ACTIVE

B-COAT

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Financial year 2025 · closed on 31/12/2025

Net result

-357,4 k €

-1670.2% YoY

Gross margin

133,3 k €

-82.9% YoY

Equity

467,5 k €

-43.3% YoY

Workforce

4,6 ETP

-45.2% YoY

What does B-COAT do?

B-COAT is a Private limited company incorporated in 2010. Its main activity is: Manufacture of paints, varnishes and similar coatings, printing ink and mastics. Its registered office is in Londerzeel. It employs on average 4,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0828.102.262

Incorporation

28/07/2010

Legal form

Private limited company

Registered office

Stuikberg 100
1840 Londerzeel · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

31/12/2025

Average workforce

4,6 ETP

Activities (NACE)

20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics· main 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 46733Wholesale of wood, construction materials and sanitary equipment 46833Wholesale trade, except of motor vehicles and motorcycles 63920Other information service activities 63990Other information service activities n.e.c.+8

Joint committees (2)

Signals

Solid equityGood liquidityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	133,3 k €	-82.9%	779 k €	-33.2%	1,2 M €	-2.6%	1,2 M €	+17.2%	1 M €	+60.0%	638,4 k €	-3.7%	663,2 k €	+20.0%	552,5 k €	-3.0%	569,5 k €	+29.0%	441,6 k €	+96.7%	224,5 k €	+108%	108,1 k €	+137%	45,6 k €	+124%	20,3 k €	+72.1%	11,8 k €
EBITDA	-312 k €	-496%	78,9 k €	-81.4%	424 k €	-22.1%	544,4 k €	+76.4%	308,6 k €	+21.7%	253,5 k €	+12.0%	226,5 k €	+34.3%	168,6 k €	+81.4%	93 k €	+0.7%	92,3 k €	+150%	36,9 k €	-33.5%	55,4 k €	+109%	26,5 k €	+134%	11,3 k €	+20.4%	9,4 k €
Operating result	-327,3 k €	-992%	-30 k €	-109%	323,1 k €	-23.7%	423,5 k €	+176%	153,6 k €	-8.9%	168,6 k €	+24.1%	135,9 k €	+57.6%	86,2 k €	+257%	24,2 k €	-63.7%	66,5 k €	+139%	27,8 k €	-44.3%	50 k €	+117%	23 k €	+201%	7,6 k €	+41.0%	5,4 k €
Net result	-357,4 k €	-1670%	22,8 k €	-85.7%	159,1 k €	-37.0%	252,7 k €	+460%	45,2 k €	-55.3%	101,1 k €	+35.9%	74,4 k €	+86.8%	39,8 k €	+3567%	1,1 k €	-97.0%	35,7 k €	+1095%	3 k €	-90.3%	30,8 k €	+121%	13,9 k €	+1172%	-1,3 k €	-159%	2,2 k €
Balance sheet
Equity	467,5 k €	-43.3%	824,9 k €	+2.8%	802,2 k €	-21.8%	1 M €	+32.7%	772,4 k €	+6.2%	727,3 k €	+16.1%	626,2 k €	+13.5%	551,8 k €	+325%	129,9 k €	+0.8%	128,8 k €	+38.3%	93,1 k €	+3.3%	90,1 k €	+51.9%	59,3 k €	+204%	19,5 k €	+132%	8,4 k €
Total assets	1,2 M €	-67.6%	3,6 M €	+6.6%	3,3 M €	-27.6%	4,6 M €	+8.0%	4,3 M €	+17.0%	3,6 M €	+13.1%	3,2 M €	+40.2%	2,3 M €	+16.1%	2 M €	+166%	744 k €	+40.6%	529,3 k €	+92.3%	275,3 k €	+99.5%	138 k €	+86.8%	73,9 k €	+165%	27,9 k €
Cash	3,7 k €	-92.6%	49,6 k €	+136%	21 k €	-11.9%	23,8 k €	-67.6%	73,5 k €	-10.3%	82 k €	-7.6%	88,7 k €	+180%	31,7 k €	+98.4%	16 k €	-71.4%	55,9 k €	+379%	11,7 k €	+77.8%	6,6 k €	-55.9%	14,9 k €	+2828%	508,9 €	+1065%	43,7 €
Debts	682,7 k €	-75.0%	2,7 M €	+7.8%	2,5 M €	-28.7%	3,6 M €	+17.0%	3 M €	+4.2%	2,9 M €	+12.4%	2,6 M €	+57.7%	1,6 M €	-11.0%	1,8 M €	+200%	615,2 k €	+41.4%	435,1 k €	+135%	185,1 k €	+142%	76,5 k €	+41.2%	54,2 k €	+181%	19,3 k €
Other
Workforce	4,6 ETP	-45.2%	8,4 ETP	-7.7%	9,1 ETP	+8.3%	8,4 ETP	-16.8%	10,1 ETP	+48.5%	6,8 ETP	0.0%	6,8 ETP	+13.3%	6,0 ETP	-17.8%	7,3 ETP	+9.0%	6,7 ETP	+59.5%	4,2 ETP	+200%	1,4 ETP	+133%	0,6 ETP	+20.0%	0,5 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Philippe Schmitz

Director · since 25 avril 2024

Active

Ended mandates

Philippe Schmitz

Director

Ended

Philippe Schmitz

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
B-Adaboum● Active	0461.857.580
DABRAV● Active	0448.479.894
EISBÄR● Active	0644.445.432

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	30/09/2025	29/08/2024	30/08/2023	13/09/2022	07/12/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	23/06/2023	24/06/2022	25/06/2021
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

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	13/09/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	07/12/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	20/04/2019	02/05/2019	Dutch	PDF
Abridged model	31/12/2017	22/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	23/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	24/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	12/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	22/06/2012	17/07/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 2 ended

Active mandates

Philippe Schmitz

Director · since 25 avril 2024

Active

Ended mandates

Philippe Schmitz

Director

Ended

Philippe Schmitz

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring06/10/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares29/01/2014
KAPITAAL - AANDELEN
PDF
Other06/08/2010
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025-357,4 k €↓
2024
Annual accounts 202422,8 k €↓
2023
Annual accounts 2023159,1 k €↓
2022
Annual accounts 2022252,7 k €↑
2021
Annual accounts 202145,2 k €↓
2020
Annual accounts 2020101,1 k €↑
2019
Annual accounts 201974,4 k €↑
2018
Annual accounts 201839,8 k €↑
2017
Annual accounts 20171,1 k €↓
2016
Annual accounts 201635,7 k €↑
2015
Annual accounts 20153 k €↓
2014
Annual accounts 201430,8 k €↑
2013
Annual accounts 201313,9 k €↑
2012
Annual accounts 2012-1,3 k €↓
2011
Annual accounts 20112,2 k €
28/07/2010
IncorporationPrivate 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

B-COAT

Overview

What does B-COAT do?

Trend over 15 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