Equity
€41.8m ▲ 5.4%
COFINPAR has made a profit without a break since 2020.
COFINPAR
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €1.4m (2019)
€1.2m▼ 9.8%
lowest -€150,920 (2019)
€2.1m▼ 65.3%
peak €41.8m (2025)
€41.8m▲ 5.4%
€12.4m▼ 25.5%
peak 3.3 FTE (2025)
3.3 FTE▲ 13.8%
Board4 names since 2020
2 directorsCOFINPAR SRL and 1 other
Owners
Documentsfilings and deeds
14-07-202617 days before the deadline
2025financial year
Result from €6.2m to €2.1mStaff from 2.9 FTE to 3.3 FTEDebts from €16.7m to €12.4mInvestments €773,304
Key points
from the 2025 annual accountsResult
€2.1m ▼ 65.3%
The result fell in 2025: the 2024 profit included a one-off income of €5.0m.
Staff
4 employees on 31-12-2025
In 2025, 1 person joined and 1 left. On top of that, 0.2 agency workers worked there on average.
Payment terms
222 days to suppliers
COFINPAR pays its suppliers 97 days later than in 2024. Customers pay 136 days later.
Group
18 companies controlled
Heads a group.
Position in the sector
€41.8m
More equity than 94% of companies in office administrative support. Sector median €971,856 · 1,167 companies.
Standalone figures, without subsidiaries
Group, consolidated 2025: turnover €30.9m, result -€79,000
Checked score
93
Excellent
Financially stronger than 47% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,668 companies (NACE 82, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026highest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
lowers risk
Size: turnover €1.2m, 3.3 FTE, total assets €54.2m, files consolidated accounts
Founded in 1991
Equity €41.8m (77.1% of total assets)
Sector: Office administrative, office support and other business support activities (NACE 82)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 88% of them on solvency, 45% on liquidity, 15% on profitability and 41% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as COFINPAR has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COFINPAR itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for COFINPAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.43 (2.68 in 2024), above the usual 1.5. Short-term debt is 21% and cash 7.5% of total assets. 22.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 14-07-2026, 17 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
17 days early
2024
24 days early
2023
33 days early
2022
31 days early
2021
47 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 30 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- COFINPAR 0.01%score 66equity €59,432 (2025) · 2022 annual accounts of COFINPAR
Shares in 12 companies, including COFIMMO and COVALUX
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0444325227
Resignation: CALOZET Laurence (director)
Director discharge: CALOZET Laurence · General meeting of 12-03-2024 · Gazette deed
Reappointment: F.C.G. Réviseurs d'Entreprises SRL (statutory auditor)
General meeting of 23-05-2023 · Gazette deed
2 directors appointed
Laurence Calozet and CALOZET Nicolas · Permanent representative: Laurence Calozet · Legal-form conversion: from partnership limited by shares to public limited company · General meeting of 05-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COFINPAR Namur | €1.2m | -51.5% | 77.1% | 3.3 |
| Capstone Partners Antwerp | €0.5m | - | 93.7% | 2.8 |
| GE EUROPE Brussels | €1.9m | 3.3% | 94.9% | 5.3 |
| DR. IR. U. VANDEURZEN MANAGEMENT FIRM Lubbeek | €0.4m | - | 96.9% | 2.1 |
| Hefboom Brussels | €0.4m | - | 34.4% | 7.4 |
| Invest Minguet Gestion Liège | €0.8m | - | 61.2% | 9.5 |
| TONCA Sint-Niklaas | €1.3m | 17.6% | 93.0% | 2 |
Grey: the largest companies of the sector (office administrative support (NACE 82)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as COFINPAR: other business support services (NACE 82990). They are comparable in size and age: total assets between €39m and €79m, founded between 1985 and 2009.
Official details
Source: KBO- Status
- Active since 10-06-1991Normal situation
- Registered office
- 20 active companies are registered at this addressSource: KBO register, as of 7 November 2026.
- Activity
- Other business support servicesNACE 82990and 1 other
- Establishment unit
- 2.053.135.9495100 Namur, since 24-10-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2025
- €54.2m▼ 3.8%
- Employeeson 31-12-2025
- 4=
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Companies linked to COFINPAR
Subsidiaries and holdings
- COVALUX IMMO99.99%
- SOGALUX IMMO99.99%
- SONAMA IMMO99.99%
- IMMOLUX99.95%
- COVIMPORT99.87%
- EAS EQUIPMENT & ENGINEERING84%
- TERMINAL ATHUS24.49%
- APEO – Agronomical Plant Extracts & Essential Oils16.33%
Insights on COFINPAR
COFINPAR has existed since 1991. Turnover grew from €286,165 in 2006 to €1.2m in 2025.
Solvency rose in 2025 from 70.4% to 77.1% because of the retained profit and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COFINPAR
- What is the company number of COFINPAR?
- The company number of COFINPAR is 0444.325.227. The VAT number is the same number with BE in front: BE 0444.325.227.
- Where is COFINPAR based?
- The registered office is at Chaussée de Liège 205, 5100 Namur.Company details
- What does COFINPAR do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of COFINPAR?
- COFINPAR is a public limited company (NV).
- When was COFINPAR founded?
- COFINPAR was founded on 10-06-1991.
- Is COFINPAR still active?
- Yes, COFINPAR is an active enterprise in the KBO register.
- How many employees does COFINPAR have?
- COFINPAR had an average of 3.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of COFINPAR?
- The turnover of COFINPAR was €1.2m in financial year 2025, according to the filed annual accounts.
- Is COFINPAR profitable?
- In financial year 2025, COFINPAR made a profit of €2.1m.
- Where can I find the annual accounts of COFINPAR?
- COFINPAR filed 61 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COFINPAR due?
- COFINPAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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