Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COFINIM from Ukkel, company number BE0449441580, closed financial year 2025 with a result of € -16,338 after tax. For that financial year COFINIM recorded a gross margin of € 32,846 and equity of € -8,768. Compared with financial year 2024, the result moved from € -50,003 to € -16,338. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ -8,768
▼ € 16,338 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,338
▲ 67 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,420
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -769,309.
People and assets in 2025
€ 874
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 577,021
▼ 4% vs 2024
€ 31,613 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 9,251
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,895
▲ € 3,789 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 226,571 | € 27,081 | € 6,971 | € 32,846 | ▲ € 25,875 |
| Profit after taxes | € -168,068 | € -34,501 | € -50,003 | € -16,338 | ▲ € 33,665 |
| Equity | € 92,075 | € 57,574 | € 7,570 | € -8,768 | ▼ € 16,338 |
| Total debts | € 1,758,976 | € 965,191 | € 1,119,977 | € 1,144,273 | ▲ 2% |
| Cash | € 3,135 | € 15,503 | € 6,189 | € 4,420 | ▼ 29% |
| Land & buildings | € 970,105 | € 959,719 | € 940,620 | € 921,521 | ▼ 2% |
| Retained profit | € -668,466 | € -702,967 | € -752,971 | € -769,309 | ▼ € 16,338 |
| Bank debt | € 966,627 | € 950,563 | € 600,563 | € 577,021 | ▼ 4% |
| Balance sheet total | € 1,851,051 | € 1,022,764 | € 1,127,547 | € 1,135,505 | ▲ 1% |
Key figures of COFINIM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to COFINIM?
What happened at COFINIM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,338. filed late Source: NBB ↗
- Cedric HENET became a director. NBB
- New establishment in Linkebeek. KBO
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 168,068 loss in 2022 to € 16,338 loss in 2025.
Paid € 643 in corporate taxes since 2022.
Management
Behind COFINIM is Cedric HENET. Cedric HENET is also behind ARNCE and HENET.
Establishments
Establishment units
Physical locations of this company
Maarschalk Neylaan 32
1180 Ukkel
Hollebeekstraat 290
1630 Linkebeek
Active since 1 October 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.441.580
- VAT number
- BE 0449.441.580
- Registered office
- Maarschalk Neylaan 32, 1180 Ukkel
- Names & denominations
- COFINIM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 1993
- Peppol
- Active · Active since 31 Aug 2026
- Activities · NACE
Activiteiten van advocaten
Overige rechtskundige dienstverlening