ACTIVE

COFISA

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Financial year 2025 · closed on 31/12/2025

Net result

1,2 M €

-91.2% YoY

Equity

74,6 M €

-2.0% YoY

What does COFISA do?

COFISA is a Public limited company incorporated in 1984. Its main activity is: Other credit granting. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0425.547.017

Incorporation

26/01/1984

Legal form

Public limited company

Registered office

Plantin en Moretuslei 1A
2018 Antwerpen · FlandreSee on map

Contributed capital

1 735 254,67 €

Latest accounts

31/12/2025

Activities (NACE)

64922Other credit granting· main 64922Other credit granting

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
EBITDA	-57,3 k €	+66.7%	-172,2 k €	-90.1%	-90,6 k €	+99.0%	-8,9 M €	-9570%	-92,1 k €	-2.1%	-90,3 k €	-0.7%	-89,6 k €	-52.0%	-59 k €	+33.6%	-88,9 k €	+34.8%	-136,2 k €	-3.0%	-132,3 k €	-21.2%	-109,2 k €	+62.0%	-287,2 k €	-353%	-63,3 k €	-583%	-9,3 k €	-122%	-4,2 k €	-2.4%	-4,1 k €	-6.5%	-3,8 k €	-0.1%	-3,8 k €
Operating result	-57,3 k €	+66.7%	-172,2 k €	-90.1%	-90,6 k €	+99.0%	-8,9 M €	-9570%	-92,1 k €	-2.1%	-90,3 k €	-0.7%	-89,6 k €	-52.0%	-59 k €	+33.6%	-88,9 k €	+34.8%	-136,2 k €	-3.0%	-132,3 k €	-21.2%	-109,2 k €	+62.0%	-287,2 k €	-353%	-63,3 k €	-583%	-9,3 k €	-122%	-4,2 k €	-2.4%	-4,1 k €	-6.5%	-3,8 k €	-0.1%	-3,8 k €
Net result	1,2 M €	-91.2%	13,8 M €	+769%	1,6 M €	+58.3%	999,8 k €	-11.4%	1,1 M €	-96.5%	32,4 M €	+1224%	2,5 M €	+404%	485,8 k €	+698%	-81,2 k €	-102%	3,8 M €	+1112%	314,1 k €	-85.0%	2,1 M €	-55.1%	4,7 M €	+230%	1,4 M €	-43.2%	2,5 M €	+13.7%	2,2 M €	+51933%	4,2 k €	-94.5%	76,4 k €	+3.2%	74 k €
Balance sheet
Equity	74,6 M €	-2.0%	76,1 M €	+0.0%	76,1 M €	-1.3%	77,1 M €	+0.2%	76,9 M €	+1.5%	75,8 M €	+69.9%	44,6 M €	-34.5%	68,2 M €	+0.7%	67,7 M €	-0.1%	67,8 M €	+6.0%	64 M €	+0.5%	63,6 M €	+2.7%	61,9 M €	+2.0%	60,7 M €	-0.5%	61 M €	+0.9%	60,5 M €	0.0%	60,5 M €	-3.5%	62,7 M €	-3.1%	64,7 M €
Total assets	77,3 M €	-14.0%	89,9 M €	+14.3%	78,7 M €	+0.7%	78,1 M €	+1.5%	77 M €	-0.2%	77,1 M €	+1.8%	75,7 M €	+0.7%	75,2 M €	+0.5%	74,8 M €	+0.4%	74,6 M €	+16.5%	64 M €	-5.2%	67,5 M €	+3.2%	65,4 M €	+4.8%	62,4 M €	-0.8%	63 M €	+0.5%	62,7 M €	-0.0%	62,7 M €	-3.2%	64,8 M €	+0.1%	64,7 M €
Cash	94,5 €	-27.3%	130 €	-11.2%	146,4 €	-36.3%	230 €	-26.8%	314,2 €	-40.2%	525,4 €	-26.7%	716,5 €	+18.1%	606,9 €	+21.2%	500,6 €	+93.4%	258,9 €		–		15,6 €		–		–		–		–		–		–		–
Debts	2,7 M €	-80.5%	13,8 M €	+430%	2,6 M €	+147%	1,1 M €	+2943%	34,7 k €	-97.3%	1,3 M €	-95.8%	31,1 M €	+341%	7,1 M €	-1.1%	7,1 M €	+5.4%	6,8 M €	+46251%	14,6 k €	-99.6%	3,9 M €	+11.3%	3,5 M €	+104%	1,7 M €	-12.8%	2 M €	-11.2%	2,2 M €	-0.7%	2,2 M €	+5.3%	2,1 M €		–

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 42 ended

Active mandates

Laurent Mouthuy

Director · since 15 avril 2026 · until 25 mai 2032

Active

Hilde Wampers

Director · since 28 mai 2024 · until 26 mai 2026

Active

Lidia Tello

Director · since 31 mars 2023 · until 26 mai 2026

Active

Ended mandates

Frédéric Deslypere

Director · since 31 mars 2023 · until 19 mai 2026

Ended

Frédéric Deslypere

Director · since 31 mars 2023 · until 26 mai 2026

Ended

Lidia Tello

Director · since 31 mars 2023 · until 19 mai 2026

Ended

Benny Loix

Director · since 07 mars 2023 · until 26 mai 2026

Ended

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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	28/05/2026	25/06/2025	20/06/2024	05/06/2023	15/06/2022	31/05/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	16/05/2023	17/05/2022	18/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/05/2026	28/05/2026	Dutch	PDF
Full model	31/12/2024	27/05/2025	25/06/2025	Dutch	PDF
Full model	31/12/2023	28/05/2024	20/06/2024	Dutch	PDF
Full model	31/12/2022	16/05/2023	05/06/2023	Dutch	PDF
Full model	31/12/2021	17/05/2022	15/06/2022	Dutch	PDF
Full model	31/12/2020	18/05/2021	31/05/2021	Dutch	PDF
Full model	31/12/2019	19/05/2020	16/06/2020	Dutch	PDF
Full model	31/12/2018	21/05/2019	12/06/2019	Dutch	PDF
Full model	31/12/2017	15/05/2018	05/06/2018	Dutch	PDF
Full model	31/12/2016	16/05/2017	31/05/2017	Dutch	PDF
Full model	31/12/2015	21/06/2016	11/07/2016	Dutch	PDF
Full model	31/12/2014	16/06/2015	06/07/2015	Dutch	PDF
Full model	31/12/2013	24/06/2014	15/07/2014	Dutch	PDF
Full model	31/12/2012	21/05/2013	07/06/2013	Dutch	PDF
Full model	31/12/2011	15/05/2012	31/05/2012	Dutch	PDF
Full model	31/12/2010	17/05/2011	08/06/2011	Dutch	PDF
Full model	31/12/2009	18/05/2010	10/06/2010	Dutch	PDF
Full model	31/12/2008	19/05/2009	10/06/2009	Dutch	PDF
Full model	31/12/2007	20/05/2008	27/05/2008	Dutch	PDF
Full model	31/12/2006	15/05/2007	22/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 42 ended

Active mandates

Laurent Mouthuy

Director · since 15 avril 2026 · until 25 mai 2032

Active

Hilde Wampers

Director · since 28 mai 2024 · until 26 mai 2026

Active

Lidia Tello

Director · since 31 mars 2023 · until 26 mai 2026

Active

Ended mandates

Frédéric Deslypere

Director · since 31 mars 2023 · until 19 mai 2026

Ended

Frédéric Deslypere

Director · since 31 mars 2023 · until 26 mai 2026

Ended

Lidia Tello

Director · since 31 mars 2023 · until 19 mai 2026

Ended

Benny Loix

Director · since 07 mars 2023 · until 26 mai 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other01/07/2026
—
PDF
Mandates12/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates08/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2021
ONTSLAGEN - BENOEMINGEN
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

15/04/2026
nominationLaurent Mouthuy — bestuurder
2025
Annual accounts 20251,2 M €↓
27/05/2025
reconductionEY Bedrijfsrevisoren BV — commissaris
2024
Annual accounts 202413,8 M €↑
28/05/2024
nominationHilde Wampers — bestuurder
2023
Annual accounts 20231,6 M €↑
31/03/2023
nominationLidia Tello — bestuurder
31/03/2023
nominationFrédéric Deslypere — bestuurder
2022
Annual accounts 2022999,8 k €↓
17/05/2022
reconductionChristoph Oris — commissaris
2021
Annual accounts 20211,1 M €↓
2020
Annual accounts 202032,4 M €↑
2019
Annual accounts 20192,5 M €↑
2018
Annual accounts 2018485,8 k €↑
2017
Annual accounts 2017-81,2 k €↓
2016
Annual accounts 20163,8 M €↑
2015
Annual accounts 2015314,1 k €↓
2014
Annual accounts 20142,1 M €↓
2013
Annual accounts 20134,7 M €↑
2012
Annual accounts 20121,4 M €↓
2011
Annual accounts 20112,5 M €↑
2010
Annual accounts 20102,2 M €↑
2009
Annual accounts 20094,2 k €↓
2008
Annual accounts 200876,4 k €↑
2007
Annual accounts 200774 k €
26/01/1984
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

COFISA

Overview

What does COFISA 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