Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 2 to 1.7.
Financials
Financial year 2025
COBRERO from Oudenaarde, company number BE0827490568, closed financial year 2025 with a result of € 47,986 after tax. For that financial year COBRERO recorded revenue of € 903,900 and equity of € 11.4 million. Compared with financial year 2024, the result moved from € 653,140 to € 47,986. 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 December 16, 2025.
€ 11.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,986
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 120,233
▲ 43% 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 million.
People and assets in 2025
1.7
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 133,417
▼ 64% vs 2024
€ 78,500 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
€ 1.9 million
▼ 14% vs 2024
Loans from banks and other lenders, long and short.
€ 3,852
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 2 days on average.
€ 111,242
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 205,500 | € 822,000 | € 1,540,875 | € 903,900 | ▼ 41% |
| Profit after taxes | € -229,380 | € -83,015 | € 653,140 | € 47,986 | ▼ 93% |
| Equity | € 10,783,201 | € 10,700,186 | € 11,353,326 | € 11,401,312 | |
| Total debts | € 4,733,102 | € 4,627,561 | € 4,417,715 | € 3,508,377 | ▼ 21% |
| Cash | € 69,226 | € 125,005 | € 83,947 | € 120,233 | ▲ 43% |
| Land & buildings | € 217,368 | € 201,299 | € 173,178 | € 157,109 | ▼ 9% |
| Retained profit | € 419,700 | € 336,685 | € 989,825 | € 1,037,811 | ▲ 5% |
| Bank debt | € 3,256,429 | € 2,910,000 | € 2,260,000 | € 1,935,000 | ▼ 14% |
| Balance sheet total | € 15,516,303 | € 15,327,746 | € 15,771,041 | € 14,909,689 | ▼ 5% |
| Employees (FTE) | 2 | 2 | 1.8 | 1.7 | ▼ 0.1 |
Key figures of COBRERO, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to COBRERO?
What happened at COBRERO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 47,986 (▼ 93% vs 2024). Source: NBB ↗
- Rovallco BV became a director. NBB
- Materoco BV became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 229,380 loss in 2021 to € 47,986 profit in 2025.
Paid € 17,579 in corporate taxes since 2021.
Best year ever: 2024, with € 653,140 profit.
Pays suppliers within 2 days on average.
Management
Behind COBRERO are Rovallco BV, Materoco BV and Natalie Roman. It owns 100% of Patrom, 100% of De Clocke and 100% of Brouwerij Roman itself.
Directors
According to the 2025 annual accounts
Director · represented by Lode ROMAN
since 2025
Director · represented by Carlo ROMAN
since 2025
Establishments
Establishment units
Physical locations of this company
Hauwaart 105
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0827.490.568
- VAT number
- BE 0827.490.568
- Registered office
- Hauwaart 105, 9700 Oudenaarde
- Names & denominations
- COBRERO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2010
- Peppol
- Active · Active since 30 Jul 2025
- Activities · NACE
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