Financials
Financial year 2025
CO-WORKS MECHANICS from Bredene, company number BE0538774622, closed financial year 2025 with a result of € 47,249 after tax. For that financial year CO-WORKS MECHANICS recorded a gross margin of € 266,442 and equity of € 52,065. Compared with financial year 2024, the result moved from € 30,304 to € 47,249. Profitable, and profit is growing. The buffer shrank hard: equity is 53 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 52,065
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,249
▲ 56% vs 2024
Profit after tax over the fiscal year.
€ 47,201
▲ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 105,263 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 177,868
▲ 8% 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.
€ 11,552
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 17,252
▼ 62% vs 2024
€ 16,100 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 55,666
▲ € 52,874 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,665
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 153,611 | € 203,398 | € 249,428 | € 266,442 | ▲ 7% |
| Profit after taxes | € -150,233 | € -330,292 | € 30,304 | € 47,249 | ▲ 56% |
| Equity | € 410,067 | € 79,775 | € 110,079 | € 52,065 | ▼ 53% |
| Total debts | € 468,082 | € 396,621 | € 83,555 | € 125,047 | ▲ 50% |
| Cash | € 41,278 | € 6,081 | € 29,743 | € 47,201 | ▲ 59% |
| Land & buildings | € 255,086 | € 237,279 | € 1,603 | € 724 | ▼ 55% |
| Retained profit | € 403,867 | € 73,575 | € 103,879 | € 45,865 | ▼ 56% |
| Dividend | € 107,000 | € 0 | € 0 | € 105,263 | |
| Bank debt | € 342,549 | € 270,925 | € 45,443 | € 17,252 | ▼ 62% |
| Balance sheet total | € 878,150 | € 476,396 | € 193,634 | € 177,112 | ▼ 9% |
| Employees (FTE) | 3.8 | 2.9 | 2.6 | - |
Key figures of CO-WORKS MECHANICS, 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 CO-WORKS MECHANICS?
What happened at CO-WORKS MECHANICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 47,249 (▲ 56% vs 2024). filed late Source: NBB ↗
- New establishment in Bredene. KBO
- Eric Scrayen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 150,233 loss in 2022 to € 47,249 profit in 2025.
Paid € 985 in corporate taxes since 2022.
Best year ever: 2025, with € 47,249 profit.
On average € 95,900 of value added per employee in 2024.
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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 CO-WORKS MECHANICS are Eric Scrayen and Erna Vanaerschot.
Directors
According to the 2025 annual accounts
Eric Scrayen
Director
since 2013
Erna Vanaerschot
Associate
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 52 box .001
8450 Bredene
Koningin Astridlaan 52 box 1
8450 Bredene
Active since 11 September 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0538.774.622
- VAT number
- BE 0538.774.622
- Registered office
- Koningin Astridlaan 52 bus .001, 8450 Bredene
- Names & denominations
- CO-WORKS MECHANICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 2013
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Reparatie en onderhoud van machines
Reparatie en onderhoud van andere civiele transportmiddelen
Vervaardiging van metalen constructiewerken en delen daarvan
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van motorvoertuigen, neg
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Onderhoud en reparatie van motorvoertuigen, n.e.g.