COLPEN
ActiveSummary
The computed 12-month bankruptcy probability of COLPEN is 2.3% (moderate). The 2024 annual accounts show negative equity (-€12,501) and a net result of -€3,882. Equity is shrinking by ~43.7% per year across the filed fiscal years. Its solvency ranks better than 8% of 8969 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.3% 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 497,662 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 6,038 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | = |
| Other operating charges640/8 | - | €156 | €537 | €587 | €1,710 | ▲ 191% |
| Gross operating margin9900 | -€375 | €56 | €2,904 | €3,722 | €1,584 | ▼ 57.4% |
| Operating profit (loss)9901 | -€4,030 | -€3,600 | -€1,132 | -€365 | -€3,626 | ▼ 893% |
| Financial income75/76B | - | €10 | €5 | €10 | - | - |
| Recurring financial income75 | - | €10 | €5 | €10 | - | - |
| Financial charges65/66B | - | €800 | €577 | €562 | €257 | ▼ 54.4% |
| Recurring financial charges65 | €937 | €800 | €577 | €562 | €257 | ▼ 54.4% |
| Profit (loss) for the period before taxes9903 | -€4,967 | -€4,390 | -€1,704 | -€917 | -€3,882 | ▼ 323% |
| Profit (loss) for the period9904 | -€4,967 | -€4,390 | -€1,704 | -€917 | -€3,882 | ▼ 323% |
| Profit (loss) for the period to be appropriated9905 | -€4,967 | -€4,390 | -€1,704 | -€917 | -€3,882 | ▼ 323% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39,620 | €36,191 | €32,893 | €30,843 | €26,904 | ▼ 12.8% |
| Fixed assets21/28 | €28,000 | €24,500 | €21,000 | €17,500 | €14,000 | ▼ 20.0% |
| Intangible fixed assets21 | €28,000 | €24,500 | €21,000 | €17,500 | €14,000 | ▼ 20.0% |
| Current assets29/58 | €11,620 | €11,691 | €11,893 | €13,343 | €12,904 | ▼ 3.3% |
| Stocks and contracts in progress3 | €3,676 | €5,562 | €5,561 | €3,443 | €6,234 | ▲ 81.1% |
| Stocks30/36 | - | €5,562 | €5,561 | €3,443 | €6,234 | ▲ 81.1% |
| Amounts receivable within one year40/41 | €1,104 | €2,474 | - | €985 | €1,225 | ▲ 24.4% |
| Trade receivables40 | - | €2,474 | - | €985 | €1,225 | ▲ 24.4% |
| Cash at bank and in hand54/58 | €6,840 | €3,655 | €6,331 | €8,915 | €5,445 | ▼ 38.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39,620 | €36,191 | €32,893 | €30,843 | €26,904 | ▼ 12.8% |
| Equity10/15 | -€1,608 | -€5,998 | -€7,702 | -€8,619 | -€12,501 | ▼ 45.0% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€7,808 | -€12,198 | -€13,902 | -€14,819 | -€18,701 | ▼ 26.2% |
| Amounts payable17/49 | €41,228 | €42,189 | €40,595 | €39,462 | €39,405 | ▼ 0.1% |
| Amounts payable after more than one year17 | €38,800 | €38,800 | - | - | - | - |
| Financial debts170/4 | - | €38,800 | - | - | - | - |
| Amounts payable within one year42/48 | €1,115 | €1,300 | €40,595 | €39,462 | €39,405 | ▼ 0.1% |
| Trade debts44 | €880 | €679 | €802 | €235 | €387 | ▲ 65.0% |
| Suppliers440/4 | - | €679 | €802 | €235 | €387 | ▲ 65.0% |
| Taxes, remuneration and social security45 | - | €274 | €632 | - | - | - |
| Taxes450/3 | - | €274 | €632 | - | - | - |
| Other amounts payable47/48 | - | €347 | €39,161 | €39,227 | €39,018 | ▼ 0.5% |
| Accrued charges and deferred income492/3 | - | €2,089 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,967 | -€4,390 | -€1,704 | -€917 | -€3,882 | ▼ 323% |
| + Depreciation and write-downs630 | €3,500 | €3,500 | €3,500 | €3,500 | €3,500 | = |
| Operating cash flow (approximation) | -€1,467 | -€890 | €1,796 | €2,583 | -€382 | ▼ 115% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€3,185 | €2,676 | €2,584 | -€3,470 | ▼ 234% |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12037B0411/00C000 | Flanders | 5,035 m² | 1 · 266 m² | 12.6 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
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