Equity
CKS has made a profit in every financial year since 2008.
CKS has made a profit in every financial year since 2008.
The result fell in 2025 from €1.3m to €644,741.
€1.1m of the debts are secured on the company's own assets. In 2021 that was €445,000.
In 2025, 26 people joined and 18 left.
CKS pays its suppliers 27 days later than in 2024. Customers pay 1 day later.
Five of the last ten came late. The 2019 accounts came latest: 82 days after the end of the period.
The dashed line is the sector median: 0.3% across 241 companies (NACE 43, medium-sized).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, medium-sized). It does better than 34% of them on solvency, 23% on liquidity, 42% on profitability and 59% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 733 companies had the same profile as CKS has now. Each dot stands for 2 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CKS itself: 0.4% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 733 companies, not a prediction for CKS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.42 (1.66 in 2024), below the usual 1.5. Short-term debt is 63.8% and cash 4.6% of total assets. 74% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| CKS Dilsen-Stokkem | €37.5m | 2.5% | 26.0% | 93.1 |
| BELCOTEC Geel | €38.8m | 5.3% | 27.4% | 98.9 |
| WELEC Westerlo | €29.8m | 6.5% | 61.6% | 98.8 |
| ENERSOL Herve | €23.5m | 0.6% | 36.2% | 116.4 |
| GS SOLUTIONS Hamme (Vl.) | €33.1m | 10.3% | 48.6% | 93.4 |
| Jansen Energy Solutions Heusden-Zolder | €26.4m | 5.7% | 9.3% | 70.4 |
| THERSA Mouscron | €40.0m | 8.5% | 39.8% | 132 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as CKS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €15m and €26m, founded between 1991 and 2006.
CKS has existed since 2000. Turnover grew from €11.5m in 2010 to €37.5m in 2025 and staff from 28.5 to 93.1 full-time equivalents.
Turnover has grown every year since 2020. Solvency fell in 2025 from 33.1% to 26.0% because of higher debts to suppliers.
COCO holds 99% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 28% of 2,460 companies in 2025.
Higher than 40% of 2,433 companies in 2025.
Higher than 42% of 2,451 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter
88.6 men and 4.5 women in full-time equivalents in 2025.
Men €76,163, women €77,674 per full-time equivalent. Jobs differ, so this is not a pay gap.
In 2025, 26 people joined and 18 left. Training hours in 2025: 2,754.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
21.6m | 15.5m | 16.8m | 12.3m | 7.8m | 7.7m | 7.0m | 5.1m | 5.5m | 5.7m | 5.2m | 5.1m | 5.0m | 4.9m | 5.5m | 6.1m | 6.7m | 2.2m | |
20 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
21/28 |
2.0m | 1.8m | 2.2m | 2.1m | 2.1m | 2.1m | 641,993 | 576,654 | 636,477 | 726,130 | 778,571 | 894,181 | 1.1m | 1.1m | 1.2m | 903,148 | 806,151 | 595,933 | |
21 |
270,891 | 21,189 | 37,737 | 50,261 | 78,897 | 73,409 | 96,392 | 26,963 | 18,016 | 15,825 | 20,362 | 87 | 287 | 3,098 | 6,380 | 11,931 | 16,396 | 13,838 | |
22/27 |
1.8m | 1.7m | 2.2m | 2.0m | 2.0m | 2.1m | 545,601 | 549,691 | 618,461 | 710,306 | 758,209 | 889,758 | 1.1m | 1.1m | 1.1m | 891,217 | 789,605 | 581,945 | |
22 |
1.3m | 1.4m | 1.8m | 1.6m | 1.7m | 1.8m | 330,067 | 399,528 | 471,211 | 551,411 | 607,482 | 698,562 | 790,555 | 891,570 | 894,941 | 749,113 | 660,871 | 505,611 | |
23 |
141,987 | 24,663 | 31,925 | 25,966 | 47,466 | 66,669 | 76,389 | 38,987 | 63,207 | 89,993 | 36,743 | 29,585 | 37,378 | 48,819 | 61,761 | 71,836 | 53,699 | 32,316 | |
24 |
282,615 | 273,369 | 370,687 | 436,070 | 231,954 | 234,254 | 139,144 | 111,176 | 84,043 | 68,902 | 113,984 | 161,610 | 230,241 | 168,742 | 192,466 | 70,268 | 75,035 | 44,018 | |
26 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
27 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
28 |
100 | - | - | - | - | - | - | - | - | - | - | 4,336 | 11,935 | 15,198 | - | - | 150 | 150 | |
280 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
281 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
282/3 |
- | - | - | - | - | 0 | - | - | 0 | - | - | - | - | - | - | - | - | - | |
282 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
283 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
284/8 |
100 | - | - | - | - | - | - | - | - | - | - | 4,336 | 11,935 | 15,198 | - | - | - | - | |
284 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
285/8 |
100 | - | - | - | - | - | - | - | 0 | - | - | 4,336 | 11,935 | 15,198 | - | - | - | - | |
29/58 |
19.6m | 13.8m | 14.6m | 10.3m | 5.7m | 5.6m | 6.3m | 4.6m | 4.9m | 5.0m | 4.4m | 4.2m | 3.9m | 3.8m | 4.3m | 5.2m | 5.9m | 1.6m | |
29 |
2.3m | 500,000 | 500,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
290 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
291 |
2.3m | 500,000 | 500,000 | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
3 |
9.2m | 6.3m | 6.2m | 3.0m | 1.8m | 910,706 | 733,626 | 1.0m | 1.1m | 1.2m | 1.3m | 1.0m | 1.1m | 911,114 | 760,521 | 522,747 | 236,923 | 205,480 | |
30/36 |
2.6m | 2.5m | 3.0m | 2.0m | 1.1m | 642,677 | 590,803 | 738,281 | 876,076 | 865,346 | 936,743 | 853,568 | 819,012 | 792,778 | 760,521 | 522,747 | 236,923 | 205,480 | |
30/31 |
2.6m | 2.5m | 3.0m | 2.0m | 1.1m | 642,677 | 590,803 | 738,281 | 876,076 | 865,346 | 936,743 | 853,568 | 819,012 | 792,778 | 760,521 | 522,747 | - | - | |
32 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
33 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
34 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
35 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
36 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
37 |
6.7m | 3.7m | 3.2m | 997,957 | 607,848 | 268,028 | 142,823 | 266,692 | 204,370 | 346,465 | 324,397 | 163,508 | 258,396 | 118,336 | - | - | - | - | |
40/41 |
7.0m | 6.8m | 7.1m | 6.8m | 3.9m | 3.9m | 4.1m | 3.1m | 3.6m | 2.9m | 3.1m | 2.9m | 2.7m | 2.8m | 2.4m | 4.3m | 4.8m | 1.1m | |
40 |
6.2m | 5.7m | 6.2m | 5.2m | 3.3m | 2.9m | 3.2m | 2.6m | 3.2m | 2.4m | 2.8m | 2.4m | 2.2m | 2.5m | 2.1m | 4.0m | 4.4m | 906,424 | |
41 |
795,253 | 1.1m | 852,301 | 1.6m | 604,116 | 1.0m | 963,652 | 545,985 | 403,842 | 505,008 | 303,485 | 489,611 | 498,778 | 312,748 | 326,757 | 322,120 | 423,012 | 196,566 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 165,000 | 60,000 | - | - | |
50 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
51/53 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | 165,000 | 60,000 | - | - | |
54/58 |
989,795 | 175,902 | 844,242 | 376,621 | 38,927 | 663,101 | 1.4m | 315,498 | 87,711 | 822,951 | 98,162 | 343,309 | 51,002 | 83,087 | 884,743 | 308,269 | 311,041 | 204,729 | |
490/1 |
116,474 | 35,013 | 23,858 | 45,126 | 9,348 | 104,514 | 22,897 | 103,466 | 96,372 | 75,259 | 1,690 | 1,660 | 47,718 | 15,160 | 67,059 | 18,690 | 535,341 | 80,920 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
21.6m | 15.5m | 16.8m | 12.3m | 7.8m | 7.7m | 7.0m | 5.1m | 5.5m | 5.7m | 5.2m | 5.1m | 5.0m | 4.9m | 5.5m | 6.1m | 6.7m | 2.2m | |
10/15 |
5.6m | 5.1m | 3.8m | 3.3m | 3.4m | 2.7m | 2.6m | 2.5m | 2.4m | 2.4m | 2.4m | 2.3m | 2.2m | 2.1m | 2.0m | 1.2m | 702,603 | 536,806 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
101 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
11 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
12 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
13 |
1.9m | 1.7m | 1.1m | 1.2m | 1.3m | 642,526 | 642,526 | 642,526 | 642,526 | 642,526 | 642,526 | 642,526 | 642,526 | 642,526 | 642,526 | 229,973 | 79,973 | 79,973 | |
130/1 |
- | - | 0 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
1311 |
- | - | 0 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
132 |
1.4m | 1.1m | 548,395 | 620,923 | 693,020 | 78,026 | 78,026 | 78,026 | 78,026 | 78,026 | 78,026 | 78,026 | 490,526 | 490,526 | 640,526 | 227,973 | 77,973 | 77,973 | |
133 |
564,500 | 564,500 | 564,500 | 562,500 | 562,500 | 562,500 | 562,500 | 562,500 | 562,500 | 562,500 | 562,500 | 562,500 | 150,000 | 150,000 | - | - | - | - | |
14 |
3.7m | 3.4m | 2.7m | 2.1m | 2.1m | 2.0m | 2.0m | 1.8m | 1.7m | 1.7m | 1.7m | 1.6m | 1.5m | 1.4m | 1.3m | 923,150 | 602,631 | 436,833 | |
15 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
19 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
16 |
108,438 | 132,614 | 156,790 | 230,965 | 204,998 | 41,332 | - | - | - | - | - | - | - | - | - | - | - | - | |
160/5 |
- | - | 0 | 50,000 | 0 | 41,332 | - | - | - | - | - | - | - | - | - | - | - | - | |
160 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
161 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
162 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
163 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | 0 | 50,000 | 0 | 41,332 | - | - | 0 | - | - | - | - | - | - | - | - | - | |
168 |
108,438 | 132,614 | 156,790 | 180,965 | 204,998 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
17/49 |
15.9m | 10.3m | 12.9m | 8.7m | 4.2m | 5.0m | 4.3m | 2.6m | 3.2m | 3.4m | 2.9m | 2.8m | 2.8m | 2.9m | 3.4m | 5.0m | 6.0m | 1.7m | |
17 |
2.0m | 1.9m | 2.2m | 857,919 | 361,433 | 490,406 | 138,722 | 209,721 | 307,651 | 381,137 | 290,465 | 410,481 | 553,128 | 648,377 | 761,422 | 631,523 | 443,581 | 472,165 | |
170/4 |
2.0m | 1.9m | 2.2m | 857,919 | 361,433 | 490,406 | 138,722 | 209,721 | 307,651 | 381,137 | 290,465 | 410,481 | 553,128 | 648,377 | 761,422 | 631,523 | 443,581 | 472,165 | |
170 |
692,500 | 762,500 | 832,500 | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
171 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
172 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
173 |
883,703 | 312,542 | 413,547 | 507,919 | 352,504 | 445,763 | 58,365 | 93,650 | 155,865 | 193,637 | 290,465 | 410,481 | 553,128 | 648,377 | 761,422 | 631,523 | - | - | |
174 |
453,601 | 784,134 | 1.0m | 350,000 | 8,929 | 44,643 | 80,357 | 116,071 | 151,786 | 187,500 | - | - | - | - | - | - | - | - | |
1750 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
1751 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
176 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
42/48 |
13.8m | 8.3m | 10.5m | 7.5m | 3.3m | 4.3m | 3.9m | 2.2m | 2.4m | 2.6m | 2.3m | 2.1m | 2.1m | 2.2m | 2.7m | 4.3m | 4.2m | 1.1m | |
42 |
634,734 | 386,871 | 115,798 | 111,490 | 83,567 | 95,859 | 70,999 | 97,710 | 101,995 | 132,538 | 120,016 | 155,192 | 145,179 | 131,465 | 134,844 | 96,820 | 72,624 | 61,380 | |
43 |
268,333 | 128,333 | 125,000 | 541,772 | 0 | 988,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
268,333 | 128,333 | 125,000 | 541,772 | 0 | 988,000 | - | - | 0 | - | - | - | - | - | - | - | - | - | |
439 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
44 |
8.5m | 5.6m | 6.5m | 5.7m | 2.6m | 2.5m | 2.5m | 1.7m | 1.9m | 2.2m | 1.9m | 1.5m | 1.5m | 1.9m | 1.6m | 3.6m | 3.8m | 887,194 | |
440/4 |
8.5m | 5.6m | 6.5m | 5.7m | 2.6m | 2.5m | 2.5m | 1.7m | 1.9m | 2.2m | 1.9m | 1.5m | 1.5m | 1.9m | 1.6m | 3.6m | 3.8m | 887,194 | |
441 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
46 |
3.1m | 1.5m | 2.4m | - | 0 | 21,075 | 502,894 | - | 0 | - | - | - | - | - | 141,060 | - | - | - | |
45 |
1.2m | 641,661 | 768,656 | 562,127 | 519,381 | 448,283 | 551,514 | 410,785 | 370,806 | 275,273 | 249,919 | 325,814 | 241,325 | 181,327 | 390,899 | 247,037 | 227,769 | 74,197 | |
450/3 |
562,003 | 104,124 | 176,904 | 86,256 | 114,108 | 39,793 | 97,672 | 71,466 | 67,788 | 45,815 | 23,042 | 43,418 | 48,998 | 34,158 | 257,906 | 139,431 | 116,883 | 866 | |
454/9 |
627,440 | 537,536 | 591,752 | 475,872 | 405,272 | 408,491 | 453,842 | 339,319 | 303,017 | 229,458 | 226,877 | 282,396 | 192,327 | 147,170 | 132,993 | 107,606 | 110,886 | 73,331 | |
47/48 |
150,000 | 50,000 | 653,684 | 587,930 | 85,139 | 282,495 | 231,227 | 32,682 | 32,634 | 32,781 | 32,652 | 88,080 | 138,325 | 38,325 | 437,975 | 263,150 | 113,920 | 38,920 | |
492/3 |
63,691 | 117,080 | 76,639 | 395,938 | 544,271 | 115,539 | 322,302 | 215,986 | 442,854 | 376,022 | 285,247 | 298,917 | 198,391 | 19,792 | 9,921 | 85,856 | 1.4m | 119,390 | |
| Income statement | |||||||||||||||||||
70/76A |
39.3m | 36.3m | 34.1m | 23.2m | 18.9m | 16.6m | 18.0m | 17.2m | 15.9m | 13.4m | 13.0m | 13.0m | 11.2m | 12.9m | 16.2m | 11.5m | - | - | |
70 |
37.5m | 35.4m | 31.1m | 22.6m | 17.3m | 15.3m | 18.3m | 17.0m | 15.8m | 13.2m | 12.6m | 13.0m | 11.0m | 12.9m | 15.8m | 11.5m | - | - | |
71 |
1.3m | 550,763 | 2.2m | 390,110 | 339,819 | 529,268 | -527,932 | 62,322 | -142,095 | 22,068 | 160,889 | -94,888 | 140,060 | -142,098 | 260,434 | - | - | - | |
72 |
214,236 | 0 | 447,556 | - | 0 | 395,257 | - | - | 0 | - | - | - | - | - | 2,575 | 7,118 | - | - | |
74 |
292,086 | 334,181 | 320,905 | 246,708 | 304,808 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
88,714 | 23,983 | 67,113 | 8,237 | 999,097 | 14,197 | 57 | 9,134 | 2,783 | 478 | - | 1,018 | 19,070 | - | 2,898 | 2,279 | 7,776 | 1,512 | |
9900 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.0m | 1.3m | |
60/66A |
38.4m | 34.5m | 33.0m | 22.7m | 18.0m | 16.3m | 17.4m | 17.0m | 15.8m | 13.3m | 12.9m | 12.7m | 10.9m | 12.6m | 14.8m | 10.7m | - | - | |
60 |
26.2m | 23.7m | 23.6m | 15.3m | 10.7m | 9.4m | 10.3m | 11.2m | 10.7m | 8.6m | 8.4m | 8.5m | 7.0m | 9.0m | 10.3m | 8.0m | - | - | |
600/8 |
26.2m | 23.2m | 24.5m | 16.2m | 11.2m | 9.4m | 10.1m | 11.1m | 10.7m | 8.5m | 8.5m | 8.6m | 7.0m | 9.0m | 10.5m | 8.3m | - | - | |
609 |
-43,060 | 451,528 | -949,136 | -882,941 | -504,047 | -51,874 | 147,478 | 137,794 | -10,730 | 71,397 | -83,175 | -34,556 | -26,234 | -32,257 | -237,774 | -285,824 | - | - | |
61 |
4.5m | 4.3m | 3.4m | 2.7m | 2.5m | 2.1m | 2.2m | 2.0m | 1.8m | 1.9m | 1.7m | 1.7m | 1.7m | 1.7m | 1.7m | 812,069 | - | - | |
62 |
7.1m | 5.9m | 5.4m | 4.3m | 4.5m | 4.6m | 4.5m | 3.6m | 3.1m | 2.6m | 2.5m | 2.2m | 2.0m | 1.9m | 1.7m | 1.4m | 1.4m | 994,316 | |
630 |
550,321 | 496,997 | 483,532 | 349,973 | 322,292 | 264,828 | 185,476 | 144,946 | 176,321 | 210,041 | 197,882 | 228,740 | 237,111 | 231,690 | 185,608 | 169,854 | 191,724 | 134,792 | |
631/4 |
6,791 | -15,803 | 60,111 | - | 0 | -187,675 | 152,698 | -304 | -182 | 8,109 | -82 | 5,748 | 9,743 | -277,877 | 937,505 | 324,565 | - | 11,027 | |
635/8 |
- | 0 | -50,000 | 50,000 | -41,332 | 41,332 | - | - | 0 | - | - | - | - | - | - | - | - | - | |
640/8 |
43,197 | 35,603 | 44,301 | 44,980 | 31,676 | 100,855 | 47,048 | 12,893 | 12,727 | 10,026 | 18,021 | 11,701 | 11,167 | 13,943 | 9,105 | 8,815 | 7,696 | 17,135 | |
649 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
66A |
0 | 27,452 | 4,504 | 4,238 | 2,219 | 270 | 1,208 | 10,306 | 0 | 832 | 8,948 | - | - | 128,533 | 50,566 | 1,006 | 23 | 2,389 | |
9901 |
931,552 | 1.9m | 1.1m | 483,066 | 966,155 | 280,906 | 538,121 | 275,676 | 92,017 | 85,277 | 124,414 | 320,802 | 284,710 | 344,129 | 1.3m | 818,379 | 432,644 | 181,543 | |
75/76B |
46,302 | 50,106 | 21,384 | 17,914 | 7,397 | 9,785 | 3,726 | 6,308 | 8,532 | 4,993 | 7,410 | 18,686 | 17,875 | 17,837 | 26,507 | 8,011 | 8,778 | 10,085 | |
75 |
46,302 | 50,106 | 21,384 | 17,914 | 7,397 | 9,785 | 3,726 | 6,308 | 8,532 | 4,993 | 7,410 | 18,686 | 17,875 | 17,837 | 26,507 | 8,011 | 8,778 | 10,085 | |
750 |
37,083 | 25,857 | 13,863 | 13,505 | - | - | - | - | 48 | - | - | - | - | - | - | - | - | - | |
751 |
- | - | - | - | - | - | - | - | 0 | 292 | 487 | 237 | 2,633 | 3,946 | 1,336 | 770 | - | - | |
752/9 |
9,219 | 24,249 | 7,521 | 4,410 | 7,397 | 9,785 | 3,726 | 6,308 | 8,484 | 4,702 | 6,924 | 18,448 | 15,243 | 13,891 | 25,171 | 7,241 | - | - | |
76B |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
65/66B |
121,772 | 120,567 | 121,115 | 46,355 | 66,555 | 92,288 | 80,688 | 42,803 | 46,578 | 45,996 | 37,423 | 53,713 | 61,061 | 55,600 | 75,123 | 56,180 | 59,634 | 68,656 | |
65 |
121,772 | 120,567 | 121,115 | 46,355 | 66,555 | 92,288 | 80,688 | 42,803 | 46,578 | 45,996 | 37,423 | 53,713 | 61,061 | 55,600 | 75,123 | 56,180 | 59,634 | 68,656 | |
650 |
105,470 | 115,332 | 93,479 | 23,502 | 48,469 | 32,496 | 30,965 | 24,640 | 28,890 | 33,243 | 33,586 | 36,307 | 36,595 | 45,538 | 47,661 | 50,046 | - | - | |
651 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
652/9 |
16,302 | 5,235 | 27,636 | 22,854 | 18,085 | 59,792 | 49,723 | 18,163 | 17,688 | 12,752 | 3,837 | 17,405 | 24,466 | 10,062 | 27,462 | 6,135 | - | - | |
66B |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
9903 |
856,082 | 1.8m | 1.0m | 454,625 | 906,997 | 198,403 | 461,160 | 239,181 | 53,971 | 44,274 | 85,452 | 286,792 | 260,595 | 177,833 | 1.2m | 771,484 | 389,541 | 122,095 | |
780 |
24,176 | 24,176 | 24,176 | 24,033 | 35,328 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
680 |
- | - | - | 0 | 240,326 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
235,516 | 462,329 | 193,597 | 86,999 | 50,766 | 79,793 | 122,709 | 110,329 | 46,769 | 39,569 | 42,721 | 91,172 | 75,499 | 109,336 | 263,939 | 175,964 | 148,743 | 52,665 | |
670/3 |
235,516 | 464,020 | 193,597 | 86,999 | 51,702 | 79,793 | 122,709 | 110,329 | 46,918 | 39,569 | 46,270 | 91,172 | 75,499 | 109,336 | 273,218 | 198,128 | - | - | |
77 |
0 | 1,691 | - | 0 | 935 | - | - | - | 149 | - | 3,549 | - | - | - | 9,279 | 22,163 | - | - | |
9904 |
644,741 | 1.3m | 850,644 | 391,658 | 651,233 | 118,610 | 338,450 | 128,852 | 7,202 | 4,706 | 42,731 | 195,621 | 185,096 | 68,497 | 961,144 | 595,519 | 240,797 | 69,687 | |
789 |
72,527 | 72,527 | 72,527 | 72,098 | 105,984 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
689 |
315,750 | 631,500 | - | 0 | 720,978 | - | - | - | 0 | - | - | - | - | - | 412,553 | 150,000 | - | - | |
9905 |
401,519 | 784,541 | 923,172 | 463,756 | 36,238 | 118,610 | 338,450 | 128,852 | 7,202 | 4,706 | 42,731 | 195,621 | 185,096 | 68,497 | 548,591 | 445,519 | 240,797 | 69,687 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
3.8m | 3.4m | 3.1m | 2.5m | 2.1m | 2.1m | 2.2m | 1.8m | 1.7m | 1.7m | 1.7m | 1.7m | 1.6m | 1.4m | 1.5m | 1.0m | 677,631 | 436,833 | |
14P |
3.4m | 2.7m | 2.1m | 2.1m | 2.0m | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
792 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
691 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
694/7 |
150,000 | 0 | 400,000 | 400,000 | 0 | 50,000 | 200,000 | - | - | - | - | 50,000 | 100,000 | - | 125,000 | 125,000 | 75,000 | - | |
694 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | 25,000 | 25,000 | 25,000 | - | |
695 |
150,000 | 0 | 400,000 | 400,000 | 0 | 50,000 | 200,000 | - | 0 | - | - | 50,000 | 100,000 | - | 100,000 | 100,000 | 50,000 | - | |
696 |
- | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
93.1 | 81.6 | 74.2 | 66.6 | 72 | 80 | 75.5 | 61.1 | 54.1 | 46.4 | 46.1 | 42.2 | 37.5 | 35.7 | 33.4 | 28.5 | 28.5 | 21.8 | |
Men (FTE)1003 |
88.6 | 77.8 | 70.8 | 63.3 | 69.5 | 78.1 | 73.7 | 59.5 | 52.1 | 44.6 | 45.1 | 41.1 | 35.5 | 33.7 | - | - | - | - | |
Women (FTE)1003 |
4.5 | 3.8 | 3.4 | 3.3 | 2.5 | 1.9 | 1.8 | 1.6 | 2 | 1.8 | 1 | 1.1 | 2 | 2 | - | - | - | - | |
Agency workers1501 |
- | 1.9 | 2 | 0.2 | 2.5 | 0.7 | 0 | - | 1.7 | 2.3 | 0.9 | 2.2 | 1.5 | 3 | 7.6 | 1.3 | - | - | |
Hours worked1013 |
157,534 | 138,087 | 124,856 | 113,464 | 120,657 | 127,593 | 128,420 | 102,108 | 91,618 | 75,839 | 77,996 | 68,970 | 61,622 | 60,841 | 57,047 | 48,992 | 48,537 | 37,794 | |
| Document | |||||||||||||||||||
The accounts for 7 older financial years (2001-2007) were filed as documents without figures as data, scans for example.
The notes to these accounts have 93 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 14-08-2026.
2025 annual accounts filed 14 days after the deadline. Filed on 14 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00402571.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 14-08-2026 | 2026-00402571 | |
| 31-12-2024 | full format | 29-07-2025 | 2025-00324919 | |
| 31-12-2023 | full format | 30-08-2024 | 2024-00433616 | |
| 31-12-2022 | full format | 30-08-2023 | 2023-00411946 | |
| 31-12-2021 | full format | 13-07-2022 | 2022-20202755 | |
| 31-12-2020 | full format | 31-08-2021 | 2021-60500341 | |
| 31-12-2019 | full format | 21-10-2020 | 2020-62300086 | |
| 31-12-2018 | full format | 27-06-2019 | 2019-25400045 | |
| 31-12-2017 | full format | 29-06-2018 | 2018-27800466 | |
| 31-12-2016 | full format | 22-06-2017 | 2017-20400339 | |
| 31-12-2015 | full format | 23-06-2016 | 2016-21400322 | |
| 31-12-2014 | full format | 30-06-2015 | 2015-25900588 | |
| 31-12-2013 | full format | 30-06-2014 | 2014-23600131 | |
| 31-12-2012 | full format | 27-06-2013 | 2013-22400453 | |
| 31-12-2011 | full format | 17-07-2012 | 2012-30700120 | |
| 31-12-2010 | full format | 21-06-2011 | 2011-18300600 | |
| 31-12-2009 | abbreviated format | 18-06-2010 | 2010-19500207 | |
| 31-12-2008 | abbreviated format | 26-06-2009 | 2009-30400315 | |
| 31-12-2007 | abbreviated format | 24-06-2008 | 2008-28100060 | |
| 31-12-2006 | abbreviated format | 13-06-2007 | 2007-22100387 | |
| 31-12-2005 | abbreviated format | 19-06-2006 | 2006-25600285 | |
| 31-12-2004 | abbreviated format | 08-03-2005 | 2005-07004023 | |
| 31-12-2003 | abbreviated format | 12-07-2004 | 2004-44201641 | |
| 31-12-2002 | abbreviated format | 03-07-2003 | 2003-34300215 | |
| 31-12-2001 | abbreviated format | 18-07-2002 | 2002-38900032 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 4 | €5,874 | €5,929 |
| 2024 | 3 | €256,164 | €94,741 |
| 2023 | 4 | €140,181 | €48,664 |
| 2022 | 3 | €102,493 | €12,684 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.5m | 2.3m | 1.6m | 833,039 | 1.3m | 545,734 | 723,597 | 420,622 | 268,338 | 295,318 | 322,295 | 549,541 | 521,821 | 575,818 | 1.5m | 988,233 | 624,368 | 316,335 | ||
| 1.2m | 1.8m | 1.3m | 741,631 | 973,525 | 383,439 | 523,926 | 273,798 | 183,523 | 214,747 | 240,613 | 424,360 | 422,207 | 300,187 | 1.1m | 765,373 | 432,521 | 204,479 | ||
| 848,815 | 75,827 | 652,924 | 359,298 | 443,181 | 1.8m | 255,705 | 96,438 | 86,942 | 159,802 | 90,970 | 60,605 | 201,136 | 188,371 | 445,152 | 268,208 | 413,197 | 126,462 | ||
| 813,893 | -668,340 | 467,622 | 337,694 | -624,174 | -784,706 | 1.1m | 227,788 | -735,241 | 724,789 | -245,147 | 292,307 | -32,085 | -801,656 | 576,474 | -2,772 | 106,312 | - | ||
| 5.8m | 5.5m | 4.1m | 2.8m | 2.4m | 1.2m | 2.4m | 2.3m | 2.5m | 2.4m | 2.1m | 2.1m | 1.8m | 1.6m | 1.6m | 987,354 | 1.7m | 532,428 | ||
| 2.5% | 5.2% | 3.6% | 2.1% | 5.6% | 1.8% | 2.9% | 1.6% | 0.6% | 0.6% | 1.0% | 2.5% | 2.6% | 2.7% | 8.3% | 7.1% | - | - | ||
| 26.0% | 33.1% | 22.6% | 27.1% | 43.1% | 35.1% | 37.8% | 48.5% | 42.9% | 41.1% | 45.1% | 44.9% | 43.5% | 42.0% | 36.8% | 19.1% | 10.5% | 24.5% | ||
| 1.42 | 1.66 | 1.39 | 1.37 | 1.72 | 1.28 | 1.63 | 2.06 | 2.03 | 1.91 | 1.94 | 2.00 | 1.89 | 1.74 | 1.61 | 1.23 | 1.40 | 1.50 | ||
| 0.75 | 0.91 | 0.80 | 0.96 | 1.19 | 1.07 | 1.44 | 1.60 | 1.58 | 1.45 | 1.39 | 1.52 | 1.37 | 1.32 | 1.32 | 1.11 | 1.35 | 1.31 | ||
| 2.82 | 2.00 | 3.39 | 2.62 | 1.26 | 1.84 | 1.65 | 1.06 | 1.33 | 1.43 | 1.22 | 1.23 | 1.30 | 1.38 | 1.71 | 4.24 | 8.52 | 3.08 | ||
| 11.5% | 26.2% | 22.4% | 11.7% | 19.4% | 4.4% | 12.9% | 5.2% | 0.3% | 0.2% | 1.8% | 8.5% | 8.6% | 3.3% | 47.8% | 50.8% | 34.3% | 13.0% | ||
| 3.0% | 8.6% | 5.1% | 3.2% | 8.4% | 1.5% | 4.9% | 2.5% | 0.1% | 0.1% | 0.8% | 3.8% | 3.7% | 1.4% | 17.6% | 9.7% | 3.6% | 3.2% | ||
| 14.05 | 20.37 | 17.15 | 35.45 | 26.58 | 16.79 | 23.37 | 17.07 | 9.29 | 8.88 | 9.60 | 15.14 | 14.26 | 12.64 | 31.62 | 19.75 | - | - | ||
| 60 days | 59 days | 73 days | 83 days | 70 days | 68 days | 63 days | 56 days | 74 days | 66 days | 80 days | 67 days | 74 days | 71 days | 48 days | 128 days | - | - | ||
| 101 days | 74 days | 87 days | 115 days | 73 days | 80 days | 73 days | 46 days | 56 days | 76 days | 68 days | 55 days | 65 days | 63 days | 48 days | 151 days | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 97 | 89 | 78 | 68 | 71 |
| full-time | 83 | 78 | 69 | 61 | 66 |
| part-time | 14 | 11 | 9 | 7 | 5 |
| in full-time equivalents | 93.1 | 86.3 | 75.8 | 66.2 | 69.5 |
| 93.1 | 81.6 | 74.2 | 66.6 | 72 | |
| On a permanent contract | 96 | 89 | 77 | 67 | 71 |
| Joined | 26 | 29 | 44 | 30 | 45 |
| Left | 18 | 18 | 34 | 33 | 51 |
| Agency workers, average number | - | 1.9 | 2 | 0.2 | 2.5 |
| Training hours | 2,754 | 1,218 | 1,776 | 658 | 404 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €1.1m | €413,547 | €511,846 | €1.1m | €445,000 |
| Mortgages, amount registered | €1.0m | €1.0m | - | €0 | - |
| - | - | €1.0m | €1.0m | €1.0m | |
| Carrying value of the mortgaged assets | €1.3m | €1.4m | €1.8m | €1.6m | €1.7m |
| €4.0m | €2.1m | €2.1m | €1.6m | €1.6m | |
| Mandates to pledge the business | - | - | €400,000 | €400,000 | €400,000 |
| Pledge on other assets, amount secured | €255,000 | €255,000 | €255,000 | €255,000 | - |
| Carrying value of the other pledged assets | €0 | €79,988 | €163,864 | €250,148 | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €562,546 | €75,827 | €637,924 | €359,298 | €410,642 |
| Intangible fixed assets | €286,269 | - | €15,000 | - | €32,539 |
| €550,321 | €496,997 | €483,532 | €349,973 | €322,292 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The auditor is Finvision Bedrijfsrevisoren Hasselt BV.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fee for the audit | €32,210 | €24,500 | €24,500 | €23,500 | €20,910 |
| Other work by the auditor | - | - | €10,654 | €7,570 | €6,540 |
| Work by persons linked to the auditor | €11,509 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
The operating result for 2025 is 50% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total rises from 66.1% to 73.5%. Equity and debt are higher.
Older annual accounts also name 2 natural persons.
Source: parent in its own accounts, lists of holdings in the owners' accounts
Source: list of holdings in the 2024 accounts of COCO. Every holding stands with its own latest accounts.
| EMBALA
registered office since 01-04-2022 · founded in 2022 |
7.2 FTE (2026) 0783.909.656 |
| CKS SERVICE
registered office since 30-04-2009 · founded in 2009 |
7.8 FTE (2025) 0811.482.402 |
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kruishoefstraat 37 registered office 3650 Dilsen-Stokkem | 20-06-2000 | 2.100.850.348 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 72005C0610/00P000 | 1.6 ha | 1 · 3,212 m² | 23.1 m · 6 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0472.008.433
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