THE COM

Active

Private limited companyfounded 200323 yrs activeAutolei 217, 2160 Wommelgem, BelgiumKBO/BCE: BE 0479.360.934

The computed 12-month bankruptcy probability of THE COM is 1.5% (moderate). The 2025 annual accounts show equity of €13k and a net result of €-3k. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 74% of 13204 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

57 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability19▼-70

Solvency83▼-11

Growth32▼-26

Track record100

Bankruptcy probability, 12 months

1.5% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 9.04 against 8.04 in 2024; short-term debt: 10.2% and cash: 11.8% of total assets), and 41.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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 2025

Solvency, return and age of the figures

Solvency

58.1%

Return on assets

-15%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

17 d early

2024

27 d early

2023

8 d early

2022

27 d early

2021

51 d early

2020

36 d early

2019

31 d early

← before the deadline after the deadline →

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 months

Position in the running window

19-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€13k▼ 20.5%

2024 · €16k

2018: €19k 2019: €21k 2020: €28k 2021: €22k 2022: €14k 2023: €12k 2024: €16k

2018 → 2025

Total assets

€22k▼ 5.1%

2024 · €23k

2018: €23k 2019: €24k 2020: €30k 2021: €26k 2022: €20k 2023: €20k 2024: €23k

2018 → 2025

Net result

€-3k

2024 · €4k

2018: €-546 2019: €2k 2020: €7k 2021: €-6k 2022: €-8k 2023: €-1k 2024: €4k

2018 → 2025

Working capital

€18k▲ 9.4%

2024 · €16k

2018: €18k 2019: €22k 2020: €22k 2021: €8k 2022: €6k 2023: €10k 2024: €16k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€22k-€14k▼ 37.2%€12k▼ 10.0%€16k▲ 30.7%€13k▼ 20.5%

Operating result€-6k-€-8k▼ 30.4%€-715▲ 90.7%€4k€-3k

Net result€-6k-€-8k▼ 25.5%€-1k▲ 83.1%€4k€-3k

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €3k after €4k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €22k

91.8%

Fixed assets €2k▼ 59.4%

Current assets €20k▲ 7.7%

Equity and liabilities €22k

58.1%

41.9%

Equity €13k▼ 20.5%

Debt €9k▲ 29.6%

The debt ratio rises from 30.7% to 41.9%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€1k▼

2024 · €8k

Cash flow

€599▼

2024 · €8k

Solvency

58.1%▼

2024 · 69.3%

Current ratio

9.04▲

2024 · 8.04

Quick ratio

9.04▲

2024 · 8.04

Debt / equity

0.72▲

2024 · 0.44

ROE

-25.8%▼

2024 · 23.5%

ROA

-15.0%▼

2024 · 16.3%

Interest coverage

2.31▼

2024 · 15.61

Debt

€9k▲

2024 · €7k

Debt ≤ 1 year

€2k▼

2024 · €2k

Debt > 1 year

€5k▲

2024 · €5k

Income taxes

€140▲

2024 · €139

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€23k€22k▼

Fixed assets21/28€4k€2k▼

Tangible fixed assets22/27€4k€2k▼

Plant, machinery and equipment23€534€181▼

Furniture and vehicles24€3k€1k▼

Other tangible fixed assets26€1k€244▼

Current assets29/58€19k€20k▲

Amounts receivable within one year40/41€15k€18k▲

Trade receivables40€1k€50▼

Other amounts receivable41€13k€17k▲

Cash at bank and in hand54/58€4k€3k▼

Deferred charges and accrued income490/1€87€38▼

Equity and liabilities

Total equity and liabilities10/49€23k€22k▼

Equity10/15€16k€13k▼

Contributions10/11€19k€19k=

Reserves13€2k-

Distributable reserves133€2k-

Profit (loss) carried forward14€-4k€-6k▼

Amounts payable17/49€7k€9k▲

Amounts payable after more than one year17€5k€5k▲

Other amounts payable178/9€5k€5k▲

Amounts payable within one year42/48€2k€2k▼

Trade debts44€2k€1k▼

Suppliers440/4€2k€1k▼

Advances received on contracts in progress46-€462

Taxes, remuneration and social security45€218€646▲

Taxes450/3€218€646▲

Accrued charges and deferred income492/3-€2k

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼

Other operating charges640/8€1k€1k▲

Gross operating margin9900€10k€3k▼

Operating profit (loss)9901€4k€-3k▼

Financial income75/76B€204€18▼

Recurring financial income75€204€18▼

Financial charges65/66B€543€552▲

Recurring financial charges65€543€552▲

Profit (loss) for the period before taxes9903€4k€-3k▼

Income taxes67/77€139€140▲

Profit (loss) for the period9904€4k€-3k▼

Profit (loss) for the period to be appropriated9905€4k€-3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-4k€-8k▼

Profit (loss) brought forward from the previous period14P€-8k€-4k▲

Transfer from equity791/2-€2k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 16Financial 6Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

14-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

04-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €4k

Net result €4k after 3 loss-making years.

23-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

04-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Weakest financial yearnet €-8k

Net result drops to €-8k, the lowest in the series; recovery starts the following year.

10-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

25-06

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

31-12

Financial Highest result since 2018net €7k ▲265%

Operating result €8k, net result €7k, both a record.

31-12

Financial Liquidity quadruplescurrent ratio 99.40

Current ratio from 26.59 to 99.40; short-term debt falls from €844 to €225.

30-06

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

31-12

Financial Back to profitnet €2k

Net result €2k after one loss-making year.

31-12

Financial Liquidity quadruplescurrent ratio 26.59

Current ratio from 6.13 to 26.59; short-term debt falls from €4k to €844.

28-06

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

28-06

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

27-06

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2024

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

06-08-2024 Tan Maihwa Dewijanti Diana: Resigned as Director

06-08-2024 Tedjo Sukmono Jeffrey Jayakusuma The Tjing Kioe: Resigned as Director

Location & real-estate footprint

Registered office, Wommelgem · 1 establishment unit since 2003

establishment The establishment unit on the map

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.

Autolei 2172160 Wommelgem

Ground area

745 m²

Building footprint

360 m²