Active · per the CBE, 30 October 2026
KODDAERT METALEN logo

KODDAERT METALEN

BE0429253407

Rechtspersoon Public limited company 1 establishment

KODDAERT METALEN is a wholesaler in Torhout. Public Limited, started on 27 June 1986, 1 establishment.

Ringaertstraat 18, 8820 Torhout koddaertmetalen.be

Behind the company: Dewadal BV.

Active for

40 year, 4 months

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 57 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

KODDAERT METALEN from Torhout, company number BE0429253407, closed financial year 2025 with a result of € 69,142 after tax. For that financial year KODDAERT METALEN recorded revenue of € 10.6 million and equity of € 6.9 million. Compared with financial year 2024, the result moved from € 576,518 to € 69,142. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 23, 2026.

What it is worth Healthy

€ 6.9 million

▼ 6% vs 2024

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

Profit Healthy

€ 69,142

▼ 88% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 32,568

▼ 21% vs 2024

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

Where the profit goes Pays out

€ 515,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

11.8

▲ 1.6 vs 2024

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

Wage cost

€ 782,495

▲ 17% vs 2024

€ 66,300 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

€ 896,083

▲ € 775,260 vs 2024

Of which on lease € 885,795.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 2.9 million

▲ 10% vs 2024

€ 342,141 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 975,759

▲ 52% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.

Taxes and wages

€ 160,158

▼ 36% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 18,908,241 € 12,486,758 € 11,293,800 € 10,588,173 ▼ 6%
Profit after taxes € 1,808,085 € 1,010,605 € 576,518 € 69,142 ▼ 88%
Equity € 9,412,573 € 9,184,428 € 7,378,546 € 6,932,688 ▼ 6%
Total debts € 8,123,591 € 4,673,665 € 4,090,102 € 4,553,647 ▲ 11%
Cash € 2,500,943 € 41,957 € 41,174 € 32,568 ▼ 21%
Land & buildings € 1,832,400 € 1,832,400 € 0 -
Retained profit € 9,350,573 € 9,122,428 € 7,317,046 € 6,871,188 ▼ 6%
Dividend € 4,100,000 € 1,238,750 € 550,000 € 515,000 ▼ 6%
Bank debt € 2,362,945 € 2,493,114 € 2,649,691 € 2,902,730 ▲ 10%
Balance sheet total € 17,586,164 € 13,858,093 € 11,468,648 € 11,486,335
Employees (FTE) 7 10.5 10.2 11.8 ▲ 1.6

Key figures of KODDAERT METALEN, 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 KODDAERT METALEN?

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

  • New annual accounts for financial year 2025: profit of € 69,142 (▼ 88% vs 2024). Source: NBB ↗
  • Dewadal BV became a director. NBB
  • New establishment in Torhout. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1.8 million profit in 2022 to € 69,142 profit in 2025.

Paid € 617,036 in corporate taxes since 2022.

Best year ever: 2022, with € 1.8 million profit.

Paid out € 6.4 million in dividends to the owners in total.

Management

DEWADAL 100%

The stake of DEWADAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

KODDAERT METALEN

Behind KODDAERT METALEN is Dewadal BV. The shares are held by DEWADAL (100%).

Directors

According to the 2025 annual accounts

Dewadal BV

Director · represented by Compernol Wendy

since 2022

Shareholders

DEWADAL

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Ringaertstraat 18

8820 Torhout

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

Website

Technologies

Google FontsGoogle MapsNginxPHP

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja
Indexable pages 1
Languages NL

Features

Security

✓ HTTPS
✓ SPF
✗ DMARC

Network

✓ IPv6

Details

Company number
0429.253.407
VAT number
BE 0429.253.407
Registered office
Ringaertstraat 18, 8820 Torhout
Names & denominations
KODDAERT METALEN
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
27 June 1986
Peppol
Active · Active since 21 Oct 2026
Activities · NACE

Groothandel in metalen en metaalertsen

Algemene metaalbewerking

Groothandel in ijzerwaren

Groothandel in machines voor mijnbouw, de bouwnijverheid en de weg- en waterbouw

Verspanend bewerken van metalen

Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw

Frequently asked questions

What does KODDAERT METALEN do?
KODDAERT METALEN is a wholesaler in Torhout. Public Limited, started on 27 June 1986, 1 establishment.
What is the address of KODDAERT METALEN?
The registered office of KODDAERT METALEN is located at Ringaertstraat 18, 8820 Torhout.
Is KODDAERT METALEN still active?
Yes. According to the CBE (30 October 2026) KODDAERT METALEN is active, legal situation “Normale toestand”, started on 27 June 1986.
Is KODDAERT METALEN registered on Peppol?
Yes, KODDAERT METALEN is registered on the Peppol network with ID 0208:0429253407.
What is the enterprise number of KODDAERT METALEN?
The enterprise number of KODDAERT METALEN is BE0429253407.
When was KODDAERT METALEN founded?
KODDAERT METALEN was founded on 27 June 1986.