COLIMA
ActiveSummary
COLIMA has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.37M and a net result of €13k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 91% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+1
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 8.99 against 8.03 in 2024; short-term debt: 8.2% and cash: 1.7% of total assets), and 8.5% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
91.5%
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
28 d early
2023
64 d early
2022
45 d early
2021
75 d early
2020
50 d early
2019
67 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€64k▲ 19.7%
2019 · €53k
2018: €4klowest in 3 years
2019: €53k▲ +1218% vs 2018
2020: €64k▲ +19.7% vs 2019highest in 3 years
2018 → 2020
EBIT margin
-6.7%▼ 45.5pp
2019 · 38.8%
2018: -925.7%lowest in 3 years
2019: 38.8%▲ +104% vs 2018highest in 3 years
2020: -6.7%▼ -117% vs 2019
2018 → 2020
Net result
€13k
2024 · €-8k
2018: €-35klowest in 8 years
2019: €31k▲ +187% vs 2018
2020: €4k▼ -86.8% vs 2019
2021: €129k▲ +3071% vs 2020highest in 8 years
2022: €102k▼ -20.4% vs 2021
2023: €197▼ -99.8% vs 2022
2024: €-8k▼ -4414% vs 2023
2025: €13k▲ +258% vs 2024
2018 → 2025
Working capital
€1.70M▲ 1.7%
2024 · €1.67M
2018: €1.34Mlowest in 8 years
2019: €1.40M▲ +4.3% vs 2018
2020: €1.42M▲ +1.4% vs 2019
2021: €1.57M▲ +10.8% vs 2020
2022: €1.70M▲ +7.9% vs 2021
2023: €1.66M▼ -2.3% vs 2022
2024: €1.67M▲ +0.7% vs 2023
2025: €1.70M▲ +1.7% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.26M-€2.37M▲ 4.5%€2.37M=€2.36M▼ 0.4%€2.37M▲ 0.6%
2021: €2.26Mlowest in 5 years
2022: €2.37M▲ +4.5% vs 2021
2023: €2.37M● +0.0% vs 2022
2024: €2.36M▼ -0.4% vs 2023
2025: €2.37M▲ +0.6% vs 2024highest in 5 years
Operating result€45k-€105k▲ 132%€-38k€-22k▲ 41.8%€2k
2021: €45k
2022: €105k▲ +132% vs 2021highest in 5 years
2023: €-38k▼ -137% vs 2022lowest in 5 years
2024: €-22k▲ +41.8% vs 2023
2025: €2k▲ +108% vs 2024
Net result€129k-€102k▼ 20.4%€197▼ 99.8%€-8k€13k
2021: €129khighest in 5 years
2022: €102k▼ -20.4% vs 2021
2023: €197▼ -99.8% vs 2022
2024: €-8k▼ -4414% vs 2023lowest in 5 years
2025: €13k▲ +258% vs 2024
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €22k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.59M
Fixed assets
€678k ▼ 3.8%
Current assets
€1.91M ▲ 0.2%
Equity and liabilities €2.59M
Equity
€2.37M ▲ 0.6%
Provisions
€0 ▼ 100%
Debt
€220k ▼ 10.4%
Debt's share of the balance-sheet total falls from 9.4% to 8.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▲
2024 · €9k
Cash flow
€45k▲
2024 · €23k
Current ratio
8.99▲
2024 · 8.03
Debt to equity
0.09▼
2024 · 0.10
ROE
0.6%▲
2024 · -0.4%
ROA
0.5%▲
2024 · -0.3%
Interest coverage
513.45▲
2024 · 143.77
Debt ≤ 1 year
€213k▼
2024 · €238k
Debt > 1 year
€7k=
2024 · €7k
Income taxes
€3k
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 · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.61M€2.59M▼
Fixed assets21/28€705k€678k▼
Tangible fixed assets22/27€704k€678k▼
Land and buildings22€702k€675k▼
Furniture and vehicles24€1k€910▼
Other tangible fixed assets26€1k€820▼
Assets under construction and advance payments27-€853
Financial fixed assets28€625€625=
Current assets29/58€1.91M€1.91M▲
Amounts receivable within one year40/41€18k-
Trade receivables40€5k-
Other amounts receivable41€13k-
Current investments50/53€1.86M€1.87M▲
Cash at bank and in hand54/58€32k€45k▲
Deferred charges and accrued income490/1-€69
Equity and liabilities
Total equity and liabilities10/49€2.61M€2.59M▼
Equity10/15€2.36M€2.37M▲
Contributions10/11€2.00M€2.00M=
Capital10€2.00M€2.00M=
Issued capital100€2.00M€2.00M=
Reserves13€261k€275k▲
Non-distributable reserves130/1€51k€65k▲
Legal reserve130€51k€65k▲
Distributable reserves133€210k€210k=
Profit (loss) carried forward14€97k€97k=
Provisions and deferred taxes16€11k-
Provisions for liabilities and charges160/5€11k-
Major repairs and maintenance162€11k-
Amounts payable17/49€245k€220k▼
Amounts payable after more than one year17€7k€7k=
Other amounts payable178/9€7k€7k=
Amounts payable within one year42/48€238k€213k▼
Trade debts44€7k€3k▼
Suppliers440/4€7k€3k▼
Taxes, remuneration and social security45-€776
Taxes450/3-€776
Other amounts payable47/48€231k€209k▼
Accrued charges and deferred income492/3€1k€870▼
Income statement
Code20242025
Non-recurring operating income76A€10k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€31k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-955-
Provisions for liabilities and charges: additions (uses and reversals)635/8€11k€-11k▼
Other operating charges640/8€13k€11k▼
Gross operating margin9900€32k€33k▲
Operating profit (loss)9901€-22k€2k▲
Financial income75/76B€14k€15k▲
Recurring financial income75€14k€14k▲
Non-recurring financial income76B€76€774▲
Financial charges65/66B€60€64▲
Recurring financial charges65€60€64▲
Profit (loss) for the period before taxes9903€-8k€17k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€-8k€13k▲
Profit (loss) for the period to be appropriated9905€-8k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€97k€110k▲
Profit (loss) brought forward from the previous period14P€105k€97k▼
Transfer to equity691/2-€13k
To the legal reserve6920-€13k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €4k | - | - | €10k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €27k | €38k | €31k | €31k | ▲ 0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €2k | €-770 | - | €-955 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €11k | €-11k | ▼ 200% |
| Other operating charges640/8 | €9k | €8k | €12k | €13k | €11k | ▼ 14.0% |
| Gross operating margin9900 | €83k | €139k | €11k | €32k | €33k | ▲ 1.8% |
| Operating profit (loss)9901 | €45k | €105k | €-38k | €-22k | €2k | ▲ 108% |
| Financial income75/76B | €106k | €17k | €39k | €14k | €15k | ▲ 6.8% |
| Recurring financial income75 | €4k | €9k | €6k | €14k | €14k | ▲ 1.8% |
| Non-recurring financial income76B | €103k | €7k | €33k | €76 | €774 | ▲ 913% |
| Financial charges65/66B | €11k | €10k | €71 | €60 | €64 | ▲ 6.0% |
| Recurring financial charges65 | €324 | €793 | €71 | €60 | €64 | ▲ 6.0% |
| Non-recurring financial charges66B | €11k | €10k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €141k | €111k | €197 | €-8k | €17k | ▲ 295% |
| Income taxes67/77 | €12k | €9k | - | - | €3k | - |
| Profit (loss) for the period9904 | €129k | €102k | €197 | €-8k | €13k | ▲ 258% |
| Profit (loss) for the period to be appropriated9905 | €129k | €102k | €197 | €-8k | €13k | ▲ 258% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.51M | €2.39M | €2.71M | €2.61M | €2.59M | ▼ 0.9% |
| Fixed assets21/28 | €697k | €673k | €714k | €705k | €678k | ▼ 3.8% |
| Tangible fixed assets22/27 | €697k | €673k | €713k | €704k | €678k | ▼ 3.8% |
| Land and buildings22 | €695k | €669k | €710k | €702k | €675k | ▼ 3.8% |
| Furniture and vehicles24 | €1k | €1k | €2k | €1k | €910 | ▼ 37.1% |
| Other tangible fixed assets26 | - | €2k | €2k | €1k | €820 | ▼ 37.7% |
| Assets under construction and advance payments27 | - | - | - | - | €853 | - |
| Financial fixed assets28 | €625 | €625 | €625 | €625 | €625 | = |
| Current assets29/58 | €1.81M | €1.71M | €2.00M | €1.91M | €1.91M | ▲ 0.2% |
| Amounts receivable within one year40/41 | €12k | €6k | €9k | €18k | - | - |
| Trade receivables40 | €12k | €6k | €6k | €5k | - | - |
| Other amounts receivable41 | €78 | €449 | €3k | €13k | - | - |
| Current investments50/53 | €842k | €1.22M | €1.95M | €1.86M | €1.87M | ▲ 0.5% |
| Cash at bank and in hand54/58 | €960k | €482k | €32k | €32k | €45k | ▲ 39.8% |
| Deferred charges and accrued income490/1 | €0 | - | €2k | - | €69 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.51M | €2.39M | €2.71M | €2.61M | €2.59M | ▼ 0.9% |
| Equity10/15 | €2.26M | €2.37M | €2.37M | €2.36M | €2.37M | ▲ 0.6% |
| Contributions10/11 | €2.00M | €2.00M | €2.00M | €2.00M | €2.00M | = |
| Capital10 | €2.00M | €2.00M | €2.00M | €2.00M | €2.00M | = |
| Issued capital100 | €2.00M | €2.00M | €2.00M | €2.00M | €2.00M | = |
| Reserves13 | €159k | €261k | €261k | €261k | €275k | ▲ 5.1% |
| Non-distributable reserves130/1 | €39k | €51k | €51k | €51k | €65k | ▲ 26.3% |
| Legal reserve130 | €39k | €51k | €51k | €51k | €65k | ▲ 26.3% |
| Distributable reserves133 | €120k | €210k | €210k | €210k | €210k | = |
| Profit (loss) carried forward14 | €105k | €105k | €105k | €97k | €97k | = |
| Provisions and deferred taxes16 | - | - | - | €11k | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €11k | - | - |
| Major repairs and maintenance162 | - | - | - | €11k | - | - |
| Amounts payable17/49 | €248k | €20k | €344k | €245k | €220k | ▼ 10.4% |
| Amounts payable after more than one year17 | €7k | €5k | €7k | €7k | €7k | = |
| Other amounts payable178/9 | €7k | €5k | €7k | €7k | €7k | = |
| Amounts payable within one year42/48 | €240k | €15k | €336k | €238k | €213k | ▼ 10.5% |
| Trade debts44 | €3k | €312 | €6k | €7k | €3k | ▼ 51.7% |
| Suppliers440/4 | €3k | €312 | €6k | €7k | €3k | ▼ 51.7% |
| Taxes, remuneration and social security45 | €24k | €6k | - | - | €776 | - |
| Taxes450/3 | €24k | €6k | - | - | €776 | - |
| Other amounts payable47/48 | €213k | €8k | €330k | €231k | €209k | ▼ 9.7% |
| Accrued charges and deferred income492/3 | €620 | €764 | €1k | €1k | €870 | ▼ 28.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €129k | €102k | €197 | €-8k | €13k | ▲ 258% |
| + Depreciation and write-downs630 | €27k | €27k | €38k | €31k | €31k | ▲ 0.2% |
| Operating cash flow (approximation) | €155k | €129k | €38k | €23k | €45k | ▲ 97.6% |
| Investment in fixed assets (approximation) | - | €-3k | €-79k | €-22k | €-4k | ▲ 81.1% |
| Change in cash | - | €-478k | €-450k | €-281 | €13k | ▲ 4,632% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity times 16current ratio 117.41
Current ratio from 7.57 to 117.41; short-term debt falls from €240k to €15k.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €129k ▲3,071%
Net result €129k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 7.57
Current ratio from 3.67 to 7.57; short-term debt falls from €531k to €240k.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
Show earlier events
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Elsene · 1 establishment unit since 1995
Ground area
162 m²
Building footprint
95 m²
Volume, LiDAR
1,679 m³
Parcel 21009A0376/00D003, Brussels · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
COLIMA SA
since 19952.072.589.201
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0376/00D003 | Brussels | 162 m² | 1 · 95 m² | 21.0 m · 6 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500RI1L2QRLAWS103
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 2,549 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded12-04-1995
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.