COORDINAT-ED
ActiveCOORDINAT-ED has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €724k and a net result of €305k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 36% of 2153 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
86
/ 100
Excellent▲ +30 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+52
Solvency45▲+9
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.26 in 2024), and 74.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.3%
Return on assets
10.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
21 d early
2023
on the day
2022
50 d early
2021
42 d early
2020
47 d early
2019
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€724k▲ 36.8%
2024 · €529k
2019: €334k
2020: €413k
2021: €588k
2022: €522k
2023: €479k
2024: €529k
2019 → 2025
Total assets
€2.86M▲ 20.0%
2024 · €2.38M
2019: €2.60M
2020: €1.71M
2021: €2.23M
2022: €1.86M
2023: €2.46M
2024: €2.38M
2019 → 2025
Net result
€305k▲ 506%
2024 · €50k
2019: €-199k
2020: €78k
2021: €175k
2022: €164k
2023: €107k
2024: €50k
2019 → 2025
Working capital
€603k▲ 40.9%
2024 · €428k
2019: €-491k
2020: €380k
2021: €656k
2022: €399k
2023: €329k
2024: €428k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€588k-€522k▼ 11.1%€479k▼ 8.3%€529k▲ 10.5%€724k▲ 36.8%
Operating result€248k-€244k▼ 1.6%€177k▼ 27.7%€147k▼ 16.8%€467k▲ 218%
Net result€175k-€164k▼ 6.3%€107k▼ 35.0%€50k▼ 52.8%€305k▲ 506%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 218% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.86M
Fixed assets
€232k▼ 18.8%
Current assets
€2.63M▲ 25.3%
Equity and liabilities €2.86M
Equity
€724k▲ 36.8%
Debt
€2.14M▲ 15.3%
The debt ratio falls from 77.8% to 74.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€516k▲
2024 · €199k
Cash flow
€355k▲
2024 · €103k
Solvency
25.3%▲
2024 · 22.2%
Current ratio
1.30▲
2024 · 1.26
Quick ratio
1.26▲
2024 · 1.22
Debt / equity
2.95▼
2024 · 3.50
ROE
42.1%▲
2024 · 9.5%
ROA
10.7%▲
2024 · 2.1%
Interest coverage
10.93▲
2024 · 2.97
Debt
€2.14M▲
2024 · €1.85M
Debt ≤ 1 year
€2.03M▲
2024 · €1.67M
Debt > 1 year
€111k▼
2024 · €184k
Income taxes
€117k▲
2024 · €34k
Staff costs
€1.02M▼
2024 · €1.09M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.38M€2.86M▲
Fixed assets21/28€285k€232k▼
Tangible fixed assets22/27€102k€100k▼
Plant, machinery and equipment23€196€86▼
Furniture and vehicles24€101k€100k▼
Financial fixed assets28€184k€132k▼
Current assets29/58€2.10M€2.63M▲
Amounts receivable after more than one year29€150k€100k▼
Other amounts receivable291€150k€100k▼
Stocks and contracts in progress3€61k€76k▲
Stocks30/36€61k€76k▲
Amounts receivable within one year40/41€1.77M€1.76M▼
Trade receivables40€1.74M€1.76M▲
Other amounts receivable41€29k€0▼
Current investments50/53€6k€6k=
Cash at bank and in hand54/58€92k€662k▲
Deferred charges and accrued income490/1€22k€23k▲
Equity and liabilities
Total equity and liabilities10/49€2.38M€2.86M▲
Equity10/15€529k€724k▲
Contributions10/11€324k€324k=
Reserves13€206k€400k▲
Non-distributable reserves130/1€21k€21k=
Reserves not available under the articles1311€21k€21k=
Distributable reserves133€185k€379k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.85M€2.14M▲
Amounts payable after more than one year17€184k€111k▼
Financial debts170/4€184k€111k▼
Amounts payable within one year42/48€1.67M€2.03M▲
Current portion of amounts payable after more than one year42€130k€116k▼
Financial debts43€619k€620k▲
Credit institutions430/8€619k€620k▲
Trade debts44€767k€1.06M▲
Suppliers440/4€767k€1.06M▲
Taxes, remuneration and social security45€140k€156k▲
Taxes450/3€70k€81k▲
Remuneration and social security454/9€70k€75k▲
Other amounts payable47/48€13k€79k▲
Income statement
Code20242025
Non-recurring operating income76A€39k€22k▼
Remuneration, social security and pensions62€1.09M€1.02M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€50k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€0▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€16k€0▼
Gross operating margin9900€1.31M€1.54M▲
Operating profit (loss)9901€147k€467k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€67k€47k▼
Recurring financial charges65€67k€47k▼
Profit (loss) for the period before taxes9903€84k€422k▲
Income taxes67/77€34k€117k▲
Profit (loss) for the period9904€50k€305k▲
Profit (loss) for the period to be appropriated9905€50k€305k▲
Appropriation of the result
Profit (loss) to be appropriated9906€50k€305k▲
Transfer from equity791/2€0€110k▲
Transfer to equity691/2€50k€305k▲
To other reserves6921€50k€305k▲
Profit to be distributed694/7€0€110k▲
Return on contributions (dividend)694€0€110k▲
Social balance
Average headcount (FTE)908714.213.5▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €305k ▲506%
Operating result €467k, net result €305k, both a record.
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Equity above €500kEq €529k ▲10.5%
5 profitable years in a row build equity to €529k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Equity above €500kEq €588k ▲42.5%
2 profitable years in a row build equity to €588k.
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Back to profitnet €78k
Net result €78k after one loss-making year.
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are 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, Mechelen · 1 establishment unit since 2005
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.
Battelsesteenweg 4582800 MechelenGround area
1,017 m²
Building footprint
129 m²
Volume, LiDAR
765 m³
Parcel 12404G0476/00E005, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Coordinat-ed
since 20052.148.784.481
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12404G0476/00E005 | Flanders | 1,017 m² | 1 · 129 m² | 7.8 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,319 EUR awarded · 1,319 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 656 EUR | 656 EUR |
| 2024 | 1 | 75 EUR | 75 EUR |
| 2023 | 1 | 45 EUR | 45 EUR |
| 2022 | 1 | 543 EUR | 543 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
17 categoriesCOORDINAT-ED BV29412
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Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 7,685 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-11-1993
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45211
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.coordinat-ed.be
E-mail:info@coordinat-ed.be