KOBALT CONCEPTS
ActiveKOBALT CONCEPTS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €25k and a net result of €3k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 41% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-14
Solvency65▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.3 in 2023; short-term debt: 59.7% and cash: 79.1% of total assets), and 59.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
40.3%
Return on assets
5.6%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
42 d early
2022
33 d early
2021
52 d early
2020
32 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€25k▲ 7.7%
2023 · €23k
2019: €14k
2020: €14k
2021: €14k
2022: €19k
2023: €23k
2019 → 2024
Total assets
€62k▲ 3.4%
2023 · €60k
2019: €37k
2020: €42k
2021: €42k
2022: €50k
2023: €60k
2019 → 2024
Net result
€3k▼ 45.6%
2023 · €6k
2019: €-5k
2020: €-25
2021: €-245
2022: €6k
2023: €6k
2019 → 2024
Working capital
€17k▲ 51.7%
2023 · €11k
2019: €2k
2020: €3k
2021: €2k
2022: €3k
2023: €11k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€14k-€14k▼ 1.8%€19k▲ 36.3%€23k▲ 25.6%€25k▲ 7.7%
Operating result€991-€658▼ 33.6%€8k▲ 1,160%€10k▲ 16.6%€7k▼ 28.7%
Net result€-25-€-245▼ 880%€6k€6k▲ 0.1%€3k▼ 45.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 29% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €62k
Fixed assets
€8k▼ 32.2%
Current assets
€54k▲ 12.5%
Equity and liabilities €62k
Equity
€25k▲ 7.7%
Debt
€37k▲ 0.7%
The debt ratio falls from 61.2% to 59.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▼
2023 · €14k
Cash flow
€7k▼
2023 · €11k
Solvency
40.3%▲
2023 · 38.8%
Current ratio
1.45▲
2023 · 1.30
Quick ratio
1.45▲
2023 · 1.30
Debt / equity
1.48▼
2023 · 1.58
ROE
13.8%▼
2023 · 27.2%
ROA
5.6%▼
2023 · 10.5%
Interest coverage
5.11▼
2023 · 11.11
Debt
€37k▲
2023 · €37k
Debt ≤ 1 year
€37k▲
2023 · €37k
Income taxes
€1k▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€60k€62k▲
Fixed assets21/28€12k€8k▼
Tangible fixed assets22/27€12k€8k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€8k€6k▼
Current assets29/58€48k€54k▲
Amounts receivable within one year40/41€16k€4k▼
Trade receivables40€16k€4k▼
Cash at bank and in hand54/58€32k€49k▲
Deferred charges and accrued income490/1€332€359▲
Equity and liabilities
Total equity and liabilities10/49€60k€62k▲
Equity10/15€23k€25k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€5k€7k▲
Amounts payable17/49€37k€37k▲
Amounts payable within one year42/48€37k€37k▲
Trade debts44€89-
Suppliers440/4€89-
Taxes, remuneration and social security45€3k€7k▲
Taxes450/3€3k€7k▲
Other amounts payable47/48€34k€30k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€421€364▼
Non-recurring operating charges66A€62-
Gross operating margin9900€15k€11k▼
Operating profit (loss)9901€10k€7k▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€8k€5k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€6k€3k▼
Profit (loss) for the period to be appropriated9905€6k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€8k▲
Profit (loss) brought forward from the previous period14P€35€5k▲
Profit to be distributed694/7€2k€2k▲
Return on contributions (dividend)694€2k€2k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €6k ▲0.1%
Operating result €10k, net result €6k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Waregem · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Broekstraat 58790 WaregemGround area
415 m²
Building footprint
154 m²
Volume, LiDAR
826 m³
Parcel 34040C0606/00T008, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KOBALT CONCEPTS
since 20182.273.065.336
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0606/00T008 | Flanders | 415 m² | 1 · 154 m² | 10.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 184 EUR awarded · 184 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 184 EUR | 184 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Impegno
BE 1014.055.222
Tienen · Eq €25k
Bureaubuitenland België
BE 0736.772.309
Antwerpen · Eq €25k
Birch IT&C
BE 0845.954.519
Hasselt · Eq €25k
GEVELADVIES
BE 1025.693.539
Ieper · Eq €25k
STUHOUSING
BE 0634.816.993
Kontich · Eq €25k
Of 24,503 companies in sector 82990 we hold annual accounts for 9,404. 6,145 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-02-2018
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:joost@kobalt-concepts.com
Phone:0478880576