Financials
Financial year 2025
DE COENE - PRODUCTS from Wevelgem, company number BE0416684779, closed financial year 2025 with a result of € 415,046 after tax. For that financial year DE COENE - PRODUCTS recorded revenue of € 24.1 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 381,510 to € 415,046. 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 30, 2026.
€ 3.7 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 415,046
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 56,452
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.2 million.
People and assets in 2025
101.5
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.6 million
▼ 2% vs 2024
€ 65,100 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.
€ 1.5 million
▼ 11% vs 2024
Of which on lease € 1.4 million.
Debts at end 2025
€ 3.2 million
▲ 10% vs 2024
€ 622,656 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.9 million
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 1 million
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,899,145 | € 25,385,630 | € 26,336,142 | € 24,126,820 | ▼ 8% |
| Profit after taxes | € 141,766 | € 152,476 | € 381,510 | € 415,046 | ▲ 9% |
| Equity | € 2,763,537 | € 2,916,012 | € 3,297,522 | € 3,712,568 | ▲ 13% |
| Total debts | € 6,214,922 | € 5,641,808 | € 5,192,382 | € 6,172,352 | ▲ 19% |
| Cash | € 159,053 | € 127,104 | € 109,112 | € 56,452 | ▼ 48% |
| Retained profit | € 2,263,537 | € 2,416,012 | € 2,797,522 | € 3,212,568 | ▲ 15% |
| Dividend | € 100,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 3,308,892 | € 3,107,493 | € 2,947,503 | € 3,230,780 | ▲ 10% |
| Balance sheet total | € 9,478,459 | € 9,307,821 | € 9,489,904 | € 11,134,920 | ▲ 17% |
| Employees (FTE) | 97.3 | 102.3 | 102.4 | 101.5 | ▼ 0.9 |
Key figures of DE COENE - PRODUCTS, 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 DE COENE - PRODUCTS?
What happened at DE COENE - PRODUCTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 415,046 (▲ 9% vs 2024). Source: NBB ↗
- Elsje Potteau stepped down as director. NBB
- CLIVER stepped down as director. NBB
- INVEL stepped down as director. NBB
- VERCLI stepped down as director. NBB
- Elsje Potteau became a director. NBB
- CLIVER became a director. NBB
- INVEL became a director. NBB
In short
From € 141,766 profit in 2022 to € 415,046 profit in 2025.
Paid € 77,794 in corporate taxes since 2022.
Best year ever: 2025, with € 415,046 profit.
Paid out € 100,000 in dividends to the owners in total.
Management
The stake of ELCOFIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DE COENE - PRODUCTSThe shares are held by ELCOFIN (100%).
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Managing director · represented by Clinckemaillie Luc
Also active at: DIVERMO, DECOWALL, PRODUCTS INVEST, TEMPORA, DORPSHART
since 2020 · until 2026
Managing director · represented by Vercauteren Dries
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Europalaan 135
8560 Wevelgem
Europark 1028
3530 Houthalen-Helchteren
Active since 1 July 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.684.779
- VAT number
- BE 0416.684.779
- Registered office
- Europalaan 135, 8560 Wevelgem
- Names & denominations
- DE COENE - PRODUCTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1977
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van fineer en van panelen op basis van hout
Vervaardiging van panelen en platen van hout
Zagen en schaven van hout
Groothandel in hout