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.

Who are the directors of KODDAERT METALEN?

According to the 2025 annual accounts, the directors of KODDAERT METALEN are: Dewadal BV.

Is KODDAERT METALEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 June 1986; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did KODDAERT METALEN make in 2025?

KODDAERT METALEN posted a profit after taxes of € 69,142 in financial year 2025.

What is the revenue of KODDAERT METALEN?

In its most recent annual accounts (2025), KODDAERT METALEN reported revenue of € 10,588,173.

How much does an employee at KODDAERT METALEN earn?

The average wage cost per full-time employee at KODDAERT METALEN was € 66,300 in 2025: staff costs of € 782,495 for 11.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does KODDAERT METALEN have?

According to the 2025 annual accounts, KODDAERT METALEN has 11.8 full-time equivalents (FTE).

Does KODDAERT METALEN have a website?

Yes, KODDAERT METALEN has a website at koddaertmetalen.be.

KODDAERT METALEN (Public Limited) - Torhout

Dossier KODDAERT METALEN, printed on 30 October 2026 from databakkes.be/en/0429253407/koddaert-metalen. 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 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 Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 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 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.

€ 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)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 18,908,241 Revenue 2022: € 18,908,241 First fiscal year in the series	€ 12,486,758 Revenue 2023: € 12,486,758 ▼ 34% vs 2022 (€ 18,908,241) Unfavourable step	€ 11,293,800 Revenue 2024: € 11,293,800 ▼ 10% vs 2023 (€ 12,486,758) Unfavourable step	€ 10,588,173 Revenue 2025: € 10,588,173 ▼ 6% vs 2024 (€ 11,293,800) Unfavourable step	▼ 6%
Profit after taxes	€ 1,808,085 Profit after taxes 2022: € 1,808,085 First fiscal year in the series	€ 1,010,605 Profit after taxes 2023: € 1,010,605 ▼ 44% vs 2022 (€ 1,808,085) Unfavourable step	€ 576,518 Profit after taxes 2024: € 576,518 ▼ 43% vs 2023 (€ 1,010,605) Unfavourable step	€ 69,142 Profit after taxes 2025: € 69,142 ▼ 88% vs 2024 (€ 576,518) Unfavourable step	▼ 88%
Equity	€ 9,412,573 Equity 2022: € 9,412,573 First fiscal year in the series	€ 9,184,428 Equity 2023: € 9,184,428 ▼ 2% vs 2022 (€ 9,412,573) Unfavourable step	€ 7,378,546 Equity 2024: € 7,378,546 ▼ 20% vs 2023 (€ 9,184,428) Unfavourable step	€ 6,932,688 Equity 2025: € 6,932,688 ▼ 6% vs 2024 (€ 7,378,546) Unfavourable step	▼ 6%
Total debts	€ 8,123,591 Total debts 2022: € 8,123,591 First fiscal year in the series	€ 4,673,665 Total debts 2023: € 4,673,665 ▼ 42% vs 2022 (€ 8,123,591) Favourable step	€ 4,090,102 Total debts 2024: € 4,090,102 ▼ 12% vs 2023 (€ 4,673,665) Favourable step	€ 4,553,647 Total debts 2025: € 4,553,647 ▲ 11% vs 2024 (€ 4,090,102) Unfavourable step	▲ 11%
Cash	€ 2,500,943 Cash 2022: € 2,500,943 First fiscal year in the series	€ 41,957 Cash 2023: € 41,957 ▼ 98% vs 2022 (€ 2,500,943) Unfavourable step	€ 41,174 Cash 2024: € 41,174 ▼ 2% vs 2023 (€ 41,957) Unfavourable step	€ 32,568 Cash 2025: € 32,568 ▼ 21% vs 2024 (€ 41,174) Unfavourable step	▼ 21%
Land & buildings	€ 1,832,400 Land & buildings 2022: € 1,832,400 First fiscal year in the series	€ 1,832,400 Land & buildings 2023: € 1,832,400 Unchanged (€ 1,832,400) Unchanged	€ 0 Land & buildings 2024: € 0 ▼ 100% vs 2023 (€ 1,832,400) Unchanged	-
Retained profit	€ 9,350,573 Retained profit 2022: € 9,350,573 First fiscal year in the series	€ 9,122,428 Retained profit 2023: € 9,122,428 ▼ 2% vs 2022 (€ 9,350,573) Unfavourable step	€ 7,317,046 Retained profit 2024: € 7,317,046 ▼ 20% vs 2023 (€ 9,122,428) Unfavourable step	€ 6,871,188 Retained profit 2025: € 6,871,188 ▼ 6% vs 2024 (€ 7,317,046) Unfavourable step	▼ 6%
Dividend	€ 4,100,000 Dividend 2022: € 4,100,000 First fiscal year in the series	€ 1,238,750 Dividend 2023: € 1,238,750 ▼ 70% vs 2022 (€ 4,100,000) Unchanged	€ 550,000 Dividend 2024: € 550,000 ▼ 56% vs 2023 (€ 1,238,750) Unchanged	€ 515,000 Dividend 2025: € 515,000 ▼ 6% vs 2024 (€ 550,000) Unchanged	▼ 6%
Bank debt	€ 2,362,945 Bank debt 2022: € 2,362,945 First fiscal year in the series	€ 2,493,114 Bank debt 2023: € 2,493,114 ▲ 6% vs 2022 (€ 2,362,945) Unfavourable step	€ 2,649,691 Bank debt 2024: € 2,649,691 ▲ 6% vs 2023 (€ 2,493,114) Unfavourable step	€ 2,902,730 Bank debt 2025: € 2,902,730 ▲ 10% vs 2024 (€ 2,649,691) Unfavourable step	▲ 10%
Balance sheet total	€ 17,586,164 Balance sheet total 2022: € 17,586,164 First fiscal year in the series	€ 13,858,093 Balance sheet total 2023: € 13,858,093 ▼ 21% vs 2022 (€ 17,586,164) Unchanged	€ 11,468,648 Balance sheet total 2024: € 11,468,648 ▼ 17% vs 2023 (€ 13,858,093) Unchanged	€ 11,486,335 Balance sheet total 2025: € 11,486,335 Unchanged (€ 11,468,648) Unchanged
Employees (FTE)	7 Employees (FTE) 2022: 7 First fiscal year in the series	10.5 Employees (FTE) 2023: 10.5 ▲ 3.5 vs 2022 (7) Unchanged	10.2 Employees (FTE) 2024: 10.2 ▼ 0.3 vs 2023 (10.5) Unchanged	11.8 Employees (FTE) 2025: 11.8 ▲ 1.6 vs 2024 (10.2) Unchanged	▲ 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:

Mar 23, 2026 New annual accounts for financial year 2025: profit of € 69,142 (▼ 88% vs 2024). Source: NBB ↗
2022 Dewadal BV became a director. NBB
Sep 15, 1986 New establishment in Torhout. KBO
Jun 27, 1986 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.

Original PDFs at the National Bank ↗

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

HTTPS koddaertmetalen.be

Technologies

Google FontsGoogle MapsNginxPHP

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Indexable pages 1

Languages NL

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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

Contact

koddaertmetalen.be

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

View on CBE Public ↗ Annual accounts (NBB) ↗

KODDAERT METALEN

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Financials

What happened to KODDAERT METALEN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions