ACTIVE

COENEN

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

25,8 k €

-81.0% YoY

Gross margin

211,7 k €

-7.6% YoY

Equity

991,2 k €

+2.7% YoY

What does COENEN do?

COENEN is a Public limited company incorporated in 1993. Its main activity is: Manufacture of furniture. Its registered office is in Maasmechelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.332.684

Incorporation

29/11/1993

Legal form

Public limited company

Registered office

Industrielaan(M) 80
3630 Maasmechelen · FlandreSee on map

Contributed capital

831 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

31004Manufacture of furniture· main 31091Manufacture of other furniture 36141Water collection, treatment and supply 43320Joinery installation 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	211,7 k €	-7.6%	229 k €	+6.7%	214,5 k €	-28.4%	299,7 k €	+2.0%	293,9 k €	+14.7%	256,2 k €	-41.1%	435,1 k €	+30.3%	334 k €	-3.2%	345,2 k €	-30.7%	498 k €		–		–		853,8 k €	+89.4%	450,8 k €	+1.0%	446,6 k €	-12.6%	510,7 k €	+37.6%	371,2 k €	-33.2%	555,6 k €	+16.9%	475,4 k €	+24.5%	381,8 k €
EBITDA	60,7 k €	-30.2%	86,9 k €	+26.9%	68,5 k €	-44.5%	123,4 k €	-12.0%	140,2 k €	+9.5%	128,1 k €	-40.3%	214,7 k €	+149%	86,1 k €	+28.6%	66,9 k €	-34.5%	102,2 k €	-18.9%	126,1 k €	-64.8%	357,8 k €	-34.2%	543,6 k €	+210%	175,1 k €	-13.6%	202,6 k €	-22.1%	260,1 k €	+106%	126,4 k €	-56.7%	292,3 k €	+25.1%	233,7 k €	+27.3%	183,6 k €
Operating result	27,4 k €	-49.1%	53,8 k €	+54.7%	34,8 k €	-60.7%	88,3 k €	-15.1%	104 k €	+13.2%	91,9 k €	-45.9%	169,9 k €	+324%	40,1 k €	+2306%	1,7 k €	-97.4%	63,6 k €	-25.1%	84,9 k €	-73.2%	316,8 k €	-36.3%	497,8 k €	+267%	135,5 k €	-17.1%	163,4 k €	-20.4%	205,4 k €	+218%	64,5 k €	-71.4%	225,3 k €	+30.6%	172,6 k €	+42.0%	121,6 k €
Net result	25,8 k €	-81.0%	135,6 k €	+134%	58 k €	+50.7%	38,5 k €	-56.1%	87,7 k €	+15.3%	76,1 k €	-33.1%	113,7 k €	+583%	16,6 k €	+35.1%	12,3 k €	-71.8%	43,7 k €	-22.7%	56,5 k €	-75.8%	233,5 k €	-30.7%	337,1 k €	+209%	109,1 k €	-6.5%	116,7 k €	-18.6%	143,5 k €	+586%	20,9 k €	-85.4%	143,3 k €	-0.1%	143,3 k €	+73.3%	82,7 k €
Balance sheet
Equity	991,2 k €	+2.7%	965,4 k €	-36.9%	1,5 M €	+3.9%	1,5 M €	+2.7%	1,4 M €	+6.5%	1,3 M €	+6.0%	1,3 M €	+9.8%	1,2 M €	+1.5%	1,1 M €	+1.1%	1,1 M €	+4.0%	1,1 M €	-29.0%	1,5 M €	+18.1%	1,3 M €	+24.2%	1 M €	+11.7%	932,4 k €	+14.3%	815,7 k €	+21.3%	672,2 k €	+3.2%	651,3 k €	+28.2%	508,1 k €	+39.3%	364,7 k €
Total assets	1 M €	-40.3%	1,7 M €	+7.4%	1,6 M €	+2.6%	1,6 M €	+1.2%	1,5 M €	-0.7%	1,6 M €	+4.4%	1,5 M €	+11.2%	1,3 M €	-0.2%	1,3 M €	-4.4%	1,4 M €	+22.4%	1,1 M €	-31.1%	1,7 M €	+1.2%	1,6 M €	+18.6%	1,4 M €	+3.6%	1,3 M €	+10.5%	1,2 M €	+14.1%	1,1 M €	-0.1%	1,1 M €	+20.0%	885,5 k €	+20.3%	736,2 k €
Cash	137,5 k €	-77.5%	610,8 k €	+495%	102,7 k €	-79.8%	508,8 k €	+13.7%	447,4 k €	-19.0%	552,5 k €	+42.3%	388,2 k €	+5.0%	369,7 k €	-52.7%	781,6 k €	-7.8%	847,6 k €	-1.8%	863 k €	-38.8%	1,4 M €	+38.2%	1 M €	+42.4%	716,7 k €	+17.3%	611,1 k €	-1.5%	620,4 k €	+61.0%	385,4 k €	+54.4%	249,5 k €	+31.6%	189,6 k €	-5.3%	200,2 k €
Debts	35,8 k €	-95.2%	752,8 k €	+967%	70,5 k €	-19.3%	87,4 k €	-20.6%	110 k €	-47.1%	208 k €	-4.9%	218,7 k €	+19.5%	183 k €	-9.8%	202,8 k €	-26.6%	276,3 k €	+341%	62,6 k €	-53.8%	135,5 k €	-60.8%	345,6 k €	+0.4%	344,2 k €	-15.1%	405,6 k €	+2.7%	394,8 k €	+1.5%	388,8 k €	-5.5%	411,3 k €	+8.9%	377,5 k €	+1.6%	371,5 k €
Other
Workforce	–		–		–		–		2,7 ETP	-10.0%	3,0 ETP	-25.0%	4,0 ETP	-16.7%	4,8 ETP	-23.8%	6,3 ETP	-10.0%	7,0 ETP	+20.7%	5,8 ETP	-3.3%	6,0 ETP	0.0%	6,0 ETP	+13.2%	5,3 ETP	+6.0%	5,0 ETP	0.0%	5,0 ETP	-13.8%	5,8 ETP	-1.7%	5,9 ETP	+5.4%	5,6 ETP	0.0%	5,6 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 · 2 active · 11 ended

Active mandates

Emile Baillien

Director · since 01 octobre 2022 · until 01 juin 2028

Active

Jan Baillien

Managing director · since 01 octobre 2022 · until 01 juin 2028

Active

Ended mandates

Emile Baillien

Director · since 22 décembre 2023 · until 22 décembre 2029

Ended

Jan Baillien

Managing director · since 22 décembre 2023 · until 22 décembre 2029

Ended

Emile Baillien

Director · since 16 octobre 2020 · until 16 octobre 2026

Ended

Jan Baillien

Managing director · since 16 octobre 2020 · until 16 octobre 2026

Ended

At this address

Other companies at this address

Company	CBE no.
OZ BOUW● Active	0692.856.944

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/07/2026	20/08/2025	26/07/2024	30/06/2023	29/07/2022	01/07/2021
General meeting	04/06/2026	05/06/2025	06/06/2024	01/06/2023	02/06/2022	03/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/06/2026	25/07/2026	Dutch	PDF
Micro model	31/12/2024	05/06/2025	20/08/2025	Dutch	PDF
Micro model	31/12/2023	06/06/2024	26/07/2024	Dutch	PDF
Micro model	31/12/2022	01/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	02/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	03/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	04/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	06/06/2019	11/06/2019	Dutch	PDF
Abridged model	31/12/2017	07/06/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	19/06/2017	Dutch	PDF
Full model	31/12/2015	02/06/2016	10/06/2016	Dutch	PDF
Full model	31/12/2014	04/06/2015	02/07/2015	Dutch	PDF
Abridged model	31/12/2013	05/06/2014	10/06/2014	Dutch	PDF
Abridged model	31/12/2012	06/06/2013	26/06/2013	Dutch	PDF
Abridged model	31/12/2011	07/06/2012	12/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	29/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	27/07/2007	Dutch	PDF

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 · 2 active · 11 ended

Active mandates

Emile Baillien

Director · since 01 octobre 2022 · until 01 juin 2028

Active

Jan Baillien

Managing director · since 01 octobre 2022 · until 01 juin 2028

Active

Ended mandates

Emile Baillien

Director · since 22 décembre 2023 · until 22 décembre 2029

Ended

Jan Baillien

Managing director · since 22 décembre 2023 · until 22 décembre 2029

Ended

Emile Baillien

Director · since 16 octobre 2020 · until 16 octobre 2026

Ended

Jan Baillien

Managing director · since 16 octobre 2020 · until 16 octobre 2026

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/01/2014
KAPITAAL - AANDELEN
PDF
Mandates21/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2006
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 202525,8 k €↓
2024
Annual accounts 2024135,6 k €↑
2023
Annual accounts 202358 k €↑
2022
Annual accounts 202238,5 k €↓
2021
Annual accounts 202187,7 k €↑
2020
Annual accounts 202076,1 k €↓
2019
Annual accounts 2019113,7 k €↑
2018
Annual accounts 201816,6 k €↑
2017
Annual accounts 201712,3 k €↓
2016
Annual accounts 201643,7 k €↓
2015
Annual accounts 201556,5 k €↓
2014
Annual accounts 2014233,5 k €↓
2013
Annual accounts 2013337,1 k €↑
2012
Annual accounts 2012109,1 k €↓
2011
Annual accounts 2011116,7 k €↓
2010
Annual accounts 2010143,5 k €↑
2009
Annual accounts 200920,9 k €↓
2008
Annual accounts 2008143,3 k €↓
2007
Annual accounts 2007143,3 k €↑
2006
Annual accounts 200682,7 k €
29/11/1993
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

COENEN

Overview

What does COENEN do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline