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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COFITEC from Londerzeel, company number BE0442035631, closed financial year 2025 with a result of € -68,587 after tax. For that financial year COFITEC recorded a gross margin of € -47,843 and equity of € -227,360. Compared with financial year 2024, the result moved from € -42,263 to € -68,587. 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 December 29, 2025.
€ -227,360
▼ € 68,587 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -68,587
▼ 62 % more loss than in 2024
Profit after tax over the fiscal year.
€ 36
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -333,954.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,468
▼ 80% 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.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -26,756 | € -33,516 | € -21,284 | € -47,843 | ▼ € 26,559 |
| Profit after taxes | € -35,998 | € -54,512 | € -42,263 | € -68,587 | ▼ € 26,324 |
| Equity | € -61,997 | € -116,509 | € -158,773 | € -227,360 | ▼ € 68,587 |
| Total debts | € 110,481 | € 194,255 | € 249,481 | € 255,108 | ▲ 2% |
| Cash | € 29,980 | € 7,351 | € 596 | € 36 | ▼ 94% |
| Retained profit | € -168,592 | € -223,104 | € -265,367 | € -333,954 | ▼ € 68,587 |
| Balance sheet total | € 48,484 | € 77,746 | € 90,708 | € 27,748 | ▼ 69% |
Key figures of COFITEC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to COFITEC?
What happened at COFITEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 68,587. Source: NBB ↗
- Ian Gepts became a director. NBB
- New establishment in Wemmel. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,998 loss in 2022 to € 68,587 loss in 2025.
Management
Behind COFITEC is Ian Gepts.
Directors
According to the 2025 annual accounts
Ian Gepts
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Heide 60
1840 Londerzeel
Amelgemweg 3
1780 Wemmel
Active since 30 November 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.035.631
- VAT number
- BE 0442.035.631
- Registered office
- Heide 60, 1840 Londerzeel
- Names & denominations
- COFITEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 1990
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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