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 16 % of short-term debt in 2026; threshold 65 %.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
SCOTCHA from Sint-Martens-Latem, company number BE0786667624, closed financial year 2026 with a result of € 3.6 million after tax. For that financial year SCOTCHA recorded revenue of € 820,540 and equity of € 33.8 million. Compared with financial year 2025, the result moved from € 2.5 million to € 3.6 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 September 30, 2026.
€ 33.8 million
▲ 12% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.6 million
▲ 45% vs 2025
Profit after tax over the fiscal year.
€ 2,884
▼ 94% 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 € 8.6 million.
Debts at end 2026
€ 16.5 million
▼ 9% vs 2025
€ 1.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 51,798
▼ 43% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.
€ 933
▼ 83% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|
| Revenue | € 1,342,920 | € 815,078 | € 820,540 | ▲ 1% |
| Profit after taxes | € 2,569,969 | € 2,459,250 | € 3,561,923 | ▲ 45% |
| Equity | € 27,819,969 | € 30,279,219 | € 33,841,141 | ▲ 12% |
| Total debts | € 20,101,600 | € 18,749,810 | € 16,711,281 | ▼ 11% |
| Cash | € 49,838 | € 49,316 | € 2,884 | ▼ 94% |
| Retained profit | € 2,569,969 | € 5,029,219 | € 8,591,141 | ▲ 71% |
| Bank debt | € 19,625,000 | € 18,041,667 | € 16,458,333 | ▼ 9% |
| Balance sheet total | € 47,921,569 | € 49,029,029 | € 50,552,423 | ▲ 3% |
Key figures of SCOTCHA, fiscal years 2024 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 SCOTCHA?
What happened at SCOTCHA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ORTHAN & CAUCHY B.V. (D-Bestuurder) stepped down as director. NBB
- Ruth DE WULF (A-Bestuurder) stepped down as director. NBB
- LANDERHOF INVEST CommV (B-Bestuurder) stepped down as director. NBB
- VANDERBEKE LUC BV (C-Bestuurder) stepped down as director. NBB
- CREAFUND NV (A-Bestuurder) stepped down as director. NBB
- Kenneth DEPUYDT (A-Bestuurder) stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 3.6 million (▲ 45% vs 2025). Source: NBB ↗
- PAPADI BV (D-bestuurder) stepped down as director. NBB
In short
From € 2.6 million profit in 2024 to € 3.6 million profit in 2026.
Best year ever: 2026, with € 3.6 million profit.
Pays suppliers within 27 days on average.
Management
The stake of CREAFUND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SCOTCHAThe shares are held by CREAFUND (65.1%). It owns 90% of COEMAN TRADING NV itself.
Directors
According to the 2026 annual accounts
Director · represented by Julie EERDEKENS
Also active at: COEMAN PACKAGING, LANDERGEM INVEST, COEMAN TRADING
since 2024 · until 2025
since 2022 · until 2029
LANDERHOF INVEST CommV (B-Bestuurder)
Director · represented by Philip COEMAN
Also active at: COEMAN PACKAGING, LANDERGEM INVEST, COEMAN TRADING
since 2022 · until 2029
VANDERBEKE LUC BV (C-Bestuurder)
Director · represented by Luc VANDERBEKE
Also active at: COEMAN PACKAGING, LANDERGEM INVEST, COEMAN TRADING
since 2022 · until 2029
Director · represented by Herman WIELFAERT
Also active at: DIRESCO, COEMAN PACKAGING, CREALOAN, SOFICS, Cu.be Solutions, JOVEGI, MOBILE LOCKER, SOLFAR +11 more
since 2022 · until 2029
since 2022 · until 2029
ORTHAN & CAUCHY B.V. (D-Bestuurder)
Managing director · represented by Peter LE ROY
Also active at: COEMAN PACKAGING, LANDERGEM INVEST, Theuma Group, COEMAN TRADING
since 2025 · until 2031
Shareholders
65.1%
Participations
Establishments
Establishment units
Physical locations of this company
Maenhoutstraat 77 box A
9830 Sint-Martens-Latem
Maenhoutstraat 77B
9830 Sint-Martens-Latem
Active since 31 May 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →IBKEM
€ -30,391 gross margin · 2025
CREALOAN same network
€ 71,151 revenue · 2025
CREAFUND same network
€ 696,694 revenue · 2025
CREAFUND MANAGEMENT
€ 174,039 gross margin · 2025
SPEED 8
€ 8,365 gross margin · 2025
+16 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
- 0786.667.624
- VAT number
- BE 0786.667.624
- Registered office
- Maenhoutstraat 77 bus A, 9830 Sint-Martens-Latem
- Names & denominations
- SCOTCHA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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