ACTIVE

COBOSYSTEMS

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Financial year 2024 · closed on 31/12/2024

Net result

37,8 k €

+401.9% YoY

Gross margin

150,4 k €

+50.9% YoY

Equity

423,2 k €

+9.8% YoY

Workforce

1,0 ETP

0.0% YoY

What does COBOSYSTEMS do?

COBOSYSTEMS is a Public limited company incorporated in 1989. Its registered office is in Ixelles. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.812.963

Incorporation

06/07/1989

Legal form

Public limited company

Registered office

Avenue Louise 367
1050 Ixelles · BruxellesSee on map

Contributed capital

1 414 656,26 €

Latest accounts

31/12/2024

Average workforce

1,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	150,4 k €	+50.9%	99,6 k €	-31.0%	144,5 k €	+13.8%	126,9 k €	-1.2%	128,4 k €	-5.6%	136 k €	+22.6%	111 k €	-2.6%	113,9 k €	-18.5%	139,8 k €	-9.4%	154,3 k €	-39.3%	254,3 k €	-11.8%	288,3 k €	-17.1%	347,8 k €	+27.2%	273,4 k €	-29.8%	389,7 k €	-6.4%	416,4 k €	+18.1%	352,5 k €	-17.4%	426,6 k €
EBITDA	60,5 k €	+400%	12,1 k €	-81.5%	65,5 k €	+33.6%	49 k €	+17.8%	41,6 k €	-36.9%	65,9 k €	+53.9%	42,8 k €	-8.0%	46,6 k €	-38.3%	75,5 k €	-6.0%	80,3 k €	+1977%	-4,3 k €	-128%	15,3 k €	-80.9%	80,2 k €	+627%	-15,2 k €	-375%	5,5 k €	-85.3%	37,6 k €	+249%	-25,3 k €	-194%	27 k €
Operating result	43,9 k €	+440%	-12,9 k €	-132%	40,6 k €	+63.0%	24,9 k €	-11.6%	28,2 k €	-55.9%	63,8 k €	+50.2%	42,5 k €	-5.0%	44,8 k €	-40.0%	74,6 k €	+0.2%	74,5 k €	+1840%	-4,3 k €	-132%	13,5 k €	-74.4%	52,7 k €	+419%	-16,5 k €	-330%	7,2 k €	-78.9%	34 k €	+200%	-34 k €	-297%	17,2 k €
Net result	37,8 k €	+402%	-12,5 k €	-130%	41,4 k €	+73.0%	23,9 k €	-5.3%	25,3 k €	-59.6%	62,5 k €	+54.4%	40,5 k €	+0.8%	40,1 k €	-39.2%	66,1 k €	+8.9%	60,6 k €	+378%	-21,8 k €	-1543%	-1,3 k €	-104%	30,5 k €	+190%	-33,8 k €	-305%	-8,4 k €	-144%	19,1 k €	+138%	-50 k €	-1863%	2,8 k €
Balance sheet
Equity	423,2 k €	+9.8%	385,5 k €	-3.1%	398 k €	+11.6%	356,6 k €	+20.8%	295,2 k €	+9.4%	270 k €	+30.1%	207,4 k €	+24.3%	167 k €	+31.7%	126,8 k €	+109%	60,7 k €	+58306%	104 €	-99.5%	21,9 k €	-5.7%	23,3 k €	+423%	-7,2 k €	-127%	26,6 k €	-23.9%	35 k €	+121%	15,8 k €	-76.0%	65,8 k €
Total assets	545,7 k €	+4.7%	521,3 k €	+2.3%	509,5 k €	+8.3%	470,5 k €	+7.3%	438,3 k €	+2.2%	428,8 k €	+54.4%	277,7 k €	+17.3%	236,8 k €	+3.5%	228,8 k €	-7.7%	247,9 k €	-5.9%	263,3 k €	-21.9%	337 k €	+0.5%	335,5 k €	-8.2%	365,4 k €	+23.2%	296,6 k €	-28.9%	417 k €	-12.4%	475,8 k €	-0.7%	479,3 k €
Cash	–		–		–		–		–		–		–		13 k €	+561%	2 k €	+5585%	34,5 €	-92.5%	459 €	+53.5%	299 €	-22.8%	387,2 €	-41.9%	666,7 €	-44.6%	1,2 k €	+78.8%	672,3 €	-88.1%	5,7 k €	+71.6%	3,3 k €
Debts	122,5 k €	-9.8%	135,8 k €	+21.8%	111,5 k €	-2.2%	114 k €	-20.4%	143,1 k €	-9.9%	158,8 k €	+126%	70,3 k €	+0.6%	69,9 k €	-31.5%	102 k €	-45.5%	187,1 k €	-28.9%	263,2 k €	-16.5%	315,1 k €	+0.9%	312,2 k €	-16.2%	372,5 k €	+42.6%	261,3 k €	-31.6%	382 k €	-15.5%	452,1 k €	+13.0%	400,2 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP	-71.8%	3,9 ETP	-9.3%	4,3 ETP	-4.4%	4,5 ETP	0.0%	4,5 ETP	0.0%	4,5 ETP	0.0%	4,5 ETP	-4.3%	4,7 ETP	-17.5%	5,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 12 ended

Active mandates

Arend Jan Kornet

Managing director · since 21 mai 2013

Active

Bastiaan Klinkien

Director · since 21 mai 2013

Active

Ended mandates

Arend Jan Kornet

Managing director · since 20 juillet 2018

Ended

Bastiaan Klinkien

Director · since 20 juillet 2018

Ended

Arend Jan Kornet

Director · since 21 mai 2013

Ended

Arend Jan Kornet

Managing director · since 21 mai 2013 · until 21 mai 2019

Ended

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
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	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/07/2025	31/07/2024	27/07/2023	05/07/2022	06/07/2021	29/06/2020
General meeting	20/05/2025	21/05/2024	15/05/2023	17/05/2022	18/05/2021	19/05/2020
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
Abridged model	31/12/2024	20/05/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/05/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	15/05/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	17/05/2022	05/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/05/2021	06/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/05/2020	29/06/2020	Dutch	PDF
Abridged model	31/12/2018	21/05/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/05/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	29/06/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	19/05/2015	24/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/05/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/05/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	17/05/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	18/05/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	19/05/2009	14/07/2009	Dutch	PDF
Abridged model	31/12/2007	20/05/2008	23/06/2008	Dutch	PDF
Abridged model	31/12/2006	15/05/2007	21/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 2 active · 12 ended

Active mandates

Arend Jan Kornet

Managing director · since 21 mai 2013

Active

Bastiaan Klinkien

Director · since 21 mai 2013

Active

Ended mandates

Arend Jan Kornet

Managing director · since 20 juillet 2018

Ended

Bastiaan Klinkien

Director · since 20 juillet 2018

Ended

Arend Jan Kornet

Director · since 21 mai 2013

Ended

Arend Jan Kornet

Managing director · since 21 mai 2013 · until 21 mai 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/08/2013
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/12/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/09/2004
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares15/07/2004
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates15/06/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2004
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

2024
Annual accounts 202437,8 k €↑
2023
Annual accounts 2023-12,5 k €↓
2022
Annual accounts 202241,4 k €↑
2021
Annual accounts 202123,9 k €↓
2019
Annual accounts 201925,3 k €↓
2018
Annual accounts 201862,5 k €↑
2017
Annual accounts 201740,5 k €↑
2016
Annual accounts 201640,1 k €↓
2015
Annual accounts 201566,1 k €↑
2014
Annual accounts 201460,6 k €↑
2013
Annual accounts 2013-21,8 k €↓
2012
Annual accounts 2012-1,3 k €↓
2011
Annual accounts 201130,5 k €↑
2010
Annual accounts 2010-33,8 k €↓
2009
Annual accounts 2009-8,4 k €↓
2008
Annual accounts 200819,1 k €↑
2007
Annual accounts 2007-50 k €↓
2006
Annual accounts 20062,8 k €
06/07/1989
IncorporationPublic 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

COBOSYSTEMS

Overview

What does COBOSYSTEMS do?

Trend over 18 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