COADSH
ActiveCOADSH has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €68k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 20% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency39▼-45
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 2.39 in 2024; short-term debt: 85.6% and cash: 50.1% of total assets), and 85.6% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
14.4%
Return on assets
46.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 31662 sector peers (2025).
NBB · sector comparisonPosition among 31662 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-03-2026, 133 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
133 d early
2024
25 d late
2023
26 d late
2022
28 d late
2021
68 d early
2020
59 d early
2019
45 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€181k▲ 27.1%
2018 · €143k
2018: €143k
2018 → 2019
EBIT margin
14.0%▲ 9.7pp
2018 · 4.3%
2018: 4.3%
2018 → 2019
Net result
€68k▼ 0.7%
2024 · €69k
2018: €4k
2019: €18k
2020: €37k
2021: €72k
2022: €45k
2023: €33k
2024: €69k
2018 → 2025
Working capital
€19k▼ 69.4%
2024 · €62k
2018: €8k
2019: €8k
2020: €18k
2021: €61k
2022: €59k
2023: €60k
2024: €62k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€63k=€63k=€64k▲ 1.3%€21k▼ 66.9%
Operating result€94k-€60k▼ 36.4%€46k▼ 22.9%€90k▲ 94.2%€90k▼ 0.4%
Net result€72k-€45k▼ 38.1%€33k▼ 25.8%€69k▲ 107%€68k▼ 0.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €146k
Fixed assets
€2k▲ 0.7%
Current assets
€144k▲ 36.2%
Equity and liabilities €146k
Equity
€21k▼ 66.9%
Debt
€125k▲ 183%
The debt ratio rises from 41.0% to 85.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€90k▼
2024 · €91k
Cash flow
€69k▼
2024 · €70k
Solvency
14.4%▼
2024 · 59.0%
Current ratio
1.15▼
2024 · 2.39
Quick ratio
1.15▼
2024 · 2.39
Debt / equity
5.94▲
2024 · 0.69
ROE
323.7%▲
2024 · 107.9%
ROA
46.7%▼
2024 · 63.7%
Interest coverage
45.26▲
2024 · 40.04
Debt
€125k▲
2024 · €44k
Debt ≤ 1 year
€125k▲
2024 · €44k
Income taxes
€19k▲
2024 · €19k
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€108k€146k▲
Fixed assets21/28€2k€2k▲
Tangible fixed assets22/27€2k€2k▲
Furniture and vehicles24€2k€2k▲
Financial fixed assets28€300€300=
Current assets29/58€106k€144k▲
Amounts receivable within one year40/41€29k€68k▲
Trade receivables40€28k€67k▲
Other amounts receivable41€1k€1k▼
Cash at bank and in hand54/58€74k€73k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€108k€146k▲
Equity10/15€64k€21k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€43k€651▼
Amounts payable17/49€44k€125k▲
Amounts payable within one year42/48€44k€125k▲
Trade debts44€347€2k▲
Suppliers440/4€347€2k▲
Taxes, remuneration and social security45€17k€22k▲
Taxes450/3€17k€22k▲
Other amounts payable47/48€26k€101k▲
Accrued charges and deferred income492/3€109-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€967▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€93k€92k▼
Operating profit (loss)9901€90k€90k▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▼
Non-recurring financial charges66B-€391
Profit (loss) for the period before taxes9903€88k€87k▼
Income taxes67/77€19k€19k▲
Profit (loss) for the period9904€69k€68k▼
Profit (loss) for the period to be appropriated9905€69k€68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€111k€112k▲
Profit (loss) brought forward from the previous period14P€43k€43k▲
Profit to be distributed694/7€68k€111k▲
Return on contributions (dividend)694€68k€111k▲
The notes to these accounts (8 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
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €72k ▲98.2%
Operating result €94k, net result €72k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.84
Current ratio from 1.31 to 2.84; short-term debt falls from €59k to €33k.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waterloo · 1 establishment unit since 2016
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.
Drève de la Meute 161410 WaterlooGround area
1,116 m²
Building footprint
127 m²
Volume, LiDAR
519 m³
Parcel 25763K0084/00B000, Wallonia · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Coadsh
since 20162.253.323.955
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763K0084/00B000 | Wallonia | 1,115 m² | 1 · 127 m² | 5.8 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 82,569 companies in sector 70200 we hold annual accounts for 52,573. 31,140 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-05-2016
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
62020IT consultancy
62200Computer consultancy and computer facilities management
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:alexandre.desaedeleer@gmail.com