Equity
Equity fell by 98% in 12 years.
Equity fell by 98% in 12 years.
The abbreviated format states no turnover.
Of this, €418,076 falls due within a year.
Between 2016 and 2025, 46% of the full-time equivalents disappeared.
Three of the last ten came late. The 2019 accounts came latest: 67 days after the end of the period.
Higher net result than 87% of companies in computer programming and consultancy. Sector median €22,924 · 3,405 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 3 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 62, micro). It does better than 19% of them on solvency, 10% on liquidity, 82% on profitability and 38% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.
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, 3,818 companies had the same profile as COTENG has now. Each dot stands for 10 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COTENG itself: 0.3% 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 3,818 companies, not a prediction for COTENG. 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 tight, with a current ratio of 1.42 (1.11 in 2024), below the usual 1.5. Short-term debt is 52.7% and cash 4.1% of total assets. 84.5% 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 7 accounts on average 21 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| COTENG Antwerp | €0.8m | €1.0m | 15.5% | 6.1 |
| OPEN PRODUCTS, NETWORKS & SOFTWARE Antwerp | €0.9m | €1.0m | 18.4% | 8.6 |
| ROOTS Aartselaar | €0.9m | €0.7m | 71.9% | 7.6 |
| SOFTCONSTRUCT Kontich | €1.1m | €1.1m | 36.2% | 8.6 |
| XATRAX Oosterzele | €0.9m | €1.0m | 43.5% | 7.7 |
| BUILDSOFT Merelbeke-Melle | €0.8m | €0.7m | 57.5% | 6.9 |
| e2e Ghent | €0.8m | €0.8m | 50.5% | 8.3 |
These companies have the same main activity as COTENG: computer programming (NACE 62100). They are comparable in size and age: total assets between €841,000 and €1.1m, founded between 1987 and 1994.
COTENG files the abbreviated format. That format states no turnover. The gross margin rose from €598,775 in 2006 to €1.0m in 2025.
TeyeME holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.8m. Estimated: probably between €1.4m and €2.1m.
Higher than 25% of 3,405 companies in 2025.
Higher than 39% of 3,266 companies in 2025.
Higher than 80% of 3,314 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, nobody joined and 1 person left. Training hours in 2025: 44.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
792,875 | 852,284 | 1.1m | 1.2m | 1.2m | 1.1m | 1.4m | 1.4m | 1.5m | 1.0m | 1.8m | 1.7m | 5.7m | 4.5m | 4.1m | 3.5m | 2.7m | 2.4m | 2.0m | 1.7m | |
21/28 |
199,564 | 273,264 | 231,234 | 64,569 | 54,422 | 87,398 | 76,379 | 83,111 | 131,678 | 140,039 | 112,007 | 83,236 | 65,280 | 89,847 | 70,204 | 78,821 | 87,175 | 52,580 | 62,657 | 63,941 | |
22/27 |
197,025 | 270,724 | 228,694 | 62,029 | 54,383 | 87,358 | 76,339 | 83,071 | 131,638 | 139,999 | 94,182 | 65,411 | 47,455 | 72,022 | 52,379 | 60,996 | 69,350 | 34,755 | 44,832 | 46,116 | |
23 |
23,616 | 33,809 | 15,671 | 17,640 | 5,834 | 21,989 | 9,283 | 1,643 | 6,089 | 9,773 | 10,309 | 21,031 | 19,729 | 23,074 | 6,147 | 18,113 | 19,961 | 12,891 | 24,048 | 16,315 | |
24 |
170,074 | 232,506 | 211,760 | 42,689 | 44,786 | 59,084 | 58,247 | 75,082 | 115,858 | 118,038 | 67,348 | 41,087 | 25,945 | 43,017 | 36,152 | 27,793 | 38,197 | 19,532 | 15,114 | 27,632 | |
26 |
3,334 | 4,409 | 1,264 | 1,700 | 3,763 | 6,286 | 8,809 | 6,346 | 9,691 | 12,188 | 16,525 | 3,294 | 1,781 | 5,931 | 10,080 | 15,089 | 11,192 | 2,332 | 5,670 | 2,169 | |
28 |
2,540 | 2,540 | 2,540 | 2,540 | 40 | 40 | 40 | 40 | 40 | 40 | 17,825 | 17,825 | 17,825 | 17,825 | 17,825 | 17,825 | 17,825 | 17,825 | 17,825 | 17,825 | |
29/58 |
593,311 | 579,020 | 870,731 | 1.2m | 1.1m | 1.0m | 1.3m | 1.3m | 1.3m | 875,458 | 1.7m | 1.6m | 5.7m | 4.5m | 4.0m | 3.4m | 2.7m | 2.3m | 2.0m | 1.6m | |
3 |
- | - | - | - | - | - | - | - | - | - | 2,096 | 2,062 | 2,800 | 3,420 | 3,704 | 2,243 | 3,856 | 4,213 | 4,963 | 10,610 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | 2,096 | 2,062 | 2,800 | 3,420 | 3,704 | 2,243 | 3,856 | 4,213 | 4,963 | 10,610 | |
40/41 |
493,124 | 470,735 | 591,617 | 709,543 | 939,237 | 412,094 | 949,523 | 990,980 | 1.2m | 696,214 | 1.2m | 750,070 | 1.1m | 1.1m | 552,647 | 416,506 | 503,769 | 381,259 | 336,500 | 348,748 | |
40 |
484,022 | 398,628 | 432,629 | 595,783 | 784,798 | 394,477 | 508,665 | 392,133 | 526,280 | 597,852 | 708,361 | 624,542 | 439,615 | 683,104 | 550,763 | 416,464 | 501,458 | 381,177 | 335,750 | 344,545 | |
41 |
9,101 | 72,106 | 158,988 | 113,760 | 154,439 | 17,617 | 440,858 | 598,847 | 690,080 | 98,362 | 449,383 | 125,528 | 658,125 | 400,000 | 1,884 | 42 | 2,311 | 82 | 750 | 4,203 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | 302,594 | 407,682 | 4.0m | 3.0m | 2.8m | 2.7m | 1.9m | 1.6m | 1.3m | 1.0m | |
54/58 |
32,423 | 70,705 | 227,548 | 404,574 | 159,377 | 556,832 | 267,904 | 246,024 | 65,609 | 133,113 | 173,037 | 351,426 | 541,210 | 341,599 | 547,387 | 273,127 | 230,718 | 272,743 | 362,275 | 244,173 | |
490/1 |
67,764 | 37,580 | 51,566 | 54,446 | 43,248 | 53,772 | 79,376 | 87,582 | 40,096 | 46,131 | 40,252 | 62,809 | 53,884 | 69,286 | 43,360 | 23,539 | 17,767 | 9,323 | 9,335 | 8,589 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
792,875 | 852,284 | 1.1m | 1.2m | 1.2m | 1.1m | 1.4m | 1.4m | 1.5m | 1.0m | 1.8m | 1.7m | 5.7m | 4.5m | 4.1m | 3.5m | 2.7m | 2.4m | 2.0m | 1.7m | |
10/15 |
123,075 | 124,656 | 218,655 | 246,251 | 210,893 | 182,809 | 133,344 | 134,070 | 122,984 | 125,158 | 127,497 | 419,122 | 5.3m | 4.0m | 3.5m | 3.1m | 2.4m | 2.0m | 1.7m | 1.4m | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
61,075 | 57,699 | 57,699 | 57,699 | 58,511 | 59,322 | 60,134 | 60,946 | 57,699 | 57,699 | 57,699 | 57,699 | 5.2m | 4.0m | 3.5m | 3.0m | 2.4m | 2.0m | 1.6m | 1.3m | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
1319 |
- | - | - | - | - | - | - | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | |
132 |
- | - | - | 0 | 812 | 1,624 | 2,436 | 3,247 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
54,875 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | 51,499 | - | - | - | - | - | 5.1m | 3.9m | 3.4m | 3.0m | 2.3m | 1.9m | 1.6m | 1.3m | |
14 |
0 | 4,957 | 98,956 | 126,553 | 90,383 | 61,486 | 11,210 | 11,124 | 3,285 | 5,459 | 7,799 | 299,423 | 4,612 | 6,324 | 12,187 | 6,129 | 7,749 | 3,775 | 7,621 | 3,117 | |
16 |
- | - | 0 | 25,286 | 43,011 | 43,352 | 43,693 | 39,034 | 32,670 | 27,670 | 22,221 | 16,530 | 19,509 | 22,000 | 22,000 | 22,000 | 23,500 | 23,500 | 23,500 | 23,500 | |
160/5 |
- | - | 0 | 25,286 | 42,670 | 42,670 | 42,670 | 37,670 | 32,670 | 27,670 | 22,221 | 16,530 | 19,509 | 22,000 | 22,000 | 22,000 | 23,500 | 23,500 | 23,500 | 23,500 | |
162 |
- | - | 0 | 25,286 | 42,670 | 42,670 | 42,670 | 37,670 | 32,670 | 27,670 | - | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | 0 | 341 | 682 | 1,023 | 1,364 | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
669,800 | 727,628 | 883,310 | 961,595 | 942,381 | 883,936 | 1.2m | 1.2m | 1.3m | 862,669 | 1.6m | 1.2m | 447,062 | 501,811 | 489,707 | 391,578 | 297,656 | 299,277 | 299,279 | 276,130 | |
17 |
96,563 | 147,676 | 121,579 | 10,493 | 21,069 | 105,963 | 181,486 | 298,470 | 350,561 | 90,606 | 52,067 | 23,108 | - | - | - | - | - | - | - | - | |
170/4 |
96,563 | 147,676 | 121,579 | 10,493 | 21,069 | 105,963 | 181,486 | 298,470 | 350,561 | 90,606 | 52,067 | 23,108 | - | - | - | - | - | - | - | - | |
42/48 |
418,076 | 519,790 | 645,252 | 726,399 | 784,022 | 682,287 | 833,787 | 820,911 | 841,100 | 661,758 | 1.6m | 1.0m | 319,330 | 342,008 | 370,665 | 330,068 | 230,670 | 221,931 | 229,496 | 202,400 | |
42 |
61,946 | 65,716 | 75,591 | 48,287 | 109,895 | 139,996 | 153,581 | 56,042 | 37,045 | 29,370 | 14,351 | 5,492 | - | - | - | - | - | - | - | - | |
44 |
72,170 | 73,739 | 124,214 | 88,230 | 161,927 | 115,160 | 106,811 | 179,237 | 102,088 | 83,415 | 234,940 | 76,143 | 99,425 | 132,655 | 102,564 | 101,232 | 88,183 | 60,989 | 79,514 | 86,275 | |
440/4 |
72,170 | 73,739 | 124,214 | 88,230 | 161,927 | 115,160 | 106,811 | 179,237 | 102,088 | 83,415 | 234,940 | 76,143 | 99,425 | 132,655 | 102,564 | 101,232 | 88,183 | 60,989 | 79,514 | 86,275 | |
45 |
78,959 | 100,334 | 60,447 | 89,881 | 77,856 | 77,132 | 93,395 | 75,632 | 181,968 | 228,972 | 342,401 | 335,397 | 219,905 | 209,353 | 268,101 | 228,836 | 142,487 | 160,942 | 149,982 | 116,125 | |
450/3 |
17,178 | 7,246 | 0 | 21,912 | 7,064 | 11,327 | 19,365 | 9,334 | 84,577 | 126,790 | 224,145 | 193,007 | 138,674 | 123,403 | 194,420 | 155,873 | 74,881 | 94,003 | 90,253 | 59,975 | |
454/9 |
61,781 | 93,087 | 60,447 | 67,969 | 70,793 | 65,805 | 74,030 | 66,298 | 97,391 | 102,182 | 118,256 | 142,390 | 81,231 | 85,951 | 73,681 | 72,963 | 67,606 | 66,939 | 59,729 | 56,150 | |
47/48 |
205,000 | 280,000 | 385,000 | 500,000 | 434,344 | 350,000 | 480,000 | 510,000 | 520,000 | 320,000 | 962,617 | 583,060 | - | - | - | - | - | - | - | - | |
492/3 |
155,161 | 60,162 | 116,480 | 224,703 | 137,290 | 95,685 | 180,871 | 115,213 | 106,428 | 110,305 | 31,634 | 198,434 | 127,732 | 159,803 | 119,042 | 61,510 | 66,986 | 77,346 | 69,783 | 73,730 | |
| Income statement | |||||||||||||||||||||
76A |
0 | 29,012 | 9,645 | 826 | 0 | 9 | 4,343 | 9,215 | - | 5,903 | 4,339 | 4,100 | 4,150 | - | - | 403,719 | 15 | - | - | 507 | |
9900 |
1.0m | 945,134 | 1.1m | 1.2m | 1.2m | 1.1m | 1.3m | 1.4m | 1.5m | 1.5m | 1.6m | 1.4m | 1.2m | 1.1m | 997,813 | 915,633 | 873,525 | 739,019 | 682,936 | 598,775 | |
62 |
637,411 | 599,698 | 531,218 | 500,951 | 494,960 | 517,864 | 541,760 | 540,200 | 604,260 | 678,113 | 567,791 | 588,146 | 419,033 | 420,180 | 384,810 | 372,427 | 341,735 | 320,536 | 264,450 | 243,172 | |
630 |
78,721 | 75,634 | 48,404 | 29,933 | 40,245 | 32,647 | 38,278 | 49,404 | 55,254 | 57,736 | 43,403 | 43,030 | 37,442 | 41,109 | 34,723 | 31,266 | 40,408 | 33,144 | 36,655 | 29,537 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -8,430 | |
635/8 |
- | 0 | -25,286 | -17,384 | - | 0 | 5,000 | 5,000 | 5,000 | 5,449 | 5,692 | -2,979 | -2,491 | - | - | -1,500 | - | - | -11,570 | - | |
640/8 |
5,154 | 6,000 | 5,318 | 7,173 | 4,054 | 11,602 | 8,556 | 6,620 | 6,334 | 9,549 | 6,703 | 5,308 | 5,569 | 4,404 | 4,264 | 4,570 | 4,051 | 3,905 | 3,870 | 3,812 | |
66A |
- | 67 | - | - | 0 | 5,449 | 3,580 | 2,841 | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
294,821 | 263,735 | 493,436 | 723,480 | 638,756 | 539,861 | 685,994 | 751,227 | 802,169 | 794,424 | 945,900 | 744,882 | 752,072 | 593,818 | 574,016 | 508,870 | 487,331 | 381,434 | 389,531 | 330,684 | |
75/76B |
225 | 1,561 | 1,897 | 3,818 | 1,795 | 3,397 | 16,198 | 9,941 | 77 | 5,365 | 48,580 | 37,577 | 724,150 | 83,107 | 60,712 | 43,203 | 48,807 | 67,874 | 48,308 | 28,723 | |
75 |
225 | 1,561 | 1,897 | 3,818 | 1,795 | 3,397 | 14,772 | 9,941 | 77 | 5,365 | 48,580 | 37,577 | 724,150 | 83,107 | 60,712 | 43,203 | 48,807 | 67,874 | 48,308 | 28,723 | |
76B |
- | - | - | - | - | 0 | 1,425 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
9,381 | 11,705 | 9,319 | 5,369 | 7,296 | 7,838 | 13,227 | 9,384 | 6,851 | 5,308 | 4,020 | 2,192 | 1,238 | 1,085 | 526 | 554 | 648 | 561 | 475 | 417 | |
65 |
9,381 | 11,705 | 9,319 | 5,369 | 7,296 | 7,838 | 9,647 | 9,384 | 6,851 | 5,308 | 4,020 | 2,192 | 1,238 | 1,085 | 526 | 554 | 648 | 561 | 475 | 417 | |
66B |
0 | - | - | - | - | 0 | 3,580 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
285,664 | 253,591 | 486,014 | 721,930 | 633,255 | 535,419 | 688,964 | 751,785 | 795,396 | 794,480 | 994,799 | 784,367 | 1.5m | 675,840 | 634,202 | 955,238 | 535,505 | 448,747 | 437,364 | 359,497 | |
780 |
- | - | 0 | 341 | 341 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
82,245 | 67,590 | 128,611 | 186,912 | 171,168 | 136,296 | 210,031 | 229,334 | 277,569 | 276,819 | 327,100 | 214,555 | 250,847 | 191,702 | 178,144 | 291,858 | 151,531 | 127,593 | 132,860 | 109,468 | |
9904 |
203,419 | 186,001 | 357,404 | 535,358 | 462,428 | 399,464 | 479,274 | 521,086 | 517,826 | 517,661 | 667,699 | 569,812 | 1.2m | 484,138 | 456,058 | 663,380 | 383,974 | 321,154 | 304,504 | 250,029 | |
789 |
- | - | 0 | 812 | 812 | 812 | 812 | 812 | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | 4,059 | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
203,419 | 186,001 | 357,404 | 536,170 | 463,240 | 400,276 | 480,086 | 517,839 | 517,826 | 517,661 | 667,699 | 569,812 | 1.2m | 484,138 | 456,058 | 663,380 | 383,974 | 321,154 | 304,504 | 250,029 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
208,376 | 284,957 | 483,956 | 626,553 | 524,727 | 411,486 | 491,210 | 521,124 | 523,285 | 525,459 | 967,123 | 574,423 | 1.2m | 496,324 | 462,187 | 671,129 | 387,749 | 328,775 | 307,621 | 252,117 | |
14P |
4,957 | 98,956 | 126,553 | 90,383 | 61,486 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | 5.1m | - | - | - | - | - | - | - | - | |
691/2 |
3,376 | - | - | - | - | - | - | - | - | - | - | - | 1.2m | 490,000 | 450,000 | 665,000 | 380,000 | 325,000 | 300,000 | 249,000 | |
6921 |
3,376 | - | - | - | - | - | - | - | - | - | - | - | 1.2m | 490,000 | 450,000 | 665,000 | 380,000 | 325,000 | 300,000 | 249,000 | |
694/7 |
205,000 | 280,000 | 385,000 | 500,000 | 434,344 | 350,000 | 480,000 | 510,000 | 520,000 | 520,000 | 959,324 | 5.4m | - | - | - | - | - | - | - | - | |
694 |
205,000 | 280,000 | 385,000 | 500,000 | 434,344 | 350,000 | 480,000 | 510,000 | 520,000 | 520,000 | 959,324 | 5.4m | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
6.1 | 6.8 | 6.1 | 6.6 | 6.9 | 6.9 | 7.8 | 7.4 | 8.9 | 11.4 | 10 | 9.1 | 6.7 | 6.5 | 5.9 | 5.9 | 5.3 | 5 | 4 | 4 | |
Hours worked1013 |
9,528 | 11,380 | 10,248 | 10,988 | 11,820 | 12,056 | 12,728 | 12,310 | 15,112 | 19,069 | 16,660 | 15,716 | 11,296 | 10,876 | 10,004 | 10,272 | 9,216 | 9,552 | 7,424 | 6,904 | |
| Document | |||||||||||||||||||||
The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 19-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 19-05-2026 | 2026-00113421 | |
| 31-12-2024 | abbreviated format | 19-05-2025 | 2025-00099368 | |
| 31-12-2023 | abbreviated format | 31-07-2024 | 2024-00320147 | |
| 31-12-2022 | abbreviated format | 19-07-2023 | 2023-00257391 | |
| 31-12-2021 | abbreviated format | 11-07-2022 | 2022-20176610 | |
| 31-12-2020 | abbreviated format | 28-06-2021 | 2021-25400425 | |
| 31-12-2019 | abbreviated format | 06-10-2020 | 2020-59200352 | |
| 31-12-2018 | abbreviated format | 27-08-2019 | 2019-51800292 | |
| 31-12-2017 | abbreviated format | 28-08-2018 | 2018-51400084 | |
| 31-12-2016 | abbreviated format | 31-07-2017 | 2017-37800350 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-49600277 | |
| 31-12-2014 | abbreviated format | 06-08-2015 | 2015-39700199 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-49900277 | |
| 31-12-2012 | abbreviated format | 25-07-2013 | 2013-37000329 | |
| 31-12-2011 | abbreviated format | 13-06-2012 | 2012-16400530 | |
| 31-12-2010 | abbreviated format | 16-06-2011 | 2011-17600287 | |
| 31-12-2009 | abbreviated format | 21-06-2010 | 2010-20500296 | |
| 31-12-2008 | abbreviated format | 09-06-2009 | 2009-20800181 | |
| 31-12-2007 | abbreviated format | 10-06-2008 | 2008-23200128 | |
| 31-12-2006 | abbreviated format | 18-06-2007 | 2007-25100162 | |
| 31-12-2005 | abbreviated format | 15-06-2006 | 2006-25204292 | |
| 31-12-2004 | abbreviated format | 16-06-2005 | 2005-27103410 | |
| 31-12-2003 | abbreviated format | 17-06-2004 | 2004-26403979 | |
| 31-12-2002 | abbreviated format | 13-06-2003 | 2003-23502065 | |
| 31-12-2001 | abbreviated format | 11-06-2002 | 2002-19402361 | |
| 31-12-2000 | abbreviated format | 14-06-2001 | 2001-21304239 | |
| 31-12-1999 | abbreviated format | 15-06-2000 | 2000-22500570 | |
| 31-12-1998 | abbreviated format | 17-06-1999 | 1999-19304939 | |
| 31-12-1997 | abbreviated format | 15-06-1998 | 1998-17404116 | |
| 31-12-1996 | abbreviated format | 12-06-1997 | 1997-14702457 | |
| 31-12-1995 | abbreviated format | 17-06-1996 | 1996-17103215 | |
| 31-12-1994 | abbreviated format | 14-06-1995 | 1995-24002204 | |
| 31-12-1993 | abbreviated format | 16-06-1994 | 1994-15701952 | |
| 31-12-1992 | abbreviated format | 29-06-1993 | 1993-18802575 | |
| 31-12-1991 | abbreviated format | 19-06-1992 | 1992-12705356 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €71 | €71 |
| 2023 | 1 | €455 | €455 |
| 2022 | 3 | €4,768 | €4,768 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 373,541 | 339,370 | 541,840 | 753,414 | 679,001 | 572,508 | 724,272 | 800,631 | 857,423 | 852,160 | 989,303 | 787,913 | 789,514 | 634,927 | 608,739 | 540,136 | 527,739 | 414,578 | 426,186 | 360,221 | ||
| 282,140 | 261,635 | 405,808 | 565,292 | 502,674 | 432,112 | 517,552 | 570,490 | 573,080 | 575,397 | 711,102 | 612,842 | 1.3m | 525,247 | 490,780 | 694,646 | 424,382 | 354,298 | 341,159 | 279,566 | ||
| 4,625 | 128,656 | 215,070 | 40,080 | 7,270 | 65,594 | 51,269 | 33,765 | 46,893 | 103,553 | 76,348 | 60,987 | 12,875 | 60,752 | 26,107 | 22,911 | 75,300 | 23,067 | 35,371 | 22,622 | ||
| -38,282 | -156,843 | -177,026 | 245,197 | -397,455 | 288,928 | 21,880 | 180,415 | -67,504 | -39,924 | -178,389 | -189,784 | 199,611 | -205,788 | 274,260 | 42,409 | -42,025 | -89,532 | 118,102 | - | ||
| 175,235 | 59,230 | 225,479 | 442,164 | 357,841 | 340,412 | 463,015 | 503,676 | 480,965 | 213,700 | 121,413 | 573,957 | 5.3m | 4.1m | 3.6m | 3.1m | 2.4m | 2.1m | 1.7m | 1.4m | ||
| 15.5% | 14.6% | 19.8% | 20.0% | 17.6% | 16.5% | 9.7% | 9.5% | 8.5% | 12.3% | 7.1% | 25.3% | 91.8% | 88.5% | 87.4% | 88.2% | 88.3% | 86.3% | 84.2% | 82.5% | ||
| 1.42 | 1.11 | 1.35 | 1.61 | 1.46 | 1.50 | 1.56 | 1.61 | 1.57 | 1.32 | 1.08 | 1.57 | 17.71 | 13.04 | 10.75 | 10.36 | 11.52 | 10.40 | 8.62 | 8.14 | ||
| 1.42 | 1.11 | 1.35 | 1.61 | 1.46 | 1.50 | 1.56 | 1.61 | 1.57 | 1.32 | 1.08 | 1.57 | 17.70 | 13.03 | 10.74 | 10.36 | 11.50 | 10.38 | 8.59 | 8.09 | ||
| 5.44 | 5.84 | 4.04 | 3.90 | 4.47 | 4.84 | 8.97 | 9.21 | 10.55 | 6.89 | 12.85 | 2.91 | 0.09 | 0.12 | 0.14 | 0.13 | 0.12 | 0.15 | 0.17 | 0.20 | ||
| 165.3% | 149.2% | 163.5% | 217.4% | 219.3% | 218.5% | 359.4% | 388.7% | 421.1% | 413.6% | 523.7% | 136.0% | 23.4% | 12.0% | 12.9% | 21.5% | 15.9% | 15.8% | 17.7% | 17.7% | ||
| 25.7% | 21.8% | 32.4% | 43.4% | 38.7% | 36.0% | 34.9% | 37.0% | 35.6% | 51.0% | 37.3% | 34.4% | 21.5% | 10.6% | 11.3% | 19.0% | 14.0% | 13.6% | 14.9% | 14.6% | ||
| 39.82 | 28.99 | 58.14 | over 100 | 93.07 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 7 | 7 | 6 | 7 |
| full-time | 4 | 5 | 6 | 6 | 6 |
| part-time | 2 | 2 | 1 | 0 | 1 |
| in full-time equivalents | 5.7 | 6.7 | 6.9 | 6 | 6.5 |
| 6.1 | 6.8 | 6.1 | 6.6 | 6.9 | |
| On a permanent contract | 6 | 7 | 7 | 6 | 7 |
| Joined | 0 | - | 1 | 0 | - |
| Left | 1 | - | 0 | 1 | - |
| Training hours | 44 | 71 | - | 48 | 93 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,625 | €128,656 | €215,070 | €37,580 | €7,270 |
| Financial fixed assets | €0 | - | - | €2,500 | - |
| €78,721 | €75,634 | €48,404 | €29,933 | €40,245 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 12% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 85.4% to 84.5%. Equity and debt are lower.
Het bestuursorgaan en de gedelegeerden tot het dagelijks be-stuur, deze laatsten binnen de grenzen van dit bestuur, mogen bijzondere machten verlenen aan één of meer perso-nen van hun keuze. Het bestuursorgaan bepaalt de wedde of vergoedingen van die lasthebbers. Het bestuursorgaan kan in zijn midden en onder zijn verantwoordelijkheid een of meer adviserende comités oprichten, Hij omschrijft hun samenstelling en hun opdracht. Vertegenwoordiging Enig bestuurder Indien er slechts één bestuurder is, vertegenwoordigt deze enig bestuurder de vennootschap bij alle rechtshande-lingen, jegens derden en in rechtszaken als eiser of als verweer-der.
Raad van bestuur Indien er meerdere bestuurders zijn, wordt de vennootschap vertegenwoordigd jegens derden, met inbegrip van de vertegenwoordiging in rechte, door twee bestuurders die gezamenlijk optreden.
De vennootschap kan ook vertegenwoordigd worden jegens derden, met inbegrip van de vertegenwoordiging in rechte, doch enkel voor wat betreft handelingen van dagelijks bestuur, door een gedelegeerd bestuurder die alleen optreedt. De voorgaande leden doen geen afbreuk aan de algemene vertegenwoordigingsmacht van de raad van bestuur als college. Wanneer de vennootschap optreedt als bestuurder van andere vennootschappen, dan wordt de vennootschap enkel rechtsgeldig vertegenwoordigd door de vaste vertegenwoordiger die alleen handelt.
Source: lists of holdings in the owners' accounts
Source: list of holdings in its own 2015 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2012, in their own currency.
| Name | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| COTENG NEDERLAND BVNL | 97.5% | |||||||||
Source: list of holdings in its own accounts
The network starts from the directors of COTENG. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kruiningenstraat 6-8 registered office 2100 Antwerp 2790002 Manufacture of electrical equipment | 14-02-1991 | 2.051.564.945 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11342A0291/00L000 | 1,598 m² | 1 · 522 m² | 6.0 m · 1 |
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