Lower solvency than 91% of companies in accommodation. Sector median 20.5% · 1,847 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as KOBALD has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Micro
20 years or older
negative equity
a profit of 5% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,795 companies, not a prediction for KOBALD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
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General meeting of 01-10-2018 · Gazette deed
Company renamed from OCTAVIA to KOBALD
Capital from €18,592.01 to €183,438.86, 665 new shares · Capital after the increase: €183,438.86 · Capital from €183,438.86 to €183,592.01 · General meeting of 09-03-2016 · Gazette deed
First establishment
Modelbouwdiscount, Koninklijke Baan 107, Koksijde
Incorporation
published on 29-03-1995 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as KOBALD: guest rooms (bed and breakfast) (NACE 55204). They are comparable in size and age: total assets between €94,200 and €143,000, founded between 1987 and 1999.
The company number of KOBALD is 0454.660.378. The VAT number is the same number with BE in front: BE 0454.660.378.
Where is KOBALD based?
The registered office is at Koninklijke Baan 107, 8670 Koksijde.Company details
What does KOBALD do?
According to the KBO register, the main activity is guest rooms (bed and breakfast) (NACE 55204).
What is the legal form of KOBALD?
KOBALD is a private limited company (pre-2019) (BVBA).
When was KOBALD founded?
KOBALD was founded on 07-03-1995.
Is KOBALD still active?
Yes, KOBALD is an active enterprise in the KBO register.
What is the turnover of KOBALD?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €28,105 and 2,935 comparable companies of the same size. It probably lies between €68,000 and €200,000. It is a rough estimate.Financials
Is KOBALD profitable?
In financial year 2025, KOBALD made a profit of €17,262.
Where can I find the annual accounts of KOBALD?
KOBALD filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.