ACTIVE

COENE

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Financial year 2024 · closed on 31/12/2024

Net result

900,8 k €

-1.5% YoY

Gross margin

2,1 M €

+0.6% YoY

Equity

3 M €

-6.2% YoY

Workforce

18,6 ETP

+9.4% YoY

What does COENE do?

COENE is a Private limited company incorporated in 1986. Its main activity is: Manufacture of other builders' carpentry and joinery. Its registered office is in Couvin. It employs on average 18,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.996.941

Incorporation

05/12/1986

Legal form

Private limited company

Registered office

Rue du Moulin de Tromcourt 19
5660 Couvin · WallonieSee on map

Contributed capital

31 000,00 €

Latest accounts

31/12/2024

Average workforce

18,6 ETP

Activities (NACE)

16230Manufacture of other builders' carpentry and joinery· main 16250Manufacture of products of wood, cork, straw and plaiting materials 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 43320Joinery installation 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories+3

Joint committees (5)

124
126
1260
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,1 M €	+0.6%	2,1 M €	+106%	1 M €	+5.7%	947,1 k €	-25.2%	1,3 M €	+19.9%	1,1 M €	+17.6%	898,4 k €	+1.7%	883,7 k €	-10.5%	987 k €	-7.0%	1,1 M €	+5.2%	1 M €	-16.0%	1,2 M €	-7.2%	1,3 M €	+8.3%	1,2 M €	+44.0%	829,9 k €	-19.4%	1 M €	-12.5%	1,2 M €
EBITDA	1,2 M €	+0.4%	1,2 M €	+299%	302,1 k €	+254%	-196,7 k €	-163%	311,6 k €	+91.9%	162,4 k €	+108%	77,9 k €	+45.8%	53,4 k €	-41.9%	91,9 k €	-31.1%	133,5 k €	+124%	59,5 k €	+16.0%	51,3 k €	-37.3%	81,8 k €	-55.2%	182,6 k €	+208%	59,3 k €	-67.8%	183,8 k €	-48.6%	357,2 k €
Operating result	1 M €	-2.6%	1,1 M €	+400%	213,4 k €	+14.0%	187,3 k €	-7.4%	202,2 k €	+154%	79,7 k €	+4548%	-1,8 k €	+88.8%	-16 k €	-480%	4,2 k €	-92.5%	56,1 k €	+415%	-17,8 k €	+21.5%	-22,7 k €	+25.3%	-30,4 k €	-135%	87,1 k €	+252%	-57,3 k €	-196%	59,7 k €	-65.6%	173,7 k €
Net result	900,8 k €	-1.5%	914,2 k €	+324%	215,5 k €	+16.6%	184,9 k €	-8.0%	200,9 k €	+121%	90,9 k €	+2732%	3,2 k €	+694%	-540 €	-103%	16,6 k €	-75.7%	68,3 k €	+240%	20,1 k €	+708%	2,5 k €	-92.3%	32,3 k €	-57.9%	76,8 k €	+698%	9,6 k €	+2600%	356,4 €	-99.1%	40,5 k €
Balance sheet
Equity	3 M €	-6.2%	3,2 M €	+23.5%	2,6 M €	+9.0%	2,4 M €	+154%	945,7 k €	+27.0%	744,8 k €	+13.9%	653,9 k €	+0.5%	650,7 k €	-0.1%	651,2 k €	+2.6%	634,6 k €	+10.5%	574,1 k €	+2.2%	561,9 k €	-2.3%	575,2 k €	+3.0%	558,6 k €	+12.3%	497,5 k €	-4.2%	519,3 k €	+0.1%	519 k €
Total assets	4,7 M €	+15.1%	4,1 M €	+45.2%	2,8 M €	+7.2%	2,6 M €	+55.3%	1,7 M €	-1.6%	1,7 M €	+26.6%	1,4 M €	-3.7%	1,4 M €	-6.5%	1,5 M €	-6.0%	1,6 M €	+2.8%	1,6 M €	-17.7%	1,9 M €	+11.2%	1,7 M €	-5.0%	1,8 M €	-8.7%	2 M €	+4.6%	1,9 M €	-10.7%	2,1 M €
Cash	1,3 M €	+34.4%	945,9 k €	+122%	426,4 k €	-53.2%	911,7 k €	+404%	180,8 k €	+105%	88,1 k €	-50.0%	176,1 k €	+90.7%	92,4 k €	-63.8%	255,3 k €	+264%	70,2 k €	-5.3%	74,2 k €	-86.2%	538,5 k €	+178%	193,7 k €	-36.3%	304,3 k €	+157%	118,3 k €	+152%	46,9 k €	-44.1%	84 k €
Debts	1,7 M €	+95.4%	854,5 k €	+319%	204 k €	-10.9%	228,9 k €	-20.7%	288,7 k €	-43.9%	514,6 k €	+109%	245,8 k €	-18.2%	300,5 k €	-24.2%	396,6 k €	-22.4%	510,9 k €	-2.1%	521,9 k €	-39.9%	867,8 k €	+13.7%	763,5 k €	-22.4%	984 k €	-26.4%	1,3 M €	+10.6%	1,2 M €	-15.7%	1,4 M €
Other
Workforce	18,6 ETP	+9.4%	17,0 ETP	0.0%	17,0 ETP	-24.1%	22,4 ETP	-6.7%	24,0 ETP	+9.1%	22,0 ETP	+15.8%	19,0 ETP	0.0%	19,0 ETP	0.0%	19,0 ETP	-17.4%	23,0 ETP	-4.2%	24,0 ETP	-4.4%	25,1 ETP	+2.9%	24,4 ETP	+1.7%	24,0 ETP	+6.2%	22,6 ETP	+5.6%	21,4 ETP	+2.4%	20,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 9 ended

Active mandates

ELOMAX

Director · since 01 novembre 2019 · 0736.946.711

Represented by Coene ALAIN

Active

Ended mandates

ALAIN COENE

Mandate · since 01 juin 1993

Ended

ALAIN COENE

Manager · since 01 juin 1993

Ended

ANDRE COENE

Mandate · since 01 juin 1993

Ended

ANDRE COENE

Manager · since 01 juin 1993

Ended

At this address

Other companies at this address

Company	CBE no.
ELOMAX● Active	0736.946.711
HER-WIN● Active	0826.166.420

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/10/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/09/2020	31/12/2018
Length of the financial year	12 months	12 months	12 months	15 months	21 months	12 months
Filing date	18/07/2025	12/07/2024	13/07/2023	05/07/2022	28/04/2021	16/06/2019
General meeting	12/05/2025	13/05/2024	08/05/2023	09/05/2022	11/01/2021	13/06/2019
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	12/05/2025	18/07/2025	French	PDF
Abridged model	31/12/2023	13/05/2024	12/07/2024	French	PDF
Abridged model	31/12/2022	08/05/2023	13/07/2023	French	PDF
Abridged model	31/12/2021	09/05/2022	05/07/2022	French	PDF
Abridged model	30/09/2020	11/01/2021	28/04/2021	French	PDF
Abridged model	31/12/2018	13/06/2019	16/06/2019	French	PDF
Abridged model	31/12/2017	14/06/2018	25/06/2018	French	PDF
Abridged model	31/12/2016	15/06/2017	11/07/2017	French	PDF
Abridged model	31/12/2015	14/06/2016	04/07/2016	French	PDF
Abridged model	31/12/2014	16/06/2015	14/07/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	28/06/2014	French	PDF
Abridged model	31/12/2012	04/06/2013	03/07/2013	French	PDF
Abridged model	31/12/2011	11/06/2012	13/07/2012	French	PDF
Abridged model	31/12/2010	10/06/2011	27/06/2011	French	PDF
Abridged model	31/12/2009	16/06/2010	16/07/2010	French	PDF
Abridged model	31/12/2008	10/06/2009	16/06/2009	French	PDF
Abridged model	31/12/2007	23/06/2008	08/07/2008	French	PDF
Abridged model	31/12/2006	18/06/2007	02/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2024 · 1 active · 9 ended

Active mandates

ELOMAX

Director · since 01 novembre 2019 · 0736.946.711

Represented by Coene ALAIN

Active

Ended mandates

ALAIN COENE

Mandate · since 01 juin 1993

Ended

ALAIN COENE

Manager · since 01 juin 1993

Ended

ANDRE COENE

Mandate · since 01 juin 1993

Ended

ANDRE COENE

Manager · since 01 juin 1993

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/04/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates06/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates27/12/2019
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Registered office19/02/2013
SIEGE SOCIAL - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

2024
Annual accounts 2024900,8 k €↓
2023
Annual accounts 2023914,2 k €↑
2022
Annual accounts 2022215,5 k €↑
2021
Annual accounts 2021184,9 k €↓
2018
Annual accounts 2018200,9 k €↑
2017
Annual accounts 201790,9 k €↑
2016
Annual accounts 20163,2 k €↑
2015
Annual accounts 2015-540 €↓
2014
Annual accounts 201416,6 k €↓
2013
Annual accounts 201368,3 k €↑
2012
Annual accounts 201220,1 k €↑
2011
Annual accounts 20112,5 k €↓
2010
Annual accounts 201032,3 k €↓
2009
Annual accounts 200976,8 k €↑
2008
Annual accounts 20089,6 k €↑
2007
Annual accounts 2007356,4 €↓
2006
Annual accounts 200640,5 k €
05/12/1986
IncorporationPrivate 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

COENE

Overview

What does COENE do?

Trend over 17 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