Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
COCOLO from Izegem, company number BE0560827868, closed financial year 2025 with a result of € -658,716 after tax. For that financial year COCOLO recorded a gross margin of € 128,632 and equity of € 5.8 million. Compared with financial year 2024, the result moved from € 109,514 to € -658,716. The company made a loss. 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 December 4, 2025.
€ 5.8 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -658,716
▼ still € 109,514 profit in 2024
Profit after tax over the fiscal year.
€ 15,951
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2025
€ 65,236
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▲ 4% vs 2024
€ 317,124 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 11,451
▲ € 9,359 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 548,831 | € 377,870 | € 117,926 | € 128,632 | ▲ 9% |
| Profit after taxes | € 168,334 | € 299,506 | € 109,514 | € -658,716 | ▼ € 768,230 |
| Equity | € 7,758,116 | € 6,362,622 | € 6,472,136 | € 5,813,420 | ▼ 10% |
| Total debts | € 2,925,183 | € 2,338,823 | € 2,618,376 | € 2,689,258 | ▲ 3% |
| Cash | € 661,200 | € 89,890 | € 12,869 | € 15,951 | ▲ 24% |
| Land & buildings | € 2,877,416 | € 3,462,543 | € 3,856,627 | € 4,179,898 | ▲ 8% |
| Retained profit | € 3,078,343 | € 1,682,848 | € 1,792,362 | € 1,133,646 | ▼ 37% |
| Dividend | € 0 | € 1,695,000 | € 0 | € 0 | |
| Bank debt | € 2,543,819 | € 2,308,455 | € 2,566,885 | € 2,672,306 | ▲ 4% |
| Balance sheet total | € 10,683,299 | € 8,709,729 | € 9,098,516 | € 8,510,403 | ▼ 6% |
Key figures of COCOLO, 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 January 2027.
What happened to COCOLO?
What happened at COCOLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 658,716 (▼ € 768,230 vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 168,334 profit in 2022 to € 658,716 loss in 2025.
Paid € 274,923 in corporate taxes since 2022.
Best year ever: 2023, with € 299,506 profit.
Paid out € 1.7 million in dividends to the owners in total.
Management
Behind COCOLO is Lieselot DECEUNINCK. Lieselot DECEUNINCK is also behind PADRON, Potrell and Pyloon.
Establishments
Establishment units
Physical locations of this company
Sasstraat 5
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Cagico
€ 1 million revenue · 2025
Wünder
€ 118,144 gross margin · 2025
PARENO same network
€ 835 gross margin · 2025
C.G.C. Sportsteam
€ 19,808 gross margin · 2023
MOM
+5 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
- 0560.827.868
- VAT number
- BE 0560.827.868
- Registered office
- Sasstraat 5, 8870 Izegem
- Names & denominations
- COCOLO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 2014
- Peppol
- Not registered
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Gites, vakantiewoningen en -appartementen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis