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IMMO - COTRUSTCO

Active
Public limited companyfounded 199728 yrs activeLouizalaan 326, 1050 Elsene, BelgiumKBO/BCE: BE 0462.293.684
Summary

IMMO - COTRUSTCO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107k and a net result of €-2k. Equity remains stable across the filed fiscal years (±1.3% per year). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability34=
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.01 in 2024; short-term debt: 13.7% and cash: 0.4% of total assets), and 14% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 28 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
37 d early
2023
36 d early
2022
34 d early
2021
3 d early
2020
22 d early
2019
74 d late
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 30 December 1997, IMMO - COTRUSTCO was incorporated.1 Total assets went from EUR 127,120 in 2018 to EUR 124,160 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€107k▼ 1.4%
2024 · €108k
Total assets
€124k▲ 0.3%
2024 · €124k
Net result
€-2k▲ 1.6%
2024 · €-2k
Working capital
€-16k▼ 10.6%
2024 · €-15k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€-888▲ 21.3%€-767▲ 13.6%€-1k▼ 47.4%€-897▲ 20.7%€-906▼ 1.0%
Net result€-1k▼ 182%€-1k▲ 2.8%€-2k▼ 45.5%€-2k▲ 11.8%€-2k▲ 1.6%
Equity€113k▼ 1.1%€112k▼ 1.1%€110k▼ 1.6%€108k▼ 1.4%€107k▼ 1.4%
Total assets€124k▼ 1.0%€124k▼ 0.5%€125k▲ 0.8%€124k▼ 0.7%€124k▲ 0.3%
Debt€12k▲ 0.1%€12k▲ 5.5%€15k▲ 22.2%€16k▲ 4.6%€17k▲ 12.0%
Working capital€-11k▼ 12.8%€-12k▼ 10.1%€-13k▼ 13.3%€-15k▼ 11.3%€-16k▼ 10.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-2k€-2k€-1k€-500€0Operating result 2021: €-888€-888Net result 2021: €-1k€-1kOperating result 2022: €-767€-767Net result 2022: €-1k€-1kOperating result 2023: €-1k€-1kNet result 2023: €-2k€-2kOperating result 2024: €-897€-897Net result 2024: €-2k€-2kOperating result 2025: €-906€-906Net result 2025: €-2k€-2k20212022202320242025€-2k€-1.5k€-1k€-500€0Operating result 2023: €-1k€-1.1kNet result 2023: €-2k€-1.8kOperating result 2024: €-897€-897Net result 2024: €-2k€-1.5kOperating result 2025: €-906€-906Net result 2025: €-2k€-1.5k202320242025
The operating result stays negative: a loss of €906 in 2025 against €897 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124k
Fixed assets €124k =
Current assets €480 ▲ 256%
Equity and liabilities €124k
Equity €107k ▼ 1.4%
Debt €17k ▲ 12.0%
Debt's share of the balance-sheet total rises from 12.6% to 14.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.03▲
2024 · 0.01
Debt to equity
0.16▲
2024 · 0.14
ROE
-1.4%▲
2024 · -1.4%
ROA
-1.2%▲
2024 · -1.2%
Debt ≤ 1 year
€17k▲
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€124k€124k▲
Fixed assets21/28€124k€124k=
Financial fixed assets28€124k€124k=
Current assets29/58€135€480▲
Cash at bank and in hand54/58€135€480▲
Equity and liabilities
Total equity and liabilities10/49€124k€124k▲
Equity10/15€108k€107k▼
Contributions10/11€149k€149k=
Capital10€149k€149k=
Issued capital100€149k€149k=
Reserves13€15k€15k=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Profit (loss) carried forward14€-55k€-57k▼
Amounts payable17/49€16k€17k▲
Amounts payable within one year42/48€15k€17k▲
Trade debts44€121-
Suppliers440/4€121-
Other amounts payable47/48€15k€17k▲
Accrued charges and deferred income492/3€499€436▼
Income statement Code20242025
Gross operating margin9900€-897€-906▼
Operating profit (loss)9901€-897€-906▼
Financial charges65/66B€649€616▼
Recurring financial charges65€649€616▼
Profit (loss) for the period before taxes9903€-2k€-2k▲
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-55k€-57k▼
Profit (loss) brought forward from the previous period14P€-54k€-55k▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Gross operating margin9900€-888€-767€-1k€-897€-906▼ 1.0%
Operating profit (loss)9901€-888€-767€-1k€-897€-906▼ 1.0%
Financial charges65/66B€351€437€622€649€616▼ 5.1%
Recurring financial charges65€351€437€622€649€616▼ 5.1%
Profit (loss) for the period before taxes9903€-1k€-1k€-2k€-2k€-2k▲ 1.6%
Profit (loss) for the period9904€-1k€-1k€-2k€-2k€-2k▲ 1.6%
Profit (loss) for the period to be appropriated9905€-1k€-1k€-2k€-2k€-2k▲ 1.6%
Line20212022202320242025Change
Assets
Total assets20/58€124k€124k€125k€124k€124k▲ 0.3%
Fixed assets21/28€124k€124k€124k€124k€124k=
Financial fixed assets28€124k€124k€124k€124k€124k=
Current assets29/58€612€43€994€135€480▲ 256%
Cash at bank and in hand54/58€612€43€994€135€480▲ 256%
Equity and liabilities
Total equity and liabilities10/49€124k€124k€125k€124k€124k▲ 0.3%
Equity10/15€113k€112k€110k€108k€107k▼ 1.4%
Contributions10/11€149k€149k€149k€149k€149k=
Capital10€149k€149k€149k€149k€149k=
Issued capital100€149k€149k€149k€149k€149k=
Reserves13€15k€15k€15k€15k€15k=
Non-distributable reserves130/1€15k€15k€15k€15k€15k=
Legal reserve130€15k€15k€15k€15k€15k=
Profit (loss) carried forward14€-51k€-52k€-54k€-55k€-57k▼ 2.7%
Amounts payable17/49€12k€12k€15k€16k€17k▲ 12.0%
Amounts payable within one year42/48€11k€12k€14k€15k€17k▲ 12.8%
Trade debts44--€232€121--
Suppliers440/4--€232€121--
Other amounts payable47/48€11k€12k€14k€15k€17k▲ 13.7%
Accrued charges and deferred income492/3€169€287€471€499€436▼ 12.6%
Line20212022202320242025Change
Profit (loss) for the period9904€-1k€-1k€-2k€-2k€-2k▲ 1.6%
Operating cash flow (approximation)€-1k€-1k€-2k€-2k€-2k▲ 1.6%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€-570€951€-859€345▲ 140%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
13-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
2019
18-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
NBB filing
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 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, Elsene · 1 establishment unit since 1998
seat establishment The establishment unit on the map
Ground area
2,671 m²
Building footprint
2,036 m²
Volume, LiDAR
67,868 m³
Parcel 21807G0178/00E003, Brussels · tallest building 103.3 m, ±6 floors. Linked by address, not a title deed.
123 companies at this address See who is registered here
1 establishment unit
Louizalaan 326, 1050 Brussel
Holdings
since 19982.085.362.517
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0178/00E003 Brussels 2,671 m² 1 · 2,036 m² 103.3 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded30-12-1997
Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.