COLINZ
ActiveSummary
COLINZ has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.36M and a net result of €71k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 33% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▲+1
Solvency45▼-38
Growth85▲+17
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 3.56 against 12.14 in 2024; short-term debt: 17.7% and cash: 0.3% of total assets), but 79.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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 · 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
20.3%
Return on assets
0.6%
Age of the figures
9 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
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
21 d early
2023
12 d late
2022
18 d late
2021
22 d late
2020
52 d early
2019
17 d late
← 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, full schema
Turnover
€343k▲ 515%
2022 · €56k
EBIT margin
15.5%▲ 13.0pp
2022 · 2.5%
Net result
€71k▲ 1,513%
2024 · €4k
Working capital
€5.27M▲ 749%
2024 · €621k
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
Line20212022202320242025
Turnover€56k€343k▲ 515%
Operating result€7k▼ 96.8%€1k▼ 81.4%€53k▲ 3,721%€6k▼ 87.9%€61k▲ 846%
Net result€6k▼ 96.6%€726▼ 87.4%€28k▲ 3,817%€4k▼ 84.5%€71k▲ 1,513%
EBIT margin2.5%15.5%▲ 13.0pp
Equity€382k▲ 1.5%€383k▲ 0.2%€411k▲ 7.4%€2.29M▲ 457%€2.36M▲ 3.1%
Total assets€427k▲ 5.4%€441k▲ 3.1%€2.21M▲ 402%€3.96M▲ 79.2%€11.63M▲ 194%
Debt€45k▲ 56.2%€58k▲ 27.7%€1.80M▲ 3,021%€1.67M▼ 7.1%€9.27M▲ 455%
Working capital€383k▲ 1.7%€383k=€486k▲ 27.0%€621k▲ 27.6%€5.27M▲ 749%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 846% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.63M
Fixed assets
€4.30M ▲ 31.1%
Current assets
€7.33M ▲ 983%
Equity and liabilities €11.63M
Equity
€2.36M ▲ 3.1%
Debt
€9.27M ▲ 455%
Debt's share of the balance-sheet total rises from 42.2% to 79.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
3.56▼
2024 · 12.14
Quick ratio
3.50▼
2024 · 9.39
Debt to equity
3.93▲
2024 · 0.73
ROE
3.0%▲
2024 · 0.2%
ROA
0.6%▲
2024 · 0.1%
Debt ≤ 1 year
€2.06M▲
2024 · €56k
Debt > 1 year
€7.21M▲
2024 · €1.60M
Income taxes
€26k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €216k | €296k | - | - | - |
| Turnover70 | - | €56k | €343k | - | - | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €160k | €-89k | - | - | - |
| Other operating income74 | - | - | €41k | - | - | - |
| Operating charges60/66A | - | €215k | €242k | - | - | - |
| Goods for resale, raw materials and consumables60 | - | - | €66k | - | - | - |
| Purchases600/8 | - | - | €66k | - | - | - |
| Services and other goods61 | - | €214k | €176k | - | - | - |
| Other operating charges640/8 | €348 | €594 | €516 | €728 | €1k | ▲ 57.0% |
| Gross operating margin9900 | €8k | - | - | €7k | €62k | ▲ 766% |
| Operating profit (loss)9901 | €7k | €1k | €53k | €6k | €61k | ▲ 846% |
| Financial income75/76B | €555 | - | - | €17 | €40k | ▲ 230,845% |
| Recurring financial income75 | €555 | - | - | €17 | €40k | ▲ 230,845% |
| Financial charges65/66B | €263 | €281 | €15k | €281 | €4k | ▲ 1,271% |
| Recurring financial charges65 | €263 | €281 | €15k | €281 | €4k | ▲ 1,271% |
| Debt charges650 | - | - | €15k | - | - | - |
| Other financial charges652/9 | - | €281 | €281 | - | - | - |
| Profit (loss) for the period before taxes9903 | €8k | €1k | €38k | €6k | €97k | ▲ 1,472% |
| Income taxes67/77 | €2k | €382 | €10k | €2k | €26k | ▲ 1,370% |
| Taxes670/3 | - | €382 | €10k | - | - | - |
| Profit (loss) for the period9904 | €6k | €726 | €28k | €4k | €71k | ▲ 1,513% |
| Profit (loss) for the period to be appropriated9905 | €6k | €726 | €28k | €4k | €71k | ▲ 1,513% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €427k | €441k | €2.21M | €3.96M | €11.63M | ▲ 194% |
| Fixed assets21/28 | €25 | €25 | €1.69M | €3.28M | €4.30M | ▲ 31.1% |
| Financial fixed assets28 | €25 | €25 | €1.69M | €3.28M | €4.30M | ▲ 31.1% |
| Affiliated companies280/1 | - | - | €1.69M | - | - | - |
| Participating interests280 | - | - | €1.69M | - | - | - |
| Other financial fixed assets284/8 | - | €25 | €25 | - | - | - |
| Shares284 | - | €25 | €25 | - | - | - |
| Current assets29/58 | €427k | €440k | €521k | €677k | €7.33M | ▲ 983% |
| Amounts receivable after more than one year29 | - | - | - | - | €3.87M | - |
| Other amounts receivable291 | - | - | - | - | €3.87M | - |
| Stocks and contracts in progress3 | - | €160k | €71k | €153k | €122k | ▼ 20.0% |
| Contracts in progress37 | - | €160k | €71k | €153k | €122k | ▼ 20.0% |
| Amounts receivable within one year40/41 | €172k | €26k | €135k | €272k | €2.91M | ▲ 972% |
| Trade receivables40 | €130k | - | €131k | €231k | €557k | ▲ 141% |
| Other amounts receivable41 | €42k | €26k | €3k | €41k | €2.36M | ▲ 5,675% |
| Cash at bank and in hand54/58 | €255k | €225k | €274k | €252k | €37k | ▼ 85.1% |
| Deferred charges and accrued income490/1 | - | €30k | €41k | €17 | €382k | ▲ 2,211,595% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €427k | €441k | €2.21M | €3.96M | €11.63M | ▲ 194% |
| Equity10/15 | €382k | €383k | €411k | €2.29M | €2.36M | ▲ 3.1% |
| Contributions10/11 | €125k | €125k | €125k | €2.00M | €2.00M | = |
| Capital10 | €125k | €125k | €125k | €2.00M | €2.00M | = |
| Issued capital100 | €125k | €125k | €125k | €2.00M | €2.00M | = |
| Reserves13 | €257k | €257k | €286k | €290k | €361k | ▲ 24.5% |
| Non-distributable reserves130/1 | €13k | €13k | €13k | €13k | €16k | ▲ 27.9% |
| Legal reserve130 | €13k | €13k | €13k | €13k | €16k | ▲ 27.9% |
| Distributable reserves133 | €245k | €245k | €274k | €277k | €345k | ▲ 24.3% |
| Profit (loss) carried forward14 | €146 | €873 | €323 | €719 | €641 | ▼ 10.9% |
| Amounts payable17/49 | €45k | €58k | €1.80M | €1.67M | €9.27M | ▲ 455% |
| Amounts payable after more than one year17 | - | - | €1.75M | €1.60M | €7.21M | ▲ 351% |
| Financial debts170/4 | - | - | €1.75M | €1.60M | €7.21M | ▲ 351% |
| Other loans174 | - | - | €1.75M | - | - | - |
| Amounts payable within one year42/48 | €45k | €58k | €34k | €56k | €2.06M | ▲ 3,594% |
| Trade debts44 | €26k | €57k | €33k | €54k | €32k | ▼ 41.3% |
| Suppliers440/4 | €26k | €57k | €33k | €54k | €32k | ▼ 41.3% |
| Taxes, remuneration and social security45 | €19k | €338 | €1k | €2k | €28k | ▲ 1,470% |
| Taxes450/3 | €19k | €338 | €1k | €2k | €28k | ▲ 1,470% |
| Other amounts payable47/48 | - | - | - | - | €2.00M | - |
| Accrued charges and deferred income492/3 | €580 | - | €15k | €15k | €4k | ▼ 76.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €726 | €28k | €4k | €71k | ▲ 1,513% |
| Operating cash flow (approximation) | €6k | €726 | €28k | €4k | €71k | ▲ 1,513% |
| Investment in fixed assets (approximation) | - | €0 | €-1.69M | €-1.60M | €-1.02M | ▲ 36.1% |
| Change in cash | - | €-30k | €49k | €-22k | €-214k | ▼ 876% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2MEq €2.29M ▲457%
7 profitable years in a row build equity to €2.29M.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 18 days late
2022
31-12
Financial
Weakest financial yearnet €726 ▼87.4%
Net result drops to €726, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €172k ▲712%
Operating result €230k, net result €172k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 17 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 10.14
Current ratio from 2.46 to 10.14; short-term debt falls from €118k to €22k.
31-12
Financial
Equity above €200kEq €205k ▲11.5%
2 profitable years in a row build equity to €205k.
Show earlier events
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
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, Aalter · 1 establishment unit since 2013
Ground area
1.1 ha
Building footprint
5,604 m²
Volume, LiDAR
2,355 m³
Parcel 44503H0074/00V007, Flanders · tallest building 12.0 m. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
COLINZ
since 20132.217.134.641
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44503H0074/00V007 | Flanders | 1.1 ha | 1 · 5,604 m² | 12.0 m |
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.
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,384. 2,763 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
Founded14-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68310Real estate agency activities
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.