ACTIVE

ETABLISSEMENTEN COENEN

Financial year 2025 · closed on 31/12/2025
Net result
232,6 k €
+12.9% YoY
Gross margin
535,7 k €
+3.4% YoY
Equity
1,2 M €
-8.4% YoY

What does ETABLISSEMENTEN COENEN do?

ETABLISSEMENTEN COENEN is a Public limited company incorporated in 1984. Its main activity is: Real estate agencies. Its registered office is in Tienen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0426.159.602
Incorporation
17/08/1984
Legal form
Public limited company
Registered office
Sint-Barbarastraat(KMT) 137
3300 Tienen · FlandreSee on map
Contributed capital
381 300,08 €
Latest accounts
31/12/2025
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202018201720162015201420132012201120102009200820072006
Income statement
Gross margin535,7 k €518,3 k €430,1 k €348 k €293,4 k €272,9 k €210 k €-39,4 k €86,3 k €192,9 k €380,3 k €684,8 k €950,3 k €1,2 M €365 k €352,5 k €86,8 k €44,4 k €208,4 k €
EBITDA470,8 k €455,4 k €366,8 k €294,1 k €241,4 k €203,9 k €75,2 k €-161,7 k €-83,4 k €-70,5 k €178,8 k €387 k €551,9 k €893,2 k €116,6 k €497,1 k €27,3 k €14,9 k €-55,6 k €
Operating result286,7 k €271,3 k €182,7 k €110 k €57,3 k €31,8 k €-185,1 k €-325,2 k €-246,9 k €-234 k €15,3 k €223,5 k €388,3 k €724,2 k €-57,2 k €322,9 k €-142,4 k €4,7 k €-60,4 k €
Net result232,6 k €206 k €139,3 k €81 k €54,4 k €39,6 k €383,8 k €328,9 k €610 k €1,1 M €1,2 M €1,6 M €1,5 M €1,8 M €12,7 M €1,2 M €1,1 M €1,9 M €24,4 M €
Balance sheet
Equity1,2 M €1,3 M €1,4 M €1,5 M €1,6 M €2,4 M €3,6 M €47,5 M €47,2 M €46,5 M €45,4 M €44,2 M €42,6 M €41,1 M €42,5 M €29,7 M €28,5 M €27,4 M €25,4 M €
Total assets2,2 M €1,9 M €2,1 M €2,6 M €3,8 M €4,5 M €9,7 M €51,6 M €50,4 M €49,4 M €47,7 M €46,1 M €48,6 M €42,7 M €44,9 M €31,9 M €30,8 M €29,2 M €27,9 M €
Cash145,3 k €136,3 k €137,3 k €140,8 k €146,1 k €136,1 k €5,8 M €11,2 M €9,8 M €7,2 M €6,4 M €4,3 M €12,5 M €5,5 M €6,4 M €3,8 M €3,2 M €3,6 M €4,3 k €
Debts385,1 k €94,5 k €132,3 k €31,4 k €662,4 k €54,7 k €3,1 M €259 k €260,1 k €289 k €223,3 k €170,7 k €4,7 M €222,3 k €803,4 k €673,7 k €144,3 k €5,9 k €353 k €
Other
Workforce0,8 ETP1,0 ETP3,2 ETP4,8 ETP8,8 ETP8,1 ETP7,4 ETP12,0 ETP10,3 ETP7,8 ETP1,6 ETP2,1 ETP0,8 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 · 2 active · 12 ended

Active mandates

SofiCo

Director · since 22 mai 2024 · 0635.680.491

Represented by Sofie Henriette Coenen

Active
BeHousing Groep

Managing director · since 07 janvier 2020 · 0741.511.352

Represented by Guy Coenen

Active

Ended mandates

SofiCo

Director · since 22 mai 2024 · 0635.680.491

Represented by Sofie Coenen

Ended
BeHousing Groep

Managing director · since 07 janvier 2020 · until 07 janvier 2026 · 0741.511.352

Represented by Guy Coenen

Ended
BeHousing Groep

Managing director · since 07 janvier 2020 · until 07 janvier 2026 · 0741.511.352

Represented by Guy Coenen

Ended
MOVACO

Director · since 04 juin 2018 · until 04 juin 2024 · 0432.215.271

Represented by Guy Coenen

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date16/07/202621/08/202527/08/202430/08/202330/08/202231/08/2021
General meeting30/06/202603/06/202503/06/202403/06/202303/06/202203/06/2021
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

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202616/07/2026DutchPDF
Abridged model31/12/202403/06/202521/08/2025DutchPDF
Abridged model31/12/202303/06/202427/08/2024DutchPDF
Abridged model31/12/202203/06/202330/08/2023DutchPDF
Abridged model31/12/202103/06/202230/08/2022DutchPDF
Abridged model31/12/202003/06/202131/08/2021DutchPDF
Abridged model31/12/201903/06/202013/11/2020DutchPDF
Abridged modelCorrection31/12/201803/06/201908/01/2020DutchPDF
Abridged model31/12/201803/06/201929/08/2019DutchPDF
Abridged model31/12/201704/06/201831/08/2018DutchPDF
Abridged model31/12/201603/06/201728/08/2017DutchPDF
Abridged modelCorrection31/12/201503/06/201631/08/2016DutchPDF
Abridged model31/12/201503/06/201605/07/2016DutchPDF
Abridged model31/12/201403/06/201519/08/2015DutchPDF
Abridged model31/12/201303/06/201405/08/2014DutchPDF
Abridged model31/12/201203/06/201311/06/2013DutchPDF
Abridged model31/12/201104/06/201221/08/2012DutchPDF
Abridged model31/12/201003/06/201103/08/2011DutchPDF
Abridged model31/12/200903/06/201028/08/2010DutchPDF
Abridged model31/12/200803/06/200909/11/2009DutchPDF
Abridged model31/12/200703/06/200828/08/2008DutchPDF
Abridged model31/12/200604/06/200702/08/2007DutchPDF
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 · 2 active · 12 ended

Active mandates

SofiCo

Director · since 22 mai 2024 · 0635.680.491

Represented by Sofie Henriette Coenen

Active
BeHousing Groep

Managing director · since 07 janvier 2020 · 0741.511.352

Represented by Guy Coenen

Active

Ended mandates

SofiCo

Director · since 22 mai 2024 · 0635.680.491

Represented by Sofie Coenen

Ended
BeHousing Groep

Managing director · since 07 janvier 2020 · until 07 janvier 2026 · 0741.511.352

Represented by Guy Coenen

Ended
BeHousing Groep

Managing director · since 07 janvier 2020 · until 07 janvier 2026 · 0741.511.352

Represented by Guy Coenen

Ended
MOVACO

Director · since 04 juin 2018 · until 04 juin 2024 · 0432.215.271

Represented by Guy Coenen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares17/09/2020
    KAPITAAL - AANDELEN
    PDF
  • Mandates14/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares31/12/2019
    KAPITAAL - AANDELEN
    PDF
  • Restructuring26/08/2019
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring11/07/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates02/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2016
    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

Timeline

  1. 2025
    Annual accounts 2025232,6 k €
  2. 2024
    Annual accounts 2024206 k €
  3. 22/05/2024
    nominationBVBA Sofico — bestuurder
  4. 2023
    Annual accounts 2023139,3 k €
  5. 2022
    Annual accounts 202281 k €
  6. 2021
    Annual accounts 202154,4 k €
  7. 2020
    Annual accounts 202039,6 k €
  8. 2018
    Annual accounts 2018383,8 k €
  9. 2017
    Annual accounts 2017328,9 k €
  10. 2016
    Annual accounts 2016610 k €
  11. 2015
    Annual accounts 20151,1 M €
  12. 2014
    Annual accounts 20141,2 M €
  13. 2013
    Annual accounts 20131,6 M €
  14. 2012
    Annual accounts 20121,5 M €
  15. 2011
    Annual accounts 20111,8 M €
  16. 2010
    Annual accounts 201012,7 M €
  17. 2009
    Annual accounts 20091,2 M €
  18. 2008
    Annual accounts 20081,1 M €
  19. 2007
    Annual accounts 20071,9 M €
  20. 2006
    Annual accounts 200624,4 M €
  21. 17/08/1984
    IncorporationPublic limited company