Comalin
ActiveComalin has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €969k and a net result of €60k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 68% of 912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+10
Solvency84▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 0.67 in 2024; short-term debt: 6% and cash: 0.3% of total assets), and 41.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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
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
58.8%
Return on assets
3.6%
Age of the figures
12 mo
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 25-04-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
3 d early
2023
8 d early
2022
6 d early
2021
4 d early
2020
25 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€969k▲ 6.6%
2024 · €909k
2018: €654k
2019: €664k
2020: €683k
2021: €859k
2022: €894k
2023: €915k
2024: €909k
2018 → 2025
Total assets
€1.65M▲ 0.4%
2024 · €1.64M
2018: €924k
2019: €1.08M
2020: €1.08M
2021: €1.57M
2022: €1.67M
2023: €1.71M
2024: €1.64M
2018 → 2025
Net result
€60k▲ 451%
2024 · €11k
2018: €14k
2019: €10k
2020: €12k
2021: €15k
2022: €40k
2023: €34k
2024: €11k
2018 → 2025
Working capital
€58k
2024 · €-38k
2018: €29k
2019: €13k
2020: €25k
2021: €-50k
2022: €-46k
2023: €-75k
2024: €-38k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€859k-€894k▲ 4.1%€915k▲ 2.4%€909k▼ 0.6%€969k▲ 6.6%
Operating result€-24k-€7k€-11k€-18k▼ 63.3%€2k
Net result€15k-€40k▲ 169%€34k▼ 13.9%€11k▼ 68.6%€60k▲ 451%
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 returns to profit in 2025: €2k after a loss of €18k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.65M
Fixed assets
€1.49M▼ 4.6%
Current assets
€156k▲ 105%
Equity and liabilities €1.65M
Equity
€969k▲ 6.6%
Provisions
€30k▼ 6.7%
Debt
€649k▼ 7.2%
The debt ratio falls from 42.6% to 39.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58k▲
2024 · €39k
Cash flow
€116k▲
2024 · €68k
Solvency
58.8%▲
2024 · 55.4%
Current ratio
1.59▲
2024 · 0.67
Quick ratio
1.59▲
2024 · 0.67
Debt / equity
0.67▼
2024 · 0.77
ROE
6.2%▲
2024 · 1.2%
ROA
3.6%▲
2024 · 0.7%
Interest coverage
2.38▲
2024 · 1.61
Debt
€649k▼
2024 · €700k
Debt ≤ 1 year
€98k▼
2024 · €114k
Debt > 1 year
€530k▼
2024 · €564k
Income taxes
€9k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.64M€1.65M▲
Fixed assets21/28€1.56M€1.49M▼
Tangible fixed assets22/27€1.47M€1.41M▼
Land and buildings22€1.46M€1.41M▼
Furniture and vehicles24€10k€8k▼
Financial fixed assets28€93k€77k▼
Current assets29/58€76k€156k▲
Amounts receivable within one year40/41€54k€127k▲
Trade receivables40€3k€86k▲
Other amounts receivable41€51k€41k▼
Current investments50/53€10k€14k▲
Cash at bank and in hand54/58€4k€5k▲
Deferred charges and accrued income490/1€9k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.64M€1.65M▲
Equity10/15€909k€969k▲
Contributions10/11€225k€225k=
Revaluation surpluses12€45k€45k=
Reserves13€639k€697k▲
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Tax-exempt reserves132€96k€89k▼
Distributable reserves133€538k€603k▲
Profit (loss) carried forward14€342€1k▲
Provisions and deferred taxes16€32k€30k▼
Deferred taxes168€32k€30k▼
Amounts payable17/49€700k€649k▼
Amounts payable after more than one year17€564k€530k▼
Financial debts170/4€334k€280k▼
Other amounts payable178/9€230k€250k▲
Amounts payable within one year42/48€114k€98k▼
Current portion of amounts payable after more than one year42€55k€55k=
Trade debts44€9k€140▼
Suppliers440/4€9k€140▼
Taxes, remuneration and social security45€8k€17k▲
Taxes450/3€8k€17k▲
Other amounts payable47/48€42k€26k▼
Accrued charges and deferred income492/3€21k€21k▼
Income statement
Code20242025
Non-recurring operating income76A€1k€272▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€56k▼
Other operating charges640/8€14k€14k▲
Gross operating margin9900€53k€72k▲
Operating profit (loss)9901€-18k€2k▲
Financial income75/76B€52k€89k▲
Recurring financial income75€52k€89k▲
Financial charges65/66B€24k€24k▼
Recurring financial charges65€24k€24k▼
Profit (loss) for the period before taxes9903€10k€66k▲
Transfer from deferred taxes780€2k€2k▼
Income taxes67/77€2k€9k▲
Profit (loss) for the period9904€11k€60k▲
Transfer from tax-exempt reserves789€7k€6k▼
Profit (loss) for the period to be appropriated9905€18k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€66k▲
Profit (loss) brought forward from the previous period14P€624€342▼
Transfer from equity791/2€17k-
Transfer to equity691/2€18k€65k▲
To other reserves6921€18k€65k▲
Profit to be distributed694/7€17k-
Return on contributions (dividend)694€17k-
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €60k ▲451%
Net result €60k, the highest in the series.
30-09
Financial
Liquidity doublescurrent ratio 1.59
Current ratio from 0.67 to 1.59; short-term debt falls from €114k to €98k.
27-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €10k ▼30.8%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oostende · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Waterlelielaan 98400 OostendeGround area
751 m²
Building footprint
319 m²
Volume, LiDAR
3,009 m³
2 parcels, Flanders · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Comalin
since 20052.145.684.837
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0282/02H000 | Flanders | 612 m² | 1 · 180 m² | 8.7 m · 2 fl. |
| 35383C0353/02G005 | Flanders | 139 m² | 1 · 139 m² | 18.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VAN SASSENBROUCK
BE 0440.835.801
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KP & CO EXPRESS SERVICE
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GP Solutions
BE 0457.361.334
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BREL
BE 0724.599.502
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COESENS RENTING SERVICE
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Geraardsbergen · Eq €939k
Of 1,443 companies in sector 77110 we hold annual accounts for 726. 362 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2005
Fiscal year end30-09
Activities, NACEBEL
74122
77110Renting and leasing of cars and light motor vehicles
64200Holdings
64210Activities of holding companies
69201Certified accountants and tax accountants
69202Legal and accounting activities
74121
74124
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.