Equity
-€124,233
Debts exceed assets in financial year 2025.
COMBULEC
Lifetime
18 annual accounts with figures on one time axis, 31 filings since 1992peak €38,523 (2006)
-€2,586▲ €1,797
lowest -€15,109 (2009)
-€2,897▲ €2,043
peak -€62,292 (2006)
-€124,233▼ €2,897
€131,093▲ 2.4%
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€4,383 to -€2,586Loss of €2,897Cash from €119 to €273
Key points
from the 2025 annual accountsLosses
-€24,219 in six years
Every financial year from 2020 to 2025 closed with a loss. 2021 was the heaviest.
Debts
€131,093 1,911% of the balance sheet
Financial debts 9%Suppliers 0%Other 90%
Of this, €118,927 falls due within a year.
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,635 companies had the same profile as COMBULEC has now. Each dot stands for 17 companies, two years later.
84.3%
were still trading
10.2%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,635 companies, not a prediction for COMBULEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0444719165
General meeting · Correction
Gazette deed
General meeting · Director resignation
Gazette deed
First establishment
Salvialei 43, Antwerp
Official details
Source: KBO- Status
- Active since 23-07-1991Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.053.850.9772170 Antwerp, since 16-02-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 25-03-2026
Insights on COMBULEC
COMBULEC files the micro format. That format states no turnover. The gross margin fell from €38,523 in 2006 to -€2,586 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COMBULEC
- What is the company number of COMBULEC?
- The company number of COMBULEC is 0444.719.165. The VAT number is the same number with BE in front: BE 0444.719.165.
- Where is COMBULEC based?
- The registered office is at Salvialei 43, 2170 Antwerp.Company details
- What is the legal form of COMBULEC?
- COMBULEC is a public limited company (NV).
- When was COMBULEC founded?
- COMBULEC was founded on 23-07-1991.
- Is COMBULEC still active?
- Yes, COMBULEC is an active enterprise in the KBO register.
- What is the turnover of COMBULEC?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is COMBULEC profitable?
- In financial year 2025, COMBULEC made a loss of €2,897.
- Where can I find the annual accounts of COMBULEC?
- COMBULEC filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COMBULEC due?
- COMBULEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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