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CO-NET

Active
Private limited companyfounded 2020active for 5 yearsBijlokehof 31, 9000 Gent, BelgiumKBO/BCE: BE 0756.997.007
Summary

CO-NET has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189,823 and a net result of €96,721. Its solvency ranks better than 32% of 9,585 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Other business support services
NACE 82990
1 site
Size
€527,543turnover 2025
Equity
€189,823
Profit
€96,721
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
  • CHRISTIAENS Olivier Thierry Jean-BaptisteManager
Accounts 9 days early2 of 3 deeds read
Why 81raises riskLiquidity: current ratio 0.29, cash €9,651Figures for financial year 2025 (filed 22-10-2025)lowers riskSector: Office administrative, office support and other business support activities (NACE 82)Size: turnover €527,543, total assets €695,523Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 44% of its sector peers (NACE 82, micro)
Financial strength
Strong
Solvency 52
equity 27.3% of total assets
Liquidity 49
short-term debt 15.1% · cash 1.4%
Profitability 91
return on assets 13.9%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,637 companies, NACE 82, micro)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025highest value 05-2025: 1.1%● unchanged vs 04-2025highest value 06-2025: 1.1%● unchanged vs 05-2025highest value 07-2025: 1.1%● unchanged vs 06-2025highest value 08-2025: 1.1%● unchanged vs 07-2025highest value 09-2025: 1.1%● unchanged vs 08-2025highest value 10-2025: 1.1%● unchanged vs 09-2025highest value 11-2025: 0.2%▼ -0.9 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.29, below 1; short-term debt: 15.1% and cash: 1.4% of total assets), and 72.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 82, micro): better than 33% on solvency, 33% on liquidity and 65% on profitability.

The bankruptcy probability was computed on 18-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Liquidity: current ratio 0.29, cash €9,651
NBB · annual accounts
lowers risk · Size: turnover €527,543, total assets €695,523
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed 22-10-2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-10-2025, 9 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
9 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Yves Christiaens (director)Gazette deed
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Purpose · Amendment of the articles…Resignation: CHRISTIAENS Olivier Thierry Jean-Baptiste…

Key points

  • Positive: Among the best 10% on net resultsector median €16,338 · 9,581 companies €96,721 View
  • One director decidessole director in office 1 View
  • Turnover 2025first financial year filed €527,543 View

By topic

Financials

Financial year
2025
Turnover
€527,543
Profit
€96,721
Solvency
27.3%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Other business support servicesNACE 82990
Founded
26-10-2020
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Annual meeting
Last Saturday of September at 10:00
Purpose
“Het verlenen van bijstand,advies inzake projecten op het gebied van…” (deed in Dutch)
Go to Articles of association

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