Financials
- Fiscal year
- 2026
- Turnover
- €125.2m
- Profit
- €4.5m
- Solvency
- 34.5%
Turnover▲ 10.1%
Net result
20182026
COLONA
ActiveSummary
COLONA has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €18.9m and a net result of €4.5m. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 62 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Manufacture of food products
NACE 10840NACE 15870
#1 company by total assets in Waremme3 sites
How big
€125.2mturnover 2026
- Staff
- 190.2 FTE
- Equity
- €18.9m
- Profit
- €4.5m
Who decides
- Largest shareholder
- CGMAX · 30%
- Holdings
- 1
Accounts 37 d early0 of 11 deeds read
Why 87- Liquidity: current ratio 1.52, cash €1.2m- Sector Manufacture of food products (NACE 10)+ Founded in 1971+ Size: turnover €125.2m, 190.2 FTE, total assets €55.0mShow the evidence
Checked score
Score 2026
87
/ 100
Excellent
Probability in this band: under 0.55%
Better than 50% of its sector peers (NACE 10, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2025
Average
Solvency
59+1
equity 34.5% of total assets
Liquidity
30+2
short-term debt 47.2% · cash 2.3%
Profitability
68=
return on assets 8.2%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Liquidity: current ratio 1.52, cash €1.2m raises the probability
- Sector Manufacture of food products (NACE 10) raises the probability
- Founded in 1971 lowers the probability for this profile
- Size: turnover €125.2m, 190.2 FTE, total assets €55.0m lowers the probability for this profile
Credit up to €1,600,000 at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.55 in 2025; short-term debt: 47.2% and cash: 2.3% of total assets), but 65.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 10, medium-sized). Better than this share of them on solvency 40%, liquidity 32%, profitability 52%, growth against the median 76%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 24-09-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
37 d early
2025
32 d early
2024
36 d early
2022
18 d early
2021
24 d early
2020
8 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 25 September (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-03-2027 close31-10-2027 deadline
- Annual accounts filedfiscal year 2026 · full…
- Highest result since 2018net €4.5m ▲14.6%
- Annual accounts filedfiscal year 2025 · full…
Key points
- Positive: Company by total assets in Waremmein the Checked rankings #1 View
- Positive: Always filed on timeaccounts within the deadline every year 7 years View
- Active since 1971founded 31-12-1971 54 years View
- Known shareholdersaccounts at 31-12-2022 100% View
- Positive: Equity rose in 2026from €15.1m to €18.9m ▲ 25.2% View
By topic
Board & ownership
- Largest shareholder
- CGMAX · 30%
- Known shareholders
- 100%
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-10-2027
- 24-09-2026Annual accounts filed
- 31-03-2026Highest result since 2018
- 29-09-2025Annual accounts filed
Company details
- Sites
- 3
- Legal form
- Public limited company
- Activity
- Manufacture of food productsNACE 10840
- Founded
- 31-12-1971
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Go further with this company
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