,538 | €44,538 | = |
| Remuneration, social security and pensions62 | - | - | €597 | €597 | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,799 | €2,788 | €2,788 | = |
| Other operating charges640/8 | - | €797 | €2,358 | €2,358 | = |
| Gross operating margin9900 | €33,918 | €7,948 | €40,906 | €40,906 | = |
| Operating profit (loss)9901 | €33,887 | €5,352 | €35,162 | €35,162 | = |
| Financial charges65/66B | - | €112 | €106 | €106 | = |
| Recurring financial charges65 | - | €112 | €106 | €106 | = |
| Profit (loss) for the period before taxes9903 | €33,887 | €5,240 | €35,056 | €35,056 | = |
| Income taxes67/77 | €6,200 | €1,310 | €9,613 | €9,613 | = |
| Profit (loss) for the period9904 | €27,687 | €3,930 | €25,442 | €25,442 | = |
| Profit (loss) for the period to be appropriated9905 | €27,687 | €3,930 | €25,442 | €25,442 | = |
| Line | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €70,933 | €86,725 | €117,489 | €117,489 | = |
| Formation expenses20 | €2,370 | €2,370 | €2,370 | €2,370 | = |
| Fixed assets21/28 | €37,401 | €56,743 | €55,955 | €55,955 | = |
| Tangible fixed assets22/27 | €37,401 | €56,743 | €55,955 | €55,955 | = |
| Land and buildings22 | - | €37,401 | €37,401 | €37,401 | = |
| Plant, machinery and equipment23 | - | €14,384 | €13,415 | €13,415 | = |
| Furniture and vehicles24 | - | €4,958 | €5,139 | €5,139 | = |
| Current assets29/58 | €31,162 | €27,612 | €59,163 | €59,163 | = |
| Amounts receivable within one year40/41 | €11,331 | €7,162 | €16,205 | €16,205 | = |
| Trade receivables40 | - | €5,293 | €6,589 | €6,589 | = |
| Other amounts receivable41 | - | €1,868 | €9,616 | €9,616 | = |
| Cash at bank and in hand54/58 | €19,831 | €20,450 | €42,959 | €42,959 | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €70,933 | €86,725 | €117,489 | €117,489 | = |
| Equity10/15 | €44,036 | €48,189 | €73,631 | €73,631 | = |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | €18,592 | €18,592 | €18,592 | = |
| Issued capital100 | - | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | €25,444 | €29,597 | €55,039 | €55,039 | = |
| Amounts payable17/49 | €26,897 | €38,537 | €43,858 | €43,858 | = |
| Amounts payable within one year42/48 | €6,200 | €38,537 | €43,335 | €43,335 | = |
| Trade debts44 | - | - | €10,485 | €10,485 | = |
| Suppliers440/4 | - | - | €10,485 | €10,485 | = |
| Taxes, remuneration and social security45 | - | €17,195 | €19,580 | €19,580 | = |
| Taxes450/3 | - | €17,195 | €19,580 | €19,580 | = |
| Other amounts payable47/48 | - | €21,342 | €13,271 | €13,271 | = |
| Accrued charges and deferred income492/3 | - | - | €523 | €523 | = |
| Line | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,687 | €3,930 | €25,442 | €25,442 | = |
| + Depreciation and write-downs630 | - | €1,799 | €2,788 | €2,788 | = |
| Operating cash flow (approximation) | €27,687 | €5,729 | €28,231 | €28,231 | = |
| Investment in fixed assets (approximation) | - | - | -€2,000 | -€2,788 | ▼ 39.4% |
| Change in cash | - | - | €22,508 | €0 | ▼ 100% |
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
Next filing, fiscal year 2026, expected by
2026
15-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 105 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 357 days late
2024
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 105 days late
2023
31-12
Financial
Weakest financial yearnet €3,930 ▼85.8%
Net result drops to €3,930, the lowest in the series; recovery starts the following year.
2022
13-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 267 days late
24-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 632 days late
2006
31-08
NBB filing
Annual accounts filed
fiscal year 2005 · full schema · 31 days late
2005
14-12
NBB filing
Annual accounts filed
fiscal year 2004 · full schema · 136 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
No directors read from the Gazette yet. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Huy · 1 establishment unit since 2000
Ground area
3,001 m²
Building footprint
254 m²
Volume, LiDAR
1,467 m³
2 parcels, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue de la Campagne 19 B, 4500 Huy
since 2000unit no. 2.094.868.814
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61061A0345/00M000 | Wallonia | 2,039 m² | 1 · 166 m² | 7.2 m · 2 fl. |
| 61061A0307/00G003 | Wallonia | 962 m² | 1 · 87 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,204 companies in this sector we hold annual accounts for 3,517. 2,590 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded22-10-1999
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0467120821
Registered
26-09-2025
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.