Turnover
≈ €110,000 estimated
The micro format states no turnover.
COTEN
Overview
Lifetime
2 annual accounts with figures on one time axispeak €37,422 (2025)
€37,422▲ 501%
peak €13,190 (2025)
€13,190▲ 932%
peak €24,468 (2025)
€24,468▲ 117%
€620,501▲ 142%
Board1 name since 2023
1 directorCOLLINET Arnaud Olivier Laurent
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from €6,225 to €37,422Result from €1,278 to €13,190Registered office moved from Alleur to Jemeppe 13-11Equity from €11,278 to €24,468Debts from €256,887 to €620,501Investments €9,876
Key points
from the 2025 annual accountsDebts
€620,501 96% of the balance sheet
Financial debts 48%Suppliers 8%Taxes and wages 1%Other 43%
Of this, €321,737 falls due within a year.
Investments
€9,876 2.5 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.96 was 1.01 in 2024
Short-term debts rose from €256,887 to €321,737.
Starting capital
€10,000 100 shares
Position in the sector
3.8%
Lower solvency than 88% of companies in head offices and management consultancy. Sector median 55.5% · 39,360 companies.
Checked score
79
Excellent
Financially stronger than 34% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 2.4%
02-2025: 2.4%● unchanged vs 01-2025
03-2025: 2.5%▲ +0.1 percentage points vs 02-2025
04-2025: 2.5%● unchanged vs 03-2025
05-2025: 2.5%● unchanged vs 04-2025
06-2025: 2.6%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 1.2%▼ -1.4 percentage points vs 06-2025
08-2025: 1.2%● unchanged vs 07-2025
09-2025: 1.3%▲ +0.1 percentage points vs 08-2025
10-2025: 1.3%● unchanged vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.4%▲ +0.1 percentage points vs 04-2026
06-2026: 1.3%▼ -0.1 percentage points vs 05-2026
07-2026: 1.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.5%▼ -0.9 percentage points vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Liquidity: current ratio 1.96, cash €8,527, halved
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €644,969
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 70, micro). It does better than 12% of them on solvency, 11% on liquidity, 20% on profitability and 91% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,514 companies had the same profile as COTEN has now. Each dot stands for 4 companies, two years later.
95.8%
were still trading
1.5%
stopped another way
2.4%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COTEN itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 1,514 companies, not a prediction for COTEN. 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.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.96 (1.01 in 2024), above the usual 1.5. Short-term debt is 49.9% and cash 1.3% of total assets. However, 96.2% of the assets are financed with debt and provisions.
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
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 39360 sector peers (2025).
NBB · sector comparisonPosition among 39360 sector peers
Solvency
better than 12%
← weakest
strongest →
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
3 days early
2024
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 19 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Alleur to Jemeppe
New registered office: Rue du Pont 107, 4101 Jemeppe · Previous registered office: Avenue de l'Expansion 13, 4432 Alleur · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003828650
Registered-office move
General meeting of 03-05-2024 · Gazette deed
Registered office moved from Alleur to Brussels
New registered office: Rue du cardinal 12 à 1000 Bruxelles, Boite 1 · Previous registered office: Avenue de l'expansion 13 à 4432 Alleur · Arnaud Collinet holds 100 shares · General meeting of 22-01-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COTEN Seraing | €644,969 | €37,422 | 3.8% | - |
| NDINVEST Liège | €639,183 | €42,436 | 10.2% | - |
| NORABO Bilzen-Hoeselt | €617,464 | €37,401 | 0.2% | - |
| K+K MANAGEMENT Lanaken | €586,531 | €39,736 | -9.3% | - |
| HORUBA Meise | €601,240 | €36,263 | -4.1% | - |
| LISAL IMMO Wavre | €611,874 | €30,925 | 40.9% | - |
| ELMARA Antwerp | €576,872 | €41,201 | 14.3% | - |
These companies have the same main activity as COTEN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €577,000 and €639,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 22-12-2023Normal situation
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Establishment unit
- 2.357.097.3274101 Seraing, since 22-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 15-09-2025
Annual accounts 2025
- €37,422▲ 501%
- €13,190▲ 932%
- €24,468▲ 117%
- €644,969▲ 141%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on COTEN
COTEN has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,468 and a net result of €13,190.
Its solvency ranks better than 12% of 39,360 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 28-07-2026, 3 days before the deadline€37,422
▲ 501%
€31,861
▲ 742%
€13,190
▲ 932%
€309,206
▲ 98×
3.8%
▼ 0.4 percentage points
1.96
▲ 0.95
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €65,000 and €150,000.
Balance sheet
balance sheet total €644,969 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
3.8%
Higher than 12% of 39,360 companies in 2025.
1.96
Higher than 48% of 38,044 companies in 2025.
2.0%
Higher than 24% of 38,516 companies in 2025.
COTEN
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
644,969 | 268,165 | |
21/28 |
14,026 | 8,115 | |
22/27 |
14,026 | 8,115 | |
23 |
1,474 | 1,877 | |
24 |
11,060 | 4,367 | |
26 |
1,492 | 1,871 | |
29/58 |
630,943 | 260,050 | |
3 |
542,762 | 37,862 | |
30/36 |
542,762 | 37,862 | |
40/41 |
78,535 | 154,322 | |
40 |
71,313 | 151,375 | |
41 |
7,222 | 2,947 | |
54/58 |
8,527 | 66,884 | |
490/1 |
1,119 | 983 | |
| Balance sheet: equity and liabilities | |||
10/49 |
644,969 | 268,165 | |
10/15 |
24,468 | 11,278 | |
10/11 |
10,000 | 10,000 | |
14 |
14,468 | 1,278 | |
17/49 |
620,501 | 256,887 | |
17 |
298,764 | - | |
170/4 |
298,764 | - | |
42/48 |
321,737 | 256,887 | |
44 |
51,179 | 1,113 | |
440/4 |
51,179 | 1,113 | |
45 |
4,713 | 405 | |
450/3 |
4,713 | 405 | |
47/48 |
265,845 | 255,369 | |
| Income statement | |||
9900 |
37,422 | 6,225 | |
630 |
3,965 | 437 | |
640/8 |
1,596 | 2,006 | |
9901 |
31,861 | 3,782 | |
75/76B |
15 | - | |
75 |
15 | - | |
65/66B |
14,493 | 2,099 | |
65 |
14,493 | 2,099 | |
9903 |
17,383 | 1,683 | |
67/77 |
4,194 | 405 | |
9904 |
13,190 | 1,278 | |
9905 |
13,190 | 1,278 | |
| Appropriation of the result | |||
9906 |
14,468 | 1,278 | |
14P |
1,278 | - | |
| Document | |||
The notes to these accounts have 6 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 28-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 35,826 | 4,218 | ||
| 17,155 | 1,715 | ||
| 9,876 | 8,552 | ||
| -58,357 | - | ||
| 309,206 | 3,163 | ||
| 3.8% | 4.2% | ||
| 1.96 | 1.01 | ||
| 0.27 | 0.86 | ||
| 25.36 | 22.78 | ||
| 53.9% | 11.3% | ||
| 2.0% | 0.5% | ||
| 2.47 | 2.01 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €9,876 | €8,552 |
| €3,965 | €437 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on COTEN
The operating result for 2025 is 8.4 times that of 2024.
Debt's share of the balance-sheet total rises from 95.8% to 96.2%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 22-12-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 28-07-2026
Mandates through the years
1 name, the dashed line is todayCOLLINET Arnaud Olivier Laurent
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- COLLINET Arnaud Olivier Laurent
- Director (not named in the articles), from 22-12-2023 to date
Control
Shareholder
Arnaud Collinet
This company
COTEN
Equity €24,468
Profit €13,190 in 2025
Capital
- Contribution
- €10,000
- Shares
- 100
- Contribution per share
- €100
- Equity per share
- €245 in 2025
- Source
- deed of 28-12-2023
Articles of association
deed of 28-12-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Dissolution pour quelque cause et à quelque moment, peut désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments”
Shareholders
Stated in the deed
deed of 28-02-2024 ↗
- Arnaud Collinet 100 shares
At incorporation
deed of 28-12-2023 ↗
- COLLINET Arnaud Olivier Laurent 100 shares (100%) · in cash
Network & group
No group
COTEN has no parent and no holdings in its annual accounts. COLLINET Arnaud Olivier Laurent is the only director. COTEN shares no director with another company.
At the same address
Rue du Pont 107, 4101 Seraing · 1 other company| CS Retail
registered office since 25-08-2026 |
founded in 2026 1041.003.010 |
Timeline
Timeline
8 events since 2023Filings
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 3 days before the deadline
2025
Registered office moved from Alleur to JemeppeNew registered office: Rue du Pont 107, 4101 Jemeppe · Previous registered office: Avenue de l'Expansion 13, 4432 Alleur1 point ▸
- Registered-office move, Rue du Pont 107, 4101 Jemeppe
Registered in the Peppol Directory Reachable for e-invoices through 0208:1003828650
Annual accounts 2024 filed PDFmicro format · 34 days before the deadline
2024
Registered-office moveGeneral meeting of 03-05-20242 points ▸
- General meeting, 03-05-2024
- Registered-office move, Avenue de l'expansion 13, Alleur (4432)
Registered office moved from Alleur to BrusselsNew registered office: Rue du cardinal 12 à 1000 Bruxelles, Boite 1 · Previous registered office: Avenue de l'expansion 13 à 4432 Alleur · Arnaud Collinet holds 100 shares · General meeting of 22-01-20243 points ▸
- General meeting, 22-01-2024
- Arnaud Collinet holds 100 shares
- Registered-office move, Rue du cardinal 12 à 1000 Bruxelles, Boite 1
2023
IncorporationFounding capital of €10,000, 100 shares · Founder: COLLINET Arnaud Olivier Laurent · Appointment: COLLINET Arnaud Olivier Laurent (director) · published on 28-12-20235 points ▸
- Founder, COLLINET Arnaud Olivier Laurent
- Founding capital, €10,000, 100 shares
- Registered office clause, Avenue de l'Expansion 13, 4432 Alleur
- Director appointment, COLLINET Arnaud Olivier Laurent (director (not named in the articles))
- Permanent representative, COLLINET Arnaud Olivier Laurent
- The deed holds 6 more points.
First establishment Rue du Pont 107, Seraing
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1003.828.650
- VAT number
- BE 1003.828.650
- Peppol ID
- 0208:1003828650
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 22-12-2023
- Financial year
- ends on 31 December
- Peppol
- Reachable since 15-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- COTEN in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-12-2023 (in French)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
68100
Real estate activities
68312
Real estate activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Toutes activités et opérations se rapportant à la constitution et la gestion d'un patrimoine mobilier et/ou immobilier et la…”deed of 28-12-2023 (in French)
27 activities
- Toutes activités et opérations se rapportant à la constitution et la gestion d'un patrimoine mobilier et/ou immobilier et la location-financement de biens meubles et/ou immeubles aux tiers,notamment l'acquisition par l'achat ou autrement,la vente,l'échange,la construction,la transformation,la mise en valeur,l'amélioration,l'équipement,l'aménagement,l'embellissement,la décoration,la rénovation,l'entretien,la location,la prise en location,le lotissement,la prospection et l'exploitation de biens meubles et/ou immeubles,l’expertise,la gérance ainsi que toutes opérations qui,directement ou indirectement sont en relation avec cet objet et qui sont de nature à favoriser l'accroissement et le rapport d'un patrimoine mobilier et/ou immobilier,de même que se porter caution pour la bonne fin d'engagements pris par des tiers qui auraient la jouissance de ces biens meubles et/ou immeubles
- Toutes activités en lien direct ou indirect avec l’électromécanique
- Toutes activités de conseil en gestion et de gestion d’autres entreprises
- La location de courte durée ou non de tous biens meubles et/ou immeubles en ce compris l’Airnbnb
- La location de tous biens meubles et articles de décoration
- L’achat,la vente en gros ou en détails de tous biens meubles,articles de décoration et de marchandises an sens large du terme
- Le conseil en aménagement et décoration et toutes activités liées à la décoration en ce compris la réalisation
- La location de tous véhicules en ce compris de luxe,avec chauffeur ou sans chauffeur
- La location de matériels et d’outillages
- L’achat/rénovation/revente de tous biens meubles et immeubles en Belgique et à l’étranger
- La construction et rénovation d’immeuble et de meubles dans son sens le plus large du terme
- La promotion immobilière
- La gestion de patrimoine pour autrui
- Le prêt d’argent a des privés et/ou professionnels
- La formation / séminaire / mastermind / création de contenu
- L’exécution de tous travaux de consultance,conseil,recherche,gestion dans le domaine financier et tous services se rapportant a la vie d’entreprises,belges ou étrangères,privées ou publiques
- La formation et coaching dans les domaines énoncés précédemment
- L’organisation d’évènements,colloques,conférences,formations,stages et réunions,la consultance et la participation sous toutes les formes a des évènements
- Tous services de recrutement pour toute forme d’entreprises,publiques et/ou privées,en Belgique ou à l’étranger
- Outre ses activités de consultance,la société pourra également intervenir directement dans la gestion et l’organisation des entreprises clientes,suivant les conditions qu’elle déterminera
- L’acceptation et l’accomplissement des mandats d’administrateur/gérant et/ou administrateur-délégué qu’elle pourrait recevoir dans d’autres sociétés
- La représentation et la commercialisation de tous produits,import-export
- L’Exploitation de tous brevets,licences,secrets de fabrication,dessins ou modèles
- La constitution,la valorisation et la prise de participation dans d’autres sociétés commerciales ou autres d’un patrimoine mobilier dans le sens le plus large
- Elle pourra en outre faire toute exploitation,soit par elle-même,soit par tout autre mode,sans aucune exception,créer toutes sociétés,faire apport a des sociétés existantes,fusionner,ou s’allier avec elles,prendre directement ou indirectement des participations,souscrire,acheter ou revendre tous titres ou droits sociaux,prendre toutes commandites et faire tous prêts,crédits et avances
- Elle peut prêter a toutes sociétés et se porter caution pour elles,même hypothécairement
- Elle peut exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue du Pont 107 registered office 4101 Seraing | 22-12-2023 | 2.357.097.327 |
3 former offices
- Avenue de l'Expansion 13, 4432 Alleur until the deed of 13-11-2025
- rue du cardinal 12 (boite 1), 1000 Bruxelles until 03-05-2024 · deed of 05-07-2024
- Avenue de l'expansion 13, 4432 Alleur until the deed of 28-02-2024
Buildings and parcels at the address
- Ground area
- 731 m²
- Buildings
- 178 m²
- Volume, LiDAR
- 1,714 m³
- Tallest building
- 11.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62058B0510/00L000 | 731 m² | 1 · 178 m² | 11.5 m · 3 |