COMET BELGIUM
ActiveCOMET BELGIUM has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.88M and a net result of €39k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+42
Solvency68▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.66 in 2024; short-term debt: 36.7% and cash: 0.2% of total assets), but 57.1% 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+raises risk○neutral
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
42.9%
Return on assets
0.9%
Age of the figures
13 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 19-03-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 d early
2024
on the day
2023
2 d early
2022
60 d early
2021
59 d early
2020
54 d early
2019
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-08-2026 close17-09-2026 today31-03-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€39k
2024 · €-160k
2019: €177k
2020: €65k
2021: €364k
2022: €355k
2023: €53k
2024: €-160k
2019 → 2025
Working capital
€1.25M▼ 6.4%
2024 · €1.33M
2019: €1.29M
2020: €1.21M
2021: €1.48M
2022: €1.55M
2023: €1.72M
2024: €1.33M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.72M-€1.96M▲ 14.2%€2.01M▲ 2.5%€1.85M▼ 8.2%€1.88M▲ 1.9%
Operating result€387k-€375k▼ 3.1%€88k▼ 76.6%€-120k€95k
Net result€364k-€355k▼ 2.6%€53k▼ 85.0%€-160k€39k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €95k after a loss of €120k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.38M
Fixed assets
€1.53M▲ 0.4%
Current assets
€2.85M▼ 14.9%
Equity and liabilities €4.38M
Equity
€1.88M▲ 1.9%
Provisions
€806▼ 94.6%
Debt
€2.50M▼ 17.1%
The debt ratio falls from 61.9% to 57.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€303k▲
2024 · €26k
Cash flow
€247k▲
2024 · €-14k
Solvency
42.9%▲
2024 · 37.8%
Current ratio
1.77▲
2024 · 1.66
Quick ratio
0.90▼
2024 · 1.00
Debt / equity
1.33▼
2024 · 1.63
ROE
2.1%▲
2024 · -8.7%
ROA
0.9%▲
2024 · -3.3%
Interest coverage
5.11▲
2024 · 0.59
Debt
€2.50M▼
2024 · €3.02M
Debt ≤ 1 year
€1.61M▼
2024 · €2.02M
Debt > 1 year
€892k▼
2024 · €993k
Income taxes
€339▼
2024 · €561
Staff costs
€1.20M▲
2024 · €1.16M
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€4.88M€4.38M▼
Fixed assets21/28€1.52M€1.53M▲
Intangible fixed assets21€64k€41k▼
Tangible fixed assets22/27€1.46M€1.49M▲
Land and buildings22€1.23M€1.14M▼
Plant, machinery and equipment23€101k€89k▼
Furniture and vehicles24€90k€235k▲
Leasing and similar rights25€38k€20k▼
Assets under construction and advance payments27€0-
Financial fixed assets28€2k€2k=
Current assets29/58€3.35M€2.85M▼
Stocks and contracts in progress3€1.32M€1.40M▲
Stocks30/36€1.32M€1.40M▲
Amounts receivable within one year40/41€1.91M€1.41M▼
Trade receivables40€1.85M€1.35M▼
Other amounts receivable41€60k€55k▼
Cash at bank and in hand54/58€81k€11k▼
Deferred charges and accrued income490/1€43k€37k▼
Equity and liabilities
Total equity and liabilities10/49€4.88M€4.38M▼
Equity10/15€1.85M€1.88M▲
Contributions10/11€523k€523k=
Capital10€523k€523k=
Issued capital100€523k€523k=
Reserves13€52k€52k=
Non-distributable reserves130/1€52k€52k=
Legal reserve130€52k€52k=
Profit (loss) carried forward14€1.22M€1.26M▲
Investment grants15€50k€46k▼
Provisions and deferred taxes16€15k€806▼
Provisions for liabilities and charges160/5€15k€806▼
Other liabilities and charges164/5€15k€806▼
Amounts payable17/49€3.02M€2.50M▼
Amounts payable after more than one year17€993k€892k▼
Financial debts170/4€993k€892k▼
Amounts payable within one year42/48€2.02M€1.61M▼
Current portion of amounts payable after more than one year42€119k€102k▼
Financial debts43€481k€582k▲
Credit institutions430/8€481k€582k▲
Trade debts44€1.25M€809k▼
Suppliers440/4€1.25M€809k▼
Taxes, remuneration and social security45€171k€115k▼
Taxes450/3€44k€4k▼
Remuneration and social security454/9€126k€111k▼
Accrued charges and deferred income492/3€1k€851▼
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€1.16M€1.20M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€146k€208k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-40k
Provisions for liabilities and charges: additions (uses and reversals)635/8€706€-14k▼
Other operating charges640/8€30k€35k▲
Gross operating margin9900€1.22M€1.49M▲
Operating profit (loss)9901€-120k€95k▲
Financial income75/76B€4k€4k=
Recurring financial income75€4k€4k=
Financial charges65/66B€43k€59k▲
Recurring financial charges65€43k€59k▲
Profit (loss) for the period before taxes9903€-159k€40k▲
Income taxes67/77€561€339▼
Profit (loss) for the period9904€-160k€39k▲
Profit (loss) for the period to be appropriated9905€-160k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.22M€1.26M▲
Profit (loss) brought forward from the previous period14P€1.38M€1.22M▼
Social balance
Average headcount (FTE)908719.919.7▼
The notes to these accounts (30 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
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-08
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-08
Financial
Weakest financial yearnet €-160k ▼400%
Net result drops to €-160k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-08
Financial
Equity above €2MEq €2.01M ▲2.5%
5 profitable years in a row build equity to €2.01M.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
Financial
Highest result since 2019net €364k ▲456%
Operating result €387k, net result €364k, both a record.
05-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
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.
03-11-2025
SAS CHENE: Resigned as Director
03-11-2025
SAS MIKE LIMA: Resigned as Director
03-11-2025
THIRY Eric: Resigned as Director
07-12-2018
COMET BELGIUM: Resigned as Director
25-10-2011
Michel BENOIT-CATTIN: Resigned as Director
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 1978
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.
Chaussée de Perwez(SM) 3015003 NamurGround area
1.0 ha
Building footprint
2,403 m²
Parcel 92106B0114/00D003, Wallonia. Linked by address, not a title deed.
1 establishment unit
COMET
since 19782.155.550.331
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92106B0114/00D003 | Wallonia | 1.0 ha | 1 · 2,403 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
EUROPA LEVAGE
BE 0422.751.041
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IMAKO
BE 0478.823.177
Oostkamp · Eq €1.76M
BREETEC INTERNATIONAL
BE 0439.361.597
As · Eq €1.76M
HEFSPAN
BE 0462.281.808
Waregem · Eq €2.01M
LVP ENGINEERING & CONSTRUCTIONS
BE 0881.701.690
Temse · Eq €1.74M
Of 268 companies in sector 28220 we hold annual accounts for 231. 175 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-02-1972
Fiscal year end31-08
Trade name FR
COMET
Activities, NACEBEL
28220Manufacture of machinery and equipment not elsewhere classified
29201Manufacture of motor vehicles, trailers and semi-trailers
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45204
46630Wholesale trade
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.comet-belgium.com