Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
32 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
COMELOG INTERNATIONAL from Kortrijk, company number BE0878040931, closed financial year 2025 with a result of € -1.9 million after tax. For that financial year COMELOG INTERNATIONAL recorded revenue of € 62,000 and equity of € 4.5 million. Compared with financial year 2024, the result moved from € -2.2 million to € -1.9 million. 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 August 31, 2026.
€ 4.5 million
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.9 million
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 74,063
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 567,187.
People and assets in 2025
7.3
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 670,249
▼ 25% vs 2024
€ 91,800 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.
€ 54,603
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.6 million
▼ 1% vs 2024
€ 37,768 is repaid this year. At this pace the long-term loan is gone in ≈ 202 years.
€ 97,424
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 31 days on average.
€ 74,022
▼ 36% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 4,187,970 | € 902,250 | € 62,000 | ▼ 93% |
| Profit after taxes | € 1,512,426 | € -2,221,789 | € -1,883,347 | ▲ € 338,441 |
| Equity | € 6,673,837 | € 6,420,535 | € 4,537,187 | ▼ 29% |
| Total debts | € 2,871,222 | € 8,607,971 | € 9,000,749 | ▲ 5% |
| Cash | € 341,540 | € 166,146 | € 74,063 | ▼ 55% |
| Land & buildings | € 73,474 | € 33,550 | € 17,629 | ▼ 47% |
| Retained profit | € 2,703,837 | € 2,450,535 | € 567,187 | ▼ 77% |
| Dividend | € 625,000 | € 120,000 | € 0 | ▼ 100% |
| Bank debt | € 104,222 | € 7,684,777 | € 7,638,934 | ▼ 1% |
| Balance sheet total | € 9,545,058 | € 15,028,506 | € 13,537,936 | ▼ 10% |
| Employees (FTE) | 6.2 | 6.9 | 7.3 | ▲ 0.4 |
Key figures of COMELOG INTERNATIONAL, 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 COMELOG INTERNATIONAL?
What happened at COMELOG INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- OOSTDYCK CommV stepped down as director. NBB
- MARIE ESQUENET stepped down as director. NBB
- CREOS INVEST BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.9 million. filed late Source: NBB ↗
- OOSTDYCK CommV became a director. NBB
- MARIE ESQUENET became a director. NBB
- CREOS INVEST BV became a director. NBB
- New establishment in Kortrijk. KBO
In short
From € 1.5 million profit in 2022 to € 1.9 million loss in 2025.
Paid € 540,756 in corporate taxes since 2022.
Best year ever: 2022, with € 1.5 million profit.
Paid out € 745,000 in dividends to the owners in total.
A new publication or filing at COMELOG INTERNATIONAL? We notify you, reason included.
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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
It owns 100% of Metraco, 100% of Ti-Q OÜ - Fe Mottram OÜ, 100% of FE MOTTRAM LTD, 100% of Terametal SA and 100% of Eesti Titaan OÜ itself.
Directors
According to the 2025 annual accounts
MARIE ESQUENET
Director
since 2025 · until 2031
Director · represented by JULIEN ESQUENET
Also active at: METRACO, IGNIS FINANCE, JUST 14, IGNIS INVEST
since 2025 · until 2031
Managing director · represented by OLIVIER ESQUENET
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Spinnerijkaai(Kor) 45 box 203.
8500 Kortrijk
Spinnerijkaai(Kor) 45 box 203
8500 Kortrijk
Active since 15 June 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 32 companies are registered at this address.
All companies at this address →NIFIKA
€ 300,602 gross margin · 2025
AMECA
€ -211 gross margin · 2025
METRACO same network
€ 77.1 million revenue · 2025
KORTRIJK BUILDING PROJECTS
€ 61,132 gross margin · 2025
DOBER
€ 26,787 gross margin · 2025
+27 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0878.040.931
- VAT number
- BE 0878.040.931
- Registered office
- Spinnerijkaai(Kor) 45 bus 203., 8500 Kortrijk
- Names & denominations
- COMELOG INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2005
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Groothandel in metalen en metaalertsen
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