LE COQ
ActiveLE COQ has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.19M and a net result of €-190k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 59% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability14▼-4
Solvency66▼-9
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity short (current ratio 0.97 against 1.06 in 2023; short-term debt: 56.9% and cash: 0% of total assets), and 58.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
41.3%
Return on assets
-3.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-190k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
58 d late
2022
67 d late
2021
58 d late
2020
59 d late
2019
63 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€2.19M▼ 8.0%
2023 · €2.38M
2018: €1.49M
2019: €2.06M
2020: €2.48M
2021: €2.41M
2022: €2.43M
2023: €2.38M
2018 → 2024
Total assets
€5.31M▲ 12.2%
2023 · €4.73M
2018: €4.21M
2019: €4.74M
2020: €5.12M
2021: €4.14M
2022: €4.93M
2023: €4.73M
2018 → 2024
Net result
€-190k▼ 302%
2023 · €-47k
2018: €120k
2019: €564k
2020: €418k
2021: €-65k
2022: €18k
2023: €-47k
2018 → 2024
Working capital
€-105k
2023 · €135k
2018: €-124k
2019: €-555k
2020: €193k
2021: €123k
2022: €184k
2023: €135k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.48M-€2.41M▼ 2.6%€2.43M▲ 0.7%€2.38M▼ 2.0%€2.19M▼ 8.0%
Operating result€686k-€-21k€58k€-248€-132k▼ 53,097%
Net result€418k-€-65k€18k€-47k€-190k▼ 302%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €132k in 2024 against €248 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.31M
Fixed assets
€2.39M▲ 3.5%
Current assets
€2.91M▲ 20.4%
Equity and liabilities €5.31M
Equity
€2.19M▼ 8.0%
Debt
€3.12M▲ 32.6%
The debt ratio rises from 49.7% to 58.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-110k▼
2023 · €951
Cash flow
€-168k▼
2023 · €-46k
Solvency
41.3%▼
2023 · 50.3%
Current ratio
0.97▼
2023 · 1.06
Quick ratio
0.96▼
2023 · 1.06
Debt / equity
1.42▲
2023 · 0.99
ROE
-8.7%▼
2023 · -2.0%
ROA
-3.6%▼
2023 · -1.0%
Interest coverage
-0.61▼
2023 · 0.01
Debt
€3.12M▲
2023 · €2.35M
Debt ≤ 1 year
€3.02M▲
2023 · €2.28M
Income taxes
€322▼
2023 · €349
Staff costs
€10k▼
2023 · €114k
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€4.73M€5.31M▲
Fixed assets21/28€2.31M€2.39M▲
Tangible fixed assets22/27€17k€98k▲
Furniture and vehicles24€17k€98k▲
Financial fixed assets28€2.29M€2.29M=
Current assets29/58€2.42M€2.91M▲
Stocks and contracts in progress3€8k€8k=
Stocks30/36€8k€8k=
Amounts receivable within one year40/41€2.18M€2.90M▲
Trade receivables40€447k€448k▲
Other amounts receivable41€1.73M€2.46M▲
Cash at bank and in hand54/58€231k€3k▼
Equity and liabilities
Total equity and liabilities10/49€4.73M€5.31M▲
Equity10/15€2.38M€2.19M▼
Contributions10/11€1.27M€1.27M=
Reserves13€1.11M€921k▼
Non-distributable reserves130/1€20k€20k=
Reserves not available under the articles1311€20k€20k=
Distributable reserves133€1.09M€901k▼
Amounts payable17/49€2.35M€3.12M▲
Amounts payable within one year42/48€2.28M€3.02M▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€25k€3k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€20k€0▼
Other amounts payable47/48€2.26M€3.01M▲
Accrued charges and deferred income492/3€66k€97k▲
Income statement
Code20232024
Non-recurring operating income76A€0€18k▲
Remuneration, social security and pensions62€114k€10k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€22k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€117k€-97k▼
Operating profit (loss)9901€-248€-132k▼
Financial income75/76B€80k€124k▲
Recurring financial income75€80k€124k▲
Financial charges65/66B€127k€181k▲
Recurring financial charges65€127k€181k▲
Profit (loss) for the period before taxes9903€-47k€-190k▼
Income taxes67/77€349€322▼
Profit (loss) for the period9904€-47k€-190k▼
Profit (loss) for the period to be appropriated9905€-47k€-190k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-190k▼
Transfer from equity791/2€47k€190k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90871.40.2▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-190k
Net result drops to €-190k, the lowest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 67 days late
2022
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 58 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 59 days late
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 63 days late
2019
31-12
Financial
Highest result since 2018net €564k ▲368%
Net result €564k, the highest in the series.
31-12
Financial
Equity above €2MEq €2.06M ▲37.8%
2 profitable years in a row build equity to €2.06M.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 58 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Antwerpen · 1 establishment unit since 2003
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.
Bredabaan 1242170 AntwerpenGround area
614 m²
Building footprint
244 m²
Volume, LiDAR
1,573 m³
Parcel 11422C0013/00Z003, Flanders · tallest building 11.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LE COQ
since 20032.126.630.176
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0013/00Z003 | Flanders | 614 m² | 1 · 244 m² | 11.0 m · 1 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.
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 2,871 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2003
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70111
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
74142
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.