Financials
Financial year 2025
COOR SERVICE MANAGEMENT from Gent, company number BE0480088929, closed financial year 2025 with a result of € 783,106 after tax. For that financial year COOR SERVICE MANAGEMENT recorded revenue of € 12.7 million and equity of € 5.2 million. Compared with financial year 2024, the result moved from € 842,331 to € 783,106. 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 July 5, 2026.
€ 5.2 million
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 783,106
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 5.7 million
▼ 21% 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 € 5.2 million.
People and assets in 2025
72.8
▲ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5 million
▲ 5% vs 2024
€ 68,200 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.
€ 7,454
▼ 28% 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.
€ 1.6 million
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.
€ 895,574
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,331,613 | € 12,799,500 | € 12,088,533 | € 12,662,581 | ▲ 5% |
| Profit after taxes | € 743,206 | € 1,040,141 | € 842,331 | € 783,106 | ▼ 7% |
| Equity | € 6,578,243 | € 7,618,385 | € 4,460,715 | € 5,243,822 | ▲ 18% |
| Total debts | € 4,181,641 | € 2,989,823 | € 6,271,098 | € 4,180,919 | ▼ 33% |
| Cash | € 6,974,088 | € 7,578,268 | € 7,142,825 | € 5,672,488 | ▼ 21% |
| Retained profit | € 6,516,743 | € 7,556,885 | € 4,399,215 | € 5,182,322 | ▲ 18% |
| Dividend | € 0 | € 0 | € 4,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 10,759,884 | € 10,608,208 | € 10,731,814 | € 9,424,741 | ▼ 12% |
| Employees (FTE) | 67 | 72.8 | 69.6 | 72.8 | ▲ 3.2 |
Key figures of COOR SERVICE MANAGEMENT, 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 COOR SERVICE MANAGEMENT?
What happened at COOR SERVICE MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joeri Vanderwee stepped down as director. NBB
- Markus Danielson stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 783,106 (▼ 7% vs 2024). Source: NBB ↗
- Andreas Engdahl stepped down as director. NBB
- Markus Danielson became a director. NBB
- Andreas Engdahl became a director. NBB
- Joeri Vanderwee became a director. NBB
- New establishment in Gent. KBO
In short
From € 743,206 profit in 2022 to € 783,106 profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 1 million profit.
Paid out € 4 million in dividends to the owners in total.
Management
The shares are held by Coor Service Management AB (99.8%) and Coor Service Management Group AB (0.2%). It owns 100% of Addici Security NV and 99.9% of Coor DOC NV itself.
Directors
According to the 2025 annual accounts
Joeri Vanderwee
Managing director
since 2024 · until 2030
Markus Danielson
Chairman of the board
since 2024 · until 2030
since 2024 · until 2025
Shareholders
Coor Service Management AB
99.8%
Coor Service Management Group AB
0.2%
Participations
100%
99.9%
Establishments
Establishment units
Physical locations of this company
Pantserschipstraat 181 box 5
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →MYNCKE DECOR
€ 402,494 gross margin · 2025
COOR DOC same network
€ 3.9 million revenue · 2025
Perfecto - Elektro
€ 15,636 gross margin · 2025
Vereniging van mede-eigenaars van het bedrijvenpark te Gent, Pantserschipstraat 181
EM FINANCE
€ 22,736 gross margin · 2025
+1 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
- 0480.088.929
- VAT number
- BE 0480.088.929
- Registered office
- Pantserschipstraat 181 bus 5, 9000 Gent
- Names & denominations
- COOR SERVICE MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 2003
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Reparatie en onderhoud van machines
Vervaardiging van spuittoestellen, inclusief blusapparaten
Activiteiten van holdings
Landschapsverzorging
Holdings