COENE ERIK
ActiveCOENE ERIK has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109k and a net result of €-8k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 84% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-30
Solvency100▲+15
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 4.0 against 0.54 in 2024; short-term debt: 15.9% and cash: 53.3% of total assets), and 15.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 filingsDeviation from the deadline
2025
19 d late
2024
69 d early
2023
30 d late
2022
30 d late
2021
31 d late
2020
13 d late
2019
42 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€109k▼ 22.2%
2024 · €140k
2018: €111k
2019: €121k
2020: €197k
2021: €311k
2022: €193k
2023: €142k
2024: €140k
2018 → 2025
Total assets
€130k▼ 44.6%
2024 · €234k
2018: €298k
2019: €285k
2020: €353k
2021: €505k
2022: €330k
2023: €260k
2024: €234k
2018 → 2025
Net result
€-8k▼ 264%
2024 · €-2k
2018: €4k
2019: €10k
2020: €76k
2021: €113k
2022: €-57k
2023: €-51k
2024: €-2k
2018 → 2025
Working capital
€62k
2024 · €-16k
2018: €54k
2019: €42k
2020: €105k
2021: €188k
2022: €68k
2023: €12k
2024: €-16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€311k-€193k▼ 37.8%€142k▼ 26.3%€140k▼ 1.5%€109k▼ 22.2%
Operating result€149k-€-63k€-48k▲ 23.6%€-88▲ 99.8%€-6k▼ 7,041%
Net result€113k-€-57k€-51k▲ 10.7%€-2k▲ 95.8%€-8k▼ 264%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €88 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130k
Fixed assets
€47k▼ 77.9%
Current assets
€82k▲ 328%
Equity and liabilities €130k
Equity
€109k▼ 22.2%
Debt
€21k▼ 78.0%
The debt ratio falls from 40.0% to 15.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €20k
Cash flow
€2k▼
2024 · €18k
Solvency
84.1%▲
2024 · 60.0%
Current ratio
4.00▲
2024 · 0.54
Quick ratio
4.00▲
2024 · 0.54
Debt / equity
0.19▼
2024 · 0.67
ROE
-7.1%▼
2024 · -1.5%
ROA
-6.0%▼
2024 · -0.9%
Interest coverage
3.21▼
2024 · 10.53
Debt
€21k▼
2024 · €94k
Debt ≤ 1 year
€21k▼
2024 · €36k
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€234k€130k▼
Fixed assets21/28€215k€47k▼
Tangible fixed assets22/27€215k€47k▼
Land and buildings22€151k-
Plant, machinery and equipment23€10k€1k▼
Furniture and vehicles24€54k€46k▼
Current assets29/58€19k€82k▲
Amounts receivable within one year40/41€16k€13k▼
Trade receivables40€1k-
Other amounts receivable41€15k€13k▼
Cash at bank and in hand54/58€3k€69k▲
Deferred charges and accrued income490/1€373€377▲
Equity and liabilities
Total equity and liabilities10/49€234k€130k▼
Equity10/15€140k€109k▼
Contributions10/11€6k€6k=
Reserves13€102k€78k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€100k€76k▼
Profit (loss) carried forward14€32k€25k▼
Amounts payable17/49€94k€21k▼
Amounts payable after more than one year17€58k-
Financial debts170/4€58k-
Amounts payable within one year42/48€36k€21k▼
Current portion of amounts payable after more than one year42€25k-
Trade debts44€472€1k▲
Suppliers440/4€472€1k▲
Taxes, remuneration and social security45€229€229=
Taxes450/3€229€229=
Other amounts payable47/48€10k€19k▲
Income statement
Code20242025
Non-recurring operating income76A€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€9k▼
Other operating charges640/8€698€2k▲
Gross operating margin9900€20k€5k▼
Operating profit (loss)9901€-88€-6k▼
Financial income75/76B€83€206▲
Recurring financial income75€83€206▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€964▼
Non-recurring financial charges66B-€690
Profit (loss) for the period before taxes9903€-2k€-8k▼
Income taxes67/77€254-
Profit (loss) for the period9904€-2k€-8k▼
Profit (loss) for the period to be appropriated9905€-2k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€25k▼
Profit (loss) brought forward from the previous period14P€34k€32k▼
Transfer from equity791/2-€23k
Profit to be distributed694/7-€23k
Return on contributions (dividend)694-€23k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial
Liquidity times 7current ratio 4.00
Current ratio from 0.54 to 4.00; short-term debt falls from €36k to €21k.
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-57k ▼150%
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €113k ▲48.1%
Operating result €149k, net result €113k, both a record.
31-12
Financial
Equity above €200kEq €311k ▲57.4%
4 profitable years in a row build equity to €311k.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Equity above €150kEq €197k ▲63.3%
3 profitable years in a row build equity to €197k.
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Oudenburg · 1 establishment unit since 2009
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.
Goedeboterstraat 868460 OudenburgGround area
1,325 m²
Building footprint
321 m²
Volume, LiDAR
1,345 m³
2 parcels, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COENE ERIK
since 20092.179.202.394
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35002B0198/00K000 | Flanders | 911 m² | 1 · 221 m² | 5.7 m · 1 fl. |
| 35014B0861/00G002 | Flanders | 413 m² | 1 · 100 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
DVconsus
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Engelen Dressage
BE 0787.217.653
Arendonk · Eq €107k
Handelsagentuur Binnemans
BE 0458.038.453
Tessenderlo-Ham · Eq €112k
Renameat
BE 0657.935.459
Spiere-Helkijn · Eq €105k
Group A.T.P.
BE 0734.885.460
Quiévrain · Eq €105k
Of 409 companies in sector 46110 we hold annual accounts for 173. 129 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2008
Fiscal year end31-12
Activities, NACEBEL
46110Wholesale trade
46150Agents in the wholesale of furniture, household goods and hardware
46170Agents in the wholesale of food, beverages and tobacco
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.