Coconuts
ActiveSummary
Coconuts has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2,947) and a net result of -€5,021. Equity is shrinking by about 35% per year across the filed financial years. Its solvency ranks better than 9% of 8,540 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
- Equity
- -€2,947
- Loss
- -€5,021
Why 53raises riskCapped at 59: negative equityNegative equity -€2,9471 change of registered office in 24 monthsLoss of €5,021, the second in a row (financial year 2025)lowers riskSize: total assets €10,345Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 73, micro): better than 5% on solvency, 20% on liquidity, 6% on profitability and 2% on growth.
The bankruptcy probability was computed on 25-10-2026 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
This company filed its last 7 accounts on average 29 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered-office move · Director in…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €4,955 in 2025 against €10,980 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.4% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,906 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,512 | €4,390 | €4,054 | €4,523 | €4,961 | €5,021 | €3,388 | €2,671 | ▼ 21.2% |
| Other operating charges640/8 | - | - | - | €449 | €450 | €493 | €465 | €295 | ▼ 36.7% |
| Gross operating margin9900 | €20,839 | €37,317 | -€6,600 | -€10,320 | -€6,128 | -€8,608 | -€7,126 | -€1,989 | ▲ 72.1% |
| Operating profit (loss)9901 | €19,125 | €32,481 | -€11,102 | -€15,291 | -€11,538 | -€14,123 | -€10,980 | -€4,955 | ▲ 54.9% |
| Financial income75/76B | - | - | - | €9 | €0 | - | - | - | - |
| Recurring financial income75 | €0 | €0 | - | €9 | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €85 | €72 | €82 | €78 | €66 | ▼ 15.4% |
| Recurring financial charges65 | €76 | €442 | €157 | €85 | €72 | €82 | €78 | €66 | ▼ 15.4% |
| Profit (loss) for the period before taxes9903 | €19,049 | €32,040 | -€11,259 | -€15,367 | -€11,610 | -€14,205 | -€11,058 | -€5,021 | ▲ 54.6% |
| Income taxes67/77 | €4,614 | €7,292 | €136 | €42 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €14,436 | €24,748 | -€11,395 | -€15,409 | -€11,610 | -€14,205 | -€11,058 | -€5,021 | ▲ 54.6% |
| Profit (loss) for the period to be appropriated9905 | €14,436 | €24,748 | -€11,395 | -€15,409 | -€11,610 | -€14,205 | -€11,058 | -€5,021 | ▲ 54.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €62,457 | €97,250 | €56,661 | €39,762 | €30,816 | €20,578 | €15,510 | €10,345 | ▼ 33.3% |
| Fixed assets21/28 | €5,520 | €22,154 | €23,360 | €22,306 | €17,345 | €13,317 | €9,929 | €7,258 | ▼ 26.9% |
| Tangible fixed assets22/27 | €5,520 | €22,154 | €23,360 | €22,306 | €17,345 | €13,317 | €9,929 | €7,258 | ▼ 26.9% |
| Plant, machinery and equipment23 | - | - | - | - | - | €932 | €601 | €270 | ▼ 55.1% |
| Furniture and vehicles24 | - | - | - | €3,127 | €2,017 | €906 | €121 | €52 | ▼ 57.1% |
| Other tangible fixed assets26 | - | - | - | €19,179 | €15,329 | €11,478 | €9,207 | €6,936 | ▼ 24.7% |
| Current assets29/58 | €56,936 | €75,096 | €33,301 | €17,456 | €13,470 | €7,261 | €5,581 | €3,087 | ▼ 44.7% |
| Amounts receivable within one year40/41 | €17,953 | €17,008 | €1,146 | €1,976 | €229 | €1,699 | €235 | €79 | ▼ 66.5% |
| Trade receivables40 | - | - | - | €483 | €0 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €1,493 | €229 | €1,699 | €235 | €79 | ▼ 66.5% |
| Cash at bank and in hand54/58 | €38,984 | €56,995 | €31,554 | €15,383 | €13,189 | €5,507 | €5,346 | €3,009 | ▼ 43.7% |
| Deferred charges and accrued income490/1 | - | - | - | €97 | €53 | €56 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €62,457 | €97,250 | €56,661 | €39,762 | €30,816 | €20,578 | €15,510 | €10,345 | ▼ 33.3% |
| Equity10/15 | €41,803 | €65,751 | €54,356 | €38,947 | €27,337 | €13,131 | €2,073 | -€2,947 | - |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €59,551 | €48,156 | €32,747 | €21,137 | €6,931 | €6,931 | €6,931 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €30,887 | €19,277 | €5,071 | €6,931 | €6,931 | = |
| Profit (loss) carried forward14 | €33,743 | €20,108 | €33,743 | - | - | - | -€11,058 | -€16,079 | ▼ 45.4% |
| Amounts payable17/49 | €20,654 | €31,499 | €2,305 | €815 | €3,479 | €7,447 | €13,436 | €13,292 | ▼ 1.1% |
| Amounts payable within one year42/48 | €20,654 | €31,385 | €2,238 | €815 | €3,479 | €7,447 | €13,436 | €13,292 | ▼ 1.1% |
| Financial debts43 | - | - | - | €0 | - | €1,404 | - | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | €1,404 | - | - | - |
| Trade debts44 | €4,257 | €6,836 | €1,527 | €815 | €565 | €96 | €649 | - | - |
| Suppliers440/4 | - | - | - | €815 | €565 | €96 | €649 | - | - |
| Other amounts payable47/48 | - | - | - | €0 | €2,914 | €5,947 | €12,787 | €13,292 | ▲ 4.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,436 | €24,748 | -€11,395 | -€15,409 | -€11,610 | -€14,205 | -€11,058 | -€5,021 | ▲ 54.6% |
| + Depreciation and write-downs630 | €1,512 | €4,390 | €4,054 | €4,523 | €4,961 | €5,021 | €3,388 | €2,671 | ▼ 21.2% |
| Operating cash flow (approximation) | €15,948 | €29,138 | -€7,341 | -€10,886 | -€6,650 | -€9,184 | -€7,670 | -€2,349 | ▲ 69.4% |
| Investment in fixed assets (approximation) | - | -€21,024 | -€5,260 | -€3,469 | €0 | -€993 | €0 | €0 | - |
| Change in cash | - | €18,011 | -€25,441 | -€16,171 | -€2,194 | -€7,682 | -€161 | -€2,337 | ▼ 1,349% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 23-06-2026 | 2026-00185414 |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00315305 |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00281259 |
| 31-12-2022 | micro format | 08-06-2023 | 2023-00125677 |
| 31-12-2021 | micro format | 01-06-2022 | 2022-20047574 |
| 31-12-2020 | micro format | 18-06-2021 | 2021-22900114 |
| 31-12-2019 | micro format | 31-07-2020 | 2020-38600233 |
| 31-12-2018 | micro format | 18-07-2019 | 2019-35300513 |
| 31-12-2017 | micro format | 25-06-2018 | 2018-24000286 |
Similar companies · same sector and region
Subsidies and aid
Flemish government
2023 · 1 entry · €855 awarded · €855 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| SANCTORUM Valerie Lisette Gilberte |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-05
Gazette deed
Registered officeRegistered-office move · Director in office3 facts ▸
- General meeting, 04-01-2026
- Registered-office move, Poeldreef 71 - 2950 Kapellen
- Director in office, Sanctorum Valerie Lisette (director)
11-04
Gazette deed
Reappointment: SANCTORUM Valerie Lisette Gilberte (director)Permanent representative: SANCTORUM Valerie Lisette Gilberte · Amendment of the articles · Capital conversion10 facts ▸
- General meeting, 02-04-2024
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “overeenkomstig vormen en meerderheden statutenwijziging, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “verslag voorwerpwijziging en neerlegging, verslag van de bestuurder” (deed in Dutch)
- Capital
- Registered office clause, “2040 Antwerpen-Zandvliet,Zandvlietse Dorpstraat 23A” (deed in Dutch)
- Director reappointment, SANCTORUM Valerie Lisette Gilberte (director)
- Permanent representative, SANCTORUM Valerie Lisette Gilberte
- Power of attorney, Pieter BOEYNAEMS
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11362M0190/00H013 | Flanders | 906 m² | - | - |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- COCONUTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “1, natuurlijke personen of rechtspersonen al dan niet aandeelhouder” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 20:00