COTI
ActiveSummary
The computed 12-month bankruptcy probability of COTI is 1.9% (moderate). The 2025 annual accounts show equity of €175,917 and a net result of -€6,315. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 13484 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-13
Solvency64▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 2.37 against 2.61 in 2024; short-term debt: 23% and cash: 8% of total assets), but 61.3% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
54 d late
2023
68 d late
2022
62 d late
2021
126 d late
2020
24 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 61 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator 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 What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€175,917▼ 3.5%
2024 · €182,232
Total assets
€455,136▲ 4.2%
2024 · €436,860
Net result
-€6,315
2024 · €40,641
Working capital
€143,149▼ 0.7%
2024 · €144,137
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€54,504▲ 135%€57,365▲ 5.2%€35,227▼ 38.6%€56,154▲ 59.4%-€1,065
Net result€42,682▲ 160%€47,847▲ 12.1%€24,245▼ 49.3%€40,641▲ 67.6%-€6,315
Equity€138,744▲ 44.4%€141,591▲ 2.1%€141,591=€182,232▲ 28.7%€175,917▼ 3.5%
Total assets€357,189▲ 12.5%€412,233▲ 15.4%€469,513▲ 13.9%€436,860▼ 7.0%€455,136▲ 4.2%
Debt€218,445▼ 1.4%€270,642▲ 23.9%€327,922▲ 21.2%€254,628▼ 22.4%€279,219▲ 9.7%
Working capital€116,113▲ 157%€89,950▼ 22.5%€82,200▼ 8.6%€144,137▲ 75.3%€143,149▼ 0.7%
Staff (FTE)0.10.2▲ 100%0.4▲ 100%0▼ 100%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1,065 after €56,154 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €455,136
Fixed assets
€207,366 ▲ 2.2%
Current assets
€247,770 ▲ 5.9%
Equity and liabilities €455,136
Equity
€175,917 ▼ 3.5%
Debt
€279,219 ▲ 9.7%
Debt's share of the balance-sheet total rises from 58.3% to 61.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€52,562▼
2024 · €109,582
Cash flow
€47,312▼
2024 · €94,069
Current ratio
2.37▼
2024 · 2.61
Quick ratio
2.10▼
2024 · 2.29
Debt to equity
1.59▲
2024 · 1.40
ROE
-3.6%▼
2024 · 22.3%
ROA
-1.4%▼
2024 · 9.3%
Interest coverage
8.69▼
2024 · 20.26
Debt ≤ 1 year
€104,621▲
2024 · €89,740
Debt > 1 year
€174,085▲
2024 · €161,020
Income taxes
€775▼
2024 · €11,685
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €6,058 | €11,952 | €13,287 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,184 | €41,296 | €50,168 | €53,428 | €53,627 | ▲ 0.4% |
| Other operating charges640/8 | €2,000 | €575 | €2,365 | €2,287 | €2,372 | ▲ 3.7% |
| Gross operating margin9900 | €93,746 | €111,188 | €101,047 | €111,869 | €54,934 | ▼ 50.9% |
| Operating profit (loss)9901 | €54,504 | €57,365 | €35,227 | €56,154 | -€1,065 | ▼ 102% |
| Financial income75/76B | €2 | €16,002 | €1,736 | €1,582 | €1,575 | ▼ 0.4% |
| Recurring financial income75 | €2 | €2 | €1,315 | €1,582 | €1,575 | ▼ 0.4% |
| Non-recurring financial income76B | - | €16,000 | €421 | - | - | - |
| Financial charges65/66B | €3,562 | €3,892 | €5,464 | €5,410 | €6,050 | ▲ 11.8% |
| Recurring financial charges65 | €3,562 | €3,892 | €5,464 | €5,410 | €6,050 | ▲ 11.8% |
| Profit (loss) for the period before taxes9903 | €50,944 | €69,475 | €31,499 | €52,326 | -€5,540 | ▼ 111% |
| Income taxes67/77 | €8,262 | €21,628 | €7,254 | €11,685 | €775 | ▼ 93.4% |
| Profit (loss) for the period9904 | €42,682 | €47,847 | €24,245 | €40,641 | -€6,315 | ▼ 116% |
| Profit (loss) for the period to be appropriated9905 | €42,682 | €47,847 | €24,245 | €40,641 | -€6,315 | ▼ 116% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €357,189 | €412,233 | €469,513 | €436,860 | €455,136 | ▲ 4.2% |
| Fixed assets21/28 | €199,498 | €233,455 | €256,411 | €202,983 | €207,366 | ▲ 2.2% |
| Tangible fixed assets22/27 | €199,498 | €233,455 | €256,411 | €202,983 | €207,366 | ▲ 2.2% |
| Plant, machinery and equipment23 | €83,718 | €78,404 | €73,770 | €56,639 | €39,824 | ▼ 29.7% |
| Furniture and vehicles24 | €13,122 | €63,138 | €100,379 | €73,733 | €104,582 | ▲ 41.8% |
| Other tangible fixed assets26 | €102,658 | €91,913 | €82,262 | €72,611 | €62,960 | ▼ 13.3% |
| Current assets29/58 | €157,691 | €178,778 | €213,102 | €233,877 | €247,770 | ▲ 5.9% |
| Amounts receivable after more than one year29 | - | - | €35,000 | €35,000 | €35,000 | = |
| Other amounts receivable291 | - | - | €35,000 | €35,000 | €35,000 | = |
| Stocks and contracts in progress3 | €22,722 | €27,552 | €31,220 | €28,167 | €28,090 | ▼ 0.3% |
| Stocks30/36 | €22,722 | €27,552 | €31,220 | €28,167 | €28,090 | ▼ 0.3% |
| Amounts receivable within one year40/41 | €1,583 | €672 | €10,274 | €15,098 | €16,460 | ▲ 9.0% |
| Trade receivables40 | - | - | €1,432 | €2,466 | €1,844 | ▼ 25.2% |
| Other amounts receivable41 | €1,583 | €672 | €8,842 | €12,632 | €14,616 | ▲ 15.7% |
| Current investments50/53 | - | - | - | €117,000 | €131,000 | ▲ 12.0% |
| Cash at bank and in hand54/58 | €133,386 | €142,913 | €136,608 | €38,612 | €36,207 | ▼ 6.2% |
| Deferred charges and accrued income490/1 | - | €7,641 | - | - | €1,013 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €357,189 | €412,233 | €469,513 | €436,860 | €455,136 | ▲ 4.2% |
| Equity10/15 | €138,744 | €141,591 | €141,591 | €182,232 | €175,917 | ▼ 3.5% |
| Contributions10/11 | €25,000 | - | - | - | - | - |
| Reserves13 | €113,065 | €140,912 | €140,912 | €140,912 | €140,912 | = |
| Distributable reserves133 | €113,065 | €140,912 | €140,912 | €140,912 | €140,912 | = |
| Profit (loss) carried forward14 | €679 | €679 | €679 | €41,320 | €35,005 | ▼ 15.3% |
| Amounts payable17/49 | €218,445 | €270,642 | €327,922 | €254,628 | €279,219 | ▲ 9.7% |
| Amounts payable after more than one year17 | €176,441 | €175,519 | €195,100 | €161,020 | €174,085 | ▲ 8.1% |
| Financial debts170/4 | €159,712 | €175,519 | €195,100 | €161,020 | €174,085 | ▲ 8.1% |
| Advances received on contracts in progress176 | €16,729 | - | - | - | - | - |
| Amounts payable within one year42/48 | €41,578 | €88,828 | €130,902 | €89,740 | €104,621 | ▲ 16.6% |
| Current portion of amounts payable after more than one year42 | €9,762 | €21,587 | €33,240 | €34,081 | €28,356 | ▼ 16.8% |
| Trade debts44 | €10,544 | €7,172 | €21,378 | €4,262 | €22,435 | ▲ 426% |
| Suppliers440/4 | €10,544 | €7,172 | €21,378 | €4,262 | €22,435 | ▲ 426% |
| Taxes, remuneration and social security45 | €21,272 | €26,629 | €23,698 | €4,090 | €12,949 | ▲ 217% |
| Taxes450/3 | €11,285 | €21,134 | €16,906 | €4,090 | €3,770 | ▼ 7.8% |
| Remuneration and social security454/9 | €9,987 | €5,495 | €6,792 | - | €9,179 | - |
| Other amounts payable47/48 | - | €33,440 | €52,586 | €47,307 | €40,881 | ▼ 13.6% |
| Accrued charges and deferred income492/3 | €426 | €6,295 | €1,920 | €3,868 | €513 | ▼ 86.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,682 | €47,847 | €24,245 | €40,641 | -€6,315 | ▼ 116% |
| + Depreciation and write-downs630 | €31,184 | €41,296 | €50,168 | €53,428 | €53,627 | ▲ 0.4% |
| Operating cash flow (approximation) | €73,866 | €89,143 | €74,413 | €94,069 | €47,312 | ▼ 49.7% |
| Investment in fixed assets (approximation) | - | -€75,253 | -€73,124 | €0 | -€58,010 | - |
| Change in cash | - | €9,527 | -€6,305 | -€97,996 | -€2,405 | ▲ 97.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€6,315
Net result drops to -€6,315, the lowest in the series.
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Equity above €150,000Eq €182,232 ▲28.7%
7 profitable years in a row build equity to €182,232.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
01-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 62 days late
2022
04-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 126 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 3.79
Current ratio from 1.87 to 3.79; short-term debt falls from €51,982 to €41,578.
31-12
Financial
Equity above €100,000Eq €138,744 ▲44.4%
4 profitable years in a row build equity to €138,744.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
31-12
Financial
Highest result since 2018net €71,479 ▲2,148%
Operating result €87,762, net result €71,479, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are 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, Zottegem · 1 establishment unit since 2018
Ground area
1,340 m²
Building footprint
231 m²
Volume, LiDAR
987 m³
Parcel 41013B0860/00D000, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LES ABRIS
since 20182.274.408.290
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41013B0860/00D000 | Flanders | 1,340 m² | 1 · 231 m² | 7.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteZottegem2.274.408.290
Similar companies · same sector, comparable size
Aluwiz
BE 0797.105.517
Gent · Eq €175,905
Chez Albert Oostende
BE 0694.703.607
Brugge · Eq €175,943
LIRE
BE 0453.726.804
Mechelen · Eq €176,032
GREGGORIO
BE 0629.772.005
Saint-Hubert · Eq €176,036
GUYS BURGER
BE 0548.772.055
Brussel · Eq €175,796
Of 20,506 companies in sector 56111 we hold annual accounts for 11,451. 8,805 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.