COMAD
ActiveSummary
The latest annual accounts of COMAD were filed more than 90 days after the deadline. The 2011 annual accounts show equity of €46,382 and a net result of -€914. Equity is growing by ~5.5% per year across the filed fiscal years. The company has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
No current score
Figures too old
The available figures for FY 2011 are too old to assess current financial health.
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2011 · tick = 2010
Profitability34▲+34
Solvency92▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six 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 2011Solvency, return and age of the figures
Solvency
67.1%
Return on assets
-1.3%
Age of the figures
177 mo
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
neutral · No filing for years
The last filed financial year closed on 31-12-2011. Since then, 14 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2012 close31-07-2013 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2011 was due by 31-07-2012 and was filed on 24-12-2012, 146 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2011, abbreviated schema
Equity
€46,382▼ 1.9%
2010 · €47,296
Total assets
€69,109▼ 4.0%
2010 · €72,005
Net result
-€914▲ 95.8%
2010 · -€21,549
Working capital
-€22,168▲ 6.3%
2010 · -€23,666
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
Line20072008200920102011
Operating result€240--€12,588-€8,045▲ 36.1%-€1,671▲ 79.2%-€889▲ 46.8%
Net result€240--€12,588-€8,029▲ 36.2%-€21,549▼ 168%-€914▲ 95.8%
Equity€38,230-€25,642▼ 32.9%€68,845▲ 168%€47,296▼ 31.3%€46,382▼ 1.9%
Total assets€81,948-€75,824▼ 7.5%€77,337▲ 2.0%€72,005▼ 6.9%€69,109▼ 4.0%
Debt€43,718-€48,632▲ 11.2%€6,942▼ 85.7%€24,709▲ 256%€22,727▼ 8.0%
Working capital-€2,999-€23,666▼ 689%-€22,168▲ 6.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €889 in 2011 against €1,671 in 2010; the loss shrinks.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €69,109
Fixed assets
€68,698 ▼ 3.2%
Current assets
€411 ▼ 60.6%
Equity and liabilities €69,109
Equity
€46,382 ▼ 1.9%
Debt
€22,727 ▼ 8.0%
Debt's share of the balance-sheet total falls from 34.3% to 32.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1,375▲
2010 · €761
Cash flow
€1,350▲
2010 · -€19,117
Current ratio
0.02▼
2010 · 0.04
ROE
-2.0%▲
2010 · -45.6%
ROA
-1.3%▲
2010 · -29.9%
Debt ≤ 1 year
€22,579▼
2010 · €24,709
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,374 | €6,624 | €2,430 | €2,432 | €2,264 | ▼ 6.9% |
| Gross operating margin9900 | €4,164 | -€3,524 | -€4,553 | €3,203 | €6,506 | ▲ 103% |
| Operating profit (loss)9901 | €240 | -€12,588 | -€8,045 | -€1,671 | -€889 | ▲ 46.8% |
| Recurring financial income75 | - | - | €16 | €12 | €11 | ▼ 8.3% |
| Recurring financial charges65 | - | - | - | €19 | €36 | ▲ 89.5% |
| Profit (loss) for the period before taxes9903 | €240 | -€12,588 | -€8,029 | -€1,678 | -€914 | ▲ 45.5% |
| Income taxes67/77 | - | - | - | €19,871 | - | - |
| Profit (loss) for the period9904 | €240 | -€12,588 | -€8,029 | -€21,549 | -€914 | ▲ 95.8% |
| Profit (loss) for the period to be appropriated9905 | €240 | -€12,588 | -€8,029 | -€21,549 | -€914 | ▲ 95.8% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €81,948 | €75,824 | €77,337 | €72,005 | €69,109 | ▼ 4.0% |
| Fixed assets21/28 | €81,948 | €75,824 | €73,394 | €70,962 | €68,698 | ▼ 3.2% |
| Tangible fixed assets22/27 | €81,948 | €75,824 | €73,394 | €70,962 | €68,698 | ▼ 3.2% |
| Current assets29/58 | - | - | €3,943 | €1,043 | €411 | ▼ 60.6% |
| Cash at bank and in hand54/58 | - | - | €3,943 | €60 | €411 | ▲ 585% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €81,948 | €75,824 | €77,337 | €72,005 | €69,109 | ▼ 4.0% |
| Equity10/15 | €38,230 | €25,642 | €68,845 | €47,296 | €46,382 | ▼ 1.9% |
| Contributions10/11 | €30,987 | €30,987 | €30,987 | €30,987 | €30,987 | = |
| Reserves13 | €9,271 | €9,271 | €60,503 | €60,503 | €60,503 | = |
| Profit (loss) carried forward14 | -€2,028 | -€14,616 | -€22,645 | -€44,194 | -€45,108 | ▼ 2.1% |
| Provisions and deferred taxes16 | - | €1,550 | €1,550 | - | - | - |
| Amounts payable17/49 | €43,718 | €48,632 | €6,942 | €24,709 | €22,727 | ▼ 8.0% |
| Amounts payable within one year42/48 | €43,718 | €48,632 | €6,942 | €24,709 | €22,579 | ▼ 8.6% |
| Trade debts44 | - | - | €2,619 | €218 | €329 | ▲ 50.9% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €240 | -€12,588 | -€8,029 | -€21,549 | -€914 | ▲ 95.8% |
| + Depreciation and write-downs630 | €2,374 | €6,624 | €2,430 | €2,432 | €2,264 | ▼ 6.9% |
| Operating cash flow (approximation) | €2,614 | -€5,964 | -€5,599 | -€19,117 | €1,350 | ▲ 107% |
| Investment in fixed assets (approximation) | - | -€500 | €0 | €0 | €0 | - |
| Change in cash | - | - | - | -€3,883 | €351 | ▲ 109% |
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
2012
24-12
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 146 days late
2011
31-08
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 31 days late
2010
31-12
Financial
Weakest financial yearnet -€21,549
Net result drops to -€21,549, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 27 days late
2009
28-08
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 28 days late
2008
22-08
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 22 days late
2006
31-05
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema · 304 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema · 669 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2002 · abbreviated schema · 1035 days late
2003
05-06
NBB filing
Annual accounts filed
fiscal year 2001 · abbreviated schema · 309 days late
2002
04-03
NBB filing
Annual accounts filed
fiscal year 2000 · abbreviated schema · 216 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Oostende · 1 establishment unit since 1979
Ground area
617 m²
Building footprint
550 m²
Volume, LiDAR
10,630 m³
2 parcels, Flanders · tallest building 26.0 m, ±8 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Alfons Pieterslaan 101, 8400 Oostende
since 19792.015.765.017
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35386D0207/00B002 | Flanders | 346 m² | 1 · 346 m² | 24.0 m · 8 fl. |
| 35386D0246/00G003 | Flanders | 271 m² | 1 · 203 m² | 26.0 m · 7 fl. |
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.
Identification & contact
Identification
Legal formLimited partnership
Founded09-01-1979
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.