ComOp
ActiveSummary
ComOp has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,519 and a net result of €10,463. Equity has been growing by about 15% per year since 2020. Its solvency ranks better than 82% of 2,084 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 20-09-2018 Normal situation
- Activity
- Public relations and communication consultancy NACE 73300and 1 other
- Establishment unit
- 2.280.151.284 2970 Schilde, since 20-09-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 21-03-2025
Board and ownership
- Wathion HenkDirector · since 20-09-2018
- Van Nuffel ManuellaDirector · since 28-12-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €16,779
- ▲ 126%
- Turnover
- ≈ €110,000
- estimated
- Profit
- €10,463
- ▲ 58.5%
- Equity
- €70,519
- ▲ 17.4%
- Total assets
- €87,712
- ▲ 14.7%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskSize: total assets €87,712Last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskSector: Advertising, market research and public relations activities (NACE 73)Equity €70,519 (80.4% of total assets)Show the evidence
Checked score
About 7 in 1,000 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 73, micro). It does better than 87% of them on solvency, 30% on liquidity, 59% on profitability and 68% 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 6 accounts on average 13 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00488992.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 6 filings
Every figure per financial year
The operating result for 2025 is 142% higher than in 2024. It is a recovery after the fall 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.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,350 | - | - | - | - |
| Depreciation and write-downs of the year | €1,229 | €1,229 | €600 | €239 | €39 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €829 | €1,229 | €1,229 | €600 | €239 | €39 | ▼ 83.6% |
| Other operating charges640/8 | - | €1,750 | €1,092 | €3,008 | €809 | €1,270 | ▲ 57.0% |
| Gross operating margin9900 | €7,380 | €30,564 | €15,377 | €12,657 | €7,440 | €16,779 | ▲ 126% |
| Operating profit (loss)9901 | €5,730 | €27,585 | €13,056 | €9,049 | €6,392 | €15,469 | ▲ 142% |
| Financial income75/76B | - | €1,372 | €2,098 | €2,493 | €5,270 | €2,969 | ▼ 43.7% |
| Recurring financial income75 | €1,611 | €1,372 | €2,098 | €2,493 | €5,270 | €2,969 | ▼ 43.7% |
| Financial charges65/66B | - | €535 | €2,419 | €1,065 | €690 | €2,125 | ▲ 208% |
| Recurring financial charges65 | €641 | €535 | €2,419 | €1,065 | €690 | €2,125 | ▲ 208% |
| Profit (loss) for the period before taxes9903 | €6,700 | €28,421 | €12,735 | €10,478 | €10,972 | €16,312 | ▲ 48.7% |
| Income taxes67/77 | €2,585 | €9,588 | €5,878 | €4,883 | €4,370 | €5,850 | ▲ 33.9% |
| Profit (loss) for the period9904 | €4,115 | €18,833 | €6,857 | €5,595 | €6,602 | €10,463 | ▲ 58.5% |
| Profit (loss) for the period to be appropriated9905 | €4,115 | €18,833 | €6,857 | €5,595 | €6,602 | €10,463 | ▲ 58.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €43,885 | €64,553 | €65,609 | €82,887 | €76,451 | €87,712 | ▲ 14.7% |
| Fixed assets21/28 | €3,335 | €3,457 | €2,228 | €1,628 | €1,389 | €1,350 | ▼ 2.8% |
| Tangible fixed assets22/27 | €3,335 | €3,457 | €2,228 | €1,628 | €1,389 | €1,350 | ▼ 2.8% |
| Plant, machinery and equipment23 | - | €756 | €517 | €278 | €39 | €0 | ▼ 100% |
| Leasing and similar rights25 | - | €1,351 | €361 | €0 | - | - | - |
| Other tangible fixed assets26 | - | €1,350 | €1,350 | €1,350 | €1,350 | €1,350 | = |
| Current assets29/58 | €40,550 | €61,097 | €63,382 | €81,259 | €75,061 | €86,362 | ▲ 15.1% |
| Amounts receivable within one year40/41 | €34,931 | €48,626 | €57,769 | €71,064 | €73,065 | €83,053 | ▲ 13.7% |
| Trade receivables40 | - | €22,998 | €20,872 | €12,476 | €16,900 | €10,118 | ▼ 40.1% |
| Other amounts receivable41 | - | €25,628 | €36,897 | €58,589 | €56,165 | €72,935 | ▲ 29.9% |
| Current investments50/53 | €1,390 | €1,390 | €1,390 | €1,390 | €1,390 | €1,390 | = |
| Cash at bank and in hand54/58 | €2,752 | €10,053 | €3,778 | €7,872 | €330 | €1,656 | ▲ 402% |
| Deferred charges and accrued income490/1 | - | €1,028 | €444 | €933 | €276 | €263 | ▼ 4.7% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €43,885 | €64,553 | €65,609 | €82,887 | €76,451 | €87,712 | ▲ 14.7% |
| Equity10/15 | €22,169 | €41,003 | €47,860 | €53,454 | €60,056 | €70,519 | ▲ 17.4% |
| Contributions10/11 | - | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €21,169 | €40,003 | €46,860 | €52,454 | €59,056 | €69,519 | ▲ 17.7% |
| Distributable reserves133 | - | €40,003 | €46,860 | €52,454 | €59,056 | €69,519 | ▲ 17.7% |
| Amounts payable17/49 | €21,716 | €23,550 | €17,750 | €29,433 | €16,394 | €17,193 | ▲ 4.9% |
| Amounts payable after more than one year17 | €1,531 | €556 | €0 | - | - | - | - |
| Financial debts170/4 | - | €556 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €20,184 | €22,994 | €17,257 | €29,433 | €16,394 | €17,193 | ▲ 4.9% |
| Current portion of amounts payable after more than one year42 | - | €975 | €556 | €0 | - | - | - |
| Financial debts43 | - | - | - | €773 | €0 | €811 | - |
| Credit institutions430/8 | - | - | - | €773 | €0 | - | - |
| Other loans439 | - | - | - | - | - | €811 | - |
| Trade debts44 | €5,135 | €5,080 | €54 | €2,028 | €177 | €3,295 | ▲ 19× |
| Suppliers440/4 | - | €5,080 | €54 | €2,028 | €177 | €3,295 | ▲ 19× |
| Taxes, remuneration and social security45 | - | €16,939 | €16,647 | €26,632 | €16,217 | €13,087 | ▼ 19.3% |
| Taxes450/3 | - | €16,939 | €16,647 | €26,632 | €16,217 | €13,087 | ▼ 19.3% |
| Accrued charges and deferred income492/3 | - | - | €492 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,115 | €18,833 | €6,857 | €5,595 | €6,602 | €10,463 | ▲ 58.5% |
| + Depreciation and write-downs630 | €829 | €1,229 | €1,229 | €600 | €239 | €39 | ▼ 83.6% |
| Operating cash flow (approximation) | €4,944 | €20,062 | €8,086 | €6,194 | €6,841 | €10,502 | ▲ 53.5% |
| Investment in fixed assets (approximation) | - | -€1,350 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €7,300 | -€6,275 | €4,094 | -€7,542 | €1,326 | - |
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, 26,972 companies had the same profile as ComOp has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ComOp itself: 0.7% 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 26,972 companies, not a prediction for ComOp. 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 (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00488992 | |
| 31-12-2024 | abbreviated format | 25-07-2025 | 2025-00317632 | |
| 31-12-2023 | abbreviated format | 26-07-2024 | 2024-00299245 | |
| 31-12-2022 | abbreviated format | 04-07-2023 | 2023-00206384 | |
| 31-12-2021 | abbreviated format | 30-06-2022 | 2022-20110187 | |
| 31-12-2020 | abbreviated format | 23-06-2021 | 2021-22800022 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Wathion Henk |
|
| Van Nuffel Manuella |
|
Network & group
ComOp shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of ComOp. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11039A0440/00K003 | Flanders | 2,026 m² | 1 · 275 m² | 7.9 m · 1 |