Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 559.5 to 499.
-
Busy address KBO
52 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
COLAS BELGIUM from Brussel, company number BE0434888612, closed financial year 2025 with a result of € -20.6 million after tax. For that financial year COLAS BELGIUM recorded revenue of € 139.2 million and equity of € 30.6 million. Compared with financial year 2024, the result moved from € -49.9 million to € -20.6 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 7, 2026.
€ 30.6 million
▲ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20.6 million
▲ 59 % less loss than in 2024
Profit after tax over the fiscal year.
€ 202,607
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7.6 million.
People and assets in 2025
499
▼ 30.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 36.7 million
▼ 1% vs 2024
€ 73,600 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.
€ 226,880
▼ 54% vs 2024
Of which on lease € 150,891.
Debts at end 2025
€ 11.2 million
▲ 31% vs 2024
Loans from banks and other lenders, long and short.
€ 41.2 million
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 121 days on average.
€ 5.5 million
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 149,431,635 | € 198,841,733 | € 138,818,753 | € 139,158,062 | |
| Profit after taxes | € -19,024,649 | € -28,813,612 | € -49,894,197 | € -20,595,280 | ▲ € 29.3 million |
| Equity | € 64,902,503 | € 36,079,048 | € 21,175,008 | € 30,570,767 | ▲ 44% |
| Total debts | € 97,094,969 | € 143,416,532 | € 63,419,359 | € 62,633,205 | ▼ 1% |
| Cash | € 1,664,714 | € 7,772,488 | € 1,091,134 | € 202,607 | ▼ 81% |
| Land & buildings | € 5,200,325 | € 4,933,951 | € 4,663,418 | € 4,399,579 | ▼ 6% |
| Retained profit | € 1,648,549 | € -2,154,588 | € -17,048,758 | € -7,644,038 | ▲ € 9.4 million |
| Bank debt | € 40,431,638 | € 58,973,374 | € 8,555,335 | € 11,210,498 | ▲ 31% |
| Balance sheet total | € 193,830,846 | € 197,170,867 | € 103,526,372 | € 119,843,968 | ▲ 16% |
| Employees (FTE) | 509.8 | 559.5 | 529.3 | 499 | ▼ 30.3 |
Key figures of COLAS BELGIUM, 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 COLAS BELGIUM?
What happened at COLAS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Oliver Kleebach stepped down as director. NBB
- Axel Blaes stepped down as director. NBB
- Aurélien Courson stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 20.6 million. Source: NBB ↗
- Oliver Kleebach became a director. NBB
- Axel Blaes became a director. NBB
- Aurélien Courson became a director. NBB
- New establishment in Seneffe. KBO
In short
From € 19 million loss in 2022 to € 20.6 million loss in 2025.
Paid € 239,172 in corporate taxes since 2022.
Pays suppliers within 121 days on average.
A new publication or filing at COLAS BELGIUM? We notify you, reason included.
Follow COLAS BELGIUMDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
It owns 100% of COLAS NOORD NV, 100% of BELLE ROCHE SABLAR, 99.8% of COLAS TRANSPORT, 70% of SCREDEMA, 50% of ASCOVIL and 50% of ASFALT PRODUCTIE LIMBURG itself.
Directors
According to the 2025 annual accounts
Oliver Kleebach
Director
since 2024 · until 2030
Axel Blaes
Managing director
since 2021 · until 2030
Aurélien Courson
Director
since 2021 · until 2030
Establishments
Establishment units
Physical locations of this company
Antoon van Osslaan 1 box 28A
1120 Brussel
Rue du Val Saint-Lambert 220
4100 Seraing
Active since 25 June 2004
Grand'Route(G-R) 260A
7530 Tournai
Active since 25 June 2004
Dellestraat 25
3550 Heusden-Zolder
Active since 2 October 1998
Grand'Route 71
4367 Crisnée
Active since 22 June 2005
Rue Zénobe Gramme SN
7181 Seneffe
Active since 27 May 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 52 companies are registered at this address.
All companies at this address →Miroiterie du Nord - Fabrique de Miroirs
€ 624,727 gross margin · 2024
Scania Belgium
€ 286 million revenue · 2025
Institut Belge de la Soudure - Belgisch Instituut voor Lastechniek
€ 552,151 gross margin · 2025
TRATON Financial Services Belgium
€ 16.1 million revenue · 2025
CENTRE DE PERFECTIONNEMENT DE SOUDEURS
€ 1.7 million gross margin · 2025
+47 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
- 0434.888.612
- VAT number
- BE 0434.888.612
- Registered office
- Antoon van Osslaan 1 bus 28A, 1120 Brussel
- Names & denominations
- COLAS BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 1988
- Peppol
- Active · Active since 1 Oct 2025
- Activities · NACE
Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten
Bouw van autowegen en andere wegen
Algemene bouw van residentiële gebouwen
Algemene bouw van andere niet-residentiële gebouwen
Optrekken van gebouwen voor industrieel of commercieel gebruik, voor landbouwdoeleinden, enz.
Bouwen van individuele huizen