COJEMA
ActiveSummary
COJEMA has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €566,843 and a net result of €423,469. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 23% of 192 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability93▲+9
Solvency51▼-4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.4 in 2024; short-term debt: 52.6% and cash: 5.7% of total assets), and 73.7% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.3%
Return on assets
19.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 192 sector peers (2025).
NBB · sector comparisonPosition among 192 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
93 d early
2024
111 d early
2023
41 d early
2022
31 d early
2021
29 d late
2020
29 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 June (4 of the last 5 filed years within 69 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#7 company by total assets in Bassenge
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€423,469▲ 67.5%
2024 · €252,871
Working capital
€373,981▼ 5.8%
2024 · €396,977
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€317,306▲ 82.4%€437,349▲ 37.8%€469,934▲ 7.5%€292,768▼ 37.7%€518,080▲ 77.0%
Net result€318,134within the sector's middle half▲ 151%€352,058within the sector's middle half▲ 10.7%€344,873within the sector's middle half▼ 2.0%€252,871within the sector's middle half▼ 26.7%€423,469within the sector's middle half▲ 67.5%
Equity€793,572within the sector's middle half▲ 17.5%€845,630within the sector's middle half▲ 6.6%€890,503within the sector's middle half▲ 5.3%€643,374below the sector's middle half▼ 27.8%€566,843below the sector's middle half▼ 11.9%
Total assets€1.9mbelow the sector's middle half▲ 20.0%€2.3mbelow the sector's middle half▲ 21.2%€2.2mbelow the sector's middle half▼ 2.1%€2.1mbelow the sector's middle half▼ 4.4%€2.2mbelow the sector's middle half▲ 1.4%
Debt€1.1m▲ 21.9%€1.4m▲ 32.0%€1.3m▼ 6.5%€1.5m▲ 11.2%€1.6m▲ 7.2%
Working capital€623,717within the sector's middle half▲ 37.0%€543,734within the sector's middle half▼ 12.8%€643,034within the sector's middle half▲ 18.3%€396,977within the sector's middle half▼ 38.3%€373,981within the sector's middle half▼ 5.8%
Solvency42.4%within the sector's middle half▼ 0.9pp37.2%within the sector's middle half▼ 5.1pp40.1%within the sector's middle half▲ 2.8pp30.3%within the sector's middle half▼ 9.8pp26.3%below the sector's middle half▼ 4.0pp
Current ratio1.99within the sector's middle half▲ 0.141.73within the sector's middle half▼ 0.261.90within the sector's middle half▲ 0.171.40within the sector's middle half▼ 0.511.33within the sector's middle half▼ 0.07
Return on assets (ROA)17.0%above the sector's middle half▲ 8.9pp15.5%above the sector's middle half▼ 1.5pp15.5%above the sector's middle half=11.9%above the sector's middle half▼ 3.6pp19.6%above the sector's middle half▲ 7.7pp
Staff (FTE)6below the sector's middle half▲ 1.7%6.2below the sector's middle half▲ 3.3%5.7below the sector's middle half▼ 8.1%6.5below the sector's middle half▲ 14.0%6.8below the sector's middle half▲ 4.6%
above
within
below
the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 77% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€648,124 ▼ 10.5%
Current assets
€1.5m ▲ 7.6%
Equity and liabilities €2.2m
Equity
€566,843 ▼ 11.9%
Debt
€1.6m ▲ 7.2%
Debt's share of the balance-sheet total rises from 69.7% to 73.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€774,398▲
2024 · €527,444
Cash flow
€679,787▲
2024 · €487,547
Quick ratio
0.84▼
2024 · 1.05
Debt to equity
2.80▲
2024 · 2.30
ROE
74.7%▲
2024 · 39.3%
Interest coverage
27.18▼
2024 · 27.36
Debt ≤ 1 year
€1.1m▲
2024 · €1.0m
Debt > 1 year
€455,262▼
2024 · €477,849
Income taxes
€140,747▲
2024 · €81,316
Staff costs
€403,147▲
2024 · €340,695
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,815 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,815 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €12,027 | €6,076 | €1,040 | ▼ 82.9% |
| Remuneration, social security and pensions62 | €276,537 | €284,980 | €280,151 | €340,695 | €403,147 | ▲ 18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €117,679 | €153,592 | €227,870 | €234,675 | €256,318 | ▲ 9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €3,591 | €0 | €338 | €0 | ▼ 100% |
| Other operating charges640/8 | €13,075 | €10,557 | €19,871 | €13,241 | €13,196 | ▼ 0.3% |
| Non-recurring operating charges66A | - | - | - | €32 | €0 | ▼ 100% |
| Gross operating margin9900 | €724,598 | €890,069 | €997,826 | €881,750 | €1.2m | ▲ 35.0% |
| Operating profit (loss)9901 | €317,306 | €437,349 | €469,934 | €292,768 | €518,080 | ▲ 77.0% |
| Financial income75/76B | €80,460 | €1,057 | €4,148 | €60,694 | €74,624 | ▲ 23.0% |
| Recurring financial income75 | €80,460 | €1,057 | €4,148 | €60,694 | €74,624 | ▲ 23.0% |
| Financial charges65/66B | €9,513 | €12,425 | €18,917 | €19,275 | €28,488 | ▲ 47.8% |
| Recurring financial charges65 | €9,513 | €12,425 | €18,917 | €19,275 | €28,488 | ▲ 47.8% |
| Profit (loss) for the period before taxes9903 | €388,253 | €425,982 | €455,165 | €334,187 | €564,216 | ▲ 68.8% |
| Income taxes67/77 | €70,119 | €73,924 | €110,291 | €81,316 | €140,747 | ▲ 73.1% |
| Profit (loss) for the period9904 | €318,134 | €352,058 | €344,873 | €252,871 | €423,469 | ▲ 67.5% |
| Profit (loss) for the period to be appropriated9905 | €318,134 | €352,058 | €344,873 | €252,871 | €423,469 | ▲ 67.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €2.3m | €2.2m | €2.1m | €2.2m | ▲ 1.4% |
| Fixed assets21/28 | €621,085 | €986,799 | €867,415 | €724,247 | €648,124 | ▼ 10.5% |
| Tangible fixed assets22/27 | €620,969 | €986,683 | €867,298 | €724,130 | €648,007 | ▼ 10.5% |
| Land and buildings22 | €288,501 | €363,582 | €288,349 | €170,855 | €46,747 | ▼ 72.6% |
| Plant, machinery and equipment23 | €324,839 | €603,757 | €553,195 | €505,966 | €520,895 | ▲ 3.0% |
| Furniture and vehicles24 | €7,629 | €19,343 | €25,753 | €47,309 | €80,365 | ▲ 69.9% |
| Financial fixed assets28 | €117 | €117 | €117 | €117 | €117 | = |
| Current assets29/58 | €1.3m | €1.3m | €1.4m | €1.4m | €1.5m | ▲ 7.6% |
| Stocks and contracts in progress3 | €309,464 | €442,651 | €380,357 | €351,606 | €560,117 | ▲ 59.3% |
| Stocks30/36 | €309,464 | €442,651 | €380,357 | €351,606 | €560,117 | ▲ 59.3% |
| Amounts receivable within one year40/41 | €471,831 | €429,975 | €439,270 | €446,104 | €496,692 | ▲ 11.3% |
| Trade receivables40 | €471,831 | €393,375 | €396,482 | €419,284 | €491,430 | ▲ 17.2% |
| Other amounts receivable41 | - | €36,600 | €42,788 | €26,820 | €5,262 | ▼ 80.4% |
| Current investments50/53 | €455,952 | €396,350 | €496,393 | €473,280 | €309,816 | ▼ 34.5% |
| Cash at bank and in hand54/58 | €14,741 | €8,625 | €31,155 | €115,789 | €122,999 | ▲ 6.2% |
| Deferred charges and accrued income490/1 | - | €6,077 | €8,161 | €13,985 | €17,969 | ▲ 28.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €2.3m | €2.2m | €2.1m | €2.2m | ▲ 1.4% |
| Equity10/15 | €793,572 | €845,630 | €890,503 | €643,374 | €566,843 | ▼ 11.9% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €20,451 | ▲ 10.0% |
| Reserves13 | €774,359 | €827,038 | €871,911 | €624,782 | €546,392 | ▼ 12.5% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €0 | ▼ 100% |
| Tax-exempt reserves132 | €37,500 | €37,500 | €37,500 | €37,500 | €37,500 | = |
| Distributable reserves133 | €735,000 | €787,679 | €832,552 | €585,423 | €508,892 | ▼ 13.1% |
| Profit (loss) carried forward14 | €621 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €1.1m | €1.4m | €1.3m | €1.5m | €1.6m | ▲ 7.2% |
| Amounts payable after more than one year17 | €451,230 | €684,904 | €619,946 | €477,849 | €455,262 | ▼ 4.7% |
| Financial debts170/4 | €451,230 | €684,904 | €619,946 | €477,849 | €455,262 | ▼ 4.7% |
| Amounts payable within one year42/48 | €628,271 | €739,943 | €712,302 | €1.0m | €1.1m | ▲ 12.9% |
| Current portion of amounts payable after more than one year42 | €63,966 | €172,722 | €192,763 | €212,750 | €252,572 | ▲ 18.7% |
| Financial debts43 | - | - | - | - | €61,054 | - |
| Credit institutions430/8 | - | - | - | - | €61,054 | - |
| Trade debts44 | €296,872 | €203,361 | €137,567 | €198,288 | €134,038 | ▼ 32.4% |
| Suppliers440/4 | €296,872 | €203,361 | €137,567 | €198,288 | €134,038 | ▼ 32.4% |
| Taxes, remuneration and social security45 | €66,994 | €62,796 | €77,869 | €85,912 | €65,948 | ▼ 23.2% |
| Taxes450/3 | €36,593 | €29,848 | €24,345 | €36,811 | €11,630 | ▼ 68.4% |
| Remuneration and social security454/9 | €30,401 | €32,948 | €53,524 | €49,101 | €54,317 | ▲ 10.6% |
| Other amounts payable47/48 | €200,440 | €301,065 | €304,102 | €506,836 | €620,000 | ▲ 22.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €318,134 | €352,058 | €344,873 | €252,871 | €423,469 | ▲ 67.5% |
| + Depreciation and write-downs630 | €117,679 | €153,592 | €227,870 | €234,675 | €256,318 | ▲ 9.2% |
| Operating cash flow (approximation) | €435,814 | €505,650 | €572,744 | €487,547 | €679,787 | ▲ 39.4% |
| Investment in fixed assets (approximation) | - | -€519,306 | -€108,486 | -€91,508 | -€180,195 | ▼ 96.9% |
| Change in cash | - | -€6,116 | €22,531 | €84,634 | €7,210 | ▼ 91.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €423,469 ▲67.5%
Operating result €518,080, net result €423,469, both a record.
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 29 days late
2020
31-12
Financial
Weakest financial yearnet €126,941 ▼7.8%
Net result drops to €126,941, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bassenge · 1 establishment unit since 1991
Ground area
1,578 m²
Building footprint
182 m²
Volume, LiDAR
844 m³
2 parcels, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue du Pont 8, 4690 Bassenge
since 19912.052.726.272
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62086A0452/00P002 | Wallonia | 1,199 m² | 1 · 131 m² | 7.8 m · 2 fl. |
| 62086A1181/00C000 | Wallonia | 379 m² | 1 · 51 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- COJEMA INVEST
- COJEMA
Highest known parent: COJEMA INVEST. The sources do not say who stands above it.
Owners 1
- COJEMA INVESTparent94.15%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 371 companies in sector 22210 we hold annual accounts for 294. 213 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
22210Manufacture of rubber and plastic products
25631Manufacture of fabricated metal products, except machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443784304
Also
9925:BE0443784304
Registered
07-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.