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Colutech

Active
Private limited companyfounded 2024active for 1 yearZijlaan 83, 1180 Ukkel, BelgiumKBO/BCE: BE 1016.635.818

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 30-07-2026 at the NBB all 2 filings

Turnover
≈ €180,000
Estimated: probably between €160,000 and €240,000
Total assets
€80,938▲ 96×
2024 · €844
Net result
€70,954
2024 · -€2,804
Working capital
€71,149▲ 364×
2024 · €196
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€91,809
2025
20242025
Net result
€70,954
2025
highest quarter of the sector
20242025
Equity
€71,149
▲ 364× 2025
middle half of the sector
20242025
Total assets
€80,938
▲ 96× 2025
middle half of the sector
20242025
Debt
€9,788
▲ 15× 2025
20242025
Working capital
€71,149
▲ 364× 2025
middle half of the sector
20242025
Solvency
87.9%
2025
highest quarter of the sector
20242025
Current ratio
8.27
2025
highest quarter of the sector
20242025
Return on assets (ROA)
87.7%
2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€2,804-€91,809
Net result-€2,804below the sector's middle half-€70,954above the sector's middle half
Equity€196below the sector's middle half-€71,149within the sector's middle half▲ 364×
Total assets€844below the sector's middle half-€80,938within the sector's middle half▲ 96×
Debt€648-€9,788▲ 15×
Working capital€196below the sector's middle half-€71,149within the sector's middle half▲ 364×
Solvency87.9%above the sector's middle half
Current ratio8.27above the sector's middle half
Return on assets (ROA)87.7%above the sector's middle half
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a profit of €91,809, after a loss of €2,804 in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €80,938
Equity €71,149 ▲ 364×
Debt €9,788 ▲ 15×
Debt's share of the balance-sheet total falls from 76.8% to 12.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.14
ROE
99.7%
Debt ≤ 1 year
€9,788▲
2024 · €648
Income taxes
€18,573
Staff costs
€250
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€844€80,938▲
Current assets29/58€844€80,938▲
Amounts receivable within one year40/41€760€31,663▲
Trade receivables40€272€31,663▲
Other amounts receivable41€488€0▼
Cash at bank and in hand54/58€83€47,410▲
Deferred charges and accrued income490/1-€1,865
Equity and liabilities
Total equity and liabilities10/49€844€80,938▲
Equity10/15€196€71,149▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€2,804€68,149▲
Amounts payable17/49€648€9,788▲
Amounts payable within one year42/48€648€9,788▲
Trade debts44€648€3,460▲
Suppliers440/4€648€3,460▲
Taxes, remuneration and social security45-€6,217
Taxes450/3-€3,967
Remuneration and social security454/9-€2,250
Other amounts payable47/48-€111
Income statement Code20242025
Remuneration, social security and pensions62-€250
Other operating charges640/8-€175
Gross operating margin9900-€2,804€92,234▲
Operating profit (loss)9901-€2,804€91,809▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B-€2,283
Recurring financial charges65-€2,283
Profit (loss) for the period before taxes9903-€2,804€89,526▲
Income taxes67/77-€18,573
Profit (loss) for the period9904-€2,804€70,954▲
Profit (loss) for the period to be appropriated9905-€2,804€70,954▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,804€68,149▲
Profit (loss) brought forward from the previous period14P--€2,804

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.

Line20242025Change
Remuneration, social security and pensions62-€250-
Other operating charges640/8-€175-
Gross operating margin9900-€2,804€92,234-
Operating profit (loss)9901-€2,804€91,809-
Financial income75/76B-€1-
Recurring financial income75-€1-
Financial charges65/66B-€2,283-
Recurring financial charges65-€2,283-
Profit (loss) for the period before taxes9903-€2,804€89,526-
Income taxes67/77-€18,573-
Profit (loss) for the period9904-€2,804€70,954-
Profit (loss) for the period to be appropriated9905-€2,804€70,954-
Line20242025Change
Assets
Total assets20/58€844€80,938▲ 96×
Current assets29/58€844€80,938▲ 96×
Amounts receivable within one year40/41€760€31,663▲ 42×
Trade receivables40€272€31,663▲ 116×
Other amounts receivable41€488€0▼ 100%
Cash at bank and in hand54/58€83€47,410▲ 568×
Deferred charges and accrued income490/1-€1,865-
Equity and liabilities
Total equity and liabilities10/49€844€80,938▲ 96×
Equity10/15€196€71,149▲ 364×
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€2,804€68,149-
Amounts payable17/49€648€9,788▲ 15×
Amounts payable within one year42/48€648€9,788▲ 15×
Trade debts44€648€3,460▲ 434%
Suppliers440/4€648€3,460▲ 434%
Taxes, remuneration and social security45-€6,217-
Taxes450/3-€3,967-
Remuneration and social security454/9-€2,250-
Other amounts payable47/48-€111-
Line20242025Change
Profit (loss) for the period9904-€2,804€70,954-
Operating cash flow (approximation)-€2,804€70,954-
Change in cash-€47,326-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 11,279 companies had the same profile as Colutech has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of Colutech itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 11,279 companies, not a prediction for Colutech. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 30-07-2026 2026-00359113 PDF
31-12-2024 micro format 02-07-2025 2025-00217940 PDF

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