Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COATEQ from Mouscron, company number BE0761893527, closed financial year 2025 with a result of € 827 after tax. For that financial year COATEQ recorded a gross margin of € 86,411 and equity of € 179,108. Compared with financial year 2024, the result moved from € -1,328 to € 827. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 179,108
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 827
▲ still € 1,328 loss in 2024
Profit after tax over the fiscal year.
€ 10,402
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 159,108.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 71,230
▲ 3% vs 2024
€ 71,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,809
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 358,012
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,432
▲ 170% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 166,125 | € 166,021 | € 90,662 | € 86,411 | ▼ 5% |
| Profit after taxes | € 75,234 | € 152,866 | € -1,328 | € 827 | ▲ € 2,155 |
| Equity | € 146,744 | € 179,610 | € 178,281 | € 179,108 | |
| Total debts | € 3,234,107 | € 2,343,130 | € 2,847,373 | € 4,007,041 | ▲ 41% |
| Cash | € 692,040 | € 1,447,888 | € 902,090 | € 10,402 | ▼ 99% |
| Retained profit | € 126,744 | € 159,610 | € 158,281 | € 159,108 | ▲ 1% |
| Dividend | € 0 | € 120,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 48,264 | € 0 | ▼ 100% |
| Balance sheet total | € 3,403,162 | € 2,522,739 | € 3,025,655 | € 4,186,149 | ▲ 38% |
| Employees (FTE) | - | 0.3 | 1 | 1 |
Key figures of COATEQ, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to COATEQ?
What happened at COATEQ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 827. Source: NBB ↗
- Axis BV became a director. NBB
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,234 profit in 2023 to € 827 profit in 2025.
Paid € 31,437 in corporate taxes since 2023.
Best year ever: 2023, with € 152,866 profit.
On average € 86,400 of value added per employee in 2025.
Management
The stake of AXON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COATEQBehind COATEQ is Axis BV. The shares are held by AXON (100%).
Establishments
Establishment units
Physical locations of this company
Royennestraat 51
7700 Mouscron
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Barracuda
Hosting
COMBELL-AS, BE
Domain
Domain
coatingprojects.be
Registered
2020-11-30
Website info
Features
Security
Network
Details
- Company number
- 0761.893.527
- VAT number
- BE 0761.893.527
- Registered office
- Royennestraat 51, 7700 Mouscron
- Names & denominations
- COATEQ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2021
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- coatingprojects.be +32 51 76 01 20
- Activities · NACE
Installatie van industriële machines, toestellen en werktuigen
Reparatie en onderhoud van machines