COMAX
ActiveCOMAX has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-22k) and a net result of €220k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 2669 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency61▲+13
Growth58=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.76 against 1.16 in 2024), but equity is negative.
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
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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 2669 sector peers (2025).
NBB · sector comparisonPosition among 2669 sector peers
Solvency
better than 14%
← weakest
strongest →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
14 d early
2024
14 d early
2023
533 d late
2022
42 d early
2021
32 d early
2020
26 d early
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-22k▲ 91.0%
2024 · €-240k
2020: €59k
2021: €132k
2022: €382k
2023: €-434k
2024: €-240k
2020 → 2025
Total assets
€1.29M▲ 62.6%
2024 · €795k
2020: €347k
2021: €494k
2022: €739k
2023: €986k
2024: €795k
2020 → 2025
Net result
€220k▲ 12.8%
2024 · €195k
2020: €39k
2021: €88k
2022: €249k
2023: €-141k
2024: €195k
2020 → 2025
Working capital
€451k▲ 376%
2024 · €95k
2020: €65k
2021: €149k
2022: €363k
2023: €-32k
2024: €95k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€132k-€382k▲ 189%€-434k€-240k▲ 44.8%€-22k▲ 91.0%
Operating result€114k-€335k▲ 193%€-4k€256k€299k▲ 16.7%
Net result€88k-€249k▲ 185%€-141k€195k€220k▲ 12.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.29M
Fixed assets
€250k▲ 107%
Current assets
€1.04M▲ 54.7%
Key figures and ratios
EBITDA
€347k▲
2024 · €295k
Cash flow
€267k▲
2024 · €234k
Solvency
-1.7%▲
2024 · -30.2%
Current ratio
1.76▲
2024 · 1.16
Quick ratio
1.76▲
2024 · 1.16
Debt / equity
-60.98▼
2024 · -4.32
ROA
17.0%▼
2024 · 24.5%
Interest coverage
236.70▲
2024 · 104.05
Debt
€1.31M▲
2024 · €1.03M
Debt ≤ 1 year
€592k▲
2024 · €579k
Income taxes
€87k▲
2024 · €85k
Staff costs
€1.02M▼
2024 · €1.38M
A ratio outside any meaningful range has been withheld (balance sheet total €1.29M, equity €-22k).
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€795k€1.29M▲
Fixed assets21/28€121k€250k▲
Intangible fixed assets21-€4k
Tangible fixed assets22/27€121k€244k▲
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€101k€225k▲
Other tangible fixed assets26€14k€13k▼
Financial fixed assets28-€2k
Current assets29/58€674k€1.04M▲
Amounts receivable within one year40/41€410k€749k▲
Trade receivables40€332k€427k▲
Other amounts receivable41€78k€322k▲
Current investments50/53€0-
Cash at bank and in hand54/58€245k€271k▲
Deferred charges and accrued income490/1€19k€23k▲
Equity and liabilities
Total equity and liabilities10/49€795k€1.29M▲
Equity10/15€-240k€-22k▲
Contributions10/11€4k€4k=
Reserves13€17k€17k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-260k€-42k▲
Amounts payable17/49€1.03M€1.31M▲
Amounts payable within one year42/48€579k€592k▲
Financial debts43€0€12k▲
Credit institutions430/8€0€12k▲
Trade debts44€204k€145k▼
Suppliers440/4€204k€145k▼
Taxes, remuneration and social security45€324k€435k▲
Taxes450/3€7k€149k▲
Remuneration and social security454/9€317k€286k▼
Other amounts payable47/48€51k€0▼
Accrued charges and deferred income492/3€455k€722k▲
Income statement
Code20242025
Non-recurring operating income76A€8€63▲
Remuneration, social security and pensions62€1.38M€1.02M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€48k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€32k€0▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€14k€4k▼
Gross operating margin9900€1.72M€1.37M▼
Operating profit (loss)9901€256k€299k▲
Financial income75/76B€27k€9k▼
Recurring financial income75€27k€9k▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€280k€307k▲
Income taxes67/77€85k€87k▲
Profit (loss) for the period9904€195k€220k▲
Profit (loss) for the period to be appropriated9905€195k€220k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-260k€-42k▲
Profit (loss) brought forward from the previous period14P€-455k€-262k▲
Transfer from equity791/2€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)908713.014.3▲
The notes to these accounts (19 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 533 days late
2024
31-12
Financial
Back to profitnet €195k
Net result €195k after one loss-making year.
2023
30-06
Financial
Weakest financial yearnet €-141k ▼157%
Net result drops to €-141k, the lowest in the series; recovery starts the following year.
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2020net €249k ▲185%
Operating result €335k, net result €249k, both a record.
30-06
Financial
Equity above €200kEq €382k ▲189%
3 profitable years in a row build equity to €382k.
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €100kEq €132k ▲122%
2 profitable years in a row build equity to €132k.
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
NV PIAGROUP Belgium
CurrentDirector · since 16-03-2023 · Legal entity
16-03-2023
Appointed as Director
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 2019
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.
Churchilllaan 29-312900 SchotenGround area
154 m²
Building footprint
203 m²
Parcel 11442C0373/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
COMAX
since 20192.297.351.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0373/00L000 | Flanders | 154 m² | 1 · 203 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
TECH FUSION
BE 0766.514.190
Hamme (Vl.) · Eq €381k
ACNC
BE 0459.338.154
Oud-Heverlee · Eq €382k
COMPUTERS CUYPERS
BE 0435.893.848
Schoten · Eq €381k
AVVISO CONSULT
BE 0895.487.271
Maldegem · Eq €382k
B.Z.H. IT
BE 0833.628.985
Ukkel · Eq €382k
Of 16,811 companies in sector 62100 we hold annual accounts for 8,748. 5,848 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-2019
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.