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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Shrinking team NBB
FTE fell two years in a row, from 55.9 to 49.5.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Cogetrina from Tournai, company number BE0402490018, closed financial year 2025 with a result of € 289,953 after tax. For that financial year Cogetrina recorded revenue of € 12.3 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 94,523 to € 289,953. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 2.6 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 289,953
▲ 207% vs 2024
Profit after tax over the fiscal year.
€ 50,990
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
49.5
▼ 3.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▼ 1% vs 2024
€ 55,800 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.
€ 3.1 million
▼ 25% vs 2024
Of which on lease € 2.6 million.
Debts at end 2025
€ 2.5 million
▼ 25% vs 2024
€ 966,787 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3.8 million
▲ 263% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 159 days on average.
€ 326,869
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,018,008 | € 11,184,373 | € 11,373,525 | € 12,301,243 | ▲ 8% |
| Profit after taxes | € 175,591 | € -111,425 | € 94,523 | € 289,953 | ▲ 207% |
| Equity | € 3,346,897 | € 3,234,035 | € 2,827,477 | € 2,616,349 | ▼ 7% |
| Total debts | € 5,078,167 | € 5,115,286 | € 5,254,171 | € 7,113,566 | ▲ 35% |
| Cash | € 62,100 | € 71,700 | € 109,553 | € 50,990 | ▼ 53% |
| Retained profit | € 3,132,231 | € 3,020,806 | € 2,615,329 | € 2,405,282 | ▼ 8% |
| Dividend | € 0 | € 0 | € 500,000 | € 500,000 | |
| Bank debt | € 3,138,375 | € 3,626,871 | € 3,330,843 | € 2,508,171 | ▼ 25% |
| Balance sheet total | € 8,425,064 | € 8,349,320 | € 8,081,648 | € 9,814,803 | ▲ 21% |
| Employees (FTE) | 58.3 | 55.9 | 52.9 | 49.5 | ▼ 3.4 |
Key figures of Cogetrina, fiscal years 2022 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 Cogetrina?
What happened at Cogetrina in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olivier Dufour stepped down as director. NBB
- Frédéric Dufour stepped down as director. NBB
- Philippe Dufour stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 289,953 (▲ 207% vs 2024). Source: NBB ↗
- Olivier Dufour became a director. NBB
- Frédéric Dufour became a director. NBB
- Philippe Dufour became a director. NBB
- New establishment in Tournai. KBO
In short
From € 175,591 profit in 2022 to € 289,953 profit in 2025.
Paid € 118,073 in corporate taxes since 2022.
Best year ever: 2025, with € 289,953 profit.
Paid out € 1 million in dividends to the owners in total.
Management
The shares are held by COSELOG SA (99%).
Directors
According to the 2025 annual accounts
Olivier Dufour
Director
Also active at: SOCIETE DE DEDOUANEMENT, DE MANUTENTION ET D'AFFRETEMENT, ENTREPRISES DE MONTAGES EN GENERAL JEAN BOUTIQUE, MANUTENTION JEAN BOUTIQUE, BETON DU BASSIN DE L'ESCAUT, COMPAGNIE DE SERVICES ET DE LOGISTIQUE, ANTOING RECYCLAGE BETONS, ECO.LYS, COSELOG +9 more
since 2023 · until 2029
Frédéric Dufour
Director
Also active at: Dufour Transports et Manutentions, SOCIETE DE DEDOUANEMENT, DE MANUTENTION ET D'AFFRETEMENT, DUFOUR ENERGY, ENTREPRISES DE MONTAGES EN GENERAL JEAN BOUTIQUE, MANUTENTION JEAN BOUTIQUE, BETON DU BASSIN DE L'ESCAUT, ONE WAY TRUCKING AVELGEM, AVELGEM CONTAINER TERMINAL +22 more
since 2023 · until 2029
Philippe Dufour
Director
Also active at: Dufour Transports et Manutentions, SOCIETE DE DEDOUANEMENT, DE MANUTENTION ET D'AFFRETEMENT, DUFOUR ENERGY, COMPAGNIE DE SERVICES ET DE LOGISTIQUE, ECO.LYS, COSELOG, SVPTE, DGC +2 more
since 2023 · until 2029
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Terre à Briques(MAR) 18
7522 Tournai
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Dufour Transports et Manutentions same network
€ 42.8 million revenue · 2025
DUFOUR ENERGY same network
€ 25.3 million revenue · 2025
ONE WAY TRUCKING AVELGEM same network
€ 233,016 gross margin · 2025
AVELGEM CONTAINER TERMINAL same network
€ -272,302 gross margin · 2025
EUROMETROPORTS same network
€ 39,876 gross margin · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.490.018
- VAT number
- BE 0402.490.018
- Registered office
- Rue de la Terre à Briques(MAR) 18, 7522 Tournai
- Names & denominations
- Cogetrina
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1959
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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