What is the address of COATEX?

The registered office of COATEX is located at Sappenleenstraat 3-4, 8970 Poperinge.

Is COATEX still active?

Yes. According to the CBE (29 October 2026) COATEX is active, legal situation “Normale toestand”, started on 29 April 1988.

Is COATEX registered on Peppol?

Yes, COATEX is registered on the Peppol network with ID 0208:0434140425.

What is the enterprise number of COATEX?

The enterprise number of COATEX is BE0434140425.

When was COATEX founded?

COATEX was founded on 29 April 1988.

Who are the directors of COATEX?

According to the 2025 annual accounts, the directors of COATEX are: Pascale SIOEN, Kurt Vauterin, Danielle SIOEN, Michèle SIOEN.

Is COATEX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 April 1988; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did COATEX make in 2025?

COATEX posted a profit after taxes of € 153,885 in financial year 2025.

What is the revenue of COATEX?

In its most recent annual accounts (2025), COATEX reported revenue of € 15,244,786.

How much does an employee at COATEX earn?

The average wage cost per full-time employee at COATEX was € 55,700 in 2025: staff costs of € 3 million for 54.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does COATEX have?

According to the 2025 annual accounts, COATEX has 54.6 full-time equivalents (FTE).

Does COATEX have a website?

Yes, COATEX has a website at coatex.be.

COATEX (Public Limited) - Poperinge - BE0434140425

Q: What does COATEX do?

COATEX is registered with the CBE as active in: Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding. Public Limited, started on 29 April 1988, 1 establishment.

Dossier COATEX, printed on 29 October 2026 from databakkes.be/en/0434140425/coatex. 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 47 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

COATEX from Poperinge, company number BE0434140425, closed financial year 2025 with a result of € 153,885 after tax. For that financial year COATEX recorded revenue of € 15.2 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -223,746 to € 153,885. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.

What it is worth Growing

€ 1.7 million

▲ 10% vs 2024

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

Profit Growing

€ 153,885

▲ still € 223,746 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 187,409

▲ 49% 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 € 855,545.

People and assets in 2025

Full-time equivalents

54.6

▲ 2.3 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: € 2.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3 million

▲ 12% vs 2024

€ 55,700 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

€ 41,292

▼ 76% vs 2024

Of which on lease € 37,125.

Debts at end 2025

Bank debt

€ 4.7 million

▼ 5% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 973,234

▼ 30% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.

Taxes and wages

€ 413,330

▼ 14% 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	€ 16,894,912 Revenue 2022: € 16,894,912 First fiscal year in the series	€ 14,885,997 Revenue 2023: € 14,885,997 ▼ 12% vs 2022 (€ 16,894,912) Unfavourable step	€ 13,470,466 Revenue 2024: € 13,470,466 ▼ 10% vs 2023 (€ 14,885,997) Unfavourable step	€ 15,244,786 Revenue 2025: € 15,244,786 ▲ 13% vs 2024 (€ 13,470,466) Favourable step	▲ 13%
Profit after taxes	€ 1,080,064 Profit after taxes 2022: € 1,080,064 First fiscal year in the series	€ 100,688 Profit after taxes 2023: € 100,688 ▼ 91% vs 2022 (€ 1,080,064) Unfavourable step	€ -223,746 Profit after taxes 2024: € -223,746 ▼ € 324,434 vs 2023 (€ 100,688) Unfavourable step	€ 153,885 Profit after taxes 2025: € 153,885 ▲ € 377,631 vs 2024 (€ -223,746) Favourable step	▲ € 377,631
Equity	€ 1,700,364 Equity 2022: € 1,700,364 First fiscal year in the series	€ 1,801,053 Equity 2023: € 1,801,053 ▲ 6% vs 2022 (€ 1,700,364) Favourable step	€ 1,577,307 Equity 2024: € 1,577,307 ▼ 12% vs 2023 (€ 1,801,053) Unfavourable step	€ 1,731,192 Equity 2025: € 1,731,192 ▲ 10% vs 2024 (€ 1,577,307) Favourable step	▲ 10%
Total debts	€ 6,385,927 Total debts 2022: € 6,385,927 First fiscal year in the series	€ 7,185,161 Total debts 2023: € 7,185,161 ▲ 13% vs 2022 (€ 6,385,927) Unfavourable step	€ 8,158,685 Total debts 2024: € 8,158,685 ▲ 14% vs 2023 (€ 7,185,161) Unfavourable step	€ 8,285,037 Total debts 2025: € 8,285,037 ▲ 2% vs 2024 (€ 8,158,685) Unfavourable step	▲ 2%
Cash	€ 217,145 Cash 2022: € 217,145 First fiscal year in the series	€ 230,695 Cash 2023: € 230,695 ▲ 6% vs 2022 (€ 217,145) Favourable step	€ 125,871 Cash 2024: € 125,871 ▼ 45% vs 2023 (€ 230,695) Unfavourable step	€ 187,409 Cash 2025: € 187,409 ▲ 49% vs 2024 (€ 125,871) Favourable step	▲ 49%
Land & buildings	€ 1,162,689 Land & buildings 2022: € 1,162,689 First fiscal year in the series	€ 3,077,753 Land & buildings 2023: € 3,077,753 ▲ 165% vs 2022 (€ 1,162,689) Unchanged	€ 3,075,640 Land & buildings 2024: € 3,075,640 Unchanged (€ 3,077,753) Unchanged	€ 2,961,790 Land & buildings 2025: € 2,961,790 ▼ 4% vs 2024 (€ 3,075,640) Unchanged	▼ 4%
Retained profit	€ 824,717 Retained profit 2022: € 824,717 First fiscal year in the series	€ 925,406 Retained profit 2023: € 925,406 ▲ 12% vs 2022 (€ 824,717) Favourable step	€ 701,660 Retained profit 2024: € 701,660 ▼ 24% vs 2023 (€ 925,406) Unfavourable step	€ 855,545 Retained profit 2025: € 855,545 ▲ 22% vs 2024 (€ 701,660) Favourable step	▲ 22%
Dividend	€ 1,000,000 Dividend 2022: € 1,000,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 1,000,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 2,779,767 Bank debt 2022: € 2,779,767 First fiscal year in the series	€ 4,466,200 Bank debt 2023: € 4,466,200 ▲ 61% vs 2022 (€ 2,779,767) Unfavourable step	€ 4,892,175 Bank debt 2024: € 4,892,175 ▲ 10% vs 2023 (€ 4,466,200) Unfavourable step	€ 4,663,624 Bank debt 2025: € 4,663,624 ▼ 5% vs 2024 (€ 4,892,175) Favourable step	▼ 5%
Balance sheet total	€ 8,095,876 Balance sheet total 2022: € 8,095,876 First fiscal year in the series	€ 9,138,145 Balance sheet total 2023: € 9,138,145 ▲ 13% vs 2022 (€ 8,095,876) Unchanged	€ 9,887,932 Balance sheet total 2024: € 9,887,932 ▲ 8% vs 2023 (€ 9,138,145) Unchanged	€ 10,068,181 Balance sheet total 2025: € 10,068,181 ▲ 2% vs 2024 (€ 9,887,932) Unchanged	▲ 2%
Employees (FTE)	50.2 Employees (FTE) 2022: 50.2 First fiscal year in the series	51 Employees (FTE) 2023: 51 ▲ 0.8 vs 2022 (50.2) Unchanged	52.3 Employees (FTE) 2024: 52.3 ▲ 1.3 vs 2023 (51) Unchanged	54.6 Employees (FTE) 2025: 54.6 ▲ 2.3 vs 2024 (52.3) Unchanged	▲ 2.3

Key figures of COATEX, 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 COATEX?

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

2030 Pascale SIOEN stepped down as director. NBB
2030 Kurt Vauterin stepped down as director. NBB
2030 Danielle SIOEN stepped down as director. NBB
2030 Michèle SIOEN stepped down as director. NBB
May 29, 2026 New annual accounts for financial year 2025: profit of € 153,885. Source: NBB ↗
2025 Kurt Vauterin became a director. NBB
2024 Pascale SIOEN became a director. NBB
2024 Danielle SIOEN became a director. NBB

In short

From € 1.1 million profit in 2022 to € 153,885 profit in 2025.

Paid € 457,673 in corporate taxes since 2022.

Best year ever: 2022, with € 1.1 million profit.

Paid out € 1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Sioen Industries NV 100%

SIOEN FABRICS 0%

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

COATEX

SIOEN FABRICS 0%

The shares are held by Sioen Industries NV (100%) and SIOEN FABRICS (0%). It owns 0% of SIOEN FABRICS itself.

Directors

According to the 2025 annual accounts

Pascale SIOEN

Director

Also active at: EUROPEAN MASTER BATCH, Roularta Media Group, SIOEN INDUSTRIES, P. COMPANY, SIHOLD, SIOEN FABRICS, SICORP, SIOEN TECHNICAL FELTS +4 more

since 2024 · until 2030

Kurt Vauterin

Director

since 2025 · until 2030

Danielle SIOEN

Director

Also active at: EUROPEAN MASTER BATCH, D. LANCE, SIOEN FABRICS, SICORP, SIOEN TECHNICAL FELTS, ALCAMI

since 2024 · until 2030

Michèle SIOEN

Managing director

Also active at: "IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE " OU " IMMOBILIEN VENNOOTSCHAP VAN BELGIE", Industrie - Négoce - Confort - Hygiène, AVIETA, SIOEN INDUSTRIES, M.J.S. CONSULTING, SIHOLD, SIOEN FABRICS, SICORP +8 more

since 2024 · until 2030

Shareholders

Sioen Industries NV

100%

SIOEN FABRICS

Participations

SIOEN FABRICS

Establishments

Establishment units

Physical locations of this company

Registered office

Sappenleenstraat 3-4

8970 Poperinge

2.102.692.754

Sappenleenstraat 3 4

8970 Poperinge

Active since 25 May 1988

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

Website

HTTPS coatex.be

Technologies

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Website info

HTTPS Ja

Features

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Details

Company number

0434.140.425

VAT number

BE 0434.140.425

Registered office

Sappenleenstraat 3-4, 8970 Poperinge

Names & denominations

COATEX

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 April 1988

Peppol

Active · Active since 31 Dec 2025

Contact

coatex.be

Activities · NACE

Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding

Confectie van overige textielartikelen

Vervaardiging van ander technisch en industrieel textiel

View on CBE Public ↗ Annual accounts (NBB) ↗

COATEX

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Financials

What happened to COATEX?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Website info

Features

Details

Frequently asked questions