Skip to content

CO-EX

Active
Private limited companyfounded 2009active for 17 yearsSpekstraat 22, 3020 Herent, BelgiumKBO/BCE: BE 0814.781.687
Summary

CO-EX has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €516,843 and a net result of €129,363. Equity has been growing by about 6.2% per year since 2018. Its solvency ranks better than 55% of 11,771 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 22-06-2009 Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyors NACE 71121
Establishment unit
2.180.291.566 3020 Herent, since 22-06-2009
Financial year end
31 December
Peppol
Reachable since 14-02-2025

Board and ownership

Board

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€261,875
▲ 14.1%
Turnover
≈ €680,000
estimated
Profit
€129,363
▲ 21.7%
Equity
€516,843
▲ 18.0%
Total assets
€872,251
▲ 8.3%
Filed on 31-07-2026, on time
Score breakdownlowers riskSize: total assets €872,251Liquidity: current ratio 1.56, cash €315,905Figures for financial year 2025 (filed on 04-08-2026)Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency 84+5
equity 59.3% of total assets
Liquidity 83+12
short-term debt 30.0% · cash 36.2%
Profitability 87+2
return on assets 14.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,825 companies, NACE 71, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025highest value 10-2025: < 0.1%▼ -0.2 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.56 (1.33 in 2024), above the usual 1.5. Short-term debt is 30% and cash 36.2% of total assets. 40.7% of the assets are financed with debt and provisions.
Calculation

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 71, micro). It does better than 57% of them on solvency, 72% on liquidity, 60% on profitability and 65% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €872,251
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.56, cash €315,905
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 04-08-2026)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
30 days late
2023
19 days late
2022
48 days late
2021
3 days early
2020
26 days late
2019
66 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in architecture and engineeringsector median €16,709 · 11,773 companies €129,363 View
  • Positive: 8 profitable years in a rowprofit 2025: €129,363 8 years View

Recent changes

  1. · Gazette deed Appointment: RILLAERS Thierry (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as CO-EX: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €799,000 and €992,000, founded between 2007 and 2010.

CompanyTotal assetsGross margin
CO-EX Herent€872,251€261,875
YCON Herent€854,763€254,624
LANDarchitecten Landen€851,066€223,958
FRANK ULBURGHS INDUSTRIAL PROJECTS ENGINEERING Tervuren€857,523€217,836
ECJ Automation Lille€799,451€250,705
2Build Consulting Rixensart€872,138€262,485
HEUSE & ROZNOWSKI Juprelle€991,940€261,924
Full comparison

Key facts about CO-EX

What is the company number of CO-EX?
The company number of CO-EX is 0814.781.687. The VAT number is the same number with BE in front: BE 0814.781.687.
Where is CO-EX based?
The registered office is at Spekstraat 22, 3020 Herent.Company details
What does CO-EX do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of CO-EX?
The legal form of CO-EX is Private limited company (BV).
When was CO-EX founded?
CO-EX was founded on 22-06-2009.
Is CO-EX still active?
Yes, CO-EX is an active enterprise in the KBO register.
What is the turnover of CO-EX?
The turnover in financial year 2025 is ≈ €680,000. This figure is estimated from the gross margin of €261,875 and 40 comparable companies (NACE 711). It probably lies between €450,000 and €850,000.Financials
Is CO-EX profitable?
In financial year 2025, CO-EX made a profit of €129,363.
Where can I find the annual accounts of CO-EX?
CO-EX filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CO-EX due?
CO-EX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.