Checked.be
Active
BE 0460.022.203Private limited company
COTOINEX
Rue du Bois Roulez 1 ·7180 Seneffe, Belgium· 29 yrs active
Sector: Risk and damage evaluation
(66210)
Conclusion
COTOINEX is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €221k and a net result of €43k. Equity is growing by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 2351 sector peers (fiscal year 2025). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €221k |
| Net result | €43k |
| Better than sector | 72% |
| Active | 29 yrs |
Financial profile
92
/ 100
Strong profile, led by stability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
Health
-
Profitability
96
Solvency
93
Growth
78
Stability
100
Bankruptcy probability (12 mo)
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1997, 29 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview
Annual accounts filed on 22-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~21.9%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 66, Activities auxiliary to financial services and insurance activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 73.2% | 50.6% | |
| Net result | €43k | €33k | |
| Equity | €221k | €127k | |
| Gross operating margin | €70k | €105k | |
| Total assets | €303k | €359k |
€43k
+29.0%
22-25
€303k
+20.3%
22-25
€221k
+23.8%
22-25
€22k
+26.1%
22-25
€81k
+11.8%
22-25
€81k
+11.8%
22-25
€0
-
22-25
73.2%
+2.9%
22-25
19.2%
+4.2%
22-25
14.1%
+7.2%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a |
| Net profit | €43k | €33k | €34k | €20k |
| Cash flow | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | - |
| Income taxes | €22k | €17k | €13k | €6k |
| Dividends | - | - | - | - |
| Total assets | €303k | €251k | €218k | €229k |
| Equity | €221k | €179k | €146k | €112k |
| Debt | €81k | €73k | €72k | €117k |
| of which ≤ 1y | €81k | €73k | €72k | €117k |
| of which > 1y | - | - | - | €0 |
| Working capital | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a |
| Solvency | 73.2% | 71.1% | 66.9% | 48.7% |
| Debt / equity | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a |
| ROA | 14.1% | 13.1% | 15.8% | 8.8% |
| ROE | 19.2% | 18.4% | 23.6% | 18.0% |
| EBITDA margin | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €303k | €251k | €218k | €229k |
| Fixed assets | 21/28 | €165k | €159k | €164k | €172k |
| Tangible fixed assets | 22/27 | €15k | €9k | €14k | €22k |
| Financial fixed assets | 28 | €150k | €150k | €150k | €150k |
| Current assets | 29/58 | €138k | €93k | €54k | €57k |
| Amounts receivable within one year | 40/41 | €11k | €4k | €2k | €11k |
| Cash & bank | 54/58 | €126k | €87k | €52k | €46k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €303k | €251k | €218k | €229k |
| Equity | 10/15 | €221k | €179k | €146k | €112k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k |
| Reserves | 13 | €130k | €87k | €54k | €54k |
| Accumulated profits (losses) | 14 | €86k | €86k | €86k | €51k |
| Amounts payable | 17/49 | €81k | €73k | €72k | €117k |
| Amounts payable after one year | 17 | - | - | - | €0 |
| Amounts payable within one year | 42/48 | €81k | €73k | €72k | €117k |
| Trade debts payable within one year | 44 | €9k | €4k | €2k | €6k |
| Income statement | |||||
| Gross operating margin | 9900 | €70k | €57k | €55k | €37k |
| Operating result | 9901 | €64k | €50k | €48k | €26k |
| Financial income | 75 | €611 | €49 | €197 | €1 |
| Financial charges | 65 | €151 | €85 | €119 | €204 |
| Result before taxes | 9903 | €64k | €50k | €48k | €26k |
| Income taxes | 67/77 | €22k | €17k | €13k | €6k |
| Net result for the period | 9904 | €43k | €33k | €34k | €20k |
| Result to be appropriated | 9905 | €43k | €33k | €34k | €20k |
Directors & mandates
Current directors & mandates
-
MOUTON FrançoisDirectorState Gazette act 25312409 (18-02-2025)Current18-02-2025 → present
Legal Structure
| NACE primary | Risk and damage evaluation(66210) |
| Legal form | Private limited company(610) |
| Incorporation | 13-02-1997 |
| Status | Active |
| Postal code | 7180 |
Establishment units
COTOINEX
since 19972.081.027.013
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52063D1114/00_000 | Wallonia | 2.0 ha | - | - |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
31-12
Financial
Highest result since 2022net €43k ▲29%
Operating result €64k, net result €43k, both a record.
31-12
Financial
Equity above €200kEq €221k ▲23.8%
4 profitable years in a row build equity to €221k.
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
18-02
State Gazette act
Statutes amendment
v3.2
2024
31-12
Financial
Equity above €150kEq €179k ▲22.6%
3 profitable years in a row build equity to €179k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
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.
Belgisch Staatsblad, acts
All acts · 1
updated 1 year ago
2025
18-02-2025 Articles of association amended
Summary:
v3.2
Technical details
{
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"name_change": {
"new": "",
"old": "",
"changed": false
},
"seat_change": {
"changed": false
},
"object_change": {
"changed": false
},
"subject_company": {
"kbo": "0460.022.203",
"name_full": "COTOINEX"
},
"legal_form_change": {
"new": "SRL",
"old": "SPRL",
"changed": false
}
}Credit advice
Company registry (CBE)
Activities
Risk and damage evaluation6621067202
Names & trade names
| Legal nameFR | COTOINEX |
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