Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Coates Company from Brasschaat, company number BE0768963045, closed financial year 2026 with a result of € 27,011 after tax. For that financial year Coates Company recorded a gross margin of € 90,691 and equity of € -2,989. Compared with financial year 2025, the result moved from € 33,244 to € 27,011. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 15, 2026.
€ -2,989
▼ € 83,100 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,011
▼ 19% vs 2025
Profit after tax over the fiscal year.
€ 11,278
▼ 23% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 110,111 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
€ 37,738
▼ 31% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 640,957
▲ 25% vs 2025
€ 37,345 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 1,495
▼ 50% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 5,649
▼ 64% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 97,398 | € 74,256 | € 95,222 | € 90,691 | ▼ 5% |
| Profit after taxes | € 15,770 | € 26,096 | € 33,244 | € 27,011 | ▼ 19% |
| Equity | € 20,770 | € 46,866 | € 80,111 | € -2,989 | ▼ € 83,100 |
| Total debts | € 785,681 | € 706,041 | € 684,795 | € 710,123 | ▲ 4% |
| Cash | € 70,375 | € 27,119 | € 14,677 | € 11,278 | ▼ 23% |
| Land & buildings | € 613,022 | € 588,404 | € 563,786 | € 539,168 | ▼ 4% |
| Retained profit | € 15,770 | € 41,866 | € 75,111 | € -7,989 | ▼ € 83,100 |
| Dividend | € 0 | € 0 | € 0 | € 110,111 | |
| Bank debt | € 494,030 | € 477,130 | € 512,945 | € 640,957 | ▲ 25% |
| Balance sheet total | € 806,451 | € 752,907 | € 764,906 | € 707,134 | ▼ 8% |
Key figures of Coates Company, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Coates Company?
What happened at Coates Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 27,011 (▼ 19% vs 2025). Source: NBB ↗
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,770 profit in 2023 to € 27,011 profit in 2026.
Paid € 28,289 in corporate taxes since 2023.
Best year ever: 2025, with € 33,244 profit.
Paid out € 110,111 in dividends to the owners in total.
Management
Behind Coates Company is Anthony Coates.
Directors
According to the 2026 annual accounts
Anthony Coates
Director
Establishments
Establishment units
Physical locations of this company
Hoge Weg 13
2930 Brasschaat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0768.963.045
- VAT number
- BE 0768.963.045
- Registered office
- Hoge Weg 13, 2930 Brasschaat
- Names & denominations
- Coates Company
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 2021
- Peppol
- Active · Active since 20 Feb 2025
- Contact
- [email protected] 0474/39 34 82
- Activities · NACE
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