ACTIVE

COBRA Packaging and Recycling

Export PDF

Financial year 2025 · Closed on 30/09/2025

Net result156 k €-73,5 %over 1 year
Gross margin936,7 k €-35,0 %over 1 year
Equity3,7 M €+5,1 %over 1 year
Workforce13,6 ETP-8,1 %over 1 year

Identity

Source · BCE/KBO

COBRA Packaging and Recycling is a Public limited company incorporated in 1997. Its main activity is: Manufacture of wooden containers. Its registered office is in Tournai. It employs on average 13,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.534.413
Incorporation
25/09/1997
Legal form
Public limited company
Registered office
Rue du Mont des Carliers(BL) 30
7522 Tournai · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
30/09/2025
Average workforce
13,6 ETP
Joint committees (7)
  • 126
  • 1260
  • 126000
  • 12624
  • 126240
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin936,7 k €1,4 M €1,9 M €2,4 M €1,5 M €
EBITDA231,7 k €722,2 k €1,2 M €1,7 M €742,7 k €
Operating result106,5 k €616,7 k €1,1 M €1,5 M €510,3 k €
Net result156 k €588,1 k €859,2 k €1,2 M €436,9 k €
Balance sheet
Equity3,7 M €3,5 M €3 M €2,2 M €1,1 M €
Total assets4,3 M €3,9 M €3,5 M €2,9 M €2,9 M €
Cash426,3 k €2,7 M €222,1 k €591,6 k €107,9 k €
Debts639,6 k €393,7 k €501,3 k €737,5 k €1,8 M €
Other
Workforce13,6 ETP14,8 ETP15,0 ETP–17,8 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 30/09/2025

2 active · 20 ended

Active mandates

BAVAR

Director · 0865.443.896

Represented by Roos Marijke VAN REETH

Active
INBV

Managing director · 0476.551.595

Represented by Baekelandt Korneel

Active

Ended mandates

BAVAR

Director · since 31 mai 2019 · 0865.443.896

Represented by Roosmarijke VAN REETH

Ended
BAVAR

Director · since 31 mai 2019 · 0865.443.896

Represented by VAN REETH ROOSMARIJKE

Ended
INBV

Managing director · since 31 mai 2019 · 0476.551.595

Represented by BAEKELANDT KORNEEL

Ended
INBV

Director · since 31 mai 2019 · 0476.551.595

Represented by Korneel Baekelandt

Ended

Other companies at this address

Rue du Mont des Carliers(BL) 30 7522 Tournai
CompanyCBE no.
BAVAR● Active
0865.443.896
UTVA OCTOPODA● Active
0634.874.403

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/03/202606/02/202502/05/202408/05/202312/05/202229/04/2021
General meeting27/02/202627/11/202423/02/202424/02/202329/04/202226/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202527/02/202631/03/2026FrenchPDF
Abridged model30/09/202427/11/202406/02/2025FrenchPDF
Abridged model30/09/202323/02/202402/05/2024FrenchPDF
Abridged model30/09/202224/02/202308/05/2023FrenchPDF
Abridged model30/09/202129/04/202212/05/2022FrenchPDF
Abridged model30/09/202026/04/202129/04/2021FrenchPDF
Abridged model30/09/201928/02/202028/05/2020FrenchPDF
Abridged model30/09/201822/02/201908/04/2019FrenchPDF
Abridged model31/12/201626/05/201719/06/2017FrenchPDF
Abridged model31/12/201527/05/201609/06/2016FrenchPDF
Abridged model31/12/201429/05/201514/08/2015FrenchPDF
Abridged model31/12/201330/05/201429/08/2014FrenchPDF
Abridged model31/12/201231/05/201314/08/2013FrenchPDF
Abridged model31/12/201125/05/201229/05/2012FrenchPDF
Abridged model31/12/201027/05/201110/06/2011FrenchPDF
Abridged model31/03/201028/08/201031/08/2010FrenchPDF
Abridged model31/03/200914/11/200920/11/2009FrenchPDF
Abridged model31/03/200818/09/200817/11/2008FrenchPDF
Abridged model31/03/200725/08/200726/09/2007FrenchPDF

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 30/09/2025

2 active · 20 ended

Active mandates

BAVAR

Director · 0865.443.896

Represented by Roos Marijke VAN REETH

Active
INBV

Managing director · 0476.551.595

Represented by Baekelandt Korneel

Active

Ended mandates

BAVAR

Director · since 31 mai 2019 · 0865.443.896

Represented by Roosmarijke VAN REETH

Ended
BAVAR

Director · since 31 mai 2019 · 0865.443.896

Represented by VAN REETH ROOSMARIJKE

Ended
INBV

Managing director · since 31 mai 2019 · 0476.551.595

Represented by BAEKELANDT KORNEEL

Ended
INBV

Director · since 31 mai 2019 · 0476.551.595

Represented by Korneel Baekelandt

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other10/05/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates17/06/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Other03/01/2018
    ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Restructuring10/06/2015
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring17/03/2015
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates28/06/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/05/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Other16/12/2010
    ASSEMBLEE GENERALE - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 2025156 k €↓
  2. 2024
    Annual accounts 2024588,1 k €↓
  3. 2023
    Annual accounts 2023859,2 k €↓
  4. 2023
    Name changeCOBRA Packaging and Recycling
  5. 2022
    Annual accounts 20221,2 M €↑
  6. 2021
    Annual accounts 2021436,9 k €↑
  7. 2021
    Name changeCobra Packaging & Recycling
  8. 2018
    Annual accounts 2018231,2 k €↑
  9. 2016
    Annual accounts 2016140,5 k €↑
  10. 2015
    Annual accounts 201526,4 k €↓
  11. 2013
    Annual accounts 201367,1 k €↓
  12. 2012
    Annual accounts 2012119 k €↑
  13. 2007
    Annual accounts 200737,2 k €
  14. 25/09/1997
    IncorporationPublic limited company