COMAHA
ActiveSummary
COMAHA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €149k and a net result of €61k. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 2284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+1
Solvency51▼-35
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.86 in 2024; short-term debt: 71.5% and cash: 10.6% of total assets), and 73.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.3%
Return on assets
10.7%
Age of the figures
9 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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 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
22 d late
2024
25 d late
2023
29 d late
2022
22 d late
2021
30 d late
2020
30 d late
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€149k▼ 61.0%
2024 · €384k
2018: €105klowest in 8 years
2019: €154k▲ +46.5% vs 2018
2020: €177k▲ +14.8% vs 2019
2021: €189k▲ +6.4% vs 2020
2022: €287k▲ +52.4% vs 2021
2023: €322k▲ +11.9% vs 2022
2024: €384k▲ +19.3% vs 2023highest in 8 years
2025: €149k▼ -61.0% vs 2024
2018 → 2025
Total assets
€567k▼ 9.4%
2024 · €626k
2018: €528k
2019: €576k▲ +9.1% vs 2018
2020: €565k▼ -2.0% vs 2019
2021: €528k▼ -6.6% vs 2020lowest in 8 years
2022: €578k▲ +9.5% vs 2021
2023: €800k▲ +38.5% vs 2022highest in 8 years
2024: €626k▼ -21.8% vs 2023
2025: €567k▼ -9.4% vs 2024
2018 → 2025
Net result
€61k▼ 1.7%
2024 · €62k
2018: €26k
2019: €49k▲ +86.1% vs 2018
2020: €23k▼ -53.5% vs 2019
2021: €11k▼ -50.4% vs 2020lowest in 8 years
2022: €99k▲ +773% vs 2021highest in 8 years
2023: €71k▼ -28.4% vs 2022
2024: €62k▼ -12.5% vs 2023
2025: €61k▼ -1.7% vs 2024
2018 → 2025
Working capital
€-257k▼ 736%
2024 · €-31k
2018: €-329k
2019: €-346k▼ -4.9% vs 2018lowest in 8 years
2020: €-25k▲ +92.8% vs 2019
2021: €-33k▼ -32.5% vs 2020
2022: €9k▲ +127% vs 2021highest in 8 years
2023: €-138k▼ -1665% vs 2022
2024: €-31k▲ +77.7% vs 2023
2025: €-257k▼ -736% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€189k-€287k▲ 52.4%€322k▲ 11.9%€384k▲ 19.3%€149k▼ 61.0%
2021: €189k
2022: €287k▲ +52.4% vs 2021
2023: €322k▲ +11.9% vs 2022
2024: €384k▲ +19.3% vs 2023highest in 5 years
2025: €149k▼ -61.0% vs 2024lowest in 5 years
Operating result€20k-€137k▲ 589%€112k▼ 18.4%€100k▼ 10.3%€95k▼ 5.4%
2021: €20klowest in 5 years
2022: €137k▲ +589% vs 2021highest in 5 years
2023: €112k▼ -18.4% vs 2022
2024: €100k▼ -10.3% vs 2023
2025: €95k▼ -5.4% vs 2024
Net result€11k-€99k▲ 773%€71k▼ 28.4%€62k▼ 12.5%€61k▼ 1.7%
2021: €11klowest in 5 years
2022: €99k▲ +773% vs 2021highest in 5 years
2023: €71k▼ -28.4% vs 2022
2024: €62k▼ -12.5% vs 2023
2025: €61k▼ -1.7% vs 2024
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; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €567k
Fixed assets
€418k ▼ 4.8%
Current assets
€149k ▼ 20.2%
Equity and liabilities €567k
Equity
€149k ▼ 61.0%
Debt
€418k ▲ 72.3%
Debt's share of the balance-sheet total rises from 38.7% to 73.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€116k▼
2024 · €131k
Cash flow
€82k▼
2024 · €93k
Current ratio
0.37▼
2024 · 0.86
Debt to equity
2.80▲
2024 · 0.63
ROE
40.8%▲
2024 · 16.1%
ROA
10.7%▲
2024 · 9.9%
Interest coverage
9.53▲
2024 · 7.59
Debt ≤ 1 year
€406k▲
2024 · €217k
Income taxes
€22k▲
2024 · €22k
Staff costs
€6k▼
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€626k€567k▼
Fixed assets21/28€439k€418k▼
Tangible fixed assets22/27€362k€341k▼
Land and buildings22€328k€317k▼
Furniture and vehicles24€34k€24k▼
Financial fixed assets28€77k€77k=
Current assets29/58€187k€149k▼
Amounts receivable within one year40/41€98k€89k▼
Trade receivables40€81k€77k▼
Other amounts receivable41€17k€12k▼
Cash at bank and in hand54/58€89k€60k▼
Equity and liabilities
Total equity and liabilities10/49€626k€567k▼
Equity10/15€384k€149k▼
Contributions10/11€19k€19k=
Reserves13€232k€89k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€230k€87k▼
Profit (loss) carried forward14€133k€42k▼
Amounts payable17/49€242k€418k▲
Amounts payable within one year42/48€217k€406k▲
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€7k€10k▲
Taxes450/3€5k€8k▲
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€201k€392k▲
Accrued charges and deferred income492/3€25k€12k▼
Income statement
Code20242025
Remuneration, social security and pensions62€15k€6k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€21k▼
Other operating charges640/8€726€862▲
Gross operating margin9900€147k€123k▼
Operating profit (loss)9901€100k€95k▼
Financial income75/76B€621-
Recurring financial income75€621-
Financial charges65/66B€17k€12k▼
Recurring financial charges65€17k€12k▼
Profit (loss) for the period before taxes9903€83k€83k▼
Income taxes67/77€22k€22k▲
Profit (loss) for the period9904€62k€61k▼
Profit (loss) for the period to be appropriated9905€62k€61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€195k€194k▼
Profit (loss) brought forward from the previous period14P€133k€133k=
Transfer from equity791/2-€204k
Transfer to equity691/2€62k€61k▼
To other reserves6921€62k€61k▼
Profit to be distributed694/7-€295k
Return on contributions (dividend)694-€295k
Social balance
Average headcount (FTE)90870.40.1▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €10k | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €11k | €15k | €6k | ▼ 58.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €24k | €32k | €31k | €21k | ▼ 32.2% |
| Other operating charges640/8 | €1k | €829 | €962 | €726 | €862 | ▲ 18.7% |
| Gross operating margin9900 | €43k | €162k | €156k | €147k | €123k | ▼ 16.4% |
| Operating profit (loss)9901 | €20k | €137k | €112k | €100k | €95k | ▼ 5.4% |
| Financial income75/76B | €0 | - | - | €621 | - | - |
| Recurring financial income75 | €0 | - | - | €621 | - | - |
| Financial charges65/66B | €5k | €4k | €17k | €17k | €12k | ▼ 29.7% |
| Recurring financial charges65 | €5k | €4k | €17k | €17k | €12k | ▼ 29.7% |
| Profit (loss) for the period before taxes9903 | €14k | €132k | €95k | €83k | €83k | ▼ 1.1% |
| Income taxes67/77 | €3k | €33k | €24k | €22k | €22k | ▲ 0.6% |
| Profit (loss) for the period9904 | €11k | €99k | €71k | €62k | €61k | ▼ 1.7% |
| Profit (loss) for the period to be appropriated9905 | €11k | €99k | €71k | €62k | €61k | ▼ 1.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €528k | €578k | €800k | €626k | €567k | ▼ 9.4% |
| Fixed assets21/28 | €475k | €499k | €467k | €439k | €418k | ▼ 4.8% |
| Tangible fixed assets22/27 | €398k | €422k | €391k | €362k | €341k | ▼ 5.8% |
| Land and buildings22 | €358k | €352k | €340k | €328k | €317k | ▼ 3.4% |
| Furniture and vehicles24 | €40k | €70k | €51k | €34k | €24k | ▼ 28.6% |
| Financial fixed assets28 | €77k | €77k | €77k | €77k | €77k | = |
| Current assets29/58 | €53k | €79k | €333k | €187k | €149k | ▼ 20.2% |
| Amounts receivable within one year40/41 | €42k | €71k | €56k | €98k | €89k | ▼ 9.6% |
| Trade receivables40 | €37k | €64k | €41k | €81k | €77k | ▼ 5.1% |
| Other amounts receivable41 | €5k | €6k | €14k | €17k | €12k | ▼ 30.9% |
| Cash at bank and in hand54/58 | €9k | €6k | €276k | €89k | €60k | ▼ 31.9% |
| Deferred charges and accrued income490/1 | €2k | €1k | €1k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €528k | €578k | €800k | €626k | €567k | ▼ 9.4% |
| Equity10/15 | €189k | €287k | €322k | €384k | €149k | ▼ 61.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €135k | €135k | €170k | €232k | €89k | ▼ 61.7% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €134k | €134k | €168k | €230k | €87k | ▼ 62.2% |
| Profit (loss) carried forward14 | €35k | €133k | €133k | €133k | €42k | ▼ 68.4% |
| Amounts payable17/49 | €339k | €290k | €478k | €242k | €418k | ▲ 72.3% |
| Amounts payable after more than one year17 | €251k | €220k | - | - | - | - |
| Financial debts170/4 | €251k | €220k | - | - | - | - |
| Amounts payable within one year42/48 | €86k | €70k | €471k | €217k | €406k | ▲ 86.5% |
| Current portion of amounts payable after more than one year42 | €31k | €31k | - | - | - | - |
| Financial debts43 | - | - | €353 | - | - | - |
| Credit institutions430/8 | - | - | €353 | - | - | - |
| Trade debts44 | €7k | €350 | €16k | €9k | €3k | ▼ 60.2% |
| Suppliers440/4 | €7k | €350 | €16k | €9k | €3k | ▼ 60.2% |
| Taxes, remuneration and social security45 | €12k | €8k | €6k | €7k | €10k | ▲ 31.3% |
| Taxes450/3 | €8k | €8k | €6k | €5k | €8k | ▲ 50.2% |
| Remuneration and social security454/9 | €4k | - | €765 | €2k | €2k | ▼ 22.0% |
| Other amounts payable47/48 | €36k | €30k | €448k | €201k | €392k | ▲ 94.8% |
| Accrued charges and deferred income492/3 | €2k | €755 | €8k | €25k | €12k | ▼ 51.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €99k | €71k | €62k | €61k | ▼ 1.7% |
| + Depreciation and write-downs630 | €22k | €24k | €32k | €31k | €21k | ▼ 32.2% |
| Operating cash flow (approximation) | €34k | €123k | €103k | €93k | €82k | ▼ 11.9% |
| Investment in fixed assets (approximation) | - | €-49k | €0 | €-3k | €0 | ▲ 100% |
| Change in cash | - | €-3k | €269k | €-187k | €-28k | ▲ 84.9% |
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
Next filing, fiscal year 2026, expected by
2026
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 22 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 22 days late
2022
31-12
Financial
Highest result since 2018net €99k ▲773%
Operating result €137k, net result €99k, both a record.
31-12
Financial
Equity above €200kEq €287k ▲52.4%
5 profitable years in a row build equity to €287k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €11k ▼50.4%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 25 days late
2019
31-12
Financial
Equity above €150kEq €154k ▲46.5%
2 profitable years in a row build equity to €154k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Wevelgem · 1 establishment unit since 2014
Ground area
2,253 m²
Building footprint
373 m²
Volume, LiDAR
3,588 m³
Parcel 34302B1184/00A000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
COMAHA
since 20142.227.591.043
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34302B1184/00A000 | Flanders | 2,253 m² | 1 · 373 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 24,515 companies in sector 82990 we hold annual accounts for 9,408. 7,126 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 (pre-2019)
Founded09-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.