COHERENCE

Active

Private limited companyfounded 20232 yrs activeAlfred Gironstraat 42, 1050 Elsene, BelgiumKBO/BCE: BE 1000.270.433

Summary

COHERENCE has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €13k. Its solvency ranks better than 83% of 630 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Watch Print / PDF

Checked score

Score 2025

83 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability79▼-21

Solvency100=

Growth52

Track record82

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 4.81 against 4.7 in 2024; short-term debt: 20.8% and cash: 82.5% of total assets), and 20.8% 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

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

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

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 →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

79.2%

Return on assets

16.7%

Age of the figures

9 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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

31 d late

2024

30 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 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, abbreviated schema

Equity

€64k▲ 26.8%

2024 · €50k

2024: €50k

2024 → 2025

Total assets

€80k▲ 26.0%

2024 · €64k

2024: €64k

2024 → 2025

Net result

€13k▼ 66.6%

2024 · €40k

2024: €40k

2024 → 2025

Working capital

€64k▲ 26.8%

2024 · €50k

2024: €50k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€50k-€64k▲ 26.8%

Operating result€51k-€17k▼ 65.8%

Net result€40k-€13k▼ 66.6%

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

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 66% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Equity and liabilities €80k

79.2%

20.8%

Equity €64k ▲ 26.8%

Debt €17k ▲ 23.2%

Debt's share of the balance-sheet total falls from 21.3% to 20.8%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

Current ratio

4.81▲

2024 · 4.70

Debt to equity

0.26▼

2024 · 0.27

ROE

21.1%▼

2024 · 80.1%

ROA

16.7%▼

2024 · 63.1%

Debt ≤ 1 year

€17k▲

2024 · €14k

Income taxes

€4k▼

2024 · €10k

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

Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines

Balance sheet Code20242025

Assets

Total assets20/58€64k€80k▲

Current assets29/58€64k€80k▲

Amounts receivable within one year40/41€36k€14k▼

Trade receivables40€36k€14k▼

Other amounts receivable41€10€10=

Cash at bank and in hand54/58€28k€66k▲

Deferred charges and accrued income490/1€71€77▲

Equity and liabilities

Total equity and liabilities10/49€64k€80k▲

Equity10/15€50k€64k▲

Contributions10/11€10k€10k=

Profit (loss) carried forward14€40k€54k▲

Amounts payable17/49€14k€17k▲

Amounts payable within one year42/48€14k€17k▲

Trade debts44€4k€2k▼

Suppliers440/4€4k€2k▼

Taxes, remuneration and social security45€9k€15k▲

Taxes450/3€9k€15k▲

Other amounts payable47/48€151€76▼

Income statement Code20242025

Gross operating margin9900€51k€17k▼

Operating profit (loss)9901€51k€17k▼

Financial income75/76B-€0

Recurring financial income75-€0

Financial charges65/66B€23€168▲

Recurring financial charges65€23€168▲

Profit (loss) for the period before taxes9903€51k€17k▼

Income taxes67/77€10k€4k▼

Profit (loss) for the period9904€40k€13k▼

Profit (loss) for the period to be appropriated9905€40k€13k▼

Appropriation of the result

Profit (loss) to be appropriated9906€40k€54k▲

Profit (loss) brought forward from the previous period14P-€40k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 31 days late

2025

30-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 30 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, Elsene · 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.

Alfred Gironstraat 421050 Elsene

Ground area

189 m²

Building footprint

109 m²

Volume, LiDAR

1,696 m³

Parcel 21443C0201/00K014, Brussels · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

COHERENCE

Alfred Gironstraat 42, 1050 ElseneScientific research and development

since 20232.350.995.136

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21443C0201/00K014	Brussels	189 m²	1 · 109 m²	20.5 m · 6 fl.

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

WILLIAM DENIS

BE 1016.513.676

Braine-l'Alleud · Eq €63,789

EUROPEAN REMANUFACTURING COUNCIL

Westerlo · Eq €63,652

Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 1,556 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded25-09-2023

Fiscal year end31-12

Activities, NACEBEL 2025

74999Other professional, scientific and technical activities

70200Business and other management consultancy

71209Other technical testing and analysis

72109Other research and development on natural sciences

72200Scientific research and development

73200Market research and public opinion polling

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

Phone:0499 544830

Enterprise