NORMAL SITUATION

COFIMAR

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Financial year 2025 · closed on 11/12/2025

Net result

-53,3 k €

-323.5% YoY

Gross margin

1,1 k €

+318.7% YoY

Equity

138,8 k €

-27.7% YoY

Company — Normal situation.

What does COFIMAR do?

COFIMAR is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0418.745.337

Legal form

Private limited company

Contributed capital

58 800,00 €

Latest accounts

11/12/2025

Joint committees (1)

Signals

Solid equity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,1 k €	+319%	256,6 €	-54.6%	565,5 €	+139%	-1,5 k €	-125%	5,9 k €	-75.2%	23,7 k €	+1552%	-1,6 k €	+40.3%	-2,7 k €	-136%	7,7 k €	-59.1%	18,8 k €	+478%	-5 k €		–		-8,2 k €	-543%	1,8 k €	-39.0%	3 k €	+146%	-6,5 k €	+66.7%	-19,5 k €	-961%	2,3 k €	+8902%	25,2 €	+100%	-12,6 k €
EBITDA	-990,3 €	+78.9%	-4,7 k €	-132%	-2 k €	+5.5%	-2,1 k €	-194%	2,3 k €	-89.6%	22 k €	+943%	-2,6 k €	+40.4%	-4,4 k €	-173%	6 k €	-68.0%	18,8 k €	+375%	-6,9 k €	-9036%	-75 €	+99.1%	-8,2 k €	-1040%	867,2 €	-57.3%	2 k €	+126%	-7,7 k €	+62.8%	-20,7 k €	-1178%	1,9 k €	+207%	-1,8 k €	+87.0%	-13,9 k €
Operating result	-47,1 k €	-903%	-4,7 k €	-132%	-2 k €	+5.5%	-2,1 k €	-194%	2,3 k €	-85.0%	15,2 k €	+682%	-2,6 k €	+40.4%	-4,4 k €	-173%	6 k €	-68.0%	18,8 k €	+375%	-6,9 k €	-4378%	-153 €	+98.2%	-8,4 k €	-1432%	628 €	-64.9%	1,8 k €	+122%	-8 k €	+61.3%	-20,7 k €	-1381%	1,6 k €	+136%	-4,4 k €	+73.7%	-16,8 k €
Net result	-53,3 k €	-324%	-12,6 k €	-184%	-4,4 k €	-27.6%	-3,5 k €	-37.6%	-2,5 k €	-118%	13,8 k €	+325%	-6,1 k €	-8.0%	-5,7 k €	-225%	4,5 k €	-75.1%	18,1 k €	+343%	-7,5 k €	-2209%	-322,9 €	+96.5%	-9,2 k €	-2976%	-299 €	-127%	1,1 k €	+155%	-2 k €	+89.0%	-18,4 k €	-1668%	1,2 k €	+161%	-1,9 k €	+91.3%	-22,2 k €
Balance sheet
Equity	138,8 k €	-27.7%	192,1 k €	+1281%	13,9 k €	-24.1%	18,3 k €	-15.9%	21,8 k €	-10.4%	24,3 k €	+130%	10,6 k €	-36.6%	16,7 k €	-25.3%	22,3 k €	+25.3%	17,8 k €	+6514%	-277,8 €	-104%	7,2 k €	-4.3%	7,5 k €	-55.1%	16,7 k €	-1.8%	17 k €	+7.0%	15,9 k €	-11.3%	17,9 k €	-50.7%	36,3 k €	+3.3%	35,2 k €	-5.2%	37,1 k €
Total assets	160 k €	-28.8%	224,8 k €	+1.5%	221,6 k €	+2.0%	217,3 k €	+667%	28,3 k €	-27.9%	39,3 k €	-55.2%	87,7 k €	+56.2%	56,1 k €	+10.8%	50,7 k €	-22.4%	65,3 k €	+94.7%	33,5 k €	+72.3%	19,5 k €	+45.4%	13,4 k €	-40.2%	22,4 k €	-2.4%	22,9 k €	+2.8%	22,3 k €	-4.8%	23,4 k €	-46.8%	44 k €	+0.6%	43,8 k €	+4.2%	42 k €
Cash	–		38,8 €	+5.2%	36,9 €	-97.9%	1,7 k €	+3957%	43 €	+265%	11,8 €	-98.3%	695,6 €	+54.8%	449,4 €	-0.1%	449,7 €	+28007%	1,6 €	-96.4%	44,8 €	+205%	14,7 €	-97.2%	517,6 €	-70.0%	1,7 k €	+700%	215,4 €	-13.8%	249,9 €	-29.6%	355,1 €	+83.0%	194 €	-78.4%	898,7 €	+5.6%	851,2 €
Debts	21,2 k €	-35.2%	32,8 k €	-84.2%	207,7 k €	+4.4%	199 k €	+2956%	6,5 k €	-56.4%	14,9 k €	-80.6%	76,8 k €	+95.3%	39,3 k €	+38.8%	28,3 k €	-40.3%	47,4 k €	+40.4%	33,8 k €	+175%	12,3 k €	+109%	5,9 k €	+10.5%	5,3 k €	-4.4%	5,6 k €	-13.3%	6,4 k €	+16.4%	5,5 k €	-28.5%	7,7 k €	-10.6%	8,6 k €	+74.8%	4,9 k €

Governance

Board of directors

Seen on filing of 11/12/2025 · 1 active · 6 ended

Active mandates

PAUL MARNEFFE

Director

Active

Ended mandates

PAUL MARNEFFE

Manager · since 21 avril 2011

Ended

José TRINDADE GONCALVES

Manager · since 11 septembre 2001

Ended

José TRINDADE GONCALVES

Manager

Ended

PAUL MARNEFFE

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	11/12/2025	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	03/03/2026	27/05/2025	01/10/2024	26/07/2023	05/05/2022	11/05/2022
General meeting	11/12/2025	05/05/2025	06/05/2024	15/05/2023	02/05/2022	03/05/2021
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

48 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	11/12/2025	11/12/2025	03/03/2026	French	PDF
Micro model	31/12/2024	05/05/2025	27/05/2025	French	PDF
Micro model	31/12/2023	06/05/2024	01/10/2024	French	PDF
Micro model	31/12/2022	15/05/2023	26/07/2023	French	PDF
Micro model	31/12/2021	02/05/2022	05/05/2022	French	PDF
Micro modelCorrection	31/12/2020	03/05/2021	11/05/2022	French	PDF
Micro model	31/12/2020	03/05/2021	29/07/2021	French	PDF
Abridged model	31/12/2019	04/05/2020	05/06/2020	French	PDF
Abridged model	31/12/2018	06/05/2019	09/07/2019	French	PDF
Abridged model	31/12/2017	02/05/2018	21/08/2018	French	PDF
Micro model	31/12/2016	02/05/2017	18/07/2017	French	PDF
Abridged model	31/12/2015	22/05/2016	17/06/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	07/07/2015	French	PDF
Abridged model	31/12/2013	05/05/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	06/05/2013	18/06/2013	French	PDF
Abridged model	31/12/2011	07/05/2012	04/07/2012	French	PDF
Abridged model	31/12/2010	02/05/2011	01/07/2011	French	PDF
Abridged model	31/12/2009	03/05/2010	09/08/2010	French	PDF
Abridged model	31/12/2008	04/05/2009	26/06/2009	French	PDF
Abridged model	31/12/2007	05/05/2008	06/06/2008	French	PDF
Abridged model	31/12/2006	07/05/2007	29/05/2007	French	PDF
Abridged model	31/12/2005	06/02/2006	25/07/2006	French	PDF
Abridged model	31/12/2004	02/05/2005	07/06/2005	French	PDF
Abridged model	31/12/2003	03/05/2004	22/06/2004	French	PDF

View all 48 filings

Estimate

Indicative valuation

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 11/12/2025 · 1 active · 6 ended

Active mandates

PAUL MARNEFFE

Director

Active

Ended mandates

PAUL MARNEFFE

Manager · since 21 avril 2011

Ended

José TRINDADE GONCALVES

Manager · since 11 septembre 2001

Ended

José TRINDADE GONCALVES

Manager

Ended

PAUL MARNEFFE

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution30/12/2025
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, 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 2025-53,3 k €↓
2024
Annual accounts 2024-12,6 k €↓
2023
Annual accounts 2023-4,4 k €↓
2022
Annual accounts 2022-3,5 k €↓
2022
Name changeCOFIMAR
2021
Annual accounts 2021-2,5 k €↓
2020
Annual accounts 202013,8 k €↑
2020
Name changeCOGESMAR
2019
Annual accounts 2019-6,1 k €↓
2018
Annual accounts 2018-5,7 k €↓
2017
Annual accounts 20174,5 k €↓
2016
Annual accounts 201618,1 k €↑
2015
Annual accounts 2015-7,5 k €↓
2014
Annual accounts 2014-322,9 €↑
2013
Annual accounts 2013-9,2 k €↓
2012
Annual accounts 2012-299 €↓
2011
Annual accounts 20111,1 k €↑
2010
Annual accounts 2010-2 k €↑
2009
Annual accounts 2009-18,4 k €↓
2008
Annual accounts 20081,2 k €↑
2007
Annual accounts 2007-1,9 k €↑
2006
Annual accounts 2006-22,2 k €

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

COFIMAR

Overview

What does COFIMAR do?

Trend over 20 financial years

Board of directors

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