Financials
Financial year 2025
COEURAM from Ottignies-Louvain-la-Neuve, company number BE0479084285, closed financial year 2025 with a result of € 218,069 after tax. For that financial year COEURAM recorded a gross margin of € 373,164 and equity of € 270,284. Compared with financial year 2024, the result moved from € -42,023 to € 218,069. 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 17, 2026.
€ 270,284
▲ 92% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 218,069
▲ still € 42,023 loss in 2024
Profit after tax over the fiscal year.
€ 134,307
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 88,500 paid out
41 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 44,312
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 483,411
▼ 9% vs 2024
€ 48,570 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 9,888
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 256,195 | € 227,573 | € 180,697 | € 373,164 | ▲ 107% |
| Profit after taxes | € 28,909 | € 15,768 | € -42,023 | € 218,069 | ▲ € 260,092 |
| Equity | € 166,970 | € 182,738 | € 140,715 | € 270,284 | ▲ 92% |
| Total debts | € 734,256 | € 712,718 | € 788,629 | € 614,809 | ▼ 22% |
| Cash | € 169,297 | € 186,268 | € 250,491 | € 134,307 | ▼ 46% |
| Land & buildings | € 528,433 | € 505,198 | € 516,125 | € 567,980 | ▲ 10% |
| Retained profit | € 147,970 | € 163,738 | € 121,715 | € 251,284 | ▲ 106% |
| Dividend | € 0 | € 0 | € 0 | € 88,500 | |
| Bank debt | € 490,027 | € 584,925 | € 531,522 | € 483,411 | ▼ 9% |
| Balance sheet total | € 901,225 | € 895,456 | € 929,343 | € 885,093 | ▼ 5% |
Key figures of COEURAM, 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 COEURAM?
What happened at COEURAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 218,069. Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 28,909 profit in 2022 to € 218,069 profit in 2025.
Paid € 88,705 in corporate taxes since 2022.
Best year ever: 2025, with € 218,069 profit.
Paid out € 88,500 in dividends to the owners in total.
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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
Behind COEURAM is Thierry Muller. Thierry Muller is also behind CARDIOTEAM.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Avenue des Bouleaux 19
1340 Ottignies-Louvain-la-Neuve
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.084.285
- VAT number
- BE 0479.084.285
- Registered office
- Avenue des Bouleaux 19, 1340 Ottignies-Louvain-la-Neuve
- Names & denominations
- COEURAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2002
- Peppol
- Active · Active since 13 Feb 2026