ACTIVE

COHEZIO

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Financial year 2025 · Closed on 31/12/2025

Net result747 k €-38,1 %over 1 year

Revenue80,7 M €+5,7 %over 1 year

Equity26,8 M €+2,8 %over 1 year

Workforce503,1 ETP+3,4 %over 1 year

Identity

Source · BCE/KBO

COHEZIO is a Non-profit organization incorporated in 1968. Its main activity is: Pre-primary education. Its registered office is in Bruxelles. It employs on average 503,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0410.623.764
Incorporation: 21/05/1968
Legal form: Non-profit organization
Registered office: Boulevard Bischoffsheim 1-8
1000 Bruxelles · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 503,1 ETP

Activities (NACE)

85120Pre-primary education· main 86210General medical practice activities 86210General medical practice activities 96099Other personal service activities n.e.c.96999Other personal service activities 86909Other human health activities+1

Joint committees (3)

330
330.04
330.4

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 44 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	80,7 M €	+5.7%	76,4 M €	+6.2%	71,9 M €	+9.2%	65,8 M €	+1.1%	65,1 M €
EBITDA	4,2 M €	+35.2%	3,1 M €	-47.1%	5,9 M €	+62.7%	3,6 M €	-51.5%	7,4 M €
Operating result	830,8 k €	+9.3%	759,9 k €	-77.1%	3,3 M €	+191%	1,1 M €	-77.6%	5,1 M €
Net result	747 k €	-38.1%	1,2 M €	-62.8%	3,2 M €	+242%	945,4 k €	-80.6%	4,9 M €
Balance sheet
Equity	26,8 M €	+2.8%	26,1 M €	+4.9%	24,9 M €	+15.0%	21,6 M €	+4.6%	20,7 M €
Total assets	57,3 M €	-3.6%	59,4 M €	+7.4%	55,3 M €	+6.4%	52 M €	+0.9%	51,5 M €
Cash	2,5 M €	+72.3%	1,5 M €	-74.6%	5,8 M €	+3.2%	5,6 M €	-49.4%	11,1 M €
Debts	27,2 M €	-5.8%	28,9 M €	+10.7%	26,1 M €	-0.1%	26,2 M €	-0.8%	26,4 M €
Other
Workforce	503,1 ETP	+3.4%	486,7 ETP	+4.2%	467,0 ETP	+2.9%	454,0 ETP	+1.6%	447,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

14 active · 189 ended

Active mandates

Frédéric HENNAUT

Director · since 11 décembre 2024 · until 11 décembre 2030

Active

Ann Bayart

Director · since 28 juin 2022 · until 27 juin 2028

Active

Didier Reynaerts

Director · since 28 juin 2022 · until 27 juin 2028

Active

Jean-Paul Bonjean

Director · since 23 juin 2020 · until 22 juin 2026

Active

Olivier Legrand

Managing director · since 01 janvier 2018 · until 22 juin 2026

Active

Martine Magnée

Director · since 26 octobre 2017 · until 22 juin 2026

Active

Pierre COOLS

Director · since 16 décembre 2016 · until 22 juin 2026

Active

Eric DEGROS

Director · since 10 février 2016 · until 22 juin 2026

Active

Alain Thirion

Vice-chairman of the board of directors · since 30 juin 2014 · until 22 juin 2026

Active

Chris Reniers

Director · since 30 juin 2014 · until 22 juin 2026

Active

Fabienne Pauwels

Director · since 30 juin 2014 · until 22 juin 2026

Active

Freddy VAN DEN SPIEGEL

Director · since 30 juin 2014 · until 22 juin 2026

Active

Gérard Appruzzese

Director · since 30 juin 2014 · until 22 juin 2026

Active

Patrick Verertbruggen

Chairman of the board of directors · since 30 juin 2014 · until 22 juin 2026

Active

Ended mandates

Gérard Appruzzese

Director · since 23 juin 2023 · until 22 juin 2026

Ended

Ann Bayart

Director · since 06 septembre 2022 · until 05 septembre 2028

Ended

Didier Reynaerts

Director · since 06 septembre 2022 · until 05 septembre 2028

Ended

Sébastien CHOQUET

Director · since 09 décembre 2020 · until 11 décembre 2024

Ended

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Boulevard Bischoffsheim 1-8 1000 Bruxelles

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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	08/07/2026	30/06/2025	16/03/2025	30/06/2023	26/07/2022	16/02/2022
General meeting	26/06/2026	25/06/2025	26/06/2024	28/06/2023	28/06/2022	29/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 44 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	08/07/2026	French	PDF
Full model	31/12/2025	26/06/2026	08/07/2026	Dutch	PDF
Full model	31/12/2024	25/06/2025	30/06/2025	Dutch	PDF
Full model	31/12/2024	25/06/2025	30/06/2025	French	PDF
Full modelCorrection	31/12/2023	26/06/2024	16/03/2025	Dutch	PDF
Full modelCorrection	31/12/2023	26/06/2024	16/03/2025	French	PDF
Full model	31/12/2023	26/06/2024	02/07/2024	Dutch	PDF
Full model	31/12/2023	26/06/2024	02/07/2024	French	PDF
Full model	31/12/2022	28/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2022	28/06/2023	30/06/2023	French	PDF
Full model	31/12/2021	28/06/2022	26/07/2022	French	PDF
Full model	31/12/2021	28/06/2022	26/07/2022	Dutch	PDF
Full modelCorrection	31/12/2020	29/06/2021	16/02/2022	Dutch	PDF
Full modelCorrection	31/12/2020	29/06/2021	16/02/2022	French	PDF
Full model	31/12/2020	29/06/2021	22/07/2021	French	PDF
Full model	31/12/2020	29/06/2021	22/07/2021	Dutch	PDF
Full model	31/12/2019	23/06/2020	15/07/2020	Dutch	PDF
Full model	31/12/2019	23/06/2020	15/07/2020	French	PDF
Full model	31/12/2018	26/06/2019	28/06/2019	French	PDF
Full model	31/12/2018	26/06/2019	28/06/2019	Dutch	PDF
Full modelCorrection	31/12/2017	20/06/2018	10/08/2018	Dutch	PDF
Full modelCorrection	31/12/2017	20/06/2018	10/08/2018	French	PDF
Full model	31/12/2017	20/06/2018	28/06/2018	French	PDF
Full model	31/12/2017	20/06/2018	28/06/2018	Dutch	PDF

View all 44 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

14 active · 189 ended

Active mandates

Frédéric HENNAUT

Director · since 11 décembre 2024 · until 11 décembre 2030

Active

Ann Bayart

Director · since 28 juin 2022 · until 27 juin 2028

Active

Didier Reynaerts

Director · since 28 juin 2022 · until 27 juin 2028

Active

Jean-Paul Bonjean

Director · since 23 juin 2020 · until 22 juin 2026

Active

Olivier Legrand

Managing director · since 01 janvier 2018 · until 22 juin 2026

Active

Martine Magnée

Director · since 26 octobre 2017 · until 22 juin 2026

Active

Pierre COOLS

Director · since 16 décembre 2016 · until 22 juin 2026

Active

Eric DEGROS

Director · since 10 février 2016 · until 22 juin 2026

Active

Alain Thirion

Vice-chairman of the board of directors · since 30 juin 2014 · until 22 juin 2026

Active

Chris Reniers

Director · since 30 juin 2014 · until 22 juin 2026

Active

Fabienne Pauwels

Director · since 30 juin 2014 · until 22 juin 2026

Active

Freddy VAN DEN SPIEGEL

Director · since 30 juin 2014 · until 22 juin 2026

Active

Gérard Appruzzese

Director · since 30 juin 2014 · until 22 juin 2026

Active

Patrick Verertbruggen

Chairman of the board of directors · since 30 juin 2014 · until 22 juin 2026

Active

Ended mandates

Gérard Appruzzese

Director · since 23 juin 2023 · until 22 juin 2026

Ended

Ann Bayart

Director · since 06 septembre 2022 · until 05 septembre 2028

Ended

Didier Reynaerts

Director · since 06 septembre 2022 · until 05 septembre 2028

Ended

Sébastien CHOQUET

Director · since 09 décembre 2020 · until 11 décembre 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates09/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates02/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates15/09/2022
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/09/2022
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025747 k €↓
25/06/2025
nominationBDO Réviseurs d'Entreprises — commissaire
25/06/2025
nominationBDO Bedrijfsrevisoren — commissaris
2024
Annual accounts 20241,2 M €↓
11/12/2024
nominationFrédéric Hennaut — bestuurder
11/12/2024
nominationFrédéric Hennaut — administrateur
2023
Annual accounts 20233,2 M €↑
2022
Annual accounts 2022945,4 k €↓
28/06/2022
nominationAnn Bayart — bestuurder
28/06/2022
nominationDidier Reynaerts — bestuurder
28/06/2022
reconductionLuis Laperal — commissaris
28/06/2022
nominationAnn Bayart — administrateur
28/06/2022
nominationDidier Reynaerts — administrateur
28/06/2022
reconductionRSM InterAudit scrl — commissaire
2021
Annual accounts 20214,9 M €↑
2020
Annual accounts 20201,6 M €↑
2019
Annual accounts 2019655,5 k €↓
2019
Name changeCOHEZIO
2018
Annual accounts 2018902,6 k €↓
2017
Annual accounts 20171,1 M €↑
2016
Annual accounts 2016-2 M €↓
2015
Annual accounts 2015228,9 k €↑
2014
Annual accounts 2014-303 k €↓
2014
Name changeSPMT-ARISTA
2013
Annual accounts 201355,8 k €↑
2012
Annual accounts 2012-3,6 M €↓
2012
Name changeARISTA-SERVICE EXTERNE DE PREVENTION ET DE PROTECTION AU TRAVAIL
2010
Annual accounts 2010121,3 k €↓
2009
Annual accounts 2009130,3 k €↑
2008
Annual accounts 200858,3 k €
2008
Name changeARISTA- EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING OP HET WERK
21/05/1968
IncorporationNon-profit organization

COHEZIO

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