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COURSE

Active
Public limited companyfounded 1989active for 37 yearsKrekelstraat 43, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0437.764.166
Summary

The annual accounts of COURSE for financial year 2025 show a net loss of 50% of total assets and of 84% of the equity at the start of that year. The 2025 annual accounts show equity of €108,285 and a net result of -€558,394. Equity is shrinking by about 5.4% per year across the filed financial years. Its solvency ranks better than 14% of 3,811 sector peers (NACE 70, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

History

On 30 June 1989, COURSE was incorporated.1 In 2025 the registered office moved to Sint-Niklaas.2 Total assets went from €2.0m in 2018 to €1.1m in 2025 and headcount from 1 full-time equivalents in 2018 to 0.9 in 2021.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-09-2025
  3. 3National Bank, annual accounts 2018, 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
financial year 2025 · full format · 31 days late
2025
31-12
Financial Weakest financial yearnet -€558,394
Net result drops to -€558,394, the lowest in the series.
23-09
Gazette deed Resignations: Luc Valkiers (director) and Chris Valkiers (director)
Appointment: Decebra NV (sole director) · Permanent representative: Sabine De Clercq · Registered-office move6 facts ▸
  • General meeting, 28-08-2025
  • Director resignation, Luc Valkiers (director)
  • Director resignation, Chris Valkiers (director)
  • Director appointment, Decebra NV (sole director)
  • Permanent representative, Sabine De Clercq
  • Registered-office move, Krekelstraat 43 te 9100 Sint-Niklaas
20-06
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
31-12
Financial Highest result from 2018 to 2025net €40,035 ▲109%
Operating result €135,698, net result €40,035, both a record.
04-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
23-05
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
31-12
Financial Back to profitnet €7,773
Net result €7,773 after one loss-making year.
14-06
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
31-08
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 31 days late
2020
17-09
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 48 days late
2019
17-07
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
15-06
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
26-07
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 37 annual accounts filed, the latest 10 are here; all 37 are under Financials.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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