Team Koers
ActiveTeam Koers has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €-7k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 52% of 2027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-63
Solvency72▲+12
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.84 in 2024; short-term debt: 53.1% and cash: 4.2% of total assets), but 53.1% 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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
46.9%
Return on assets
-6.9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
8 d early
2023
47 d early
2022
7 d early
2021
30 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€45k▼ 12.8%
2024 · €52k
2021: €50k
2022: €47k
2023: €47k
2024: €52k
2021 → 2025
Total assets
€96k▼ 35.0%
2024 · €148k
2021: €85k
2022: €87k
2023: €90k
2024: €148k
2021 → 2025
Net result
€-7k
2024 · €5k
2021: €44k
2022: €-3k
2023: €367
2024: €5k
2021 → 2025
Working capital
€33k▼ 48.2%
2024 · €63k
2021: €43k
2022: €47k
2023: €44k
2024: €63k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€47k▼ 6.4%€47k▲ 0.8%€52k▲ 10.0%€45k▼ 12.8%
Operating result€55k-€-3k€2k€7k▲ 320%€-7k
Net result€44k-€-3k€367€5k▲ 1,172%€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €7k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€12k▲ 34.8%
Current assets
€84k▼ 39.6%
Equity and liabilities €96k
Equity
€45k▼ 12.8%
Debt
€51k▼ 47.0%
The debt ratio falls from 65.0% to 53.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▼
2024 · €8k
Cash flow
€-4k▼
2024 · €6k
Solvency
46.9%▲
2024 · 35.0%
Current ratio
1.64▼
2024 · 1.84
Quick ratio
1.64▼
2024 · 1.84
Debt / equity
1.13▼
2024 · 1.86
ROE
-14.6%▼
2024 · 9.1%
ROA
-6.9%▼
2024 · 3.2%
Interest coverage
-17.57▼
2024 · 36.78
Debt
€51k▼
2024 · €96k
Debt ≤ 1 year
€51k▼
2024 · €75k
Income taxes
€2▼
2024 · €2k
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€148k€96k▼
Fixed assets21/28€9k€12k▲
Intangible fixed assets21€4k€7k▲
Financial fixed assets28€5k€5k=
Current assets29/58€139k€84k▼
Amounts receivable within one year40/41€89k€59k▼
Trade receivables40€84k€59k▼
Other amounts receivable41€5k€266▼
Current investments50/53€40k€20k▼
Cash at bank and in hand54/58€9k€4k▼
Deferred charges and accrued income490/1€122€1k▲
Equity and liabilities
Total equity and liabilities10/49€148k€96k▼
Equity10/15€52k€45k▼
Contributions10/11€6k€6k=
Reserves13€46k€39k▼
Distributable reserves133€46k€39k▼
Amounts payable17/49€96k€51k▼
Amounts payable within one year42/48€75k€51k▼
Financial debts43€152€281▲
Credit institutions430/8€152€281▲
Trade debts44€75k€48k▼
Suppliers440/4€75k€48k▼
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€505€748▲
Accrued charges and deferred income492/3€21k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€10k€-2k▼
Operating profit (loss)9901€7k€-7k▼
Financial income75/76B€159€166▲
Recurring financial income75€159€166▲
Financial charges65/66B€229€235▲
Recurring financial charges65€229€235▲
Profit (loss) for the period before taxes9903€7k€-7k▼
Income taxes67/77€2k€2▼
Profit (loss) for the period9904€5k€-7k▼
Profit (loss) for the period to be appropriated9905€5k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-7k▼
Transfer from equity791/2-€7k
Transfer to equity691/2€5k-
To other reserves6921€5k-
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-7k ▼241%
Net result drops to €-7k, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €367
Net result €367 after one loss-making year.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kalmthout · 2 establishment units since 2020
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.
Heibloemlaan (Heide) 342920 KalmthoutGround area
1,588 m²
Building footprint
278 m²
Volume, LiDAR
1,299 m³
2 parcels, Flanders · tallest building 22.0 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Team Koers
since 20202.310.275.823
Team Koers BV
since 20222.344.065.376
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11022F0001/00Z139 | Flanders | 1,118 m² | 1 · 236 m² | 22.0 m · 1 fl. |
| 11302D1289/00W000 | Flanders | 470 m² | 1 · 42 m² | 10.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 9,066 EUR awarded · 8,796 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 270 EUR | 0 EUR |
| 2024 | 1 | 1,710 EUR | 3,177 EUR |
| 2023 | 1 | 2,652 EUR | 1,185 EUR |
| 2022 | 1 | 4,434 EUR | 4,434 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,668 companies in sector 85599 we hold annual accounts for 1,329. 1,009 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2020
Fiscal year end31-12
Activities, NACEBEL
85599Other education
70200Business and other management consultancy
70220Business consulting
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.