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COENEN CUSTOMS

Active
Private limited companyfounded 20188 yrs activeHulzenstraat 114, 3570 Alken, BelgiumKBO/BCE: BE 0689.913.092

COENEN CUSTOMS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €-16k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 3478 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
54 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-59
Solvency72▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 2.02 in 2024; short-term debt: 30.9% and cash: 12.9% of total assets), and 53.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
46.9%
Return on assets
-18.8%
Age of the figures
18 mo
raises risk · 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
elevated failure risk from 2 to 8 years 8 years 0 10 y
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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year €-16k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
2 d early
2024
1 d early
2023
4 d early
2022
3 d early
2021
29 d late
2020
11 d late
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€40k▼ 28.6%
2024 · €56k
2019: €10k 2020: €19k 2021: €41k 2022: €48k 2023: €61k 2024: €56k
2019 → 2025
Total assets
€86k▼ 18.5%
2024 · €105k
2019: €23k 2020: €31k 2021: €59k 2022: €69k 2023: €82k 2024: €105k
2019 → 2025
Net result
€-16k▼ 218%
2024 · €-5k
2019: €7k 2020: €9k 2021: €22k 2022: €7k 2023: €13k 2024: €-5k
2019 → 2025
Working capital
€11k▼ 53.4%
2024 · €25k
2019: €10k 2020: €19k 2021: €36k 2022: €31k 2023: €39k 2024: €25k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€41k-€48k▲ 16.5%€61k▲ 28.1%€56k▼ 8.2%€40k▼ 28.6%
Operating result€25k-€9k▼ 66.3%€19k▲ 117%€-4k€-15k▼ 297%
Net result€22k-€7k▼ 68.8%€13k▲ 97.7%€-5k€-16k▼ 218%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20kOperating result 2021: €25k€25kNet result 2021: €22k€22kOperating result 2022: €9k€9kNet result 2022: €7k€7kOperating result 2023: €19k€19kNet result 2023: €13k€13kOperating result 2024: €-4k€-4kNet result 2024: €-5k€-5kOperating result 2025: €-15k€-15kNet result 2025: €-16k€-16k20212022202320242025
The operating result stays negative: a loss of €15k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86k
Fixed assets €48k▼ 15.4%
Current assets €38k▼ 22.1%
Equity and liabilities €86k
Equity €40k▼ 28.6%
Debt €45k▼ 6.9%
The debt ratio rises from 46.4% to 53.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€676
2024 · €9k
Cash flow
€-812
2024 · €8k
Solvency
46.9%
2024 · 53.6%
Current ratio
1.43
2024 · 2.02
Quick ratio
1.09
2024 · 1.63
Debt / equity
1.13
2024 · 0.87
ROE
-40.0%
2024 · -9.0%
ROA
-18.8%
2024 · -4.8%
Interest coverage
0.51
2024 · 8.25
Debt
€45k
2024 · €49k
Debt ≤ 1 year
€26k
2024 · €24k
Debt > 1 year
€18k
2024 · €25k
Income taxes
€267
2024 · €256
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€105k€86k
Fixed assets21/28€56k€48k
Tangible fixed assets22/27€56k€48k
Plant, machinery and equipment23€623€355
Furniture and vehicles24€47k€34k
Other tangible fixed assets26€9k€13k
Current assets29/58€49k€38k
Stocks and contracts in progress3€9k€9k
Stocks30/36€9k€9k
Amounts receivable within one year40/41€11k€17k
Trade receivables40€10k€15k
Other amounts receivable41€1k€2k
Cash at bank and in hand54/58€27k€11k
Deferred charges and accrued income490/1€1k€681
Equity and liabilities
Total equity and liabilities10/49€105k€86k
Equity10/15€56k€40k
Contributions10/11€3k€3k=
Reserves13€58k€58k=
Distributable reserves133€58k€58k=
Profit (loss) carried forward14€-5k€-21k
Amounts payable17/49€49k€45k
Amounts payable after more than one year17€25k€18k
Financial debts170/4€25k€18k
Amounts payable within one year42/48€24k€26k
Current portion of amounts payable after more than one year42€6k€7k
Trade debts44€3k€5k
Suppliers440/4€3k€5k
Taxes, remuneration and social security45€8k€8k
Taxes450/3€5k€5k
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€7k€7k=
Accrued charges and deferred income492/3-€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€15k
Other operating charges640/8€2k€943
Gross operating margin9900€11k€2k
Operating profit (loss)9901€-4k€-15k
Financial income75/76B€26€97
Recurring financial income75€26€97
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€-5k€-16k
Income taxes67/77€256€267
Profit (loss) for the period9904€-5k€-16k
Profit (loss) for the period to be appropriated9905€-5k€-16k
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-21k
Profit (loss) brought forward from the previous period14P-€-5k

The notes to these accounts (7 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

Next filing, fiscal year 2026, expected by 31-10-2026
2025
29-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
2024
30-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
27-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
29-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
31-03
Financial Highest result since 2019net €22k ▲141%
Operating result €25k, net result €22k, both a record.
2020
11-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2019
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Alken · 1 establishment unit since 2018
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.

Hulzenstraat 1143570 Alken
Ground area
1,615 m²
Building footprint
134 m²
Parcel 73001K0550/00N000, Flanders. Linked by address, not a title deed.
1 establishment unit
COENEN CUSTOMS
Hulzenstraat 114, 3570 AlkenManufacture of metal structures and parts of structures
since 20182.272.682.284
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73001K0550/00N000 Flanders 1,615 m² 1 · 134 m² -
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

Of 685 companies in sector 74112 we hold annual accounts for 312. 185 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-02-2018
Fiscal year end31-03
Activities, NACEBEL
74112Other professional, scientific and technical activities
95316Washing and cleaning of motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.