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Comeco

Active
Public limited companyfounded 197056 yrs activeJohn Lijsenstraat 55, 2321 Hoogstraten, BelgiumKBO/BCE: BE 0406.983.195
Summary

Comeco has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.4m and a net result of -€826,626. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 5071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability50▼-6
Solvency94▲+5
Growth33▼-3
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000,000 at 30 days acceptable
Liquidity ample (current ratio 2.33 against 1.99 in 2024; short-term debt: 30.8% and cash: 0.7% of total assets), and 30.9% 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 56 years 0 60 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
69.1%
Return on assets
-4%
Age of the figures
9 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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
21 d late
2024
12 d late
2023
27 d late
2022
25 d late
2021
17 d late
2020
26 d late
2019
27 d late
← 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 22 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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

Comeco was incorporated on 6 February 1970.1 Since 2024 the company has been called Comeco.2 The board currently has 4 members; Jos CLAEYS has served longest, since 2015.3 Revenue went from EUR 177 million in 2018 to EUR 175 million in 2025 and headcount from 80.8 to 83.6 full-time equivalents.4

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 10-01-2024
  3. 3Belgian State Gazette, 23-09-2021
  4. 4National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€175.0m▼ 16.5%
2024 · €209.5m
EBIT margin
-0.3%▼ 0.8pp
2024 · 0.4%
Net result
-€826,626
2024 · €566,596
Working capital
€8.5m▲ 0.6%
2024 · €8.5m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€163.0m▼ 13.4%€197.3m▲ 21.0%€238.9m▲ 21.1%€209.5m▼ 12.3%€175.0m▼ 16.5%
Operating result€2.2m▼ 48.0%€2.9m▲ 32.2%€5.3m▲ 81.8%€940,316▼ 82.1%-€536,781
Net result€1.5mabove the sector's middle half▼ 45.4%€1.9mabove the sector's middle half▲ 29.6%€3.9mabove the sector's middle half▲ 99.4%€566,596within the sector's middle half▼ 85.4%-€826,626below the sector's middle half
EBIT margin1.3%▼ 0.9pp1.5%▲ 0.1pp2.2%▲ 0.7pp0.4%▼ 1.8pp-0.3%▼ 0.8pp
Equity€21.3mabove the sector's middle half▲ 7.2%€23.2mabove the sector's middle half▲ 8.9%€27.1mabove the sector's middle half▲ 16.5%€15.3mabove the sector's middle half▼ 43.7%€14.4mabove the sector's middle half▼ 5.6%
Total assets€29.2mabove the sector's middle half▲ 6.0%€33.1mabove the sector's middle half▲ 13.5%€37.0mabove the sector's middle half▲ 11.8%€23.8mabove the sector's middle half▼ 35.5%€20.8mabove the sector's middle half▼ 12.7%
Debt€7.8m▲ 3.0%€9.8m▲ 26.0%€9.9m▲ 0.5%€8.6m▼ 13.4%€6.4m▼ 25.2%
Working capital€12.4mabove the sector's middle half▲ 26.8%€14.8mabove the sector's middle half▲ 19.4%€19.4mabove the sector's middle half▲ 31.0%€8.5mabove the sector's middle half▼ 56.3%€8.5mabove the sector's middle half▲ 0.6%
Solvency73.2%above the sector's middle half▲ 0.8pp70.2%above the sector's middle half▼ 3.0pp73.2%above the sector's middle half▲ 3.0pp64.0%within the sector's middle half▼ 9.2pp69.1%above the sector's middle half▲ 5.1pp
Current ratio2.59within the sector's middle half▲ 0.302.50within the sector's middle half▼ 0.082.96above the sector's middle half▲ 0.461.99within the sector's middle half▼ 0.972.33within the sector's middle half▲ 0.34
Return on assets (ROA)5.2%within the sector's middle half▼ 4.9pp5.9%within the sector's middle half▲ 0.7pp10.5%above the sector's middle half▲ 4.6pp2.4%within the sector's middle half▼ 8.1pp-4.0%below the sector's middle half▼ 6.3pp
Staff (FTE)89.3above the sector's middle half▲ 3.5%96.2above the sector's middle half▲ 7.7%95.7above the sector's middle half▼ 0.5%84.9above the sector's middle half▼ 11.3%83.6above the sector's middle half▼ 1.5%
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
-€2.0m€0€2.0m€4.0m€6.0mOperating result 2021: €2.2m€2.2mNet result 2021: €1.5m€1.5mOperating result 2022: €2.9m€2.9mNet result 2022: €1.9m€1.9mOperating result 2023: €5.3m€5.3mNet result 2023: €3.9m€3.9mOperating result 2024: €940,316€940,316Net result 2024: €566,596€566,596Operating result 2025: -€536,781-€536,781Net result 2025: -€826,626-€826,62620212022202320242025-€2m€0€2m€4m€6mOperating result 2023: €5.3m€5.3mNet result 2023: €3.9m€3.9mOperating result 2024: €940,316€940,000Net result 2024: €566,596€567,000Operating result 2025: -€536,781-€537,000Net result 2025: -€826,626-€827,000202320242025
The operating result turns negative in 2025: a loss of €536,781 after €940,316 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.8m
Fixed assets €5.9m ▼ 13.5%
Current assets €14.9m ▼ 12.3%
Equity and liabilities €20.8m
Equity €14.4m ▼ 5.6%
Provisions €23,885 ▲ 17.4%
Debt €6.4m ▼ 25.2%
Debt's share of the balance-sheet total falls from 35.9% to 30.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€868,680▼
2024 · €2.3m
Cash flow
€578,834▼
2024 · €2.0m
Quick ratio
2.30▲
2024 · 1.97
Debt to equity
0.45▼
2024 · 0.56
ROE
-5.7%▼
2024 · 3.7%
Interest coverage
72.50▼
2024 · 220.24
Debt ≤ 1 year
€6.4m▼
2024 · €8.6m
Income taxes
-€8,101▼
2024 · €223,296
Staff costs
€5.7m▲
2024 · €5.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 823 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
2.9% stopped otherwise
96% still going

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 823 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 · 88 lines
Balance sheet Code20242025
Assets
Total assets20/58€23.8m€20.8m▼
Fixed assets21/28€6.8m€5.9m▼
Intangible fixed assets21€2,814€2,212▼
Tangible fixed assets22/27€6.8m€5.9m▼
Land and buildings22€3.8m€3.2m▼
Plant, machinery and equipment23€2.9m€2.6m▼
Furniture and vehicles24€74,008€47,172▼
Financial fixed assets28€1,500€1,500=
Other financial fixed assets284/8€1,500€1,500=
Amounts receivable and cash guarantees285/8€1,500€1,500=
Current assets29/58€17.0m€14.9m▼
Stocks and contracts in progress3€156,811€166,093▲
Stocks30/36€156,811€166,093▲
Raw materials and consumables30/31€101,913€77,688▼
Work in progress32€22,831€16,452▼
Finished goods33€32,067€71,953▲
Amounts receivable within one year40/41€16.9m€14.6m▼
Trade receivables40€13.8m€11.0m▼
Other amounts receivable41€3.1m€3.7m▲
Cash at bank and in hand54/58€6,033€137,252▲
Deferred charges and accrued income490/1€81€5,238▲
Equity and liabilities
Total equity and liabilities10/49€23.8m€20.8m▼
Equity10/15€15.3m€14.4m▼
Contributions10/11€546,000€546,000=
Capital10€546,000€546,000=
Issued capital100€546,000€546,000=
Reserves13€14.6m€14.0m▼
Non-distributable reserves130/1€54,600€54,600=
Legal reserve130€54,600€54,600=
Tax-exempt reserves132€14.0m€14.0m=
Distributable reserves133€553,867-
Profit (loss) carried forward14--€272,760
Investment grants15€126,368€91,547▼
Provisions and deferred taxes16€20,337€23,885▲
Provisions for liabilities and charges160/5€19,443€23,040▲
Other liabilities and charges164/5€19,443€23,040▲
Deferred taxes168€894€845▼
Amounts payable17/49€8.6m€6.4m▼
Amounts payable within one year42/48€8.6m€6.4m▼
Trade debts44€7.3m€5.1m▼
Suppliers440/4€7.3m€5.1m▼
Taxes, remuneration and social security45€1.2m€1.3m▲
Taxes450/3€132,421€147,566▲
Remuneration and social security454/9€1.1m€1.1m▲
Other amounts payable47/48€65,722€52,983▼
Accrued charges and deferred income492/3€9,540€0▼
Income statement Code20242025
Operating income70/76A€209.4m€175.2m▼
Turnover70€209.5m€175.0m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€333,687€33,507▲
Other operating income74€180,224€180,803▲
Non-recurring operating income76A€60,539€25,570▼
Operating charges60/66A€208.5m€175.7m▼
Goods for resale, raw materials and consumables60€191.7m€159.1m▼
Purchases600/8€191.7m€159.1m▼
Change in stocks: decrease (increase)609€27,053€24,225▼
Services and other goods61€9.5m€9.3m▼
Remuneration, social security and pensions62€5.6m€5.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.4m€1.4m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2,331-€8,413▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€606€3,598▲
Other operating charges640/8€148,548€133,150▼
Operating profit (loss)9901€940,316-€536,781▼
Financial income75/76B€291,593€80,454▼
Recurring financial income75€291,593€74,751▼
Income from current assets751€258,404€8,614▼
Other financial income752/9€33,188€66,137▲
Non-recurring financial income76B-€5,703
Financial charges65/66B€443,699€378,450▼
Recurring financial charges65€443,665€378,450▼
Debt charges650€10,599€11,982▲
Other financial charges652/9€433,066€366,468▼
Non-recurring financial charges66B€35-
Profit (loss) for the period before taxes9903€788,209-€834,777▼
Transfer from deferred taxes780€1,683€50▼
Income taxes67/77€223,296-€8,101▼
Taxes670/3€223,296€1,126▼
Tax adjustments and reversals of tax provisions77-€9,227
Profit (loss) for the period9904€566,596-€826,626▼
Profit (loss) for the period to be appropriated9905€566,596-€826,626▼
Appropriation of the result
Profit (loss) to be appropriated9906€566,596-€826,626▼
Transfer from equity791/2€12.3m€553,867▼
From reserves792€12.3m€553,867▼
Transfer to equity691/2€553,857-
To other reserves6921€553,857-
Profit to be distributed694/7€12.4m-
Return on contributions (dividend)694€12.3m-
Employees696€12,739-
Social balance
Average headcount (FTE)908784.983.6▼

The notes to these accounts (63 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€163.1m€197.6m€239.3m€209.4m€175.2m▼ 16.3%
Turnover70€163.0m€197.3m€238.9m€209.5m€175.0m▼ 16.5%
Change in stocks of work in progress, finished goods and contracts in progress71-€88,563€22,832€65,800-€333,687€33,507▲ 110%
Other operating income74€200,891€277,585€271,836€180,224€180,803▲ 0.3%
Non-recurring operating income76A€181€1,653€58,197€60,539€25,570▼ 57.8%
Operating charges60/66A€160.9m€194.7m€234.0m€208.5m€175.7m▼ 15.7%
Goods for resale, raw materials and consumables60€144.2m€175.9m€215.9m€191.7m€159.1m▼ 17.0%
Purchases600/8€144.2m€175.9m€216.0m€191.7m€159.1m▼ 17.0%
Change in stocks: decrease (increase)609-€32,766-€51,101-€32,582€27,053€24,225▼ 10.5%
Services and other goods61€9.6m€11.8m€10.6m€9.5m€9.3m▼ 2.3%
Remuneration, social security and pensions62€5.2m€5.6m€6.0m€5.6m€5.7m▲ 1.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.7m€1.2m€1.3m€1.4m€1.4m▲ 0.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€103,230€4,288€11,856€2,331-€8,413▼ 461%
Provisions for liabilities and charges: additions (uses and reversals)635/8€1,640€4,167€6,415€606€3,598▲ 494%
Other operating charges640/8€129,928€140,823€146,157€148,548€133,150▼ 10.4%
Operating profit (loss)9901€2.2m€2.9m€5.3m€940,316-€536,781▼ 157%
Financial income75/76B€164,027€177,151€463,748€291,593€80,454▼ 72.4%
Recurring financial income75€155,692€155,214€427,502€291,593€74,751▼ 74.4%
Income from current assets751€52,227€106,241€394,304€258,404€8,614▼ 96.7%
Other financial income752/9€103,465€48,973€33,198€33,188€66,137▲ 99.3%
Non-recurring financial income76B€8,335€21,937€36,246-€5,703-
Financial charges65/66B€381,986€429,722€561,327€443,699€378,450▼ 14.7%
Recurring financial charges65€381,986€429,722€561,327€443,665€378,450▼ 14.7%
Debt charges650€1,707€294€185€10,599€11,982▲ 13.1%
Other financial charges652/9€380,279€429,427€561,142€433,066€366,468▼ 15.4%
Non-recurring financial charges66B---€35--
Profit (loss) for the period before taxes9903€2.0m€2.6m€5.2m€788,209-€834,777▼ 206%
Transfer from deferred taxes780€1,683€1,683€1,683€1,683€50▼ 97.1%
Income taxes67/77€468,896€694,450€1.3m€223,296-€8,101▼ 104%
Taxes670/3€494,519€694,829€1.3m€223,296€1,126▼ 99.5%
Tax adjustments and reversals of tax provisions77€25,624€379€5,759-€9,227-
Profit (loss) for the period9904€1.5m€1.9m€3.9m€566,596-€826,626▼ 246%
Transfer to tax-exempt reserves689--€997,770---
Profit (loss) for the period to be appropriated9905€1.5m€1.9m€2.9m€566,596-€826,626▼ 246%
Line20212022202320242025Change
Assets
Total assets20/58€29.2m€33.1m€37.0m€23.8m€20.8m▼ 12.7%
Fixed assets21/28€9.0m€8.5m€7.7m€6.8m€5.9m▼ 13.5%
Intangible fixed assets21---€2,814€2,212▼ 21.4%
Tangible fixed assets22/27€9.0m€8.5m€7.7m€6.8m€5.9m▼ 13.5%
Land and buildings22€5.5m€5.0m€4.4m€3.8m€3.2m▼ 14.8%
Plant, machinery and equipment23€3.4m€3.5m€3.3m€2.9m€2.6m▼ 11.1%
Furniture and vehicles24€28,396€42,431€53,074€74,008€47,172▼ 36.3%
Financial fixed assets28-€1,500€1,500€1,500€1,500=
Other financial fixed assets284/8-€1,500€1,500€1,500€1,500=
Amounts receivable and cash guarantees285/8-€1,500€1,500€1,500€1,500=
Current assets29/58€20.2m€24.6m€29.3m€17.0m€14.9m▼ 12.3%
Stocks and contracts in progress3€345,237€419,170€517,552€156,811€166,093▲ 5.9%
Stocks30/36€345,237€419,170€517,552€156,811€166,093▲ 5.9%
Raw materials and consumables30/31€45,284€96,385€128,967€101,913€77,688▼ 23.8%
Work in progress32€173,285€223,642€306,321€22,831€16,452▼ 27.9%
Finished goods33€126,668€99,143€82,264€32,067€71,953▲ 124%
Amounts receivable within one year40/41€19.6m€24.1m€28.6m€16.9m€14.6m▼ 13.3%
Trade receivables40€10.4m€14.0m€15.0m€13.8m€11.0m▼ 20.6%
Other amounts receivable41€9.1m€10.2m€13.6m€3.1m€3.7m▲ 19.6%
Cash at bank and in hand54/58€254,732€3,347€8,461€6,033€137,252▲ 2,175%
Deferred charges and accrued income490/1€16,932€63,935€125,656€81€5,238▲ 6,376%
Equity and liabilities
Total equity and liabilities10/49€29.2m€33.1m€37.0m€23.8m€20.8m▼ 12.7%
Equity10/15€21.3m€23.2m€27.1m€15.3m€14.4m▼ 5.6%
Contributions10/11€546,000€546,000€546,000€546,000€546,000=
Capital10€546,000€546,000€546,000€546,000€546,000=
Issued capital100€546,000€546,000€546,000€546,000€546,000=
Reserves13€20.6m€22.5m€26.4m€14.6m€14.0m▼ 3.8%
Non-distributable reserves130/1€54,600€54,600€54,600€54,600€54,600=
Legal reserve130€54,600€54,600€54,600€54,600€54,600=
Tax-exempt reserves132€13.0m€13.0m€14.0m€14.0m€14.0m=
Distributable reserves133€7.5m€9.5m€12.3m€553,867--
Profit (loss) carried forward14-----€272,760-
Investment grants15€226,387€192,743€159,556€126,368€91,547▼ 27.6%
Provisions and deferred taxes16€14,197€16,681€21,414€20,337€23,885▲ 17.4%
Provisions for liabilities and charges160/5€8,254€12,421€18,837€19,443€23,040▲ 18.5%
Other liabilities and charges164/5€8,254€12,421€18,837€19,443€23,040▲ 18.5%
Deferred taxes168€5,943€4,260€2,577€894€845▼ 5.5%
Amounts payable17/49€7.8m€9.8m€9.9m€8.6m€6.4m▼ 25.2%
Amounts payable within one year42/48€7.8m€9.8m€9.9m€8.6m€6.4m▼ 25.1%
Trade debts44€6.5m€8.4m€8.5m€7.3m€5.1m▼ 30.3%
Suppliers440/4€6.5m€8.4m€8.5m€7.3m€5.1m▼ 30.3%
Taxes, remuneration and social security45€1.2m€1.4m€1.3m€1.2m€1.3m▲ 5.7%
Taxes450/3€261,997€439,839€153,824€132,421€147,566▲ 11.4%
Remuneration and social security454/9€937,601€927,880€1.2m€1.1m€1.1m▲ 4.9%
Other amounts payable47/48€65,421€65,952€66,142€65,722€52,983▼ 19.4%
Accrued charges and deferred income492/3€8,909-€0€9,540€0▼ 100.0%
Line20212022202320242025Change
Profit (loss) for the period9904€1.5m€1.9m€3.9m€566,596-€826,626▼ 246%
+ Depreciation and write-downs630€1.7m€1.2m€1.3m€1.4m€1.4m▲ 0.8%
Operating cash flow (approximation)€3.2m€3.2m€5.2m€2.0m€578,834▼ 70.5%
Investment in fixed assets (approximation)--€731,703-€579,955-€486,252-€489,121▼ 0.6%
Change in cash--€251,385€5,114-€2,428€131,219▲ 5,505%

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 31-07-2027
2026
21-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 21 days late
28-01
State Gazette act Resignation: COMECO (director)
Permanent representative: DIEU Erik3 facts ▸
  • General meeting, 24-12-2025
  • Director resignation, COMECO (director)
  • Permanent representative, DIEU Erik
2025
31-12
Financial Weakest financial yearnet -€826,626
Net result drops to -€826,626, the lowest in the series.
25-09
State Gazette act Reappointment: CALLENS VANDELANOTTE NV (statutory auditor)
Permanent representative: Jan DEGRYSE3 facts ▸
  • General meeting, 16-06-2025
  • Auditor reappointment, CALLENS VANDELANOTTE NV (statutory auditor)
  • Permanent representative, Jan DEGRYSE
12-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 12 days late
08-01
State Gazette act Resignation: RAJESE (director)
Permanent representative: IDE Dries3 facts ▸
  • General meeting, 04-11-2024
  • Director resignation, RAJESE (director)
  • Permanent representative, IDE Dries
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 27 days late
10-01
State Gazette act Appointment: RAJESE (director)
Permanent representative: IDE Dries · Name change · Statutes amendment7 facts ▸
  • General meeting, 08-12-2023
  • Name change, Comeco
  • Statutes amendment
  • Statutes amendment
  • Capital, €546.000
  • Director appointment, RAJESE (director)
  • Permanent representative, IDE Dries
2023
31-12
Financial Highest result since 2018net €3.9m ▲99.4%
Operating result €5.3m, net result €3.9m, both a record.
31-12
Financial Equity above €25mEq €27.1m ▲16.5%
6 profitable years in a row build equity to €27.1m.
25-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
08-09
State Gazette act Appointment: Luc Verspreet (director)
Reappointment: Vandelanotte Bedrijfsrevisoren CVBA (statutory auditor) · Permanent representative: Jan Degryse5 facts ▸
  • General meeting, 05-06-2021
  • Director appointment, Luc Verspreet (director)
  • General meeting, 03-06-2022
  • Auditor reappointment, Vandelanotte Bedrijfsrevisoren CVBA (statutory auditor)
  • Permanent representative, Jan Degryse
Show earlier events
17-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 17 days late
2021
23-09
State Gazette act Reappointments: Jos CLAEYS, Piet CLAEYS and 2 others
Permanent representatives: DEMAN Danny and DIEU Erik · Appointments: Jos CLAEYS (managing director) and WESTVLEES GROUP (chair of the board)10 facts ▸
  • General meeting, 04-06-2021
  • Board meeting, 04-06-2021
  • Director reappointment, Jos CLAEYS (director)
  • Director reappointment, Piet CLAEYS (director)
  • Director reappointment, WESTVLEES GROUP (director)
  • Permanent representative, DEMAN Danny
  • Director reappointment, SUS DEI (director)
  • Permanent representative, DIEU Erik
  • Director appointment, Jos CLAEYS (managing director)
  • Director appointment, WESTVLEES GROUP (chair of the board)
26-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
27-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
17-10
State Gazette act Reappointment: Vandelanotte Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representative: Jan Degryse3 facts ▸
  • General meeting, 07-06-2019
  • Auditor reappointment, Vandelanotte Bedrijfsrevisoren CVBA (statutory auditor)
  • Permanent representative, Jan Degryse
21-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 21 days late
29-01
State Gazette act Resignation: Erik Dieu (director)
Appointment: SUS DEI (director) · Permanent representative: Erik Dieu4 facts ▸
  • General meeting, 31-12-2018
  • Director resignation, Erik Dieu (director)
  • Director appointment, SUS DEI (director)
  • Permanent representative, Erik Dieu
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 24 days late
10-07
State Gazette act Reappointments: Luc Verspreet (director) and Erik Dieu (director)
3 facts ▸
  • General meeting, 02-06-2017
  • Director reappointment, Luc Verspreet (director)
  • Director reappointment, Erik Dieu (director)
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 24 days late
2016
05-08
State Gazette act Resignation: Deloitte Bedrijfsrevisoren (statutory auditor)
Appointment: Burg. BVBA Van Cauter & C° (statutory auditor) · Permanent representative: J. Degryse4 facts ▸
  • General meeting, 03-06-2016
  • Director resignation, Deloitte Bedrijfsrevisoren (statutory auditor)
  • Auditor appointment, Burg. BVBA Van Cauter & C° (statutory auditor)
  • Permanent representative, J. Degryse
2015
18-12
State Gazette act Purpose · Statutes amendment
Purpose change3 facts ▸
  • General meeting, 03-12-2015
  • Purpose change, Het doel van de vennootschap wordt gewijzigd overeenkomstig punt "1." van de agenda en bijgevolg artikel 3 van de statuten als volgt te vervangen: [Nieuw doel t…
  • Statutes amendment
12-10
State Gazette act Resignations: Leo Bernaerts, Luc Stinkens and 4 others
Appointments: Jos CLAEYS, Piet CLAEYS and WESTVLEES GROUP NV · Permanent representative: Danny DEMAN · Director discharge19 facts ▸
  • General meeting, 11-09-2015
  • Director resignation, Leo Bernaerts (director)
  • Director resignation, Luc Stinkens (director)
  • Director resignation, Dirk Van Thielen (director)
  • Director resignation, Ghislain De Baerdemaeker (director)
  • Director resignation, Renaat Moors (director)
  • Director resignation, Rudi Van Looveren (director)
  • Director discharge, Leo Bernaerts
  • Director discharge, Luc Stinkens
  • Director discharge, Dirk Van Thielen
  • Director discharge, Ghislain De Baerdemaeker
  • Director discharge, Renaat Moors
  • +7 further facts in this act
26-06
State Gazette act Resignation: Jan Rommens (director)
Reappointments: Leo Bernaerts (director) and Luc Stinkens (director)12 facts ▸
  • General meeting, 05-06-2015
  • Director resignation, Jan Rommens (director)
  • Director reappointment, Leo Bernaerts (director)
  • Director reappointment, Luc Stinkens (director)
  • Board composition, Leo Bernaerts (voorzitter raad van bestuur)
  • Board composition, Luc Verspreet (managing director)
  • Board composition, G. De Baerdemaeker (director)
  • Board composition, E. Dieu (director)
  • Board composition, R. Moors (director)
  • Board composition, Luc Stinkens (director)
  • Board composition, R. Van Looveren (director)
  • Board composition, D. Van Thielen (director)
2013
30-07
State Gazette act Reappointments: Renaat Moors, Dirk Van Thielen and Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA
Appointment: Rudi Van Looveren (director)14 facts ▸
  • General meeting, 07-06-2013
  • Director reappointment, Renaat Moors (director)
  • Director reappointment, Dirk Van Thielen (director)
  • Director appointment, Rudi Van Looveren (director)
  • Board composition, L. Bernaerts (voorzitter raad van bestuur)
  • Board composition, L. Verspreet (managing director)
  • Board composition, G. De Baerdemaeker (director)
  • Board composition, E. Dieu (director)
  • Board composition, Renaat Moors (director)
  • Board composition, J. Rommens (director)
  • Board composition, L. Stinkens (director)
  • Board composition, Rudi Van Looveren (director)
  • +2 further facts in this act
2012
13-07
State Gazette act Resignation: Frans Huybrechts (director)
Auditor mandate11 facts ▸
  • General meeting, 01-06-2012
  • Director resignation, Frans Huybrechts (director)
  • Board composition, L. Bernaerts (voorzitter raad van bestuur)
  • Board composition, L. Verspreet (managing director)
  • Board composition, G. De Baerdemaeker (director)
  • Board composition, E. Dieu (director)
  • Board composition, R. Moors (director)
  • Board composition, J. Rommens (director)
  • Board composition, L. Stinkens (director)
  • Board composition, D. Van Thielen (director)
  • Auditor mandate, AV 2013, Frank Verhaegen
17-01
State Gazette act Reappointment: Erik Dieu (director)
11 facts ▸
  • General meeting, 27-12-2011
  • Director reappointment, Erik Dieu (director)
  • Board composition, L. Bernaerts (voorzitter raad van bestuur)
  • Board composition, L. Verspreet (managing director)
  • Board composition, G. De Baerdemaeker (director)
  • Board composition, Erik Dieu (director)
  • Board composition, F. Huybrechts (director)
  • Board composition, R. Moors (director)
  • Board composition, J. Rommens (director)
  • Board composition, L. Stinkens (director)
  • Board composition, D. Van Thielen (director)
2011
18-07
State Gazette act Reappointments: Luc Verspreet (managing director) and Ghislain De Baerdemaeker (director)
11 facts ▸
  • General meeting, 03-06-2011
  • Director reappointment, Luc Verspreet (managing director)
  • Director reappointment, Ghislain De Baerdemaeker (director)
  • Board composition, L. Bernaerts (voorzitter raad van bestuur)
  • Board composition, Luc Verspreet (managing director)
  • Board composition, Ghislain De Baerdemaeker (director)
  • Board composition, F. Huybrechts (director)
  • Board composition, R. Moors (director)
  • Board composition, J. Rommens (director)
  • Board composition, L. Stinkens (director)
  • Board composition, D. Van Thieten (director)
2010
23-07
State Gazette act Appointment: Jan Rommens (director)
Reappointment: Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA (statutory auditor)11 facts ▸
  • General meeting, 2010-06
  • Director appointment, Jan Rommens (director)
  • Board composition, Leo Bernaerts (chair)
  • Board composition, Luc Verspreet (managing director)
  • Board composition, Ghislain De Baerdemaeker (director)
  • Board composition, Renaat Moors (director)
  • Board composition, Dirk Van Thielen (director)
  • Board composition, Frans Huybrechts (director)
  • Board composition, Luc Stinkens (director)
  • Board composition, Jan Rommens (director)
  • Auditor reappointment, Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA
2007
16-07
State Gazette act Reappointments: Dirk Van Thielen (director) and Deloitte & Touche (statutory auditor)
Resignation: H. Laukens (director) · Appointment: Renaat Moors (director)12 facts ▸
  • General meeting, 01-06-2007
  • Director reappointment, Dirk Van Thielen (director)
  • Director resignation, H. Laukens
  • Director appointment, Renaat Moors (director)
  • Board composition, L. Bernaerts (chair)
  • Board composition, L. Verspreet (managing director)
  • Board composition, Dirk Van Thielen (director)
  • Board composition, F. Huybrechts (director)
  • Board composition, L. Stinkens (director)
  • Board composition, G. De Baerdemaeker (director)
  • Board composition, Renaat Moors (director)
  • Auditor reappointment, Deloitte & Touche
2004
17-06
State Gazette act Restructuring · Miscellaneous
Merger1 fact ▸
  • Merger, 04-06-2004
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
20 of 20 acts read

Directors · office · real estate

Directors
4 directors, 1 in day-to-day management, no change since 2025

Board 4

WESTVLEES GROUP
Chair of the board · since 11-09-2015 · Director · since 11-09-2015 · Public limited company · perm. rep.: Danny DEMAN
Current
Jos CLAEYS
Director · since 11-09-2015
Current
Piet CLAEYS
Director · since 11-09-2015
Current
Luc Verspreet
Director · since 02-06-2017
Current

Day-to-day management 1

Jos CLAEYS
Managing director · since 11-09-2015
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Luc Verspreet
Managing director
Not recently confirmed

Permanent representatives 1

Danny DEMAN
Permanent representative · since 11-09-2015 · for WESTVLEES GROUP
Current

Statutory auditor 1

CALLENS VANDELANOTTE
Statutory auditor · since 07-06-2019 · perm. rep.: Jan DEGRYSE
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hoogstraten · 1 establishment unit since 1971
seat establishment The establishment unit on the map
Ground area
3.0 ha
Building footprint
8,752 m²
Volume, LiDAR
78,179 m³
Parcel 13020E0059/00F000, Flanders · tallest building 16.7 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
COMECO NV
John Lijsenstraat 55, 2321 HoogstratenCrop and animal production, hunting and related service activities
since 19712.039.720.948
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13020E0059/00F000
ProtectedMonumentFedermessersite MeirbergSource ↗
Flanders 3.0 ha 1 · 8,752 m² 16.7 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Mandate history

20 people since 2007, 5 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Luc Verspreet
  • Managing director, already before 18-07-2011 not ended, last confirmed 18-07-2011
  • Director, already before 02-06-2017 to date
Jos CLAEYS
  • Director, from 11-09-2015 to date
  • Managing director, from 11-09-2015 to date
Piet CLAEYS
  • Director, from 11-09-2015 to date
WESTVLEES GROUP
  • Chair, from 11-09-2015 to date
  • Director, from 11-09-2015 to date
CALLENS VANDELANOTTE
  • Statutory auditor, from 07-06-2019 to date
SUS DEI
  • Director, from 01-01-2019 to 31-12-2025
RAJESE
  • Director, from 01-10-2023 to 04-11-2024
Burg. BVBA Van Cauter & C°
  • Statutory auditor, from 03-06-2016 to 07-06-2019
DIEU Erik
  • Director, already before 01-01-2012 to 01-01-2019
Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA
  • Statutory auditor, from 13-07-2010 to 03-06-2016
Dirk Van Thielen
  • Director, already before 16-07-2007 to 08-09-2015
Ghislain De Baerdemaeker
  • Director, already before 18-07-2011 to 08-09-2015
Leo Bernaerts
  • Director, already before 05-06-2015 to 08-09-2015
Luc Stinkens
  • Director, already before 05-06-2015 to 08-09-2015
Renaat Moors
  • Director, from 01-06-2007 to 08-09-2015
Rudi Van Looveren
  • Director, from 07-06-2013 to 08-09-2015
Jan Rommens
  • Director, from 13-07-2010 to 24-07-2014
Frans Huybrechts
  • Director, until 01-06-2012
Deloitte & Touche
  • Auditor, from 01-06-2007 to 13-07-2010
Laukens H.
  • Board, until 04-05-2007
See the board, name and seat on a given date →

Articles of association

Purpose
Het fokken, kweken, mesten en veredelen van vee, varkens en alle vleessoorten... [volledig voorwerp zoals vermeld in Artikel 3]

Structure & network

Part of the group WESTVLEES GROUP 11 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. WESTVLEES GROUP 80.74%
  2. BELGIAN PORK GROUP 100%
  3. Comeco

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

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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

7 connected companies

Acquisitions and mergers

1 transaction
BE 0420.619.417proposal · State Gazette act of 17-06-2004 · effective 04-06-2004

Capital and shareholders

Capital over the years
  1. 10-01-2024 Capital stated in the act · 546,000 EUR · 3,120 shares

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 1,350 EUR awarded · 1,350 EUR paid
Year Entries awardedpaid
2023 1 1,350 EUR1,350 EUR
Schemes
1 entry · 1,350 EUR · 1,350 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site
Hoogstraten2.039.720.948
4 permissions
Erkenning · Gekoelde opslag vlees · since 05-08-2019
Toelating · Warm vervoer vlees van varkens, schapen, geiten en runderen · since 12-09-2007
Erkenning · Slachthuis varkens · since 01-01-1999
and 1 more

Legal Entity Identifier

549300PCFBNU6DSDXO59
live in the LEI register

Similar companies · same sector, comparable size

Of 757 companies in sector 46321 we hold annual accounts for 554. 163 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
Founded06-02-1970
Fiscal year end31-12
Activities, NACEBEL 2025
10111Manufacture of food products
46321Wholesale of meat and meat products, excluding game and poultry
E-invoicing
Reachable via Peppol
Peppol ID 0208:0406983195
Also 9925:BE0406983195
Registered 29-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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