What does COCOCINEL do?

COCOCINEL is a holding company in Waasmunster. Private Limited, started on 7 March 2018, 2 establishments.

What is the address of COCOCINEL?

The registered office of COCOCINEL is located at Oudeheerweg-Heide 1, 9250 Waasmunster.

Is COCOCINEL still active?

Yes. According to the CBE (29 October 2026) COCOCINEL is active, legal situation “Normale toestand”, started on 7 March 2018.

Is COCOCINEL registered on Peppol?

Yes, COCOCINEL is registered on the Peppol network with ID 0208:0691807760.

What is the enterprise number of COCOCINEL?

The enterprise number of COCOCINEL is BE0691807760.

When was COCOCINEL founded?

COCOCINEL was founded on 7 March 2018.

Who are the directors of COCOCINEL?

According to the 2025 annual accounts, the directors of COCOCINEL are: Cédric Engels, ENGELS B&E BV, J&M Invest NV.

Is COCOCINEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 March 2018; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did COCOCINEL make in 2025?

COCOCINEL posted a profit after taxes of € 1,944 in financial year 2025.

What is the revenue of COCOCINEL?

In its most recent annual accounts (2025), COCOCINEL reported revenue of € 893,301.

How much does an employee at COCOCINEL earn?

The average wage cost per full-time employee at COCOCINEL was € 102,100 in 2025: staff costs of € 265,508 for 2.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does COCOCINEL have?

According to the 2025 annual accounts, COCOCINEL has 2.6 full-time equivalents (FTE).

COCOCINEL (Private Limited) - Waasmunster - BE0691807760

Dossier COCOCINEL, printed on 29 October 2026 from databakkes.be/en/0691807760/cococinel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 60 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 3.8 to 2.6.

Financials

Financial year 2025

COCOCINEL from Waasmunster, company number BE0691807760, closed financial year 2025 with a result of € 1,944 after tax. For that financial year COCOCINEL recorded revenue of € 893,301 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 165,958 to € 1,944. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.

What it is worth Growing

€ 1.3 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 1,944

▼ 99% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22,777

▲ 25% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.1 million.

People and assets in 2025

Full-time equivalents

2.6

▼ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 794,554 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 265,508

▼ 1% vs 2024

€ 102,100 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.

Vehicles and equipment

€ 304

▼ 50% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 304,893

▼ 36% vs 2024

€ 24,893 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 561,583

▲ 259% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 258 days on average.

Taxes and wages

€ 88,296

▼ 15% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	-	€ 893,301 Revenue 2025: € 893,301 First fiscal year in the series
Gross margin	€ 345,620 Gross margin 2022: € 345,620 First fiscal year in the series	€ 444,606 Gross margin 2023: € 444,606 ▲ 29% vs 2022 (€ 345,620) Favourable step	€ 294,777 Gross margin 2024: € 294,777 ▼ 34% vs 2023 (€ 444,606) Unfavourable step	-
Profit after taxes	€ 113,134 Profit after taxes 2022: € 113,134 First fiscal year in the series	€ 332,807 Profit after taxes 2023: € 332,807 ▲ 194% vs 2022 (€ 113,134) Favourable step	€ 165,958 Profit after taxes 2024: € 165,958 ▼ 50% vs 2023 (€ 332,807) Unfavourable step	€ 1,944 Profit after taxes 2025: € 1,944 ▼ 99% vs 2024 (€ 165,958) Unfavourable step	▼ 99%
Equity	€ 762,368 Equity 2022: € 762,368 First fiscal year in the series	€ 1,095,174 Equity 2023: € 1,095,174 ▲ 44% vs 2022 (€ 762,368) Favourable step	€ 1,261,132 Equity 2024: € 1,261,132 ▲ 15% vs 2023 (€ 1,095,174) Favourable step	€ 1,263,075 Equity 2025: € 1,263,075 Unchanged (€ 1,261,132) Favourable step
Total debts	€ 3,165,889 Total debts 2022: € 3,165,889 First fiscal year in the series	€ 3,019,974 Total debts 2023: € 3,019,974 ▼ 5% vs 2022 (€ 3,165,889) Favourable step	€ 3,444,070 Total debts 2024: € 3,444,070 ▲ 14% vs 2023 (€ 3,019,974) Unfavourable step	€ 3,393,867 Total debts 2025: € 3,393,867 ▼ 1% vs 2024 (€ 3,444,070) Favourable step	▼ 1%
Cash	€ 9,038 Cash 2022: € 9,038 First fiscal year in the series	€ 42,729 Cash 2023: € 42,729 ▲ € 33,691 vs 2022 (€ 9,038) Favourable step	€ 18,164 Cash 2024: € 18,164 ▼ 57% vs 2023 (€ 42,729) Unfavourable step	€ 22,777 Cash 2025: € 22,777 ▲ 25% vs 2024 (€ 18,164) Favourable step	▲ 25%
Retained profit	€ 637,368 Retained profit 2022: € 637,368 First fiscal year in the series	€ 970,174 Retained profit 2023: € 970,174 ▲ 52% vs 2022 (€ 637,368) Favourable step	€ 1,136,132 Retained profit 2024: € 1,136,132 ▲ 17% vs 2023 (€ 970,174) Favourable step	€ 1,138,075 Retained profit 2025: € 1,138,075 Unchanged (€ 1,136,132) Favourable step
Bank debt	€ 788,565 Bank debt 2022: € 788,565 First fiscal year in the series	€ 642,005 Bank debt 2023: € 642,005 ▼ 19% vs 2022 (€ 788,565) Favourable step	€ 473,889 Bank debt 2024: € 473,889 ▼ 26% vs 2023 (€ 642,005) Favourable step	€ 304,893 Bank debt 2025: € 304,893 ▼ 36% vs 2024 (€ 473,889) Favourable step	▼ 36%
Balance sheet total	€ 3,928,257 Balance sheet total 2022: € 3,928,257 First fiscal year in the series	€ 4,115,148 Balance sheet total 2023: € 4,115,148 ▲ 5% vs 2022 (€ 3,928,257) Unchanged	€ 4,705,202 Balance sheet total 2024: € 4,705,202 ▲ 14% vs 2023 (€ 4,115,148) Unchanged	€ 4,656,942 Balance sheet total 2025: € 4,656,942 ▼ 1% vs 2024 (€ 4,705,202) Unchanged	▼ 1%
Employees (FTE)	4.3 Employees (FTE) 2022: 4.3 First fiscal year in the series	3.8 Employees (FTE) 2023: 3.8 ▼ 0.5 vs 2022 (4.3) Unchanged	2.9 Employees (FTE) 2024: 2.9 ▼ 0.9 vs 2023 (3.8) Unchanged	2.6 Employees (FTE) 2025: 2.6 ▼ 0.3 vs 2024 (2.9) Unchanged	▼ 0.3

Key figures of COCOCINEL, 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 COCOCINEL?

What happened at COCOCINEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 27, 2026 New annual accounts for financial year 2025: profit of € 1,944 (▼ 99% vs 2024). Source: NBB ↗
2024 ENGELS B&E BV became a director. NBB
2024 J&M Invest NV became a director. NBB
Jan 1, 2022 New establishment in Lokeren. KBO
Mar 7, 2018 New establishment in Waasmunster. KBO
2018 Cédric Engels became a director. NBB
Mar 7, 2018 Start of the company according to the CBE. KBO

In short

From € 113,134 profit in 2022 to € 1,944 profit in 2025.

Paid € 5,783 in corporate taxes since 2022.

Best year ever: 2023, with € 332,807 profit.

On average € 101,600 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Cédric Engels

ENGELS B&E BV

J&M Invest NV

COCOCINEL

EWG BV 100%

Edmond nv 60%

Sonhouse Group 60%

Radar Padelclub BV 20%

Behind COCOCINEL are Cédric Engels, ENGELS B&E BV and J&M Invest NV. It owns 100% of EWG BV, 60% of Edmond nv, 60% of Sonhouse Group and 20% of Radar Padelclub BV itself.

Directors

According to the 2025 annual accounts

Cédric Engels

Director

Also active at: ENGELS WOOD FACTORY, IMMO - 47, EDMOND, Sonhouse Flanders, Avista Aluminium, HERMANO, THINK TOMATO, Sonhouse Wallonie +1 more

since 2018

ENGELS B&E BV

Director · represented by Engels Didier

Also active at: ENGELS WOOD FACTORY, IMMO - 47, DM, Avista Aluminium, AC WINDOWS, CASTIBO, SDW Windows, EWG +3 more

since 2024

J&M Invest NV

Director · represented by Engels Christophe

Also active at: ENGELS WOOD FACTORY, Avista Aluminium, AC WINDOWS, EWG, ENGELS, EOS

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Oudeheerweg-Heide 1

9250 Waasmunster

2.338.984.556

Gentse Steenweg 136

9160 Lokeren

Active since 1 January 2022

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0691.807.760

VAT number

BE 0691.807.760

Registered office

Oudeheerweg-Heide 1, 9250 Waasmunster

Names & denominations

COCOCINEL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 March 2018

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Activiteiten van hoofdkantoren

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

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View on CBE Public ↗ Annual accounts (NBB) ↗

COCOCINEL

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Financials

What happened to COCOCINEL?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions