Financials
Financial year 2026
COLONA from Waremme, company number BE0411903669, closed financial year 2026 with a result of € 4.5 million after tax. For that financial year COLONA recorded revenue of € 125.2 million and equity of € 18.9 million. Compared with financial year 2025, the result moved from € 3.9 million to € 4.5 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ 18.9 million
▲ 25% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.5 million
▲ 15% vs 2025
Profit after tax over the fiscal year.
€ 1.2 million
▲ 163% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 750,000 paid out
17 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
190.2
▲ 5.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 13.1 million
▲ 11% vs 2025
€ 69,100 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.
€ 1.2 million
▼ 1% vs 2025
Of which on lease € 333,320.
Debts at end 2026
€ 15.7 million
▲ 11% vs 2025
€ 2.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 16.4 million
▲ 19% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 2.4 million
▲ 9% vs 2025
Taxes, VAT and social contributions still to pay.
| 2022 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 103,987,761 | € 140,898,439 | € 113,776,497 | € 125,219,728 | ▲ 10% |
| Profit after taxes | € -20,317 | € 3,515,357 | € 3,908,750 | € 4,479,684 | ▲ 15% |
| Equity | € 9,232,074 | € 11,977,516 | € 15,120,372 | € 18,937,660 | ▲ 25% |
| Total debts | € 24,168,336 | € 25,014,696 | € 31,250,622 | € 36,016,405 | ▲ 15% |
| Cash | € 962,197 | € 1,680,662 | € 476,115 | € 1,249,908 | ▲ 163% |
| Land & buildings | € 3,544,344 | € 4,925,204 | € 7,724,823 | € 8,553,854 | ▲ 11% |
| Retained profit | € 8,393,771 | € 11,159,128 | € 14,317,878 | € 18,047,562 | ▲ 26% |
| Dividend | € 0 | € 750,000 | € 750,000 | € 750,000 | |
| Bank debt | € 10,059,508 | € 10,633,240 | € 14,154,501 | € 15,738,480 | ▲ 11% |
| Balance sheet total | € 33,400,411 | € 36,992,212 | € 46,490,994 | € 54,954,065 | ▲ 18% |
| Employees (FTE) | 166.1 | 182.4 | 184.6 | 190.2 | ▲ 5.6 |
Key figures of COLONA, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to COLONA?
What happened at COLONA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe COLON stepped down as director. NBB
- INLOVA stepped down as director. NBB
- Jean-Luc COLON stepped down as director. NBB
- CoThrive Management stepped down as director. NBB
- Capital & Croissance stepped down as director. NBB
- CGMAX stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 4.5 million (▲ 15% vs 2025). Source: NBB ↗
- Philippe COLON became a director. NBB
In short
From € 20,317 loss in 2022 to € 4.5 million profit in 2026.
Paid € 3.9 million in corporate taxes since 2022.
Best year ever: 2026, with € 4.5 million profit.
Paid out € 2.3 million in dividends to the owners in total.
Management
The stake of CGMAX, CoThrive Management, Inlova comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COLONAThe shares are held by CGMAX (30%), CoThrive Management (30%) and Inlova (10%).
Directors
According to the 2026 annual accounts
Philippe COLON
Director
since 2023 · until 2030
Director · represented by Hervé WARNANT
since 2023 · until 2030
Jean-Luc COLON
Director
since 2023 · until 2030
Director · represented by Thibault COLON
since 2023 · until 2030
Director · represented by Gilles Koestel
Also active at: CONCEPTEXPO GROUP, MEGAFORM, SUPERPLASTIC, SOCIETE COMMERCIALE ET INDUSTRIELLE, BAUWENS ROGER, SOGECAM, HORUS SOFTWARE, CARILIBEL +29 more
since 2023 · until 2030
Director · represented by Maxime COLON
since 2023 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Au Fonds Râce 25
4300 Waremme
Au Fonds Râce 24-25-27 box R01-R03
4300 Waremme
Active since 1 January 1972
Au Fonds Râce 27
4300 Waremme
Active since 1 May 2017
Rue du Parc Industriel 45 (46)
4300 Waremme
Active since 14 September 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0411.903.669
- VAT number
- BE 0411.903.669
- Registered office
- Au Fonds Râce 25, 4300 Waremme
- Names & denominations
- COLONA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1971
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van specerijen, sauzen en kruiderijen
Vervaardiging van specerijen, sausen en kruiderijen
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