P1 COATINGS
ActiveSummary
The computed 12-month bankruptcy probability of P1 COATINGS is 2.8% (moderate). The 2025 annual accounts show negative equity (-€152,743) and a net result of -€39,475. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 145 sector peers (NACE 20, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 13-06-2016 Normal situation
- Activity
- Manufacture of chemicals and chemical products NACE 20590
- Establishment unit
- 2.254.291.183 9190 Stekene, since 13-06-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 01-10-2025
Board and ownership
- Danicska TechnologiesDirector · since 23-09-2024 · permanent representative Ludovic Danicska
- INDULEDDirector · since 23-09-2024 · permanent representative Bart Govaere
- THOMAS SEYNAEVEDirector · since 23-09-2024
- PHOENIX45%· score 922025 annual accounts of PHOENIX
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.8%
- Gross margin
- €17,859
- Turnover
- ≈ €140,000
- estimated
- Loss
- €39,475
- ▼ 16.6%
- Equity
- -€152,743
- ▼ 34.9%
- Total assets
- €103,825
- ▼ 19.5%
- Staff
- ≈ 0 FTE
- estimated
- Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€152,7431 change of registered office in 24 monthsLoss of €39,475, the second in a row (financial year 2025)lowers riskSize: total assets €103,825Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 20, micro). It does better than 10% of them on solvency, 25% on liquidity, 11% on profitability and 19% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as P1 COATINGS: manufacture of chemicals and chemical products (NACE 20590). They are comparable in size and age: total assets between €62,400 and €325,000, founded between 2013 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| P1 COATINGS Stekene | €103,825 | €17,859 |
| CHYMIX Rixensart | €119,117 | €42,047 |
| HAMSA FRAGRANCES & FLAVOURS Antwerpen | €217,236 | €42,203 |
| ZETA Hemiksem | €305,434 | €31,433 |
| Heatcover Stekene | €62,446 | €4,484 |
| Djuus Oudsbergen | €325,000 | €47,175 |
| LISOCHEM Couvin | €171,656 | €78,729 |
Key facts about P1 COATINGS
- What is the company number of P1 COATINGS?
- The company number of P1 COATINGS is 0656.605.866. The VAT number is the same number with BE in front: BE 0656.605.866.
- Where is P1 COATINGS based?
- The registered office is at Zavelstraat(STE) 5A, 9190 Stekene.Company details
- What does P1 COATINGS do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20590).
- What is the legal form of P1 COATINGS?
- The legal form of P1 COATINGS is Private limited company (pre-2019) (BVBA).
- When was P1 COATINGS founded?
- P1 COATINGS was founded on 13-06-2016.
- Is P1 COATINGS still active?
- Yes, P1 COATINGS is an active enterprise in the KBO register.
- What is the turnover of P1 COATINGS?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €17,859 and 6,330 comparable companies of the same size. It probably lies between €63,000 and €330,000. It is a rough estimate.Financials
- Is P1 COATINGS profitable?
- In financial year 2025, P1 COATINGS made a loss of €39,475.
- Where can I find the annual accounts of P1 COATINGS?
- P1 COATINGS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of P1 COATINGS due?
- P1 COATINGS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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