Cotexi
ActiveSummary
The computed 12-month bankruptcy probability of Cotexi is 1.6% (moderate). The 2025 annual accounts show equity of €3,223 and a net result of €111,475. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 13% of 9,394 sector peers (NACE 41, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-11-2021 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 5 others
- Establishment unit
- 2.324.422.084 4190 Ferrières, since 24-11-2021
- Financial year end
- 30 June
- Peppol
- Reachable since 17-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Gross margin
- €151,374
- ▲ 22.1%
- Turnover
- ≈ €500,000
- estimated
- Profit
- €111,475
- ▲ 22.2%
- Equity
- €3,223
- ▼ 98.8%
- Total assets
- €382,941
- ▲ 27.3%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2021Equity €3,223 (0.8% of total assets)lowers riskLiquidity: current ratio 1.00, cash €109,021Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 12% of them on solvency, 31% on liquidity, 91% on profitability and 5% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 15 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 23-12-2025 PDF all 4 filings
Every figure per financial year
The operating result for 2025 is 21% higher than in 2024 and the highest since 2022. It is the third rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | €2,128 | €2,612 | - |
| Depreciation and write-downs of the year | - | €190 | €483 | €940 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €190 | €483 | €940 | ▲ 94.5% |
| Other operating charges640/8 | €446 | €3,187 | €346 | €1,149 | ▲ 232% |
| Gross operating margin9900 | €113,539 | €118,154 | €124,019 | €151,374 | ▲ 22.1% |
| Operating profit (loss)9901 | €113,093 | €114,777 | €123,190 | €149,285 | ▲ 21.2% |
| Financial income75/76B | €0 | €0 | - | €1,199 | - |
| Recurring financial income75 | €0 | €0 | - | €1,199 | - |
| Financial charges65/66B | €32 | €120 | €998 | €953 | ▼ 4.5% |
| Recurring financial charges65 | €32 | €120 | €998 | €953 | ▼ 4.5% |
| Profit (loss) for the period before taxes9903 | €113,061 | €114,657 | €122,192 | €149,531 | ▲ 22.4% |
| Income taxes67/77 | €30,834 | €29,339 | €30,990 | €38,056 | ▲ 22.8% |
| Profit (loss) for the period9904 | €82,228 | €85,318 | €91,202 | €111,475 | ▲ 22.2% |
| Profit (loss) for the period to be appropriated9905 | €82,228 | €85,318 | €91,202 | €111,475 | ▲ 22.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €131,714 | €218,958 | €300,709 | €382,941 | ▲ 27.3% |
| Fixed assets21/28 | - | €1,938 | €4,067 | €3,128 | ▼ 23.1% |
| Tangible fixed assets22/27 | - | €1,938 | €4,067 | €3,128 | ▼ 23.1% |
| Land and buildings22 | - | €1,938 | €4,067 | €3,128 | ▼ 23.1% |
| Current assets29/58 | €131,714 | €217,020 | €296,641 | €379,814 | ▲ 28.0% |
| Amounts receivable within one year40/41 | €10,875 | €32,020 | €10,939 | €18,566 | ▲ 69.7% |
| Trade receivables40 | €10,875 | €31,976 | €10,927 | €18,566 | ▲ 69.9% |
| Other amounts receivable41 | - | €43 | €13 | - | - |
| Current investments50/53 | - | - | €200,000 | €250,885 | ▲ 25.4% |
| Cash at bank and in hand54/58 | €120,839 | €183,962 | €84,392 | €109,021 | ▲ 29.2% |
| Deferred charges and accrued income490/1 | - | €1,038 | €1,310 | €1,341 | ▲ 2.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €131,714 | €218,958 | €300,709 | €382,941 | ▲ 27.3% |
| Equity10/15 | €85,228 | €170,546 | €261,748 | €3,223 | ▼ 98.8% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €82,228 | €167,546 | €258,748 | €223 | ▼ 99.9% |
| Amounts payable17/49 | €46,486 | €48,412 | €38,961 | €379,719 | ▲ 875% |
| Amounts payable within one year42/48 | €46,486 | €48,412 | €38,961 | €379,719 | ▲ 875% |
| Trade debts44 | €6,505 | €13,781 | €793 | €366 | ▼ 53.9% |
| Suppliers440/4 | €6,505 | €13,781 | €793 | €366 | ▼ 53.9% |
| Taxes, remuneration and social security45 | €39,981 | €34,631 | €34,757 | €7,428 | ▼ 78.6% |
| Taxes450/3 | €39,981 | €34,631 | €34,757 | €7,428 | ▼ 78.6% |
| Other amounts payable47/48 | - | - | €3,412 | €371,925 | ▲ 109× |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €82,228 | €85,318 | €91,202 | €111,475 | ▲ 22.2% |
| + Depreciation and write-downs630 | - | €190 | €483 | €940 | ▲ 94.5% |
| Operating cash flow (approximation) | €82,228 | €85,508 | €91,685 | €112,415 | ▲ 22.6% |
| Investment in fixed assets (approximation) | - | - | -€2,612 | €0 | - |
| Change in cash | - | €63,123 | -€99,570 | €24,629 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,157 companies had the same profile as Cotexi has now. Two years later, 94.1% were still going and 3.0% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Cotexi itself: 1.6% within 12 months.
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.
| 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 2,157 companies, not a prediction for Cotexi. 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.
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0777.647.713
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 61076B0335/00A004 | Wallonia | 792 m² | 1 · 90 m² | 7.2 m · 2 |