Colugo
ActiveThe computed 12-month bankruptcy probability of Colugo is 1.7% (moderate). The 2025 annual accounts show negative equity (€-14k) and a net result of €-2k. Equity is shrinking by ~39.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 11165 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-24
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Age of the figures
Age of the figures
8 mo
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€14k
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
43 d early
2023
55 d early
2022
53 d early
2021
10 d late
2020
27 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-14k▼ 17.9%
2024 · €-12k
2018: €932
2019: €-402
2020: €-3k
2021: €-4k
2022: €-6k
2023: €-8k
2024: €-12k
2018 → 2025
Total assets
€239▼ 30.4%
2024 · €344
2018: €5k
2019: €3k
2020: €2k
2021: €645
2022: €117
2023: €450
2024: €344
2018 → 2025
Net result
€-2k▲ 50.3%
2024 · €-4k
2018: €-2k
2019: €-1k
2020: €-2k
2021: €-2k
2022: €-2k
2023: €-2k
2024: €-4k
2018 → 2025
Working capital
€-14k▼ 17.9%
2024 · €-12k
2018: €932
2019: €-402
2020: €-3k
2021: €-4k
2022: €-6k
2023: €-8k
2024: €-12k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-4k-€-6k▼ 40.1%€-8k▼ 27.7%€-12k▼ 56.4%€-14k▼ 17.9%
Operating result€-2k-€-2k▲ 7.1%€-2k▲ 2.6%€-4k▼ 171%€-2k▲ 51.5%
Net result€-2k-€-2k▲ 4.4%€-2k▲ 3.1%€-4k▼ 160%€-2k▲ 50.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €4k in 2024; the loss shrinks.
Key figures and ratios
Debt
€15k▲
2024 · €12k
Debt ≤ 1 year
€15k▲
2024 · €12k
Ratios withheld: a balance sheet total of €239 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€344€239▼
Current assets29/58€344€239▼
Cash at bank and in hand54/58€344€239▼
Equity and liabilities
Total equity and liabilities10/49€344€239▼
Equity10/15€-12k€-14k▼
Contributions10/11€19k€19k=
Reserves13€7k€7k=
Non-distributable reserves130/1€350€350=
Reserves not available under the articles1311€350€350=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-37k€-39k▼
Amounts payable17/49€12k€15k▲
Amounts payable within one year42/48€12k€15k▲
Other amounts payable47/48€12k€15k▲
Income statement
Code20242025
Other operating charges640/8€449€462▲
Gross operating margin9900€-4k€-2k▲
Operating profit (loss)9901€-4k€-2k▲
Financial charges65/66B€105€104▼
Recurring financial charges65€105€104▼
Profit (loss) for the period before taxes9903€-4k€-2k▲
Profit (loss) for the period9904€-4k€-2k▲
Profit (loss) for the period to be appropriated9905€-4k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-39k▼
Profit (loss) brought forward from the previous period14P€-33k€-37k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Herk-de-Stad · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rummenweg 593540 Herk-de-StadGround area
691 m²
Building footprint
293 m²
Volume, LiDAR
1,601 m³
Parcel 71024D0268/00P002, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Colugo
since 20152.238.904.015
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71024D0268/00P002 | Flanders | 691 m² | 1 · 293 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 1,069 companies in sector 46140 we hold annual accounts for 640. 47 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-01-2015
Fiscal year end31-12
Activities, NACEBEL
46140Agents in the wholesale of industrial machinery, ships and aircraft
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.