Skip to content

COOR SERVICE MANAGEMENT

Active
Public limited companyfounded 2003active for 23 yearsPantserschipstraat 181, 9000 Gent, BelgiumKBO/BCE: BE 0480.088.929
Summary

COOR SERVICE MANAGEMENT has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.2m and a net result of €783,106. Equity has been growing by about 7% per year since 2018. Its solvency ranks better than 60% of 190 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 18-04-2003 Normal situation
Registered office
11 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Repair and maintenance of machinery NACE 33120and 2 others
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.134.172.224 9000 Gent, since 01-06-2003
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
Auditor
BV PwC Bedrijfsrevisoren
Shareholders
  • Coor Service Management ABannual accounts 2025
  • Coor Service Management Group ABannual accounts 2025

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€12.7m
▲ 4.7%
Profit
€783,106
▼ 7.0%
Equity
€5.2m
▲ 17.6%
Total assets
€9.4m
▼ 12.2%
Employees on 31-12-2025
87
▼ 2.2%
Filed on 05-07-2026, 26 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 2.11, cash €5.7mFounded in 2003Size: turnover €12.7m, 72.8 FTE, total assets €9.4mEquity €5.2m (55.6% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 78% of medium-sized companies in repair and installation of machinery (NACE 33)
Financial strength · tick: 2024
Strong
Solvency 81+14
equity 55.6% of total assets
Liquidity 79+9
short-term debt 44.4% · cash 60.2%
Profitability 69+1
return on assets 8.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (35 companies, NACE 33, medium-sized)
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 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged 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 12-2025 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 06-2026highest value 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
Credit of up to €500,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.11 (1.61 in 2024), above the usual 1.5. Short-term debt is 44.4% and cash 60.2% of total assets. 44.4% of the assets are financed with debt and provisions.
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 33, medium-sized). It does better than 88% of them on solvency, 99% on liquidity, 56% on profitability and 68% on growth.

The bankruptcy probability was computed on 01-11-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.11, cash €5.7m
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €12.7m, 72.8 FTE, total assets €9.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €5.2m (55.6% of total assets)
NBB · annual accounts
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 05-07-2026, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
26 days early
2024
28 days late
2023
28 days early
2022
19 days early
2021
2 days early
2020
25 days early
2019
15 days early
← 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 12 days before the deadline. In the sector (NACE 33), 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 12 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Directors leftlatest change 12-12-2025 · 2 in office 2 left View
  • Positive: 5th largest employer in East Flanders, Repair and installation of machinery sectorin the Checked rankings No. 5 View
  • Positive: 8 profitable years in a rowprofit 2025: €783,106 8 years View
  • Merger with ADDICI SECURITYmerger on 28-09-2026 2026 View

Recent changes

  1. · Gazette deed Merger: COOR SERVICE MANAGEMENT takes over ADDICI SECURITY
  2. · Gazette deed Merger proposal: Coor Service Management takes over Addici Security
  3. · Gazette deed Reappointment: PwC Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Mathias Berten · Resignation: Peter Andreas Engdahl (director)
All 22 events

Comparable companies

These companies have the same main activity as COOR SERVICE MANAGEMENT: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €6.1m and €16m, founded between 1988 and 2008.

CompanyTotal assetsTurnover
COOR SERVICE MANAGEMENT Gent€9.4m€12.7m
ATELIERS MARCEL LAMBERT Fleurus€7.4m€17.6m
Poerderie Kortrijk€6.1m€3.7m
J-TEC SERVICE Kapellen€7.5m€5.6m
EUROPEAN COMBINED REEFERS Antwerpen€8.6m€14.0m
Technical Talents Kortrijk€12.9m€23.1m
SOMATI FIE Aalst€16.0m€32.2m
Full comparison

Key facts about COOR SERVICE MANAGEMENT

What is the company number of COOR SERVICE MANAGEMENT?
The company number of COOR SERVICE MANAGEMENT is 0480.088.929. The VAT number is the same number with BE in front: BE 0480.088.929.
Where is COOR SERVICE MANAGEMENT based?
The registered office is at Pantserschipstraat 181, 9000 Gent.Company details
What does COOR SERVICE MANAGEMENT do?
According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
What is the legal form of COOR SERVICE MANAGEMENT?
The legal form of COOR SERVICE MANAGEMENT is Public limited company (NV).
When was COOR SERVICE MANAGEMENT founded?
COOR SERVICE MANAGEMENT was founded on 18-04-2003.
Is COOR SERVICE MANAGEMENT still active?
Yes, COOR SERVICE MANAGEMENT is an active enterprise in the KBO register.
How many employees does COOR SERVICE MANAGEMENT have?
COOR SERVICE MANAGEMENT had an average of 72.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does COOR SERVICE MANAGEMENT fall under?
In its 2025 annual accounts, COOR SERVICE MANAGEMENT states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw), 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of COOR SERVICE MANAGEMENT?
The turnover of COOR SERVICE MANAGEMENT was €12.7m in financial year 2025, according to the filed annual accounts.
Is COOR SERVICE MANAGEMENT profitable?
In financial year 2025, COOR SERVICE MANAGEMENT made a profit of €783,106.
Where can I find the annual accounts of COOR SERVICE MANAGEMENT?
COOR SERVICE MANAGEMENT filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COOR SERVICE MANAGEMENT due?
COOR SERVICE MANAGEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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