IMMO - COTRUSTCO
ActiveSummary
IMMO - COTRUSTCO has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106,746 and a net result of -€1,522. Equity remains stable across the filed financial years (±1.3% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, abbreviated format
Equity
€106,746▼ 1.4%
2024 · €108,268
Total assets
€124,160▲ 0.3%
2024 · €123,814
Net result
-€1,522▲ 1.6%
2024 · -€1,546
Working capital
-€16,497▼ 10.6%
2024 · -€14,913
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €906 in 2025 against €897 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€906
2025
Net result-€1,522
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€124,160
2025
Equity€106,746
2025
Debt€17,414
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€16,497
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€7,195--€5,969▲ 17.0%-€1,128▲ 81.1%-€888▲ 21.3%-€767▲ 13.6%-€1,130▼ 47.4%-€897▲ 20.7%-€906▼ 1.0%
Net result-€7,303--€6,048▲ 17.2%-€440▲ 92.7%-€1,239▼ 182%-€1,204▲ 2.8%-€1,752▼ 45.5%-€1,546▲ 11.8%-€1,522▲ 1.6%
Equity€120,496-€114,448▼ 5.0%€114,008▼ 0.4%€112,770▼ 1.1%€111,566▼ 1.1%€109,814▼ 1.6%€108,268▼ 1.4%€106,746▼ 1.4%
Total assets€127,120-€124,080▼ 2.4%€125,518▲ 1.2%€124,292▼ 1.0%€123,722▼ 0.5%€124,674▲ 0.8%€123,814▼ 0.7%€124,160▲ 0.3%
Debt€6,624-€9,632▲ 45.4%€11,510▲ 19.5%€11,522▲ 0.1%€12,156▲ 5.5%€14,860▲ 22.2%€15,547▲ 4.6%€17,414▲ 12.0%
Working capital-€3,183--€9,231▼ 190%-€9,519▼ 3.1%-€10,740▼ 12.8%-€11,827▼ 10.1%-€13,395▼ 13.3%-€14,913▼ 11.3%-€16,497▼ 10.6%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124,160
Fixed assets
€123,680 =
Current assets
€480 ▲ 256%
Equity and liabilities €124,160
Equity
€106,746 ▼ 1.4%
Debt
€17,414 ▲ 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
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
€16,978▲
2024 · €15,048
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - | - | - | - |
| Gross operating margin9900 | -€6,847 | -€5,621 | -€1,128 | -€888 | -€767 | -€1,130 | -€897 | -€906 | ▼ 1.0% |
| Operating profit (loss)9901 | -€7,195 | -€5,969 | -€1,128 | -€888 | -€767 | -€1,130 | -€897 | -€906 | ▼ 1.0% |
| Recurring financial income75 | €0 | - | €1,000 | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €351 | €437 | €622 | €649 | €616 | ▼ 5.1% |
| Recurring financial charges65 | €108 | €79 | €312 | €351 | €437 | €622 | €649 | €616 | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | -€7,303 | -€6,048 | -€440 | -€1,239 | -€1,204 | -€1,752 | -€1,546 | -€1,522 | ▲ 1.6% |
| Income taxes67/77 | €0 | - | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€7,303 | -€6,048 | -€440 | -€1,239 | -€1,204 | -€1,752 | -€1,546 | -€1,522 | ▲ 1.6% |
| Profit (loss) for the period to be appropriated9905 | -€7,303 | -€6,048 | -€440 | -€1,239 | -€1,204 | -€1,752 | -€1,546 | -€1,522 | ▲ 1.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €127,120 | €124,080 | €125,518 | €124,292 | €123,722 | €124,674 | €123,814 | €124,160 | ▲ 0.3% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €123,680 | €123,680 | €123,680 | €123,680 | €123,680 | €123,680 | €123,680 | €123,680 | = |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - | - | - | - |
| Financial fixed assets28 | €123,680 | €123,680 | €123,680 | €123,680 | €123,680 | €123,680 | €123,680 | €123,680 | = |
| Current assets29/58 | €3,440 | €401 | €1,839 | €612 | €43 | €994 | €135 | €480 | ▲ 256% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0 | - | - | - | - | - | - | - | - |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €3,440 | €401 | €1,839 | €612 | €43 | €994 | €135 | €480 | ▲ 256% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €127,120 | €124,080 | €125,518 | €124,292 | €123,722 | €124,674 | €123,814 | €124,160 | ▲ 0.3% |
| Equity10/15 | €120,496 | €114,448 | €114,008 | €112,770 | €111,566 | €109,814 | €108,268 | €106,746 | ▼ 1.4% |
| Contributions10/11 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | = |
| Capital10 | - | - | - | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | = |
| Issued capital100 | - | - | - | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | = |
| Reserves13 | €14,874 | €14,874 | €14,874 | €14,874 | €14,874 | €14,874 | €14,874 | €14,874 | = |
| Non-distributable reserves130/1 | - | - | - | €14,874 | €14,874 | €14,874 | €14,874 | €14,874 | = |
| Legal reserve130 | - | - | - | €14,874 | €14,874 | €14,874 | €14,874 | €14,874 | = |
| Profit (loss) carried forward14 | -€43,114 | -€49,161 | -€49,601 | -€50,840 | -€52,044 | -€53,796 | -€55,342 | -€56,863 | ▼ 2.7% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €6,624 | €9,632 | €11,510 | €11,522 | €12,156 | €14,860 | €15,547 | €17,414 | ▲ 12.0% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €6,624 | €9,632 | €11,357 | €11,352 | €11,869 | €14,389 | €15,048 | €16,978 | ▲ 12.8% |
| Trade debts44 | €1,424 | €3,432 | €157 | - | - | €232 | €121 | - | - |
| Suppliers440/4 | - | - | - | - | - | €232 | €121 | - | - |
| Other amounts payable47/48 | - | - | - | €11,352 | €11,869 | €14,156 | €14,927 | €16,978 | ▲ 13.7% |
| Accrued charges and deferred income492/3 | - | - | - | €169 | €287 | €471 | €499 | €436 | ▼ 12.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,303 | -€6,048 | -€440 | -€1,239 | -€1,204 | -€1,752 | -€1,546 | -€1,522 | ▲ 1.6% |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€7,303 | -€6,048 | -€440 | -€1,239 | -€1,204 | -€1,752 | -€1,546 | -€1,522 | ▲ 1.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€3,039 | €1,438 | -€1,226 | -€570 | €951 | -€859 | €345 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-06-2026 | 2026-00238860 |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00190848 |
| 31-12-2023 | micro format | 25-06-2024 | 2024-00173679 |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00177609 |
| 31-12-2021 | micro format | 28-07-2022 | 2022-20259558 |
| 31-12-2020 | micro format | 09-07-2021 | 2021-33800282 |
| 31-12-2019 | micro format | 13-10-2020 | 2020-61100479 |
| 31-12-2018 | micro format | 18-06-2019 | 2019-19600207 |
| 31-12-2017 | micro format | 10-07-2018 | 2018-31300057 |
| 31-12-2016 | micro format | 10-08-2017 | 2017-42900325 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.