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COMEDAM

Active
Private limited company (pre-2019)founded 197749 yrs activeRue de la Maison-Forte SN, 6600 Bastogne, BelgiumKBO/BCE: BE 0416.898.377
Summary

COMEDAM has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46,149 and a net result of €2,033. Equity is growing by ~15.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2021
Profitability72▼-4
Solvency79▲+10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 1.63 against 0.97 in 2021; short-term debt: 46.2% and cash: 75.3% of total assets), and 46.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 49 years 0 50 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
53.8%
Return on assets
2.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2021
87 d late
2020
121 d late
2019
91 d late
2018
78 d late
2017
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 78 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

COMEDAM was incorporated on 7 January 1977.1 Total assets rose from EUR 59,388 in 2018 to EUR 85,759 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€46,149▲ 39.3%
2021 · €33,118
Total assets
€85,759▲ 14.6%
2021 · €74,823
Net result
€2,033▼ 53.5%
2021 · €4,376
Working capital
€25,007
2021 · -€1,144
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212024
Operating result€6,233-€8,783▲ 40.9%€6,666▼ 24.1%€6,724▲ 0.9%€3,384-
Net result€6,104-€7,708▲ 26.3%€4,350▼ 43.6%€4,376▲ 0.6%€2,033-
Equity€16,684-€24,393▲ 46.2%€28,743▲ 17.8%€33,118▲ 15.2%€46,149-
Total assets€59,388-€65,867▲ 10.9%€70,355▲ 6.8%€74,823▲ 6.4%€85,759-
Debt€42,704-€41,475▼ 2.9%€41,612▲ 0.3%€41,704▲ 0.2%€39,610-
Working capital-€30,699--€18,617▲ 39.4%-€9,894▲ 46.9%-€1,144▲ 88.4%€25,007-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,500€5,000€7,500€10,000Operating result 2018: €6,233€6,233Net result 2018: €6,104€6,104Operating result 2019: €8,783€8,783Net result 2019: €7,708€7,708Operating result 2020: €6,666€6,666Net result 2020: €4,350€4,350Operating result 2021: €6,724€6,724Net result 2021: €4,376€4,376Operating result 2024: €3,384€3,384Net result 2024: €2,033€2,03320182019202020212024€0€2,000€4,000€6,000Operating result 2020: €6,666€6,670Net result 2020: €4,350€4,350Operating result 2021: €6,724€6,720Net result 2021: €4,376€4,380Operating result 2024: €3,384€3,380Net result 2024: €2,033€2,030202020212024
The operating result is €3,384 in 2024, compared with €6,724 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2021 as the grey bar beneath
Assets €85,759
Fixed assets €21,142 ▼ 38.3%
Current assets €64,617 ▲ 59.3%
Equity and liabilities €85,759
Equity €46,149 ▲ 39.3%
Debt €39,610 ▼ 5.0%
Debt's share of the balance-sheet total falls from 55.7% to 46.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2021
EBITDA
€7,757▼
2021 · €11,098
Cash flow
€6,406▼
2021 · €8,749
Current ratio
1.63▲
2021 · 0.97
Debt to equity
0.86▼
2021 · 1.26
ROE
4.4%▼
2021 · 13.2%
ROA
2.4%▼
2021 · 5.8%
Interest coverage
28.33▼
2021 · 70.02
Debt ≤ 1 year
€39,610▼
2021 · €41,704
Income taxes
€1,077▼
2021 · €2,190
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 17,039 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
Filed annual accounts As filed with the NBB · 2024 against 2021 · 35 lines
Balance sheet Code20212024
Assets
Total assets20/58€74,823€85,759▲
Fixed assets21/28€34,263€21,142▼
Tangible fixed assets22/27€34,263€21,142▼
Land and buildings22€34,263€21,142▼
Other tangible fixed assets26€0€0=
Current assets29/58€40,560€64,617▲
Cash at bank and in hand54/58€40,560€64,617▲
Equity and liabilities
Total equity and liabilities10/49€74,823€85,759▲
Equity10/15€33,118€46,149▲
Contributions10/11€18,550€18,550=
Reserves13€14,568€27,599▲
Non-distributable reserves130/1€1,855€1,855=
Reserves not available under the articles1311€1,855€1,855=
Tax-exempt reserves132€36€36=
Distributable reserves133€12,678€25,708▲
Amounts payable17/49€41,704€39,610▼
Amounts payable within one year42/48€41,704€39,610▼
Trade debts44€0€0=
Suppliers440/4€0€0=
Taxes, remuneration and social security45€4,367€3,738▼
Taxes450/3€4,367€3,738▼
Other amounts payable47/48€37,338€35,872▼
Income statement Code20212024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,374€4,374=
Other operating charges640/8€348€4,737▲
Gross operating margin9900€11,445€12,495▲
Operating profit (loss)9901€6,724€3,384▼
Financial charges65/66B€158€274▲
Recurring financial charges65€158€274▲
Profit (loss) for the period before taxes9903€6,566€3,110▼
Income taxes67/77€2,190€1,077▼
Profit (loss) for the period9904€4,376€2,033▼
Profit (loss) for the period to be appropriated9905€4,376€2,033▼
Appropriation of the result
Profit (loss) to be appropriated9906€4,376€2,033▼
Transfer to equity691/2€4,376€2,033▼
To other reserves6921€4,376€2,033▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,374€4,374€4,374€4,374€4,374-
Other operating charges640/8---€348€4,737-
Gross operating margin9900€12,936€15,508€13,445€11,445€12,495-
Operating profit (loss)9901€6,233€8,783€6,666€6,724€3,384-
Financial charges65/66B---€158€274-
Recurring financial charges65€129€130€139€158€274-
Profit (loss) for the period before taxes9903€6,104€8,654€6,527€6,566€3,110-
Income taxes67/77-€945€2,177€2,190€1,077-
Profit (loss) for the period9904€6,104€7,708€4,350€4,376€2,033-
Profit (loss) for the period to be appropriated9905€6,104€7,708€4,350€4,376€2,033-
Line20182019202020212024Change
Assets
Total assets20/58€59,388€65,867€70,355€74,823€85,759-
Fixed assets21/28€47,384€43,010€38,636€34,263€21,142-
Tangible fixed assets22/27€47,384€43,010€38,636€34,263€21,142-
Land and buildings22---€34,263€21,142-
Other tangible fixed assets26---€0€0-
Current assets29/58€12,005€22,857€31,718€40,560€64,617-
Cash at bank and in hand54/58€12,005€22,857€31,718€40,560€64,617-
Equity and liabilities
Total equity and liabilities10/49€59,388€65,867€70,355€74,823€85,759-
Equity10/15€16,684€24,393€28,743€33,118€46,149-
Contributions10/11€18,550€18,550-€18,550€18,550-
Reserves13€1,891€5,843€10,193€14,568€27,599-
Non-distributable reserves130/1---€1,855€1,855-
Reserves not available under the articles1311---€1,855€1,855-
Tax-exempt reserves132---€36€36-
Distributable reserves133---€12,678€25,708-
Profit (loss) carried forward14-€3,756€0-€3,756---
Amounts payable17/49€42,704€41,475€41,612€41,704€39,610-
Amounts payable within one year42/48€42,704€41,475€41,612€41,704€39,610-
Trade debts44€0€0€1,584€0€0-
Suppliers440/4---€0€0-
Taxes, remuneration and social security45---€4,367€3,738-
Taxes450/3---€4,367€3,738-
Other amounts payable47/48---€37,338€35,872-
Line20182019202020212024Change
Profit (loss) for the period9904€6,104€7,708€4,350€4,376€2,033-
+ Depreciation and write-downs630€4,374€4,374€4,374€4,374€4,374-
Operating cash flow (approximation)€10,477€12,082€8,724€8,749€6,406-
Investment in fixed assets (approximation)-€0€0€0--
Change in cash-€10,853€8,861€8,842--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Weakest financial yearnet €2,033 ▼53.5%
Net result drops to €2,033, the lowest in the series.
2022
26-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
2021
29-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 121 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Highest result since 2018net €7,708 ▲26.3%
Operating result €8,783, net result €7,708, both a record.
17-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 78 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
28-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 59 days late
2015
30-09
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 61 days late
2014
30-09
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Bastogne · 1 establishment unit since 1977
seat establishment approximate The establishment unit on the map
Ground area
1,599 m²
Building footprint
10 m²
Volume, LiDAR
17 m³
Parcel 82003E1572/00S006, Wallonia · tallest building 3.1 m. Linked by address, not a title deed.
1 establishment unit
Rue de la Maison-Forte -1B, 6600 Bastogne
Activities of head offices; management consultancy activities
since 19772.015.845.585
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
82003E1572/00S006 Wallonia 1,599 m² 1 · 10 m² 3.1 m
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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded07-01-1977
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.