COLLARIS
ActiveSummary
COLLARIS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€386,108) and a net result of €170,183. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 9742 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability40▲+20
Solvency23▲+3
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 0.16 in 2023; short-term debt: 102.1% and cash: 0.2% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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 2024Solvency, return and age of the figures
Solvency
-2.1%
Return on assets
0.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9742 sector peers (2024).
NBB · sector comparisonPosition among 9742 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
23 d early
2022
38 d early
2021
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
In the rankings
#10 company by total assets in Ypres, Real estate sector
Equity
-€386,108▲ 30.6%
2023 · -€556,291
Total assets
€18.0m▲ 58.1%
2023 · €11.4m
Net result
€170,183
2023 · -€805,648
Working capital
-€12.1m▼ 21.2%
2023 · -€10.0m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result-€2,290--€10,029▼ 338%-€934,983▼ 9,223%-€578,533▲ 38.1%
Net result€2,433within the sector's middle half--€3,076within the sector's middle half-€805,648below the sector's middle half▼ 26,094%€170,183above the sector's middle half
Equity€252,433within the sector's middle half-€249,357within the sector's middle half▼ 1.2%-€556,291below the sector's middle half-€386,108below the sector's middle half▲ 30.6%
Total assets€253,418below the sector's middle half-€259,343below the sector's middle half▲ 2.3%€11.4mabove the sector's middle half▲ 4,282%€18.0mabove the sector's middle half▲ 58.1%
Debt€986-€9,986▲ 913%€11.9m▲ 119,263%€18.4m▲ 54.0%
Working capital€252,533within the sector's middle half-€249,457within the sector's middle half▼ 1.2%-€10.0mbelow the sector's middle half-€12.1mbelow the sector's middle half▼ 21.2%
Solvency99.6%above the sector's middle half-96.1%above the sector's middle half▼ 3.5pp-4.9%below the sector's middle half▼ 101.0pp-2.1%below the sector's middle half▲ 2.7pp
Current ratio26.23above the sector's middle half0.16below the sector's middle half▼ 26.070.34below the sector's middle half▲ 0.18
Return on assets (ROA)1.0%within the sector's middle half--1.2%below the sector's middle half▼ 2.1pp-7.1%below the sector's middle half▼ 5.9pp0.9%within the sector's middle half▲ 8.0pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €578,533 in 2024 against €934,983 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €18.0m
Fixed assets
€11.7m ▲ 24.3%
Current assets
€6.3m ▲ 220%
Key figures and ratios
Quick ratio
0.05▲
2023 · 0.02
Debt to equity
-47.54▼
2023 · -21.43
Debt ≤ 1 year
€18.4m▲
2023 · €11.9m
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 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | €348 | €490 | €900 | €36,969 | ▲ 4,008% |
| Gross operating margin9900 | -€1,942 | -€9,539 | -€934,083 | -€541,564 | ▲ 42.0% |
| Operating profit (loss)9901 | -€2,290 | -€10,029 | -€934,983 | -€578,533 | ▲ 38.1% |
| Financial income75/76B | €6,007 | €7,294 | €129,908 | €766,817 | ▲ 490% |
| Recurring financial income75 | €6,007 | €7,294 | €129,908 | €766,817 | ▲ 490% |
| Financial charges65/66B | €399 | €340 | €573 | €18,101 | ▲ 3,060% |
| Recurring financial charges65 | €399 | €340 | €573 | €18,101 | ▲ 3,060% |
| Profit (loss) for the period before taxes9903 | €3,318 | -€3,076 | -€805,648 | €170,183 | ▲ 121% |
| Income taxes67/77 | €886 | - | - | - | - |
| Profit (loss) for the period9904 | €2,433 | -€3,076 | -€805,648 | €170,183 | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | €2,433 | -€3,076 | -€805,648 | €170,183 | ▲ 121% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €253,418 | €259,343 | €11.4m | €18.0m | ▲ 58.1% |
| Fixed assets21/28 | - | - | €9.4m | €11.7m | ▲ 24.3% |
| Tangible fixed assets22/27 | - | - | €1,046 | €2.6m | ▲ 244,695% |
| Assets under construction and advance payments27 | - | - | €1,046 | €2.6m | ▲ 244,695% |
| Financial fixed assets28 | - | - | €9.4m | €9.1m | ▼ 2.9% |
| Current assets29/58 | €253,418 | €259,343 | €2.0m | €6.3m | ▲ 220% |
| Stocks and contracts in progress3 | - | - | €1.8m | €5.4m | ▲ 210% |
| Stocks30/36 | - | - | €1.8m | €3.1m | ▲ 79.1% |
| Contracts in progress37 | - | - | - | €2.3m | - |
| Amounts receivable within one year40/41 | €243,280 | €245,889 | - | €619,763 | - |
| Trade receivables40 | - | - | - | €440,440 | - |
| Other amounts receivable41 | €243,280 | €245,889 | - | €179,323 | - |
| Cash at bank and in hand54/58 | €4,143 | €165 | €810 | €32,681 | ▲ 3,937% |
| Deferred charges and accrued income490/1 | €5,995 | €13,289 | €211,266 | €211,266 | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €253,418 | €259,343 | €11.4m | €18.0m | ▲ 58.1% |
| Equity10/15 | €252,433 | €249,357 | -€556,291 | -€386,108 | ▲ 30.6% |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Profit (loss) carried forward14 | €2,433 | -€643 | -€806,291 | -€636,108 | ▲ 21.1% |
| Amounts payable17/49 | €986 | €9,986 | €11.9m | €18.4m | ▲ 54.0% |
| Amounts payable within one year42/48 | €886 | €9,886 | €11.9m | €18.4m | ▲ 54.0% |
| Trade debts44 | - | €8,888 | €3.2m | €2.4m | ▼ 26.5% |
| Suppliers440/4 | - | €8,888 | €3.2m | €2.4m | ▼ 26.5% |
| Advances received on contracts in progress46 | - | - | €7.5m | €16.0m | ▲ 112% |
| Taxes, remuneration and social security45 | €886 | €998 | €1.1m | - | - |
| Taxes450/3 | €886 | €998 | €1.1m | - | - |
| Accrued charges and deferred income492/3 | €100 | €100 | €286 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,433 | -€3,076 | -€805,648 | €170,183 | ▲ 121% |
| Operating cash flow (approximation) | €2,433 | -€3,076 | -€805,648 | €170,183 | ▲ 121% |
| Investment in fixed assets (approximation) | - | - | - | -€2.3m | - |
| Change in cash | - | -€3,978 | €645 | €31,871 | ▲ 4,843% |
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
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
31-12
Financial
Back to profitnet €170,183
Net result €170,183 after 2 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€805,648
Net result drops to -€805,648, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial 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
Registered office, Ieper · 1 establishment unit since 2021
Ground area
5,629 m²
Building footprint
1,997 m²
Volume, LiDAR
14,036 m³
Parcel 33305B1021/00D002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
88
companies at this address
See who is registered here
1 establishment unit
COLLARIS
since 20212.312.367.162
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33305B1021/00D002 | Flanders | 5,629 m² | 1 · 1,997 m² | 8.8 m · 2 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.
Structure & network
Part of the group
GHELAMCO GROUP
65 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- GHELAMCO GROUP
- GHELAMCO INVEST
- COLLARIS
Highest known parent: GHELAMCO GROUP. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
8945002RRZH9MOAOI268
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. 5,252 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761438419
Also
9925:BE0761438419
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.