Financials
Financial year 2026
DE KOOLAARD from Gistel, company number BE0420164705, closed financial year 2026 with a result of € 48,682 after tax. For that financial year DE KOOLAARD recorded a gross margin of € 105,576 and equity of € 5.3 million. Compared with financial year 2025, the result moved from € 30,770 to € 48,682. 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 September 14, 2026.
€ 5.3 million
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,682
▲ 58% vs 2025
Profit after tax over the fiscal year.
€ 3,737
▼ 55% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 1.1 million.
People and assets in 2026
€ 4,378
▼ 15% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 164,543
▼ 11% vs 2025
€ 25,174 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 30,704
▲ € 29,386 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 16,515
▲ 57% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 88,394 | € 88,422 | € 81,153 | € 105,576 | ▲ 30% |
| Profit after taxes | € 41,811 | € 37,685 | € 30,770 | € 48,682 | ▲ 58% |
| Equity | € 5,192,669 | € 5,230,354 | € 5,261,124 | € 5,309,806 | ▲ 1% |
| Total debts | € 251,066 | € 225,787 | € 197,348 | € 211,991 | ▲ 7% |
| Cash | € 760 | € 6,246 | € 8,366 | € 3,737 | ▼ 55% |
| Land & buildings | € 4,632,746 | € 4,617,706 | € 4,609,439 | € 4,587,245 | |
| Retained profit | € 993,575 | € 1,031,260 | € 1,062,029 | € 1,110,712 | ▲ 5% |
| Bank debt | € 230,095 | € 209,836 | € 185,491 | € 164,543 | ▼ 11% |
| Balance sheet total | € 5,443,736 | € 5,456,141 | € 5,458,471 | € 5,521,797 | ▲ 1% |
Key figures of DE KOOLAARD, fiscal years 2023 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 DE KOOLAARD?
What happened at DE KOOLAARD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 48,682 (▲ 58% vs 2025). Source: NBB ↗
- New establishment in Oudenburg. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,811 profit in 2023 to € 48,682 profit in 2026.
Paid € 69,520 in corporate taxes since 2023.
Best year ever: 2026, with € 48,682 profit.
Management
Behind DE KOOLAARD are Gilbert Mortier, Karen Vandaele and Bernard Mortier. The same people are also behind MORTIER - AGRI.
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Oostendse Baan 121
8470 Gistel
Goedeboterstraat 39
8460 Oudenburg
Active since 1 March 1980
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
- 0420.164.705
- VAT number
- BE 0420.164.705
- Registered office
- Oostendse Baan 121, 8470 Gistel
- Names & denominations
- DE KOOLAARD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 1980
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden