Warning lights
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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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022, 2023.
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Busy address KBO
38 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Cobelfret from Antwerpen, company number BE0416221852, closed financial year 2024 with a result of € 18 million after tax. For that financial year Cobelfret recorded revenue of € 249.1 million and equity of € 53.8 million. Compared with financial year 2023, the result moved from € 2.3 million to € 18 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 June 23, 2025.
€ 53.8 million
▲ 50% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18 million
▲ € 15.7 million vs 2023
Profit after tax over the fiscal year.
€ 1.4 million
▼ 66% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 37.8 million.
People and assets in 2024
36.3
▼ 16.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 4.9 million
▼ 7% vs 2023
€ 133,800 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.
€ 18 million
▼ 39% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 9 million
▼ 7% vs 2023
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 6.9 million
▼ 18% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 10 days on average.
€ 311,208
▼ 23% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 150,788,345 | € 166,507,807 | € 249,083,077 | ▲ 50% |
| Profit after taxes | € 10,153,464 | € 2,336,707 | € 18,043,611 | ▲ € 15.7 million |
| Equity | € 33,428,473 | € 35,765,180 | € 53,808,791 | ▲ 50% |
| Total debts | € 29,646,348 | € 19,097,846 | € 16,223,818 | ▼ 15% |
| Cash | € 8,549,459 | € 4,054,749 | € 1,359,361 | ▼ 66% |
| Retained profit | € 17,428,473 | € 19,765,180 | € 37,808,791 | ▲ 91% |
| Bank debt | € 10,723,485 | € 9,617,424 | € 8,952,500 | ▼ 7% |
| Balance sheet total | € 79,132,778 | € 56,631,933 | € 70,078,043 | ▲ 24% |
| Employees (FTE) | 46.5 | 52.4 | 36.3 | ▼ 16.1 |
Key figures of Cobelfret, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Cobelfret?
What happened at Cobelfret in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Navira VOF stepped down as director. NBB
- LMC Management commV stepped down as director. NBB
- Cigrang Christian stepped down as director. NBB
- Shipconsult VOF stepped down as director. NBB
- C/Hive Management BV stepped down as director. NBB
- Trilithon stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 18 million (▲ € 15.7 million vs 2023). Source: NBB ↗
- Shipconsult VOF became a director. NBB
In short
From € 10.2 million profit in 2022 to € 18 million profit in 2024.
Paid € 260,096 in corporate taxes since 2022.
Best year ever: 2024, with € 18 million profit.
Pays suppliers within 10 days on average.
Management
It owns 0.1% of C. Bulk n.v. itself.
Directors
According to the 2024 annual accounts
Director · represented by Florent Maes
Also active at: CLdN, CLdN Ferries, CLdN Ports Zeebrugge, CLdN Tech, CLdN RoRo Agencies, CLdN IT Applications, CLdN Cargo
since 2024 · until 2030
Director · represented by Bert Schandevyl
since 2021 · until 2027
Cigrang Christian
Director
since 2021 · until 2027
since 2024 · until 2027
Director · represented by Mathieu Ceulen
since 2024 · until 2027
Director · represented by Frank Van Bellingen
since 2021 · until 2027
August Verdonck
Director
since 2020 · until 2024
Establishments
Establishment units
Physical locations of this company
Sneeuwbeslaan 14
2610 Antwerpen
Arthur Goemaerelei 28
2018 Antwerpen
Active since 22 November 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 38 companies are registered at this address.
All companies at this address →Conti-Lines Group
€ 4.8 million revenue · 2025
Fednav (Belgium)
€ 5.9 million revenue · 2025
Ferrum
€ -10,774 gross margin · 2025
COMMERCIAL TRADING AGENCY - C.T.A.
€ 9.7 million revenue · 2024
CONTI-LINES
€ 50.9 million revenue · 2025
+33 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
- 0416.221.852
- VAT number
- BE 0416.221.852
- Registered office
- Sneeuwbeslaan 14, 2610 Antwerpen
- Names & denominations
- Cobelfret
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 1976
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Logistieke diensten
Bevrachting
Overige vrachtbehandeling, exclusief in zeehavens
Overige vrachtbehandeling
Overige vervoerondersteunende activiteiten