Colmath
ActiveSummary
Colmath has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290,685 and a net result of -€37,481. Equity is growing by about 51% per year across the filed financial years. Its solvency ranks better than 84% of 5,671 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €290,685
- Loss
- -€37,481
- BIELEN ColetteDirector
- GOIGNARD MathyDirector
Why 85raises riskLoss of €37,481 (financial year 2025)lowers riskFounded in 2001Size: total assets €406,902Equity €290,685 (71.4% of total assets)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro): better than 84% on solvency, 66% on liquidity, 20% on profitability and 28% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 35 days before the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€37,481
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €50,987 after €303,164 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €21,047 | €0 | €904,700 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | - | - | - | - | €500 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,683 | €40,522 | €40,470 | €39,694 | €40,084 | €39,535 | €29,169 | €3,473 | ▼ 88.1% |
| Other operating charges640/8 | - | - | - | €3,430 | €2,467 | €3,562 | €5,455 | €521 | ▼ 90.5% |
| Non-recurring operating charges66A | - | - | - | - | €1,139 | €429 | €1,496 | €4,636 | ▲ 210% |
| Gross operating margin9900 | €70,852 | €82,127 | €86,189 | €106,604 | €84,724 | €78,456 | €339,284 | -€41,857 | - |
| Operating profit (loss)9901 | €11,780 | €19,977 | €41,677 | €63,479 | €41,033 | €34,929 | €303,164 | -€50,987 | - |
| Financial income75/76B | - | - | - | €5 | €46 | €1,412 | €4,686 | €23,814 | ▲ 408% |
| Recurring financial income75 | €9,002 | €3 | €0 | €5 | €46 | €1,412 | €4,686 | €23,814 | ▲ 408% |
| Financial charges65/66B | - | - | - | €13,752 | €13,005 | €12,972 | €13,429 | €9,429 | ▼ 29.8% |
| Recurring financial charges65 | €17,908 | €16,200 | €14,987 | €13,752 | €13,005 | €12,972 | €13,429 | €9,429 | ▼ 29.8% |
| Profit (loss) for the period before taxes9903 | €2,875 | €3,781 | €26,691 | €49,732 | €28,075 | €23,369 | €294,421 | -€36,602 | - |
| Income taxes67/77 | €630 | €502 | €2,608 | €13,124 | €9,297 | €8,652 | €80,748 | €878 | ▼ 98.9% |
| Profit (loss) for the period9904 | €2,244 | €3,279 | €24,083 | €36,608 | €18,778 | €14,717 | €213,673 | -€37,481 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | €105,250 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €2,244 | €3,279 | €24,083 | €36,608 | €18,778 | €14,717 | €108,423 | -€37,481 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €358,864 | €512,049 | €471,698 | €480,256 | €436,773 | €408,989 | €504,517 | €406,902 | ▼ 19.3% |
| Formation expenses20 | €2,532 | €1,266 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €217,577 | €445,752 | €415,297 | €388,028 | €357,028 | €321,165 | €13,998 | €11,526 | ▼ 17.7% |
| Tangible fixed assets22/27 | €217,577 | €445,752 | €415,297 | €388,028 | €357,028 | €321,165 | €13,998 | €11,526 | ▼ 17.7% |
| Land and buildings22 | - | - | - | €316,596 | €298,466 | €271,504 | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | €8,588 | €5,565 | €2,737 | €1,942 | €2,205 | ▲ 13.6% |
| Furniture and vehicles24 | - | - | - | €62,844 | €52,997 | €46,924 | €12,056 | €9,321 | ▼ 22.7% |
| Current assets29/58 | €138,755 | €65,031 | €56,401 | €92,227 | €79,745 | €87,824 | €490,519 | €395,376 | ▼ 19.4% |
| Amounts receivable after more than one year29 | - | - | - | - | €20,000 | €20,000 | €20,000 | €0 | ▼ 100% |
| Trade receivables290 | - | - | - | - | €20,000 | €20,000 | - | - | - |
| Other amounts receivable291 | - | - | - | - | - | - | €20,000 | €0 | ▼ 100% |
| Stocks and contracts in progress3 | €4,547 | €4,091 | €1,628 | €34,772 | €28,182 | €23,808 | €0 | - | - |
| Stocks30/36 | - | - | - | €2,876 | €3,059 | €2,073 | €0 | - | - |
| Contracts in progress37 | - | - | - | €31,896 | €25,123 | €21,735 | €0 | - | - |
| Amounts receivable within one year40/41 | €110,170 | €11,113 | €17,449 | €12,803 | €13,658 | €28,853 | €244,795 | €76,821 | ▼ 68.6% |
| Trade receivables40 | - | - | - | €12,803 | €13,658 | €15,111 | €14,874 | €15,483 | ▲ 4.1% |
| Other amounts receivable41 | - | - | - | - | - | €13,742 | €229,921 | €61,338 | ▼ 73.3% |
| Current investments50/53 | - | - | - | - | - | - | - | €272,855 | - |
| Cash at bank and in hand54/58 | €451 | €24,363 | €8,724 | €38,533 | €199 | €125 | €214,975 | €37,281 | ▼ 82.7% |
| Deferred charges and accrued income490/1 | - | - | - | €6,119 | €17,706 | €15,038 | €10,748 | €8,419 | ▼ 21.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €358,864 | €512,049 | €471,698 | €480,256 | €436,773 | €408,989 | €504,517 | €406,902 | ▼ 19.3% |
| Equity10/15 | €20,412 | €23,691 | €47,774 | €84,382 | €103,160 | €116,211 | €328,166 | €290,685 | ▼ 11.4% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €1,001 | €3,691 | €27,774 | €64,382 | €83,160 | €96,211 | €308,166 | €308,166 | = |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | €2,000 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | €2,000 | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | - | - | - | €105,250 | €105,250 | = |
| Distributable reserves133 | - | - | - | €62,382 | €81,160 | €94,211 | €202,916 | €202,916 | = |
| Profit (loss) carried forward14 | -€589 | - | - | - | - | €0 | €0 | -€37,481 | - |
| Amounts payable17/49 | €338,452 | €488,358 | €423,924 | €395,874 | €333,613 | €292,778 | €176,351 | €116,217 | ▼ 34.1% |
| Amounts payable after more than one year17 | €262,703 | €324,418 | €295,397 | €257,479 | €226,477 | €191,370 | €103,778 | €76,001 | ▼ 26.8% |
| Financial debts170/4 | - | - | - | €257,479 | €226,477 | €191,370 | €103,778 | €76,001 | ▼ 26.8% |
| Amounts payable within one year42/48 | €75,749 | €163,940 | €128,526 | €138,395 | €107,136 | €101,408 | €72,573 | €40,215 | ▼ 44.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €37,919 | €40,683 | €38,239 | €26,388 | €27,777 | ▲ 5.3% |
| Financial debts43 | - | - | - | €31,896 | €31,012 | €28,244 | €203 | €212 | ▲ 4.2% |
| Credit institutions430/8 | - | - | - | €31,896 | €4,849 | €4,167 | €203 | €212 | ▲ 4.2% |
| Other loans439 | - | - | - | - | €26,163 | €24,077 | €0 | - | - |
| Trade debts44 | €15,479 | €39,829 | €2,153 | €3,149 | €10,773 | €11,771 | €5,437 | €2,555 | ▼ 53.0% |
| Suppliers440/4 | - | - | - | €3,149 | €10,773 | €11,771 | €5,437 | €2,555 | ▼ 53.0% |
| Taxes, remuneration and social security45 | - | - | - | €15,355 | €21,592 | €23,155 | €40,544 | €9,672 | ▼ 76.1% |
| Taxes450/3 | - | - | - | €15,355 | €21,592 | €23,155 | €40,544 | €9,672 | ▼ 76.1% |
| Other amounts payable47/48 | - | - | - | €50,077 | €3,076 | €0 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,244 | €3,279 | €24,083 | €36,608 | €18,778 | €14,717 | €213,673 | -€37,481 | - |
| + Depreciation and write-downs630 | €54,683 | €40,522 | €40,470 | €39,694 | €40,084 | €39,535 | €29,169 | €3,473 | ▼ 88.1% |
| Operating cash flow (approximation) | €56,927 | €43,801 | €64,552 | €76,302 | €58,863 | €54,253 | €242,842 | -€34,008 | - |
| Investment in fixed assets (approximation) | - | -€268,697 | -€10,014 | -€12,426 | -€9,084 | -€3,672 | €277,998 | -€1,000 | - |
| Change in cash | - | €23,912 | -€15,639 | €29,809 | -€38,333 | -€75 | €214,851 | -€177,694 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00267932 |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00168953 |
| 31-12-2023 | micro format | 12-06-2024 | 2024-00123370 |
| 31-12-2022 | micro format | 14-06-2023 | 2023-00125065 |
| 31-12-2021 | micro format | 15-06-2022 | 2022-20063621 |
| 31-12-2020 | micro format | 16-06-2021 | 2021-21100396 |
| 31-12-2019 | micro format | 11-08-2020 | 2020-40500221 |
| 31-12-2018 | micro format | 23-05-2019 | 2019-14300294 |
| 31-12-2017 | micro format | 26-09-2018 | 2018-66400381 |
| 31-12-2016 | micro format | 23-06-2017 | 2017-21300552 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BIELEN Colette |
|
| GOIGNARD Mathy |
|
Owners and capital
Capital and shareholders
- 13-06-2024 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
13-06
Gazette deed
Resignations: GOIGNARD Mathy (manager) and BIELEN Colette (manager)Reappointments: GOIGNARD Mathy (director) and BIELEN Colette (director) · Amendment of the articles · Legal-form conversion16 facts ▸
- General meeting, “behandeling van de agenda en neemt volgende besluiten, buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Amendment of the articles (2 times)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “beschikbare reserve” (deed in Dutch)
- Capital
- Power of attorney (2 times)
- Director resignation, GOIGNARD Mathy (manager)
- Director resignation, BIELEN Colette (manager)
- Director reappointment, GOIGNARD Mathy (director (not named in the articles))
- Director reappointment, BIELEN Colette (director (not named in the articles))
- Other provision, “kwijting ontslagnemende zaakvoerders, beslissen over kwijting voor uitoefening mandaat” (deed in Dutch)
- +4 further facts in this act
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71327G0288/00F002 | Flanders | 5,867 m² | 1 · 1,339 m² | 23.6 m · 6 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het uitbaten van een frituur; Het uitbaten van een horeca-zaak,omvattende ondermeer drankgelegenheid,kleine snacks,bereiding van…” (deed in Dutch)
12 activities (deed in Dutch)
- Het uitbaten van een frituur.
- Het uitbaten van een horeca-zaak,omvattende ondermeer drankgelegenheid,kleine snacks,bereiding van maaltijden,levering aan huis van zelfbereide maaltijden,traiteurdiensten,restaurant,amusementsspelen en alle hoofd- en nevenactiviteiten die in soortgelijke aangelegenheden of plaatsen georganiseerd of uitgebaat kunnen worden,alsook de uitbating en/of het beheer van hotels en slaapgelegenheid.
- De groot- en kleinhandel in,de invoer en de uitvoer van wijnen en sterke dranken,en allerhande andere dranken en bereidingen.
- De bereiding van al dan niet alcoholhoudende dranken.
- Het uitbaten van één of meerdere ontspannings- en gezondheidscentra,omvattende onder meer maar niet uitsluitend sauna’s,baden,massagesalons,schoonheidssalons,zonnebankcentra,gymnastiekzalen,centra voor beoefening van bijvoorbeeld fitness,aerobic,bodybuilding,power plate,en andere vormen van binnensporten betreffende de algemene lichaamsconditie,inclusief annex drank- en eetgelegenheden.
- Het verstrekken van allerlei diensten,advies en consultancy in verband met lichaamsverzorging,esthetiek,het lichamelijk welzijn,ontspanning en relaxatietechnieken en inzonderheid de diensten verleend in gezondheidscentra in het algemeen en sauna’s,baden,massagesalons,schoonheidssalons,zonnebankcentra,fitnesscentra in het bijzonder.
- De groot- en kleinhandel in,de handelsbemiddeling in,de import en export van alsook de vervaardiging van alle toiletartikelen,parfumerieartikelen,schoonheidsproducten,reinigingsmiddelen,zeep- en badproducten,cosmetica,manicure- en pedicureartikelen,parfums en andere reukwaren,alle scheikundige en farmaceutische artikelen en alle aanverwante producten,machines en toestellen en dergelijke meer;alle natuurproducten,kruiden,drogisterij-,dieet- en algemene lichaamsverzorgingsartikelen en aanverwante producten;kortom alle producten,artikelen,materialen en toestellen voor lichaams-,huid- en haarverzorging en hun accessoires,toestellen voor gezondheidstechniek en algemeen welzijn.
- Het inrichten,organiseren en geven van allerhande opleidingen en trainingen bij middel van alle mogelijke voordrachten,cursussen,seminaries,workshops,ontwikkelingsactiviteiten en publicaties,dit alles in het algemeen en in het bijzonder in het kader van de activiteiten die verband houden met het maatschappelijk voorwerp van de vennootschap.
- De groot- en kleinhandel in al dan niet gespecialiseerde winkels,ambulant op markten en beurzen of via alle andere toegelaten kanalen,postorder of via het internet,de handelsbemiddeling,de invoer- en uitvoerhandel en de vervaardiging van alle producten en materialen,grondstoffen,halffabricaten en afgewerkte producten,artikelen en toestellen ongeacht hun bestemming,in het bijzonder,zonder daartoe beperkt te zijn,van:textielwaren,kleding,schoeisel en accessoires.
- Onderneming voor de projectontwikkeling van,handel in en de verhuring van onroerende goederen;de verhuur van eigen onroerend goed;de vennootschap kan onroerende goederen als belegging verwerven,beheren,kopen,verkopen,verhuren,huren,uitrusten,bouwen en verbouwen,restaureren,valoriseren,ruilen enzovoort.
- Adviesbureau op het gebied van bedrijfsbeheer en op het gebied van bedrijfsvoering;verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enz.;algemene audit-activiteiten;berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie,efficiëntie,enz.,met inbegrip van,maar niet beperkt tot advies,training,coaching en alle vormen van opleiding
- Managementactiviteiten van en voor holdings en andere ondernemingen;het tussenkomen in het dagelijks bestuur,het vertegenwoordigen van bedrijven op grond van het bezit van of controle over het maatschappelijk kapitaal en andere;het op lange termijn aanhouden van aandelen afkomstig van verschillende andere bedrijven uit verscheidene economische sectoren.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, algemene vergadering die bestuurder(s) benoemt bepaalt aantal,duur opdracht en indien meerdere bevoegdheid” (deed in Dutch)“Geboekt op algemene kosten los van eventuele representatie-,reis- en verplaatsingskosten, vaste of evenredige vergoeding” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of May at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd” (deed in Dutch)