Financials
Financial year 2025
COFAZO from Merelbeke-Melle, company number BE0508622963, closed financial year 2025 with a result of € 82,770 after tax. For that financial year COFAZO recorded a gross margin of € 159,084 and equity of € 588,584. Compared with financial year 2024, the result moved from € 3,656 to € 82,770. 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 23, 2026.
€ 588,584
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 82,770
▲ € 79,114 vs 2024
Profit after tax over the fiscal year.
€ 10,425
▼ 45% 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 € 582,384.
People and assets in 2025
€ 68,861
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 249,689
▼ 16% vs 2024
€ 51,721 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 21,828
▲ 157% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,251
▲ 142% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 148,116 | € 123,453 | € 62,952 | € 159,084 | ▲ 153% |
| Profit after taxes | € 79,670 | € 52,938 | € 3,656 | € 82,770 | ▲ € 79,114 |
| Equity | € 449,221 | € 502,158 | € 505,814 | € 588,584 | ▲ 16% |
| Total debts | € 718,579 | € 436,314 | € 357,586 | € 376,045 | ▲ 5% |
| Cash | € 23,119 | € 14,563 | € 19,127 | € 10,425 | ▼ 45% |
| Land & buildings | € 584,633 | € 570,110 | € 555,587 | € 541,066 | ▼ 3% |
| Retained profit | € 443,021 | € 495,958 | € 499,614 | € 582,384 | ▲ 17% |
| Dividend | € 53,701 | € 0 | € 0 | € 0 | |
| Bank debt | € 388,715 | € 344,463 | € 296,043 | € 249,689 | ▼ 16% |
| Balance sheet total | € 1,167,800 | € 938,472 | € 863,401 | € 964,628 | ▲ 12% |
Key figures of COFAZO, 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 COFAZO?
What happened at COFAZO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 82,770 (▲ € 79,114 vs 2024). Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- An De Wispelaere became a director. NBB
- Jonas Buyle became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 79,670 profit in 2022 to € 82,770 profit in 2025.
Paid € 89,691 in corporate taxes since 2022.
Best year ever: 2025, with € 82,770 profit.
Paid out € 53,701 in dividends to the owners in total.
Management
Behind COFAZO are An De Wispelaere and Jonas Buyle. The same people are also behind APOLLO. An De Wispelaere is also behind CONUNDRA.
Establishments
Establishment units
Physical locations of this company
Elzenbroek 10
9820 Merelbeke-Melle
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
- 0508.622.963
- VAT number
- BE 0508.622.963
- Registered office
- Elzenbroek 10, 9820 Merelbeke-Melle
- Names & denominations
- COFAZO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2012
- Peppol
- Active · Active since 17 Nov 2025
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