Summary
COMACO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €247,045 and a net result of €119. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 9865 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
30 d late
2021
89 d late
2020
61 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€247,045=
2023 · €246,926
Net result
€119▼ 98.2%
2023 · €6,474
Total assets
€709,833▲ 0.7%
2023 · €705,073
Solvency
34.8%▼ 0.2pp
2023 · 35.0%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€23,462▲ 303%€38,327▲ 63.4%€34,496▼ 10.0%€28,730▼ 16.7%€26,339▼ 8.3%
Net result€11,481€21,816▲ 90.0%€16,845▼ 22.8%€6,474▼ 61.6%€119▼ 98.2%
Equity€202,880▲ 6.0%€223,606▲ 10.2%€240,452▲ 7.5%€246,926▲ 2.7%€247,045=
Total assets€714,033▲ 5.4%€719,150▲ 0.7%€716,790▼ 0.3%€705,073▼ 1.6%€709,833▲ 0.7%
Debt€442,619▲ 6.1%€427,009▼ 3.5%€407,803▼ 4.5%€389,613▼ 4.5%€417,098▲ 7.1%
Working capital-€379,549▲ 1.4%-€371,641▲ 2.1%-€376,207▼ 1.2%-€366,768▲ 2.5%-€386,021▼ 5.2%
Solvency28.4%▲ 0.1pp31.1%▲ 2.7pp33.5%▲ 2.5pp35.0%▲ 1.5pp34.8%▼ 0.2pp
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €709,833
Fixed assets
€678,756 ▼ 0.5%
Current assets
€31,077 ▲ 36.0%
Equity and liabilities €709,833
Equity
€247,045 =
Provisions
€45,690 ▼ 33.3%
Debt
€417,098 ▲ 7.1%
Debt's share of the balance-sheet total rises from 55.3% to 58.8%. Debt is higher.
Key figures and ratios
ROE
0.0%▼
2023 · 2.6%
ROA
0.0%▼
2023 · 0.9%
Debt ≤ 1 year
€417,098▲
2023 · €389,613
Income taxes
€2,602▼
2023 · €3,949
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €22,845 | - |
| Remuneration, social security and pensions62 | - | - | - | €99 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,300 | €17,185 | €6,235 | €5,758 | €4,794 | ▼ 16.7% |
| Other operating charges640/8 | - | €3,005 | €2,222 | €2,883 | €3,008 | ▲ 4.3% |
| Gross operating margin9900 | €47,888 | €58,517 | €42,953 | €37,469 | €34,141 | ▼ 8.9% |
| Operating profit (loss)9901 | €23,462 | €38,327 | €34,496 | €28,730 | €26,339 | ▼ 8.3% |
| Financial income75/76B | - | €0 | €128 | €0 | €1 | ▲ 4,900% |
| Recurring financial income75 | - | €0 | €128 | €0 | €1 | ▲ 4,900% |
| Financial charges65/66B | - | €8,619 | €9,771 | €18,307 | €23,618 | ▲ 29.0% |
| Recurring financial charges65 | €8,040 | €8,619 | €9,771 | €18,307 | €23,618 | ▲ 29.0% |
| Profit (loss) for the period before taxes9903 | €15,422 | €29,708 | €24,854 | €10,423 | €2,722 | ▼ 73.9% |
| Income taxes67/77 | €3,941 | €7,892 | €8,008 | €3,949 | €2,602 | ▼ 34.1% |
| Profit (loss) for the period9904 | €11,481 | €21,816 | €16,845 | €6,474 | €119 | ▼ 98.2% |
| Profit (loss) for the period to be appropriated9905 | €11,481 | €21,816 | €16,845 | €6,474 | €119 | ▼ 98.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €714,033 | €719,150 | €716,790 | €705,073 | €709,833 | ▲ 0.7% |
| Fixed assets21/28 | €654,237 | €664,489 | €687,986 | €682,229 | €678,756 | ▼ 0.5% |
| Tangible fixed assets22/27 | €484,237 | €469,489 | €467,986 | €462,229 | €458,756 | ▼ 0.8% |
| Land and buildings22 | - | €464,219 | €464,872 | €460,297 | €456,835 | ▼ 0.8% |
| Plant, machinery and equipment23 | - | €4,745 | €3,104 | €1,921 | €1,911 | ▼ 0.5% |
| Furniture and vehicles24 | - | €525 | €10 | €10 | €10 | = |
| Financial fixed assets28 | €170,000 | €195,000 | €220,000 | €220,000 | €220,000 | = |
| Current assets29/58 | €59,797 | €54,661 | €28,804 | €22,845 | €31,077 | ▲ 36.0% |
| Amounts receivable within one year40/41 | €32,140 | €11,104 | €18,486 | €4,537 | €11,656 | ▲ 157% |
| Trade receivables40 | - | €11,073 | €17,158 | €3,486 | €8,207 | ▲ 135% |
| Other amounts receivable41 | - | €32 | €1,328 | €1,051 | €3,449 | ▲ 228% |
| Cash at bank and in hand54/58 | €27,656 | €43,557 | €7,864 | €16,018 | €16,158 | ▲ 0.9% |
| Deferred charges and accrued income490/1 | - | - | €2,454 | €2,289 | €3,264 | ▲ 42.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €714,033 | €719,150 | €716,790 | €705,073 | €709,833 | ▲ 0.7% |
| Equity10/15 | €202,880 | €223,606 | €240,452 | €246,926 | €247,045 | = |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Other1109/19 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | €194,825 | €215,551 | €232,397 | €238,871 | €238,990 | = |
| Provisions and deferred taxes16 | €68,535 | €68,535 | €68,535 | €68,535 | €45,690 | ▼ 33.3% |
| Provisions for liabilities and charges160/5 | - | €68,535 | €68,535 | €68,535 | €45,690 | ▼ 33.3% |
| Pensions and similar obligations160 | - | €68,535 | €68,535 | €68,535 | €45,690 | ▼ 33.3% |
| Amounts payable17/49 | €442,619 | €427,009 | €407,803 | €389,613 | €417,098 | ▲ 7.1% |
| Amounts payable within one year42/48 | €439,345 | €426,302 | €405,011 | €389,613 | €417,098 | ▲ 7.1% |
| Current portion of amounts payable after more than one year42 | - | €251,058 | €222,110 | €193,162 | €164,214 | ▼ 15.0% |
| Trade debts44 | €11,469 | €12,694 | €6,829 | €4,871 | €8,416 | ▲ 72.8% |
| Suppliers440/4 | - | €12,694 | €6,829 | €4,871 | €8,416 | ▲ 72.8% |
| Advances received on contracts in progress46 | - | - | - | - | €18,600 | - |
| Taxes, remuneration and social security45 | - | €23,327 | €32,417 | €25,082 | €22,646 | ▼ 9.7% |
| Taxes450/3 | - | €23,327 | €32,417 | €25,082 | €22,646 | ▼ 9.7% |
| Other amounts payable47/48 | - | €139,223 | €143,655 | €166,498 | €203,222 | ▲ 22.1% |
| Accrued charges and deferred income492/3 | - | €707 | €2,792 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,481 | €21,816 | €16,845 | €6,474 | €119 | ▼ 98.2% |
| + Depreciation and write-downs630 | €20,300 | €17,185 | €6,235 | €5,758 | €4,794 | ▼ 16.7% |
| Operating cash flow (approximation) | €31,781 | €39,001 | €23,080 | €12,231 | €4,913 | ▼ 59.8% |
| Investment in fixed assets (approximation) | - | -€27,437 | -€29,732 | €0 | -€1,321 | - |
| Change in cash | - | €15,901 | -€35,693 | €8,154 | €140 | ▼ 98.3% |
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
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 89 days late
2021
31-12
Financial
Highest result since 2018net €21,816 ▲90%
Operating result €38,327, net result €21,816, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Back to profitnet €11,481
Net result €11,481 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €202,880 ▲6%
Equity rises from €191,399 to €202,880.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Weakest financial yearnet -€2,519
Net result drops to -€2,519, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 44 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Zottegem · 1 establishment unit since 2006
Ground area
2,068 m²
Building footprint
303 m²
2 parcels, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
COMACO
since 20062.168.155.183
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41017D0462/00C000 | Flanders | 1,574 m² | 1 · 239 m² | - |
| 41067A0001/00X000 | Flanders | 494 m² | 1 · 63 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdings · 2 subsidiaries in the treeOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 2
-
97.5%
-
20%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
GRONDWEB.BE 97.5%1 subsidiary
- HOMEWEB.BE 80%
According to the 2024 annual accounts of COMACO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,725 EUR awarded · 1,725 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,725 EUR | 1,725 EUR |
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 13,647 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
Founded07-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0879204733
Also
9925:BE0879204733
Registered
06-02-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.