COTECHNIX

Active

Private limited companyfounded 20233 yrs activeWeststraat 66, 8340 Damme, BelgiumKBO/BCE: BE 0801.674.019

COTECHNIX has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €52k and a net result of €25k. Its solvency ranks better than 47% of 4360 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

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Checked score

Score 2024

94 / 100

Excellent▲ +8 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency90=

Growth78

Stability94

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 1.89 against 1.87 in 2023), but 52.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

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

Sector 74

lower

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

47.4%

Return on assets

23.2%

Age of the figures

20 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

29 d late

2023

31 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€52k▲ 95.4%

2023 · €27k

2023: €27k

2023 → 2024

Total assets

€109k▲ 96.2%

2023 · €56k

2023: €56k

2023 → 2024

Net result

€25k▲ 5.3%

2023 · €24k

2023: €24k

2023 → 2024

Working capital

€51k▲ 100%

2023 · €26k

2023: €26k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€27k-€52k▲ 95.4%

Operating result€30k-€35k▲ 15.6%

Net result€24k-€25k▲ 5.3%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2024; 2024 is 16% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €109k

47.4%

52.6%

Equity €52k▲ 95.4%

Debt €57k▲ 97.0%

The debt ratio rises from 52.4% to 52.6%: debt grows faster than equity.

Key figures and ratios

2024 value · change against 2023

EBITDA

€35k▲

2023 · €31k

Cash flow

€26k▲

2023 · €24k

Solvency

47.4%▼

2023 · 47.6%

Current ratio

1.89▲

2023 · 1.87

Quick ratio

1.89▲

2023 · 1.87

Debt / equity

1.11▲

2023 · 1.10

ROE

48.8%▼

2023 · 90.6%

ROA

23.2%▼

2023 · 43.1%

Interest coverage

18.99▼

2023 · 192.23

Debt

€57k▲

2023 · €29k

Debt ≤ 1 year

€57k▲

2023 · €29k

Income taxes

€8k▲

2023 · €6k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€56k€109k▲

Formation expenses20€1k€783▼

Current assets29/58€55k€109k▲

Amounts receivable within one year40/41€45k€103k▲

Trade receivables40€23k€58k▲

Other amounts receivable41€22k€45k▲

Cash at bank and in hand54/58€10k€5k▼

Equity and liabilities

Total equity and liabilities10/49€56k€109k▲

Equity10/15€27k€52k▲

Contributions10/11€3k€3k=

Profit (loss) carried forward14€24k€49k▲

Amounts payable17/49€29k€57k▲

Amounts payable within one year42/48€29k€57k▲

Trade debts44€3k€25k▲

Suppliers440/4€3k€25k▲

Taxes, remuneration and social security45€25k€33k▲

Taxes450/3€25k€33k▲

Other amounts payable47/48€867€0▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€150€233▲

Other operating charges640/8€982€63▼

Gross operating margin9900€32k€35k▲

Operating profit (loss)9901€30k€35k▲

Financial charges65/66B€159€2k▲

Recurring financial charges65€159€2k▲

Profit (loss) for the period before taxes9903€30k€33k▲

Income taxes67/77€6k€8k▲

Profit (loss) for the period9904€24k€25k▲

Profit (loss) for the period to be appropriated9905€24k€25k▲

Appropriation of the result

Profit (loss) to be appropriated9906€24k€49k▲

Profit (loss) brought forward from the previous period14P-€24k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

NBB filing

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, Damme · 1 establishment unit since 2023

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Weststraat 668340 Damme

Ground area

543 m²

Building footprint

87 m²

Volume, LiDAR

596 m³

Parcel 31019D0640/00D002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

COTECHNIX

Weststraat 66, 8340 DammePrinting and reproduction of recorded media

since 20232.347.192.736

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31019D0640/00D002	Flanders	543 m²	1 · 87 m²	8.8 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,289 companies in sector 74120 we hold annual accounts for 1,001. 856 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-05-2023

Fiscal year end31-12

Activities, NACEBEL

74103Other professional, scientific and technical activities

74120Graphic design and visual communication

18130Pre-press and pre-media services

73110Advertising agencies

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:info@cotechnix.com

Establishment Damme 2.347.192.736