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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE COENE INTERIOR DECORATION from Kortrijk, company number BE0649598310, closed financial year 2025 with a result of € 1,221 after tax. For that financial year DE COENE INTERIOR DECORATION recorded a gross margin of € 2.6 million and equity of € -747,729. Compared with financial year 2024, the result moved from € 238,981 to € 1,221. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ -747,729
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,221
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 18,717
▼ 85% 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 € -2.1 million.
People and assets in 2025
35.5
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▼ 1% vs 2024
€ 65,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 134,260
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 650,688
▼ 33% vs 2024
€ 16,375 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 399,939
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 305,785
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,500,148 | € 2,507,483 | € 2,841,319 | € 2,628,853 | ▼ 7% |
| Profit after taxes | € 156,615 | € 95,906 | € 238,981 | € 1,221 | ▼ 99% |
| Equity | € -1,083,837 | € -987,931 | € -748,950 | € -747,729 | |
| Total debts | € 4,417,818 | € 3,351,016 | € 2,918,500 | € 3,213,951 | ▲ 10% |
| Cash | € 299,095 | € 16,190 | € 121,460 | € 18,717 | ▼ 85% |
| Retained profit | € -2,483,837 | € -2,387,931 | € -2,148,950 | € -2,147,729 | |
| Bank debt | € 1,009,767 | € 537,729 | € 968,483 | € 650,688 | ▼ 33% |
| Balance sheet total | € 3,333,981 | € 2,363,084 | € 2,169,550 | € 2,466,222 | ▲ 14% |
| Employees (FTE) | 37.4 | 35.8 | 33.9 | 35.5 | ▲ 1.6 |
Key figures of DE COENE INTERIOR DECORATION, 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 COENE INTERIOR DECORATION?
What happened at DE COENE INTERIOR DECORATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JUTHO stepped down as director. NBB
- Nathalie Bert stepped down as director. NBB
- RSV INVEST stepped down as director. NBB
- Sofie Verlinde stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1,221 (▼ 99% vs 2024). Source: NBB ↗
- Nathalie Bert became a director. NBB
- Sofie Verlinde became a director. NBB
- JUTHO became a director. NBB
In short
From € 156,615 profit in 2022 to € 1,221 profit in 2025.
Paid € 8,574 in corporate taxes since 2022.
Best year ever: 2024, with € 238,981 profit.
On average € 74,100 of value added per employee in 2025.
A new publication or filing at DE COENE INTERIOR DECORATION? We notify you, reason included.
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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
The stake of VERTEAU comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DE COENE INTERIOR DECORATIONThe shares are held by VERTEAU (100%).
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Potteau Tom
Also active at: Atelier PURE, PURE PHARMA, LANNOO LABELS, VERTEAU, INTERIOR DECORATION GROUP, ve'rs interieur
since 2024 · until 2027
Managing director · represented by Vercaigne Ruben
Also active at: VERTEAU, ve'rs interieur
since 2021 · until 2027
since 2024 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hospitaalweg(Mar) 1A
8510 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0649.598.310
- VAT number
- BE 0649.598.310
- Registered office
- Hospitaalweg(Mar) 1A, 8510 Kortrijk
- Names & denominations
- DE COENE INTERIOR DECORATION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2016
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Schrijnwerk
Activiteiten van bouwarchitecten
Glaszetten
Vervaardiging van kantoor- en winkelmeubelen
Vervaardiging van keukenmeubelen