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Cotak-Group

Active
Private limited companyfounded 2024active for 2 yearsPolderweg 71, 8380 Brugge, BelgiumKBO/BCE: BE 1010.335.271
Summary

The computed 12-month bankruptcy probability of Cotak-Group is 2.5% (moderate). The 2025 annual accounts show equity of €29,829 and a net result of €27,829. Its solvency ranks better than 64% of 5,897 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 13-06-2024 Normal situation
Activity
Freight transport by road NACE 49410and 4 others
Establishment unit
2.360.391.664 8380 Brugge, since 13-06-2024
Financial year end
31 March
Peppol
Reachable since 24-11-2025

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.5%
Annual accounts to 31-03-2025
Turnover
€154,680
Profit
€27,829
Equity
€29,829
Total assets
€58,185
Employees on 31-03-2025
1
Score breakdownraises riskFounded in 2024Size: turnover €154,680, total assets €58,185Sector: Land transport and transport via pipelines (NACE 49)lowers riskLiquidity: current ratio 1.95, cash €18,638Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 77% of micro companies in land transport (NACE 49)
Financial strength
Strong
Solvency 76
equity 51.3% of total assets
Liquidity 66
short-term debt 48.7% · cash 32.0%
Profitability 100
return on assets 47.8%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 07-2025: 3.6% 08-2025: 3.7%▲ +0.1 percentage points vs 07-2025 09-2025: 3.8%▲ +0.1 percentage points vs 08-2025 10-2025: 4.2%▲ +0.4 percentage points vs 09-2025highest value 11-2025: 1.3%▼ -2.9 percentage points vs 10-2025lowest value 12-2025: 1.4%▲ +0.1 percentage points vs 11-2025 01-2026: 1.5%▲ +0.1 percentage points vs 12-2025 02-2026: 1.4%▼ -0.1 percentage points vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.5%▲ +0.1 percentage points vs 04-2026 06-2026: 1.6%▲ +0.1 percentage points vs 05-2026 07-2026: 1.6%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.1 percentage points vs 07-2026 09-2026: 1.7%● unchanged vs 08-2026 10-2026: 1.9%▲ +0.2 percentage points vs 09-2026 11-2026: 2.5%▲ +0.6 percentage points vs 10-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.95, above the usual 1.5. Short-term debt is 48.7% and cash 32% of total assets. 48.7% of the assets are financed with debt and provisions.
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 49, micro). It does better than 64% of them on solvency, 73% on liquidity and 94% on profitability.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: turnover €154,680, total assets €58,185
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.95, cash €18,638
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 31-10-2025 at the NBB

Turnover
€154,680
EBIT margin
23.6%
Net result
€27,829
Working capital
€26,896
Balance-sheet composition
Assets €58,185
Fixed assets €2,933
Current assets €55,252
Equity and liabilities €58,185
Equity €29,829
Debt €28,356
Debt's share of the balance-sheet total is 48.7%.
Key figures and ratios
2025 value
EBITDA
€37,611
Cash flow
€28,896
Current ratio
1.95
Debt to equity
0.95
ROE
93.3%
ROA
47.8%
Interest coverage
85.20
Debt ≤ 1 year
€28,356
Income taxes
€8,274
Customer credit
38 days
Supplier credit
10 days
Staff costs
€14,539

Staff

social balance sheet
Item31-03-2025
Employees at the balance-sheet date1
full-time1
in full-time equivalents1
Average over the year, in full-time equivalents0.5
On a permanent contract1
Joined1
Left0

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item31-03-2025
Tangible fixed assets€4,000
Depreciation and write-downs of the year€1,067

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€58,185
Fixed assets21/28€2,933
Tangible fixed assets22/27€2,933
Furniture and vehicles24€2,933
Current assets29/58€55,252
Amounts receivable within one year40/41€36,614
Trade receivables40€16,152
Other amounts receivable41€20,463
Cash at bank and in hand54/58€18,638
Equity and liabilities
Total equity and liabilities10/49€58,185
Equity10/15€29,829
Contributions10/11€2,000
Reserves13€10,000
Distributable reserves133€10,000
Profit (loss) carried forward14€17,829
Amounts payable17/49€28,356
Amounts payable within one year42/48€28,356
Trade debts44€2,868
Suppliers440/4€2,868
Taxes, remuneration and social security45€25,488
Taxes450/3€25,488
Income statement Code2025
Turnover70€154,680
Goods, raw materials, services and sundry goods60/61€102,142
Remuneration, social security and pensions62€14,539
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,067
Other operating charges640/8€387
Gross operating margin9900€52,538
Operating profit (loss)9901€36,545
Financial charges65/66B€441
Recurring financial charges65€441
Profit (loss) for the period before taxes9903€36,103
Income taxes67/77€8,274
Profit (loss) for the period9904€27,829
Profit (loss) for the period to be appropriated9905€27,829
Appropriation of the result
Profit (loss) to be appropriated9906€27,829
Transfer to equity691/2€10,000
To other reserves6921€10,000

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-10-2025.

Line2025
Turnover70€154,680
Goods, raw materials, services and sundry goods60/61€102,142
Remuneration, social security and pensions62€14,539
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,067
Other operating charges640/8€387
Gross operating margin9900€52,538
Operating profit (loss)9901€36,545
Financial charges65/66B€441
Recurring financial charges65€441
Profit (loss) for the period before taxes9903€36,103
Income taxes67/77€8,274
Profit (loss) for the period9904€27,829
Profit (loss) for the period to be appropriated9905€27,829
Line2025
Assets
Total assets20/58€58,185
Fixed assets21/28€2,933
Tangible fixed assets22/27€2,933
Furniture and vehicles24€2,933
Current assets29/58€55,252
Amounts receivable within one year40/41€36,614
Trade receivables40€16,152
Other amounts receivable41€20,463
Cash at bank and in hand54/58€18,638
Equity and liabilities
Total equity and liabilities10/49€58,185
Equity10/15€29,829
Contributions10/11€2,000
Reserves13€10,000
Distributable reserves133€10,000
Profit (loss) carried forward14€17,829
Amounts payable17/49€28,356
Amounts payable within one year42/48€28,356
Trade debts44€2,868
Suppliers440/4€2,868
Taxes, remuneration and social security45€25,488
Taxes450/3€25,488
Line2025
Profit (loss) for the period9904€27,829
+ Depreciation and write-downs630€1,067
Operating cash flow (approximation)€28,896

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 39,278 companies had the same profile as Cotak-Group has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.8% was still going
2.3% stopped otherwise
1.8% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Cotak-Group itself is higher: 2.5% within 12 months. It rests on far more data about Cotak-Group than the profile alone.

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.

The companies in ten equal groups, from the lowest to the 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% 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 39,278 companies, not a prediction for Cotak-Group. 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 (1)
Financial year Type Filed Reference Document
31-03-2025 micro format 31-10-2025 2025-00556849 PDF

Board & ownership

Directors

Directors

Owners and capital

Shareholders

At incorporation act of 17-06-2024 ↗
  • AILENEI Mihai 75 shares (75%) · €1,500
  • AILENEI Ana-Ctlina 25 shares (25%) · €500

Capital transactions

Capital over time
  1. 17-06-2024 Incorporation · €2,000 · 100 shares

Network & group

Connections & network

Timeline

Acts, filings and financial milestones

2025
31-10
NBB filing Annual accounts 2025 filedNBB
micro format · on the deadline day
2024
17-06
Gazette deed Incorporation
Starting capital €2,000 · Founder · Bank account5 points ▸
  • Incorporation, “Cotak-Group” (deed in Dutch)
  • Founder, AILENEI Mihai
  • Founder, AILENEI Ana-Ctlina
  • Founding capital, €2,000
  • Bank account, 2000, “storting inbrengen” (deed in Dutch)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name Cotak-Group in Dutch
Enterprise number 1010.335.271
Legal form Private limited company
Status Active, normale toestand
Founded 13-06-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-06-2024 (in Dutch)

Registered office and establishments

Registered office Polderweg 71, 8380 Brugge, Belgium
Establishment unit Cotak-Group, Polderweg 71, 8380 Brugge since 13-06-2024 · unit number 2.360.391.664

Activities

NACEBEL 2025
VAT activities
49410 Freight transport by road main activity
38120 Waste collection, recovery and disposal activities
49320 Non-scheduled passenger transport by road
52210 Service activities incidental to land transportation
53100 Postal and courier activities
Social security (RSZ) activities
49410 Freight transport by road main activity
Codes under NACEBEL 2008
VAT activities
49410 Road freight transport main activity
38120 Waste collection, recovery and disposal activities
49390 Land transport and transport via pipelines
52210 Service activities incidental to land transportation
53100 Postal and courier activities
Social security (RSZ) activities
49410 Road freight transport main activity

Invoicing and payment

VAT number BE 1010.335.271
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1010335271
Other Peppol ID 9925:BE1010335271
Registered 24-11-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-03

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
158 m²
Building footprint
90 m²
Building volume
501 m³
Cadastral parcel Region Area Buildings Height / floors
31812S0010/00R004 Flanders 158 m² 1 · 90 m² 10.4 m · 2