Equity
€419,792 ▲ 39.2%
Equity rose in 2025 from €301,470 to €419,792.
COLOTA
Lifetime
7 annual accounts with figures on one time axispeak €392,552 (2025)
€392,552▲ 40.5%
lowest -€6,089 (2023)
€168,322▲ 22.9%
peak €419,792 (2025)
€419,792▲ 39.2%
€841,251▲ 18.0%
peak 2 FTE (2024)
1.6 FTE▼ 20.0%
Board5 names since 2015
1 directorMATS-PROPERTIES BV
Documentsfilings and deeds
13-07-202618 days before the deadline
2025abbreviated format
Gross margin from €279,382 to €392,552Staff from 2 FTE to 1.6 FTENew day-to-day manager 03-10Equity from €301,470 to €419,792Debts from €713,059 to €841,251
Key points
from the 2025 annual accountsChecked score
88
Excellent
Financially stronger than 62% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
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 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.2%
01-2025: 3.4%▲ +1.2 percentage points vs 12-2024highest value
02-2025: 3.4%● unchanged vs 01-2025highest value
03-2025: 2.2%▼ -1.2 percentage points vs 02-2025
04-2025: 2.2%● unchanged vs 03-2025
05-2025: 2.4%▲ +0.2 percentage points vs 04-2025
06-2025: 2.5%▲ +0.1 percentage points vs 05-2025
07-2025: 2.5%● unchanged vs 06-2025
08-2025: 2.8%▲ +0.3 percentage points vs 07-2025
09-2025: 0.4%▼ -2.4 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.3%▼ -0.1 percentage points vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.4%▲ +0.1 percentage points vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.3%▼ -0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.85, cash €357,675
Size: 1.6 FTE, 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 34% of them on solvency, 69% on liquidity, 68% on profitability and 79% 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 34,693 companies had the same profile as COLOTA has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of COLOTA itself: 0.3% within 12 months.
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 34,693 companies, not a prediction for COLOTA. 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 €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.85 (2.04 in 2024), above the usual 1.5. Short-term debt is 32.5% and cash 27.3% of total assets. However, 67.9% 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
Five signals.
lowers riskraises riskneutral
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 13-07-2026, 18 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
18 days early
2024
28 days late
2023
195 days late
2022
31 days late
2021
61 days late
2020
118 days late
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 55 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
New day-to-day manager
MATS-PROPERTIES BV appointed, Zavdrim MATAJ resigned · Permanent representative: Zavdrim MATAJ · Gazette deed
Environmental permit granted
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning), Slopen van niet vrijstaande gebouwen of constructies, Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Gent
4 directors appointed
Mataj, Zavdrim; Mataj, Esat; Mataj, Asim and Mataj, Samuel · General meeting of 06-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0635738097
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COLOTA Ghent | €1.3m | €392,552 | 32.1% | 1.6 |
| MK FLOOR Hasselt | €1.3m | €351,493 | 48.3% | 1.3 |
| BC-PLAFONNAGE Anderlecht | €1.1m | €292,805 | 42.2% | 2.7 |
| EXPO CARPETS Ghent | €1.3m | €489,482 | 42.2% | 5 |
| FLORISOL Namur | €1.4m | €152,562 | 61.8% | 1 |
| THIJS-CRAUWELS Bilzen-Hoeselt | €0.7m | €398,682 | 67.4% | 3 |
| GENERAL FLOORING Wavre | €2.5m | €616,141 | 25.1% | 4 |
These companies have the same main activity as COLOTA: wallpapering and laying of floor and wall coverings in other materials (NACE 43333). They are comparable in size and age: total assets between €728,000 and €2.5m, founded between 2007 and 2015.
Official details
Source: KBO- Status
- Active since 24-08-2015Normal situation
- Activity
- Wallpapering and laying of floor and wall coverings in other materialsNACE 43333and 2 others
- Joint committee
- 124Construction · annual accounts 2024
- Establishment unit
- 2.247.696.7679040 Ghent, since 24-08-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Annual accounts 2025
- ≈ €1.1mestimated
- €1.3m▲ 24.9%
- Employeeson 31-12-2025
- 1▼ 50.0%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on COLOTA
COLOTA files the abbreviated format. That format states no turnover. The gross margin rose from €59,205 in 2019 to €392,552 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
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 COLOTA
- What is the company number of COLOTA?
- The company number of COLOTA is 0635.738.097. The VAT number is the same number with BE in front: BE 0635.738.097.
- Where is COLOTA based?
- The registered office is at Dendermondsesteenweg 360, 9040 Ghent.Company details
- What does COLOTA do?
- According to the KBO register, the main activity is wallpapering and laying of floor and wall coverings in other materials (NACE 43333).
- What is the legal form of COLOTA?
- COLOTA is a private limited company (BV).
- When was COLOTA founded?
- COLOTA was founded on 24-08-2015.
- Is COLOTA still active?
- Yes, COLOTA is an active enterprise in the KBO register.
- How many employees does COLOTA have?
- COLOTA had an average of 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does COLOTA fall under?
- In its 2024 annual accounts, COLOTA states joint committee 124 (Construction).
- What is the turnover of COLOTA?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €392,552 and 39 comparable companies (NACE 433). It probably lies between €850,000 and €1.4m.
- Is COLOTA profitable?
- In financial year 2025, COLOTA made a profit of €168,322.
- Where can I find the annual accounts of COLOTA?
- COLOTA filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COLOTA due?
- COLOTA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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