CoHop

Active

Cooperative companyfounded 20215 yrs activeSteenweg op Waver 950, 1040 Etterbeek, BelgiumKBO/BCE: BE 0768.468.642

CoHop has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €413k and a net result of €-19k. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 68% of 112 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

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Checked score

Score 2024

66 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability53▲+49

Solvency79▲+9

Growth58=

Track record94

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €25k at 30 days acceptable

Liquidity short (current ratio 0.93 against 0.75 in 2023; short-term debt: 11.2% and cash: 4.5% of total assets), and 45.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

54.5%

Return on assets

-2.5%

Age of the figures

21 mo

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 11

Relative position

BE, all sectors

reference

Sector 11

lower

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

55 d early

2023

54 d early

2022

39 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-19k▲ 80.4%

2023 · €-99k

2022: €-118k 2023: €-99k

2022 → 2024

Working capital

€-6k▲ 84.2%

2023 · €-37k

2022: €84k 2023: €-37k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€472k-€373k▼ 20.9%€413k▲ 10.8%

Operating result€-107k-€-84k▲ 21.3%€-5k▲ 93.8%

Net result€-118k-€-99k▲ 16.3%€-19k▲ 80.4%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €5k in 2024 against €84k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €758k

89.5%

10%

Fixed assets €679k▼ 5.9%

Current assets €79k▼ 30.1%

Equity and liabilities €759k

54.5%

45.5%

Equity €413k▲ 10.8%

Debt €346k▼ 25.4%

The debt ratio falls from 55.4% to 45.5%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€63k▲

2023 · €-17k

Cash flow

€49k▲

2023 · €-32k

Solvency

54.5%▲

2023 · 44.6%

Current ratio

0.93▲

2023 · 0.75

Quick ratio

0.61▲

2023 · 0.53

Debt / equity

0.84▼

2023 · 1.24

ROE

-4.7%▲

2023 · -26.5%

ROA

-2.5%▲

2023 · -11.8%

Interest coverage

4.49▲

2023 · -1.18

Debt

€346k▼

2023 · €463k

Debt ≤ 1 year

€85k▼

2023 · €150k

Debt > 1 year

€260k▼

2023 · €311k

Staff costs

€117k▲

2023 · €108k

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€836k€759k▼

Formation expenses20€1k€648▼

Fixed assets21/28€722k€679k▼

Tangible fixed assets22/27€702k€659k▼

Plant, machinery and equipment23€272k€250k▼

Furniture and vehicles24€17k€12k▼

Other tangible fixed assets26€413k€397k▼

Financial fixed assets28€20k€20k▲

Current assets29/58€113k€79k▼

Stocks and contracts in progress3€34k€27k▼

Stocks30/36€34k€27k▼

Amounts receivable within one year40/41€38k€14k▼

Trade receivables40€38k€14k▼

Cash at bank and in hand54/58€36k€34k▼

Deferred charges and accrued income490/1€5k€4k▼

Equity and liabilities

Total equity and liabilities10/49€836k€759k▼

Equity10/15€373k€413k▲

Contributions10/11€589k€649k▲

Profit (loss) carried forward14€-217k€-236k▼

Amounts payable17/49€463k€346k▼

Amounts payable after more than one year17€311k€260k▼

Financial debts170/4€311k€260k▼

Amounts payable within one year42/48€150k€85k▼

Current portion of amounts payable after more than one year42€56k€43k▼

Trade debts44€69k€25k▼

Suppliers440/4€69k€25k▼

Taxes, remuneration and social security45€24k€17k▼

Taxes450/3€5k€8k▲

Remuneration and social security454/9€19k€10k▼

Other amounts payable47/48€333€333=

Accrued charges and deferred income492/3€2k€70▼

Income statement Code20232024

Remuneration, social security and pensions62€108k€117k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€69k▲

Other operating charges640/8€3k€6k▲

Non-recurring operating charges66A€1k-

Gross operating margin9900€94k€187k▲

Operating profit (loss)9901€-84k€-5k▲

Financial income75/76B€70€24▼

Recurring financial income75€70€24▼

Financial charges65/66B€15k€14k▼

Recurring financial charges65€15k€14k▼

Profit (loss) for the period before taxes9903€-99k€-19k▲

Profit (loss) for the period9904€-99k€-19k▲

Profit (loss) for the period to be appropriated9905€-99k€-19k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-217k€-236k▼

Profit (loss) brought forward from the previous period14P€-118k€-217k▼

Social balance

Average headcount (FTE)90877.610.4▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 3Filings 3

2025

06-06

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

07-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

22-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

NBB filing

Directors · office · real estate

Directors

no sitting director, no change since 2025

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.

06-11-2025 Resigned as Director

Location & real-estate footprint

Registered office, Etterbeek · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Steenweg op Waver 9501040 Etterbeek

Ground area

1,710 m²

Parcel 21363B0348/00X000, Brussels. Linked by address, not a title deed.

1 establishment unit

CoHop