COMED
ActiveCOMED has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.69M and a net result of €17k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 61% of 920 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▲+2
Solvency98▼-2
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 2.18 against 2.55 in 2024), and 41.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
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
58.5%
Return on assets
0.6%
Age of the figures
8 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
7 d late
2023
1 d early
2022
1 d early
2021
28 d late
2020
5 d early
2019
101 d late
← 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17k▲ 96.0%
2024 · €8k
2018: €94k
2019: €20k
2020: €209k
2021: €1.43M
2022: €-287k
2023: €-67k
2024: €8k
2018 → 2025
Working capital
€875k▼ 13.0%
2024 · €1.01M
2018: €-306k
2019: €-285k
2020: €-48k
2021: €1.89M
2022: €1.28M
2023: €1.15M
2024: €1.01M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.02M-€1.73M▼ 14.2%€1.67M▼ 3.9%€1.67M▲ 0.5%€1.69M▲ 1.0%
Operating result€343k-€-225k€-42k▲ 81.3%€24k€-15k
Net result€1.43M-€-287k€-67k▲ 76.6%€8k€17k▲ 96.0%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €24k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.89M
Fixed assets
€1.28M▲ 57.5%
Current assets
€1.62M▼ 2.4%
Equity and liabilities €2.89M
Equity
€1.69M▲ 1.0%
Debt
€1.20M▲ 51.5%
The debt ratio rises from 32.1% to 41.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€81k▼
2024 · €89k
Cash flow
€113k▲
2024 · €73k
Solvency
58.5%▼
2024 · 67.9%
Current ratio
2.18▼
2024 · 2.55
Quick ratio
2.18▼
2024 · 2.55
Debt / equity
0.71▲
2024 · 0.47
ROE
1.0%▲
2024 · 0.5%
ROA
0.6%▲
2024 · 0.3%
Interest coverage
2.99▲
2024 · 1.45
Debt
€1.20M▲
2024 · €793k
Debt ≤ 1 year
€742k▲
2024 · €651k
Debt > 1 year
€460k▲
2024 · €142k
Income taxes
€297=
2024 · €297
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€2.47M€2.89M▲
Fixed assets21/28€810k€1.28M▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€810k€1.28M▲
Land and buildings22€739k€1.22M▲
Plant, machinery and equipment23€49k€43k▼
Furniture and vehicles24€22k€11k▼
Financial fixed assets28€0-
Current assets29/58€1.66M€1.62M▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€747k€749k▲
Trade receivables40€51k€46k▼
Other amounts receivable41€696k€703k▲
Current investments50/53€636k€701k▲
Cash at bank and in hand54/58€274k€167k▼
Deferred charges and accrued income490/1€575€0▼
Equity and liabilities
Total equity and liabilities10/49€2.47M€2.89M▲
Equity10/15€1.67M€1.69M▲
Contributions10/11€754k€754k=
Capital10€754k€754k=
Issued capital100€754k€754k=
Reserves13€675k€675k=
Non-distributable reserves130/1€75k€75k=
Legal reserve130€75k€75k=
Distributable reserves133€600k€600k=
Profit (loss) carried forward14€245k€261k▲
Amounts payable17/49€793k€1.20M▲
Amounts payable after more than one year17€142k€460k▲
Financial debts170/4€142k€460k▲
Amounts payable within one year42/48€651k€742k▲
Current portion of amounts payable after more than one year42€159k€181k▲
Financial debts43€137k€135k▼
Credit institutions430/8€135k€135k=
Other loans439€2k€0▼
Trade debts44€45k€66k▲
Suppliers440/4€45k€66k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Remuneration and social security454/9€0-
Other amounts payable47/48€310k€360k▲
Accrued charges and deferred income492/3€88€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€96k▲
Other operating charges640/8€33k€14k▼
Gross operating margin9900€122k€96k▼
Operating profit (loss)9901€24k€-15k▼
Financial income75/76B€46k€59k▲
Recurring financial income75€46k€59k▲
Financial charges65/66B€62k€27k▼
Recurring financial charges65€62k€27k▼
Profit (loss) for the period before taxes9903€9k€17k▲
Income taxes67/77€297€297=
Profit (loss) for the period9904€8k€17k▲
Profit (loss) for the period to be appropriated9905€8k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€245k€261k▲
Profit (loss) brought forward from the previous period14P€236k€245k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (21 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 7 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-287k ▼120%
Net result drops to €-287k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 28 days late
2021
31-12
Financial
Highest result since 2018net €1.43M ▲584%
Operating result €343k, net result €1.43M, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.01
Current ratio from 0.94 to 3.01.
31-12
Financial
Equity above €2MEq €2.02M ▲243%
4 profitable years in a row build equity to €2.02M.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €589k ▲55.2%
3 profitable years in a row build equity to €589k.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 101 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bilzen-Hoeselt · 1 establishment unit since 1983
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.
Boeleberg 23730 Bilzen-HoeseltGround area
1,147 m²
Building footprint
178 m²
Volume, LiDAR
725 m³
Parcel 73032F0109/00Y000, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Boeleberg 2, 3730 Bilzen-Hoeselt
since 19832.022.859.774
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73032F0109/00Y000indicative | Flanders | 1,147 m² | 1 · 178 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Gent · Eq €1.68M
Of 7,288 companies in sector 68110 we hold annual accounts for 5,353. 2,803 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-05-1983
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
82990Other business support services
64200Holdings
64210Activities of holding companies
68203Renting and operating of own or leased non-residential real estate, excluding land
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.