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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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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
COSELOG from Tournai, company number BE0473768685, closed financial year 2025 with a result of € 6.5 million after tax. For that financial year COSELOG recorded revenue of € 30.2 million and equity of € 30 million. Compared with financial year 2024, the result moved from € 4.5 million to € 6.5 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 30 million
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.5 million
▲ 45% vs 2024
Profit after tax over the fiscal year.
€ 3.1 million
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
5 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
186
▲ 5.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.9 million
▲ 9% vs 2024
€ 63,900 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.
€ 1.1 million
▲ 32% vs 2024
Of which on lease € 92,161.
Debts at end 2025
€ 47.1 million
▼ 2% vs 2024
€ 6.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2.8 million
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 63 days on average.
€ 3 million
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 24,646,599 | € 26,554,754 | € 27,756,002 | € 30,168,650 | ▲ 9% |
| Profit after taxes | € -10,757 | € -296,957 | € 4,501,278 | € 6,532,450 | ▲ 45% |
| Equity | € 23,119,013 | € 19,916,760 | € 23,782,253 | € 29,980,011 | ▲ 26% |
| Total debts | € 55,148,170 | € 62,257,678 | € 99,162,454 | € 107,152,384 | ▲ 8% |
| Cash | € 1,634,044 | € 1,786,739 | € 7,827,541 | € 3,143,999 | ▼ 60% |
| Land & buildings | € 5,715,315 | € 5,294,205 | € 4,643,411 | € 4,251,498 | ▼ 8% |
| Retained profit | € 9,027,343 | € 5,860,874 | € 9,762,152 | € 15,994,602 | ▲ 64% |
| Dividend | € 0 | € 2,850,000 | € 600,000 | € 300,000 | ▼ 50% |
| Bank debt | € 21,456,804 | € 19,578,642 | € 48,273,631 | € 47,100,660 | ▼ 2% |
| Balance sheet total | € 78,277,372 | € 82,181,865 | € 122,949,185 | € 137,134,526 | ▲ 12% |
| Employees (FTE) | 156.3 | 168.7 | 180.2 | 186 | ▲ 5.8 |
Key figures of COSELOG, 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 COSELOG?
What happened at COSELOG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olivier DUFOUR stepped down as director. NBB
- Frédéric DUFOUR stepped down as director. NBB
- Philippe DUFOUR stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6.5 million (▲ 45% vs 2024). Source: NBB ↗
- Olivier DUFOUR became a director. NBB
- Frédéric DUFOUR became a director. NBB
- Philippe DUFOUR became a director. NBB
- New establishment in Tournai. KBO
In short
From € 10,757 loss in 2022 to € 6.5 million profit in 2025.
Paid € 31,155 in corporate taxes since 2022.
Best year ever: 2025, with € 6.5 million profit.
Paid out € 3.8 million in dividends to the owners in total.
A new publication or filing at COSELOG? We notify you, reason included.
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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 CRESCENDO INVEST, OLINE, PERFECTO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COSELOGThe shares are held by CRESCENDO INVEST (33.3%), OLINE (33.3%) and PERFECTO INVEST (33.3%). It owns 100% of MULTIMAINTENANCE, 100% of ADAM LEVAGE, 100% of CELTIC LEVAGE, 100% of MLD, 100% of TECHNIMANUT and 100% of DUROTRANS itself.
Directors
According to the 2025 annual accounts
Olivier DUFOUR
Director
Also active at: Cogetrina, SOCIETE DE DEDOUANEMENT, DE MANUTENTION ET D'AFFRETEMENT, ENTREPRISES DE MONTAGES EN GENERAL JEAN BOUTIQUE, MANUTENTION JEAN BOUTIQUE, BETON DU BASSIN DE L'ESCAUT, COMPAGNIE DE SERVICES ET DE LOGISTIQUE, ANTOING RECYCLAGE BETONS, ECO.LYS +9 more
since 2023 · until 2029
Frédéric DUFOUR
Director
Also active at: Cogetrina, Dufour Transports et Manutentions, SOCIETE DE DEDOUANEMENT, DE MANUTENTION ET D'AFFRETEMENT, DUFOUR ENERGY, ENTREPRISES DE MONTAGES EN GENERAL JEAN BOUTIQUE, MANUTENTION JEAN BOUTIQUE, BETON DU BASSIN DE L'ESCAUT, ONE WAY TRUCKING AVELGEM +22 more
since 2023 · until 2029
Philippe DUFOUR
Director
Also active at: Cogetrina, Dufour Transports et Manutentions, SOCIETE DE DEDOUANEMENT, DE MANUTENTION ET D'AFFRETEMENT, DUFOUR ENERGY, COMPAGNIE DE SERVICES ET DE LOGISTIQUE, ECO.LYS, SVPTE, DGC +2 more
since 2023 · until 2029
Shareholders
Participations
100%
ADAM LEVAGE
100%
CELTIC LEVAGE
100%
MLD
100%
TECHNIMANUT
100%
DUROTRANS
100%
TECHNILEVAGE
100%
DUMANS
100%
100%
DUMEUSE
100%
DUFIMMO
100%
100%
99.9%
99.7%
DUFOUR IDF
99.7%
99.5%
99%
98.7%
97%
1 WWT
52%
50%
50%
50%
3.1%
2.9%
1.4%
0.8%
HDF LEVAGE
Establishments
Establishment units
Physical locations of this company
Rue de la Terre à Briques(MAR) 18
7522 Tournai
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Cogetrina same network
€ 12.3 million revenue · 2025
Dufour Transports et Manutentions same network
€ 42.8 million revenue · 2025
DUFOUR ENERGY same network
€ 25.3 million revenue · 2025
ONE WAY TRUCKING AVELGEM same network
€ 233,016 gross margin · 2025
AVELGEM CONTAINER TERMINAL same network
€ -272,302 gross margin · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.768.685
- VAT number
- BE 0473.768.685
- Registered office
- Rue de la Terre à Briques(MAR) 18, 7522 Tournai
- Names & denominations
- COSELOG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 2001
- Peppol
- Active · Active since 7 May 2026
- Activities · NACE
Goederenvervoer over de weg
Overige gespecialiseerde bouwactiviteiten, neg
Verhuur van machines voor de bouwnijverheid met bedieningspersoneel
Overige gespecialiseerde bouwwerkzaamheden