Financials
Financial year 2025
COTESE from Dendermonde, company number BE0808959709, closed financial year 2025 with a result of € -41,040 after tax. For that financial year COTESE recorded a gross margin of € 547,075 and equity of € 494,384. Compared with financial year 2024, the result moved from € 85,018 to € -41,040. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 494,384
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -41,040
▼ still € 85,018 profit in 2024
Profit after tax over the fiscal year.
€ 65,432
▲ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 475,784.
People and assets in 2025
7.6
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 519,947
▲ 4% vs 2024
€ 68,400 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.
€ 58,543
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 41,609
▲ 52% vs 2024
€ 15,534 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 178,878
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 97,457
▲ 103% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 475,047 | € 481,945 | € 660,405 | € 547,075 | ▼ 17% |
| Profit after taxes | € 7,264 | € 22,079 | € 85,018 | € -41,040 | ▼ € 126,058 |
| Equity | € 428,328 | € 450,406 | € 535,424 | € 494,384 | ▼ 8% |
| Total debts | € 725,153 | € 539,783 | € 681,877 | € 727,191 | ▲ 7% |
| Cash | € 21,470 | € 50,966 | € 35,161 | € 65,432 | ▲ 86% |
| Retained profit | € 409,728 | € 431,806 | € 516,824 | € 475,784 | ▼ 8% |
| Bank debt | € 319,019 | € 134,191 | € 27,319 | € 41,609 | ▲ 52% |
| Balance sheet total | € 1,153,480 | € 990,190 | € 1,217,301 | € 1,221,575 | |
| Employees (FTE) | 7.4 | 6.6 | 8.2 | 7.6 | ▼ 0.6 |
Key figures of COTESE, 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 COTESE?
What happened at COTESE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 41,040 (▼ € 126,058 vs 2024). Source: NBB ↗
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,264 profit in 2022 to € 41,040 loss in 2025.
Paid € 43,775 in corporate taxes since 2022.
Best year ever: 2024, with € 85,018 profit.
On average € 72,000 of value added per employee in 2025.
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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
The stake of Louvers Technologies comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COTESEBehind COTESE are ATELIER LUXOR BV and Marc Leon. The shares are held by Louvers Technologies (100%).
Directors
According to the 2025 annual accounts
Director · represented by Bernard De Meyer
Marc Leon
Director
Also active at: ATELIER LUXOR, Bijstandsorganisatie Zorg en Ondersteuning op Maat VZW, COTESE-AKOESTIKS, SERVIO PROJECTS, LEON!
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hoogveld 16
9200 Dendermonde
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
- 0808.959.709
- VAT number
- BE 0808.959.709
- Registered office
- Hoogveld 16, 9200 Dendermonde
- Names & denominations
- COTESE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 2009
- Peppol
- Active · Active since 2 Sept 2023
- Activities · NACE
Groothandel in behang, verf en woningtextiel
Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding
Detailhandel in tapijten en andere vloerbedekking en wandbekleding