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COFRABELGA

Active
Private limited companyfounded 2021active for 5 yearsRue du Ménil 2, 1410 Waterloo, BelgiumKBO/BCE: BE 0766.933.468
Summary

The computed 12-month bankruptcy probability of COFRABELGA is 9.9% (elevated). The 2024 annual accounts show equity of €45,092 and a net result of €14,923. Equity has been growing by about 72% per year since 2021. Its solvency ranks better than 25% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 20-04-2021 Normal situation
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.341.820.322 1410 Waterloo, since 20-04-2021
Financial year end
31 December
Peppol
Reachable since 03-01-2026

Board and ownership

Board
  • Félix Da Rocha HélderDirector

Financial position

34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
9.9%
Annual accounts 2024
Gross margin
€18,638
▼ 33.2%
Turnover
≈ €220,000
estimated
Profit
€14,923
▼ 27.8%
Equity
€45,092
▲ 49.5%
Total assets
€256,312
▲ 111%
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 117 days late; 3 of the last 3 accounts late1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 25-11-2025)lowers riskLiquidity: current ratio 1.21, cash €104,236Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 54% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2023
Average
Solvency 43-7
equity 17.6% of total assets
Liquidity 55-4
short-term debt 82.4% · cash 40.7%
Profitability 76-4
return on assets 5.8%
Bankruptcy probability within 12 months
9.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 4.6% 01-2025: 4.6%● unchanged vs 12-2024lowest value 02-2025: 4.6%● unchanged vs 01-2025lowest value 03-2025: 4.6%● unchanged vs 02-2025 04-2025: 5.1%▲ +0.5 percentage points vs 03-2025 05-2025: 5.6%▲ +0.5 percentage points vs 04-2025 06-2025: 5.7%▲ +0.1 percentage points vs 05-2025 07-2025: 5.7%● unchanged vs 06-2025 08-2025: 6.8%▲ +1.1 percentage points vs 07-2025 09-2025: 6.8%● unchanged vs 08-2025 10-2025: 9.2%▲ +2.4 percentage points vs 09-2025 11-2025: 9.2%● unchanged vs 10-2025 12-2025: 5.8%▼ -3.4 percentage points vs 11-2025 01-2026: 5.7%▼ -0.1 percentage points vs 12-2025 02-2026: 5.7%● unchanged vs 01-2026 03-2026: 5.7%● unchanged vs 02-2026 04-2026: 5.9%▲ +0.2 percentage points vs 03-2026 05-2026: 6.9%▲ +1.0 percentage point vs 04-2026 06-2026: 6.7%▼ -0.2 percentage points vs 05-2026 07-2026: 6.7%● unchanged vs 06-2026 08-2026: 7.1%▲ +0.4 percentage points vs 07-2026 09-2026: 7.7%▲ +0.6 percentage points vs 08-2026 10-2026: 9.9%▲ +2.2 percentage points vs 09-2026highest value 11-2026: 9.9%● unchanged vs 10-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.21 (1.33 in 2023), below the usual 1.5. Short-term debt is 82.4% and cash 40.7% of total assets. 82.4% of the assets are financed with debt and provisions.
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 41, micro). It does better than 24% of them on solvency, 59% on liquidity, 54% on profitability and 79% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 117 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed on 25-11-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.21, cash €104,236
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 9837 sector peers (2024).
NBB · sector comparison
Position among 9837 sector peers
Solvency
better than 25%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 117 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-11-2025, 117 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
117 days late
2023
99 days late
2022
263 days late
2021
170 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 162 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Registered office moved within WaterlooNew seat: Rue du menil 2/102 à 1410 WATERLOO · Previous seat: Chaussée de Bruxelles 732 à 1410 Waterloo
  2. · Gazette deed Resignation: Nunes De Almeida Fernando (director)
  3. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as COFRABELGA: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €216,000 and €293,000, founded between 2020 and 2022.

CompanyTotal assetsGross margin
COFRABELGA Waterloo€256,312€18,638
BJM Invest Bastogne€293,105€19,399
Valdagno Invest Charleroi€216,017€20,235
DYSTA CONSTRUCTIONS Gent€220,807€20,868
Matthijs en Co Construct Herzele€257,822€21,772
AMS Bouwoperator Schilde€287,958€17,637
PIC Vert Construction Ans€278,563€22,047
Full comparison

Key facts about COFRABELGA

What is the company number of COFRABELGA?
The company number of COFRABELGA is 0766.933.468. The VAT number is the same number with BE in front: BE 0766.933.468.
Where is COFRABELGA based?
The registered office is at Rue du Ménil 2, 1410 Waterloo.Company details
What does COFRABELGA do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of COFRABELGA?
The legal form of COFRABELGA is Private limited company (BV).
When was COFRABELGA founded?
COFRABELGA was founded on 20-04-2021.
Is COFRABELGA still active?
Yes, COFRABELGA is an active enterprise in the KBO register.
What is the turnover of COFRABELGA?
The turnover in financial year 2024 is ≈ €220,000. This figure is estimated from the gross margin of €18,638 and 266 comparable companies (NACE 41001). It probably lies between €120,000 and €410,000. It is a rough estimate. In financial year 2023 turnover was €718,245.Financials
Is COFRABELGA profitable?
In financial year 2024, COFRABELGA made a profit of €14,923.
Where can I find the annual accounts of COFRABELGA?
COFRABELGA filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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