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KOBALD

Active Private limited company (pre-2019)founded 1995active for 31 yearsKoninklijke Baan 107, 8670 KoksijdeKBO/BCE: BE 0454.660.378

Lifetime

19 annual accounts with figures on one time axis, 30 filings since 1996
peak €54,559 (2007)
€28,105▲ 82.2%
lowest -€83,732 (2011)
€17,262▲ 330%
peak -€38,446 (2007)
-€80,081▲ €17,262
€166,712▼ 13.1%
peak 1 FTE (2008)
-not published
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
30-11-202530 days late
2025micro format
Gross margin from €15,429 to €28,105Result from €4,018 to €17,262Equity from -€97,343 to -€80,081

Key points

from the 2025 annual accounts

Equity

-€80,081
202020212022202320242025

Debts exceed assets in financial year 2025.

Profit

7 years
2019202020212022202320242025

7 profitable years in a row. Profit 2025: €17,262.

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Debts

€166,712 192% of the balance sheet
Financial debts 75%Suppliers 5%Other 20%

Of this, €38,858 falls due within a year.

Filings

30 annual accounts 13 days past the deadline
deadline200020102020

2026 accounts not filed: deadline was 31-10-2026.

Position in the sector

-92.4%

Lower solvency than 91% of companies in accommodation. Sector median 20.5% · 1,847 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager, since 01-10-2018
Director
  • deed of 04-04-2016
Board & ownership

Recent changes

Appointment: (manager) 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
All 39 events

Comparable companies

same main activity, similar in size and age
Company
KOBALD Koksijde €86,632 €28,105 -92.4% -
TICO Antwerp €107,217 €25,299 59.1% -
Coté verger Herve €94,232 €33,175 88.4% -
LE RELAIS DE CHARLINETTE Sombreffe €138,338 €24,601 75.9% -
HET SCHALUINTJE Tielt-Winge €136,504 €27,273 71.7% -
OBJET INSOLITE Watermael-Boitsfort €142,930 €34,580 53.7% -
MARTINE SAMOUN Anderlecht €142,064 €38,126 86.2% -

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.

Official details

Source: KBO
Status
Active since 07-03-1995Normal situation
Activity
Guest rooms (bed and breakfast)NACE 55204and 1 other
Establishment unit
2.071.485.4788670 Koksijde, since 08-05-1995
Financial year end
31 March
Peppol
Reachable
Company details

Annual accounts to 31-03-2025

€86,632▼ 8.3%
Filing
Filed on 30-11-2025
Financials

Insights on KOBALD

KOBALD files the micro format. That format states no turnover. The gross margin fell from €54,559 in 2007 to €28,105 in 2025.

The balance sheet grew most from 2015 to 2017 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KOBALD

What is the company number of KOBALD?
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.

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