COORINCK
ActiveCOORINCK is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2023 annual accounts show equity of €8k and a net result of €18k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 9% of 8999 sector peers (fiscal year 2023). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 8999 sector peers (2023).
NBB · sector comparisonPosition among 8999 sector peers
Solvency
better than 9%
← weakest
strongest →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline14-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-08-2024, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
28 d late
2021
23 d early
2020
31 d late
2019
91 d late
2018
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€8k▲ 30.5%
2021 · €6k
2018: €8k
2019: €8k
2020: €9k
2021: €6k
2018 → 2023
Net result
€18k
2021 · €-3k
2018: €545
2019: €478
2020: €308
2021: €-3k
2018 → 2023
Total assets
€425k▼ 5.2%
2021 · €448k
2018: €439k
2019: €436k
2020: €446k
2021: €448k
2018 → 2023
Solvency
1.8%▲ 0.5pp
2021 · 1.3%
2018: 1.8%
2019: 1.9%
2020: 2.0%
2021: 1.3%
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212023Trend
Equity€8k-€8k▲ 6.0%€9k▲ 3.7%€6k▼ 32.8%€8k▲ 30.5%
Operating result€841-€711▼ 15.5%€528▼ 25.7%€-3k€18k
Net result€545-€478▼ 12.4%€308▼ 35.5%€-3k€18k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €18k after a loss of €3k in 2021, the highest year so far.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €425k
Fixed assets
€399k=
Current assets
€25k▼ 48.0%
Equity and liabilities €425k
Equity
€8k▲ 30.5%
Debt
€417k▼ 5.7%
The debt ratio falls from 98.7% to 98.2%: equity grows while debt is paid down.
Key figures and ratios
Solvency
1.8%▲
2021 · 1.3%
ROE
236.6%▲
2021 · -48.9%
ROA
4.3%▲
2021 · -0.6%
Debt
€417k▼
2021 · €442k
Debt ≤ 1 year
€17k▼
2021 · €42k
Debt > 1 year
€400k=
2021 · €400k
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 · 2023 against 2021
Balance sheet
Code20212023
Assets
Total assets20/58€448k€425k▼
Fixed assets21/28€399k€399k=
Financial fixed assets28€399k€399k=
Current assets29/58€49k€25k▼
Amounts receivable within one year40/41€45k€13k▼
Trade receivables40€45k€13k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€862€10k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€448k€425k▼
Equity10/15€6k€8k▲
Contributions10/11€6k€6k=
Reserves13€1k€1k▲
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€0€130▲
Profit (loss) carried forward14€-2k€0▲
Amounts payable17/49€442k€417k▼
Amounts payable after more than one year17€400k€400k=
Financial debts170/4€400k€400k=
Amounts payable within one year42/48€42k€17k▼
Trade debts44€25k€6k▼
Suppliers440/4€25k€6k▼
Taxes, remuneration and social security45€17k€11k▼
Taxes450/3€3k€9k▲
Remuneration and social security454/9€15k€2k▼
Income statement
Code20212023
Other operating charges640/8€459€499▲
Gross operating margin9900€-2k€19k▲
Operating profit (loss)9901€-3k€18k▲
Financial charges65/66B€275€128▼
Recurring financial charges65€275€128▼
Profit (loss) for the period before taxes9903€-3k€18k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-3k€18k▲
Profit (loss) for the period to be appropriated9905€-3k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€130▲
Profit (loss) brought forward from the previous period14P-€-18k
Transfer from equity791/2€1k-
Transfer to equity691/2€0€130▲
To other reserves6921€0€130▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-3k ▼1028%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
13-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 135 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Waregem · 1 establishment unit since 2010
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.
Eikenlaan 1148790 WaregemGround area
1,808 m²
Building footprint
451 m²
Volume, LiDAR
1,667 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COORINCK
since 20102.199.429.369
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453D0023/00K002 | Flanders | 920 m² | 1 · 305 m² | 8.4 m · 2 fl. |
| 37322C1948/00D000 | Flanders | 888 m² | 1 · 145 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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GROUPE BLANC DU LANCIER
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 4,223 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-12-2010
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.