COMISEL
0454.661.368 · rovalta.com · 21/09/2026
ACTIVE
COMISEL
Financial year 2025 · closed on 31/12/2025
Net result
48,4 k €
+359.2% YoY
Gross margin
77,5 k €
+668.7% YoY
Equity
484,2 k €
+11.1% YoY
Overview
What does COMISEL do?
COMISEL is a Private limited company incorporated in 1995. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0454.661.368
Incorporation
02/03/1995
Legal form
Private limited company
Registered office
Bursebekestraat 10 box 2
2150 Antwerpen · FlandreSee on map
2150 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 77,5 k € | +669% | -13,6 k € | -209% | 12,5 k € | -60.9% | 32,1 k € | +1021% | -3,5 k € | -104% | 94,5 k € | +179% | 33,9 k € | -27.3% | 46,7 k € | +646% | -8,5 k € | -103% | 257,9 k € | +676% | 33,2 k € | +400% | -11,1 k € | -81.8% | -6,1 k € | -223% | 5,0 k € | -80.8% | 25,9 k € | +209% | -23,8 k € | -155% | 43,0 k € | -11.2% | 48,4 k € |
| EBITDA | 76,8 k € | +639% | -14,2 k € | -219% | 12,0 k € | -61.2% | 30,9 k € | +875% | -4,0 k € | -104% | 94,1 k € | +254% | 26,5 k € | -37.3% | 42,3 k € | +152% | -81,7 k € | -132% | 254,6 k € | +773% | 29,2 k € | +322% | -13,1 k € | -65.4% | -7,9 k € | -499% | 2,0 k € | -91.7% | 24,1 k € | +187% | -27,8 k € | -172% | 38,7 k € | -3.5% | 40,1 k € |
| Operating result | 68,8 k € | +495% | -17,4 k € | -282% | 9,6 k € | -68.3% | 30,3 k € | +382% | -10,8 k € | -112% | 87,3 k € | +341% | 19,8 k € | +185% | -23,1 k € | +83.6% | -141,3 k € | -5483% | -2,5 k € | +94.6% | -46,6 k € | +46.4% | -86,9 k € | -29.6% | -67,1 k € | -21.4% | -55,3 k € | -6489% | 865,0 € | +102% | -39,6 k € | -260% | 24,8 k € | +2.0% | 24,3 k € |
| Net result | 48,4 k € | +359% | -18,7 k € | -788% | 2,7 k € | -80.5% | 14,0 k € | +181% | -17,1 k € | -129% | 58,1 k € | -76.6% | 248,5 k € | +943% | -29,5 k € | +78.2% | -135,2 k € | -82.2% | -74,2 k € | -5.4% | -70,4 k € | +37.5% | -112,7 k € | -142% | 268,2 k € | +421% | -83,6 k € | -384% | -17,3 k € | -124% | 71,5 k € | +84269% | -85,0 € | -101% | 7,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 484,2 k € | +11.1% | 435,7 k € | -4.1% | 454,4 k € | +0.6% | 451,7 k € | +3.2% | 437,8 k € | -3.8% | 454,9 k € | +14.7% | 396,7 k € | +168% | 148,3 k € | -16.6% | 177,7 k € | -43.2% | 312,9 k € | -19.2% | 387,1 k € | -15.4% | 457,6 k € | -19.8% | 570,2 k € | +88.8% | 302,0 k € | -21.7% | 385,6 k € | -4.3% | 402,8 k € | +11.5% | 361,3 k € | -0.0% | 361,4 k € |
| Total assets | 629,4 k € | +22.8% | 512,4 k € | -20.8% | 646,8 k € | -13.6% | 748,6 k € | -2.1% | 764,8 k € | -10.5% | 854,9 k € | +106% | 415,9 k € | -47.9% | 798,8 k € | -6.8% | 856,9 k € | +146% | 347,8 k € | -68.4% | 1,1 M € | -11.0% | 1,2 M € | -9.8% | 1,4 M € | +9.5% | 1,3 M € | +22.6% | 1,0 M € | -7.6% | 1,1 M € | +28.5% | 862,3 k € | -2.7% | 886,4 k € |
| Cash | 614,3 € | +608% | 86,8 € | -99.7% | 34,2 k € | +72033% | 47,4 € | -99.6% | 12,3 k € | -78.3% | 56,7 k € | -79.6% | 277,3 k € | – | 1,7 k € | – | 108,7 k € | +342% | 24,6 k € | -79.4% | 119,3 k € | +29440% | 404,0 € | -98.4% | 24,8 k € | -87.3% | 195,4 k € | +50388% | 387,0 € | +1.8% | 380,0 € | ||||
| Debts | 142,9 k € | +86.5% | 76,7 k € | -60.2% | 192,4 k € | -35.2% | 296,9 k € | -9.2% | 327,0 k € | -18.3% | 400,0 k € | +1989% | 19,2 k € | -97.1% | 650,5 k € | -4.2% | 679,2 k € | +1848% | 34,9 k € | -94.8% | 669,7 k € | -8.6% | 732,5 k € | -2.4% | 750,7 k € | -16.3% | 896,7 k € | +54.9% | 578,8 k € | -10.1% | 643,8 k € | +47.9% | 435,2 k € | -4.7% | 456,7 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
MIchel SELS
ActiveEnded mandates
Michel Sels
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 17/08/2026 | 26/08/2025 | 29/07/2024 | 31/08/2023 | 19/08/2022 | 30/08/2021 |
| General meeting | 01/06/2026 | 02/06/2025 | 01/06/2024 | 01/06/2023 | 02/05/2022 | 03/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 01/06/2026 | 17/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 02/06/2025 | 26/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 01/06/2024 | 29/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 01/06/2023 | 31/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 02/05/2022 | 19/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 03/05/2021 | 30/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 13/07/2020 | 16/09/2020 | Dutch | |
| Micro model | 31/12/2018 | 03/06/2019 | 21/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 01/06/2018 | 30/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 01/06/2017 | 27/09/2017 | Dutch | |
| Abridged model | 31/12/2015 | 01/06/2016 | 30/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 01/06/2015 | 28/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 02/06/2014 | 20/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 01/06/2013 | 18/09/2013 | Dutch | |
| Abridged model | 31/12/2011 | 01/06/2012 | 31/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 01/06/2011 | 30/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 01/06/2010 | 23/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 02/06/2009 | 26/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 01/06/2008 | 26/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 01/06/2007 | 19/06/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
MIchel SELS
ActiveEnded mandates
Michel Sels
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates16/11/2023WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Registered office23/03/2020MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
- Registered office30/03/2018MAATSCHAPPELIJKE ZETEL
- Mandates24/04/2017MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Registered office14/08/2012MAATSCHAPPELIJKE ZETEL
- Mandates14/06/2010MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Registered office05/08/2004MAATSCHAPPELIJKE ZETEL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202548,4 k €↑
- 2024Annual accounts 2024-18,7 k €↓
- 2023Annual accounts 20232,7 k €↓
- 2022Annual accounts 202214,0 k €↑
- 2021Annual accounts 2021-17,1 k €↓
- 2020Annual accounts 202058,1 k €↓
- 2019Annual accounts 2019248,5 k €↑
- 2018Annual accounts 2018-29,5 k €↑
- 2017Annual accounts 2017-135,2 k €↓
- 2016Annual accounts 2016-74,2 k €↓
- 2015Annual accounts 2015-70,4 k €↑
- 2014Annual accounts 2014-112,7 k €↓
- 2013Annual accounts 2013268,2 k €↑
- 2012Annual accounts 2012-83,6 k €↓
- 2011Annual accounts 2011-17,3 k €↓
- 2010Annual accounts 201071,5 k €↑
- 2009Annual accounts 2009-85,0 €↓
- 2008Annual accounts 20087,5 k €
- 02/03/1995IncorporationPrivate limited company