COFORCE
ActiveSummary
COFORCE has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290,468 and a net result of €103,555. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 65% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-05-2008 Normal situation
- Activity
- Real estate agency activities NACE 68310
- Establishment unit
- 2.173.082.882 3600 Genk, since 22-05-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Board and ownership
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €140,505
- ▼ 20.5%
- Turnover
- ≈ €250,000
- estimated
- Profit
- €103,555
- ▼ 13.2%
- Equity
- €290,468
- ▲ 55.4%
- Total assets
- €584,667
- ▲ 9.5%
- 2025 accounts filed 3 days after the deadline
Score breakdownraises riskLast filed accounts filed 3 days late; 2 of the last 3 accounts latelowers riskLiquidity: current ratio 1.99, cash €122,261Size: total assets €584,667Equity €290,468 (49.7% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 64% of them on solvency, 55% on liquidity, 79% on profitability and 87% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 84 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 3 days after the deadline Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00374447.
Annual accounts 2025 filed on 03-08-2026 at the NBB all 17 filings
Every figure per financial year
The operating result for 2025 is 21% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · €118 awarded · €68 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €50 | €0 |
| 2024 | 1 | €68 | €68 |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €79,390 | €158,244 | €183,769 | €251,555 | €258,490 | ▲ 2.8% |
| Remuneration, social security and pensions62 | - | - | - | - | - | €31 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,447 | €5,356 | - | €13,583 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,989 | €7,223 | €2,368 | €942 | €1,292 | ▲ 37.2% |
| Gross operating margin9900 | €6,540 | €51,528 | -€20,174 | €22,526 | €35,631 | €47,566 | €176,691 | €140,505 | ▼ 20.5% |
| Operating profit (loss)9901 | -€830 | €44,222 | -€22,018 | €6,955 | €28,408 | €45,167 | €175,749 | €139,213 | ▼ 20.8% |
| Financial income75/76B | - | - | - | - | - | - | €1,058 | - | - |
| Recurring financial income75 | - | - | - | - | - | - | €1,058 | - | - |
| Financial charges65/66B | - | - | - | €93 | €125 | €142 | €447 | €181 | ▼ 59.5% |
| Recurring financial charges65 | - | €102 | €80 | €93 | €125 | €142 | €447 | €181 | ▼ 59.5% |
| Profit (loss) for the period before taxes9903 | -€830 | €44,121 | -€22,098 | €6,861 | €28,283 | €45,025 | €176,360 | €139,032 | ▼ 21.2% |
| Income taxes67/77 | €619 | €7,171 | €1,468 | €6,438 | €8,930 | €15,497 | €56,991 | €35,477 | ▼ 37.7% |
| Profit (loss) for the period9904 | -€1,449 | €36,949 | -€23,567 | €424 | €19,353 | €29,528 | €119,369 | €103,555 | ▼ 13.2% |
| Profit (loss) for the period to be appropriated9905 | -€1,449 | €36,949 | -€23,567 | €424 | €19,353 | €29,528 | €119,369 | €103,555 | ▼ 13.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €261,943 | €280,189 | €240,222 | €259,320 | €291,547 | €329,882 | €533,822 | €584,667 | ▲ 9.5% |
| Formation expenses20 | - | - | - | - | - | €2 | - | - | - |
| Fixed assets21/28 | €18,941 | €13,586 | €13,586 | €3 | €3 | €2 | - | - | - |
| Tangible fixed assets22/27 | €18,941 | €13,586 | €13,586 | €3 | €3 | €2 | - | - | - |
| Furniture and vehicles24 | - | - | - | €3 | €3 | €2 | - | - | - |
| Current assets29/58 | €243,002 | €266,604 | €226,636 | €259,317 | €291,544 | €329,878 | €533,822 | €584,667 | ▲ 9.5% |
| Amounts receivable within one year40/41 | €207,108 | €155,325 | €224,815 | €214,185 | €198,391 | €177,862 | €460,741 | €412,406 | ▼ 10.5% |
| Trade receivables40 | - | - | - | €28,938 | €13,143 | €13,609 | €23,289 | €8,769 | ▼ 62.3% |
| Other amounts receivable41 | - | - | - | €185,248 | €185,248 | €164,253 | €437,452 | €403,637 | ▼ 7.7% |
| Current investments50/53 | - | - | - | - | - | - | €72,297 | - | - |
| Cash at bank and in hand54/58 | €34,144 | €109,528 | €71 | €45,131 | €93,153 | €152,016 | €784 | €122,261 | ▲ 156× |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €50,000 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €261,943 | €280,189 | €240,222 | €259,320 | €291,547 | €329,882 | €533,822 | €584,667 | ▲ 9.5% |
| Equity10/15 | €4,856 | €41,806 | €18,239 | €18,663 | €38,016 | €67,544 | €186,913 | €290,468 | ▲ 55.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €6,279 | €6,280 | €6,280 | €6,280 | €6,280 | €35,808 | €155,178 | €258,732 | ▲ 66.7% |
| Distributable reserves133 | - | - | - | €6,280 | €6,280 | €35,808 | €155,178 | €258,732 | ▲ 66.7% |
| Profit (loss) carried forward14 | -€7,623 | €29,326 | €5,759 | €6,183 | €25,536 | €25,536 | €25,535 | €25,536 | = |
| Amounts payable17/49 | €257,087 | €238,383 | €221,982 | €240,657 | €253,531 | €262,338 | €346,909 | €294,199 | ▼ 15.2% |
| Amounts payable within one year42/48 | €257,087 | €238,383 | €221,982 | €240,657 | €253,531 | €262,338 | €327,109 | €294,199 | ▼ 10.1% |
| Financial debts43 | - | - | - | €14,000 | €14,000 | €14,000 | €14,000 | €14,000 | = |
| Other loans439 | - | - | - | €14,000 | €14,000 | €14,000 | €14,000 | €14,000 | = |
| Trade debts44 | €113,142 | €95,775 | €37,762 | €1,055 | €983 | €203 | €5,770 | €23,673 | ▲ 310% |
| Suppliers440/4 | - | - | - | €1,055 | €983 | €203 | €5,770 | €23,673 | ▲ 310% |
| Taxes, remuneration and social security45 | - | - | - | €13,836 | €24,286 | €8,719 | €21,587 | - | - |
| Taxes450/3 | - | - | - | €13,836 | €24,286 | €8,719 | €21,587 | - | - |
| Other amounts payable47/48 | - | - | - | €211,766 | €214,262 | €239,416 | €285,752 | €256,526 | ▼ 10.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €19,800 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,449 | €36,949 | -€23,567 | €424 | €19,353 | €29,528 | €119,369 | €103,555 | ▼ 13.2% |
| + Depreciation and write-downs630 | €5,447 | €5,356 | - | €13,583 | - | - | - | - | - |
| Operating cash flow (approximation) | €3,998 | €42,305 | -€23,567 | €14,006 | €19,353 | €29,528 | €119,369 | €103,555 | ▼ 13.2% |
| Investment in fixed assets (approximation) | - | -€0 | €0 | €0 | €0 | €1 | - | - | - |
| Change in cash | - | €75,384 | -€109,458 | €45,061 | €48,022 | €58,863 | -€151,232 | €121,477 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as COFORCE has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of COFORCE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for COFORCE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 03-08-2026 | 2026-00374447 | |
| 31-12-2024 | abbreviated format | 29-09-2025 | 2025-00508928 | |
| 31-12-2023 | abbreviated format | 30-10-2024 | 2024-00519668 | |
| 31-12-2022 | abbreviated format | 09-10-2023 | 2023-00477956 | |
| 31-12-2021 | micro format | 29-11-2022 | 2022-20526874 | |
| 31-12-2020 | micro format | 29-10-2021 | 2021-74300082 | |
| 31-12-2019 | micro format | 31-12-2020 | 2020-77700051 | |
| 31-12-2018 | micro format | 30-09-2019 | 2019-66500177 | |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-60000104 | |
| 31-12-2016 | micro format | 30-09-2017 | 2017-65000522 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 09-02-2023 Converted to unavailable equity · €18,600
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Cacciatore Belinda |
|
| Jeurissen Christian |
|
| JEURISSEN Cédric |
|
| Jeurissen Gerard |
|
Network & group
COFORCE shares no director with another company.
Companies at the same address
2 other companiesConnections & network
4 current directorsThe network starts from the directors of COFORCE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
09-02
Gazette deed
Appointments: Jeurissen Gerard, Cacciatore Belinda and 2 othersAmendment of the articles · Capital conversion · Capital9 points ▸
- General meeting, 26-01-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “vormen en meerderheden van statutenwijziging, opheffing aangelegde statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Director appointment, Jeurissen Gerard (statutory director)
- Director appointment, Cacciatore Belinda (statutaire bestuurder opvolger)
- Director appointment, Jeurissen Christian (tweede statutaire bestuurder opvolger)
- Director appointment, JEURISSEN Cédric (tweede statutaire bestuurder opvolger)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71306G0215/00C142 | Flanders | 4,156 m² | 1 · 222 m² | 12.2 m · 3 |