ACTIVE

COFISAF HOLDING

Financial year 2025 · closed on 30/12/2025
Net result
-512,8 k €
-610.1% YoY
Gross margin
1,5 k €
-98.5% YoY
Equity
1,9 M €
-21.0% YoY
Workforce
1,0 ETP
0.0% YoY

What does COFISAF HOLDING do?

COFISAF HOLDING is a Public limited company incorporated in 1998. Its main activity is: Activities of holding companies. Its registered office is in Uccle. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0463.907.745
Incorporation
28/07/1998
Legal form
Public limited company
Registered office
Avenue Groelstveld 27
1180 Uccle · BruxellesSee on map
Contributed capital
61 550,00 €
Latest accounts
30/12/2025
Average workforce
1,0 ETP
Joint committees (2)
  • 200
  • 218
Signals
Solid equityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,5 k €98,2 k €11,2 k €7 k €26,7 k €-15,2 k €19,5 k €26 k €20,5 k €244,6 k €7,2 k €19,5 k €10,4 k €43,1 k €10,2 k €129 k €124,5 k €175,6 k €-1,5 k €177,1 k €
EBITDA-500,7 k €3,8 k €2,2 k €6 k €23,3 k €-15,4 k €18,3 k €25 k €19,3 k €12,3 k €5,7 k €17,6 k €8,7 k €40,2 k €3,3 k €71,7 k €59,8 k €119 k €-49,5 k €169,9 k €
Operating result-581,4 k €-45,8 k €-164,4 k €5,8 k €22,8 k €-15,9 k €17,8 k €24,1 k €18,7 k €12 k €4,8 k €16,5 k €7,4 k €35,5 k €-13,9 k €62,1 k €48,8 k €105,9 k €-61,5 k €169,8 k €
Net result-512,8 k €-72,2 k €2,7 M €-25,1 k €-2,6 k €-24 k €8,5 k €14,7 k €7,1 k €-8,8 k €93,1 k €3,8 k €-4,2 k €91,2 k €-174,9 k €94 k €70,7 k €399,1 k €-67,5 k €46,8 k €
Balance sheet
Equity1,9 M €2,4 M €2,5 M €1,9 M €1,9 M €1,9 M €1,9 M €1,9 M €1,9 M €1,9 M €1,9 M €1,8 M €1,9 M €1,9 M €2,1 M €2,2 M €1,2 M €1,1 M €731,6 k €799,1 k €
Total assets6,3 M €4,3 M €5,5 M €2,6 M €2,7 M €2,8 M €2,5 M €2,4 M €2,4 M €2,5 M €2,5 M €2,5 M €2,6 M €3,2 M €2,6 M €2,9 M €2,8 M €2,6 M €2,6 M €2,3 M €
Cash6,6 k €1,9 k €72,9 k €631,3 €608,5 €179,9 k €352,3 €251 €9,2 k €143,9 k €5,8 k €5,9 k €33,1 k €141,8 k €17,9 k €91,8 k €18,7 k €51,1 k €
Debts4,3 M €1,8 M €2,9 M €692,7 k €677,2 k €852,9 k €512,8 k €422,8 k €392 k €522,9 k €551,5 k €642,8 k €578,7 k €1,2 M €503,8 k €626,5 k €1,5 M €1,4 M €1,8 M €1,5 M €
Other
Workforce1,0 ETP1,0 ETP0,1 ETP1,0 ETP1,0 ETP1,0 ETP0,9 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 30/12/2025 · 3 active · 24 ended

Active mandates

Jessica Safarian

Managing director · since 22 avril 2026 · until 22 avril 2032

Active
Ranji Safarian

Director · since 17 juin 2025 · until 17 juin 2031

Active
Gricha Safarian

Director · since 01 décembre 2020 · until 30 novembre 2026

Active

Ended mandates

EUFUNDING CONSULT

Director · since 07 août 2024 · 0826.228.281

Represented by Tatyana Andreeva

Ended
Dominique Wegnez

Managing director · since 11 janvier 2018 · until 11 janvier 2024

Ended
Jessica Safarian

Director · since 11 janvier 2018 · until 11 janvier 2024

Ended
Ranji SAFARIA

Director · since 11 janvier 2018 · until 11 janvier 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
0466.239.507
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Closing of the financial year30/12/202530/12/202430/12/202330/12/202230/12/202130/12/2020
Length of the financial year13 months13 months13 months13 months13 months13 months
Filing date07/07/202616/05/202508/07/202430/06/202329/06/202218/06/2021
General meeting30/06/202614/05/202528/06/202407/06/202302/06/202221/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/12/202530/06/202607/07/2026FrenchPDF
Abridged model30/12/202414/05/202516/05/2025FrenchPDF
Abridged model30/12/202328/06/202408/07/2024FrenchPDF
Micro model30/12/202207/06/202330/06/2023FrenchPDF
Micro model30/12/202102/06/202229/06/2022FrenchPDF
Micro model30/12/202021/05/202118/06/2021FrenchPDF
Micro model30/12/201929/05/202015/06/2020FrenchPDF
Micro model31/12/201813/05/201919/07/2019FrenchPDF
Micro model31/12/201714/05/201804/06/2018FrenchPDF
Abridged model30/12/201615/05/201708/06/2017FrenchPDF
Abridged model30/12/201527/06/201603/08/2016FrenchPDF
Abridged model30/12/201429/06/201530/06/2015FrenchPDF
Abridged model31/12/201307/07/201424/07/2014FrenchPDF
Abridged model30/12/201224/06/201328/06/2013FrenchPDF
Abridged model30/12/201107/06/201228/06/2012FrenchPDF
Abridged model30/12/201021/06/201129/06/2011FrenchPDF
Abridged model31/12/200928/06/201019/07/2010FrenchPDF
Abridged model31/12/200829/06/200930/06/2009FrenchPDF
Abridged model30/12/200730/06/200823/07/2008FrenchPDF
Abridged model30/12/200616/07/200730/08/2007FrenchPDF
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 30/12/2025 · 3 active · 24 ended

Active mandates

Jessica Safarian

Managing director · since 22 avril 2026 · until 22 avril 2032

Active
Ranji Safarian

Director · since 17 juin 2025 · until 17 juin 2031

Active
Gricha Safarian

Director · since 01 décembre 2020 · until 30 novembre 2026

Active

Ended mandates

EUFUNDING CONSULT

Director · since 07 août 2024 · 0826.228.281

Represented by Tatyana Andreeva

Ended
Dominique Wegnez

Managing director · since 11 janvier 2018 · until 11 janvier 2024

Ended
Jessica Safarian

Director · since 11 janvier 2018 · until 11 janvier 2024

Ended
Ranji SAFARIA

Director · since 11 janvier 2018 · until 11 janvier 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/07/2026
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other31/08/2023
    OBJET
    PDF
  • Capital / shares20/04/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates30/12/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/06/2018
    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 2025-512,8 k €
  2. 2024
    Annual accounts 2024-72,2 k €
  3. 2023
    Annual accounts 20232,7 M €
  4. 2022
    Annual accounts 2022-25,1 k €
  5. 2021
    Annual accounts 2021-2,6 k €
  6. 2020
    Annual accounts 2020-24 k €
  7. 2019
    Annual accounts 20198,5 k €
  8. 2018
    Annual accounts 201814,7 k €
  9. 2017
    Annual accounts 20177,1 k €
  10. 2016
    Annual accounts 2016-8,8 k €
  11. 2015
    Annual accounts 201593,1 k €
  12. 2014
    Annual accounts 20143,8 k €
  13. 2013
    Annual accounts 2013-4,2 k €
  14. 2012
    Annual accounts 201291,2 k €
  15. 2011
    Annual accounts 2011-174,9 k €
  16. 2010
    Annual accounts 201094 k €
  17. 2009
    Annual accounts 200970,7 k €
  18. 2008
    Annual accounts 2008399,1 k €
  19. 2007
    Annual accounts 2007-67,5 k €
  20. 2006
    Annual accounts 200646,8 k €
  21. 28/07/1998
    IncorporationPublic limited company