Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5 to 3.4.
Financials
Financial year 2025
DE COCKER GEERT from Merelbeke-Melle, company number BE0456642445, closed financial year 2025 with a result of € 3.5 million after tax. For that financial year DE COCKER GEERT recorded revenue of € 68.9 million and equity of € 17.3 million. Compared with financial year 2024, the result moved from € 4.5 million to € 3.5 million. 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 August 31, 2026.
€ 17.3 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.5 million
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
43 % of the profit went to the shareholders, mostly to PAMA (100 % of the shares). That is where the money ends up.
People and assets in 2025
3.4
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 188,655
▼ 1% vs 2024
€ 55,500 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.
€ 7,023
▲ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.2 million
▼ 20% vs 2024
Loans from banks and other lenders, long and short.
€ 5.3 million
▲ 145% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,046
▲ 222% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 68,695,677 | € 68,872,979 | |
| Gross margin | € 4,981,008 | € 4,799,102 | € 6,456,918 | € 5,015,809 | ▼ 22% |
| Profit after taxes | € 3,545,924 | € 3,307,108 | € 4,512,983 | € 3,466,853 | ▼ 23% |
| Equity | € 7,481,307 | € 10,788,415 | € 15,301,398 | € 17,268,251 | ▲ 13% |
| Total debts | € 6,956,909 | € 9,540,764 | € 7,537,889 | € 11,282,369 | ▲ 50% |
| Cash | € 1,224,753 | € 2,428,071 | € 1,293,144 | € 1,128,046 | ▼ 13% |
| Retained profit | € 7,462,715 | € 10,769,823 | € 15,282,806 | € 17,249,659 | ▲ 13% |
| Dividend | € 0 | € 0 | € 0 | € 1,500,000 | |
| Bank debt | € 750,610 | € 2,690,000 | € 5,251,868 | € 4,200,000 | ▼ 20% |
| Balance sheet total | € 14,438,216 | € 20,329,179 | € 22,839,287 | € 28,550,620 | ▲ 25% |
| Employees (FTE) | 4.6 | 5 | 3.9 | 3.4 | ▼ 0.5 |
Key figures of DE COCKER GEERT, 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 COCKER GEERT?
What happened at DE COCKER GEERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.5 million (▼ 23% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.5 million profit in 2022 to € 3.5 million profit in 2025.
Paid € 5 million in corporate taxes since 2022.
Best year ever: 2024, with € 4.5 million profit.
On average € 1.5 million of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PAMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DE COCKER GEERTBehind DE COCKER GEERT are Geert De Cocker and Pama NV. The shares are held by PAMA (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ambachtsweg 23
9820 Merelbeke-Melle
Singel 17B
9000 Gent
Active since 19 January 2022
Singel 13 - 15B
9000 Gent
Active since 19 January 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0456.642.445
- VAT number
- BE 0456.642.445
- Registered office
- Ambachtsweg 23, 9820 Merelbeke-Melle
- Names & denominations
- DE COCKER GEERT · Recycling De Cocker
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1995
- Peppol
- Active · Active since 16 Jul 2025
- Contact
- recyclingdecocker.be
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