COLASSE
ActiveSummary
COLASSE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €337,552 and a net result of €137,144. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 43% of 5071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+16
Solvency64▲+12
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 2.15 against 2.42 in 2024; short-term debt: 39.4% and cash: 7.7% of total assets), but 60.5% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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
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
39.5%
Return on assets
16%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €337,552
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
6 d late
2023
31 d late
2022
32 d late
2021
31 d late
2020
1 d early
2019
6 d 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 17 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€137,144▲ 75.1%
2024 · €78,317
Working capital
€389,341▲ 1.7%
2024 · €382,918
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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-€59,308€33,876-€429€123,325€199,678▲ 61.9%
Net result-€86,461below the sector's middle half€7,193below the sector's middle half-€27,810below the sector's middle half€78,317within the sector's middle half€137,144within the sector's middle half▲ 75.1%
Equity€142,708below the sector's middle half▼ 38.5%€149,901below the sector's middle half▲ 5.0%€122,091below the sector's middle half▼ 18.6%€200,408below the sector's middle half▲ 64.1%€337,552below the sector's middle half▲ 68.4%
Total assets€747,471below the sector's middle half▲ 8.2%€868,548below the sector's middle half▲ 16.2%€864,631below the sector's middle half▼ 0.5%€744,229below the sector's middle half▼ 13.9%€855,622below the sector's middle half▲ 15.0%
Debt€604,763▲ 31.7%€718,647▲ 18.8%€742,540▲ 3.3%€543,821▼ 26.8%€518,070▼ 4.7%
Working capital€275,497within the sector's middle half▲ 46.2%€248,053within the sector's middle half▼ 10.0%€336,373within the sector's middle half▲ 35.6%€382,918within the sector's middle half▲ 13.8%€389,341within the sector's middle half▲ 1.7%
Solvency19.1%below the sector's middle half▼ 14.5pp17.3%below the sector's middle half▼ 1.8pp14.1%below the sector's middle half▼ 3.1pp26.9%within the sector's middle half▲ 12.8pp39.5%within the sector's middle half▲ 12.5pp
Current ratio1.99within the sector's middle half▲ 0.401.53within the sector's middle half▼ 0.471.80within the sector's middle half▲ 0.272.42within the sector's middle half▲ 0.622.15within the sector's middle half▼ 0.27
Return on assets (ROA)-11.6%below the sector's middle half▼ 11.6pp0.8%within the sector's middle half▲ 12.4pp-3.2%below the sector's middle half▼ 4.0pp10.5%above the sector's middle half▲ 13.7pp16.0%above the sector's middle half▲ 5.5pp
Staff (FTE)5.4within the sector's middle half▲ 38.5%6within the sector's middle half▲ 11.1%5.7within the sector's middle half▼ 5.0%5.2within the sector's middle half▼ 8.8%5.4within the sector's middle half▲ 3.8%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 62% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €855,622
Fixed assets
€129,164 ▲ 40.2%
Current assets
€726,458 ▲ 11.4%
Equity and liabilities €855,622
Equity
€337,552 ▲ 68.4%
Debt
€518,070 ▼ 4.7%
Debt's share of the balance-sheet total falls from 73.1% to 60.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€242,006▲
2024 · €162,877
Cash flow
€179,472▲
2024 · €117,869
Quick ratio
1.45▲
2024 · 1.35
Debt to equity
1.53▼
2024 · 2.71
ROE
40.6%▲
2024 · 39.1%
Interest coverage
4.66▲
2024 · 3.55
Debt ≤ 1 year
€337,116▲
2024 · €269,180
Debt > 1 year
€180,953▼
2024 · €274,641
Income taxes
€14,080▲
2024 · €148
Staff costs
€297,690▲
2024 · €264,434
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 31,371 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €184,970 | €211,028 | €206,195 | €264,434 | €297,690 | ▲ 12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71,925 | €62,821 | €57,840 | €39,552 | €42,328 | ▲ 7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €25,000 | - |
| Other operating charges640/8 | €6,341 | €1,210 | €464 | €2,628 | €2,285 | ▼ 13.1% |
| Non-recurring operating charges66A | - | - | €1,238 | €0 | - | - |
| Gross operating margin9900 | €203,928 | €308,935 | €265,308 | €429,940 | €566,980 | ▲ 31.9% |
| Operating profit (loss)9901 | -€59,308 | €33,876 | -€429 | €123,325 | €199,678 | ▲ 61.9% |
| Financial income75/76B | €3,407 | €2,261 | €2,390 | €970 | €3,491 | ▲ 260% |
| Recurring financial income75 | €3,407 | €2,261 | €2,390 | €970 | €3,491 | ▲ 260% |
| Financial charges65/66B | €30,553 | €28,662 | €29,772 | €45,831 | €51,945 | ▲ 13.3% |
| Recurring financial charges65 | €30,553 | €28,662 | €29,772 | €45,831 | €51,945 | ▲ 13.3% |
| Profit (loss) for the period before taxes9903 | -€86,454 | €7,476 | -€27,810 | €78,464 | €151,224 | ▲ 92.7% |
| Income taxes67/77 | €7 | €283 | €0 | €148 | €14,080 | ▲ 9,444% |
| Profit (loss) for the period9904 | -€86,461 | €7,193 | -€27,810 | €78,317 | €137,144 | ▲ 75.1% |
| Profit (loss) for the period to be appropriated9905 | -€86,461 | €7,193 | -€27,810 | €78,317 | €137,144 | ▲ 75.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €747,471 | €868,548 | €864,631 | €744,229 | €855,622 | ▲ 15.0% |
| Fixed assets21/28 | €194,166 | €149,323 | €107,384 | €92,131 | €129,164 | ▲ 40.2% |
| Intangible fixed assets21 | €68,449 | €34,360 | €6,533 | €8,802 | €63,233 | ▲ 618% |
| Tangible fixed assets22/27 | €115,718 | €104,963 | €90,851 | €68,629 | €51,231 | ▼ 25.4% |
| Plant, machinery and equipment23 | €43,571 | €31,520 | €32,815 | €22,656 | €13,581 | ▼ 40.1% |
| Furniture and vehicles24 | €25,934 | €24,851 | €46,677 | €45,224 | €37,466 | ▼ 17.2% |
| Leasing and similar rights25 | €23,006 | €16,526 | €10,046 | €0 | - | - |
| Other tangible fixed assets26 | €2,443 | €1,878 | €1,314 | €749 | €184 | ▼ 75.4% |
| Assets under construction and advance payments27 | €20,763 | €30,188 | €0 | - | - | - |
| Financial fixed assets28 | €10,000 | €10,000 | €10,000 | €14,700 | €14,700 | = |
| Current assets29/58 | €553,304 | €719,225 | €757,247 | €652,098 | €726,458 | ▲ 11.4% |
| Stocks and contracts in progress3 | €299,165 | €307,845 | €295,789 | €289,054 | €236,828 | ▼ 18.1% |
| Stocks30/36 | €299,165 | €307,845 | €295,789 | €289,054 | €236,828 | ▼ 18.1% |
| Amounts receivable within one year40/41 | €149,735 | €291,014 | €292,932 | €290,695 | €410,812 | ▲ 41.3% |
| Trade receivables40 | €133,409 | €270,980 | €280,844 | €267,285 | €408,925 | ▲ 53.0% |
| Other amounts receivable41 | €16,327 | €20,034 | €12,088 | €23,410 | €1,888 | ▼ 91.9% |
| Cash at bank and in hand54/58 | €90,982 | €107,170 | €155,844 | €55,703 | €66,127 | ▲ 18.7% |
| Deferred charges and accrued income490/1 | €13,423 | €13,196 | €12,682 | €16,647 | €12,690 | ▼ 23.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €747,471 | €868,548 | €864,631 | €744,229 | €855,622 | ▲ 15.0% |
| Equity10/15 | €142,708 | €149,901 | €122,091 | €200,408 | €337,552 | ▲ 68.4% |
| Contributions10/11 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Capital10 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Issued capital100 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Reserves13 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Non-distributable reserves130/1 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Legal reserve130 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€77,292 | -€70,099 | -€97,909 | -€19,592 | €117,552 | ▲ 700% |
| Amounts payable17/49 | €604,763 | €718,647 | €742,540 | €543,821 | €518,070 | ▼ 4.7% |
| Amounts payable after more than one year17 | €326,955 | €247,475 | €321,666 | €274,641 | €180,953 | ▼ 34.1% |
| Financial debts170/4 | €326,955 | €247,475 | €321,666 | €274,641 | €180,953 | ▼ 34.1% |
| Amounts payable within one year42/48 | €277,808 | €471,172 | €420,874 | €269,180 | €337,116 | ▲ 25.2% |
| Current portion of amounts payable after more than one year42 | €113,595 | €143,586 | €133,096 | €120,084 | €111,031 | ▼ 7.5% |
| Financial debts43 | - | - | €25,000 | €0 | - | - |
| Credit institutions430/8 | - | - | €25,000 | €0 | - | - |
| Trade debts44 | €112,668 | €268,936 | €210,226 | €117,660 | €162,510 | ▲ 38.1% |
| Suppliers440/4 | €112,668 | €268,936 | €210,226 | €117,660 | €162,510 | ▲ 38.1% |
| Advances received on contracts in progress46 | - | €3,253 | €0 | €3,725 | €1,640 | ▼ 56.0% |
| Taxes, remuneration and social security45 | €25,951 | €29,803 | €52,553 | €27,711 | €61,934 | ▲ 123% |
| Taxes450/3 | €169 | €1,320 | €24,543 | €0 | €28,957 | - |
| Remuneration and social security454/9 | €25,782 | €28,483 | €28,010 | €27,711 | €32,978 | ▲ 19.0% |
| Other amounts payable47/48 | €25,593 | €25,593 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€86,461 | €7,193 | -€27,810 | €78,317 | €137,144 | ▲ 75.1% |
| + Depreciation and write-downs630 | €71,925 | €62,821 | €57,840 | €39,552 | €42,328 | ▲ 7.0% |
| Operating cash flow (approximation) | -€14,537 | €70,013 | €30,030 | €117,869 | €179,472 | ▲ 52.3% |
| Investment in fixed assets (approximation) | - | -€17,977 | -€15,901 | -€24,299 | -€79,361 | ▼ 227% |
| Change in cash | - | €16,188 | €48,674 | -€100,141 | €10,424 | ▲ 110% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 29 days late
02-07
State Gazette act
Resignation: SRL RENAUD SERVAIS (non-statutory director)Permanent representatives: Renaud Servais and Gérald Thomas · Appointment: SRL S2GT (non-statutory director)5 facts ▸
State Gazette act
Resignation: SRL RENAUD SERVAIS (non-statutory director)
Permanent representatives: Renaud Servais and Gérald Thomas · Appointment: SRL S2GT (non-statutory director)5 facts ▸
- General meeting, 09-05-2026
- Director resignation, SRL RENAUD SERVAIS (non-statutory director)
- Permanent representative, Renaud Servais (representative)
- Director appointment, SRL S2GT (non-statutory director)
- Permanent representative, Gérald Thomas (representative)
2025
31-12
Financial
Highest result since 2018net €137,144 ▲75.1%
Operating result €199,678, net result €137,144, both a record.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 6 days late
2024
31-12
Financial
Back to profitnet €78,317
Net result €78,317 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €200,408 ▲64.1%
Equity rises from €122,091 to €200,408.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
31-12
Financial
Back to profitnet €7,193
Net result €7,193 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€86,461
Net result drops to -€86,461, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
14-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
Board 2
SRL S2GT
CurrentNon-statutory director · since 09-05-2026 · Legal entity · perm. rep.: Gérald Thomas
SRL S2GT
CurrentNon-statutory director · since 02-07-2026 · Legal entity · from a recent act
Permanent representatives 1
Gérald Thomas
CurrentPermanent representative · since 09-05-2026 · for SRL S2GT
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Seraing · 1 establishment unit since 2006
Ground area
3,258 m²
Building footprint
564 m²
Volume, LiDAR
3,071 m³
Parcel 62096A0229/00Z000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
COLASSE
since 20062.151.219.181
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62096A0229/00Z000 | Wallonia | 3,258 m² | 1 · 564 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| SRL S2GT |
|
| SRL S2GTfrom an act |
|
| SRL RENAUD SERVAIS |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
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Recognitions · licences · registrations
Recognised contractor
7 categoriesCOLASSE SA#10223
COLASSE SA45182
Food safety, FASFC
1 siteSeraing2.151.219.181
Legal Entity Identifier
549300TZWZUDILHE5C23
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Identification & contact
Identification
Legal formPublic limited company
Founded28-12-2005
Fiscal year end31-12
Activities, NACEBEL 2025
46474Wholesale trade
71121Engineering and related technical consultancy, excluding land surveyors
Contact
Website
www.colasse.be
E-mail
info@colasse.be
Phone
04 225.25.89
Fax
04 365.13.76
Phone
+32 4 225 25 89Seraing
Fax
+32 4 365 13 76Seraing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0878226815
Also
9925:BE0878226815
Registered
04-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.