DE COENE - PRODUCTS
ActiveFrom the official registers: KBO 49 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DE COENE - PRODUCTS has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €415,046. Equity has been growing by about 9.1% per year since 2018. Its solvency ranks better than 31% of 173 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
KBO- Status
- Active since 01-01-1977 Normal situation
- Activity
- Sawmilling and planing of wood NACE 16110and 2 others
- Establishment units
- 2.013.047.631 8560 Wevelgem, since 01-01-1977
- 2.191.361.840 3530 Houthalen-Helchteren, since 01-07-2010
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- Elsje PotteauChair
- INVELManaging director · permanent representative Clinckemaillie Luc
- VERCLIManaging director · permanent representative Vercauteren Dries
- Am4Daily manager · permanent representative Jan GOOSSENS
- Auditor
- FOQUE & PARTNERS BV
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Turnover
- €24.1m
- ▼ 8.4%
- Profit
- €415,046
- ▲ 8.8%
- Equity
- €3.7m
- ▲ 12.6%
- Total assets
- €11.1m
- ▲ 17.3%
- Staff
- 101.5 FTE
- ▼ 0.9%
Score breakdownraises riskLiquidity: current ratio 1.77, cash €56,452Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskFounded in 1977Legal form: public limited companyShow the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 (all companies). It does better than 48% of them on solvency, 28% on liquidity, 52% on profitability and 49% on growth.
The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Key points
- New directorslatest change 18-06-2026 · 4 in office 4 joined View
- Positive: 4th largest employer in West Flanders, Wood and cork sectorin the Checked rankings No. 4 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €415,046 8 years View
- Flemish supportawarded from 2022 to 2025 €141,536 View
Comparable companies
These companies have the same main activity as DE COENE - PRODUCTS: sawmilling and planing of wood (NACE 16110). They are comparable in size and age: total assets between €11m and €65m, founded between 1968 and 1998.
| Company | Total assets | Turnover |
|---|---|---|
| DE COENE - PRODUCTS Wevelgem | €11.1m | €24.1m |
| EURABO Ronse | €10.9m | €20.6m |
| Houthandel Denis Luyten Herentals | €13.0m | €16.1m |
| FRUYTIER Scierie Marche-en-Famenne | €65.5m | €23.2m |
| BELWOOD AMEL Amel | €15.2m | €23.6m |
| CARPENTIER HARDWOOD SOLUTIONS Tielt | €19.6m | €14.0m |
| Carlens Aarschot | €17.0m | €17.0m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 30-06-2026
- Annual accounts 2024filed on 02-06-2025
- Annual accounts 2023filed on 05-06-2024
- Annual accounts 2022filed on 14-06-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 17-07-2026
- Resignations & appointmentsact of 14-07-2025
- Resignations & appointmentsact of 11-09-2023
- Resignations & appointmentsact of 06-03-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about DE COENE - PRODUCTS
- What is the company number of DE COENE - PRODUCTS?
- The company number of DE COENE - PRODUCTS is 0416.684.779. The VAT number is the same number with BE in front: BE 0416.684.779.
- Where is DE COENE - PRODUCTS based?
- The registered office is at Europalaan 135, 8560 Wevelgem.Company details
- What does DE COENE - PRODUCTS do?
- According to the KBO register, the main activity is sawmilling and planing of wood (NACE 16110).
- What is the legal form of DE COENE - PRODUCTS?
- The legal form of DE COENE - PRODUCTS is Public limited company (NV).
- When was DE COENE - PRODUCTS founded?
- DE COENE - PRODUCTS was founded on 01-01-1977.
- Is DE COENE - PRODUCTS still active?
- Yes, DE COENE - PRODUCTS is an active enterprise in the KBO register.
- How many employees does DE COENE - PRODUCTS have?
- DE COENE - PRODUCTS had an average of 101.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of DE COENE - PRODUCTS?
- The turnover of DE COENE - PRODUCTS was €24.1m in financial year 2025, according to the filed annual accounts.
- Is DE COENE - PRODUCTS profitable?
- In financial year 2025, DE COENE - PRODUCTS made a profit of €415,046.
- Where can I find the annual accounts of DE COENE - PRODUCTS?
- DE COENE - PRODUCTS filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of DE COENE - PRODUCTS due?
- DE COENE - PRODUCTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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