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COFRAX

Active Private limited companyfounded 2020active for 6 yearsRueelstraat 9, 3680 MaaseikKBO/BCE: BE 0743.693.060

Lifetime

6 annual accounts with figures on one time axis
peak €151,966 (2023)
€98,267▼ 34.1%
peak €61,877 (2024)
€38,319▼ 38.1%
peak €243,966 (2025)
€243,966▲ 15.5%
€176,551▼ 0.4%
peak 0.8 FTE (2020)
-not published
Board1 name since 2020
1 director
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €149,096 to €98,267Result from €61,877 to €38,319Equity from €211,294 to €243,966Cash from €62,681 to €250,456

Key points

from the 2025 annual accounts

Equity

€243,966 ▲ 15.5%

COFRAX has made a profit in every financial year since 2020.

Turnover

≈ €300,000 estimated

The micro format states no turnover.

Filings

6 annual accounts since 2020
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 11 to 119 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,969 companies had the same profile as COFRAX has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 26,969 companies, not a prediction for COFRAX. 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

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

Signals

Board and ownership

Director, since 14-02-2020
  • 100 sharesdeed of 18-02-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0743693060
Incorporation Founding capital of €20,000, 100 shares · Founder: · Appointment: (director) · published on 18-02-2020 · Gazette deed
First establishment Rueelstraat 9, Maaseik
All 12 events

Comparable companies

same main activity, similar in size and age
Company
COFRAX Maaseik €0.4m €98,267 58.0% -
HYDROHM Nazareth-De Pinte €0.8m €167,987 62.8% -
ARAMIS IMMO Beringen €1.1m €65,150 11.3% -
O-Claire Oosterzele €0.2m €77,824 12.1% -
opus25 Antwerp €0.7m €213,303 16.9% -
Aqvita Woluwe-Saint-Pierre €0.5m €225,272 15.0% -
POMPES ET VANNES Sprimont €0.3m €58,868 80.4% -

These companies have the same main activity as COFRAX: water collection, treatment and supply (NACE 36000). They are comparable in size and age: total assets between €173,000 and €1.1m, founded between 2015 and 2022.

Official details

Source: KBO
Status
Active since 14-02-2020Normal situation
Activity
Water collection, treatment and supplyNACE 36000
Joint committee
124Construction · annual accounts 2023
Establishment unit
2.299.229.0083680 Maaseik, since 14-02-2020
Financial year end
31 December
Peppol
Reachable since 28-11-2025
Company details

Annual accounts 2025

€420,517▲ 8.2%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on COFRAX

COFRAX files the micro format. That format states no turnover. The gross margin rose from €69,760 in 2020 to €98,267 in 2025.

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 COFRAX

What is the company number of COFRAX?
The company number of COFRAX is 0743.693.060. The VAT number is the same number with BE in front: BE 0743.693.060.
Where is COFRAX based?
The registered office is at Rueelstraat 9, 3680 Maaseik.Company details
What does COFRAX do?
According to the KBO register, the main activity is water collection, treatment and supply (NACE 36000).
What is the legal form of COFRAX?
COFRAX is a private limited company (BV).
When was COFRAX founded?
COFRAX was founded on 14-02-2020.
Is COFRAX still active?
Yes, COFRAX is an active enterprise in the KBO register.
How many employees does COFRAX have?
COFRAX had an average of 0.7 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does COFRAX fall under?
In its 2023 annual accounts, COFRAX states joint committee 124 (Construction).
What is the turnover of COFRAX?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €98,267 and 2,666 comparable companies of the same size. It probably lies between €190,000 and €510,000. It is a rough estimate.
Is COFRAX profitable?
In financial year 2025, COFRAX made a profit of €38,319.
Where can I find the annual accounts of COFRAX?
COFRAX filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COFRAX due?
COFRAX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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