COCOON SERVICES
ActiveSummary
COCOON SERVICES has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €85k and a net result of €-8k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 28% of 691 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability65▼-23
Solvency41▼-2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.81 in 2023; short-term debt: 77% and cash: 13.6% of total assets), and 83.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Sector 87
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · 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 2024Solvency, return and age of the figures
Solvency
16.2%
Return on assets
-1.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 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
not confirmed
2024
89 d late
2023
61 d late
2022
92 d late
2021
92 d late
2020
122 d late
2019
153 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-8k
2023 · €82k
2018: €72k
2019: €83k
2020: €89k
2021: €68k
2022: €104k
2023: €82k
2018 → 2024
Working capital
€-80k▼ 3.5%
2023 · €-77k
2018: €-147k
2019: €-138k
2020: €-111k
2021: €-102k
2022: €-53k
2023: €-77k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€95k-€94k▼ 1.5%€94k▲ 0.1%€94k=€85k▼ 9.1%
Operating result€122k-€97k▼ 20.9%€140k▲ 45.1%€113k▼ 19.5%€-3k
Net result€89k-€68k▼ 23.6%€104k▲ 53.9%€82k▼ 21.3%€-8k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3k after €113k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €527k
Fixed assets
€201k ▲ 1.6%
Current assets
€325k ▼ 0.4%
Equity and liabilities €527k
Equity
€85k ▼ 9.1%
Debt
€441k ▲ 2.4%
Debt's share of the balance-sheet total rises from 82.2% to 83.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€35k▼
2023 · €149k
Cash flow
€29k▼
2023 · €118k
Current ratio
0.80▼
2023 · 0.81
Debt to equity
5.19▲
2023 · 4.61
ROE
-10.0%▼
2023 · 87.5%
ROA
-1.6%▼
2023 · 15.6%
Interest coverage
5.73▼
2023 · 39.23
Debt ≤ 1 year
€405k▲
2023 · €404k
Debt > 1 year
€36k▲
2023 · €27k
Staff costs
€847k▲
2023 · €823k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€525k€527k▲
Fixed assets21/28€198k€201k▲
Tangible fixed assets22/27€198k€201k▲
Land and buildings22€195k€160k▼
Plant, machinery and equipment23€4k€28k▲
Furniture and vehicles24-€13k
Current assets29/58€326k€325k▼
Amounts receivable after more than one year29€13k€13k=
Other amounts receivable291€13k€13k=
Amounts receivable within one year40/41€232k€177k▼
Trade receivables40€232k€152k▼
Other amounts receivable41-€25k
Cash at bank and in hand54/58€33k€72k▲
Deferred charges and accrued income490/1€48k€64k▲
Equity and liabilities
Total equity and liabilities10/49€525k€527k▲
Equity10/15€94k€85k▼
Contributions10/11€74k€74k=
Reserves13€19k€11k▼
Tax-exempt reserves132€10k€10k=
Distributable reserves133€9k€736▼
Amounts payable17/49€431k€441k▲
Amounts payable after more than one year17€27k€36k▲
Financial debts170/4€27k€36k▲
Amounts payable within one year42/48€404k€405k▲
Current portion of amounts payable after more than one year42€24k€74k▲
Trade debts44€131k€148k▲
Suppliers440/4€131k€148k▲
Taxes, remuneration and social security45€157k€155k▼
Taxes450/3€12k€2k▼
Remuneration and social security454/9€144k€153k▲
Other amounts payable47/48€92k€29k▼
Income statement
Code20232024
Non-recurring operating income76A€64k-
Remuneration, social security and pensions62€823k€847k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€38k▲
Other operating charges640/8€12k€12k▲
Gross operating margin9900€984k€894k▼
Operating profit (loss)9901€113k€-3k▼
Financial income75/76B€2€323▲
Recurring financial income75€2€323▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€109k€-8k▼
Income taxes67/77€27k-
Profit (loss) for the period9904€82k€-8k▼
Profit (loss) for the period to be appropriated9905€82k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82k€-8k▼
Transfer from equity791/2-€8k
Profit to be distributed694/7€82k-
Return on contributions (dividend)694€82k-
Social balance
Average headcount (FTE)908712.413.1▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 89 days late
2024
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 92 days late
2022
31-12
Financial
Highest result since 2018net €104k ▲53.9%
Operating result €140k, net result €104k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 92 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 122 days late
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 153 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 92 days late
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 150 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 152 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Montigny-le-Tilleul · 1 establishment unit since 1991
Ground area
2,046 m²
Building footprint
387 m²
Volume, LiDAR
3,399 m³
Parcel 52048D0004/00D000, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Résidence Cocoon
since 19912.053.935.606
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52048D0004/00D000 | Wallonia | 2,046 m² | 1 · 387 m² | 11.1 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMontigny-le-Tilleul2.053.935.606
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Of 601 companies in sector 87301 we hold annual accounts for 493. 202 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-08-1991
Fiscal year end31-12
Activities, NACEBEL 2025
87301Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.