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Le Coin G

Active
Private limited companyfounded 2024active for 2 yearsRue Sainte-Philomène 56, 7080 Frameries, BelgiumKBO/BCE: BE 1009.401.794
Summary

The computed 12-month bankruptcy probability of Le Coin G is 3.6% (moderate). The 2025 annual accounts show negative equity (-€32,927) and a net result of -€34,927. Its solvency ranks better than 21% of 5,672 sector peers (NACE 96, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
Le Coin GActiveChecked score 47/100
Risk analysis ReportCompare

Overview

Activity
Day spas, saunas and steam baths
NACE 96230
2 sites
Size
€140,241total assets 2025
Equity
-€32,927
Loss
-€34,927
Turnover not published (micro format)
Financial health
47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.6%
Structure
2025 accounts filed 31 days late
Why 47raises riskFounded in 2024Last filed accounts filed 31 days late; 1 of the last 3 late2 establishment unitslowers riskSize: total assets €140,241Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 96, micro)
Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency 2
equity -23.5% of total assets
Liquidity 13
short-term debt 70.1% · cash 0.5%
Profitability 0
return on assets -24.9%
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,615 companies, NACE 96, micro)
Last 24 months 06-2025: 1.9%lowest value 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 1.9%● unchanged vs 07-2025 09-2025: 2.4%▲ +0.5 percentage points vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 2.7%▲ +0.3 percentage points vs 10-2025 12-2025: 2.9%▲ +0.2 percentage points vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.9%● unchanged vs 02-2026 04-2026: 3.1%▲ +0.2 percentage points vs 03-2026 05-2026: 3.2%▲ +0.1 percentage points vs 04-2026 06-2026: 3.3%▲ +0.1 percentage points vs 05-2026 07-2026: 3.3%● unchanged vs 06-2026 08-2026: 3.3%● unchanged vs 07-2026 09-2026: 3.6%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 3.6%● unchanged vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.06, below 1; short-term debt: 70.1% and cash: 0.5% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 96, micro): better than 22% on solvency, 12% on liquidity and 8% on profitability.

The bankruptcy probability was computed on 26-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €140,241
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 late
NBB · filings
raises risk · 2 establishment units
KBO · seat and establishments
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: CLAUSE Grégory Marcel (director)…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€32,927 View
  • Caution: Among the weakest 5% on net resultsector median €2,813 · 5,679 companies -€34,927 View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€140,241
Loss
-€34,927
Solvency
-23.5%
Go to Financials

Company details

Sites
2
Legal form
Private limited company
Activity
Day spas, saunas and steam bathsNACE 96230
Founded
15-05-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
28
Who signs
Each director alone
Annual meeting
Third Monday of June at 18:00
Purpose
“La mise à disposition d’installations de balnéothérapie,hammam,sauna,spa-jet,et de manière…” (deed in French)
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about Le Coin G

What is the company number of Le Coin G?
1009.401.794. In Belgium the VAT number is the company number with BE in front: BE 1009.401.794.
Where is Le Coin G based?
The registered office is at Rue Sainte-Philomène 56, 7080 Frameries.Company details
What does Le Coin G do?
According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
What is the legal form of Le Coin G?
Private limited company (BV).
When was Le Coin G founded?
On 15-05-2024.
Is Le Coin G still active?
Yes, Le Coin G is an active enterprise in the KBO register.
What is the turnover of Le Coin G?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Le Coin G profitable?
In financial year 2025, Le Coin G made a loss of €34,927.
Where can I find the annual accounts of Le Coin G?
Le Coin G filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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