Comfora
ActiveSummary
The computed 12-month bankruptcy probability of Comfora is 3.7% (moderate). The 2025 annual accounts show negative equity (-€2.2m) and a net result of -€664,616. Equity has been shrinking by about 62% per year since 2022. Its solvency ranks better than 5% of 9,848 sector peers (NACE 46, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-07-2021 Normal situation
- Activity
- Agents in the wholesale of furniture, household goods and hardware NACE 46150and 1 other
- Joint committees
- 201 Paritair Comité voor de zelfstandige kleinhandel
- 126 Paritair Comité voor de stoffering en de houtbewerking · annual accounts 2025
- Establishment units
- 2.320.647.202 3830 Wellen, since 09-07-2021
- 2.369.789.182 8730 Beernem, since 01-04-2023and 4 others
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Board and ownership
- Silver Care B.V.Director · permanent representative Daan Corvers
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.7%
- Gross margin
- €1.7m
- ▲ 32.3%
- Turnover
- ≈ €7.1m
- estimated
- Loss
- €664,616
- ▼ 19.9%
- Equity
- -€2.2m
- ▼ 42.9%
- Total assets
- €2.2m
- ▲ 14.4%
- Employees on 31-12-2025
- 27
- ▼ 12.9%
- Negative equity on 31-12-2025
- 2025 accounts filed 26 days after the deadline
Score breakdownraises riskNegative equity -€2.2mLast filed accounts filed 26 days late; 1 of the last 3 accounts lateLoss of €664,616, the second in a row (financial year 2025)lowers riskFounded in 2021Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 1% of them on solvency, 9% on liquidity, 1% on profitability and 6% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 26 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 26 days after the deadline Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00429521.
Annual accounts 2025 filed on 26-08-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is a loss of €509,432, smaller than the loss of €899,682 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 24 | 31 | 31 | 27 |
| full-time | 23 | 30 | 30 | 26 |
| part-time | 1 | 1 | 1 | 1 |
| in full-time equivalents | 23.8 | 30.8 | 30.8 | 26.8 |
| Average over the year, in full-time equivalents | 12.2 | 27.5 | 30.8 | 27.6 |
| On a permanent contract | 24 | 31 | 31 | 27 |
| Joined | 34 | 23 | - | 6 |
| Left | 9 | 17 | - | 8 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €421,112 | €139,749 | €570,915 | €64,566 |
| Financial fixed assets | €10,890 | €26,800 | €26,000 | €0 |
| Depreciation and write-downs of the year | €67,695 | €107,937 | €163,018 | €85,952 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €0.6m | €1.7m | €1.9m | €1.9m | ▼ 0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.07m | €0.1m | €0.2m | €0.09m | ▼ 47.3% |
| Other operating charges640/8 | €0.009m | €0.02m | €0.07m | €0.03m | ▼ 64.1% |
| Non-recurring operating charges66A | - | - | - | €0.2m | - |
| Gross operating margin9900 | €0.5m | €1.2m | €1.3m | €1.7m | ▲ 32.3% |
| Operating profit (loss)9901 | -€0.2m | -€0.7m | -€0.9m | -€0.5m | ▲ 43.4% |
| Financial income75/76B | €0.05m | €0.09m | €0.1m | €0.01m | ▼ 90.0% |
| Recurring financial income75 | €0.05m | €0.09m | €0.1m | €0.01m | ▼ 91.7% |
| Non-recurring financial income76B | - | - | - | €0.002m | - |
| Financial charges65/66B | €0.008m | €0.02m | €0.06m | €0.2m | ▲ 196% |
| Recurring financial charges65 | €0.008m | €0.02m | €0.05m | €0.1m | ▲ 178% |
| Non-recurring financial charges66B | - | - | €0.003m | €0.02m | ▲ 518% |
| Profit (loss) for the period before taxes9903 | -€0.1m | -€0.6m | -€0.8m | -€0.7m | ▲ 19.9% |
| Profit (loss) for the period9904 | -€0.1m | -€0.6m | -€0.8m | -€0.7m | ▲ 19.9% |
| Profit (loss) for the period to be appropriated9905 | -€0.1m | -€0.6m | -€0.8m | -€0.7m | ▲ 19.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.0m | €1.5m | €1.9m | €2.2m | ▲ 14.4% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.9m | €0.5m | ▼ 44.1% |
| Tangible fixed assets22/27 | €0.4m | €0.4m | €0.8m | €0.4m | ▼ 47.6% |
| Plant, machinery and equipment23 | €0.004m | €0.009m | €0.008m | €0.004m | ▼ 57.3% |
| Furniture and vehicles24 | €0.3m | €0.3m | €0.3m | €0.02m | ▼ 94.1% |
| Other tangible fixed assets26 | €0.001m | €0.1m | €0.5m | €0.4m | ▼ 13.7% |
| Financial fixed assets28 | €0.01m | €0.04m | €0.06m | €0.06m | = |
| Current assets29/58 | €0.7m | €1.1m | €1.0m | €1.7m | ▲ 64.5% |
| Stocks and contracts in progress3 | €0.4m | €0.9m | €0.6m | €0.7m | ▲ 25.2% |
| Stocks30/36 | €0.4m | €0.9m | €0.6m | €0.7m | ▲ 25.2% |
| Amounts receivable within one year40/41 | €0.03m | €0.02m | €0.2m | €0.7m | ▲ 273% |
| Trade receivables40 | - | €0.009m | €0.2m | €0.5m | ▲ 222% |
| Other amounts receivable41 | €0.03m | €0.007m | €0.03m | €0.2m | ▲ 525% |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 24.7% |
| Deferred charges and accrued income490/1 | €0.004m | €0.008m | €0.002m | €0.04m | ▲ 23× |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.0m | €1.5m | €1.9m | €2.2m | ▲ 14.4% |
| Equity10/15 | -€0.1m | -€0.7m | -€1.5m | -€2.2m | ▼ 42.9% |
| Contributions10/11 | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.7m | -€1.5m | -€2.2m | ▼ 42.9% |
| Amounts payable17/49 | €1.2m | €2.3m | €3.4m | €4.4m | ▲ 27.2% |
| Amounts payable after more than one year17 | €0.08m | €0.4m | €0.08m | €0.08m | ▲ 4.3% |
| Financial debts170/4 | €0.08m | €0.4m | €0.08m | €0.08m | ▲ 4.3% |
| Amounts payable within one year42/48 | €1.0m | €1.8m | €3.4m | €4.3m | ▲ 27.9% |
| Current portion of amounts payable after more than one year42 | - | €0.2m | €0 | - | - |
| Financial debts43 | €0.06m | - | - | - | - |
| Credit institutions430/8 | €0.06m | - | - | - | - |
| Trade debts44 | €0.09m | €1.2m | €1.1m | €1.0m | ▼ 8.9% |
| Suppliers440/4 | €0.09m | €1.2m | €1.1m | €1.0m | ▼ 8.9% |
| Advances received on contracts in progress46 | €0.5m | €0 | - | €0.5m | - |
| Taxes, remuneration and social security45 | €0.3m | €0.4m | €0.5m | €0.5m | ▼ 15.8% |
| Taxes450/3 | €0.3m | €0.08m | €0.3m | €0.1m | ▼ 49.4% |
| Remuneration and social security454/9 | €0.07m | €0.3m | €0.3m | €0.3m | ▲ 18.6% |
| Other amounts payable47/48 | €0.003m | €0.004m | €1.7m | €2.3m | ▲ 34.0% |
| Accrued charges and deferred income492/3 | €0.1m | €0.04m | €0.003m | €0 | ▼ 100% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€130,268 | -€589,183 | -€829,735 | -€664,616 | ▲ 19.9% |
| + Depreciation and write-downs630 | €67,695 | €107,937 | €163,018 | €85,952 | ▼ 47.3% |
| Operating cash flow (approximation) | -€62,573 | -€481,246 | -€666,717 | -€578,664 | ▲ 13.2% |
| Investment in fixed assets (approximation) | - | -€166,549 | -€615,717 | €300,335 | - |
| Change in cash | - | -€126,726 | €69,503 | -€58,949 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 562 companies had the same profile as Comfora has now. Two years later, 86.8% were still going and 7.1% had gone bankrupt.
- Small
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 1.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Comfora itself: 3.7% 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.
| 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 562 companies, not a prediction for Comfora. 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.
Filings with the National Bank (4)
Board & ownership
Directors
Board 1
Permanent representatives 1
Owners and capital
Owners
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Silver Care B.V. |
|
| Daan Corvers |
|
| Rutger Hennen |
|
Network & group
Comfora shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Comfora. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
01-09
Gazette deed
Company renamed from Meubelzorg to ComforaAmendment of the articles · Power of attorney4 points ▸
- General meeting, 25-08-2026
- Name change, Comfora
- Amendment of the articles, 1
- Power of attorney
29-06
Gazette deed
Resignation: Daan Corvers (vaste vertegenwoordiger van de vennootschap silver care b.v., die bestuurder is van de vennootschap)Permanent representative: Robin Simmering · Power of attorney5 points ▸
- General meeting, 29-10-2025
- Director resignation, Daan Corvers (vaste vertegenwoordiger van de vennootschap silver care b.v., die bestuurder is van de vennootschap)
- Permanent representative, Robin Simmering (vaste vertegenwoordiger van silver care b.v., bestuurder van de vennootschap)
- Power of attorney, Johanna Imbrechts
- Power of attorney, Maxime Degenaers
17-10
Gazette deed
Resignation: Rutger Hennen (director)2 points ▸
- General meeting, 21-09-2023
- Director resignation, Rutger Hennen (director)
18-09
Gazette deed
Appointment: Silver Care B.V. (director)Permanent representative: Daan Corvers3 points ▸
- General meeting, 14-07-2023
- Director appointment, Silver Care B.V. (director)
- Permanent representative, Daan Corvers
14-03
Gazette deed
Registered office moved from Etterbeek to WellenNew seat: Vloeiherkstraat 28B bus 1, 3830 Wellen · Previous seat: Priester Cuypersstraat 3, 1040 Etterbeek1 point ▸
- Registered-office move, Vloeiherkstraat 28B bus 1,3830 Wellen
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 9 July 2021, Comfora was incorporated as a private limited company.1 In 2022 the registered office moved to Wellen.2 Since 2026 the company has been called Comfora.3 Silver Care B.V. has served as director since 2024.4 Total assets went from €1.0m in 2022 to €2.2m in 2025 and headcount from 12.2 to 27.6 full-time equivalents.5
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Priester Cuypersstraat 3, 1040 Etterbeek until 01-03-2022 · act of 14-03-2022
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44032A0110/00N004 | Flanders | 2,928 m² | 1 · 1,673 m² | 19.4 m · 3 |
| 24014C0128/00M000 | Flanders | 2,588 m² | 1 · 1,666 m² | 5.6 m · 2 |
| 73098F1146/00G000 | Flanders | 1,111 m² | 1 · 1,111 m² | 8.4 m · 3 |
| 11007A0104/00G007 | Flanders | 588 m² | 1 · 531 m² | 11.2 m · 1 |
| 31003G0055/00V000 | Flanders | 187 m² | 1 · 156 m² | 8.8 m · 2 |