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COTANAK 28

Active
Private limited companyfounded 20179 yrs activeMie Merkenstraat(E) 2, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0672.424.190
Summary

The computed 12-month bankruptcy probability of COTANAK 28 is 13.6% (high). The 2024 annual accounts show equity of €11,718 and a net result of €273. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 89% of 18932 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Risk analysisWatch ReportCompare
COTANAK 28ActiveChecked score 31/100
Risk analysis ReportCompare

Overview

Activity
Cafés and bars
NACE 56301
1 site
Size
€15,282total assets 2024
Equity
€11,718
Profit
€273
Turnover not published (abridged schema)
Financial health
31 Weak Checked score 2024
Bankruptcy chance 12 m
13.6%
Structure
Accounts 64 d overdue0 of 9 deeds read
Why 31- Figures for FY 2024 (filed 18-09-2025)- 1 change of registered office in 24 months- Ex-officio strike-off in the KBO- 1 financial year not filed after the legal deadline; latest accounts 41 days late; 3 of the last 3 lateShow the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 50% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 100+49
equity 76.7% of total assets
Liquidity 42-35
short-term debt 23.3% · cash 0.5%
Profitability 21-29
return on assets 1.8%
Bankruptcy probability, 12 months
13.6% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,529 companies)
Last 24 months 11-2024: ≥ 25%highest value 12-2024: 15.2%▼ -41.5% vs 11-2024 01-2025: 23.0%▲ +52.0% vs 12-2024 02-2025: 23.0%● 0.0% vs 01-2025 03-2025: 23.2%▲ +0.9% vs 02-2025 04-2025: 23.5%▲ +0.9% vs 03-2025 05-2025: 21.2%▼ -9.4% vs 04-2025 06-2025: 20.7%▼ -2.5% vs 05-2025 07-2025: 19.9%▼ -3.8% vs 06-2025 08-2025: 22.6%▲ +13.7% vs 07-2025 09-2025: ≥ 25%▲ +12.4% vs 08-2025 10-2025: 12.3%▼ -51.8% vs 09-2025 11-2025: 12.3%● 0.0% vs 10-2025 12-2025: 12.3%● 0.0% vs 11-2025 01-2026: 12.2%▼ -0.5% vs 12-2025 02-2026: 12.2%● 0.0% vs 01-2026 03-2026: 10.8%▼ -11.8% vs 02-2026 04-2026: 11.0%▲ +1.9% vs 03-2026 05-2026: 6.2%▼ -43.6% vs 04-2026 06-2026: 6.1%▼ -1.9% vs 05-2026lowest value 07-2026: 6.2%▲ +2.7% vs 06-2026 08-2026: 7.1%▲ +14.4% vs 07-2026 09-2026: 8.6%▲ +20.8% vs 08-2026 10-2026: 13.6%▲ +57.7% vs 09-2026
  • Figures for FY 2024 (filed 18-09-2025) raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Ex-officio strike-off in the KBO raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 41 days late; 3 of the last 3 late raises the probability
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 4.12 against 3.34 in 2023; short-term debt: 23.3% and cash: 0.5% of total assets), and 23.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 94%, liquidity 37%, profitability 25%, growth against the median 46%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Figures for FY 2024 (filed 18-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Ex-officio strike-off in the KBO
In the bankruptcy model this factor raises the probability.
KBO publications
raises risk · 1 financial year not filed after the legal deadline; latest accounts 41 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2025, 41 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 filings
Deviation from the deadline
2025
not confirmed
2024
41 d late
2023
105 d late
2022
463 d late
2021
32 d late
2020
37 d late
2019
115 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 132 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Positive: Among the best 12% on solvencysector median 29.1% · 18,932 companies 76.7% View
  • Total assets 20246 fiscal years filed €15,282 View

By topic

Financials

Fiscal year
2024
Total assets
€15,282
Profit
€273
Solvency
76.7%
Total assets▼ 64.6%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2019
  1. 10-09-2025Annual accounts filed
  2. 13-11-2024Annual accounts filed
  3. 05-11-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
06-03-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

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