O. COCQUYT
ActiveSummary
O. COCQUYT has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.06M and a net result of €2.71M. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 51% of 383 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+1
Solvency67▲+8
Growth73▼-3
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.32 in 2024; short-term debt: 50.5% and cash: 2.7% of total assets), and 58.5% 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○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.5%
Return on assets
14%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
9 d early
2023
140 d late
2022
31 d late
2021
19 d early
2020
2 d late
2019
20 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€63.55M▼ 2.8%
2024 · €65.38M
2018: €33.38M
2019: €31.97M
2020: €34.97M
2021: €38.55M
2022: €44.64M
2023: €64.67M
2024: €65.38M
2018 → 2025
EBIT margin
5.7%▼ 0.2pp
2024 · 5.9%
2018: 2.3%
2019: 2.3%
2020: 1.3%
2021: 2.8%
2022: 5.0%
2023: 6.4%
2024: 5.9%
2018 → 2025
Net result
€2.71M▼ 9.8%
2024 · €3.00M
2018: €543k
2019: €464k
2020: €214k
2021: €755k
2022: €1.46M
2023: €3.14M
2024: €3.00M
2018 → 2025
Working capital
€4.72M▲ 9.9%
2024 · €4.29M
2018: €5.17M
2019: €3.30M
2020: €3.43M
2021: €3.77M
2022: €5.20M
2023: €4.05M
2024: €4.29M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€38.55M-€44.64M▲ 15.8%€64.67M▲ 44.9%€65.38M▲ 1.1%€63.55M▼ 2.8%
Equity€8.38M-€9.52M▲ 13.6%€7.84M▼ 17.6%€7.85M▲ 0.1%€8.06M▲ 2.7%
Operating result€1.07M-€2.21M▲ 107%€4.15M▲ 87.6%€3.86M▼ 7.1%€3.62M▼ 6.2%
Net result€755k-€1.46M▲ 93.9%€3.14M▲ 114%€3.00M▼ 4.2%€2.71M▼ 9.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19.42M
Fixed assets
€4.89M ▼ 10.4%
Current assets
€14.53M ▼ 18.1%
Equity and liabilities €19.42M
Equity
€8.06M ▲ 2.7%
Provisions
€312k ▼ 4.8%
Debt
€11.05M ▼ 26.4%
Debt's share of the balance-sheet total falls from 64.7% to 56.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4.21M▼
2024 · €4.48M
Cash flow
€3.31M▼
2024 · €3.63M
Current ratio
1.48▲
2024 · 1.32
Quick ratio
0.97▲
2024 · 0.73
Debt to equity
1.37▼
2024 · 1.91
ROE
33.6%▼
2024 · 38.3%
ROA
14.0%▲
2024 · 13.0%
Interest coverage
166.34▼
2024 · 170.43
Debt ≤ 1 year
€9.82M▼
2024 · €13.44M
Debt > 1 year
€1.02M▼
2024 · €1.38M
Income taxes
€1.01M▼
2024 · €1.04M
Staff costs
€3.18M▲
2024 · €2.91M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 84 lines
Balance sheet
Code20242025
Assets
Total assets20/58€23.19M€19.42M▼
Fixed assets21/28€5.45M€4.89M▼
Tangible fixed assets22/27€5.45M€4.89M▼
Land and buildings22€4.49M€4.10M▼
Plant, machinery and equipment23€582k€476k▼
Furniture and vehicles24€46k€29k▼
Leasing and similar rights25€335k€279k▼
Current assets29/58€17.74M€14.53M▼
Stocks and contracts in progress3€7.89M€4.98M▼
Stocks30/36€7.89M€4.98M▼
Goods purchased for resale34€7.89M€4.98M▼
Amounts receivable within one year40/41€8.47M€8.97M▲
Trade receivables40€3.12M€5.58M▲
Other amounts receivable41€5.36M€3.39M▼
Current investments50/53€1.05M€51k▼
Other investments51/53€1.05M€51k▼
Cash at bank and in hand54/58€276k€521k▲
Deferred charges and accrued income490/1€48k€8k▼
Equity and liabilities
Total equity and liabilities10/49€23.19M€19.42M▼
Equity10/15€7.85M€8.06M▲
Contributions10/11€404k€404k=
Capital10€404k€404k=
Issued capital100€404k€404k=
Revaluation surpluses12€181k€181k=
Reserves13€936k€936k=
Non-distributable reserves130/1€40k€40k=
Legal reserve130€40k€40k=
Distributable reserves133€896k€896k=
Profit (loss) carried forward14€6.33M€6.54M▲
Provisions and deferred taxes16€328k€312k▼
Provisions for liabilities and charges160/5€328k€312k▼
Major repairs and maintenance162€0-
Other liabilities and charges164/5€328k€312k▼
Amounts payable17/49€15.02M€11.05M▼
Amounts payable after more than one year17€1.38M€1.02M▼
Financial debts170/4€1.38M€1.02M▼
Leasing and similar obligations172€305k€247k▼
Credit institutions173€1.08M€775k▼
Amounts payable within one year42/48€13.44M€9.82M▼
Current portion of amounts payable after more than one year42€357k€358k▲
Trade debts44€4.36M€6.67M▲
Suppliers440/4€4.36M€6.67M▲
Advances received on contracts in progress46€105k€8k▼
Taxes, remuneration and social security45€661k€279k▼
Taxes450/3€401k€17k▼
Remuneration and social security454/9€260k€262k▲
Other amounts payable47/48€7.96M€2.50M▼
Accrued charges and deferred income492/3€192k€213k▲
Income statement
Code20242025
Operating income70/76A€71.42M€69.15M▼
Turnover70€65.38M€63.55M▼
Other operating income74€6.05M€5.60M▼
Non-recurring operating income76A€0-
Operating charges60/66A€67.57M€65.53M▼
Goods for resale, raw materials and consumables60€61.97M€58.52M▼
Purchases600/8€60.83M€55.44M▼
Change in stocks: decrease (increase)609€1.15M€3.08M▲
Services and other goods61€2.16M€3.22M▲
Remuneration, social security and pensions62€2.91M€3.18M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€624k€594k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-206k€-160k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-20k€-16k▲
Other operating charges640/8€128k€192k▲
Non-recurring operating charges66A€0-
Operating profit (loss)9901€3.86M€3.62M▼
Financial income75/76B€154k€127k▼
Recurring financial income75€154k€127k▼
Income from current assets751€154k€127k▼
Other financial income752/9€0€264▲
Financial charges65/66B€-34k€27k▲
Recurring financial charges65€-34k€27k▲
Debt charges650€26k€25k▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€-70k€-21k▲
Other financial charges652/9€10k€23k▲
Profit (loss) for the period before taxes9903€4.04M€3.72M▼
Income taxes67/77€1.04M€1.01M▼
Taxes670/3€1.24M€1.04M▼
Tax adjustments and reversals of tax provisions77€197k€31k▼
Profit (loss) for the period9904€3.00M€2.71M▼
Profit (loss) for the period to be appropriated9905€3.00M€2.71M▼
Appropriation of the result
Profit (loss) to be appropriated9906€9.33M€9.04M▼
Profit (loss) brought forward from the previous period14P€6.32M€6.33M▲
Profit to be distributed694/7€3.00M€2.50M▼
Return on contributions (dividend)694€3.00M€2.50M▼
Social balance
Average headcount (FTE)908739.742.8▲
The notes to these accounts (74 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 140 days late
2023
31-12
Financial
Highest result since 2018net €3.14M ▲114%
Operating result €4.15M, net result €3.14M, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 2 days late
2020
31-12
Financial
Weakest financial yearnet €214k ▼53.9%
Net result drops to €214k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 8 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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, Brugge · 1 establishment unit since 1973
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.
Waggelwater 278200 BruggeGround area
1,993 m²
Parcel 31424B0562/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
MINI Brugge Store
since 19732.008.300.866
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31424B0562/00H000 | Flanders | 1,993 m² | - | - |
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
2022 · 1 entry · 180 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 180 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
7 live approvals · 5 endedAutotechnieken duaal (so)
Koetswerk duaal (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
Spuiter carrosserie (vwo)
Spuiter carrosserie duaal (so)
Voorbewerker carrosserie (vwo)
Show 1 more
Voorbewerker carrosserie duaal (so)
Show 5 ended approvals
Carrosseriehersteller (so)
Demonteur/monteur carrosserie (so)
Plaatwerker carrosserie (so)
Spuiter carrosserie (so)
Voorbewerker carrosserie (so)
Legal Entity Identifier
9845003E062D4F443E97
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Of 7,375 companies in sector 95311 we hold annual accounts for 2,959. 446 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-04-1973
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.