Cobalt Blue
A bankruptcy procedure is open for Cobalt Blue according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-93k) and a net result of €-198k.
| Equity | €-93k |
| Net result | €-198k |
| Staff (FTE) | 5 |
| Better than sector | 7% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -33.3% | 40.1% | |
| Net result | €-198k | €15k | |
| Equity | €-93k | €35k | |
| Gross operating margin | €244k | €37k | |
| Staff costs | €405k | €12k |
Show 11 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-162k |
| Net profit | €-198k |
| Cash flow | €-184k |
| Staff costs | €405k |
| Income taxes | €-674 |
| Dividends | - |
| Total assets | €278k |
| Equity | €-93k |
| Debt | €370k |
| of which ≤ 1y | €341k |
| of which > 1y | €29k |
| Working capital | €-113k |
| Employees (FTE) | 5.0 |
| 2023 | |
|---|---|
| Current ratio | 0.67 |
| Quick ratio | 0.66 |
| Working capital ratio | -40.7% |
| Solvency | -33.3% |
| Debt / equity | -4.00 |
| Long-term debt ratio | -0.32 |
| Interest coverage | -7.37 |
| Gross margin | - |
| Net margin | - |
| ROA | -71.4% |
| ROE | 214.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €278k |
| Fixed assets | 21/28 | €50k |
| Tangible fixed assets | 22/27 | €34k |
| Financial fixed assets | 28 | €16k |
| Current assets | 29/58 | €228k |
| Stocks & contracts in progress | 3 | €3k |
| Amounts receivable within one year | 40/41 | €195k |
| Cash & bank | 54/58 | €11k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €278k |
| Equity | 10/15 | €-93k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-113k |
| Amounts payable | 17/49 | €370k |
| Amounts payable after one year | 17 | €29k |
| Amounts payable within one year | 42/48 | €341k |
| Trade debts payable within one year | 44 | €144k |
| Income statement | ||
| Gross operating margin | 9900 | €244k |
| Operating result | 9901 | €-177k |
| Financial income | 75 | €249 |
| Financial charges | 65 | €22k |
| Result before taxes | 9903 | €-199k |
| Income taxes | 67/77 | €-674 |
| Net result for the period | 9904 | €-198k |
| Result to be appropriated | 9905 | €-198k |
Former directors (1)
-
IATROU, Constantin MenelasDirectorState Gazette act 24320713 (11-01-2024)Former- → 11-01-2024
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | DANIëL VAN INGELGHEM AMERIKALEI 160,
2000 ANTWERPEN 1 |
08-04-2025 → present | Belgian State Gazette |
| NACE primary | Reparatie en onderhoud van civiele schepen(33150) |
| Legal form | Private limited company(610) |
| Incorporation | 06-03-2002 |
| Status | Active |
| Postal code | 2960 |
| First BS signal | 15-04-2025 |
| Latest BS signal | 15-04-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0680/00K000 | Flanders | 1.6 ha | 1 · 1,317 m² | 14.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-01-2024 1 resigning, 1 reappointed
- IATROU, Constantin Menelas, Bestuurder
- IATROU, Constantin Menelas, Niet-statutair bestuurder
Technical details
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}| Legal nameNL | Cobalt Blue |