COFIGES VDM
ActiveCOFIGES VDM has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158k and a net result of €7k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 67% of 7733 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-10
Solvency94▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.14 against 6.6 in 2024; short-term debt: 30.9% and cash: 32.3% of total assets), and 31% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 82
lower
← 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
69%
Return on assets
3.3%
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
8 d late
2023
43 d early
2022
33 d early
2021
9 d late
2020
60 d late
2019
119 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€158k▲ 0.6%
2024 · €157k
2018: €124k
2019: €154k
2020: €153k
2021: €144k
2022: €139k
2023: €150k
2024: €157k
2018 → 2025
Total assets
€228k▲ 24.6%
2024 · €183k
2018: €163k
2019: €164k
2020: €170k
2021: €170k
2022: €156k
2023: €165k
2024: €183k
2018 → 2025
Net result
€7k▼ 47.6%
2024 · €14k
2018: €33k
2019: €31k
2020: €-2k
2021: €-9k
2022: €-5k
2023: €11k
2024: €14k
2018 → 2025
Working capital
€151k▲ 2.3%
2024 · €147k
2018: €123k
2019: €147k
2020: €146k
2021: €126k
2022: €119k
2023: €137k
2024: €147k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€144k-€139k▼ 3.3%€150k▲ 7.8%€157k▲ 4.3%€158k▲ 0.6%
Operating result€-6k-€5k€16k▲ 200%€21k▲ 35.8%€5k▼ 75.6%
Net result€-9k-€-5k▲ 45.1%€11k€14k▲ 30.8%€7k▼ 47.6%
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 2025; 2025 is 76% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228k
Fixed assets
€7k▼ 26.4%
Current assets
€221k▲ 27.4%
Equity and liabilities €228k
Equity
€158k▲ 0.6%
Debt
€71k▲ 166%
The debt ratio rises from 14.5% to 31.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k▼
2024 · €25k
Cash flow
€10k▼
2024 · €18k
Solvency
69.0%▼
2024 · 85.5%
Current ratio
3.14▼
2024 · 6.60
Quick ratio
3.14▼
2024 · 6.60
Debt / equity
0.45▲
2024 · 0.17
ROE
4.7%▼
2024 · 9.1%
ROA
3.3%▼
2024 · 7.7%
Interest coverage
5.40▼
2024 · 16.65
Debt
€71k▲
2024 · €27k
Debt ≤ 1 year
€71k▲
2024 · €26k
Income taxes
€-1k▼
2024 · €8k
Staff costs
€20k▲
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€183k€228k▲
Fixed assets21/28€10k€7k▼
Tangible fixed assets22/27€7k€4k▼
Furniture and vehicles24€2k-
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€3k€3k=
Current assets29/58€174k€221k▲
Amounts receivable after more than one year29€16k€691▼
Trade receivables290€16k€691▼
Amounts receivable within one year40/41€39k€77k▲
Trade receivables40€39k€77k▲
Other amounts receivable41€56€56=
Current investments50/53€60k€61k▲
Cash at bank and in hand54/58€52k€74k▲
Deferred charges and accrued income490/1€6k€9k▲
Equity and liabilities
Total equity and liabilities10/49€183k€228k▲
Equity10/15€157k€158k▲
Contributions10/11€19k€19k=
Reserves13€138k€139k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€10k€10k=
Distributable reserves133€126k€127k▲
Amounts payable17/49€27k€71k▲
Amounts payable within one year42/48€26k€71k▲
Current portion of amounts payable after more than one year42-€634
Financial debts43€563-
Credit institutions430/8€563-
Trade debts44€3k€57k▲
Suppliers440/4€3k€57k▲
Advances received on contracts in progress46-€600
Taxes, remuneration and social security45€15k€5k▼
Taxes450/3€14k€2k▼
Remuneration and social security454/9€1k€3k▲
Other amounts payable47/48€8k€8k▼
Accrued charges and deferred income492/3€257€257=
Income statement
Code20242025
Remuneration, social security and pensions62€14k€20k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€564€826▲
Gross operating margin9900€40k€29k▼
Operating profit (loss)9901€21k€5k▼
Financial income75/76B€3k€3k=
Recurring financial income75€3k€3k=
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€22k€6k▼
Income taxes67/77€8k€-1k▼
Profit (loss) for the period9904€14k€7k▼
Profit (loss) for the period to be appropriated9905€14k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€7k▼
Transfer from equity791/2-€7k
Transfer to equity691/2€6k€7k▲
To other reserves6921€6k€7k▲
Profit to be distributed694/7€8k€7k▼
Return on contributions (dividend)694€8k€7k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
31-12
Financial
Equity above €150kEq €150k ▲7.8%
Equity rises from €139k to €150k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 15.77
Current ratio from 4.80 to 15.77; short-term debt falls from €32k to €10k.
31-12
Financial
Equity above €150kEq €154k ▲24.8%
2 profitable years in a row build equity to €154k.
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Elsene · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Washingtonstraat 2081050 ElseneGround area
1,097 m²
Building footprint
930 m²
Volume, LiDAR
23,622 m³
2 parcels, Brussels · tallest building 31.6 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Bernardusstraat 79, 1060 Sint-Gillis (bij-Brussel)
since 19982.221.593.473
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0277/00M000 | Brussels | 711 m² | 1 · 567 m² | 31.6 m · 10 fl. |
| 21013B0052/00C003 | Brussels | 385 m² | 1 · 364 m² | 25.5 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,547 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-1998
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
74121
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:cofigesvdm@gmail.com
E-mail:nicole@cofigesvdm.be