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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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CoMaFo from Modave, company number BE0671685309, closed financial year 2025 with a result of € 5,093 after tax. For that financial year CoMaFo recorded a gross margin of € 23,379 and equity of € 14,884. Compared with financial year 2024, the result moved from € 119 to € 5,093. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 14,884
▲ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,093
▲ € 4,974 vs 2024
Profit after tax over the fiscal year.
€ 7,846
▲ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -3,716.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 37,676
▲ € 37,274 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 39,611
€ 12,101 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,167
▲ € 1,017 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,458
▼ 72% 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 | € 16,883 | € 50,154 | € 8,725 | € 23,379 | ▲ 168% |
| Profit after taxes | € 9,376 | € 39,427 | € 119 | € 5,093 | ▲ € 4,974 |
| Equity | € -29,756 | € 9,671 | € 9,791 | € 14,884 | ▲ 52% |
| Total debts | € 73,962 | € 30,114 | € 17,358 | € 51,333 | ▲ 196% |
| Cash | € 5,855 | € 18,698 | € 4,776 | € 7,846 | ▲ 64% |
| Land & buildings | € 724 | € 622 | € 521 | € 419 | ▼ 20% |
| Retained profit | € -48,356 | € -8,929 | € -8,809 | € -3,716 | ▲ € 5,094 |
| Bank debt | € 7,992 | € 0 | € 0 | € 39,611 | |
| Balance sheet total | € 44,206 | € 39,785 | € 27,149 | € 66,217 | ▲ 144% |
Key figures of CoMaFo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CoMaFo?
What happened at CoMaFo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,093 (▲ € 4,974 vs 2024). Source: NBB ↗
- New establishment in Marche-en-Famenne. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,376 profit in 2022 to € 5,093 profit in 2025.
Paid € 7,477 in corporate taxes since 2022.
Best year ever: 2023, with € 39,427 profit.
Management
Behind CoMaFo is Jean-François QUOIBION.
Directors
According to the 2025 annual accounts
Jean-François QUOIBION
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Rue Beaulieu 19
4577 Modave
Marche, Rue du Commerce 2 box 3A
6900 Marche-en-Famenne
Active since 21 February 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0671.685.309
- VAT number
- BE 0671.685.309
- Registered office
- Rue Beaulieu 19, 4577 Modave
- Names & denominations
- CoMaFo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2017
- Peppol
- Active · Active since 13 Oct 2025
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