Financials
Financial year 2025
Coorevitsdemits from Gent, company number BE0887486652, closed financial year 2025 with a result of € 226,196 after tax. For that financial year Coorevitsdemits recorded a gross margin of € 342,355 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 157,105 to € 226,196. 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 3, 2025.
€ 2.2 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 226,196
▲ 44% vs 2024
Profit after tax over the fiscal year.
€ 324,172
▲ 25% 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 € 2.2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 171
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,580
▲ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 276,144 | € 223,093 | € 239,486 | € 342,355 | ▲ 43% |
| Profit after taxes | € 175,345 | € 104,648 | € 157,105 | € 226,196 | ▲ 44% |
| Equity | € 1,726,155 | € 1,830,803 | € 1,987,908 | € 2,214,104 | ▲ 11% |
| Total debts | € 507,037 | € 536,787 | € 528,476 | € 551,731 | ▲ 4% |
| Cash | € 288,234 | € 307,769 | € 258,455 | € 324,172 | ▲ 25% |
| Retained profit | € 1,647,195 | € 1,812,203 | € 1,969,308 | € 2,195,504 | ▲ 11% |
| Balance sheet total | € 2,233,192 | € 2,367,590 | € 2,516,384 | € 2,765,835 | ▲ 10% |
Key figures of Coorevitsdemits, fiscal years 2022 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 Coorevitsdemits?
What happened at Coorevitsdemits in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 226,196 (▲ 44% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Michael Coorevits became a director. NBB
- Sibbel De Mits became a director. NBB
In short
From € 175,345 profit in 2022 to € 226,196 profit in 2025.
Paid € 339,380 in corporate taxes since 2022.
Best year ever: 2025, with € 226,196 profit.
Management
Behind Coorevitsdemits are Michael Coorevits and Sibbel De Mits. It owns 93.5% of Westveld itself.
Directors
According to the 2025 annual accounts
Michael Coorevits
Director
since 2007
Sibbel De Mits
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Alfons Braeckmanlaan 202
9040 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0887.486.652
- VAT number
- BE 0887.486.652
- Registered office
- Alfons Braeckmanlaan 202, 9040 Gent
- Names & denominations
- Coorevitsdemits
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 2007
- Peppol
- Active · Active since 2 Jun 2025
- Activities · NACE
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