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COEMAN PACKAGING

Active
Public limited companyfounded 198541 yrs activeTextielstraat 17, 8790 Waregem, BelgiumKBO/BCE: BE 0427.761.090
Summary

COEMAN PACKAGING has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.2m and a net result of €6.0m. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 73% of 5046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency92▼-8
Growth49▼-16
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,300,000 at 30 days acceptable
Liquidity ample (current ratio 3.06 against 6.4 in 2024; short-term debt: 27.7% and cash: 3.1% of total assets), and 33.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 41 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
66.7%
Return on assets
24.5%
Age of the figures
18 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-09-2025, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 d early
2024
36 d early
2023
33 d early
2022
133 d early
2021
41 d early
2020
32 d early
2019
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 50 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 September 1985, COEMAN PACKAGING was incorporated.1 Revenue went from EUR 29 million in 2019 to EUR 29 million in 2025 and headcount from 27.7 to 18.4 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
€29.0m▼ 10.1%
2024 · €32.3m
EBIT margin
25.1%▲ 0.4pp
2024 · 24.7%
Net result
€6.0m▼ 6.5%
2024 · €6.4m
Working capital
€13.8m▼ 7.2%
2024 · €14.9m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€27.4m▼ 5.9%€37.1m▲ 35.4%€39.4m▲ 6.0%€32.3m▼ 18.1%€29.0m▼ 10.1%
Operating result€4.5m▲ 61.0%€7.2m▲ 60.0%€7.6m▲ 4.7%€8.0m▲ 4.9%€7.3m▼ 8.7%
Net result€3.4mabove the sector's middle half▲ 69.2%€5.4mabove the sector's middle half▲ 60.7%€5.6mabove the sector's middle half▲ 3.5%€6.4mabove the sector's middle half▲ 13.1%€6.0mabove the sector's middle half▼ 6.5%
EBIT margin16.5%▲ 6.9pp19.5%▲ 3.0pp19.3%▼ 0.3pp24.7%▲ 5.4pp25.1%▲ 0.4pp
Equity€21.6mabove the sector's middle half▲ 18.6%€27.1mabove the sector's middle half▲ 25.2%€13.8mabove the sector's middle half▼ 49.2%€17.0mabove the sector's middle half▲ 23.8%€16.2mabove the sector's middle half▼ 4.7%
Total assets€24.6mabove the sector's middle half▲ 18.7%€31.5mabove the sector's middle half▲ 27.9%€18.3mabove the sector's middle half▼ 42.0%€21.2mabove the sector's middle half▲ 15.9%€24.3mabove the sector's middle half▲ 14.9%
Debt€2.9m▲ 20.5%€4.4m▲ 48.7%€4.5m▲ 2.6%€4.1m▼ 8.4%€8.1m▲ 96.6%
Working capital€20.1mabove the sector's middle half▲ 20.8%€25.6mabove the sector's middle half▲ 27.4%€11.7mabove the sector's middle half▼ 54.2%€14.9mabove the sector's middle half▲ 27.1%€13.8mabove the sector's middle half▼ 7.2%
Solvency87.9%above the sector's middle half▼ 0.1pp86.0%above the sector's middle half▼ 1.9pp75.2%above the sector's middle half▼ 10.7pp80.4%above the sector's middle half▲ 5.2pp66.7%within the sector's middle half▼ 13.7pp
Current ratio7.86above the sector's middle half▲ 0.016.89above the sector's middle half▼ 0.964.71above the sector's middle half▼ 2.186.40above the sector's middle half▲ 1.693.06within the sector's middle half▼ 3.35
Return on assets (ROA)13.8%above the sector's middle half▲ 4.1pp17.3%above the sector's middle half▲ 3.5pp30.8%above the sector's middle half▲ 13.5pp30.1%above the sector's middle half▼ 0.7pp24.5%above the sector's middle half▼ 5.6pp
Staff (FTE)24.4within the sector's middle half▼ 6.2%21.9within the sector's middle half▼ 10.2%20within the sector's middle half▼ 8.7%17.9within the sector's middle half▼ 10.5%18.4within the sector's middle half▲ 2.8%
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€2.0m€4.0m€6.0m€8.0mOperating result 2021: €4.5m€4.5mNet result 2021: €3.4m€3.4mOperating result 2022: €7.2m€7.2mNet result 2022: €5.4m€5.4mOperating result 2023: €7.6m€7.6mNet result 2023: €5.6m€5.6mOperating result 2024: €8.0m€8.0mNet result 2024: €6.4m€6.4mOperating result 2025: €7.3m€7.3mNet result 2025: €6.0m€6.0m20212022202320242025€0€2m€4m€6m€8mOperating result 2023: €7.6m€7.6mNet result 2023: €5.6m€5.6mOperating result 2024: €8.0m€8mNet result 2024: €6.4m€6.4mOperating result 2025: €7.3m€7.3mNet result 2025: €6.0m€6m202320242025
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24.3m
Fixed assets €3.8m ▲ 6.9%
Current assets €20.6m ▲ 16.5%
Equity and liabilities €24.3m
Equity €16.2m ▼ 4.7%
Provisions €48,730 ▼ 14.8%
Debt €8.1m ▲ 96.6%
Debt's share of the balance-sheet total rises from 19.4% to 33.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7.3m▼
2024 · €8.0m
Cash flow
€6.0m▼
2024 · €6.4m
Quick ratio
2.54▼
2024 · 5.07
Debt to equity
0.50▲
2024 · 0.24
ROE
36.7%▼
2024 · 37.4%
Interest coverage
82.07▼
2024 · 92.31
Debt ≤ 1 year
€6.7m▲
2024 · €2.8m
Debt > 1 year
€1.3m=
2024 · €1.3m
Income taxes
€1.9m▼
2024 · €2.2m
Staff costs
€1.8m▼
2024 · €1.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,129 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 92 lines
Balance sheet Code20242025
Assets
Total assets20/58€21.2m€24.3m▲
Fixed assets21/28€3.5m€3.8m▲
Tangible fixed assets22/27€104,657€97,591▼
Land and buildings22-€1,871
Plant, machinery and equipment23€89,300€81,995▼
Furniture and vehicles24€15,357€13,725▼
Financial fixed assets28€3.4m€3.7m▲
Affiliated companies280/1€3.4m€3.7m▲
Participating interests280€3.4m€3.7m▲
Other financial fixed assets284/8€658€808▲
Amounts receivable and cash guarantees285/8€658€808▲
Current assets29/58€17.7m€20.6m▲
Stocks and contracts in progress3€3.7m€3.5m▼
Stocks30/36€3.7m€3.5m▼
Goods purchased for resale34€3.7m€3.5m▼
Amounts receivable within one year40/41€5.9m€5.5m▼
Trade receivables40€5.9m€4.9m▼
Other amounts receivable41€4,646€520,978▲
Current investments50/53€7.1m€10.8m▲
Other investments51/53€7.1m€10.8m▲
Cash at bank and in hand54/58€939,873€746,476▼
Deferred charges and accrued income490/1€100,781€102,898▲
Equity and liabilities
Total equity and liabilities10/49€21.2m€24.3m▲
Equity10/15€17.0m€16.2m▼
Contributions10/11€744,335€744,335=
Capital10€744,335€744,335=
Issued capital100€744,335€744,335=
Reserves13€8.7m€5.7m▼
Non-distributable reserves130/1€74,434€74,434=
Legal reserve130€74,434€74,434=
Tax-exempt reserves132€3.5m€2.7m▼
Distributable reserves133€5.2m€2.9m▼
Profit (loss) carried forward14€7.6m€9.8m▲
Provisions and deferred taxes16€57,191€48,730▼
Provisions for liabilities and charges160/5€57,191€48,730▼
Other liabilities and charges164/5€57,191€48,730▼
Amounts payable17/49€4.1m€8.1m▲
Amounts payable after more than one year17€1.3m€1.3m=
Financial debts170/4€1.3m€1.3m=
Other loans174€1.3m€1.3m=
Amounts payable within one year42/48€2.8m€6.7m▲
Financial debts43€337,891€337,613▼
Credit institutions430/8€337,891€337,613▼
Trade debts44€1.5m€1.2m▼
Suppliers440/4€1.5m€1.2m▼
Advances received on contracts in progress46€79,958€39,344▼
Taxes, remuneration and social security45€752,834€617,584▼
Taxes450/3€434,107€333,782▼
Remuneration and social security454/9€318,728€283,803▼
Other amounts payable47/48€116,550€4.5m▲
Accrued charges and deferred income492/3€41,383€28,114▼
Income statement Code20242025
Operating income70/76A€32.4m€29.3m▼
Turnover70€32.3m€29.0m▼
Other operating income74€100,673€101,222▲
Non-recurring operating income76A-€168,492
Operating charges60/66A€24.4m€22.0m▼
Goods for resale, raw materials and consumables60€19.8m€17.4m▼
Purchases600/8€18.8m€17.2m▼
Change in stocks: decrease (increase)609€1.1m€188,000▼
Services and other goods61€2.7m€2.8m▲
Remuneration, social security and pensions62€1.8m€1.8m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,874€32,982▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4,370
Provisions for liabilities and charges: additions (uses and reversals)635/8€3,248-€8,462▼
Other operating charges640/8€19,364€30,594▲
Non-recurring operating charges66A€0€250▲
Operating profit (loss)9901€8.0m€7.3m▼
Financial income75/76B€677,424€687,909▲
Recurring financial income75€677,424€687,909▲
Income from financial fixed assets750€450,069€355,055▼
Income from current assets751€182,063€301,711▲
Other financial income752/9€45,292€31,143▼
Financial charges65/66B€101,410€104,611▲
Recurring financial charges65€101,410€104,611▲
Debt charges650€86,593€88,966▲
Other financial charges652/9€14,816€15,645▲
Profit (loss) for the period before taxes9903€8.5m€7.9m▼
Income taxes67/77€2.2m€1.9m▼
Taxes670/3€2.2m€1.9m▼
Profit (loss) for the period9904€6.4m€6.0m▼
Transfer from tax-exempt reserves789€1.2m€807,196▼
Profit (loss) for the period to be appropriated9905€7.6m€6.8m▼
Appropriation of the result
Profit (loss) to be appropriated9906€7.6m€14.3m▲
Profit (loss) brought forward from the previous period14P-€7.6m
Transfer from equity791/2€3.1m€2.3m▼
From reserves792€3.1m€2.3m▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€3.1m€6.8m▲
Return on contributions (dividend)694€3.1m€6.8m▲
Employees696-€12,978
Social balance
Average headcount (FTE)908717.918.4▲

The notes to these accounts (70 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€37.2m€39.5m€32.4m€29.3m▼ 9.6%
Turnover70€27.4m€37.1m€39.4m€32.3m€29.0m▼ 10.1%
Other operating income74-€126,411€95,487€100,673€101,222▲ 0.5%
Non-recurring operating income76A----€168,492-
Operating charges60/66A-€30.0m€31.9m€24.4m€22.0m▼ 9.8%
Goods for resale, raw materials and consumables60-€26.0m€27.4m€19.8m€17.4m▼ 12.3%
Purchases600/8-€27.9m€26.7m€18.8m€17.2m▼ 8.3%
Change in stocks: decrease (increase)609--€1.9m€737,867€1.1m€188,000▼ 82.2%
Services and other goods61-€2.1m€2.5m€2.7m€2.8m▲ 2.2%
Remuneration, social security and pensions62-€1.8m€1.8m€1.8m€1.8m▼ 1.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84,884€21,865€17,712€32,874€32,982▲ 0.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€4,370-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€7,026-€6,720€3,248-€8,462▼ 360%
Other operating charges640/8-€69,048€32,929€19,364€30,594▲ 58.0%
Non-recurring operating charges66A--€36,965€0€250-
Operating profit (loss)9901€4.5m€7.2m€7.6m€8.0m€7.3m▼ 8.7%
Financial income75/76B-€50,350€51,576€677,424€687,909▲ 1.5%
Recurring financial income75€57,823€50,350€51,576€677,424€687,909▲ 1.5%
Income from financial fixed assets750---€450,069€355,055▼ 21.1%
Income from current assets751-€19,483€36,976€182,063€301,711▲ 65.7%
Other financial income752/9-€30,867€14,600€45,292€31,143▼ 31.2%
Financial charges65/66B-€46,963€78,900€101,410€104,611▲ 3.2%
Recurring financial charges65€28,099€46,963€78,900€101,410€104,611▲ 3.2%
Debt charges650--€45,543€86,593€88,966▲ 2.7%
Other financial charges652/9-€46,963€33,357€14,816€15,645▲ 5.6%
Profit (loss) for the period before taxes9903€4.6m€7.3m€7.6m€8.5m€7.9m▼ 8.0%
Income taxes67/77€1.2m€1.8m€1.9m€2.2m€1.9m▼ 12.6%
Taxes670/3-€1.8m€1.9m€2.2m€1.9m▼ 12.6%
Profit (loss) for the period9904€3.4m€5.4m€5.6m€6.4m€6.0m▼ 6.5%
Transfer from tax-exempt reserves789-€845,209€605,142€1.2m€807,196▼ 32.6%
Transfer to tax-exempt reserves689-€2.0m€0---
Profit (loss) for the period to be appropriated9905€2.1m€4.3m€6.2m€7.6m€6.8m▼ 10.6%
Line20212022202320242025Change
Assets
Total assets20/58€24.6m€31.5m€18.3m€21.2m€24.3m▲ 14.9%
Fixed assets21/28€1.6m€1.5m€3.4m€3.5m€3.8m▲ 6.9%
Intangible fixed assets21€5,486€1,620€0---
Tangible fixed assets22/27€48,779€17,226€103,179€104,657€97,591▼ 6.8%
Land and buildings22----€1,871-
Plant, machinery and equipment23-€12,618€83,226€89,300€81,995▼ 8.2%
Furniture and vehicles24-€4,607€19,953€15,357€13,725▼ 10.6%
Financial fixed assets28€1.5m€1.5m€3.3m€3.4m€3.7m▲ 7.3%
Affiliated companies280/1-€1.5m€3.3m€3.4m€3.7m▲ 7.3%
Participating interests280-€1.5m€3.3m€3.4m€3.7m▲ 7.3%
Other financial fixed assets284/8-€658€658€658€808▲ 22.8%
Amounts receivable and cash guarantees285/8-€658€658€658€808▲ 22.8%
Current assets29/58€23.1m€30.0m€14.9m€17.7m€20.6m▲ 16.5%
Stocks and contracts in progress3€3.5m€5.5m€4.7m€3.7m€3.5m▼ 5.1%
Stocks30/36-€5.5m€4.7m€3.7m€3.5m▼ 5.1%
Goods purchased for resale34-€5.5m€4.7m€3.7m€3.5m▼ 5.1%
Amounts receivable within one year40/41€5.9m€6.8m€6.4m€5.9m€5.5m▼ 7.5%
Trade receivables40-€6.8m€6.4m€5.9m€4.9m▼ 16.3%
Other amounts receivable41-€22,666€1,721€4,646€520,978▲ 11,113%
Current investments50/53€6.6m€8.1m€1.5m€7.1m€10.8m▲ 52.9%
Other investments51/53-€8.1m€1.5m€7.1m€10.8m▲ 52.9%
Cash at bank and in hand54/58€6.9m€9.5m€2.1m€939,873€746,476▼ 20.6%
Deferred charges and accrued income490/1-€103,348€96,962€100,781€102,898▲ 2.1%
Equity and liabilities
Total equity and liabilities10/49€24.6m€31.5m€18.3m€21.2m€24.3m▲ 14.9%
Equity10/15€21.6m€27.1m€13.8m€17.0m€16.2m▼ 4.7%
Contributions10/11€744,335€744,335€744,335€744,335€744,335=
Capital10-€744,335€744,335€744,335€744,335=
Issued capital100-€744,335€744,335€744,335€744,335=
Reserves13€20.9m€26.4m€13.0m€8.7m€5.7m▼ 35.1%
Non-distributable reserves130/1-€74,434€74,434€74,434€74,434=
Legal reserve130-€74,434€74,434€74,434€74,434=
Tax-exempt reserves132-€5.3m€4.7m€3.5m€2.7m▼ 23.3%
Distributable reserves133-€21.0m€8.3m€5.2m€2.9m▼ 43.5%
Profit (loss) carried forward14€1.1m--€7.6m€9.8m▲ 29.8%
Provisions and deferred taxes16€53,637€60,663€53,943€57,191€48,730▼ 14.8%
Provisions for liabilities and charges160/5-€60,663€53,943€57,191€48,730▼ 14.8%
Other liabilities and charges164/5-€60,663€53,943€57,191€48,730▼ 14.8%
Amounts payable17/49€2.9m€4.4m€4.5m€4.1m€8.1m▲ 96.6%
Amounts payable after more than one year17--€1.3m€1.3m€1.3m=
Financial debts170/4--€1.3m€1.3m€1.3m=
Other loans174--€1.3m€1.3m€1.3m=
Amounts payable within one year42/48€2.9m€4.3m€3.2m€2.8m€6.7m▲ 144%
Financial debts43---€337,891€337,613▼ 0.1%
Credit institutions430/8---€337,891€337,613▼ 0.1%
Trade debts44€1.3m€2.8m€2.0m€1.5m€1.2m▼ 15.8%
Suppliers440/4-€2.8m€2.0m€1.5m€1.2m▼ 15.8%
Advances received on contracts in progress46-€192,820€157,840€79,958€39,344▼ 50.8%
Taxes, remuneration and social security45-€887,848€1.0m€752,834€617,584▼ 18.0%
Taxes450/3-€537,764€677,352€434,107€333,782▼ 23.1%
Remuneration and social security454/9-€350,084€346,484€318,728€283,803▼ 11.0%
Other amounts payable47/48-€475,000€0€116,550€4.5m▲ 3,761%
Accrued charges and deferred income492/3-€15,990€18,948€41,383€28,114▼ 32.1%
Line20212022202320242025Change
Profit (loss) for the period9904€3.4m€5.4m€5.6m€6.4m€6.0m▼ 6.5%
+ Depreciation and write-downs630€84,884€21,865€17,712€32,874€32,982▲ 0.3%
Operating cash flow (approximation)€3.5m€5.5m€5.7m€6.4m€6.0m▼ 6.4%
Investment in fixed assets (approximation)-€14,759-€1.9m-€150,902-€275,028▼ 82.3%
Change in cash-€2.6m-€7.4m-€1.2m-€193,396▲ 83.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
26-09
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2024
25-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial Highest result since 2019net €6.4m ▲13.1%
Operating result €8.0m, net result €6.4m, both a record.
2023
28-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2022
20-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial Equity above €25mEq €27.1m ▲25.2%
4 profitable years in a row build equity to €27.1m.
2021
20-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2020
29-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial Weakest financial yearnet €2.0m ▼18.4%
Net result drops to €2.0m, the lowest in the series; recovery starts the following year.
2019
23-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2018
25-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
18-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
19-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 22 acts read
About the unread acts

We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
22 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 1985
seat establishment The establishment unit on the map
Ground area
1.6 ha
Building footprint
8,460 m²
Volume, LiDAR
83,151 m³
Parcel 34453F0309/00M000, Flanders · tallest building 16.6 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
COEMAN PACKAGING NV
Textielstraat 17, 8790 WaregemRepair and maintenance of machinery
since 19852.027.826.669
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34453F0309/00M000 Flanders 1.6 ha 1 · 8,460 m² 16.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group CREAFUND 26 companies Group, risk and exposure

Owners and holdings

1 owner · 1 holding

Chain of control

  1. CREAFUND 65.06%
  2. SCOTCHA 90%
  3. COEMAN TRADING 100%
  4. COEMAN PACKAGING

Highest known parent: CREAFUND. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the annual accounts to 31-03-2025 of COEMAN PACKAGING and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 5 entries · 2,667 EUR awarded · 2,279 EUR paid
Year Entries awardedpaid
2025 1 484 EUR230 EUR
2024 1 492 EUR466 EUR
2023 2 998 EUR1,010 EUR
2022 1 693 EUR573 EUR
Schemes
4 entries · 2,032 EUR · 1,644 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 635 EUR · 635 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 432 companies in sector 46869 we hold annual accounts for 244. 82 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded27-09-1985
Fiscal year end31-03
Activities, NACEBEL 2025
46869Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0427761090
Also 9925:BE0427761090

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.