Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE COCK NICO from Pittem, company number BE0418619138, closed financial year 2025 with a result of € 316 after tax. For that financial year DE COCK NICO recorded a gross margin of € 43,259 and equity of € -54,556. Compared with financial year 2024, the result moved from € 1,496 to € 316. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ -54,556
▲ € 316 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 316
▼ 79% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -73,148.
People and assets in 2025
€ 1,899
▼ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 315,546
▼ 8% vs 2024
€ 25,829 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 590
▲ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,761
▲ € 11,121 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,173 | € 9,618 | € 49,306 | € 43,259 | ▼ 12% |
| Profit after taxes | € -14,812 | € -40,007 | € 1,496 | € 316 | ▼ 79% |
| Equity | € -16,360 | € -56,367 | € -54,871 | € -54,556 | ▲ € 316 |
| Total debts | € 521,329 | € 441,474 | € 397,247 | € 352,410 | ▼ 11% |
| Cash | € 97,155 | - | - | - | |
| Land & buildings | € 366,496 | € 342,237 | € 319,017 | € 295,955 | ▼ 7% |
| Retained profit | € -34,952 | € -74,959 | € -73,463 | € -73,148 | |
| Bank debt | € 386,311 | € 369,298 | € 344,706 | € 315,546 | ▼ 8% |
| Balance sheet total | € 504,969 | € 385,107 | € 342,375 | € 297,854 | ▼ 13% |
Key figures of DE COCK NICO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to DE COCK NICO?
What happened at DE COCK NICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 316 (▼ 79% vs 2024). Source: NBB ↗
- Goedele Denys became a director. NBB
- Pascal Lannoo became a director. NBB
- Pieter Lannoo stepped down as director. NBB
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,812 loss in 2022 to € 316 profit in 2025.
Best year ever: 2024, with € 1,496 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind DE COCK NICO are Goedele Denys and Pascal Lannoo.
Directors
According to the 2025 annual accounts
Goedele Denys
Director
since 2025
Pascal Lannoo
Director
since 2025
· until 2025
Establishments
Establishment units
Physical locations of this company
Moortelmeers 13
8740 Pittem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.619.138
- VAT number
- BE 0418.619.138
- Registered office
- Moortelmeers 13, 8740 Pittem
- Names & denominations
- DE COCK NICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 1978
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
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