Coelo

Active

Private limited companyfounded 20233 yrs active's Gravenstraat 197, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0800.498.240

The computed 12-month bankruptcy probability of Coelo is 2.7% (moderate). The 2025 annual accounts show equity of €13k and a net result of €6k. Its solvency ranks better than 19% of 27319 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

71 / 100

Healthy▲ +8 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency26▲+10

Growth78

Stability94

Bankruptcy probability, 12 months

2.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity tight (current ratio 1.16 against 1.03 in 2024), and 83.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 27319 sector peers (2025).

NBB · sector comparison

Position among 27319 sector peers

Solvency

better than 19%

← weakest strongest →

Filed after the deadline

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 2 filings

Deviation from the deadline

2025

2 d late

2024

10 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close13-09-2026 today31-01-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€13k▲ 90.0%

2024 · €7k

2024: €7k

2024 → 2025

Total assets

€78k▼ 26.3%

2024 · €106k

2024: €106k

2024 → 2025

Net result

€6k▲ 245%

2024 · €2k

2024: €2k

2024 → 2025

Working capital

€10k▲ 206%

2024 · €3k

2024: €3k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€7k-€13k▲ 90.0%

Operating result€5k-€10k▲ 92.6%

Net result€2k-€6k▲ 245%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 93% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €78k

96.5%

Fixed assets €3k▼ 30.1%

Current assets €75k▼ 26.2%

Equity and liabilities €78k

16.5%

83.5%

Equity €13k▲ 90.0%

Debt €65k▼ 34.2%

The debt ratio falls from 93.6% to 83.5%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€11k▲

2024 · €8k

Cash flow

€7k▲

2024 · €4k

Solvency

16.5%▲

2024 · 6.4%

Current ratio

1.16▲

2024 · 1.03

Quick ratio

0.85▲

2024 · 0.82

Debt / equity

5.07▼

2024 · 14.64

ROE

47.4%▲

2024 · 26.1%

ROA

7.8%▲

2024 · 1.7%

Interest coverage

4.06▼

2024 · 8.13

Debt

€65k▼

2024 · €99k

Debt ≤ 1 year

€65k▼

2024 · €99k

Income taxes

€3k▼

2024 · €3k

Staff costs

€2k▼

2024 · €45k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€106k€78k▼

Fixed assets21/28€4k€3k▼

Tangible fixed assets22/27€4k€2k▼

Plant, machinery and equipment23€3k€2k▼

Furniture and vehicles24€955€0▼

Financial fixed assets28€250€250=

Current assets29/58€102k€75k▼

Stocks and contracts in progress3€21k€20k▼

Stocks30/36€15k€20k▲

Contracts in progress37€6k€0▼

Amounts receivable within one year40/41€32k€15k▼

Trade receivables40€13k€8k▼

Other amounts receivable41€19k€7k▼

Cash at bank and in hand54/58€41k€28k▼

Deferred charges and accrued income490/1€9k€12k▲

Equity and liabilities

Total equity and liabilities10/49€106k€78k▼

Equity10/15€7k€13k▲

Contributions10/11€5k€5k=

Profit (loss) carried forward14€2k€8k▲

Amounts payable17/49€99k€65k▼

Amounts payable within one year42/48€99k€65k▼

Trade debts44€85k€57k▼

Suppliers440/4€85k€57k▼

Taxes, remuneration and social security45€13k€7k▼

Taxes450/3€8k€5k▼

Remuneration and social security454/9€5k€2k▼

Other amounts payable47/48€1k€1k▼

Accrued charges and deferred income492/3€462€0▼

Income statement Code20242025

Non-recurring operating income76A-€5k

Remuneration, social security and pensions62€45k€2k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼

Other operating charges640/8€4k€2k▼

Gross operating margin9900€57k€15k▼

Operating profit (loss)9901€5k€10k▲

Financial income75/76B€588€2k▲

Recurring financial income75€588€2k▲

Financial charges65/66B€962€3k▲

Recurring financial charges65€962€3k▲

Profit (loss) for the period before taxes9903€5k€9k▲

Income taxes67/77€3k€3k▼

Profit (loss) for the period9904€2k€6k▲

Profit (loss) for the period to be appropriated9905€2k€6k▲

Appropriation of the result

Profit (loss) to be appropriated9906€2k€8k▲

Profit (loss) brought forward from the previous period14P-€2k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-01-2027

2026

02-02

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 2 days late

2025

10-02

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 10 days late

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Nazareth-De Pinte · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

's Gravenstraat 1979810 Nazareth-De Pinte

Ground area

2.2 ha

Building footprint

3,320 m²

Volume, LiDAR

540 m³

Parcel 44048G0474/00A000, Flanders · tallest building 4.9 m. Linked by address, not a title deed.

1 establishment unit

Coelo

's Gravenstraat 197, 9810 Nazareth-De PinteGeneral electrical installation work

since 20232.343.857.421

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44048G0474/00A000	Flanders	2.2 ha	1 · 3,320 m²	4.8 m

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.

Similar companies · same sector, comparable size

Hamme (Vl.) · Eq €13k

OS RENOVATIONS

BE 0775.357.424

Tervuren · Eq €13k

T.S.E-TECHNICAL SERVICES ENGINEERING

BE 0792.851.274

Ninove · Eq €13k

Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 6,162 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded06-04-2023

Fiscal year end30-06

Activities, NACEBEL

43211General electrical installation work

27402Manufacture of electrical equipment

47811Retail sale of cars and light vans (up to 3.5 tonnes)

95319Other maintenance and repair of motor vehicles

70200Business and other management consultancy

70220Business consulting

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.