COMITAS
ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.
Annual accounts 2024 filed on 09-10-2025 PDF all 2 filings
2023 to 2024, 2 financial years
The operating result for 2024 is 65% higher than in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2023 | 2024 |
|---|---|---|
| Tangible fixed assets | €10,675 | €240,000 |
| Depreciation and write-downs of the year | €1,869 | €7,330 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as COMITAS: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €317,000 and €398,000, founded between 2022 and 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| COMITAS Hasselt | 2022 | €376,982 | €72,007 | €104,496 | €41,069 | 2024 |
| MAITÉ VELGHE Lochristi | 2022 | €398,094 | €274,053 | €99,936 | €91,671 | 2025 |
| Fiti Law Edegem | 2023 | €347,017 | €248,739 | €104,974 | €87,606 | 2025 |
| OvanB Law Office Beersel | 2022 | €386,561 | €97,364 | €106,147 | €76,853 | 2025 |
| Romca Brussel | 2023 | €325,947 | €247,983 | €109,141 | €78,696 | 2025 |
| LEGEA Leuven | 2023 | €363,895 | €173,480 | €90,590 | €56,416 | 2025 |
| PB Legal Brussel | 2023 | €316,646 | €217,905 | €107,029 | €85,302 | 2025 |
They were chosen from the 9,371 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 7,976 companies had the same profile as COMITAS has now. Two years later, 3.6% had gone bankrupt and 94.3% were still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of COMITAS itself is higher: 8.8% within 12 months. It rests on far more data about COMITAS than the profile alone.
Test of the method
The method was tested on the 497,445 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 7,976 companies, not a prediction for COMITAS. 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,869 | €7,330 | ▲ 292% |
| Other operating charges640/8 | €2,331 | €33,858 | ▲ 15× |
| Gross operating margin9900 | €42,642 | €104,496 | ▲ 145% |
| Operating profit (loss)9901 | €38,442 | €63,308 | ▲ 64.7% |
| Financial income75/76B | €231 | €0 | ▼ 100.0% |
| Recurring financial income75 | €231 | €0 | ▼ 100.0% |
| Financial charges65/66B | €1,083 | €5,815 | ▲ 437% |
| Recurring financial charges65 | €1,083 | €5,815 | ▲ 437% |
| Profit (loss) for the period before taxes9903 | €37,591 | €57,493 | ▲ 52.9% |
| Income taxes67/77 | €9,153 | €16,424 | ▲ 79.4% |
| Profit (loss) for the period9904 | €28,438 | €41,069 | ▲ 44.4% |
| Profit (loss) for the period to be appropriated9905 | €28,438 | €41,069 | ▲ 44.4% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €61,125 | €376,982 | ▲ 517% |
| Fixed assets21/28 | €8,806 | €241,476 | ▲ 27× |
| Tangible fixed assets22/27 | €8,806 | €241,476 | ▲ 27× |
| Land and buildings22 | €6,767 | €240,160 | ▲ 35× |
| Furniture and vehicles24 | €2,039 | €1,317 | ▼ 35.4% |
| Current assets29/58 | €52,318 | €135,506 | ▲ 159% |
| Amounts receivable within one year40/41 | €51,840 | €88,629 | ▲ 71.0% |
| Trade receivables40 | €24,201 | €34,468 | ▲ 42.4% |
| Other amounts receivable41 | €27,639 | €54,161 | ▲ 96.0% |
| Cash at bank and in hand54/58 | €479 | €488 | ▲ 2.0% |
| Deferred charges and accrued income490/1 | - | €46,388 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €61,125 | €376,982 | ▲ 517% |
| Equity10/15 | €30,938 | €72,007 | ▲ 133% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €28,438 | €69,507 | ▲ 144% |
| Amounts payable17/49 | €30,187 | €304,974 | ▲ 910% |
| Amounts payable after more than one year17 | - | €205,038 | - |
| Financial debts170/4 | - | €205,038 | - |
| Amounts payable within one year42/48 | €30,187 | €99,936 | ▲ 231% |
| Current portion of amounts payable after more than one year42 | - | €7,792 | - |
| Trade debts44 | €655 | €4,542 | ▲ 593% |
| Suppliers440/4 | €655 | €4,542 | ▲ 593% |
| Advances received on contracts in progress46 | €8,760 | €56,130 | ▲ 541% |
| Taxes, remuneration and social security45 | €20,772 | €31,472 | ▲ 51.5% |
| Taxes450/3 | €20,772 | €31,472 | ▲ 51.5% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €28,438 | €41,069 | ▲ 44.4% |
| + Depreciation and write-downs630 | €1,869 | €7,330 | ▲ 292% |
| Operating cash flow (approximation) | €30,307 | €48,399 | ▲ 59.7% |
| Investment in fixed assets (approximation) | - | -€240,000 | - |
| Change in cash | - | €10 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.