Financials
Financial year 2025
Coeo from Gent, company number BE0788981865, closed financial year 2025 with a result of € 364,516 after tax. For that financial year Coeo recorded a gross margin of € 1.4 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 640,952 to € 364,516. 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 August 26, 2026.
€ 1.8 million
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 364,516
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 468,584
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.8 million.
People and assets in 2025
17.8
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 644,665
▲ 19% vs 2024
€ 36,200 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.
Debts at end 2025
€ 56,177
▲ € 55,562 vs 2024
Loans from banks and other lenders, long and short.
€ 217,248
▲ € 182,367 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 154,740
▲ € 125,237 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 249,100 | € 1,984,005 | € 1,983,779 | € 1,350,625 | ▼ 32% |
| Profit after taxes | € 27,609 | € 738,838 | € 640,952 | € 364,516 | ▼ 43% |
| Equity | € 28,609 | € 767,447 | € 1,408,400 | € 1,772,915 | ▲ 26% |
| Total debts | € 406,075 | € 175,879 | € 164,841 | € 608,748 | ▲ 269% |
| Cash | € 176,661 | € 505,814 | € 424,761 | € 468,584 | ▲ 10% |
| Retained profit | € 27,609 | € 766,447 | € 1,407,400 | € 1,771,915 | ▲ 26% |
| Bank debt | € 301,889 | € 2,189 | € 615 | € 56,177 | ▲ € 55,562 |
| Balance sheet total | € 518,114 | € 1,125,867 | € 1,796,121 | € 2,637,078 | ▲ 47% |
| Employees (FTE) | 0.8 | 15.1 | 16.4 | 17.8 | ▲ 1.4 |
Key figures of Coeo, 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 Coeo?
What happened at Coeo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 364,516 (▼ 43% vs 2024). filed late Source: NBB ↗
- Niels Von Hase became a director. NBB
- Glenn Portier became a director. NBB
- New establishment in Gent. KBO
- Rody Overwater became a director. NBB
- Karsten Fiedrich became a director. NBB
- Johannes Reitter Elias-Stefan became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 27,609 profit in 2022 to € 364,516 profit in 2025.
Paid € 710,567 in corporate taxes since 2022.
Best year ever: 2023, with € 738,838 profit.
On average € 75,900 of value added per employee in 2025.
Management
Behind Coeo are Karsten Fiedrich, Niels Von Hase, Johannes Reitter Elias-Stefan, Rody Overwater and Glenn Portier.
Directors
According to the 2025 annual accounts
Karsten Fiedrich
Director
since 2022
Niels Von Hase
Director
since 2025
Johannes Reitter Elias-Stefan
Director
since 2022
Rody Overwater
Director
since 2022
Glenn Portier
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Rooigemlaan 532
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →GMC-LUX
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€ 31,243 gross margin · 2025
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€ 359,984 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0788.981.865
- VAT number
- BE 0788.981.865
- Registered office
- Rooigemlaan 532, 9000 Gent
- Names & denominations
- Coeo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 July 2022
- Peppol
- Active · Active since 9 Oct 2025
- Contact
- coeo-incasso.be [email protected]
- Activities · NACE
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