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Colac

Active
Private limited companyfounded 1980active for 46 yearsBiezenstraat 27, 2340 Beerse, BelgiumKBO/BCE: BE 0420.440.065
Summary

Colac has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.2m and a net result of €4.2m. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 84% of 776 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of food products
NACE 10520Manufacture of food products NACE 10392
#3 company by staff growth in Beerse, Manufacturing sector1 site
Size
€30.5mturnover 2025
Staff
63.4 FTE
Equity
€16.2m
Profit
€4.2m
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
ARGEIA · 100%
  • ANTHEIADirector · permanent representative Dieter VERMEERSCH
  • MASITIDirector · permanent representative Steven VERMEERSCH
  • ONEIROIDirector · permanent representative Thomas VERMEERSCH
Auditor: VYVEY & C°, BEDRIJFSREVISORENAccounts 35 days early2 of 7 deeds read
Why 95raises riskSector: Manufacture of food products (NACE 10)lowers riskSize: turnover €30.5m, 63.4 FTE, total assets €22.2mFounded in 1980Profit of €4.2m (financial year 2025)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 82% of its sector peers (NACE 10, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 98+6
equity 72.7% of total assets
Liquidity 47-3
short-term debt 17.4% · cash 1.5%
Profitability 95=
return on assets 18.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (225 companies, NACE 10, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026
Credit of up to €1,500,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.61, compared with 3.12 in 2024; short-term debt: 17.4% and cash: 1.5% of total assets), and 27.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, medium-sized): better than 86% on solvency, 70% on liquidity, 98% on profitability and 76% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €30.5m, 63.4 FTE, total assets €22.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1980
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
lowers risk · Profit of €4.2m (financial year 2025)
NBB · annual accounts
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
57 days early
2023
15 days early
2022
40 days early
2021
23 days early
2020
33 days early
2019
15 days early
← 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 31 days before the deadline; the sector median (NACE 10) for financial year 2024 is 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Highest result from 2018 to 2025net €4.2m ▲17.8%
  3. Appointments: ANTHEIA, MASITI and ONEIROIPermanent representatives: Dieter VERMEERSCH, Steven…

Key points

  • Positive: 6 years of growth in a rowturnover 2025: €30.5m 6 years View
  • Positive: Company by staff growth in Beerse, Manufacturing sectorin the Checked rankings #3 View
  • New directorslatest change 01-01-2026 · 3 in office 3 joined View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by ARGEIA 100% View
  • Positive: Equity rose in 2025from €12.6m to €16.2m ▲ 28.4% View
  • Active since 1980founded 03-04-1980 46 years View
  • Flemish supportawarded 2022 - 2025 €114,848 View

By topic

Financials

Financial year
2025
Turnover
€30.5m
Profit
€4.2m
Solvency
72.7%
Turnover▲ 9.6%
Net result
20192025
Go to Financials

Board & ownership

Board
3 members
Parent
ARGEIA · 100%
Auditor
VYVEY & C°, BEDRIJFSREVISOREN
  • ANTHEIADirector
  • MASITIDirector
  • ONEIROIDirector
Go to Board & ownership

Timeline

Events
51
Since
1981
Next accounts
by 31-07-2027
  1. 14-10-2025Reappointment: VYVEY&C°,BEDRIJFSREVISORENBV (statutory auditor)
  2. 04-06-2025Annual accounts filed
  3. 16-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of food productsNACE 10520
Founded
03-04-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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