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 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE WITTE-COOREMAN from Knokke-Heist, company number BE0634911124, closed financial year 2025 with a result of € 3,227 after tax. For that financial year DE WITTE-COOREMAN recorded a gross margin of € 66,740 and equity of € 299,821. Compared with financial year 2024, the result moved from € -8,717 to € 3,227. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2026.
€ 299,821
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,227
▲ still € 8,717 loss in 2024
Profit after tax over the fiscal year.
€ 6,836
▲ 286% 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 € -179.
Debts at end 2025
€ 300,001
▼ 13% vs 2024
€ 48,994 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2,721
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,947
▲ 52% 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 | € 46,598 | € 62,569 | € 35,290 | € 66,740 | ▲ 89% |
| Profit after taxes | € -1,824 | € 12,280 | € -8,717 | € 3,227 | ▲ € 11,943 |
| Equity | € 293,030 | € 305,311 | € 296,594 | € 299,821 | ▲ 1% |
| Total debts | € 659,261 | € 615,867 | € 592,061 | € 564,132 | ▼ 5% |
| Cash | € 28 | € 1,529 | € 1,770 | € 6,836 | ▲ 286% |
| Land & buildings | € 951,508 | € 919,071 | € 886,633 | € 854,196 | ▼ 4% |
| Retained profit | € -6,970 | € 5,311 | € -3,406 | € -179 | ▲ € 3,227 |
| Bank debt | € 419,390 | € 370,995 | € 345,578 | € 300,001 | ▼ 13% |
| Balance sheet total | € 952,291 | € 921,178 | € 888,655 | € 863,952 | ▼ 3% |
Key figures of DE WITTE-COOREMAN, 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 DE WITTE-COOREMAN?
What happened at DE WITTE-COOREMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,227. filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Lieve Cooreman became a director. NBB
- Nico Alain De Witte became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,824 loss in 2022 to € 3,227 profit in 2025.
Paid € 4,084 in corporate taxes since 2022.
Best year ever: 2023, with € 12,280 profit.
Management
Behind DE WITTE-COOREMAN are Lieve Cooreman and Nico Alain De Witte. Nico Alain De Witte is also behind DW FOODS.
Directors
According to the 2025 annual accounts
Lieve Cooreman
Director
since 2015
since 2015
Establishments
Establishment units
Physical locations of this company
Winston Churchilllaan 30
8300 Knokke-Heist
Nieuwpoortstraat 41 box 12
8300 Knokke-Heist
Active since 7 August 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0634.911.124
- VAT number
- BE 0634.911.124
- Registered office
- Winston Churchilllaan 30, 8300 Knokke-Heist
- Names & denominations
- DE WITTE-COOREMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 August 2015
- Peppol
- Active · Active since 1 Jan 2001