Financials
Financial year 2025
COTEX from Gent, company number BE0425060235, closed financial year 2025 with a result of € 21,601 after tax. For that financial year COTEX recorded a gross margin of € 44,815 and equity of € 226,315. Compared with financial year 2024, the result moved from € 12,267 to € 21,601. 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 January 28, 2026.
€ 226,315
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,601
▲ 76% vs 2024
Profit after tax over the fiscal year.
€ 67,885
▼ 53% 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 € 186,315.
People and assets in 2025
€ 13,695
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50
▼ 37% vs 2024
Loans from banks and other lenders, long and short.
€ 6,584
▲ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,434
▲ 178% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 37,684 | € 37,105 | € 29,615 | € 44,815 | ▲ 51% |
| Profit after taxes | € 15,663 | € 16,666 | € 12,267 | € 21,601 | ▲ 76% |
| Equity | € 188,355 | € 205,021 | € 204,714 | € 226,315 | ▲ 11% |
| Total debts | € 100,690 | € 88,410 | € 77,943 | € 85,409 | ▲ 10% |
| Cash | € 98,951 | € 109,907 | € 144,756 | € 67,885 | ▼ 53% |
| Land & buildings | € 37,803 | € 35,665 | € 33,527 | € 31,388 | ▼ 6% |
| Retained profit | € 148,355 | € 165,021 | € 164,714 | € 186,315 | ▲ 13% |
| Dividend | € 0 | € 0 | € 12,574 | € 0 | ▼ 100% |
| Bank debt | € 50 | € 97 | € 80 | € 50 | ▼ 37% |
| Balance sheet total | € 289,045 | € 293,431 | € 282,657 | € 311,724 | ▲ 10% |
Key figures of COTEX, 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 COTEX?
What happened at COTEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,601 (▲ 76% vs 2024). Source: NBB ↗
- Sven Cosyns became a director. NBB
- New establishment in Gent. KBO
- Rudy Cosyns became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 15,663 profit in 2022 to € 21,601 profit in 2025.
Paid € 29,483 in corporate taxes since 2022.
Best year ever: 2025, with € 21,601 profit.
Paid out € 12,574 in dividends to the owners in total.
Management
Behind COTEX are Sven Cosyns and Rudy Cosyns.
Directors
According to the 2025 annual accounts
Sven Cosyns
Director
since 1999
Rudy Cosyns
Director
since 1983
Establishments
Establishment units
Physical locations of this company
Piereputstraat 6
9031 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.060.235
- VAT number
- BE 0425.060.235
- Registered office
- Piereputstraat 6, 9031 Gent
- Names & denominations
- COTEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1983
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)