JOHAN COENE

Active

Private limited companyfounded 20214 yrs activeWeefstraat 7, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0777.931.090

The computed 12-month bankruptcy probability of JOHAN COENE is 2.4% (moderate). The 2024 annual accounts show equity of €77k and a net result of €28k. Equity is growing by ~44.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 36373 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

83 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+7

Solvency100▲+21

Growth52=

Track record94

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €6k at 30 days acceptable

Liquidity ample (current ratio 6.57 against 2.05 in 2023; short-term debt: 11.8% and cash: 59.9% of total assets), and 20.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-07-2025, 10 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

10 d early

2023

5 d early

2022

21 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€77k▲ 55.2%

2023 · €50k

2022: €33k 2023: €50k

2022 → 2024

Total assets

€97k▲ 6.0%

2023 · €92k

2022: €85k 2023: €92k

2022 → 2024

Net result

€28k▲ 60.9%

2023 · €18k

2022: €32k 2023: €18k

2022 → 2024

Working capital

€64k▲ 121%

2023 · €29k

2022: €10k 2023: €29k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€33k-€50k▲ 50.9%€77k▲ 55.2%

Operating result€45k-€26k▼ 40.8%€40k▲ 51.4%

Net result€32k-€18k▼ 44.7%€28k▲ 60.9%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 51% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €97k

22.5%

77.5%

Fixed assets €22k▼ 37.7%

Current assets €75k▲ 33.1%

Equity and liabilities €97k

79.5%

20.5%

Equity €77k▲ 55.2%

Debt €20k▼ 52.5%

The debt ratio falls from 45.7% to 20.5%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€54k▲

2023 · €40k

Cash flow

€43k▲

2023 · €31k

Solvency

79.5%▲

2023 · 54.3%

Current ratio

6.57▲

2023 · 2.05

Quick ratio

6.57▲

2023 · 2.05

Debt / equity

0.26▼

2023 · 0.84

ROE

36.6%▲

2023 · 35.3%

ROA

29.1%▲

2023 · 19.2%

Interest coverage

141.51▲

2023 · 25.95

Debt

€20k▼

2023 · €42k

Debt ≤ 1 year

€11k▼

2023 · €28k

Debt > 1 year

€8k▼

2023 · €14k

Income taxes

€12k▲

2023 · €7k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€92k€97k▲

Fixed assets21/28€35k€22k▼

Tangible fixed assets22/27€35k€22k▼

Plant, machinery and equipment23€7k€5k▼

Furniture and vehicles24€28k€17k▼

Current assets29/58€57k€75k▲

Amounts receivable within one year40/41€25k€7k▼

Trade receivables40€18k€5k▼

Other amounts receivable41€7k€2k▼

Cash at bank and in hand54/58€29k€58k▲

Deferred charges and accrued income490/1€3k€10k▲

Equity and liabilities

Total equity and liabilities10/49€92k€97k▲

Equity10/15€50k€77k▲

Contributions10/11€2k€2k=

Reserves13€48k€75k▲

Distributable reserves133€48k€75k▲

Profit (loss) carried forward14-€0

Amounts payable17/49€42k€20k▼

Amounts payable after more than one year17€14k€8k▼

Financial debts170/4€14k€8k▼

Amounts payable within one year42/48€28k€11k▼

Current portion of amounts payable after more than one year42€6k€6k▲

Trade debts44€4k€527▼

Suppliers440/4€4k€527▼

Taxes, remuneration and social security45€6k€4k▼

Taxes450/3€4k€4k▲

Remuneration and social security454/9€2k€0▼

Other amounts payable47/48€12k€833▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲

Other operating charges640/8€2k€1k▼

Non-recurring operating charges66A-€250

Gross operating margin9900€41k€56k▲

Operating profit (loss)9901€26k€40k▲

Financial income75/76B€1€133▲

Recurring financial income75€1€133▲

Financial charges65/66B€2k€385▼

Recurring financial charges65€2k€385▼

Profit (loss) for the period before taxes9903€25k€40k▲

Income taxes67/77€7k€12k▲

Profit (loss) for the period9904€18k€28k▲

Profit (loss) for the period to be appropriated9905€18k€28k▲

Appropriation of the result

Profit (loss) to be appropriated9906€18k€28k▲

Transfer to equity691/2€17k€28k▲

To other reserves6921€17k€28k▲

Profit to be distributed694/7€800€833▲

Return on contributions (dividend)694€800€833▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2025

21-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Liquidity triplescurrent ratio 6.57

Current ratio from 2.05 to 6.57; short-term debt falls from €28k to €11k.

26-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €18k ▼44.7%

Net result drops to €18k, the lowest in the series; recovery starts the following year.

10-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

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, Nazareth-De Pinte · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Weefstraat 79810 Nazareth-De Pinte

Ground area

612 m²

Building footprint

75 m²

Volume, LiDAR

440 m³

Parcel 44018A0060/00R000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

JOHAN COENE

Weefstraat 7, 9810 Nazareth-De PinteRepair, maintenance and installation of machinery and equipment

since 20212.324.648.847

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44018A0060/00R000	Flanders	612 m²	1 · 75 m²	6.9 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

STOCK 105

BE 0699.603.788

Sint-Katelijne-Waver · Eq €77k

CHAUFFAGE DELFORGE EMMANUEL

Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,831 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-12-2021

Fiscal year end31-12

Activities, NACEBEL

43222Installation of electric heating, air conditioning, cooling and ventilation

33110Repair and maintenance of fabricated metal products

43221Plumbing work

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.