ACTIVE

COMARDEN

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Financial year 2025 · closed on 31/12/2025

Net result

112,3 k €

-50.9% YoY

Revenue

18,2 M €

+9.0% YoY

Equity

6 M €

+1.9% YoY

Workforce

29,2 ETP

-4.9% YoY

What does COMARDEN do?

COMARDEN is a Private limited company incorporated in 1977. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Bertrix. It employs on average 29,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0417.128.011

Incorporation

13/05/1977

Legal form

Private limited company

Registered office

Rue des Corettes 47
6880 Bertrix · WallonieSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Average workforce

29,2 ETP

Activities (NACE)

46731Wholesale of wood, construction materials and sanitary equipment· main 46831Wholesale trade, except of motor vehicles and motorcycles 51532Air transport 47521Retail sale of hardware, paints and glass in specialised stores 47521Retail sale of hardware, paints and glass in specialised stores 49410Freight transport by road+3

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006		2003
Income statement
Revenue	18,2 M €	+9.0%	16,7 M €	-5.1%	17,6 M €	-13.8%	20,4 M €	+14.9%	17,8 M €	+29.3%	13,8 M €	+18.3%	11,6 M €	+0.8%	11,5 M €	+4.6%	11 M €	-13.4%	12,7 M €	+4.5%	12,2 M €	+0.2%	12,2 M €	-9.4%	13,4 M €	+13.7%	11,8 M €	+8.7%	10,9 M €	-1.8%	11,1 M €		–		–		–
EBITDA	356,8 k €	-42.2%	616,8 k €	+6.6%	578,5 k €	-65.6%	1,7 M €	+4.5%	1,6 M €	+92.7%	834 k €	+7.1%	778,5 k €	-5.3%	821,6 k €	+51.7%	541,7 k €	-52.3%	1,1 M €	+65.9%	684,5 k €	-1.7%	696,2 k €	-4.9%	731,9 k €	-7.0%	787,2 k €	+92.3%	409,4 k €	-26.4%	556,6 k €	-30.9%	805,1 k €	+45.9%	551,9 k €	+89.7%	290,9 k €
Operating result	217,1 k €	-35.9%	338,9 k €	-19.3%	420 k €	-72.0%	1,5 M €	+12.2%	1,3 M €	+153%	528 k €	+17.4%	449,7 k €	-35.2%	694,2 k €	+91.1%	363,3 k €	-60.9%	929,6 k €	+78.1%	521,9 k €	-6.6%	558,9 k €	-19.4%	693,7 k €	+20.9%	573,9 k €	+200%	191,1 k €	-53.6%	412,2 k €	-26.3%	558,9 k €	+58.7%	352,2 k €	+183%	124,3 k €
Net result	112,3 k €	-50.9%	228,9 k €	-17.3%	276,7 k €	-75.7%	1,1 M €	+14.9%	990,4 k €	+185%	347,1 k €	+35.1%	256,9 k €	-42.2%	444,5 k €	+97.3%	225,2 k €	-61.8%	588,9 k €	+77.3%	332,2 k €	+4.1%	319,1 k €	-34.0%	483,6 k €	+54.9%	312,2 k €	+194%	106,2 k €	-51.4%	218,7 k €	-28.6%	306,1 k €	+71.6%	178,5 k €	+307%	43,8 k €
Balance sheet
Equity	6 M €	+1.9%	5,9 M €	+4.0%	5,6 M €	+5.1%	5,4 M €	+2.1%	5,3 M €	+38.4%	3,8 M €	+2.2%	3,7 M €	+1.3%	3,7 M €	+12.3%	3,3 M €	-8.1%	3,6 M €	+10.6%	3,2 M €	+12.6%	2,9 M €	+12.4%	2,5 M €	+23.3%	2,1 M €	+17.6%	1,8 M €	+6.2%	1,7 M €	+16.6%	1,4 M €	+27.6%	1,1 M €	+28.8%	861,5 k €
Total assets	8,9 M €	+1.4%	8,8 M €	-1.5%	8,9 M €	-5.5%	9,5 M €	+15.5%	8,2 M €	+36.6%	6 M €	-4.7%	6,3 M €	-0.8%	6,3 M €	+7.4%	5,9 M €	-5.3%	6,2 M €	-2.5%	6,4 M €	+4.3%	6,1 M €	+4.1%	5,9 M €	+25.6%	4,7 M €	-2.3%	4,8 M €	+11.1%	4,3 M €	-1.7%	4,4 M €	+1.6%	4,3 M €	+18.6%	3,7 M €
Cash	1,2 M €	+49.8%	821,1 k €	-1.0%	829,1 k €	-57.9%	2 M €	+83.0%	1,1 M €	-11.7%	1,2 M €	+7.5%	1,1 M €	-33.9%	1,7 M €	-8.1%	1,9 M €	+27.2%	1,5 M €	-16.4%	1,8 M €	-12.1%	2 M €	+174%	729,6 k €	+165%	274,9 k €	-66.5%	819,6 k €	+768%	94,4 k €	-68.7%	301,9 k €	-30.1%	431,8 k €	+104%	211,2 k €
Debts	3 M €	+0.6%	2,9 M €	-11.0%	3,3 M €	-19.5%	4,1 M €	+39.8%	2,9 M €	+33.2%	2,2 M €	-14.6%	2,6 M €	-3.8%	2,7 M €	+1.3%	2,6 M €	+0.5%	2,6 M €	-13.7%	3 M €	-3.7%	3,2 M €	-2.9%	3,3 M €	+27.6%	2,6 M €	-12.2%	2,9 M €	+15.3%	2,5 M €	-11.0%	2,8 M €	-8.0%	3,1 M €	+16.3%	2,6 M €
Other
Workforce	29,2 ETP	-4.9%	30,7 ETP	-2.8%	31,6 ETP	+5.7%	29,9 ETP	-3.9%	31,1 ETP	+27.5%	24,4 ETP	+11.9%	21,8 ETP	+12.4%	19,4 ETP	-5.8%	20,6 ETP	+7.3%	19,2 ETP	-4.0%	20,0 ETP	-3.8%	20,8 ETP	-3.3%	21,5 ETP	+6.4%	20,2 ETP	+4.1%	19,4 ETP	+0.5%	19,3 ETP	+3.8%	18,6 ETP	+6.3%	17,5 ETP	+12.9%	15,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Olivier FERNANDEZ

Director · since 27 décembre 2013

Active

Ended mandates

Olivier FERNANDEZ

Manager · since 25 juin 2014

Ended

Serge FERNANDEZ

Manager · since 25 juin 2014

Ended

Olivier FERNANDEZ

Manager · since 27 décembre 2013

Ended

Olivier FERNANDEZ

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
B&Co Unité● Active	1038.089.743

Annual accounts

Full financial information

	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	14/08/2026	29/08/2025	19/07/2024	28/08/2023	01/07/2022	16/07/2021
General meeting	07/08/2026	31/07/2025	22/06/2024	16/08/2023	04/06/2022	05/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	07/08/2026	14/08/2026	French	PDF
Full model	31/12/2024	31/07/2025	29/08/2025	French	PDF
Full model	31/12/2023	22/06/2024	19/07/2024	French	PDF
Full model	31/12/2022	16/08/2023	28/08/2023	French	PDF
Full model	31/12/2021	04/06/2022	01/07/2022	French	PDF
Full model	31/12/2020	05/06/2021	16/07/2021	French	PDF
Full model	31/12/2019	31/08/2020	30/09/2020	French	PDF
Full model	31/12/2018	31/07/2019	05/09/2019	French	PDF
Full model	31/12/2017	31/07/2018	20/08/2018	French	PDF
Full model	31/12/2016	30/08/2017	31/08/2017	French	PDF
Full model	31/12/2015	04/06/2016	23/08/2016	French	PDF
Full model	31/12/2014	15/07/2015	13/08/2015	French	PDF
Full model	31/12/2013	07/06/2014	29/08/2014	French	PDF
Full model	31/12/2012	29/06/2013	31/07/2013	French	PDF
Full model	31/12/2011	02/06/2012	30/08/2012	French	PDF
Full model	31/12/2010	04/06/2011	31/08/2011	French	PDF
Full model	31/12/2009	05/06/2010	30/08/2010	French	PDF
Full model	31/12/2008	06/06/2009	27/08/2009	French	PDF
Abridged model	31/12/2007	07/06/2008	26/08/2008	French	PDF
Abridged model	31/12/2006	02/06/2007	31/08/2007	French	PDF
Abridged model	31/12/2003	31/05/2004	29/05/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

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

Active mandates

Olivier FERNANDEZ

Director · since 27 décembre 2013

Active

Ended mandates

Olivier FERNANDEZ

Manager · since 25 juin 2014

Ended

Serge FERNANDEZ

Manager · since 25 juin 2014

Ended

Olivier FERNANDEZ

Manager · since 27 décembre 2013

Ended

Olivier FERNANDEZ

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/02/2026
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates22/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates15/09/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates03/10/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates09/09/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates25/07/2014
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates21/05/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates14/12/2012
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

2025
Annual accounts 2025112,3 k €↓
2024
Annual accounts 2024228,9 k €↓
2023
Annual accounts 2023276,7 k €↓
2022
Annual accounts 20221,1 M €↑
2021
Annual accounts 2021990,4 k €↑
2018
Annual accounts 2018347,1 k €↑
2017
Annual accounts 2017256,9 k €↓
2016
Annual accounts 2016444,5 k €↑
2015
Annual accounts 2015225,2 k €↓
2014
Annual accounts 2014588,9 k €↑
2013
Annual accounts 2013332,2 k €↑
2012
Annual accounts 2012319,1 k €↓
2011
Annual accounts 2011483,6 k €↑
2010
Annual accounts 2010312,2 k €↑
2009
Annual accounts 2009106,2 k €↓
2008
Annual accounts 2008218,7 k €↓
2007
Annual accounts 2007306,1 k €↑
2006
Annual accounts 2006178,5 k €↑
2003
Annual accounts 200343,8 k €
13/05/1977
IncorporationPrivate 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

COMARDEN

Overview

What does COMARDEN 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