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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
KOFLO from Torhout, company number BE0678740771, closed financial year 2025 with a result of € -12,400 after tax. For that financial year KOFLO recorded a gross margin of € 138,636 and equity of € 46,559. Compared with financial year 2024, the result moved from € -17,709 to € -12,400. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 46,559
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,400
▲ 30 % less loss than in 2024
Profit after tax over the fiscal year.
€ 69,456
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 27,959.
People and assets in 2025
€ 101,033
▲ 17% 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.
€ 511
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 171,256
▼ 1% vs 2024
€ 16,372 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 19,739
▲ 102% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,483
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 107,557 | € 170,566 | € 122,112 | € 138,636 | ▲ 14% |
| Profit after taxes | € -30,028 | € 19,380 | € -17,709 | € -12,400 | ▲ € 5,308 |
| Equity | € 57,288 | € 76,668 | € 58,959 | € 46,559 | ▼ 21% |
| Total debts | € 275,707 | € 212,914 | € 203,224 | € 206,479 | ▲ 2% |
| Cash | € 40,094 | € 65,264 | € 64,827 | € 69,456 | ▲ 7% |
| Land & buildings | € 204,577 | € 50,626 | € 59,805 | € 52,998 | ▼ 11% |
| Retained profit | € 38,688 | € 58,068 | € 40,359 | € 27,959 | ▼ 31% |
| Bank debt | € 258,897 | € 179,096 | € 173,789 | € 171,256 | ▼ 1% |
| Balance sheet total | € 332,995 | € 289,582 | € 262,183 | € 253,038 | ▼ 3% |
Key figures of KOFLO, 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 KOFLO?
What happened at KOFLO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,400. Source: NBB ↗
- New establishment in Torhout. KBO
- Kobe Decadt became a director. NBB
- Floor Vandenbussche became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 30,028 loss in 2022 to € 12,400 loss in 2025.
Paid € 1,966 in corporate taxes since 2022.
Best year ever: 2023, with € 19,380 profit.
Management
Behind KOFLO are Kobe Decadt and Floor Vandenbussche.
Directors
According to the 2025 annual accounts
Kobe Decadt
Director
since 2017
Floor Vandenbussche
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Oostendestraat 384
8820 Torhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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Hosting & Email
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Features
Security
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Details
- Company number
- 0678.740.771
- VAT number
- BE 0678.740.771
- Registered office
- Oostendestraat 384, 8820 Torhout
- Names & denominations
- KOFLO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2017
- Peppol
- Active · Active since 24 Dec 2025
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