Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 95.7 to 83.6.
Financials
Financial year 2025
Comeco from Hoogstraten, company number BE0406983195, closed financial year 2025 with a result of € -826,626 after tax. For that financial year Comeco recorded revenue of € 175 million and equity of € 14.4 million. Compared with financial year 2024, the result moved from € 566,596 to € -826,626. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ 14.4 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -826,626
▼ still € 566,596 profit in 2024
Profit after tax over the fiscal year.
€ 137,252
▲ € 131,219 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 13.8 million.
People and assets in 2025
83.6
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.7 million
▲ 1% vs 2024
€ 68,600 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.
€ 47,172
▼ 36% 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.
€ 5.1 million
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 11 days on average.
€ 1.3 million
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 197,266,309 | € 238,868,413 | € 209,499,041 | € 174,959,142 | ▼ 16% |
| Profit after taxes | € 1,947,230 | € 3,881,955 | € 566,596 | € -826,626 | ▼ € 1.4 million |
| Equity | € 23,238,788 | € 27,074,396 | € 15,252,345 | € 14,390,898 | ▼ 6% |
| Total debts | € 9,843,952 | € 9,892,906 | € 8,566,795 | € 6,406,573 | ▼ 25% |
| Cash | € 3,347 | € 8,461 | € 6,033 | € 137,252 | ▲ € 131,219 |
| Land & buildings | € 4,963,399 | € 4,379,229 | € 3,807,642 | € 3,242,937 | ▼ 15% |
| Retained profit | € 22,500,044 | € 26,368,841 | € 14,579,978 | € 13,753,351 | ▼ 6% |
| Dividend | € 0 | € 0 | € 12,342,720 | € 0 | ▼ 100% |
| Balance sheet total | € 33,099,421 | € 36,988,716 | € 23,839,477 | € 20,821,356 | ▼ 13% |
| Employees (FTE) | 96.2 | 95.7 | 84.9 | 83.6 | ▼ 1.3 |
Key figures of Comeco, 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 Comeco?
What happened at Comeco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Piet CLAEYS stepped down as director. NBB
- WESTVLEES GROUP NV stepped down as director. NBB
- Jos CLAEYS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 826,626 (▼ € 1.4 million vs 2024). filed late Source: NBB ↗
- SUS DEI BV stepped down as director. NBB
- SUS DEI BV became a director. NBB
- Piet CLAEYS became a director. NBB
- WESTVLEES GROUP NV became a director. NBB
In short
From € 1.9 million profit in 2022 to € 826,626 loss in 2025.
Paid € 2.2 million in corporate taxes since 2022.
Best year ever: 2023, with € 3.9 million profit.
Paid out € 12.3 million in dividends to the owners in total.
Management
The stake of BELGIAN PORK GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ComecoThe shares are held by BELGIAN PORK GROUP (100%).
Directors
According to the 2025 annual accounts
Director · represented by Erik DIEU
since 2021 · until 2025
Piet CLAEYS
Director
Also active at: Covameat, CARNITRANS, WESTVLEES, WESTVLEES GROUP, Benedikt D'hulster
since 2021 · until 2027
since 2021 · until 2027
Jos CLAEYS
Managing director
Also active at: Covameat, LAVAMEAT, Locks, CARNITRANS, LOVENFOSSE, WESTVLEES, WESTVLEES GROUP, Benedikt D'hulster +2 more
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
John Lijsenstraat 55
2321 Hoogstraten
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
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Website info
Features
Security
Details
- Company number
- 0406.983.195
- VAT number
- BE 0406.983.195
- Registered office
- John Lijsenstraat 55, 2321 Hoogstraten
- Names & denominations
- Comeco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 1970
- Peppol
- Active · Active since 29 Sept 2025
- Contact
- comeco.be
- Activities · NACE
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