Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COTAC BELGIUM from Antwerpen, company number BE0437248185, closed financial year 2025 with a result of € -147,435 after tax. For that financial year COTAC BELGIUM recorded revenue of € 15.4 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 475,208 to € -147,435. 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 8, 2026.
€ 2.7 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -147,435
▼ still € 475,208 profit in 2024
Profit after tax over the fiscal year.
€ 34,006
▲ € 32,866 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 302,431.
People and assets in 2025
83.8
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.9 million
▲ 5% vs 2024
€ 70,000 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.
€ 38,498
▼ 22% 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.
€ 1.3 million
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 939,085
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,896,954 | € 14,193,811 | € 16,540,233 | € 15,376,222 | ▼ 7% |
| Profit after taxes | € 28,814 | € -10,913 | € 475,208 | € -147,435 | ▼ € 622,643 |
| Equity | € 2,409,043 | € 2,398,130 | € 2,873,338 | € 2,725,903 | ▼ 5% |
| Total debts | € 2,676,237 | € 3,262,227 | € 2,806,910 | € 2,961,939 | ▲ 6% |
| Cash | € 181,850 | € 2,257 | € 1,140 | € 34,006 | ▲ € 32,866 |
| Land & buildings | € 1,095,437 | € 1,072,891 | € 1,174,793 | € 1,234,372 | ▲ 5% |
| Retained profit | € -14,429 | € -25,342 | € 449,866 | € 302,431 | ▼ 33% |
| Bank debt | € 0 | € 269,988 | € 265,841 | € 0 | ▼ 100% |
| Balance sheet total | € 5,085,280 | € 5,660,357 | € 5,850,248 | € 5,687,842 | ▼ 3% |
| Employees (FTE) | 83 | 88.4 | 84.8 | 83.8 | ▼ 1 |
Key figures of COTAC 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 COTAC BELGIUM?
What happened at COTAC BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Harry Pepels stepped down as director. NBB
- Elke van der Straate stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 147,435 (▼ € 622,643 vs 2024). Source: NBB ↗
- Harry Pepels became a director. NBB
- Elke van der Straate became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,814 profit in 2022 to € 147,435 loss in 2025.
Paid € 316,905 in corporate taxes since 2022.
Best year ever: 2024, with € 475,208 profit.
Pays suppliers within 51 days on average.
Management
The shares are held by HOYER België NV (100%) and HOYER GmbH Internationale Fachspedition (0%).
Directors
According to the 2025 annual accounts
Harry Pepels
Director
since 2023 · until 2029
Elke van der Straate
Director
since 2023 · until 2029
Shareholders
100%
HOYER GmbH Internationale Fachspedition
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Transcontinentaalweg 10
2030 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.248.185
- VAT number
- BE 0437.248.185
- Registered office
- Transcontinentaalweg 10, 2030 Antwerpen
- Names & denominations
- COTAC BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 1989
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
Onderhoud en reparatie van auto's
Carrosserieherstelling
Carrosserieherstelling (inclusief spuiten en verven)