Financials
Financial year 2026
COTHINK from Rumst, company number BE0500848909, closed financial year 2026 with a result of € 385,309 after tax. For that financial year COTHINK recorded a gross margin of € 288,893 and equity of € 857,911. Compared with financial year 2025, the result moved from € 112,393 to € 385,309. Profitable, and profit is growing. 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 June 25, 2026.
€ 857,911
▲ 70% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 385,309
▲ 243% vs 2025
Profit after tax over the fiscal year.
€ 34,820
▲ 25% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 31,750 paid out
8 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
1
Average over the fiscal year, from the social balance sheet.
€ 119,078
▼ 1% vs 2025
€ 119,100 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.
€ 26,431
▲ 243% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 12,386
▲ 60% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 67,268
▲ 61% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 190,554 | € 279,802 | € 297,329 | € 288,893 | ▼ 3% |
| Profit after taxes | € 84,897 | € 102,458 | € 112,393 | € 385,309 | ▲ 243% |
| Equity | € 489,801 | € 490,259 | € 504,352 | € 857,911 | ▲ 70% |
| Total debts | € 37,314 | € 48,997 | € 60,244 | € 91,464 | ▲ 52% |
| Cash | € 71,727 | € 12,371 | € 27,953 | € 34,820 | ▲ 25% |
| Retained profit | € 464,801 | € 485,259 | € 499,352 | € 852,911 | ▲ 71% |
| Dividend | € 74,500 | € 82,000 | € 98,300 | € 31,750 | ▼ 68% |
| Balance sheet total | € 527,114 | € 539,256 | € 564,596 | € 949,375 | ▲ 68% |
| Employees (FTE) | 1 | 1 | - | 1 |
Key figures of COTHINK, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to COTHINK?
What happened at COTHINK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 385,309 (▲ 243% vs 2025). Source: NBB ↗
- Sébastien Thiel became a director. NBB
- New establishment in Rumst. KBO
- Start of the company according to the CBE. KBO
In short
From € 84,897 profit in 2023 to € 385,309 profit in 2026.
Paid € 208,663 in corporate taxes since 2023.
Best year ever: 2026, with € 385,309 profit.
On average € 288,900 of value added per employee in 2026.
Management
Behind COTHINK is Sébastien Thiel. It owns 25% of Smartfin Management itself.
Directors
According to the 2026 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 61
2840 Rumst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0500.848.909
- VAT number
- BE 0500.848.909
- Registered office
- Hoveniersstraat 61, 2840 Rumst
- Names & denominations
- COTHINK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2012
- Peppol
- Active · Active since 21 Oct 2026
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