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 27.3 to 21.8.
Financials
Financial year 2025
COATINQ Mouscron from Mouscron, company number BE0433603361, closed financial year 2025 with a result of € 30,537 after tax. For that financial year COATINQ Mouscron recorded revenue of € 3.4 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 200,183 to € 30,537. The company is profitable. 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 March 10, 2026.
€ 2.1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,537
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▼ 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 € 506,688.
People and assets in 2025
21.8
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 5% vs 2024
€ 56,500 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.
€ 11,352
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 299,939
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.
€ 238,230
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,171,772 | € 3,577,908 | € 3,704,594 | € 3,396,819 | ▼ 8% |
| Profit after taxes | € 25,423 | € 157,425 | € 200,183 | € 30,537 | ▼ 85% |
| Equity | € 1,720,798 | € 1,872,727 | € 2,067,413 | € 2,092,454 | ▲ 1% |
| Total debts | € 885,862 | € 806,535 | € 2,003,505 | € 643,100 | ▼ 68% |
| Cash | € 643,558 | € 241,638 | € 2,556,428 | € 1,194,760 | ▼ 53% |
| Land & buildings | € 555,725 | € 541,750 | € 560,407 | € 544,550 | ▼ 3% |
| Retained profit | € 118,543 | € 275,968 | € 476,151 | € 506,688 | ▲ 6% |
| Bank debt | € 74,930 | € 17,185 | € 0 | € 0 | |
| Balance sheet total | € 2,695,928 | € 2,768,530 | € 4,070,918 | € 2,735,554 | ▼ 33% |
| Employees (FTE) | 26.1 | 27.3 | 23.3 | 21.8 | ▼ 1.5 |
Key figures of COATINQ Mouscron, 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 COATINQ Mouscron?
What happened at COATINQ Mouscron in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,537 (▼ 85% vs 2024). Source: NBB ↗
- Vergokan International SA stepped down as director. NBB
- Vergokan International SA became a director. NBB
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,423 profit in 2022 to € 30,537 profit in 2025.
Paid € 3,327 in corporate taxes since 2022.
Best year ever: 2024, with € 200,183 profit.
Pays suppliers within 55 days on average.
Management
The shares are held by Vergokan NV (95.9%) and Vergokan International nv (4.1%).
Directors
According to the 2025 annual accounts
Représentant permanent personne morale · represented by Gino Declercq
Owns 45.1% via Vergokan NV
Also active at: VERGOKAN, VERGO GALVA
since 2020 · until 2026
Shareholders
Vergokan NV · holding of Vergokan International SA
95.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Royennestraat 94
7700 Mouscron
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.603.361
- VAT number
- BE 0433.603.361
- Registered office
- Royennestraat 94, 7700 Mouscron
- Names & denominations
- COATINQ Mouscron
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 1988
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- vergocoating.be [email protected]
- Activities · NACE
Coating van metalen
Oppervlaktebehandeling en bekleding van metaal
Verspanend bewerken van metalen
Algemene metaalbewerking
Oppervlaktebehandeling van metalen