Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COBEMA from Tielt, company number BE0788247140, closed financial year 2025 with a result of € 610,523 after tax. For that financial year COBEMA recorded a gross margin of € 245,993 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 694,642 to € 610,523. The company is profitable. 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 April 8, 2026.
€ 1.5 million
▲ 68% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 610,523
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 84,580
▲ € 81,702 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,718 paid out
0 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 16,515
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 18% vs 2024
€ 257,144 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,481
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,031
▲ 158% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 123,553 | € 131,735 | € 245,993 | ▲ 87% |
| Profit after taxes | € 86,782 | € 694,642 | € 610,523 | ▼ 12% |
| Equity | € 90,949 | € 899,014 | € 1,507,820 | ▲ 68% |
| Total debts | € 52,562 | € 2,658,369 | € 2,487,340 | ▼ 6% |
| Cash | € 95,061 | € 2,878 | € 84,580 | ▲ € 81,702 |
| Retained profit | € 85,949 | € 778,873 | € 1,387,678 | ▲ 78% |
| Dividend | € 833 | € 1,718 | € 1,718 | |
| Bank debt | € 0 | € 1,721,428 | € 1,414,284 | ▼ 18% |
| Balance sheet total | € 143,511 | € 3,557,383 | € 3,995,160 | ▲ 12% |
Key figures of COBEMA, fiscal years 2023 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 COBEMA?
What happened at COBEMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 610,523 (▼ 12% vs 2024). Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 86,782 profit in 2023 to € 610,523 profit in 2025.
Paid € 70,540 in corporate taxes since 2023.
Best year ever: 2024, with € 694,642 profit.
Paid out € 4,269 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind COBEMA are Pauline BUYSE and Bert MANDEVILLE. It owns 100% of De Keyser itself.
Directors
According to the 2025 annual accounts
Pauline BUYSE
Director
Bert MANDEVILLE
Director
Establishments
Establishment units
Physical locations of this company
Aarselestraat 18
8700 Tielt
Staatsbaan 233
8610 Kortemark
Active since 5 July 2022
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
- 0788.247.140
- VAT number
- BE 0788.247.140
- Registered office
- Aarselestraat 18, 8700 Tielt
- Names & denominations
- COBEMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2022
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van hoofdkantoren
Overige zakelijke dienstverlening, neg