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COECKELBERGHS

Active
Private limited companyfounded 198739 yrs activeRectorijstraat 6, 3470 Kortenaken, BelgiumKBO/BCE: BE 0431.586.949
Summary

The computed 12-month bankruptcy probability of COECKELBERGHS is 1.6% (moderate). The 2024 annual accounts show equity of €400,696 and a net result of -€7,879. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 61% of 7464 sector peers (fiscal year 2024). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
COECKELBERGHSActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211Installation of electric heating, air conditioning, cooling and ventilation NACE 43222NACE 45310
#4 oldest company in Kortenaken, Construction sector1 site
Size
€763,442total assets 2024
Staff
3.9 FTE
Equity
€400,696
Loss
-€7,879
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2024
Bankruptcy chance 12 m
1.6%
Structure
Accounts 64 d overdue0 of 3 deeds read
Why 55- Figures for FY 2024 (filed 17-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 78 days late; 2 of the last 3 late+ Founded in 1987+ Equity €400,696 (52.5% of total assets)Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 38% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 77-4
equity 52.5% of total assets
Liquidity 41-5
short-term debt 36.3% · cash 5.8%
Profitability 67-3
return on assets -1.0%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,046 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● 0.0% vs 11-2024 01-2025: 0.5%▼ -0.6% vs 12-2024 02-2025: 0.5%● 0.0% vs 01-2025 03-2025: 0.5%▼ -1.9% vs 02-2025 04-2025: 0.5%▼ -3.8% vs 03-2025lowest value 05-2025: 0.5%▲ +1.8% vs 04-2025 06-2025: 0.5%▲ +0.4% vs 05-2025 07-2025: 0.5%▲ +17.1% vs 06-2025 08-2025: 0.9%▲ +61.3% vs 07-2025 09-2025: 1.0%▲ +20.1% vs 08-2025 10-2025: 1.5%▲ +42.8% vs 09-2025 11-2025: 0.6%▼ -58.2% vs 10-2025 12-2025: 0.6%● 0.0% vs 11-2025 01-2026: 0.6%▼ -0.6% vs 12-2025 02-2026: 0.6%● 0.0% vs 01-2026 03-2026: 0.6%▼ -3.0% vs 02-2026 04-2026: 0.6%▲ +0.5% vs 03-2026 05-2026: 0.6%▼ -0.3% vs 04-2026 06-2026: 0.6%▼ -2.1% vs 05-2026 07-2026: 0.6%▲ +2.7% vs 06-2026 08-2026: 1.0%▲ +72.5% vs 07-2026 09-2026: 1.2%▲ +15.8% vs 08-2026 10-2026: 1.6%▲ +35.3% vs 09-2026highest value
  • Figures for FY 2024 (filed 17-10-2025) raises the probability
  • Founded in 1987 lowers the probability for this profile
  • Equity €400,696 (52.5% of total assets) lowers the probability
  • 1 financial year not filed after the legal deadline; latest accounts 78 days late; 2 of the last 3 late raises the probability
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 1.91 against 2.37 in 2023; short-term debt: 36.3% and cash: 5.8% of total assets), and 47.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 57%, liquidity 30%, profitability 33%, growth against the median 31%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 17-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1987
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €400,696 (52.5% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 78 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 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 filings
Deviation from the deadline
2025
not confirmed
2024
78 d late
2023
85 d late
2022
30 d late
2021
11 d late
2020
12 d late
2019
24 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 40 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Annual accounts filedfiscal year 2022 · abbreviated…

Key points

  • Caution: Among the weakest 14% on net resultsector median €44,445 · 7,458 companies -€7,879 View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Active since 1987founded 10-07-1987 39 years View

By topic

Financials

Fiscal year
2024
Total assets
€763,442
Loss
-€7,879
Solvency
52.5%
Total assets▲ 5.2%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 17-10-2025Annual accounts filed
  2. 24-10-2024Annual accounts filed
  3. 30-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
10-07-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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