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COLIGANE GROUP

Inactive
KBO/BCE: BE 0859.959.042

COLIGANE GROUP was declared bankrupt on 12-07-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 27-05-2025, published in the Belgian State Gazette on 04-06-2025.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 30-09-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
30-09-2021 close30-04-2022 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 09-03-2021, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
52 d early
2019
78 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 65 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

Total assets rose from EUR 82,519 in 2018 to EUR 219,291 in 2020.1 On 12 July 2024 COLIGANE GROUP was declared bankrupt; the bankruptcy was closed on 27 May 2025.23

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian State Gazette, 22-07-2024
  3. 3Belgian State Gazette, 04-06-2025

Financials · fiscal year 2020, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14,698▲ 4,604%
2019 · €312
Working capital
€31,281▲ 93.8%
2019 · €16,143
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
Line201820192020
Operating result-€17,359-€760€17,992▲ 2,269%
Net result-€18,806-€312€14,698▲ 4,604%
Equity€16,270-€16,583▲ 1.9%€31,281▲ 88.6%
Total assets€82,519-€83,415▲ 1.1%€219,291▲ 163%
Debt€66,249-€66,832▲ 0.9%€188,010▲ 181%
Working capital€15,087-€16,143▲ 7.0%€31,281▲ 93.8%
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2018: -€17,359-€17,359Net result 2018: -€18,806-€18,806Operating result 2019: €760€760Net result 2019: €312€312Operating result 2020: €17,992€17,992Net result 2020: €14,698€14,698201820192020-€20,000-€10,000€0€10,000€20,000Operating result 2018: -€17,359-€17,400Net result 2018: -€18,806-€18,800Operating result 2019: €760€760Net result 2019: €312€312Operating result 2020: €17,992€18,000Net result 2020: €14,698€14,700201820192020
The operating result has risen two years in a row; 2020 is 2,269% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €219,291
Equity €31,281 ▲ 88.6%
Debt €188,010 ▲ 181%
Debt's share of the balance-sheet total rises from 80.1% to 85.7%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€18,432▲
2019 · €1,502
Cash flow
€15,138▲
2019 · €1,055
Current ratio
1.17▼
2019 · 1.24
ROE
47.0%▲
2019 · 1.9%
ROA
6.7%▲
2019 · 0.4%
Debt ≤ 1 year
€188,010▲
2019 · €66,832
Income taxes
€6,783▲
2019 · €152
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 23 lines
Balance sheet Code20192020
Assets
Total assets20/58€83,415€219,291▲
Fixed assets21/28€440-
Tangible fixed assets22/27€440-
Current assets29/58€82,975€219,291▲
Amounts receivable within one year40/41€82,751€198,467▲
Cash at bank and in hand54/58€224€20,824▲
Equity and liabilities
Total equity and liabilities10/49€83,415€219,291▲
Equity10/15€16,583€31,281▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Profit (loss) carried forward14-€3,877€10,821▲
Amounts payable17/49€66,832€188,010▲
Amounts payable within one year42/48€66,832€188,010▲
Trade debts44€66,680€181,227▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€743€440▼
Gross operating margin9900€2,000€18,482▲
Operating profit (loss)9901€760€17,992▲
Recurring financial income75-€4,201
Recurring financial charges65€295€713▲
Profit (loss) for the period before taxes9903€464€21,481▲
Income taxes67/77€152€6,783▲
Profit (loss) for the period9904€312€14,698▲
Profit (loss) for the period to be appropriated9905€312€14,698▲
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,646€743€440▼ 40.8%
Gross operating margin9900-€14,484€2,000€18,482▲ 824%
Operating profit (loss)9901-€17,359€760€17,992▲ 2,269%
Recurring financial income75€80-€4,201-
Recurring financial charges65€618€295€713▲ 141%
Profit (loss) for the period before taxes9903-€17,897€464€21,481▲ 4,525%
Income taxes67/77€909€152€6,783▲ 4,363%
Profit (loss) for the period9904-€18,806€312€14,698▲ 4,604%
Profit (loss) for the period to be appropriated9905-€18,806€312€14,698▲ 4,604%
Line201820192020Change
Assets
Total assets20/58€82,519€83,415€219,291▲ 163%
Fixed assets21/28€1,183€440--
Tangible fixed assets22/27€1,183€440--
Current assets29/58€81,337€82,975€219,291▲ 164%
Amounts receivable within one year40/41€80,629€82,751€198,467▲ 140%
Cash at bank and in hand54/58€708€224€20,824▲ 9,186%
Equity and liabilities
Total equity and liabilities10/49€82,519€83,415€219,291▲ 163%
Equity10/15€16,270€16,583€31,281▲ 88.6%
Contributions10/11€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860=
Profit (loss) carried forward14-€4,190-€3,877€10,821▲ 379%
Amounts payable17/49€66,249€66,832€188,010▲ 181%
Amounts payable within one year42/48€66,249€66,832€188,010▲ 181%
Trade debts44€65,340€66,680€181,227▲ 172%
Line201820192020Change
Profit (loss) for the period9904-€18,806€312€14,698▲ 4,604%
+ Depreciation and write-downs630€1,646€743€440▼ 40.8%
Operating cash flow (approximation)-€17,160€1,055€15,138▲ 1,335%
Investment in fixed assets (approximation)-€0--
Change in cash--€483€20,600▲ 4,362%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
04-06
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 27-05-2025
2024
22-07
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 12-07-2024
2023
08-12
KBO administration Address struck
2021
09-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial Highest result since 2018net €14,698 ▲4,604%
Operating result €17,992, net result €14,698, both a record.
12-02
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial Back to profitnet €312
Net result €312 after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
24-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
23-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 268 days late
2016
24-02
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
10-02
NBB filing Annual accounts filed
fiscal year 2014 · full schema
Show earlier events
2014
15-04
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
19-03
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
19-04
NBB filing Annual accounts filed
fiscal year 2011 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator LUCILLE BERMOND
CHAUSSEE DE LA HULPE 187, 1170 WATERMAEL-BOITSFORT
12-07-2024 → 27-05-2025

Identification & contact

Identification
Legal formSPRL
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.