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COMET

Active
Private limited company (pre-2019)founded 2018active for 8 yearsKBO/BCE: BE 0695.614.615

Financials · financial year 2026, abbreviated format

Annual accounts 2026 filed on 22-06-2026 at the NBB all 7 filings

Turnover
≈ €4,500
Estimated: probably between €1,900 and €11,000
EBIT margin
Not included in this filing
Net result
-€304▲ 91.5%
2025 · -€3,572
Working capital
-€14,891▼ 2.1%
2025 · -€14,587
Trend over the years

2022 to 2026, 5 financial years 2020 to 2026, 7 financial years

The operating result for 2026 is a loss of €255, smaller than the loss of €3,032 in 2025.

Operating result-€255 2026 Net result-€304 2026

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2020202120222023202420252026
Operating result€9,095--€18,753€5,952-€3,557-€4,926▼ 38.5%-€3,032▲ 38.5%-€255▲ 91.6%
Net result-€3,125--€13,610▼ 336%€4,505-€12,214-€5,170▲ 57.7%-€3,572▲ 30.9%-€304▲ 91.5%
Equity€15,475-€1,865▼ 87.9%€6,370▲ 242%-€5,844-€11,015▼ 88.5%-€14,587▼ 32.4%-€14,891▼ 2.1%
Total assets€19,091-€9,031▼ 52.7%€20,673▲ 129%€321▼ 98.4%€750▲ 134%€688▼ 8.3%€603▼ 12.3%
Debt€3,616-€7,166▲ 98.2%€14,303▲ 99.6%€6,165▼ 56.9%€11,764▲ 90.8%€15,275▲ 29.8%€15,494▲ 1.4%
Working capital€12,577--€6,552-€2,047▲ 68.8%-€5,845▼ 186%-€11,015▼ 88.4%-€14,587▼ 32.4%-€14,891▼ 2.1%
The turnover shown is an estimate from the gross margin.
Key figures and ratios
2026 value · change against 2025
Debt ≤ 1 year
€15,494▲
2025 · €15,275
The ratios are withheld because a balance sheet total of €603 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 6,008 companies had the same profile as COMET has now. Two years later, 7.9% had gone bankrupt and 83.0% were still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83.0% was still going

Another 0.8% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of COMET itself: 5.2% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 6,008 companies, not a prediction for COMET. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 26 lines

Source: Annual accounts 2026 at the NBB, filed on 22-06-2026.

Balance sheet Code20252026
Assets
Total assets20/58€688€603▼
Current assets29/58€688€603▼
Amounts receivable within one year40/41€603€603=
Other amounts receivable41€603€603=
Cash at bank and in hand54/58€85-
Equity and liabilities
Total equity and liabilities10/49€688€603▼
Equity10/15-€14,587-€14,891▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€33,187-€33,491▼
Amounts payable17/49€15,275€15,494▲
Amounts payable within one year42/48€15,275€15,494▲
Trade debts44€2,992€3,236▲
Suppliers440/4€2,992€3,236▲
Taxes, remuneration and social security45€250€625▲
Taxes450/3€250€625▲
Other amounts payable47/48€12,033€11,634▼
Income statement Code20252026
Other operating charges640/8€681€914▲
Gross operating margin9900-€2,351€659▲
Operating profit (loss)9901-€3,032-€255▲
Financial charges65/66B€540€49▼
Recurring financial charges65€540€49▼
Profit (loss) for the period before taxes9903-€3,572-€304▲
Profit (loss) for the period9904-€3,572-€304▲
Profit (loss) for the period to be appropriated9905-€3,572-€304▲
Appropriation of the result
Profit (loss) to be appropriated9906-€33,187-€33,491▼
Profit (loss) brought forward from the previous period14P-€29,615-€33,187▼

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Line2020202120222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,180-------
Other operating charges640/8--€787€402€933€681€914▲ 34.2%
Gross operating margin9900€12,768-€18,315€6,739-€3,154-€3,993-€2,351€659-
Operating profit (loss)9901€9,095-€18,753€5,952-€3,557-€4,926-€3,032-€255▲ 91.6%
Financial income75/76B----€8,416---
Recurring financial income75----€8,416---
Non-recurring financial income76B----€8,416---
Financial charges65/66B--€1,447€8,657€8,660€540€49▼ 91.0%
Recurring financial charges65€1,111€377€1,447€241€244€540€49▼ 91.0%
Non-recurring financial charges66B---€8,416€8,416---
Profit (loss) for the period before taxes9903-€1,117-€13,610€4,505-€12,214-€5,170-€3,572-€304▲ 91.5%
Income taxes67/77€2,008-------
Profit (loss) for the period9904-€3,125-€13,610€4,505-€12,214-€5,170-€3,572-€304▲ 91.5%
Profit (loss) for the period to be appropriated9905-€3,125-€13,610€4,505-€12,214-€5,170-€3,572-€304▲ 91.5%
Line2020202120222023202420252026Change
Assets
Total assets20/58€19,091€9,031€20,673€321€750€688€603▼ 12.3%
Fixed assets21/28€2,898€8,417€8,417€1----
Financial fixed assets28€2,898€8,417€8,417€1----
Current assets29/58€16,193€614€12,256€320€750€688€603▼ 12.3%
Amounts receivable within one year40/41€146€606€12,256€317€746€603€603=
Trade receivables40--€11,258-----
Other amounts receivable41--€998€317€746€603€603=
Cash at bank and in hand54/58€16,047--€3€3€85--
Equity and liabilities
Total equity and liabilities10/49€19,091€9,031€20,673€321€750€688€603▼ 12.3%
Equity10/15€15,475€1,865€6,370-€5,844-€11,015-€14,587-€14,891▼ 2.1%
Contributions10/11--€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€3,125-€16,735-€12,230-€24,444-€29,615-€33,187-€33,491▼ 0.9%
Amounts payable17/49€3,616€7,166€14,303€6,165€11,764€15,275€15,494▲ 1.4%
Amounts payable within one year42/48€3,616€7,166€14,303€6,165€11,764€15,275€15,494▲ 1.4%
Financial debts43--€38-----
Credit institutions430/8--€38-----
Trade debts44€1,408€3,887€3,375€2,128€3,460€2,992€3,236▲ 8.1%
Suppliers440/4--€3,375€2,128€3,460€2,992€3,236▲ 8.1%
Taxes, remuneration and social security45--€2,015€50€50€250€625▲ 150%
Taxes450/3--€2,015€50€50€250€625▲ 150%
Other amounts payable47/48--€8,875€3,987€8,254€12,033€11,634▼ 3.3%
Line2020202120222023202420252026Change
Profit (loss) for the period9904-€3,125-€13,610€4,505-€12,214-€5,170-€3,572-€304▲ 91.5%
+ Depreciation and write-downs630€1,180-------
Operating cash flow (approximation)-€1,945-€13,610€4,505-€12,214-€5,170-€3,572-€304▲ 91.5%
Investment in fixed assets (approximation)--€5,519€0€8,416----
Change in cash----€1€81--

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference Document
31-03-2026 abbreviated format 22-06-2026 2026-00183718 NBB
31-03-2025 abbreviated format 22-06-2026 2026-00183488 NBB
31-03-2024 full format 28-10-2024 2024-00518145 PDF
31-03-2023 full format 24-05-2024 2024-00100669 PDF
31-03-2022 full format 20-10-2022 2022-20469853 PDF
31-03-2021 full format 28-10-2021 2021-75400034 PDF
31-03-2020 full format 13-11-2020 2020-71000155 PDF

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