Financials
Financial year 2025
COMINES STEEL from Comines-Warneton, company number BE0807561424, closed financial year 2025 with a result of € 543,228 after tax. For that financial year COMINES STEEL recorded revenue of € 18.3 million and equity of € 5.1 million. Compared with financial year 2024, the result moved from € 445,420 to € 543,228. 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 April 24, 2026.
€ 5.1 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 543,228
▲ 22% vs 2024
Profit after tax over the fiscal year.
€ 467,168
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
37 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
16.5
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 11% vs 2024
€ 72,000 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.
€ 2.4 million
▼ 9% vs 2024
Of which on lease € 2.4 million.
Debts at end 2025
€ 4.4 million
▲ 12% vs 2024
€ 892,924 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1 million
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 24 days on average.
€ 231,104
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 24,824,786 | € 18,477,583 | € 17,169,443 | € 18,291,588 | ▲ 7% |
| Profit after taxes | € 1,493,951 | € 469,520 | € 445,420 | € 543,228 | ▲ 22% |
| Equity | € 4,105,489 | € 4,357,458 | € 4,589,219 | € 5,079,905 | ▲ 11% |
| Total debts | € 5,957,678 | € 5,060,968 | € 5,799,949 | € 5,841,325 | ▲ 1% |
| Cash | € 687,587 | € 284,394 | € 578,735 | € 467,168 | ▼ 19% |
| Land & buildings | € 1,921,681 | € 1,888,946 | € 1,574,606 | € 2,255,625 | ▲ 43% |
| Retained profit | € 3,660,476 | € 3,964,996 | € 4,245,416 | € 4,588,644 | ▲ 8% |
| Dividend | € 530,000 | € 165,000 | € 165,000 | € 200,000 | ▲ 21% |
| Bank debt | € 3,883,391 | € 3,416,768 | € 3,886,657 | € 4,360,971 | ▲ 12% |
| Balance sheet total | € 10,063,167 | € 9,418,426 | € 10,389,168 | € 10,921,230 | ▲ 5% |
| Employees (FTE) | 11.8 | 13.9 | 15.4 | 16.5 | ▲ 1.1 |
Key figures of COMINES STEEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to COMINES STEEL?
What happened at COMINES STEEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 543,228 (▲ 22% vs 2024). Source: NBB ↗
- New establishment in Comines-Warneton. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.5 million profit in 2022 to € 543,228 profit in 2025.
Paid € 807,820 in corporate taxes since 2022.
Best year ever: 2022, with € 1.5 million profit.
Paid out € 1.1 million in dividends to the owners in total.
Management
The stake of OH-Concrete, JD CONCRETE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COMINES STEELBehind COMINES STEEL are DHP CONCRETE BV, OH-Concrete BV and JD CONCRETE BV. The shares are held by OH-Concrete (49.5%) and JD CONCRETE (40%).
Directors
According to the 2025 annual accounts
Shareholders
49.5%
40%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Linteweversstraat(KOM) 3
7780 Comines-Warneton
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0807.561.424
- VAT number
- BE 0807.561.424
- Registered office
- Linteweversstraat(KOM) 3, 7780 Comines-Warneton
- Names & denominations
- COMINES STEEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 2008
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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