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co-RE²

Active Risk: not assessed
Private limited companyfounded 20224 yrs activeVrouw van Mechelenstraat 17, 2800 Mechelen, BelgiumKBO/BCE: BE 0790.712.029
Summary

co-RE² is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €43,938 and a net result of -€18,136. Its solvency ranks better than 16% of 9866 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
30 d late
2023
71 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 51 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

Co-RE² was incorporated on 12 September 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€43,938▼ 29.2%
2023 · €62,074
Net result
-€18,136▼ 58.7%
2023 · -€11,426
Total assets
€372,625▼ 1.8%
2023 · €379,375
Solvency
11.8%▼ 4.6pp
2023 · 16.4%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€8,066--€3,519▲ 56.4%
Net result-€11,426below the sector's middle half--€18,136below the sector's middle half▼ 58.7%
Equity€62,074within the sector's middle half-€43,938within the sector's middle half▼ 29.2%
Total assets€379,375within the sector's middle half-€372,625within the sector's middle half▼ 1.8%
Debt€317,301-€328,687▲ 3.6%
Working capital-€122,472--€9,145▲ 92.5%
Solvency16.4%below the sector's middle half-11.8%below the sector's middle half▼ 4.6pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€8,066-€8,066Net result 2023: -€11,426-€11,426Operating result 2024: -€3,519-€3,519Net result 2024: -€18,136-€18,13620232024-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€8,066-€8,070Net result 2023: -€11,426-€11,400Operating result 2024: -€3,519-€3,520Net result 2024: -€18,136-€18,10020232024
The operating result stays negative: a loss of €3,519 in 2024 against €8,066 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €372,625
Fixed assets €333,343 =
Current assets €39,281 ▼ 14.7%
Equity and liabilities €372,625
Equity €43,938 ▼ 29.2%
Debt €328,687 ▲ 3.6%
Debt's share of the balance-sheet total rises from 83.6% to 88.2%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
ROE
-41.3%▼
2023 · -18.4%
ROA
-4.9%▼
2023 · -3.0%
Debt ≤ 1 year
€48,426▼
2023 · €168,504
Debt > 1 year
€258,250▲
2023 · €143,250
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€379,375€372,625▼
Fixed assets21/28€333,343€333,343=
Financial fixed assets28€333,343€333,343=
Current assets29/58€46,032€39,281▼
Amounts receivable within one year40/41€36,750€36,750=
Other amounts receivable41€36,750€36,750=
Cash at bank and in hand54/58€9,282€2,531▼
Equity and liabilities
Total equity and liabilities10/49€379,375€372,625▼
Equity10/15€62,074€43,938▼
Contributions10/11€73,500€73,500=
Profit (loss) carried forward14-€11,426-€29,562▼
Amounts payable17/49€317,301€328,687▲
Amounts payable after more than one year17€143,250€258,250▲
Financial debts170/4€143,250€258,250▲
Amounts payable within one year42/48€168,504€48,426▼
Trade debts44€171€93▼
Suppliers440/4€171€93▼
Other amounts payable47/48€168,333€48,333▼
Accrued charges and deferred income492/3€5,547€22,011▲
Income statement Code20232024
Other operating charges640/8€646€1,003▲
Gross operating margin9900-€7,420-€2,516▲
Operating profit (loss)9901-€8,066-€3,519▲
Financial charges65/66B€3,360€14,617▲
Recurring financial charges65€3,360€14,617▲
Profit (loss) for the period before taxes9903-€11,426-€18,136▼
Profit (loss) for the period9904-€11,426-€18,136▼
Profit (loss) for the period to be appropriated9905-€11,426-€18,136▼
Appropriation of the result
Profit (loss) to be appropriated9906-€11,426-€29,562▼
Profit (loss) brought forward from the previous period14P--€11,426

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

Line20232024Change
Other operating charges640/8€646€1,003▲ 55.3%
Gross operating margin9900-€7,420-€2,516▲ 66.1%
Operating profit (loss)9901-€8,066-€3,519▲ 56.4%
Financial charges65/66B€3,360€14,617▲ 335%
Recurring financial charges65€3,360€14,617▲ 335%
Profit (loss) for the period before taxes9903-€11,426-€18,136▼ 58.7%
Profit (loss) for the period9904-€11,426-€18,136▼ 58.7%
Profit (loss) for the period to be appropriated9905-€11,426-€18,136▼ 58.7%
Line20232024Change
Assets
Total assets20/58€379,375€372,625▼ 1.8%
Fixed assets21/28€333,343€333,343=
Financial fixed assets28€333,343€333,343=
Current assets29/58€46,032€39,281▼ 14.7%
Amounts receivable within one year40/41€36,750€36,750=
Other amounts receivable41€36,750€36,750=
Cash at bank and in hand54/58€9,282€2,531▼ 72.7%
Equity and liabilities
Total equity and liabilities10/49€379,375€372,625▼ 1.8%
Equity10/15€62,074€43,938▼ 29.2%
Contributions10/11€73,500€73,500=
Profit (loss) carried forward14-€11,426-€29,562▼ 159%
Amounts payable17/49€317,301€328,687▲ 3.6%
Amounts payable after more than one year17€143,250€258,250▲ 80.3%
Financial debts170/4€143,250€258,250▲ 80.3%
Amounts payable within one year42/48€168,504€48,426▼ 71.3%
Trade debts44€171€93▼ 46.0%
Suppliers440/4€171€93▼ 46.0%
Other amounts payable47/48€168,333€48,333▼ 71.3%
Accrued charges and deferred income492/3€5,547€22,011▲ 297%
Line20232024Change
Profit (loss) for the period9904-€11,426-€18,136▼ 58.7%
Operating cash flow (approximation)-€11,426-€18,136▼ 58.7%
Investment in fixed assets (approximation)-€0-
Change in cash--€6,751-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
10-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Mechelen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
58 m²
Building footprint
58 m²
Volume, LiDAR
503 m³
Parcel 12025A0023/00B000, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
co-RE²
Vrouw van Mechelenstraat 17, 2800 MechelenHoldings
since 20222.336.766.028
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12025A0023/00B000
ProtectedTownscape or village viewGroot BegijnhofSource ↗
Flanders 58 m² 1 · 58 m² 12.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of co-RE² and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 10,011 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0790712029
Also 9925:BE0790712029

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.