ACTIVE

Comeco

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Financial year 2025 · closed on 31/12/2025

Net result

-826,6 k €

-245.9% YoY

Revenue

175 M €

-16.5% YoY

Equity

14,4 M €

-5.6% YoY

Workforce

83,6 ETP

-1.5% YoY

What does Comeco do?

Comeco is a Public limited company incorporated in 1970. Its registered office is in Hoogstraten. It employs on average 83,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0406.983.195

Incorporation

06/02/1970

Legal form

Public limited company

Registered office

John Lijsenstraat 55
2321 Hoogstraten · FlandreSee on map

Contributed capital

546 000,00 €

Latest accounts

31/12/2025

Average workforce

83,6 ETP

Joint committees (2)

Signals

Solid equityLow riskGood 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 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
Revenue	175 M €	-16.5%	209,5 M €	-12.3%	238,9 M €	+21.1%	197,3 M €	+21.0%	163 M €	-13.4%	188,1 M €	-5.5%	199,1 M €	+12.7%	176,7 M €	-12.1%	201,1 M €	+5.4%	190,8 M €	+4.1%	183,2 M €	-4.6%	192 M €	-4.8%	201,6 M €	+6.3%	189,7 M €	+46.6%	129,4 M €	+17.7%	110 M €	+7.3%	102,5 M €	+1.9%	100,6 M €	+26.5%	79,5 M €	+3.6%	76,8 M €
EBITDA	863,9 k €	-63.0%	2,3 M €	-64.6%	6,6 M €	+59.4%	4,1 M €	+3.1%	4 M €	-39.0%	6,6 M €	-12.9%	7,6 M €	+26.4%	6 M €	-39.7%	9,9 M €	+13.9%	8,7 M €	+75.8%	5 M €	+11.5%	4,5 M €	+24.3%	3,6 M €	+5.5%	3,4 M €	+68.6%	2 M €	+59.0%	1,3 M €	-17.9%	1,5 M €	-35.0%	2,4 M €	+65.2%	1,4 M €	-9.2%	1,6 M €
Operating result	-536,8 k €	-157%	940,3 k €	-82.1%	5,3 M €	+81.8%	2,9 M €	+32.2%	2,2 M €	-48.0%	4,2 M €	-19.7%	5,2 M €	+43.7%	3,6 M €	-52.1%	7,6 M €	+20.5%	6,3 M €	+103%	3,1 M €	+20.2%	2,6 M €	+44.1%	1,8 M €	+12.0%	1,6 M €	+44.9%	1,1 M €	+80.8%	610,5 k €	+7.4%	568,4 k €	-48.5%	1,1 M €	+33.2%	828,7 k €	-21.3%	1,1 M €
Net result	-826,6 k €	-246%	566,6 k €	-85.4%	3,9 M €	+99.4%	1,9 M €	+29.6%	1,5 M €	-45.4%	2,8 M €	-19.1%	3,4 M €	+48.9%	2,3 M €	-68.5%	7,3 M €	+29.1%	5,6 M €	+269%	1,5 M €	+32.9%	1,1 M €	+81.6%	631,2 k €	+51.7%	416,1 k €	+19.2%	349 k €	+83.7%	190 k €	-2.6%	195,2 k €	-66.1%	576,2 k €	+15.0%	501,1 k €	-21.6%	639,1 k €
Balance sheet
Equity	14,4 M €	-5.6%	15,3 M €	-43.7%	27,1 M €	+16.5%	23,2 M €	+8.9%	21,3 M €	+7.2%	19,9 M €	+15.5%	17,2 M €	-28.7%	24,2 M €	+10.2%	21,9 M €	+49.1%	14,7 M €	+61.1%	9,1 M €	+19.3%	7,7 M €	+16.7%	6,6 M €	+15.7%	5,7 M €	+7.6%	5,3 M €	+6.8%	4,9 M €	+3.7%	4,8 M €	+3.9%	4,6 M €	+13.9%	4 M €	+13.3%	3,5 M €
Total assets	20,8 M €	-12.7%	23,8 M €	-35.5%	37 M €	+11.8%	33,1 M €	+13.5%	29,2 M €	+6.0%	27,5 M €	-5.1%	29 M €	-6.8%	31,1 M €	-1.6%	31,6 M €	-15.7%	37,5 M €	+33.5%	28,1 M €	+5.7%	26,6 M €	-13.5%	30,8 M €	-8.6%	33,6 M €	-0.4%	33,8 M €	+50.9%	22,4 M €	+30.6%	17,1 M €	+13.7%	15,1 M €	+14.7%	13,2 M €	+9.9%	12 M €
Cash	137,3 k €	+2175%	6 k €	-28.7%	8,5 k €	+153%	3,3 k €	-98.7%	254,7 k €	+697%	32 k €	+960%	3 k €	+70.6%	1,8 k €	-41.3%	3 k €	-33.8%	4,5 k €	-97.6%	191,1 k €	+53.0%	124,9 k €	+365%	26,9 k €	-94.7%	509,9 k €	+56.0%	326,8 k €	+684%	41,7 k €	+6.4%	39,2 k €	-59.3%	96,4 k €	-67.4%	295,6 k €	+2.3%	289 k €
Debts	6,4 M €	-25.1%	8,6 M €	-13.5%	9,9 M €	+0.5%	9,8 M €	+26.1%	7,8 M €	+2.9%	7,6 M €	-35.4%	11,7 M €	+69.7%	6,9 M €	-28.2%	9,6 M €	-57.0%	22,4 M €	+19.1%	18,8 M €	-0.5%	18,9 M €	-21.7%	24,1 M €	-13.4%	27,9 M €	-1.8%	28,4 M €	+63.8%	17,3 M €	+41.3%	12,3 M €	+18.3%	10,4 M €	+14.8%	9 M €	+8.8%	8,3 M €
Other
Workforce	83,6 ETP	-1.5%	84,9 ETP	-11.3%	95,7 ETP	-0.5%	96,2 ETP	+7.7%	89,3 ETP	+3.5%	86,3 ETP	0.0%	86,3 ETP	+6.8%	80,8 ETP	+6.6%	75,8 ETP	+4.1%	72,8 ETP	+1.5%	71,7 ETP	-3.4%	74,2 ETP	-1.5%	75,3 ETP	+1.5%	74,2 ETP	-1.2%	75,1 ETP	-4.1%	78,3 ETP	+0.9%	77,6 ETP	+1.2%	76,7 ETP	-5.1%	80,8 ETP	-0.5%	81,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 54 ended

Active mandates

Jos CLAEYS

Managing director · since 04 juin 2021 · until 21 juin 2027

Active

Piet CLAEYS

Director · since 04 juin 2021 · until 21 juin 2027

Active

SUS DEI

Director · since 04 juin 2021 · until 31 décembre 2025 · 0715.788.932

Represented by Erik DIEU

Active

WESTVLEES GROUP

Chairman of the board of directors · since 04 juin 2021 · until 21 juin 2027 · 0635.995.445

Represented by Danny DEMAN

Active

Ended mandates

RAJESE

Director · since 01 octobre 2023 · until 15 novembre 2024 · 1000.367.730

Represented by Dries IDE

Ended

RAJESE

Director · since 01 octobre 2023 · until 21 juin 2027 · 1000.367.730

Represented by Dries IDE

Ended

Luc VERSPREET

Director · since 05 juin 2021 · until 31 décembre 2024

Ended

Jos CLAEYS

Managing director · since 04 juin 2021 · until 04 juin 2027

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	21/08/2026	12/08/2025	27/08/2024	25/08/2023	17/08/2022	26/08/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	02/06/2023	03/06/2022	04/06/2021
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
Full model	31/12/2025	15/06/2026	21/08/2026	Dutch	PDF
Full model	31/12/2024	16/06/2025	12/08/2025	Dutch	PDF
Full model	31/12/2023	17/06/2024	27/08/2024	Dutch	PDF
Full model	31/12/2022	02/06/2023	25/08/2023	Dutch	PDF
Full model	31/12/2021	03/06/2022	17/08/2022	Dutch	PDF
Full model	31/12/2020	04/06/2021	26/08/2021	Dutch	PDF
Full model	31/12/2019	05/06/2020	27/08/2020	Dutch	PDF
Full model	31/12/2018	07/06/2019	21/08/2019	Dutch	PDF
Full model	31/12/2017	01/06/2018	24/08/2018	Dutch	PDF
Full model	31/12/2016	02/06/2017	24/08/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	23/06/2016	Dutch	PDF
Full model	31/12/2014	05/06/2015	12/06/2015	Dutch	PDF
Full model	31/12/2013	06/06/2014	24/06/2014	Dutch	PDF
Full model	31/12/2012	07/06/2013	20/06/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	18/06/2012	Dutch	PDF
Full model	31/12/2010	03/06/2011	29/06/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	07/06/2010	Dutch	PDF
Full model	31/12/2008	05/06/2009	25/06/2009	Dutch	PDF
Full model	31/12/2007	06/06/2008	13/06/2008	Dutch	PDF
Full model	31/12/2006	01/06/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 54 ended

Active mandates

Jos CLAEYS

Managing director · since 04 juin 2021 · until 21 juin 2027

Active

Piet CLAEYS

Director · since 04 juin 2021 · until 21 juin 2027

Active

SUS DEI

Director · since 04 juin 2021 · until 31 décembre 2025 · 0715.788.932

Represented by Erik DIEU

Active

WESTVLEES GROUP

Chairman of the board of directors · since 04 juin 2021 · until 21 juin 2027 · 0635.995.445

Represented by Danny DEMAN

Active

Ended mandates

RAJESE

Director · since 01 octobre 2023 · until 15 novembre 2024 · 1000.367.730

Represented by Dries IDE

Ended

RAJESE

Director · since 01 octobre 2023 · until 21 juin 2027 · 1000.367.730

Represented by Dries IDE

Ended

Luc VERSPREET

Director · since 05 juin 2021 · until 31 décembre 2024

Ended

Jos CLAEYS

Managing director · since 04 juin 2021 · until 04 juin 2027

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates08/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/01/2019
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 2025-826,6 k €↓
2024
Annual accounts 2024566,6 k €↓
2023
Annual accounts 20233,9 M €↑
2023
Name changeCOMECO
2022
Annual accounts 20221,9 M €↑
2021
Annual accounts 20211,5 M €↓
2021
Name changeCOMMON MARKET MEAT COMPANY
2020
Annual accounts 20202,8 M €↓
2019
Annual accounts 20193,4 M €↑
2018
Annual accounts 20182,3 M €↓
2017
Annual accounts 20177,3 M €↑
2016
Annual accounts 20165,6 M €↑
2015
Annual accounts 20151,5 M €↑
2014
Annual accounts 20141,1 M €↑
2013
Annual accounts 2013631,2 k €↑
2012
Annual accounts 2012416,1 k €↑
2011
Annual accounts 2011349 k €↑
2010
Annual accounts 2010190 k €↓
2009
Annual accounts 2009195,2 k €↓
2008
Annual accounts 2008576,2 k €↑
2007
Annual accounts 2007501,1 k €↓
2006
Annual accounts 2006639,1 k €
06/02/1970
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

Comeco

Overview

What does Comeco do?

Trend over 20 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