Koutermolen
Koutermolen and the 44 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.
Sum of the filed annual accounts of 45 of the 45 Belgian companies (financial years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.
Koutermolen also files consolidated accounts (financial year 2025): the real group figures, with intra-group positions eliminated. Checked does not read their figures yet; the document is at the National Bank's Central Balance Sheet Office.
Group risk
How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.
- The parent itself: Koutermolen, no verdict.
- 5 companies with negative equity: Meat Atelier (-€6.7m), HORENA (-€1.6m), Smeetrans (-€815,672), BLANCKE (-€318,483), D-GLAS (-€183,194).
- 9 companies with a loss in the latest year: D-GLAS (-€1.8m), Meat Atelier (-€1.2m), Smeetrans (-€357,191), Tripan (-€326,242), URTEX (-€195,611), HORENA (-€108,150) and 3 more.
- 1 company no longer active in the register: DE BOOM.
- 28.1% of the added-up total assets sits in one company: Koutermolen.
- 0.3% of the added-up total assets sits at companies with an elevated or high risk.
Group structure
Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.
- Koutermolen6 subsidiariesNo verdict€410.0m €358.5m 2025
- Fair · 51€7.2m -€6.7m 2025
- WILLY NAESSENS BUILD12 subsidiariesNo verdict€283.5m €248.4m 2025
- Elevated · 55€215,249 €10,268 2025
- Fair · 46€14.5m -€183,194 2025
- DE BOOM INVEST1 subsidiaryHealthy · 83€13.5m €4.7m 2025
- Healthy · 96€1.8m €957,864 2025
- Healthy · 98€3.4m €2.2m 2025
- Fair · 98€897,444 €896,171 2025
- Healthy · 84€6.0m €2.4m 2025
- Fair · 50€3.6m -€815,672 2025
- Healthy · 84€15.9m €5.9m 2025
- Healthy · 67€7.9m €1.4m 2025
- Healthy · 86€19.6m €3.7m 2025
- WILLY NAESSENS INDUSTRIEBOUW1 subsidiaryHealthy · 85€228.9m €83.3m 2025
- Healthy · 91€80,791 €79,218 2025
- WILLY NAESSENS CONCRETE9 subsidiariesNo verdict€102.6m €82.4m 2025
- Healthy · 92€6.9m €3.1m 2025
- Healthy · 92€9.3m €2.6m 2025
- Healthy · 92€21.5m €10.0m 2025
- Healthy · 86€25.0m €4.3m 2025
- Healthy · 86€19.7m €4.5m 2025
- Healthy · 85€23.2m €683,988 2025
- Healthy · 87€15.7m €4.6m 2025
- WILLY NAESSENS FOOD5 subsidiariesNo verdict€45.4m €9.0m 2025
- Fair · 54€5.7m -€318,483 2025
- Healthy · 85€3.2m €81,155 2025
- Healthy · 89€3.0m €2.1m 2025
- Healthy · 92€792,144 €353,671 2025
- Healthy · 96€61,458 €60,146 2025
- WILLY NAESSENS INVEST5 subsidiariesNo verdict€22.3m €16.8m 2025
- Healthy · 95€12.9m €2.9m 2025
- Fair · 54€753,742 -€1.6m 2025
- Healthy · 93€12.1m €1.6m 2025
- Healthy · 96€1.6m €1.6m 2025
- Healthy · 96€780,659 €710,514 2025
- WILLY NAESSENS SWIMMING POOLS1 subsidiaryHealthy · 65€15.4m €1.8m 2025
- Healthy · 98€2.9m €2.2m 2025
High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.
Events in the group
Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.
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Registered office moved to Waregem
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BV HELEMAT appointed as day-to-day manager
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Dissolution of the company
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Share cancellation
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Dissolution of the company
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BV INGELBEEN resigns as non-statutory director
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1 director appointed, 1 director resigning
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1 director appointed, 4 reappointed
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5 reappointed
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Capital contribution
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Change of permanent representative
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5 reappointed
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1 director appointed, 1 reappointed
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1 director appointed, 1 director resigning
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BV Hervée appointed as day-to-day manager
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Don Mouling appointed as day-to-day manager
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BV INGELBEEN resigns as non-statutory director
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BV Setra Bree appointed as day-to-day manager
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BV Events & Consulting appointed as day-to-day manager
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Change of permanent representative
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2 directors appointed, 5 reappointed
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1 director appointed, 1 reappointed
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BV INGELBEEN resigns as non-statutory director
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Stefan Van Ooteghem appointed as day-to-day manager
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BV Mass appointed as day-to-day manager
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1 director appointed, 5 reappointed
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TIKABI appointed as day-to-day manager
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BV INGELBEEN resigns as non-statutory director
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Bert De Clercq reappointed as wettelijk vertegenwoordiger
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2 directors appointed, 1 director resigning
The 30 most recent; each dossier shows its company's full timeline.
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Where do these figures come from?
Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.
The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.
The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.
Updated on 12-10-2026