Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
COFIDEC from Schaarbeek, company number BE0433937220, closed financial year 2025 with a result of € -335,468 after tax. For that financial year COFIDEC recorded revenue of € 109,829 and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 76,220 to € -335,468. The company made a loss. 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 July 10, 2026.
€ 4.6 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -335,468
▼ still € 76,220 profit in 2024
Profit after tax over the fiscal year.
€ 47,986
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.4 million.
Debts at end 2025
€ 2.2 million
▲ 122% vs 2024
€ 179,219 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 35,783
▲ € 35,531 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 212 days on average.
€ 16,558
▼ 42% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 94,932 | € 102,252 | € 106,380 | € 109,829 | ▲ 3% |
| Profit after taxes | € 80,466 | € 73,056 | € 76,220 | € -335,468 | ▼ € 411,688 |
| Equity | € 4,850,509 | € 4,923,564 | € 4,974,784 | € 4,639,316 | ▼ 7% |
| Total debts | € 1,178,361 | € 1,148,851 | € 1,038,322 | € 2,832,300 | ▲ 173% |
| Cash | € 272,755 | € 69,687 | € 37,197 | € 47,986 | ▲ 29% |
| Land & buildings | € 2,343,693 | € 2,429,802 | € 2,389,855 | € 2,273,789 | ▼ 5% |
| Retained profit | € 2,655,480 | € 2,728,535 | € 2,779,755 | € 2,444,287 | ▼ 12% |
| Dividend | € 0 | € 0 | € 25,000 | € 0 | ▼ 100% |
| Bank debt | € 1,162,272 | € 1,113,167 | € 982,132 | € 2,183,594 | ▲ 122% |
| Balance sheet total | € 6,028,869 | € 6,072,415 | € 6,013,106 | € 7,471,616 | ▲ 24% |
Key figures of COFIDEC, 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 COFIDEC?
What happened at COFIDEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Claudia DE CESCO stepped down as director. NBB
- Alessandro DE CESCO stepped down as director. NBB
- Giacomo MARTELLO stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 335,468 (▼ € 411,688 vs 2024). Source: NBB ↗
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 80,466 profit in 2022 to € 335,468 loss in 2025.
Paid € 79,479 in corporate taxes since 2022.
Best year ever: 2022, with € 80,466 profit.
Paid out € 25,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Nicolo DE CESCO (64.3%), Claudia DE CESCO (17.9%) and Alessandro DE CESCO (17.9%). It owns 100% of PPP DEVELOPMENT, 70.6% of SOCATRA, 50% of SOCIETE DE SERVICES BELGIQUE and 25% of IMMO MAX itself.
Directors
According to the 2025 annual accounts
Claudia DE CESCO
Managing director
Owns 17.9% directly
Also active at: SOCATRA, SOCIETE DE SERVICES BELGIQUE, IMMO MAX, BRUXELLOISE DE RENOVATION - BRUSSELSE RENOVATIE, PPP DEVELOPMENT
· until 2029
Alessandro DE CESCO
Managing director
Also active at: SOCATRA, SOCIETE DE SERVICES BELGIQUE, BRUXELLOISE DE RENOVATION - BRUSSELSE RENOVATIE, COLLINE DE CHEVREMONT, PPP DEVELOPMENT
· until 2029
· until 2029
Shareholders
Nicolo DE CESCO
64.3%
Claudia DE CESCO · director
17.9%
Alessandro DE CESCO
17.9%
Participations
Establishments
Establishment units
Physical locations of this company
Roodebeeklaan 24
1030 Schaarbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →SOCATRA same network
€ 58.2 million revenue · 2025
SOCIETE DE SERVICES BELGIQUE same network
IMMO MAX same network
€ -35,611 gross margin · 2025
BRUXELLOISE DE RENOVATION - BRUSSELSE RENOVATIE same network
SOCIETE MOMENTANEE AMART - SOCATRA - CHANTIER ARVAL
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.937.220
- VAT number
- BE 0433.937.220
- Registered office
- Roodebeeklaan 24, 1030 Schaarbeek
- Names & denominations
- COFIDEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 1988
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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