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 59 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
DE COKERE-MAES from Pittem, company number BE0809466186, closed financial year 2024 with a result of € -89,928 after tax. For that financial year DE COKERE-MAES recorded a gross margin of € 980,815 and equity of € 69,773. Compared with financial year 2023, the result moved from € 4,248 to € -89,928. The company made a loss. The buffer shrank hard: equity is 56 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2025.
€ 69,773
▼ 56% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -89,928
▼ still € 4,248 profit in 2023
Profit after tax over the fiscal year.
€ 41,170
▲ 286% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 50,773.
People and assets in 2024
9.6
Average over the fiscal year, from the social balance sheet.
€ 685,464
▼ 10% vs 2023
€ 71,400 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.
€ 906,039
▲ 24% vs 2023
Of which on lease € 750,554.
Debts at end 2024
€ 997,000
▲ 29% vs 2023
€ 212,349 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 156,999
▼ 24% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 92,671
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 953,349 | € 1,209,146 | € 1,128,698 | € 980,815 | ▼ 13% |
| Profit after taxes | € -65,152 | € -27,214 | € 4,248 | € -89,928 | ▼ € 94,176 |
| Equity | € 182,667 | € 155,453 | € 159,701 | € 69,773 | ▼ 56% |
| Total debts | € 1,247,509 | € 1,148,970 | € 1,079,853 | € 1,253,067 | ▲ 16% |
| Cash | € 14,097 | € 11,653 | € 10,676 | € 41,170 | ▲ 286% |
| Land & buildings | € 24,954 | € 28,542 | € 24,875 | € 40,771 | ▲ 64% |
| Retained profit | € 163,667 | € 136,453 | € 140,701 | € 50,773 | ▼ 64% |
| Bank debt | € 1,004,478 | € 899,271 | € 775,654 | € 997,000 | ▲ 29% |
| Balance sheet total | € 1,430,177 | € 1,304,424 | € 1,239,555 | € 1,322,840 | ▲ 7% |
| Employees (FTE) | 9.7 | 11 | 9.6 | 9.6 |
Key figures of DE COKERE-MAES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DE COKERE-MAES?
What happened at DE COKERE-MAES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 89,928 (▼ € 94,176 vs 2023). Source: NBB ↗
- New establishment in Pittem. KBO
- Shirley Maes became a director. NBB
- Start of the company according to the CBE. KBO
- Kris De Cokere became a director. NBB
In short
From € 65,152 loss in 2021 to € 89,928 loss in 2024.
Paid € 1,565 in corporate taxes since 2021.
Best year ever: 2023, with € 4,248 profit.
On average € 102,200 of value added per employee in 2024.
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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 DE COKERE-MAES are Shirley Maes and Kris De Cokere.
Directors
According to the 2024 annual accounts
Shirley Maes
Director
since 2009
Kris De Cokere
Director
since 2009
Establishments
Establishment units
Physical locations of this company
Kasteeldreef 26
8740 Pittem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0809.466.186
- VAT number
- BE 0809.466.186
- Registered office
- Kasteeldreef 26, 8740 Pittem
- Names & denominations
- DE COKERE-MAES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 2009
- Peppol
- Active · Active since 4 Nov 2025
- Contact
- [email protected] 051/43.85.33
- Activities · NACE
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