ACTIVE

Cothan

Financial year 2025 · closed on 31/12/2025
Net result
213,1 k €
+36.8% YoY
Gross margin
2,4 M €
+6.1% YoY
Equity
2,1 M €
+9.6% YoY

What does Cothan do?

Cothan is a Non-profit organization incorporated in 1973. Its main activity is: Other human health activities. Its registered office is in Charleroi.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0413.180.804
Incorporation
24/09/1973
Legal form
Non-profit organization
Registered office
Rue de la Madeleine 21
6041 Charleroi · Wallonie
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin2,4 M €2,3 M €2,2 M €2,1 M €1,9 M €1,9 M €1,9 M €1,8 M €1,8 M €1,8 M €
EBITDA403,8 k €350,8 k €313,9 k €237,6 k €298,9 k €267,4 k €277,8 k €149 k €248,4 k €368,7 k €
Operating result254,6 k €202,3 k €156,2 k €79,9 k €142,4 k €112,9 k €125 k €7,9 k €103 k €211,3 k €
Net result213,1 k €155,8 k €104,5 k €24,9 k €84,1 k €51,5 k €60,7 k €130,4 k €32,5 k €114,8 k €
Balance sheet
Equity2,1 M €1,9 M €1,8 M €1,7 M €1,7 M €1,7 M €1,6 M €1,6 M €1,5 M €1,5 M €
Total assets4,3 M €4,3 M €4,3 M €4,4 M €4,4 M €4,5 M €4,6 M €4,7 M €4,7 M €4,8 M €
Cash510 k €544 k €608,4 k €505,7 k €584,3 k €477,9 k €347,1 k €296,2 k €266,7 k €270,4 k €
Debts2,2 M €2,4 M €2,5 M €2,7 M €2,6 M €2,8 M €2,9 M €3,1 M €3,2 M €3,3 M €
Other
Workforce28,1 ETP26,9 ETP29,9 ETP28,7 ETP27,6 ETP28,9 ETP29,4 ETP30,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 31 ended

Active mandates

SANDRINE SOTTIAUX

Director · since 12 juin 2023 · until 12 juin 2027

Active
BENJAMIN SOTTIAUX

Director · since 20 juin 2016 · until 12 juin 2027

Active
SYLVIE BRICHARD

Director · since 20 juin 2016 · until 12 juin 2027

Active
BENOIT CRETSER

Director · since 03 juin 2013 · until 12 juin 2027

Active
POL SOTTIAUX

Chairman of the board of directors · since 20 mai 2010 · until 12 juin 2027

Active
STEPHAN MERCIER

Director · since 20 mai 2010 · until 12 mai 2027

Active

Ended mandates

BENJAMIN SOTTIAUX

Director · since 20 juin 2016 · until 29 juin 2021

Ended
BENJAMIN SOTTIAUX

Director · since 20 juin 2016 · until 20 juin 2022

Ended
BENJAMIN SOTTIAUX

Director · since 20 juin 2016 · until 23 juillet 2024

Ended
SYLVIE BRICHARD

Director · since 20 juin 2016 · until 29 juin 2021

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/07/202631/07/202527/08/202419/08/202319/08/202227/08/2021
General meeting10/06/202625/06/202517/06/202412/06/202314/06/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/06/202621/07/2026FrenchPDF
Abridged model31/12/202425/06/202531/07/2025FrenchPDF
Abridged model31/12/202317/06/202427/08/2024FrenchPDF
Abridged model31/12/202212/06/202319/08/2023FrenchPDF
Abridged model31/12/202114/06/202219/08/2022FrenchPDF
Abridged model31/12/202014/06/202127/08/2021FrenchPDF
Abridged model31/12/201923/07/202031/10/2020FrenchPDF
Abridged model31/12/201822/05/201930/08/2019FrenchPDF
Abridged model31/12/201718/06/201822/09/2018FrenchPDF
Abridged model31/12/201625/05/201730/09/2017FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 6 active · 31 ended

Active mandates

SANDRINE SOTTIAUX

Director · since 12 juin 2023 · until 12 juin 2027

Active
BENJAMIN SOTTIAUX

Director · since 20 juin 2016 · until 12 juin 2027

Active
SYLVIE BRICHARD

Director · since 20 juin 2016 · until 12 juin 2027

Active
BENOIT CRETSER

Director · since 03 juin 2013 · until 12 juin 2027

Active
POL SOTTIAUX

Chairman of the board of directors · since 20 mai 2010 · until 12 juin 2027

Active
STEPHAN MERCIER

Director · since 20 mai 2010 · until 12 mai 2027

Active

Ended mandates

BENJAMIN SOTTIAUX

Director · since 20 juin 2016 · until 29 juin 2021

Ended
BENJAMIN SOTTIAUX

Director · since 20 juin 2016 · until 20 juin 2022

Ended
BENJAMIN SOTTIAUX

Director · since 20 juin 2016 · until 23 juillet 2024

Ended
SYLVIE BRICHARD

Director · since 20 juin 2016 · until 29 juin 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other04/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates08/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/10/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/04/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/10/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/09/2012
    DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2025
    Annual accounts 2025213,1 k €
  2. 2024
    Annual accounts 2024155,8 k €
  3. 2023
    Annual accounts 2023104,5 k €
  4. 2022
    Annual accounts 202224,9 k €
  5. 2021
    Annual accounts 202184,1 k €
  6. 2020
    Annual accounts 202051,5 k €
  7. 2019
    Annual accounts 201960,7 k €
  8. 2018
    Annual accounts 2018130,4 k €
  9. 2017
    Annual accounts 201732,5 k €
  10. 2016
    Annual accounts 2016114,8 k €
  11. 24/09/1973
    IncorporationNon-profit organization