Les Coquelicots
ActiveLes Coquelicots has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €536k and a net result of €-73k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 51% of 456 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-76
Solvency76▼-6
Growth55▼-30
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 1.65 in 2024; short-term debt: 25% and cash: 34.9% of total assets), and 48.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 88
Relative position
BE, all sectors
reference
Sector 88
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
56 d late
2023
91 d late
2022
108 d late
2021
134 d late
2020
129 d late
2019
193 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€69k▼ 24.8%
2024 · €91k
2019: €553
2020: €106
2021: €496
2022: €626
2023: €4k
2024: €91k
2019 → 2025
EBIT margin
-130.8%▼ 169.9pp
2024 · 39.1%
2019: -1191.0%
2020: 1819.2%
2021: -19533.5%
2022: -1853.6%
2023: -36.9%
2024: 39.1%
2019 → 2025
Net result
€-73k
2024 · €53k
2018: €49k
2019: €21k
2020: €2k
2021: €-88k
2022: €-2k
2023: €9k
2024: €53k
2018 → 2025
Working capital
€131k▼ 21.8%
2024 · €167k
2018: €49k
2019: €66k
2020: €82k
2021: €174k
2022: €268k
2023: €299k
2024: €167k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€496-€626▲ 26.3%€4k▲ 561%€91k▲ 2,104%€69k▼ 24.8%
Equity€475k-€478k▲ 0.6%€474k▼ 0.8%€602k▲ 26.8%€536k▼ 10.9%
Operating result€-97k-€-12k▲ 88.0%€-2k▲ 86.8%€36k€-90k
Net result€-88k-€-2k▲ 97.4%€9k€53k▲ 471%€-73k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €90k after €36k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.04M
Fixed assets
€650k▲ 2.0%
Current assets
€392k▼ 8.0%
Equity and liabilities €1.04M
Equity
€536k▼ 10.9%
Debt
€506k▲ 9.6%
The debt ratio rises from 43.4% to 48.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-31k▼
2024 · €84k
Cash flow
€-14k▼
2024 · €102k
Solvency
51.4%▼
2024 · 56.6%
Current ratio
1.50▼
2024 · 1.65
Quick ratio
1.50▼
2024 · 1.65
Debt / equity
0.94▲
2024 · 0.77
ROE
-13.6%▼
2024 · 8.8%
ROA
-7.0%▼
2024 · 5.0%
Interest coverage
-7.07▼
2024 · 21.31
Debt
€506k▲
2024 · €462k
Debt ≤ 1 year
€261k▲
2024 · €258k
Debt > 1 year
€60k▲
2024 · €56k
Staff costs
€1.08M▼
2024 · €1.08M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.06M€1.04M▼
Fixed assets21/28€638k€650k▲
Tangible fixed assets22/27€637k€650k▲
Land and buildings22€584k€582k▼
Plant, machinery and equipment23€12k€10k▼
Furniture and vehicles24€42k€59k▲
Financial fixed assets28€300€300=
Current assets29/58€426k€392k▼
Amounts receivable within one year40/41€48k€28k▼
Trade receivables40€12k€10k▼
Other amounts receivable41€36k€19k▼
Cash at bank and in hand54/58€367k€363k▼
Deferred charges and accrued income490/1€11k-
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.04M▼
Equity10/15€602k€536k▼
Profit (loss) carried forward14€276k€204k▼
Investment grants15€325k€332k▲
Amounts payable17/49€462k€506k▲
Amounts payable after more than one year17€56k€60k▲
Financial debts170/4€56k€60k▲
Amounts payable within one year42/48€258k€261k▲
Current portion of amounts payable after more than one year42€24k€25k▲
Trade debts44€12k€26k▲
Suppliers440/4€12k€26k▲
Taxes, remuneration and social security45€186k€183k▼
Taxes450/3€23k€24k▲
Remuneration and social security454/9€163k€160k▼
Accrued charges and deferred income492/3€147k€185k▲
Income statement
Code20242025
Turnover70€91k€69k▼
Non-recurring operating income76A€62k€6k▼
Goods, raw materials, services and sundry goods60/61€175k€179k▲
Remuneration, social security and pensions62€1.08M€1.08M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€59k▲
Other operating charges640/8€9k-
Non-recurring operating charges66A€5k€184▼
Gross operating margin9900€1.18M€1.05M▼
Operating profit (loss)9901€36k€-90k▼
Financial income75/76B€21k€21k▲
Recurring financial income75€21k€21k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€53k€-73k▼
Profit (loss) for the period9904€53k€-73k▼
Profit (loss) for the period to be appropriated9905€53k€-73k▼
Appropriation of the result
Profit (loss) to be appropriated9906€276k€204k▼
Profit (loss) brought forward from the previous period14P€223k€276k▲
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 56 days late
2024
31-12
Financial
Highest result since 2018net €53k ▲471%
Net result €53k, the highest in the series.
31-12
Financial
Equity above €500kEq €602k ▲26.8%
2 profitable years in a row build equity to €602k.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 91 days late
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
16-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 108 days late
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 134 days late
2021
31-12
Financial
Weakest financial yearnet €-88k ▼5147%
Net result drops to €-88k, the lowest in the series; recovery starts the following year.
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 129 days late
09-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 193 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 8 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-06-2022
Paul Nève: Resigned as Director
08-06-2022
Philippe de Beco: Resigned as Director
03-05-2019
Jean-Marc t'SERSTEVENS: Resigned as Director
Location & real-estate footprint
Registered office, Nandrin · 1 establishment unit since 1973
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.
Rue Sur Haies 354550 NandrinGround area
2,624 m²
Building footprint
257 m²
Volume, LiDAR
1,562 m³
Parcel 61078E0343/00K000, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Centre psychogestuel pour Handicapés Les Coquelicots
since 19732.156.737.788
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61078E0343/00K000 | Wallonia | 2,624 m² | 1 · 256 m² | 6.5 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.
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WERKHUIZEN MIN
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Renaat MATTHEUS
BE 0899.809.513
Landen · Eq €567k
Les Services de l'APEM-T21 asbl
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La Thiérache
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Momignies · Eq €474k
Of 284 companies in sector 88993 we hold annual accounts for 246. 167 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded16-08-1973
Fiscal year end31-12
Activities, NACEBEL
85322
88993Social work activities without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.