NUMAS COENEGRACHTS

Active

Private limited companyfounded 20205 yrs activeEmiel De Smitlaan 19, 8400 Oostende, BelgiumKBO/BCE: BE 0758.469.031

The computed 12-month bankruptcy probability of NUMAS COENEGRACHTS is 2.4% (moderate). The 2024 annual accounts show equity of €99k and a net result of €6k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 36373 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

66 / 100

Healthy

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

Axes · tick = 2023

Profitability75=

Solvency100=

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 4.29 against 4.5 in 2023; short-term debt: 22.4% and cash: 13.3% of total assets), and 23.1% 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 →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

55 d late

2023

50 d late

2022

151 d late

2021

2 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

€99k▲ 6.4%

2023 · €93k

2021: €56k 2022: €87k 2023: €93k

2021 → 2024

Total assets

€129k▲ 4.7%

2023 · €123k

2021: €99k 2022: €120k 2023: €123k

2021 → 2024

Net result

€6k▼ 5.3%

2023 · €6k

2021: €61k 2022: €31k 2023: €6k

2021 → 2024

Working capital

€95k▲ 8.4%

2023 · €88k

2021: €50k 2022: €82k 2023: €88k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€56k-€87k▲ 56.0%€93k▲ 7.2%€99k▲ 6.4%

Operating result€83k-€43k▼ 47.5%€8k▼ 81.6%€7k▼ 9.0%

Net result€61k-€31k▼ 48.6%€6k▼ 79.8%€6k▼ 5.3%

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

Result per fiscal year

Operating resultNet result

The operating result has fallen three years in a row; 2024 is 9% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €129k

96.0%

Fixed assets €5k▼ 50.9%

Current assets €124k▲ 10.0%

Equity and liabilities €129k

76.9%

23.1%

Equity €99k▲ 6.4%

Debt €30k▼ 0.5%

The debt ratio falls from 24.3% to 23.1%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€13k▼

2023 · €13k

Cash flow

€11k▼

2023 · €12k

Solvency

76.9%▲

2023 · 75.7%

Current ratio

4.29▼

2023 · 4.50

Quick ratio

4.29▼

2023 · 4.50

Debt / equity

0.30▼

2023 · 0.32

ROE

6.0%▼

2023 · 6.8%

ROA

4.6%▼

2023 · 5.1%

Interest coverage

14.08▼

2023 · 34.27

Debt

€30k▼

2023 · €30k

Debt ≤ 1 year

€29k▲

2023 · €25k

Debt > 1 year

€880▼

2023 · €5k

Income taxes

€3k▲

2023 · €3k

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€123k€129k▲

Fixed assets21/28€11k€5k▼

Tangible fixed assets22/27€11k€5k▼

Plant, machinery and equipment23€1,000€530▼

Furniture and vehicles24€1k€522▼

Leasing and similar rights25€9k€4k▼

Current assets29/58€113k€124k▲

Amounts receivable within one year40/41€59k€106k▲

Trade receivables40€15k€16k▲

Other amounts receivable41€45k€90k▲

Cash at bank and in hand54/58€53k€17k▼

Deferred charges and accrued income490/1€47€918▲

Equity and liabilities

Total equity and liabilities10/49€123k€129k▲

Equity10/15€93k€99k▲

Contributions10/11€5k€5k=

Reserves13€87k€93k▲

Distributable reserves133€87k€93k▲

Profit (loss) carried forward14€1k€1k▲

Amounts payable17/49€30k€30k▼

Amounts payable after more than one year17€5k€880▼

Financial debts170/4€5k€880▼

Amounts payable within one year42/48€25k€29k▲

Current portion of amounts payable after more than one year42€4k€4k▲

Trade debts44€5k€7k▲

Suppliers440/4€5k€7k▲

Advances received on contracts in progress46-€10k

Taxes, remuneration and social security45€17k€8k▼

Taxes450/3€17k€8k▼

Accrued charges and deferred income492/3€0€18▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=

Other operating charges640/8€1k€726▼

Gross operating margin9900€14k€13k▼

Operating profit (loss)9901€8k€7k▼

Financial income75/76B€1k€3k▲

Recurring financial income75€1k€3k▲

Financial charges65/66B€391€899▲

Recurring financial charges65€391€899▲

Profit (loss) for the period before taxes9903€9k€9k▲

Income taxes67/77€3k€3k▲

Profit (loss) for the period9904€6k€6k▼

Profit (loss) for the period to be appropriated9905€6k€6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€7k€7k▼

Profit (loss) brought forward from the previous period14P€1k€1k▲

Transfer to equity691/2€6k€6k▼

To other reserves6921€6k€6k▼

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 1Filings 4

2025

24-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 55 days late

2024

31-12

Financial Weakest financial yearnet €6k ▼5.3%

Net result drops to €6k, the lowest in the series.

19-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 50 days late

2023

29-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 151 days late

2022

29-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

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, Oostende · 1 establishment unit since 2020

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.

Emiel De Smitlaan 198400 Oostende

Ground area

649 m²

Building footprint

129 m²

Volume, LiDAR

820 m³

Parcel 35391A0005/00W003, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

NUMAS COENEGRACHTS

Emiel De Smitlaan 19, 8400 OostendeGeneral electrical installation work

since 20202.310.149.624

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35391A0005/00W003	Flanders	649 m²	1 · 129 m²	11.4 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.

Recognitions · licences · registrations

Legal Entity Identifier

89450053J6VCZ2V7G642

live in the LEI register

Similar companies · same sector, comparable size

Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,905 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded16-11-2020

Fiscal year end31-12

Activities, NACEBEL

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

Sources

Crossroads Bank for EnterprisesNational Bank · 4 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.