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Complete company report
Generated 03-09-2026
Active BE 0461.977.742Private limited company

COTEK

Hendelstraat 4 ·9910 Aalter, Belgium· 28 yrs active
Sector: Coating van metalen (25510)
Conclusion Checked

COTEK has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €654k and a net result of €224k. The computed 12-month bankruptcy probability is 0.6% (low).

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €654k
Net result €224k
Active 28 yrs
Locations 1
Financial profile 5 of 5 axes measured · computed by Checked
Health94Profitability100Solvency76Growth78Stability100
90 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 94
Profitability 100
Solvency 76
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.6% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record −

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1997, 28 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
94 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview27 NBB filings
Annual accounts filed on 30-01-2026 with the NBB · fiscal year 2025 · abbreviated schema
€0€100k€200kOperating result 2024: €129k€129kNet result 2024: €68k€68kOperating result 2025: €112k€112kNet result 2025: €224k€224k20242025
Operating resultNet result
EBITDA
€162k
-20.7% 24-25
Net profit
€224k
+228.7% 24-25
Cash flow
€275k
+90.9% 24-25
Total assets
€1.92M
+3.8% 24-25
Equity
€654k
+13.1% 24-25
Working capital
€374k
+27.4% 24-25
Employees (FTE)
0
- 24-25
Income taxes
€34k
+20.2% 24-25
Dividends
€148k
- 24-25
Debt
€1.25M
-0.4% 24-25
Debt ≤ 1y
€151k
+37.1% 24-25
Debt > 1y
€1.08M
-3.6% 24-25
Current ratio
3.48
-5.2% 24-25
Quick ratio
3.48
-5.2% 24-25
Solvency
34.0%
+9.0% 24-25
Debt / equity
1.92
-12.0% 24-25
ROE
34.3%
+190.6% 24-25
ROA
11.7%
+216.7% 24-25
Interest coverage
6.63
+15.7% 24-25
Figures by fiscal year and ratios
Fiscal year2025
Depositabbreviated schema
Revenue-
EBITDA€162k
Net profit€224k
Cash flow€275k
Staff costs-
Income taxes€34k
Dividends€148k
Total assets€1.92M
Equity€654k
Debt€1.25M
of which ≤ 1y€151k
of which > 1y€1.08M
Working capital€374k
Employees (FTE)-
Ratios (computed)
2025
Current ratio3.48
Quick ratio3.48
Working capital ratio19.4%
Solvency34.0%
Debt / equity1.92
Long-term debt ratio1.66
Interest coverage6.63
Gross margin-
Net margin-
ROA11.7%
ROE34.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€1.92M
Fixed assets 21/28€1.40M
Tangible fixed assets 22/27€475k
Financial fixed assets 28€923k
Current assets 29/58€524k
Amounts receivable within one year 40/41€441k
Cash & bank 54/58€64k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.92M
Equity 10/15€654k
Contributions / capital 10/11€19k
Reserves 13€636k
Accumulated profits (losses) 14€0
Provisions & deferred taxes 16€14k
Amounts payable 17/49€1.25M
Amounts payable after one year 17€1.08M
Amounts payable within one year 42/48€151k
Trade debts payable within one year 44€28k
Income statement
Gross operating margin 9900€169k
Operating result 9901€112k
Financial income 75€171k
Financial charges 65€24k
Result before taxes 9903€258k
Income taxes 67/77€34k
Net result for the period 9904€224k
Result to be appropriated 9905€224k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Coating van metalen(25510)
Legal form Private limited company(610)
Incorporation26-11-1997
StatusActive
Postal code9910
Establishment units 1 location
COTEK BVBA
Fabriekweg(EER) 42, 8480 Ichtegemde vervaardiging van verglaasbare samenstellingen, engobes (slips), enz.
since 19972.084.378.659
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35003C0313/00V000 Flanders 1,030 m² 1 · 590 m² 5.4 m · 1 fl.
44067A0698/00A002 Flanders 658 m² 1 · 92 m² 8.3 m · 2 fl.
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.
Updates 10 events
2026
30-01-2026 NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
01-10-2024 NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
14-06-2023 NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
19-06-2022 NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06-2021 NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-12-2020 NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-08-2019 NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-10-2018 NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08-2017 NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-07-2016 NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Coating van metalen25510Oppervlaktebehandeling van metalen25610Oppervlaktebehandeling en bekleding van metaal28510
Primary activity highlighted.
Names & trade names
Legal nameNL COTEK
Registered office
Hendelstraat 4
9910 Aalter, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative