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COIL

Active
Public limited companyfounded 199234 yrs activeDrukpersstraat 4, 1000 Brussel, BelgiumKBO/BCE: BE 0448.204.633
Summary

COIL has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.1m and a net result of -€4.0m. Equity is shrinking by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 53% of 680 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency74▼-12
Growth29▼-1
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €390,000 at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.89 in 2024; short-term debt: 47.2% and cash: 7.8% of total assets), and 51% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · 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
49%
Return on assets
-24.3%
Age of the figures
9 mo
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
1819202122232425
2018 to 2025 · latest year -€4.0m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
56 d early
2024
31 d early
2023
35 d early
2022
40 d early
2021
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 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

History

On 9 September 1992, COIL was incorporated.1 Revenue went from EUR 25 million in 2018 to EUR 19 million in 2025 and headcount from 65.9 to 49.1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema, statutory accounts

Turnover
€19.1m▼ 13.1%
2024 · €22.0m
EBIT margin
-20.0%▼ 6.0pp
2024 · -14.0%
Net result
-€4.0m▼ 38.2%
2024 · -€2.9m
Working capital
-€2.1m▼ 228%
2024 · -€655,144
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€25.0m▲ 8.0%€26.5m▲ 5.9%€21.8m▼ 18.0%€22.0m▲ 1.0%€19.1m▼ 13.1%
Operating result€2.1m-€1.0m-€1.1m▼ 9.2%-€3.1m▼ 175%-€3.8m▼ 23.8%
Net result€2.2mabove the sector's middle half-€748,153below the sector's middle half-€932,039below the sector's middle half▼ 24.6%-€2.9mbelow the sector's middle half▼ 211%-€4.0mbelow the sector's middle half▼ 38.2%
EBIT margin8.2%▲ 22.2pp-3.9%▼ 12.1pp-5.2%▼ 1.3pp-14.0%▼ 8.9pp-20.0%▼ 6.0pp
Equity€18.1mabove the sector's middle half▲ 13.7%€14.6mabove the sector's middle half▼ 19.5%€13.7mabove the sector's middle half▼ 6.4%€10.8mabove the sector's middle half▼ 21.2%€8.1mabove the sector's middle half▼ 25.1%
Total assets€24.7mabove the sector's middle half▼ 5.2%€21.5mabove the sector's middle half▼ 13.0%€20.9mabove the sector's middle half▼ 2.6%€17.8mabove the sector's middle half▼ 15.1%€16.5mabove the sector's middle half▼ 7.4%
Debt€6.3m▼ 35.5%€6.7m▲ 5.9%€7.1m▲ 5.8%€6.8m▼ 3.3%€8.2m▲ 20.6%
Working capital€2.5m€745,149▼ 69.9%-€882,261-€655,144▲ 25.7%-€2.1m▼ 228%
Solvency73.5%above the sector's middle half▲ 12.2pp68.0%above the sector's middle half▼ 5.5pp65.3%above the sector's middle half▼ 2.6pp60.6%within the sector's middle half▼ 4.7pp49.0%within the sector's middle half▼ 11.6pp
Staff (FTE)57.1above the sector's middle half▼ 1.7%54.9above the sector's middle half▼ 3.9%57.4above the sector's middle half▲ 4.6%54.5above the sector's middle half▼ 5.1%49.1above the sector's middle half▼ 9.9%
above within below the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€6.0m-€4.0m-€2.0m€0€2.0mOperating result 2021: €2.1m€2.1mNet result 2021: €2.2m€2.2mOperating result 2022: -€1.0m-€1.0mNet result 2022: -€748,153-€748,153Operating result 2023: -€1.1m-€1.1mNet result 2023: -€932,039-€932,039Operating result 2024: -€3.1m-€3.1mNet result 2024: -€2.9m-€2.9mOperating result 2025: -€3.8m-€3.8mNet result 2025: -€4.0m-€4.0m20212022202320242025-€6m-€4m-€2m€0Operating result 2023: -€1.1m-€1.1mNet result 2023: -€932,039-€932,000Operating result 2024: -€3.1m-€3.1mNet result 2024: -€2.9m-€2.9mOperating result 2025: -€3.8m-€3.8mNet result 2025: -€4.0m-€4m202320242025
The operating result stays negative: a loss of €3.8m in 2025 against €3.1m 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 €16.5m
Fixed assets €10.8m ▼ 11.3%
Current assets €5.6m ▲ 1.2%
Equity and liabilities €16.5m
Equity €8.1m ▼ 25.1%
Provisions €170,567 ▼ 8.7%
Debt €8.2m ▲ 20.6%
Debt's share of the balance-sheet total rises from 38.4% to 49.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3.0m▼
2024 · -€2.2m
Cash flow
-€3.1m▼
2024 · -€2.1m
Current ratio
0.72▼
2024 · 0.89
Quick ratio
0.56▼
2024 · 0.64
Debt to equity
1.02▲
2024 · 0.63
ROE
-49.6%▼
2024 · -26.9%
ROA
-24.3%▼
2024 · -16.3%
Interest coverage
-12.85▼
2024 · -12.23
Debt ≤ 1 year
€7.8m▲
2024 · €6.2m
Debt > 1 year
€429,716▼
2024 · €579,589
Income taxes
€2,307▼
2024 · €2,489
Staff costs
€3.8m▼
2024 · €4.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 926 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.1% went bankrupt
8.7% stopped otherwise
90% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 926 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 87 lines
Balance sheet Code20242025
Assets
Total assets20/58€17.8m€16.5m▼
Fixed assets21/28€12.2m€10.8m▼
Intangible fixed assets21€41,029€36,873▼
Tangible fixed assets22/27€6.0m€5.6m▼
Land and buildings22€842,781€793,975▼
Plant, machinery and equipment23€5.2m€4.7m▼
Furniture and vehicles24€13,474€16,804▲
Assets under construction and advance payments27-€79,797
Financial fixed assets28€6.1m€5.2m▼
Affiliated companies280/1€6.1m€5.2m▼
Participating interests280€3.4m€3.4m=
Amounts receivable281€2.7m€1.7m▼
Other financial fixed assets284/8€38,114€44,988▲
Amounts receivable and cash guarantees285/8€38,114€44,988▲
Current assets29/58€5.6m€5.6m▲
Stocks and contracts in progress3€1.6m€1.2m▼
Stocks30/36€1.6m€1.2m▼
Raw materials and consumables30/31€1.3m€1.1m▼
Finished goods33€289,828€175,823▼
Amounts receivable within one year40/41€3.4m€3.1m▼
Trade receivables40€2.4m€3.0m▲
Other amounts receivable41€1.0m€62,432▼
Current investments50/53€3,015€1,859▼
Own shares50€2,063€975▼
Other investments51/53€952€884▼
Cash at bank and in hand54/58€461,394€1.3m▲
Deferred charges and accrued income490/1€89,741€34,715▼
Equity and liabilities
Total equity and liabilities10/49€17.8m€16.5m▼
Equity10/15€10.8m€8.1m▼
Contributions10/11€13.9m€15.2m▲
Capital10€7.5m€8.8m▲
Issued capital100€7.5m€8.8m▲
Outside capital11€6.4m€6.4m=
Share premium1100/10€6.4m€6.4m=
Reserves13€854,112€854,112=
Non-distributable reserves130/1€854,112€854,112=
Legal reserve130€754,112€754,112=
Own shares acquired1312€100,000€100,000=
Profit (loss) carried forward14-€4.0m-€8.0m▼
Provisions and deferred taxes16€186,730€170,567▼
Provisions for liabilities and charges160/5€186,730€170,567▼
Other liabilities and charges164/5€186,730€170,567▼
Amounts payable17/49€6.8m€8.2m▲
Amounts payable after more than one year17€579,589€429,716▼
Financial debts170/4€579,589€429,716▼
Credit institutions173€579,589€429,716▼
Amounts payable within one year42/48€6.2m€7.8m▲
Current portion of amounts payable after more than one year42€513,256€149,873▼
Financial debts43€1.8m€2.5m▲
Credit institutions430/8€1.8m€2.5m▲
Trade debts44€2.8m€4.1m▲
Suppliers440/4€2.8m€4.1m▲
Advances received on contracts in progress46€235,264€110,756▼
Taxes, remuneration and social security45€872,750€830,075▼
Taxes450/3€127,922€163,806▲
Remuneration and social security454/9€744,828€666,269▼
Accrued charges and deferred income492/3€23,775€17,256▼
Income statement Code20242025
Operating income70/76A€24.3m€19.4m▼
Turnover70€22.0m€19.1m▼
Other operating income74€2.3m€320,872▼
Operating charges60/66A€27.4m€23.2m▼
Goods for resale, raw materials and consumables60€13.6m€11.4m▼
Purchases600/8€13.4m€11.0m▼
Change in stocks: decrease (increase)609€220,757€353,198▲
Services and other goods61€8.6m€5.4m▼
Remuneration, social security and pensions62€4.0m€3.8m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€837,918€854,744▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€14,520€14,895▲
Other operating charges640/8€294,901€1.7m▲
Operating profit (loss)9901-€3.1m-€3.8m▼
Financial income75/76B€381,564€55,198▼
Recurring financial income75€381,564€55,198▼
Income from financial fixed assets750€330,025€52,714▼
Income from current assets751€48,273-
Other financial income752/9€3,265€2,484▼
Financial charges65/66B€187,232€233,962▲
Recurring financial charges65€187,232€233,962▲
Debt charges650€183,934€230,857▲
Other financial charges652/9€3,299€3,105▼
Profit (loss) for the period before taxes9903-€2.9m-€4.0m▼
Income taxes67/77€2,489€2,307▼
Taxes670/3€2,489€2,307▼
Profit (loss) for the period9904-€2.9m-€4.0m▼
Profit (loss) for the period to be appropriated9905-€2.9m-€4.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4.0m-€8.0m▼
Profit (loss) brought forward from the previous period14P-€1.1m-€4.0m▼
Social balance
Average headcount (FTE)908754.549.1▼

The notes to these accounts (81 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€25.5m€26.9m€22.1m€24.3m€19.4m▼ 20.2%
Turnover70€25.0m€26.5m€21.8m€22.0m€19.1m▼ 13.1%
Other operating income74€510,560€381,215€376,864€2.3m€320,872▼ 86.3%
Operating charges60/66A€23.5m€27.9m€23.2m€27.4m€23.2m▼ 15.3%
Goods for resale, raw materials and consumables60€11.5m€14.8m€8.9m€13.6m€11.4m▼ 16.3%
Purchases600/8€11.0m€15.3m€8.3m€13.4m€11.0m▼ 17.5%
Change in stocks: decrease (increase)609€557,406-€422,039€543,295€220,757€353,198▲ 60.0%
Services and other goods61€6.6m€7.9m€9.3m€8.6m€5.4m▼ 37.1%
Remuneration, social security and pensions62€3.7m€3.9m€4.0m€4.0m€3.8m▼ 4.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.5m€1.2m€937,792€837,918€854,744▲ 2.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€100,465€4,224-€63,656€14,520€14,895▲ 2.6%
Other operating charges640/8€131,521€188,566€232,276€294,901€1.7m▲ 481%
Operating profit (loss)9901€2.1m-€1.0m-€1.1m-€3.1m-€3.8m▼ 23.8%
Financial income75/76B€375,043€371,545€371,503€381,564€55,198▼ 85.5%
Recurring financial income75€375,043€371,545€371,503€381,564€55,198▼ 85.5%
Income from financial fixed assets750€330,025€330,025€330,025€330,025€52,714▼ 84.0%
Income from current assets751€40,473€35,117€39,771€48,273--
Other financial income752/9€4,544€6,403€1,706€3,265€2,484▼ 23.9%
Financial charges65/66B€125,347€86,851€183,408€187,232€233,962▲ 25.0%
Recurring financial charges65€125,347€86,851€183,408€187,232€233,962▲ 25.0%
Debt charges650€120,443€83,483€178,172€183,934€230,857▲ 25.5%
Other financial charges652/9€4,904€3,368€5,236€3,299€3,105▼ 5.9%
Profit (loss) for the period before taxes9903€2.3m-€741,591-€932,755-€2.9m-€4.0m▼ 38.3%
Income taxes67/77€112,182€6,562-€716€2,489€2,307▼ 7.3%
Taxes670/3€112,182€6,562-€2,489€2,307▼ 7.3%
Tax adjustments and reversals of tax provisions77--€716---
Profit (loss) for the period9904€2.2m-€748,153-€932,039-€2.9m-€4.0m▼ 38.2%
Profit (loss) for the period to be appropriated9905€2.2m-€748,153-€932,039-€2.9m-€4.0m▼ 38.2%
Line20212022202320242025Change
Assets
Total assets20/58€24.7m€21.5m€20.9m€17.8m€16.5m▼ 7.4%
Fixed assets21/28€16.6m€14.7m€15.6m€12.2m€10.8m▼ 11.3%
Intangible fixed assets21---€41,029€36,873▼ 10.1%
Tangible fixed assets22/27€7.9m€7.2m€6.7m€6.0m€5.6m▼ 7.5%
Land and buildings22€1.0m€955,706€894,403€842,781€793,975▼ 5.8%
Plant, machinery and equipment23€6.7m€6.2m€5.8m€5.2m€4.7m▼ 9.4%
Furniture and vehicles24€45,544€37,076€19,813€13,474€16,804▲ 24.7%
Assets under construction and advance payments27€68,830---€79,797-
Financial fixed assets28€8.7m€7.5m€8.9m€6.1m€5.2m▼ 15.1%
Affiliated companies280/1€8.7m€7.5m€8.8m€6.1m€5.2m▼ 15.3%
Participating interests280€3.4m€3.4m€3.4m€3.4m€3.4m=
Amounts receivable281€5.3m€4.0m€5.4m€2.7m€1.7m▼ 35.0%
Other financial fixed assets284/8€38,114€38,114€38,114€38,114€44,988▲ 18.0%
Amounts receivable and cash guarantees285/8€38,114€38,114€38,114€38,114€44,988▲ 18.0%
Current assets29/58€8.1m€6.8m€5.3m€5.6m€5.6m▲ 1.2%
Stocks and contracts in progress3€1.9m€2.3m€1.8m€1.6m€1.2m▼ 23.2%
Stocks30/36€1.9m€2.3m€1.8m€1.6m€1.2m▼ 23.2%
Raw materials and consumables30/31€1.5m€1.8m€1.5m€1.3m€1.1m▼ 19.7%
Finished goods33€439,410€560,234€364,819€289,828€175,823▼ 39.3%
Amounts receivable within one year40/41€4.1m€3.5m€3.3m€3.4m€3.1m▼ 9.6%
Trade receivables40€3.6m€2.5m€2.3m€2.4m€3.0m▲ 26.6%
Other amounts receivable41€514,587€1.0m€1.0m€1.0m€62,432▼ 93.9%
Current investments50/53€5,156€5,160€3,618€3,015€1,859▼ 38.3%
Own shares50€3,312€3,345€2,065€2,063€975▼ 52.7%
Other investments51/53€1,844€1,815€1,554€952€884▼ 7.2%
Cash at bank and in hand54/58€2.0m€882,875€142,356€461,394€1.3m▲ 178%
Deferred charges and accrued income490/1€75,366€57,214€71,053€89,741€34,715▼ 61.3%
Equity and liabilities
Total equity and liabilities10/49€24.7m€21.5m€20.9m€17.8m€16.5m▼ 7.4%
Equity10/15€18.1m€14.6m€13.7m€10.8m€8.1m▼ 25.1%
Contributions10/11€13.9m€13.9m€13.9m€13.9m€15.2m▲ 9.4%
Capital10€7.5m€7.5m€7.5m€7.5m€8.8m▲ 17.2%
Issued capital100€7.5m€7.5m€7.5m€7.5m€8.8m▲ 17.2%
Outside capital11€6.4m€6.4m€6.4m€6.4m€6.4m=
Share premium1100/10€6.4m€6.4m€6.4m€6.4m€6.4m=
Reserves13€854,112€854,112€854,112€854,112€854,112=
Non-distributable reserves130/1€854,112€854,112€854,112€854,112€854,112=
Legal reserve130€754,112€754,112€754,112€754,112€754,112=
Own shares acquired1312€100,000€100,000€100,000€100,000€100,000=
Profit (loss) carried forward14€3.4m-€156,040-€1.1m-€4.0m-€8.0m▼ 100%
Provisions and deferred taxes16€246,626€218,474€209,374€186,730€170,567▼ 8.7%
Provisions for liabilities and charges160/5€246,626€218,474€209,374€186,730€170,567▼ 8.7%
Pensions and similar obligations160€2,893-----
Other liabilities and charges164/5€243,733€218,474€209,374€186,730€170,567▼ 8.7%
Amounts payable17/49€6.3m€6.7m€7.1m€6.8m€8.2m▲ 20.6%
Amounts payable after more than one year17€681,563€644,989€814,837€579,589€429,716▼ 25.9%
Financial debts170/4€681,563€644,989€814,837€579,589€429,716▼ 25.9%
Leasing and similar obligations172€15,974-----
Credit institutions173€665,589€644,989€814,837€579,589€429,716▼ 25.9%
Amounts payable within one year42/48€5.6m€6.0m€6.2m€6.2m€7.8m▲ 25.1%
Current portion of amounts payable after more than one year42€498,956€394,561€357,361€513,256€149,873▼ 70.8%
Financial debts43€1.1m€2.7m€1.5m€1.8m€2.5m▲ 42.9%
Credit institutions430/8€1.1m€2.7m€1.5m€1.8m€2.5m▲ 42.9%
Trade debts44€2.3m€1.5m€3.2m€2.8m€4.1m▲ 47.1%
Suppliers440/4€2.3m€1.5m€3.2m€2.8m€4.1m▲ 47.1%
Advances received on contracts in progress46€862,861€547,724€275,644€235,264€110,756▼ 52.9%
Taxes, remuneration and social security45€835,931€845,315€779,159€872,750€830,075▼ 4.9%
Taxes450/3€107,482€126,222€132,124€127,922€163,806▲ 28.1%
Remuneration and social security454/9€728,449€719,092€647,035€744,828€666,269▼ 10.5%
Other amounts payable47/48--€142,662---
Accrued charges and deferred income492/3--€10,222€23,775€17,256▼ 27.4%
Line20212022202320242025Change
Profit (loss) for the period9904€2.2m-€748,153-€932,039-€2.9m-€4.0m▼ 38.2%
+ Depreciation and write-downs630€1.5m€1.2m€937,792€837,918€854,744▲ 2.0%
Operating cash flow (approximation)€3.7m€404,294€5,753-€2.1m-€3.1m▼ 53.0%
Investment in fixed assets (approximation)-€718,570-€1.8m€2.5m€528,031▼ 79.1%
Change in cash--€1.2m-€740,520€319,038€820,984▲ 157%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
State Gazette act Resignation: Simac Solutions BV (day-to-day manager)
Power of attorney8 facts ▸
  • Board meeting, 11-07-2026
  • Director resignation, Simac Solutions BV (day-to-day manager)
  • Power of attorney
  • Power of attorney, Peter De Ryck
  • Power of attorney, Florence Colpaert
  • Power of attorney, Maxine Daems
  • Power of attorney, Clément Defechereux
  • Power of attorney, Viktor D'hooge
05-06
NBB filing Annual accounts filed
fiscal year 2025 · consolidated
05-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet -€4.0m
Net result drops to -€4.0m, the lowest in the series.
01-07
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
30-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
26-06
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
26-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
21-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
21-06
NBB filing Annual accounts filed
fiscal year 2022 · consolidated
2022
29-06
NBB filing Annual accounts filed
fiscal year 2021 · consolidated
24-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €2.2m
Net result €2.2m after one loss-making year.
2019
31-12
Financial Back to profitnet €901,329
Net result €901,329 after one loss-making year.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
2 of 67 acts read
About the unread acts

Of the 67 Belgian State Gazette acts we know for this company, 2 have been read. The other 65 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
65 of this company's 67 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
3.1 ha
Building footprint
1.5 ha
Volume, LiDAR
113,185 m³
2 parcels, Brussels, Flanders · tallest building 23.6 m, ±8 floors. Linked by address, not a title deed.
262 companies at this address See who is registered here
1 establishment unit
Roosveld 5, 3400 Landen
NACE 27422
since 19932.059.406.406
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
24059A0492/00E000 Flanders 3.1 ha 1 · 1.5 ha 13.8 m · 2 fl.
21803C0244/00A002 Brussels 100 m² 1 · 99 m² 23.6 m · 8 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

2 people since 2026, 0 in office
Show
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
SIMAC Solutions BV
  • Day-to-day manager, until 28-05-2026
Simac Solutions SRL
  • Day-to-day manager, until 28-05-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

7 owners · 1 holding

Owners 7

Holdings 1

According to the 2025 annual accounts of COIL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 11 entries · 38,834 EUR awarded · 38,385 EUR paid
Year Entries awardedpaid
2025 3 8,138 EUR8,302 EUR
2024 3 8,872 EUR8,847 EUR
2023 2 11,962 EUR12,566 EUR
2022 3 9,862 EUR8,670 EUR
Schemes
4 entries · 20,861 EUR · 20,861 EUR paid · Departement Werk en Sociale Economie
4 entries · 10,287 EUR · 9,838 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 6,280 EUR · 6,280 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie
2 entries · 1,406 EUR · 1,406 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

967600DULSDZGUQ3RU35
live in the LEI register

Similar companies · same sector, comparable size

Of 710 companies in sector 25510 we hold annual accounts for 410. 122 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded09-09-1992
Fiscal year end31-12
Activities, NACEBEL 2025
25510Coating of metals
E-invoicing
Reachable via Peppol
Peppol ID 0208:0448204633
Registered 31-10-2025

Register as of 27 September 2026 · Peppol Directory

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

General meetings

16 convocations
Extraordinary general meeting
on 20-11-2025 at 10u · published 05-11-2025
Agenda
1. Démissions et nominations d’administrateurs. 2. Modification de l’article 18 des statuts concernant la présidence du conseil d’administration de la Société, en sorte que la voix du président du conseil d’administration soit désormais prépondérante en chaque instance de partage des voix. 3. Modification de la disposition relative au pouvoir de représenta- tion externe de l’organe d’administration et, par conséquent, modifica- tion de l’article 29 des statuts. 4. Procuration
Ordinary general meeting
on 05-06-2024 at 10u · published 21-05-2024
Agenda
1. Vragen van de aandeelhouders aan de bestuurders en aan de commissaris overeenkomstig artikel 7 :139 van het Wetboek van Vennootschappen en Verenigingen. 2. Voorlezing van de verslagen van de raad van bestuur en de commissaris met betrekking tot de jaarrekening en de geconsolideerde jaarrekening over het boekjaar afgesloten op 31 december 2023 en voorlegging van de geconsolideerde jaarrekening over het boekjaar afgesloten op 31 december 2023. 3. Goedkeuring van de jaarrekening over het boekjaar afgesloten op 31 december 2023. Voorstel van beslissing : De algemene vergadering besluit de jaarrekening over het boekjaar afgesloten op 31 december 2023, goed te keuren. 4. Beslissing met betrekki ...
Ordinary general meeting
on 07-06-2023 at 10u · published 22-05-2023
Agenda
1. Questions des actionnaires aux administrateurs et au commissaire conformément à l’article 7 :139 du Code des sociétés et des associations. 2. Lecture des rapports du conseil d’administration et du commis- saire sur les comptes annuels et les comptes consolidés de l’exercice social clôturé au 31 décembre 2022, et lecture des comptes annuels consolidés de l’exercice social clôturé au 31 décembre 2022. 3. Approbation des comptes annuels de l’exercice social clôturé au 31 décembre 2022. 48225 MONITEUR BELGE — 22.05.2023 − Ed. 2 — BELGISCH STAATSBLAD Proposition de décision : L’assemblée générale décide d’approuver les comptes annuels de l’exercice social clôturé au 31 décembre 2022. 4. Décisi ...
General meeting
on 14-09-2022 at 10u · published 26-08-2022
Agenda
1. Uitkering van een tussentijds dividend ter waarde van bruto EUR 1,00 per aandeel. Voorstel van beslissing : De vergadering besluit om een tussentijds dividend uit te keren aan de aandeelhouders op basis van de cijfers van het laatst afgesloten boekjaar (met name het boekjaar afgesloten per 31 december 2021) voor een bedrag van bruto EUR 1,00 per aandeel. 2. Toekenning van een bonus aan de niet-uitvoerende bestuurders. Voorstel van beslissing : De algemene vergadering besluit een bonus toe te kennen aan niet- uitvoerende bestuurders Patrick Chassagne en Thomas Frost voor een bedrag van EUR 60.000,00 per persoon. 3. Vragen van de aandeelhouders. 4. Diversen. * * * TOELATINGSVOORWAARDEN EN H ...
Ordinary general meeting
on 01-06-2022 at 10u · published 16-05-2022
Agenda
1. Vragen van de aandeelhouders aan de bestuurders en aan de commissaris overeenkomstig artikel 7 :139 van het Wetboek van Vennootschappen en Verenigingen. 2. Voorlezing van de verslagen van de raad van bestuur en de commissaris met betrekking tot de jaarrekening en de geconsolideerde jaarrekening over het boekjaar afgesloten op 31 december 2021, en voorlegging van de geconsolideerde jaarrekening over het boekjaar afgesloten op 31 december 2021. 3. Goedkeuring van de jaarrekening over het boekjaar afgesloten op 31 december 2021. Voorstel van beslissing : De algemene vergadering besluit de jaarrekening over het boekjaar afgesloten op 31 december 2021, goed te keuren. 4. Beslissing met betrekk ...
Show 11 more convocations
Ordinary general meeting
published 17-05-2021
Agenda
1. Questions des actionnaires aux administrateurs et au commissaire conformément à l’article 7:139 du Code des sociétés et des Associations 2. Lecture des rapports du conseil d’administration et du commis- saire sur les comptes annuels et les comptes consolidés de l’exercice social clôturé au 31 décembre 2020 et lecture des comptes annuels consolidés de l’exercice social clôturé au 31 décembre 2020 3. Approbation des comptes annuels de l’exercice social clôturé au 31 décembre 2020 Proposition de décision : L’assemblée générale décide d’approuver les comptes annuels de l’exercice social clôturé au 31 décembre 2020. 4. Décision concernant l’affectation du résultat Proposition de décision : Le ...
Ordinary general meeting
on 06-06-2018 at 10u · published 22-05-2018
Agenda
1. Voorlezing van de verslagen van de raad van bestuur en de commissaris met betrekking tot de jaarrekening en de geconsolideerde jaarrekening over het boekjaar afgesloten op 31 december 2017 en voorlegging van de geconsolideerde jaarrekening over het boekjaar afgesloten op 31 december 2017. 2. Goedkeuring van de jaarrekening over het boekjaar afgesloten op 31 december 2017. Voorstel van beslissing : De vergadering besluit de jaarrekening over het boekjaar afgesloten op 31 december 2017, goed te keuren. 3. Beslissing met betrekking tot de bestemming van het resultaat. Voorstel van beslissing : Het te bestemmen resultaat bedraagt : - Overgedragen resultaat : resultaat : 7.135.978,62 EUR - Res ...
General meeting
on 21-11-2017 at 11u · published 06-11-2017
Agenda
1. Distribution d’un dividende intercalaire d’un montant de EUR 0,50 brut par action. Proposition de décision : L’assemblée générale décide de distribuer un dividende intercalaire aux actionnaires sur base des chiffres des derniers comptes clôturés (à savoir l’exercice social clôturé au 31 décembre 2016,
Extraordinary general meeting
on 22-12-2016 at 11u · at the registered office · published 06-12-2016
Agenda
1. Kennisname van het verslag van de raad van bestuur waarbij een omstandige verantwoording wordt gegeven van de voorgestelde omzetting van de oprichtersaandelen, zoals voorzien in artikel 12 van de statuten, in gewone aandelen, opgesteld in uitvoering van artikel 560 van het Wetboek van vennootschappen. 2. Omzetting van de oprichtersaandelen in gewone aandelen. Voorstel van besluit : Goedkeuring van de omzetting van de oprichtersaandelen in gewone aandelen, waarbij elk oprichtersaandeel wordt omgezet in één gewoon aandeel, en bijgevolg : (a) Vervanging van de tweede alinea van artikel 5 van de statuten teneinde het nieuwe aantal gewone aandelen weer te geven; (b) Schrapping van artikel 12 v ...
Ordinary general meeting
published 17-05-2016
Agenda
1. Lecture des rapports du conseil d’administration et du commis- saire sur les comptes annuels et les comptes consolidés de l’exercice social clôturé au 31 décembre 2015 et lecture des comptes annuels consolidés de l’exercice social clôturé au 31 décembre 2015 2. Approbation des comptes annuels de l’exercice social clôturé au 31 décembre 2015 Proposition de décision : L’assemblée décide d’approuver les comptes annuels de l’exercice social clôturé au 31 décembre 2015. 3. Décision concernant l’affectation du résultat de l’exercice social clôturé au 31 décembre 2015 Proposition de décision : L’assemblée décide de ne pas distribuer de dividende et de reporter les bénéfices de l’exercice 2015 à ...
Ordinary general meeting
on 03-06-2015 at 10u · published 15-05-2015
Agenda
1. Voorlezing van de verslagen van de raad van bestuur en de commissaris met betrekking tot de jaarrekening en de geconsolideerde jaarrekening over het boekjaar afgesloten op 31 december 2014. 2. Goedkeuring van de jaarrekening en de geconsolideerde jaar- rekening over het boekjaar afgesloten op 31 december 2014. Voorstel van beslissing : De vergadering heeft besloten de jaarrekening en de geconsolideerde jaarrekening over het boekjaar afgesloten op 31 december 2014 goed te keuren. 3. Beslissing met betrekking tot de bestemming van het resultaat van het boekjaar afgesloten op 31 december 2014. Voorstel van beslissing : De vergadering heeft besloten om geen dividenden uit te keren en om de wi ...
Ordinary general meeting
on 25-06-2014 at 10u · published 06-06-2014
Agenda
1. Voorlezing van de verslagen van de raad van bestuur en de commissaris met betrekking tot de jaarrekening en de geconsolideerde jaarrekening over het boekjaar afgesloten op 31 december 2013. 2. Goedkeuring van de jaarrekening en de geconsolideerde jaar- rekening over het boekjaar afgesloten op 31 december 2013. Voorstel van beslissing : de vergadering heeft besloten de jaarrekening en de geconsolideerde jaarrekening over het boekjaar afgesloten op 31 december 2013, goed te keuren. 3. Beslissing met betrekking tot de bestemming van het resultaat van het boekjaar afgesloten op 31 december 2013. Voorstel van beslissing : de vergadering heeft besloten om geen dividenden uit te keren en om het ...
Ordinary general meeting
on 04-06-2014 at 10u · published 27-05-2014
Agenda
1. Voorlezing van de verslagen van de raad van bestuur en de commissaris met betrekking tot de jaarrekening en de geconsolideerde jaarrekening over het boekjaar afgesloten op 31 december 2013. 2. Goedkeuring van de jaarrekening en de geconsolideerde jaar- rekening over het boekjaar afgesloten op 31 december 2013. Voorstel van beslissing : De vergadering heeft besloten de jaarrekening en de geconsolideerde jaarrekening over het boekjaar afgesloten op 31 december 2013 goed te keuren. 3. Beslissing met betrekking tot de bestemming van het resultaat van het boekjaar afgesloten op 31 december 2013. Voorstel van beslissing : De vergadering heeft besloten om geen dividenden uit te keren en om het v ...
Ordinary general meeting
on 06-11-2013 at 11u · published 21-10-2013
Agenda
1. Beëindiging van het mandaat van bestuurders. Voorstel van beslissing : Er wordt voorgesteld dat de algemene vergadering beslist om het bestuursmandaat van ieder van de volgende bestuurders met onmid- dellijke ingang te beëindigen : • De heer James CLARKE; en • De heer Patrick CHASSAGNE. De te verlenen kwijting voor de uitoefening van hun mandaat gedurende de periode van het begin van het lopend boekjaar tot de datum van hun ontslag, wordt aan de eerstvolgende gewone algemene vergadering voorgelegd. 2. Beëindiging van het mandaat van een andere bestuurder. Voorstel van beslissing : Er wordt voorgesteld dat de algemene vergadering beslist om het bestuursmandaat van de volgende bestuurder me ...
Ordinary general meeting
on 05-06-2013 at 10u · published 21-05-2013
Agenda
1. Lecture des rapports du conseil d’administration et du commis- saire sur les comptes annuels et les comptes consolidés de l’exercice social clôturé au 31 décembre 2012. 2. Approbation des comptes annuels et des comptes annuels conso- lidés de l’exercice social clôturé au 31 décembre 2012. Proposition de décision : L’assemblée décide d’approuver les comptes annuels et les comptes annuels consolidés de l’exercice social clôturé au 31 décembre 2012. 3. Décision concernant l’affectation du résultat de l’exercice social clôturé au 31 décembre 2012. Proposition de décision : L’assemblée décide de ne pas distribuer de dividende et de reporter le résultat net de l’exercice 2012 à l’exercice suiva ...
Extraordinary general meeting
on 10-11-2010 at 11u · published 15-10-2010
Agenda
1. Benoeming van twee bestuurders De raad van bestuur stelt de algemene vergadering voor om de tot benoeming van de volgende twee bestuurders over te gaan : — De heer Philip Nigel Hughes, Ash House, Ash Lane Ollerton, Cheshire WA16RQ (Verenigd Koninkrijk) (Andere functie die hij momenteel bekleedt : voorzitter van PH Property Holdings Limited) — De heer James Peter, Clarke, Baytree House Parkfield Road Knuts- ford WA16 NP (Verenigd Koninkrijk) (beroep : investeerder in risico- kapitaal) Voorstel van beslissing : De algemene vergadering beslist in hoedanigheid van bestuurder, voor een termijn van vier jaar, te benoemen, met onmiddellijke ingang, in hoedanigheid van bestuurders, de heer Philip ...