ACTIVE

COBALD

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Financial year 2025 · closed on 31/03/2025

Net result

57,4 k €

-11.1% YoY

Gross margin

81,2 k €

-13.4% YoY

Equity

275,8 k €

-25.2% YoY

What does COBALD do?

COBALD is a Private limited company incorporated in 1987. Its main activity is: Agents involved in the sale of furniture, household goods, hardware and ironmongery. Its registered office is in Leuven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0431.315.646

Incorporation

24/05/1987

Legal form

Private limited company

Registered office

Spaarstraat 61 box 101
3010 Leuven · FlandreSee on map

Contributed capital

20 451,21 €

Latest accounts

31/03/2025

Activities (NACE)

46150Agents involved in the sale of furniture, household goods, hardware and ironmongery· main 46150Agents involved in the sale of furniture, household goods, hardware and ironmongery 51150Passenger air transport

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	81,2 k €	-13.4%	93,8 k €	+50.8%	62,2 k €	+11.3%	55,9 k €	-31.4%	81,5 k €	+6.5%	76,5 k €	+53.2%	49,9 k €	+38.4%	36,1 k €	-20.3%	45,3 k €	-9.9%	50,3 k €	-5.1%	53 k €	+813%	5,8 k €	-71.2%	20,1 k €	-4.9%	21,2 k €	+9.2%	19,4 k €	-63.1%	52,6 k €	+145%	21,5 k €
EBITDA	80,4 k €	-13.4%	92,8 k €	+51.1%	61,4 k €	+11.8%	54,9 k €	-31.7%	80,4 k €	+7.4%	74,9 k €	+57.1%	47,7 k €	+42.3%	33,5 k €	-21.8%	42,8 k €	-11.2%	48,2 k €	-6.6%	51,6 k €	+1011%	4,6 k €	-52.6%	9,8 k €	+181%	-12,1 k €	+40.3%	-20,3 k €	-188%	23,1 k €	+490%	-5,9 k €
Operating result	79,8 k €	-11.4%	90,1 k €	+53.1%	58,8 k €	+12.3%	52,4 k €	-30.4%	75,3 k €	+8.1%	69,7 k €	+65.5%	42,1 k €	+81.5%	23,2 k €	-34.4%	35,3 k €	-22.9%	45,8 k €	-6.7%	49,1 k €	+1037%	4,3 k €	-36.5%	6,8 k €	+144%	-15,4 k €	-1.0%	-15,3 k €	-236%	11,3 k €	+201%	-11,1 k €
Net result	57,4 k €	-11.1%	64,6 k €	+45.9%	44,3 k €	+25.1%	35,4 k €	-34.1%	53,7 k €	+8.6%	49,4 k €	+98.5%	24,9 k €	+70.0%	14,6 k €	-39.0%	24 k €	-23.1%	31,2 k €	-28.8%	43,9 k €	+1620%	2,5 k €	-68.7%	8,2 k €	+152%	-15,7 k €	+7.2%	-16,9 k €	-276%	9,6 k €	+166%	-14,6 k €
Balance sheet
Equity	275,8 k €	-25.2%	368,6 k €	+21.2%	304 k €	+17.0%	259,8 k €	+15.8%	224,4 k €	+31.4%	170,7 k €	+40.7%	121,3 k €	+25.8%	96,4 k €	+17.9%	81,8 k €	+41.6%	57,7 k €	+118%	26,5 k €	+1237%	-2,3 k €	+52.2%	-4,9 k €	+62.5%	-13 k €	-586%	2,7 k €	-86.3%	19,6 k €	+96.8%	10 k €
Total assets	440,8 k €	+13.5%	388,5 k €	+20.2%	323,2 k €	+16.2%	278 k €	+7.9%	257,5 k €	+25.5%	205,2 k €	+33.7%	153,4 k €	+22.4%	125,3 k €	+4.5%	119,9 k €	+56.0%	76,9 k €	+48.0%	52 k €	+48.9%	34,9 k €	-38.2%	56,5 k €	-15.3%	66,7 k €	-16.9%	80,2 k €	-14.2%	93,5 k €	-19.5%	116,2 k €
Cash	386 k €	+16.2%	332,1 k €	+19.8%	277,2 k €	+14.5%	242,1 k €	+18.1%	205 k €	+36.0%	150,7 k €	+28.1%	117,7 k €	+47.1%	80 k €	+6.8%	74,9 k €	+96.6%	38,1 k €	+174%	13,9 k €	+6348%	215,3 €	-76.6%	920 €	+270%	248,6 €	-83.0%	1,5 k €	+1456%	93,9 €	-99.2%	12,3 k €
Debts	165 k €	+729%	19,9 k €	+4.0%	19,1 k €	+5.0%	18,2 k €	-45.0%	33,1 k €	-3.8%	34,4 k €	+9.0%	31,6 k €	+9.1%	28,9 k €	-24.1%	38,2 k €	+99.3%	19,1 k €	-24.8%	25,4 k €	-31.7%	37,2 k €	-39.3%	61,4 k €	-14.9%	72,1 k €	-7.0%	77,5 k €	+4.9%	73,9 k €	-30.4%	106,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,3 ETP	-70.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 2 ended

Active mandates

Bernard Verhaert

Director · since 30 mars 2018

Active

Ended mandates

Jan Boon

Director · since 28 octobre 1993 · until 31 décembre 2018

Ended

Jan Boon

Director · since 28 octobre 1993

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/09/2025	04/10/2024	12/09/2023	26/09/2022	27/10/2021	16/11/2020
General meeting	01/09/2025	02/09/2024	04/09/2023	05/09/2022	06/09/2021	07/09/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	01/09/2025	22/09/2025	Dutch	PDF
Micro model	31/03/2024	02/09/2024	04/10/2024	Dutch	PDF
Micro model	31/03/2023	04/09/2023	12/09/2023	Dutch	PDF
Micro model	31/03/2022	05/09/2022	26/09/2022	Dutch	PDF
Micro model	31/03/2021	06/09/2021	27/10/2021	Dutch	PDF
Micro model	31/03/2020	07/09/2020	16/11/2020	Dutch	PDF
Micro model	31/03/2019	02/09/2019	24/09/2019	Dutch	PDF
Micro model	31/03/2018	03/09/2018	18/09/2018	Dutch	PDF
Micro model	31/03/2017	04/09/2017	02/10/2017	Dutch	PDF
Abridged model	31/03/2016	05/09/2016	14/09/2016	Dutch	PDF
Abridged model	31/03/2015	07/09/2015	21/09/2015	Dutch	PDF
Abridged model	31/03/2014	01/09/2014	08/09/2014	Dutch	PDF
Abridged model	31/03/2013	02/09/2013	21/10/2013	Dutch	PDF
Abridged model	31/03/2012	03/09/2012	18/09/2012	Dutch	PDF
Abridged model	31/03/2011	05/09/2011	26/09/2011	Dutch	PDF
Abridged model	31/03/2010	06/09/2010	17/09/2010	Dutch	PDF
Abridged model	31/03/2009	07/09/2009	29/09/2009	Dutch	PDF
Abridged model	31/03/2008	01/09/2008	17/11/2008	Dutch	PDF
Abridged model	31/03/2007	03/09/2007	29/10/2007	Dutch	PDF

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.

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 31/03/2025 · 1 active · 2 ended

Active mandates

Bernard Verhaert

Director · since 30 mars 2018

Active

Ended mandates

Jan Boon

Director · since 28 octobre 1993 · until 31 décembre 2018

Ended

Jan Boon

Director · since 28 octobre 1993

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/12/2023
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/11/2008
ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/11/2005
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/10/2004
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

2025
Annual accounts 202557,4 k €↓
2024
Annual accounts 202464,6 k €↑
2024
Name changeCobald
2023
Annual accounts 202344,3 k €↑
2022
Annual accounts 202235,4 k €↓
2022
Name changeBoon Agencies
2021
Annual accounts 202153,7 k €↑
2020
Annual accounts 202049,4 k €↑
2019
Annual accounts 201924,9 k €↑
2018
Annual accounts 201814,6 k €↓
2017
Annual accounts 201724 k €↓
2016
Annual accounts 201631,2 k €↓
2015
Annual accounts 201543,9 k €↑
2014
Annual accounts 20142,5 k €↓
2013
Annual accounts 20138,2 k €↑
2012
Annual accounts 2012-15,7 k €↑
2011
Annual accounts 2011-16,9 k €↓
2010
Annual accounts 20109,6 k €↑
2009
Annual accounts 2009-14,6 k €
24/05/1987
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

COBALD

Overview

What does COBALD do?

Trend over 17 financial years

Indicative valuation

Board of directors

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