COMASE SERVICES
ActiveSummary
COMASE SERVICES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €74,080. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 78% of 1453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-3
Solvency93▼-7
Growth72▼-4
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity ample (current ratio 1.74 against 2.0 in 2024; short-term debt: 25.2% and cash: 4.2% of total assets), and 32.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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
67.8%
Return on assets
4%
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
13 d early
2023
89 d early
2022
38 d early
2021
43 d early
2020
11 d early
2019
86 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, full schema
In the rankings
#8 company by equity in Charleroi, Telecoms and IT sector#10 employer in Charleroi, Telecoms and IT sector#10 company by total assets in Charleroi, Telecoms and IT sector
Turnover
€915,636▼ 13.9%
2024 · €1.1m
EBIT margin
11.0%▼ 6.8pp
2024 · 17.8%
Net result
€74,080▼ 45.1%
2024 · €134,841
Working capital
€341,826▲ 62.7%
2024 · €210,099
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€480,668▲ 0.8%€511,326▲ 6.4%€497,741▼ 2.7%€1.1m▲ 114%€915,636▼ 13.9%
Operating result€196,027▲ 34.4%€240,059▲ 22.5%€181,496▼ 24.4%€189,318▲ 4.3%€100,395▼ 47.0%
Net result€146,879within the sector's middle half▲ 54.6%€177,573above the sector's middle half▲ 20.9%€144,324within the sector's middle half▼ 18.7%€134,841within the sector's middle half▼ 6.6%€74,080within the sector's middle half▼ 45.1%
EBIT margin40.8%▲ 10.2pp46.9%▲ 6.2pp36.5%▼ 10.5pp17.8%▼ 18.7pp11.0%▼ 6.8pp
Equity€728,419within the sector's middle half▲ 24.3%€901,493within the sector's middle half▲ 23.8%€1.0mwithin the sector's middle half▲ 15.5%€1.2mwithin the sector's middle half▲ 12.5%€1.2mwithin the sector's middle half▲ 5.9%
Total assets€1.4mwithin the sector's middle half▼ 7.0%€1.3mwithin the sector's middle half▼ 5.5%€1.5mwithin the sector's middle half▲ 18.1%€1.5mwithin the sector's middle half▲ 1.8%€1.8mwithin the sector's middle half▲ 19.1%
Debt€625,151▼ 28.1%€377,271▼ 39.7%€468,591▲ 24.2%€364,891▼ 22.1%€589,288▲ 61.5%
Working capital-€159,443below the sector's middle half▲ 33.4%-€66,866below the sector's middle half▲ 58.1%€88,656within the sector's middle half€210,099within the sector's middle half▲ 137%€341,826within the sector's middle half▲ 62.7%
Solvency53.8%within the sector's middle half▲ 13.5pp70.5%above the sector's middle half▲ 16.7pp69.0%above the sector's middle half▼ 1.5pp76.3%above the sector's middle half▲ 7.3pp67.8%above the sector's middle half▼ 8.4pp
Current ratio0.63below the sector's middle half▲ 0.080.76below the sector's middle half▲ 0.131.47within the sector's middle half▲ 0.722.00within the sector's middle half▲ 0.531.74within the sector's middle half▼ 0.26
Return on assets (ROA)10.9%within the sector's middle half▲ 4.3pp13.9%within the sector's middle half▲ 3.0pp9.6%within the sector's middle half▼ 4.3pp8.8%within the sector's middle half▼ 0.8pp4.0%within the sector's middle half▼ 4.7pp
Staff (FTE)2.3below the sector's middle half▼ 11.5%2.1below the sector's middle half▼ 8.7%2.5below the sector's middle half▲ 19.0%8within the sector's middle half▲ 220%9.6within the sector's middle half▲ 20.0%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Turnover +114% on 2023. This fiscal year ran 15 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 47% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€1.0m ▼ 8.0%
Current assets
€803,075 ▲ 91.6%
Equity and liabilities €1.8m
Equity
€1.2m ▲ 5.9%
Debt
€589,288 ▲ 61.5%
Debt's share of the balance-sheet total rises from 23.7% to 32.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€201,923▼
2024 · €320,508
Cash flow
€175,608▼
2024 · €266,030
Debt to equity
0.47▲
2024 · 0.31
ROE
6.0%▼
2024 · 11.5%
Interest coverage
28.41▲
2024 · 26.01
Debt ≤ 1 year
€461,249▲
2024 · €209,124
Debt > 1 year
€125,061▼
2024 · €151,132
Income taxes
€29,876▼
2024 · €47,513
Staff costs
€517,292▼
2024 · €517,794
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €480,668 | €511,326 | €497,741 | €1.1m | €915,636 | ▼ 13.9% |
| Goods, raw materials, services and sundry goods60/61 | - | €169,752 | €213,916 | €272,831 | €202,432 | ▼ 25.8% |
| Remuneration, social security and pensions62 | - | €96,739 | €86,727 | €517,794 | €517,292 | ▼ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €87,908 | €69,717 | €99,661 | €131,189 | €101,528 | ▼ 22.6% |
| Other operating charges640/8 | - | €40,033 | €43,000 | €56,728 | €46,848 | ▼ 17.4% |
| Gross operating margin9900 | €421,348 | €446,548 | €410,883 | €895,029 | €766,064 | ▼ 14.4% |
| Operating profit (loss)9901 | €196,027 | €240,059 | €181,496 | €189,318 | €100,395 | ▼ 47.0% |
| Financial income75/76B | - | €4,500 | €4,500 | €5,359 | €10,669 | ▲ 99.1% |
| Recurring financial income75 | €4,500 | €4,500 | €4,500 | €4,500 | €10,669 | ▲ 137% |
| Non-recurring financial income76B | - | - | - | €860 | - | - |
| Financial charges65/66B | - | €11,217 | €9,741 | €12,324 | €7,108 | ▼ 42.3% |
| Recurring financial charges65 | €17,871 | €11,217 | €9,741 | €12,324 | €7,108 | ▼ 42.3% |
| Profit (loss) for the period before taxes9903 | €194,856 | €233,342 | €176,254 | €182,354 | €103,956 | ▼ 43.0% |
| Income taxes67/77 | €47,977 | €55,769 | €31,930 | €47,513 | €29,876 | ▼ 37.1% |
| Profit (loss) for the period9904 | €146,879 | €177,573 | €144,324 | €134,841 | €74,080 | ▼ 45.1% |
| Profit (loss) for the period to be appropriated9905 | €146,879 | €177,573 | €144,324 | €134,841 | €74,080 | ▼ 45.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.3m | €1.5m | €1.5m | €1.8m | ▲ 19.1% |
| Fixed assets21/28 | €1.1m | €1.1m | €1.2m | €1.1m | €1.0m | ▼ 8.0% |
| Intangible fixed assets21 | €5,440 | €25,169 | €19,171 | €11,673 | €6,695 | ▼ 42.6% |
| Tangible fixed assets22/27 | €1.1m | €1.0m | €1.2m | €1.1m | €1.0m | ▼ 7.7% |
| Land and buildings22 | - | €1.0m | €1.1m | €1.0m | €977,994 | ▼ 6.5% |
| Plant, machinery and equipment23 | - | - | €9,489 | €6,881 | €4,795 | ▼ 30.3% |
| Furniture and vehicles24 | - | €16,579 | €69,511 | €52,238 | €37,968 | ▼ 27.3% |
| Current assets29/58 | €273,390 | €208,553 | €275,772 | €419,223 | €803,075 | ▲ 91.6% |
| Amounts receivable within one year40/41 | €168,716 | €11,447 | €97,730 | €82,617 | €724,759 | ▲ 777% |
| Trade receivables40 | - | €10,541 | €54,178 | €82,111 | €298,477 | ▲ 264% |
| Other amounts receivable41 | - | €906 | €43,552 | €505 | €426,281 | ▲ 84,262% |
| Cash at bank and in hand54/58 | €86,080 | €168,130 | €149,818 | €328,105 | €76,719 | ▼ 76.6% |
| Deferred charges and accrued income490/1 | - | €28,976 | €28,224 | €8,502 | €1,597 | ▼ 81.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.3m | €1.5m | €1.5m | €1.8m | ▲ 19.1% |
| Equity10/15 | €728,419 | €901,493 | €1.0m | €1.2m | €1.2m | ▲ 5.9% |
| Contributions10/11 | €243,000 | €243,000 | €243,000 | €243,000 | €243,000 | = |
| Capital10 | - | €243,000 | €243,000 | €243,000 | €243,000 | = |
| Issued capital100 | - | €243,000 | €243,000 | €243,000 | €243,000 | = |
| Reserves13 | €23,621 | €23,621 | €23,621 | €23,621 | €24,300 | ▲ 2.9% |
| Non-distributable reserves130/1 | - | €23,621 | €23,621 | €23,621 | €24,300 | ▲ 2.9% |
| Legal reserve130 | - | €23,621 | €23,621 | €23,621 | €24,300 | ▲ 2.9% |
| Profit (loss) carried forward14 | €373,455 | €551,028 | €695,352 | €830,193 | €903,594 | ▲ 8.8% |
| Investment grants15 | - | €83,844 | €79,344 | €74,844 | €70,345 | ▼ 6.0% |
| Amounts payable17/49 | €625,151 | €377,271 | €468,591 | €364,891 | €589,288 | ▲ 61.5% |
| Amounts payable after more than one year17 | €190,884 | €100,645 | €280,853 | €151,132 | €125,061 | ▼ 17.3% |
| Financial debts170/4 | - | €20,645 | €200,853 | €151,132 | €125,061 | ▼ 17.3% |
| Other amounts payable178/9 | - | €80,000 | €80,000 | - | - | - |
| Amounts payable within one year42/48 | €432,833 | €275,419 | €187,116 | €209,124 | €461,249 | ▲ 121% |
| Current portion of amounts payable after more than one year42 | - | €126,119 | €40,272 | €39,962 | €26,071 | ▼ 34.8% |
| Trade debts44 | €238,162 | €101,711 | €103,339 | €28,287 | €325,518 | ▲ 1,051% |
| Suppliers440/4 | - | €101,711 | €103,339 | €28,287 | €325,518 | ▲ 1,051% |
| Taxes, remuneration and social security45 | - | €47,589 | €43,505 | €140,876 | €109,659 | ▼ 22.2% |
| Taxes450/3 | - | €32,151 | €27,162 | €72,382 | €52,171 | ▼ 27.9% |
| Remuneration and social security454/9 | - | €15,438 | €16,343 | €68,494 | €57,488 | ▼ 16.1% |
| Accrued charges and deferred income492/3 | - | €1,206 | €622 | €4,634 | €2,979 | ▼ 35.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €146,879 | €177,573 | €144,324 | €134,841 | €74,080 | ▼ 45.1% |
| + Depreciation and write-downs630 | €87,908 | €69,717 | €99,661 | €131,189 | €101,528 | ▼ 22.6% |
| Operating cash flow (approximation) | €234,787 | €247,290 | €243,985 | €266,030 | €175,608 | ▼ 34.0% |
| Investment in fixed assets (approximation) | - | -€59,748 | -€263,586 | -€14,378 | -€11,655 | ▲ 18.9% |
| Change in cash | - | €82,050 | -€18,312 | €178,287 | -€251,386 | ▼ 241% |
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
10-09
State Gazette act
Resignations: Frederic Bern, SANTORIN PARTICIPATIONS and WILLIAM GRANTPermanent representatives: Koenraad BATSELIER, WILLIAM GRANT and Patrice TAISSON · Director discharge8 facts ▸
State Gazette act
Resignations: Frederic Bern, SANTORIN PARTICIPATIONS and WILLIAM GRANT
Permanent representatives: Koenraad BATSELIER, WILLIAM GRANT and Patrice TAISSON · Director discharge8 facts ▸
- General meeting, 14-08-2026
- Director resignation, Frederic Bern (day-to-day manager)
- Permanent representative, Koenraad BATSELIER (permanent representative)
- Director resignation, SANTORIN PARTICIPATIONS (day-to-day manager)
- Permanent representative, WILLIAM GRANT (permanent representative)
- Director discharge, WILLIAM GRANT (représentant permanent de l'administrateur unique et administrateur délégué)
- Permanent representative, Patrice TAISSON (représentant permanent de l'administrateur unique et administrateur délégué)
- Director resignation, WILLIAM GRANT (représentant permanent de la personne morale santorin participations)
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
State Gazette act
Permanent representative: William GRANTAppointment: RSM InterAudit (statutory auditor) · Shareholding4 facts ▸
State Gazette act
Permanent representative: William GRANT
Appointment: RSM InterAudit (statutory auditor) · Shareholding4 facts ▸
- General meeting, 03-06-2026
- Shareholding, 900, 900
- Permanent representative, William GRANT (permanent representative)
- Auditor appointment, RSM InterAudit (statutory auditor)
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Equity above €1mEq €1.0m ▲15.5%
6 profitable years in a row build equity to €1.0m.
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Highest result since 2018net €177,573 ▲20.9%
Operating result €240,059, net result €177,573, both a record.
18-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Equity above €500,000Eq €586,039 ▲17.5%
3 profitable years in a row build equity to €586,039.
04-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
30-09
Financial
Weakest financial yearnet €33,243 ▼12.2%
Net result drops to €33,243, the lowest in the series; recovery starts the following year.
18-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 13 acts read
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 2 have been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
Statutory auditor 1
RSM INTERAUDIT
CurrentStatutory auditor · since 30-06-2026 · perm. rep.: Joël Bouakicha
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
11 of this company's 13 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 2008
Ground area
3,893 m²
Building footprint
324 m²
Volume, LiDAR
5,558 m³
Parcel 52050A0227/00L005, Wallonia · tallest building 19.1 m, ±6 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
COMASE SERVICES
since 20082.171.562.853
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52050A0227/00L005 | Wallonia | 3,893 m² | 1 · 324 m² | 19.1 m · 6 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.
Mandate history
3 people since 2026, 1 in office
- Day-to-day management
- Permanent representative
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| RSM INTERAUDIT |
|
| William GRANT |
|
| Frédéric BERN |
|
Structure & network
Owners and holdings
1 ownerChain of control
- SOFTWAY MEDICAL SASFR
- SOCIETE BELGE D'INFORMATIQUE MEDICALE
- COMASE SERVICES
Highest known parent: SOFTWAY MEDICAL SAS (France). The sources do not say who stands above it.
Owners 1
- 100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of COMASE SERVICES and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 7,343 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
82100Office administrative and support services
63100Computing infrastructure, data processing, hosting and related activities
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0898681937
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.