ACTIVE

COFABEL

Financial year 2025 · closed on 31/12/2025
Net result
-4,6 M €
+5.2% YoY
Revenue
38,9 M €
-0.3% YoY
Equity
1,6 M €
+189.9% YoY
Workforce
69,6 ETP
+10.1% YoY

What does COFABEL do?

COFABEL is a Private limited company incorporated in 1983. Its registered office is in Kruisem. It employs on average 69,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0424.852.080
Incorporation
22/09/1983
Legal form
Private limited company
Registered office
Olsensesteenweg(KRU) 67A
9770 Kruisem · FlandreSee on map
Contributed capital
11 136 275,56 €
Latest accounts
31/12/2025
Average workforce
69,6 ETP
Joint committees (5)
  • 111
  • 14904
  • 200
  • 209
  • 218
Signals
Healthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue38,9 M €39 M €10,6 M €6,9 M €2,9 M €2,1 M €
EBITDA-3,3 M €-3,1 M €-1,3 M €-851 k €-361,1 k €183,6 k €317,9 k €290,4 k €177,1 k €85,3 k €128,5 k €179,4 k €184,7 k €231,5 k €262,5 k €171,4 k €143 k €154,8 k €187,1 k €145,7 k €
Operating result-3,9 M €-4,1 M €-1,6 M €-1,1 M €-407,2 k €64,1 k €175 k €216,1 k €130,1 k €36,4 k €74,8 k €107,6 k €123,4 k €149,3 k €168,5 k €134,6 k €86,3 k €67,1 k €101,4 k €73 k €
Net result-4,6 M €-4,9 M €-2 M €-1,1 M €-414,8 k €48,6 k €128,3 k €145,4 k €80,2 k €14,3 k €42,7 k €74,7 k €94,8 k €108 k €121,1 k €100,3 k €60,1 k €53,4 k €92,9 k €48 k €
Balance sheet
Equity1,6 M €-1,8 M €3,1 M €101,6 k €1,2 M €1,7 M €1,6 M €1,5 M €1,4 M €1,3 M €1,3 M €1,2 M €1,2 M €1,1 M €957,5 k €856,4 k €776,1 k €716 k €662,6 k €569,7 k €
Total assets30,5 M €25,6 M €15,4 M €9,8 M €4,4 M €2 M €2,2 M €2 M €1,9 M €1,9 M €1,9 M €2 M €1,7 M €1,8 M €2 M €1,5 M €1,3 M €1,5 M €1,4 M €1,1 M €
Cash352,3 k €12,2 k €9,1 k €801,8 k €150,2 k €555,9 k €780,1 k €506,8 k €379,9 k €375,4 k €126,5 k €289,4 k €242,4 k €231,7 k €324 k €164,1 k €151,2 k €174,1 k €211,9 k €176,2 k €
Debts28,7 M €27,3 M €12,2 M €9,7 M €3,2 M €389 k €580,6 k €517,9 k €486,3 k €556 k €573,8 k €737 k €545 k €674,7 k €1,1 M €679,1 k €474,8 k €793,2 k €705,8 k €496,6 k €
Other
Workforce69,6 ETP63,2 ETP45,8 ETP18,3 ETP12,8 ETP4,9 ETP3,9 ETP3,9 ETP3,1 ETP3,8 ETP4,0 ETP4,0 ETP4,0 ETP5,0 ETP5,2 ETP4,5 ETP5,0 ETP4,8 ETP4,0 ETP3,9 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 · 6 ended

Active mandates

Arvesta Belgium

Director · since 21 mai 2025 · until 31 mars 2026 · 0734.562.390

Represented by Paul Deleu

Active
AGRI INVEST

Director · since 15 mai 2024 · until 17 mai 2028 · 0817.283.396

Represented by Kris Moerman

Active
Luc Sterckx

Director · since 15 mai 2024 · until 17 mai 2028

Active

Ended mandates

Arvesta Belgium

Director · since 20 mai 2021 · until 21 mai 2025 · 0734.562.390

Represented by Paul Deleu

Ended
FRESA INVEST

Director · since 17 septembre 2020 · until 15 mai 2024 · 0741.571.136

Represented by Niek Depoorter

Ended
FRESA INVEST

Director · since 17 septembre 2020 · until 15 mai 2024 · 0741.571.136

Represented by Niek Depoorter

Ended
Luc Sterckx

Director · since 17 septembre 2020 · until 15 mai 2024

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/05/202611/07/202514/06/202406/06/202310/06/202224/08/2021
General meeting20/05/202621/05/202515/05/202417/05/202318/05/202219/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202520/05/202622/05/2026DutchPDF
Full modelCorrection31/12/202421/05/202511/07/2025DutchPDF
Full model31/12/202421/05/202502/06/2025DutchPDF
Full model31/12/202315/05/202414/06/2024DutchPDF
Full model31/12/202217/05/202306/06/2023DutchPDF
Full model31/12/202118/05/202210/06/2022DutchPDF
Full model31/12/202019/05/202124/08/2021DutchPDF
Abridged model31/12/201926/08/202030/08/2020DutchPDF
Abridged model31/12/201815/05/201930/08/2019DutchPDF
Abridged model31/12/201716/05/201830/08/2018DutchPDF
Abridged model31/12/201617/05/201731/08/2017DutchPDF
Abridged model31/12/201518/05/201631/08/2016DutchPDF
Abridged model31/12/201420/05/201528/08/2015DutchPDF
Abridged model31/12/201321/05/201428/08/2014DutchPDF
Abridged model31/12/201215/05/201328/08/2013DutchPDF
Abridged model31/12/201116/05/201231/08/2012DutchPDF
Abridged model31/12/201018/05/201119/07/2011DutchPDF
Abridged model31/12/200919/05/201024/08/2010DutchPDF
Abridged model31/12/200820/05/200914/07/2009DutchPDF
Abridged model31/12/200721/05/200821/08/2008DutchPDF
Abridged model31/12/200616/05/200716/08/2007DutchPDF
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 · 6 ended

Active mandates

Arvesta Belgium

Director · since 21 mai 2025 · until 31 mars 2026 · 0734.562.390

Represented by Paul Deleu

Active
AGRI INVEST

Director · since 15 mai 2024 · until 17 mai 2028 · 0817.283.396

Represented by Kris Moerman

Active
Luc Sterckx

Director · since 15 mai 2024 · until 17 mai 2028

Active

Ended mandates

Arvesta Belgium

Director · since 20 mai 2021 · until 21 mai 2025 · 0734.562.390

Represented by Paul Deleu

Ended
FRESA INVEST

Director · since 17 septembre 2020 · until 15 mai 2024 · 0741.571.136

Represented by Niek Depoorter

Ended
FRESA INVEST

Director · since 17 septembre 2020 · until 15 mai 2024 · 0741.571.136

Represented by Niek Depoorter

Ended
Luc Sterckx

Director · since 17 septembre 2020 · until 15 mai 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other29/06/2026
    PDF
  • Mandates22/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/07/2025
    DIVERSEN
    PDF
  • Mandates19/07/2024
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring24/01/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates24/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring13/11/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring13/11/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025-4,6 M €
  2. 2024
    Annual accounts 2024-4,9 M €
  3. 2023
    Annual accounts 2023-2 M €
  4. 2022
    Annual accounts 2022-1,1 M €
  5. 2021
    Annual accounts 2021-414,8 k €
  6. 2020
    Annual accounts 202048,6 k €
  7. 2019
    Annual accounts 2019128,3 k €
  8. 2018
    Annual accounts 2018145,4 k €
  9. 2017
    Annual accounts 201780,2 k €
  10. 2016
    Annual accounts 201614,3 k €
  11. 2015
    Annual accounts 201542,7 k €
  12. 2014
    Annual accounts 201474,7 k €
  13. 2013
    Annual accounts 201394,8 k €
  14. 2012
    Annual accounts 2012108 k €
  15. 2011
    Annual accounts 2011121,1 k €
  16. 2010
    Annual accounts 2010100,3 k €
  17. 2009
    Annual accounts 200960,1 k €
  18. 2008
    Annual accounts 200853,4 k €
  19. 2007
    Annual accounts 200792,9 k €
  20. 2006
    Annual accounts 200648 k €
  21. 22/09/1983
    IncorporationPrivate limited company