COTTERELL COMMODITIES INTERNATIONAL
ActiveCOTTERELL COMMODITIES INTERNATIONAL has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-58k) and a net result of €-16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▲+6
Solvency22▼-1
Growth34▲+1
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.96 against 1.01 in 2024; short-term debt: 100.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+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 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-2.9%
Return on assets
-0.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-58k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
24 d early
2023
1 d early
2022
22 d late
2021
1 d late
2020
18 d late
2019
10 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€4.75M▲ 6.5%
2024 · €4.46M
2018: €4.31M
2019: €4.67M
2020: €3.82M
2021: €4.26M
2022: €4.49M
2023: €4.46M
2024: €4.46M
2018 → 2025
EBIT margin
0.3%▲ 0.9pp
2024 · -0.6%
2018: 1.5%
2019: 115.7%
2020: -3.4%
2021: -0.9%
2022: -10.9%
2023: -4.2%
2024: -0.6%
2018 → 2025
Net result
€-16k▲ 64.4%
2024 · €-46k
2018: €62k
2019: €4.77M
2020: €-147k
2021: €72k
2022: €-495k
2023: €-177k
2024: €-46k
2018 → 2025
Working capital
€-88k
2024 · €12k
2018: €-478k
2019: €-1.51M
2020: €-1.57M
2021: €455k
2022: €-130k
2023: €-297k
2024: €12k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4.26M-€4.49M▲ 5.2%€4.46M▼ 0.6%€4.46M▲ 0.1%€4.75M▲ 6.5%
Equity€426k-€-69k€-246k▼ 257%€-42k▲ 83.0%€-58k▼ 39.0%
Operating result€-40k-€-487k▼ 1,127%€-186k▲ 61.8%€-27k▲ 85.2%€13k
Net result€72k-€-495k€-177k▲ 64.2%€-46k▲ 74.1%€-16k▲ 64.4%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13k after a loss of €27k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.98M
Fixed assets
€85k▼ 8.3%
Current assets
€1.89M▲ 4.8%
Key figures and ratios
EBITDA
€20k▲
2024 · €-16k
Cash flow
€-9k▲
2024 · €-34k
Solvency
-2.9%▼
2024 · -2.2%
Current ratio
0.96▼
2024 · 1.01
Quick ratio
0.96▼
2024 · 1.01
Debt / equity
-34.42▲
2024 · -45.69
ROA
-0.8%▲
2024 · -2.4%
Interest coverage
0.77▲
2024 · -0.76
Debt
€2.00M▲
2024 · €1.91M
Debt ≤ 1 year
€1.98M▲
2024 · €1.80M
Income taxes
€347▼
2024 · €549
Staff costs
€415k▼
2024 · €515k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.90M€1.98M▲
Fixed assets21/28€93k€85k▼
Tangible fixed assets22/27€14k€7k▼
Plant, machinery and equipment23€13k€7k▼
Furniture and vehicles24€404€0▼
Financial fixed assets28€79k€79k▼
Affiliated companies280/1€62k€62k=
Participating interests280€62k€62k=
Other financial fixed assets284/8€18k€17k▼
Shares284€400€400=
Amounts receivable and cash guarantees285/8€17k€17k▼
Current assets29/58€1.81M€1.89M▲
Amounts receivable within one year40/41€1.56M€1.78M▲
Trade receivables40€1.55M€1.78M▲
Other amounts receivable41€12k€203▼
Cash at bank and in hand54/58€53-
Deferred charges and accrued income490/1€245k€111k▼
Equity and liabilities
Total equity and liabilities10/49€1.90M€1.98M▲
Equity10/15€-42k€-58k▼
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€90k€88k▼
Non-distributable reserves130/1€87k€87k=
Legal reserve130€87k€87k=
Tax-exempt reserves132€3k€1k▼
Profit (loss) carried forward14€-632k€-646k▼
Provisions and deferred taxes16€31k€35k▲
Provisions for liabilities and charges160/5€29k€34k▲
Environmental obligations163€29k€34k▲
Deferred taxes168€2k€1k▼
Amounts payable17/49€1.91M€2.00M▲
Amounts payable within one year42/48€1.80M€1.98M▲
Trade debts44€876k€327k▼
Suppliers440/4€876k€327k▼
Taxes, remuneration and social security45€209k€136k▼
Taxes450/3€143k€95k▼
Remuneration and social security454/9€66k€41k▼
Other amounts payable47/48€711k€1.52M▲
Accrued charges and deferred income492/3€115k€20k▼
Income statement
Code20242025
Operating income70/76A€4.47M€4.88M▲
Turnover70€4.46M€4.75M▲
Other operating income74€10k€4k▼
Non-recurring operating income76A-€125k
Operating charges60/66A€4.50M€4.87M▲
Services and other goods61€3.95M€4.39M▲
Remuneration, social security and pensions62€515k€415k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€7k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-3k€5k▲
Other operating charges640/8€29k€52k▲
Operating profit (loss)9901€-27k€13k▲
Financial income75/76B€5k-
Recurring financial income75€5k-
Other financial income752/9€5k-
Financial charges65/66B€23k€30k▲
Recurring financial charges65€23k€30k▲
Debt charges650€21k€26k▲
Other financial charges652/9€2k€4k▲
Profit (loss) for the period before taxes9903€-46k€-17k▲
Transfer from deferred taxes780€609€609=
Income taxes67/77€549€347▼
Taxes670/3€549€347▼
Profit (loss) for the period9904€-46k€-16k▲
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€-44k€-15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-632k€-646k▼
Profit (loss) brought forward from the previous period14P€-588k€-632k▼
Social balance
Average headcount (FTE)90876.65.1▼
The notes to these accounts (44 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 22 days late
2022
31-12
Financial
Weakest financial yearnet €-495k ▼785%
Net result drops to €-495k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 1 day late
2021
31-12
Financial
Back to profitnet €72k
Net result €72k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 1.56
Current ratio from 0.35 to 1.56; short-term debt falls from €2.42M to €812k.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 10 days late
2019
31-12
Financial
Highest result since 2018net €4.77M ▲7632%
Operating result €5.40M, net result €4.77M, both a record.
31-12
Financial
Equity above €2MEq €4.82M ▲10580%
2 profitable years in a row build equity to €4.82M.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
26 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, Antwerpen · 3 establishment units since 1986
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Luithagen-Haven 92030 AntwerpenGround area
7.6 ha
Building footprint
4.5 ha
Volume, LiDAR
408,920 m³
3 parcels, Flanders · tallest building 44.3 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
COTTERELL COMMODITIES INTERNATIONAL
since 19862.028.761.037
Cotterell Commodities International
since 20102.185.242.328
Cotterell Commodities International
since 20262.389.428.813
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46010E0345/00L002 | Flanders | 2.9 ha | 1 · 2.1 ha | 16.9 m · 3 fl. |
| 11815D0262/00D000 | Flanders | 2.8 ha | 1 · 1.5 ha | 9.1 m · 2 fl. |
| 11818C0038/03_000 | Flanders | 2.0 ha | 1 · 9,086 m² | 44.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
2022 to 2024 · 3 entries · 6,535 EUR awarded · 6,535 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,130 EUR | 2,130 EUR |
| 2023 | 1 | 3,515 EUR | 3,515 EUR |
| 2022 | 1 | 890 EUR | 890 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Similar companies · same sector, comparable size
HEINE
BE 0641.921.452
Soumagne · Eq €426k
CROSSPORT
BE 0656.752.950
Lochristi · Eq €427k
NATURAL FOODS LOGISTICS
BE 0636.771.049
Hoogstraten · Eq €431k
KATOEN NATIE TESSENDERLO
BE 0436.923.929
Tessenderlo-Ham · Eq €419k
VAN LAER & Co
BE 0443.998.692
Beerse · Eq €436k
Of 1,030 companies in sector 52100 we hold annual accounts for 764. 530 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-01-1986
Fiscal year end31-12
Activities, NACEBEL
52100Warehousing and storage
52241Warehousing and support activities for transportation
63121
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.