Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COTEMA from Le Roeulx, company number BE0711980691, closed financial year 2025 with a result of € -23,020 after tax. For that financial year COTEMA recorded a gross margin of € 152,532 and equity of € -23,885. Compared with financial year 2024, the result moved from € -16,627 to € -23,020. The company made a loss. 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 September 25, 2026.
€ -23,885
▼ € 23,020 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,020
▼ 38 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,215
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31,945.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 128,625
▲ 78% 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.
€ 18,728
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 102,136
▼ 36% vs 2024
€ 50,847 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 53,904
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55,704
▲ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 182,231 | € 123,007 | € 155,015 | € 152,532 | ▼ 2% |
| Profit after taxes | € -27,699 | € -38,374 | € -16,627 | € -23,020 | ▼ € 6,393 |
| Equity | € 151,186 | € 112,812 | € -865 | € -23,885 | ▼ € 23,020 |
| Total debts | € 241,906 | € 234,939 | € 241,910 | € 216,084 | ▼ 11% |
| Cash | € 1,661 | € 1,672 | € 2,159 | € 1,215 | ▼ 44% |
| Retained profit | € 144,986 | € 104,752 | € -8,925 | € -31,945 | ▼ € 23,020 |
| Dividend | € 0 | € 0 | € 97,051 | € 0 | ▼ 100% |
| Bank debt | € 206,140 | € 158,914 | € 160,505 | € 102,136 | ▼ 36% |
| Balance sheet total | € 393,092 | € 347,751 | € 241,045 | € 192,199 | ▼ 20% |
Key figures of COTEMA, 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 COTEMA?
What happened at COTEMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,020. filed late Source: NBB ↗
- New establishment in Le Roeulx. KBO
- ADRIEN TERRASI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 27,699 loss in 2022 to € 23,020 loss in 2025.
Paid out € 97,051 in dividends to the owners in total.
Management
Behind COTEMA is ADRIEN TERRASI.
Directors
According to the 2025 annual accounts
ADRIEN TERRASI
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Chaussée de Mons(R) 14 box b
7070 Le Roeulx
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
- 0711.980.691
- VAT number
- BE 0711.980.691
- Registered office
- Chaussée de Mons(R) 14 bus b, 7070 Le Roeulx
- Names & denominations
- COTEMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2018
- Peppol
- Active · Active since 26 Feb 2026
- Contact
- 0497/417240
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