COENEN CONSTRUCT
Annual accounts 2025
abbreviated format, filed on 28-07-2026, 3 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €490,000. Estimated: probably between €330,000 and €760,000.
Balance sheet
balance sheet total €409,763 on 31-12-2025in euro
in euro
Position in the sector
53.4%
Higher than 65% of 2,818 companies in 2025.
2.98
Higher than 77% of 2,746 companies in 2025.
18.7%
Higher than 84% of 2,782 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
409,763 | 208,929 | 190,564 | 143,543 | 90,174 | |
21/28 |
205,843 | 93,739 | 77,353 | 28,276 | 28,096 | |
22/27 |
195,843 | 93,739 | 77,353 | 28,276 | 28,096 | |
22 |
32,250 | - | - | - | - | |
23 |
72,215 | 9,005 | 11,491 | 10,871 | 9,275 | |
24 |
31,022 | 45,663 | 60,304 | 8,189 | 5,946 | |
25 |
26,295 | 35,871 | 5,558 | 9,216 | 12,875 | |
27 |
34,061 | 3,200 | - | - | - | |
28 |
10,000 | - | - | - | - | |
29/58 |
203,920 | 115,190 | 113,211 | 115,267 | 62,078 | |
3 |
- | - | - | - | 1,083 | |
30/36 |
- | - | - | - | 1,083 | |
40/41 |
73,631 | 64,298 | 49,360 | 44,374 | 32,788 | |
40 |
10,000 | 38,151 | 27,472 | 29,090 | 23,765 | |
41 |
63,631 | 26,147 | 21,888 | 15,284 | 9,023 | |
54/58 |
119,933 | 42,016 | 56,389 | 66,634 | 25,664 | |
490/1 |
10,356 | 8,875 | 7,462 | 4,259 | 2,543 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
409,763 | 208,929 | 190,564 | 143,543 | 90,174 | |
10/15 |
218,946 | 142,387 | 112,142 | 97,122 | 64,013 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
14 |
208,946 | 132,387 | 102,142 | 87,122 | 54,013 | |
17/49 |
190,817 | 66,542 | 78,422 | 46,422 | 26,161 | |
17 |
122,230 | 34,794 | 23,416 | 3,000 | 7,474 | |
170/4 |
122,230 | 34,794 | 23,416 | 3,000 | 7,474 | |
42/48 |
68,410 | 31,748 | 55,006 | 43,421 | 18,688 | |
42 |
32,252 | 17,037 | 12,644 | 4,473 | 4,389 | |
44 |
8,519 | 4,882 | 25,275 | 17,317 | 1,999 | |
440/4 |
8,519 | 4,882 | 25,275 | 17,317 | 1,999 | |
45 |
17,309 | 9,829 | 17,088 | 21,631 | 12,300 | |
450/3 |
17,309 | 9,829 | 17,088 | 21,631 | 12,300 | |
47/48 |
10,329 | - | - | - | - | |
492/3 |
177 | - | - | - | - | |
| Income statement | ||||||
76A |
0 | 1,880 | - | - | - | |
9900 |
137,682 | 61,256 | 45,296 | 50,774 | 78,091 | |
630 |
35,483 | 20,934 | 16,819 | 8,239 | 10,191 | |
640/8 |
1,228 | 1,007 | 918 | 613 | 1,299 | |
66A |
357 | 0 | 5,362 | - | - | |
9901 |
100,614 | 39,315 | 22,197 | 41,923 | 66,601 | |
75/76B |
1,203 | 1,143 | 845 | 73 | 153 | |
75 |
1,203 | 1,143 | 845 | 73 | 153 | |
65/66B |
4,024 | 2,086 | 1,633 | 310 | 679 | |
65 |
4,024 | 2,086 | 1,633 | 310 | 679 | |
9903 |
97,794 | 38,372 | 21,409 | 41,686 | 66,074 | |
67/77 |
21,236 | 8,126 | 6,389 | 8,577 | 12,061 | |
9904 |
76,558 | 30,246 | 15,020 | 33,109 | 54,013 | |
9905 |
76,558 | 30,246 | 15,020 | 33,109 | 54,013 | |
| Appropriation of the result | ||||||
9906 |
208,946 | 132,387 | 102,142 | 87,122 | 54,013 | |
14P |
132,387 | 102,142 | 87,122 | 54,013 | - | |
| Social balance sheet | ||||||
9087 |
0 | - | - | - | - | |
| Document | ||||||
The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-07-2026 | 2026-00354252 | |
| 31-12-2024 | micro format | 15-07-2025 | 2025-00274651 | |
| 31-12-2023 | micro format | 18-07-2024 | 2024-00262174 | |
| 31-12-2022 | micro format | 17-07-2023 | 2023-00244664 | |
| 31-12-2021 | micro format | 20-07-2022 | 2022-20202846 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 136,097 | 60,249 | 39,016 | 50,161 | 76,792 | ||
| 112,041 | 51,179 | 31,839 | 41,347 | 64,204 | ||
| 151,143 | 42,878 | 65,896 | 8,419 | 35,471 | ||
| 77,917 | -14,373 | -10,245 | 40,970 | - | ||
| 135,510 | 83,442 | 58,204 | 71,846 | 43,391 | ||
| 53.4% | 68.2% | 58.8% | 67.7% | 71.0% | ||
| 2.98 | 3.63 | 2.06 | 2.65 | 3.32 | ||
| 2.98 | 3.63 | 2.06 | 2.65 | 3.26 | ||
| 0.87 | 0.47 | 0.70 | 0.48 | 0.41 | ||
| 35.0% | 21.2% | 13.4% | 34.1% | 84.4% | ||
| 18.7% | 14.5% | 7.9% | 23.1% | 59.9% | ||
| 33.82 | 28.88 | 23.90 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €141,143 | €42,878 | €65,896 | €8,419 | €35,471 |
| Financial fixed assets | €10,000 | - | - | - | - |
| €35,483 | €20,934 | €16,819 | €8,239 | €10,191 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on COENEN CONSTRUCT
The operating result for 2025 is 156% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 31.8% to 46.6%. Equity and debt are higher.