COBEL is a construction equipment rental company in Ath. Public Limited, started on 9 November 1985, 1 establishment.

What is the address of COBEL?

The registered office of COBEL is located at Route de Frasnes(Hou) 237, 7812 Ath.

Is COBEL still active?

Yes. According to the CBE (30 October 2026) COBEL is active, legal situation “Normale toestand”, started on 9 November 1985.

Is COBEL registered on Peppol?

Yes, COBEL is registered on the Peppol network with ID 0208:0428075351.

What is the enterprise number of COBEL?

The enterprise number of COBEL is BE0428075351.

When was COBEL founded?

COBEL was founded on 9 November 1985.

Who are the directors of COBEL?

According to the 2025 annual accounts, the directors of COBEL are: Monique Van Bellinghem, Bart De Roeck, Inge De Roeck, Noel De Roeck.

Is COBEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 November 1985; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did COBEL make in 2025?

COBEL posted a profit after taxes of € 229,195 in financial year 2025.

What is the revenue of COBEL?

As a small company, COBEL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,163,300.

How much does an employee at COBEL earn?

The average wage cost per full-time employee at COBEL was € 39,500 in 2025: staff costs of € 161,955 for 4.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does COBEL have?

According to the 2025 annual accounts, COBEL has 4.1 full-time equivalents (FTE).

COBEL (Public Limited) - Ath - BE0428075351

Dossier COBEL, printed on 30 October 2026 from databakkes.be/en/0428075351/cobel. 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.

Tight liquidity NBB

Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

COBEL from Ath, company number BE0428075351, closed financial year 2025 with a result of € 229,195 after tax. For that financial year COBEL recorded a gross margin of € 1.2 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 168,984 to € 229,195. 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 February 28, 2026.

What it is worth Growing

€ 2.1 million

▲ 12% vs 2024

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

Profit Growing

€ 229,195

▲ 36% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 210,803

▲ 70% 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 € 2 million.

People and assets in 2025

Full-time equivalents

4.1

▲ 0.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 161,955

▲ 21% vs 2024

€ 39,500 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.

Vehicles and equipment

€ 688,437

▲ 49% vs 2024

Of which on lease € 676,387.

Debts at end 2025

Bank debt ≈ 2 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.

€ 1 million

▲ 11% vs 2024

€ 425,119 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 681,332

▲ 268% vs 2024

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

Taxes and wages

€ 25,053

▼ 58% 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	€ 791,866 Gross margin 2022: € 791,866 First fiscal year in the series	€ 884,657 Gross margin 2023: € 884,657 ▲ 12% vs 2022 (€ 791,866) Favourable step	€ 928,341 Gross margin 2024: € 928,341 ▲ 5% vs 2023 (€ 884,657) Favourable step	€ 1,163,300 Gross margin 2025: € 1,163,300 ▲ 25% vs 2024 (€ 928,341) Favourable step	▲ 25%
Profit after taxes	€ 270,923 Profit after taxes 2022: € 270,923 First fiscal year in the series	€ 252,012 Profit after taxes 2023: € 252,012 ▼ 7% vs 2022 (€ 270,923) Unfavourable step	€ 168,984 Profit after taxes 2024: € 168,984 ▼ 33% vs 2023 (€ 252,012) Unfavourable step	€ 229,195 Profit after taxes 2025: € 229,195 ▲ 36% vs 2024 (€ 168,984) Favourable step	▲ 36%
Equity	€ 1,425,025 Equity 2022: € 1,425,025 First fiscal year in the series	€ 1,673,303 Equity 2023: € 1,673,303 ▲ 17% vs 2022 (€ 1,425,025) Favourable step	€ 1,838,638 Equity 2024: € 1,838,638 ▲ 10% vs 2023 (€ 1,673,303) Favourable step	€ 2,064,256 Equity 2025: € 2,064,256 ▲ 12% vs 2024 (€ 1,838,638) Favourable step	▲ 12%
Total debts	€ 1,465,298 Total debts 2022: € 1,465,298 First fiscal year in the series	€ 1,771,873 Total debts 2023: € 1,771,873 ▲ 21% vs 2022 (€ 1,465,298) Unfavourable step	€ 1,251,818 Total debts 2024: € 1,251,818 ▼ 29% vs 2023 (€ 1,771,873) Favourable step	€ 1,822,707 Total debts 2025: € 1,822,707 ▲ 46% vs 2024 (€ 1,251,818) Unfavourable step	▲ 46%
Cash	€ 188,091 Cash 2022: € 188,091 First fiscal year in the series	€ 218,653 Cash 2023: € 218,653 ▲ 16% vs 2022 (€ 188,091) Favourable step	€ 123,822 Cash 2024: € 123,822 ▼ 43% vs 2023 (€ 218,653) Unfavourable step	€ 210,803 Cash 2025: € 210,803 ▲ 70% vs 2024 (€ 123,822) Favourable step	▲ 70%
Land & buildings	€ 1,144,368 Land & buildings 2022: € 1,144,368 First fiscal year in the series	€ 1,085,702 Land & buildings 2023: € 1,085,702 ▼ 5% vs 2022 (€ 1,144,368) Unchanged	€ 886,277 Land & buildings 2024: € 886,277 ▼ 18% vs 2023 (€ 1,085,702) Unchanged	€ 842,097 Land & buildings 2025: € 842,097 ▼ 5% vs 2024 (€ 886,277) Unchanged	▼ 5%
Retained profit	€ 1,302,196 Retained profit 2022: € 1,302,196 First fiscal year in the series	€ 1,554,207 Retained profit 2023: € 1,554,207 ▲ 19% vs 2022 (€ 1,302,196) Favourable step	€ 1,723,191 Retained profit 2024: € 1,723,191 ▲ 11% vs 2023 (€ 1,554,207) Favourable step	€ 1,952,385 Retained profit 2025: € 1,952,385 ▲ 13% vs 2024 (€ 1,723,191) Favourable step	▲ 13%
Bank debt	€ 1,069,170 Bank debt 2022: € 1,069,170 First fiscal year in the series	€ 1,103,916 Bank debt 2023: € 1,103,916 ▲ 3% vs 2022 (€ 1,069,170) Unfavourable step	€ 937,389 Bank debt 2024: € 937,389 ▼ 15% vs 2023 (€ 1,103,916) Favourable step	€ 1,039,285 Bank debt 2025: € 1,039,285 ▲ 11% vs 2024 (€ 937,389) Unfavourable step	▲ 11%
Balance sheet total	€ 2,927,768 Balance sheet total 2022: € 2,927,768 First fiscal year in the series	€ 3,494,173 Balance sheet total 2023: € 3,494,173 ▲ 19% vs 2022 (€ 2,927,768) Unchanged	€ 3,142,693 Balance sheet total 2024: € 3,142,693 ▼ 10% vs 2023 (€ 3,494,173) Unchanged	€ 3,949,646 Balance sheet total 2025: € 3,949,646 ▲ 26% vs 2024 (€ 3,142,693) Unchanged	▲ 26%
Employees (FTE)	2.2 Employees (FTE) 2022: 2.2 First fiscal year in the series	2.6 Employees (FTE) 2023: 2.6 ▲ 0.4 vs 2022 (2.2) Unchanged	3.6 Employees (FTE) 2024: 3.6 ▲ 1 vs 2023 (2.6) Unchanged	4.1 Employees (FTE) 2025: 4.1 ▲ 0.5 vs 2024 (3.6) Unchanged	▲ 0.5

Key figures of COBEL, 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 COBEL?

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

Feb 28, 2026 New annual accounts for financial year 2025: profit of € 229,195 (▲ 36% vs 2024). filed late Source: NBB ↗
Oct 19, 1994 New establishment in Ath. KBO
Nov 9, 1985 Start of the company according to the CBE. KBO

In short

From € 270,923 profit in 2022 to € 229,195 profit in 2025.

Paid € 230,807 in corporate taxes since 2022.

Best year ever: 2022, with € 270,923 profit.

On average € 283,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Monique Van Bellinghem Bart De Roeck Inge De Roeck Noel De Roeck

COBEL

THUISVERPLEGING DE ROECK INGE

Behind COBEL are Monique Van Bellinghem, Bart De Roeck, Inge De Roeck and Noel De Roeck. Inge De Roeck is also behind THUISVERPLEGING DE ROECK INGE.

Directors

According to the 2025 annual accounts

Monique Van Bellinghem

Managing director

Bart De Roeck

Director

Inge De Roeck

Director

Also active at: THUISVERPLEGING DE ROECK INGE

Noel De Roeck

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Route de Frasnes(Hou) 237

7812 Ath

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

Details

Company number

0428.075.351

VAT number

BE 0428.075.351

Registered office

Route de Frasnes(Hou) 237, 7812 Ath

Names & denominations

COBEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 November 1985

Peppol

Active · Active since 3 Feb 2026

Activities · NACE

Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw

Groothandel in levend vee

Groothandel in levende dieren

Verhuur van machines en installaties voor de bouwnijverheid

View on CBE Public ↗ Annual accounts (NBB) ↗

COBEL

Warning lights

Financials

What happened to COBEL?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions