Equity
€367,986 ▲ 4.7%
CONSTRUCTION ET COORDINATION paid out €40,000 in dividends. That is 71% of the 2025 profit.
CONSTRUCTION ET COORDINATION
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €207,499 (2024)
€174,799▼ 15.8%
peak €87,087 (2024)
€56,622▼ 35.0%
peak €371,621 (2022)
€367,986▲ 4.7%
€396,446▼ 21.4%
peak 0.6 FTE (2020)
-not published
Board2 names since 2021
2 directorsJean-Loïck MICHAUX and 1 other
Documentsfilings and deeds
21-05-202671 days before the deadline
2025financial year
Gross margin from €207,499 to €174,799Result from €87,087 to €56,622Dividend €40,000Debts from €504,102 to €396,446Cash from €118,962 to €57,809
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 54% of micro companies in rental and leasing (NACE 77)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.3 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.58, cash €57,809, halved
lowers risk
Size: total assets €764,432
Founded in 1990
Figures for financial year 2025 (filed on 21-05-2026)
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 77, micro). It does better than 63% of them on solvency, 30% on liquidity, 69% on profitability and 54% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as CONSTRUCTION ET COORDINATION has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of CONSTRUCTION ET COORDINATION itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 20,137 companies, not a prediction for CONSTRUCTION ET COORDINATION. 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.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.58 (0.6 in 2024), below 1. Short-term debt is 51.9% and cash 7.6% of total assets. 51.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €367,986
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 days early
2024
29 days late
2023
26 days late
2022
31 days late
2021
29 days late
2020
30 days late
2019
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0442510634
Capital decrease of €186,300 to €62,000
Capital from €248,300 to €62,000, 3,756 shares cancelled · Reappointments: Jean-Luc MICHAUX (director) and Jean-Loïck MICHAUX (director) · Director discharge: Jean-Luc MICHAUX · General meeting of 13-11-2023 · Gazette deed
Appointment: MICHAUX Jean-Loick (director)
General meeting of 21-09-2023 · Gazette deed
Reappointments: MICHAUX Jean-Luc (managing director) and MICHAUX Jean-Loïck (director)
General meeting of 30-04-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CONSTRUCTION ET COORDINATION Aiseau-Presles | €764,432 | €174,799 | 48.1% | - |
| RISO SANTO ET FILS Manage | €754,332 | €225,180 | 41.8% | 2 |
| BIMARENT Dentergem | €760,496 | €137,944 | 36.9% | - |
| SOLHEID LOCATION Malmedy | €593,376 | €185,766 | 47.7% | - |
| M.C.E. Bruges | €613,905 | €227,618 | 73.8% | - |
| KERFS TRANSPORT EN EXPEDITIE Houthalen-Helchteren | €821,729 | €125,769 | 24.7% | 1 |
| Taxis BOUCQ Pascal Quiévrain | €422,479 | €130,172 | 57.4% | 1.5 |
These companies have the same main activity as CONSTRUCTION ET COORDINATION: rental and leasing activities (NACE 77120). They are comparable in size and age: total assets between €422,000 and €822,000, founded between 1988 and 1999.
Official details
Source: KBO- Status
- Active since 28-12-1990Normal situation
- Activity
- Rental and leasing activitiesNACE 77120and 1 other
- Establishment unit
- 2.051.135.4726250 Aiseau-Presles, since 22-01-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2026
Annual accounts 2025
- €764,432▼ 10.6%
- Filing
- Filed on 21-05-2026, 71 days before the end of the filing period
Insights on CONSTRUCTION ET COORDINATION
CONSTRUCTION ET COORDINATION has existed since 1990. The gross margin grew from €78,938 in 2006 to €174,799 in 2025.
Solvency rose in 2025 from 41.1% to 48.1% because of lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CONSTRUCTION ET COORDINATION
- What is the company number of CONSTRUCTION ET COORDINATION?
- The company number of CONSTRUCTION ET COORDINATION is 0442.510.634. The VAT number is the same number with BE in front: BE 0442.510.634.
- Where is CONSTRUCTION ET COORDINATION based?
- The registered office is at Rue de l'S 1, 6250 Aiseau-Presles.Company details
- What does CONSTRUCTION ET COORDINATION do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77120).
- What is the legal form of CONSTRUCTION ET COORDINATION?
- CONSTRUCTION ET COORDINATION is a public limited company (NV).
- When was CONSTRUCTION ET COORDINATION founded?
- CONSTRUCTION ET COORDINATION was founded on 28-12-1990.
- Is CONSTRUCTION ET COORDINATION still active?
- Yes, CONSTRUCTION ET COORDINATION is an active enterprise in the KBO register.
- How many employees does CONSTRUCTION ET COORDINATION have?
- CONSTRUCTION ET COORDINATION had an average of 0.6 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of CONSTRUCTION ET COORDINATION?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €174,799 and 1,647 comparable companies of the same size. It probably lies between €270,000 and €830,000. It is a rough estimate.
- Is CONSTRUCTION ET COORDINATION profitable?
- In financial year 2025, CONSTRUCTION ET COORDINATION made a profit of €56,622.
- Where can I find the annual accounts of CONSTRUCTION ET COORDINATION?
- CONSTRUCTION ET COORDINATION filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CONSTRUCTION ET COORDINATION due?
- CONSTRUCTION ET COORDINATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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