COLIFT
ActiveSummary
The computed 12-month bankruptcy probability of COLIFT is 2.5% (moderate). The 2024 annual accounts show equity of €36k and a net result of €107k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 36375 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability99▲+4
Solvency33▼-23
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.04 against 1.36 in 2023; short-term debt: 91.4% and cash: 4.1% of total assets), and 91.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
8.3%
Return on assets
24.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
85 d late
2022
32 d late
2021
117 d late
2020
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€36k▼ 75.7%
2023 · €149k
2020: €40k
2021: €184k▲ +356% vs 2020
2022: €289k▲ +56.6% vs 2021highest in 5 years
2023: €149k▼ -48.4% vs 2022
2024: €36k▼ -75.7% vs 2023lowest in 5 years
2020 → 2024
Total assets
€437k▼ 9.2%
2023 · €482k
2020: €87klowest in 5 years
2021: €244k▲ +179% vs 2020
2022: €415k▲ +70.4% vs 2021
2023: €482k▲ +16.1% vs 2022highest in 5 years
2024: €437k▼ -9.2% vs 2023
2020 → 2024
Net result
€107k▲ 7.1%
2023 · €100k
2020: €38klowest in 5 years
2021: €144k▲ +274% vs 2020highest in 5 years
2022: €104k▼ -27.5% vs 2021
2023: €100k▼ -4.1% vs 2022
2024: €107k▲ +7.1% vs 2023
2020 → 2024
Working capital
€17k▼ 85.7%
2023 · €119k
2020: €23k
2021: €167k▲ +618% vs 2020
2022: €269k▲ +61.1% vs 2021highest in 5 years
2023: €119k▼ -55.8% vs 2022
2024: €17k▼ -85.7% vs 2023lowest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€40k-€184k▲ 356%€289k▲ 56.6%€149k▼ 48.4%€36k▼ 75.7%
2020: €40k
2021: €184k▲ +356% vs 2020
2022: €289k▲ +56.6% vs 2021highest in 5 years
2023: €149k▼ -48.4% vs 2022
2024: €36k▼ -75.7% vs 2023lowest in 5 years
Operating result€49k-€186k▲ 284%€132k▼ 29.4%€124k▼ 5.9%€193k▲ 56.1%
2020: €49klowest in 5 years
2021: €186k▲ +284% vs 2020
2022: €132k▼ -29.4% vs 2021
2023: €124k▼ -5.9% vs 2022
2024: €193k▲ +56.1% vs 2023highest in 5 years
Net result€38k-€144k▲ 274%€104k▼ 27.5%€100k▼ 4.1%€107k▲ 7.1%
2020: €38klowest in 5 years
2021: €144k▲ +274% vs 2020highest in 5 years
2022: €104k▼ -27.5% vs 2021
2023: €100k▼ -4.1% vs 2022
2024: €107k▲ +7.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 56% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €437k
Fixed assets
€21k ▼ 39.0%
Current assets
€417k ▼ 7.0%
Equity and liabilities €437k
Equity
€36k ▼ 75.7%
Debt
€401k ▲ 20.5%
Debt's share of the balance-sheet total rises from 69.1% to 91.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€208k▲
2023 · €138k
Cash flow
€121k▲
2023 · €114k
Current ratio
1.04▼
2023 · 1.36
Debt to equity
11.10▲
2023 · 2.24
ROE
296.6%▲
2023 · 67.2%
ROA
24.5%▲
2023 · 20.8%
Interest coverage
57.04▼
2023 · 66.64
Debt ≤ 1 year
€400k▲
2023 · €329k
Debt > 1 year
€2k▼
2023 · €4k
Income taxes
€83k▲
2023 · €28k
Staff costs
€65k▼
2023 · €76k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€482k€437k▼
Fixed assets21/28€34k€21k▼
Tangible fixed assets22/27€34k€20k▼
Furniture and vehicles24€30k€17k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€675€675=
Current assets29/58€448k€417k▼
Amounts receivable after more than one year29€204k-
Trade receivables290€204k-
Amounts receivable within one year40/41€196k€396k▲
Trade receivables40€173k€387k▲
Other amounts receivable41€22k€9k▼
Cash at bank and in hand54/58€34k€18k▼
Deferred charges and accrued income490/1€14k€3k▼
Equity and liabilities
Total equity and liabilities10/49€482k€437k▼
Equity10/15€149k€36k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€147k€34k▼
Amounts payable17/49€333k€401k▲
Amounts payable after more than one year17€4k€2k▼
Financial debts170/4€4k€2k▼
Amounts payable within one year42/48€329k€400k▲
Current portion of amounts payable after more than one year42€2k€3k▲
Trade debts44€26k€111k▲
Suppliers440/4€26k€111k▲
Taxes, remuneration and social security45€63k€28k▼
Taxes450/3€52k€21k▼
Remuneration and social security454/9€10k€7k▼
Other amounts payable47/48€238k€258k▲
Income statement
Code20232024
Remuneration, social security and pensions62€76k€65k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▼
Other operating charges640/8€566€2k▲
Gross operating margin9900€214k€274k▲
Operating profit (loss)9901€124k€193k▲
Financial income75/76B€6k-
Recurring financial income75€6k-
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€128k€190k▲
Income taxes67/77€28k€83k▲
Profit (loss) for the period9904€100k€107k▲
Profit (loss) for the period to be appropriated9905€100k€107k▲
Appropriation of the result
Profit (loss) to be appropriated9906€387k€294k▼
Profit (loss) brought forward from the previous period14P€287k€187k▼
Profit to be distributed694/7€240k€260k▲
Return on contributions (dividend)694€240k€260k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €370 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €28k | €42k | €76k | €65k | ▼ 14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €7k | €11k | €14k | €14k | ▼ 1.1% |
| Other operating charges640/8 | - | €3k | €714 | €566 | €2k | ▲ 178% |
| Gross operating margin9900 | €69k | €225k | €186k | €214k | €274k | ▲ 27.7% |
| Operating profit (loss)9901 | €49k | €186k | €132k | €124k | €193k | ▲ 56.1% |
| Financial income75/76B | - | - | €6k | €6k | - | - |
| Recurring financial income75 | - | - | €6k | €6k | - | - |
| Financial charges65/66B | - | €900 | €3k | €2k | €4k | ▲ 75.4% |
| Recurring financial charges65 | €75 | €900 | €3k | €2k | €4k | ▲ 75.4% |
| Profit (loss) for the period before taxes9903 | €48k | €186k | €135k | €128k | €190k | ▲ 47.9% |
| Income taxes67/77 | €10k | €42k | €31k | €28k | €83k | ▲ 193% |
| Profit (loss) for the period9904 | €38k | €144k | €104k | €100k | €107k | ▲ 7.1% |
| Profit (loss) for the period to be appropriated9905 | €38k | €144k | €104k | €100k | €107k | ▲ 7.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87k | €244k | €415k | €482k | €437k | ▼ 9.2% |
| Fixed assets21/28 | €17k | €29k | €26k | €34k | €21k | ▼ 39.0% |
| Tangible fixed assets22/27 | €17k | €28k | €26k | €34k | €20k | ▼ 39.8% |
| Furniture and vehicles24 | - | €28k | €26k | €30k | €17k | ▼ 42.2% |
| Other tangible fixed assets26 | - | - | - | €4k | €3k | ▼ 20.6% |
| Financial fixed assets28 | €675 | €675 | €675 | €675 | €675 | = |
| Current assets29/58 | €70k | €215k | €389k | €448k | €417k | ▼ 7.0% |
| Amounts receivable after more than one year29 | - | - | €204k | €204k | - | - |
| Trade receivables290 | - | - | €204k | €204k | - | - |
| Amounts receivable within one year40/41 | €67k | €85k | €122k | €196k | €396k | ▲ 102% |
| Trade receivables40 | - | €82k | €113k | €173k | €387k | ▲ 123% |
| Other amounts receivable41 | - | €2k | €9k | €22k | €9k | ▼ 59.5% |
| Cash at bank and in hand54/58 | €3k | €126k | €54k | €34k | €18k | ▼ 46.6% |
| Deferred charges and accrued income490/1 | - | €4k | €8k | €14k | €3k | ▼ 81.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87k | €244k | €415k | €482k | €437k | ▼ 9.2% |
| Equity10/15 | €40k | €184k | €289k | €149k | €36k | ▼ 75.7% |
| Contributions10/11 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €38k | €182k | €287k | €147k | €34k | ▼ 76.8% |
| Amounts payable17/49 | €47k | €59k | €126k | €333k | €401k | ▲ 20.5% |
| Amounts payable after more than one year17 | - | €9k | €6k | €4k | €2k | ▼ 59.8% |
| Financial debts170/4 | - | €9k | €6k | €4k | €2k | ▼ 59.8% |
| Amounts payable within one year42/48 | €47k | €48k | €120k | €329k | €400k | ▲ 21.5% |
| Current portion of amounts payable after more than one year42 | - | €2k | €2k | €2k | €3k | ▲ 8.7% |
| Trade debts44 | €5k | - | €32k | €26k | €111k | ▲ 329% |
| Suppliers440/4 | - | - | €32k | €26k | €111k | ▲ 329% |
| Taxes, remuneration and social security45 | - | €42k | €84k | €63k | €28k | ▼ 55.6% |
| Taxes450/3 | - | €42k | €75k | €52k | €21k | ▼ 60.5% |
| Remuneration and social security454/9 | - | €202 | €9k | €10k | €7k | ▼ 30.5% |
| Other amounts payable47/48 | - | €3k | €1k | €238k | €258k | ▲ 8.4% |
| Accrued charges and deferred income492/3 | - | €3k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €144k | €104k | €100k | €107k | ▲ 7.1% |
| + Depreciation and write-downs630 | €3k | €7k | €11k | €14k | €14k | ▼ 1.1% |
| Operating cash flow (approximation) | €41k | €151k | €116k | €114k | €121k | ▲ 6.1% |
| Investment in fixed assets (approximation) | - | €-19k | €-9k | €-22k | €-799 | ▲ 96.4% |
| Change in cash | - | €123k | €-71k | €-21k | €-16k | ▲ 23.2% |
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 85 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Equity above €200kEq €289k ▲56.6%
3 profitable years in a row build equity to €289k.
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 117 days late
2021
31-12
Financial
Highest result since 2020net €144k ▲274%
Net result €144k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 4.50
Current ratio from 1.49 to 4.50.
31-12
Financial
Equity above €150kEq €184k ▲356%
2 profitable years in a row build equity to €184k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Morlanwelz · 1 establishment unit since 2020
Ground area
611 m²
Building footprint
162 m²
Volume, LiDAR
1,166 m³
2 parcels, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
COLIFT
since 20202.298.555.451
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56057A0122/00L022 | Wallonia | 458 m² | 1 · 92 m² | 8.5 m · 2 fl. |
| 56015C0001/00H000 | Wallonia | 153 m² | 1 · 70 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ELECTRIFUSION
BE 1021.583.907
Vilvoorde · Eq €36,145
Be-Elec.be
BE 1002.533.305
Elsene · Eq €36,100
HIKO SECURITE
BE 0777.819.343
Olne · Eq €36,084
HAUTMAN
BE 0707.685.670
Meise · Eq €36,200
CertiXperts
BE 0805.676.753
Antwerpen · Eq €36,202
Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,217 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
Founded08-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43240Other construction installation
33140Repair and maintenance of electrical equipment
43212Electrical installation work in industrial facilities
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.