SWEET COCOON
ActiveSummary
SWEET COCOON has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€25,810) and a net result of €3,757. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 5% of 167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
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 2025Age of the figures
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 14
Relative position
BE, all sectors
reference
Manufacture of wearing apparel (NACE 14)
about 12% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 167 sector peers (2025).
NBB · sector comparisonPosition among 167 sector peers
Solvency
better than 5%
← weakest
strongest →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
14 d early
2023
42 d early
2022
18 d early
2021
24 d early
2020
19 d early
2019
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 35% of the sector filed late.
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. Usually files around 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#7 oldest company in Hainaut, Clothing sector
Equity
-€25,810▲ 12.7%
2024 · -€29,567
Total assets
€1,271▼ 2.9%
2024 · €1,309
Net result
€3,757▼ 69.0%
2024 · €12,112
Working capital
-€25,391▲ 0.1%
2024 · -€25,420
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 14, Manufacture of wearing apparel, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8,259€1,718▼ 79.2%€2,142▲ 24.7%€12,189▲ 469%€3,829▼ 68.6%
Net result€6,933within the sector's middle half€877within the sector's middle half▼ 87.3%€1,718within the sector's middle half▲ 95.9%€12,112within the sector's middle half▲ 605%€3,757within the sector's middle half▼ 69.0%
Equity-€44,274below the sector's middle half▲ 13.5%-€43,397below the sector's middle half▲ 2.0%-€41,678below the sector's middle half▲ 4.0%-€29,567below the sector's middle half▲ 29.1%-€25,810below the sector's middle half▲ 12.7%
Total assets€12,000below the sector's middle half▼ 19.9%€6,967below the sector's middle half▼ 41.9%€1,991below the sector's middle half▼ 71.4%€1,309below the sector's middle half▼ 34.3%€1,271below the sector's middle half▼ 2.9%
Debt€56,274▼ 15.0%€50,364▼ 10.5%€43,669▼ 13.3%€30,875▼ 29.3%€27,081▼ 12.3%
Working capital-€30,621below the sector's middle half▼ 2.8%-€32,220below the sector's middle half▼ 5.2%-€27,486below the sector's middle half▲ 14.7%-€25,420below the sector's middle half▲ 7.5%-€25,391below the sector's middle half▲ 0.1%
Solvency-368.9%below the sector's middle half▼ 27.2pp-622.9%below the sector's middle half▼ 253.9pp
Current ratio0.01below the sector's middle half▼ 0.020.01below the sector's middle half=
Return on assets (ROA)57.8%above the sector's middle half▲ 189.1pp12.6%within the sector's middle half▼ 45.2pp
above
within
below
the middle half (P25 to P75) of NACE 14, Manufacture of wearing apparel, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1,271
Fixed assets
€463 ▼ 52.3%
Current assets
€808 ▲ 139%
Equity and liabilities
Equity-€25,810
Debt€27,081
Equity is negative: debt (€27,081) exceeds the balance-sheet total (€1,271).
Key figures and ratios
EBITDA
€4,337▼
2024 · €12,697
Cash flow
€4,265▼
2024 · €12,620
Interest coverage
60.23▼
2024 · 164.89
Debt ≤ 1 year
€26,200▲
2024 · €25,758
Debt > 1 year
€882▼
2024 · €5,117
Ratios withheld: a balance sheet total of €1,271 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
5.3%
stopped otherwise
92%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,768 | €5,106 | €5,106 | €508 | €508 | = |
| Other operating charges640/8 | €1,902 | €1,961 | €1,748 | €487 | €629 | ▲ 29.2% |
| Non-recurring operating charges66A | €25 | €0 | - | - | - | - |
| Gross operating margin9900 | €14,954 | €8,784 | €8,995 | €13,184 | €4,966 | ▼ 62.3% |
| Operating profit (loss)9901 | €8,259 | €1,718 | €2,142 | €12,189 | €3,829 | ▼ 68.6% |
| Financial income75/76B | €1 | €0 | - | - | - | - |
| Recurring financial income75 | €1 | €0 | - | - | - | - |
| Financial charges65/66B | €1,327 | €841 | €423 | €77 | €72 | ▼ 6.5% |
| Recurring financial charges65 | €1,327 | €841 | €423 | €77 | €72 | ▼ 6.5% |
| Profit (loss) for the period before taxes9903 | €6,933 | €877 | €1,718 | €12,112 | €3,757 | ▼ 69.0% |
| Profit (loss) for the period9904 | €6,933 | €877 | €1,718 | €12,112 | €3,757 | ▼ 69.0% |
| Profit (loss) for the period to be appropriated9905 | €6,933 | €877 | €1,718 | €12,112 | €3,757 | ▼ 69.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12,000 | €6,967 | €1,991 | €1,309 | €1,271 | ▼ 2.9% |
| Fixed assets21/28 | €11,690 | €6,584 | €1,478 | €971 | €463 | ▼ 52.3% |
| Tangible fixed assets22/27 | €11,565 | €6,459 | €1,353 | €846 | €338 | ▼ 60.0% |
| Plant, machinery and equipment23 | €2,369 | €1,861 | €1,353 | €846 | €338 | ▼ 60.0% |
| Leasing and similar rights25 | €9,196 | €4,598 | €0 | - | - | - |
| Financial fixed assets28 | €125 | €125 | €125 | €125 | €125 | = |
| Current assets29/58 | €310 | €383 | €513 | €338 | €808 | ▲ 139% |
| Cash at bank and in hand54/58 | €130 | €383 | €325 | €137 | €808 | ▲ 492% |
| Deferred charges and accrued income490/1 | €181 | €0 | €187 | €202 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12,000 | €6,967 | €1,991 | €1,309 | €1,271 | ▼ 2.9% |
| Equity10/15 | -€44,274 | -€43,397 | -€41,678 | -€29,567 | -€25,810 | ▲ 12.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,739 | €1,739 | €1,739 | €1,739 | €1,739 | = |
| Non-distributable reserves130/1 | €1,739 | €1,739 | €1,739 | €0 | - | - |
| Reserves not available under the articles1311 | €1,739 | €1,739 | €1,739 | €0 | - | - |
| Distributable reserves133 | - | - | - | €1,739 | €1,739 | = |
| Profit (loss) carried forward14 | -€64,613 | -€63,736 | -€62,017 | -€49,905 | -€46,148 | ▲ 7.5% |
| Amounts payable17/49 | €56,274 | €50,364 | €43,669 | €30,875 | €27,081 | ▼ 12.3% |
| Amounts payable after more than one year17 | €25,343 | €17,761 | €15,671 | €5,117 | €882 | ▼ 82.8% |
| Financial debts170/4 | €5,896 | €474 | €0 | - | - | - |
| Other amounts payable178/9 | €19,448 | €17,287 | €15,671 | €5,117 | €882 | ▼ 82.8% |
| Amounts payable within one year42/48 | €30,931 | €32,603 | €27,999 | €25,758 | €26,200 | ▲ 1.7% |
| Current portion of amounts payable after more than one year42 | €4,953 | €5,421 | €474 | €0 | - | - |
| Trade debts44 | €18,213 | €19,418 | €19,760 | €17,994 | €18,435 | ▲ 2.5% |
| Suppliers440/4 | €18,213 | €19,418 | €19,760 | €17,994 | €18,435 | ▲ 2.5% |
| Other amounts payable47/48 | €7,764 | €7,764 | €7,764 | €7,764 | €7,764 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,933 | €877 | €1,718 | €12,112 | €3,757 | ▼ 69.0% |
| + Depreciation and write-downs630 | €4,768 | €5,106 | €5,106 | €508 | €508 | = |
| Operating cash flow (approximation) | €11,701 | €5,983 | €6,824 | €12,620 | €4,265 | ▼ 66.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €254 | -€58 | -€189 | €672 | ▲ 456% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €12,112 ▲605%
Operating result €12,189, net result €12,112, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €6,933
Net result €6,933 after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€19,679
Net result drops to -€19,679, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 1989
Ground area
418 m²
Building footprint
77 m²
Volume, LiDAR
566 m³
Parcel 52392C0084/00B017, Wallonia · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SWEET COCOON
since 19892.045.189.570
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52392C0084/00B017 | Wallonia | 418 m² | 1 · 77 m² | 9.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,086 companies in this sector we hold annual accounts for 213. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded12-10-1989
Fiscal year end31-12
Activities, NACEBEL 2025
14210Manufacture of outerwear
E-invoicing
Reachable via Peppol
Peppol ID
0208:0438530862
Also
9925:BE0438530862
Registered
16-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.