ACTIVE

COUVIREST

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Financial year 2026 · closed on 28/02/2026

Net result

488,9 €

-97.3% YoY

Gross margin

143,8 k €

-15.9% YoY

Equity

93,9 k €

+0.5% YoY

Workforce

2,8 ETP

-12.5% YoY

What does COUVIREST do?

COUVIREST is a Public limited company incorporated in 1993. Its registered office is in Couvin. It employs on average 2,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.456.725

Incorporation

22/02/1993

Legal form

Public limited company

Registered office

Place Général-Piron 2
5660 Couvin · WallonieSee on map

Contributed capital

61 999,98 €

Latest accounts

28/02/2026

Average workforce

2,8 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	143,8 k €	-15.9%	170,9 k €	+6.2%	161 k €	+16.0%	138,8 k €	+254%	39,2 k €	+110%	18,7 k €	-47.8%	35,9 k €	+45.2%	24,7 k €	-28.4%	34,5 k €	+13.4%	30,4 k €	-34.2%	46,2 k €	-24.5%	61,2 k €	+13.6%	53,9 k €	-17.8%	65,6 k €	+3.2%	63,6 k €	-11.4%	71,8 k €	+6.4%	67,4 k €	-13.8%	78,2 k €	+21.8%	64,2 k €	+13.3%	56,7 k €
EBITDA	13 k €	-59.0%	31,7 k €	-13.6%	36,7 k €	-39.3%	60,4 k €	+160%	23,2 k €	+177%	8,4 k €	-52.6%	17,7 k €	+3580%	481 €	-95.6%	10,9 k €	+688%	-1,8 k €	-107%	27,8 k €	-11.4%	31,4 k €	+201%	10,4 k €	+132%	4,5 k €	-73.1%	16,7 k €	-35.1%	25,8 k €	-14.9%	30,3 k €	-13.2%	34,9 k €	+9.2%	32 k €	+38.2%	23,1 k €
Operating result	497,7 €	-97.6%	20,6 k €	-18.6%	25,4 k €	-52.6%	53,5 k €	+171%	19,7 k €	+269%	5,3 k €	-63.3%	14,6 k €	+719%	-2,4 k €	-138%	6,1 k €	+194%	-6,6 k €	-128%	23,1 k €	-10.3%	25,7 k €	+431%	4,8 k €	+590%	-989 €	-122%	4,4 k €	-66.6%	13,3 k €	-48.5%	25,9 k €	+188%	9 k €	+11.0%	8,1 k €	+200%	-8,1 k €
Net result	488,9 €	-97.3%	17,8 k €	-4.2%	18,6 k €	-54.8%	41,1 k €	+106%	20 k €	+334%	4,6 k €	-52.4%	9,7 k €	+344%	-4 k €	-189%	4,5 k €	+150%	-9 k €	-142%	21,4 k €	+113%	10 k €	+258%	-6,4 k €	-2763%	239 €	+88.2%	127 €	-98.6%	9,3 k €	-57.7%	21,9 k €	+367%	4,7 k €	+18.5%	4 k €	+128%	-13,9 k €
Balance sheet
Equity	93,9 k €	+0.5%	93,4 k €	+23.5%	75,7 k €	-22.1%	97,1 k €	+73.3%	56 k €	+55.3%	36,1 k €	+14.6%	31,5 k €	+44.4%	21,8 k €	-15.4%	25,8 k €	+10.5%	23,3 k €	-27.8%	32,3 k €	+196%	10,9 k €	+1180%	851 €	-88.2%	7,2 k €	+3.4%	7 k €	+1.9%	6,8 k €	+383%	-2,4 k €	+90.1%	-24,3 k €	+16.2%	-29 k €	+12.0%	-33 k €
Total assets	122,9 k €	-1.3%	124,5 k €	-33.9%	188,4 k €	+28.0%	147,2 k €	+138%	61,9 k €	+61.0%	38,4 k €	-28.2%	53,5 k €	+6.6%	50,2 k €	+3.9%	48,3 k €	-13.1%	55,5 k €	-8.6%	60,8 k €	+27.3%	47,8 k €	-10.6%	53,4 k €	-11.9%	60,6 k €	-18.5%	74,3 k €	-8.6%	81,3 k €	+93.4%	42 k €	+33.5%	31,5 k €	-26.8%	43 k €	-48.2%	83 k €
Cash	46,5 k €	-0.5%	46,7 k €	-12.5%	53,4 k €	-24.2%	70,4 k €	+351%	15,6 k €	+1090%	1,3 k €	-62.5%	3,5 k €	+170%	1,3 k €	+8.4%	1,2 k €	-62.9%	3,2 k €	+32.2%	2,4 k €	-56.0%	5,6 k €	+567%	832 €	-42.6%	1,5 k €	-82.0%	8 k €	+95.9%	4,1 k €	+6.3%	3,9 k €	-27.7%	5,3 k €	+249%	1,5 k €	-67.6%	4,7 k €
Debts	28,9 k €	-6.8%	31 k €	-72.5%	112,7 k €	+132%	48,5 k €	+733%	5,8 k €	+148%	2,3 k €	-89.3%	22 k €	-22.4%	28,4 k €	+25.9%	22,5 k €	-30.1%	32,2 k €	+13.1%	28,5 k €	-22.7%	36,9 k €	-29.8%	52,5 k €	-1.6%	53,4 k €	-20.7%	67,4 k €	-9.6%	74,5 k €	+67.5%	44,5 k €	-20.4%	55,8 k €	-22.5%	72 k €	-37.9%	115,9 k €
Other
Workforce	2,8 ETP	-12.5%	3,2 ETP	+18.5%	2,7 ETP	+58.8%	1,7 ETP		–		–		–		–		–		–		0,6 ETP	0.0%	0,6 ETP	-45.5%	1,1 ETP	-45.0%	2,0 ETP	+33.3%	1,5 ETP	+7.1%	1,4 ETP	+27.3%	1,1 ETP	-15.4%	1,3 ETP	+18.2%	1,1 ETP	0.0%	1,1 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 28/02/2026 · 2 active · 1 ended

Active mandates

COUVIREST

Director · since 01 mars 2022 · 0449.456.725

Active

DAVID BRASSEUR

Director · since 01 mars 2022

Active

Ended mandates

PHILIPPE GOENS

Manager

Ended

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/03/2025	01/03/2024	01/03/2023	01/03/2022	01/03/2021	01/03/2020
Closing of the financial year	28/02/2026	28/02/2025	29/02/2024	28/02/2023	28/02/2022	28/02/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/09/2026	30/11/2025	07/10/2024	06/10/2023	14/09/2022	01/10/2021
General meeting	15/08/2026	16/08/2025	17/07/2024	19/08/2023	20/08/2022	21/08/2021
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	28/02/2026	15/08/2026	18/09/2026	French	PDF
Abridged model	28/02/2025	16/08/2025	30/11/2025	French	PDF
Abridged model	29/02/2024	17/07/2024	07/10/2024	French	PDF
Abridged model	28/02/2023	19/08/2023	06/10/2023	French	PDF
Abridged model	28/02/2022	20/08/2022	14/09/2022	French	PDF
Micro model	28/02/2021	21/08/2021	01/10/2021	French	PDF
Micro model	29/02/2020	15/08/2020	17/08/2020	French	PDF
Micro model	28/02/2019	17/08/2019	12/09/2019	French	PDF
Micro model	28/02/2018	18/08/2018	12/09/2018	French	PDF
Abridged model	28/02/2017	19/08/2017	11/09/2017	French	PDF
Abridged model	29/02/2016	20/08/2016	28/09/2016	French	PDF
Abridged model	28/02/2015	15/08/2015	29/09/2015	French	PDF
Abridged model	28/02/2014	16/08/2014	18/09/2014	French	PDF
Abridged model	28/02/2013	17/08/2013	26/09/2013	French	PDF
Abridged model	28/02/2012	18/08/2012	28/09/2012	French	PDF
Abridged model	28/02/2011	20/08/2011	31/10/2011	French	PDF
Abridged model	28/02/2010	21/08/2010	31/08/2010	French	PDF
Abridged model	28/02/2009	16/08/2009	28/08/2009	French	PDF
Abridged model	29/02/2008	16/08/2008	23/09/2008	French	PDF
Abridged model	28/02/2007	18/08/2007	29/08/2007	French	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 28/02/2026 · 2 active · 1 ended

Active mandates

COUVIREST

Director · since 01 mars 2022 · 0449.456.725

Active

DAVID BRASSEUR

Director · since 01 mars 2022

Active

Ended mandates

PHILIPPE GOENS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other09/08/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - ASSEMBLEE GENERALE
PDF
Mandates19/04/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates24/05/2016
DEMISSIONS, NOMINATIONS
PDF
Capital / shares26/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates03/08/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates28/05/2004
SIEGE SOCIAL - 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

2026
Annual accounts 2026488,9 €↓
2025
Annual accounts 202517,8 k €↓
2024
Annual accounts 202418,6 k €↓
2023
Annual accounts 202341,1 k €↑
2022
Annual accounts 202220 k €↑
2021
Annual accounts 20214,6 k €↓
2020
Annual accounts 20209,7 k €↑
2019
Annual accounts 2019-4 k €↓
2018
Annual accounts 20184,5 k €↑
2017
Annual accounts 2017-9 k €↓
2016
Annual accounts 201621,4 k €↑
2015
Annual accounts 201510 k €↑
2014
Annual accounts 2014-6,4 k €↓
2013
Annual accounts 2013239 €↑
2012
Annual accounts 2012127 €↓
2011
Annual accounts 20119,3 k €↓
2010
Annual accounts 201021,9 k €↑
2009
Annual accounts 20094,7 k €↑
2008
Annual accounts 20084 k €↑
2007
Annual accounts 2007-13,9 k €
22/02/1993
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

COUVIREST

Overview

What does COUVIREST do?

Trend over 20 financial years

Indicative valuation

Board of directors

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