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COATINC LENSSEN

Active
Public limited companyfounded 1988active for 38 yearsHenry Fordlaan 29, 3600 Genk, BelgiumKBO/BCE: BE 0434.042.930
Summary

COATINC LENSSEN has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of €13,063, of which €26,500 non-recurring income. Equity is growing by about 5.5% per year across the filed financial years. Its solvency ranks better than 71% of 144 sector peers (NACE 24, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
COATINC LENSSENActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of basic metals
NACE 24100Coating of metals NACE 25510
5th largest employer in Limburg, Basic metals sector1 site
Size
€4.2mtotal assets 2025
Staff
60.9 FTE
Equity
€2.8m
Profit
€13,063
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
COATINC NINOVE · 60%
Board
4 members
Holdings
1
Auditor: Grant Thornton CVBA2025 accounts 28 days early
Why 95raises riskSector: Manufacture of basic metals (NACE 24)Profit of €13,063 (financial year 2025)lowers riskFounded in 1988Equity €2.8m (67.1% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 70% of its sector peers (NACE 24, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 92+7
equity 67.1% of total assets
Liquidity 50+6
short-term debt 27.5% · cash 9.0%
Profitability 69+63
return on assets 0.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (47 companies, NACE 24, medium-sized)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.4 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.6%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.5 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €260,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.71, compared with 2.17 in 2024, above the usual 1.5; short-term debt: 27.5% and cash: 9% of total assets), and 32.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 24, medium-sized): better than 80% on solvency, 78% on liquidity, 78% on profitability and 44% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Manufacture of basic metals (NACE 24)
KBO
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €2.8m (67.1% of total assets)
NBB · annual accounts
raises risk · Profit of €13,063 (financial year 2025)
NBB · annual accounts
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
38 days early
2023
43 days early
2022
31 days early
2021
54 days early
2020
16 days early
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 24) for financial year 2024 is 15 days before the deadline, and 29% 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 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €13,063
  3. Reappointment: Grant Thornton CVBA (statutory auditor)Permanent representative: M.F.G. Miclotte

Key points

  • Positive: Back in profit in 2025after -€474,299 in 2024 €13,063 View
  • Positive: 5th largest employer in Limburg, Basic metals sectorin the Checked rankings No. 5 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by COATINC NINOVEultimately: The Coatinc Company Holding… 60% View

By topic

Financials

Financial year
2025
Total assets
€4.2m
Profit
€13,063
Solvency
67.1%
Total assets▼ 9.9%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
COATINC NINOVE · 60%
Auditor
Grant Thornton CVBA
  • MANAGEMENT EN ADVIES DUPONT-THIRYChair
  • Debruyne LeoDirector
  • KeTineDirector
  • MANAGEMENT EN ADVIES TEN BERGManaging director
Go to Board & ownership

Network & group

Group
The Coatinc Company Holding…
Holdings
1
Connected companies
6

1 holding

Go to Network & group

Timeline

Events
60
Since
1990
Next accounts
by 31-07-2027
  1. 23-06-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 18-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of basic metalsNACE 24100
Founded
19-04-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“Werkplaats voor de bescherming, de decoratie, de verdeling, de bekleding of andere…” (deed in Dutch)
Go to Articles of association

Key facts about COATINC LENSSEN

What is the company number of COATINC LENSSEN?
0434.042.930. In Belgium the VAT number is the company number with BE in front: BE 0434.042.930.
Where is COATINC LENSSEN based?
The registered office is at Henry Fordlaan 29, 3600 Genk.Company details
What does COATINC LENSSEN do?
According to the KBO register, the main activity is manufacture of basic metals (NACE 24100).
What is the legal form of COATINC LENSSEN?
Public limited company (NV).
When was COATINC LENSSEN founded?
On 19-04-1988.
Is COATINC LENSSEN still active?
Yes, COATINC LENSSEN is an active enterprise in the KBO register.
How many employees does COATINC LENSSEN have?
On average 60.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of COATINC LENSSEN?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is COATINC LENSSEN profitable?
In financial year 2025, COATINC LENSSEN made a profit of €13,063.
Where can I find the annual accounts of COATINC LENSSEN?
COATINC LENSSEN filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COATINC LENSSEN due?
By 31-07-2027, for financial year 2026.Timeline

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