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 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COCOON from Wingene, company number BE0466525359, closed financial year 2025 with a result of € 42,310 after tax. For that financial year COCOON recorded a gross margin of € 120,433 and equity of € 286,153. Compared with financial year 2024, the result moved from € 42,398 to € 42,310. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 286,153
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,310
Profit after tax over the fiscal year.
€ 10,913
▼ 47% 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 € 267,561.
People and assets in 2025
€ 3,732
▲ € 3,645 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.
€ 65,793
▲ 64% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 513,786
▲ 2% vs 2024
€ 42,908 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 53,549
▲ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,737
▼ 63% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,518 | € 120,030 | € 107,689 | € 120,433 | ▲ 12% |
| Profit after taxes | € 1,306 | € 59,743 | € 42,398 | € 42,310 | |
| Equity | € 141,702 | € 201,445 | € 243,843 | € 286,153 | ▲ 17% |
| Total debts | € 712,779 | € 704,836 | € 665,577 | € 681,698 | ▲ 2% |
| Cash | € 14,702 | € 7,601 | € 20,469 | € 10,913 | ▼ 47% |
| Land & buildings | € 579,108 | € 564,535 | € 549,961 | € 535,479 | ▼ 3% |
| Retained profit | € 123,110 | € 182,853 | € 225,251 | € 267,561 | ▲ 19% |
| Bank debt | € 537,146 | € 507,453 | € 501,787 | € 513,786 | ▲ 2% |
| Balance sheet total | € 854,481 | € 906,281 | € 909,420 | € 967,850 | ▲ 6% |
| Employees (FTE) | 1 | 0 | - | - |
Key figures of COCOON, 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 COCOON?
What happened at COCOON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,310. Source: NBB ↗
- New establishment in Beernem. KBO
- Start of the company according to the CBE. KBO
- Dirk Baert became a director. NBB
In short
From € 1,306 profit in 2022 to € 42,310 profit in 2025.
Paid € 46,346 in corporate taxes since 2022.
Best year ever: 2023, with € 59,743 profit.
On average € 39,500 of value added per employee in 2022.
Management
Behind COCOON is Dirk Baert.
Directors
According to the 2025 annual accounts
Dirk Baert
Director
since 1999
Establishments
Establishment units
Physical locations of this company
Sint Pietersveld 24
8750 Wingene
Stationsplein 14
8730 Beernem
Active since 1 January 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.525.359
- VAT number
- BE 0466.525.359
- Registered office
- Sint Pietersveld 24, 8750 Wingene
- Names & denominations
- COCOON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 1999
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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