COWIMMO
ActiveCOWIMMO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128k and a net result of €34k. Equity is growing by ~49.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+32
Solvency26▲+14
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.3 in 2024), and 75.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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
24.8%
Return on assets
6.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
28 d late
2023
20 d late
2022
11 d late
2021
2 d late
2020
25 d late
2019
3 d early
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€34k▲ 162%
2024 · €13k
2018: €12k
2019: €16k
2020: €19k
2021: €46k
2022: €39k
2023: €29k
2024: €13k
2018 → 2025
Working capital
€-143k▲ 22.7%
2024 · €-185k
2018: €-375k
2019: €-343k
2020: €-330k
2021: €-300k
2022: €-243k
2023: €-207k
2024: €-185k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14k-€53k▲ 276%€82k▲ 54.7%€95k▲ 15.8%€128k▲ 35.8%
Operating result€50k-€43k▼ 13.4%€33k▼ 23.5%€18k▼ 47.1%€39k▲ 119%
Net result€46k-€39k▼ 15.1%€29k▼ 25.5%€13k▼ 55.3%€34k▲ 162%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 119% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €518k
Fixed assets
€414k▼ 5.3%
Current assets
€104k▲ 32.3%
Equity and liabilities €518k
Equity
€128k▲ 35.8%
Debt
€389k▼ 7.5%
The debt ratio falls from 81.6% to 75.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€62k▲
2024 · €41k
Cash flow
€57k▲
2024 · €37k
Solvency
24.8%▲
2024 · 18.4%
Current ratio
0.42▲
2024 · 0.30
Quick ratio
0.42▲
2024 · 0.30
Debt / equity
3.03▼
2024 · 4.45
ROE
26.3%▲
2024 · 13.6%
ROA
6.5%▲
2024 · 2.5%
Interest coverage
12.72▲
2024 · 8.91
Debt
€389k▼
2024 · €421k
Debt ≤ 1 year
€247k▼
2024 · €264k
Debt > 1 year
€142k▼
2024 · €157k
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€515k€518k▲
Fixed assets21/28€437k€414k▼
Tangible fixed assets22/27€437k€414k▼
Land and buildings22€354k€343k▼
Plant, machinery and equipment23€82k€71k▼
Financial fixed assets28€250€250=
Current assets29/58€78k€104k▲
Cash at bank and in hand54/58€78k€103k▲
Deferred charges and accrued income490/1€650€650=
Equity and liabilities
Total equity and liabilities10/49€515k€518k▲
Equity10/15€95k€128k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Revaluation surpluses12€269k€269k=
Profit (loss) carried forward14€-193k€-159k▲
Amounts payable17/49€421k€389k▼
Amounts payable after more than one year17€157k€142k▼
Financial debts170/4€157k€142k▼
Amounts payable within one year42/48€264k€247k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Other amounts payable47/48€244k€230k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€23k▼
Other operating charges640/8€8k€9k▲
Gross operating margin9900€49k€71k▲
Operating profit (loss)9901€18k€39k▲
Financial income75/76B€1€185▲
Recurring financial income75€1€185▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€13k€34k▲
Profit (loss) for the period9904€13k€34k▲
Profit (loss) for the period to be appropriated9905€13k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-193k€-159k▲
Profit (loss) brought forward from the previous period14P€-206k€-193k▲
The notes to these accounts (6 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
31-12
Financial
Equity above €100kEq €128k ▲35.8%
8 profitable years in a row build equity to €128k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-12
Financial
Highest result since 2018net €46k ▲145%
Operating result €50k, net result €46k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-06
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
2 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, Tournai · 1 establishment unit since 2007
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.
Chaussée de Lille(OR) 4797501 TournaiGround area
2,091 m²
Building footprint
263 m²
Volume, LiDAR
699 m³
2 parcels, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COWIMMO
since 20072.166.756.801
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57059A0093/00F000 | Wallonia | 1,514 m² | 1 · 125 m² | - |
| 57060A0261/00N000 | Wallonia | 577 m² | 1 · 138 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
6 connected companiesNetwork connections
Shared address
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Shared address
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Shared address
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Shared address
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Show 2 more network connections
Shared address
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Shared address
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Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-2007
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.