COLFIMA
ActiveSummary
COLFIMA has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €925,126 and a net result of €6,103. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 80% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 3.22 against 15.93 in 2024; short-term debt: 12.4% and cash: 13.2% of total assets), and 16.7% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
83.3%
Return on assets
0.5%
Age of the figures
9 mo
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 08-07-2026, 23 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
23 d early
2024
36 d early
2023
36 d early
2022
35 d early
2021
41 d early
2020
40 d early
2019
25 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 34 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€925,126▼ 12.0%
2024 · €1.1m
Total assets
€1.1m▼ 2.3%
2024 · €1.1m
Net result
€6,103▼ 80.4%
2024 · €31,084
Working capital
€304,759▼ 49.6%
2024 · €604,543
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€113,071▼ 90.8%€223,387▲ 97.6%-€40,638€39,759€7,372▼ 81.5%
Net result€123,520▼ 86.6%€165,063▲ 33.6%-€26,973€31,084€6,103▼ 80.4%
Equity€1.0m▼ 39.2%€1.2m▲ 16.3%€1.0m▼ 12.6%€1.1m▲ 3.0%€925,126▼ 12.0%
Total assets€1.0m▼ 46.5%€1.2m▲ 18.5%€1.1m▼ 12.6%€1.1m▲ 4.7%€1.1m▼ 2.3%
Debt€45,007▼ 85.3%€21,674▼ 51.8%€21,852▲ 0.8%€41,732▲ 91.0%€141,422▲ 239%
Working capital€409,853▼ 59.3%€934,306▲ 128%€728,542▼ 22.0%€604,543▼ 17.0%€304,759▼ 49.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 81% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€667,897 ▲ 36.1%
Current assets
€442,122 ▼ 31.5%
Equity and liabilities €1.1m
Equity
€925,126 ▼ 12.0%
Provisions
€43,471 =
Debt
€141,422 ▲ 239%
Debt's share of the balance-sheet total rises from 3.7% to 12.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€30,389▼
2024 · €63,587
Cash flow
€29,120▼
2024 · €54,911
Current ratio
3.22▼
2024 · 15.93
Debt to equity
0.15▲
2024 · 0.04
ROE
0.7%▼
2024 · 3.0%
ROA
0.5%▼
2024 · 2.7%
Interest coverage
7.36▼
2024 · 43.89
Debt ≤ 1 year
€137,363▲
2024 · €40,489
Income taxes
€5,533▼
2024 · €18,481
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,040 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.3%
went bankrupt
3.6%
stopped otherwise
96%
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 0.1% 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 497,058 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% | 1.6% |
| 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 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 6,040 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 | €42,461 | €213,886 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,360 | €20,353 | €23,408 | €23,827 | €23,017 | ▼ 3.4% |
| Other operating charges640/8 | €3,871 | €5,934 | €5,092 | €3,055 | €2,759 | ▼ 9.7% |
| Gross operating margin9900 | €159,302 | €249,674 | -€12,138 | €66,642 | €33,148 | ▼ 50.3% |
| Operating profit (loss)9901 | €113,071 | €223,387 | -€40,638 | €39,759 | €7,372 | ▼ 81.5% |
| Financial income75/76B | €50,172 | €1,791 | €9,627 | €11,255 | €8,396 | ▼ 25.4% |
| Recurring financial income75 | €50,172 | €1,791 | €9,627 | €11,255 | €8,396 | ▼ 25.4% |
| Financial charges65/66B | €2,693 | €1,752 | €1,181 | €1,449 | €4,132 | ▲ 185% |
| Recurring financial charges65 | €2,693 | €1,752 | €1,181 | €1,449 | €4,132 | ▲ 185% |
| Profit (loss) for the period before taxes9903 | €160,550 | €223,427 | -€32,193 | €49,566 | €11,636 | ▼ 76.5% |
| Transfer from deferred taxes780 | - | - | €10,000 | - | - | - |
| Transfer to deferred taxes680 | - | €53,471 | - | - | - | - |
| Income taxes67/77 | €37,030 | €4,892 | €4,781 | €18,481 | €5,533 | ▼ 70.1% |
| Profit (loss) for the period9904 | €123,520 | €165,063 | -€26,973 | €31,084 | €6,103 | ▼ 80.4% |
| Transfer from tax-exempt reserves789 | - | - | €30,000 | - | - | - |
| Transfer to tax-exempt reserves689 | - | €160,414 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €123,520 | €4,649 | €3,027 | €31,084 | €6,103 | ▼ 80.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 2.3% |
| Fixed assets21/28 | €594,229 | €286,375 | €335,498 | €490,914 | €667,897 | ▲ 36.1% |
| Tangible fixed assets22/27 | €594,229 | €286,375 | €285,498 | €261,670 | €238,653 | ▼ 8.8% |
| Furniture and vehicles24 | €2,892 | €3,600 | €18,875 | €10,421 | €2,380 | ▼ 77.2% |
| Other tangible fixed assets26 | €591,337 | €282,775 | €266,623 | €251,249 | €236,273 | ▼ 6.0% |
| Financial fixed assets28 | - | - | €50,000 | €229,244 | €429,244 | ▲ 87.2% |
| Current assets29/58 | €453,947 | €955,402 | €749,485 | €645,032 | €442,122 | ▼ 31.5% |
| Amounts receivable within one year40/41 | €33,461 | €540,059 | €74,003 | €46,953 | €24,238 | ▼ 48.4% |
| Trade receivables40 | €18,961 | €6,961 | €15,200 | €13,752 | €17,148 | ▲ 24.7% |
| Other amounts receivable41 | €14,500 | €533,098 | €58,803 | €33,201 | €7,090 | ▼ 78.6% |
| Current investments50/53 | €116,181 | €221,045 | €521,045 | €421,045 | €271,045 | ▼ 35.6% |
| Cash at bank and in hand54/58 | €304,305 | €194,298 | €152,877 | €175,954 | €146,590 | ▼ 16.7% |
| Deferred charges and accrued income490/1 | - | - | €1,560 | €1,080 | €248 | ▼ 77.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 2.3% |
| Equity10/15 | €1.0m | €1.2m | €1.0m | €1.1m | €925,126 | ▼ 12.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €968,860 | €1.1m | €985,348 | €1.0m | €892,534 | ▼ 12.2% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €17,000 | €177,414 | €147,414 | €147,414 | €147,414 | = |
| Distributable reserves133 | €950,000 | €953,048 | €836,074 | €867,158 | €743,260 | ▼ 14.3% |
| Profit (loss) carried forward14 | €15,709 | €15,710 | €15,711 | €15,711 | €13,992 | ▼ 10.9% |
| Provisions and deferred taxes16 | - | €53,471 | €43,471 | €43,471 | €43,471 | = |
| Deferred taxes168 | - | €53,471 | €43,471 | €43,471 | €43,471 | = |
| Amounts payable17/49 | €45,007 | €21,674 | €21,852 | €41,732 | €141,422 | ▲ 239% |
| Amounts payable within one year42/48 | €44,094 | €21,095 | €20,942 | €40,489 | €137,363 | ▲ 239% |
| Current portion of amounts payable after more than one year42 | €8,477 | - | - | - | - | - |
| Trade debts44 | €11,912 | €3,040 | €3,775 | €3,698 | €4,321 | ▲ 16.8% |
| Suppliers440/4 | €11,912 | €3,040 | €3,775 | €3,698 | €4,321 | ▲ 16.8% |
| Taxes, remuneration and social security45 | €8,358 | €1,281 | €423 | €22,540 | €34,726 | ▲ 54.1% |
| Taxes450/3 | €8,358 | €1,281 | €423 | €22,540 | €34,726 | ▲ 54.1% |
| Other amounts payable47/48 | €15,346 | €16,774 | €16,744 | €14,251 | €98,316 | ▲ 590% |
| Accrued charges and deferred income492/3 | €913 | €578 | €910 | €1,243 | €4,059 | ▲ 227% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €123,520 | €165,063 | -€26,973 | €31,084 | €6,103 | ▼ 80.4% |
| + Depreciation and write-downs630 | €42,360 | €20,353 | €23,408 | €23,827 | €23,017 | ▼ 3.4% |
| Operating cash flow (approximation) | €165,880 | €185,416 | -€3,565 | €54,911 | €29,120 | ▼ 47.0% |
| Investment in fixed assets (approximation) | - | €287,500 | -€72,530 | -€179,244 | -€200,000 | ▼ 11.6% |
| Change in cash | - | -€110,007 | -€41,421 | €23,077 | -€29,363 | ▼ 227% |
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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
12-02
State Gazette act
General meeting · Statutes amendment
Director resignation · Director discharge
2024
31-12
Financial
Back to profitnet €31,084
Net result €31,084 after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€26,973
Net result drops to -€26,973, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
06-03
State Gazette act
General meeting · Statutes amendment
Capital · Corporate purpose · Carl MAERE
2022
31-12
Financial
Liquidity quadruplescurrent ratio 45.29
Current ratio from 10.30 to 45.29; short-term debt falls from €44,094 to €21,095.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 10.30
Current ratio from 4.39 to 10.30; short-term debt falls from €297,149 to €44,094.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
31-12
Financial
Highest result since 2018net €925,023 ▲198%
Operating result €1.2m, net result €925,023, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.39
Current ratio from 2.08 to 4.39.
31-12
Financial
Equity above €1mEq €1.7m ▲116%
3 profitable years in a row build equity to €1.7m.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500,000Eq €763,827 ▲68.4%
2 profitable years in a row build equity to €763,827.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
10-11
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
10-11
State Gazette act
General meeting · Director appointment
Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brugge · 1 establishment unit since 2016
Ground area
550 m²
Building footprint
147 m²
Volume, LiDAR
1,648 m³
Parcel 31802B1048/00M000, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
COLFIMA
since 20162.255.797.158
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31802B1048/00M000 | Flanders | 550 m² | 1 · 147 m² | 15.6 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
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Shareholding
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Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
Recognitions · licences · registrations
Legal Entity Identifier
875500XP3O9F3X9KSR69
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 28,695 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 (pre-2019)
Founded07-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0658808360
Registered
21-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.