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 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COEUR DU ZOUTE from Hasselt, company number BE0461368523, closed financial year 2025 with a result of € -46,617 after tax. For that financial year COEUR DU ZOUTE recorded a gross margin of € 68,985 and equity of € 801,724. Compared with financial year 2024, the result moved from € 183,418 to € -46,617. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 801,724
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -46,617
▼ still € 183,418 profit in 2024
Profit after tax over the fiscal year.
€ 145,662
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 514,751.
People and assets in 2025
€ 49,089
▲ € 45,978 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.1 million
▼ 7% vs 2024
€ 151,215 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 14,073
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,910
▲ € 16,243 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 | € 352,641 | € 625,209 | € 400,184 | € 68,985 | ▼ 83% |
| Profit after taxes | € 65,045 | € 30,275 | € 183,418 | € -46,617 | ▼ € 230,035 |
| Equity | € 634,648 | € 664,923 | € 848,341 | € 801,724 | ▼ 5% |
| Total debts | € 3,313,503 | € 5,335,901 | € 4,192,155 | € 5,251,452 | ▲ 25% |
| Cash | € 29,722 | € 21,858 | € 182,634 | € 145,662 | ▼ 20% |
| Land & buildings | € 1,359,995 | € 2,448,536 | € 1,724,510 | € 1,760,312 | ▲ 2% |
| Retained profit | € 347,674 | € 377,950 | € 561,368 | € 514,751 | ▼ 8% |
| Dividend | € 20,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 3,059,758 | € 4,682,741 | € 3,348,450 | € 3,119,587 | ▼ 7% |
| Balance sheet total | € 3,959,401 | € 6,036,286 | € 5,134,338 | € 6,143,036 | ▲ 20% |
Key figures of COEUR DU ZOUTE, 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 COEUR DU ZOUTE?
What happened at COEUR DU ZOUTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 46,617 (▼ € 230,035 vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,045 profit in 2022 to € 46,617 loss in 2025.
Paid € 8,356 in corporate taxes since 2022.
Best year ever: 2024, with € 183,418 profit.
Paid out € 20,000 in dividends to the owners in total.
Management
Behind COEUR DU ZOUTE are Audrone Pugaciene and Romain Smets. The same people are also behind Renting-Car Trucks and DORLICH. Audrone Pugaciene is also behind BAUKRAFT. Romain Smets is also behind DIMO, R.L.S. and E.L.-INVEST.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Scheepvaartlaan 36 box 5.01
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0461.368.523
- VAT number
- BE 0461.368.523
- Registered office
- Scheepvaartlaan 36 bus 5.01, 3500 Hasselt
- Names & denominations
- COEUR DU ZOUTE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 1997
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Carrosserieherstelling (inclusief spuiten en verven)
Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Overige posterijen en koeriers
Diensten in verband met vervoer te land
Handel in eigen onroerend goed
Carrosserieherstelling
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