Comyn
ActiveSummary
The computed 12-month bankruptcy probability of Comyn is 3.2% (moderate). The 2024 annual accounts show equity of €9,148 and a net result of €8,741. Equity is growing by ~1150.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 289 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability77▲+8
Solvency32▲+7
Growth78=
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
7%
Return on assets
6.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 289 sector peers (2024).
NBB · sector comparisonPosition among 289 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
40 d early
2022
40 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€9,148▲ 2,145%
2023 · €407
Total assets
€130,746▼ 9.2%
2023 · €143,931
Net result
€8,741▲ 1,274%
2023 · €636
Working capital
-€43,248▲ 17.5%
2023 · -€52,452
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result-€8,858-€3,327€10,842▲ 226%
Net result-€10,229-€636€8,741▲ 1,274%
Equity-€229-€407€9,148▲ 2,145%
Total assets€124,696-€143,931▲ 15.4%€130,746▼ 9.2%
Debt€124,925-€143,524▲ 14.9%€121,598▼ 15.3%
Working capital-€44,729--€52,452▼ 17.3%-€43,248▲ 17.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 226% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €129,808
Fixed assets
€94,436 ▼ 20.7%
Current assets
€35,372 ▲ 50.4%
Equity and liabilities €130,746
Equity
€9,148 ▲ 2,145%
Debt
€121,598 ▼ 15.3%
Debt's share of the balance-sheet total falls from 99.7% to 93.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35,877▲
2023 · €27,298
Cash flow
€33,776▲
2023 · €24,607
Current ratio
0.45▲
2023 · 0.31
Quick ratio
0.44▲
2023 · 0.28
Debt to equity
13.29
ROE
95.5%
ROA
6.7%▲
2023 · 0.4%
Interest coverage
16.85▲
2023 · 10.09
Debt ≤ 1 year
€78,620▲
2023 · €75,974
Debt > 1 year
€42,978▼
2023 · €67,550
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,155 companies that looked in July 2024 the way this one looks now, 2.6% 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
2.6%
went bankrupt
2.6%
stopped otherwise
94%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.2% 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%.
| 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 2,155 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
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,032 | €23,971 | €25,035 | ▲ 4.4% |
| Other operating charges640/8 | - | €262 | €280 | ▲ 7.2% |
| Gross operating margin9900 | €1,174 | €27,560 | €36,158 | ▲ 31.2% |
| Operating profit (loss)9901 | -€8,858 | €3,327 | €10,842 | ▲ 226% |
| Financial income75/76B | - | €13 | €28 | ▲ 109% |
| Recurring financial income75 | - | €13 | €28 | ▲ 109% |
| Financial charges65/66B | €1,371 | €2,705 | €2,129 | ▼ 21.3% |
| Recurring financial charges65 | €1,371 | €2,705 | €2,129 | ▼ 21.3% |
| Profit (loss) for the period before taxes9903 | -€10,229 | €636 | €8,741 | ▲ 1,274% |
| Profit (loss) for the period9904 | -€10,229 | €636 | €8,741 | ▲ 1,274% |
| Profit (loss) for the period to be appropriated9905 | -€10,229 | €636 | €8,741 | ▲ 1,274% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €124,696 | €143,931 | €130,746 | ▼ 9.2% |
| Formation expenses20 | €1,820 | €1,379 | €938 | ▼ 32.0% |
| Fixed assets21/28 | €107,694 | €119,030 | €94,436 | ▼ 20.7% |
| Tangible fixed assets22/27 | €107,694 | €119,030 | €94,436 | ▼ 20.7% |
| Plant, machinery and equipment23 | €90,902 | €78,719 | €65,493 | ▼ 16.8% |
| Furniture and vehicles24 | €16,791 | €40,311 | €28,943 | ▼ 28.2% |
| Current assets29/58 | €15,183 | €23,522 | €35,372 | ▲ 50.4% |
| Stocks and contracts in progress3 | €2,140 | €2,039 | €874 | ▼ 57.1% |
| Stocks30/36 | €2,140 | €2,039 | €874 | ▼ 57.1% |
| Amounts receivable within one year40/41 | €3,626 | €2,890 | €3,793 | ▲ 31.2% |
| Trade receivables40 | €69 | €2,614 | €3,734 | ▲ 42.8% |
| Other amounts receivable41 | €3,558 | €275 | €59 | ▼ 78.6% |
| Cash at bank and in hand54/58 | €8,625 | €18,594 | €29,054 | ▲ 56.3% |
| Deferred charges and accrued income490/1 | €791 | - | €1,651 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €124,696 | €143,931 | €130,746 | ▼ 9.2% |
| Equity10/15 | -€229 | €407 | €9,148 | ▲ 2,145% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€10,229 | -€9,593 | -€852 | ▲ 91.1% |
| Amounts payable17/49 | €124,925 | €143,524 | €121,598 | ▼ 15.3% |
| Amounts payable after more than one year17 | €65,013 | €67,550 | €42,978 | ▼ 36.4% |
| Financial debts170/4 | €65,013 | €67,550 | €42,978 | ▼ 36.4% |
| Amounts payable within one year42/48 | €59,912 | €75,974 | €78,620 | ▲ 3.5% |
| Current portion of amounts payable after more than one year42 | €17,928 | €24,023 | €24,572 | ▲ 2.3% |
| Trade debts44 | €34 | - | - | - |
| Suppliers440/4 | €34 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €2,097 | - |
| Taxes450/3 | - | - | €2,097 | - |
| Other amounts payable47/48 | €41,950 | €51,952 | €51,952 | = |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,229 | €636 | €8,741 | ▲ 1,274% |
| + Depreciation and write-downs630 | €10,032 | €23,971 | €25,035 | ▲ 4.4% |
| Operating cash flow (approximation) | -€197 | €24,607 | €33,776 | ▲ 37.3% |
| Investment in fixed assets (approximation) | - | -€35,308 | -€441 | ▲ 98.8% |
| Change in cash | - | €9,968 | €10,460 | ▲ 4.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €8,741 ▲1,274%
Operating result €10,842, net result €8,741, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €636
Net result €636 after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Pittem · 1 establishment unit since 2022
Ground area
9,575 m²
Building footprint
1,929 m²
Volume, LiDAR
10,303 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Lumyn
since 20222.329.500.431
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011A1309/00H000 | Flanders | 4,809 m² | 1 · 1,689 m² | 6.5 m · 2 fl. |
| 36505B0723/00E000 | Flanders | 4,766 m² | 1 · 240 m² | 7.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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NEOPAUL SCREENS
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TRUST ELEC
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Of 257 companies in sector 27402 we hold annual accounts for 157. 54 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
Founded31-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
27402Manufacture of electrical equipment
46474Wholesale trade
47552Retail sale of lighting equipment
82990Other business support services
Contact
Website
www.lumyn.be
E-mail
info@lumyn.be
Phone
0494/89.49.44
Website
www.lumyn.be/nlRoeselare
Phone
+ 32 494 89 49 44Roeselare
E-invoicing
Reachable via Peppol
Peppol ID
0208:0784310623
Also
9925:BE0784310623
Registered
07-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.