COFRAN
ActiveCOFRAN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €51k and a net result of €5k. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 53% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
94
/ 100
Excellent▲ +18 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability52▲+24
Solvency78▲+4
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.76 against 3.84 in 2023), but 64.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
35.8%
Return on assets
3.7%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
47 d early
2022
7 d early
2021
4 d early
2020
19 d early
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€51k▲ 11.6%
2023 · €46k
2018: €-19k
2019: €2k
2020: €32k
2021: €40k
2022: €43k
2023: €46k
2018 → 2024
Total assets
€143k▲ 3.0%
2023 · €139k
2018: €84k
2019: €108k
2020: €134k
2021: €144k
2022: €145k
2023: €139k
2018 → 2024
Net result
€5k▲ 106%
2023 · €3k
2018: €24k
2019: €21k
2020: €29k
2021: €8k
2022: €3k
2023: €3k
2018 → 2024
Working capital
€109k▲ 32.9%
2023 · €82k
2018: €-22k
2019: €13k
2020: €3k
2021: €3k
2022: €63k
2023: €82k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€32k-€40k▲ 25.9%€43k▲ 8.2%€46k▲ 6.0%€51k▲ 11.6%
Operating result€29k-€13k▼ 55.1%€10k▼ 23.7%€9k▼ 8.0%€14k▲ 57.2%
Net result€29k-€8k▼ 71.9%€3k▼ 60.2%€3k▼ 21.1%€5k▲ 106%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 57% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €143k
Fixed assets
€16k▼ 44.6%
Current assets
€127k▲ 15.4%
Equity and liabilities €143k
Equity
€51k▲ 11.6%
Debt
€92k▼ 1.2%
The debt ratio falls from 67.0% to 64.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€28k▲
2023 · €24k
Cash flow
€19k▲
2023 · €17k
Solvency
35.8%▲
2023 · 33.0%
Current ratio
6.76▲
2023 · 3.84
Quick ratio
6.74▲
2023 · 3.79
Debt / equity
1.80▼
2023 · 2.03
ROE
10.4%▲
2023 · 5.6%
ROA
3.7%▲
2023 · 1.9%
Interest coverage
7.72▼
2023 · 9.52
Debt
€92k▼
2023 · €93k
Debt ≤ 1 year
€19k▼
2023 · €29k
Debt > 1 year
€45k▲
2023 · €43k
Income taxes
€6k▲
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€139k€143k▲
Fixed assets21/28€29k€16k▼
Tangible fixed assets22/27€29k€16k▼
Land and buildings22€1k€955▼
Plant, machinery and equipment23-€839
Furniture and vehicles24€27k€14k▼
Current assets29/58€110k€127k▲
Stocks and contracts in progress3€1k€520▼
Stocks30/36€1k€520▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€1k€609▼
Other amounts receivable41€1k€1k▼
Cash at bank and in hand54/58€104k€122k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€139k€143k▲
Equity10/15€46k€51k▲
Contributions10/11€19k€19k=
Reserves13€27k€33k▲
Non-distributable reserves130/1€419€419=
Reserves not available under the articles1311€419€419=
Distributable reserves133€27k€32k▲
Amounts payable17/49€93k€92k▼
Amounts payable after more than one year17€43k€45k▲
Other amounts payable178/9€43k€45k▲
Amounts payable within one year42/48€29k€19k▼
Trade debts44€7k€2k▼
Suppliers440/4€7k€2k▼
Taxes, remuneration and social security45€75€878▲
Taxes450/3€75€878▲
Other amounts payable47/48€22k€16k▼
Accrued charges and deferred income492/3€21k€28k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8€9k€6k▼
Gross operating margin9900€33k€34k▲
Operating profit (loss)9901€9k€14k▲
Financial income75/76B€499€438▼
Recurring financial income75€222€438▲
Non-recurring financial income76B€278-
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€7k€11k▲
Income taxes67/77€5k€6k▲
Profit (loss) for the period9904€3k€5k▲
Profit (loss) for the period to be appropriated9905€3k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€5k▲
Transfer to equity691/2€3k€5k▲
To other reserves6921€3k€5k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €3k ▼21.1%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 2.57
Current ratio from 1.03 to 2.57; short-term debt falls from €84k to €40k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €29k ▲37.3%
Operating result €29k, net result €29k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Zonhoven · 1 establishment unit since 2007
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.
Heuveneindeweg 803520 ZonhovenGround area
1,466 m²
Building footprint
293 m²
Volume, LiDAR
1,675 m³
Parcel 71443F0688/00P000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COFRAN
since 20072.167.541.511
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71443F0688/00P000 | Flanders | 1,466 m² | 1 · 293 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZonhoven2.167.541.511
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Of 10,411 companies in sector 47110 we hold annual accounts for 5,787. 4,583 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-11-2007
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.