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COLINVEST

Active
Public limited companyfounded 199333 yrs activeGustave Gilsonstraat 163, 1020 Brussel, BelgiumKBO/BCE: BE 0450.563.218

COLINVEST has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.86M and a net result of €35k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
71 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability32▼-20
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 17.8 against 17.86 in 2023; short-term debt: 4.4% and cash: 1.4% of total assets), and 15.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
Sector 68
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
84.6%
Return on assets
1.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-06-2025, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
46 d early
2023
26 d early
2022
39 d early
2021
27 d early
2020
33 d early
2019
18 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€1.86M▲ 1.9%
2023 · €1.83M
2018: €1.30M 2019: €1.33M 2020: €1.65M 2021: €1.69M 2022: €1.75M 2023: €1.83M
2018 → 2024
Total assets
€2.20M▼ 0.2%
2023 · €2.20M
2018: €1.87M 2019: €1.85M 2020: €2.40M 2021: €2.35M 2022: €2.31M 2023: €2.20M
2018 → 2024
Net result
€35k▼ 53.6%
2023 · €75k
2018: €241k 2019: €27k 2020: €322k 2021: €42k 2022: €57k 2023: €75k
2018 → 2024
Working capital
€1.63M▲ 0.6%
2023 · €1.63M
2018: €1.13M 2019: €1.14M 2020: €1.52M 2021: €1.54M 2022: €1.57M 2023: €1.63M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€1.65M-€1.69M▲ 2.6%€1.75M▲ 3.4%€1.83M▲ 4.3%€1.86M▲ 1.9%
Operating result€395k-€-360€-3k▼ 615%€39k€3k▼ 92.6%
Net result€322k-€42k▼ 86.9%€57k▲ 35.3%€75k▲ 30.9%€35k▼ 53.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200k€300k€400kOperating result 2020: €395k€395kNet result 2020: €322k€322kOperating result 2021: €-360€-360Net result 2021: €42k€42kOperating result 2022: €-3k€-3kNet result 2022: €57k€57kOperating result 2023: €39k€39kNet result 2023: €75k€75kOperating result 2024: €3k€3kNet result 2024: €35k€35k20202021202220232024
The operating result falls in 2024; 2024 is 93% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.20M
Fixed assets €468k▼ 3.1%
Current assets €1.73M▲ 0.6%
Equity and liabilities €2.20M
Equity €1.86M▲ 1.9%
Provisions €57k▼ 3.8%
Debt €283k▼ 11.7%
The debt ratio falls from 14.5% to 12.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€18k
2023 · €54k
Cash flow
€50k
2023 · €90k
Solvency
84.6%
2023 · 82.8%
Current ratio
17.80
2023 · 17.86
Quick ratio
17.80
2023 · 17.86
Debt / equity
0.15
2023 · 0.18
ROE
1.9%
2023 · 4.1%
ROA
1.6%
2023 · 3.4%
Interest coverage
1.30
2023 · 3.49
Debt
€283k
2023 · €320k
Debt ≤ 1 year
€97k
2023 · €96k
Debt > 1 year
€154k
2023 · €194k
Income taxes
€17k
2023 · €22k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€2.20M€2.20M
Fixed assets21/28€483k€468k
Tangible fixed assets22/27€483k€468k
Land and buildings22€483k€468k
Plant, machinery and equipment23-€464
Current assets29/58€1.72M€1.73M
Current investments50/53€1.71M€1.70M
Cash at bank and in hand54/58€15k€30k
Equity and liabilities
Total equity and liabilities10/49€2.20M€2.20M
Equity10/15€1.83M€1.86M
Contributions10/11€450k€450k=
Capital10€450k€450k=
Issued capital100€450k€450k=
Reserves13€227k€252k
Non-distributable reserves130/1€45k€45k=
Legal reserve130€45k€45k=
Tax-exempt reserves132€152k€147k
Distributable reserves133€30k€60k
Profit (loss) carried forward14€1.15M€1.16M
Provisions and deferred taxes16€59k€57k
Deferred taxes168€59k€57k
Amounts payable17/49€320k€283k
Amounts payable after more than one year17€194k€154k
Financial debts170/4€194k€154k
Amounts payable within one year42/48€96k€97k
Current portion of amounts payable after more than one year42€39k€40k
Trade debts44€108€116
Suppliers440/4€108€116
Taxes, remuneration and social security45€8k€8k
Taxes450/3€8k€8k
Other amounts payable47/48€49k€49k=
Accrued charges and deferred income492/3€29k€31k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k=
Other operating charges640/8€7k€6k
Gross operating margin9900€61k€25k
Operating profit (loss)9901€39k€3k
Financial income75/76B€72k€61k
Recurring financial income75€72k€61k
Financial charges65/66B€16k€14k
Recurring financial charges65€16k€14k
Profit (loss) for the period before taxes9903€95k€50k
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€22k€17k
Profit (loss) for the period9904€75k€35k
Transfer from tax-exempt reserves789€6k€6k=
Profit (loss) for the period to be appropriated9905€81k€40k
Appropriation of the result
Profit (loss) to be appropriated9906€1.18M€1.19M
Profit (loss) brought forward from the previous period14P€1.10M€1.15M
Transfer to equity691/2€30k€30k=
To other reserves6921€30k€30k=

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
15-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity doublescurrent ratio 17.86
Current ratio from 7.59 to 17.86; short-term debt falls from €239k to €96k.
22-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €322k ▲1104%
Operating result €395k, net result €322k, both a record.
13-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €27k ▼88.9%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
19-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
01-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
01-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
2016
20-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Brussel · 1 establishment unit since 1993
establishment The establishment unit on the map
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.

Gustave Gilsonstraat 1631020 Brussel
Ground area
117 m²
Building footprint
61 m²
Volume, LiDAR
617 m³
Parcel 21816G0151/00N006, Brussels · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gustave Gilsonstraat 163, 1020 Brussel
NACE 70201
since 19932.063.540.485
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21816G0151/00N006 Brussels 117 m² 1 · 61 m² 13.8 m · 3 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.

Recognitions · licences · registrations

Legal Entity Identifier

967600UG8AZ7VPZQUG17
live in the LEI register

Similar companies · same sector, comparable size

Of 11,750 companies in sector 68310 we hold annual accounts for 6,907. 2,872 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded05-07-1993
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.