COTIM
ActiveSummary
COTIM has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187k and a net result of €65k. Equity is growing by ~54.5% per year across the filed fiscal years. Its solvency ranks better than 62% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▼-2
Solvency92▲+8
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.43 in 2024; short-term debt: 30% and cash: 24.3% of total assets), and 32.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.5%
Return on assets
23.3%
Age of the figures
9 mo
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 25-07-2026, 6 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
6 d early
2024
28 d early
2023
6 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€187k▲ 52.9%
2024 · €122k
Total assets
€277k▲ 33.9%
2024 · €207k
Net result
€65k▼ 5.8%
2024 · €69k
Working capital
€145k▲ 87.0%
2024 · €78k
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
Line202320242025
Operating result€66k-€90k▲ 37.6%€87k▼ 3.2%
Net result€51k-€69k▲ 34.3%€65k▼ 5.8%
Equity€54k-€122k▲ 128%€187k▲ 52.9%
Total assets€83k-€207k▲ 149%€277k▲ 33.9%
Debt€29k-€85k▲ 187%€90k▲ 6.4%
Working capital€38k-€78k▲ 103%€145k▲ 87.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €277k
Fixed assets
€49k ▼ 34.7%
Current assets
€228k ▲ 72.7%
Equity and liabilities €277k
Equity
€187k ▲ 52.9%
Debt
€90k ▲ 6.4%
Debt's share of the balance-sheet total falls from 40.9% to 32.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€95k▼
2024 · €103k
Cash flow
€72k▼
2024 · €82k
Current ratio
2.75▲
2024 · 2.43
Debt to equity
0.48▼
2024 · 0.69
ROE
34.6%▼
2024 · 56.1%
ROA
23.3%▼
2024 · 33.2%
Interest coverage
37.57▼
2024 · 96.83
Debt ≤ 1 year
€83k▲
2024 · €54k
Debt > 1 year
€7k▼
2024 · €30k
Income taxes
€21k▼
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €432 | €13k | €8k | ▼ 41.1% |
| Other operating charges640/8 | €50 | €153 | €313 | ▲ 105% |
| Non-recurring operating charges66A | - | - | €8k | - |
| Gross operating margin9900 | €66k | €104k | €103k | ▼ 0.3% |
| Operating profit (loss)9901 | €66k | €90k | €87k | ▼ 3.2% |
| Financial income75/76B | - | €691 | €560 | ▼ 18.9% |
| Recurring financial income75 | - | €691 | €560 | ▼ 18.9% |
| Financial charges65/66B | €88 | €1k | €3k | ▲ 137% |
| Recurring financial charges65 | €88 | €1k | €3k | ▲ 137% |
| Profit (loss) for the period before taxes9903 | €65k | €90k | €85k | ▼ 4.9% |
| Income taxes67/77 | €14k | €21k | €21k | ▼ 2.2% |
| Profit (loss) for the period9904 | €51k | €69k | €65k | ▼ 5.8% |
| Profit (loss) for the period to be appropriated9905 | €51k | €69k | €65k | ▼ 5.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €83k | €207k | €277k | ▲ 33.9% |
| Fixed assets21/28 | €15k | €75k | €49k | ▼ 34.7% |
| Tangible fixed assets22/27 | €15k | €75k | €49k | ▼ 34.7% |
| Land and buildings22 | €10k | €33k | €35k | ▲ 5.3% |
| Plant, machinery and equipment23 | €745 | €465 | €5k | ▲ 1,055% |
| Furniture and vehicles24 | €5k | €41k | €9k | ▼ 79.1% |
| Current assets29/58 | €68k | €132k | €228k | ▲ 72.7% |
| Amounts receivable after more than one year29 | €20k | €20k | €20k | = |
| Other amounts receivable291 | €20k | €20k | €20k | = |
| Amounts receivable within one year40/41 | €46k | €52k | €111k | ▲ 111% |
| Trade receivables40 | €46k | €17k | €33k | ▲ 93.0% |
| Other amounts receivable41 | €23 | €36k | €78k | ▲ 120% |
| Current investments50/53 | - | - | €13k | - |
| Cash at bank and in hand54/58 | €1k | €59k | €67k | ▲ 13.4% |
| Deferred charges and accrued income490/1 | €112 | €116 | €16k | ▲ 13,838% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €83k | €207k | €277k | ▲ 33.9% |
| Equity10/15 | €54k | €122k | €187k | ▲ 52.9% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Reserves13 | €51k | €120k | €184k | ▲ 54.0% |
| Distributable reserves133 | €51k | €120k | €184k | ▲ 54.0% |
| Amounts payable17/49 | €29k | €85k | €90k | ▲ 6.4% |
| Amounts payable after more than one year17 | - | €30k | €7k | ▼ 76.4% |
| Financial debts170/4 | - | €30k | €7k | ▼ 76.4% |
| Amounts payable within one year42/48 | €29k | €54k | €83k | ▲ 52.4% |
| Current portion of amounts payable after more than one year42 | - | - | €12k | - |
| Financial debts43 | - | €563 | €455 | ▼ 19.2% |
| Credit institutions430/8 | - | €563 | €455 | ▼ 19.2% |
| Trade debts44 | €9k | €667 | €8k | ▲ 1,144% |
| Suppliers440/4 | €9k | €667 | €8k | ▲ 1,144% |
| Taxes, remuneration and social security45 | €17k | €53k | €62k | ▲ 17.0% |
| Taxes450/3 | €17k | €53k | €62k | ▲ 17.0% |
| Other amounts payable47/48 | €4k | €0 | €117 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €51k | €69k | €65k | ▼ 5.8% |
| + Depreciation and write-downs630 | €432 | €13k | €8k | ▼ 41.1% |
| Operating cash flow (approximation) | €51k | €82k | €72k | ▼ 11.5% |
| Investment in fixed assets (approximation) | - | €-73k | €18k | ▲ 125% |
| Change in cash | - | €58k | €8k | ▼ 86.3% |
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
25-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €187k ▲52.9%
3 profitable years in a row build equity to €187k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €69k ▲34.3%
Operating result €90k, net result €69k, both a record.
31-12
Financial
Equity above €100kEq €122k ▲128%
2 profitable years in a row build equity to €122k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Hasselt · 1 establishment unit since 2023
Ground area
2,099 m²
Building footprint
159 m²
Parcel 73090E0263/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
COTIM
since 20232.343.515.149
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73090E0263/00E000 | Flanders | 2,099 m² | 1 · 159 m² | - |
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.
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Of 5,710 companies in sector 70100 we hold annual accounts for 3,495. 2,361 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
Founded27-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
64210Activities of holding companies
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.