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COLIFT

Active Private limited companyfounded 2020active for 6 yearsRue de la Rosière 2, 7141 MorlanwelzKBO/BCE: BE 0740.939.448
COLIFT
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Overview

Lifetime

5 annual accounts with figures on one time axis
peak €273,848 (2024)
€273,848▲ 27.7%
peak €143,959 (2021)
€107,193▲ 7.1%
peak €288,829 (2022)
€36,141▼ 75.7%
€401,236▲ 20.5%
Board1 name since 2020
1 directorMOHAMAD Akram
Documentsfilings and deeds
31-10-202592 days late
2024micro format
Gross margin from €214,447 to €273,848Dividend €260,000Equity from €148,947 to €36,141Debts from €332,968 to €401,236Cash from €33,914 to €18,124

Key points

from the 2024 annual accounts

Equity

€36,141 from €288,829 in 2022

Equity fell by 87% in 2 years.

Turnover

≈ €600,000 estimated

The micro format states no turnover.

Debts

€401,236 92% of the balance sheet
Financial debts 0%Suppliers 28%Taxes and wages 7%Other 65%

Of this, €399,555 falls due within a year.

Filings

5 annual accounts 103 days past the deadline
AprilJune31 JulyOctober202020222024

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

8.3%

Lower solvency than 86% of companies in specialised construction. Sector median 46.6% · 35,957 companies.

Checked score

37
Weak
Financially stronger than 27% of micro companies in specialised construction (NACE 43)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.2% 01-2025: 2.2%● unchanged vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025lowest value 05-2025: 2.3%▲ +0.1 percentage points vs 04-2025 06-2025: 2.4%▲ +0.1 percentage points vs 05-2025 07-2025: 2.3%▼ -0.1 percentage points vs 06-2025 08-2025: 2.8%▲ +0.5 percentage points vs 07-2025 09-2025: 2.9%▲ +0.1 percentage points vs 08-2025 10-2025: 4.0%▲ +1.1 percentage points vs 09-2025 11-2025: 2.9%▼ -1.1 percentage points vs 10-2025 12-2025: 3.0%▲ +0.1 percentage points vs 11-2025 01-2026: 3.0%● unchanged vs 12-2025 02-2026: 3.0%● unchanged vs 01-2026 03-2026: 3.0%● unchanged vs 02-2026 04-2026: 2.7%▼ -0.3 percentage points vs 03-2026 05-2026: 2.9%▲ +0.2 percentage points vs 04-2026 06-2026: 2.8%▼ -0.1 percentage points vs 05-2026 07-2026: 2.7%▼ -0.1 percentage points vs 06-2026 08-2026: 3.1%▲ +0.4 percentage points vs 07-2026 09-2026: 3.2%▲ +0.1 percentage points vs 08-2026 10-2026: 4.6%▲ +1.4 percentage points vs 09-2026 11-2026: 4.6%● unchanged vs 10-2026highest value

Financial strength
Weak

33-23equity 8.3% of total assets
5-17short-term debt 91.4% · cash 4.1%
99+4return on assets 24.5%

Score breakdown

raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 92 days late; 3 of the last 3 accounts late
Figures for financial year 2024 (filed on 31-10-2025)
Founded in 2020
lowers risk
Size: total assets €437,377
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 13% of them on solvency, 4% on liquidity, 85% on profitability and 6% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 2,153 companies had the same profile as COLIFT has now. Each dot stands for 6 companies, two years later.

96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of COLIFT itself is higher: 4.6% within 12 months. It rests on far more data about COLIFT than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,153 companies, not a prediction for COLIFT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity is tight, with a current ratio of 1.04 (1.36 in 2023), below the usual 1.5. Short-term debt is 91.4% and cash 4.1% of total assets. 91.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 92 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 31-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €437,377
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 35957 sector peers (2024).
NBB · sector comparison
Position among 35957 sector peers
Solvency
better than 13%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
raises risk · 2024 accounts filed 92 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
92 days late
2023
85 days late
2022
32 days late
2021
117 days late
2020
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 77 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MA
MOHAMAD Akram
Director
  • MOHAMAD Akram 100 sharesdeed of 10-01-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0740939448
Incorporation Founding capital of €2,000, 100 shares · Founder: MOHAMAD Akram · Appointment: MOHAMAD Akram (director) · published on 10-01-2020 · Gazette deed
First establishment Drève du Château 10, Morlanwelz
All 12 events

Comparable companies

same main activity, similar in size and age
Company
COLIFT Morlanwelz €437,377 €273,848 8.3% -
DBG Réfrigération Châtelet €536,494 €266,782 44.5% -
MKR Projects Meerhout €429,948 €238,779 72.6% -
K.N.I. ELEKTRO Heusden-Zolder €445,030 €243,925 47.8% -
POOT Dendermonde €456,456 €290,006 68.2% -
AnB-Systems Heusden-Zolder €478,000 €259,540 95.1% -
KAPPATECH Grimbergen €480,369 €231,929 72.6% -

These companies have the same main activity as COLIFT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €430,000 and €536,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 08-01-2020Normal situation
Activity
General electrical installation workNACE 43211and 5 others
Establishment unit
2.298.555.4517140 Morlanwelz, since 08-01-2020
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2024

€273,848▲ 27.7%
€107,193▲ 7.1%
€36,141▼ 75.7%
€437,377▼ 9.2%
1.5 FTE▼ 16.7%
Filing
Filed on 31-10-2025
Financials

Insights on COLIFT

COLIFT files the micro format. That format states no turnover. The gross margin rose from €68,654 in 2020 to €273,848 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2024

micro format, filed on 31-10-2025, 92 days late

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 11 November 2026.

€273,848
▲ 27.7%
€193,458
▲ 56.1%
€107,193
▲ 7.1%
€16,963
▼ 85.7%
8.3%
▼ 22.6 percentage points
1.04
▼ 0.32

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €600,000. Estimated: probably between €520,000 and €750,000.

Balance sheet

balance sheet total €437,377 on 31-12-2024
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

8.3%

Higher than 13% of 35,957 companies in 2024.

1.04

Higher than 22% of 35,355 companies in 2024.

24.5%

Higher than 83% of 35,539 companies in 2024.

COLIFT Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half

Staff

€43,135

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20242023202220212020
Balance sheet: assets
20/58 437,377481,915414,954243,58787,457
21/28 20,85934,17726,41428,96217,188
22/27 20,18433,50225,73928,28716,513
24 17,19429,73825,73928,28716,513
26 2,9903,764---
28 675675675675675
29/58 416,518447,738388,540214,62570,269
29 -204,000204,000--
290 -204,000204,000--
40/41 395,812195,548121,71384,62066,590
40 386,790173,250112,90782,39665,217
41 9,02222,2988,8062,2241,373
54/58 18,12433,91454,481125,9052,652
490/1 2,58214,2768,3454,0991,027
Balance sheet: equity and liabilities
10/49 437,377481,915414,954243,58787,457
10/15 36,141148,947288,829184,40840,449
10/11 2,0002,0002,0002,0002,000
14 34,141146,947286,829182,40838,449
17/49 401,236332,968126,12559,17947,008
17 1,6814,1816,4828,862-
170/4 1,6814,1816,4828,862-
42/48 399,555328,787119,64347,72547,008
42 2,5002,3012,3802,349-
44 111,41625,98432,269-4,898
440/4 111,41625,98432,269-4,898
45 27,85662,72883,94842,29018,323
450/3 20,72352,45974,58942,08816,193
454/9 7,13310,2699,3592022,130
47/48 257,783237,7741,0473,08523,787
492/3 ---2,593-
Income statement
76A ---370-
9900 273,848214,447185,760224,71068,654
62 64,70275,65042,13828,00816,009
630 14,11714,26711,2337,0702,586
640/8 1,5725667143,2181,535
9901 193,458123,963131,675186,41448,524
75/76B -6,4186,120--
75 -6,4186,120--
65/66B 3,6392,0742,79490075
65 3,6392,0742,79490075
9903 189,819128,307135,001185,51548,449
67/77 82,62628,18830,58041,55510,000
9904 107,193100,119104,421143,95938,449
9905 107,193100,119104,421143,95938,449
Appropriation of the result
9906 294,141386,948286,829182,40838,449
14P 186,948286,829182,40838,449-
694/7 260,000240,000---
694 260,000240,000---
Social balance sheet
9087 1.51.81--
Hours worked1013 3,1503,2622,022--
Document PDFPDFPDFPDFPDF

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 31-10-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2024 micro format 31-10-2025 2025-00556456 PDF
31-12-2023 micro format 24-10-2024 2024-00514833 PDF
31-12-2022 micro format 01-09-2023 2023-00444219 PDF
31-12-2021 micro format 25-11-2022 2022-20525132 PDF
31-12-2020 micro format 30-09-2021 2021-71000164 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20242023202220212020
207,575138,231142,908193,48551,110
121,310114,386115,654151,03041,035
79922,0308,68518,84419,774
-15,791-20,567-71,424123,253-
16,963118,951268,896166,90023,261
8.3%30.9%69.6%75.7%46.3%
1.041.363.254.501.49
11.102.240.440.321.16
296.6%67.2%36.2%78.1%95.1%
24.5%20.8%25.2%59.1%44.0%
57.0466.6451.14over 100-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202431-12-202331-12-2022
Employees at the balance-sheet date-12
full-time-12
in full-time equivalents-22
1.51.81
On a permanent contract--1
Joined-02
Left-11

Source: social balance sheet in the 2022 to 2024 annual accounts

Investments

fixed assets acquired
Item2024202320222021
Tangible fixed assets-€22,030€8,685€18,844
€14,117€14,267€11,233€7,070

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Insights on COLIFT

The operating result for 2024 is 56% higher than in 2023 and the highest since 2020. It is a recovery after the fall in 2023.

Debt's share of the balance-sheet total rises from 69.1% to 91.7%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, since incorporation
MOHAMAD Akram
Director (not named in the articles)
appointed by deed of 10-01-2020 term without a fixed end
listed in the 2023 annual accounts, filed on 24-10-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
MOHAMAD Akram
Director (not named in the articles)
Board
Mandates as a list
  • MOHAMAD Akram
    • Director (not named in the articles), appointed by deed of 10-01-2020, still in office

See the board, name and registered office on a given date →

Control

Founder
MOHAMAD Akram
This company
COLIFT
Equity €36,141
Profit €107,193 in 2024

Capital

Contribution
€2,000
Shares
100
Contribution per share
€20
Equity per share
€361 in 2024
Source
deed of 10-01-2020

Articles of association

deed of 10-01-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Assemblée générale décide si mandat exercé gratuitement ou non, assemblée générale majorité absolue voix ou actionnaire unique détermine…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 14:00

Shareholders

At incorporation deed of 10-01-2020 ↗

Network & group

No group

COLIFT has no parent and no holdings in its annual accounts. MOHAMAD Akram is the only director. COLIFT shares no director with another company.

Timeline

Timeline

12 events since 2020
2025
Annual accounts 2024 filed PDFmicro format · 92 days late
2024
Annual accounts 2023 filed PDFmicro format · 85 days late
2023
Annual accounts 2022 filed PDFmicro format · 32 days late
2022
Equity above €200,000 equity €288,829 ▲56.6% With a profit in every financial year since 2020, equity grows to €288,829.
Annual accounts 2021 filed PDFmicro format · 117 days late
2021
Highest result from 2020 to 2024 net €143,959 ▲274% The net result of €143,959 is the highest of those years.
Liquidity triples current ratio 4.50 The current ratio rises from 1.49 to 4.50.
Equity above €150,000 equity €184,408 ▲356% With a profit in every financial year since 2020, equity grows to €184,408.
Annual accounts 2020 filed PDFmicro format · 61 days late
2020
Registered in the Peppol Directory Reachable for e-invoices through 0208:0740939448
IncorporationFounding capital of €2,000, 100 shares · Founder: MOHAMAD Akram · Appointment: MOHAMAD Akram (director) · published on 10-01-20204 points ▸
  • Founder, MOHAMAD Akram
  • Founding capital, €2,000, 100 shares
  • Registered office clause, Rue de la Rosière 2, 7141 Morlanwelz (Carnières)
  • Director appointment, MOHAMAD Akram (director (not named in the articles))
  • The deed holds 10 more points.

Open the deed in the Belgian Official Gazette

First establishment Drève du Château 10, Morlanwelz

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 8 January 2020, COLIFT was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 MOHAMAD Akram is director of the company, appointed by deed of 10-01-2020.2 Total assets went from €87,457 in 2020 to €437,377 in 2024 and headcount from 1 full-time equivalents in 2022 to 1.5 in 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-01-2020
  3. 3National Bank, annual accounts 2020, 2022 and 2024

Company details

Identity

Enterprise number
0740.939.448
VAT number
BE 0740.939.448
Peppol ID
0208:0740939448
Legal form
Private limited company
Status
Active, normal situation
Founded
08-01-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 14:00
deed of 10-01-2020 (in French)
Peppol
Reachable since 20-11-2020Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
COLIFT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 10-01-2020 (in French)

Activities

NACEBEL 2025
VAT activities
43211 General electrical installation work main activity
33140 Repair and maintenance of electrical equipment
43212 Electrical installation work in industrial facilities
43221 Plumbing work
43222 Installation of electric heating, air conditioning, cooling and ventilation
43240 Other construction installation
Social security (RSZ) activities
43240 Other construction installation main activity
Codes under NACEBEL 2008
VAT activities
43211 Specialised construction activities main activity
33140 Repair, maintenance and installation of machinery and equipment
43212 Specialised construction activities
43221 Plumbing
43222 Specialised construction activities
43299 Specialised construction activities
Social security (RSZ) activities
43299 Specialised construction activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Aux entreprises générales de bâtiment; De tous les articles électroménagers, électronique tels que télévision, radio, vidéo, etc; Toutes…”
19 activities
  1. Aux entreprises générales de bâtiment ;
  2. De tous les articles électroménagers, électronique tels que télévision, radio, vidéo, etc.
  3. Toutes opérations se rapportant directement ou indirectement à l’entretien, la rénovation, les travaux de réparation, d’embellissement, de renouvellement et de modernisation et la maintenance de tous les ascenceurs, de bien immeubles, et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés du bâtiment,
  4. L’entreprise d’électricité, de plafonnage, de plafonneur-cimentier, pose de carrelage, tapisserie, et revêtement de sols et la rénovation de tous immeubles,
  5. Etude de faisabilité, étude, analyse et montage des ascenseurs,
  6. Travaux d’installation électrotechnique et montage des ascenseurs,
  7. Travaux d’installation électrotechnique du bâtiment,
  8. Réparation d’équipements électriques,
  9. Réparation d’équipement électriques,
  10. Travaux d’installation électrotechniques autres que de bâtiment,
  11. Travaux de plomberie,
  12. Installation de chauffage, de ventilation et de conditionnement d’air,
  13. Autres travaux d’installation n.c.a.,
  14. Commerce de gros de matériel électrique, y compris le matériel d’installation,
  15. Réparation d’ordinateurs et d’équipements périphériques,
  16. Réparation d’appareils électroménagers et d’équipements pour la maison et le jardin.
  17. Tous produits de boulangerie et de pâtisserie, de tous produits alimentaires et non alimentaires.
  18. La production ainsi que la commercialisation de tous produits issus de l’agriculture.
  19. Tout travail de bâtiment non réglementés
deed of 10-01-2020 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue de la Rosière 2 registered office 7141 Morlanwelz
Drève du Château 10 7140 Morlanwelz 3100402 Manufacture of dining room, living room, bedroom and bathroom furniture 08-01-2020 2.298.555.451

Buildings and parcels at the addresses

Ground area
611 m²
Buildings
162 m²
Volume, LiDAR
1,166 m³
Tallest building
10.9 m
Buildings to scale, each on its own parcel
92 m², 8.5 m 70 m², 10.9 m 92 m², 8.5 m 70 m², 10.9 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
56057A0122/00L022458 m² 1 · 92 m² 8.5 m · 2
56015C0001/00H000153 m² 1 · 70 m² 10.9 m · 3

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0740.939.448

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