NORMAL SITUATION

COSFIBEL

Financial year 2025 · closed on 31/12/2025
Net result
-4,1 M €
-102.1% YoY
Equity
8,2 M €
-33.5% YoY

Company — Normal situation.

Strike-off: 09 septembre 2026

What does COSFIBEL do?

COSFIBEL is a Private limited company incorporated in 2000.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0472.010.611
Incorporation
30/05/2000
Legal form
Private limited company
Contributed capital
9 508 938,46 €
Latest accounts
31/12/2025
Joint committees (2)
  • 200
  • 218
Signals
Solid equity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201120102009200820072006
Income statement
Revenue1,2 M €1,2 M €868,7 k €817,2 k €1,3 M €942,2 k €1 M €1,1 M €1 M €982,3 k €1,1 M €5,4 M €2,4 M €1,6 M €1,6 M €1,4 M €664,8 k €
EBITDA-225,6 k €-191,9 k €630,8 k €-1,7 M €-243,4 k €10,7 k €185,9 k €-16,9 k €154,5 k €282,3 k €56,7 k €-155,5 k €-107,9 k €460,8 k €210,8 k €182,2 k €435,8 k €255,1 k €-218 k €
Operating result-229 k €-194,2 k €624 k €-1,7 M €-247,1 k €7,9 k €177,8 k €-24,1 k €147,7 k €280,6 k €-24,4 k €-236,6 k €-189,7 k €376,9 k €206,1 k €177,2 k €429,9 k €241,9 k €-231,3 k €
Net result-4,1 M €-2 M €-3,4 M €703,8 k €-106,1 k €1 M €-143,6 k €5,2 k €176,6 k €-163,5 k €189,3 k €197,2 k €394,5 k €5,5 M €311 k €267,9 k €1,6 M €456,3 k €-116,3 k €
Balance sheet
Equity8,2 M €12,3 M €14,3 M €17,7 M €17 M €17,1 M €16 M €16,2 M €16,2 M €16 M €16,2 M €16 M €14,8 M €16,5 M €11 M €10,7 M €4,6 M €3,1 M €2,6 M €
Total assets24,4 M €27,5 M €23,5 M €25,7 M €23,7 M €19,5 M €17,6 M €17,8 M €17,2 M €17,2 M €17,6 M €18,2 M €18,8 M €21,1 M €13,6 M €12,5 M €10,1 M €8,4 M €8 M €
Cash1,3 M €221,5 k €299 k €156,5 k €1,6 M €76,4 k €100,3 k €112,3 k €128,6 k €80,6 k €152 k €206,4 k €276,1 k €1,7 M €276,4 k €944,8 k €85,4 k €276,3 k €172,2 k €
Debts16 M €15,2 M €9,2 M €8 M €6,8 M €2,5 M €1,6 M €1,6 M €1 M €1,2 M €1,4 M €2,1 M €3 M €3,6 M €2,3 M €1,5 M €5,2 M €5,1 M €5,1 M €
Other
Workforce0,3 ETP0,5 ETP0,5 ETP1,1 ETP1,0 ETP0,5 ETP0,4 ETP0,5 ETP0,7 ETP1,4 ETP2,3 ETP3,3 ETP3,3 ETP3,8 ETP3,8 ETP3,7 ETP3,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 47 ended

Active mandates

Daniel MELTON

Director · since 31 décembre 2022 · until 31 décembre 2028

Active
Tom Tao WANG

Managing director · since 31 décembre 2022 · until 31 décembre 2028

Active

Ended mandates

Marie SERMADIRAS

Director · since 31 décembre 2022 · until 24 mai 2024

Ended
Marie SERMADIRAS

Director · since 31 décembre 2022 · until 31 décembre 2028

Ended
Charlotte CHEVASSUS

Director · since 01 avril 2021 · until 31 décembre 2022

Ended
Charlotte CHEVASSUS

Director · since 01 avril 2021 · until 31 décembre 2025

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
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 date28/07/202622/12/202530/09/202416/11/202330/09/202219/05/2022
General meeting29/06/202627/11/202526/09/202409/10/202329/09/202201/02/2022
Currency of the financial yearEUREUREUREUREURUSD
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

36 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/06/202628/07/2026FrenchPDF
Full model31/12/202427/11/202522/12/2025FrenchPDF
Full model31/12/202326/09/202430/09/2024FrenchPDF
Full model31/12/202209/10/202316/11/2023FrenchPDF
Full model31/12/202129/09/202230/09/2022FrenchPDF
Consolidated accounts31/12/202129/09/202230/09/2022FrenchPDF
Full model31/12/202030/06/202129/08/2021FrenchPDF
Consolidated accounts31/12/202001/02/202219/05/2022FrenchPDF
Full modelCorrection31/12/201928/04/202229/04/2022FrenchPDF
Full model31/12/201931/08/202029/10/2020FrenchPDF
Consolidated accounts31/12/201931/08/202030/10/2020FrenchPDF
Full modelCorrection31/12/201828/04/202229/04/2022FrenchPDF
Full model31/12/201828/06/201925/07/2019FrenchPDF
Consolidated accounts31/12/201830/07/201931/08/2019FrenchPDF
Full model31/12/201729/06/201831/08/2018FrenchPDF
Consolidated accounts31/12/201709/11/201829/11/2018FrenchPDF
Full model31/12/201626/07/201709/08/2017FrenchPDF
Consolidated accounts31/12/201626/07/201709/10/2017FrenchPDF
Full model31/12/201530/08/201630/08/2016FrenchPDF
Consolidated accounts31/12/201530/08/201630/08/2016FrenchPDF
Full model31/12/201430/06/201506/08/2015FrenchPDF
Consolidated accounts31/12/201428/08/201531/08/2015FrenchPDF
Full model31/12/201326/06/201403/07/2014FrenchPDF
Consolidated accounts31/12/201328/08/201429/08/2014FrenchPDF

View all 36 filings

Estimate

Indicative valuation

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 · 47 ended

Active mandates

Daniel MELTON

Director · since 31 décembre 2022 · until 31 décembre 2028

Active
Tom Tao WANG

Managing director · since 31 décembre 2022 · until 31 décembre 2028

Active

Ended mandates

Marie SERMADIRAS

Director · since 31 décembre 2022 · until 24 mai 2024

Ended
Marie SERMADIRAS

Director · since 31 décembre 2022 · until 31 décembre 2028

Ended
Charlotte CHEVASSUS

Director · since 01 avril 2021 · until 31 décembre 2022

Ended
Charlotte CHEVASSUS

Director · since 01 avril 2021 · until 31 décembre 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring14/09/2026
    OPERATION ASSIMILÉE À UNE FUSION TRANSFRONTALIÈRE PAR.
    PDF
  • Restructuring07/05/2026
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates19/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other19/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates29/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/08/2021
    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 2025-4,1 M €
  2. 2024
    Annual accounts 2024-2 M €
  3. 2023
    Annual accounts 2023-3,4 M €
  4. 2022
    Annual accounts 2022703,8 k €
  5. 2021
    Annual accounts 2021-106,1 k €
  6. 2020
    Annual accounts 20201 M €
  7. 2019
    Annual accounts 2019-143,6 k €
  8. 2018
    Annual accounts 20185,2 k €
  9. 2017
    Annual accounts 2017176,6 k €
  10. 2016
    Annual accounts 2016-163,5 k €
  11. 2015
    Annual accounts 2015189,3 k €
  12. 2014
    Annual accounts 2014197,2 k €
  13. 2013
    Annual accounts 2013394,5 k €
  14. 2011
    Annual accounts 20115,5 M €
  15. 2010
    Annual accounts 2010311 k €
  16. 2009
    Annual accounts 2009267,9 k €
  17. 2008
    Annual accounts 20081,6 M €
  18. 2007
    Annual accounts 2007456,3 k €
  19. 2006
    Annual accounts 2006-116,3 k €
  20. 30/05/2000
    IncorporationPrivate limited company