COLIN & CO
ActiveCOLIN & CO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-42k) and a net result of €-25k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 3099 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
15
/ 100
Critical▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency33▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.54 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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 2025Solvency, return and age of the figures
Solvency
-271.3%
Return on assets
-161.9%
Age of the figures
8 mo
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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€42k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
13 d late
2024
on the day
2023
22 d late
2022
22 d late
2021
25 d late
2020
36 d early
2019
62 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-42k▼ 148%
2024 · €-17k
2018: €3k
2019: €20k
2020: €6k
2021: €11k
2022: €58k
2023: €67k
2024: €-17k
2018 → 2025
Total assets
€16k▼ 60.4%
2024 · €39k
2018: €88k
2019: €152k
2020: €128k
2021: €492k
2022: €518k
2023: €479k
2024: €39k
2018 → 2025
Net result
€-25k▲ 70.0%
2024 · €-84k
2018: €34k
2019: €17k
2020: €71k
2021: €-8k
2022: €47k
2023: €12k
2024: €-84k
2018 → 2025
Working capital
€-52k▼ 137%
2024 · €-22k
2018: €11k
2019: €20k
2020: €-13k
2021: €393k
2022: €390k
2023: €375k
2024: €-22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€58k▲ 420%€67k▲ 15.8%€-17k€-42k▼ 148%
Operating result€-3k-€77k€23k▼ 70.5%€-74k€-19k▲ 74.0%
Net result€-8k-€47k€12k▼ 75.1%€-84k€-25k▲ 70.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2025 against €74k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16k
Fixed assets
€10k▼ 27.6%
Current assets
€6k▼ 77.1%
Key figures and ratios
EBITDA
€-15k▲
2024 · €-72k
Cash flow
€-21k▲
2024 · €-81k
Solvency
-271.3%▼
2024 · -43.4%
Current ratio
0.10▼
2024 · 0.54
Quick ratio
0.10▼
2024 · 0.54
Debt / equity
-1.37▲
2024 · -3.31
ROE
59.7%▼
2024 · 493.4%
ROA
-161.9%▲
2024 · -214.0%
Interest coverage
-2.76▲
2024 · -7.38
Debt
€58k▲
2024 · €56k
Debt ≤ 1 year
€58k▲
2024 · €48k
Income taxes
€241▼
2024 · €269
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€39k€16k▼
Fixed assets21/28€13k€10k▼
Tangible fixed assets22/27€13k€9k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€7k€4k▼
Financial fixed assets28€200€200=
Current assets29/58€26k€6k▼
Amounts receivable within one year40/41€12k€1k▼
Trade receivables40€8k-
Other amounts receivable41€4k€1k▼
Cash at bank and in hand54/58€7k€28▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€39k€16k▼
Equity10/15€-17k€-42k▼
Contributions10/11€19k€19k=
Reserves13€48k€48k=
Distributable reserves133€48k€48k=
Profit (loss) carried forward14€-84k€-109k▼
Amounts payable17/49€56k€58k▲
Amounts payable after more than one year17€8k-
Financial debts170/4€8k-
Amounts payable within one year42/48€48k€58k▲
Current portion of amounts payable after more than one year42€8k€9k▲
Financial debts43€6k€10k▲
Credit institutions430/8€6k€10k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€11k€510▼
Taxes450/3€10k€510▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€18k€36k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€9k€246▼
Gross operating margin9900€-63k€-15k▲
Operating profit (loss)9901€-74k€-19k▲
Financial income75/76B€464€14▼
Recurring financial income75€464€14▼
Financial charges65/66B€10k€6k▼
Recurring financial charges65€10k€6k▼
Profit (loss) for the period before taxes9903€-83k€-25k▲
Income taxes67/77€269€241▼
Profit (loss) for the period9904€-84k€-25k▲
Profit (loss) for the period to be appropriated9905€-84k€-25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-84k€-109k▼
Profit (loss) brought forward from the previous period14P-€-84k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-84k ▼821%
Net result drops to €-84k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Liquidity times 10current ratio 9.00
Current ratio from 0.88 to 9.00; short-term debt falls from €105k to €49k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €71k ▲306%
Operating result €91k, net result €71k, both a record.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Heist-op-den-Berg · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hoekstraat 62221 Heist-op-den-BergGround area
630 m²
Building footprint
128 m²
Volume, LiDAR
603 m³
Parcel 12006C1011/00R000, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hoekstraat 6, 2221 Heist-op-den-Berg
since 20132.224.753.693
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12006C1011/00R000 | Flanders | 630 m² | 1 · 128 m² | 10.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 585 companies in sector 01462 we hold annual accounts for 211. 140 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2013
Fiscal year end31-12
Activities, NACEBEL
01462Crop and animal production, hunting and related service activities
01620Support activities for animal production
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.