ACTIVE

COMITH

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Financial year 2025 · closed on 31/12/2025
Net result
193,4 k €
+8677.6% YoY
Gross margin
1,7 M €
+15.8% YoY
Equity
700,2 k €
+15.4% YoY
Workforce
19,9 ETP
-3.9% YoY

What does COMITH do?

COMITH is a Public limited company incorporated in 1995. Its main activity is: Other printing. Its registered office is in Affligem. It employs on average 19,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0455.560.401
Incorporation
01/04/1995
Legal form
Public limited company
Registered office
Brusselbaan 77-79
1790 Affligem · FlandreSee on map
Contributed capital
73 493,01 €
Latest accounts
31/12/2025
Average workforce
19,9 ETP
Activities (NACE)
18120Other printing· main18120Other printing18130Pre-press and pre-media services18130Pre-press and pre-media services22250Manufacture of plastic products52470Warehousing and support activities for transportation+5
Joint committees (4)
  • 130
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201620142013201220112010200920082007
Income statement
Gross margin1,7 M €1,5 M €1,7 M €1,8 M €1,4 M €1,3 M €1,6 M €1,5 M €1,1 M €1,2 M €1,4 M €1,4 M €1,3 M €1,7 M €959,8 k €1,0 M €1,2 M €
EBITDA203,5 k €156,0 k €359,6 k €384,5 k €240,8 k €137,7 k €274,0 k €211,5 k €230,1 k €226,4 k €395,6 k €331,9 k €430,0 k €665,4 k €224,1 k €446,1 k €491,7 k €
Operating result235,7 k €19,4 k €221,7 k €243,2 k €153,4 k €85,7 k €161,1 k €106,7 k €41,0 k €15,8 k €129,3 k €74,3 k €124,2 k €315,9 k €2,4 k €290,7 k €288,9 k €
Net result193,4 k €2,2 k €150,5 k €177,8 k €124,2 k €67,7 k €95,3 k €65,4 k €41,0 k €15,2 k €88,5 k €36,8 k €106,9 k €228,6 k €1,7 k €214,3 k €189,8 k €
Balance sheet
Equity700,2 k €606,9 k €604,7 k €454,1 k €276,3 k €752,1 k €1,3 M €1,2 M €2,6 M €1,6 M €1,6 M €1,5 M €1,5 M €1,7 M €1,4 M €1,4 M €1,2 M €
Total assets1,4 M €1,3 M €2,0 M €2,4 M €2,0 M €2,2 M €2,1 M €2,0 M €3,0 M €2,8 M €2,7 M €2,9 M €3,0 M €2,8 M €2,6 M €2,8 M €2,4 M €
Cash366,0 k €288,6 k €391,8 k €179,4 k €65,6 k €695,8 k €731,6 k €620,4 k €639,5 k €542,2 k €750,2 k €668,5 k €534,7 k €235,5 k €419,0 k €983,6 k €296,6 k €
Debts614,1 k €367,0 k €668,9 k €1,1 M €875,0 k €914,7 k €314,1 k €310,4 k €286,1 k €937,1 k €879,7 k €1,0 M €1,2 M €698,6 k €543,7 k €877,7 k €687,7 k €
Other
Workforce19,9 ETP20,7 ETP20,3 ETP20,8 ETP18,4 ETP20,2 ETP20,4 ETP21,3 ETP14,4 ETP17,2 ETP18,1 ETP19,9 ETP17,8 ETP13,9 ETP14,2 ETP12,6 ETP14,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

Veerle De Brabanter

Director · since 10 octobre 2025 · until 10 octobre 2031

Active
Védévé Invest

Director · since 24 avril 2023 · until 23 avril 2029 · 0466.299.190

Represented by Johan Van de Velde

Active

Ended mandates

TC MACO

Managing director · since 24 avril 2023 · until 23 avril 2029 · 0830.648.018

Represented by THIJS CLAES

Ended
TC MACO

Managing director · since 24 avril 2023 · until 23 avril 2029 · 0830.648.018

Represented by Thijs CLAES

Ended
Védévé Invest

Managing director · since 24 avril 2023 · until 23 avril 2029 · 0466.299.190

Represented by Johan VAN DE VELDE

Ended
Védévé Invest

Managing director · since 24 avril 2023 · until 23 avril 2029 · 0466.299.190

Represented by Johan VAN DE VELDE

Ended
At this address

Other companies at this address

CompanyCBE no.
BTWE Védévé Group● Active
1041.460.195
Védévé Invest● Active
0466.299.190
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date21/04/202601/07/202525/06/202420/06/202320/06/202221/06/2021
General meeting14/04/202620/06/202521/06/202416/06/202317/06/202218/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202514/04/202621/04/2026DutchPDF
Abridged model31/12/202420/06/202501/07/2025DutchPDF
Abridged model31/12/202321/06/202425/06/2024DutchPDF
Abridged model31/12/202216/06/202320/06/2023DutchPDF
Abridged model31/12/202117/06/202220/06/2022DutchPDF
Abridged model31/12/202018/06/202121/06/2021DutchPDF
Abridged model31/12/201919/06/202022/06/2020DutchPDF
Abridged model31/12/201821/06/201928/06/2019DutchPDF
Abridged model31/12/201715/06/201809/08/2018DutchPDF
Abridged model31/12/201603/05/201727/06/2017DutchPDF
Abridged model31/12/201517/06/201627/06/2016DutchPDF
Abridged model31/12/201419/06/201526/06/2015DutchPDF
Abridged model31/12/201320/06/201416/07/2014DutchPDF
Abridged model31/12/201221/06/201303/07/2013DutchPDF
Abridged model31/12/201115/06/201219/06/2012DutchPDF
Abridged model31/12/201017/06/201101/07/2011DutchPDF
Abridged model30/06/200902/12/200918/12/2009DutchPDF
Abridged model30/06/200803/12/200817/12/2008DutchPDF
Abridged model30/06/200705/12/200707/12/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

Veerle De Brabanter

Director · since 10 octobre 2025 · until 10 octobre 2031

Active
Védévé Invest

Director · since 24 avril 2023 · until 23 avril 2029 · 0466.299.190

Represented by Johan Van de Velde

Active

Ended mandates

TC MACO

Managing director · since 24 avril 2023 · until 23 avril 2029 · 0830.648.018

Represented by THIJS CLAES

Ended
TC MACO

Managing director · since 24 avril 2023 · until 23 avril 2029 · 0830.648.018

Represented by Thijs CLAES

Ended
Védévé Invest

Managing director · since 24 avril 2023 · until 23 avril 2029 · 0466.299.190

Represented by Johan VAN DE VELDE

Ended
Védévé Invest

Managing director · since 24 avril 2023 · until 23 avril 2029 · 0466.299.190

Represented by Johan VAN DE VELDE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/10/2023
    DIVERSEN
    PDF
  • Mandates13/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring22/05/2017
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring07/03/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring01/09/2015
    BENAMING - DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring10/04/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates30/06/2011
    ONTSLAGEN - BENOEMINGEN
    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 2025193,4 k €↑
  2. 2024
    Annual accounts 20242,2 k €↓
  3. 2023
    Annual accounts 2023150,5 k €↓
  4. 2022
    Annual accounts 2022177,8 k €↑
  5. 2021
    Annual accounts 2021124,2 k €↑
  6. 2020
    Annual accounts 202067,7 k €↓
  7. 2019
    Annual accounts 201995,3 k €↑
  8. 2018
    Annual accounts 201865,4 k €↑
  9. 2016
    Annual accounts 201641,0 k €↑
  10. 2014
    Annual accounts 201415,2 k €↓
  11. 2014
    Name changeComith
  12. 2013
    Annual accounts 201388,5 k €↑
  13. 2012
    Annual accounts 201236,8 k €↓
  14. 2011
    Annual accounts 2011106,9 k €↓
  15. 2010
    Annual accounts 2010228,6 k €↑
  16. 2009
    Annual accounts 20091,7 k €↓
  17. 2008
    Annual accounts 2008214,3 k €↑
  18. 2008
    Name changeCOMITH 455
  19. 2007
    Annual accounts 2007189,8 k €
  20. 2007
    Name changeJONA GRAPHICS
  21. 01/04/1995
    IncorporationPublic limited company