ACTIVE

COBATIM

Financial year 2025 · closed on 31/12/2025
Net result
1,3 M €
+96.3% YoY
Gross margin
3,4 M €
+30.2% YoY
Equity
6,7 M €
+19.2% YoY
Workforce
14,9 ETP
+10.4% YoY

What does COBATIM do?

COBATIM is a Public limited company incorporated in 1995. Its registered office is in Comines-Warneton. It employs on average 14,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0455.207.142
Incorporation
11/05/1995
Legal form
Public limited company
Registered office
Rue du Textile(COM) 9
7780 Comines-Warneton · WallonieSee on map
Contributed capital
1 250 000,00 €
Latest accounts
31/12/2025
Average workforce
14,9 ETP
Joint committees (5)
  • 106
  • 10602
  • 111
  • 200
  • 218
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin3,4 M €2,6 M €3,7 M €3,5 M €372,6 k €1,4 M €1,6 M €2,5 M €1,8 M €
EBITDA2,3 M €1,7 M €2,5 M €2,5 M €2,3 M €2,1 M €2,1 M €2,8 M €1,8 M €2 M €932,1 k €507,6 k €80,1 k €-340,5 k €-1,8 M €190,1 k €665,1 k €1,7 M €1,2 M €
Operating result1,9 M €1,1 M €1,5 M €1,9 M €1,7 M €1,4 M €1,5 M €2,3 M €1,4 M €1,2 M €360,1 k €-30,9 k €-344 k €-781,7 k €-2,7 M €-211,5 k €239,1 k €1,1 M €807,3 k €
Net result1,3 M €679,8 k €1,1 M €1,7 M €1,2 M €982,8 k €984,3 k €2 M €1,3 M €1,1 M €292,3 k €-159,3 k €-466,8 k €-887,1 k €-3,4 M €-373,8 k €253,8 k €894,3 k €696,7 k €
Balance sheet
Equity6,7 M €5,6 M €5,1 M €5,1 M €6,5 M €6,2 M €5,9 M €5,9 M €4 M €2,7 M €1,7 M €1,4 M €1,6 M €2 M €976,4 k €1,2 M €1,5 M €3,6 M €2,9 M €
Total assets11,5 M €11 M €11,9 M €9,8 M €9,8 M €9,9 M €9,6 M €9,6 M €8,2 M €7,5 M €7,8 M €8,4 M €9,3 M €8,9 M €9,2 M €6,3 M €4,4 M €5,8 M €4,8 M €
Cash1,6 M €1,2 M €2,4 M €1,2 M €2,5 M €1,6 M €1,8 M €2,2 M €590,6 k €462,2 k €171,6 k €95,4 k €214,7 k €212,7 k €33,9 k €1,3 k €454 k €470,1 k €155,7 k €
Debts4,8 M €5,3 M €6,7 M €4,6 M €3,2 M €3,7 M €3,6 M €3,7 M €4 M €4,8 M €6,2 M €6,9 M €7,7 M €6,8 M €8,2 M €5,1 M €2,8 M €2,1 M €1,7 M €
Other
Workforce14,9 ETP13,5 ETP13,5 ETP14,3 ETP17,7 ETP26,3 ETP24,6 ETP19,3 ETP20,3 ETP20,1 ETP21,3 ETP21,0 ETP23,9 ETP37,7 ETP33,8 ETP24,9 ETP18,2 ETP18,8 ETP15,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 32 ended

Active mandates

CONCRETE HOLDING

Director · since 18 août 2023 · until 25 juin 2029 · 0790.738.555

Represented by Dirk VAN TORNHAUT

Active
Geert Van Tornhaut

Director · since 29 mai 2019 · until 25 juin 2029

Active
VT-INVEST

Director · since 29 mai 2019 · until 25 juin 2029 · 0883.073.845

Represented by Van Tornhaut Rita

Active

Ended mandates

Geert Van Tornhaut

Director · since 18 août 2023 · until 25 juin 2029

Ended
VT-INVEST

Director · since 18 août 2023 · until 25 juin 2029 · 0883.073.845

Represented by Rita VAN TORNHAUT

Ended
Dirk Van Tornhaut

Director · since 29 mai 2019 · until 20 juin 2025

Ended
Geert Van Tornhaut

Director · since 29 mai 2019 · until 20 juin 2025

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged 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 date30/06/202626/08/202528/06/202423/06/202329/06/202225/06/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202630/06/2026FrenchPDF
Abridged modelCorrection31/12/202420/06/202526/08/2025FrenchPDF
Abridged model31/12/202420/06/202524/06/2025FrenchPDF
Full model31/12/202321/06/202428/06/2024FrenchPDF
Full model31/12/202216/06/202323/06/2023FrenchPDF
Full model31/12/202117/06/202229/06/2022FrenchPDF
Full model31/12/202018/06/202125/06/2021FrenchPDF
Full model31/12/201919/06/202024/06/2020FrenchPDF
Abridged model31/12/201829/05/201908/08/2019FrenchPDF
Abridged model31/12/201715/06/201820/07/2018FrenchPDF
Full model31/12/201616/06/201730/06/2017FrenchPDF
Full model31/12/201523/06/201606/07/2016FrenchPDF
Full model31/12/201418/06/201519/08/2015FrenchPDF
Full model31/12/201319/06/201401/07/2014FrenchPDF
Full model31/12/201227/06/201321/08/2013FrenchPDF
Abridged model31/12/201129/06/201226/07/2012FrenchPDF
Abridged model31/08/201028/02/201125/03/2011FrenchPDF
Abridged model31/08/200919/02/201008/03/2010DutchPDF
Abridged model31/08/200812/11/200827/11/2008DutchPDF
Abridged model31/08/200715/02/200822/02/2008DutchPDF
Abridged model31/08/200616/02/200715/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025 · 3 active · 32 ended

Active mandates

CONCRETE HOLDING

Director · since 18 août 2023 · until 25 juin 2029 · 0790.738.555

Represented by Dirk VAN TORNHAUT

Active
Geert Van Tornhaut

Director · since 29 mai 2019 · until 25 juin 2029

Active
VT-INVEST

Director · since 29 mai 2019 · until 25 juin 2029 · 0883.073.845

Represented by Van Tornhaut Rita

Active

Ended mandates

Geert Van Tornhaut

Director · since 18 août 2023 · until 25 juin 2029

Ended
VT-INVEST

Director · since 18 août 2023 · until 25 juin 2029 · 0883.073.845

Represented by Rita VAN TORNHAUT

Ended
Dirk Van Tornhaut

Director · since 29 mai 2019 · until 20 juin 2025

Ended
Geert Van Tornhaut

Director · since 29 mai 2019 · until 20 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other14/11/2022
    DIVERS
    PDF
  • Mandates19/07/2022
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/11/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/10/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Other14/05/2019
    OBJET
    PDF
  • Mandates10/12/2018
    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

Timeline

  1. 2025
    Annual accounts 20251,3 M €
  2. 2024
    Annual accounts 2024679,8 k €
  3. 2023
    Annual accounts 20231,1 M €
  4. 2022
    Annual accounts 20221,7 M €
  5. 2021
    Annual accounts 20211,2 M €
  6. 2020
    Annual accounts 2020982,8 k €
  7. 2019
    Annual accounts 2019984,3 k €
  8. 2018
    Annual accounts 20182 M €
  9. 2017
    Annual accounts 20171,3 M €
  10. 2016
    Annual accounts 20161,1 M €
  11. 2015
    Annual accounts 2015292,3 k €
  12. 2014
    Annual accounts 2014-159,3 k €
  13. 2013
    Annual accounts 2013-466,8 k €
  14. 2012
    Annual accounts 2012-887,1 k €
  15. 2011
    Annual accounts 2011-3,4 M €
  16. 2010
    Annual accounts 2010-373,8 k €
  17. 2009
    Annual accounts 2009253,8 k €
  18. 2008
    Annual accounts 2008894,3 k €
  19. 2007
    Annual accounts 2007696,7 k €
  20. 11/05/1995
    IncorporationPublic limited company