CO FOUNDRY
ActiveSummary
CO FOUNDRY has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-727k) and a net result of €-458k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-27
Solvency0▼-13
Growth72=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.0 in 2024; short-term debt: 127.5% and cash: 3.3% of total assets), and equity is negative.
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
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 2025Solvency, return and age of the figures
Solvency
-27.5%
Return on assets
-17.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-727k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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
48 d late
2024
28 d late
2023
64 d late
2022
22 d late
2021
55 d late
2020
19 d late
2019
28 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€17k▲ 977%
2019 · €2k
2018: €8k
2019: €2k▼ -79.1% vs 2018lowest in 3 years
2020: €17k▲ +977% vs 2019highest in 3 years
2018 → 2020
EBIT margin
-1714.7%▲ 25248.9pp
2019 · -26963.6%
2018: -10427.6%
2019: -26963.6%▼ -159% vs 2018lowest in 3 years
2020: -1714.7%▲ +93.6% vs 2019highest in 3 years
2018 → 2020
Net result
€-458k▼ 425%
2024 · €-87k
2018: €-834k
2019: €-842k▼ -1.0% vs 2018lowest in 8 years
2020: €-694k▲ +17.6% vs 2019
2021: €502k▲ +172% vs 2020highest in 8 years
2022: €-84k▼ -117% vs 2021
2023: €-435k▼ -420% vs 2022
2024: €-87k▲ +80.0% vs 2023
2025: €-458k▼ -425% vs 2024
2018 → 2025
Working capital
€-3.24M▼ 33.2%
2024 · €-2.43M
2018: €445khighest in 8 years
2019: €-882k▼ -298% vs 2018
2020: €-3.43M▼ -289% vs 2019lowest in 8 years
2021: €-2.38M▲ +30.7% vs 2020
2022: €-1.81M▲ +24.1% vs 2021
2023: €-2.24M▼ -24.1% vs 2022
2024: €-2.43M▼ -8.5% vs 2023
2025: €-3.24M▼ -33.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€337k-€253k▼ 24.9%€-182k€-269k▼ 47.9%€-727k▼ 170%
2021: €337khighest in 5 years
2022: €253k▼ -24.9% vs 2021
2023: €-182k▼ -172% vs 2022
2024: €-269k▼ -47.9% vs 2023
2025: €-727k▼ -170% vs 2024lowest in 5 years
Operating result€-166k-€-30k▲ 81.8%€-76k▼ 153%€-19k▲ 75.1%€-42k▼ 119%
2021: €-166klowest in 5 years
2022: €-30k▲ +81.8% vs 2021
2023: €-76k▼ -153% vs 2022
2024: €-19k▲ +75.1% vs 2023highest in 5 years
2025: €-42k▼ -119% vs 2024
Net result€502k-€-84k€-435k▼ 420%€-87k▲ 80.0%€-458k▼ 425%
2021: €502khighest in 5 years
2022: €-84k▼ -117% vs 2021
2023: €-435k▼ -420% vs 2022
2024: €-87k▲ +80.0% vs 2023
2025: €-458k▼ -425% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €42k in 2025 against €19k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.64M
Fixed assets
€2.51M ▲ 16.1%
Current assets
€131k ▲ 2,006%
Key figures and ratios
Solvency
-27.5%▼
2024 · -12.4%
Current ratio
0.04▲
2024 · 0.00
Debt to equity
-4.63▲
2024 · -9.05
ROA
-17.3%▼
2024 · -4.0%
Debt
€3.37M▲
2024 · €2.44M
Debt ≤ 1 year
€3.37M▲
2024 · €2.44M
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.17M€2.64M▲
Fixed assets21/28€2.16M€2.51M▲
Financial fixed assets28€2.16M€2.51M▲
Current assets29/58€6k€131k▲
Amounts receivable within one year40/41€2k€2k=
Other amounts receivable41€2k€2k=
Current investments50/53-€41k
Cash at bank and in hand54/58€5k€88k▲
Deferred charges and accrued income490/1-€52
Equity and liabilities
Total equity and liabilities10/49€2.17M€2.64M▲
Equity10/15€-269k€-727k▼
Contributions10/11€3.06M€3.06M=
Capital10€3.06M€3.06M=
Issued capital100€3.06M€3.06M=
Profit (loss) carried forward14€-3.33M€-3.79M▼
Amounts payable17/49€2.44M€3.37M▲
Amounts payable within one year42/48€2.44M€3.37M▲
Trade debts44€37k€69k▲
Suppliers440/4€37k€69k▲
Other amounts payable47/48€2.40M€3.30M▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€17k€40k▲
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€935-
Gross operating margin9900€-17k€-40k▼
Operating profit (loss)9901€-19k€-42k▼
Financial income75/76B€67k-
Recurring financial income75€9k-
Non-recurring financial income76B€58k-
Financial charges65/66B€135k€416k▲
Recurring financial charges65€135k€134k▼
Non-recurring financial charges66B-€282k
Profit (loss) for the period before taxes9903€-87k€-458k▼
Profit (loss) for the period9904€-87k€-458k▼
Profit (loss) for the period to be appropriated9905€-87k€-458k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3.33M€-3.79M▼
Profit (loss) brought forward from the previous period14P€-3.24M€-3.33M▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €76k | €205 | €7k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €218k | €29k | €12k | €17k | €40k | ▲ 142% |
| Remuneration, social security and pensions62 | €116 | €121 | - | - | - | - |
| Other operating charges640/8 | €1k | €1k | €72k | €1k | €1k | ▼ 10.1% |
| Non-recurring operating charges66A | €23k | - | €163 | €935 | - | - |
| Gross operating margin9900 | €-142k | €-29k | €-4k | €-17k | €-40k | ▼ 142% |
| Operating profit (loss)9901 | €-166k | €-30k | €-76k | €-19k | €-42k | ▼ 119% |
| Financial income75/76B | €1.08M | €851k | €72k | €67k | - | - |
| Recurring financial income75 | €29k | €18k | €8k | €9k | - | - |
| Non-recurring financial income76B | €1.05M | €834k | €63k | €58k | - | - |
| Financial charges65/66B | €412k | €905k | €430k | €135k | €416k | ▲ 207% |
| Recurring financial charges65 | €412k | €905k | €122k | €135k | €134k | ▼ 1.0% |
| Non-recurring financial charges66B | - | - | €309k | - | €282k | - |
| Profit (loss) for the period before taxes9903 | €502k | €-84k | €-435k | €-87k | €-458k | ▼ 425% |
| Profit (loss) for the period9904 | €502k | €-84k | €-435k | €-87k | €-458k | ▼ 425% |
| Profit (loss) for the period to be appropriated9905 | €502k | €-84k | €-435k | €-87k | €-458k | ▼ 425% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.39M | €2.35M | €2.25M | €2.17M | €2.64M | ▲ 21.8% |
| Fixed assets21/28 | €2.72M | €2.06M | €2.06M | €2.16M | €2.51M | ▲ 16.1% |
| Financial fixed assets28 | €2.72M | €2.06M | €2.06M | €2.16M | €2.51M | ▲ 16.1% |
| Current assets29/58 | €676k | €291k | €192k | €6k | €131k | ▲ 2,006% |
| Amounts receivable after more than one year29 | €253k | - | - | - | - | - |
| Other amounts receivable291 | €253k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €181k | €215k | €54k | €2k | €2k | = |
| Other amounts receivable41 | €181k | €215k | €54k | €2k | €2k | = |
| Current investments50/53 | €241k | €72k | €135k | - | €41k | - |
| Cash at bank and in hand54/58 | €2k | €5k | €3k | €5k | €88k | ▲ 1,823% |
| Deferred charges and accrued income490/1 | €52 | €52 | €52 | - | €52 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.39M | €2.35M | €2.25M | €2.17M | €2.64M | ▲ 21.8% |
| Equity10/15 | €337k | €253k | €-182k | €-269k | €-727k | ▼ 170% |
| Contributions10/11 | €3.06M | €3.06M | €3.06M | €3.06M | €3.06M | = |
| Capital10 | €3.06M | €3.06M | €3.06M | €3.06M | €3.06M | = |
| Issued capital100 | €3.06M | €3.06M | €3.06M | €3.06M | €3.06M | = |
| Profit (loss) carried forward14 | €-2.72M | €-2.81M | €-3.24M | €-3.33M | €-3.79M | ▼ 13.7% |
| Amounts payable17/49 | €3.06M | €2.10M | €2.43M | €2.44M | €3.37M | ▲ 38.2% |
| Amounts payable within one year42/48 | €3.06M | €2.10M | €2.43M | €2.44M | €3.37M | ▲ 38.2% |
| Trade debts44 | €152k | €27k | €37k | €37k | €69k | ▲ 86.4% |
| Suppliers440/4 | €152k | €27k | €37k | €37k | €69k | ▲ 86.4% |
| Other amounts payable47/48 | €2.90M | €2.07M | €2.40M | €2.40M | €3.30M | ▲ 37.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €502k | €-84k | €-435k | €-87k | €-458k | ▼ 425% |
| Operating cash flow (approximation) | €502k | €-84k | €-435k | €-87k | €-458k | ▼ 425% |
| Investment in fixed assets (approximation) | - | €658k | €1 | €-102k | €-348k | ▼ 240% |
| Change in cash | - | €3k | €-2k | €1k | €83k | ▲ 5,534% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 48 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 64 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 22 days late
2022
24-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 55 days late
2021
31-12
Financial
Back to profitnet €502k
Net result €502k after 3 loss-making years.
31-12
Financial
Equity above €200kEq €337k
Equity rises from €-165k to €337k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €-842k
Net result drops to €-842k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Kontich · 1 establishment unit since 2015
Ground area
3,317 m²
Building footprint
736 m²
Volume, LiDAR
8,061 m³
Parcel 11024B0130/00E002, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
79
companies at this address
See who is registered here
1 establishment unit
CO Foundry
since 20152.245.331.848
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0130/00E002 | Flanders | 3,317 m² | 1 · 736 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
2 parent companiesControl over this companyparent company per the LEI register2
Kontich
Kontich · indirect · LEI lapsed
controls
CO FOUNDRYBE 0635.671.682
Recognitions · licences · registrations
Legal Entity Identifier
6994009DMWMLK7K9AD04
Identification & contact
Identification
Legal formPublic limited company
Founded20-08-2015
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.