Comber
ActiveSummary
Comber has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20.1m and a net result of €559,216, of which €573,557 non-recurring income. Equity is growing by about 36% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.0% (low).
Overview
- Equity
- €20.1m
- Profit
- €559,216
- Largest shareholder
- HGB Poolco I · 45.08%
- Holdings
- 1
- HEILBRON BIDCO B.V.Director
Why 68raises riskLiquidity: current ratio 0.00, cash €74Founded in 2023Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskSize: total assets €20.2mShow the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, medium-sized): better than 74% on solvency, 34% on liquidity, 64% on profitability and 85% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 7 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Capital & shares · Amendment of…Capital contribution · Power of…
- Capital & shares · Amendment of…Share issue · Power of…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00499965.
2023 to 2025, 3 financial years
The operating result stays negative: a loss of €14,291 in 2025 against €12,085 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
- 2024 Equity +88%, Total assets +88% on 2023. Capital increase of €5,500,000 (Official Gazette 29-02-2024).
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €384 | €505 | €1,208 | ▲ 139% |
| Gross operating margin9900 | -€8,065 | -€11,580 | -€13,082 | ▼ 13.0% |
| Operating profit (loss)9901 | -€8,450 | -€12,085 | -€14,291 | ▼ 18.3% |
| Financial income75/76B | - | - | €573,557 | - |
| Recurring financial income75 | - | - | €573,557 | - |
| Non-recurring financial income76B | - | - | €573,557 | - |
| Financial charges65/66B | €22 | €42 | €50 | ▲ 19.2% |
| Recurring financial charges65 | €22 | €42 | €50 | ▲ 19.2% |
| Profit (loss) for the period before taxes9903 | -€8,472 | -€12,127 | €559,216 | - |
| Profit (loss) for the period9904 | -€8,472 | -€12,127 | €559,216 | - |
| Profit (loss) for the period to be appropriated9905 | -€8,472 | -€12,127 | €559,216 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €8.5m | €16.0m | €20.2m | ▲ 25.8% |
| Fixed assets21/28 | €8.5m | €16.0m | €20.2m | ▲ 25.8% |
| Financial fixed assets28 | €8.5m | €16.0m | €20.2m | ▲ 25.8% |
| Current assets29/58 | €17 | €50 | €74 | ▲ 49.5% |
| Cash at bank and in hand54/58 | €17 | €50 | €74 | ▲ 49.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €8.5m | €16.0m | €20.2m | ▲ 25.8% |
| Equity10/15 | €8.5m | €16.0m | €20.1m | ▲ 25.7% |
| Contributions10/11 | €8.5m | €16.0m | €19.6m | ▲ 22.2% |
| Reserves13 | - | - | €0.5m | - |
| Distributable reserves133 | - | - | €0.5m | - |
| Profit (loss) carried forward14 | -€0.008m | -€0.02m | €0 | - |
| Amounts payable17/49 | €0.008m | €0.02m | €0.04m | ▲ 69.6% |
| Amounts payable within one year42/48 | €0.008m | €0.02m | €0.04m | ▲ 69.6% |
| Other amounts payable47/48 | €0.008m | €0.02m | €0.04m | ▲ 69.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.008m | -€0.01m | €0.6m | - |
| Operating cash flow (approximation) | -€0.008m | -€0.01m | €0.6m | - |
| Investment in fixed assets (approximation) | - | -€7.5m | -€4.1m | ▲ 44.9% |
| Change in cash | - | €33 | €25 | ▼ 24.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00499965 |
| 31-12-2024 | abbreviated format | 19-06-2025 | 2025-00165874 |
| 31-12-2023 | abbreviated format | 22-07-2024 | 2024-00278699 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| HEILBRON BIDCO B.V. |
|
Owners and capital
Owners
3 ownersOwners 3
-
45.08%
-
34.58%
-
20.35%
According to the 2025 annual accounts of Comber and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- HEILBRON BIDCO B.V. (BE 0763.665.459) 2,290,939 shares (100%) · €6,997,501 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 29-02-2024 Capital increase of €5,500,000 · 743,154 new shares · in cash
- 06-02-2024 Converted to available equity
- 06-02-2024 Capital increase of €1,500,000 · 394,660 new shares · in cash
- 24-01-2023 Capital stated in the deed · 2,732,025 shares
- 17-01-2023 Incorporation · €6,997,501 · 2,290,939 shares
- 17-01-2023 Converted to unavailable equity · €6,997,501
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
- Equity €55.5mResult -€166,38822.47%
According to the 2025 annual accounts of Comber and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Comber was incorporated on 13 January 2023 as a private limited company by HEILBRON BIDCO B.V., with a starting capital of €7.0m.12 In 2024 the capital was increased 2 times.34 Since 2023, HEILBRON BIDCO B.V. has served as eerste statutaire bestuurder of the company.2 Total assets rose from €8.5m in 2023 to €20.2m in 2025.5
Acts, filings and financial milestones
20-04
Gazette deed
Capital & shares · Amendment of the articlesCapital contribution · Power of attorney10 facts ▸
- General meeting, 07-04-2026
- Other provision, “Eerste beslissing: Verslaggeving, Eerste” (deed in Dutch)
- Other provision, “Tweede beslissing: Verzaking aan het opstellen van de uitgifteverslaggeving, Tweede” (deed in Dutch)
- Capital contribution
- Other provision, “Vierde beslissing: Afstand van het voorkeurrecht, Vierde” (deed in Dutch)
- Other provision, “Vijfde beslissing: Inschrijving en storting op de nieuwe aandelen”, EUR (deed in Dutch)
- Other provision, “Zesde beslissing: Vaststelling van de verwezenlijking van de bijkomende inbreng, Zesde” (deed in Dutch)
- Amendment of the articles, 5
- Other provision, “Achtste beslissing: Volmacht voor de coördinatie, Achtste” (deed in Dutch)
- Power of attorney
08-01
Gazette deed
Capital & shares · Amendment of the articlesShare issue · Power of attorney10 facts ▸
- General meeting, 23-12-2025
- Other provision, “Verslaggeving, EERSTE BESLISSING” (deed in Dutch)
- Other provision, “Verzaking aan het opstellen van de uitgifteverslaggeving, TWEEDE BESLISSING” (deed in Dutch)
- Share issue, “bijkomende inbrengen in geld met uitgifte van nieuwe aandelen”, 1945000 (deed in Dutch)
- Other provision, “Afstand van het voorkeurrecht, VIERDE BESLISSING” (deed in Dutch)
- Other provision, “Inschrijving en storting op de nieuwe aandelen, VIJFDE BESLISSING” (deed in Dutch)
- Other provision, “storting op ingeschreven aandelen”, EUR (deed in Dutch)
- Other provision, “Vaststelling van de verwezenlijking van de bijkomende inbreng, ZESDE BESLISSING” (deed in Dutch)
- Amendment of the articles, 5
- Power of attorney (2 times)
13-06
Gazette deed
Capital & shares · Amendment of the articlesCapital contribution · Share cancellation · Power of attorney13 facts ▸
- General meeting, 10-06-2025
- Other provision, “EERSTE BESLISSING:Verslaggeving, EERSTE BESLISSING” (deed in Dutch)
- Other provision, “TWEEDE BESLISSING:Verzaking aan het opstellen van de uitgifteverslaggeving, opstellen van de uitgifteverslaggeving” (deed in Dutch)
- Capital contribution, €2,910,000
- Other provision, “VIERDE BESLISSING:Afstand van het voorkeurrecht, VIERDE BESLISSING” (deed in Dutch)
- Other provision, “VIJFDE BESLISSING:Inschrijving en storting op de nieuwe aandelen”, EUR (deed in Dutch)
- Other provision, “ZESDE BESLISSING:Vaststelling van de verwezenlijking van de bijkomende inbreng, ZESDE BESLISSING” (deed in Dutch)
- Share cancellation, “inkoop en vernietiging van eigen aandelen, gewone aandelen” (deed in Dutch)
- Other provision, “ACHTSTE BESLISSING:Vaststelling van de vermindering van de eigen vermogensrekening, ACHTSTE BESLISSING” (deed in Dutch)
- Amendment of the articles, 5
- Power of attorney
- Other provision, “uitreiking vóór registratie, artikel 173,1°bis van het Wetboek van registratierechten” (deed in Dutch)
- +1 further fact in this act
18-02
Gazette deed
Capital & shares · Amendment of the articlesCapital contribution · Share issue · Power of attorney10 facts ▸
- General meeting, 31-01-2025
- Other provision, “kennisname verslaggeving, EERSTE BESLISSING:Kennisname verslaggeving” (deed in Dutch)
- Other provision, “verzaking aan opstellen uitgifteverslaggeving, TWEEDE BESLISSING:Verzaking aan het opstellen van de uitgifteverslaggeving” (deed in Dutch)
- Capital contribution
- Other provision, “afstand van voorkeurrecht, VIERDE BESLISSING:Afstand van het voorkeurrecht” (deed in Dutch)
- Share issue, “Gewone Aandelen”, EUR (deed in Dutch)
- Other provision, “vaststelling verwezenlijking bijkomende inbreng, ZESDE BESLISSING:Vaststelling van de verwezenlijking van de bijkomende inbreng” (deed in Dutch)
- Amendment of the articles, 5
- Other provision, “volmacht voor coördinatie, ACHTSTE BESLISSING:Volmacht voor de coördinatie” (deed in Dutch)
- Power of attorney
31-10
Gazette deed
Capital & shares · Amendment of the articlesCapital contribution · Power of attorney9 facts ▸
- General meeting, 22-10-2024
- Other provision, “Eerste beslissing:verslaggeving, EERSTE BESLISSING” (deed in Dutch)
- Other provision, “Tweede beslissing:verzaking aan opstellen uitgifteverslaggeving, TWEEDE BESLISSING” (deed in Dutch)
- Capital contribution, €500,000
- Other provision, “Vierde beslissing:afstand van voorkeurrecht, VIERDE BESLISSING” (deed in Dutch)
- Other provision, “per ingeschreven aandeel, Vijfde beslissing:inschrijving en storting op nieuwe aandelen” (deed in Dutch)
- Other provision, “Zesde beslissing:vaststelling verwezenlijking bijkomende inbreng, ZESDE BESLISSING” (deed in Dutch)
- Amendment of the articles, 5
- Power of attorney (2 times)
29-02
Gazette deed
Capital & shares · Amendment of the articlesKind of shares · Capital increase · Power of attorney11 facts ▸
- General meeting, 05-02-2024
- Kind of shares, “creatie, bijkomende inbreng in geld” (deed in Dutch)
- Capital increase, €5,500,000
- Amendment of the articles, 5
- Power of attorney
- Other provision, “EERSTE BESLISSING:Verslaggeving” (deed in Dutch)
- Other provision, “DERDE BESLISSING:Verzaking opstellen uitgifteverslaggeving” (deed in Dutch)
- Other provision, “VIJFDE BESLISSING:Afstand voorkeurrecht” (deed in Dutch)
- Share issue, 2, “ZESDE BESLISSING:Inschrijving en storting nieuwe Gewone Aandelen en Preferente Aandelen B” (deed in Dutch)
- Other provision, “ZEVENDE BESLISSING:Vaststelling verwezenlijking bijkomende inbreng” (deed in Dutch)
- Other provision, “NEGENDE BESLISSING:Volmacht voor coördinatie” (deed in Dutch)
Show earlier events
08-02
Gazette deed
Permanent representatives: Derk Jan Bouko Stol and Adrianus WILLEMSEN4 facts ▸
- General meeting, 29-12-2023
- Director in office, Heilbron Bidco (bestuurder rechtspersoon)
- Permanent representative, Derk Jan Bouko Stol
- Permanent representative, Adrianus WILLEMSEN
06-02
Gazette deed
Capital & shares · Amendment of the articlesCapital conversion · Capital increase · Share issue11 facts ▸
- General meeting, 22-01-2024
- Capital conversion, “beschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles, 5 (2 times)
- Other provision, “verzaking aan het opstellen van de uitgifteverslaggeving” (deed in Dutch)
- Capital increase, €1,500,000
- Other provision, “afstand van het voorkeurrecht” (deed in Dutch)
- Share issue, “inschrijving en storting op de nieuwe aandelen”, EUR (deed in Dutch)
- Other provision, “vaststelling van de verwezenlijking van de bijkomende inbreng” (deed in Dutch)
- Other provision, “volmacht voor de coördinatie” (deed in Dutch)
- Power of attorney
- Other provision, “uitreiking vóór registratie in toepassing van artikel 173,1°bis van het Wetboek van registratierechten” (deed in Dutch)
24-01
Gazette deed
Amendment of the articlesShare issue · Capital4 facts ▸
- General meeting, 16-01-2023
- Share issue, 1531250, “beschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Amendment of the articles, 5
17-01
Gazette deed
IncorporationAppointment: HEILBRON BIDCO B.V. (eerste statutaire bestuurder) · Permanent representative: WILLEMSEN Adrianus Josephus Maria · Founder9 facts ▸
- Incorporation, 12-01-2023
- Founder, HEILBRON BIDCO B.V.
- Founding capital, €6,997,501
- Capital conversion, “onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director in office, HEILBRON BIDCO B.V. (statutory director)
- Director appointment, HEILBRON BIDCO B.V. (eerste statutaire bestuurder)
- Permanent representative, WILLEMSEN Adrianus Josephus Maria
- Other provision, 1, “volmacht gehecht” (deed in Dutch)
- Other provision, “uittreksel afgeleverd voor registratie, artikel 173,1° bis Wetboek Registratierechten” (deed in Dutch)
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13453O0314/00A000 | Flanders | 2,736 m² | 1 · 1,244 m² | 15.0 m · 4 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Comber
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole director
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of April at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle machten artikel 2:87 Wetboek van vennootschappen en verenigingen, bij ontbinding met vereffening” (deed in Dutch)