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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COJEPA from Ninove, company number BE0445422119, closed financial year 2025 with a result of € -121,522 after tax. For that financial year COJEPA recorded a gross margin of € 72,065 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € -98,884 to € -121,522. 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 May 8, 2026.
€ 1.8 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -121,522
▼ 23 % more loss than in 2024
Profit after tax over the fiscal year.
€ 35,527
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 571
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 64,219 | € 67,470 | € 66,290 | € 72,065 | ▲ 9% |
| Profit after taxes | € -8,073 | € -39,654 | € -98,884 | € -121,522 | ▼ € 22,638 |
| Equity | € 2,092,117 | € 2,052,463 | € 1,953,579 | € 1,832,056 | ▼ 6% |
| Total debts | € 1,402,571 | € 1,576,680 | € 1,615,848 | € 2,226,607 | ▲ 38% |
| Cash | € 103,510 | € 749,763 | € 54,583 | € 35,527 | ▼ 35% |
| Land & buildings | € 2,743,718 | € 3,337,527 | € 3,971,137 | € 4,454,257 | ▲ 12% |
| Retained profit | € 1,579,744 | € 1,540,090 | € 1,441,206 | € 1,319,684 | ▼ 8% |
| Balance sheet total | € 3,996,159 | € 4,120,255 | € 4,037,597 | € 4,503,893 | ▲ 12% |
Key figures of COJEPA, 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 COJEPA?
What happened at COJEPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VRinvest BV stepped down as director. NBB
- Depinvest nv stepped down as director. NBB
- Finaid nv stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 121,522. Source: NBB ↗
- VRinvest BV became a director. NBB
- Depinvest nv became a director. NBB
- Finaid nv became a director. NBB
- New establishment in Ninove. KBO
In short
From € 8,073 loss in 2022 to € 121,522 loss in 2025.
Management
The stake of DEPINVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COJEPABehind COJEPA is About Shoes BV. The shares are held by DEPINVEST (66.7%).
Directors
According to the 2025 annual accounts
since 2025 · until 2031
since 2025 · until 2031
Shareholders
66.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Halsesteenweg 350
9403 Ninove
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.422.119
- VAT number
- BE 0445.422.119
- Registered office
- Halsesteenweg 350, 9403 Ninove
- Names & denominations
- COJEPA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 1991
- Peppol
- Active · Active since 6 Mar 2025