COLE K
ActiveCOLE K has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 11323 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▲+15
Solvency37=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.24 in 2024; short-term debt: 73.1% and cash: 8.6% of total assets), and 87.8% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €11k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
8 d early
2023
1 d early
2022
on the day
2021
3 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k▲ 58.5%
2024 · €7k
2019: €-19k
2020: €-8k
2021: €-7k
2022: €-6k
2023: €7k
2024: €7k
2019 → 2025
Total assets
€93k▲ 62.3%
2024 · €57k
2019: €34k
2020: €35k
2021: €24k
2022: €34k
2023: €47k
2024: €57k
2019 → 2025
Net result
€4k▲ 3,408%
2024 · €119
2019: €-11k
2020: €11k
2021: €2k
2022: €717
2023: €13k
2024: €119
2019 → 2025
Working capital
€25k▲ 125%
2024 · €11k
2019: €-4k
2020: €10k
2021: €9k
2022: €5k
2023: €15k
2024: €11k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-7k-€-6k▲ 10.8%€7k€7k▲ 1.7%€11k▲ 58.5%
Operating result€5k-€4k▼ 16.5%€20k▲ 351%€3k▼ 86.7%€9k▲ 236%
Net result€2k-€717▼ 58.2%€13k▲ 1,697%€119▼ 99.1%€4k▲ 3,408%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 236% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€244▼ 53.5%
Current assets
€92k▲ 63.4%
Equity and liabilities €93k
Equity
€11k▲ 58.5%
Debt
€81k▲ 62.9%
The debt ratio rises from 87.5% to 87.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▲
2024 · €3k
Cash flow
€4k▲
2024 · €400
Solvency
12.2%▼
2024 · 12.5%
Current ratio
1.37▲
2024 · 1.24
Quick ratio
1.37▲
2024 · 1.24
Debt / equity
7.21▲
2024 · 7.02
ROE
36.9%▲
2024 · 1.7%
ROA
4.5%▲
2024 · 0.2%
Interest coverage
2.77▲
2024 · 1.60
Debt
€81k▲
2024 · €50k
Debt ≤ 1 year
€68k▲
2024 · €46k
Debt > 1 year
€13k▲
2024 · €4k
Income taxes
€3k▲
2024 · €2k
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€57k€93k▲
Fixed assets21/28€525€244▼
Tangible fixed assets22/27€525€244▼
Plant, machinery and equipment23€525€244▼
Current assets29/58€56k€92k▲
Amounts receivable after more than one year29€9k€9k=
Other amounts receivable291€9k€9k=
Amounts receivable within one year40/41€43k€71k▲
Trade receivables40€20k€40k▲
Other amounts receivable41€23k€32k▲
Cash at bank and in hand54/58€2k€8k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€57k€93k▲
Equity10/15€7k€11k▲
Contributions10/11€12k€12k=
Reserves13€2k€6k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€6k▲
Profit (loss) carried forward14€-7k€-7k=
Amounts payable17/49€50k€81k▲
Amounts payable after more than one year17€4k€13k▲
Financial debts170/4€4k€13k▲
Amounts payable within one year42/48€46k€68k▲
Current portion of amounts payable after more than one year42€4k€2k▼
Financial debts43€2k€0▼
Credit institutions430/8€2k€0▼
Trade debts44€30k€37k▲
Suppliers440/4€30k€37k▲
Taxes, remuneration and social security45€9k€28k▲
Taxes450/3€9k€28k▲
Accrued charges and deferred income492/3€250€250=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€281€281=
Other operating charges640/8€2k€3k▲
Gross operating margin9900€5k€12k▲
Operating profit (loss)9901€3k€9k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€2k€7k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€119€4k▲
Profit (loss) for the period to be appropriated9905€119€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-3k▲
Profit (loss) brought forward from the previous period14P€-7k€-7k▲
Transfer to equity691/2-€4k
To other reserves6921-€4k
The notes to these accounts (8 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
31-08
State Gazette act
Registered officeRegistered-office move1 fact ▸
State Gazette act
Registered office
Registered-office move1 fact ▸
- Registered-office move, Mertens en Torfsstraat 1/401 2018 Antwerpen
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €13k ▲1697%
Operating result €20k, net result €13k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2008
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.
Mertens en Torfsstraat 1/4012018 AntwerpenGround area
207 m²
Building footprint
190 m²
Volume, LiDAR
3,432 m³
Parcel 11810K2754/00B004, Flanders · tallest building 20.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Arterior
since 20082.175.801.357
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K2754/00B004 | Flanders | 207 m² | 1 · 189 m² | 19.9 m · 6 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.
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BeBamboo
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PAINT @ BVBA
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LHONNEUX DECORATION
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Of 1,137 companies in sector 46130 we hold annual accounts for 646. 305 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-12-2008
Fiscal year end30-06
Activities, NACEBEL
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.