What does COERTEL do?

COERTEL is a wholesaler in Antwerpen. Private Limited, started on 3 November 1983, 1 establishment.

What is the address of COERTEL?

The registered office of COERTEL is located at Appelmansstraat 25, 2018 Antwerpen.

Is COERTEL still active?

Yes. According to the CBE (31 October 2026) COERTEL is active, legal situation “Normale toestand”, started on 3 November 1983.

Is COERTEL registered on Peppol?

Yes, COERTEL is registered on the Peppol network with ID 0208:0424731425.

What is the enterprise number of COERTEL?

The enterprise number of COERTEL is BE0424731425.

When was COERTEL founded?

COERTEL was founded on 3 November 1983.

Who are the directors of COERTEL?

According to the 2025 annual accounts, the directors of COERTEL are: Bart Coeckelbergs, Annick Nackom.

Is COERTEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 November 1983; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did COERTEL make in 2025?

COERTEL posted a profit after taxes of € 5,951 in financial year 2025.

What is the revenue of COERTEL?

As a small company, COERTEL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 36,313.

Does COERTEL have a website?

Yes, COERTEL has a website at coertel.be.

COERTEL (Private Limited) - Antwerpen - BE0424731425

Dossier COERTEL, printed on 31 October 2026 from databakkes.be/en/0424731425/coertel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

39 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

COERTEL from Antwerpen, company number BE0424731425, closed financial year 2025 with a result of € 5,951 after tax. For that financial year COERTEL recorded a gross margin of € 36,313 and equity of € 256,926. Compared with financial year 2024, the result moved from € 14,926 to € 5,951. The company is profitable. 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 April 9, 2026.

What it is worth Growing

€ 256,926

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 5,951

▼ 60% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 20,999

▲ 12% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 238,334.

People and assets in 2025

Wage cost

€ 3,648

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 9,079

▼ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 131,526

▼ 11% vs 2024

€ 17,975 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 21,572

▲ 47% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 7,466

▼ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 54,502 Gross margin 2022: € 54,502 First fiscal year in the series	€ 31,824 Gross margin 2023: € 31,824 ▼ 42% vs 2022 (€ 54,502) Unfavourable step	€ 52,234 Gross margin 2024: € 52,234 ▲ 64% vs 2023 (€ 31,824) Favourable step	€ 36,313 Gross margin 2025: € 36,313 ▼ 30% vs 2024 (€ 52,234) Unfavourable step	▼ 30%
Profit after taxes	€ 17,575 Profit after taxes 2022: € 17,575 First fiscal year in the series	€ 6,314 Profit after taxes 2023: € 6,314 ▼ 64% vs 2022 (€ 17,575) Unfavourable step	€ 14,926 Profit after taxes 2024: € 14,926 ▲ 136% vs 2023 (€ 6,314) Favourable step	€ 5,951 Profit after taxes 2025: € 5,951 ▼ 60% vs 2024 (€ 14,926) Unfavourable step	▼ 60%
Equity	€ 229,734 Equity 2022: € 229,734 First fiscal year in the series	€ 236,048 Equity 2023: € 236,048 ▲ 3% vs 2022 (€ 229,734) Favourable step	€ 250,974 Equity 2024: € 250,974 ▲ 6% vs 2023 (€ 236,048) Favourable step	€ 256,926 Equity 2025: € 256,926 ▲ 2% vs 2024 (€ 250,974) Favourable step	▲ 2%
Total debts	€ 214,396 Total debts 2022: € 214,396 First fiscal year in the series	€ 189,213 Total debts 2023: € 189,213 ▼ 12% vs 2022 (€ 214,396) Favourable step	€ 174,607 Total debts 2024: € 174,607 ▼ 8% vs 2023 (€ 189,213) Favourable step	€ 163,498 Total debts 2025: € 163,498 ▼ 6% vs 2024 (€ 174,607) Favourable step	▼ 6%
Cash	€ 15,682 Cash 2022: € 15,682 First fiscal year in the series	€ 8,072 Cash 2023: € 8,072 ▼ 49% vs 2022 (€ 15,682) Unfavourable step	€ 18,685 Cash 2024: € 18,685 ▲ 131% vs 2023 (€ 8,072) Favourable step	€ 20,999 Cash 2025: € 20,999 ▲ 12% vs 2024 (€ 18,685) Favourable step	▲ 12%
Land & buildings	€ 237,602 Land & buildings 2022: € 237,602 First fiscal year in the series	€ 227,285 Land & buildings 2023: € 227,285 ▼ 4% vs 2022 (€ 237,602) Unchanged	€ 213,752 Land & buildings 2024: € 213,752 ▼ 6% vs 2023 (€ 227,285) Unchanged	€ 208,011 Land & buildings 2025: € 208,011 ▼ 3% vs 2024 (€ 213,752) Unchanged	▼ 3%
Retained profit	€ 211,142 Retained profit 2022: € 211,142 First fiscal year in the series	€ 217,456 Retained profit 2023: € 217,456 ▲ 3% vs 2022 (€ 211,142) Favourable step	€ 232,382 Retained profit 2024: € 232,382 ▲ 7% vs 2023 (€ 217,456) Favourable step	€ 238,334 Retained profit 2025: € 238,334 ▲ 3% vs 2024 (€ 232,382) Favourable step	▲ 3%
Bank debt	€ 179,521 Bank debt 2022: € 179,521 First fiscal year in the series	€ 165,848 Bank debt 2023: € 165,848 ▼ 8% vs 2022 (€ 179,521) Favourable step	€ 147,307 Bank debt 2024: € 147,307 ▼ 11% vs 2023 (€ 165,848) Favourable step	€ 131,526 Bank debt 2025: € 131,526 ▼ 11% vs 2024 (€ 147,307) Favourable step	▼ 11%
Balance sheet total	€ 444,130 Balance sheet total 2022: € 444,130 First fiscal year in the series	€ 425,261 Balance sheet total 2023: € 425,261 ▼ 4% vs 2022 (€ 444,130) Unchanged	€ 425,581 Balance sheet total 2024: € 425,581 Unchanged (€ 425,261) Unchanged	€ 420,423 Balance sheet total 2025: € 420,423 ▼ 1% vs 2024 (€ 425,581) Unchanged	▼ 1%

Key figures of COERTEL, 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 April 2027.

What happened to COERTEL?

What happened at COERTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 9, 2026 New annual accounts for financial year 2025: profit of € 5,951 (▼ 60% vs 2024). Source: NBB ↗
2005 Annick Nackom became a director. NBB
1999 Bart Coeckelbergs became a director. NBB
Nov 3, 1983 New establishment in Antwerpen. KBO
Nov 3, 1983 Start of the company according to the CBE. KBO

In short

From € 17,575 profit in 2022 to € 5,951 profit in 2025.

Paid € 16,158 in corporate taxes since 2022.

Best year ever: 2022, with € 17,575 profit.

Original PDFs at the National Bank ↗

Management

Bart Coeckelbergs Annick Nackom

COERTEL

Behind COERTEL are Bart Coeckelbergs and Annick Nackom.

Directors

According to the 2025 annual accounts

Bart Coeckelbergs

Director

since 1999

Annick Nackom

Director

since 2005

Establishments

Establishment units

Physical locations of this company

Registered office

Appelmansstraat 25

2018 Antwerpen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 39 companies are registered at this address.

All companies at this address →

Green Apple

Empire Shopping Center

Le Grand Cercle, Cercle Club Privé

ARGONIA

€ 152,422 gross margin · 2025

JAFIR

€ 11,419 gross margin · 2025

+34 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTP coertel.be

Technologies

BootstrapFont AwesomeNginxjQuerylazysizes

Hosting & Email

Email provider

Self-hosted

Hosting

COMBELL-AS, BE

Website info

HTTPS Nee

Languages DEFAULT

Features

Security

✗ HTTPS

✗ SPF

✗ DMARC

Network

✓ IPv6

Details

Company number

0424.731.425

VAT number

BE 0424.731.425

Registered office

Appelmansstraat 25, 2018 Antwerpen

Names & denominations

COERTEL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

3 November 1983

Peppol

Active · Active since 21 Oct 2026

Contact

coertel.be

Activities · NACE

Groothandel in uurwerken en sieraden

Groothandel in horloges en uurwerken, artikelen van edele metalen en sieraden

Detailhandel in uurwerken en sieraden

Gespecialiseerde detailhandel in uurwerken en sieradenhorloges en sieraden

View on CBE Public ↗ Annual accounts (NBB) ↗

COERTEL

Warning lights

Financials

What happened to COERTEL?

Management

Directors

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions