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COTRABEL

Active
Private limited companyfounded 1997active for 28 yearsMoorstraat 24, 9850 Deinze, BelgiumKBO/BCE: BE 0462.035.447
Summary

COTRABEL has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,187 and a net result of €109,830. Equity is growing by about 3.5% per year across the filed financial years. Its solvency ranks better than 42% of 6,153 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Agents specialised in the wholesale of other particular products
NACE 46180
1 site
Size
€664,479turnover 2025
Equity
€119,187
Profit
€109,830
Financial health
83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
HET VEER · 100%
  • HET VEERDirector · permanent representative VANDOORNE Sophie
  • VANDOORNE RikDirector
2025 accounts filed 27 days late2 of 3 deeds summarised
Why 83raises riskLiquidity: current ratio 0.91, cash €345Size: turnover €664,479, total assets €309,018lowers riskFounded in 1997Figures for financial year 2025 (filed 29-08-2026)Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 64+18
equity 38.6% of total assets
Liquidity 18+11
short-term debt 61.4% · cash 0.1%
Profitability 100+24
return on assets 35.5%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 1.5%▲ +0.6 percentage points vs 07-2025 09-2025: 0.9%▼ -0.6 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.8%▼ -0.1 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.7%▼ -0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 0.5%▼ -1.0 percentage point vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.91, compared with 1.07 in 2024, below 1; short-term debt: 61.4% and cash: 0.1% of total assets), and 61.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 47% on solvency, 17% on liquidity, 95% on profitability and 36% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1997
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.91, cash €345
NBB · annual accounts
raises risk · Size: turnover €664,479, total assets €309,018
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 29-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
28 days late
2023
29 days late
2022
31 days late
2021
26 days late
2020
18 days early
2019
34 days 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 (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Financials · financial year 2025, full format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00447126.

Turnover
€664,479▼ 39.4%
2024 · €1.1m
EBIT margin
22.7%▲ 13.8pp
2024 · 8.9%
Net result
€109,830▲ 54.3%
2024 · €71,191
Working capital
-€16,667
2024 · €30,742
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 55% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€0.7m 2025 Operating result€0.2m 2025 Net result€0.1m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0.3m-€0.3m▼ 2.2%€0.3m▼ 8.4%€0.3m▲ 6.2%€0.8m▲ 197%€1.5m▲ 85.2%€1.1m▼ 27.1%€0.7m▼ 39.4%
Operating result€0.008m-€0.02m▲ 116%€0.009m▼ 47.5%€0.006m▼ 31.5%€0.08m▲ 13×€0.2m▲ 89.5%€0.1m▼ 35.7%€0.2m▲ 55.4%
Net result€0.006m-€0.01m▲ 111%€0.009mwithin the sector's middle half▼ 28.0%€0.004mbelow the sector's middle half▼ 55.0%€0.06mwithin the sector's middle half▲ 14×€0.1mwithin the sector's middle half▲ 93.6%€0.07mwithin the sector's middle half▼ 36.7%€0.1mwithin the sector's middle half▲ 54.3%
EBIT margin2.7%-6.1%▲ 3.3pp3.5%▼ 2.6pp2.2%▼ 1.2pp9.8%▲ 7.6pp10.0%▲ 0.2pp8.9%▼ 1.2pp22.7%▲ 13.8pp
Equity€0.09m-€0.1m▲ 13.7%€0.07mbelow the sector's middle half▼ 29.3%€0.04mbelow the sector's middle half▼ 48.2%€0.07mbelow the sector's middle half▲ 85.8%€0.1mbelow the sector's middle half▲ 52.3%€0.1mbelow the sector's middle half▲ 0.2%€0.1mbelow the sector's middle half▲ 9.0%
Total assets€0.1m-€0.1m▲ 3.8%€0.1mbelow the sector's middle half▼ 16.3%€0.08mbelow the sector's middle half▼ 27.6%€0.4mbelow the sector's middle half▲ 347%€0.4mbelow the sector's middle half▲ 9.8%€0.5mbelow the sector's middle half▲ 34.4%€0.3mbelow the sector's middle half▼ 41.8%
Debt€0.04m-€0.03m▼ 22.2%€0.04m▲ 33.5%€0.04m▲ 13.9%€0.3m▲ 587%€0.3m▼ 0.7%€0.4m▲ 47.5%€0.2m▼ 55.0%
Working capital€0.09m-€0.1m▲ 13.7%€0.07mwithin the sector's middle half▼ 31.8%€0.03mbelow the sector's middle half▼ 51.5%€0.07mbelow the sector's middle half▲ 97.9%€0.06mbelow the sector's middle half▼ 16.8%€0.03mbelow the sector's middle half▼ 46.4%-€0.02mbelow the sector's middle half
Solvency72.3%-79.3%▲ 6.9pp66.9%above the sector's middle half▼ 12.3pp47.9%within the sector's middle half▼ 19.0pp19.9%within the sector's middle half▼ 28.0pp27.6%within the sector's middle half▲ 7.7pp20.6%below the sector's middle half▼ 7.0pp38.6%within the sector's middle half▲ 18.0pp
Current ratio3.61-4.82▲ 1.212.95above the sector's middle half▼ 1.871.83within the sector's middle half▼ 1.121.24within the sector's middle half▼ 0.591.20within the sector's middle half▼ 0.041.07below the sector's middle half▼ 0.130.91below the sector's middle half▼ 0.16
Return on assets (ROA)4.7%-9.6%▲ 4.9pp8.2%within the sector's middle half▼ 1.3pp5.1%within the sector's middle half▼ 3.1pp16.2%above the sector's middle half▲ 11.0pp28.5%above the sector's middle half▲ 12.3pp13.4%above the sector's middle half▼ 15.1pp35.5%above the sector's middle half▲ 22.1pp
Staff (FTE)0.5below the sector's middle half
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €309,018
Fixed assets €135,853 ▲ 72.8%
Current assets €173,164 ▼ 61.7%
Equity and liabilities €309,018
Equity €119,187 ▲ 9.0%
Debt €189,831 ▼ 55.0%
Debt's share of the balance-sheet total falls from 79.4% to 61.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€176,798▲
2024 · €103,410
Cash flow
€135,750▲
2024 · €77,541
Quick ratio
0.75▼
2024 · 1.03
Debt to equity
1.59▼
2024 · 3.86
ROE
92.1%▲
2024 · 65.1%
Interest coverage
over 100▲
2024 · 58.56
Debt ≤ 1 year
€189,831▼
2024 · €421,572
Income taxes
€40,073▲
2024 · €24,605
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,445 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% 0.9%
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 74.5% 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 31,368 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 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.5m€0.3m▼
Fixed assets21/28€0.08m€0.1m▲
Intangible fixed assets21€0.08m€0.1m▲
Current assets29/58€0.5m€0.2m▼
Stocks and contracts in progress3€0.02m€0.03m▲
Stocks30/36€0.02m€0.03m▲
Goods purchased for resale34€0.02m€0.03m▲
Amounts receivable within one year40/41€0.4m€0.1m▼
Trade receivables40€0.1m€0.1m▼
Other amounts receivable41€0.3m€0.04m▼
Cash at bank and in hand54/58€468€345▼
Equity and liabilities
Total equity and liabilities10/49€0.5m€0.3m▼
Equity10/15€0.1m€0.1m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.09m€0.1m▲
Distributable reserves133€0.09m€0.1m▲
Amounts payable17/49€0.4m€0.2m▼
Amounts payable within one year42/48€0.4m€0.2m▼
Current portion of amounts payable after more than one year42€0.03m-
Trade debts44€0.4m€0.1m▼
Suppliers440/4€0.4m€0.1m▼
Taxes, remuneration and social security45€0.006m€0.07m▲
Taxes450/3€0.006m€0.07m▲
Income statement Code20242025
Operating income70/76A€1.1m€0.7m▼
Turnover70€1.1m€0.7m▼
Operating charges60/66A€1.0m€0.5m▼
Goods for resale, raw materials and consumables60€0.7m€0.3m▼
Purchases600/8€0.8m€0.3m▼
Change in stocks: decrease (increase)609-€0.01m-€0.01m▼
Services and other goods61€0.2m€0.2m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.006m€0.03m▲
Other operating charges640/8€0.001m€0.001m▲
Operating profit (loss)9901€0.1m€0.2m▲
Financial income75/76B€0.001m-
Recurring financial income75€0.001m-
Income from financial fixed assets750€488-
Other financial income752/9€14-
Financial charges65/66B€0.002m€0.001m▼
Recurring financial charges65€0.002m€0.001m▼
Debt charges650€0.002m€0.001m▼
Other financial charges652/9-€1
Profit (loss) for the period before taxes9903€0.1m€0.1m▲
Income taxes67/77€0.02m€0.04m▲
Taxes670/3€0.02m€0.04m▲
Profit (loss) for the period9904€0.07m€0.1m▲
Profit (loss) for the period to be appropriated9905€0.07m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.07m€0.1m▲
Transfer to equity691/2€191€0.01m▲
To other reserves6921€191€0.01m▲
Profit to be distributed694/7€0.07m€0.1m▲
Return on contributions (dividend)694€0.07m€0.1m▲

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€0.3m€0.8m€1.5m€1.1m€0.7m▼ 39.4%
Turnover70€0.3m€0.3m€0.3m€0.3m€0.8m€1.5m€1.1m€0.7m▼ 39.4%
Other operating income74-----€122---
Operating charges60/66A---€0.3m€0.7m€1.4m€1.0m€0.5m▼ 48.6%
Goods for resale, raw materials and consumables60---€0.1m€0.6m€1.0m€0.7m€0.3m▼ 57.3%
Purchases600/8---€0.1m€0.5m€1.0m€0.8m€0.3m▼ 56.3%
Change in stocks: decrease (increase)609----€0.02m€0.02m-€0.005m-€0.01m-€0.01m▼ 5.8%
Services and other goods61---€0.2m€0.2m€0.3m€0.2m€0.2m▼ 31.2%
Remuneration, social security and pensions62-----€0.02m---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€302€0.001m€0.001m€0.001m€0.006m€0.03m▲ 308%
Other operating charges640/8---€468€469€0.001m€0.001m€0.001m▲ 3.0%
Operating profit (loss)9901€0.008m€0.02m€0.009m€0.006m€0.08m€0.2m€0.1m€0.2m▲ 55.4%
Financial income75/76B---€0€0€253€0.001m--
Recurring financial income75€301€0€0.004m€0€0€253€0.001m--
Income from financial fixed assets750-----€251€488--
Other financial income752/9---€0€0€2€14--
Financial charges65/66B---€485€434€0.001m€0.002m€0.001m▼ 44.8%
Recurring financial charges65€0.001m€482€0.001m€485€434€0.001m€0.002m€0.001m▼ 44.8%
Debt charges650€0.001m€481€0.001m€481€432€0.001m€0.002m€0.001m▼ 44.9%
Other financial charges652/9---€4€2€2-€1-
Profit (loss) for the period before taxes9903€0.008m€0.02m€0.01m€0.006m€0.08m€0.2m€0.1m€0.1m▲ 56.5%
Income taxes67/77€0.002m€0.004m€0.003m€0.002m€0.02m€0.04m€0.02m€0.04m▲ 62.9%
Taxes670/3---€0.002m€0.02m€0.04m€0.02m€0.04m▲ 62.9%
Profit (loss) for the period9904€0.006m€0.01m€0.009m€0.004m€0.06m€0.1m€0.07m€0.1m▲ 54.3%
Profit (loss) for the period to be appropriated9905€0.006m€0.01m€0.009m€0.004m€0.06m€0.1m€0.07m€0.1m▲ 54.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€128,024€132,858€111,226€80,474€359,587€394,945€530,929€309,018▼ 41.8%
Fixed assets21/28--€2,673€3,746€2,768€51,790€78,614€135,853▲ 72.8%
Intangible fixed assets21--€2,673€3,746€2,768€1,790€78,614€135,853▲ 72.8%
Financial fixed assets28-----€50,000---
Affiliated companies280/1-----€50,000---
Amounts receivable281-----€50,000---
Current assets29/58€128,024€132,858€108,553€76,728€356,820€343,155€452,314€173,164▼ 61.7%
Stocks and contracts in progress3€3,486€3,815€893€18,275-€4,813€17,788€31,516▲ 77.2%
Stocks30/36---€18,275-€4,813€17,788€31,516▲ 77.2%
Goods purchased for resale34---€18,275-€4,813€17,788€31,516▲ 77.2%
Amounts receivable within one year40/41€81,502€55,737€70,568€21,044€243,252€336,019€434,058€141,303▼ 67.4%
Trade receivables40---€4,094€243,252€318,931€145,962€98,809▼ 32.3%
Other amounts receivable41---€16,950-€17,089€288,095€42,493▼ 85.3%
Cash at bank and in hand54/58€43,036€72,835€37,092€37,409€113,567€2,323€468€345▼ 26.3%
Equity and liabilities
Total equity and liabilities10/49€128,024€132,858€111,226€80,474€359,587€394,945€530,929€309,018▼ 41.8%
Equity10/15€92,599€105,309€74,459€38,581€71,690€109,166€109,357€119,187▲ 9.0%
Contributions10/11€20,000€20,000€0€20,000€20,000€20,000€20,000€20,000=
Reserves13€72,599€85,309€54,459€18,581€51,690€89,166€89,357€99,187▲ 11.0%
Non-distributable reserves130/1---€2,000€2,000----
Reserves not available under the articles1311---€2,000€2,000----
Distributable reserves133---€16,581€49,690€89,166€89,357€99,187▲ 11.0%
Amounts payable17/49€35,425€27,549€36,767€41,893€287,898€285,779€421,572€189,831▼ 55.0%
Amounts payable within one year42/48€35,425€27,549€36,767€41,893€287,898€285,779€421,572€189,831▼ 55.0%
Current portion of amounts payable after more than one year42----€20,000€50,000€25,000--
Trade debts44€28,759€20,860€24,036€38,098€230,679€160,779€390,775€123,901▼ 68.3%
Suppliers440/4---€38,098€230,679€160,779€390,775€123,901▼ 68.3%
Taxes, remuneration and social security45---€3,795€37,218-€5,797€65,931▲ 11×
Taxes450/3---€3,795€37,218-€5,797€65,931▲ 11×
Other amounts payable47/48-----€75,000---
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€6,030€12,711€9,150€4,122€58,109€112,476€71,191€109,830▲ 54.3%
+ Depreciation and write-downs630--€302€843€978€978€6,350€25,921▲ 308%
Operating cash flow (approximation)€6,030€12,711€9,451€4,965€59,087€113,454€77,541€135,750▲ 75.1%
Investment in fixed assets (approximation)----€1,915€0-€50,000-€33,175-€83,160▼ 151%
Change in cash-€29,799-€35,742€317€76,158-€111,245-€1,854-€123▲ 93.4%

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

Download as CSV

Latest 10 of 27 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 27-08-2026 2026-00447126
31-12-2024 full format 28-08-2025 2025-00443464
31-12-2023 full format 29-08-2024 2024-00420264
31-12-2022 full format 31-08-2023 2023-00419041
31-12-2021 full format 26-08-2022 2022-20380217
31-12-2020 full format 13-07-2021 2021-35400503
31-12-2019 full format 03-09-2020 2020-51100066
31-12-2018 full format 28-08-2019 2019-55800449
31-12-2017 full format 30-07-2018 2018-39800246
31-12-2016 full format 21-08-2017 2017-44900524

Show all 27 filings

Similar companies · same sector, comparable size

Of the 4,310 active companies whose main activity is agents specialised in the wholesale of other particular products (NACE 46180), figures are known for 1,937. 1,432 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2024

Board 2

HET VEER
Director · since 05-02-2024 · Legal entity · permanent representative: VANDOORNE Sophie
Current
VANDOORNE Rik
Director · since 05-02-2024
Current

Permanent representatives 1

VANDOORNE Sophie
Permanent representative · since 05-02-2024 · for HET VEER
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 3 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
HET VEER
  • Director, from 05-02-2024 to date
VANDOORNE Rik
  • Manager, until 05-02-2024
  • Director, from 05-02-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. HET VEER 100%
  2. COTRABEL

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

Owners 1

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Capital over the years
  1. 05-02-2024 Converted to unavailable equity
  2. 05-02-2024 Converted to uncalled contributions

Group and network

Part of the group HET VEER 14 companies Group, risk and exposure

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

COTRABEL was incorporated on 4 December 1997.1 The registered office was moved to Deinze in 2022.2 Turnover grew from €286,994 in 2018 to €664,479 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 06-07-2022
  3. 3National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
financial year 2025 · full format · 27 days late
2025
28-08
NBB filing Annual accounts filed
financial year 2024 · full format · 28 days late
2024
29-08
NBB filing Annual accounts filed
financial year 2023 · full format · 29 days late
05-02
Gazette deed Resignation: VANDOORNE Rik (manager)
Appointments: VANDOORNE Rik (director) and HET VEER (director) · Permanent representative: VANDOORNE Sophie · Legal-form conversion14 facts ▸
  • General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
  • Legal-form conversion, “besloten vennootschap (BV)” (deed in Dutch)
  • Purpose change
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Capital conversion, “eigen vermogensrekening 'niet-opgevraagde inbrengen'” (deed in Dutch)
  • Reserve release, “statutair onbeschikbare eigen vermogensrekening, opheffen” (deed in Dutch)
  • Amendment of the articles
  • Capital
  • Director resignation, VANDOORNE Rik (manager)
  • Director appointment, VANDOORNE Rik (director)
  • Director appointment, HET VEER (director)
  • Permanent representative, VANDOORNE Sophie
  • +2 further facts in this act
2023
31-12
Financial Highest result from 2018 to 2025net €112,476 ▲93.6%
Operating result €151,054, net result €112,476, both a record.
31-12
Financial Equity above €100,000equity €109,166 ▲52.3%
A profit in every financial year since 2018 builds equity to €109,166.
31-08
NBB filing Annual accounts filed
financial year 2022 · full format · 31 days late
2022
26-08
NBB filing Annual accounts filed
financial year 2021 · full format · 26 days late
06-07
Gazette deed Registered office
Registered-office move2 facts ▸
  • Board meeting, 16-12-2021
  • Registered-office move, Moorstraat 24,9850 Deinze
2021
31-12
Financial Weakest financial yearnet €4,122 ▼55%
Net result drops to €4,122, the lowest in the series; recovery starts the following year.
13-07
NBB filing Annual accounts filed
financial year 2020 · full format
2020
03-09
NBB filing Annual accounts filed
financial year 2019 · full format · 34 days late
Show earlier events
2019
31-12
Financial Equity above €100,000equity €105,309 ▲13.7%
A profit in every financial year since 2018 builds equity to €105,309.
28-08
NBB filing Annual accounts filed
financial year 2018 · full format · 28 days late
2018
30-07
NBB filing Annual accounts filed
financial year 2017 · full format
2017
21-08
NBB filing Annual accounts filed
financial year 2016 · full format · 21 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 27 annual accounts filed, the latest 10 are here; all 27 are under Financials.
2 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded04-12-1997
Financial year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
43211General electrical installation work
46500Wholesale of information and communication equipment
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0462035447
Also 9925:BE0462035447
Registered 22-09-2025

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

Register as of 30 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0462.035.447

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 1998
registered office establishment The establishment unit on the map
Ground area
3.1 ha
Building footprint
1.1 ha
Building volume
71,949 m³
Parcel 44030C0392/00H000, Flanders · tallest building 9.9 m. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
COTRABEL
Moorstraat 24, 9850 DeinzeAgents specialised in the wholesale of other particular products
since 1998unit no. 2.085.213.354
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44030C0392/00H000 Flanders 3.1 ha 1 · 1.1 ha 9.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het uitoefenen van informatica en aanverwante activiteiten, vooral de realisatie van programma’s en gebruiksklare systemen; Het leveren van…” (deed in Dutch)
23 activities (deed in Dutch)
  1. Het uitoefenen van informatica en aanverwante activiteiten, vooral de realisatie van programma’s en gebruiksklare systemen
  2. Het leveren van administratieve, commerciële en technische dienstprestaties voor alle takken van handel
  3. Nijverheid, fabricage, bouw, afbraak, vervoer, distributie, enzovoort
  4. Onderneming voor het plaatsen van verlichting, drijfkracht, telefoon en condensatoren
  5. Aankoop en verkoop, huur en verhuur van alle aanverwante roerende goederen inzake verlichting, drijfkracht, telefoon en condensatoren
  6. Tussenpersoon in de handel zowel voor import als export
  7. Dienstverlening en het management in het algemeen
  8. Het geven van adviezen allerhande
  9. De aan- en verkoop van allerlei roerende goederen, alsmede binnenhuisinrichtingen alle daarmee verband houdende voorwerpen en activiteiten, zowel in het groot als in het klein. Het huren en verhuren, het in leasing geven en nemen van alle mogelijke roerende en onroerende goederen, alsmede de herstelling en het onderhoud van deze goederen
  10. Het uitbaten van groot- en kleinhandel, de invoer en uitvoer van meubelen en aanverwanten, tapijten, huisraad, huishoudartikelen, textiel, lederwaren en allerlei non-food artikelen
  11. Het patrimonium gevormd door de inbrengsten en grotendeels bestaande uit onroerende goederen te behouden, te beheren en oordeelkundig uit te breiden. Binnen het kader van haar voorwerp zal de vennootschap mogen overgaan tot het aankopen, opschikken, uitrusten, valoriseren, bouwen, verhuren of in huur nemen van onroerende goederen, al dan niet gemeubeld en eveneens verhuren van rollend materiaal
  12. Alle immobillaire operaties of er mede verband houdende verrichtingen te doen met name aankoop, verkoop, ruilen, verhuring, expertise, beheer, onroerende promotie, omvorming of ombouwing en valorisatie van onroerende goederen van alle aard, zo gronden als gebouwen, zo op het platte land als in bebouwde kommen, in voorkomend geval bij middel van lotisering, verkaveling, nieuwbouw, heropbouw of verbouwing, voorts het kopen, verkopen en ruilen van alle welkdanige aandelen, delen en andere maatschappelijke rechten, obligaties en in het algemeen van alle roerende waarden
  13. Het verlenen van persoonlijke als zakelijke, roerende als onroerende waarborgen ten voordele van derden
  14. Alle financiële verrichtingen onder welke vorm van lening, kredietopening of andere wijze, met uitzondering van de financiële verrichtingen voorbehouden aan depositobanken en private spaarkassen, en onder voorwaarde van het bekomen van eventuele noodzakelijke machtigingen en aanvaardingen
  15. Alle roerende materialen en installaties kopen, huren, verhuren, produceren, oprichten, verkopen en ruilen, en alle daden en transacties stellen die tot de verwezenlijking van het voorwerp kunnen bijdragen
  16. De handel de vervaardiging en de montage van alle materialen die gebruikt worden bij elektrische installaties. Het vervaardigen, het monteren en de handel in alle metalen constructies
  17. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer van een onroerend patrimonium, alsook van een roerend patrimonium doch dit slechts voor eigen rekening
  18. Het waarnemen van bestuurdersmandaten in andere vennootschappen
  19. De vennootschap mag samenwerken met of deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in ondernemingen van allerlei aard, alle verbintenissen aangaan, onroerende goederen kopen en verkopen, kredieten en leningen aangaan en toestaan, zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven
  20. De vennootschap mag alle industriële en handelsverrichtingen en verhandelingen van onroerende, roerende of financiële aard uitvoeren die rechtstreeks of onrechtstreeks bij haar voorwerp aansluiten
  21. Zij mag verrichtingen van roerende en onroerende huur aangaan. De vennootschap mag haar voorwerp verwezenlijken op alle wijzen die zij best geschikt acht, voor eigen rekening of voor rekening van derden, zo in België als in het buitenland. Zij mag deelnemen aan de bedrijvigheid van andere vennootschappen met hetzelfde of verwant voorwerp, door inbreng, fusie of hoe dan ook
  22. Zij mag haar goederen verpanden tot waarborg van verbintenissen van derden voor wie zij borgstelling willen verlenen
  23. De vennootschap zal alle burgerlijke, industriële, commerciële, financiële, roerende en onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp, die van aard zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden, en die daartoe noodzakelijk zijn, nuttig of zelfs alleen maar bevorderend

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 05-02-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, 1” (deed in Dutch)
“Mogelijkheid een deel van deze bevoegdheden te delegeren, enkel de algemene vergadering heeft het recht een nieuwe bestuurder te benoemen” (deed in Dutch)

deed of 05-02-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed

deed of 05-02-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Saturday of May at 14:00

deed of 05-02-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

1 more provision in the deed, see the deed of 06-07-2022

deed of 06-07-2022