Result
-€38,576 -€38,576
From profit to loss in 2025, after a profit of €111,490 in 2024.
COEBA
Lifetime
19 annual accounts with figures on one time axis, 23 filings since 2002peak €167,600 (2024)
-€26,480▼ €194,080
lowest -€38,576 (2025)
-€38,576▼ €150,066
peak €157,722 (2024)
€119,146▼ 24.5%
€348,849▲ 475%
Board1 name since 2021
1 directorOlivier Bastijns
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €167,600 to -€26,480Loss of €38,576Equity from €157,722 to €119,146Debts from €60,688 to €348,849Investments €295,677Cash from €36,905 to €8,853
Key points
from the 2025 annual accountsDebts
€348,849 ▲ 475%
Debts rose by €288,161 in 2025.
Securities
€250,000
Mortgages, new in 2025. 2.1 times equity · not in the 2024 accounts.
Investments
€295,677 34.7 × depreciation
Green is investment, beige is depreciation. Machinery stands 773.9% higher than in 2024.
Liquidity
0.65 was 2.24 in 2024
Short-term debts rose from €45,883 to €98,343.
Position in the sector
-€38,576
Lower net result than 90% of companies in retail trade. Sector median €27,425 · 12,844 companies.
2025 accounts filed 31 days after the deadlineTurnover not published (abbreviated format)
Checked score
62
Healthy
Financially stronger than 30% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.3%▼ -0.1 percentage points vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.2 percentage points vs 06-2025
08-2025: 0.9%▲ +0.4 percentage points vs 07-2025
09-2025: 1.0%▲ +0.1 percentage points vs 08-2025
10-2025: 0.2%▼ -0.8 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.3 percentage points vs 07-2026
09-2026: 1.5%▲ +1.0 percentage point vs 08-2026highest value
10-2026: 1.5%● unchanged vs 09-2026highest value
11-2026: 1.5%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
Loss of €38,576 (financial year 2025)
lowers risk
Founded in 2001
Size: total assets €515,759
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 39% of them on solvency, 46% on liquidity, 17% on profitability and 18% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,507 companies had the same profile as COEBA has now. Each dot stands for 7 companies, two years later.
96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COEBA itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,507 companies, not a prediction for COEBA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.65 (2.24 in 2024), below 1. Short-term debt is 19.1% and cash 1.7% of total assets. 76.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
31 days late
2023
29 days late
2022
27 days late
2021
29 days late
2020
24 days late
2019
48 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 31 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475893579
Resignation: Olivier Bastijns (director)
Reappointment: Olivier Bastijns (director) · General meeting of 21-02-2024 · Gazette deed
Registered office moved from Bruges to Zuienkerke
New registered office: Oostendse steenweg 1 te 8377 Zuienkerke · Previous registered office: Duldzeelse steenweg 92 te 8000 Brugge · General meeting of 06-03-2019 · Gazette deed
First establishment
Oostendse Steenweg 1, Zuienkerke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COEBA Zuienkerke | €0.5m | -€26,480 | 23.1% | - |
| MARFROY Mouscron | €0.4m | -€4,378 | 32.2% | - |
| KRISS Mechelen | €0.3m | -€8,094 | 90.5% | - |
| THE LINEN HOUSE Ghent | €0.6m | €511 | 14.6% | - |
| BRECHT Halen | €0.3m | -€12,606 | 6.5% | - |
| JULIE Uccle | €0.5m | -€19,422 | 47.4% | - |
| AFRICAN TEXTILES & EUROCASIONS Antwerp | €1.3m | €379 | 9.2% | - |
These companies have the same main activity as COEBA: retail sale of household textiles and bedding (NACE 47512). They are comparable in size and age: total assets between €256,000 and €1.3m, founded between 1991 and 2005.
Official details
Source: KBO- Status
- Active since 18-10-2001Normal situation
- Activity
- Retail sale of household textiles and beddingNACE 47512
- Establishment unit
- 2.095.308.2828377 Zuienkerke, since 29-10-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Insights on COEBA
COEBA files the abbreviated format. That format states no turnover. The gross margin fell from €30,039 in 2006 to -€26,480 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COEBA
- What is the company number of COEBA?
- The company number of COEBA is 0475.893.579. The VAT number is the same number with BE in front: BE 0475.893.579.
- Where is COEBA based?
- The registered office is at Oostendse Steenweg 1, 8377 Zuienkerke.Company details
- What does COEBA do?
- According to the KBO register, the main activity is retail sale of household textiles and bedding (NACE 47512).
- What is the legal form of COEBA?
- COEBA is a private limited company (BV).
- When was COEBA founded?
- COEBA was founded on 18-10-2001.
- Is COEBA still active?
- Yes, COEBA is an active enterprise in the KBO register.
- What is the turnover of COEBA?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is COEBA profitable?
- In financial year 2025, COEBA made a loss of €38,576.
- Where can I find the annual accounts of COEBA?
- COEBA filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COEBA due?
- COEBA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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