ACTIVE

COTIMA

Financial year 2025 · closed on 31/12/2025
Net result
35,6 k €
+404.2% YoY
Revenue
343,1 k €
+86.8% YoY
Equity
37,6 k €
+1454.8% YoY

What does COTIMA do?

COTIMA is a Private company with limited liability incorporated in 1999. Its main activity is: Manufacture of weapons and ammunition. Its registered office is in Temse.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0466.424.696
Incorporation
02/07/1999
Legal form
Private company with limited liability
Registered office
Laagstraat 68
9140 Temse · FlandreSee on map
Contributed capital
18 592,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 111
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue343,1 k €183,7 k €214,3 k €528,4 k €215,9 k €433,5 k €262,8 k €280 k €229,2 k €224,1 k €197,7 k €230,7 k €183 k €251,2 k €221,6 k €239,6 k €269,7 k €461,5 k €557,5 k €
EBITDA44,4 k €-3,9 k €-75,6 k €137,6 k €11,6 k €-12,4 k €46,6 k €46,2 k €61,3 k €11,7 k €18,6 k €57 k €4,3 k €36,2 k €40,4 k €22,3 k €-444 €111,7 k €91 k €
Operating result35,7 k €-11,5 k €-81,1 k €134,6 k €-5,2 k €-27,4 k €32,1 k €31,6 k €46,9 k €5,9 k €12,7 k €50,7 k €-47,2 k €24,4 k €25,5 k €3,2 k €-58 k €47,3 k €34,2 k €
Net result35,6 k €-11,7 k €-80,3 k €22,2 k €-7,7 k €-32,2 k €32,6 k €30,6 k €45,3 k €4,7 k €12,5 k €41,9 k €-72,4 k €6,9 k €7,2 k €-12,4 k €-78,4 k €26,5 k €8,1 k €
Balance sheet
Equity37,6 k €2,4 k €14,6 k €95,3 k €73,6 k €81,7 k €114,4 k €82,2 k €52,1 k €7,2 k €3 k €-8,8 k €-50,1 k €22,9 k €16,7 k €10,1 k €23,2 k €102,2 k €76,4 k €
Total assets344,6 k €291,8 k €336,3 k €403,2 k €359,5 k €379,5 k €373,9 k €422,1 k €357,9 k €308 k €298,4 k €334,7 k €268,9 k €354,5 k €352,7 k €417,8 k €413,1 k €453,2 k €583,5 k €
Cash56 k €58,4 k €68,3 k €64,5 k €21,5 k €16,9 k €33,4 k €24 k €17,5 k €17,6 k €6,6 k €48,2 k €
Debts307 k €289,4 k €321,7 k €307,6 k €285,9 k €297,8 k €259,5 k €339,8 k €305,8 k €300,8 k €295,4 k €343,5 k €318,9 k €331,6 k €336 k €407,7 k €390 k €351 k €507,1 k €
Other
Workforce1,4 ETP0,8 ETP1,5 ETP2,6 ETP0,9 ETP0,4 ETP1,3 ETP1,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

TINA COLE

Director

Active

Ended mandates

MARCEL COLE

Manager · until 10 décembre 2012

Ended
MARCEL COLE

Manager

Ended
TINA COLE

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date29/06/202627/06/202501/07/202403/07/202301/09/202227/08/2021
General meeting09/06/202610/06/202511/06/202413/06/202330/06/202230/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202509/06/202629/06/2026DutchPDF
Micro model31/12/202410/06/202527/06/2025DutchPDF
Micro model31/12/202311/06/202401/07/2024DutchPDF
Micro model31/12/202213/06/202303/07/2023DutchPDF
Micro model31/12/202130/06/202201/09/2022DutchPDF
Micro model31/12/202030/06/202127/08/2021DutchPDF
Micro model31/12/201913/06/202017/06/2020DutchPDF
Micro model31/12/201830/06/201917/09/2019DutchPDF
Micro model31/12/201712/06/201801/07/2018DutchPDF
Micro model31/12/201613/06/201721/06/2017DutchPDF
Abridged model31/12/201523/06/201621/07/2016DutchPDF
Abridged model31/12/201409/06/201520/07/2015DutchPDF
Abridged model31/12/201310/06/201430/09/2014DutchPDF
Abridged model31/12/201211/06/201326/06/2013DutchPDF
Abridged model31/12/201112/06/201212/07/2012DutchPDF
Abridged model31/12/201014/06/201115/07/2011DutchPDF
Abridged model31/12/200908/06/201006/07/2010DutchPDF
Abridged model31/12/200809/06/200906/07/2009DutchPDF
Abridged model31/12/200710/06/200822/07/2008DutchPDF
Abridged model31/12/200612/06/200710/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 · 1 active · 3 ended

Active mandates

TINA COLE

Director

Active

Ended mandates

MARCEL COLE

Manager · until 10 décembre 2012

Ended
MARCEL COLE

Manager

Ended
TINA COLE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/01/2013
    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 202535,6 k €
  2. 2024
    Annual accounts 2024-11,7 k €
  3. 2023
    Annual accounts 2023-80,3 k €
  4. 2022
    Annual accounts 202222,2 k €
  5. 2021
    Annual accounts 2021-7,7 k €
  6. 2020
    Annual accounts 2020-32,2 k €
  7. 2019
    Annual accounts 201932,6 k €
  8. 2018
    Annual accounts 201830,6 k €
  9. 2017
    Annual accounts 201745,3 k €
  10. 2016
    Annual accounts 20164,7 k €
  11. 2015
    Annual accounts 201512,5 k €
  12. 2014
    Annual accounts 201441,9 k €
  13. 2013
    Annual accounts 2013-72,4 k €
  14. 2012
    Annual accounts 20126,9 k €
  15. 2011
    Annual accounts 20117,2 k €
  16. 2010
    Annual accounts 2010-12,4 k €
  17. 2009
    Annual accounts 2009-78,4 k €
  18. 2008
    Annual accounts 200826,5 k €
  19. 2007
    Annual accounts 20078,1 k €
  20. 02/07/1999
    IncorporationPrivate company with limited liability