Financials
Financial year 2025
CNOCKAERT from Comines-Warneton, company number BE0405469304, closed financial year 2025 with a result of € 627,940 after tax. For that financial year CNOCKAERT recorded revenue of € 27.6 million and equity of € 10.2 million. Compared with financial year 2024, the result moved from € 718,680 to € 627,940. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ 10.2 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 627,940
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
64 % of the profit went to the shareholders, mostly to CNOCKAERT CONSTRUCT (100 % of the shares). That is where the money ends up.
People and assets in 2025
60.6
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.6 million
▲ 1% vs 2024
€ 60,200 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.
€ 1.8 million
▲ 69% vs 2024
Of which on lease € 1.6 million.
Debts at end 2025
€ 2.3 million
▲ 35% vs 2024
€ 875,301 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4.1 million
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 72 days on average.
€ 421,592
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,800,760 | € 27,183,421 | € 26,433,542 | € 27,645,184 | ▲ 5% |
| Profit after taxes | € 740,917 | € 982,032 | € 718,680 | € 627,940 | ▼ 13% |
| Equity | € 8,855,987 | € 9,238,019 | € 9,956,699 | € 10,184,639 | ▲ 2% |
| Total debts | € 7,227,448 | € 9,735,536 | € 8,024,276 | € 9,548,936 | ▲ 19% |
| Cash | € 855,860 | € 885,991 | € 998,328 | € 1,805,098 | ▲ 81% |
| Land & buildings | € 4,213,504 | € 4,121,545 | € 4,042,050 | € 3,992,757 | ▼ 1% |
| Retained profit | € 5,396,987 | € 5,779,019 | € 6,497,699 | € 6,725,639 | ▲ 4% |
| Dividend | € 600,000 | € 600,000 | € 0 | € 400,000 | |
| Bank debt | € 1,530,047 | € 1,863,793 | € 1,709,706 | € 2,314,062 | ▲ 35% |
| Balance sheet total | € 16,518,004 | € 19,414,524 | € 18,500,780 | € 20,281,003 | ▲ 10% |
| Employees (FTE) | 48.3 | 53.2 | 59.9 | 60.6 | ▲ 0.7 |
Key figures of CNOCKAERT, 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 October 2026.
What happened to CNOCKAERT?
What happened at CNOCKAERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 627,940 (▼ 13% vs 2024). Source: NBB ↗
- New establishment in Comines-Warneton. KBO
- Start of the company according to the CBE. KBO
- New establishment in Wervik. KBO
In short
From € 740,917 profit in 2022 to € 627,940 profit in 2025.
Paid € 838,593 in corporate taxes since 2022.
Best year ever: 2023, with € 982,032 profit.
Paid out € 1.6 million in dividends to the owners in total.
Management
The stake of CNOCKAERT CONSTRUCT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CNOCKAERTBehind CNOCKAERT are Vossaco SRL and Cnockaert Construct SRL. The shares are held by CNOCKAERT CONSTRUCT (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Frank Cnockaert
Also active at: TRANSGIRANA
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Langemarkweg(KOM) S/N
7780 Comines-Warneton
Kruisekestraat 212
8940 Wervik
Active since 1 June 1945
Langemarkweg(KOM)
7780 Comines-Warneton
Active since 15 March 1988
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.469.304
- VAT number
- BE 0405.469.304
- Registered office
- Langemarkweg(KOM) S/N, 7780 Comines-Warneton
- Names & denominations
- CNOCKAERT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 1954
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- [email protected] 056 31 12 93
- Activities · NACE
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