Turnover
≈ €43,000 estimated
The micro format states no turnover.
CoMaDe
Overview
Lifetime
2 annual accounts with figures on one time axispeak €13,142 (2025)
€13,142▲ 16×
lowest -€3,311 (2024)
€11,570▲ €14,880
peak €10,259 (2025)
€10,259▲ €11,570
€4,442▼ 44.2%
Board2 names since 2023
2 directorsDENOLF Katleen and 1 other
Documentsfilings and deeds
27-02-202662 days before the deadline
2025micro format
Gross margin from €826 to €13,142Back to profit: €11,570Equity from -€1,311 to €10,259Debts from €7,963 to €4,442Cash from €4,164 to €9,230
Key points
from the 2025 annual accountsLiquidity
3.31 was 0.84 in 2024
Short-term debts fell from €7,963 to €4,442.
Starting capital
€2,000 200 shares
Checked score
98
Excellent
Financially stronger than 86% of micro companies in film, video and music (NACE 59)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,576 companies (NACE 59, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025highest value
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025
05-2025: 0.6%▼ -1.1 percentage points vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.7%▲ +0.1 percentage points vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.2%▼ -0.5 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €14,701
lowers risk
Liquidity: current ratio 3.31, cash €9,230
Sector: Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
Figures for financial year 2025 (filed on 05-03-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 59, micro). It does better than 73% of them on solvency, 82% on liquidity, 92% on profitability and 99% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as CoMaDe has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CoMaDe itself is lower: 0.1% within 12 months. It rests on far more data about CoMaDe than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 39,278 companies, not a prediction for CoMaDe. 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.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.31 (0.84 in 2024), above the usual 1.5. Short-term debt is 30.2% and cash 62.8% of total assets. 30.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-02-2026, 62 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
62 days early
2024
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 46 days before the deadline. In the sector (NACE 59), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Board and ownership
- MANNAERTS Jo 100 sharesdeed of 06-01-2023
- DENOLF Katleen 100 sharesdeed of 06-01-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0795742072
Incorporation
Founding capital of €2,000, 200 shares · Founders: MANNAERTS Jo and DENOLF Katleen · Appointments: MANNAERTS Jo (director) and DENOLF Katleen (director) · published on 06-01-2023 · Gazette deed
First establishment
Mosvennestraat 22, Aarschot
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CoMaDe Aarschot | €14,701 | €13,142 | 69.8% | - |
| Quarante-Quatre Aubange | €20,016 | €21,357 | 80.0% | - |
| Two Helping Hands Edegem | €25,924 | €14,113 | 73.8% | - |
| BLEUDORE Forest | €14,190 | €8,119 | 79.7% | - |
| AMFILMS Ixelles | €15,354 | €5,268 | 57.4% | - |
| FILMASY Brussels | €9,059 | €6,446 | 22.6% | - |
| Ad Astra Production Forest | €15,710 | €12,137 | 48.6% | - |
These companies have the same main activity as CoMaDe: video and film production, excluding cinema and television films (NACE 59113). They are comparable in size and age: total assets between €9,060 and €25,900, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 04-01-2023Normal situation
- Activity
- Video and film production, excluding cinema and television filmsNACE 59113and 4 others
- Establishment unit
- 2.339.890.0223201 Aarschot, since 04-01-2023
- Financial year end
- 30 September
- Peppol
- Reachable since 05-10-2025
Annual accounts to 30-09-2025
- €13,142▲ 16×
- €11,570
- €10,259
- €14,701▲ 121%
- Filing
- Filed on 27-02-2026, 62 days before the end of the filing period
Insights on CoMaDe
CoMaDe has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,259 and a net result of €11,570.
Its solvency ranks better than 71% of 1,871 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 27-02-2026, 62 days before the deadline€13,142
▲ 16×
€12,755
▲ €16,033
€11,570
▲ €14,880
€10,259
▲ €11,570
69.8%
▲ 89.5 percentage points
3.31
▲ 2.47
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €43,000. Estimated: probably between €26,000 and €98,000.
Balance sheet
balance sheet total €14,701 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
69.8%
Higher than 71% of 1,871 companies in 2025.
3.31
Higher than 72% of 1,776 companies in 2025.
78.7%
Higher than 95% of 1,795 companies in 2025.
CoMaDe
Middle half of the sector
80% of the sector
Micro accounts in film, video and music (NACE 59)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
14,701 | 6,653 | |
29/58 |
14,701 | 6,653 | |
40/41 |
5,471 | 2,489 | |
40 |
4,755 | 1,398 | |
41 |
715 | 1,091 | |
54/58 |
9,230 | 4,164 | |
| Balance sheet: equity and liabilities | |||
10/49 |
14,701 | 6,653 | |
10/15 |
10,259 | -1,311 | |
10/11 |
2,000 | 2,000 | |
13 |
8,259 | - | |
133 |
8,259 | - | |
14 |
0 | -3,311 | |
17/49 |
4,442 | 7,963 | |
42/48 |
4,442 | 7,963 | |
44 |
1,126 | 808 | |
440/4 |
1,126 | 808 | |
45 |
826 | 0 | |
450/3 |
826 | 0 | |
47/48 |
2,490 | 7,155 | |
| Income statement | |||
9900 |
13,142 | 826 | |
62 |
0 | 4,095 | |
640/8 |
387 | 9 | |
9901 |
12,755 | -3,278 | |
75/76B |
0 | - | |
75 |
0 | - | |
65/66B |
89 | 33 | |
65 |
89 | 33 | |
9903 |
12,666 | -3,311 | |
67/77 |
1,096 | - | |
9904 |
11,570 | -3,311 | |
9905 |
11,570 | -3,311 | |
| Appropriation of the result | |||
9906 |
8,259 | -3,311 | |
14P |
-3,311 | - | |
691/2 |
8,259 | - | |
6921 |
8,259 | - | |
| Document | |||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 27-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 5,067 | - | ||
| 10,259 | -1,311 | ||
| 69.8% | -19.7% | ||
| 3.31 | 0.84 | ||
| 0.43 | - | ||
| 112.8% | - | ||
| 78.7% | -49.8% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on CoMaDe
The operating result for 2025 is a profit of €12,755, after a loss of €3,278 in 2024.
Debt's share of the balance-sheet total is 30.2%.
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
since 03-01-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 27-02-2026
Director (not named in the articles)
since 03-01-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 27-02-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 06-01-2023
Mandates through the years
2 names, the dashed line is todayDENOLF Katleen
Director (not named in the articles)
Director (not named in the articles)
MANNAERTS Jo
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DENOLF Katleen
- Director (not named in the articles), from 03-01-2023 to date
- MANNAERTS Jo
- Director (not named in the articles), from 03-01-2023 to date
Control
Capital
- Contribution
- €2,000
- Shares
- 200
- Contribution per share
- €10
- Equity per share
- €51.29 in 2025
- Source
- deed of 06-01-2023
Articles of association
deed of 06-01-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Wednesday of February at 11:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 06-01-2023 ↗
- MANNAERTS Jo 100 shares (50%) · €1,000
- DENOLF Katleen 100 shares (50%) · €1,000
Network & group
No group
CoMaDe has no parent and no holdings in its annual accounts. CoMaDe shares no director with another company.
Timeline
Timeline
7 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · 62 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0795742072
Back to profit net €11,570 The net result is €11,570, after one loss-making year.
Liquidity more than triples current ratio 3.31 The current ratio rises from 0.84 to 3.31. Short-term debt falls from €7,963 to €4,442.
Annual accounts 2024 filed PDFmicro format · 30 days before the deadline
2023
IncorporationFounding capital of €2,000, 200 shares · Founders: MANNAERTS Jo and DENOLF Katleen · Appointments: MANNAERTS Jo (director) and DENOLF Katleen (director) · published on 06-01-20236 points ▸
- Board rule, 2
- Director appointment, MANNAERTS Jo (director (not named in the articles))
- Director appointment, DENOLF Katleen (director (not named in the articles))
- Founder, MANNAERTS Jo
- Founder, DENOLF Katleen
- Founding capital, €2,000, 200 shares
- The deed holds 3 more points.
First establishment Mosvennestraat 22, Aarschot
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0795.742.072
- VAT number
- BE 0795.742.072
- Peppol ID
- 0208:0795742072
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 04-01-2023
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Wednesday of February at 11:00deed of 06-01-2023 (in Dutch)
- Peppol
- Reachable since 05-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- CoMaDe in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 06-01-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 06-01-2023 (in Dutch)
Activities
NACEBEL 202559113
Video and film production, excluding cinema and television films main activity
Codes under NACEBEL 2008
59113
Motion picture, video and television programme production, sound recording and music publishing activities main activity
59140
Motion picture, video and television programme production, sound recording and music publishing activities
74201
Photography, excluding press photography
74209
Other photographic activities
90023
Arts creation and performing arts activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Holdingmaatschappij; onder eender welke vorm participaties verwerven en/of aan te houden in bestaande en nog op te richten maatschappijen…”deed of 06-01-2023 (in Dutch)
29 activities
- Holdingmaatschappij; onder eender welke vorm participaties verwerven en/of aan te houden in bestaande en nog op te richten maatschappijen;
- Alle daden van beheer,bijstand en management van industriële en handelsvennootschappen,zowel door rechtstreekse deelname aan het bestuur als bij wijze van managementovereenkomst,zonder dat deze opsomming beperkend is;
- Het verlenen van diensten in de meest ruime zin aan bedrijven,ondernemingen en overheidsorganisaties in verband met de organisatie,management en ontwikkeling van hun beroepsactiviteiten;
- De aankoop,de verkoop van alle onroerende goederen zowel onbebouwde als gebouwen aller aard; de bemiddeling bij dergelijke operaties,de oprichting,aanpassing en herstelling voor eigen rekening of voor rekening van derden ten titel van aanneming,en dit van alle gebouwen of constructies; het verkavelen,uitrusten en tot waarde brengen van alle onroerende goederen voor eigen rekening of voor rekening van derden; het verrichten van alle studies,het opmaken van alle ontwerpen,ook voor rekening van derden en het verlenen van alle adviezen in verband met bovengemelde activiteiten; het in eigendom behouden en uitbaten van alle onroerende goederen,zowel onbebouwde als gebouwen,het verhuren,huren,onderverhuren of onderhuren,beheren voor eigen rekening of voor rekening van derden van alle onroerende goederen; het verrichten van geldleningen en het stellen van waarborgen voor derden;
- Yoga
- Wellness
- Coaching
- Aankoop/verkoop dranken (wijnen,...)
- Immo
- Retraites/workshops
- Voedingsadvies
- Catering
- Feestjes/events
- Audiovisuele ondersteuning
- Regie video/ event
- Bijlesbureau live/online
- Lezingen
- Bijscholingen
- Videoproductie
- Fotografie
- Koerier
- Consultant
- Wetenschappelijk schrijven
- Vakantiehuis verhuur
- Luchtopnames video/foto
- Cursus ontwikkeling
- Webwinkel
- Artiest/kunst
- Auteur
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Mosvennestraat 22 registered office 3201 Aarschot 5911301 Video and film production, excluding cinema and television films | 04-01-2023 | 2.339.890.022 |
Buildings and parcels at the address
- Ground area
- 1,230 m²
- Buildings
- 207 m²
- Volume, LiDAR
- 906 m³
- Tallest building
- 8.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24060A0194/00X000 | 1,230 m² | 1 · 207 m² | 8.4 m · 2 |