COTTIMMO
ActiveSummary
COTTIMMO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €981,145 and a net result of €39,543. Equity is growing by ~7.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
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Signals
This company filed its last 7 accounts on average 1 day after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,333 | €34,327 | €46,893 | €58,487 | €60,521 | ▲ 3.5% |
| Other operating charges640/8 | - | €28,022 | €30,618 | €31,914 | €32,901 | ▲ 3.1% |
| Gross operating margin9900 | €171,474 | €177,475 | €186,202 | €195,724 | €193,651 | ▼ 1.1% |
| Operating profit (loss)9901 | €124,632 | €115,126 | €108,691 | €105,322 | €100,229 | ▼ 4.8% |
| Financial income75/76B | - | - | - | €3,111 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | - | - | €3,111 | €0 | ▼ 100% |
| Financial charges65/66B | - | €12,766 | €25,804 | €36,771 | €45,874 | ▲ 24.8% |
| Recurring financial charges65 | €8,239 | €12,766 | €25,804 | €36,771 | €45,874 | ▲ 24.8% |
| Profit (loss) for the period before taxes9903 | €116,393 | €102,360 | €82,887 | €71,663 | €54,355 | ▼ 24.2% |
| Income taxes67/77 | €31,080 | €27,345 | €22,120 | €19,125 | €14,812 | ▼ 22.6% |
| Profit (loss) for the period9904 | €85,312 | €75,015 | €60,766 | €52,538 | €39,543 | ▼ 24.7% |
| Profit (loss) for the period to be appropriated9905 | €85,312 | €75,015 | €60,766 | €52,538 | €39,543 | ▼ 24.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.4m | €2.0m | €2.0m | €2.0m | ▲ 0.6% |
| Fixed assets21/28 | €1.2m | €1.3m | €1.9m | €1.9m | €1.9m | ▼ 1.0% |
| Tangible fixed assets22/27 | €1.2m | €1.3m | €1.9m | €1.9m | €1.9m | ▼ 1.0% |
| Land and buildings22 | - | €1.3m | €1.9m | €1.9m | €1.9m | ▼ 1.2% |
| Furniture and vehicles24 | - | - | - | - | €4,013 | - |
| Current assets29/58 | €23,288 | €113,476 | €96,998 | €82,861 | €114,500 | ▲ 38.2% |
| Amounts receivable within one year40/41 | €19,659 | €73,407 | €19,727 | €72,752 | €105,722 | ▲ 45.3% |
| Trade receivables40 | - | - | - | - | €27,000 | - |
| Other amounts receivable41 | - | €73,407 | €19,727 | €72,752 | €78,722 | ▲ 8.2% |
| Cash at bank and in hand54/58 | €2,649 | €39,059 | €76,185 | €8,950 | €7,563 | ▼ 15.5% |
| Deferred charges and accrued income490/1 | - | €1,010 | €1,085 | €1,159 | €1,215 | ▲ 4.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.4m | €2.0m | €2.0m | €2.0m | ▲ 0.6% |
| Equity10/15 | €753,282 | €828,297 | €889,064 | €941,602 | €981,145 | ▲ 4.2% |
| Contributions10/11 | €96,678 | €96,678 | €96,678 | €96,678 | €96,678 | = |
| Capital10 | - | €96,678 | €96,678 | €96,678 | €96,678 | = |
| Issued capital100 | - | €96,678 | €96,678 | €96,678 | €96,678 | = |
| Reserves13 | €656,604 | €731,619 | €792,385 | €844,923 | €884,466 | ▲ 4.7% |
| Non-distributable reserves130/1 | - | €9,668 | €9,668 | €9,668 | €9,668 | = |
| Legal reserve130 | - | €9,668 | €9,668 | €9,668 | €9,668 | = |
| Distributable reserves133 | - | €721,951 | €782,717 | €835,256 | €874,799 | ▲ 4.7% |
| Amounts payable17/49 | €434,937 | €604,553 | €1.2m | €1.0m | €998,350 | ▼ 2.6% |
| Amounts payable after more than one year17 | €129,784 | €135,127 | €640,690 | €886,482 | €855,913 | ▼ 3.4% |
| Financial debts170/4 | - | - | €500,000 | €440,000 | €380,000 | ▼ 13.6% |
| Other amounts payable178/9 | - | €135,127 | €140,690 | €446,482 | €475,913 | ▲ 6.6% |
| Amounts payable within one year42/48 | €305,154 | €469,426 | €503,285 | €132,506 | €136,101 | ▲ 2.7% |
| Current portion of amounts payable after more than one year42 | - | - | €60,000 | €60,000 | €60,000 | = |
| Trade debts44 | €156,033 | €23,433 | €409,920 | €33,989 | €33,617 | ▼ 1.1% |
| Suppliers440/4 | - | €23,433 | €409,920 | €33,989 | €33,617 | ▼ 1.1% |
| Taxes, remuneration and social security45 | - | €29,729 | €24,603 | €24,410 | €23,113 | ▼ 5.3% |
| Taxes450/3 | - | €29,729 | €24,603 | €24,410 | €23,113 | ▼ 5.3% |
| Other amounts payable47/48 | - | €416,264 | €8,762 | €14,107 | €19,370 | ▲ 37.3% |
| Accrued charges and deferred income492/3 | - | - | €6,684 | €6,510 | €6,336 | ▼ 2.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,312 | €75,015 | €60,766 | €52,538 | €39,543 | ▼ 24.7% |
| + Depreciation and write-downs630 | €20,333 | €34,327 | €46,893 | €58,487 | €60,521 | ▲ 3.5% |
| Operating cash flow (approximation) | €105,646 | €109,342 | €107,660 | €111,025 | €100,064 | ▼ 9.9% |
| Investment in fixed assets (approximation) | - | -€188,770 | -€670,244 | €0 | -€41,277 | - |
| Change in cash | - | €36,410 | €37,127 | -€67,235 | -€1,387 | ▲ 97.9% |
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
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016A0511/00M002 | Flanders | 7,816 m² | 1 · 7,259 m² | - |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
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