Cotton Square
The computed 12-month bankruptcy probability of Cotton Square is 4.2% (elevated). The 2024 annual accounts show equity of €186k and a net result of €-14k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €186k |
| Net result | €-14k |
| Active | 3 yrs |
| Locations | 1 |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €33k |
| Net profit | €-14k |
| Cash flow | €14k |
| Staff costs | - |
| Income taxes | €0 |
| Dividends | - |
| Total assets | €745k |
| Equity | €186k |
| Debt | €559k |
| of which ≤ 1y | €101k |
| of which > 1y | €456k |
| Working capital | €-98k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.02 |
| Quick ratio | 0.02 |
| Working capital ratio | -13.2% |
| Solvency | 25.0% |
| Debt / equity | 3.00 |
| Long-term debt ratio | 2.45 |
| Interest coverage | 1.72 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.9% |
| ROE | -7.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €745k |
| Fixed assets | 21/28 | €736k |
| Formation expenses | 20 | €7k |
| Tangible fixed assets | 22/27 | €736k |
| Current assets | 29/58 | €2k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €745k |
| Equity | 10/15 | €186k |
| Contributions / capital | 10/11 | €200k |
| Accumulated profits (losses) | 14 | €-14k |
| Amounts payable | 17/49 | €559k |
| Amounts payable after one year | 17 | €456k |
| Amounts payable within one year | 42/48 | €101k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €39k |
| Operating result | 9901 | €5k |
| Financial income | 75 | €3 |
| Financial charges | 65 | €19k |
| Result before taxes | 9903 | €-14k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-14k |
| Result to be appropriated | 9905 | €-14k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 12-06-2023 |
| Status | Active |
| Postal code | 5580 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91114B0201/00X000 | Wallonia | 708 m² | 1 · 168 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
20-03-2025 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
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"notary": {
"name": "Philippe de WASSEIGE",
"firm_city": null,
"firm_name": null,
"office_city": "Rochefort",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-03-20",
"filing_date": "2025-03-18",
"act_kind_objet": "STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS)"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"act_date": "2025-03-10",
"unanimous": true
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"targeted_amendment"
],
"scope": "translation_only",
"trigger": "other",
"language_after": "nl",
"language_before": "nl"
},
"bedrijfsrevisor": {
"firm_kbo": null,
"firm_name": "R\u00E9viseurs d\u0027Entreprises",
"ibr_number": null,
"individual_name": "Olivier Ronsmans"
},
"subject_company": {
"kbo": "0802.638.376",
"name_full_after": "Cotton Square",
"legal_form_after": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
"name_full_before": "Cotton Square",
"current_zetel_raw": "Rue de la Lib\u00E9ration 60 : 5580 Rochefort",
"legal_form_before": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e"
},
"special_mandates": [],
"articles_modified": [
{
"summary": "The first paragraph of article 5 of the statutes has been amended as a consequence of the capital increase.",
"new_text": null,
"change_kind": "amended",
"article_title": null,
"article_number": "5"
}
],
"governance_change": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Nad\u00E8ge PI\u00C9RARD",
"org_rep_person_name": null
},
"co_filed_documents": [
"statuts coordonn\u00E9s"
],
"shareholder_rights": null,
"voorwerp_change_summary": null,
"capital_structure_change": {
"operations": [
"capital_increase_kind",
"share_class_creation"
],
"split_ratio": null,
"shares_after": 235100,
"shares_before": 200100,
"capital_after_eur": 235100.0,
"capital_before_eur": 200100.0,
"share_classes_after": [
{
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"label": "actions nouvelles",
"rights_summary": "Voting rights and preferences not specified in the text.",
"voting_per_share": null
}
]
},
"coordinated_text_lineage": null
}| Legal nameFR | Cotton Square |