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CommeN

Active
Private limited companyfounded 2021active for 4 yearsBeursstraat 36, 3832 Wellen, BelgiumKBO/BCE: BE 0776.532.213
Summary

The computed 12-month bankruptcy probability of CommeN is 2.0% (moderate). The 2025 annual accounts show equity of €2,335 and a net result of €18,535. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 5,571 sector peers (NACE 96, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€2,335
2024 · -€16,199
Total assets
€95,313▲ 32.1%
2024 · €72,169
Net result
€18,535
2024 · -€19,086
Working capital
-€87,748▼ 1.8%
2024 · -€86,218
Trend over the years

2022 to 2025, 4 financial years

The operating result returns to profit in 2025: €22,372 after a loss of €18,357 in 2024, the highest result in the available series.

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

Operating result€22,372 2025 Net result€18,535 2025

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

Sector: the middle half of NACE 96, Personal service 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).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€12,122--€10,401-€18,357▼ 76.5%€22,372
Net result€10,351within the sector's middle half--€12,465below the sector's middle half-€19,086below the sector's middle half▼ 53.1%€18,535above the sector's middle half
Equity€15,351within the sector's middle half-€2,887within the sector's middle half▼ 81.2%-€16,199below the sector's middle half€2,335within the sector's middle half
Total assets€102,085within the sector's middle half-€84,756within the sector's middle half▼ 17.0%€72,169within the sector's middle half▼ 14.9%€95,313within the sector's middle half▲ 32.1%
Debt€86,734-€81,869▼ 5.6%€88,368▲ 7.9%€92,977▲ 5.2%
Working capital-€22,536within the sector's middle half--€44,009below the sector's middle half▼ 95.3%-€86,218below the sector's middle half▼ 95.9%-€87,748below the sector's middle half▼ 1.8%
Solvency15.0%within the sector's middle half-3.4%within the sector's middle half▼ 11.6pp-22.4%below the sector's middle half▼ 25.9pp2.5%within the sector's middle half▲ 24.9pp
Current ratio0.15below the sector's middle half-0.00below the sector's middle half▼ 0.150.01below the sector's middle half▲ 0.010.06below the sector's middle half▲ 0.05
Return on assets (ROA)10.1%within the sector's middle half--14.7%below the sector's middle half▼ 24.8pp-26.4%below the sector's middle half▼ 11.7pp19.4%above the sector's middle half▲ 45.9pp
above within below the middle half of NACE 96, Personal service 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95,313
Fixed assets €90,083 ▲ 26.3%
Current assets €5,230 ▲ 507%
Equity and liabilities €95,313
Equity €2,335
Debt €92,977
Debt finances 97.5% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26,671▲
2024 · -€4,921
Cash flow
€22,834▲
2024 · -€5,650
Quick ratio
0.03▲
2024 · 0.01
Debt to equity
39.81
ROE
793.6%
Interest coverage
6.95▲
2024 · -6.75
Debt ≤ 1 year
€92,977▲
2024 · €87,080
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,468 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% 1.0%
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% 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 2,157 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 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€72,169€95,313▲
Fixed assets21/28€71,307€90,083▲
Tangible fixed assets22/27€71,307€90,083▲
Other tangible fixed assets26€71,307€90,083▲
Current assets29/58€862€5,230▲
Stocks and contracts in progress3-€2,199
Stocks30/36-€2,199
Amounts receivable within one year40/41€862€385▼
Trade receivables40-€385
Other amounts receivable41€862-
Cash at bank and in hand54/58-€2,245
Deferred charges and accrued income490/1-€400
Equity and liabilities
Total equity and liabilities10/49€72,169€95,313▲
Equity10/15-€16,199€2,335▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€21,199-€2,665▲
Amounts payable17/49€88,368€92,977▲
Amounts payable within one year42/48€87,080€92,977▲
Current portion of amounts payable after more than one year42€57,910€63,939▲
Financial debts43€7,052-
Credit institutions430/8€7,052-
Trade debts44€3,975€284▼
Suppliers440/4€3,975€284▼
Taxes, remuneration and social security45€178€1,189▲
Taxes450/3€178€1,189▲
Other amounts payable47/48€17,965€27,566▲
Accrued charges and deferred income492/3€1,288-
Income statement Code20242025
Non-recurring operating income76A-€23,076
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,436€4,299▼
Other operating charges640/8€449€462▲
Gross operating margin9900-€4,472€27,133▲
Operating profit (loss)9901-€18,357€22,372▲
Financial charges65/66B€729€3,837▲
Recurring financial charges65€729€3,837▲
Profit (loss) for the period before taxes9903-€19,086€18,535▲
Profit (loss) for the period9904-€19,086€18,535▲
Profit (loss) for the period to be appropriated9905-€19,086€18,535▲
Appropriation of the result
Profit (loss) to be appropriated9906-€21,199-€2,665▲
Profit (loss) brought forward from the previous period14P-€2,113-€21,199▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Non-recurring operating income76A---€23,076-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,307€13,436€13,436€4,299▼ 68.0%
Other operating charges640/8€757-€449€462▲ 2.8%
Gross operating margin9900€22,186€3,035-€4,472€27,133-
Operating profit (loss)9901€12,122-€10,401-€18,357€22,372-
Financial income75/76B€9€0---
Recurring financial income75€9€0---
Financial charges65/66B€1,780€2,064€729€3,837▲ 426%
Recurring financial charges65€1,780€2,064€729€3,837▲ 426%
Profit (loss) for the period before taxes9903€10,351-€12,465-€19,086€18,535-
Profit (loss) for the period9904€10,351-€12,465-€19,086€18,535-
Profit (loss) for the period to be appropriated9905€10,351-€12,465-€19,086€18,535-
Line2022202320242025Change
Assets
Total assets20/58€102,085€84,756€72,169€95,313▲ 32.1%
Fixed assets21/28€98,178€84,742€71,307€90,083▲ 26.3%
Tangible fixed assets22/27€98,178€84,742€71,307€90,083▲ 26.3%
Other tangible fixed assets26€98,178€84,742€71,307€90,083▲ 26.3%
Current assets29/58€3,907€13€862€5,230▲ 507%
Stocks and contracts in progress3---€2,199-
Stocks30/36---€2,199-
Amounts receivable within one year40/41-€13€862€385▼ 55.3%
Trade receivables40-€13-€385-
Other amounts receivable41--€862--
Cash at bank and in hand54/58€3,907--€2,245-
Deferred charges and accrued income490/1---€400-
Equity and liabilities
Total equity and liabilities10/49€102,085€84,756€72,169€95,313▲ 32.1%
Equity10/15€15,351€2,887-€16,199€2,335-
Contributions10/11€5,000€5,000€5,000€5,000=
Reserves13€10,351----
Distributable reserves133€10,351----
Profit (loss) carried forward14--€2,113-€21,199-€2,665▲ 87.4%
Amounts payable17/49€86,734€81,869€88,368€92,977▲ 5.2%
Amounts payable after more than one year17€59,391€36,947---
Financial debts170/4€59,391€36,947---
Amounts payable within one year42/48€26,442€44,022€87,080€92,977▲ 6.8%
Current portion of amounts payable after more than one year42€19,059€23,820€57,910€63,939▲ 10.4%
Financial debts43-€4,646€7,052--
Credit institutions430/8-€4,646€7,052--
Trade debts44€2,854€315€3,975€284▼ 92.8%
Suppliers440/4€2,854€315€3,975€284▼ 92.8%
Taxes, remuneration and social security45€3,986€178€178€1,189▲ 568%
Taxes450/3€1,731€178€178€1,189▲ 568%
Remuneration and social security454/9€2,255----
Other amounts payable47/48€543€15,063€17,965€27,566▲ 53.4%
Accrued charges and deferred income492/3€900€900€1,288--
Line2022202320242025Change
Profit (loss) for the period9904€10,351-€12,465-€19,086€18,535-
+ Depreciation and write-downs630€9,307€13,436€13,436€4,299▼ 68.0%
Operating cash flow (approximation)€19,658€971-€5,650€22,834-
Investment in fixed assets (approximation)-€0€0-€23,076-

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