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COMET VENTURES

Active
Private limited company (pre-2019)founded 20179 yrs activeGeraardsbergsesteenweg(Voo) 595, 9400 Ninove, BelgiumKBO/BCE: BE 0671.766.867
Summary

The computed 12-month bankruptcy probability of COMET VENTURES is 1.7% (moderate). The 2025 annual accounts show negative equity (-€27,915) and a net result of -€20,867. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+13
Solvency11▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.43 against 0.4 in 2024; short-term debt: 83.5% and cash: 36.1% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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
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 2025
Solvency, return and age of the figures
Solvency
-13.6%
Return on assets
-10.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€27,915
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 8 filings
Deviation from the deadline
2025
24 d late
2024
31 d late
2023
30 d late
2022
27 d late
2021
28 d late
2020
31 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 37 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 (2)
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. Usually files around 28 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

On 23 February 2017, COMET VENTURES was incorporated.1 Total assets went from EUR 31,705 in 2018 to EUR 204,882 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€27,915▼ 296%
2024 · -€7,048
Total assets
€204,882▲ 60.9%
2024 · €127,329
Net result
-€20,867
2024 · €2,654
Working capital
-€97,310▼ 156%
2024 · -€37,952
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
Line20212022202320242025
Operating result€27,604▲ 952%€2,322▼ 91.6%€4,514▲ 94.4%€5,669▲ 25.6%€26,116▲ 361%
Net result€27,604▲ 952%€2,005▼ 92.7%€810▼ 59.6%€2,654▲ 228%-€20,867
Equity-€12,518▲ 68.8%-€10,513▲ 16.0%-€9,703▲ 7.7%-€7,048▲ 27.4%-€27,915▼ 296%
Total assets€13,106▲ 3,776%€54,653▲ 317%€131,641▲ 141%€127,329▼ 3.3%€204,882▲ 60.9%
Debt€25,624▼ 36.7%€65,166▲ 154%€141,343▲ 117%€134,378▼ 4.9%€232,797▲ 73.2%
Working capital-€12,518▲ 68.8%-€10,513▲ 16.0%-€31,813▼ 203%-€37,952▼ 19.3%-€97,310▼ 156%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: €27,604€27,604Net result 2021: €27,604€27,604Operating result 2022: €2,322€2,322Net result 2022: €2,005€2,005Operating result 2023: €4,514€4,514Net result 2023: €810€810Operating result 2024: €5,669€5,669Net result 2024: €2,654€2,654Operating result 2025: €26,116€26,116Net result 2025: -€20,867-€20,86720212022202320242025-€40,000-€20,000€0€20,000Operating result 2023: €4,514€4,510Net result 2023: €810€810Operating result 2024: €5,669€5,670Net result 2024: €2,654€2,650Operating result 2025: €26,116€26,100Net result 2025: -€20,867-€20,900202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 361% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €204,882
Fixed assets €131,021 ▲ 29.0%
Current assets €73,861 ▲ 187%
Key figures and ratios
2025 value · change against 2024
EBITDA
€40,883
Cash flow
-€6,100
Solvency
-13.6%▼
2024 · -5.5%
Current ratio
0.43▲
2024 · 0.40
Debt to equity
-8.34▲
2024 · -19.07
ROA
-10.2%▼
2024 · 2.1%
Interest coverage
6.51
Debt ≤ 1 year
€171,171▲
2024 · €63,692
Debt > 1 year
€61,626▼
2024 · €70,685
Income taxes
€40,702▲
2024 · €350
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.3% went bankrupt
8.2% stopped otherwise
82% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,038 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 · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€127,329€204,882▲
Fixed assets21/28€101,589€131,021▲
Tangible fixed assets22/27€101,589€131,021▲
Land and buildings22€101,589€131,021▲
Current assets29/58€25,741€73,861▲
Cash at bank and in hand54/58€25,741€73,861▲
Equity and liabilities
Total equity and liabilities10/49€127,329€204,882▲
Equity10/15-€7,048-€27,915▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€25,648-€46,515▼
Amounts payable17/49€134,378€232,797▲
Amounts payable after more than one year17€70,685€61,626▼
Financial debts170/4€70,685€61,626▼
Amounts payable within one year42/48€63,692€171,171▲
Current portion of amounts payable after more than one year42€8,793€9,059▲
Taxes, remuneration and social security45€106€92▼
Taxes450/3€106€92▼
Other amounts payable47/48€54,794€162,020▲
Income statement Code20242025
Non-recurring operating income76A-€44,199
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€14,767
Other operating charges640/8€599€3,927▲
Non-recurring operating charges66A-€37,164
Gross operating margin9900€6,268€81,974▲
Operating profit (loss)9901€5,669€26,116▲
Financial charges65/66B€2,664€6,280▲
Recurring financial charges65€2,664€6,280▲
Profit (loss) for the period before taxes9903€3,004€19,835▲
Income taxes67/77€350€40,702▲
Profit (loss) for the period9904€2,654-€20,867▼
Profit (loss) for the period to be appropriated9905€2,654-€20,867▼
Appropriation of the result
Profit (loss) to be appropriated9906-€25,648-€46,515▼
Profit (loss) brought forward from the previous period14P-€28,303-€25,648▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€44,199-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€14,767-
Other operating charges640/8€408€695€636€599€3,927▲ 556%
Non-recurring operating charges66A----€37,164-
Gross operating margin9900€28,011€3,018€5,150€6,268€81,974▲ 1,208%
Operating profit (loss)9901€27,604€2,322€4,514€5,669€26,116▲ 361%
Financial charges65/66B-€117€3,083€2,664€6,280▲ 136%
Recurring financial charges65-€117€3,083€2,664€6,280▲ 136%
Profit (loss) for the period before taxes9903€27,604€2,205€1,430€3,004€19,835▲ 560%
Income taxes67/77-€200€620€350€40,702▲ 11,529%
Profit (loss) for the period9904€27,604€2,005€810€2,654-€20,867▼ 886%
Profit (loss) for the period to be appropriated9905€27,604€2,005€810€2,654-€20,867▼ 886%
Line20212022202320242025Change
Assets
Total assets20/58€13,106€54,653€131,641€127,329€204,882▲ 60.9%
Fixed assets21/28--€101,589€101,589€131,021▲ 29.0%
Tangible fixed assets22/27--€101,589€101,589€131,021▲ 29.0%
Land and buildings22--€101,589€101,589€131,021▲ 29.0%
Current assets29/58€13,106€54,653€30,052€25,741€73,861▲ 187%
Amounts receivable within one year40/41€7,966€8,640€10,940---
Trade receivables40€7,966€8,640€10,940---
Cash at bank and in hand54/58€5,140€46,013€19,112€25,741€73,861▲ 187%
Equity and liabilities
Total equity and liabilities10/49€13,106€54,653€131,641€127,329€204,882▲ 60.9%
Equity10/15-€12,518-€10,513-€9,703-€7,048-€27,915▼ 296%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€31,118-€29,113-€28,303-€25,648-€46,515▼ 81.4%
Amounts payable17/49€25,624€65,166€141,343€134,378€232,797▲ 73.2%
Amounts payable after more than one year17--€79,478€70,685€61,626▼ 12.8%
Financial debts170/4--€79,478€70,685€61,626▼ 12.8%
Amounts payable within one year42/48€25,624€65,166€61,865€63,692€171,171▲ 169%
Current portion of amounts payable after more than one year42--€8,534€8,793€9,059▲ 3.0%
Taxes, remuneration and social security45€948€1,187€578€106€92▼ 13.8%
Taxes450/3€948€1,187€578€106€92▼ 13.8%
Other amounts payable47/48€24,676€63,979€52,753€54,794€162,020▲ 196%
Line20212022202320242025Change
Profit (loss) for the period9904€27,604€2,005€810€2,654-€20,867▼ 886%
+ Depreciation and write-downs630----€14,767-
Operating cash flow (approximation)€27,604€2,005€810€2,654-€6,100▼ 330%
Investment in fixed assets (approximation)---€0-€44,199-
Change in cash-€40,873-€26,901€6,629€48,121▲ 626%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
27-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
28-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
31-12
Financial Highest result since 2018net €27,604 ▲952%
Operating result €27,604, net result €27,604, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Back to profitnet €23,770
Net result €23,770 after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Ninove · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
1,316 m²
Building footprint
278 m²
Volume, LiDAR
1,596 m³
Parcel 41073A0640/00C000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Geraardsbergsesteenweg(Voo) 595, 9400 Ninove
Agents in the wholesale of furniture, household goods and hardware
since 20172.261.847.681
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41073A0640/00C000 Flanders 1,316 m² 1 · 278 m² 9.6 m · 2 fl.
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)
Founded23-02-2017
Fiscal year end31-12
Contact
Phone 0485658678Ninove
E-invoicing
Reachable via Peppol
Peppol ID 0208:0671766867
Also 9925:BE0671766867
Registered 23-12-2025

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

Register as of 28 September 2026 · Peppol Directory

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