Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
COGETRINA LOGISTICS from Tournai, company number BE0672979664, closed financial year 2025 with a result of € -4.6 million after tax. For that financial year COGETRINA LOGISTICS recorded revenue of € 54.5 million and equity of € 10.6 million. Compared with financial year 2024, the result moved from € 40,668 to € -4.6 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 10.6 million
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4.6 million
▼ still € 40,668 profit in 2024
Profit after tax over the fiscal year.
€ 167,416
▲ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 8.8 million.
People and assets in 2025
271.8
▲ 30 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 12.4 million
▲ 15% vs 2024
€ 45,700 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.
€ 33.7 million
▲ 3% vs 2024
Of which on lease € 32.5 million.
Debts at end 2025
€ 41.3 million
▼ 17% vs 2024
€ 6 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 9.1 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 91 days on average.
€ 2 million
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 37,408,112 | € 42,055,054 | € 47,612,583 | € 54,544,707 | ▲ 15% |
| Profit after taxes | € 788,248 | € 1,189,579 | € 40,668 | € -4,578,855 | ▼ € 4.6 million |
| Equity | € 14,726,531 | € 14,412,757 | € 15,311,359 | € 10,589,377 | ▼ 31% |
| Total debts | € 25,370,332 | € 47,387,318 | € 63,015,723 | € 64,606,210 | ▲ 3% |
| Cash | € 84,068 | € 100,726 | € 113,553 | € 167,416 | ▲ 47% |
| Land & buildings | - | € 13,946,547 | € 13,621,339 | € 14,273,331 | ▲ 5% |
| Retained profit | € 14,157,850 | € 13,847,429 | € 13,388,097 | € 8,809,242 | ▼ 34% |
| Dividend | € 0 | € 1,500,000 | € 500,000 | € 0 | ▼ 100% |
| Bank debt | € 11,547,804 | € 35,420,077 | € 49,771,513 | € 41,302,257 | ▼ 17% |
| Balance sheet total | € 40,096,864 | € 61,800,075 | € 78,327,083 | € 75,195,587 | ▼ 4% |
| Employees (FTE) | 184.4 | 210.2 | 241.8 | 271.8 | ▲ 30 |
Key figures of COGETRINA LOGISTICS, 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 COGETRINA LOGISTICS?
What happened at COGETRINA LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olivier DUFOUR stepped down as director. NBB
- Philippe DUFOUR stepped down as director. NBB
- Frédéric DUFOUR stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4.6 million (▼ € 4.6 million vs 2024). Source: NBB ↗
- New establishment in Saint-Ghislain. KBO
- New establishment in Tournai. KBO
- Olivier DUFOUR became a director. NBB
- Philippe DUFOUR became a director. NBB
In short
From € 788,248 profit in 2022 to € 4.6 million loss in 2025.
Paid € 549,363 in corporate taxes since 2022.
Best year ever: 2023, with € 1.2 million profit.
Paid out € 2 million in dividends to the owners in total.
A new publication or filing at COGETRINA LOGISTICS? We notify you, reason included.
Follow COGETRINA LOGISTICSDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 shares are held by COSELOG SA (98.7%). It owns 33.3% of REPLIC itself.
Directors
According to the 2025 annual accounts
Olivier DUFOUR
Director
Also active at: Cogetrina, SOCIETE DE DEDOUANEMENT, DE MANUTENTION ET D'AFFRETEMENT, ENTREPRISES DE MONTAGES EN GENERAL JEAN BOUTIQUE, MANUTENTION JEAN BOUTIQUE, BETON DU BASSIN DE L'ESCAUT, COMPAGNIE DE SERVICES ET DE LOGISTIQUE, ANTOING RECYCLAGE BETONS, ECO.LYS +9 more
since 2023 · until 2029
Philippe DUFOUR
Director
Also active at: MANUTENTION JEAN BOUTIQUE, BETON DU BASSIN DE L'ESCAUT, ANTOING RECYCLAGE BETONS, PERFECTO INVEST
since 2023 · until 2029
Frédéric DUFOUR
Director
Also active at: Cogetrina, Dufour Transports et Manutentions, SOCIETE DE DEDOUANEMENT, DE MANUTENTION ET D'AFFRETEMENT, DUFOUR ENERGY, ENTREPRISES DE MONTAGES EN GENERAL JEAN BOUTIQUE, MANUTENTION JEAN BOUTIQUE, BETON DU BASSIN DE L'ESCAUT, ONE WAY TRUCKING AVELGEM +22 more
since 2023 · until 2029
Shareholders
98.7%
Participations
33.3%
Establishments
Establishment units
Physical locations of this company
Rue de la Terre à Briques(MAR) 18
7522 Tournai
Rue de la Terre à Briques 26
7503 Tournai
Active since 4 October 2019
Rue de la Terre à Briques 24
7503 Tournai
Active since 1 January 2024
Zone art. de la Rivièrette(SG) 16
7330 Saint-Ghislain
Active since 1 November 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Cogetrina same network
€ 12.3 million revenue · 2025
Dufour Transports et Manutentions same network
€ 42.8 million revenue · 2025
DUFOUR ENERGY same network
€ 25.3 million revenue · 2025
ONE WAY TRUCKING AVELGEM same network
€ 233,016 gross margin · 2025
AVELGEM CONTAINER TERMINAL same network
€ -272,302 gross margin · 2025
+10 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
- 0672.979.664
- VAT number
- BE 0672.979.664
- Registered office
- Rue de la Terre à Briques(MAR) 18, 7522 Tournai
- Names & denominations
- COGETRINA LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2017
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
Goederenvervoer over de weg, m.u.v. verhuisbedrijven