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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
COYSMAN MOTORS from Gent, company number BE0753935864, closed financial year 2026 with a result of € 90,297 after tax. For that financial year COYSMAN MOTORS recorded a gross margin of € 295,500 and equity of € 204,918. Compared with financial year 2025, the result moved from € 28,856 to € 90,297. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 13, 2026.
€ 204,918
▲ 79% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 90,297
▲ 213% vs 2025
Profit after tax over the fiscal year.
€ 159,813
▼ 52% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 199,918.
People and assets in 2026
1.8
▲ 0.8 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 60,677
▲ 161% vs 2025
€ 33,700 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.
€ 103,996
▲ 13% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.2 million
▼ 7% vs 2025
€ 10,806 is repaid this year. At this pace the long-term loan is gone in ≈ 80 years.
€ 104,291
▲ 26% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 69,717
▼ 22% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 44,449 | € 68,836 | € 126,376 | € 295,500 | ▲ 134% |
| Profit after taxes | € 12,415 | € 11,338 | € 28,856 | € 90,297 | ▲ 213% |
| Equity | € 74,427 | € 85,765 | € 114,622 | € 204,918 | ▲ 79% |
| Total debts | € 475,806 | € 1,129,919 | € 1,563,507 | € 1,488,830 | ▼ 5% |
| Cash | € 54,358 | € 121,805 | € 330,463 | € 159,813 | ▼ 52% |
| Retained profit | € 69,427 | € 80,765 | € 109,622 | € 199,918 | ▲ 82% |
| Bank debt | € 375,000 | € 864,905 | € 1,252,936 | € 1,164,236 | ▼ 7% |
| Balance sheet total | € 550,233 | € 1,215,685 | € 1,678,129 | € 1,693,748 | ▲ 1% |
| Employees (FTE) | - | - | 1 | 1.8 | ▲ 0.8 |
Key figures of COYSMAN MOTORS, 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 COYSMAN MOTORS?
What happened at COYSMAN MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 90,297 (▲ 213% vs 2025). Source: NBB ↗
- Phaedra Struyvelt became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Pieter Coysman became a director. NBB
In short
From € 12,415 profit in 2023 to € 90,297 profit in 2026.
Paid € 64,995 in corporate taxes since 2023.
Best year ever: 2026, with € 90,297 profit.
On average € 164,200 of value added per employee in 2026.
Management
Behind COYSMAN MOTORS are Pieter Coysman and Phaedra Struyvelt.
Directors
According to the 2026 annual accounts
Pieter Coysman
Director
since 2020
Phaedra Struyvelt
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 945
9041 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- COYSMAN Pieter Marc Tine(oprichter) 100%
Details
- Company number
- 0753.935.864
- VAT number
- BE 0753.935.864
- Registered office
- Antwerpsesteenweg 945, 9041 Gent
- Names & denominations
- COYSMAN MOTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 2020
- Peppol
- Not registered
- Contact
- coysmanmotors.be
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)