Equity
€30,051 from €96,503 in 2018
Equity fell by 69% in 7 years.
Cotrain
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €578,493 (2007)
€140,905▼ 28.8%
lowest -€52,826 (2019)
-€39,177▼ €61,481
peak €96,503 (2018)
€30,051▼ 56.6%
€321,607▼ 6.9%
peak 11.8 FTE (2007)
-not published
Board3 names since 2009
2 directors and 1 other
Documentsfilings and deeds
14-07-202617 days before the deadline
2025micro format
Gross margin from €197,980 to €140,905Loss of €39,177Equity from €69,228 to €30,051
Key points
from the 2025 annual accountsResult
-€39,177 -€39,177
From profit to loss in 2025, after a profit of €22,304 in 2024.
Debts
€321,607 91% of the balance sheet
Financial debts 56%Suppliers 15%Taxes and wages 23%Other 6%
Of this, €162,248 falls due within a year.
Staff
2 FTE from 11.8 in 2007
Between 2007 and 2025, 83% of the full-time equivalents disappeared.
Filings
29 annual accounts since 1997
Four of the last ten came late. The 2021 accounts came latest: 74 days after the end of the period.
Position in the sector
-€39,177
Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,023 · 22,049 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 540 companies had the same profile as Cotrain has now. Each dot stands for 2 companies, two years later.
85.7%
were still trading
8.3%
stopped another way
5.2%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 540 companies, not a prediction for Cotrain. 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
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Signals
Board and ownership
Director, since 29-12-2009
Director, since 01-03-2018
- 375 sharesdeed of 09-07-2018
- 375 sharesdeed of 09-07-2018
- founderdeed of 09-07-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0459139107
Changes of role: (director) and (director)
Permanent representatives: , , and · Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: · Gazette deed
Registered office moved from Kontich to Rumst
New registered office: Varenstraat 93, 2840 Rumst · Previous registered office: Prins Boudewijnlaan 30 bus 8, 2550 Kontich · Permanent representative: · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Cotrain Rumst | €351,658 | €140,905 | 8.5% | - |
| IT-PRO CONSULTING Retie | €380,158 | €147,345 | 69.3% | - |
| WIVER Brasschaat | €368,905 | €156,978 | 73.4% | - |
| WINSYS CONSULTING Kasterlee | €372,954 | €122,878 | 66.6% | - |
| TIME TECH Nijlen | €364,022 | €173,650 | 95.3% | - |
| XRGS Assesse | €329,522 | €143,689 | -24.7% | - |
| 72dpi Wavre | €378,880 | €146,191 | 43.8% | - |
These companies have the same main activity as Cotrain: computer programming (NACE 62100). They are comparable in size and age: total assets between €330,000 and €380,000, founded between 1998 and 1999.
Official details
Source: KBO- Status
- Active since 07-11-1996Normal situation
- Activity
- Computer programmingNACE 62100and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.079.051.5772840 Rumst, since 12-11-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 13-05-2025
Annual accounts 2025
- ≈ €200,000estimated
- €351,658▼ 15.2%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on Cotrain
Cotrain files the micro format. That format states no turnover. The gross margin fell from €436,561 in 2006 to €140,905 in 2025.
The balance sheet grew most from 2017 to 2019 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Cotrain
- What is the company number of Cotrain?
- The company number of Cotrain is 0459.139.107. The VAT number is the same number with BE in front: BE 0459.139.107.
- Where is Cotrain based?
- The registered office is at Varenstraat 93, 2840 Rumst.Company details
- What does Cotrain do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Cotrain?
- Cotrain is a private limited company (BV).
- When was Cotrain founded?
- Cotrain was founded on 07-11-1996.
- Is Cotrain still active?
- Yes, Cotrain is an active enterprise in the KBO register.
- How many employees does Cotrain have?
- Cotrain had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Cotrain fall under?
- In its 2025 annual accounts, Cotrain states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Cotrain?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €140,905 and 32 comparable companies (NACE 62100). It probably lies between €180,000 and €290,000.
- Is Cotrain profitable?
- In financial year 2025, Cotrain made a loss of €39,177.
- Where can I find the annual accounts of Cotrain?
- Cotrain filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Cotrain due?
- Cotrain must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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