V COAT is a metalworking company in Heusden-Zolder. Public Limited, started on 7 July 1989, 1 establishment.

What is the address of V COAT?

The registered office of V COAT is located at Westlaan 268, 3550 Heusden-Zolder.

Is V COAT still active?

Yes. According to the CBE (29 October 2026) V COAT is active, legal situation “Normale toestand”, started on 7 July 1989.

Is V COAT registered on Peppol?

Yes, V COAT is registered on the Peppol network with ID 0208:0437822762.

What is the enterprise number of V COAT?

The enterprise number of V COAT is BE0437822762.

When was V COAT founded?

V COAT was founded on 7 July 1989.

Who are the directors of V COAT?

According to the 2025 annual accounts, the directors of V COAT are: Het Veer NV, Maria De Baets, Johan Peters, Rik Vandoorne.

Is V COAT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 July 1989; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did V COAT make in 2025?

V COAT recorded a loss after taxes of € 1,067,613 in financial year 2025.

What is the revenue of V COAT?

In its most recent annual accounts (2025), V COAT reported revenue of € 4,249,197.

How much does an employee at V COAT earn?

The average wage cost per full-time employee at V COAT was € 47,500 in 2025: staff costs of € 2 million for 41.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does V COAT have?

According to the 2025 annual accounts, V COAT has 41.1 full-time equivalents (FTE).

V COAT (Public Limited) - Heusden-Zolder - BE0437822762

Dossier V COAT, printed on 29 October 2026 from databakkes.be/en/0437822762/v-coat. 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.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

V COAT from Heusden-Zolder, company number BE0437822762, closed financial year 2025 with a result of € -1.1 million after tax. For that financial year V COAT recorded revenue of € 4.2 million and equity of € -491,476. Compared with financial year 2024, the result moved from € -725,300 to € -1.1 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.

What it is worth Caution

€ -491,476

▼ € 1.1 million vs 2024

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

Loss Caution

€ -1.1 million

▼ 47 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 426

▲ 67% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -743,726.

People and assets in 2025

Full-time equivalents

41.1

▼ 1.9 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: € 1.5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2 million

▼ 15% vs 2024

€ 47,500 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.

Vehicles and equipment

€ 5,706

▼ 71% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 6.5 million

▼ 7% vs 2024

€ 866,670 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 243,205

▼ 65% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.

Taxes and wages

€ 353,300

▲ 1% 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	€ 4,804,868 Revenue 2022: € 4,804,868 First fiscal year in the series	€ 4,129,919 Revenue 2023: € 4,129,919 ▼ 14% vs 2022 (€ 4,804,868) Unfavourable step	€ 4,185,302 Revenue 2024: € 4,185,302 ▲ 1% vs 2023 (€ 4,129,919) Favourable step	€ 4,249,197 Revenue 2025: € 4,249,197 ▲ 2% vs 2024 (€ 4,185,302) Favourable step	▲ 2%
Profit after taxes	€ 235,450 Profit after taxes 2022: € 235,450 First fiscal year in the series	€ -421,161 Profit after taxes 2023: € -421,161 ▼ € 656,610 vs 2022 (€ 235,450) Unfavourable step	€ -725,300 Profit after taxes 2024: € -725,300 ▼ € 304,139 vs 2023 (€ -421,161) Unfavourable step	€ -1,067,613 Profit after taxes 2025: € -1,067,613 ▼ € 342,313 vs 2024 (€ -725,300) Unfavourable step	▼ € 342,313
Equity	€ 1,615,348 Equity 2022: € 1,615,348 First fiscal year in the series	€ 1,194,187 Equity 2023: € 1,194,187 ▼ 26% vs 2022 (€ 1,615,348) Unfavourable step	€ 576,137 Equity 2024: € 576,137 ▼ 52% vs 2023 (€ 1,194,187) Unfavourable step	€ -491,476 Equity 2025: € -491,476 ▼ € 1.1 million vs 2024 (€ 576,137) Unfavourable step	▼ € 1.1 million
Total debts	€ 1,683,629 Total debts 2022: € 1,683,629 First fiscal year in the series	€ 6,604,397 Total debts 2023: € 6,604,397 ▲ 292% vs 2022 (€ 1,683,629) Unfavourable step	€ 9,195,708 Total debts 2024: € 9,195,708 ▲ 39% vs 2023 (€ 6,604,397) Unfavourable step	€ 8,822,242 Total debts 2025: € 8,822,242 ▼ 4% vs 2024 (€ 9,195,708) Favourable step	▼ 4%
Cash	€ 536,603 Cash 2022: € 536,603 First fiscal year in the series	€ 169,320 Cash 2023: € 169,320 ▼ 68% vs 2022 (€ 536,603) Unfavourable step	€ 255 Cash 2024: € 255 ▼ € 169,064 vs 2023 (€ 169,320) Unfavourable step	€ 426 Cash 2025: € 426 ▲ 67% vs 2024 (€ 255) Favourable step	▲ 67%
Land & buildings	-	€ 4,839,316 Land & buildings 2023: € 4,839,316 First fiscal year in the series	€ 5,011,734 Land & buildings 2024: € 5,011,734 ▲ 4% vs 2023 (€ 4,839,316) Unchanged	€ 4,781,859 Land & buildings 2025: € 4,781,859 ▼ 5% vs 2024 (€ 5,011,734) Unchanged	▼ 5%
Retained profit	€ 1,470,348 Retained profit 2022: € 1,470,348 First fiscal year in the series	€ 1,049,187 Retained profit 2023: € 1,049,187 ▼ 29% vs 2022 (€ 1,470,348) Unfavourable step	€ 323,887 Retained profit 2024: € 323,887 ▼ 69% vs 2023 (€ 1,049,187) Unfavourable step	€ -743,726 Retained profit 2025: € -743,726 ▼ € 1.1 million vs 2024 (€ 323,887) Unfavourable step	▼ € 1.1 million
Dividend	€ 150,000 Dividend 2022: € 150,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 150,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 845,552 Bank debt 2022: € 845,552 First fiscal year in the series	€ 5,584,116 Bank debt 2023: € 5,584,116 ▲ € 4.7 million vs 2022 (€ 845,552) Unfavourable step	€ 7,011,194 Bank debt 2024: € 7,011,194 ▲ 26% vs 2023 (€ 5,584,116) Unfavourable step	€ 6,513,350 Bank debt 2025: € 6,513,350 ▼ 7% vs 2024 (€ 7,011,194) Favourable step	▼ 7%
Balance sheet total	€ 3,298,977 Balance sheet total 2022: € 3,298,977 First fiscal year in the series	€ 7,798,584 Balance sheet total 2023: € 7,798,584 ▲ 136% vs 2022 (€ 3,298,977) Unchanged	€ 9,771,846 Balance sheet total 2024: € 9,771,846 ▲ 25% vs 2023 (€ 7,798,584) Unchanged	€ 8,330,766 Balance sheet total 2025: € 8,330,766 ▼ 15% vs 2024 (€ 9,771,846) Unchanged	▼ 15%
Employees (FTE)	40.5 Employees (FTE) 2022: 40.5 First fiscal year in the series	43.2 Employees (FTE) 2023: 43.2 ▲ 2.7 vs 2022 (40.5) Unchanged	43 Employees (FTE) 2024: 43 ▼ 0.2 vs 2023 (43.2) Unchanged	41.1 Employees (FTE) 2025: 41.1 ▼ 1.9 vs 2024 (43) Unchanged	▼ 1.9

Key figures of V COAT, 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 V COAT?

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

2030 Johan Peters stepped down as director. NBB
2029 Het Veer NV stepped down as director. NBB
2029 Rik Vandoorne stepped down as director. NBB
Aug 27, 2026 New annual accounts for financial year 2025: loss of € 1.1 million. filed late Source: NBB ↗
2026 Johan Peters became a director. NBB
2025 Maria De Baets stepped down as director. NBB
Jul 19, 1989 New establishment in Heusden-Zolder. KBO
Jul 7, 1989 Start of the company according to the CBE. KBO

In short

From € 235,450 profit in 2022 to € 1.1 million loss in 2025.

Paid € 93,046 in corporate taxes since 2022.

Best year ever: 2022, with € 235,450 profit.

Paid out € 150,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

HET VEER 100%

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

V COAT

The shares are held by HET VEER (100%).

Directors

According to the 2025 annual accounts

Het Veer NV

Director · represented by Sophie Vandoorne

Also active at: VAN OS - DURACOAT, ROBBY, DEBA, LAKKERIJ VANDEREYT, COTRABEL, CDC-Cabines de Ciney, FEMACO, sgc +3 more

· until 2029

Maria De Baets

Director

Also active at: CDC-Cabines de Ciney

· until 2025

Johan Peters

Director

Also active at: HET VEER

since 2026 · until 2030

Rik Vandoorne

Managing director

Also active at: VAN OS - DURACOAT, ROBBY, DEBA, HET VEER, COTRABEL, CDC-Cabines de Ciney, HET VEER BLUE OCEAN, FEMACO +4 more

· until 2029

Shareholders

HET VEER

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Westlaan 268

3550 Heusden-Zolder

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

LAKKERIJ VANDEREYT same network

€ 59,494 revenue · 2025

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

Details

Company number

0437.822.762

VAT number

BE 0437.822.762

Registered office

Westlaan 268, 3550 Heusden-Zolder

Names & denominations

V COAT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

7 July 1989

Peppol

Active · Active since 22 Sept 2025

Activities · NACE

Coating van metalen

Oppervlaktebehandeling en bekleding van metaal

Oppervlaktebehandeling van metalen

View on CBE Public ↗ Annual accounts (NBB) ↗

V COAT

Warning lights

Financials

What happened to V COAT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions