Financials
Financial year 2025
CoFactory from Gent, company number BE0478575531, closed financial year 2025 with a result of € 1,197 after tax. For that financial year CoFactory recorded a gross margin of € 77,731 and equity of € 19,204. Compared with financial year 2024, the result moved from € 10,816 to € 1,197. 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 January 31, 2026.
€ 19,204
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,197
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 1,857
▼ 76% 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 € 604.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 72,944
▼ 6% 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.
€ 6,049
▲ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 15,363
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,802
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 112,038 | € 78,232 | € 90,874 | € 77,731 | ▼ 14% |
| Profit after taxes | € 40,656 | € 3,608 | € 10,816 | € 1,197 | ▼ 89% |
| Equity | € 8,584 | € 12,191 | € 18,007 | € 19,204 | ▲ 7% |
| Total debts | € 56,542 | € 19,689 | € 43,069 | € 33,165 | ▼ 23% |
| Cash | € 26,745 | € 12,453 | € 7,751 | € 1,857 | ▼ 76% |
| Retained profit | € -10,016 | € -6,409 | € -593 | € 604 | ▲ € 1,197 |
| Dividend | € 0 | € 0 | € 5,000 | € 0 | ▼ 100% |
| Bank debt | € 7,584 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 65,125 | € 31,881 | € 61,076 | € 52,368 | ▼ 14% |
Key figures of CoFactory, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to CoFactory?
What happened at CoFactory in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,197 (▼ 89% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,656 profit in 2022 to € 1,197 profit in 2025.
Paid € 0 in corporate taxes since 2022.
Best year ever: 2022, with € 40,656 profit.
Paid out € 5,000 in dividends to the owners in total.
Management
Behind CoFactory is Carlos Boidin.
Directors
According to the 2025 annual accounts
Carlos Boidin
Director
Establishments
Establishment units
Physical locations of this company
Noordhoutstraat 112
9031 Gent
Noordhoutstraat 118
9031 Gent
Active since 18 October 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.575.531
- VAT number
- BE 0478.575.531
- Registered office
- Noordhoutstraat 112, 9031 Gent
- Names & denominations
- CoFactory
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2002
- Peppol
- Active · Active since 16 Dec 2025
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