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Coordination Environnemnent

Active Non-profit associationfounded 1994active for 32 yearsVan Elewyckstraat 35, 1050 IxellesKBO/BCE: BE 0454.132.719

Lifetime

6 annual accounts with figures on one time axis, 7 filings since 2006
peak €544,856 (2022)
€491,396▲ 0.1%
lowest -€37,203 (2023)
€13,330▲ €50,532
peak €260,532 (2022)
€236,659▲ 6.0%
€157,722▲ 15.1%
peak 7.9 FTE (2014)
-not published
Board8 names since 2019
3 directorsPATRICK VERSTRAETE and 2 others
Documentsfilings and deeds
09-07-202522 days before the deadline
2024micro format
Back to profit: €13,330Resignation: VALENTINE FRUCHART (director) 27-11Debts from €137,002 to €157,722Cash from €258,859 to €353,270

Key points

from the 2024 annual accounts

Result

€13,330 €13,330
-€37,2002023€13,3002024

Back in profit in 2024, after a loss of €37,203 in 2023.

Turnover

≈ €590,000 estimated

The micro format states no turnover.

Payment terms

0 days to suppliers
Suppliers
45 to 0

Coordination Environnemnent pays its suppliers 45 days earlier than in 2023.

Liquidity

6.37 was 4.04 in 2023

Short-term debts fell from €88,374 to €60,425.

Filings

7 annual accounts 100 days past the deadline
AprilJune31 JulyOctober201020152020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

56
Fair
Financially stronger than 55% of micro companies in membership organisations (NACE 94)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 1,220 companies (NACE 94, 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: < 0.1%● 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 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 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 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

85-2equity 60.0% of total assets
97+6short-term debt 15.3% · cash 89.6%
46+34return on assets 3.4%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 30-06-2025)
lowers risk
Legal form: non-profit association
Liquidity: current ratio 6.37, cash €353,270
Sector: Activities of membership organisations (NACE 94)
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 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).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as Coordination Environnemnent has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

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.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit verdict

Credit of up to €13,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

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.

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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 · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 6.37, cash €353,270
NBB · annual accounts
lowers risk · Sector: Activities of membership organisations (NACE 94)
KBO
raises risk · Figures for financial year 2024 (filed on 30-06-2025)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 100 days later.
NBB · 7 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline08-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
22 days early
2023
6 days late
2022
24 days early
2021
19 days late
2014
158 days late
2007
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

KV
Director
DJ
Director
Board & ownership

Recent changes

4 directors appointed, 1 resignation, 2 reappointments Resignation: LAURENT GEISSMANN · Appointments: DENIS JACOB, GEOFFREY DEFUISSEAUX, PATRICK VERSTRAETE (chair) and KATRIN VERSTRAETE (treasurer) · Reappointments: PATRICK VERSTRAETE and KATRIN VERSTRAETE · Board meeting of 30-06-2025 · Gazette deed
Resignation: VALENTINE FRUCHART (director) General meeting of 20-06-2024 · Gazette deed
Appointment: LAURENT GEISSMANN (director) General meeting of 16-06-2023 · Gazette deed
3 directors appointed, 1 resignation, 1 reappointment Resignation: AMELIE GREGOIRE · Reappointment: PATRICK VERSTRAETE · Appointments: KATRIN VERSTRAETE (treasurer), PATRICK VERSTRAETE (chair) and VALENTINE FRUCHART (secretary) · Board meeting of 18-11-2022 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 21-06-1994Normal situation
Registered office
23 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 8 November 2026.
Activity
Activities of membership organisationsNACE 94994
Establishment unit
2.179.213.2821050 Ixelles, since 01-01-2003
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2024

€394,382▲ 9.4%
Filing
Filed on 09-07-2025
Financials

Insights on Coordination Environnemnent

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.

Key facts about Coordination Environnemnent

What is the company number of Coordination Environnemnent?
The company number of Coordination Environnemnent is 0454.132.719. The VAT number is the same number with BE in front: BE 0454.132.719.
Where is Coordination Environnemnent based?
The registered office is at Van Elewyckstraat 35, 1050 Ixelles.Company details
What does Coordination Environnemnent do?
According to the KBO register, the main activity is activities of membership organisations (NACE 94994).
What is the legal form of Coordination Environnemnent?
Coordination Environnemnent is a non-profit association (VZW).
When was Coordination Environnemnent founded?
Coordination Environnemnent was founded on 21-06-1994.
Is Coordination Environnemnent still active?
Yes, Coordination Environnemnent is an active enterprise in the KBO register.
How many employees does Coordination Environnemnent have?
Coordination Environnemnent had an average of 6.9 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of Coordination Environnemnent?
The turnover in financial year 2024 is ≈ €590,000. This figure is estimated from the gross margin of €491,396 and 32 comparable companies (NACE 949). It probably lies between €540,000 and €910,000.
Is Coordination Environnemnent profitable?
In financial year 2024, Coordination Environnemnent made a profit of €13,330.
Where can I find the annual accounts of Coordination Environnemnent?
Coordination Environnemnent filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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