Result
-€11,318 -€11,318
From profit to loss in 2024, after a profit of €142,554 in 2023.
COLOSS
Lifetime
6 annual accounts with figures on one time axispeak €531,764 (2023)
€497,005▼ 6.5%
lowest -€11,318 (2024)
-€11,318▼ €153,872
peak €481,479 (2023)
€459,027▼ 4.7%
€842,864▲ 0.1%
peak 1 FTE (2020)
-not published
Board1 name since 2018
1 directorFRENAY Philippe Yvan Marie Ghislain
Documentsfilings and deeds
28-11-2025120 days late
2024micro format
Loss of €11,318
Key points
from the 2024 annual accountsFilings
6 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€11,318
Lower net result than 88% of companies in specialised construction. Sector median €9,467 · 35,925 companies.
Checked score
49
Fair
Financially stronger than 32% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.3 percentage points vs 07-2025
09-2025: 0.8%▲ +0.1 percentage points vs 08-2025
10-2025: 1.4%▲ +0.6 percentage points vs 09-2025
11-2025: 1.5%▲ +0.1 percentage points vs 10-2025
12-2025: 1.2%▼ -0.3 percentage points vs 11-2025
01-2026: 1.1%▼ -0.1 percentage points vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.2%▲ +0.1 percentage points vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026
07-2026: 1.2%● unchanged vs 06-2026
08-2026: 1.8%▲ +0.6 percentage points vs 07-2026
09-2026: 1.9%▲ +0.1 percentage points vs 08-2026
10-2026: 3.4%▲ +1.5 percentage points vs 09-2026highest value
11-2026: 3.4%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Figures for financial year 2024 (filed on 30-11-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 120 days late; 1 of the last 3 accounts late
Founded in 2018
lowers risk
Size: total assets €1.3m
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 37% of them on solvency, 38% on liquidity, 25% on profitability and 29% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as COLOSS has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of COLOSS itself is higher: 3.4% within 12 months. It rests on far more data about COLOSS than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for COLOSS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €22,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.03 (0.97 in 2023), below the usual 1.5. Short-term debt is 35.2% and cash 10.4% of total assets. 64.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 6 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 120 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
120 days late
2023
17 days late
2022
23 days late
2021
21 days late
2020
25 days late
2019
42 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 27 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- FRENAY Philippe Yvan Marie Ghislain 99 sharesdeed of 15-10-2018
- Philippe FRENAY SPRL 1 sharedeed of 15-10-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0708909751
Change of role: FRENAY Philippe Yvan Marie Ghislain, from manager to director
Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: FRENAY Philippe Yvan Marie Ghislain · General meeting of 20-08-2019 · Gazette deed
Registered office moved within Visé
New registered office: Rue de Maastricht 86 B à 4600 Visé · Previous registered office: rue Vieille Tour 18 à 4600 Visé · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares · Founders: Philippe FRENAY SPRL and FRENAY Philippe Yvan Marie Ghislain · Appointment: FRENAY Philippe Yvan Marie Ghislain (manager) · published on 15-10-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COLOSS Visé | €1.3m | €497,005 | 35.3% | - |
| MARICHAL TERRASSEMENT Waimes | €1.0m | €516,002 | 35.7% | 2.6 |
| HAXHE Sprimont | €1.0m | €582,596 | 62.9% | 5 |
| PHENIX INFRA Tubize | €1.3m | €469,961 | 17.9% | 3.3 |
| ESD SOLUTIONS Houthalen-Helchteren | €1.2m | €452,757 | 73.7% | - |
| Sloopwerken Covemacker Moorslede | €1.4m | €501,420 | 61.8% | - |
| TIN CONSTRUCT Asse | €1.6m | €432,497 | 17.4% | 0 |
These companies have the same main activity as COLOSS: site preparation (NACE 43120). They are comparable in size and age: total assets between €1m and €1.6m, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 11-10-2018Normal situation
- Activity
- Site preparationNACE 43120
- Establishment unit
- 2.293.125.4314600 Visé, since 11-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 07-01-2026
Annual accounts 2024
- ≈ €1.2mestimated
- €1.3m▼ 1.6%
- Employeeson 31-12-2024
- 2=
- Filing
- Filed on 28-11-2025
Insights on COLOSS
COLOSS files the micro format. That format states no turnover. The gross margin rose from €80,735 in 2019 to €497,005 in 2024.
The balance sheet grew most from 2020 to 2022 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COLOSS
- What is the company number of COLOSS?
- The company number of COLOSS is 0708.909.751. The VAT number is the same number with BE in front: BE 0708.909.751.
- Where is COLOSS based?
- The registered office is at Rue de Maestricht 86, 4600 Visé.Company details
- What does COLOSS do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of COLOSS?
- COLOSS is a private limited company (BV).
- When was COLOSS founded?
- COLOSS was founded on 11-10-2018.
- Is COLOSS still active?
- Yes, COLOSS is an active enterprise in the KBO register.
- How many employees does COLOSS have?
- COLOSS had an average of 2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of COLOSS?
- The turnover in financial year 2024 is ≈ €1.2m. This figure is estimated from the gross margin of €497,005 and 82 comparable companies (NACE 43). It probably lies between €940,000 and €1.8m.
- Is COLOSS profitable?
- In financial year 2024, COLOSS made a loss of €11,318.
- Where can I find the annual accounts of COLOSS?
- COLOSS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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