Financials
Financial year 2025
Van Coetsem from Brugge, company number BE0406748219, closed financial year 2025 with a result of € -37,380 after tax. For that financial year Van Coetsem recorded a gross margin of € 11,338 and equity of € 4,640. Compared with financial year 2024, the result moved from € 20,135 to € -37,380. The company made a loss. The buffer shrank hard: equity is 97 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 4,640
▼ 97% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,380
▼ still € 20,135 profit in 2024
Profit after tax over the fiscal year.
€ 38,380
▲ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,360.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 22,981
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25,020
▼ 25% vs 2024
€ 8,795 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 232
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,206
▼ 18% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 274,907 | € 53,700 | € 30,548 | € 11,338 | ▼ 63% |
| Profit after taxes | € 222,778 | € 40,593 | € 20,135 | € -37,380 | ▼ € 57,515 |
| Equity | € 73,475 | € 114,069 | € 134,204 | € 4,640 | ▼ 97% |
| Total debts | € 156,434 | € 82,610 | € 75,885 | € 91,447 | ▲ 21% |
| Cash | € 127,488 | € 26,866 | € 24,399 | € 38,380 | ▲ 57% |
| Retained profit | € -51,525 | € -10,931 | € 22,020 | € -15,360 | ▼ € 37,380 |
| Bank debt | € 0 | € 41,633 | € 33,485 | € 25,020 | ▼ 25% |
| Balance sheet total | € 229,909 | € 196,678 | € 210,089 | € 96,088 | ▼ 54% |
Key figures of Van Coetsem, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Van Coetsem?
What happened at Van Coetsem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,380 (▼ € 57,515 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Brugge. KBO
In short
From € 222,778 profit in 2022 to € 37,380 loss in 2025.
Paid € 883 in corporate taxes since 2022.
Best year ever: 2022, with € 222,778 profit.
Management
Behind Van Coetsem is Peter Vancoetsem.
Directors
According to the 2025 annual accounts
Peter Vancoetsem
Director
Establishments
Establishment units
Physical locations of this company
Jeanne De Beirstraat 8
8200 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.748.219
- VAT number
- BE 0406.748.219
- Registered office
- Jeanne De Beirstraat 8, 8200 Brugge
- Names & denominations
- Van Coetsem
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 1969
- Peppol
- Active · Active since 21 Oct 2026
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