ACTIVE

COFACE BELGIUM SERVICES

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Financial year 2025 · Closed on 31/12/2025

Net result
-970,6 k €
-523,1 %over 1 year
Revenue
5 M €
+1,0 %over 1 year
Equity
4,1 M €
-19,3 %over 1 year
Workforce
14,0 ETP
+55,6 %over 1 year

Identity

Source · BCE/KBO

COFACE BELGIUM SERVICES is a Public limited company incorporated in 1993. Its main activity is: Data processing, hosting and related activities; web portals. Its registered office is in Watermael-Boitsfort. It employs on average 14,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.002.884
Incorporation
05/10/1993
Legal form
Public limited company
Registered office
Boulevard du Souverain 100
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
5 019 000,00 €
Latest accounts
31/12/2025
Average workforce
14,0 ETP
Joint committees (1)
  • 200
Signals
Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue5 M €4,9 M €4,8 M €4 M €4,1 M €
EBITDA-1,1 M €64,5 k €39 k €105,3 k €698,3 k €
Operating result-1,1 M €-167,3 k €-40,8 k €-44,3 k €669,2 k €
Net result-970,6 k €-155,8 k €-69 k €66,4 k €563,4 k €
Balance sheet
Equity4,1 M €5 M €5,2 M €5,3 M €5,3 M €
Total assets5,9 M €6,9 M €6,8 M €9,4 M €9,3 M €
Cash1,4 M €699,9 k €1,5 M €1,4 M €1,7 M €
Debts1,1 M €1,3 M €836,1 k €3,2 M €3,2 M €
Other
Workforce14,0 ETP9,0 ETP6,0 ETP6,5 ETP7,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 26 ended

Active mandates

Alexandre LACREU

Mandate

Active
Alix LA BALME

Mandate

Active
Benoit COPPENS

Mandate

Active
Carine PICHON

Mandate

Active
Olga Rushakova

Mandate

Active

Ended mandates

Alix LA BALME

Director · since 20 juillet 2018 · until 31 mai 2023

Ended
Alix LA BALME

Director · since 20 juillet 2018 · until 31 mai 2028

Ended
Antonio MARCHITELLI

Director · since 20 juillet 2018 · until 31 mai 2023

Ended
Benoit COPPENS

Director · since 20 juillet 2018 · until 31 mai 2023

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/07/202607/08/202524/01/202530/01/202423/03/202314/10/2021
General meeting30/06/202624/07/202516/12/202430/11/202310/10/202209/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202606/07/2026FrenchPDF
Full model31/12/202424/07/202507/08/2025FrenchPDF
Full model31/12/202316/12/202424/01/2025FrenchPDF
Full model31/12/202230/11/202330/01/2024FrenchPDF
Full model31/12/202110/10/202223/03/2023FrenchPDF
Full model31/12/202009/09/202114/10/2021FrenchPDF
Full model31/12/201909/11/202018/11/2020FrenchPDF
Full model31/12/201815/10/201928/01/2020FrenchPDF
Full model31/12/201703/12/201821/05/2019FrenchPDF
Full model31/12/201620/07/201720/09/2017FrenchPDF
Full model31/12/201520/07/201629/08/2016FrenchPDF
Full model31/12/201422/07/201515/10/2015FrenchPDF
Full model31/12/201311/06/201427/10/2014FrenchPDF
Full model31/12/201210/06/201313/11/2013FrenchPDF
Full model31/12/201120/07/201203/10/2012FrenchPDF
Full model31/12/201022/07/201117/11/2011FrenchPDF
Full model31/12/200903/08/201012/08/2010FrenchPDF
Full model31/12/200822/07/200924/07/2009FrenchPDF
Full model31/12/200720/10/200801/12/2008FrenchPDF
Full model31/12/200620/08/200706/11/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 26 ended

Active mandates

Alexandre LACREU

Mandate

Active
Alix LA BALME

Mandate

Active
Benoit COPPENS

Mandate

Active
Carine PICHON

Mandate

Active
Olga Rushakova

Mandate

Active

Ended mandates

Alix LA BALME

Director · since 20 juillet 2018 · until 31 mai 2023

Ended
Alix LA BALME

Director · since 20 juillet 2018 · until 31 mai 2028

Ended
Antonio MARCHITELLI

Director · since 20 juillet 2018 · until 31 mai 2023

Ended
Benoit COPPENS

Director · since 20 juillet 2018 · until 31 mai 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other13/04/2026
    OBJET
    PDF
  • Mandates08/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/04/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/06/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/02/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/04/2017
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-970,6 k €↓
  2. 2024
    Annual accounts 2024-155,8 k €↓
  3. 2023
    Annual accounts 2023-69 k €↓
  4. 2022
    Annual accounts 202266,4 k €↓
  5. 2021
    Annual accounts 2021563,4 k €↓
  6. 2020
    Annual accounts 20201,1 M €↑
  7. 2019
    Annual accounts 20191 M €↑
  8. 2018
    Annual accounts 2018504,6 k €↓
  9. 2017
    Annual accounts 2017552,1 k €↓
  10. 2016
    Annual accounts 2016750,4 k €↑
  11. 2015
    Annual accounts 2015282,5 k €↑
  12. 2013
    Annual accounts 2013-362,4 k €↓
  13. 2012
    Annual accounts 201275,1 k €↓
  14. 2011
    Annual accounts 201188,1 k €↑
  15. 2010
    Annual accounts 2010-2,7 M €↓
  16. 2008
    Annual accounts 2008636,9 k €↑
  17. 2007
    Annual accounts 2007282,3 k €
  18. 05/10/1993
    IncorporationPublic limited company