Financials
Financial year 2025
COXY-SPAR from Koksijde, company number BE0880880358, closed financial year 2025 with a result of € 724,701 after tax. For that financial year COXY-SPAR recorded a gross margin of € 2.5 million and equity of € 1.5 million. Compared with financial year 2023, the result moved from € 673,400 to € 724,701. Profitable, and profit is growing. 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 10, 2025.
€ 1.5 million
▲ 17% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 724,701
▲ 8% vs 2023
Profit after tax over the fiscal year.
€ 68,133
▼ 89% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
69 % of the profit went to the shareholders, mostly to VDC-INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2025
16.6
▼ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 59% vs 2023
€ 70,900 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
€ 226,714
▼ 45% vs 2023
€ 120,143 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 329,067
▲ 120% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 95,776
▲ 14% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,474,222 | € 1,490,307 | € 1,843,815 | € 2,460,485 | ▲ 33% |
| Profit after taxes | € 574,066 | € 534,346 | € 673,400 | € 724,701 | ▲ 8% |
| Equity | € 627,726 | € 632,072 | € 1,305,471 | € 1,530,172 | ▲ 17% |
| Total debts | € 1,477,200 | € 1,313,071 | € 642,406 | € 1,151,557 | ▲ 79% |
| Cash | € 506,799 | € 528,581 | € 595,191 | € 68,133 | ▼ 89% |
| Land & buildings | € 486,869 | € 460,690 | € 447,063 | € 412,631 | ▼ 8% |
| Retained profit | € 602,726 | € 607,072 | € 1,280,471 | € 1,505,172 | ▲ 18% |
| Dividend | € 570,000 | € 530,000 | € 0 | € 500,000 | |
| Bank debt | € 694,997 | € 535,978 | € 409,357 | € 226,714 | ▼ 45% |
| Balance sheet total | € 2,104,926 | € 1,945,142 | € 1,947,878 | € 2,681,729 | ▲ 38% |
| Employees (FTE) | 18.7 | 17.7 | 16.7 | 16.6 | ▼ 0.1 |
Key figures of COXY-SPAR, 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 COXY-SPAR?
What happened at COXY-SPAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 724,701 (▲ 8% vs 2023). Source: NBB ↗
- VDC-INVEST BV became a director. NBB
- VDC MARKET BV became a director. NBB
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 574,066 profit in 2021 to € 724,701 profit in 2025.
Paid € 485,520 in corporate taxes since 2021.
Best year ever: 2025, with € 724,701 profit.
On average € 148,200 of value added per employee in 2025.
Management
The stake of VDC-INVEST, VDC MARKET comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COXY-SPARBehind COXY-SPAR are VDC-INVEST BV and VDC MARKET BV. The shares are held by VDC-INVEST (100%) and VDC MARKET (100%).
Directors
According to the 2025 annual accounts
Director · represented by Hein VANDECASTEELE
Also active at: LAMBERT PRODUCTS, ARDECA, VDC-RETAIL, Virovios Spar, YPRA-SPAR
since 2025
since 2025
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Guido Gezelleplein(Kok) 4
8670 Koksijde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0880.880.358
- VAT number
- BE 0880.880.358
- Registered office
- Guido Gezelleplein(Kok) 4, 8670 Koksijde
- Names & denominations
- COXY-SPAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 2006
- Peppol
- Active · Active since 4 Jul 2024
- Contact
- [email protected] 0496/060641
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)