Checked.be
Active
BE 0736.778.742Private limited company
COMPOLAM
Abrikozenstraat 8 ·9820 Merelbeke-Melle, Belgium· 6 yrs active
Sector: Manufacture of paper and paper products
(17120)
Conclusion
COMPOLAM has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €228k and a net result of €46k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 36 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €228k |
| Net result | €46k |
| Better than sector | 91% |
| Active | 6 yrs |
Financial profile
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)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
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
100
/ 100
Excellent
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
€23k
estimate, not credit advice
Score history
86
2023
94
2024
100
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 7.26 (≥ 1.5)
+10
Quick ratio
Quick ratio 3.46 (≥ 1.0)
+5
Leverage
Debt/equity 0.14 (< 1.0)
+10
Profitability
ROE 20% (≥ 10%)
+10
Interest coverage
Interest coverage 13.7× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 27-03-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~16.4%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 17, Manufacture of paper and paper products · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 87.4% | 42.2% | |
| Net result | €46k | €6k | |
| Equity | €228k | €97k | |
| Gross operating margin | €85k | €43k | |
| Total assets | €261k | €232k |
€84k
+117.2%
23-25
€46k
+244.3%
23-25
€66k
+87.9%
23-25
€261k
+23.0%
23-25
€228k
+25.5%
23-25
€192k
+45.4%
23-25
€0
-100.0%
23-25
€15k
+1285.1%
23-25
€33k
+8.3%
23-25
€31k
+6.5%
23-25
7.26
+30.0%
23-25
3.46
+120.6%
23-25
87.4%
+2.0%
23-25
0.14
-13.7%
23-25
20.3%
+174.3%
23-25
17.7%
+179.8%
23-25
13.67
+36.6%
23-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €84k | €39k | €26k |
| Net profit | €46k | €13k | €5k |
| Cash flow | €66k | €35k | €24k |
| Staff costs | - | €0 | €24 |
| Income taxes | €15k | €1k | €265 |
| Dividends | - | - | - |
| Total assets | €261k | €212k | €211k |
| Equity | €228k | €181k | €168k |
| Debt | €33k | €30k | €43k |
| of which ≤ 1y | €31k | €29k | €43k |
| of which > 1y | - | - | - |
| Working capital | €192k | €132k | €110k |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 7.26 | 5.59 | 3.57 |
| Quick ratio | 3.46 | 1.57 | 1.76 |
| Working capital ratio | 73.7% | 62.4% | 52.1% |
| Solvency | 87.4% | 85.7% | 79.5% |
| Debt / equity | 0.14 | 0.17 | 0.26 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 13.67 | 10.01 | 9.19 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 17.7% | 6.3% | 2.2% |
| ROE | 20.3% | 7.4% | 2.8% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €261k | €212k | €211k |
| Fixed assets | 21/28 | €38k | €51k | €59k |
| Intangible fixed assets | 21 | €38k | €50k | €53k |
| Tangible fixed assets | 22/27 | €164 | €1k | €5k |
| Current assets | 29/58 | €223k | €161k | €153k |
| Stocks & contracts in progress | 3 | €117k | €116k | €77k |
| Amounts receivable within one year | 40/41 | €8k | €14k | €28k |
| Cash & bank | 54/58 | €98k | €31k | €33k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €261k | €212k | €211k |
| Equity | 10/15 | €228k | €181k | €168k |
| Contributions / capital | 10/11 | €100k | €100k | €100k |
| Reserves | 13 | €128k | €81k | €68k |
| Amounts payable | 17/49 | €33k | €30k | €43k |
| Amounts payable within one year | 42/48 | €31k | €29k | €43k |
| Trade debts payable within one year | 44 | €4k | €5k | €22k |
| Income statement | ||||
| Gross operating margin | 9900 | €85k | €45k | €26k |
| Operating result | 9901 | €65k | €17k | €6k |
| Financial income | 75 | €3k | €1k | €1k |
| Financial charges | 65 | €6k | €4k | €3k |
| Result before taxes | 9903 | €62k | €15k | €5k |
| Income taxes | 67/77 | €15k | €1k | €265 |
| Net result for the period | 9904 | €46k | €13k | €5k |
| Result to be appropriated | 9905 | €46k | €13k | €5k |
Legal Structure
| NACE primary | Manufacture of paper and paper products(17120) |
| Legal form | Private limited company(610) |
| Incorporation | 25-10-2019 |
| Status | Active |
| Postal code | 9820 |
Establishment units
COMPOLAM
since 20192.295.137.784
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412C0187/00C000 | Flanders | 705 m² | 1 · 202 m² | 6.6 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
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2023net €46k ▲244%
Operating result €65k, net result €46k, both a record.
30-09
Financial
Equity above €200kEq €228k ▲25.5%
3 profitable years in a row build equity to €228k.
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Credit advice
Company registry (CBE)
Activities
Manufacture of paper and paper products17120Manufacture of rubber and plastic products22210Manufacture of rubber and plastic products22260Manufacture of other non-metallic mineral products23650Wholesale trade46869Holdings64200Activities of holding companies64210Other activities auxiliary to financial services, excluding insurance and pension funding66199Activities auxiliary to financial services and insurance activities66300Renting and operating of own or leased residential real estate, excluding social housing68201Renting and operating of own or leased non-residential real estate, excluding land68203Real estate activities68204Business and other management consultancy70200Activities of head offices; management consultancy activities70210Business consulting70220Engineering and related technical consultancy, excluding land surveyors71121Other technical testing and analysis71209Advertising agencies73110Market research and public opinion polling73200Public relations and communication consultancy73300Office administrative and support services82100Office administrative, office support and other business support activities82110Other business support services82990Other education85599
Names & trade names
| Legal nameNL | COMPOLAM |
Similar companies
USINES PELLETIER EN CO
BE 0428.110.092 · Sint-Jans-Molenbeek
Premium Cellulose Insulation Manufacturer
BE 0831.033.642 · Ciney
Mandrinex
BE 0401.077.776 · Kruisem
VERBATEX INTERNATIONAL
BE 0416.412.585 · Kortrijk
APRISYS
BE 0403.488.227 · Anderlecht