COMGEN
InactiveOverview
Overview
Official details
Source: KBO- Status
- Absorbed by COMELS merger by absorption, May 2023
- Activity
- “De import,de export,de groot- en kleinhandel in,alsmede de productie van alle levensmiddelen,onderhoudsproducten,dranken,wijnen,likeuren,vleeswaren,groenten en fruit,non-food…” (deed in Dutch)From the articles, 7 activitiesNo NACE code in the KBO yet
- Joint committee
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 31-03-2023
- Financial year end
- 31 March
- Peppol
- Not found in the Peppol Directory
Board and ownership
- Auditor
- EY Bedrijfsrevisoren BV
Shareholders
- Etn.Franz Colruytconsolidates· score 93annual accounts 31-03-2023
Financial position
No score
Annual accounts to 31-03-2023
- Turnover
- €332,522
- ▲ 20.1%
- Profit
- €14,809
- ▼ 5.8%
- Equity
- €104,513
- ▲ 16.5%
- Total assets
- €153,674
- ▲ 10.9%
- Employees on 31-03-2023
- 15
- =
Filed on 25-09-2023
Financials
Financials · financial year 2023, full format
Annual accounts 2023 filed on 25-09-2023 PDF all 45 filings
Turnover
€332,522▲ 20.1%
2022 · €276,978
EBIT margin
6.0%▼ 1.6pp
2022 · 7.5%
Net result
€14,809▼ 5.8%
2022 · €15,714
Working capital
€104,689▲ 16.7%
2022 · €89,704
Trend over the years
2019 to 2023, 5 financial years 2019 to 2023, 5 financial years
The operating result for 2023 is 5% lower than in 2022.
Turnover€0.3m
2023
Operating result€0.02m
2023
Net result€0.01m
2023
Total assets€0.2m
2023
Equity€0.1m
2023
Debt€0.05m
2023
Working capital€0.1m
2023
EBIT margin6.0%
2023
Staff (FTE)9.1
2023
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Turnover€0.3m-€0.3m▼ 4.5%€0.3m▲ 3.4%€0.3m▼ 11.9%€0.3m▲ 20.1%
Operating result€0.02m-€0.02m▼ 24.4%€0.02m▼ 7.8%€0.02m▲ 35.0%€0.02m▼ 4.7%
Net result€0.02m-€0.01m▼ 49.4%€0.01m▼ 5.8%€0.02m▲ 39.2%€0.01m▼ 5.8%
EBIT margin7.0%-5.5%▼ 1.4pp4.9%▼ 0.6pp7.5%▲ 2.6pp6.0%▼ 1.6pp
Equity€1.9m-€1.9m▲ 0.6%€1.9m▲ 0.6%€0.09m▼ 95.2%€0.1m▲ 16.5%
Total assets€1.9m-€1.9m▲ 0.3%€1.9m▲ 0.6%€0.1m▼ 92.8%€0.2m▲ 10.9%
Debt€0.07m-€0.06m▼ 9.8%€0.06m▼ 0.1%€0.05m▼ 22.7%€0.05m▲ 0.6%
Working capital€1.9m-€1.9m▲ 0.7%€1.9m▲ 0.6%€0.09m▼ 95.2%€0.1m▲ 16.7%
Staff (FTE)9.7-11.7▲ 20.6%11.5▼ 1.7%9▼ 21.7%9.1▲ 1.1%
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €153,674
Equity
€104,513 ▲ 16.5%
Debt
€49,161 ▲ 0.6%
Debt's share of the balance-sheet total falls from 35.3% to 32.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
3.14▲
2022 · 2.84
Debt to equity
0.47▼
2022 · 0.54
ROE
14.2%▼
2022 · 17.5%
ROA
9.6%▼
2022 · 11.3%
Debt ≤ 1 year
€48,985▲
2022 · €48,868
Income taxes
€5,594▼
2022 · €6,863
Customer credit
13 days▼
2022 · 59 days
Staff costs
€252,510▲
2022 · €207,980
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-03-2022 | 31-03-2023 |
|---|---|---|
| Employees at the balance-sheet date | 15 | 15 |
| full-time | 5 | 6 |
| part-time | 10 | 9 |
| in full-time equivalents | 7.9 | 9.2 |
| Average over the year, in full-time equivalents | 9 | 9.1 |
| On a permanent contract | 5 | 6 |
| Joined | 27 | 51 |
| Left | 30 | 51 |
| Training hours | 272 | 357 |
Source: social balance sheet in the 2022 to 2023 annual accounts
Auditor
| Item | 31-03-2022 | 31-03-2023 |
|---|---|---|
| Fee for the audit | €2,104 | €2,104 |
Source: notes to the 2022 to 2023 annual accounts (relations with the auditor)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €279,657 | €335,942 | ▲ 20.1% |
| Turnover70 | €318,376 | €304,100 | €314,562 | €276,978 | €332,522 | ▲ 20.1% |
| Other operating income74 | - | - | - | €2,679 | €3,420 | ▲ 27.6% |
| Operating charges60/66A | - | - | - | €258,814 | €316,078 | ▲ 22.1% |
| Services and other goods61 | - | - | - | €48,535 | €60,967 | ▲ 25.6% |
| Remuneration, social security and pensions62 | - | - | - | €207,980 | €252,510 | ▲ 21.4% |
| Other operating charges640/8 | - | - | - | €2,298 | €2,601 | ▲ 13.2% |
| Operating profit (loss)9901 | €22,148 | €16,750 | €15,440 | €20,844 | €19,864 | ▼ 4.7% |
| Financial income75/76B | - | - | - | €1,882 | €775 | ▼ 58.8% |
| Recurring financial income75 | €1,859 | €1,869 | €1,770 | €1,882 | €775 | ▼ 58.8% |
| Income from current assets751 | - | - | - | €1,882 | €775 | ▼ 58.8% |
| Financial charges65/66B | - | - | - | €149 | €236 | ▲ 58.2% |
| Recurring financial charges65 | €144 | €141 | €144 | €149 | €236 | ▲ 58.2% |
| Debt charges650 | - | - | €3 | €0 | €1 | ▲ 136% |
| Other financial charges652/9 | - | - | - | €149 | €236 | ▲ 58.1% |
| Profit (loss) for the period before taxes9903 | €23,863 | €18,479 | €17,065 | €22,577 | €20,403 | ▼ 9.6% |
| Income taxes67/77 | €172 | €6,492 | €5,776 | €6,863 | €5,594 | ▼ 18.5% |
| Taxes670/3 | - | - | - | €6,863 | €5,980 | ▼ 12.9% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €386 | - |
| Profit (loss) for the period9904 | €23,691 | €11,987 | €11,289 | €15,714 | €14,809 | ▼ 5.8% |
| Profit (loss) for the period to be appropriated9905 | €23,691 | €11,987 | €11,289 | €15,714 | €14,809 | ▼ 5.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €1.9m | €1.9m | €0.1m | €0.2m | ▲ 10.9% |
| Current assets29/58 | €1.9m | €1.9m | €1.9m | €0.1m | €0.2m | ▲ 10.9% |
| Amounts receivable within one year40/41 | €0.03m | €0.05m | €0.04m | €0.05m | €0.01m | ▼ 74.6% |
| Trade receivables40 | - | - | - | €0.04m | €0.01m | ▼ 73.8% |
| Other amounts receivable41 | - | - | - | €0.001m | - | - |
| Cash at bank and in hand54/58 | €1.9m | €1.9m | €1.9m | €0.09m | €0.1m | ▲ 53.6% |
| Deferred charges and accrued income490/1 | - | - | - | €249 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €1.9m | €1.9m | €0.1m | €0.2m | ▲ 10.9% |
| Equity10/15 | €1.9m | €1.9m | €1.9m | €0.09m | €0.1m | ▲ 16.5% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | = |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | €1.8m | €1.8m | €1.8m | €0.02m | €0.04m | ▲ 67.1% |
| Amounts payable17/49 | €0.07m | €0.06m | €0.06m | €0.05m | €0.05m | ▲ 0.6% |
| Amounts payable within one year42/48 | €0.07m | €0.06m | €0.06m | €0.05m | €0.05m | ▲ 0.2% |
| Trade debts44 | €0.005m | €0.004m | €0.008m | €0.01m | €0.004m | ▼ 65.9% |
| Suppliers440/4 | - | - | - | €0.01m | €0.004m | ▼ 65.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.04m | ▲ 22.8% |
| Taxes450/3 | - | - | - | €0.001m | €0.001m | ▼ 8.8% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.04m | ▲ 23.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €176 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.02m | €0.01m | €0.01m | €0.02m | €0.01m | ▼ 5.8% |
| Operating cash flow (approximation) | €0.02m | €0.01m | €0.01m | €0.02m | €0.01m | ▼ 5.8% |
| Change in cash | - | -€0.009m | €0.01m | -€1.8m | €0.05m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 45 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2023 | full format | 25-09-2023 | 2023-00462339 | |
| 31-03-2022 | full format | 27-09-2022 | 2022-20445475 | |
| 31-03-2021 | full format | 23-09-2021 | 2021-68400084 | |
| 31-03-2020 | full format | 28-09-2020 | 2020-57900395 | |
| 31-03-2019 | full format | 02-10-2019 | 2019-68100449 | |
| 31-03-2018 | full format | 24-09-2018 | 2018-65600225 | |
| 31-03-2017 | full format | 19-09-2017 | 2017-61800086 | |
| 31-03-2016 | full format | 27-09-2016 | 2016-63200041 | |
| 31-03-2015 | full format | 29-09-2015 | 2015-63800403 | |
| 31-03-2014 | full format | 22-09-2014 | 2014-59900556 |
Board & ownership
Directors
Directors
5 directors, last change in 2022
Board 5
Jo WILLEMYNS
Current
Director · appointed in the act of 29-07-2022 · 5-year term from 2022 · listed in the 2023 annual accounts, filed on 25-09-2023
Stefan GOETHAERT
Current
Director · appointed in the act of 29-07-2022 · 5-year term from 2022 · listed in the 2023 annual accounts, filed on 25-09-2023
CASTELEIN Kris
Current
Director · listed in the 2023 annual accounts, filed on 25-09-2023
COLRUYT Jef
Current
Director · listed in the 2023 annual accounts, filed on 25-09-2023
VANDAMME Stefaan
Current
Director · listed in the 2023 annual accounts, filed on 25-09-2023
Statutory auditor 1
EY Bedrijfsrevisoren BV
Current
Statutory auditor · listed in the 2023 annual accounts, filed on 25-09-2023
Owners and capital
Shareholders
1 ownerChain of control
- Etn.Franz Colruyt
- COMGEN
Owners 1
- Etn.Franz Colruytconsolidating parentEquity €6.32bn Profit of €103.8m in 2026 (profit of €2.15bn in 2025) Checked score 93consolidates
Former owners (1)
-
100%
Capital transactions
Shareholders according to the deeds
Stated in the act
act of 21-02-2023 ↗
- NV Buurtwinkels Okay
Capital over time
- 21-02-2023 Capital stated in the deed · €61,500 · 23,500 shares
Mandate history
7 people, 6 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Jo WILLEMYNS |
|
| Stefan GOETHAERT |
|
| CASTELEIN Kris |
|
| COLRUYT Jef |
|
| VANDAMME Stefaan |
|
| EY Bedrijfsrevisoren BV |
|
| Marc HOFMAN |
|
Network & group
Acquisitions and mergers
1 transactionTaken over by:COMELS
Connections & network
5 current directorsThe network starts from the directors of COMGEN. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2023
25-09
full format · 36 days before the deadline
08-05
Gazette deed
Merger: absorbed by COMELSAccounting effect4 points ▸
Gazette deed
Merger: absorbed by COMELS
Accounting effect4 points ▸
- General meeting, 27-03-2023
- Merger, “goedkeuring fusievoorstel”, 86 (deed in Dutch)
- Merger, “instemming met fusie door overname, op voorwaarde dat de algemene vergadering van de overnemende vennootschap tot eenzelfde besluit komt” (deed in Dutch)
- Accounting effect, 01-04-2023
31-03
Financial
Equity above €100,000equity €104,513 ▲16.5%
With a profit in every financial year since 2019, equity grows to €104,513.
21-02
Gazette deed
Merger proposal: to be absorbed by COMELSIncorporation · Capital · Shareholding22 points ▸
Gazette deed
Merger proposal: to be absorbed by COMELS
Incorporation · Capital · Shareholding22 points ▸
- Other provision, “publication identifier”, 23024776 (deed in Dutch)
- Merger, EUR, “goedkeuring door de buitengewone algemene vergaderingen” (deed in Dutch)
- Incorporation, 08-12-1953
- Capital, €61,500
- Incorporation, 28-10-2009
- NV Buurtwinkels Okay is a shareholder
- Other provision, “opleg in geld”, 0 (deed in Dutch)
- Capital increase
- Share issue, “aandelen op naam, publicatie van de fusiebesluiten in de bijlagen tot het Belgisch Staatsblad” (deed in Dutch)
- Power of attorney, mentioned 2 times in the deed
- Other provision, “vernietiging register van aandelen Over Te Nemen Vennootschap, melding vernietigd op elke bladzijde” (deed in Dutch)
- Other provision, “kosten uitgifte nieuwe aandelen” (deed in Dutch)
- The act holds 10 more points.
2022
27-09
full format · 34 days before the deadline
29-07
Gazette deed
Resignation: Marc HOFMAN (director)Appointments: Jo WILLEMYNS (director) and Stefan GOETHAERT (director)4 points ▸
Gazette deed
Resignation: Marc HOFMAN (director)
Appointments: Jo WILLEMYNS (director) and Stefan GOETHAERT (director)4 points ▸
- General meeting, 11-07-2022
- Director resignation, Marc HOFMAN (director)
- Director appointment, Jo WILLEMYNS (director)
- Director appointment, Stefan GOETHAERT (director)
2021
23-09
full format · 38 days before the deadline
2020
28-09
full format · 33 days before the deadline
2019
02-10
full format · 29 days before the deadline
2018
24-09
full format · 37 days before the deadline
2017
19-09
full format · 42 days before the deadline
2016
27-09
full format · 34 days before the deadline
2015
29-09
full format · 32 days before the deadline
2014
22-09
full format · 39 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Absorbed by COMELS in May 2023
COMGEN is no longer in the KBO register. COMELS took it over in a merger by absorption, published in the Belgian Official Gazette on 8 May 2023.
- Status
- Inactive
- Reason
- Merger by absorptionBelgian Official Gazette, 8 May 2023 · act
- Absorbed by
- COMELS · 0820.198.247
- Last annual accounts
- financial year to 31 March 2023
- Last registered office
- Edingensesteenweg 196, 1500 Halleas published on 8 May 2023
- Legal form
- Public limited company
- First annual accounts
- financial year 1977
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De import,de export,de groot- en kleinhandel in,alsmede de productie van alle…”
7 activities
- De import,de export,de groot- en kleinhandel in,alsmede de productie van alle levensmiddelen,onderhoudsproducten,dranken,wijnen,likeuren,vleeswaren,groenten en fruit,non-food artikelen,tabak,huishoudelijke artikelen,speelgoed,papierwaren,boeken,dagbladen,fonoplaten,Cd's,audio- en videocassette's,fotografische en optische artikelen,drogisterijartikelen,schoonheidsproducten,toiletartikelen,souvenirs,dit in de breedste zin,dit wil zeggen gans het gamma van producten welke langs alle distributiekanalen aan grootverbruiker en/of eindverbruiker verkocht worden,zowel bij middel van de traditionele vormen van de distributie als door supermarkten,superettes,discounts,of welke vorm ook.
- Het uitbaten van convenience-stores,drugstores,verbruiksalons,snackbars,spijshuizen,drankgelegenheden,inclusief de complementaire verkoop van alle hiervoor vernoemde producten.Alle zaken of handelsuitbatingsgebied die rechtstreeks of onrechtstreeks betrekking hebben met de handel en de nijverheid in voedings- en levensmiddelen van alle aard.
- Het produceren en distribueren van marktartikelen in de meest ruime zin van het woord,en het exploiteren van zegel- en kaartsystemen als verkoopondersteuning,waarbij de vennootschap handelt voor eigen rekening,in commissie,als tussenpersoon of als vertegenwoordiger.
- Een studie-,organisatie- en raadgevend bureau inzake financiële,handels-,sociale,fiscale en juridische aangelegenheden.
- De coördinatie en centralisatie van alle aankoopverrichtingen,de controle en supervisie op de administratie en de boekhouding,het ontwikkelen en toepassen van de informatica,het personeelsbeleid,het begeleiden van de financiële activiteiten van de leden van de groep en de delcredere.
- Het beheer van roerende en onroerende goederen in de meest brede zin met inbegrip van de onroerende leasing,het verwerven,vervreemden,beheren,uitbaten,valoriseren,verkavelen,ordenen,huren en verhuren,het doen bouwen of doen verbouwen,promotie en makelen in onroerende goederen,evenals alle welkdanige onroerende verhandelingen uitgezonderd deze activiteiten die wettelijk voorbehouden zijn aan vennootschappen voor vermogensbeheer en beleggingsadvies en dit zowel voor eigen rekening als voor rekening van derden.
- De bouwpromotie met alle daarbij horende verrichtingen,het kopen en verkopen van onroerende goederen,de exploitatie en verhuring van gebouwen,het oprichten en laten oprichten van gebouwen,de onderneming voor het bouwen,herstellen en onderhouden van wegen,rioleringswerken,het leggen van kabels en diverse leidingen,het aanleggen van speelpleinen,sportvelden,evenals parken en tuinen,grondwerken,draineringwerken,het optrekken van gebouwen inclusief ruwbouw en het onder dak zetten,algemene bouwondernemingen inclusief deze die betrekking hebben op de hele of gedeeltelijke uitvoering van voltooiingwerken of op de coördinatie ervan wanneer zij door onderaannemers worden uitgevoerd,metselwerk,het bouwen van stellingen en het invoegen en reinigen van gevels,het uitvoeren van slopingswerken van gebouwen en kunstwerken,het effenen en wegruimen,het optrekken van niet-metalen uiteenneembare paviljoenen en barakken,het plaatsen van afsluitingen,het waterdicht maken van gebouwen en het bedekken van gebouwen met asfalt en teer,het leggen van tegelvloeren,mozaïek en alle andere bedekkingen van muren en vloeren,plafonneerwerk,cementeerwerk en alle ander pleisterwerk,het plaatsen van chapes en gips en stafwerken,het bedekken van gebouwen met dakpannen,stro,natuurlijke en kunstleien,stalen platen en platen in asbestcement,het plaatsen van ijzerwerk,metalen vensterluiken en metalen schrijnwerk,het plaatsen van roosters,intrekbare en rollende deuren en van buitenrolluiken,het plaatsen van ruiten,glas,spiegelglas,gekleurde ramen en het aanwenden van alle doorschijnend en doorzichtig materieel,het plaatsen van centrale verwarming,ventilatie,verwarming met warme lucht,luchtconditionering en industriële pijpleidingen,sanitaire inrichtingen,gasverwarming,en lood- en zinkwerk,timmer- en schrijnwerk voor gebouwen,warmte- en geluidsisolatie,scheidingswanden en valse plafonds,elektriciteitswerken,schilder- en behangwerken,koelinstallaties,lichtreclames en alarmsystemen.
Articles of association, deed of 21-02-2023 (in Dutch)