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COEK ENGINEERING

Active
Public limited companyfounded 196660 yrs activeLiessel 13, 2440 Geel, BelgiumKBO/BCE: BE 0405.790.788
Summary

COEK ENGINEERING has been active since 1966 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.2m and a net result of €423,459. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 818 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisWatch ReportCompare
COEK ENGINEERINGActiveChecked score 80/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110Manufacture of machinery and equipment not elsewhere classified NACE 28110Engineering and related technical consultancy, excluding land surveyors NACE 71121
#3 oldest company in Geel, Manufacturing sector1 site
Size
€24.2mturnover 2025
Staff
18.9 FTE
Equity
€8.2m
Profit
€423,459
Financial health
80 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Parent
Group Coek · 100%
Holdings
2
Accounts 28 d early0 of 13 deeds read
Why 80- Liquidity: current ratio 0.84, cash €689,603- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)+ Founded in 1966+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Better than 27% of its sector peers (NACE 25, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 59+3
equity 34.2% of total assets
Liquidity 19+3
short-term debt 65.7% · cash 2.9%
Profitability 58-9
return on assets 1.8%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (747 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● 0.0% vs 11-2024 01-2025: 0.4%● 0.0% vs 12-2024 02-2025: 0.4%▼ -3.7% vs 01-2025 03-2025: 0.4%▲ +1.4% vs 02-2025 04-2025: 0.4%▲ +2.1% vs 03-2025 05-2025: 0.5%▲ +4.6% vs 04-2025 06-2025: 0.5%▲ +0.7% vs 05-2025 07-2025: 0.6%▲ +22.4% vs 06-2025highest value 08-2025: 0.3%▼ -47.3% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%● 0.0% vs 12-2025 02-2026: 0.3%▼ -4.1% vs 01-2026lowest value 03-2026: 0.3%▲ +1.8% vs 02-2026 04-2026: 0.3%▲ +2.1% vs 03-2026 05-2026: 0.3%▲ +4.8% vs 04-2026 06-2026: 0.3%▲ +2.6% vs 05-2026 07-2026: 0.3%▲ +2.2% vs 06-2026 08-2026: 0.5%▲ +45.0% vs 07-2026 09-2026: 0.5%● 0.0% vs 08-2026 10-2026: 0.5%● 0.0% vs 09-2026
  • Liquidity: current ratio 0.84, cash €689,603 raises the probability
  • Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
  • Founded in 1966 lowers the probability for this profile
  • Legal form Public limited company lowers the probability
Credit up to €650,000 at 30 days acceptable
Liquidity short (current ratio 0.84 against 0.87 in 2024; short-term debt: 65.7% and cash: 2.9% of total assets), and 65.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, small). Better than this share of them on solvency 38%, liquidity 10%, profitability 30%, growth against the median 31%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.84, cash €689,603
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Founded in 1966
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
27 d early
2023
21 d early
2022
33 d early
2021
37 d early
2020
38 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 3 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet €423,459 ▼73.8%
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Caution: Result fell in 2025from €1.6m to €423,459 ▼ 73.8% View
  • Positive: Oldest company in Geel, Manufacturing sectorin the Checked rankings #3 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €423,459 8 years View
  • Controlled by Group Coekultimately: CEI 100% View
  • Active since 1966founded 01-08-1966 60 years View

By topic

Financials

Fiscal year
2025
Turnover
€24.2m
Profit
€423,459
Solvency
34.2%
Turnover▼ 23.0%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 03-07-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 04-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
01-08-1966
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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