ACTIVE

COBELPLAST

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Financial year 2025 · closed on 31/12/2025

Net result

-334,6 k €

+78.0% YoY

Revenue

42,9 M €

+1.9% YoY

Equity

5,9 M €

-5.3% YoY

Workforce

98,5 ETP

-5.2% YoY

What does COBELPLAST do?

COBELPLAST is a Public limited company incorporated in 1965. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Lokeren. It employs on average 98,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0400.130.641

Incorporation

11/02/1965

Legal form

Public limited company

Registered office

Antwerpse Steenweg 14
9160 Lokeren · FlandreSee on map

Contributed capital

8 348 678,38 €

Latest accounts

31/12/2025

Average workforce

98,5 ETP

Activities (NACE)

22210Manufacture of plastic plates, sheets, tubes and profiles· main 22210Manufacture of plastic plates, sheets, tubes and profiles 22260Manufacture of plastic products 22290Manufacture of other plastic products 25210Manufacture of central heating radiators and boilers 25240Manufacture of tanks, reservoirs and containers of metal

Joint committees (2)

Signals

Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2014		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	42,9 M €	+1.9%	42,1 M €	-7.8%	45,6 M €	-18.4%	55,9 M €	+41.4%	39,5 M €	+24.6%	31,7 M €	-13.9%	36,9 M €	+4.4%	35,3 M €	+6.1%	33,3 M €	-3.1%	34,3 M €	+21.7%	28,2 M €	-35.3%	43,6 M €	-20.4%	54,8 M €	+2.5%	53,4 M €	+1.1%	52,9 M €	+15.5%	45,8 M €	-21.0%	58 M €	-1.9%	59,1 M €
EBITDA	454,6 k €	+135%	-1,3 M €	-248%	877,5 k €	-61.0%	2,3 M €	+7080%	31,3 k €	-90.7%	335,9 k €	-68.3%	1,1 M €	+566%	-227,3 k €	+64.0%	-631,4 k €	-200%	631,5 k €	+139%	-1,6 M €	+68.1%	-5,1 M €	-168%	-1,9 M €	+28.0%	-2,7 M €	-354%	-586,7 k €	+6.3%	-626,3 k €	-482%	-107,7 k €	-110%	1,1 M €
Operating result	-128,7 k €	+89.8%	-1,3 M €	-413%	402,7 k €	-67.1%	1,2 M €	+281%	-677,3 k €	-53.4%	-441,4 k €	-455%	124,2 k €	+117%	-722,3 k €	+47.5%	-1,4 M €	-325%	-323,7 k €	+84.0%	-2 M €	+64.1%	-5,6 M €	-104%	-2,8 M €	+18.7%	-3,4 M €	-124%	-1,5 M €	+3.3%	-1,6 M €	-40.8%	-1,1 M €	-3424%	33,4 k €
Net result	-334,6 k €	+78.0%	-1,5 M €	-1471%	111,2 k €	-89.5%	1,1 M €	+237%	-775,9 k €	-35.7%	-571,8 k €	-5198%	11,2 k €	+101%	-834,2 k €	+43.9%	-1,5 M €	-204%	-489,4 k €	+79.2%	-2,4 M €	+61.0%	-6 M €	-36.7%	-4,4 M €	+26.7%	-6 M €	-245%	-1,7 M €	+3.5%	-1,8 M €	-32.3%	-1,4 M €	-691%	-173 k €
Balance sheet
Equity	5,9 M €	-5.3%	6,3 M €	-19.5%	7,8 M €	+1.4%	7,7 M €	+16.0%	6,6 M €	-10.5%	7,4 M €	-7.2%	8 M €	+46.0%	5,5 M €	-13.2%	6,3 M €	-19.1%	7,8 M €	-15.4%	9,2 M €	+203%	-9 M €	-207%	-2,9 M €	-293%	1,5 M €	-80.0%	7,5 M €	-18.8%	9,3 M €	-16.3%	11,1 M €	-11.0%	12,5 M €
Total assets	11,3 M €	-14.1%	13,2 M €	-12.5%	15 M €	-13.6%	17,4 M €	+16.1%	15 M €	+18.6%	12,6 M €	-9.5%	14 M €	+10.8%	12,6 M €	-0.6%	12,7 M €	-9.2%	13,9 M €	-15.0%	16,4 M €	-20.4%	20,6 M €	-19.0%	25,4 M €	+7.6%	23,7 M €	-13.0%	27,2 M €	-21.2%	34,5 M €	-0.8%	34,8 M €	-5.1%	36,7 M €
Cash	283,6 k €	-68.7%	905,4 k €	-72.7%	3,3 M €	-2.1%	3,4 M €	+116%	1,6 M €	+480%	270,9 k €	-42.6%	471,8 k €	-52.0%	982,1 k €	+12.7%	871,1 k €	+45.1%	600,2 k €	-43.4%	1,1 M €	+5887%	17,7 k €	-69.5%	58,1 k €	-86.8%	441,5 k €	-83.2%	2,6 M €	+122%	1,2 M €	-19.0%	1,5 M €	+65.3%	883,4 k €
Debts	5,3 M €	-15.1%	6,2 M €	-1.2%	6,3 M €	-30.6%	9,1 M €	+12.5%	8,1 M €	+62.5%	5 M €	-12.8%	5,7 M €	-15.5%	6,7 M €	+16.2%	5,8 M €	+9.5%	5,3 M €	-10.6%	5,9 M €	-79.1%	28,2 M €	+1.3%	27,8 M €	+29.2%	21,5 M €	+12.6%	19,1 M €	-23.4%	24,9 M €	+6.4%	23,5 M €	-1.8%	23,9 M €
Other
Workforce	98,5 ETP	-5.2%	103,9 ETP	+4.1%	99,8 ETP	-1.1%	100,9 ETP	-0.6%	101,5 ETP	-1.5%	103,0 ETP	-4.8%	108,2 ETP	+1.2%	106,9 ETP	-1.1%	108,1 ETP	-3.0%	111,5 ETP	-3.8%	115,9 ETP	-13.9%	134,6 ETP	-14.0%	156,5 ETP	+5.7%	148,1 ETP	-7.7%	160,5 ETP	-3.6%	166,5 ETP	+0.1%	166,4 ETP	+2.2%	162,8 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 · 2 active · 30 ended

Active mandates

Christoph Schumacher

Director · since 04 novembre 2024

Active

Guido Vuotto

Managing director · since 09 juin 2015 · until 26 mai 2028

Active

Ended mandates

Christoph Schumacher

Director · since 04 novembre 2024 · until 04 novembre 2030

Ended

Guido Vuotto

Managing director · since 28 mai 2018 · until 27 mai 2024

Ended

Jurgen Couckuyt

Director · since 28 mai 2018 · until 27 mai 2024

Ended

Jurgen Couckuyt

Director · since 14 novembre 2016 · until 28 mai 2018

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	22/06/2026	25/06/2025	24/06/2024	27/06/2023	28/06/2022	28/06/2021
General meeting	21/05/2026	26/05/2025	27/05/2024	29/05/2023	30/05/2022	31/05/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	21/05/2026	22/06/2026	Dutch	PDF
Full model	31/12/2024	26/05/2025	25/06/2025	Dutch	PDF
Full model	31/12/2023	27/05/2024	24/06/2024	Dutch	PDF
Full model	31/12/2022	29/05/2023	27/06/2023	Dutch	PDF
Full model	31/12/2021	30/05/2022	28/06/2022	Dutch	PDF
Full model	31/12/2020	31/05/2021	28/06/2021	Dutch	PDF
Full modelCorrection	31/12/2019	29/09/2020	30/10/2020	Dutch	PDF
Full model	31/12/2019	25/05/2020	24/06/2020	Dutch	PDF
Full model	31/12/2018	27/05/2019	13/06/2019	Dutch	PDF
Full model	31/12/2017	24/10/2018	20/12/2018	Dutch	PDF
Full model	31/12/2016	29/05/2017	07/07/2017	Dutch	PDF
Full model	31/12/2015	30/05/2016	29/06/2016	Dutch	PDF
Full model	31/12/2014	26/05/2015	03/08/2015	Dutch	PDF
Full model	31/03/2014	29/09/2014	24/11/2014	Dutch	PDF
Full model	31/03/2013	25/09/2013	30/10/2013	Dutch	PDF
Consolidated accounts	31/03/2013	06/05/2013	02/06/2014	Dutch	PDF
Full model	31/03/2012	30/07/2012	25/09/2012	Dutch	PDF
Full model	31/03/2011	28/09/2011	15/11/2011	Dutch	PDF
Full model	31/03/2010	26/07/2010	29/07/2010	Dutch	PDF
Full model	31/03/2009	27/07/2009	24/08/2009	Dutch	PDF
Full model	31/03/2008	28/07/2008	25/08/2008	Dutch	PDF
Full model	31/03/2007	30/07/2007	28/08/2007	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 · 2 active · 30 ended

Active mandates

Christoph Schumacher

Director · since 04 novembre 2024

Active

Guido Vuotto

Managing director · since 09 juin 2015 · until 26 mai 2028

Active

Ended mandates

Christoph Schumacher

Director · since 04 novembre 2024 · until 04 novembre 2030

Ended

Guido Vuotto

Managing director · since 28 mai 2018 · until 27 mai 2024

Ended

Jurgen Couckuyt

Director · since 28 mai 2018 · until 27 mai 2024

Ended

Jurgen Couckuyt

Director · since 14 novembre 2016 · until 28 mai 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other09/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2016
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

2025
Annual accounts 2025-334,6 k €↑
2024
Annual accounts 2024-1,5 M €↓
2023
Annual accounts 2023111,2 k €↓
2022
Annual accounts 20221,1 M €↑
2021
Annual accounts 2021-775,9 k €↓
2020
Annual accounts 2020-571,8 k €↓
2019
Annual accounts 201911,2 k €↑
2018
Annual accounts 2018-834,2 k €↑
2017
Annual accounts 2017-1,5 M €↓
2016
Annual accounts 2016-489,4 k €↑
2014
Annual accounts 2014-2,4 M €↑
2014
Annual accounts 2014-6 M €↓
2014
Name changeCobelplast
2013
Annual accounts 2013-4,4 M €↑
2012
Annual accounts 2012-6 M €↓
2011
Annual accounts 2011-1,7 M €↑
2010
Annual accounts 2010-1,8 M €↓
2009
Annual accounts 2009-1,4 M €↓
2008
Annual accounts 2008-173 k €
2008
Name changeRPC COBELPLAST
11/02/1965
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

COBELPLAST

Overview

What does COBELPLAST do?

Trend over 18 financial years

Indicative valuation

Board of directors

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