COATING VERMEULEN
Open bankruptcyA bankruptcy procedure is open for COATING VERMEULEN according to publications in the Belgian State Gazette; curator: BORG MOESTERMANS. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €50k and a net result of €4k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-07-2023, 5 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
5 d early
2021
54 d early
2020
2 d early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2022, micro schema
Equity
€50k▲ 8.9%
2021 · €46k
2020: €41k
2021: €46k
2020 → 2022
Total assets
€225k▲ 4.7%
2021 · €215k
2020: €177k
2021: €215k
2020 → 2022
Net result
€4k▼ 22.7%
2021 · €5k
2020: €31k
2021: €5k
2020 → 2022
Working capital
€-27k▼ 109%
2021 · €-13k
2020: €-2k
2021: €-13k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€41k-€46k▲ 13.0%€50k▲ 8.9%
Operating result€39k-€14k▼ 63.0%€12k▼ 14.7%
Net result€31k-€5k▼ 82.8%€4k▼ 22.7%
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 has fallen two years in a row; 2022 is 15% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €225k
Fixed assets
€141k▲ 1.3%
Current assets
€84k▲ 10.9%
Equity and liabilities €225k
Equity
€50k▲ 8.9%
Debt
€175k▲ 3.5%
The debt ratio falls from 78.6% to 77.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34k▲
2021 · €32k
Cash flow
€26k▲
2021 · €23k
Solvency
22.2%▲
2021 · 21.4%
Current ratio
0.75▼
2021 · 0.85
Quick ratio
0.53▼
2021 · 0.63
Debt / equity
3.50▼
2021 · 3.68
ROE
8.1%▼
2021 · 11.5%
ROA
1.8%▼
2021 · 2.4%
Interest coverage
4.97▲
2021 · 3.53
Debt
€175k▲
2021 · €169k
Debt ≤ 1 year
€111k▲
2021 · €88k
Debt > 1 year
€64k▼
2021 · €80k
Income taxes
€1k
Staff costs
€59k▲
2021 · €54k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€215k€225k▲
Fixed assets21/28€139k€141k▲
Tangible fixed assets22/27€139k€128k▼
Plant, machinery and equipment23€136k€119k▼
Furniture and vehicles24€3k€9k▲
Financial fixed assets28€80€13k▲
Current assets29/58€75k€84k▲
Stocks and contracts in progress3€19k€25k▲
Stocks30/36€19k€25k▲
Amounts receivable within one year40/41€51k€45k▼
Trade receivables40€51k€45k▼
Other amounts receivable41-€252
Cash at bank and in hand54/58-€6k
Deferred charges and accrued income490/1€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€215k€225k▲
Equity10/15€46k€50k▲
Contributions10/11€10k€10k=
Reserves13€36k€40k▲
Distributable reserves133€36k€40k▲
Amounts payable17/49€169k€175k▲
Amounts payable after more than one year17€80k€64k▼
Financial debts170/4€80k€64k▼
Amounts payable within one year42/48€88k€111k▲
Current portion of amounts payable after more than one year42€12k€29k▲
Financial debts43€18k€17k▼
Credit institutions430/8€18k€17k▼
Trade debts44€34k€53k▲
Suppliers440/4€34k€53k▲
Taxes, remuneration and social security45€18k€11k▼
Taxes450/3€10k€1k▼
Remuneration and social security454/9€7k€9k▲
Other amounts payable47/48€7k€1k▼
Accrued charges and deferred income492/3€378-
Income statement
Code20212022
Remuneration, social security and pensions62€54k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€22k▲
Other operating charges640/8€664€3k▲
Gross operating margin9900€86k€96k▲
Operating profit (loss)9901€14k€12k▼
Financial income75/76B€1€91▲
Recurring financial income75€1€91▲
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€5k€5k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€5k€4k▼
Profit (loss) for the period to be appropriated9905€5k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€4k▼
Transfer to equity691/2€5k€4k▼
To other reserves6921€5k€4k▼
Social balance
Average headcount (FTE)90871.1-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
KBO administration
Address struck
24-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · COATING VERMEULEN BV CONSERVENWEG 5/F, 2940 STABROEK · event 17-07-2025
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €4k ▼22.7%
Net result drops to €4k, the lowest in the series.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
1 establishment unit since 2019
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.
Ground area
6,570 m²
Building footprint
435 m²
Parcel 11044C0129/00G002, Flanders. Linked by address, not a title deed.
1 establishment unit
COATING VERMEULEN
since 20192.297.524.281
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11044C0129/00G002 | Flanders | 6,570 m² | 1 · 435 m² | 0.0 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BORG MOESTERMANS SUIKERRUI 5,
2000 ANTWERPEN 1 |
17-07-2025 → present |
Public money · subsidies and aid
Flemish government
2022 to 2024 · 4 entries · 2,514 EUR awarded · 2,514 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,455 EUR | 1,455 EUR |
| 2023 | 1 | 500 EUR | 500 EUR |
| 2022 | 2 | 559 EUR | 559 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
3 live approvals · 2 endedLogistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
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Of 710 companies in sector 25510 we hold annual accounts for 409. 239 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2019
Fiscal year end31-12
Activities, NACEBEL
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
43342Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@lakkerijvermeulen.be
Phone:0499629036