ACTIVE

COUSSEMENT

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Financial year 2025 · closed on 31/12/2025

Net result

296,6 k €

+8.0% YoY

Gross margin

677,8 k €

+0.6% YoY

Equity

979,8 k €

+7.9% YoY

Workforce

4,0 ETP

0.0% YoY

What does COUSSEMENT do?

COUSSEMENT is a Private limited company incorporated in 1968. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Zwevegem. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.325.584

Incorporation

01/01/1968

Legal form

Private limited company

Registered office

Harelbeekstraat(Z) 104 C
8550 Zwevegem · FlandreSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Average workforce

4,0 ETP

Activities (NACE)

43222Plumbing, heat and air-conditioning installation· main 43222Plumbing, heat and air-conditioning installation 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45331Sale of motor vehicle parts and accessories 43221Plumbing, heat and air-conditioning installation+1

Joint committees (4)

124
1240
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	677,8 k €	+0.6%	674 k €	+33.7%	504,2 k €	+25.9%	400,5 k €	-22.5%	516,9 k €	+7.2%	482,1 k €	+21.6%	396,6 k €	+4.9%	378,1 k €	-14.4%	441,6 k €	-20.0%	552,1 k €	-18.0%	673,3 k €	+6.8%	630,5 k €	+4.1%	605,4 k €	-18.9%	746,9 k €	-20.6%	940,3 k €	+61.1%	583,8 k €	+3.0%	567 k €	-1.9%	577,8 k €	+23.2%	469,2 k €
EBITDA	349 k €	+2.1%	341,9 k €	+74.0%	196,6 k €	+69.3%	116,1 k €	-31.0%	168,2 k €	+5.9%	158,8 k €	+90.6%	83,3 k €	+516%	13,5 k €	-84.4%	86,9 k €	-59.3%	213,6 k €	-29.2%	301,6 k €	+8.0%	279,3 k €	+78.1%	156,8 k €	-37.7%	251,5 k €	-45.1%	458,5 k €	+74.2%	263,3 k €	-12.9%	302,2 k €	+4.8%	288,3 k €	+89.8%	151,9 k €
Operating result	330,6 k €	+5.5%	313,2 k €	+66.3%	188,3 k €	+77.1%	106,3 k €	-27.1%	145,8 k €	-0.2%	146,1 k €	+146%	59,4 k €	+165%	22,4 k €	-65.1%	64,2 k €	-63.3%	174,9 k €	-31.7%	256,1 k €	+13.7%	225,3 k €	+122%	101,3 k €	-45.3%	185,1 k €	-45.8%	341,5 k €	+113%	160,4 k €	-28.4%	223,9 k €	+1.2%	221,3 k €	+104%	108,5 k €
Net result	296,6 k €	+8.0%	274,7 k €	+66.4%	165 k €	+84.1%	89,7 k €	-28.4%	125,3 k €	-2.1%	127,9 k €	+116%	59,3 k €	+113%	27,8 k €	-56.8%	64,4 k €	-64.0%	179 k €	-22.5%	230,9 k €	+5.8%	218,4 k €	+91.9%	113,8 k €	-35.7%	176,8 k €	-30.6%	254,7 k €	+74.9%	145,6 k €	-18.0%	177,5 k €	-4.4%	185,7 k €	+86.2%	99,7 k €
Balance sheet
Equity	979,8 k €	+7.9%	908,2 k €	+9.0%	833,5 k €	+4.9%	794,5 k €	+2.8%	772,8 k €	+4.1%	742,6 k €	-26.6%	1 M €	+1.4%	997,2 k €	+0.8%	989,4 k €	+2.0%	970 k €	+4.7%	926 k €	+8.3%	855,1 k €	+2.8%	831,7 k €	+4.2%	798 k €	+13.8%	701,2 k €	+33.2%	526,5 k €	+25.1%	420,9 k €	+26.2%	333,4 k €	+40.3%	237,7 k €
Total assets	1,6 M €	+9.8%	1,5 M €	+8.6%	1,3 M €	+9.8%	1,2 M €	-0.4%	1,2 M €	-2.3%	1,3 M €	+6.9%	1,2 M €	+2.9%	1,1 M €	-2.3%	1,2 M €	-7.2%	1,3 M €	-0.2%	1,3 M €	+0.9%	1,2 M €	+2.4%	1,2 M €	-15.7%	1,4 M €	+28.6%	1,1 M €	+11.5%	1 M €	+22.0%	826,6 k €	-3.6%	857,6 k €	+47.8%	580,3 k €
Cash	1,3 M €	+18.9%	1,1 M €	+5.1%	1 M €	+26.5%	823,5 k €	+3.5%	795,8 k €	-16.2%	949,6 k €	+20.0%	791,4 k €	+18.2%	669,7 k €	-18.5%	821,6 k €	+4.4%	787,3 k €	+14.6%	687,2 k €	+13.6%	604,7 k €	+39.4%	433,8 k €	-35.0%	666,9 k €	+187%	232,6 k €	-41.3%	396 k €	+73.0%	228,9 k €	+7.7%	212,5 k €	+270%	57,4 k €
Debts	603,5 k €	+13.6%	531,2 k €	+10.4%	481,1 k €	+20.5%	399,2 k €	-5.4%	421,8 k €	-16.9%	507,4 k €	+231%	153,4 k €	+7.0%	143,4 k €	-16.1%	170,9 k €	-38.5%	278 k €	-14.3%	324,3 k €	-16.6%	388,9 k €	+4.3%	372,9 k €	-41.6%	639 k €	+52.6%	418,8 k €	-12.2%	477 k €	+17.6%	405,7 k €	-15.5%	480,1 k €	+60.1%	299,8 k €
Other
Workforce	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	+5.3%	3,8 ETP	-24.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	-2.0%	5,1 ETP	-1.9%	5,2 ETP	-14.8%	6,1 ETP	-12.9%	7,0 ETP	-4.1%	7,3 ETP	-9.9%	8,1 ETP	-10.0%	9,0 ETP	-7.2%	9,7 ETP	+44.8%	6,7 ETP	-1.5%	6,8 ETP	-5.6%	7,2 ETP	+2.9%	7,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

LAMANCO

Director · since 29 avril 2010 · 0825.509.788

Represented by Lieven Coussement

Active

Ended mandates

LAMANCO

Manager · since 29 avril 2010 · 0825.509.788

Represented by LIEVEN COUSSEMENT

Ended

LAMANCO

Manager · since 29 avril 2010 · 0825.509.788

Represented by LIEVEN COUSSEMENT

Ended

LAMANCO

Director · since 29 avril 2010 · 0825.509.788

Represented by Lieven COUSSEMENT

Ended

LIEVEN COUSSEMENT

Manager · since 29 avril 2010

Ended

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	29/06/2026	24/06/2025	20/06/2024	29/06/2023	23/08/2022	04/08/2021
General meeting	20/06/2026	21/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	21/06/2025	24/06/2025	Dutch	PDF
Abridged model	31/12/2023	15/06/2024	20/06/2024	Dutch	PDF
Abridged model	31/12/2022	17/06/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	23/08/2022	Dutch	PDF
Abridged model	31/12/2020	19/06/2021	04/08/2021	Dutch	PDF
Abridged model	31/12/2019	20/06/2020	10/07/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	15/07/2019	Dutch	PDF
Abridged model	31/12/2017	16/06/2018	24/08/2018	Dutch	PDF
Abridged model	31/12/2016	17/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	15/07/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	02/08/2011	Dutch	PDF
Abridged model	31/12/2009	17/04/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	14/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	14/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 1 active · 7 ended

Active mandates

LAMANCO

Director · since 29 avril 2010 · 0825.509.788

Represented by Lieven Coussement

Active

Ended mandates

LAMANCO

Manager · since 29 avril 2010 · 0825.509.788

Represented by LIEVEN COUSSEMENT

Ended

LAMANCO

Manager · since 29 avril 2010 · 0825.509.788

Represented by LIEVEN COUSSEMENT

Ended

LAMANCO

Director · since 29 avril 2010 · 0825.509.788

Represented by Lieven COUSSEMENT

Ended

LIEVEN COUSSEMENT

Manager · since 29 avril 2010

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Capital / shares27/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/06/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/03/2009
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/01/2005
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - 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 2025296,6 k €↑
2024
Annual accounts 2024274,7 k €↑
2023
Annual accounts 2023165 k €↑
2022
Annual accounts 202289,7 k €↓
2021
Annual accounts 2021125,3 k €↓
2020
Annual accounts 2020127,9 k €↑
2018
Annual accounts 201859,3 k €↑
2017
Annual accounts 201727,8 k €↓
2016
Annual accounts 201664,4 k €↓
2015
Annual accounts 2015179 k €↓
2014
Annual accounts 2014230,9 k €↑
2013
Annual accounts 2013218,4 k €↑
2012
Annual accounts 2012113,8 k €↓
2011
Annual accounts 2011176,8 k €↓
2010
Annual accounts 2010254,7 k €↑
2009
Annual accounts 2009145,6 k €↓
2008
Annual accounts 2008177,5 k €↓
2007
Annual accounts 2007185,7 k €↑
2006
Annual accounts 200699,7 k €
01/01/1968
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

COUSSEMENT

Overview

What does COUSSEMENT do?

Trend over 19 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