ACTIVE

COPILOT

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

154,7 k €

+132.8% YoY

Gross margin

497,9 k €

+75.7% YoY

Equity

305,5 k €

+13.3% YoY

Workforce

2,3 ETP

+35.3% YoY

What does COPILOT do?

COPILOT is a Private limited company incorporated in 1989. Its main activity is: Management consultancy activities. Its registered office is in Liège. It employs on average 2,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.107.824

Incorporation

01/08/1989

Legal form

Private limited company

Registered office

Quai Godefroid-Kurth 30
4020 Liège · WallonieSee on map

Contributed capital

82 051,37 €

Latest accounts

31/12/2024

Average workforce

2,3 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	497,9 k €	+75.7%	283,3 k €	+15.0%	246,3 k €	+23.9%	198,9 k €	+17.0%	170 k €	-23.0%	220,8 k €	+10.8%	199,4 k €	-12.1%	226,9 k €	+22.6%	185 k €	-2.3%	189,3 k €	-8.5%	207 k €	+15.2%	179,7 k €	+47.3%	122 k €	+12.5%	108,4 k €	+38.7%	78,2 k €	+32.2%	59,1 k €	-67.8%	183,6 k €	+5.6%	173,8 k €	-17.2%	210 k €
EBITDA	302,7 k €	+99.8%	151,5 k €	+7.7%	140,7 k €	+52.1%	92,5 k €	+10.2%	83,9 k €	-32.6%	124,4 k €	+24.4%	100,1 k €	+36.2%	73,4 k €	-20.4%	92,2 k €	-2.3%	94,4 k €	+6.8%	88,3 k €	+120%	40,2 k €	+17.0%	34,3 k €	+190%	11,8 k €	+57.3%	7,5 k €	+203%	2,5 k €	-98.0%	126,3 k €	-3.6%	131 k €	-10.8%	146,9 k €
Operating result	271,8 k €	+121%	122,8 k €	+27.1%	96,7 k €	+71.1%	56,5 k €	+34.2%	42,1 k €	-37.6%	67,4 k €	+46.4%	46,1 k €	+31.3%	35,1 k €	-13.4%	40,5 k €	+14.9%	35,3 k €	-10.8%	39,5 k €	+196%	13,4 k €	-48.2%	25,8 k €	+176%	9,4 k €	+47.5%	6,3 k €	+33.7%	4,7 k €	-96.2%	124 k €	+73.0%	71,7 k €	-49.3%	141,3 k €
Net result	154,7 k €	+133%	66,5 k €	+30.5%	50,9 k €	+381%	10,6 k €	+854%	1,1 k €	-93.0%	15,8 k €	+1234%	1,2 k €	-60.5%	3 k €	-78.4%	13,9 k €	+177%	5 k €	+128%	-17,6 k €	-619%	3,4 k €	-78.7%	15,9 k €	+129%	-54,3 k €	-2662%	2,1 k €	-46.4%	4 k €	-95.9%	96,9 k €	+53.0%	63,3 k €	-30.2%	90,8 k €
Balance sheet
Equity	305,5 k €	+13.3%	269,7 k €	+1.7%	265,1 k €	+5.6%	251 k €	+4.4%	240,4 k €	+0.5%	239,3 k €	+7.1%	223,5 k €	+0.5%	222,3 k €	+1.4%	219,3 k €	+6.8%	205,4 k €	+2.5%	200,4 k €	-8.1%	218 k €	+1.6%	214,6 k €	+8.0%	198,7 k €	-21.5%	253 k €	+41.3%	179,1 k €	+2.3%	175,1 k €	+44.4%	121,2 k €	+0.3%	120,9 k €
Total assets	1,2 M €	+33.4%	863,4 k €	-3.1%	890,7 k €	+10.6%	805,7 k €	-1.4%	817,1 k €	+4.8%	779,9 k €	-7.9%	847,2 k €	-9.3%	934,1 k €	-17.4%	1,1 M €	-4.8%	1,2 M €	+4.3%	1,1 M €	+29.0%	883,4 k €	-1.2%	894,2 k €	+48.4%	602,4 k €	+13.8%	529,4 k €	+66.8%	317,5 k €	+12.9%	281,3 k €	+23.5%	227,7 k €	-27.6%	314,3 k €
Cash	277,2 k €	+73.2%	160 k €		–		19,5 k €	+53.6%	12,7 k €	+2.6%	12,4 k €	+214%	3,9 k €	-86.9%	30 k €	-55.8%	68 k €	+314%	16,4 k €	+20.2%	13,7 k €	+903%	1,4 k €	-96.6%	40,5 k €	+3359%	1,2 k €	-91.8%	14,3 k €	+269%	3,9 k €	+59.5%	2,4 k €	-61.9%	6,4 k €	+56.3%	4,1 k €
Debts	820,7 k €	+45.0%	565,9 k €	-9.1%	622,3 k €	+14.3%	544,4 k €	-4.5%	569,9 k €	+6.9%	533,2 k €	-13.1%	613,4 k €	-12.5%	700,9 k €	-22.8%	908 k €	-7.3%	979,4 k €	+6.1%	922,9 k €	+39.3%	662,5 k €	-2.4%	678,7 k €	+68.2%	403,5 k €	+49.2%	270,4 k €	+107%	130,6 k €	+24.0%	105,3 k €	-0.4%	105,8 k €	-44.6%	191 k €
Other
Workforce	2,3 ETP	+35.3%	1,7 ETP	+21.4%	1,4 ETP	0.0%	1,4 ETP	0.0%	1,4 ETP	-6.7%	1,5 ETP	+7.1%	1,4 ETP	0.0%	1,4 ETP	-6.7%	1,5 ETP	+36.4%	1,1 ETP	-21.4%	1,4 ETP	+27.3%	1,1 ETP	+22.2%	0,9 ETP	-50.0%	1,8 ETP	+125%	0,8 ETP	-11.1%	0,9 ETP	+12.5%	0,8 ETP	0.0%	0,8 ETP	-20.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 7 active · 63 ended

Active mandates

EPC Consult

Managing director · since 01 septembre 2024 · until 30 juin 2028 · 0828.122.355

Represented by Pascal ERPICUM

Active

CHRISTIAN BERTRAND SCS

Director · since 05 février 2019 · until 30 juin 2025 · 0504.857.284

Represented by Christian BERTRAND

Active

FINANCE & MANAGEMENT CONSULTING

Director · since 30 avril 2010 · until 30 juin 2025 · 0477.647.794

Represented by Michel HARDY

Active

Frédéric LOVERIUS

Director

Active

GESTYS

Managing director · 0479.241.168

Represented by Yves BESSEMANS

Active

Samuel RIZZO

Director

Active

VPG

Director · 0457.365.688

Represented by Vincent PISSSART

Active

Ended mandates

ARVEST GROUP

Director · since 30 avril 2021 · until 30 juin 2023 · 0838.550.746

Represented by Yves WARANT

Ended

VPG

Director · since 30 avril 2021 · until 30 juin 2023 · 0457.365.688

Represented by Vincent PISSART

Ended

ARVEST GROUP

Director · since 01 février 2021 · until 21 septembre 2022 · 0838.550.746

Represented by Yves WARANT

Ended

ARVEST GROUP

Director · since 01 février 2021 · until 30 juin 2023 · 0838.550.746

Represented by Yves WARANT

Ended

At this address

Other companies at this address

Company	CBE no.
COPILOT GROUPE UT● Active	1027.803.288
COPILOT MANAGEMENT● Active	0475.645.042
COPILOT PATRIMOINE● Active	0818.046.035
Société du Quai● Active	0466.453.994

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	30/07/2024	06/07/2023	28/07/2022	27/07/2021	26/08/2020
General meeting	17/06/2025	24/06/2024	20/06/2023	14/06/2022	15/06/2021	26/06/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	17/06/2025	25/07/2025	French	PDF
Abridged model	31/12/2023	24/06/2024	30/07/2024	French	PDF
Abridged model	31/12/2022	20/06/2023	06/07/2023	French	PDF
Abridged model	31/12/2021	14/06/2022	28/07/2022	French	PDF
Abridged model	31/12/2020	15/06/2021	27/07/2021	French	PDF
Abridged model	31/12/2019	26/06/2020	26/08/2020	French	PDF
Abridged model	31/12/2018	01/07/2019	25/07/2019	French	PDF
Abridged model	31/12/2017	25/07/2018	27/07/2018	French	PDF
Abridged model	31/12/2016	18/07/2017	10/08/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	24/08/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	23/07/2015	French	PDF
Abridged model	31/12/2013	26/06/2014	15/07/2014	French	PDF
Abridged model	31/12/2012	27/06/2013	09/07/2013	French	PDF
Abridged model	31/12/2011	15/06/2012	30/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	03/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	16/07/2009	French	PDF
Abridged model	31/12/2007	02/07/2008	11/07/2008	French	PDF
Abridged model	31/12/2006	22/06/2007	25/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 7 active · 63 ended

Active mandates

EPC Consult

Managing director · since 01 septembre 2024 · until 30 juin 2028 · 0828.122.355

Represented by Pascal ERPICUM

Active

CHRISTIAN BERTRAND SCS

Director · since 05 février 2019 · until 30 juin 2025 · 0504.857.284

Represented by Christian BERTRAND

Active

FINANCE & MANAGEMENT CONSULTING

Director · since 30 avril 2010 · until 30 juin 2025 · 0477.647.794

Represented by Michel HARDY

Active

Frédéric LOVERIUS

Director

Active

GESTYS

Managing director · 0479.241.168

Represented by Yves BESSEMANS

Active

Samuel RIZZO

Director

Active

VPG

Director · 0457.365.688

Represented by Vincent PISSSART

Active

Ended mandates

ARVEST GROUP

Director · since 30 avril 2021 · until 30 juin 2023 · 0838.550.746

Represented by Yves WARANT

Ended

VPG

Director · since 30 avril 2021 · until 30 juin 2023 · 0457.365.688

Represented by Vincent PISSART

Ended

ARVEST GROUP

Director · since 01 février 2021 · until 21 septembre 2022 · 0838.550.746

Represented by Yves WARANT

Ended

ARVEST GROUP

Director · since 01 février 2021 · until 30 juin 2023 · 0838.550.746

Represented by Yves WARANT

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates09/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates05/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates05/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates26/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates09/02/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates17/06/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates29/01/2021
DEMISSIONS, NOMINATIONS
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 2024154,7 k €↑
2023
Annual accounts 202366,5 k €↑
2022
Annual accounts 202250,9 k €↑
2021
Annual accounts 202110,6 k €↑
2020
Annual accounts 20201,1 k €↓
2019
Annual accounts 201915,8 k €↑
2018
Annual accounts 20181,2 k €↓
2017
Annual accounts 20173 k €↓
2016
Annual accounts 201613,9 k €↑
2015
Annual accounts 20155 k €↑
2014
Annual accounts 2014-17,6 k €↓
2013
Annual accounts 20133,4 k €↓
2012
Annual accounts 201215,9 k €↑
2011
Annual accounts 2011-54,3 k €↓
2010
Annual accounts 20102,1 k €↓
2009
Annual accounts 20094 k €↓
2008
Annual accounts 200896,9 k €↑
2007
Annual accounts 200763,3 k €↓
2006
Annual accounts 200690,8 k €
01/08/1989
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

COPILOT

Overview

What does COPILOT do?

Trend over 19 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