Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 17.6 to 15.2.
Financials
Financial year 2025
COENEN from Roeselare, company number BE0427438022, closed financial year 2025 with a result of € 31,275 after tax. For that financial year COENEN recorded a gross margin of € 837,095 and equity of € 432,729. Compared with financial year 2024, the result moved from € 91,079 to € 31,275. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 432,729
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,275
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 7,016
▼ 72% 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 € 414,137.
People and assets in 2025
15.2
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 711,270
▼ 9% vs 2024
€ 46,800 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.
€ 23,854
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 156,006
▼ 47% vs 2024
€ 145,535 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1.2 million
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 197,072
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 819,003 | € 874,103 | € 995,981 | € 837,095 | ▼ 16% |
| Profit after taxes | € 37,579 | € 41,494 | € 91,079 | € 31,275 | ▼ 66% |
| Equity | € 268,880 | € 310,375 | € 401,454 | € 432,729 | ▲ 8% |
| Total debts | € 1,460,439 | € 1,541,626 | € 1,637,688 | € 1,925,698 | ▲ 18% |
| Cash | € 65,056 | € 38,369 | € 25,345 | € 7,016 | ▼ 72% |
| Land & buildings | € 69,542 | € 68,764 | € 79,443 | € 77,408 | ▼ 3% |
| Retained profit | € 250,288 | € 291,783 | € 382,862 | € 414,137 | ▲ 8% |
| Bank debt | € 537,374 | € 428,092 | € 291,637 | € 156,006 | ▼ 47% |
| Balance sheet total | € 1,729,319 | € 1,852,001 | € 2,039,142 | € 2,358,427 | ▲ 16% |
| Employees (FTE) | 16.6 | 17.6 | 17 | 15.2 | ▼ 1.8 |
Key figures of COENEN, 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 COENEN?
What happened at COENEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,275 (▼ 66% vs 2024). Source: NBB ↗
- M.G. Invest NV became a director. NBB
- New establishment in Diksmuide. KBO
- New establishment in Menen. KBO
- New establishment in Eeklo. KBO
- New establishment in Gent. KBO
- New establishment in Antwerpen. KBO
- New establishment in Kortrijk. KBO
In short
From € 37,579 profit in 2022 to € 31,275 profit in 2025.
Paid € 81,198 in corporate taxes since 2022.
Best year ever: 2024, with € 91,079 profit.
On average € 55,100 of value added per employee in 2025.
Management
Behind COENEN is M.G. Invest NV. M.G. Invest NV is also behind SOSTRA and ST. JAN.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Hendrik Consciencestraat 59
8800 Roeselare
Weststraat 71
8800 Roeselare
Active since 18 February 1993
Waalvest 39
8930 Menen
Active since 19 April 2006
August Van Ackerstraat 4
9900 Eeklo
Active since 19 April 2006
Afrikalaan 65a
9000 Gent
Active since 19 April 2006
Noorderlaan 101
2030 Antwerpen
Active since 19 April 2006
Doornstraat(Kor) 17 box A
8500 Kortrijk
Active since 19 April 2006
Pierre Corneliskaai 26
9300 Aalst
Active since 19 April 2006
Monnikenwerve 11
8000 Brugge
Active since 19 April 2006
Rijksweg 79
9870 Zulte
Active since 19 April 2006
Ijzerlaan(D) 34
8600 Diksmuide
Active since 23 October 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0427.438.022
- VAT number
- BE 0427.438.022
- Registered office
- Hendrik Consciencestraat 59, 8800 Roeselare
- Names & denominations
- COENEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 May 1985
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Detailhandel in andere tweedehandsgoederen, muv tweedehandskleding
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Handelsbemiddeling in meubels, huishoudelijke artikelen en ijzerwaren
Detailhandel in boeken
Groothandel in behang, verf en woningtextiel
Groothandel in huismeubilair
Groothandel in kranten, boeken en tijdschriften
Detailhandel in verlichtingsartikelen
+5