COSEAS
0421.598.424 · rovalta.com · 22/09/2026
ACTIVE
COSEAS
Financial year 2025 · closed on 31/12/2025
Net result
36,2 k €
-60.5% YoY
Gross margin
145,3 k €
-29.4% YoY
Equity
230,7 k €
-18.9% YoY
Overview
What does COSEAS do?
COSEAS is a Private limited company incorporated in 1981. Its main activity is: Sewerage. Its registered office is in Incourt.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0421.598.424
Incorporation
25/05/1981
Legal form
Private limited company
Registered office
Rue de l' Eglise 21
1315 Incourt · WallonieSee on map
1315 Incourt · WallonieSee on map
Contributed capital
6 197,34 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (1)
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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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 | 145,3 k € | -29.4% | 205,9 k € | +153% | 81,5 k € | -14.3% | 95,1 k € | -14.1% | 110,7 k € | -4.2% | 115,6 k € | -35.4% | 179 k € | +61.7% | 110,7 k € | -21.4% | 140,7 k € | -4.4% | 147,2 k € | +30.6% | 112,7 k € | -9.3% | 124,3 k € | +78.5% | 69,6 k € | +19.0% | 58,5 k € | +134% | 25 k € | +2.5% | 24,4 k € | -30.8% | 35,2 k € | +12.6% | 31,3 k € | +57.1% | 19,9 k € | -31.8% | 29,2 k € |
| EBITDA | 85,4 k € | -37.9% | 137,5 k € | +495% | 23,1 k € | -28.6% | 32,3 k € | -34.1% | 49,1 k € | -39.0% | 80,6 k € | -45.4% | 147,7 k € | +631% | 20,2 k € | -73.3% | 75,6 k € | -36.3% | 118,7 k € | +30.8% | 90,7 k € | -10.8% | 101,7 k € | +61.6% | 62,9 k € | +7.6% | 58,5 k € | +134% | 25 k € | +2.5% | 24,4 k € | +22.5% | 19,9 k € | +8.2% | 18,4 k € | +115% | 8,6 k € | -49.4% | 16,9 k € |
| Operating result | 55,7 k € | -51.3% | 114,3 k € | +467% | -31,2 k € | -45.6% | -21,4 k € | -443% | -3,9 k € | -109% | 45 k € | -62.9% | 121,4 k € | +582% | -25,2 k € | -243% | 17,6 k € | -76.1% | 73,6 k € | +77.1% | 41,6 k € | -27.1% | 57,1 k € | +2.9% | 55,4 k € | +33.4% | 41,5 k € | +337% | 9,5 k € | +2.4% | 9,3 k € | +65.7% | 5,6 k € | -60.2% | 14,1 k € | +409% | -4,6 k € | -168% | 6,7 k € |
| Net result | 36,2 k € | -60.5% | 91,6 k € | +394% | -31,2 k € | -32.2% | -23,6 k € | -156% | -9,2 k € | -131% | 29,2 k € | -66.8% | 88,1 k € | +376% | -31,9 k € | -1459% | 2,3 k € | -94.5% | 42,6 k € | +114% | 19,9 k € | -42.1% | 34,4 k € | -1.6% | 34,9 k € | +63.4% | 21,4 k € | +1232% | 1,6 k € | +51.0% | 1,1 k € | +257% | -675 € | -110% | 7,1 k € | +194% | -7,5 k € | -550% | 1,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 230,7 k € | -18.9% | 284,4 k € | +47.5% | 192,8 k € | -13.9% | 224 k € | -9.5% | 247,6 k € | -3.6% | 256,8 k € | +12.9% | 227,5 k € | +63.2% | 139,4 k € | -18.6% | 171,3 k € | +1.4% | 169 k € | +33.7% | 126,4 k € | +18.7% | 106,5 k € | +47.7% | 72,1 k € | +93.9% | 37,2 k € | +135% | 15,8 k € | +11.3% | 14,2 k € | +8.1% | 13,2 k € | -4.9% | 13,8 k € | +106% | 6,7 k € | -52.8% | 14,3 k € |
| Total assets | 354,9 k € | -10.2% | 395,3 k € | +17.8% | 335,6 k € | -23.3% | 437,5 k € | -12.4% | 499,6 k € | -14.5% | 584 k € | +16.7% | 500,5 k € | +3.8% | 482,3 k € | -13.5% | 557,5 k € | +24.5% | 447,8 k € | -4.4% | 468,5 k € | +9.9% | 426,3 k € | +264% | 117 k € | +24.9% | 93,7 k € | +8.0% | 86,8 k € | +31.0% | 66,3 k € | -5.5% | 70,1 k € | +104% | 34,4 k € | +8.7% | 31,6 k € | -9.4% | 34,9 k € |
| Cash | 178,5 k € | +18.5% | 150,6 k € | +243% | 44 k € | +5.7% | 41,6 k € | -40.1% | 69,4 k € | -24.2% | 91,6 k € | +27.0% | 72,1 k € | +26.7% | 56,9 k € | +6.9% | 53,3 k € | +47.8% | 36 k € | +46.6% | 24,6 k € | +46.6% | 16,8 k € | -7.1% | 18 k € | +147% | 7,3 k € | -70.5% | 24,8 k € | +213% | 7,9 k € | -64.5% | 22,3 k € | +550% | 3,4 k € | +146% | 1,4 k € | -79.8% | 6,9 k € |
| Debts | 124,1 k € | +11.9% | 110,9 k € | -22.4% | 142,8 k € | -33.1% | 213,5 k € | -15.3% | 252 k € | -23.0% | 327,2 k € | +19.9% | 273 k € | -20.4% | 342,9 k € | -11.2% | 386,2 k € | +38.5% | 278,8 k € | -18.5% | 342,1 k € | +7.0% | 319,8 k € | +612% | 44,9 k € | -20.5% | 56,5 k € | -20.4% | 71 k € | +36.4% | 52 k € | -8.6% | 56,9 k € | +177% | 20,5 k € | -17.4% | 24,9 k € | +20.6% | 20,6 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | 1,0 ETP | -33.3% | 1,5 ETP | – | – | 1,2 ETP | 0.0% | 1,2 ETP | – | – | – | – | – | – | – | – | – | 0,5 ETP | 0.0% | 0,5 ETP | ||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 3 ended
Active mandates
Julie SOREL
ActiveBenoît SOREL
ActiveEnded mandates
Julie SOREL
EndedBenoît SOREL
EndedBenoit Sorel
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro 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 | 01/07/2026 | 08/08/2025 | 07/08/2024 | 23/06/2023 | 24/05/2022 | 25/05/2021 |
| General meeting | 06/05/2026 | 07/05/2025 | 02/05/2024 | 30/05/2023 | 04/05/2022 | 25/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 06/05/2026 | 01/07/2026 | French | |
| Micro model | 31/12/2024 | 07/05/2025 | 08/08/2025 | French | |
| Micro model | 31/12/2023 | 02/05/2024 | 07/08/2024 | French | |
| Abridged model | 31/12/2022 | 30/05/2023 | 23/06/2023 | French | |
| Abridged model | 31/12/2021 | 04/05/2022 | 24/05/2022 | French | |
| Abridged model | 31/12/2020 | 25/05/2021 | 25/05/2021 | French | |
| Abridged model | 31/12/2019 | 08/06/2020 | 09/06/2020 | French | |
| Abridged model | 31/12/2018 | 27/05/2019 | 04/06/2019 | French | |
| Abridged model | 31/12/2017 | 28/05/2018 | 29/05/2018 | French | |
| Abridged model | 31/12/2016 | 02/06/2017 | 06/06/2017 | French | |
| Abridged model | 31/12/2015 | 31/05/2016 | 14/09/2016 | French | |
| Abridged model | 31/12/2014 | 01/06/2015 | 02/06/2015 | French | |
| Abridged model | 31/12/2013 | 14/05/2014 | 15/05/2014 | French | |
| Abridged model | 31/12/2012 | 05/06/2013 | 11/06/2013 | French | |
| Abridged model | 31/12/2011 | 07/05/2012 | 09/05/2012 | French | |
| Abridged model | 31/12/2010 | 25/05/2011 | 26/05/2011 | French | |
| Abridged model | 31/12/2009 | 16/04/2010 | 29/04/2010 | French | |
| Abridged model | 31/12/2008 | 20/05/2009 | 02/06/2009 | French | |
| Abridged model | 31/12/2007 | 28/05/2008 | 03/06/2008 | French | |
| Abridged model | 31/12/2006 | 23/05/2007 | 12/06/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 3 ended
Active mandates
Julie SOREL
ActiveBenoît SOREL
ActiveEnded mandates
Julie SOREL
EndedBenoît SOREL
EndedBenoit Sorel
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202536,2 k €↓
- 2024Annual accounts 202491,6 k €↑
- 2023Annual accounts 2023-31,2 k €↓
- 2022Annual accounts 2022-23,6 k €↓
- 2021Annual accounts 2021-9,2 k €↓
- 2020Annual accounts 202029,2 k €↓
- 2019Annual accounts 201988,1 k €↑
- 2018Annual accounts 2018-31,9 k €↓
- 2017Annual accounts 20172,3 k €↓
- 2016Annual accounts 201642,6 k €↑
- 2015Annual accounts 201519,9 k €↓
- 2014Annual accounts 201434,4 k €↓
- 2013Annual accounts 201334,9 k €↑
- 2012Annual accounts 201221,4 k €↑
- 2011Annual accounts 20111,6 k €↑
- 2010Annual accounts 20101,1 k €↑
- 2009Annual accounts 2009-675 €↓
- 2008Annual accounts 20087,1 k €↑
- 2007Annual accounts 2007-7,5 k €↓
- 2006Annual accounts 20061,7 k €
- 25/05/1981IncorporationPrivate limited company