Financials
- Financial year
- 2022
- Turnover
- €54,449
- Profit
- €15,373
- Solvency
- -19.2%
Turnover▼ 76.5%
Net result
20192022
CO-ORDINATION
ActiveSummary
The computed 12-month bankruptcy probability of CO-ORDINATION is 3.4% (moderate). For CO-ORDINATION, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€4,042) and a net result of €15,373. Its solvency ranks better than 8% of 1,067 sector peers (NACE 73, financial year 2022). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Advertising agencies
NACE 73110
1 site
Size
€54,449turnover 2022
- Equity
- -€4,042
- Profit
- €15,373
Financial health
- Bankruptcy probabilitywithin 12 months
- 3.4%
2022 figures too old to score
Structure
Accounts 800 days overdue1 of 4 deeds read
Signalsraises riskFigures for financial year 2022 (filed 03-10-2023)3 financial years not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 lateTwo or more financial years not filedlowers riskFounded in 1988Sector: Advertising, market research and public relations activities (NACE 73)neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2019
Weak
Solvency
6-30
equity -19.2% of total assets
Liquidity
19+16
short-term debt 119.2% · cash 15.5%
Profitability
100+29
return on assets 72.9%
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%lowest value
12-2024: 1.3%▲ +0.3 percentage points vs 11-2024
01-2025: 2.4%▲ +1.1 percentage points vs 12-2024
02-2025: 2.4%● unchanged vs 01-2025
03-2025: 2.4%● unchanged vs 02-2025
04-2025: 2.2%▼ -0.2 percentage points vs 03-2025
05-2025: 2.2%● unchanged vs 04-2025
06-2025: 2.2%● unchanged vs 05-2025
07-2025: 2.2%● unchanged vs 06-2025
08-2025: 3.2%▲ +1.0 percentage point vs 07-2025
09-2025: 3.2%● unchanged vs 08-2025
10-2025: 3.2%● unchanged vs 09-2025
11-2025: 3.6%▲ +0.4 percentage points vs 10-2025highest value
12-2025: 3.6%● unchanged vs 11-2025highest value
01-2026: 3.6%● unchanged vs 12-2025highest value
02-2026: 3.6%● unchanged vs 01-2026highest value
03-2026: 3.6%● unchanged vs 02-2026highest value
04-2026: 3.6%● unchanged vs 03-2026highest value
05-2026: 3.6%● unchanged vs 04-2026highest value
06-2026: 3.6%● unchanged vs 05-2026highest value
07-2026: 3.6%● unchanged vs 06-2026highest value
08-2026: 3.4%▼ -0.2 percentage points vs 07-2026
09-2026: 3.4%● unchanged vs 08-2026
10-2026: 3.4%● unchanged vs 09-2026
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Signals
Six signals.
−lowers risk+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 year end31-07-2024 deadline09-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-09-2023, 60 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
60 days late
2019
83 days late
2017
85 days late
2014
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 72 days after the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
- Resignation: Jacques COERTEN (managing director)Appointment: Mieke DEFUSTER (managing director)
- Annual accounts filedfinancial year 2022 · full…
- Annual accounts filedfinancial year 2019 · full…
Key points
- Risk: Accounts not fileddeadline was 31-07-2024 800 days late View
- Risk: Negative equityfinancial year 2022: debts exceed assets -€4,042 View
- Caution: Among the weakest 9% on solvencysector median 42.0% · 1,067 companies -19.2% View
- Board changedlatest change 09-02-2026 · 0 in office 1 joined · 1 left View
By topic
Timeline
- Events
- 29
- Since
- 1990
- 24-10-2018Annual accounts filed
- 28-01-2016Annual accounts filed
- 28-01-2016Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Advertising agenciesNACE 73110
- Founded
- 30-09-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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