ACTIVE

COFINEUR

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

71,1 k €

-61.1% YoY

Gross margin

36,6 k €

-45.3% YoY

Equity

2,1 M €

+3.5% YoY

What does COFINEUR do?

COFINEUR is a Public limited company incorporated in 2001. Its main activity is: Public relations and communication activities. Its registered office is in Etterbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.755.126

Incorporation

09/01/2001

Legal form

Public limited company

Registered office

Avenue de Tervueren 80
1040 Etterbeek · BruxellesSee on map

Contributed capital

750 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70210Public relations and communication activities· main 73300Advertising and market research 68100Buying and selling of own real estate 68110Buying and selling of own real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	36,6 k €	-45.3%	66,9 k €	-16.7%	80,3 k €	+60.3%	50,1 k €	-21.8%	64,1 k €	+72.4%	37,2 k €	-14.1%	43,3 k €	+0.7%	43 k €	-10.9%	48,2 k €	-32.8%	71,8 k €	-8.8%	78,7 k €	-2.1%	80,4 k €	-3.8%	83,5 k €	+17.3%	71,2 k €	+19.0%	59,8 k €	-5.7%	63,4 k €	+189%	21,9 k €	+1001%	-2,4 k €	-5.5%	-2,3 k €	-2.1%	-2,3 k €
EBITDA	31,9 k €	-49.2%	62,7 k €	-17.9%	76,4 k €	+59.8%	47,8 k €	-20.3%	60 k €	+71.5%	35 k €	-14.8%	41,1 k €	+0.8%	40,7 k €	-11.9%	46,2 k €	-34.1%	70,1 k €	-8.9%	77 k €	-2.2%	78,7 k €	-3.8%	81,8 k €	+17.7%	69,5 k €	+24.5%	55,8 k €	-10.6%	62,4 k €	+198%	21 k €	+722%	-3,4 k €	-3.9%	-3,2 k €	-16.6%	-2,8 k €
Operating result	31,5 k €	-49.3%	62,1 k €	-17.9%	75,7 k €	+60.0%	47,3 k €	-20.8%	59,7 k €	+71.0%	34,9 k €	-14.5%	40,9 k €	+0.8%	40,5 k €	-11.0%	45,5 k €	-34.5%	69,5 k €	-9.2%	76,5 k €	+20.0%	63,8 k €	-4.7%	66,9 k €	+22.5%	54,6 k €	+33.5%	40,9 k €	-31.8%	60 k €	+186%	21 k €	+722%	-3,4 k €	-3.9%	-3,2 k €	-16.6%	-2,8 k €
Net result	71,1 k €	-61.1%	183 k €	-16.0%	218 k €	+1183%	-20,1 k €	-118%	109,9 k €	+139%	-283,8 k €	-166%	430 k €	+351%	-171,1 k €	-476%	45,5 k €	+245%	13,2 k €	+132%	-41,1 k €	-130%	138,5 k €	+51.8%	91,2 k €	-44.9%	165,6 k €	+203%	54,7 k €	-55.0%	121,5 k €	-31.9%	178,5 k €	+161%	-290,4 k €	-408%	94,3 k €	-38.8%	154,1 k €
Balance sheet
Equity	2,1 M €	+3.5%	2 M €	+9.9%	1,8 M €	+13.4%	1,6 M €	-1.2%	1,6 M €	+7.2%	1,5 M €	-15.6%	1,8 M €	+31.0%	1,4 M €	-11.0%	1,6 M €	+3.0%	1,5 M €	+0.9%	1,5 M €	-2.7%	1,5 M €	+9.9%	1,4 M €	+6.9%	1,3 M €	+14.4%	1,1 M €	+5.0%	1,1 M €	+51.5%	720,9 k €	+32.9%	542,5 k €	-34.9%	832,8 k €	+12.8%	738,5 k €
Total assets	3,2 M €	+7.8%	3 M €	+60.4%	1,9 M €	+13.6%	1,6 M €	-1.5%	1,7 M €	+7.2%	1,5 M €	-15.1%	1,8 M €	+31.1%	1,4 M €	-11.1%	1,6 M €	+2.9%	1,5 M €	+0.1%	1,5 M €	-2.6%	1,6 M €	+10.4%	1,4 M €	+7.2%	1,3 M €	+14.5%	1,2 M €	+5.0%	1,1 M €	+52.0%	720,9 k €	+32.9%	542,5 k €	-34.9%	832,8 k €	+12.8%	738,5 k €
Cash	38,7 k €	+169%	14,4 k €	-66.6%	43,2 k €	-86.7%	324,8 k €	+64.1%	197,9 k €	+133%	84,8 k €	+200%	28,2 k €	+83.5%	15,4 k €	-89.1%	141,1 k €	+32.8%	106,3 k €	-23.2%	138,4 k €	+47.1%	94,1 k €	+55.2%	60,6 k €	-36.6%	95,6 k €	+98.3%	48,2 k €	-33.0%	72 k €	+1603%	4,2 k €	+50.1%	2,8 k €	-76.3%	11,9 k €	-81.8%	65,3 k €
Debts	1,1 M €	+17.6%	936,7 k €	+6994%	13,2 k €	+40.2%	9,4 k €	-31.7%	13,8 k €	+11.7%	12,4 k €	+202%	4,1 k €	+173%	1,5 k €	-57.5%	3,5 k €	-37.8%	5,7 k €	-67.9%	17,7 k €	+7.9%	16,4 k €	+104%	8 k €	+93.1%	4,2 k €	+19.3%	3,5 k €	-0.0%	3,5 k €		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 18 ended

Active mandates

André Martens

Managing director · since 04 juin 2025 · until 04 juin 2031

Active

Catherine Martens

Director · since 04 juin 2025 · until 04 juin 2031

Active

Christiane Martens

Director · since 04 juin 2025 · until 04 juin 2031

Active

Ended mandates

André Martens

Managing director · since 05 juin 2019 · until 04 juin 2025

Ended

Catherine Martens

Director · since 05 juin 2019 · until 04 juin 2025

Ended

Christiane Martens

Director · since 05 juin 2019 · until 04 juin 2025

Ended

André Martens

Managing director · since 05 juin 2013 · until 05 juin 2019

Ended

At this address

Other companies at this address

Company	CBE no.
ALPHORION● Active	0476.926.927
CAIRN● Active	0892.214.512
CHARMOZ● Active	0607.993.822
LE BRUSC● Active	0881.929.542
SUN EQUIPMENTS● Active	0425.163.668

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/06/2026	10/06/2025	11/06/2024	09/06/2023	13/06/2022	04/06/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	08/06/2026	French	PDF
Abridged model	31/12/2024	04/06/2025	10/06/2025	French	PDF
Abridged model	31/12/2023	05/06/2024	11/06/2024	French	PDF
Abridged model	31/12/2022	07/06/2023	09/06/2023	French	PDF
Abridged model	31/12/2021	01/06/2022	13/06/2022	French	PDF
Abridged model	31/12/2020	02/06/2021	04/06/2021	French	PDF
Abridged model	31/12/2019	03/06/2020	10/06/2020	French	PDF
Abridged model	31/12/2018	05/06/2019	11/06/2019	French	PDF
Abridged model	31/12/2017	06/06/2018	11/06/2018	French	PDF
Abridged model	31/12/2016	07/06/2017	12/06/2017	French	PDF
Abridged model	31/12/2015	01/06/2016	06/06/2016	French	PDF
Abridged model	31/12/2014	03/06/2015	08/06/2015	French	PDF
Abridged model	31/12/2013	04/06/2014	30/06/2014	French	PDF
Abridged model	31/12/2012	05/06/2013	11/06/2013	French	PDF
Abridged model	31/12/2011	06/06/2012	15/06/2012	French	PDF
Abridged model	31/12/2010	01/06/2011	24/06/2011	French	PDF
Abridged model	31/12/2009	02/06/2010	07/06/2010	French	PDF
Abridged model	31/12/2008	03/06/2009	16/06/2009	French	PDF
Abridged model	31/12/2007	04/06/2008	20/06/2008	French	PDF
Abridged model	31/12/2006	06/06/2007	14/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 3 active · 18 ended

Active mandates

André Martens

Managing director · since 04 juin 2025 · until 04 juin 2031

Active

Catherine Martens

Director · since 04 juin 2025 · until 04 juin 2031

Active

Christiane Martens

Director · since 04 juin 2025 · until 04 juin 2031

Active

Ended mandates

André Martens

Managing director · since 05 juin 2019 · until 04 juin 2025

Ended

Catherine Martens

Director · since 05 juin 2019 · until 04 juin 2025

Ended

Christiane Martens

Director · since 05 juin 2019 · until 04 juin 2025

Ended

André Martens

Managing director · since 05 juin 2013 · until 05 juin 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/10/2025
DEMISSIONS, NOMINATIONS
PDF
Other27/09/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
PDF
Mandates18/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates08/07/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates21/10/2011
DEMISSIONS, NOMINATIONS
PDF
Capital / shares20/04/2010
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares05/12/2007
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

2025
Annual accounts 202571,1 k €↓
2024
Annual accounts 2024183 k €↓
2023
Annual accounts 2023218 k €↑
2022
Annual accounts 2022-20,1 k €↓
2021
Annual accounts 2021109,9 k €↑
2020
Annual accounts 2020-283,8 k €↓
2019
Annual accounts 2019430 k €↑
2018
Annual accounts 2018-171,1 k €↓
2017
Annual accounts 201745,5 k €↑
2016
Annual accounts 201613,2 k €↑
2015
Annual accounts 2015-41,1 k €↓
2014
Annual accounts 2014138,5 k €↑
2013
Annual accounts 201391,2 k €↓
2012
Annual accounts 2012165,6 k €↑
2011
Annual accounts 201154,7 k €↓
2010
Annual accounts 2010121,5 k €↓
2009
Annual accounts 2009178,5 k €↑
2008
Annual accounts 2008-290,4 k €↓
2007
Annual accounts 200794,3 k €↓
2006
Annual accounts 2006154,1 k €
09/01/2001
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

COFINEUR

Overview

What does COFINEUR do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline