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Comimet

Active
Public limited companyfounded 1954active for 71 yearsHertogsstraat 37, 1000 Brussel, BelgiumKBO/BCE: BE 0403.230.780
Summary

Comimet has been active since 1954 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.6m and a net result of €98,816. Equity remains stable across the filed financial years (±2.4% per year). Its solvency ranks better than 84% of 5,766 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, full format

Turnover
€356,715▲ 43.4%
2024 · €248,793
EBIT margin
21.6%▲ 30.2pp
2024 · -8.6%
Net result
€98,816▲ 13×
2024 · €7,566
Working capital
€1.4m▲ 9.5%
2024 · €1.2m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €76,907 after a loss of €21,442 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€0.4m 2025 Operating result€0.08m 2025 Net result€0.1m 2025

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

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0.7m€0.2m▼ 72.7%€0.2m▲ 22.9%€0.4m▲ 43.4%
Operating result-€0.7m--€0.3m▲ 61.9%€0.006m€0.04m▲ 607%€0.5m▲ 12×€0.05m▼ 90.1%-€0.02m€0.08m
Net result-€0.8m--€0.3m▲ 64.0%€0.005mwithin the sector's middle half€0.06mwithin the sector's middle half▲ 12×€0.5mabove the sector's middle half▲ 821%€0.07mwithin the sector's middle half▼ 86.2%€0.008mwithin the sector's middle half▼ 89.8%€0.1mwithin the sector's middle half▲ 13×
EBIT margin73.8%26.9%▼ 46.9pp-8.6%▼ 35.5pp21.6%▲ 30.2pp
Equity€3.1m-€2.8m▼ 9.3%€2.8mabove the sector's middle half▲ 0.2%€2.8mabove the sector's middle half▲ 2.1%€3.4mabove the sector's middle half▲ 18.9%€3.5mabove the sector's middle half▲ 2.2%€3.5mabove the sector's middle half▲ 0.2%€3.6mwithin the sector's middle half▲ 2.9%
Total assets€4.1m-€3.1m▼ 24.1%€3.1mwithin the sector's middle half=€3.2mwithin the sector's middle half▲ 1.6%€3.9mwithin the sector's middle half▲ 22.6%€4.0mwithin the sector's middle half▲ 2.4%€4.0mwithin the sector's middle half▲ 0.9%€4.1mwithin the sector's middle half▲ 2.3%
Debt€0.1m-€0.1m▼ 18.0%€0.09m▼ 10.2%€0.07m▼ 16.2%€0.3m▲ 255%€0.3m▲ 6.7%€0.3m▲ 17.8%€0.4m▲ 12.0%
Working capital€2.1m-€1.1m▼ 45.9%€1.2mabove the sector's middle half▲ 3.5%€1.3mabove the sector's middle half▲ 6.8%€1.8mabove the sector's middle half▲ 39.7%€1.3mabove the sector's middle half▼ 25.6%€1.2mabove the sector's middle half▼ 4.7%€1.4mabove the sector's middle half▲ 9.5%
Solvency73.9%-88.3%▲ 14.4pp88.5%above the sector's middle half▲ 0.1pp88.9%above the sector's middle half▲ 0.4pp86.2%above the sector's middle half▼ 2.7pp86.0%above the sector's middle half▼ 0.2pp85.4%above the sector's middle half▼ 0.6pp85.8%above the sector's middle half▲ 0.4pp
Current ratio21.45-13.49▼ 7.9617.21above the sector's middle half▲ 3.7220.62above the sector's middle half▲ 3.4120.78above the sector's middle half▲ 0.1613.33above the sector's middle half▼ 7.459.04above the sector's middle half▼ 4.308.08above the sector's middle half▼ 0.95
Return on assets (ROA)-19.1%--9.1%▲ 10.0pp0.2%within the sector's middle half▲ 9.2pp1.8%within the sector's middle half▲ 1.7pp13.7%above the sector's middle half▲ 11.9pp1.9%within the sector's middle half▼ 11.8pp0.2%within the sector's middle half▼ 1.7pp2.4%within the sector's middle half▲ 2.2pp
Staff (FTE)1-1=0.8below the sector's middle half▼ 20.0%0below the sector's middle half▼ 100%
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.1m
Fixed assets €2.6m ▼ 2.3%
Current assets €1.6m ▲ 11.2%
Equity and liabilities €4.1m
Equity €3.6m ▲ 2.9%
Provisions €222,522 ▼ 16.2%
Debt €364,208 ▲ 12.0%
Debt's share of the balance-sheet total rises from 8.0% to 8.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€148,334▲
2024 · €43,257
Cash flow
€170,243▲
2024 · €72,265
Debt to equity
0.10▲
2024 · 0.09
ROE
2.8%▲
2024 · 0.2%
Interest coverage
over 100▲
2024 · 55.39
Debt ≤ 1 year
€192,898▲
2024 · €155,246
Income taxes
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96.1% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,475 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 14,766 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 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€4.0m€4.1m▲
Fixed assets21/28€2.6m€2.6m▼
Tangible fixed assets22/27€2.6m€2.6m▼
Land and buildings22€0.07m€0.07m=
Plant, machinery and equipment23€0-
Furniture and vehicles24€0.06m€0.06m▲
Other tangible fixed assets26€2.5m€2.5m▼
Current assets29/58€1.4m€1.6m▲
Amounts receivable within one year40/41€0.07m€0.06m▼
Trade receivables40€0.04m€0.02m▼
Other amounts receivable41€0.03m€0.04m▲
Current investments50/53€1.2m€1.3m▲
Cash at bank and in hand54/58€0.1m€0.2m▲
Deferred charges and accrued income490/1€0.01m€0.02m▲
Equity and liabilities
Total equity and liabilities10/49€4.0m€4.1m▲
Equity10/15€3.5m€3.6m▲
Contributions10/11€3.3m€3.3m=
Capital10€1.8m€1.8m=
Issued capital100€1.8m€1.8m=
Contributions outside capital11€1.5m€1.5m=
Share premium1100/10€1.5m€1.5m=
Reserves13€0.2m€0.2m=
Non-distributable reserves130/1€0.2m€0.2m=
Legal reserve130€0.2m€0.2m=
Tax-exempt reserves132€372€372=
Distributable reserves133€0.004m€0.004m=
Profit (loss) carried forward14-€0.02m€0.08m▲
Provisions and deferred taxes16€0.3m€0.2m▼
Provisions for liabilities and charges160/5€0.3m€0.2m▼
Major repairs and maintenance162€0.3m€0.2m▼
Amounts payable17/49€0.3m€0.4m▲
Amounts payable within one year42/48€0.2m€0.2m▲
Trade debts44€0.05m€0.07m▲
Suppliers440/4€0.05m€0.07m▲
Other amounts payable47/48€0.1m€0.1m▲
Accrued charges and deferred income492/3€0.2m€0.2m▲
Income statement Code20242025
Turnover70€0.2m€0.4m▲
Non-recurring operating income76A-€0.04m
Goods, raw materials, services and sundry goods60/61€0.1m€0.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.07m▲
Other operating charges640/8€0.09m€0.1m▲
Gross operating margin9900€0.1m€0.3m▲
Operating profit (loss)9901-€0.02m€0.08m▲
Financial income75/76B€0.03m€0.02m▼
Recurring financial income75€0.03m€0.02m▼
Financial charges65/66B€0.001m€0.001m▼
Recurring financial charges65€0.001m€0.001m▼
Profit (loss) for the period before taxes9903€0.008m€0.1m▲
Income taxes67/77-€0
Profit (loss) for the period9904€0.008m€0.1m▲
Profit (loss) for the period to be appropriated9905€0.008m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.02m€0.08m▲
Profit (loss) brought forward from the previous period14P-€0.03m-€0.02m▲

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

Line20182019202020212022202320242025Change
Turnover70----€742,038€202,465€248,793€356,715▲ 43.4%
Non-recurring operating income76A-----€171,929-€43,362-
Goods, raw materials, services and sundry goods60/61----€109,325€111,735€118,235€136,820▲ 15.7%
Remuneration, social security and pensions62----€22-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,325€24,977€23,331€21,415€11,726€116,577€64,699€71,427▲ 10.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€2,767-----
Provisions for liabilities and charges: additions (uses and reversals)635/8---€5,601€6,207€3,737---
Other operating charges640/8---€58,869€67,433€87,924€87,301€114,922▲ 31.6%
Gross operating margin9900€99,012€151,664€138,391€127,699€632,713€262,658€130,558€263,256▲ 102%
Operating profit (loss)9901-€748,416-€285,394€6,309€44,603€547,347€54,420-€21,442€76,907-
Financial income75/76B-----€20,623€29,789€22,428▼ 24.7%
Recurring financial income75€9,603€1,082---€20,623€29,789€22,428▼ 24.7%
Financial charges65/66B----€13,580€11,462€823€781€519▼ 33.5%
Recurring financial charges65€51,303€499€1,110-€13,580€1,784€823€781€519▼ 33.5%
Non-recurring financial charges66B----€9,678----
Profit (loss) for the period before taxes9903-€790,116-€284,811€5,199€58,183€535,885€74,220€7,566€98,816▲ 13×
Income taxes67/77--€417€0---€0-
Profit (loss) for the period9904-€790,116-€284,811€4,782€58,183€535,885€74,220€7,566€98,816▲ 13×
Profit (loss) for the period to be appropriated9905-€790,116-€284,811€4,782€58,183€535,885€74,220€7,566€98,816▲ 13×
Line20182019202020212022202320242025Change
Assets
Total assets20/58€4.1m€3.1m€3.1m€3.2m€3.9m€4.0m€4.0m€4.1m▲ 2.3%
Fixed assets21/28€1.9m€1.9m€1.9m€1.9m€2.1m€2.6m€2.6m€2.6m▼ 2.3%
Tangible fixed assets22/27€1.9m€1.9m€1.9m€1.9m€2.1m€2.6m€2.6m€2.6m▼ 2.3%
Land and buildings22---€0.07m€0.07m€0.07m€0.07m€0.07m=
Plant, machinery and equipment23---€0.003m€0.002m€0.001m€0--
Furniture and vehicles24---€0.06m€0.05m€0.05m€0.06m€0.06m▲ 1.4%
Other tangible fixed assets26---€1.7m€1.9m€2.5m€2.5m€2.5m▼ 2.5%
Current assets29/58€2.2m€1.2m€1.3m€1.3m€1.9m€1.4m€1.4m€1.6m▲ 11.2%
Amounts receivable within one year40/41€0.1m€0.1m€0.1m€0.1m€0.8m€0.07m€0.07m€0.06m▼ 22.1%
Trade receivables40---€0.1m€0.8m€0.04m€0.04m€0.02m▼ 59.1%
Other amounts receivable41---€0.01m€0.02m€0.02m€0.03m€0.04m▲ 36.1%
Current investments50/53€0.05m€0.05m€0.05m€105€0.4m€1.2m€1.2m€1.3m▲ 4.5%
Cash at bank and in hand54/58€1.4m€1.0m€1.1m€1.2m€0.7m€0.2m€0.1m€0.2m▲ 99.9%
Deferred charges and accrued income490/1---€0.002m€0.003m€0.02m€0.01m€0.02m▲ 78.5%
Equity and liabilities
Total equity and liabilities10/49€4.1m€3.1m€3.1m€3.2m€3.9m€4.0m€4.0m€4.1m▲ 2.3%
Equity10/15€3.1m€2.8m€2.8m€2.8m€3.4m€3.5m€3.5m€3.6m▲ 2.9%
Contributions10/11€1.8m€1.8m€1.8m€3.3m€3.3m€3.3m€3.3m€3.3m=
Capital10---€1.8m€1.8m€1.8m€1.8m€1.8m=
Issued capital100---€1.8m€1.8m€1.8m€1.8m€1.8m=
Contributions outside capital11---€1.5m€1.5m€1.5m€1.5m€1.5m=
Share premium1100/10---€1.5m€1.5m€1.5m€1.5m€1.5m=
Reserves13€0.1m€0.1m€0.1m€0.1m€0.2m€0.2m€0.2m€0.2m=
Non-distributable reserves130/1---€0.1m€0.2m€0.2m€0.2m€0.2m=
Legal reserve130---€0.1m€0.2m€0.2m€0.2m€0.2m=
Tax-exempt reserves132---€372€372€372€372€372=
Distributable reserves133---€0.004m€0.004m€0.004m€0.004m€0.004m=
Profit (loss) carried forward14-€0.4m-€0.6m-€0.6m-€0.6m-€0.09m-€0.03m-€0.02m€0.08m-
Provisions and deferred taxes16€1.0m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.2m▼ 16.2%
Provisions for liabilities and charges160/5---€0.3m€0.3m€0.3m€0.3m€0.2m▼ 16.2%
Major repairs and maintenance162---€0.3m€0.3m€0.3m€0.3m€0.2m▼ 16.2%
Amounts payable17/49€0.1m€0.1m€0.09m€0.07m€0.3m€0.3m€0.3m€0.4m▲ 12.0%
Amounts payable within one year42/48€0.1m€0.09m€0.07m€0.06m€0.09m€0.1m€0.2m€0.2m▲ 24.3%
Trade debts44€0.05m€0.03m€0.03m€0.02m€0.04m€0.04m€0.05m€0.07m▲ 42.1%
Suppliers440/4---€0.02m€0.04m€0.04m€0.05m€0.07m▲ 42.1%
Other amounts payable47/48---€0.05m€0.05m€0.07m€0.1m€0.1m▲ 16.0%
Accrued charges and deferred income492/3---€0.009m€0.2m€0.2m€0.2m€0.2m▲ 0.9%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€790,116-€284,811€4,782€58,183€535,885€74,220€7,566€98,816▲ 13×
+ Depreciation and write-downs630€39,325€24,977€23,331€21,415€11,726€116,577€64,699€71,427▲ 10.4%
Operating cash flow (approximation)-€750,791-€259,834€28,113€79,598€547,611€190,797€72,265€170,243▲ 136%
Investment in fixed assets (approximation)--€4,958-€1,949€0-€208,598-€645,242-€115,651-€9,890▲ 91.4%
Change in cash--€307,176€31,630€116,602-€537,087-€471,829-€73,835€108,527-

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

Download as CSV

Latest 10 of 49 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 04-06-2026 2026-00137976
31-12-2024 full format 17-06-2025 2025-00146634
31-12-2023 full format 28-06-2024 2024-00197946
31-12-2022 full format 12-07-2023 2023-00228990
31-12-2021 full format 28-06-2022 2022-20143442
31-12-2020 full format 29-06-2021 2021-28200401
31-12-2019 full format 10-07-2020 2020-28500381
31-12-2018 full format 29-05-2019 2019-15100139
31-12-2017 full format 28-05-2018 2018-14300108
31-12-2016 full format 18-05-2017 2017-12500467

Show all 49 filings

Similar companies · same sector, comparable size

Of the 7,226 active companies whose main activity is buying and selling of own real estate (NACE 68110), figures are known for 5,496. 2,122 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.