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 42 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
COSUCRA - GROUPE WARCOING from Pecq, company number BE0883812926, closed financial year 2026 with a result of € 3.3 million after tax. For that financial year COSUCRA - GROUPE WARCOING recorded revenue of € 150.5 million and equity of € 119.5 million. Compared with financial year 2025, the result moved from € 7.3 million to € 3.3 million. 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 October 5, 2026.
€ 119.5 million
▲ 2% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.3 million
▼ 54% vs 2025
Profit after tax over the fiscal year.
€ 1.6 million
▲ 2% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 1.3 million paid out
38 % of the profit went to the shareholders, mostly to WARCOING HOLDING (83 % of the shares). That is where the money ends up.
People and assets in 2026
368.2
▲ 50.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 29.5 million
▲ 13% vs 2025
€ 80,200 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.
€ 1.6 million
▼ 8% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 77.2 million
▲ 43% vs 2025
€ 11.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 27 million
▲ 11% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 89 days on average.
€ 6.1 million
▲ 4% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 146,471,366 | € 125,122,431 | € 140,791,383 | € 150,476,184 | ▲ 7% |
| Profit after taxes | € 3,836,085 | € 1,892,592 | € 7,290,711 | € 3,331,594 | ▼ 54% |
| Equity | € 67,407,592 | € 113,169,053 | € 117,705,811 | € 119,474,391 | ▲ 2% |
| Total debts | € 102,104,406 | € 79,199,882 | € 95,357,334 | € 121,559,431 | ▲ 27% |
| Cash | € 2,239,592 | € 1,780,182 | € 1,526,390 | € 1,553,564 | ▲ 2% |
| Land & buildings | € 12,162,250 | € 12,476,573 | € 12,886,769 | € 15,044,508 | ▲ 17% |
| Retained profit | € 39,098,515 | € 40,296,925 | € 45,246,513 | € 47,312,304 | ▲ 5% |
| Dividend | € 1,250,502 | € 694,182 | € 2,341,123 | € 1,265,804 | ▼ 46% |
| Bank debt | € 66,442,200 | € 47,444,268 | € 54,040,466 | € 77,192,384 | ▲ 43% |
| Balance sheet total | € 171,063,949 | € 193,920,885 | € 214,615,095 | € 241,033,821 | ▲ 12% |
| Employees (FTE) | 340.1 | 325.3 | 318.1 | 368.2 | ▲ 50.1 |
Key figures of COSUCRA - GROUPE WARCOING, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to COSUCRA - GROUPE WARCOING?
What happened at COSUCRA - GROUPE WARCOING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- AMOREL Srl stepped down as director. NBB
- SPARAXIS stepped down as director. NBB
- CACHAMAS SRL stepped down as director. NBB
- Sofiprotéol stepped down as director. NBB
- Gilles CRAHAY stepped down as director. NBB
- PARGECO SRL stepped down as director. NBB
- Jeremy Burks stepped down as director. NBB
- FITS SRL stepped down as director. NBB
In short
From € 3.8 million profit in 2023 to € 3.3 million profit in 2026.
Paid € 705,150 in corporate taxes since 2023.
Best year ever: 2025, with € 7.3 million profit.
Paid out € 5.6 million in dividends to the owners in total.
Management
The stake of WARCOING HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COSUCRA - GROUPE WARCOINGThe shares are held by WARCOING HOLDING (83.3%). It owns 100% of Cosucra Inc itself.
Directors
According to the 2026 annual accounts
Chairman of the board · represented by Emmanuel AMORY
since 2025 · until 2028
since 2024 · until 2027
Director · represented by Jean-Luc NONDONFAZ
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more
since 2025 · until 2028
Director · represented by Marie-Christine MOREELS
Also active at: fundoo, LA CONSULTATION COMMERCIALE, Société Immobilière Carolorégienne, ACSI, PARCOFIN, PARDIS, LOCK'O, PARGIMMO +61 more
since 2025 · until 2027
Jean-Christophe DEWAELE
Director
since 2023 · until 2026
Jeremy Burks
Director
since 2024 · until 2027
Gbo Engineering et Expertise SRL
Director · represented by Xavier Guében
Also active at: WARCOING HOLDING, EXEO CONSULT
since 2023 · until 2026
Managing director · represented by Eric BOSLY
Also active at: AGRIPORT DE PECQ, GO4PLANT, SEALED
since 2024 · until 2027
Claire-Noëlle THIENPONT
Director
since 2024 · until 2027
since 2025 · until 2028
Sofiprotéol
Director · represented by Luc OZANNE
since 2023 · until 2028
Shareholders
83.3%
Participations
Cosucra Inc
100%
Establishments
Establishment units
Physical locations of this company
Rue de la Sucrerie(WAR) 1
7740 Pecq
Rue de la Sucrerie(WAR) 3
7740 Pecq
Active since 1 November 1970
Route Fluviale 10
7740 Pecq
Active since 1 April 2007
Rue de la Sucrerie(WAR) 2
7740 Pecq
Active since 1 April 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0883.812.926
- VAT number
- BE 0883.812.926
- Registered office
- Rue de la Sucrerie(WAR) 1, 7740 Pecq
- Names & denominations
- COSUCRA - GROUPE WARCOING · COSUCRA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2006
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van zetmeel en zetmeelproducten
Verwerking en conservering van fruit, exclusief productie van diepgevroren fruit
Handelsbemiddeling in de groothandel in voedings- en genotmiddelen
Verwerking en conservering van groenten, exclusief productie van diepgevroren groenten
Groothandel in dranken, algemeen assortiment
Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten
Verwerking en conservering van fruit
Groothandel in dranken
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