Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Busy address KBO
42 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
COFACE BELGIUM SERVICES from Watermaal-Bosvoorde, company number BE0451002884, closed financial year 2025 with a result of € -970,594 after tax. For that financial year COFACE BELGIUM SERVICES recorded revenue of € 5 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € -155,757 to € -970,594. 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 July 6, 2026.
€ 4.1 million
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -970,594
▼ 523 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 105% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -947,704.
People and assets in 2025
14
▲ 5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 104% vs 2024
€ 113,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 38,555
▼ 34% 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.
€ 579,748
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 39 days on average.
€ 464,456
▲ 105% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,027,675 | € 4,781,542 | € 4,946,761 | € 4,994,221 | ▲ 1% |
| Profit after taxes | € 66,397 | € -68,983 | € -155,757 | € -970,594 | ▼ € 814,837 |
| Equity | € 5,266,630 | € 5,197,647 | € 5,041,890 | € 4,071,296 | ▼ 19% |
| Total debts | € 4,087,784 | € 1,618,989 | € 1,726,709 | € 1,707,895 | ▼ 1% |
| Cash | € 1,374,749 | € 1,452,967 | € 699,874 | € 1,434,947 | ▲ 105% |
| Retained profit | € 247,630 | € 178,647 | € 22,890 | € -947,704 | ▼ € 970,594 |
| Dividend | € 63,077 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 9,354,414 | € 6,816,636 | € 6,894,229 | € 5,904,821 | ▼ 14% |
| Employees (FTE) | 6.5 | 6 | 9 | 14 | ▲ 5 |
Key figures of COFACE BELGIUM SERVICES, 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 COFACE BELGIUM SERVICES?
What happened at COFACE BELGIUM SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 970,594. Source: NBB ↗
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 66,397 profit in 2022 to € 970,594 loss in 2025.
Paid € 36,714 in corporate taxes since 2022.
Best year ever: 2022, with € 66,397 profit.
Paid out € 63,077 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Vorstlaan 100
1170 Watermaal-Bosvoorde
Vorstlaan 49 box 17
1160 Oudergem
Active since 4 November 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 42 companies are registered at this address.
All companies at this address →Alcotra Holding
SHEARSON LEHMAN GLOBAL ASSET MANAGEMENT
ALCODIS
€ 905.3 million revenue · 2025
MOREAU ET ASSOCIES
€ 27,360 gross margin · 2025
DRILLING EUROPE
€ -1,749 gross margin · 2025
+37 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
AWS Route 53
Website info
Features
Security
Network
Details
- Company number
- 0451.002.884
- VAT number
- BE 0451.002.884
- Registered office
- Vorstlaan 100, 1170 Watermaal-Bosvoorde
- Names & denominations
- COFACE BELGIUM SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 1993
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- coface.be
- Activities · NACE
Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten
Activiteiten van risicoanalisten en schadetaxateurs
Verzekeringsmakelaars en -agenten
Gegevensverwerking, webhosting en aanverwante activiteiten
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Activiteiten van verzekeringsagenten en -makelaars
+8