Coating Service Luc
ActiveCoating Service Luc has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224k and a net result of €206k. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 22% of 1030 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▼-5
Solvency48▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.0 in 2024; short-term debt: 25.6% and cash: 16.3% of total assets), and 76.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.2%
Return on assets
21.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1030 sector peers (2025).
NBB · sector comparisonPosition among 1030 sector peers
Solvency
better than 22%
← weakest
strongest →
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 filingsDeviation from the deadline
2025
on the day
2024
28 d late
2023
29 d late
2022
56 d early
2021
60 d early
2020
61 d early
2019
59 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€224k▼ 21.0%
2024 · €284k
2018: €59k
2019: €116k
2020: €153k
2021: €200k
2022: €244k
2023: €116k
2024: €284k
2018 → 2025
Total assets
€968k▲ 7.9%
2024 · €897k
2018: €171k
2019: €253k
2020: €866k
2021: €872k
2022: €757k
2023: €883k
2024: €897k
2018 → 2025
Net result
€206k▼ 27.9%
2024 · €285k
2018: €37k
2019: €94k
2020: €37k
2021: €47k
2022: €43k
2023: €108k
2024: €285k
2018 → 2025
Working capital
€82k▲ 103,588%
2024 · €79
2018: €24k
2019: €81k
2020: €-2k
2021: €6k
2022: €41k
2023: €-115k
2024: €79
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€200k-€244k▲ 21.7%€116k▼ 52.4%€284k▲ 144%€224k▼ 21.0%
Operating result€57k-€62k▲ 8.8%€155k▲ 149%€383k▲ 148%€265k▼ 30.9%
Net result€47k-€43k▼ 7.6%€108k▲ 148%€285k▲ 165%€206k▼ 27.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €968k
Fixed assets
€638k▲ 3.9%
Current assets
€330k▲ 16.7%
Equity and liabilities €968k
Equity
€224k▼ 21.0%
Debt
€744k▲ 21.3%
The debt ratio rises from 68.4% to 76.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€356k▼
2024 · €471k
Cash flow
€297k▼
2024 · €374k
Solvency
23.2%▼
2024 · 31.6%
Current ratio
1.33▲
2024 · 1.00
Quick ratio
1.33▲
2024 · 1.00
Debt / equity
3.32▲
2024 · 2.16
ROE
91.7%▼
2024 · 100.6%
ROA
21.2%▼
2024 · 31.8%
Interest coverage
32.75▼
2024 · 48.57
Debt
€744k▲
2024 · €613k
Debt ≤ 1 year
€248k▼
2024 · €283k
Debt > 1 year
€496k▲
2024 · €330k
Income taxes
€48k▼
2024 · €90k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€897k€968k▲
Fixed assets21/28€614k€638k▲
Tangible fixed assets22/27€614k€638k▲
Land and buildings22€430k€406k▼
Plant, machinery and equipment23€72k€85k▲
Furniture and vehicles24€112k€147k▲
Current assets29/58€283k€330k▲
Amounts receivable within one year40/41€42k€157k▲
Trade receivables40€41k€133k▲
Other amounts receivable41€869€23k▲
Cash at bank and in hand54/58€180k€158k▼
Deferred charges and accrued income490/1€61k€16k▼
Equity and liabilities
Total equity and liabilities10/49€897k€968k▲
Equity10/15€284k€224k▼
Contributions10/11€19k€19k=
Reserves13€265k€206k▼
Distributable reserves133€265k€206k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€613k€744k▲
Amounts payable after more than one year17€330k€496k▲
Financial debts170/4€330k€496k▲
Amounts payable within one year42/48€283k€248k▼
Current portion of amounts payable after more than one year42€68k€132k▲
Trade debts44€35k€44k▲
Suppliers440/4€35k€44k▲
Taxes, remuneration and social security45€74k€41k▼
Taxes450/3€74k€41k▼
Other amounts payable47/48€106k€31k▼
Income statement
Code20242025
Non-recurring operating income76A€22k€12k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€91k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-2k
Other operating charges640/8€15k€8k▼
Gross operating margin9900€486k€362k▼
Operating profit (loss)9901€383k€265k▼
Financial income75/76B€2k€46▼
Recurring financial income75€2k€46▼
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€375k€254k▼
Income taxes67/77€90k€48k▼
Profit (loss) for the period9904€285k€206k▼
Profit (loss) for the period to be appropriated9905€285k€206k▼
Appropriation of the result
Profit (loss) to be appropriated9906€285k€206k▼
Transfer from equity791/2-€265k
Transfer to equity691/2€168k€206k▲
To other reserves6921€168k€206k▲
Profit to be distributed694/7€118k€265k▲
Return on contributions (dividend)694€118k€265k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €285k ▲165%
Operating result €383k, net result €285k, both a record.
31-12
Financial
Equity above €200kEq €284k ▲144%
7 profitable years in a row build equity to €284k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €200k ▲30.7%
4 profitable years in a row build equity to €200k.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €37k ▼60.6%
Net result drops to €37k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €153k ▲31.7%
3 profitable years in a row build equity to €153k.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €116k ▲96.4%
2 profitable years in a row build equity to €116k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Bilzen-Hoeselt · 2 establishment units since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kraailingenveld 223740 Bilzen-HoeseltGround area
2.6 ha
Building footprint
1.2 ha
Volume, LiDAR
807 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
CLS EUROPE
since 20132.223.731.433
Kieleberg 4F, 3740 Bilzen-Hoeselt
since 20222.338.784.717
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73006A0028/00N002 | Flanders | 2.5 ha | 1 · 1.1 ha | - |
| 73005A0321/00H000 | Flanders | 988 m² | 1 · 150 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 399 EUR awarded · 399 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 399 EUR | 399 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,464 companies in sector 25530 we hold annual accounts for 1,658. 1,349 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-2013
Fiscal year end31-12
Abbreviation NL
CLS Europe
Activities, NACEBEL
25530Machining of metals
43230Insulation installation
43291Specialised construction activities
43341Painting of buildings
43342Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.