What does COJAREC do?

COJAREC is a waste processor in Waregem. Private Limited, started on 5 October 2012, 1 establishment.

What is the address of COJAREC?

The registered office of COJAREC is located at Emiel Clausstraat 91, 8793 Waregem.

Is COJAREC still active?

No. The CBE lists COJAREC with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is COJAREC registered on Peppol?

No, COJAREC is currently not registered on the Peppol network.

What is the enterprise number of COJAREC?

The enterprise number of COJAREC is BE0849816208.

When was COJAREC founded?

COJAREC was founded on 5 October 2012.

Who are the directors of COJAREC?

According to the 2023 annual accounts, the directors of COJAREC are: Philippe Lenssen, Marie Friberg, Michiel Kenis.

Is COJAREC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 5 October 2012; 3 annual accounts filed, latest fiscal year 2023; 3 directors known from the annual account.

How much profit did COJAREC make in 2023?

COJAREC recorded a loss after taxes of € 74,591 in financial year 2023.

What is the revenue of COJAREC?

As a small company, COJAREC is not required to publish revenue in its annual accounts. In financial year 2023, its added value was € 739,071.

How much does an employee at COJAREC earn?

The average wage cost per full-time employee at COJAREC was € 51,000 in 2023: staff costs of € 642,024 for 12.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does COJAREC have?

According to the 2023 annual accounts, COJAREC has 12.6 full-time equivalents (FTE).

COJAREC (Private Limited) - Waregem - BE0849816208

Dossier COJAREC, printed on 29 October 2026 from databakkes.be/en/0849816208/cojarec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2023

COJAREC from Waregem, company number BE0849816208, closed financial year 2023 with a result of € -74,591 after tax. For that financial year COJAREC recorded a gross margin of € 739,071 and equity of € 338,619. Compared with financial year 2022, the result moved from € 285,066 to € -74,591. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2024.

What it is worth Healthy

€ 338,619

▼ 47% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -74,591

▼ still € 285,066 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 254,406

▲ 6% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 320,019.

People and assets in 2023

Full-time equivalents

12.6

▲ 1 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 642,024

▲ 26% vs 2022

€ 51,000 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.

Vehicles and equipment

€ 319,040

▲ € 249,091 vs 2022

Of which on lease € 318,052.

Debts at end 2023

Bank debt ≈ 12 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 681,036

▲ € 611,633 vs 2022

€ 56,901 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 273,350

▼ 9% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 69,084

▲ 9% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	Change 2022 → 2023
Gross margin	€ 866,008 Gross margin 2021: € 866,008 First fiscal year in the series	€ 986,171 Gross margin 2022: € 986,171 ▲ 14% vs 2021 (€ 866,008) Favourable step	€ 739,071 Gross margin 2023: € 739,071 ▼ 25% vs 2022 (€ 986,171) Unfavourable step	▼ 25%
Profit after taxes	€ 184,298 Profit after taxes 2021: € 184,298 First fiscal year in the series	€ 285,066 Profit after taxes 2022: € 285,066 ▲ 55% vs 2021 (€ 184,298) Favourable step	€ -74,591 Profit after taxes 2023: € -74,591 ▼ € 359,658 vs 2022 (€ 285,066) Unfavourable step	▼ € 359,658
Equity	€ 548,144 Equity 2021: € 548,144 First fiscal year in the series	€ 633,210 Equity 2022: € 633,210 ▲ 16% vs 2021 (€ 548,144) Favourable step	€ 338,619 Equity 2023: € 338,619 ▼ 47% vs 2022 (€ 633,210) Unfavourable step	▼ 47%
Total debts	€ 301,955 Total debts 2021: € 301,955 First fiscal year in the series	€ 493,995 Total debts 2022: € 493,995 ▲ 64% vs 2021 (€ 301,955) Unfavourable step	€ 1,211,099 Total debts 2023: € 1,211,099 ▲ 145% vs 2022 (€ 493,995) Unfavourable step	▲ 145%
Cash	€ 116,579 Cash 2021: € 116,579 First fiscal year in the series	€ 239,008 Cash 2022: € 239,008 ▲ 105% vs 2021 (€ 116,579) Favourable step	€ 254,406 Cash 2023: € 254,406 ▲ 6% vs 2022 (€ 239,008) Favourable step	▲ 6%
Land & buildings	-	-	€ 84,741 Land & buildings 2023: € 84,741 First fiscal year in the series
Retained profit	€ 529,544 Retained profit 2021: € 529,544 First fiscal year in the series	€ 614,610 Retained profit 2022: € 614,610 ▲ 16% vs 2021 (€ 529,544) Favourable step	€ 320,019 Retained profit 2023: € 320,019 ▼ 48% vs 2022 (€ 614,610) Unfavourable step	▼ 48%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 200,000 Dividend 2022: € 200,000 Unchanged (€ 0) Unchanged	€ 220,000 Dividend 2023: € 220,000 ▲ 10% vs 2022 (€ 200,000) Unchanged	▲ 10%
Bank debt	€ 113,380 Bank debt 2021: € 113,380 First fiscal year in the series	€ 69,403 Bank debt 2022: € 69,403 ▼ 39% vs 2021 (€ 113,380) Favourable step	€ 681,036 Bank debt 2023: € 681,036 ▲ € 611,633 vs 2022 (€ 69,403) Unfavourable step	▲ € 611,633
Balance sheet total	€ 870,812 Balance sheet total 2021: € 870,812 First fiscal year in the series	€ 1,151,063 Balance sheet total 2022: € 1,151,063 ▲ 32% vs 2021 (€ 870,812) Unchanged	€ 1,568,299 Balance sheet total 2023: € 1,568,299 ▲ 36% vs 2022 (€ 1,151,063) Unchanged	▲ 36%
Employees (FTE)	11.6 Employees (FTE) 2021: 11.6 First fiscal year in the series	11.6 Employees (FTE) 2022: 11.6 Unchanged (11.6) Unchanged	12.6 Employees (FTE) 2023: 12.6 ▲ 1 vs 2022 (11.6) Unchanged	▲ 1

Key figures of COJAREC, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to COJAREC?

What happened at COJAREC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

COJAREC is active according to the CBE. Legal situation: Opening faillissement.

Jul 31, 2024 New annual accounts for financial year 2023: loss of € 74,591 (▼ € 359,658 vs 2022). Source: NBB ↗
2024 Marie Friberg stepped down as director. NBB
2024 Michiel Kenis stepped down as director. NBB
2022 Philippe Lenssen became a director. NBB
2022 Marie Friberg became a director. NBB
Oct 23, 2012 New establishment in Waregem. KBO
2012 Michiel Kenis became a director. NBB
Oct 5, 2012 Start of the company according to the CBE. KBO

In short

From € 184,298 profit in 2021 to € 74,591 loss in 2023.

Paid € 137,605 in corporate taxes since 2021.

Best year ever: 2022, with € 285,066 profit.

On average € 58,700 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

COJAREC HOLDINGS 100%

The stake of COJAREC HOLDINGS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

COJAREC

Behind COJAREC is Philippe Lenssen. The shares are held by COJAREC HOLDINGS (100%).

Directors

According to the 2023 annual accounts

Philippe Lenssen

Director

since 2022

Marie Friberg

Director

Also active at: MEMLINC HOTEL, MEMLINC SHOPS

since 2022 · until 2024

Michiel Kenis

Director

since 2012 · until 2024

Shareholders

COJAREC HOLDINGS

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Emiel Clausstraat 91

8793 Waregem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0849.816.208

VAT number

BE 0849.816.208

Registered office

Emiel Clausstraat 91, 8793 Waregem

Names & denominations

COJAREC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Opening faillissement

Start date

5 October 2012

Peppol

Not registered

Activities · NACE

Terugwinning van materialen uit afval

Terugwinning van overig gesorteerd afval

View on CBE Public ↗ Annual accounts (NBB) ↗

COJAREC

Warning lights

Financials

What happened to COJAREC?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions