Financials
Financial year 2025
COENEN from Maasmechelen, company number BE0451332684, closed financial year 2025 with a result of € 25,758 after tax. For that financial year COENEN recorded a gross margin of € 211,693 and equity of € 991,179. Compared with financial year 2024, the result moved from € 135,639 to € 25,758. The company is profitable. 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 25, 2026.
€ 991,179
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,758
▼ 81% vs 2024
Profit after tax over the fiscal year.
€ 137,509
▼ 77% 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 € 159,679.
People and assets in 2025
€ 134,947
▲ 7% 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
€ 24,372
▼ 40% vs 2024
Loans from banks and other lenders, long and short.
€ 5,411
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,039
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 299,673 | € 214,531 | € 229,004 | € 211,693 | ▼ 8% |
| Profit after taxes | € 38,496 | € 58,003 | € 135,639 | € 25,758 | ▼ 81% |
| Equity | € 1,471,779 | € 1,529,782 | € 965,421 | € 991,179 | ▲ 3% |
| Total debts | € 89,351 | € 72,371 | € 754,733 | € 35,822 | ▼ 95% |
| Cash | € 508,782 | € 102,652 | € 610,760 | € 137,509 | ▼ 77% |
| Land & buildings | € 307,977 | € 274,828 | € 241,687 | € 210,371 | ▼ 13% |
| Retained profit | € 640,279 | € 698,282 | € 133,921 | € 159,679 | ▲ 19% |
| Dividend | € 0 | € 0 | € 700,000 | € 0 | ▼ 100% |
| Bank debt | € 71,109 | € 55,911 | € 40,289 | € 24,372 | ▼ 40% |
| Balance sheet total | € 1,561,130 | € 1,602,154 | € 1,720,154 | € 1,027,000 | ▼ 40% |
Key figures of COENEN, 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 COENEN?
What happened at COENEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jan Baillien stepped down as director. NBB
- Emile Baillien stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 25,758 (▼ 81% vs 2024). Source: NBB ↗
- Jan Baillien became a director. NBB
- Emile Baillien became a director. NBB
- New establishment in Maasmechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,496 profit in 2022 to € 25,758 profit in 2025.
Paid € 59,957 in corporate taxes since 2022.
Best year ever: 2024, with € 135,639 profit.
Paid out € 700,000 in dividends to the owners in total.
Management
The stake of TOBE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COENENThe shares are held by TOBE (100%).
Directors
According to the 2025 annual accounts
Jan Baillien
Managing director
Also active at: E. BAILLIEN, SCHOONMAAKBEDRIJF V.I.P. CLEAN, TOBE, TO BOOST, HUBO LIMBURG UNITED, Stoneable, BAJATO, TO BUILD +2 more
since 2022 · until 2028
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan(M) 80
3630 Maasmechelen
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
- 0451.332.684
- VAT number
- BE 0451.332.684
- Registered office
- Industrielaan(M) 80, 3630 Maasmechelen
- Names & denominations
- COENEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 1993
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen