COCO
ActiveSummary
COCO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.61M and a net result of €-82k. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 42% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▼-50
Solvency55▼-3
Growth39▼-16
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity short (current ratio 0.19 against 0.15 in 2024; short-term debt: 29.8% and cash: 0.6% of total assets), and 70.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
29.8%
Return on assets
-1.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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 · 10 filingsDeviation from the deadline
2025
14 d late
2024
2 d early
2023
30 d late
2022
30 d late
2021
32 d early
2020
2 d early
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€663k▲ 5.4%
2018 · €628k
2018: €628k
2018 → 2019
EBIT margin
70.8%▲ 38.1pp
2018 · 32.7%
2018: 32.7%
2018 → 2019
Net result
€-82k
2024 · €236k
2018: €130k
2019: €283k
2020: €615k
2021: €-448k
2022: €255k
2023: €315k
2024: €236k
2018 → 2025
Working capital
€-1.30M▲ 50.3%
2024 · €-2.61M
2018: €-187k
2019: €112k
2020: €362k
2021: €283k
2022: €339k
2023: €-115k
2024: €-2.61M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.28M-€4.34M▲ 1.3%€4.45M▲ 2.7%€1.69M▼ 62.1%€1.61M▼ 4.9%
Operating result€176k-€283k▲ 60.8%€365k▲ 28.9%€338k▼ 7.2%€69k▼ 79.6%
Net result€-448k-€255k€315k▲ 23.8%€236k▼ 25.2%€-82k
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 80% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.39M
Fixed assets
€5.08M ▲ 7.2%
Current assets
€305k ▼ 31.7%
Equity and liabilities €5.39M
Equity
€1.61M ▼ 4.9%
Provisions
€45k ▼ 9.3%
Debt
€3.74M ▲ 8.3%
Debt's share of the balance-sheet total rises from 66.5% to 69.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€131k▼
2024 · €400k
Cash flow
€-20k▼
2024 · €298k
Current ratio
0.19▲
2024 · 0.15
Debt to equity
2.33▲
2024 · 2.05
ROE
-5.1%▼
2024 · 14.0%
ROA
-1.5%▼
2024 · 4.5%
Interest coverage
0.85▼
2024 · 19.48
Debt ≤ 1 year
€1.60M▼
2024 · €3.06M
Debt > 1 year
€2.02M▲
2024 · €389k
Income taxes
€3k▼
2024 · €88k
Staff costs
€196k▼
2024 · €217k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.19M€5.39M▲
Fixed assets21/28€4.74M€5.08M▲
Tangible fixed assets22/27€734k€672k▼
Land and buildings22€729k€670k▼
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€4.01M€4.41M▲
Current assets29/58€447k€305k▼
Amounts receivable within one year40/41€35k€265k▲
Trade receivables40€7k€134k▲
Other amounts receivable41€28k€132k▲
Cash at bank and in hand54/58€406k€35k▼
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€5.19M€5.39M▲
Equity10/15€1.69M€1.61M▼
Contributions10/11€1.13M€1.13M=
Reserves13€555k€473k▼
Non-distributable reserves130/1€9k€9k=
Reserves not available under the articles1311€9k€9k=
Tax-exempt reserves132€198k€184k▼
Distributable reserves133€348k€280k▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€50k€45k▼
Deferred taxes168€50k€45k▼
Amounts payable17/49€3.45M€3.74M▲
Amounts payable after more than one year17€389k€2.02M▲
Financial debts170/4€389k€2.02M▲
Amounts payable within one year42/48€3.06M€1.60M▼
Current portion of amounts payable after more than one year42€49k€308k▲
Trade debts44€48k€107k▲
Suppliers440/4€48k€107k▲
Taxes, remuneration and social security45€38k€71k▲
Taxes450/3€12k€48k▲
Remuneration and social security454/9€26k€23k▼
Other amounts payable47/48€2.92M€1.12M▼
Accrued charges and deferred income492/3€3k€114k▲
Income statement
Code20242025
Non-recurring operating income76A-€26k
Remuneration, social security and pensions62€217k€196k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€62k=
Other operating charges640/8€3k€34k▲
Gross operating margin9900€620k€361k▼
Operating profit (loss)9901€338k€69k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€21k€154k▲
Recurring financial charges65€21k€154k▲
Profit (loss) for the period before taxes9903€320k€-83k▼
Transfer from deferred taxes780€5k€5k=
Income taxes67/77€88k€3k▼
Profit (loss) for the period9904€236k€-82k▼
Transfer from tax-exempt reserves789€14k€14k=
Profit (loss) for the period to be appropriated9905€250k€-68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€250k€-68k▼
Transfer from equity791/2€163k€68k▼
Transfer to equity691/2€250k€0▼
To other reserves6921€250k€0▼
Profit to be distributed694/7€163k€0▼
Return on contributions (dividend)694€163k€0▼
Directors or managers695€0-
Social balance
Average headcount (FTE)90873.63.6=
The notes to these accounts (22 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
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 14 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Back to profitnet €255k
Net result €255k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-448k ▼173%
Net result drops to €-448k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €615k ▲117%
Net result €615k, the highest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 1.33
Current ratio from 0.52 to 1.33; short-term debt falls from €394k to €341k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial 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
Registered office, Dilsen-Stokkem · 1 establishment unit since 1999
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.
Europalaan 1213650 Dilsen-StokkemGround area
2,403 m²
Building footprint
342 m²
Volume, LiDAR
1,622 m³
Parcel 72005B1019/00M002, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Europalaan 121, 3650 Dilsen-Stokkem
since 19992.092.012.559
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72005B1019/00M002 | Flanders | 2,403 m² | 1 · 342 m² | 9.4 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 6,828 EUR awarded · 5,949 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 705 EUR | 705 EUR |
| 2024 | 1 | 969 EUR | 2,334 EUR |
| 2023 | 1 | 3,963 EUR | 2,313 EUR |
| 2022 | 1 | 1,191 EUR | 597 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 506 companies in sector 47713 we hold annual accounts for 197. 60 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-1999
Fiscal year end31-12
Activities, NACEBEL 2025
47713Retail trade
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.