Equity
€1.2m ▼ 12.4%
Rik Cobbaert paid out €252,500 in dividends. That is 120% of the 2025 profit.
Rik Cobbaert
Lifetime
16 annual accounts with figures on one time axispeak €704,635 (2020)
€406,983▲ 1.4%
peak €505,354 (2020)
€210,176▼ 2.5%
peak €2.3m (2019)
€1.2m▼ 12.4%
€1.5m▲ 3.1%
peak 1.8 FTE (2023)
1.8 FTEunchanged
Board6 names since 2020
2 directorsAddingmoore NV and 1 other
Owners
100%Zoltan
Documentsfilings and deeds
23-07-20268 days before the deadline
2025abbreviated format
Dividend €252,500Equity from €1.4m to €1.2mCash from €499,490 to €264,822
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 48% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.2 percentage points vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%▲ +0.1 percentage points vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Figures for financial year 2025 (filed on 23-07-2026)
Size: 1.8 FTE, total assets €2.7m
Founded in 2009
Equity €1.2m (45.1% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 53% of them on solvency, 45% on liquidity, 70% on profitability and 24% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as Rik Cobbaert has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Rik Cobbaert itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,693 companies, not a prediction for Rik Cobbaert. 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 of up to €110,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.99 (2.35 in 2024), above the usual 1.5. Short-term debt is 35.2% and cash 9.8% of total assets. However, 54.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
8 days early
2023
23 days early
2022
on the day
2021
31 days late
2020
3 days early
2019
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Environmental permit granted
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen, Nieuwbouw of aanleggen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 1 more · Brugge
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0810749061
New managing director
BV ZOLTAN appointed, Ann THURMAN resigned · Permanent representative: Rene RABAEY · General meeting of 04-05-2021 · Gazette deed
3 directors appointed, 2 resignations
Resignations: Rik COBBAERT and Rita FIERS · Appointments: ZOLTAN, THE FOREX GROUP and Ann Thurman · Permanent representatives: Rene RABAEY and Harald VAN GELUWE · General meeting of 31-12-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Rik Cobbaert Bruges | €2.7m | €406,983 | 45.1% | 1.8 |
| MONKERHEY Tielt | €2.5m | €410,135 | 26.6% | 1.6 |
| TECHNIEK CENTER WINTMOLDERS Sint-Truiden | €2.8m | €288,956 | 39.0% | 1.6 |
| MERSCH AGRI SOLUTIONS Pajottegem | €1.9m | €356,659 | 36.4% | 2.7 |
| DEROO SAM Wingene | €2.0m | €649,735 | 90.2% | 2.3 |
| HUYGHE David Kortemark | €2.3m | €446,426 | 32.0% | 2.5 |
| VDK-Technix Zele | €2.8m | €508,333 | 40.4% | 1.4 |
These companies have the same main activity as Rik Cobbaert: wholesale trade (NACE 46610). They are comparable in size and age: total assets between €1.9m and €2.8m, founded between 2004 and 2015.
Official details
Source: KBO- Status
- Active since 27-03-2009Normal situation
- Activity
- Wholesale tradeNACE 46610and 3 others
- Joint committee
- 149.04Metal trade · annual accounts 2025
- Establishment unit
- 2.177.272.7878000 Bruges, since 06-04-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 27-04-2024
Annual accounts 2025
- €2.7m▼ 4.5%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Companies linked to Rik Cobbaert
Parent and group
Insights on Rik Cobbaert
Rik Cobbaert files the abbreviated format. That format states no turnover. The gross margin fell from €579,378 in 2010 to €406,983 in 2025.
Zoltan holds all the shares.
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 Rik Cobbaert
- What is the company number of Rik Cobbaert?
- The company number of Rik Cobbaert is 0810.749.061. The VAT number is the same number with BE in front: BE 0810.749.061.
- Where is Rik Cobbaert based?
- The registered office is at Blankenbergse Steenweg 394, 8000 Bruges.Company details
- What does Rik Cobbaert do?
- According to the KBO register, the main activity is wholesale trade (NACE 46610).
- What is the legal form of Rik Cobbaert?
- Rik Cobbaert is a private limited company (BV).
- When was Rik Cobbaert founded?
- Rik Cobbaert was founded on 27-03-2009.
- Is Rik Cobbaert still active?
- Yes, Rik Cobbaert is an active enterprise in the KBO register.
- How many employees does Rik Cobbaert have?
- Rik Cobbaert had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Rik Cobbaert fall under?
- In its 2025 annual accounts, Rik Cobbaert states joint committee 149.04 (Metal trade).
- What is the turnover of Rik Cobbaert?
- The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €406,983 and 139 comparable companies (NACE 46). It probably lies between €1.3m and €3.5m.
- Is Rik Cobbaert profitable?
- In financial year 2025, Rik Cobbaert made a profit of €210,176.
- Where can I find the annual accounts of Rik Cobbaert?
- Rik Cobbaert filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Rik Cobbaert due?
- Rik Cobbaert must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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