COLOUR SOLUTIONS
ActiveSummary
The computed 12-month bankruptcy probability of COLOUR SOLUTIONS is 2.0% (moderate). The 2024 annual accounts show equity of €14,001 and a net result of €680. Equity is shrinking by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 15872 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability40▲+7
Solvency78▼-9
Growth52=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.12 against 2.64 in 2023; short-term debt: 47.2% and cash: 28.8% of total assets), and 47.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more 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
52.8%
Return on assets
2.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
28 d early
2022
26 d early
2021
61 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 31 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€14,001▼ 16.2%
2023 · €16,713
Total assets
€26,522▼ 0.8%
2023 · €26,744
Net result
€680▲ 547%
2023 · €105
Working capital
€14,001▼ 15.1%
2023 · €16,485
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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€12,795-€15,241▲ 19.1%€3,030▼ 80.1%€3,399▲ 12.2%
Net result€9,727within the sector's middle half-€10,461within the sector's middle half▲ 7.6%€105within the sector's middle half▼ 99.0%€680within the sector's middle half▲ 547%
Equity€13,727within the sector's middle half-€24,188within the sector's middle half▲ 76.2%€16,713within the sector's middle half▼ 30.9%€14,001within the sector's middle half▼ 16.2%
Total assets€51,110below the sector's middle half-€35,912below the sector's middle half▼ 29.7%€26,744below the sector's middle half▼ 25.5%€26,522below the sector's middle half▼ 0.8%
Debt€37,383-€11,724▼ 68.6%€10,031▼ 14.4%€12,521▲ 24.8%
Working capital€5,225within the sector's middle half-€23,440within the sector's middle half▲ 349%€16,485within the sector's middle half▼ 29.7%€14,001within the sector's middle half▼ 15.1%
Solvency26.9%within the sector's middle half-67.4%above the sector's middle half▲ 40.5pp62.5%within the sector's middle half▼ 4.9pp52.8%within the sector's middle half▼ 9.7pp
Current ratio1.14within the sector's middle half-3.00within the sector's middle half▲ 1.862.64within the sector's middle half▼ 0.362.12within the sector's middle half▼ 0.53
Return on assets (ROA)19.0%above the sector's middle half-29.1%above the sector's middle half▲ 10.1pp0.4%within the sector's middle half▼ 28.7pp2.6%within the sector's middle half▲ 2.2pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 12% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €26,522
Equity
€14,001 ▼ 16.2%
Debt
€12,521 ▲ 24.8%
Debt's share of the balance-sheet total rises from 37.5% to 47.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3,627▲
2023 · €3,550
Cash flow
€908▲
2023 · €625
Quick ratio
1.37▲
2023 · 1.28
Debt to equity
0.89▲
2023 · 0.60
ROE
4.9%▲
2023 · 0.6%
Interest coverage
2.16▲
2023 · 1.61
Debt ≤ 1 year
€12,521▲
2023 · €10,031
Income taxes
€1,038▲
2023 · €725
Staff costs
€500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 5,049 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €500 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,958 | €520 | €520 | €228 | ▼ 56.2% |
| Other operating charges640/8 | €118 | €549 | €1,319 | €829 | ▼ 37.1% |
| Non-recurring operating charges66A | - | €4,754 | - | - | - |
| Gross operating margin9900 | €14,871 | €21,065 | €4,869 | €4,957 | ▲ 1.8% |
| Operating profit (loss)9901 | €12,795 | €15,241 | €3,030 | €3,399 | ▲ 12.2% |
| Financial income75/76B | - | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €407 | €1,814 | €2,200 | €1,681 | ▼ 23.6% |
| Recurring financial charges65 | €407 | €1,814 | €2,200 | €1,681 | ▼ 23.6% |
| Profit (loss) for the period before taxes9903 | €12,388 | €13,427 | €830 | €1,718 | ▲ 107% |
| Income taxes67/77 | €2,661 | €2,966 | €725 | €1,038 | ▲ 43.2% |
| Profit (loss) for the period9904 | €9,727 | €10,461 | €105 | €680 | ▲ 547% |
| Profit (loss) for the period to be appropriated9905 | €9,727 | €10,461 | €105 | €680 | ▲ 547% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €51,110 | €35,912 | €26,744 | €26,522 | ▼ 0.8% |
| Fixed assets21/28 | €8,502 | €748 | €228 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €8,502 | €748 | €228 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €1,268 | €748 | €228 | €0 | ▼ 100% |
| Furniture and vehicles24 | €7,234 | €0 | - | - | - |
| Current assets29/58 | €42,608 | €35,164 | €26,516 | €26,522 | = |
| Stocks and contracts in progress3 | €20,677 | €15,394 | €13,678 | €9,417 | ▼ 31.2% |
| Stocks30/36 | €20,677 | €15,394 | €13,678 | €9,417 | ▼ 31.2% |
| Amounts receivable within one year40/41 | €9,291 | €4,586 | €3,982 | €6,914 | ▲ 73.7% |
| Trade receivables40 | €9,099 | €2,450 | €3,612 | €4,892 | ▲ 35.4% |
| Other amounts receivable41 | €192 | €2,136 | €370 | €2,023 | ▲ 447% |
| Cash at bank and in hand54/58 | €12,577 | €10,418 | €4,203 | €7,629 | ▲ 81.5% |
| Deferred charges and accrued income490/1 | €63 | €4,766 | €4,653 | €2,562 | ▼ 44.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €51,110 | €35,912 | €26,744 | €26,522 | ▼ 0.8% |
| Equity10/15 | €13,727 | €24,188 | €16,713 | €14,001 | ▼ 16.2% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €9,727 | €20,188 | €12,713 | €10,001 | ▼ 21.3% |
| Amounts payable17/49 | €37,383 | €11,724 | €10,031 | €12,521 | ▲ 24.8% |
| Amounts payable within one year42/48 | €37,383 | €11,724 | €10,031 | €12,521 | ▲ 24.8% |
| Trade debts44 | €9,329 | €3,104 | €2,339 | €4,835 | ▲ 107% |
| Suppliers440/4 | €9,329 | €3,104 | €2,339 | €4,835 | ▲ 107% |
| Taxes, remuneration and social security45 | €9,580 | €8,620 | €7,692 | €5,177 | ▼ 32.7% |
| Taxes450/3 | €9,580 | €8,620 | €7,692 | €5,177 | ▼ 32.7% |
| Other amounts payable47/48 | €18,474 | - | - | €2,509 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,727 | €10,461 | €105 | €680 | ▲ 547% |
| + Depreciation and write-downs630 | €1,958 | €520 | €520 | €228 | ▼ 56.2% |
| Operating cash flow (approximation) | €11,685 | €10,981 | €625 | €908 | ▲ 45.2% |
| Investment in fixed assets (approximation) | - | €7,234 | €0 | €0 | - |
| Change in cash | - | -€2,160 | -€6,215 | €3,426 | ▲ 155% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €105 ▼99%
Net result drops to €105, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €10,461 ▲7.6%
Operating result €15,241, net result €10,461, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.00
Current ratio from 1.14 to 3.00; short-term debt falls from €37,383 to €11,724.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Couvin · 1 establishment unit since 2021
Ground area
594 m²
Building footprint
49 m²
Parcel 93029A0834/00K009, Wallonia. Linked by address, not a title deed.
1 establishment unit
COLOUR SOLUTIONS
since 20212.318.055.322
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93029A0834/00K009 | Wallonia | 594 m² | 1 · 49 m² | - |
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.
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Of 798 companies in sector 46450 we hold annual accounts for 453. 216 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
Founded10-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46450Wholesale of perfume and cosmetics
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0769571868
Also
9925:BE0769571868
Registered
18-12-2025
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.