Coconuts
ActiveSummary
Coconuts has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,560 and a net result of €5,256. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 20,612 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €5,560
- Surplus
- €5,256
Why 99lowers riskLegal form: non-profit associationSector: Human health activities (NACE 86)Liquidity: current ratio 165.08, cash €2,594, halvedFigures for financial year 2025 (filed 18-05-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 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 86, micro): better than 82% on solvency, 95% on liquidity, 80% on profitability and 98% 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 4 accounts on average 41 days before the deadline; the sector median (NACE 86) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €5,256
- Liquidity more than 30 timescurrent ratio 165.08
Financials · financial year 2025, micro format
2022 to 2025, 4 financial years
The operating result returns to profit in 2025: €5,301 after a loss of €67 in 2024, the highest result in the available series.
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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 86, Human health 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, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 39,278 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €11,325 | €3,752 | €7,106 | ▲ 89.4% |
| Membership fees, donations, legacies and grants73 | €5,550 | €3,643 | €6,750 | €24,500 | ▲ 263% |
| Goods, raw materials, services and sundry goods60/61 | €4,753 | €15,946 | €11,526 | €26,401 | ▲ 129% |
| Other operating charges640/8 | €300 | - | €10 | - | - |
| Gross operating margin9900 | €797 | -€20 | -€57 | €5,301 | - |
| Operating profit (loss)9901 | €497 | -€20 | -€67 | €5,301 | - |
| Financial income75/76B | - | €0 | €1 | - | - |
| Recurring financial income75 | - | €0 | €1 | - | - |
| Financial charges65/66B | €24 | €27 | €56 | €45 | ▼ 19.5% |
| Recurring financial charges65 | €24 | €27 | €56 | €45 | ▼ 19.5% |
| Profit (loss) for the period before taxes9903 | €473 | -€46 | -€122 | €5,256 | - |
| Profit (loss) for the period9904 | €473 | -€46 | -€122 | €5,256 | - |
| Profit (loss) for the period to be appropriated9905 | €473 | -€46 | -€122 | €5,256 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €4,431 | €3,871 | €16,301 | €5,692 | ▼ 65.1% |
| Current assets29/58 | €4,431 | €3,871 | €16,301 | €5,692 | ▼ 65.1% |
| Amounts receivable within one year40/41 | - | €712 | €319 | €3,098 | ▲ 871% |
| Trade receivables40 | - | - | - | €1,851 | - |
| Other amounts receivable41 | - | €712 | €319 | €1,247 | ▲ 291% |
| Cash at bank and in hand54/58 | €2,831 | €2,209 | €15,743 | €2,594 | ▼ 83.5% |
| Deferred charges and accrued income490/1 | €1,600 | €950 | €239 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €4,431 | €3,871 | €16,301 | €5,692 | ▼ 65.1% |
| Equity10/15 | €473 | €426 | €304 | €5,560 | ▲ 18× |
| Profit (loss) carried forward14 | €473 | €426 | €304 | €5,560 | ▲ 18× |
| Amounts payable17/49 | €3,958 | €3,444 | €15,997 | €132 | ▼ 99.2% |
| Amounts payable within one year42/48 | €3,958 | €3,424 | €2,997 | €34 | ▼ 98.8% |
| Trade debts44 | €3,595 | €482 | €55 | €34 | ▼ 37.3% |
| Suppliers440/4 | €3,595 | €482 | €55 | €34 | ▼ 37.3% |
| Taxes, remuneration and social security45 | €61 | - | - | - | - |
| Taxes450/3 | €61 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €20 | €13,000 | €98 | ▼ 99.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €473 | -€46 | -€122 | €5,256 | - |
| Operating cash flow (approximation) | €473 | -€46 | -€122 | €5,256 | - |
| Change in cash | - | -€622 | €13,534 | -€13,149 | - |
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 (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 18-05-2026 | 2026-00112801 |
| 31-12-2024 | micro format | 31-01-2025 | 2025-00018086 |
| 31-12-2023 | micro format | 02-07-2024 | 2024-00194221 |
| 31-12-2022 | micro format | 29-11-2023 | 2023-00517874 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 · 1 entry · €15,000 awarded · €15,000 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 5
Day-to-day management 2
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Bombaert Iris |
|
| De Brue Pieter |
|
| De Wolf Stijn |
|
| Elsen Wouter |
|
| Lemmens Marlies |
|
| Kint Anna |
|
| Van Cleyneribreugel Niel |
|
| Van Duppen Zeno |
|
Owners and capital
Owners
This non-profit association has no shareholders or capital.
Group and network
Connections & network
5 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
12-01
Gazette deed
Resignations: Kint Anna, Van Cleyneribreugel Niel and Van Duppen ZenoAppointments: Bombaert Iris, De Brue Pieter and 5 others · Amendment of the articles · Registered office clause14 facts ▸
- Amendment of the articles
- Registered office clause, 18-10-2023
- Director resignation, Kint Anna (director)
- Director resignation, Van Cleyneribreugel Niel (director)
- Director resignation, Van Duppen Zeno (director)
- Director appointment, Bombaert Iris (director)
- Director appointment, De Brue Pieter (director)
- Director appointment, De Wolf Stijn (director)
- Director appointment, Elsen Wouter (director)
- Director appointment, Lemmens Marlies (director)
- Power of attorney, Davy De Laeter
- Other provision, 18-10-2023
- +2 further facts in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has 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 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24482F0290/00G009 | Flanders | 217 m² | 1 · 105 m² | 10.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Cococratietrajecten met jongvolwassenen met een psychische kwetsbaarheid, artiesten, designers en inhoudelijk experten; Het creëren en…” (deed in Dutch)
5 activities (deed in Dutch)
- Cococratietrajecten met jongvolwassenen met een psychische kwetsbaarheid, artiesten, designers en inhoudelijk experten
- Het creëren en uitbrengen van een magazine en bijproducten
- Distributie en verkoop van het magazine en de bijproducten via online en offline kanalen alsook de daarbij horende communicatie en marketing
- Kennis delen, verbinding maken, inspireren en activeren door o.a. lezingen, workshops en trainingen
- Begeleidingstrajecten en advisering van bedrijven, organisaties, publieke instellingen, kennisinstellingen
- 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.
- “Vlaams Gewest, Bestuursorgaan bevoegd om zetel binnen België te verplaatsen binnen hetzelfde taalgebied” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 29. Externe vertegenwoordigingsmacht van het Bestuursorgaan Het Bestuursorgaan vertegenwoordigt als college de vzw in alle…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Samenstelling bestuursorgaan, 3” (deed in Dutch)“De overblijvende bestuurders het recht een nieuwe bestuurder te coöpteren, coöptatie bestuurders” (deed in Dutch)“Het Bestuursorgaan is bevoegd om alle handelingen van intern bestuur te verrichten die nodig of dienstig zijn voor de verwezenlijking van…” (deed in Dutch)“Het Bestuursorgaan kan een deel van zijn bestuursbevoegdheden delegeren aan één of meerdere derden niet-bestuurders, zonder dat deze…” (deed in Dutch)“Interne reglementen, Het Bestuur vaardigt alle interne reglementen uit die hij nodig oordeelt.” (deed in Dutch)“Het Bestuursorgaan of de bestuurders die de vzw vertegenwoordigen, kunnen gevolmachtigden van de vzw aanstellen. Alleen bijzondere en…” (deed in Dutch)“Bekendmakingsvereisten bestuursorgaan, De benoeming van de leden van het Bestuursorgaan en van de personen gemachtigd om de vzw te…” (deed in Dutch)“De voorzitter zit de vergadering voor. In geval van zijn/haar afwezigheid wordt hij/zij vervangen door de ondervoorzitter of de bestuurder…” (deed in Dutch)“Iedere bestuurder kan schriftelijk volmacht geven aan een andere bestuurder, die het daar bijbehorend stemrecht mag uitoefenen, zonder dat…” (deed in Dutch)6 more provisions on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Onbeperkt, 3” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Minstens 2/3 van de leden aanwezig of vertegenwoordigd, besluit nietig indien verslagen ontbreken” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene Vergadering, 1 of meerdere” (deed in Dutch)