ACTIVE

COATEX

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Financial year 2025 · closed on 31/12/2025
Net result
153,9 k €
+168.8% YoY
Revenue
15,2 M €
+13.2% YoY
Equity
1,7 M €
+9.8% YoY
Workforce
54,6 ETP
+4.4% YoY

What does COATEX do?

COATEX is a Public limited company incorporated in 1988. Its registered office is in Poperinge. It employs on average 54,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0434.140.425
Incorporation
29/04/1988
Legal form
Public limited company
Registered office
Sappenleenstraat 3-4
8970 Poperinge · FlandreSee on map
Contributed capital
800 000,00 €
Latest accounts
31/12/2025
Average workforce
54,6 ETP
Joint committees (2)
  • 109
  • 215
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue15,2 M €13,5 M €14,9 M €16,9 M €16 M €
EBITDA987,4 k €592,2 k €956,2 k €1,8 M €1,3 M €
Operating result459,3 k €94,6 k €428,7 k €1,6 M €1 M €
Net result153,9 k €-223,7 k €100,7 k €1,1 M €664,4 k €
Balance sheet
Equity1,7 M €1,6 M €1,8 M €1,7 M €1,6 M €
Total assets10,1 M €9,9 M €9,1 M €8,1 M €7,2 M €
Cash187,4 k €125,9 k €230,7 k €217,1 k €169,2 k €
Debts8,2 M €8,1 M €7,1 M €6,3 M €5,3 M €
Other
Workforce54,6 ETP52,3 ETP51,0 ETP50,2 ETP53,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 4 ended

Active mandates

Kurt Vauterin

Director · since 09 mai 2025 · until 10 mai 2030

Active
Danielle SIOEN

Director · since 10 mai 2024 · until 10 mai 2030

Active
Michèle SIOEN

Managing director · since 10 mai 2024 · until 10 mai 2030

Active
Pascale SIOEN

Director · since 10 mai 2024 · until 10 mai 2030

Active

Ended mandates

Geert Asselman

Director · since 10 mai 2019 · until 09 mai 2025

Ended
Danielle SIOEN

Director · since 11 mai 2018 · until 10 mai 2024

Ended
Michèle SIOEN

Managing director · since 11 mai 2018 · until 10 mai 2024

Ended
Pascale SIOEN

Director · since 11 mai 2018 · until 10 mai 2024

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/05/202626/05/202528/05/202430/05/202324/05/202231/05/2021
General meeting08/05/202609/05/202510/05/202412/05/202313/05/202214/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202508/05/202629/05/2026DutchPDF
Full model31/12/202409/05/202526/05/2025DutchPDF
Full model31/12/202310/05/202428/05/2024DutchPDF
Full model31/12/202212/05/202330/05/2023DutchPDF
Full model31/12/202113/05/202224/05/2022DutchPDF
Full model31/12/202014/05/202131/05/2021DutchPDF
Full model31/12/201908/05/202018/06/2020DutchPDF
Full model31/12/201810/05/201928/05/2019DutchPDF
Full model31/12/201711/05/201813/06/2018DutchPDF
Full model31/12/201612/05/201731/05/2017DutchPDF
Full model31/12/201513/05/201630/05/2016DutchPDF
Full model31/12/201408/05/201510/06/2015DutchPDF
Full model31/12/201309/05/201416/06/2014DutchPDF
Full model31/12/201210/05/201310/06/2013DutchPDF
Full model31/12/201111/05/201201/06/2012DutchPDF
Full model31/12/201013/05/201128/06/2011DutchPDF
Full model31/12/200914/05/201011/06/2010DutchPDF
Full model31/12/200808/05/200922/06/2009DutchPDF
Full model31/12/200709/05/200826/06/2008DutchPDF
Full model31/12/200611/05/200726/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 4 ended

Active mandates

Kurt Vauterin

Director · since 09 mai 2025 · until 10 mai 2030

Active
Danielle SIOEN

Director · since 10 mai 2024 · until 10 mai 2030

Active
Michèle SIOEN

Managing director · since 10 mai 2024 · until 10 mai 2030

Active
Pascale SIOEN

Director · since 10 mai 2024 · until 10 mai 2030

Active

Ended mandates

Geert Asselman

Director · since 10 mai 2019 · until 09 mai 2025

Ended
Danielle SIOEN

Director · since 11 mai 2018 · until 10 mai 2024

Ended
Michèle SIOEN

Managing director · since 11 mai 2018 · until 10 mai 2024

Ended
Pascale SIOEN

Director · since 11 mai 2018 · until 10 mai 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025153,9 k €↑
  2. 2024
    Annual accounts 2024-223,7 k €↓
  3. 2023
    Annual accounts 2023100,7 k €↓
  4. 2022
    Annual accounts 20221,1 M €↑
  5. 2021
    Annual accounts 2021664,4 k €
  6. 29/04/1988
    IncorporationPublic limited company