FISA COCOON

Active

Public limited companyfounded 201411 yrs activeAtomiumsquare 1, 1020 Brussel, BelgiumKBO/BCE: BE 0564.899.393

Summary

FISA COCOON has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140,566 and a net result of -€7,757. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 94% of 214 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch Report Compare

FISA COCOONActiveChecked score 70/100

Risk analysis Report Compare

Activity

Web portal activities

NACE 63910NACE 63120

1 site

Size

€146,360total assets 2025

Equity: €140,566
Loss: -€7,757

Financial health

70 Healthy Checked score 2025

Bankruptcy chance 12 m: 0.6%

Structure

Parent: FISA LIVECOM BRUSSELS · 100%
Board: 3 members

Accounts filed 10 d late2 of 11 deeds read

Why 70- Latest accounts 10 days late; 1 of the last 3 late- Liquidity: current ratio 25.26, cash €1,080, halved- Loss of €7,757 (FY 2025)+ Sector Computing infrastructure, data processing, hosting and other information service activities (NACE 63)Show the evidence

Checked score

Score 2025

70 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Better than 43% of its sector peers (NACE 63, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 100=

equity 96.0% of total assets

Liquidity 51-1

short-term debt 4.0% · cash 0.7%

Profitability 24-76

return on assets -5.3%

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (2,926 companies)

Last 24 months 11-2024: 0.8% 12-2024: 1.0%▲ +28.3% vs 11-2024 01-2025: 1.9%▲ +91.0% vs 12-2024 02-2025: 1.9%● 0.0% vs 01-2025 03-2025: 2.0%▲ +4.1% vs 02-2025 04-2025: 2.3%▲ +15.1% vs 03-2025 05-2025: 2.3%▲ +0.6% vs 04-2025highest value 06-2025: 2.2%▼ -4.6% vs 05-2025 07-2025: 0.5%▼ -77.0% vs 06-2025 08-2025: 0.5%▼ -1.6% vs 07-2025 09-2025: 0.5%● 0.0% vs 08-2025 10-2025: 0.5%▲ +0.2% vs 09-2025 11-2025: 0.5%▲ +0.8% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%▼ -0.8% vs 12-2025 02-2026: 0.5%▼ -0.4% vs 01-2026 03-2026: 0.5%▼ -0.8% vs 02-2026 04-2026: 0.5%▼ -0.8% vs 03-2026lowest value 05-2026: 0.5%▲ +2.1% vs 04-2026 06-2026: 0.5%▲ +0.6% vs 05-2026 07-2026: 0.5%▲ +3.8% vs 06-2026 08-2026: 0.7%▲ +39.1% vs 07-2026 09-2026: 0.6%▼ -19.8% vs 08-2026 10-2026: 0.6%● 0.0% vs 09-2026

Latest accounts 10 days late; 1 of the last 3 late raises the probability
Liquidity: current ratio 25.26, cash €1,080, halved raises the probability
Loss of €7,757 (FY 2025) raises the probability
Sector Computing infrastructure, data processing, hosting and other information service activities (NACE 63) lowers the probability

Credit up to €9,000 at 30 days acceptable

Liquidity ample (current ratio 25.26 against 10.75 in 2024; short-term debt: 4% and cash: 0.7% of total assets), and 4% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 63, micro). Better than this share of them on solvency 85%, liquidity 34%, profitability 20%, growth against the median 34%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Latest accounts 10 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Liquidity: current ratio 25.26, cash €1,080, halved

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Loss of €7,757 (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Sector Computing infrastructure, data processing, hosting and other information service activities (NACE 63)

In the bankruptcy model this factor lowers the probability.

KBO

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

10 d late

2024

58 d early

2023

224 d late

2022

60 d late

2021

34 d early

2020

26 d early

2019

17 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 10 August (4 of the last 5 filed years within 68 days of that day).

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

11-09-26 Resignations: Joan CONDIJTS, Philippe LHOMME and…Appointments: BAYCROSS MANAGEMENT SERVICES SA…
10-08-26 Annual accounts filedfiscal year 2025 · full…
16-06-26 Permanent representatives: Olivier Blanpain, Croisé Management…Reappointments: Philippe Lhomme (director) and…

Key points

Caution: From profit to loss in 2025after €129,245 in 2024 -€7,757 View
Caution: Board changedlatest change 11-09-2026 · 3 in office 3 joined · 3 left View
Positive: Among the best 7% on solvencysector median 43.5% · 214 companies 96.0% View
Controlled by FISA LIVECOM BRUSSELSknown shareholders 100% 100% View