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 26 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
COETUS from Ottignies-Louvain-la-Neuve, company number BE0681651959, closed financial year 2026 with a result of € 1.2 million after tax. For that financial year COETUS recorded a gross margin of € 1.8 million and equity of € 20,460. Compared with financial year 2025, the result moved from € 699,921 to € 1.2 million. Profitable, and profit is growing. The buffer shrank hard: equity is 80 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 20,460
▼ 80% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ 77% vs 2025
Profit after tax over the fiscal year.
€ 220,084
▲ 23% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 1.3 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
1
Average over the fiscal year, from the social balance sheet.
€ 81,148
▼ 1% vs 2025
€ 81,100 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.
€ 28
▼ 98% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 94,320
€ 17,718 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,125
▲ 70% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 156,694
▲ € 120,400 vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,625,711 | € 1,868,075 | € 1,086,916 | € 1,815,478 | ▲ 67% |
| Profit after taxes | € 1,147,180 | € 1,319,299 | € 699,921 | € 1,241,194 | ▲ 77% |
| Equity | € 1,594,694 | € 399,360 | € 104,660 | € 20,460 | ▼ 80% |
| Total debts | € 77,229 | € 2,578,477 | € 1,067,189 | € 1,474,185 | ▲ 38% |
| Cash | € 86,131 | € 240,796 | € 179,004 | € 220,084 | ▲ 23% |
| Retained profit | € 1,576,094 | € 380,760 | € 86,060 | € 1,860 | ▼ 98% |
| Dividend | € 0 | € 2,514,633 | € 994,621 | € 1,325,394 | ▲ 33% |
| Bank debt | € 0 | € 0 | € 0 | € 94,320 | |
| Balance sheet total | € 1,671,924 | € 2,977,837 | € 1,223,975 | € 1,548,420 | ▲ 27% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of COETUS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to COETUS?
What happened at COETUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 1.2 million (▲ 77% vs 2025). Source: NBB ↗
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Laurent Dullier became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2023 to € 1.2 million profit in 2026.
Paid € 1.5 million in corporate taxes since 2023.
Best year ever: 2024, with € 1.3 million profit.
On average € 1.8 million of value added per employee in 2026.
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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
Behind COETUS is Laurent Dullier. It owns 7.6% of Lestreize itself.
Directors
According to the 2026 annual accounts
Laurent Dullier
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Rue des Erables 15
1340 Ottignies-Louvain-la-Neuve
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0681.651.959
- VAT number
- BE 0681.651.959
- Registered office
- Rue des Erables 15, 1340 Ottignies-Louvain-la-Neuve
- Names & denominations
- COETUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 2017
- Peppol
- Active · Active since 22 Aug 2025
- Activities · NACE
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