ACTIVE

COBBACO

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Financial year 2025 · closed on 31/12/2025

Net result

4,1 k €

-45.1% YoY

Gross margin

26,7 k €

-10.0% YoY

Equity

189,7 k €

+2.2% YoY

What does COBBACO do?

COBBACO is a Public limited company incorporated in 1975. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.953.321

Incorporation

24/12/1975

Legal form

Public limited company

Registered office

Industriepark-Drongen 13
9031 Gent · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	26,7 k €	-10.0%	29,7 k €	+23.9%	23,9 k €	-17.3%	28,9 k €	-0.6%	29,1 k €	+7.6%	27,1 k €	-0.4%	27,2 k €	-0.2%	27,2 k €	+0.8%	27 k €	-0.8%	27,2 k €	+1.2%	26,9 k €	-1.1%	27,2 k €	-0.6%	27,4 k €	+4.7%	26,1 k €	-5.1%	27,5 k €	+0.5%	27,4 k €	+36.7%	20,1 k €	-27.2%	27,5 k €	-20.4%	34,6 k €
EBITDA	13,4 k €	-20.5%	16,8 k €	+49.2%	11,3 k €	-40.7%	19 k €	-2.1%	19,4 k €	+7.7%	18 k €	-1.5%	18,3 k €	-1.3%	18,6 k €	+1.6%	18,3 k €	-2.2%	18,7 k €	+1.6%	18,4 k €	-2.1%	18,8 k €	-2.8%	19,3 k €	+5.2%	18,4 k €	-5.8%	19,5 k €	-0.6%	19,6 k €	+56.2%	12,5 k €	-37.6%	20,1 k €	-26.4%	27,3 k €
Operating result	13,4 k €	-20.5%	16,8 k €	+49.2%	11,3 k €	-40.7%	19 k €	-2.1%	19,4 k €	+63.1%	11,9 k €	+7.7%	11,1 k €	-2.1%	11,3 k €	+2.7%	11 k €	-3.7%	11,4 k €	+2.7%	11,1 k €	-3.5%	11,5 k €	-4.5%	12,1 k €	+8.6%	11,1 k €	-9.3%	12,2 k €	-0.9%	12,4 k €	+133%	5,3 k €	-54.3%	11,6 k €	-27.1%	15,9 k €
Net result	4,1 k €	-45.1%	7,5 k €	+79.6%	4,2 k €	-59.2%	10,3 k €	-1.7%	10,5 k €	+99.7%	5,2 k €	+9.5%	4,8 k €	-3.9%	5 k €	-6.5%	5,3 k €	-15.9%	6,3 k €	+49.2%	4,2 k €	-2.1%	4,3 k €	-14.0%	5,1 k €	-12.9%	5,8 k €	-1.4%	5,9 k €	-42.1%	10,2 k €	+63.7%	6,2 k €	+4.0%	6 k €	-66.7%	17,9 k €
Balance sheet
Equity	189,7 k €	+2.2%	185,5 k €	+4.2%	178 k €	+2.4%	173,8 k €	+6.3%	163,5 k €	+13.0%	144,7 k €	+3.8%	139,4 k €	+3.6%	134,7 k €	+3.8%	129,7 k €	+4.3%	124,3 k €	+5.4%	118 k €	+3.7%	113,8 k €	+4.0%	109,4 k €	+4.8%	104,4 k €	+5.9%	98,6 k €	+6.3%	92,7 k €	+12.3%	82,5 k €	+8.1%	76,3 k €	+8.5%	70,4 k €
Total assets	351,1 k €	+2.8%	341,4 k €	+4.6%	326,2 k €	+2.0%	319,7 k €	+5.4%	303,4 k €	+7.8%	281,5 k €	+2.8%	273,9 k €	+1.8%	269,1 k €	+2.9%	261,5 k €	+2.1%	256,1 k €	+4.1%	246 k €	+1.6%	242 k €	+1.2%	239,2 k €	+4.7%	228,5 k €	+4.2%	219,3 k €	-9.9%	243,3 k €	-27.3%	334,7 k €	+2.7%	325,8 k €	+2.7%	317,2 k €
Cash	5,3 k €	-28.3%	7,5 k €	-30.9%	10,8 k €	-14.2%	12,6 k €	-60.6%	31,9 k €	+137%	13,5 k €	-54.7%	29,7 k €	+67.3%	17,8 k €	+2067%	819,2 €	-5.6%	867,7 €	+85.4%	468 €	-99.2%	55,5 k €	+22.2%	45,4 k €	+65.8%	27,4 k €	+151%	10,9 k €	-60.5%	27,6 k €	+5320%	510 €	-30.5%	734 €	-91.0%	8,1 k €
Debts	154 k €	+3.7%	148,4 k €	+5.4%	140,8 k €	+1.7%	138,5 k €	+4.5%	132,5 k €	+2.5%	129,3 k €	+1.9%	127 k €	-0.1%	127 k €	+2.1%	124,4 k €	+0.0%	124,3 k €	+3.1%	120,6 k €	-0.2%	120,9 k €	-1.2%	122,4 k €	+9.1%	112,2 k €	+3.1%	108,8 k €	-27.8%	150,6 k €	-40.3%	252,2 k €	+1.1%	249,5 k €	+1.1%	246,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

Ann Deslee

Director · since 04 juin 2022

Active

Jean-Paul Cobbaert

Managing director · since 04 juin 2022

Active

Michel Cobbaert

Director · since 04 juin 2022

Active

Ended mandates

Ann Deslee

Director · since 04 juin 2016

Ended

ANN DESLEE

Director · since 04 juin 2016 · until 04 juin 2022

Ended

Jean-Paul Cobbaert

Managing director · since 04 juin 2016

Ended

JEAN-PAUL COBBAERT

Managing director · since 04 juin 2016 · until 04 juin 2022

Ended

At this address

Other companies at this address

Company	CBE no.
Arcon Technics● Active	0840.334.754
Cobby's● Active	0411.652.360
Delphine Cobbaert● Active	0800.152.505
Make Your Own Spirit● Active	0663.871.463
XERXES● Active	0441.911.214

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	03/07/2026	30/07/2025	28/07/2024	21/06/2023	04/07/2022	16/07/2021
General meeting	03/06/2026	30/06/2025	30/06/2024	07/06/2023	22/06/2022	23/06/2021
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
Abridged model	31/12/2025	03/06/2026	03/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	28/07/2024	Dutch	PDF
Abridged model	31/12/2022	07/06/2023	21/06/2023	Dutch	PDF
Abridged model	31/12/2021	22/06/2022	04/07/2022	Dutch	PDF
Abridged model	31/12/2020	23/06/2021	16/07/2021	Dutch	PDF
Abridged model	31/12/2019	24/06/2020	08/07/2020	Dutch	PDF
Abridged model	31/12/2018	05/06/2019	17/06/2019	Dutch	PDF
Abridged model	31/12/2017	06/06/2018	11/06/2018	Dutch	PDF
Abridged model	31/12/2016	07/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	22/06/2016	13/07/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	04/06/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	06/06/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	14/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	04/06/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	20/06/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	08/06/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	05/06/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	24/06/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	15/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 3 active · 12 ended

Active mandates

Ann Deslee

Director · since 04 juin 2022

Active

Jean-Paul Cobbaert

Managing director · since 04 juin 2022

Active

Michel Cobbaert

Director · since 04 juin 2022

Active

Ended mandates

Ann Deslee

Director · since 04 juin 2016

Ended

ANN DESLEE

Director · since 04 juin 2016 · until 04 juin 2022

Ended

Jean-Paul Cobbaert

Managing director · since 04 juin 2016

Ended

JEAN-PAUL COBBAERT

Managing director · since 04 juin 2016 · until 04 juin 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares15/07/2011
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/06/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/05/2007
MAATSCHAPPELIJKE ZETEL
PDF
Mandates28/05/2004
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 20254,1 k €↓
2024
Annual accounts 20247,5 k €↑
2023
Annual accounts 20234,2 k €↓
2022
Annual accounts 202210,3 k €↓
2021
Annual accounts 202110,5 k €↑
2019
Annual accounts 20195,2 k €↑
2018
Annual accounts 20184,8 k €↓
2017
Annual accounts 20175 k €↓
2016
Annual accounts 20165,3 k €↓
2015
Annual accounts 20156,3 k €↑
2014
Annual accounts 20144,2 k €↓
2013
Annual accounts 20134,3 k €↓
2012
Annual accounts 20125,1 k €↓
2011
Annual accounts 20115,8 k €↓
2010
Annual accounts 20105,9 k €↓
2009
Annual accounts 200910,2 k €↑
2008
Annual accounts 20086,2 k €↑
2007
Annual accounts 20076 k €↓
2006
Annual accounts 200617,9 k €
24/12/1975
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

COBBACO

Overview

What does COBBACO do?

Trend over 19 financial years

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