Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
Financials
Financial year 2026
Cothur from Roeselare, company number BE0766814197, closed financial year 2026 with a result of € -4,515 after tax. For that financial year Cothur recorded a gross margin of € 88,040 and equity of € 62,861. Compared with financial year 2025, the result moved from € -121,948 to € -4,515. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2026.
€ 62,861
▼ 7% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,515
▲ 96 % less loss than in 2025
Profit after tax over the fiscal year.
€ 6,233
▼ 71% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -105,739.
People and assets in 2026
€ 2,508
▼ 98% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
€ 1.3 million
▲ 40% vs 2025
€ 84,105 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 10,863
▼ 84% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 2,435
▼ 79% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 96,833 | € 129,763 | € 156,487 | € 88,040 | ▼ 44% |
| Profit after taxes | € 13,888 | € 33,636 | € -121,948 | € -4,515 | ▲ € 117,434 |
| Equity | € 19,488 | € 39,324 | € 67,376 | € 62,861 | ▼ 7% |
| Total debts | € 879,698 | € 958,652 | € 988,956 | € 1,290,362 | ▲ 30% |
| Cash | - | € 45,229 | € 21,487 | € 6,233 | ▼ 71% |
| Land & buildings | € 242,761 | € 234,936 | € 521,930 | € 1,055,392 | ▲ 102% |
| Retained profit | € 888 | € 20,724 | € -101,224 | € -105,739 | ▼ € 4,515 |
| Dividend | € 13,000 | € 13,800 | € 0 | € 0 | |
| Bank debt | € 619,453 | € 602,097 | € 910,140 | € 1,276,609 | ▲ 40% |
| Balance sheet total | € 899,186 | € 997,977 | € 1,056,332 | € 1,353,223 | ▲ 28% |
Key figures of Cothur, 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 Cothur?
What happened at Cothur in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 4,515. Source: NBB ↗
- New establishment in Roeselare. KBO
- Arthur Denys became a director. NBB
- Griet Dina Vangheluwe became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 13,888 profit in 2023 to € 4,515 loss in 2026.
Paid € 2,297 in corporate taxes since 2023.
Best year ever: 2024, with € 33,636 profit.
Paid out € 26,800 in dividends to the owners in total.
Management
Behind Cothur are Arthur Denys and Griet Dina Vangheluwe. It owns 100% of AB Textiles II and 100% of Artico Design itself.
Directors
According to the 2026 annual accounts
since 2021
since 2021
Establishments
Establishment units
Physical locations of this company
Bosmolensstraat 10 box A
8800 Roeselare
Mandelstraat 5 L 13
8800 Roeselare
Active since 16 April 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0766.814.197
- VAT number
- BE 0766.814.197
- Registered office
- Bosmolensstraat 10 bus A, 8800 Roeselare
- Names & denominations
- Cothur
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 2021
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Overige activiteiten op het gebied van drukwerk
Overige niet-gespecialiseerde detailhandel
Detailhandel in kledingaccessoires
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel via postorderbedrijven of via internet