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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Shrinking team NBB
FTE fell two years in a row, from 15.2 to 0.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
SUPCOWEL from Denderleeuw, company number BE0447479905, closed financial year 2025 with a result of € 636,800 after tax. For that financial year SUPCOWEL recorded a gross margin of € 1.4 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 456,245 to € 636,800. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 1.6 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 636,800
▲ 40% vs 2024
Profit after tax over the fiscal year.
€ 421,422
▲ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 600,000 paid out
94 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
▼ 14.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 670,369
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 46,601
▼ 40% vs 2024
€ 32,673 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 294,642
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 170,787
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,211,731 | € 1,647,162 | € 1,466,946 | € 1,364,759 | ▼ 7% |
| Profit after taxes | € 279,484 | € 578,340 | € 456,245 | € 636,800 | ▲ 40% |
| Equity | € 1,563,624 | € 1,541,965 | € 1,598,210 | € 1,635,010 | ▲ 2% |
| Total debts | € 1,797,103 | € 1,830,439 | € 1,921,363 | € 2,078,387 | ▲ 8% |
| Cash | € 339,986 | € 248,858 | € 239,760 | € 421,422 | ▲ 76% |
| Land & buildings | € 558,637 | € 586,535 | € 587,511 | € 508,789 | ▼ 13% |
| Retained profit | € 1,400,124 | € 1,378,465 | € 1,434,710 | € 1,471,510 | ▲ 3% |
| Dividend | € 600,000 | € 600,000 | € 400,000 | € 600,000 | ▲ 50% |
| Bank debt | € 138,511 | € 108,855 | € 78,236 | € 46,601 | ▼ 40% |
| Balance sheet total | € 3,360,727 | € 3,372,404 | € 3,519,574 | € 3,713,397 | ▲ 6% |
| Employees (FTE) | 15.5 | 15.2 | 14.5 | 0 | ▼ 14.5 |
Key figures of SUPCOWEL, 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 SUPCOWEL?
What happened at SUPCOWEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- DACOP BV became a director. NBB
- INVESTYC BV became a director. NBB
- New establishment in Denderleeuw. KBO
- Start of the company according to the CBE. KBO
In short
From € 279,484 profit in 2022 to € 636,800 profit in 2025.
Paid € 658,886 in corporate taxes since 2022.
Best year ever: 2025, with € 636,800 profit.
On average € 101,200 of value added per employee in 2024.
Management
The stake of INVESTYC, DACOP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SUPCOWELBehind SUPCOWEL are DACOP BV and INVESTYC BV. The shares are held by INVESTYC (40.6%) and DACOP (40.6%).
Directors
According to the 2025 annual accounts
since 2023
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Steenveldlaan 17
9470 Denderleeuw
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0447.479.905
- VAT number
- BE 0447.479.905
- Registered office
- Steenveldlaan 17, 9470 Denderleeuw
- Names & denominations
- SUPCOWEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 May 1992
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Superettes (verkoopsoppervlakte tussen 100 m2 en minder dan 400 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)