VAN den BORRE-COOREMAN
ActiveVAN den BORRE-COOREMAN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €60k and a net result of €15k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▲+14
Solvency100▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.42 against 2.4 in 2023; short-term debt: 25.2% and cash: 63.7% of total assets), and 25.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 →
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 · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
43 d early
2022
22 d early
2021
23 d early
2020
24 d late
2019
4 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€60k▲ 33.1%
2023 · €45k
2018: €24k
2019: €14k
2020: €34k
2021: €39k
2022: €40k
2023: €45k
2018 → 2024
Total assets
€80k▲ 19.1%
2023 · €67k
2018: €75k
2019: €53k
2020: €72k
2021: €67k
2022: €64k
2023: €67k
2018 → 2024
Net result
€15k▲ 193%
2023 · €5k
2018: €104
2019: €-10k
2020: €20k
2021: €5k
2022: €1k
2023: €5k
2018 → 2024
Working capital
€49k▲ 56.7%
2023 · €31k
2018: €16k
2019: €17k
2020: €26k
2021: €30k
2022: €27k
2023: €31k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€34k-€39k▲ 13.8%€40k▲ 2.7%€45k▲ 12.7%€60k▲ 33.1%
Operating result€24k-€8k▼ 67.1%€3k▼ 64.0%€9k▲ 227%€23k▲ 150%
Net result€20k-€5k▼ 76.4%€1k▼ 77.8%€5k▲ 387%€15k▲ 193%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 150% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €80k
Fixed assets
€11k▼ 19.6%
Current assets
€69k▲ 29.2%
Equity and liabilities €80k
Equity
€60k▲ 33.1%
Debt
€20k▼ 9.3%
The debt ratio falls from 33.1% to 25.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2023 · €12k
Cash flow
€18k▲
2023 · €8k
Solvency
74.8%▲
2023 · 66.9%
Current ratio
3.42▲
2023 · 2.40
Quick ratio
3.39▲
2023 · 2.35
Debt / equity
0.34▼
2023 · 0.49
ROE
24.9%▲
2023 · 11.3%
ROA
18.6%▲
2023 · 7.6%
Interest coverage
11.17▲
2023 · 6.74
Debt
€20k▼
2023 · €22k
Debt ≤ 1 year
€20k▼
2023 · €22k
Income taxes
€6k▲
2023 · €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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€67k€80k▲
Fixed assets21/28€14k€11k▼
Tangible fixed assets22/27€13k€10k▼
Plant, machinery and equipment23€12k€10k▼
Furniture and vehicles24€533€0▼
Financial fixed assets28€1k€1k=
Current assets29/58€53k€69k▲
Stocks and contracts in progress3€994€592▼
Stocks30/36€994€592▼
Amounts receivable within one year40/41€8k€16k▲
Trade receivables40€1k€14k▲
Other amounts receivable41€7k€2k▼
Cash at bank and in hand54/58€42k€51k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€67k€80k▲
Equity10/15€45k€60k▲
Contributions10/11€6k€6k=
Reserves13€39k€54k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€37k€54k▲
Amounts payable17/49€22k€20k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€22k€20k▼
Current portion of amounts payable after more than one year42€4k€0▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€285€436▲
Taxes450/3€285€436▲
Other amounts payable47/48€15k€18k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€720€601▼
Gross operating margin9900€13k€26k▲
Operating profit (loss)9901€9k€23k▲
Financial income75/76B€1€313▲
Recurring financial income75€1€313▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€7k€21k▲
Income taxes67/77€2k€6k▲
Profit (loss) for the period9904€5k€15k▲
Profit (loss) for the period to be appropriated9905€5k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€15k▲
Transfer to equity691/2€5k€15k▲
To other reserves6921€5k€15k▲
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
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
31-12
Financial
Weakest financial yearnet €-10k ▼9832%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Aalst · 1 establishment unit since 2006
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.
Varent 229320 AalstGround area
579 m²
Building footprint
135 m²
Volume, LiDAR
611 m³
Parcel 41014A2783/00H000, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VAN den BORRE-COOREMAN
since 20062.153.834.421
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41014A2783/00H000 | Flanders | 579 m² | 1 · 135 m² | 8.4 m · 1 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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Of 4,013 companies in sector 43310 we hold annual accounts for 1,745. 1,526 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2006
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.