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Compagnon

Active
Private limited companyfounded 20224 yrs activeBaron Ruzettelaan 1, 8310 Brugge, BelgiumKBO/BCE: BE 0782.670.531
Summary

Compagnon has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,881 and a net result of €3,305. Equity is shrinking by ~28% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 20% of 3505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability80▲+80
Solvency35▲+9
Growth32=
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 3505 sector peers (2025).
NBB · sector comparison
Position among 3505 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
24 d early
2024
35 d early
2023
16 d early
2022
10 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Compagnon was incorporated on 28 February 2022 as a Private limited company.1 Total assets rose from EUR 14,318 in 2022 to EUR 37,185 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€3,881▲ 574%
2024 · €576
Total assets
€37,185▼ 24.1%
2024 · €48,978
Net result
€3,305
2024 · -€7,274
Working capital
-€3,125▲ 27.5%
2024 · -€4,310
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€5,669-€1,297▼ 77.1%-€6,601€4,714
Net result€4,404within the sector's middle half-€446within the sector's middle half▼ 89.9%-€7,274below the sector's middle half€3,305within the sector's middle half
Equity€7,404below the sector's middle half-€7,850below the sector's middle half▲ 6.0%€576below the sector's middle half▼ 92.7%€3,881below the sector's middle half▲ 574%
Total assets€14,318below the sector's middle half-€39,050below the sector's middle half▲ 173%€48,978within the sector's middle half▲ 25.4%€37,185below the sector's middle half▼ 24.1%
Debt€6,914-€31,200▲ 351%€48,402▲ 55.1%€33,304▼ 31.2%
Working capital€7,404-€3,436▼ 53.6%-€4,310-€3,125▲ 27.5%
Solvency51.7%within the sector's middle half-20.1%within the sector's middle half▼ 31.6pp1.2%below the sector's middle half▼ 18.9pp10.4%below the sector's middle half▲ 9.3pp
above within below the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000Operating result 2022: €5,669€5,669Net result 2022: €4,404€4,404Operating result 2023: €1,297€1,297Net result 2023: €446€446Operating result 2024: -€6,601-€6,601Net result 2024: -€7,274-€7,274Operating result 2025: €4,714€4,714Net result 2025: €3,305€3,3052022202320242025-€10,000-€5,000€0€5,000Operating result 2023: €1,297€1,300Net result 2023: €446€446Operating result 2024: -€6,601-€6,600Net result 2024: -€7,274-€7,270Operating result 2025: €4,714€4,710Net result 2025: €3,305€3,310202320242025
The operating result returns to profit in 2025: €4,714 after a loss of €6,601 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37,185
Fixed assets €7,482 ▲ 53.1%
Current assets €29,703 ▼ 32.6%
Equity and liabilities €37,185
Equity €3,881 ▲ 574%
Debt €33,304 ▼ 31.2%
Debt's share of the balance-sheet total falls from 98.8% to 89.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,764▲
2024 · -€5,325
Cash flow
€4,355▲
2024 · -€5,998
Current ratio
0.90▼
2024 · 0.91
Debt to equity
8.58
ROE
85.2%
ROA
8.9%▲
2024 · -14.9%
Interest coverage
8.17▲
2024 · -3.67
Debt ≤ 1 year
€32,828▼
2024 · €48,402
Income taxes
€1,601
Staff costs
€21,552▼
2024 · €82,958
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 7,976 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 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€48,978€37,185▼
Fixed assets21/28€4,886€7,482▲
Tangible fixed assets22/27€3,851€6,447▲
Plant, machinery and equipment23€3,851€0▼
Furniture and vehicles24-€6,447
Financial fixed assets28€1,035€1,035=
Current assets29/58€44,092€29,703▼
Amounts receivable within one year40/41€36,695€11,095▼
Trade receivables40€36,695€11,095▼
Cash at bank and in hand54/58€4,264€18,116▲
Deferred charges and accrued income490/1€3,134€492▼
Equity and liabilities
Total equity and liabilities10/49€48,978€37,185▼
Equity10/15€576€3,881▲
Contributions10/11€3,000€3,000=
Reserves13-€881
Distributable reserves133-€881
Profit (loss) carried forward14-€2,424€0▲
Amounts payable17/49€48,402€33,304▼
Amounts payable within one year42/48€48,402€32,828▼
Trade debts44€9,090€11,664▲
Suppliers440/4€9,090€11,664▲
Advances received on contracts in progress46-€0
Taxes, remuneration and social security45€31,426€13,661▼
Taxes450/3€7,343€8,907▲
Remuneration and social security454/9€24,083€4,753▼
Other amounts payable47/48€7,886€7,503▼
Accrued charges and deferred income492/3-€476
Income statement Code20242025
Remuneration, social security and pensions62€82,958€21,552▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,276€1,050▼
Other operating charges640/8€481€395▼
Non-recurring operating charges66A-€2,354
Gross operating margin9900€78,114€30,066▼
Operating profit (loss)9901-€6,601€4,714▲
Financial income75/76B€778€897▲
Recurring financial income75€778€897▲
Financial charges65/66B€1,451€705▼
Recurring financial charges65€1,451€705▼
Profit (loss) for the period before taxes9903-€7,274€4,906▲
Income taxes67/77-€1,601
Profit (loss) for the period9904-€7,274€3,305▲
Profit (loss) for the period to be appropriated9905-€7,274€3,305▲
Appropriation of the result
Profit (loss) to be appropriated9906-€7,274€881▲
Profit (loss) brought forward from the previous period14P--€2,424
Transfer from equity791/2€4,850€0▼
Transfer to equity691/2-€881
To other reserves6921-€881

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Remuneration, social security and pensions62-€46,179€82,958€21,552▼ 74.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€776€1,276€1,050▼ 17.8%
Other operating charges640/8€639€563€481€395▼ 17.8%
Non-recurring operating charges66A---€2,354-
Gross operating margin9900€6,308€48,815€78,114€30,066▼ 61.5%
Operating profit (loss)9901€5,669€1,297-€6,601€4,714▲ 171%
Financial income75/76B€15€8€778€897▲ 15.2%
Recurring financial income75€15€8€778€897▲ 15.2%
Financial charges65/66B€126€197€1,451€705▼ 51.4%
Recurring financial charges65€126€197€1,451€705▼ 51.4%
Profit (loss) for the period before taxes9903€5,559€1,107-€7,274€4,906▲ 167%
Income taxes67/77€1,155€661-€1,601-
Profit (loss) for the period9904€4,404€446-€7,274€3,305▲ 145%
Profit (loss) for the period to be appropriated9905€4,404€446-€7,274€3,305▲ 145%
Line2022202320242025Change
Assets
Total assets20/58€14,318€39,050€48,978€37,185▼ 24.1%
Fixed assets21/28-€4,414€4,886€7,482▲ 53.1%
Tangible fixed assets22/27-€3,379€3,851€6,447▲ 67.4%
Plant, machinery and equipment23-€3,379€3,851€0▼ 100%
Furniture and vehicles24---€6,447-
Financial fixed assets28-€1,035€1,035€1,035=
Current assets29/58€14,318€34,635€44,092€29,703▼ 32.6%
Amounts receivable within one year40/41€3,514€25,276€36,695€11,095▼ 69.8%
Trade receivables40€1,217€25,276€36,695€11,095▼ 69.8%
Other amounts receivable41€2,296----
Current investments50/53-€9,360---
Cash at bank and in hand54/58€10,804-€4,264€18,116▲ 325%
Deferred charges and accrued income490/1--€3,134€492▼ 84.3%
Equity and liabilities
Total equity and liabilities10/49€14,318€39,050€48,978€37,185▼ 24.1%
Equity10/15€7,404€7,850€576€3,881▲ 574%
Contributions10/11€3,000€3,000€3,000€3,000=
Reserves13-€4,850-€881-
Distributable reserves133-€4,850-€881-
Profit (loss) carried forward14€4,404--€2,424€0▲ 100%
Amounts payable17/49€6,914€31,200€48,402€33,304▼ 31.2%
Amounts payable within one year42/48€6,914€31,200€48,402€32,828▼ 32.2%
Trade debts44€3,837€7,878€9,090€11,664▲ 28.3%
Suppliers440/4€3,837€7,878€9,090€11,664▲ 28.3%
Advances received on contracts in progress46---€0-
Taxes, remuneration and social security45€1,155€17,077€31,426€13,661▼ 56.5%
Taxes450/3€1,155€11,666€7,343€8,907▲ 21.3%
Remuneration and social security454/9-€5,411€24,083€4,753▼ 80.3%
Other amounts payable47/48€1,922€6,245€7,886€7,503▼ 4.9%
Accrued charges and deferred income492/3---€476-
Line2022202320242025Change
Profit (loss) for the period9904€4,404€446-€7,274€3,305▲ 145%
+ Depreciation and write-downs630-€776€1,276€1,050▼ 17.8%
Operating cash flow (approximation)€4,404€1,222-€5,998€4,355▲ 173%
Investment in fixed assets (approximation)---€1,748-€3,646▼ 109%
Change in cash---€13,852-

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €3,305
Net result €3,305 after one loss-making year.
26-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€7,274
Net result drops to -€7,274, the lowest in the series; recovery starts the following year.
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
10-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
6,856 m²
Building footprint
2,547 m²
Volume, LiDAR
35,399 m³
Parcel 31434C0037/00L007, Flanders · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
Compagnon
Baron Ruzettelaan 1, 8310 BruggeOther professional, scientific and technical activities
since 20222.328.418.088
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31434C0037/00L007 Flanders 6,856 m² 1 · 2,547 m² 18.2 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2024 · 2 entries · 4,250 EUR awarded · 4,250 EUR paid
Year Entries awardedpaid
2024 1 3,000 EUR3,000 EUR
2023 1 1,250 EUR1,250 EUR
Schemes
2 entries · 4,250 EUR · 4,250 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 6,288 companies in sector 74120 we hold annual accounts for 1,011. 461 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
74120Graphic design and visual communication
90201Performing arts by independent artists
90393Specialised image, lighting and sound technical services
93299Other amusement and recreation activities
Contact
E-mail info@compagnon.agency
E-invoicing
Reachable via Peppol
Peppol ID 0208:0782670531
Also 9925:BE0782670531
Registered 30-10-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.