ACTIVE

COBELAL

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Financial year 2025 · Closed on 31/12/2025

Net result2,1 M €+1 001,9 %over 1 year

Revenue110 M €-7,5 %over 1 year

Equity36,7 M €+6,2 %over 1 year

Workforce32,9 ETP-7,8 %over 1 year

Identity

Source · BCE/KBO

COBELAL is a Private limited company incorporated in 1971. Its main activity is: Wholesale of agricultural machinery, equipment and supplies. Its registered office is in Leuven. It employs on average 32,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0408.456.706
Incorporation: 30/07/1971
Legal form: Private limited company
Registered office: Aarschotsesteenweg 84
3012 Leuven · FlandreSee on map
Contributed capital: 21 635 499,46 €
Latest accounts: 31/12/2025
Average workforce: 32,9 ETP

Activities (NACE)

46610Wholesale of agricultural machinery, equipment and supplies· main 46610Wholesale of agricultural machinery, equipment and supplies 51880Air transport 74142Specialised design activities 28300Manufacture of agricultural and forestry machinery 28300Manufacture of agricultural and forestry machinery+26

Joint committees (3)

14904
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	110 M €	-7.5%	118,9 M €	+2.4%	116,1 M €	+1.7%	114,2 M €	-5.7%	121,1 M €
EBITDA	2,6 M €	+227%	785,3 k €	-14.4%	917,3 k €	-70.1%	3,1 M €	-8.2%	3,3 M €
Operating result	2,9 M €	+1385%	192,5 k €	-86.0%	1,4 M €	-50.7%	2,8 M €	+44.3%	1,9 M €
Net result	2,1 M €	+1002%	-236,2 k €	-120%	1,2 M €	-14.1%	1,4 M €	-18.5%	1,7 M €
Balance sheet
Equity	36,7 M €	+6.2%	34,6 M €	-0.7%	34,8 M €	+3.5%	33,6 M €	-12.9%	38,6 M €
Total assets	57,5 M €	+16.8%	49,3 M €	-19.3%	61,1 M €	+18.5%	51,5 M €	-15.4%	60,9 M €
Cash	266,2 k €		–		–		–		–
Debts	20,2 M €	+42.6%	14,2 M €	-45.9%	26,2 M €	+65.5%	15,8 M €	-23.0%	20,5 M €
Other
Workforce	32,9 ETP	-7.8%	35,7 ETP	+1.4%	35,2 ETP	-5.6%	37,3 ETP	-11.0%	41,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arvesta Belgium0734.562.390Represented by Jurgen Van Eetvelde	Director01/04/2026 → 04/04/2028
AGRI INVEST0817.283.396Represented by Kris Moerman	Director02/04/2024 → 04/04/2028
Paul Deleu	Managing director07/04/2009 → 04/04/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Focus4Growth0734.822.609Represented by Eric Lauwers	Director07/04/2020 → 2021 accounts
FRESA INVEST0741.571.136Represented by Niek Depoorter	Director07/04/2020 → 02/04/2024
Tae Yeon0738.545.033Represented by Filiep Messiaen	Director07/04/2020 → 31/12/2021

Other companies at this address

Aarschotsesteenweg 84 3012 Leuven

Company	CBE no.
Arvesta● Active	0737.818.127
Arvesta Animal Nutrition● Active	1008.655.587
Arvesta Belgium● Active	0734.562.390
Arvesta Group Belgium● Active	0767.496.662
ARVESTA LOGISTICS● Active	0462.097.706
AVEVE● Active	0403.552.464
Aveve Jodoigne● Active	0877.128.438
Sociaal Fonds Arvesta● Active	0466.854.268

Full financial information

Source · NBB

	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	28/04/2026	11/07/2025	26/04/2024	24/04/2023	03/05/2022	22/04/2021
General meeting	07/04/2026	01/04/2025	02/04/2024	04/04/2023	05/04/2022	06/04/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	07/04/2026	28/04/2026	Dutch	PDF
Full modelCorrection	31/12/2024	01/04/2025	11/07/2025	Dutch	PDF
Full model	31/12/2024	01/04/2025	18/04/2025	Dutch	PDF
Full model	31/12/2023	02/04/2024	26/04/2024	Dutch	PDF
Full model	31/12/2022	04/04/2023	24/04/2023	Dutch	PDF
Full model	31/12/2021	05/04/2022	03/05/2022	Dutch	PDF
Full model	31/12/2020	06/04/2021	22/04/2021	Dutch	PDF
Full model	31/12/2019	07/04/2020	26/05/2020	Dutch	PDF
Full model	31/12/2018	02/04/2019	03/05/2019	Dutch	PDF
Full model	31/12/2017	03/04/2018	25/05/2018	Dutch	PDF
Full model	31/12/2016	04/04/2017	25/04/2017	Dutch	PDF
Full model	31/12/2015	05/04/2016	03/05/2016	Dutch	PDF
Full model	31/12/2014	07/04/2015	23/04/2015	Dutch	PDF
Full model	31/12/2013	01/04/2014	30/04/2014	Dutch	PDF
Full model	31/12/2012	02/04/2013	30/04/2013	Dutch	PDF
Full model	31/12/2011	03/04/2012	25/04/2012	Dutch	PDF
Full model	31/12/2010	05/04/2011	21/04/2011	Dutch	PDF
Full model	31/12/2009	06/04/2010	20/04/2010	Dutch	PDF
Full model	31/12/2008	07/04/2009	04/05/2009	Dutch	PDF
Full model	31/12/2007	01/04/2008	22/04/2008	Dutch	PDF
Full model	31/12/2006	03/04/2007	18/04/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arvesta Belgium0734.562.390Represented by Jurgen Van Eetvelde	Director01/04/2026 → 04/04/2028
AGRI INVEST0817.283.396Represented by Kris Moerman	Director02/04/2024 → 04/04/2028
Paul Deleu	Managing director07/04/2009 → 04/04/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Focus4Growth0734.822.609Represented by Eric Lauwers	Director07/04/2020 → 2021 accounts
FRESA INVEST0741.571.136Represented by Niek Depoorter	Director07/04/2020 → 02/04/2024
Tae Yeon0738.545.033Represented by Filiep Messiaen	Director07/04/2020 → 31/12/2021

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/08/2026
Ontslag bestuurder - benoeming bestuurder
PDF
Mandates09/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2024
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other12/07/2022
DIVERSEN
PDF
Other23/05/2022
DIVERSEN
PDF
Restructuring21/01/2022
ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring22/11/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings10 filings

Mandates

Arvesta Belgium

AGRI INVEST

Paul Deleu

Focus4Growth

Tae Yeon

FRESA INVEST

Niek Depoorter

Filiep Messiaen

Erik Haegeman

Lucien Janssens

Eric Lauwers

Hendrik Soete

Show the 5 other mandates

1971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

COBELAL

Aarschotsesteenweg 84, 3012 Wilsele

Director

Managing director

Director

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Aarschotsesteenweg 84, 3012 WilseleCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00093694

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
COBELALCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00093694

Events

2025
Annual accounts 20252,1 M €↑
01/04/2025
reconductionWim Van Gasse · commissaris (vaste vertegenwoordiger van BV Wim Van Gasse)
2024
Annual accounts 2024-236,2 k €↓
02/04/2024
reconductionPaul Deleu · bestuurder
02/04/2024
nominationBV Agri Invest · bestuurder
2023
Annual accounts 20231,2 M €↓
2022
Annual accounts 20221,4 M €↓
05/04/2022
reconductionEY Bedrijfsrevisoren BV · commissaris
2021
Annual accounts 20211,7 M €↓
2020
Annual accounts 202026,1 M €↑
2019
Annual accounts 2019-400,6 k €↓
2015
Annual accounts 2015807,5 k €↓
2009
Annual accounts 20091,8 M €↓
2008
Annual accounts 20085,2 M €
30/07/1971
IncorporationPrivate limited company

COBELAL

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events