Financials
Financial year 2025
COTEC SERVICES from Tubize, company number BE0558908852, closed financial year 2025 with a result of € 30,440 after tax. For that financial year COTEC SERVICES recorded a gross margin of € 49,032 and equity of € 61,793. Compared with financial year 2024, the result moved from € 25,816 to € 30,440. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 1, 2026.
€ 61,793
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,440
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 162
Cash and bank balances on the last day of the fiscal year.
€ 44,866 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 3,561
▲ 78% 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.
€ 429
▼ 67% 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.
€ 23,237
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,142
▲ 15% 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 | |
|---|---|---|---|---|---|
| Revenue | € 92,500 | - | - | - | |
| Gross margin | € 22,402 | € 68,128 | € 43,746 | € 49,032 | ▲ 12% |
| Profit after taxes | € 10,412 | € 44,536 | € 25,816 | € 30,440 | ▲ 18% |
| Equity | € 5,867 | € 50,403 | € 76,219 | € 61,793 | ▼ 19% |
| Total debts | € 19,185 | € 54,607 | € 92,042 | € 37,004 | ▼ 60% |
| Cash | € 6,410 | € 35,168 | - | € 162 | |
| Retained profit | € -333 | € 44,203 | € 70,019 | € 55,593 | ▼ 21% |
| Dividend | € 0 | € 0 | € 0 | € 44,866 | |
| Bank debt | € 8,000 | € 29,000 | € 524 | € 0 | ▼ 100% |
| Balance sheet total | € 25,053 | € 105,010 | € 168,261 | € 98,797 | ▼ 41% |
Key figures of COTEC SERVICES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to COTEC SERVICES?
What happened at COTEC SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 25,816 (▼ 42% vs 2023). filed late Source: NBB ↗
- New establishment in Tubize. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,412 profit in 2022 to € 30,440 profit in 2025.
Paid € 36,954 in corporate taxes since 2022.
Best year ever: 2023, with € 44,536 profit.
Paid out € 44,866 in dividends to the owners in total.
Management
Behind COTEC SERVICES are RIK DEVROEDE and MARIE STEPHANIE VICHOFF. RIK DEVROEDE is also behind Climabel and NEETOCOOL.
Establishments
Establishment units
Physical locations of this company
Rue des Frères Taymans 172
1480 Tubize
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0558.908.852
- VAT number
- BE 0558.908.852
- Registered office
- Rue des Frères Taymans 172, 1480 Tubize
- Names & denominations
- COTEC SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 August 2014
- Peppol
- Active · Active since 16 Nov 2025
- Activities · NACE
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