ACTIVE

Couvimo

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Financial year 2025 · closed on 31/12/2025

Net result

302,8 k €

+430.9% YoY

Revenue

427,4 k €

+3.4% YoY

Equity

2,6 M €

+12.9% YoY

Workforce

4,3 ETP

+43.3% YoY

What does Couvimo do?

Couvimo is a Public limited company incorporated in 1977. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Couvin. It employs on average 4,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0417.673.387

Incorporation

14/06/1977

Legal form

Public limited company

Registered office

Rue de la Gare 20
5660 Couvin · WallonieSee on map

Contributed capital

1 382 589,11 €

Latest accounts

31/12/2025

Average workforce

4,3 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	427,4 k €	+3.4%	413,3 k €		–		–		–		–		–		314,3 k €	+10.1%	285,6 k €	-5.0%	300,7 k €	+2.4%	293,6 k €	+15.9%	253,2 k €		–		–		–		–
EBITDA	587,4 k €	+1598%	34,6 k €	-88.2%	292,5 k €	+111%	138,3 k €	-16.9%	166,5 k €	+178%	59,8 k €	-71.0%	206,3 k €	+7.7%	191,6 k €	-2.5%	196,6 k €	-16.1%	234,3 k €	+43.7%	163,1 k €	+57.7%	103,4 k €	+39.0%	74,4 k €	-26.8%	101,6 k €	+200%	33,9 k €	+97.9%	17,1 k €
Operating result	439,7 k €	+461%	-121,9 k €	-168%	178,1 k €	+1348%	12,3 k €	-62.5%	32,8 k €	+172%	-45,5 k €	-142%	108,6 k €	+31.3%	82,7 k €	-13.4%	95,5 k €	-31.3%	139,1 k €	+111%	66 k €	+253%	18,7 k €	+390%	3,8 k €	-87.2%	29,8 k €	+181%	-36,5 k €	+24.0%	-48,1 k €
Net result	302,8 k €	+431%	-91,5 k €	-171%	128 k €	+2022%	6 k €	-71.9%	21,5 k €	+151%	-42,2 k €	-155%	77,3 k €	+10.9%	69,7 k €	+21.7%	57,3 k €	-53.5%	123,2 k €	+80.1%	68,4 k €	+475%	11,9 k €	-76.3%	50,1 k €	+20.1%	41,8 k €	+299%	-21 k €	-154%	38,6 k €
Balance sheet
Equity	2,6 M €	+12.9%	2,3 M €	-3.8%	2,4 M €	+5.5%	2,3 M €	+0.3%	2,3 M €	+4.8%	2,2 M €	-1.7%	2,2 M €	-1.1%	2,3 M €	+3.2%	2,2 M €	+16.3%	1,9 M €	+7.0%	1,8 M €	+4.0%	1,7 M €	+55.9%	1,1 M €	+4.8%	1 M €	+4.2%	993,3 k €	-2.1%	1 M €
Total assets	3,2 M €	+11.7%	2,9 M €	-5.2%	3,1 M €	-3.2%	3,2 M €	-5.7%	3,4 M €	-6.4%	3,6 M €	+25.6%	2,9 M €	+0.8%	2,8 M €	+2.6%	2,8 M €	+12.9%	2,4 M €	+5.8%	2,3 M €	+5.1%	2,2 M €	+36.5%	1,6 M €	+9.8%	1,5 M €	+10.2%	1,3 M €	-2.4%	1,4 M €
Cash	433,3 k €	+335%	99,5 k €	-47.9%	191 k €	+424%	36,5 k €	+36.3%	26,8 k €	+79.6%	14,9 k €	-24.3%	19,7 k €	+1096%	1,6 k €	-78.6%	7,7 k €	-49.3%	15,2 k €	-49.6%	30,1 k €	+98.0%	15,2 k €	+493%	2,6 k €	-90.8%	28 k €	+3909%	698,9 €		–
Debts	426,6 k €	-19.2%	527,9 k €	-7.9%	573,2 k €	-31.7%	839,7 k €	-18.8%	1 M €	-24.2%	1,4 M €	+131%	590,3 k €	+6.2%	555,9 k €	+0.5%	552,8 k €	+1.9%	542,4 k €	+7.9%	502,8 k €	+4.1%	482,9 k €	-3.6%	501,1 k €	+18.9%	421,6 k €	+29.3%	326,1 k €	-3.2%	336,8 k €
Other
Workforce	4,3 ETP	+43.3%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+50.0%	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 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 · 3 active · 18 ended

Active mandates

Fanny Lauvaux

Managing director · since 08 mars 2023 · until 08 mars 2029

Active

Frédéric Adant

Managing director · since 08 mars 2023 · until 08 mars 2029

Active

Maurice Adant

Managing director · since 08 mars 2023 · until 08 mars 2029

Active

Ended mandates

Fanny Lauvaux

Managing director · since 08 mars 2017 · until 08 mars 2023

Ended

Frédéric Adant

Managing director · since 08 mars 2017 · until 08 mars 2023

Ended

Maurice Adant

Managing director · since 08 mars 2017 · until 08 mars 2023

Ended

Fanny Lauvaux

Managing director · since 08 mars 2011 · until 16 juin 2017

Ended

At this address

Other companies at this address

Company	CBE no.
BRASSERIE DES FAGNES● Active	0460.748.812
COUVIGEST● Active	0456.845.749
FAGNES BEERS● Active	0776.702.655
FAGNES DEVELOPPEMENT● Active	0771.679.639
FAGNES UNITE TVA● Active	0732.815.402
FINANCIERE COUVIGEST● Active	0436.159.609

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	13/08/2026	08/08/2025	15/07/2024	27/07/2023	19/07/2022	20/07/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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
Full model	31/12/2025	12/06/2026	13/08/2026	French	PDF
Full model	31/12/2024	13/06/2025	08/08/2025	French	PDF
Full model	31/12/2023	14/06/2024	15/07/2024	French	PDF
Full model	31/12/2022	09/06/2023	27/07/2023	French	PDF
Full model	31/12/2021	10/06/2022	19/07/2022	French	PDF
Full model	31/12/2020	11/06/2021	20/07/2021	French	PDF
Full model	31/12/2019	12/06/2020	31/08/2020	French	PDF
Full model	31/12/2018	14/06/2019	16/07/2019	French	PDF
Full model	31/12/2017	08/06/2018	27/08/2018	French	PDF
Full model	31/12/2016	09/06/2017	12/07/2017	French	PDF
Full model	31/12/2015	10/06/2016	01/07/2016	French	PDF
Full model	31/12/2014	12/06/2015	13/07/2015	French	PDF
Full model	31/12/2013	30/06/2014	29/07/2014	French	PDF
Full model	31/12/2012	21/06/2013	19/07/2013	French	PDF
Full model	31/12/2011	30/06/2012	27/07/2012	French	PDF
Full model	31/12/2010	30/06/2011	29/07/2011	French	PDF
Abridged model	31/12/2009	11/06/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	12/06/2009	25/08/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	26/08/2008	French	PDF
Abridged model	31/12/2006	09/06/2007	17/08/2007	French	PDF

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 · 3 active · 18 ended

Active mandates

Fanny Lauvaux

Managing director · since 08 mars 2023 · until 08 mars 2029

Active

Frédéric Adant

Managing director · since 08 mars 2023 · until 08 mars 2029

Active

Maurice Adant

Managing director · since 08 mars 2023 · until 08 mars 2029

Active

Ended mandates

Fanny Lauvaux

Managing director · since 08 mars 2017 · until 08 mars 2023

Ended

Frédéric Adant

Managing director · since 08 mars 2017 · until 08 mars 2023

Ended

Maurice Adant

Managing director · since 08 mars 2017 · until 08 mars 2023

Ended

Fanny Lauvaux

Managing director · since 08 mars 2011 · until 16 juin 2017

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/05/2023
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Capital / shares11/01/2018
CAPITAL, ACTIONS
PDF
Mandates14/06/2017
DEMISSIONS, NOMINATIONS
PDF
Restructuring01/09/2016
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring08/01/2016
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring17/11/2014
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Capital / shares14/11/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Restructuring09/09/2014
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
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 2025302,8 k €↑
2024
Annual accounts 2024-91,5 k €↓
2023
Annual accounts 2023128 k €↑
2022
Annual accounts 20226 k €↓
2021
Annual accounts 202121,5 k €↑
2018
Annual accounts 2018-42,2 k €↓
2017
Annual accounts 201777,3 k €↑
2015
Annual accounts 201569,7 k €↑
2014
Annual accounts 201457,3 k €↓
2013
Annual accounts 2013123,2 k €↑
2012
Annual accounts 201268,4 k €↑
2011
Annual accounts 201111,9 k €↓
2010
Annual accounts 201050,1 k €↑
2009
Annual accounts 200941,8 k €↑
2008
Annual accounts 2008-21 k €↓
2007
Annual accounts 200738,6 k €
14/06/1977
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

Couvimo

Overview

What does Couvimo do?

Trend over 16 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