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COLAB

Active
Private limited companyfounded 2024active for 2 yearsIndustriepark 41, 8730 Beernem, BelgiumKBO/BCE: BE 1010.644.978
Summary

COLAB has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4,391) and a net result of -€9,391. Its solvency ranks better than 19% of 17,107 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (3 days) Filed on 3 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00029984.

Turnover
≈ €90,000
Estimated: probably between €49,000 and €230,000
Total assets
€496,372
Net result
-€9,391
Working capital
-€92,103

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

Balance-sheet composition
Assets €493,957
Fixed assets €486,753
Current assets €7,204
Equity and liabilities
Equity-€4,391
Debt€500,762
Equity is negative: debt (€500,762) exceeds the balance-sheet total (€496,372).
Key figures and ratios
2025 value
EBITDA
€23,084
Cash flow
€3,210
Solvency
-0.9%
Current ratio
0.07
ROA
-1.9%
Interest coverage
1.16
Debt
€500,762
Debt ≤ 1 year
€99,306
Debt > 1 year
€396,310
A ratio outside any meaningful range has been withheld (balance sheet total €496,372, equity -€4,391).

Peer companies

Historical observation

Of the 1,251 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96.6% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a small loss
1.0% went bankrupt
2.1% stopped otherwise
96.6% still going

A further 0.3% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,251 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
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€496,372
Formation expenses20€2,415
Fixed assets21/28€486,753
Tangible fixed assets22/27€486,753
Land and buildings22€486,753
Current assets29/58€7,204
Cash at bank and in hand54/58€6,515
Deferred charges and accrued income490/1€688
Equity and liabilities
Total equity and liabilities10/49€496,372
Equity10/15-€4,391
Contributions10/11€5,000
Profit (loss) carried forward14-€9,391
Amounts payable17/49€500,762
Amounts payable after more than one year17€396,310
Financial debts170/4€396,310
Amounts payable within one year42/48€99,306
Current portion of amounts payable after more than one year42€14,885
Trade debts44€56
Suppliers440/4€56
Taxes, remuneration and social security45€3,241
Taxes450/3€3,241
Other amounts payable47/48€81,124
Accrued charges and deferred income492/3€5,146
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,601
Other operating charges640/8€387
Gross operating margin9900€23,471
Operating profit (loss)9901€10,482
Financial charges65/66B€19,873
Recurring financial charges65€19,873
Profit (loss) for the period before taxes9903-€9,391
Profit (loss) for the period9904-€9,391
Profit (loss) for the period to be appropriated9905-€9,391
Appropriation of the result
Profit (loss) to be appropriated9906-€9,391

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,601
Other operating charges640/8€387
Gross operating margin9900€23,471
Operating profit (loss)9901€10,482
Financial charges65/66B€19,873
Recurring financial charges65€19,873
Profit (loss) for the period before taxes9903-€9,391
Profit (loss) for the period9904-€9,391
Profit (loss) for the period to be appropriated9905-€9,391
Line2025
Assets
Total assets20/58€496,372
Formation expenses20€2,415
Fixed assets21/28€486,753
Tangible fixed assets22/27€486,753
Land and buildings22€486,753
Current assets29/58€7,204
Cash at bank and in hand54/58€6,515
Deferred charges and accrued income490/1€688
Equity and liabilities
Total equity and liabilities10/49€496,372
Equity10/15-€4,391
Contributions10/11€5,000
Profit (loss) carried forward14-€9,391
Amounts payable17/49€500,762
Amounts payable after more than one year17€396,310
Financial debts170/4€396,310
Amounts payable within one year42/48€99,306
Current portion of amounts payable after more than one year42€14,885
Trade debts44€56
Suppliers440/4€56
Taxes, remuneration and social security45€3,241
Taxes450/3€3,241
Other amounts payable47/48€81,124
Accrued charges and deferred income492/3€5,146
Line2025
Profit (loss) for the period9904-€9,391
+ Depreciation and write-downs630€12,601
Operating cash flow (approximation)€3,210

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 03-02-2026 2026-00029984

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 7,222 active companies whose main activity is buying and selling of own real estate (NACE 68110), figures are known for 5,547. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.