ACTIVE

COSETECH

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Financial year 2025 · closed on 31/12/2025

Net result

105,5 k €

-14.2% YoY

Gross margin

188,6 k €

-4.8% YoY

Equity

472,2 k €

+28.8% YoY

What does COSETECH do?

COSETECH is a Private limited company incorporated in 2001. Its registered office is in Herve.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.584.565

Incorporation

05/09/2001

Legal form

Private limited company

Registered office

Voie des Tendeurs 24
4650 Herve · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	188,6 k €	-4.8%	198,1 k €	+81.2%	109,3 k €	-30.2%	156,7 k €	-27.9%	217,3 k €	-27.2%	298,5 k €	+29.6%	230,3 k €	+64.0%	140,4 k €	-40.6%	236,4 k €	-29.2%	334,1 k €	+18.5%	281,9 k €	+15.6%	243,8 k €	-8.1%	265,4 k €	-8.2%	289,1 k €	-11.3%	325,8 k €	+34.7%	241,8 k €	-10.8%	271,2 k €	-3.1%	279,9 k €	+8.0%	259,2 k €
EBITDA	156,8 k €	-5.4%	165,8 k €	+73.1%	95,8 k €	-23.0%	124,4 k €	+115%	57,8 k €	-62.7%	154,9 k €	+77.2%	87,5 k €	+478%	-23,1 k €	-142%	55,3 k €	-59.8%	137,7 k €	+74.6%	78,9 k €	-4.8%	82,8 k €	-1.1%	83,7 k €	-27.2%	115 k €	+25.2%	91,9 k €	+32.5%	69,3 k €	-19.3%	86 k €	-13.5%	99,4 k €	-13.2%	114,5 k €
Operating result	132,6 k €	-20.6%	166,9 k €	+132%	71,9 k €	-39.4%	118,6 k €	+177%	42,9 k €	-72.0%	153 k €	+81.2%	84,5 k €	+288%	-44,9 k €	-261%	27,9 k €	-75.0%	111,4 k €	+139%	46,7 k €	-4.7%	49 k €	+529%	-11,4 k €	-415%	3,6 k €	+107%	-53,4 k €	-296%	27,3 k €	-49.8%	54,4 k €	+5.7%	51,4 k €	-17.9%	62,7 k €
Net result	105,5 k €	-14.2%	123 k €	+110%	58,5 k €	-33.9%	88,5 k €	+206%	28,9 k €	-72.3%	104,4 k €	+52.3%	68,5 k €	+248%	-46,4 k €	-360%	17,8 k €	-79.6%	87,3 k €	+73.6%	50,3 k €	+78.1%	28,2 k €	+750%	-4,3 k €	-111%	40,6 k €	+20.9%	33,6 k €	+112%	15,9 k €	-80.7%	82,2 k €	+227%	25,2 k €	-29.7%	35,8 k €
Balance sheet
Equity	472,2 k €	+28.8%	366,7 k €	+50.5%	243,7 k €	+8.2%	225,1 k €	+53.5%	146,6 k €	-48.5%	284,8 k €	+57.8%	180,4 k €	+61.2%	111,9 k €	-29.3%	158,3 k €	-1.3%	160,5 k €	+4.8%	153,2 k €	+48.9%	102,9 k €	-39.4%	169,6 k €	-2.5%	174 k €	-25.4%	233,3 k €	+6.2%	219,7 k €	+7.8%	203,8 k €	+22.3%	166,6 k €	+17.8%	141,5 k €
Total assets	550,8 k €	+11.8%	492,5 k €	+64.5%	299,4 k €	+10.2%	271,8 k €	+9.4%	248,5 k €	-32.9%	370,5 k €	+49.1%	248,5 k €	+50.4%	165,2 k €	-29.6%	234,6 k €	-26.1%	317,5 k €	+3.3%	307,4 k €	-5.7%	326 k €	-5.1%	343,6 k €	-21.2%	436,1 k €	-22.4%	562,4 k €	+7.5%	523,2 k €	+5.3%	496,6 k €	+17.8%	421,5 k €	-2.5%	432,2 k €
Cash	377,5 k €	+51.6%	249 k €	+20.5%	206,7 k €	+38.6%	149,1 k €	+48.0%	100,7 k €	-52.7%	212,8 k €	+111%	100,7 k €	+111%	47,7 k €	-49.5%	94,5 k €	+11.4%	84,8 k €	+120%	38,5 k €	-65.5%	111,6 k €	+1614%	6,5 k €	-90.1%	65,5 k €	+604%	9,3 k €	-84.3%	59,3 k €	+21.9%	48,6 k €	-10.4%	54,3 k €	+70.9%	31,8 k €
Debts	78,5 k €	-37.6%	125,7 k €	+125%	55,8 k €	+19.5%	46,7 k €	-54.2%	101,8 k €	+19.0%	85,6 k €	+26.3%	67,7 k €	+27.4%	53,2 k €	-30.3%	76,2 k €	-51.4%	156,9 k €	+1.8%	154,2 k €	-30.9%	223 k €	+28.2%	173,8 k €	-33.6%	262 k €	-20.4%	328,9 k €	+8.8%	302,4 k €	+3.4%	292,6 k €	+14.8%	254,8 k €	-12.4%	290,7 k €
Other
Workforce	–		–		–		–		1,9 ETP		–		–		–		–		2,9 ETP	0.0%	2,9 ETP	0.0%	2,9 ETP	0.0%	2,9 ETP	+3.6%	2,8 ETP	-28.2%	3,9 ETP	-2.5%	4,0 ETP	-11.1%	4,5 ETP	-6.2%	4,8 ETP	0.0%	4,8 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 31/12/2025 · 1 active · 13 ended

Active mandates

Damienne Corman

Director · since 14 février 2022

Active

Ended mandates

André DELHEZ

Director · since 30 octobre 2019 · until 30 novembre 2021

Ended

André DELHEZ

Director · since 30 octobre 2019

Ended

Jan Soers

Manager · since 30 octobre 2019

Ended

Jan SOERS

Director · since 30 octobre 2019 · until 14 février 2022

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	24/08/2026	25/08/2025	30/08/2024	22/08/2023	31/08/2022	31/08/2021
General meeting	15/05/2026	16/05/2025	28/06/2024	15/06/2023	30/08/2022	23/08/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	15/05/2026	24/08/2026	French	PDF
Micro model	31/12/2024	16/05/2025	25/08/2025	French	PDF
Micro model	31/12/2023	28/06/2024	30/08/2024	French	PDF
Micro model	31/12/2022	15/06/2023	22/08/2023	French	PDF
Abridged model	31/12/2021	30/08/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	23/08/2021	31/08/2021	French	PDF
Micro model	31/12/2019	15/05/2020	30/09/2020	French	PDF
Micro model	31/12/2018	07/10/2019	08/10/2019	French	PDF
Micro model	31/12/2017	15/05/2018	06/07/2018	French	PDF
Micro model	31/12/2016	15/06/2017	29/08/2017	French	PDF
Abridged model	31/12/2015	20/05/2016	03/08/2016	French	PDF
Abridged model	31/12/2014	15/05/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	26/08/2014	04/09/2014	French	PDF
Abridged model	31/12/2012	17/05/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	18/05/2012	07/11/2012	French	PDF
Abridged model	31/12/2010	20/05/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	21/05/2010	13/08/2010	French	PDF
Abridged model	31/12/2008	15/05/2009	10/08/2009	French	PDF
Abridged model	31/12/2007	16/05/2008	31/08/2008	French	PDF
Abridged model	31/12/2006	18/05/2007	28/08/2007	French	PDF

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 31/12/2025 · 1 active · 13 ended

Active mandates

Damienne Corman

Director · since 14 février 2022

Active

Ended mandates

André DELHEZ

Director · since 30 octobre 2019 · until 30 novembre 2021

Ended

André DELHEZ

Director · since 30 octobre 2019

Ended

Jan Soers

Manager · since 30 octobre 2019

Ended

Jan SOERS

Director · since 30 octobre 2019 · until 14 février 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/03/2022
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates13/01/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates10/05/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Other30/12/2019
DIVERS
PDF
Mandates25/11/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2015
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates22/08/2008
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office27/12/2007
SIEGE SOCIAL
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 2025105,5 k €↓
2024
Annual accounts 2024123 k €↑
2023
Annual accounts 202358,5 k €↓
2022
Annual accounts 202288,5 k €↑
2022
Name changeCosetch
2021
Annual accounts 202128,9 k €↓
2021
Name changeCOSETECH
2019
Annual accounts 2019104,4 k €↑
2018
Annual accounts 201868,5 k €↑
2017
Annual accounts 2017-46,4 k €↓
2016
Annual accounts 201617,8 k €↓
2015
Annual accounts 201587,3 k €↑
2014
Annual accounts 201450,3 k €↑
2013
Annual accounts 201328,2 k €↑
2012
Annual accounts 2012-4,3 k €↓
2011
Annual accounts 201140,6 k €↑
2010
Annual accounts 201033,6 k €↑
2009
Annual accounts 200915,9 k €↓
2008
Annual accounts 200882,2 k €↑
2007
Annual accounts 200725,2 k €↓
2006
Annual accounts 200635,8 k €
05/09/2001
IncorporationPrivate 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

COSETECH

Overview

What does COSETECH do?

Trend over 19 financial years

Indicative valuation

Board of directors

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