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 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CO3 from Pajottegem, company number BE0445610476, closed financial year 2025 with a result of € 14,520 after tax. For that financial year CO3 recorded a gross margin of € 37,955 and equity of € 120,617. Compared with financial year 2024, the result moved from € 6,120 to € 14,520. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 120,617
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,520
▲ 137% vs 2024
Profit after tax over the fiscal year.
€ 85,353
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 102,017.
People and assets in 2025
€ 39,177
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 146,351
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,043
▼ 38% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,506 | € 18,801 | € 11,052 | € 37,955 | ▲ 243% |
| Profit after taxes | € -7,754 | € 11,633 | € 6,120 | € 14,520 | ▲ 137% |
| Equity | € 94,286 | € 105,919 | € 112,039 | € 120,617 | ▲ 8% |
| Total debts | € 260,699 | € 267,096 | € 420,038 | € 392,683 | ▼ 7% |
| Cash | € 150,965 | € 138,364 | € 123,139 | € 85,353 | ▼ 31% |
| Land & buildings | € 168,333 | € 161,131 | € 161,131 | € 149,879 | ▼ 7% |
| Retained profit | € 75,686 | € 87,319 | € 93,439 | € 102,017 | ▲ 9% |
| Balance sheet total | € 354,985 | € 373,015 | € 532,077 | € 513,299 | ▼ 4% |
Key figures of CO3, 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 CO3?
What happened at CO3 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,520 (▲ 137% vs 2024). Source: NBB ↗
- New establishment in Pajottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,754 loss in 2022 to € 14,520 profit in 2025.
Paid € 1,112 in corporate taxes since 2022.
Best year ever: 2025, with € 14,520 profit.
Management
Behind CO3 is Peter Jan Vervaene.
Directors
According to the 2025 annual accounts
Peter Jan Vervaene
Director
Establishments
Establishment units
Physical locations of this company
Veldwachterstraat 4
1540 Pajottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.610.476
- VAT number
- BE 0445.610.476
- Registered office
- Veldwachterstraat 4, 1540 Pajottegem
- Names & denominations
- CO3
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 1991
- Peppol
- Active · Active since 29 Aug 2023
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