COENEN AFWERKING MANAGEMENT
ActiveCOENEN AFWERKING MANAGEMENT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €25k and a net result of €22k. Equity is shrinking by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 15% of 1216 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1216 sector peers (2025).
NBB · sector comparisonPosition among 1216 sector peers
Solvency
better than 15%
← 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 29-07-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
4 d early
2022
4 d early
2021
23 d early
2020
23 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
04-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▼ 89.5%
2024 · €242k
2022: €150k
2023: €173k
2024: €242k
2022 → 2025
Net result
€22k▼ 67.7%
2024 · €69k
2022: €31k
2023: €23k
2024: €69k
2022 → 2025
Total assets
€465k▲ 10.3%
2024 · €422k
2022: €248k
2023: €337k
2024: €422k
2022 → 2025
Solvency
5.4%▼ 51.9pp
2024 · 57.3%
2022: 60.3%
2023: 51.2%
2024: 57.3%
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€150k-€173k▲ 15.2%€242k▲ 39.9%€25k▼ 89.5%
Operating result€43k-€35k▼ 18.8%€98k▲ 181%€43k▼ 55.6%
Net result€31k-€23k▼ 26.5%€69k▲ 203%€22k▼ 67.7%
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 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €465k
Fixed assets
€139k▼ 12.2%
Current assets
€326k▲ 23.7%
Equity and liabilities €465k
Equity
€25k▼ 89.5%
Debt
€440k▲ 144%
The debt ratio rises from 42.7% to 94.6%: debt grows while equity shrinks.
Key figures and ratios
Solvency
5.4%▼
2024 · 57.3%
ROE
88.1%▲
2024 · 28.5%
ROA
4.8%▼
2024 · 16.3%
Debt
€440k▲
2024 · €180k
Debt ≤ 1 year
€440k▲
2024 · €180k
Income taxes
€11k▼
2024 · €23k
Staff costs
€109k▲
2024 · €83k
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
Total assets
20/58€422k€465k▲
Fixed assets
21/28€158k€139k▼
Tangible fixed assets
22/27€158k€139k▼
Current assets
29/58€264k€326k▲
Amounts receivable within one year
40/41€126k€16k▼
Cash & bank
54/58€25k€196k▲
Total equity & liabilities
10/49€422k€465k▲
Equity
10/15€242k€25k▼
Contributions / capital
10/11€3k€3k=
Accumulated profits (losses)
14€239k€22k▼
Amounts payable
17/49€180k€440k▲
Amounts payable within one year
42/48€180k€440k▲
Trade debts payable within one year
44€9k€38k▲
Income statement
Code20242025
Gross operating margin
9900€222k€176k▼
Operating result
9901€98k€43k▼
Financial income
75€194-
Financial charges
65€6k€10k▲
Result before taxes
9903€92k€33k▼
Income taxes
67/77€23k€11k▼
Net result for the period
9904€69k€22k▼
Result to be appropriated
9905€69k€22k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €22k ▼67.7%
Net result drops to €22k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €69k ▲203%
Operating result €98k, net result €69k, both a record.
31-12
Financial
Equity above €200kEq €242k ▲39.9%
3 profitable years in a row build equity to €242k.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €173k ▲15.2%
2 profitable years in a row build equity to €173k.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
EB BEHEER
BE 0835.884.434
Kapellen · Eq €25k
GOOD ROOTS
BE 0766.409.173
Nazareth-De Pinte · Eq €25k
Aim4themoon
BE 0719.429.105
Izegem · Eq €25k
Compagnie Perceval
BE 0729.672.107
Oostende · Eq €25k
LJ Projects
BE 0695.634.015
Oudsbergen · Eq €25k
Of 24,686 companies in sector 64210 we hold annual accounts for 19,299. 7,916 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-2019
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
64200Holdings
64210Activities of holding companies
25120Manufacture of fabricated metal products, except machinery and equipment
31001Manufacture of furniture
41001General construction of residential buildings
43350Other building finishing work
45310
46180Agents specialised in the wholesale of other particular products
46720Wholesale of motor vehicle parts and accessories
68110Buying and selling of own real estate
77210Renting and leasing of sports and recreation goods
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 30-07-2026. Scores and ratios are computed by Checked and are not a credit decision.