COUDENYS
0408.420.577 · rovalta.com · 22/09/2026
ACTIVE
COUDENYS
Financial year 2025 · closed on 31/12/2025
Net result
1,2 M €
+11.0% YoY
Gross margin
3,3 M €
+7.1% YoY
Equity
4,3 M €
+15.7% YoY
Workforce
6,2 ETP
0.0% YoY
Overview
What does COUDENYS do?
COUDENYS is a Public limited company incorporated in 1971. Its registered office is in Brugge. It employs on average 6,2 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0408.420.577
Incorporation
01/04/1971
Legal form
Public limited company
Registered office
Coupure 17
8000 Brugge · FlandreSee on map
8000 Brugge · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
6,2 ETP
Joint committees (2)
- 139
- 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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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 | 3,3 M € | +7.1% | 3,1 M € | +23.9% | 2,5 M € | +21.3% | 2,1 M € | +127% | 903 k € | +538% | 141,6 k € | -88.2% | 1,2 M € | +1.7% | 1,2 M € | +58.6% | 743,5 k € | -27.6% | 1 M € | -16.2% | 1,2 M € | -4.7% | 1,3 M € | +26.1% | 1 M € | +2.8% | 992,4 k € | +1.0% | 982,6 k € | +28.7% | 763,5 k € | -8.8% | 837,4 k € | +21.5% | 689,1 k € | +4.1% | 662 k € | +11.5% | 593,9 k € |
| EBITDA | 1,9 M € | +10.6% | 1,7 M € | +26.4% | 1,3 M € | +20.2% | 1,1 M € | +49.6% | 736,4 k € | +193796121% | 0,4 € | -100.0% | 918,1 k € | -6.8% | 984,8 k € | +239% | 290,7 k € | -37.8% | 467 k € | -21.0% | 591,3 k € | -1.7% | 601,4 k € | +26.3% | 476,3 k € | +14.9% | 414,7 k € | -2.7% | 426,3 k € | +60.1% | 266,2 k € | -24.6% | 352,9 k € | +39.3% | 253,3 k € | +5.3% | 240,5 k € | +21.7% | 197,6 k € |
| Operating result | 1,8 M € | +11.2% | 1,6 M € | +26.0% | 1,3 M € | +17.6% | 1,1 M € | +52.2% | 704,9 k € | +1333% | -57,2 k € | -107% | 868,6 k € | -6.2% | 926,2 k € | +278% | 245 k € | -41.3% | 417,2 k € | -21.8% | 533,5 k € | -1.6% | 542,3 k € | +30.0% | 417,3 k € | +15.0% | 362,8 k € | -2.8% | 373,3 k € | +70.7% | 218,7 k € | -29.5% | 310,4 k € | +50.7% | 206 k € | +7.2% | 192,1 k € | +37.8% | 139,4 k € |
| Net result | 1,2 M € | +11.0% | 1,1 M € | +31.0% | 848,9 k € | +14.8% | 739,3 k € | +49.0% | 496,3 k € | +2369% | -21,9 k € | -104% | 559,4 k € | -9.1% | 615,4 k € | +259% | 171,5 k € | -39.3% | 282,6 k € | -19.4% | 350,6 k € | -0.7% | 353,3 k € | +6.9% | 330,4 k € | +12.2% | 294,5 k € | -1.4% | 298,8 k € | +54.6% | 193,3 k € | -10.8% | 216,7 k € | +49.5% | 144,9 k € | +3.9% | 139,5 k € | +38.8% | 100,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 4,3 M € | +15.7% | 3,7 M € | +19.3% | 3,1 M € | +37.8% | 2,2 M € | +42.6% | 1,6 M € | +38.3% | 1,1 M € | -49.6% | 2,3 M € | +28.4% | 1,8 M € | +49.1% | 1,2 M € | +17.0% | 1 M € | -44.2% | 1,8 M € | +8.9% | 1,7 M € | +27.1% | 1,3 M € | -35.5% | 2 M € | +2.8% | 2 M € | +8.2% | 1,8 M € | +11.9% | 1,6 M € | +9.2% | 1,5 M € | +7.6% | 1,4 M € | +7.7% | 1,3 M € |
| Total assets | 4,9 M € | +11.3% | 4,4 M € | +13.3% | 3,9 M € | +32.5% | 2,9 M € | +54.7% | 1,9 M € | +27.2% | 1,5 M € | -45.5% | 2,7 M € | +36.3% | 2 M € | +59.0% | 1,3 M € | -42.4% | 2,2 M € | +12.5% | 2 M € | +10.5% | 1,8 M € | +25.9% | 1,4 M € | -34.9% | 2,2 M € | +1.6% | 2,1 M € | +10.7% | 1,9 M € | +2.2% | 1,9 M € | +10.0% | 1,7 M € | +13.8% | 1,5 M € | +7.2% | 1,4 M € |
| Cash | 2,3 M € | +2.8% | 2,3 M € | -4.5% | 2,4 M € | -3.5% | 2,5 M € | +44.7% | 1,7 M € | +94.5% | 880,1 k € | -62.7% | 2,4 M € | +47.2% | 1,6 M € | +115% | 743,6 k € | -48.1% | 1,4 M € | +44.9% | 988,1 k € | +818% | 107,6 k € | -19.3% | 133,3 k € | +101% | 66,4 k € | -32.5% | 98,4 k € | +39.7% | 70,4 k € | -77.2% | 308,7 k € | +1457% | 19,8 k € | -49.9% | 39,6 k € | -64.7% | 112 k € |
| Debts | 645,6 k € | -11.1% | 726,3 k € | -10.1% | 807,5 k € | +15.4% | 699,8 k € | +112% | 329,3 k € | -8.0% | 358 k € | -10.1% | 398,2 k € | +154% | 156,9 k € | +113% | 73,7 k € | -93.8% | 1,2 M € | +718% | 145,4 k € | +35.9% | 107 k € | +9.8% | 97,4 k € | -25.6% | 131 k € | -13.1% | 150,7 k € | +61.9% | 93,1 k € | -62.1% | 245,8 k € | +15.8% | 212,3 k € | +92.7% | 110,2 k € | +2.3% | 107,7 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 6,2 ETP | 0.0% | 6,2 ETP | +6.9% | 5,8 ETP | +28.9% | 4,5 ETP | +66.7% | 2,7 ETP | -41.3% | 4,6 ETP | -13.2% | 5,3 ETP | +32.5% | 4,0 ETP | – | 4,4 ETP | -4.3% | 4,6 ETP | 0.0% | 4,6 ETP | +12.2% | 4,1 ETP | +10.8% | 3,7 ETP | -21.3% | 4,7 ETP | +11.9% | 4,2 ETP | 0.0% | 4,2 ETP | +5.0% | 4,0 ETP | 0.0% | 4,0 ETP | -4.8% | 4,2 ETP | ||
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 27 ended
Active mandates
Ended mandates
Financials
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 | 30/04/2026 | 25/04/2025 | 08/05/2024 | 10/05/2023 | 29/04/2022 | 18/06/2021 |
| General meeting | 24/04/2026 | 11/04/2025 | 03/05/2024 | 21/04/2023 | 14/04/2022 | 14/06/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 24/04/2026 | 30/04/2026 | Dutch | |
| Abridged model | 31/12/2024 | 11/04/2025 | 25/04/2025 | Dutch | |
| Abridged model | 31/12/2023 | 03/05/2024 | 08/05/2024 | Dutch | |
| Abridged model | 31/12/2022 | 21/04/2023 | 10/05/2023 | Dutch | |
| Abridged model | 31/12/2021 | 14/04/2022 | 29/04/2022 | Dutch | |
| Abridged model | 31/12/2020 | 14/06/2021 | 18/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 12/03/2020 | 01/04/2020 | Dutch | |
| Abridged model | 31/12/2018 | 13/05/2019 | 10/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 31/03/2018 | 17/05/2018 | Dutch | |
| Abridged model | 31/12/2016 | 23/05/2017 | 31/05/2017 | Dutch | |
| Abridged model | 31/12/2015 | 26/03/2016 | 12/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 28/03/2015 | 19/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 29/03/2014 | 08/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 30/03/2013 | 07/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 31/03/2012 | 28/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 26/03/2011 | 07/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 27/03/2010 | 07/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 28/03/2009 | 21/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 29/03/2008 | 27/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 31/03/2007 | 11/05/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 27 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,2 M €↑
- 2024Annual accounts 20241,1 M €↑
- 2023Annual accounts 2023848,9 k €↑
- 2022Annual accounts 2022739,3 k €↑
- 2021Annual accounts 2021496,3 k €↑
- 2020Annual accounts 2020-21,9 k €↓
- 2019Annual accounts 2019559,4 k €↓
- 2018Annual accounts 2018615,4 k €↑
- 2017Annual accounts 2017171,5 k €↓
- 2016Annual accounts 2016282,6 k €↓
- 2015Annual accounts 2015350,6 k €↓
- 2014Annual accounts 2014353,3 k €↑
- 2013Annual accounts 2013330,4 k €↑
- 2012Annual accounts 2012294,5 k €↓
- 2011Annual accounts 2011298,8 k €↑
- 2010Annual accounts 2010193,3 k €↓
- 2009Annual accounts 2009216,7 k €↑
- 2008Annual accounts 2008144,9 k €↑
- 2007Annual accounts 2007139,5 k €↑
- 2006Annual accounts 2006100,5 k €
- 01/04/1971IncorporationPublic limited company