BFS COORDINATION

Active

Private limited company (pre-2019)founded 200224 yrs activeRue Hubert Delfosse 8, 4610 Beyne-Heusay, BelgiumKBO/BCE: BE 0476.990.273

BFS COORDINATION has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 94% of 94 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

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Checked score

Score 2025

71 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-9

Solvency100▲+28

Growth35=

Track record100

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 16.54 against 1.78 in 2024; short-term debt: 5.3% and cash: 55.6% of total assets), and 5.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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 2025

Solvency, return and age of the figures

Solvency

94.7%

Return on assets

-28.4%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 80

Relative position

BE, all sectors

reference

Sector 80

lower

← fewer bankruptcies more bankruptcies →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 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 filings

Deviation from the deadline

2025

45 d late

2024

28 d late

2023

43 d late

2022

3 d late

2021

27 d early

2020

13 d late

2019

45 d late

← before the deadline after the deadline →

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 months

Position in the running window

22-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

€13k▼ 84.7%

2023 · €85k

2019: €26k 2020: €15k 2021: €19k 2022: €15k 2023: €85k

2019 → 2024

EBIT margin

-6.5%▼ 20.3pp

2023 · 13.7%

2019: 39.4% 2020: 47.1% 2021: 65.6% 2022: -117.6% 2023: 13.7%

2019 → 2024

Net result

€-3k▼ 170%

2024 · €-995

2018: €-828 2019: €8k 2020: €7k 2021: €12k 2022: €-18k 2023: €11k 2024: €-995

2018 → 2025

Working capital

€8k▼ 23.4%

2024 · €10k

2018: €-8k 2019: €271 2020: €8k 2021: €20k 2022: €2k 2023: €13k 2024: €10k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€19k-€15k▼ 18.6%€85k▲ 451%€13k▼ 84.7%

Equity€20k-€2k▼ 92.2%€13k▲ 717%€12k▼ 7.9%€9k▼ 23.1%

Operating result€12k-€-18k€12k€-844€-3k▼ 208%

Net result€12k-€-18k€11k€-995€-3k▼ 170%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €3k in 2025 against €844 in 2024; the loss grows.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €9k

13.1%

86.9%

Fixed assets €1k▼ 21.1%

Current assets €8k▼ 64.4%

Equity and liabilities €9k

94.7%

Equity €9k▼ 23.1%

Debt €498▼ 96.2%

The debt ratio falls from 52.7% to 5.3%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-2k▼

2024 · €-761

Cash flow

€-2k▼

2024 · €-912

Solvency

94.7%▲

2024 · 47.3%

Current ratio

16.54▲

2024 · 1.78

Quick ratio

16.54▲

2024 · 1.78

Debt / equity

0.06▼

2024 · 1.11

ROE

-30.0%▼

2024 · -8.5%

ROA

-28.4%▼

2024 · -4.0%

Interest coverage

-24.90▼

2024 · -4.95

Debt

€498▼

2024 · €13k

Debt ≤ 1 year

€498▼

2024 · €13k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€25k€9k▼

Fixed assets21/28€2k€1k▼

Tangible fixed assets22/27€2k€1k▼

Furniture and vehicles24€2k€1k▼

Current assets29/58€23k€8k▼

Amounts receivable within one year40/41€16k€3k▼

Trade receivables40€13k€363▼

Other amounts receivable41€3k€3k▲

Cash at bank and in hand54/58€7k€5k▼

Equity and liabilities

Total equity and liabilities10/49€25k€9k▼

Equity10/15€12k€9k▼

Contributions10/11€6k€6k=

Outside capital11-€6k

Other1109/19-€6k

Reserves13€6k€6k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€4k€4k=

Profit (loss) carried forward14€-992€-4k▼

Amounts payable17/49€13k€498▼

Amounts payable within one year42/48€13k€498▼

Trade debts44€13k€300▼

Suppliers440/4€13k€300▼

Taxes, remuneration and social security45€198€198=

Taxes450/3€198€198=

Income statement Code20242025

Turnover70€13k-

Goods, raw materials, services and sundry goods60/61€13k€2k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83€330▲

Other operating charges640/8€421€400▼

Gross operating margin9900€-340€-2k▼

Operating profit (loss)9901€-844€-3k▼

Financial income75/76B€2€0▼

Recurring financial income75€2€0▼

Financial charges65/66B€154€91▼

Recurring financial charges65€154€91▼

Profit (loss) for the period before taxes9903€-995€-3k▼

Profit (loss) for the period9904€-995€-3k▼

Profit (loss) for the period to be appropriated9905€-995€-3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-992€-4k▼

Profit (loss) brought forward from the previous period14P€3€-992▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 18Financial 8Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

14-09

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 45 days late

2025

31-12

Financial Liquidity times 9current ratio 16.54

Current ratio from 1.78 to 16.54; short-term debt falls from €13k to €498.

28-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

2024

12-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 43 days late

2023

31-12

Financial Back to profitnet €11k

Net result €11k after one loss-making year.

31-12

Financial Liquidity times 8current ratio 11.62

Current ratio from 1.45 to 11.62; short-term debt falls from €4k to €1k.

03-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 3 days late

2022

31-12

Financial Weakest financial yearnet €-18k ▼249%

Net result drops to €-18k, the lowest in the series; recovery starts the following year.

04-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Highest result since 2018net €12k ▲68.7%

Operating result €12k, net result €12k, both a record.

31-12

Financial Liquidity times 17current ratio 101.75

Current ratio from 6.09 to 101.75; short-term debt falls from €1k to €198.

13-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 13 days late

2020

31-12

Financial Liquidity times 6current ratio 6.09

Current ratio from 1.04 to 6.09; short-term debt falls from €6k to €1k.

14-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 45 days late

2019

31-12

Financial Back to profitnet €8k

Net result €8k after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2018

03-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 3 days late

2017

02-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 2 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Beyne-Heusay · 1 establishment unit since 2002

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Hubert Delfosse 84610 Beyne-Heusay

Ground area

97 m²

Building footprint

29 m²

Volume, LiDAR

195 m³

Parcel 62082A0163/00M000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Rue E. Vandervelde 24, 4610 Beyne-Heusay

Air transport

since 20022.098.965.974

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62082A0163/00M000	Wallonia	97 m²	1 · 29 m²	7.8 m · 2 fl.

Linked by address, not proof of ownership

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.

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4 CONSULTING AGENCY AND SEARCH TEAM

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Of 700 companies in sector 80010 we hold annual accounts for 349. 155 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded01-03-2002

Fiscal year end31-12

Activities, NACEBEL

74601

80010Investigation and private security services

80100Investigation and security activities

Sources

Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.