CO-FIX
ActiveThe computed 12-month bankruptcy probability of CO-FIX is 2.1% (moderate). The 2025 annual accounts show equity of €25k and a net result of €15k. Its solvency ranks better than 38% of 1305 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▼-5
Solvency60▲+2
Growth78
Track record82
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.83 against 1.15 in 2024; short-term debt: 65.2% and cash: 21.3% of total assets), and 65.2% of the assets are financed with debt.
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
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
34.8%
Return on assets
21.1%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
25 d early
2024
29 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▲ 155%
2024 · €10k
2024: €10k
2024 → 2025
Total assets
€71k▲ 146%
2024 · €29k
2024: €29k
2024 → 2025
Net result
€15k▲ 58.3%
2024 · €9k
2024: €9k
2024 → 2025
Working capital
€-8k
2024 · €3k
2024: €3k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€10k-€25k▲ 155%
Operating result€12k-€22k▲ 82.0%
Net result€9k-€15k▲ 58.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 82% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€32k▲ 456%
Current assets
€38k▲ 73.6%
Equity and liabilities €71k
Equity
€25k▲ 155%
Debt
€46k▲ 141%
The debt ratio falls from 66.5% to 65.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▲
2024 · €14k
Cash flow
€22k▲
2024 · €11k
Solvency
34.8%▲
2024 · 33.5%
Current ratio
0.83▼
2024 · 1.15
Quick ratio
0.83▼
2024 · 1.15
Debt / equity
1.88▼
2024 · 1.99
ROE
60.8%▼
2024 · 97.9%
ROA
21.1%▼
2024 · 32.8%
Interest coverage
12.29▼
2024 · 155.97
Debt
€46k▲
2024 · €19k
Debt ≤ 1 year
€46k▲
2024 · €19k
Income taxes
€4k▲
2024 · €2k
Staff costs
€0▼
2024 · €395
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€29k€71k▲
Formation expenses20€878€0▼
Fixed assets21/28€6k€32k▲
Tangible fixed assets22/27€6k€32k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€2k€29k▲
Current assets29/58€22k€38k▲
Amounts receivable within one year40/41€11k€21k▲
Trade receivables40€11k€21k▲
Other amounts receivable41-€21
Cash at bank and in hand54/58€9k€15k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€29k€71k▲
Equity10/15€10k€25k▲
Contributions10/11€200€200=
Reserves13€9k€24k▲
Distributable reserves133€9k€24k▲
Amounts payable17/49€19k€46k▲
Amounts payable within one year42/48€19k€46k▲
Trade debts44€3k€317▼
Suppliers440/4€3k€317▼
Taxes, remuneration and social security45€7k€10k▲
Taxes450/3€7k€10k▲
Other amounts payable47/48€10k€36k▲
Income statement
Code20242025
Remuneration, social security and pensions62€395€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€7k▲
Other operating charges640/8€484€1k▲
Gross operating margin9900€14k€30k▲
Operating profit (loss)9901€12k€22k▲
Financial charges65/66B€87€2k▲
Recurring financial charges65€87€2k▲
Profit (loss) for the period before taxes9903€12k€19k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€9k€15k▲
Profit (loss) for the period to be appropriated9905€9k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€15k▲
Transfer to equity691/2€9k€15k▲
To other reserves6921€9k€15k▲
The notes to these accounts (5 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Ledegem · 1 establishment unit since 2024
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.
Kleine Izegemsestraat 178880 LedegemGround area
479 m²
Building footprint
101 m²
Volume, LiDAR
501 m³
Parcel 36018A0075/00D000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CO-FIX
since 20242.360.682.169
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36018A0075/00D000 | Flanders | 479 m² | 1 · 101 m² | 7.9 m · 2 fl. |
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
2024 · 1 entry · 119 EUR awarded · 119 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 119 EUR | 119 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 910 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-06-2024
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.