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COINFINITE

Active
Private limited companyfounded 2024active for 2 yearsDe Roosen 76, 3910 Pelt, BelgiumKBO/BCE: BE 1012.013.569

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 31-03-2026 at the NBB

Turnover
≈ €140,000
Estimated: probably between €130,000 and €190,000
Total assets
€95,773
Net result
€53,659
Working capital
€55,816

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €95,773
Fixed assets €2,228
Current assets €93,545
Equity and liabilities €95,773
Equity €55,326
Debt €40,447
Debt's share of the balance-sheet total is 42.2%.
Key figures and ratios
2025 value
EBITDA
€74,929
Cash flow
€54,290
Current ratio
2.48
Debt to equity
0.73
ROE
97.0%
ROA
56.0%
Interest coverage
over 100
Debt ≤ 1 year
€37,729
Debt > 1 year
€2,500
Income taxes
€20,402

Investments

fixed assets acquired
Item30-09-2025
Tangible fixed assets€2,859
Depreciation and write-downs of the year€630

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€95,773
Fixed assets21/28€2,228
Tangible fixed assets22/27€2,228
Plant, machinery and equipment23€2,228
Current assets29/58€93,545
Amounts receivable within one year40/41€34,586
Trade receivables40€34,586
Cash at bank and in hand54/58€58,849
Deferred charges and accrued income490/1€110
Equity and liabilities
Total equity and liabilities10/49€95,773
Equity10/15€55,326
Contributions10/11€2,500
Reserves13€52,826
Distributable reserves133€52,826
Amounts payable17/49€40,447
Amounts payable after more than one year17€2,500
Other amounts payable178/9€2,500
Amounts payable within one year42/48€37,729
Trade debts44€167
Suppliers440/4€167
Taxes, remuneration and social security45€36,729
Taxes450/3€27,560
Remuneration and social security454/9€9,168
Other amounts payable47/48€833
Accrued charges and deferred income492/3€218
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€630
Other operating charges640/8€54
Gross operating margin9900€74,983
Operating profit (loss)9901€74,299
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€237
Recurring financial charges65€237
Profit (loss) for the period before taxes9903€74,062
Income taxes67/77€20,402
Profit (loss) for the period9904€53,659
Profit (loss) for the period to be appropriated9905€53,659
Appropriation of the result
Profit (loss) to be appropriated9906€53,659
Transfer to equity691/2€52,826
To other reserves6921€52,826
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-03-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€630
Other operating charges640/8€54
Gross operating margin9900€74,983
Operating profit (loss)9901€74,299
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€237
Recurring financial charges65€237
Profit (loss) for the period before taxes9903€74,062
Income taxes67/77€20,402
Profit (loss) for the period9904€53,659
Profit (loss) for the period to be appropriated9905€53,659
Line2025
Assets
Total assets20/58€95,773
Fixed assets21/28€2,228
Tangible fixed assets22/27€2,228
Plant, machinery and equipment23€2,228
Current assets29/58€93,545
Amounts receivable within one year40/41€34,586
Trade receivables40€34,586
Cash at bank and in hand54/58€58,849
Deferred charges and accrued income490/1€110
Equity and liabilities
Total equity and liabilities10/49€95,773
Equity10/15€55,326
Contributions10/11€2,500
Reserves13€52,826
Distributable reserves133€52,826
Amounts payable17/49€40,447
Amounts payable after more than one year17€2,500
Other amounts payable178/9€2,500
Amounts payable within one year42/48€37,729
Trade debts44€167
Suppliers440/4€167
Taxes, remuneration and social security45€36,729
Taxes450/3€27,560
Remuneration and social security454/9€9,168
Other amounts payable47/48€833
Accrued charges and deferred income492/3€218
Line2025
Profit (loss) for the period9904€53,659
+ Depreciation and write-downs630€630
Operating cash flow (approximation)€54,290

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 39,278 companies had the same profile as COINFINITE has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.8% was still going
2.3% stopped otherwise
1.8% went bankrupt

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

The bankruptcy probability of COINFINITE itself is lower: 0.1% within 12 months. It rests on far more data about COINFINITE than the profile alone.

Test of the method

The method was tested on the 497,446 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 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 39,278 companies, not a prediction for COINFINITE. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
30-09-2025 micro format 31-03-2026 2026-00071798 PDF

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