Cookwork
ActiveSummary
Cookwork has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 1906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▲+96
Solvency76▲+13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.41 against 0.8 in 2024; short-term debt: 49.2% and cash: 33.8% of total assets), and 49.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.8%
Return on assets
22.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
13 d late
2022
5 d early
2021
16 d late
2020
10 d late
2019
17 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▲ 77.6%
2024 · €6k
Total assets
€20k▲ 32.1%
2024 · €15k
Net result
€4k
2024 · €-7k
Working capital
€4k
2024 · €-2k
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
Line20212022202320242025
Operating result€-1k€16k€-39€-6k▼ 16,474%€5k
Net result€-2k€14k€-156€-7k▼ 4,139%€4k
Equity€-1k€12k€12k▼ 1.3%€6k▼ 54.0%€10k▲ 77.6%
Total assets€9k▼ 67.1%€22k▲ 139%€22k▲ 3.5%€15k▼ 33.3%€20k▲ 32.1%
Debt€10k▼ 61.8%€9k▼ 10.4%€10k▲ 9.9%€9k▼ 8.2%€10k▲ 4.5%
Working capital€-4k▼ 80.8%€10k€3k▼ 66.8%€-2k€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20k
Fixed assets
€6k ▼ 19.5%
Current assets
€14k ▲ 84.0%
Equity and liabilities €20k
Equity
€10k ▲ 77.6%
Debt
€10k ▲ 4.5%
Debt's share of the balance-sheet total falls from 62.2% to 49.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2024 · €-5k
Cash flow
€6k▲
2024 · €-5k
Current ratio
1.41▲
2024 · 0.80
Debt to equity
0.97▼
2024 · 1.64
ROE
43.7%▲
2024 · -117.5%
ROA
22.2%▲
2024 · -44.4%
Interest coverage
13.31▲
2024 · -21.96
Debt ≤ 1 year
€10k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €200 | €200 | €743 | €1k | €1k | = |
| Other operating charges640/8 | - | - | €63 | - | - | - |
| Gross operating margin9900 | €-861 | €16k | €767 | €-5k | €6k | ▲ 226% |
| Operating profit (loss)9901 | €-1k | €16k | €-39 | €-6k | €5k | ▲ 175% |
| Financial income75/76B | €290 | €90 | €4 | €79 | - | - |
| Recurring financial income75 | €290 | €90 | €4 | €79 | - | - |
| Financial charges65/66B | €1k | €522 | €121 | €228 | €473 | ▲ 107% |
| Recurring financial charges65 | €1k | €522 | €121 | €228 | €473 | ▲ 107% |
| Profit (loss) for the period before taxes9903 | €-2k | €15k | €-156 | €-7k | €4k | ▲ 166% |
| Income taxes67/77 | - | €1k | - | - | - | - |
| Profit (loss) for the period9904 | €-2k | €14k | €-156 | €-7k | €4k | ▲ 166% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €14k | €-156 | €-7k | €4k | ▲ 166% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9k | €22k | €22k | €15k | €20k | ▲ 32.1% |
| Formation expenses20 | €400 | €200 | - | - | - | - |
| Fixed assets21/28 | €2k | €2k | €9k | €7k | €6k | ▼ 19.5% |
| Tangible fixed assets22/27 | - | - | €7k | €5k | €4k | ▼ 27.6% |
| Furniture and vehicles24 | - | - | €1k | €1k | €755 | ▼ 28.6% |
| Other tangible fixed assets26 | - | - | €5k | €4k | €3k | ▼ 27.3% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €7k | €19k | €13k | €7k | €14k | ▲ 84.0% |
| Amounts receivable within one year40/41 | €4k | €18k | €11k | €6k | €7k | ▲ 24.9% |
| Trade receivables40 | €3k | €18k | €11k | €6k | €7k | ▲ 24.9% |
| Other amounts receivable41 | €420 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €3k | €2k | €2k | €2k | €7k | ▲ 267% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9k | €22k | €22k | €15k | €20k | ▲ 32.1% |
| Equity10/15 | €-1k | €12k | €12k | €6k | €10k | ▲ 77.6% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | €6k | €6k | €6k | - | - | - |
| Issued capital100 | €19k | €19k | €19k | - | - | - |
| Uncalled capital101 | €12k | €12k | €12k | - | - | - |
| Reserves13 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-7k | - | €-156 | €-7k | €-2k | ▲ 64.5% |
| Amounts payable17/49 | €10k | €9k | €10k | €9k | €10k | ▲ 4.5% |
| Amounts payable within one year42/48 | €10k | €9k | €10k | €9k | €10k | ▲ 4.5% |
| Current portion of amounts payable after more than one year42 | €3k | - | - | - | - | - |
| Trade debts44 | €7k | €4k | €6k | €6k | €3k | ▼ 39.2% |
| Suppliers440/4 | €7k | €4k | €6k | €6k | €3k | ▼ 39.2% |
| Taxes, remuneration and social security45 | - | €5k | €2k | €710 | €349 | ▼ 50.8% |
| Taxes450/3 | - | €5k | €2k | €710 | €349 | ▼ 50.8% |
| Other amounts payable47/48 | - | €250 | €2k | €3k | €6k | ▲ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €14k | €-156 | €-7k | €4k | ▲ 166% |
| + Depreciation and write-downs630 | €200 | €200 | €743 | €1k | €1k | = |
| Operating cash flow (approximation) | €-2k | €14k | €587 | €-5k | €6k | ▲ 213% |
| Investment in fixed assets (approximation) | - | €-379 | €-7k | €0 | €0 | - |
| Change in cash | - | €-1k | €490 | €-309 | €5k | ▲ 1,666% |
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
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.09
Current ratio from 0.65 to 2.09; short-term debt falls from €10k to €9k.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Back to profitnet €290
Net result €290 after one loss-making year.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
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, Schaarbeek · 1 establishment unit since 2018
Ground area
246 m²
Building footprint
163 m²
Volume, LiDAR
1,760 m³
2 parcels, Brussels · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Cookwork
since 20182.275.605.845
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21903B0254/00G005 | Brussels | 162 m² | 1 · 94 m² | 13.3 m · 4 fl. |
| 21903B0504/00P005 | Brussels | 84 m² | 1 · 70 m² | 16.5 m · 4 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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Of 2,784 companies in sector 63910 we hold annual accounts for 698. 404 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded09-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
63910Web portal activities
46180Agents specialised in the wholesale of other particular products
47120Other non-specialised retail sale
62100Computer programming
77223Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.