Financials
- Fiscal year
- 2025
- Total assets
- €1.1m
- Loss
- -€16,338
- Solvency
- -0.8%
Total assets▲ 0.7%
Net result
20192025
COFINIM
ActiveSummary
COFINIM has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,768) and a net result of -€16,338. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 14849 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Activities of lawyers
NACE 69101
2 sites
Size
€1.1mtotal assets 2025
- Equity
- -€8,768
- Loss
- -€16,338
Turnover not published (abridged schema)
Structure
Accounts filed 27 d late0 of 8 deeds read
Why 52Capped at 59: negative equity- Liquidity: current ratio 0.34, cash €4,420- Negative equity -€8,768+ Size: total assets €1.1m+ Sector Legal and accounting activities (NACE 69)Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 4% of its sector peers (NACE 69, 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
24-2
equity -0.8% of total assets
Liquidity
24-5
short-term debt 52.1% · cash 0.4%
Profitability
26+13
return on assets -1.4%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%▲ +5.5% vs 11-2024
01-2025: 0.7%▼ -0.3% vs 12-2024
02-2025: 0.8%▲ +9.0% vs 01-2025
03-2025: 0.8%▼ -4.8% vs 02-2025
04-2025: 1.0%▲ +24.6% vs 03-2025
05-2025: 1.2%▲ +24.7% vs 04-2025highest value
06-2025: 0.3%▼ -76.0% vs 05-2025
07-2025: 0.3%● 0.0% vs 06-2025
08-2025: 0.3%▼ -3.1% vs 07-2025
09-2025: 0.3%● 0.0% vs 08-2025
10-2025: 0.3%▼ -0.7% vs 09-2025lowest value
11-2025: 0.3%▲ +4.0% vs 10-2025
12-2025: 0.3%▲ +11.8% vs 11-2025
01-2026: 0.3%▲ +2.2% vs 12-2025
02-2026: 0.4%▲ +14.0% vs 01-2026
03-2026: 0.4%▼ -6.4% vs 02-2026
04-2026: 0.4%▲ +21.7% vs 03-2026
05-2026: 0.7%▲ +55.0% vs 04-2026
06-2026: 0.3%▼ -57.1% vs 05-2026
07-2026: 0.3%● 0.0% vs 06-2026
08-2026: 0.3%● 0.0% vs 07-2026
09-2026: 0.3%● 0.0% vs 08-2026
10-2026: 0.3%● 0.0% vs 09-2026
- Size: total assets €1.1m lowers the probability for this profile
- Liquidity: current ratio 0.34, cash €4,420 raises the probability
- Negative equity -€8,768 raises the probability
- Sector Legal and accounting activities (NACE 69) lowers the probability
No credit on open account
Liquidity short (current ratio 0.34 against 0.34 in 2024; short-term debt: 52.1% and cash: 0.4% 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 (NACE 69, micro). Better than this share of them on solvency 3%, liquidity 6%, profitability 6%, growth against the median 0%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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
19202122232425
2019 to 2025 · latest year -€8,768
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-05-2026, 27 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
27 d late
2024
16 d late
2023
164 d late
2022
62 d early
2021
54 d early
2020
28 d early
2019
34 d early
← 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 4 days after 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 16 May (4 of the last 5 filed years within 70 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close03-10-2026 today30-04-2027 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
- 13
- Since
- 2017
- Next accounts
- by 30-04-2027
- 27-05-2026Annual accounts filed
- 16-05-2025Annual accounts filed
- 11-10-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Activities of lawyersNACE 69101
- Founded
- 04-02-1993
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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