ACTIVE

COGER

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Financial year 2025 · closed on 31/12/2025

Net result

100,8 k €

+2.1% YoY

Gross margin

165,5 k €

+0.9% YoY

Equity

115,7 k €

+0.7% YoY

What does COGER do?

COGER is a Private limited company incorporated in 1988. Its registered office is in Jette.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.523.367

Incorporation

09/09/1988

Legal form

Private limited company

Registered office

Rue Esseghem 24
1090 Jette · BruxellesSee on map

Contributed capital

37 184,02 €

Latest accounts

31/12/2025

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

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	165,5 k €	+0.9%	164 k €	+15.1%	142,4 k €	+9.6%	129,9 k €	+0.1%	129,8 k €	+0.0%	129,7 k €	+0.3%	129,3 k €	+1.4%	127,5 k €	+13.1%	112,7 k €	+34.9%	83,6 k €	+9.8%	76,1 k €	-12.0%	86,4 k €	-3.4%	89,5 k €	-0.2%	89,6 k €	+1.5%	88,3 k €	-1.7%	89,9 k €	+1.2%	88,9 k €	+1.6%	87,5 k €	+16.7%	74,9 k €	+18.1%	63,4 k €
EBITDA	163,5 k €	+0.7%	162,3 k €	+15.5%	140,6 k €	+10.3%	127,4 k €	-0.2%	127,7 k €	+0.0%	127,6 k €	+0.2%	127,4 k €	+1.4%	125,7 k €	+13.8%	110,5 k €	+32.7%	83,2 k €	+10.0%	75,7 k €	-12.5%	86,4 k €	-3.4%	89,5 k €	-0.2%	89,6 k €	+1.5%	88,3 k €	-1.7%	89,9 k €	+1.2%	88,9 k €	+1.6%	87,5 k €	+16.7%	74,9 k €	+2.1%	73,4 k €
Operating result	140,5 k €	+1.5%	138,5 k €	+24.5%	111,3 k €	+19.8%	92,8 k €	-2.8%	95,5 k €	-3.8%	99,2 k €	+0.2%	99 k €	+1.8%	97,3 k €	+12.5%	86,5 k €	+35.6%	63,8 k €	+13.5%	56,2 k €	-16.1%	67 k €	-4.3%	70,1 k €	+0.4%	69,8 k €	+1.9%	68,5 k €	-1.7%	69,7 k €	+2.9%	67,7 k €	+2.1%	66,3 k €	+23.3%	53,8 k €	+2.9%	52,3 k €
Net result	100,8 k €	+2.1%	98,7 k €	+29.6%	76,2 k €	+20.8%	63,1 k €	-2.7%	64,8 k €	-5.2%	68,4 k €	+8.0%	63,3 k €	+2.1%	62 k €	+12.4%	55,1 k €	+24.1%	44,4 k €	+12.8%	39,4 k €	-7.9%	42,8 k €	-8.9%	47 k €	+1.2%	46,4 k €	+16.9%	39,7 k €	+12.7%	35,2 k €	-12.3%	40,2 k €	+59.3%	25,2 k €	+7.3%	23,5 k €	-4.2%	24,6 k €
Balance sheet
Equity	115,7 k €	+0.7%	114,9 k €	+0.6%	114,2 k €	+1.0%	113 k €	+2.8%	110 k €	+4.6%	105,2 k €	+36.9%	76,8 k €	+0.4%	76,5 k €	-92.5%	1 M €	+540%	158,4 k €	-63.5%	434 k €	+10.0%	394,6 k €	+12.2%	351,8 k €	+15.4%	304,8 k €	+18.0%	258,4 k €	+18.2%	218,7 k €	+19.2%	183,5 k €	+28.1%	143,3 k €	+21.4%	118,1 k €	+24.9%	94,5 k €
Total assets	651 k €	-6.7%	698,1 k €	-2.7%	717,4 k €	-18.3%	877,7 k €	-5.9%	932,2 k €	-3.6%	967,3 k €	+15.8%	835 k €	-3.5%	865,2 k €	-35.7%	1,3 M €	+244%	391,7 k €	-15.3%	462,2 k €	+0.4%	460,4 k €	-0.2%	461,3 k €	+1.1%	456,3 k €	+1.4%	450,1 k €	+0.3%	449 k €	-4.5%	470 k €	-0.9%	474,3 k €	-2.8%	488 k €	-2.8%	501,9 k €
Cash	167,7 k €	+9.5%	153,2 k €	-3.6%	158,8 k €	+68.4%	94,3 k €	-33.1%	141,1 k €	-28.7%	197,8 k €	+142%	81,7 k €	-10.9%	91,7 k €	-5.3%	96,8 k €	+53.8%	62,9 k €	-55.4%	140,9 k €	+16.8%	120,6 k €	+18.1%	102,2 k €	+34.1%	76,2 k €	+51.9%	50,2 k €	+84.5%	27,2 k €	+2.8%	26,5 k €		–		–		–
Debts	535,2 k €	-8.2%	583,1 k €	-3.3%	603,2 k €	-21.1%	764,7 k €	-7.0%	822,3 k €	-4.6%	862,1 k €	+13.7%	758,2 k €	-3.9%	788,7 k €	+138%	330,9 k €	+41.9%	233,2 k €	+725%	28,3 k €	-57.0%	65,8 k €	-39.9%	109,5 k €	-27.7%	151,5 k €	-21.0%	191,7 k €	-16.8%	230,3 k €	-19.6%	286,5 k €	-13.4%	331 k €	-8.9%	363,4 k €	-10.8%	407,4 k €

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 31/12/2025 · 1 active · 5 ended

Active mandates

Emmanuel Ghesquière

Director · since 19 juillet 2024

Active

Ended mandates

Pierre Tits

Director · since 29 mars 2016

Ended

PIERRE TITS

Administrator - manager · since 17 septembre 2009

Ended

PIERRE TITS

Manager · since 17 septembre 2009

Ended

MARC HOMBERGEN

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
COGER Invest● Active	0650.846.442
Maison de la Santé Saint-Paul● Liquidation	0455.651.362
Maison Médicale Esseghem● Active	0425.402.012

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	05/06/2026	16/06/2025	07/06/2024	09/06/2023	23/06/2022	25/06/2021
General meeting	04/06/2026	12/06/2025	31/05/2024	26/05/2023	27/05/2022	30/05/2021
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
Abridged model	31/12/2025	04/06/2026	05/06/2026	French	PDF
Abridged model	31/12/2024	12/06/2025	16/06/2025	French	PDF
Abridged model	31/12/2023	31/05/2024	07/06/2024	French	PDF
Abridged model	31/12/2022	26/05/2023	09/06/2023	French	PDF
Abridged model	31/12/2021	27/05/2022	23/06/2022	French	PDF
Abridged model	31/12/2020	30/05/2021	25/06/2021	French	PDF
Abridged model	31/12/2019	29/05/2020	22/06/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	02/07/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	22/06/2018	French	PDF
Abridged model	31/12/2016	26/05/2017	30/05/2017	French	PDF
Abridged model	31/12/2015	22/03/2016	31/05/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	26/06/2015	French	PDF
Abridged model	31/12/2013	27/05/2014	04/07/2014	French	PDF
Abridged model	31/12/2012	28/05/2013	23/07/2013	French	PDF
Abridged model	31/12/2011	22/05/2012	07/06/2012	French	PDF
Abridged model	31/12/2010	27/05/2011	04/07/2011	French	PDF
Abridged model	31/12/2009	28/05/2010	24/06/2010	French	PDF
Abridged model	31/12/2008	29/05/2009	19/06/2009	French	PDF
Abridged model	31/12/2007	30/05/2008	04/07/2008	French	PDF
Abridged model	31/12/2006	25/05/2007	30/07/2007	French	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 31/12/2025 · 1 active · 5 ended

Active mandates

Emmanuel Ghesquière

Director · since 19 juillet 2024

Active

Ended mandates

Pierre Tits

Director · since 29 mars 2016

Ended

PIERRE TITS

Administrator - manager · since 17 septembre 2009

Ended

PIERRE TITS

Manager · since 17 septembre 2009

Ended

MARC HOMBERGEN

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates11/01/2024
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Restructuring18/10/2017
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring27/07/2017
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates21/04/2016
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates28/09/2009
DEMISSIONS, NOMINATIONS
PDF
Capital / shares08/11/2006
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - 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

2025
Annual accounts 2025100,8 k €↑
2024
Annual accounts 202498,7 k €↑
2023
Annual accounts 202376,2 k €↑
2022
Annual accounts 202263,1 k €↓
2021
Annual accounts 202164,8 k €↓
2020
Annual accounts 202068,4 k €↑
2019
Annual accounts 201963,3 k €↑
2018
Annual accounts 201862 k €↑
2017
Annual accounts 201755,1 k €↑
2016
Annual accounts 201644,4 k €↑
2015
Annual accounts 201539,4 k €↓
2014
Annual accounts 201442,8 k €↓
2013
Annual accounts 201347 k €↑
2012
Annual accounts 201246,4 k €↑
2011
Annual accounts 201139,7 k €↑
2010
Annual accounts 201035,2 k €↓
2009
Annual accounts 200940,2 k €↑
2008
Annual accounts 200825,2 k €↑
2007
Annual accounts 200723,5 k €↓
2006
Annual accounts 200624,6 k €
09/09/1988
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

COGER

Overview

What does COGER do?

Trend over 20 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