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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE TROYER - VAN COTTHEM from Ninove, company number BE0449895502, closed financial year 2025 with a result of € 2,959 after tax. For that financial year DE TROYER - VAN COTTHEM recorded a gross margin of € 58,017 and equity of € 160,485. Compared with financial year 2024, the result moved from € 2,423 to € 2,959. 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 July 27, 2026.
€ 160,485
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,959
▲ 22% vs 2024
Profit after tax over the fiscal year.
€ 13,452
▲ 1% 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 € 98,512.
People and assets in 2025
€ 7,764
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 176,513
▼ 11% vs 2024
€ 22,337 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 296
▲ 22% 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 | € 60,538 | € 57,278 | € 58,590 | € 58,017 | ▼ 1% |
| Profit after taxes | € 8,513 | € 4,378 | € 2,423 | € 2,959 | ▲ 22% |
| Equity | € 150,725 | € 155,103 | € 157,526 | € 160,485 | ▲ 2% |
| Total debts | € 261,969 | € 266,283 | € 240,360 | € 207,698 | ▼ 14% |
| Cash | € 8,917 | € 10,569 | € 13,272 | € 13,452 | ▲ 1% |
| Land & buildings | € 393,160 | € 367,414 | € 340,832 | € 315,667 | ▼ 7% |
| Retained profit | € 88,752 | € 93,130 | € 95,553 | € 98,512 | ▲ 3% |
| Bank debt | € 217,152 | € 218,705 | € 197,998 | € 176,513 | ▼ 11% |
| Balance sheet total | € 412,694 | € 421,387 | € 397,886 | € 368,183 | ▼ 7% |
Key figures of DE TROYER - VAN COTTHEM, 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 DE TROYER - VAN COTTHEM?
What happened at DE TROYER - VAN COTTHEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FRANS DE TROYER stepped down as director. NBB
- BVBA TROVAN SCHRIJNWERKERIJ stepped down as director. NBB
- KURT DE TROYER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2,959 (▲ 22% vs 2024). Source: NBB ↗
- FRANS DE TROYER became a director. NBB
- BVBA TROVAN SCHRIJNWERKERIJ became a director. NBB
- KURT DE TROYER became a director. NBB
- New establishment in Ninove. KBO
In short
From € 8,513 profit in 2022 to € 2,959 profit in 2025.
Paid € 12,496 in corporate taxes since 2022.
Best year ever: 2022, with € 8,513 profit.
Management
The stake of TROVAN SCHRIJNWERKERIJ comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DE TROYER - VAN COTTHEMThe shares are held by TROVAN SCHRIJNWERKERIJ (4%).
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Director · represented by Frans De Troyer
since 2022 · until 2028
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bosveld(Den) 18
9400 Ninove
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.895.502
- VAT number
- BE 0449.895.502
- Registered office
- Bosveld(Den) 18, 9400 Ninove
- Names & denominations
- DE TROYER - VAN COTTHEM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 1993
- Peppol
- Active · Active since 13 Nov 2025