COBEL
0433.785.582 · rovalta.com · 21/09/2026
ACTIVE
COBEL
Financial year 2025 · closed on 30/12/2025
Net result
341,2 k €
+1274.4% YoY
Gross margin
-52,3 k €
-17.8% YoY
Equity
9 M €
+3.9% YoY
Workforce
0,0 ETP
Overview
What does COBEL do?
COBEL is a Public limited company incorporated in 1988. Its main activity is: Activities of holding companies. Its registered office is in Zwevegem.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0433.785.582
Incorporation
23/03/1988
Legal form
Public limited company
Registered office
Koutermanstraat(Z) 29 box A
8550 Zwevegem · FlandreSee on map
8550 Zwevegem · FlandreSee on map
Contributed capital
101 000,00 €
Latest accounts
30/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | -52,3 k € | -17.8% | -44,4 k € | -107% | -21,4 k € | +31.8% | -31,4 k € | +23.5% | -41 k € | -11.9% | -36,7 k € | +34.8% | -56,3 k € | -51.7% | -37,1 k € | +52.7% | -78,5 k € | -35.1% | -58,1 k € | -60.4% | -36,2 k € | +7.3% | -39,1 k € | -75.3% | -22,3 k € | -31.4% | -17 k € | -77.1% | -9,6 k € | +31.1% | -13,9 k € | +10.6% | -15,5 k € | +81.7% | -84,9 k € | -529% | -13,5 k € | +17.2% | -16,3 k € |
| EBITDA | -63,2 k € | -20.8% | -52,3 k € | -60.7% | -32,6 k € | +30.0% | -46,5 k € | +9.9% | -51,6 k € | -18.1% | -43,7 k € | +36.5% | -68,8 k € | -41.3% | -48,7 k € | +51.6% | -100,6 k € | -49.3% | -67,4 k € | -70.4% | -39,5 k € | +1.9% | -40,3 k € | -71.6% | -23,5 k € | -28.4% | -18,3 k € | -70.4% | -10,7 k € | +29.6% | -15,2 k € | +9.3% | -16,8 k € | +80.5% | -86,2 k € | -479% | -14,9 k € | +14.9% | -17,5 k € |
| Operating result | -63,7 k € | -20.7% | -52,8 k € | -59.9% | -33 k € | +29.8% | -47 k € | +11.2% | -53 k € | -18.7% | -44,6 k € | +36.0% | -69,7 k € | -40.6% | -49,6 k € | +51.1% | -101,5 k € | -45.6% | -69,7 k € | -66.4% | -41,9 k € | +1.8% | -42,6 k € | -65.1% | -25,8 k € | -25.1% | -20,7 k € | -57.7% | -13,1 k € | +25.6% | -17,6 k € | +8.1% | -19,2 k € | +78.4% | -88,6 k € | -413% | -17,3 k € | +1.3% | -17,5 k € |
| Net result | 341,2 k € | +1274% | -29 k € | -168% | 43 k € | +127% | -158,3 k € | -207% | 148,5 k € | +10.1% | 134,9 k € | -28.1% | 187,7 k € | +204% | -180,8 k € | -117% | 1,1 M € | +449% | 196,1 k € | -95.1% | 4 M € | +5084% | 77,9 k € | +43.0% | 54,4 k € | -60.9% | 139,2 k € | +218% | -118,2 k € | -216% | 101,7 k € | -2.2% | 104 k € | -90.4% | 1,1 M € | +1048% | 94,5 k € | +20.7% | 78,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 9 M € | +3.9% | 8,7 M € | -0.3% | 8,7 M € | +0.5% | 8,7 M € | -1.8% | 8,8 M € | +1.7% | 8,7 M € | +1.6% | 8,5 M € | +2.2% | 8,4 M € | +6.8% | 7,8 M € | -14.3% | 9,1 M € | +2.2% | 8,9 M € | +82.5% | 4,9 M € | +1.6% | 4,8 M € | -1.4% | 4,9 M € | +2.9% | 4,7 M € | -2.4% | 4,9 M € | +2.1% | 4,8 M € | +2.2% | 4,7 M € | +30.3% | 3,6 M € | +2.7% | 3,5 M € |
| Total assets | 11 M € | +4.8% | 10,5 M € | +7.7% | 9,8 M € | +1.1% | 9,7 M € | +3.9% | 9,3 M € | +1.9% | 9,1 M € | +1.8% | 9 M € | -16.1% | 10,7 M € | +3.6% | 10,3 M € | +11.7% | 9,2 M € | +2.2% | 9 M € | +80.8% | 5 M € | -9.0% | 5,5 M € | -1.4% | 5,6 M € | +2.6% | 5,4 M € | -1.4% | 5,5 M € | +2.5% | 5,4 M € | +2.0% | 5,3 M € | +27.3% | 4,1 M € | +3.1% | 4 M € |
| Cash | 227,2 k € | +96.0% | 115,9 k € | -71.5% | 407,2 k € | +1.4% | 401,4 k € | -80.6% | 2,1 M € | +128% | 907,8 k € | -15.1% | 1,1 M € | -66.6% | 3,2 M € | -13.0% | 3,7 M € | +91.5% | 1,9 M € | -19.2% | 2,4 M € | +1208% | 181,6 k € | +22.4% | 148,5 k € | -40.9% | 251,3 k € | +167% | 94,3 k € | +63.0% | 57,8 k € | -70.2% | 193,9 k € | +361% | 42,1 k € | -77.0% | 182,7 k € | +74.0% | 105 k € |
| Debts | 2 M € | +9.2% | 1,8 M € | +74.0% | 1,1 M € | +6.0% | 994,9 k € | +109% | 475,6 k € | +5.5% | 450,6 k € | +5.3% | 427,8 k € | -81.7% | 2,3 M € | -6.4% | 2,5 M € | +2299% | 104 k € | +1.1% | 102,8 k € | -0.4% | 103,3 k € | -84.8% | 678,1 k € | -1.1% | 685,7 k € | +0.2% | 684,5 k € | +6.0% | 645,6 k € | +5.8% | 610,3 k € | -0.0% | 610,5 k € | +8.4% | 563,3 k € | +6.0% | 531,5 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | 0,0 ETP | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/12/2025 · 2 active · 17 ended
Active mandates
Louis Piette
ActiveGuy Piette
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
CRILO INVEST● Active | 0424.303.635 |
LINDIM● Active | 0433.644.042 |
Pilobe● Active | 0677.776.711 |
PIREBO● Active | 0733.729.873 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Micro model | Micro model |
| Start of the financial year | 31/12/2024 | 31/12/2023 | 01/01/2023 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Closing of the financial year | 30/12/2025 | 30/12/2024 | 31/12/2023 | 30/12/2022 | 30/12/2021 | 30/12/2020 |
| Length of the financial year | 13 months | 13 months | 12 months | 13 months | 13 months | 13 months |
| Filing date | 15/07/2026 | 11/08/2025 | 30/07/2024 | 31/07/2023 | 07/07/2022 | 24/06/2021 |
| General meeting | 11/05/2026 | 12/05/2025 | 13/05/2024 | 08/05/2023 | 09/05/2022 | 10/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/12/2025 | 11/05/2026 | 15/07/2026 | Dutch | |
| Abridged model | 30/12/2024 | 12/05/2025 | 11/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 13/05/2024 | 30/07/2024 | Dutch | |
| Abridged model | 30/12/2022 | 08/05/2023 | 31/07/2023 | Dutch | |
| Micro model | 30/12/2021 | 09/05/2022 | 07/07/2022 | Dutch | |
| Micro model | 30/12/2020 | 10/05/2021 | 24/06/2021 | Dutch | |
| Micro model | 30/12/2019 | 11/05/2020 | 11/06/2020 | Dutch | |
| Micro model | 30/12/2018 | 13/05/2019 | 28/06/2019 | Dutch | |
| Micro model | 30/12/2017 | 14/05/2018 | 02/07/2018 | Dutch | |
| Abridged model | 30/12/2016 | 08/05/2017 | 22/05/2017 | Dutch | |
| Abridged model | 30/12/2015 | 09/05/2016 | 01/07/2016 | Dutch | |
| Abridged model | 30/12/2014 | 11/05/2015 | 29/06/2015 | Dutch | |
| Abridged model | 30/12/2013 | 12/05/2014 | 26/05/2014 | Dutch | |
| Abridged model | 30/12/2012 | 13/05/2013 | 23/05/2013 | Dutch | |
| Abridged model | 30/12/2011 | 14/05/2012 | 21/05/2012 | Dutch | |
| Abridged model | 30/12/2010 | 09/05/2011 | 30/05/2011 | Dutch | |
| Abridged model | 30/12/2009 | 10/05/2010 | 08/07/2010 | Dutch | |
| Abridged model | 30/12/2008 | 11/05/2009 | 27/05/2009 | Dutch | |
| Abridged model | 30/12/2007 | 13/05/2008 | 15/05/2008 | Dutch | |
| Abridged model | 30/12/2006 | 14/05/2007 | 03/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/12/2025 · 2 active · 17 ended
Active mandates
Louis Piette
ActiveGuy Piette
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates10/02/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Mandates24/12/2019ONTSLAGEN - BENOEMINGEN
- Capital / shares26/02/2018KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares21/02/2018KAPITAAL - AANDELEN
- Mandates29/06/2017MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Registered office11/12/2014MAATSCHAPPELIJKE ZETEL
- Capital / shares10/02/2014KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates15/06/2011ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025341,2 k €↑
- 2024Annual accounts 2024-29 k €↓
- 2023Annual accounts 202343 k €↑
- 2022Annual accounts 2022-158,3 k €↓
- 2021Annual accounts 2021148,5 k €↑
- 2020Annual accounts 2020134,9 k €↓
- 2019Annual accounts 2019187,7 k €↑
- 2018Annual accounts 2018-180,8 k €↓
- 2017Annual accounts 20171,1 M €↑
- 2016Annual accounts 2016196,1 k €↓
- 2015Annual accounts 20154 M €↑
- 2014Annual accounts 201477,9 k €↑
- 2013Annual accounts 201354,4 k €↓
- 2012Annual accounts 2012139,2 k €↑
- 2011Annual accounts 2011-118,2 k €↓
- 2010Annual accounts 2010101,7 k €↓
- 2009Annual accounts 2009104 k €↓
- 2008Annual accounts 20081,1 M €↑
- 2007Annual accounts 200794,5 k €↑
- 2006Annual accounts 200678,3 k €
- 23/03/1988IncorporationPublic limited company