René COHNEN
ActiveThe computed 12-month bankruptcy probability of René COHNEN is 1.9% (moderate). The 2022 annual accounts show equity of €22k and a net result of €-10k. Equity is growing by ~45.9% per year across the filed fiscal years. The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2022
20
/ 100
Critical▼ -36 vs 2021
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2021
Profitability0▼-100
Solvency14▼-7
Growth78=
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.86 in 2021), and 85.2% 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
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 2022Solvency, return and age of the figures
Solvency
14.8%
Return on assets
-6.4%
Age of the figures
44 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline15-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 21-12-2023, 143 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
143 d late
2021
31 d late
2020
2 d early
2019
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, unclassified schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-10k
2021 · €15k
2018: €-19k
2019: €709
2020: €13k
2021: €15k
2018 → 2022
Working capital
€-22k▼ 196%
2021 · €-7k
2018: €-18k
2019: €-42k
2020: €-34k
2021: €-7k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-1k-€5k€18k▲ 239%€32k▲ 81.3%€22k▼ 30.6%
Operating result€-12k-€5k€19k▲ 272%€24k▲ 24.4%€-5k
Net result€-19k-€709€13k▲ 1,702%€15k▲ 15.0%€-10k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €5k after €24k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €152k
Fixed assets
€104k▼ 13.7%
Current assets
€48k▲ 3.3%
Equity and liabilities €152k
Equity
€22k▼ 30.6%
Debt
€129k▼ 3.8%
The debt ratio rises from 80.6% to 85.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€12k▼
2021 · €38k
Cash flow
€7k▼
2021 · €29k
Solvency
14.8%▼
2021 · 19.4%
Current ratio
0.69▼
2021 · 0.86
Quick ratio
0.60▼
2021 · 0.76
Debt / equity
5.76▲
2021 · 4.16
ROE
-43.2%▼
2021 · 45.4%
ROA
-6.4%▼
2021 · 8.8%
Interest coverage
2.41▼
2021 · 4.89
Debt
€129k▼
2021 · €135k
Debt ≤ 1 year
€70k▲
2021 · €54k
Debt > 1 year
€59k▼
2021 · €80k
Income taxes
€120▼
2021 · €1k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€167k€152k▼
Fixed assets21/28€120k€104k▼
Tangible fixed assets22/27€120k€104k▼
Land and buildings22€86k€78k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€173€10▼
Leasing and similar rights25€33k€25k▼
Financial fixed assets28€260€260=
Current assets29/58€46k€48k▲
Stocks and contracts in progress3€6k€6k▲
Stocks30/36€6k€6k▲
Amounts receivable within one year40/41€40k€41k▲
Trade receivables40€40k€40k▲
Other amounts receivable41€185€702▲
Deferred charges and accrued income490/1€790€931▲
Equity and liabilities
Total equity and liabilities10/49€167k€152k▼
Equity10/15€32k€22k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€10k€187▼
Investment grants15€2k€2k▼
Amounts payable17/49€135k€129k▼
Amounts payable after more than one year17€80k€59k▼
Financial debts170/4€80k€59k▼
Amounts payable within one year42/48€54k€70k▲
Current portion of amounts payable after more than one year42€22k€22k▼
Financial debts43€2k€5k▲
Credit institutions430/8€2k€5k▲
Trade debts44€19k€11k▼
Suppliers440/4€19k€11k▼
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€8k€30k▲
Accrued charges and deferred income492/3€773€1k▲
Income statement
Code20212022
Non-recurring operating income76A€83-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€17k▲
Other operating charges640/8€761€2k▲
Gross operating margin9900€39k€14k▼
Operating profit (loss)9901€24k€-5k▼
Financial income75/76B€197€197=
Recurring financial income75€197€197=
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€16k€-10k▼
Income taxes67/77€1k€120▼
Profit (loss) for the period9904€15k€-10k▼
Profit (loss) for the period to be appropriated9905€15k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€187▼
Profit (loss) brought forward from the previous period14P€-5k€10k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 143 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €15k ▲15%
Operating result €24k, net result €15k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 88 days late
2019
31-12
Financial
Back to profitnet €709
Net result €709 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
28-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 59 days late
2014
22-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Amel · 1 establishment unit since 2008
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.
Amel,Unter dem Wittenhof 94770 Amel1 establishment unit
Böchelberg,Wallerode 12, 4780 Sankt Vith
since 20082.170.244.544
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Of 981 companies in sector 25401 we hold annual accounts for 406. 234 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-03-2008
Fiscal year end31-12
Activities, NACEBEL
25401Forging of metal
25110Manufacture of metal structures and parts of structures
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filings
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.