Losses
Every financial year from 2019 to 2025 closed with a loss. 2025 was the heaviest.
Every financial year from 2019 to 2025 closed with a loss. 2025 was the heaviest.
Ten of the last ten came late. The 2019 accounts came latest: 71 days after the end of the period.
Lower net result than 81% of companies in financial services. Sector median €103,919 · 3,044 companies.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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.
These companies have the same main activity as COMAN: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €1.2m and €1.5m, founded between 1991 and 2000.
The gross margin has grown every year since 2022.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 78% of 3,042 companies in 2025.
Higher than 9% of 3,034 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
1.4m | 1.5m | 60,049 | 69,274 | 81,097 | 101,651 | 89,293 | 635,440 | 618,319 | 1.2m | 1.1m | 1.1m | 1.0m | 1.4m | 1.3m | 1.3m | 1.2m | 1.2m | 1.2m | 1.1m | |
21/28 |
1.4m | 1.5m | 55,720 | 60,730 | 73,406 | 86,727 | 77,103 | 86,249 | 95,396 | 156,818 | 168,240 | 180,052 | 182,763 | 192,708 | 202,053 | 211,511 | 221,136 | 241,433 | 262,827 | 284,222 | |
22/27 |
1.4m | 1.5m | 55,521 | 60,531 | 73,207 | 86,528 | 76,904 | 86,051 | 95,197 | 106,619 | 118,041 | 129,854 | 132,565 | 142,509 | 151,854 | 161,312 | 170,937 | 191,234 | 212,629 | 234,023 | |
22 |
1.4m | 1.5m | 55,022 | 59,886 | 73,207 | 86,528 | 76,904 | 86,051 | 95,197 | 104,344 | 113,490 | 122,878 | 132,265 | 141,771 | 151,277 | 160,783 | 170,620 | 180,458 | 191,076 | 201,695 | |
23 |
207 | 353 | 499 | 645 | - | - | - | - | - | - | - | 150 | 300 | 738 | 578 | 530 | 317 | - | - | - | |
24 |
- | - | - | - | - | - | - | - | - | 2,275 | 4,551 | 6,826 | - | - | - | - | - | 10,776 | 21,552 | 32,328 | |
28 |
199 | 199 | 199 | 199 | 199 | 199 | 199 | 199 | 199 | 50,199 | 50,199 | 50,199 | 50,199 | 50,199 | 50,199 | 50,199 | 50,199 | 50,199 | 50,199 | 50,199 | |
29/58 |
4,282 | 2,433 | 4,329 | 8,545 | 7,692 | 14,924 | 12,190 | 549,191 | 522,923 | 1.0m | 974,246 | 927,330 | 863,699 | 1.2m | 1.1m | 1.1m | 1.0m | 970,315 | 910,683 | 819,936 | |
40/41 |
- | 165 | 129 | 4,598 | 5,193 | 12,003 | 4,707 | 525,835 | 479,812 | 982,887 | 934,470 | 890,532 | 827,961 | 746,194 | 1.1m | 1.0m | 974,156 | 928,409 | 867,721 | 781,569 | |
40 |
- | 90 | - | 4,598 | 4,598 | 12,003 | 4,598 | 7,018 | 7,018 | 11,979 | 11,858 | 15,488 | - | - | - | - | - | - | - | 26,480 | |
41 |
- | 75 | 129 | - | 595 | - | 109 | 518,817 | 472,794 | 970,908 | 922,612 | 875,044 | 827,961 | 746,194 | 1.1m | 1.0m | 974,156 | 928,409 | 867,721 | 755,089 | |
54/58 |
2,895 | 2,268 | 4,038 | 3,185 | 2,347 | 2,921 | 7,484 | 2,352 | 3,649 | 1,216 | 3,219 | 2,227 | 3,846 | 391,001 | 3,801 | 4,121 | 3,005 | 5,640 | 9,668 | 6,390 | |
490/1 |
1,387 | - | 162 | 761 | 152 | - | - | 21,003 | 39,462 | 38,548 | 36,557 | 34,570 | 31,892 | 44,316 | 42,805 | 40,693 | 38,578 | 36,266 | 33,294 | 31,977 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
1.4m | 1.5m | 60,049 | 69,274 | 81,097 | 101,651 | 89,293 | 635,440 | 618,319 | 1.2m | 1.1m | 1.1m | 1.0m | 1.4m | 1.3m | 1.3m | 1.2m | 1.2m | 1.2m | 1.1m | |
10/15 |
1.3m | 1.3m | -70,700 | -53,430 | -22,759 | 4,621 | 44,171 | 599,371 | 596,554 | 572,199 | 517,897 | 488,274 | 438,555 | 401,209 | 342,440 | 309,772 | 276,826 | 252,542 | 263,128 | 264,337 | |
10/11 |
300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | |
10 |
300,000 | 300,000 | 300,000 | 300,000 | 300,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | 850,000 | |
12 |
1.3m | 1.4m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
55,966 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
55,966 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-446,430 | -383,445 | -370,700 | -353,430 | -322,759 | -295,379 | -255,829 | -250,629 | -253,446 | -277,801 | -332,103 | -361,726 | -411,445 | -448,791 | -507,560 | -540,228 | -573,174 | -597,458 | -586,872 | -585,663 | |
17/49 |
143,928 | 137,277 | 130,749 | 122,704 | 103,856 | 97,030 | 45,122 | 36,069 | 21,765 | 607,270 | 624,589 | 619,108 | 607,907 | 973,009 | 985,961 | 973,451 | 960,049 | 959,206 | 910,382 | 839,821 | |
17 |
90,000 | 90,000 | 90,000 | 90,000 | 80,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
170/4 |
90,000 | 90,000 | 90,000 | 90,000 | 80,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
53,714 | 47,277 | 40,749 | 31,753 | 23,856 | 89,424 | 44,779 | 34,803 | 21,765 | 607,192 | 624,589 | 619,080 | 607,907 | 973,009 | 985,755 | 973,094 | 960,049 | 928,097 | 881,293 | 803,935 | |
44 |
1,767 | 604 | 1,605 | 1,959 | 1,436 | 501 | 1,719 | 1,377 | 2,093 | 2,154 | 1,632 | 1,685 | 778 | 1,811 | 1,824 | 1,552 | 2,408 | 1,249 | 523 | 2,758 | |
440/4 |
1,767 | 604 | 1,605 | 1,959 | 1,436 | 501 | 1,719 | 1,377 | 2,093 | 2,154 | 1,632 | 1,685 | 778 | 1,811 | 1,824 | 1,552 | 2,408 | 1,249 | 523 | 2,758 | |
45 |
1,114 | 1,666 | 2,162 | 1,177 | 1,230 | 2,301 | 893 | 2,323 | 983 | 2,389 | 2,176 | - | 1,776 | - | - | - | - | 10,623 | 5,359 | 1,833 | |
450/3 |
1,114 | 1,666 | 2,162 | 1,177 | 1,230 | 2,301 | 893 | 2,323 | 983 | 2,389 | 2,176 | - | 1,776 | - | - | - | - | 10,623 | 5,359 | 1,833 | |
47/48 |
50,834 | 45,007 | 36,983 | 28,617 | 21,190 | 86,622 | 42,167 | 31,103 | 18,689 | 602,649 | 620,780 | 617,395 | 605,352 | 971,198 | 983,932 | 971,542 | 957,640 | 916,225 | 875,411 | 799,344 | |
492/3 |
214 | - | - | 951 | - | 7,606 | 343 | 1,266 | - | 78 | - | 28 | - | - | 205 | 357 | - | 31,109 | 29,089 | 35,886 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | 7,000 | 8,900 | 12,200 | - | - | - | - | - | - | - | - | - | - | |
76A |
- | - | - | - | - | - | 700 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
1,675 | -1,374 | -5,195 | -8,744 | -6,727 | -17,438 | 8,518 | -699 | 2,196 | 33,626 | 12,595 | 30,998 | 23,523 | 30,228 | 5,156 | 9,693 | 10,319 | 14,087 | 24,786 | -7,131 | |
60/61 |
- | - | - | - | - | - | - | 23,582 | 22,547 | 23,330 | - | - | - | - | - | - | - | - | - | - | |
630 |
58,183 | 4,321 | 5,010 | 13,407 | 13,321 | 11,250 | 9,146 | 9,146 | 11,422 | 11,422 | 11,813 | 11,813 | 9,944 | 9,944 | 9,953 | 10,120 | 20,772 | 21,394 | 21,394 | 21,482 | |
640/8 |
5,513 | 5,904 | 6,164 | 7,334 | 6,079 | 9,566 | 3,858 | 7,443 | 4,864 | 6,400 | 7,726 | 4,046 | 7,297 | 4,634 | 3,776 | 5,742 | 3,484 | 2,907 | 3,625 | 4,228 | |
9901 |
-62,021 | -11,599 | -16,369 | -29,485 | -26,127 | -38,254 | -4,486 | -17,289 | -14,091 | 15,804 | -6,944 | 15,139 | 6,282 | 15,650 | -8,573 | -6,169 | -13,937 | -10,215 | -234 | -32,841 | |
75/76B |
9 | 9 | 7 | 3 | - | 1 | 0 | 20,727 | 39,462 | 38,548 | 36,567 | 34,642 | 31,895 | 44,331 | 42,807 | 40,695 | 38,585 | 36,275 | 33,299 | 30,058 | |
75 |
9 | 9 | 7 | 3 | - | 1 | 0 | 20,727 | 39,462 | 38,548 | 36,567 | 34,642 | 31,895 | 44,331 | 42,807 | 40,695 | 38,585 | 36,275 | 33,299 | 30,058 | |
65/66B |
478 | 630 | 365 | 643 | 717 | 802 | 38 | 24 | 33 | 50 | 0 | 62 | 830 | 1,209 | 1,565 | 1,580 | 363 | 36,644 | 34,274 | 35,907 | |
65 |
478 | 630 | 365 | 643 | 717 | 802 | 38 | 24 | 33 | 50 | 0 | 62 | 830 | 1,209 | 1,565 | 1,580 | 363 | 36,644 | 34,274 | 35,907 | |
9903 |
-62,490 | -12,221 | -16,726 | -30,125 | -26,844 | -39,055 | -4,525 | 3,415 | 25,338 | 54,302 | 29,623 | 49,719 | 37,347 | 58,772 | 32,669 | 32,946 | 24,285 | -10,584 | -1,208 | -38,689 | |
67/77 |
496 | 524 | 545 | 546 | 537 | 495 | 676 | 597 | 983 | - | - | - | 1 | 3 | 0 | 0 | 1 | 1 | 1 | - | |
9904 |
-62,985 | -12,745 | -17,271 | -30,671 | -27,380 | -39,550 | -5,200 | 2,817 | 24,355 | 54,302 | 29,623 | 49,719 | 37,346 | 58,769 | 32,668 | 32,946 | 24,284 | -10,585 | -1,209 | -38,689 | |
9905 |
-62,985 | -12,745 | -17,271 | -30,671 | -27,380 | -39,550 | -5,200 | 2,817 | 24,355 | 54,302 | 29,623 | 49,719 | 37,346 | 58,769 | 32,668 | 32,946 | 24,284 | -10,585 | -1,209 | -38,689 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-446,430 | -383,445 | -370,700 | -353,430 | -322,759 | -295,379 | -255,829 | -250,629 | -253,446 | -277,801 | -332,103 | -361,726 | -411,445 | -448,791 | -507,560 | -540,228 | -573,174 | -597,458 | -586,872 | -585,663 | |
14P |
-383,445 | -370,700 | -353,430 | -322,759 | -295,379 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 12 older financial years (1993-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 11-08-2026.
2025 annual accounts filed 11 days after the deadline. Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00396535.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 11-08-2026 | 2026-00396535 | |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00435681 | |
| 31-12-2023 | abbreviated format | 17-08-2024 | 2024-00353612 | |
| 31-12-2022 | abbreviated format | 12-08-2023 | 2023-00326403 | |
| 31-12-2021 | abbreviated format | 16-08-2022 | 2022-20292490 | |
| 31-12-2020 | abbreviated format | 24-08-2021 | 2021-53100402 | |
| 31-12-2019 | abbreviated format | 10-10-2020 | 2020-61000438 | |
| 31-12-2018 | abbreviated format | 26-09-2019 | 2019-66200289 | |
| 31-12-2017 | abbreviated format | 09-10-2018 | 2018-69000408 | |
| 31-12-2016 | abbreviated format | 19-09-2017 | 2017-61800197 | |
| 31-12-2015 | abbreviated format | 09-09-2016 | 2016-59800374 | |
| 31-12-2014 | abbreviated format | 08-09-2015 | 2015-58500549 | |
| 31-12-2013 | abbreviated format | 28-08-2014 | 2014-53300135 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-56900364 | |
| 31-12-2011 | abbreviated format | 14-09-2012 | 2012-56500595 | |
| 31-12-2010 | abbreviated format | 29-08-2011 | 2011-52500050 | |
| 31-12-2009 | abbreviated format | 27-08-2010 | 2010-46800561 | |
| 31-12-2008 | abbreviated format | 29-08-2009 | 2009-74300162 | |
| 31-12-2007 | abbreviated format | 27-11-2008 | 2008-82800273 | |
| 31-12-2006 | abbreviated format | 30-08-2007 | 2007-69000068 | |
| 31-12-2005 | abbreviated format | 03-08-2006 | 2006-60501810 | |
| 31-12-2004 | abbreviated format | 29-09-2005 | 2005-76105293 | |
| 31-12-2003 | abbreviated format | 02-09-2004 | 2004-61800230 | |
| 31-12-2002 | abbreviated format | 06-11-2003 | 2003-77600236 | |
| 31-12-2001 | abbreviated format | 02-09-2002 | 2002-52300013 | |
| 31-12-2000 | abbreviated format | 08-08-2001 | 2001-48600055 | |
| 31-12-1999 | abbreviated format | 02-10-2000 | 2000-59400254 | |
| 31-12-1998 | abbreviated format | 28-10-1999 | 1999-55502483 | |
| 31-12-1997 | abbreviated format | 24-09-1998 | 1998-48601069 | |
| 31-12-1996 | abbreviated format | 29-08-1997 | 1997-40703240 | |
| 31-12-1994 | abbreviated format | 29-12-1995 | 1995-62100867 | |
| 31-12-1993 | abbreviated format | 15-09-1994 | 1994-39801730 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 1.4m | 0 | 731 | 0 | 20,874 | 0 | 0 | -50,000 | 0 | 0 | 9,102 | 0 | 599 | 495 | 495 | 475 | 0 | 0 | 4,071 | ||
| 627 | -1,770 | 852 | 839 | -575 | -4,562 | 5,131 | -1,296 | 2,432 | -2,002 | 991 | -1,618 | -387,155 | 387,200 | -320 | 1,116 | -2,635 | -4,028 | 3,278 | - | ||
| 89.7% | 90.6% | -117.7% | -77.1% | -28.1% | 4.5% | 49.5% | 94.3% | 96.5% | 48.5% | 45.3% | 44.1% | 41.9% | 29.2% | 25.8% | 24.1% | 22.4% | 20.8% | 22.4% | 23.9% | ||
| -5.0% | -1.0% | - | - | - | -855.8% | -11.8% | 0.5% | 4.1% | 9.5% | 5.7% | 10.2% | 8.5% | 14.6% | 9.5% | 10.6% | 8.8% | -4.2% | -0.5% | -14.6% | ||
| -4.5% | -0.9% | -28.8% | -44.3% | -33.8% | -38.9% | -5.8% | 0.4% | 3.9% | 4.6% | 2.6% | 4.5% | 3.6% | 4.3% | 2.5% | 2.6% | 2.0% | -0.9% | -0.1% | -3.5% |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €731 | - |
| €58,183 | €4,321 | €5,010 | €13,407 | €13,321 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €62,021, larger than the loss of €11,599 in 2024. It is the lowest result since 2006.
Debt's share of the balance-sheet total rises from 9.4% to 10.3%. Equity is lower and debt is higher.
Source: list of holdings in its own 2025 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2007, in their own currency.
| LC Worx
registered office since 16-09-2021 · founded in 2021 · negative equity (2025) |
total assets €76,288 (2025) 0773.963.988 |
| Carvadivita
registered office since 17-12-2012 · founded in 2012 |
total assets €20,793 (2025) 0508.482.413 |
The network starts from the directors of COMAN. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Sint Odilialaan 74 registered office 3930 Hamont-Achel 6920101 Certified accountants and tax accountants | 14-04-1993 | 2.061.687.092 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 72001A0005/00H049 | 2,476 m² | 1 · 409 m² | 9.5 m · 2 |
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