Result
Back in profit in 2024, after a loss of €37,203 in 2023.
Back in profit in 2024, after a loss of €37,203 in 2023.
The micro format states no turnover.
Coordination Environnemnent pays its suppliers 45 days earlier than in 2023.
Short-term debts fell from €88,374 to €60,425.
2025 accounts not filed: deadline was 31-07-2026.
A confirmed filing finding caps the score at 59.
The dashed line is the sector median: < 0.1% across 1,220 companies (NACE 94, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 94, micro). It does better than 43% of them on solvency, 75% on liquidity, 43% on profitability and 59% on growth.
The bankruptcy probability was computed on 07-11-2026 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 31-12-2024.
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).
In July 2024, 17,041 companies had the same profile as Coordination Environnemnent has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Coordination Environnemnent itself: < 0.1% within 12 months.
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 17,041 companies, not a prediction for Coordination Environnemnent. 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.
Liquidity is ample, with a current ratio of 6.37 (4.04 in 2023), above the usual 1.5. Short-term debt is 15.3% and cash 89.6% of total assets. 40% of the assets are financed with debt and provisions.
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.
The company filed its last 6 accounts on average 23 days after the deadline. In the sector (NACE 94), the median for financial year 2024 was 29 days before the deadline, and 25% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Coordination Environnemnent Ixelles | €394,382 | €491,396 | 60.0% | - |
| Fietsersbond Brussels | €404,380 | €686,591 | 55.8% | 8.2 |
| Nature Attitude en Forêt d'Anlier asbl Habay | €492,523 | €486,430 | 53.4% | 5.8 |
| Contrat de Rivière Haute Meuse Namur | €523,869 | €509,377 | 81.8% | - |
| Avello Ixelles | €465,060 | €749,559 | 49.5% | 10.2 |
| Ferme du Parc Maximilien - Boerderij van het Maximiliaanpark Brussels | €220,048 | €520,841 | 49.3% | - |
| La Maison liégeoise de l'Environnement Liège | €407,353 | €395,800 | 42.7% | - |
These companies have the same main activity as Coordination Environnemnent: activities of membership organisations (NACE 94994). They are comparable in size and age: total assets between €220,000 and €524,000, founded between 1981 and 1998.
Coordination Environnemnent files the micro format. That format states no turnover. The gross margin rose from €279,334 in 2007 to €491,396 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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