COMEX
ActiveSummary
COMEX has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €260k and a net result of €50k. Equity is growing by ~61.2% per year across the filed fiscal years. Its solvency ranks better than 57% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-19
Solvency76▲+10
Growth78=
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 1.36 in 2024; short-term debt: 30.2% and cash: 11% of total assets), and 48.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.5%
Return on assets
9.9%
Age of the figures
9 mo
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
25 d early
2024
51 d early
2023
36 d early
2022
70 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€260k▲ 23.9%
2024 · €210k
2022: €25k
2023: €69k
2024: €210k
2022 → 2025
Total assets
€505k▼ 0.9%
2024 · €510k
2022: €570k
2023: €651k
2024: €510k
2022 → 2025
Net result
€50k▼ 64.3%
2024 · €141k
2022: €-155k
2023: €44k
2024: €141k
2022 → 2025
Working capital
€167k▲ 128%
2024 · €73k
2022: €-276k
2023: €-84k
2024: €73k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€25k-€69k▲ 175%€210k▲ 204%€260k▲ 23.9%
Operating result€-149k-€55k€149k▲ 172%€61k▼ 58.9%
Net result€-155k-€44k€141k▲ 220%€50k▼ 64.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €505k
Fixed assets
€186k ▼ 19.7%
Current assets
€319k ▲ 14.8%
Equity and liabilities €505k
Equity
€260k ▲ 23.9%
Debt
€245k ▼ 18.2%
Debt's share of the balance-sheet total falls from 58.8% to 48.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€151k▼
2024 · €236k
Cash flow
€140k▼
2024 · €227k
Current ratio
2.09▲
2024 · 1.36
Quick ratio
1.85▲
2024 · 1.17
Debt to equity
0.94▼
2024 · 1.43
ROE
19.3%▼
2024 · 67.1%
ROA
9.9%▼
2024 · 27.6%
Interest coverage
40.24▲
2024 · 26.58
Debt ≤ 1 year
€153k▼
2024 · €205k
Debt > 1 year
€29k▼
2024 · €32k
Income taxes
€8k
Staff costs
€335k▲
2024 · €320k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€510k€505k▼
Fixed assets21/28€232k€186k▼
Intangible fixed assets21€792€326▼
Tangible fixed assets22/27€231k€186k▼
Plant, machinery and equipment23€103k€51k▼
Furniture and vehicles24-€41k
Leasing and similar rights25€55k€31k▼
Other tangible fixed assets26€72k€62k▼
Current assets29/58€278k€319k▲
Stocks and contracts in progress3€38k€37k▼
Stocks30/36€38k€37k▼
Amounts receivable within one year40/41€178k€218k▲
Trade receivables40€170k€201k▲
Other amounts receivable41€8k€17k▲
Cash at bank and in hand54/58€58k€55k▼
Deferred charges and accrued income490/1€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€510k€505k▼
Equity10/15€210k€260k▲
Contributions10/11€180k€180k=
Profit (loss) carried forward14€30k€80k▲
Amounts payable17/49€300k€245k▼
Amounts payable after more than one year17€32k€29k▼
Financial debts170/4€32k€29k▼
Amounts payable within one year42/48€205k€153k▼
Current portion of amounts payable after more than one year42€24k€38k▲
Financial debts43€40k€0▼
Credit institutions430/8€40k€0▼
Trade debts44€44k€72k▲
Suppliers440/4€44k€72k▲
Taxes, remuneration and social security45€96k€42k▼
Taxes450/3€35k€13k▼
Remuneration and social security454/9€61k€29k▼
Other amounts payable47/48€0€345▲
Accrued charges and deferred income492/3€63k€63k▲
Income statement
Code20242025
Remuneration, social security and pensions62€320k€335k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€90k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€141€943▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€556k€489k▼
Operating profit (loss)9901€149k€61k▼
Financial income75/76B€418€166▼
Recurring financial income75€418€166▼
Financial charges65/66B€9k€4k▼
Recurring financial charges65€9k€4k▼
Profit (loss) for the period before taxes9903€141k€58k▼
Income taxes67/77-€8k
Profit (loss) for the period9904€141k€50k▼
Profit (loss) for the period to be appropriated9905€141k€50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€80k▲
Profit (loss) brought forward from the previous period14P€-111k€30k▲
Social balance
Average headcount (FTE)90876.97.3▲
The notes to these accounts (14 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2022net €141k ▲220%
Operating result €149k, net result €141k, both a record.
31-12
Financial
Equity above €200kEq €210k ▲204%
2 profitable years in a row build equity to €210k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2021
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.
Kortrijksesteenweg 11699051 GentGround area
800 m²
Building footprint
401 m²
Volume, LiDAR
2,281 m³
Parcel 44062C0115/00B000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COMEX
since 20212.323.557.202
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062C0115/00B000 | Flanders | 800 m² | 1 · 401 m² | 6.6 m · 2 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 siteGent2.323.557.202
Similar companies · same sector, comparable size
VANDENBOSSCHE
BE 0439.025.364
Izegem · Eq €260k
WOELS
BE 0682.569.796
Lichtervelde · Eq €262k
DISTRIPORC
BE 0453.073.241
Sint-Martens-Latem · Eq €257k
MEVLANA
BE 0450.880.051
Antwerpen · Eq €256k
DELIFLANDERS
BE 0475.174.789
Beernem · Eq €255k
Of 756 companies in sector 46321 we hold annual accounts for 551. 406 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
Founded18-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
10111Manufacture of food products
46321Wholesale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.