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COETS ENGINEERING

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Private limited company (pre-2019)KBO/BCE: BE 0672.877.023

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

A bankruptcy procedure is open for COETS ENGINEERING according to publications in the Belgian Official Gazette. The trustee is Anne Detrait.

Summary

Inactive since 17-10-2026. The last annual accounts are for financial year 2020.

COETS ENGINEERINGOpen bankruptcy

Financials · financial year 2020, micro format

2020 annual accounts filed 89 days after the deadline Filed on 28 October 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-75100008.

Latest annual accounts filed

Annual accounts 2020

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Financial year ended
31-12-2020
Filed on
28-10-2021
Format
micro format
Reference
2021-75100008
Turnover
€95,130
EBIT margin
-27.3%
Net result
€11,145▼ 46.2%
2019 · €20,708
Working capital
€29,187▲ 223%
2019 · €9,042
Trend over the years

2018 to 2020, 3 financial years 2018 to 2020, 3 financial years

The operating result for 2020 is 44% lower than in 2019.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€11,340 2020 Net result€11,145 2020

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020
Turnover€95,130-
Operating result-€26,012-€20,189€11,340▼ 43.8%
Net result-€26,492-€20,708€11,145▼ 46.2%
EBIT margin-27.3%-
Equity-€29,666--€8,958▲ 69.8%€2,187
Total assets€49,206-€160,928▲ 227%€97,078▼ 39.7%
Debt€78,872-€169,887▲ 115%€94,891▼ 44.1%
Working capital-€39,496-€9,042€29,187▲ 223%
Balance-sheet composition
Equity and liabilities €97,078
Equity €2,187
Debt €94,891
Debt's share of the balance-sheet total is 97.7%.
Key figures and ratios
2020 value · change against 2019
Current ratio
1.43▲
2019 · 1.06
ROE
509.7%
ROA
11.5%▼
2019 · 12.9%
Debt ≤ 1 year
€67,891▼
2019 · €151,887
Income taxes
€433
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 19 lines

Source: Annual accounts 2020 (PDF), filed on 28-10-2021.

Balance sheet Code20192020
Assets
Total assets20/58€160,928€97,078▼
Current assets29/58€160,928€97,078▼
Amounts receivable within one year40/41€35,343€5,575▼
Cash at bank and in hand54/58€4,086€3▼
Equity and liabilities
Total equity and liabilities10/49€160,928€97,078▼
Equity10/15-€8,958€2,187▲
Contributions10/11€18,600-
Profit (loss) carried forward14-€27,558-€16,414▲
Amounts payable17/49€169,887€94,891▼
Amounts payable within one year42/48€151,887€67,891▼
Trade debts44€55,787€37,308▼
Income statement Code20192020
Gross operating margin9900€68,821€35,968▼
Operating profit (loss)9901€20,189€11,340▼
Recurring financial income75€846€1,039▲
Recurring financial charges65€327€800▲
Profit (loss) for the period before taxes9903€20,708€11,578▼
Income taxes67/77-€433
Profit (loss) for the period9904€20,708€11,145▼
Profit (loss) for the period to be appropriated9905€20,708€11,145▼
Line201820192020Change
Turnover70€95,130---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€170---
Gross operating margin9900€26,571€68,821€35,968▼ 47.7%
Operating profit (loss)9901-€26,012€20,189€11,340▼ 43.8%
Recurring financial income75-€846€1,039▲ 22.8%
Recurring financial charges65€22€327€800▲ 144%
Profit (loss) for the period before taxes9903-€26,034€20,708€11,578▼ 44.1%
Income taxes67/77€459-€433-
Profit (loss) for the period9904-€26,492€20,708€11,145▼ 46.2%
Profit (loss) for the period to be appropriated9905-€26,492€20,708€11,145▼ 46.2%
Line201820192020Change
Assets
Total assets20/58€49,206€160,928€97,078▼ 39.7%
Fixed assets21/28€9,830---
Tangible fixed assets22/27€9,830---
Current assets29/58€39,376€160,928€97,078▼ 39.7%
Amounts receivable within one year40/41€39,323€35,343€5,575▼ 84.2%
Cash at bank and in hand54/58€53€4,086€3▼ 99.9%
Equity and liabilities
Total equity and liabilities10/49€49,206€160,928€97,078▼ 39.7%
Equity10/15-€29,666-€8,958€2,187-
Contributions10/11€18,600€18,600--
Profit (loss) carried forward14-€48,266-€27,558-€16,414▲ 40.4%
Amounts payable17/49€78,872€169,887€94,891▼ 44.1%
Amounts payable within one year42/48€78,872€151,887€67,891▼ 55.3%
Trade debts44€60,021€55,787€37,308▼ 33.1%
Line201820192020Change
Profit (loss) for the period9904-€26,492€20,708€11,145▼ 46.2%
+ Depreciation and write-downs630€170---
Operating cash flow (approximation)-€26,322€20,708€11,145▼ 46.2%
Change in cash-€4,033-€4,083-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2020 micro format 28-10-2021 2021-75100008 PDF
31-12-2019 micro format 06-06-2021 2021-17700062 PDF
31-12-2018 micro format 19-09-2019 2019-65100354 PDF
31-12-2017 micro format 17-07-2018 2018-34200274 PDF

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.