COATEQ
The computed 12-month bankruptcy probability of COATEQ is 2.5% (moderate). The 2024 annual accounts show equity of €178k and a net result of €-1k. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 15% of 773 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €178k |
| Net result | €-1k |
| Staff (FTE) | 1 |
| Better than sector | 15% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 5.9% | 39.6% | |
| Net result | €-1k | €15k | |
| Equity | €178k | €45k | |
| Gross operating margin | €91k | €40k | |
| Staff costs | €69k | €38k |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €20k |
| Net profit | €-1k |
| Cash flow | €12k |
| Staff costs | €69k |
| Income taxes | €7k |
| Dividends | - |
| Total assets | €3.03M |
| Equity | €178k |
| Debt | €2.85M |
| of which ≤ 1y | €2.80M |
| of which > 1y | €48k |
| Working capital | €199k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 1.07 |
| Quick ratio | 0.58 |
| Working capital ratio | 6.6% |
| Solvency | 5.9% |
| Debt / equity | 15.97 |
| Long-term debt ratio | 0.27 |
| Interest coverage | 6.38 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.0% |
| ROE | -0.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.03M |
| Fixed assets | 21/28 | €28k |
| Tangible fixed assets | 22/27 | €28k |
| Current assets | 29/58 | €3.00M |
| Stocks & contracts in progress | 3 | €1.39M |
| Amounts receivable within one year | 40/41 | €677k |
| Cash & bank | 54/58 | €902k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.03M |
| Equity | 10/15 | €178k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €158k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €2.85M |
| Amounts payable after one year | 17 | €48k |
| Amounts payable within one year | 42/48 | €2.80M |
| Trade debts payable within one year | 44 | €349k |
| Income statement | ||
| Gross operating margin | 9900 | €91k |
| Operating result | 9901 | €6k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €6k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €-1k |
| Result to be appropriated | 9905 | €-1k |
Former directors (1)
-
Winry BlanckeDirectorState Gazette act 23015684 (01-02-2023)Former- → 20-01-2023
| NACE primary | Installatie van industriële machines, toestellen en werktuigen(33200) |
| Legal form | Private limited company(610) |
| Incorporation | 21-01-2021 |
| Status | Active |
| Postal code | 7700 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B1257/00G002 | Wallonia | 800 m² | 1 · 231 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-05-2023 Registered office moved from Meulebeke to Zulte
- Ambachtenlaan 17 te 8760 Meulebeke → Grote Steenweg 38/5 9870 Zulte
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Grote Steenweg 38/5 9870 Zulte",
"city": "Zulte",
"region": "vlaams_gewest",
"street": "Grote Steenweg",
"country": "BE",
"postcode": "9870",
"box_number": "5",
"street_number": "38",
"locality_suffix": null
},
"old_address": {
"raw": "Ambachtenlaan 17 te 8760 Meulebeke",
"city": "Meulebeke",
"region": "vlaams_gewest",
"street": "Ambachtenlaan",
"country": "BE",
"postcode": "8760",
"box_number": null,
"street_number": "17",
"locality_suffix": null
},
"effective_date": "2023-04-27",
"evidence_quote": "Het bestuursorgaan beslist om met ingang vanaf 27/04/2023 de zetel te verplaatsen naar \u0022Grote Steenweg 38/5 9870 Zulte\u0022.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Meulebeke",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-05-05",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2023-04-27",
"unanimous": null
},
"subject_company": {
"kbo": "0761.893.527",
"name_full": "Coating Projects",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Van de Putte Corrie",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": []
}01-02-2023 Winry Blancke resigns as director
- Winry Blancke, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Winry Blancke",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2023-01-20",
"evidence_quote": "Op 20 januari 2023 heeft de heer Winry Blancke met onmiddellijke irigarg ontslag genomen als bestuurder van BV Coating Projects",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "substantive_delegation",
"role": "delegated_bestuurder",
"person": {
"rrn": null,
"name": "Lisa De Decker",
"address": null,
"birth_date": null,
"profession": "advocaat",
"birth_place": null
},
"reason": null,
"subkind": "additional",
"via_org": {
"kbo": "0493.620.727",
"name": "DLPA Advocateri",
"address": "Spinnerijstraat 99 bus 22, 8500 Kortrijk",
"country": "BE",
"legal_form": "CVBA"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Oridergetekende, de heer Winny Blancke geeft, met betrekking tot zijn ontslag als bestuurder van de BV Coating Projects, met zetel te 8760 Meulebeke, Ambachtenlaan 17 en met oridernemingsrummer 0761.893.527, volmacht aan meester Lisa De Decker en elke andere advocaat bij CVBA DLPA Advocateri",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "substantive_delegation",
"role": "delegated_bestuurder",
"person": {
"rrn": null,
"name": "Lisa De Decker",
"address": null,
"birth_date": null,
"profession": "advocaat",
"birth_place": null
},
"reason": null,
"subkind": "additional",
"via_org": {
"kbo": "0493.620.727",
"name": "DLPA Advocateri",
"address": "Spinnerijstraat 99 bus 22, 8500 Kortrijk",
"country": "BE",
"legal_form": "CVBA"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Oridergetekende, de heer Winny Blancke geeft, met betrekking tot zijn ontslag als bestuurder van de BV Coating Projects, met zetel te 8760 Meulebeke, Ambachtenlaan 17 en met oridernemingsrummer 0761.893.527, volmacht aan meester Lisa De Decker en elke andere advocaat bij CVBA DLPA Advocateri",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Luik",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-02-01",
"filing_date": "2023-01-23",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "enig_aandeelhouder_schriftelijk",
"date": "2023-01-20",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0761.893.527",
"name_full": "Coating Projects",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Lisa De Decker",
"org_rep_person_name": null,
"person_role_at_subject": "Bijzonder gevolmachtigde"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | COATEQ |