COLAB48distribution
ActiveSummary
COLAB48distribution has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,520 and a net result of €7,128. Equity is growing by about 16% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2025, micro format
2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00417892.
Equity
€46,520▲ 18.1%
2024 · €39,392
Total assets
€326,657▲ 95.8%
2024 · €166,835
Net result
€7,128▲ 34.9%
2024 · €5,284
Working capital
€79,961▲ 102%
2024 · €39,579
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 14% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€11,053
2025
Net result€7,128
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€326,657
2025
Equity€46,520
2025
Debt€280,137
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€79,961
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0.8
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€409-€821▲ 101%€6,478▲ 689%€2,355▼ 63.6%€5,488▲ 133%€441▼ 92.0%€9,711▲ 2,104%€11,053▲ 13.8%
Net result€655-€846▲ 29.1%€4,348▲ 414%€1,382▼ 68.2%€3,528▲ 155%€4,263▲ 20.8%€5,284▲ 24.0%€7,128▲ 34.9%
Equity€9,741-€10,587▲ 8.7%€24,935▲ 136%€26,316▲ 5.5%€29,845▲ 13.4%€34,108▲ 14.3%€39,392▲ 15.5%€46,520▲ 18.1%
Total assets€71,205-€46,694▼ 34.4%€70,106▲ 50.1%€201,972▲ 188%€158,726▼ 21.4%€206,878▲ 30.3%€166,835▼ 19.4%€326,657▲ 95.8%
Debt€61,464-€36,107▼ 41.3%€45,172▲ 25.1%€175,656▲ 289%€128,882▼ 26.6%€172,770▲ 34.1%€127,443▼ 26.2%€280,137▲ 120%
Working capital€9,741-€10,587▲ 8.7%€24,935▲ 136%€44,316▲ 77.7%€81,095▲ 83.0%€34,621▼ 57.3%€39,579▲ 14.3%€79,961▲ 102%
Staff (FTE)10.8▼ 20.0%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €326,657
Equity
€46,520 ▲ 18.1%
Debt
€280,137 ▲ 120%
Debt's share of the balance-sheet total rises from 76.4% to 85.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.32▲
2024 · 1.31
Quick ratio
0.98▼
2024 · 1.06
Debt to equity
6.02▲
2024 · 3.24
ROE
15.3%▲
2024 · 13.4%
ROA
2.2%▼
2024 · 3.2%
Debt ≤ 1 year
€246,696▲
2024 · €127,256
Debt > 1 year
€30,000
Income taxes
€2,890▲
2024 · €2,149
Staff costs
€41,141▲
2024 · €6,712
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €6,712 | €41,141 | ▲ 513% |
| Other operating charges640/8 | - | - | - | €101 | €403 | €109 | €118 | €483 | ▲ 309% |
| Gross operating margin9900 | €505 | €919 | €6,578 | €2,456 | €5,891 | €550 | €16,540 | €52,677 | ▲ 218% |
| Operating profit (loss)9901 | €409 | €821 | €6,478 | €2,355 | €5,488 | €441 | €9,711 | €11,053 | ▲ 13.8% |
| Financial income75/76B | - | - | - | €296 | €445 | €6,161 | €79 | €7,759 | ▲ 9,755% |
| Recurring financial income75 | €678 | €42 | €7 | €296 | €445 | €6,161 | €79 | €7,759 | ▲ 9,755% |
| Financial charges65/66B | - | - | - | €731 | €1,127 | €515 | €2,356 | €8,794 | ▲ 273% |
| Recurring financial charges65 | €191 | €177 | €65 | €731 | €1,127 | €515 | €2,356 | €8,794 | ▲ 273% |
| Profit (loss) for the period before taxes9903 | €895 | €513 | €6,420 | €1,920 | €4,807 | €6,086 | €7,433 | €10,018 | ▲ 34.8% |
| Income taxes67/77 | €240 | -€333 | €2,072 | €538 | €1,279 | €1,823 | €2,149 | €2,890 | ▲ 34.5% |
| Profit (loss) for the period9904 | €655 | €846 | €4,348 | €1,382 | €3,528 | €4,263 | €5,284 | €7,128 | ▲ 34.9% |
| Profit (loss) for the period to be appropriated9905 | €655 | €846 | €4,348 | €1,382 | €3,528 | €4,263 | €5,284 | €7,128 | ▲ 34.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €71,205 | €46,694 | €70,106 | €201,972 | €158,726 | €206,878 | €166,835 | €326,657 | ▲ 95.8% |
| Current assets29/58 | €71,205 | €46,694 | €70,106 | €201,972 | €158,726 | €206,878 | €166,835 | €326,657 | ▲ 95.8% |
| Stocks and contracts in progress3 | €21,259 | €12,886 | €5,222 | €21,832 | €24,780 | €19,288 | €32,462 | €85,967 | ▲ 165% |
| Stocks30/36 | - | - | - | €21,832 | €24,780 | €19,288 | €32,462 | €85,967 | ▲ 165% |
| Amounts receivable within one year40/41 | €36,064 | €9,513 | €36,854 | €152,646 | €49,269 | €82,585 | €88,249 | €123,438 | ▲ 39.9% |
| Trade receivables40 | - | - | - | €152,440 | €42,402 | €80,899 | €69,305 | €97,987 | ▲ 41.4% |
| Other amounts receivable41 | - | - | - | €206 | €6,867 | €1,686 | €18,944 | €25,451 | ▲ 34.4% |
| Cash at bank and in hand54/58 | €13,882 | €24,108 | €27,984 | €27,260 | €35,430 | €75,622 | €45,582 | €65,149 | ▲ 42.9% |
| Deferred charges and accrued income490/1 | - | - | - | €234 | €49,247 | €29,383 | €542 | €52,102 | ▲ 9,518% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €71,205 | €46,694 | €70,106 | €201,972 | €158,726 | €206,878 | €166,835 | €326,657 | ▲ 95.8% |
| Equity10/15 | €9,741 | €10,587 | €24,935 | €26,316 | €29,845 | €34,108 | €39,392 | €46,520 | ▲ 18.1% |
| Contributions10/11 | €6,200 | €6,200 | - | €16,200 | €16,200 | €16,200 | €16,200 | €16,200 | = |
| Reserves13 | €2,885 | €2,885 | €2,885 | €10,116 | €13,645 | €17,908 | €23,192 | €30,320 | ▲ 30.7% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €8,256 | €11,785 | €17,908 | €23,192 | €30,320 | ▲ 30.7% |
| Profit (loss) carried forward14 | €655 | €1,501 | €5,849 | - | - | - | - | - | - |
| Amounts payable17/49 | €61,464 | €36,107 | €45,172 | €175,656 | €128,882 | €172,770 | €127,443 | €280,137 | ▲ 120% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | - | €30,000 | - |
| Financial debts170/4 | - | - | - | - | - | - | - | €30,000 | - |
| Amounts payable within one year42/48 | €61,464 | €36,107 | €45,172 | €157,656 | €77,632 | €172,257 | €127,256 | €246,696 | ▲ 93.9% |
| Trade debts44 | €58,437 | €32,813 | €42,827 | €150,550 | €75,902 | €169,825 | €120,653 | €238,342 | ▲ 97.5% |
| Suppliers440/4 | - | - | - | €150,550 | €75,902 | €169,825 | €120,653 | €238,342 | ▲ 97.5% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €2,297 | €2,828 | ▲ 23.1% |
| Taxes, remuneration and social security45 | - | - | - | €6,646 | €1,280 | €1,825 | €2,170 | €4,240 | ▲ 95.4% |
| Taxes450/3 | - | - | - | €6,646 | €1,280 | €1,825 | €1,350 | €4,240 | ▲ 214% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €820 | - | - |
| Other amounts payable47/48 | - | - | - | €460 | €450 | €607 | €2,137 | €1,286 | ▼ 39.8% |
| Accrued charges and deferred income492/3 | - | - | - | €18,000 | €51,250 | €513 | €187 | €3,441 | ▲ 1,745% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €655 | €846 | €4,348 | €1,382 | €3,528 | €4,263 | €5,284 | €7,128 | ▲ 34.9% |
| Operating cash flow (approximation) | €655 | €846 | €4,348 | €1,382 | €3,528 | €4,263 | €5,284 | €7,128 | ▲ 34.9% |
| Change in cash | - | €10,225 | €3,876 | -€724 | €8,170 | €40,192 | -€30,040 | €19,567 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00417892 |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00418931 |
| 31-12-2023 | micro format | 26-06-2024 | 2024-00164780 |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00264470 |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20094113 |
| 31-12-2020 | micro format | 09-08-2021 | 2021-46700332 |
| 31-12-2019 | micro format | 13-07-2020 | 2020-28700385 |
| 31-12-2018 | abbreviated format | 24-06-2019 | 2019-21600501 |
| 31-12-2017 | abbreviated format | 30-08-2018 | 2018-53300142 |
| 31-12-2016 | abbreviated format | 28-06-2017 | 2017-22000365 |
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Of the 1,272 active companies whose main activity is wholesale of clothing, excluding workwear and underwear (NACE 46423), figures are known for 790. 493 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2023 to 2025 · 4 entries · €34,000 awarded · €26,717 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €0 | €17,717 |
| 2023 | 2 | €34,000 | €9,000 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.