COLLARIS
ActiveSummary
COLLARIS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-386k) and a net result of €170k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability40▲+20
Solvency23▲+3
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 0.16 in 2023; short-term debt: 102.1% and cash: 0.2% 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 · 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-2.1%
Return on assets
0.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9715 sector peers (2024).
NBB · sector comparisonPosition among 9715 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
23 d early
2022
38 d early
2021
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-386k▲ 30.6%
2023 · €-556k
2021: €252khighest in 4 years
2022: €249k▼ -1.2% vs 2021
2023: €-556k▼ -323% vs 2022lowest in 4 years
2024: €-386k▲ +30.6% vs 2023
2021 → 2024
Total assets
€17.97M▲ 58.1%
2023 · €11.36M
2021: €253klowest in 4 years
2022: €259k▲ +2.3% vs 2021
2023: €11.36M▲ +4282% vs 2022
2024: €17.97M▲ +58.1% vs 2023highest in 4 years
2021 → 2024
Net result
€170k
2023 · €-806k
2021: €2k
2022: €-3k▼ -226% vs 2021
2023: €-806k▼ -26094% vs 2022lowest in 4 years
2024: €170k▲ +121% vs 2023highest in 4 years
2021 → 2024
Working capital
€-12.07M▼ 21.2%
2023 · €-9.96M
2021: €253khighest in 4 years
2022: €249k▼ -1.2% vs 2021
2023: €-9.96M▼ -4091% vs 2022
2024: €-12.07M▼ -21.2% vs 2023lowest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€252k-€249k▼ 1.2%€-556k€-386k▲ 30.6%
2021: €252khighest in 4 years
2022: €249k▼ -1.2% vs 2021
2023: €-556k▼ -323% vs 2022lowest in 4 years
2024: €-386k▲ +30.6% vs 2023
Operating result€-2k-€-10k▼ 338%€-935k▼ 9,223%€-579k▲ 38.1%
2021: €-2khighest in 4 years
2022: €-10k▼ -338% vs 2021
2023: €-935k▼ -9223% vs 2022lowest in 4 years
2024: €-579k▲ +38.1% vs 2023
Net result€2k-€-3k€-806k▼ 26,094%€170k
2021: €2k
2022: €-3k▼ -226% vs 2021
2023: €-806k▼ -26094% vs 2022lowest in 4 years
2024: €170k▲ +121% vs 2023highest in 4 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €579k in 2024 against €935k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.97M
Fixed assets
€11.68M ▲ 24.3%
Current assets
€6.29M ▲ 220%
Key figures and ratios
Solvency
-2.1%▲
2023 · -4.9%
Current ratio
0.34▲
2023 · 0.16
Quick ratio
0.05▲
2023 · 0.02
Debt to equity
-47.54▼
2023 · -21.43
ROA
0.9%▲
2023 · -7.1%
Debt
€18.35M▲
2023 · €11.92M
Debt ≤ 1 year
€18.35M▲
2023 · €11.92M
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€11.36M€17.97M▲
Fixed assets21/28€9.40M€11.68M▲
Tangible fixed assets22/27€1k€2.56M▲
Assets under construction and advance payments27€1k€2.56M▲
Financial fixed assets28€9.40M€9.12M▼
Current assets29/58€1.96M€6.29M▲
Stocks and contracts in progress3€1.75M€5.42M▲
Stocks30/36€1.75M€3.14M▲
Contracts in progress37-€2.29M
Amounts receivable within one year40/41-€620k
Trade receivables40-€440k
Other amounts receivable41-€179k
Cash at bank and in hand54/58€810€33k▲
Deferred charges and accrued income490/1€211k€211k=
Equity and liabilities
Total equity and liabilities10/49€11.36M€17.97M▲
Equity10/15€-556k€-386k▲
Contributions10/11€250k€250k=
Profit (loss) carried forward14€-806k€-636k▲
Amounts payable17/49€11.92M€18.35M▲
Amounts payable within one year42/48€11.92M€18.35M▲
Trade debts44€3.24M€2.38M▼
Suppliers440/4€3.24M€2.38M▼
Advances received on contracts in progress46€7.53M€15.98M▲
Taxes, remuneration and social security45€1.15M-
Taxes450/3€1.15M-
Accrued charges and deferred income492/3€286-
Income statement
Code20232024
Other operating charges640/8€900€37k▲
Gross operating margin9900€-934k€-542k▲
Operating profit (loss)9901€-935k€-579k▲
Financial income75/76B€130k€767k▲
Recurring financial income75€130k€767k▲
Financial charges65/66B€573€18k▲
Recurring financial charges65€573€18k▲
Profit (loss) for the period before taxes9903€-806k€170k▲
Profit (loss) for the period9904€-806k€170k▲
Profit (loss) for the period to be appropriated9905€-806k€170k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-806k€-636k▲
Profit (loss) brought forward from the previous period14P€-643€-806k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | €348 | €490 | €900 | €37k | ▲ 4,008% |
| Gross operating margin9900 | €-2k | €-10k | €-934k | €-542k | ▲ 42.0% |
| Operating profit (loss)9901 | €-2k | €-10k | €-935k | €-579k | ▲ 38.1% |
| Financial income75/76B | €6k | €7k | €130k | €767k | ▲ 490% |
| Recurring financial income75 | €6k | €7k | €130k | €767k | ▲ 490% |
| Financial charges65/66B | €399 | €340 | €573 | €18k | ▲ 3,060% |
| Recurring financial charges65 | €399 | €340 | €573 | €18k | ▲ 3,060% |
| Profit (loss) for the period before taxes9903 | €3k | €-3k | €-806k | €170k | ▲ 121% |
| Income taxes67/77 | €886 | - | - | - | - |
| Profit (loss) for the period9904 | €2k | €-3k | €-806k | €170k | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-3k | €-806k | €170k | ▲ 121% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €253k | €259k | €11.36M | €17.97M | ▲ 58.1% |
| Fixed assets21/28 | - | - | €9.40M | €11.68M | ▲ 24.3% |
| Tangible fixed assets22/27 | - | - | €1k | €2.56M | ▲ 244,695% |
| Assets under construction and advance payments27 | - | - | €1k | €2.56M | ▲ 244,695% |
| Financial fixed assets28 | - | - | €9.40M | €9.12M | ▼ 2.9% |
| Current assets29/58 | €253k | €259k | €1.96M | €6.29M | ▲ 220% |
| Stocks and contracts in progress3 | - | - | €1.75M | €5.42M | ▲ 210% |
| Stocks30/36 | - | - | €1.75M | €3.14M | ▲ 79.1% |
| Contracts in progress37 | - | - | - | €2.29M | - |
| Amounts receivable within one year40/41 | €243k | €246k | - | €620k | - |
| Trade receivables40 | - | - | - | €440k | - |
| Other amounts receivable41 | €243k | €246k | - | €179k | - |
| Cash at bank and in hand54/58 | €4k | €165 | €810 | €33k | ▲ 3,937% |
| Deferred charges and accrued income490/1 | €6k | €13k | €211k | €211k | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €253k | €259k | €11.36M | €17.97M | ▲ 58.1% |
| Equity10/15 | €252k | €249k | €-556k | €-386k | ▲ 30.6% |
| Contributions10/11 | €250k | €250k | €250k | €250k | = |
| Profit (loss) carried forward14 | €2k | €-643 | €-806k | €-636k | ▲ 21.1% |
| Amounts payable17/49 | €986 | €10k | €11.92M | €18.35M | ▲ 54.0% |
| Amounts payable within one year42/48 | €886 | €10k | €11.92M | €18.35M | ▲ 54.0% |
| Trade debts44 | - | €9k | €3.24M | €2.38M | ▼ 26.5% |
| Suppliers440/4 | - | €9k | €3.24M | €2.38M | ▼ 26.5% |
| Advances received on contracts in progress46 | - | - | €7.53M | €15.98M | ▲ 112% |
| Taxes, remuneration and social security45 | €886 | €998 | €1.15M | - | - |
| Taxes450/3 | €886 | €998 | €1.15M | - | - |
| Accrued charges and deferred income492/3 | €100 | €100 | €286 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-3k | €-806k | €170k | ▲ 121% |
| Operating cash flow (approximation) | €2k | €-3k | €-806k | €170k | ▲ 121% |
| Investment in fixed assets (approximation) | - | - | - | €-2.28M | - |
| Change in cash | - | €-4k | €645 | €32k | ▲ 4,843% |
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
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
31-12
Financial
Back to profitnet €170k
Net result €170k after 2 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-806k
Net result drops to €-806k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Ieper · 1 establishment unit since 2021
Ground area
5,629 m²
Building footprint
1,997 m²
Volume, LiDAR
14,036 m³
Parcel 33305B1021/00D002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
88
companies at this address
See who is registered here
1 establishment unit
COLLARIS
since 20212.312.367.162
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33305B1021/00D002 | Flanders | 5,629 m² | 1 · 1,997 m² | 8.8 m · 2 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
Ypres
Ypres · indirect
controls
COLLARISBE 0761.438.419
Recognitions · licences · registrations
Legal Entity Identifier
8945002RRZH9MOAOI268
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 5,244 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
Scores and ratios are computed by Checked and are not a credit decision.