Active BE 0870.907.768Private limited company (pre-2019)

COLMAS

Torhoutse Steenweg 525 ·8200 Brugge, Belgium· 21 yrs active

Sector: Business and other management consultancy (70200)

Conclusion Checked

COLMAS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €203k and a net result of €41k. Its solvency ranks better than 78% of 12490 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€203k
Net result	€41k
Better than sector	78%
Active	21 yrs

Financial profile 5 of 5 axes measured · computed by Checked

96 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 100

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.1% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 2004, 21 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€20k

estimate, not credit advice

Score history

93 2023

100 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 3.85 (≥ 1.5) +10

Quick ratio Quick ratio 3.85 (≥ 1.0) +5

Leverage Debt/equity 0.27 (< 1.0) +10

Profitability ROE 20% (≥ 10%) +10

Interest coverage Interest coverage 77.3× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview19 NBB filings

Annual accounts filed on 30-04-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	78.6%	60.5%	better than 78% of 12490 sector peers
Net result	€41k	€31k	better than 59% of 12492 sector peers
Equity	€203k	€63k	better than 85% of 12498 sector peers
Gross operating margin	€67k	€52k	better than 60% of 12477 sector peers
Total assets	€258k	€124k	better than 75% of 12491 sector peers

EBITDA

€62k

+7.7% 23-24

Net profit

€41k

+10.1% 23-24

Cash flow

€42k

+4.4% 23-24

Total assets

€258k

+17.0% 23-24

Equity

€203k

+25.2% 23-24

Working capital

€111k

+41.2% 23-24

Income taxes

€20k

+17.0% 23-24

Dividends

€0

-100.0% 23-24

Debt

€55k

-5.9% 23-24

Debt ≤ 1y

€39k

+20.4% 23-24

Debt > 1y

€16k

-38.4% 23-24

Current ratio

3.85

+12.3% 23-24

Quick ratio

3.85

+12.3% 23-24

Solvency

78.6%

+7.1% 23-24

Debt / equity

0.27

-24.8% 23-24

ROE

20.1%

-12.1% 23-24

ROA

15.8%

-5.9% 23-24

Interest coverage

77.26

-34.6% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023
Deposit	micro schema	micro schema
Revenue	-	-
EBITDA	€62k	€58k
Net profit	€41k	€37k
Cash flow	€42k	€41k
Staff costs	-	-
Income taxes	€20k	€17k
Dividends	€0	€7k
Total assets	€258k	€221k
Equity	€203k	€162k
Debt	€55k	€59k
of which ≤ 1y	€39k	€32k
of which > 1y	€16k	€26k
Working capital	€111k	€79k
Employees (FTE)	-	-

Ratios (computed)

	2024	2023
Current ratio	3.85	3.43
Quick ratio	3.85	3.43
Working capital ratio	43.0%	35.6%
Solvency	78.6%	73.5%
Debt / equity	0.27	0.36
Long-term debt ratio	0.08	0.16
Interest coverage	77.26	118.21
Gross margin	-	-
Net margin	-	-
ROA	15.8%	16.8%
ROE	20.1%	22.9%
EBITDA margin	-	-
Days sales outstanding	-	-
Days payable outstanding	-	-
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2024

Assets

Fixed assets €108k · 41.9% Current assets €150k · 58.1%

Equity & liabilities

Equity €203k · 78.7% Debt €55k · 21.4%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€258k	€221k
Fixed assets	21/28	€108k	€110k
Tangible fixed assets	22/27	€108k	€110k
Current assets	29/58	€150k	€111k
Amounts receivable within one year	40/41	€76k	€22k
Cash & bank	54/58	€73k	€87k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€258k	€221k
Equity	10/15	€203k	€162k
Contributions / capital	10/11	€6k	€6k
Reserves	13	€111k	€70k
Accumulated profits (losses)	14	€86k	€86k
Amounts payable	17/49	€55k	€59k
Amounts payable after one year	17	€16k	€26k
Amounts payable within one year	42/48	€39k	€32k
Trade debts payable within one year	44	€2k	€2k
Income statement
Gross operating margin	9900	€67k	€62k
Operating result	9901	€61k	€54k
Financial income	75	€1k	€535
Financial charges	65	€807	€490
Result before taxes	9903	€61k	€54k
Income taxes	67/77	€20k	€17k
Net result for the period	9904	€41k	€37k
Result to be appropriated	9905	€41k	€37k

Legal Structure

NACE primary	Business and other management consultancy(70200)
Legal form	Private limited company (pre-2019)(015)
Incorporation	29-12-2004
Status	Active
Postal code	8200

Establishment units 1 location

COLMAS

Torhoutse Steenweg 525, 8200 BruggeNACE 70120

since 20072.165.131.555

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31030A0603/00B003	Flanders	1,368 m²	1 · 173 m²	10.0 m · 2 fl.

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.

Updates 10 events

All 11Financial 1Filings 10

2025

30-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-09

Financial Equity above €200kEq €203k ▲25.2%

2 profitable years in a row build equity to €203k.

30-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-03

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

27-04

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

19-03

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

03-06

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 34 days late

2019

02-04

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

05-04

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

18-04

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2016

14-04

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Business and other management consultancy70200Business consulting7022074142Retail sale of information and communication equipment47400Retail trade4741052487IT consultancy62020Computer consultancy and computer facilities management62200Holdings64200Activities of holding companies642107210074151

Names & trade names

Legal nameNL

COLMAS

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