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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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
37 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Koutermolen from Wortegem-Petegem, company number BE0738456347, closed financial year 2025 with a result of € 14.3 million after tax. For that financial year Koutermolen recorded revenue of € 4.9 million and equity of € 358.5 million. Compared with financial year 2024, the result moved from € -101,805 to € 14.3 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 358.5 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14.3 million
▲ still € 101,805 loss in 2024
Profit after tax over the fiscal year.
€ 444,003
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
7 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
7.3
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 855,651
▲ 9% vs 2024
€ 117,200 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.
€ 164,280
▼ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15.1 million
▲ 9% vs 2024
€ 3.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 635,402
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.
€ 240,413
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,143,320 | € 5,312,659 | € 4,372,820 | € 4,862,320 | ▲ 11% |
| Profit after taxes | € 12,969,012 | € 69,440,220 | € -101,805 | € 14,274,778 | ▲ € 14.4 million |
| Equity | € 278,371,214 | € 345,311,434 | € 345,209,629 | € 358,484,407 | ▲ 4% |
| Total debts | € 22,748,282 | € 53,195,694 | € 61,520,651 | € 51,477,536 | ▼ 16% |
| Cash | € 2,171,797 | € 1,424,902 | € 792,318 | € 444,003 | ▼ 44% |
| Retained profit | € 21,207,398 | € 88,147,618 | € 88,045,813 | € 101,320,591 | ▲ 15% |
| Dividend | € 0 | € 2,500,000 | € 0 | € 1,000,000 | |
| Bank debt | € 20,428,571 | € 25,142,857 | € 13,857,143 | € 15,071,429 | ▲ 9% |
| Balance sheet total | € 301,119,496 | € 398,507,128 | € 406,730,280 | € 409,961,943 | ▲ 1% |
| Employees (FTE) | 6.4 | 6.6 | 7 | 7.3 | ▲ 0.3 |
Key figures of Koutermolen, 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 Koutermolen?
What happened at Koutermolen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VEERLE NAESSENS stepped down as director. NBB
- SEM NAESSENS stepped down as director. NBB
- FILIP VAN HAUTEGEM stepped down as director. NBB
- DEROOSE PROJECTS NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 14.3 million. Source: NBB ↗
- INGELBEEN BV stepped down as director. NBB
- INGELBEEN BV became a director. NBB
- VEERLE NAESSENS became a director. NBB
In short
From € 13 million profit in 2022 to € 14.3 million profit in 2025.
Paid € 24,621 in corporate taxes since 2022.
Best year ever: 2023, with € 69.4 million profit.
Paid out € 3.5 million in dividends to the owners in total.
Management
It owns 100% of Willy Naessens Concrete, 100% of Willy Naessens Build, 100% of Willy Naessens Invest, 100% of Willy Naessens Food, 100% of Willy Naessens Swimming Pools and 33.3% of WREB Redevelopment itself.
Directors
According to the 2025 annual accounts
Director · represented by Dennis Ingelbeen
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, EDIBO +35 more
since 2025 · until 2026
VEERLE NAESSENS
Director
Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, FRANKY, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW +50 more
since 2025 · until 2031
SEM NAESSENS
Director
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, OLYMPIC FIRE +43 more
since 2025 · until 2031
FILIP VAN HAUTEGEM
Director
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, OLYMPIC FIRE +38 more
since 2025 · until 2031
Director · represented by DIRK DEROOSE
Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, FRANKY, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW +61 more
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Kouter (E.) 3
9790 Wortegem-Petegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 37 companies are registered at this address.
All companies at this address →Bekaert Depla same network
URTEX same network
GOSSEYE same network
€ 2.4 million gross margin · 2025
WILLY NAESSENS INDUSTRIEBOUW same network
€ 334.3 million revenue · 2025
LCV INVEST same network
€ 13.6 million revenue · 2025
+32 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
- 0738.456.347
- VAT number
- BE 0738.456.347
- Registered office
- Kouter (E.) 3, 9790 Wortegem-Petegem
- Names & denominations
- Koutermolen
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2019
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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