ACTIVE

COPERNIC

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Financial year 2025 · closed on 31/12/2025

Net result

33,2 k €

+104.1% YoY

Gross margin

204,4 k €

+15.0% YoY

Equity

272,7 k €

+13.8% YoY

What does COPERNIC do?

COPERNIC is a Private limited company incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.266.692

Incorporation

05/10/1992

Legal form

Private limited company

Registered office

Val de la Futaie 5
1000 Bruxelles · BruxellesSee on map

Contributed capital

50 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

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

Joint committees (2)

Signals

ProfitablePositive 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	204,4 k €	+15.0%	177,7 k €	-15.9%	211,2 k €	+12.3%	188,1 k €	-12.3%	214,6 k €	+2.4%	209,7 k €	+8.4%	193,5 k €	+15.2%	168 k €	+97.4%	85,1 k €	-56.0%	193,4 k €	+2.8%	188 k €	+8.9%	172,7 k €	-42.8%	301,8 k €	+20.8%	250 k €	+29.8%	192,5 k €	+1.3%	190,1 k €	-55.7%	428,6 k €	+114%	200,4 k €	+12.1%	178,7 k €	-25.1%	238,5 k €
EBITDA	187,6 k €	+16.4%	161,2 k €	-17.4%	195,3 k €	+12.5%	173,6 k €	-13.4%	200,4 k €	+3.0%	194,6 k €	+8.4%	179,5 k €	+16.3%	154,4 k €	+115%	71,7 k €	-60.1%	179,9 k €	+2.3%	175,9 k €	+9.5%	160,6 k €	-44.6%	289,7 k €	+21.5%	238,4 k €	+32.2%	180,4 k €	+2.6%	175,8 k €	-57.2%	410,8 k €	+129%	179,6 k €	+6.1%	169,3 k €	-16.4%	202,4 k €
Operating result	68,9 k €	+60.2%	43 k €	-52.9%	91,3 k €	+21.8%	75 k €	-28.0%	104,2 k €	+13.5%	91,8 k €	+114%	42,9 k €	-11.0%	48,2 k €	+242%	-34 k €	-150%	68,4 k €	+113%	32,1 k €	+814%	-4,5 k €	-104%	125,5 k €	+70.7%	73,5 k €	+412%	14,4 k €	-16.9%	17,3 k €	-92.4%	225,9 k €	+397%	45,5 k €	+28.5%	35,4 k €	-50.5%	71,5 k €
Net result	33,2 k €	+104%	16,3 k €	-67.5%	50 k €	-21.5%	63,8 k €	-31.3%	92,8 k €	+23.9%	74,9 k €	+179%	26,8 k €	+69.3%	15,8 k €	+124%	-66,6 k €	-260%	41,6 k €	+654%	-7,5 k €	+89.4%	-71 k €	-251%	47,1 k €	+440%	-13,9 k €	+83.6%	-84,7 k €	-5.1%	-80,6 k €	-245%	55,5 k €	+173%	-76,5 k €	-618%	-10,6 k €	-172%	14,9 k €
Balance sheet
Equity	272,7 k €	+13.8%	239,6 k €	+7.3%	223,3 k €	+28.9%	173,3 k €	+58.2%	109,5 k €	-34.3%	166,7 k €	+81.7%	91,7 k €	-65.4%	264,9 k €	+6.4%	249 k €	-59.5%	615,7 k €	+7.2%	574,1 k €	-1.3%	581,6 k €	+28.5%	452,6 k €	+11.6%	405,5 k €	-3.3%	419,4 k €	-16.8%	504,1 k €	+31.0%	384,7 k €	+16.9%	329,1 k €	-18.9%	405,6 k €	-2.6%	416,3 k €
Total assets	2,2 M €	-0.5%	2,2 M €	+5.6%	2,1 M €	+0.8%	2,1 M €	-1.3%	2,1 M €	-3.9%	2,2 M €	-11.4%	2,5 M €	+3.6%	2,4 M €	-4.2%	2,5 M €	-3.8%	2,6 M €	-3.5%	2,7 M €	-5.1%	2,8 M €	-5.7%	3 M €	-3.6%	3,1 M €	-5.2%	3,3 M €	-2.1%	3,3 M €	-18.5%	4,1 M €	+50.8%	2,7 M €	+1.2%	2,7 M €	-1.6%	2,7 M €
Cash	3 k €	+86.6%	1,6 k €	+764%	187,5 €	-98.7%	14,4 k €		–		4,3 k €	+1572%	255,7 €		–		–		2,2 k €		–		15,9 k €	-68.4%	50,2 k €	+5897%	837,6 €	-77.3%	3,7 k €	-76.0%	15,4 k €	+2560%	578,1 €	-82.8%	3,4 k €	-71.3%	11,7 k €	-60.3%	29,6 k €
Debts	1,8 M €	-2.6%	1,8 M €	+6.3%	1,7 M €	-2.3%	1,7 M €	-4.7%	1,8 M €	-1.3%	1,9 M €	-16.2%	2,2 M €	+13.4%	2 M €	-5.9%	2,1 M €	+14.4%	1,8 M €	-6.1%	1,9 M €	-5.9%	2,1 M €	-12.3%	2,3 M €	-6.3%	2,5 M €	-5.6%	2,6 M €	+0.9%	2,6 M €	-25.1%	3,5 M €	+55.3%	2,3 M €	+5.3%	2,1 M €	-0.0%	2,1 M €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

Pierre NICAISE

Director · since 19 novembre 2014

Active

Ended mandates

Martine DUPONT

Manager · since 19 novembre 2014

Ended

Pierre NICAISE

Manager · since 19 novembre 2014

Ended

Jean NOCKERMAN

Director · since 26 novembre 2013 · until 19 novembre 2014

Ended

JEAN NOCKERMAN

Director · since 26 novembre 2013 · until 26 novembre 2019

Ended

At this address

Other companies at this address

Company	CBE no.
Pierre NICAISE● Active	0553.757.459
P. NICAISE● Active	1002.865.875

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	01/01/2025	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	17/06/2026	20/06/2025	28/06/2024	13/06/2023	24/06/2022	21/06/2021
General meeting	01/06/2026	02/06/2025	01/06/2024	01/06/2023	01/06/2022	01/06/2021
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
Micro model	31/12/2025	01/06/2026	17/06/2026	French	PDF
Micro model	31/12/2024	02/06/2025	20/06/2025	French	PDF
Micro model	31/12/2023	01/06/2024	28/06/2024	French	PDF
Micro model	31/12/2022	01/06/2023	13/06/2023	French	PDF
Micro model	31/12/2021	01/06/2022	24/06/2022	French	PDF
Micro model	31/12/2020	01/06/2021	21/06/2021	French	PDF
Micro model	31/12/2019	01/06/2020	15/06/2020	French	PDF
Micro model	31/12/2018	01/06/2019	11/06/2019	French	PDF
Micro model	31/12/2017	01/06/2018	23/07/2018	French	PDF
Abridged model	31/12/2016	01/06/2017	27/06/2017	French	PDF
Abridged model	31/12/2015	01/06/2016	24/06/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	10/06/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	20/06/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	27/06/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	01/06/2011	18/07/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	13/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	26/08/2009	French	PDF
Abridged model	31/12/2007	29/06/2008	22/07/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	23/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 1 active · 12 ended

Active mandates

Pierre NICAISE

Director · since 19 novembre 2014

Active

Ended mandates

Martine DUPONT

Manager · since 19 novembre 2014

Ended

Pierre NICAISE

Manager · since 19 novembre 2014

Ended

Jean NOCKERMAN

Director · since 26 novembre 2013 · until 19 novembre 2014

Ended

JEAN NOCKERMAN

Director · since 26 novembre 2013 · until 26 novembre 2019

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/02/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates11/01/2019
DEMISSIONS, NOMINATIONS
PDF
Capital / shares01/03/2017
CAPITAL, ACTIONS
PDF
Mandates30/12/2014
OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates16/12/2013
DEMISSIONS, NOMINATIONS
PDF
Capital / shares27/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares02/07/2010
CAPITAL, ACTIONS
PDF
Mandates14/10/2008
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

2025
Annual accounts 202533,2 k €↑
2024
Annual accounts 202416,3 k €↓
2023
Annual accounts 202350 k €↓
2022
Annual accounts 202263,8 k €↓
2021
Annual accounts 202192,8 k €↑
2020
Annual accounts 202074,9 k €↑
2019
Annual accounts 201926,8 k €↑
2018
Annual accounts 201815,8 k €↑
2017
Annual accounts 2017-66,6 k €↓
2016
Annual accounts 201641,6 k €↑
2015
Annual accounts 2015-7,5 k €↑
2014
Annual accounts 2014-71 k €↓
2013
Annual accounts 201347,1 k €↑
2012
Annual accounts 2012-13,9 k €↑
2011
Annual accounts 2011-84,7 k €↓
2010
Annual accounts 2010-80,6 k €↓
2009
Annual accounts 200955,5 k €↑
2008
Annual accounts 2008-76,5 k €↓
2007
Annual accounts 2007-10,6 k €↓
2006
Annual accounts 200614,9 k €
05/10/1992
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

COPERNIC

Overview

What does COPERNIC 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