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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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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
COBELAL from Leuven, company number BE0408456706, closed financial year 2025 with a result of € 2.1 million after tax. For that financial year COBELAL recorded revenue of € 110 million and equity of € 36.7 million. Compared with financial year 2024, the result moved from € -236,194 to € 2.1 million. Profitable, and profit is growing. 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 April 28, 2026.
€ 36.7 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
▲ still € 236,194 loss in 2024
Profit after tax over the fiscal year.
€ 266,153
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 15 million.
People and assets in 2025
32.9
▼ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▼ 14% vs 2024
€ 95,300 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.
€ 174,952
▲ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4 million
▲ 65% vs 2024
Loans from banks and other lenders, long and short.
€ 14.9 million
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 1.3 million
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 114,157,732 | € 116,146,869 | € 118,896,260 | € 109,995,071 | ▼ 7% |
| Profit after taxes | € 1,361,425 | € 1,168,994 | € -236,194 | € 2,130,136 | ▲ € 2.4 million |
| Equity | € 33,618,086 | € 34,787,081 | € 34,550,886 | € 36,681,022 | ▲ 6% |
| Total debts | € 16,016,820 | € 26,227,415 | € 14,214,467 | € 20,311,162 | ▲ 43% |
| Cash | - | - | - | € 266,153 | |
| Land & buildings | € 112,564 | € 96,933 | € 85,383 | € 62 | ▼ € 85,321 |
| Retained profit | € 11,982,587 | € 13,151,581 | € 12,915,387 | € 15,045,523 | ▲ 16% |
| Bank debt | € 1,163,969 | € 11,817,268 | € 2,413,138 | € 3,971,290 | ▲ 65% |
| Balance sheet total | € 51,539,101 | € 61,064,108 | € 49,275,353 | € 57,538,125 | ▲ 17% |
| Employees (FTE) | 37.3 | 35.2 | 35.7 | 32.9 | ▼ 2.8 |
Key figures of COBELAL, 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 COBELAL?
What happened at COBELAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Arvesta Belgium BV stepped down as director. NBB
- Agri Invest BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.1 million. Source: NBB ↗
- Arvesta Belgium BV became a director. NBB
- Paul Deleu stepped down as director. NBB
- New establishment in Brugelette. KBO
- New establishment in Pajottegem. KBO
- New establishment in Leuven. KBO
In short
From € 1.4 million profit in 2022 to € 2.1 million profit in 2025.
Paid € 2.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.1 million profit.
Pays suppliers within 51 days on average.
Management
The shares are held by Arvesta BV (100%). It owns 100% of Cofabel, 100% of Le Bon Grain France SAS, 99% of CERTIPLANT, 99% of BELCROP, 0% of SABE SAS and 0% of AVEVE BIOCHEM itself.
Directors
According to the 2025 annual accounts
Director · represented by Jurgen Van Eetvelde
Also active at: AVEVE, Martens Traktor, Willem Spoormans, HORTIPLAN, WALAGRI, COFABEL, POMAGRO, DUMOULIN +17 more
since 2026 · until 2028
Paul Deleu
Managing director
Also active at: AVEVE, HORTIPLAN, WALAGRI, POMAGRO, DUMOULIN, AKTIEFINVEST, ETABLISSEMENTS L. RIGAUX, ARVESTA LOGISTICS +5 more
since 2024 · until 2026
Director · represented by Kris Moerman
Also active at: Martens Traktor, WALAGRI, COFABEL, POMAGRO, ETABLISSEMENTS L. RIGAUX, ARVESTA LOGISTICS, Arvesta Belgium, BELCROP +1 more
since 2024 · until 2028
Shareholders
100%
Participations
100%
Le Bon Grain France SAS
100%
99%
99%
SABE SAS
0%
0%
Establishments
Establishment units
Physical locations of this company
Aarschotsesteenweg 84
3012 Leuven
Aarschotsesteenweg 80
3012 Leuven
Active since 15 October 1993
Vaartkaai 30
2170 Antwerpen
Active since 7 June 2018
Hagelberg 4
2250 Olen
Active since 15 December 2020
Olsensesteenweg(KRU) 67
9770 Kruisem
Active since 14 November 2020
Moortelstraat 26
9160 Lokeren
Active since 15 September 2021
Rue de la Croix Limont 15
5590 Ciney
Active since 15 December 2021
Chemin d'Attre(B) 2
7940 Brugelette
Active since 1 June 2025
H. Geeststraat(HN) 1 box A
1540 Pajottegem
Active since 1 June 2025
Aarschotsesteenweg 82
3012 Leuven
Active since 1 June 2025
Bedrijvenstraat 5760
3800 Sint-Truiden
Active since 1 June 2025
Rue Bois-du-Loup, Ligny 2
5140 Sombreffe
Active since 1 June 2025
Kipdorpstraat 52
3960 Bree
Active since 1 June 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →AVEVE same network
€ 779.3 million revenue · 2025
ARVESTA LOGISTICS same network
€ 6.6 million revenue · 2025
Sociaal Fonds Arvesta
Arvesta Belgium same network
€ 112.1 million revenue · 2025
Arvesta same network
€ 66.2 million revenue · 2025
+3 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
- 0408.456.706
- VAT number
- BE 0408.456.706
- Registered office
- Aarschotsesteenweg 84, 3012 Leuven
- Names & denominations
- COBELAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 July 1971
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Handelsbemiddeling in de groothandel in andere specifieke goederen
Vervaardiging van machines voor de landbouw en de bosbouw
Groothandel in delen en toebehoren van motorvoertuigen
Onderhoud en reparatie van motorvoertuigen, neg
Detailhandel in andere motorvoertuigen (> 3,5 ton)
+17