ACTIVE

COEURAM

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Financial year 2025 · Closed on 31/12/2025

Net result218,1 k €+618,9 %over 1 year
Gross margin373,2 k €+106,5 %over 1 year
Equity270,3 k €+92,1 %over 1 year

Identity

Source · BCE/KBO

COEURAM is a Private limited company incorporated in 2002. Its registered office is in Ottignies-Louvain-la-Neuve.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0479.084.285
Incorporation
19/12/2002
Legal form
Private limited company
Registered office
Avenue des Bouleaux 19
1340 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
19 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin373,2 k €180,7 k €227,6 k €256,2 k €226,4 k €
EBITDA363,6 k €176,3 k €223 k €254 k €224,7 k €
Operating result312,2 k €123,9 k €176,9 k €173,7 k €198,9 k €
Net result218,1 k €-42 k €15,8 k €28,9 k €7,5 k €
Balance sheet
Equity270,3 k €140,7 k €182,7 k €167 k €138,1 k €
Total assets885,1 k €929,3 k €895,5 k €901,2 k €435 k €
Cash134,3 k €250,5 k €186,3 k €169,3 k €197,6 k €
Debts604,9 k €778,7 k €702,8 k €734,3 k €296,9 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Thierry Muller

Director

Active

Ended mandates

THIERRY MULLER

Director · since 17 septembre 2019

Ended
THIERRY MULLER

Manager · since 17 décembre 2002

Ended

Full financial information

Source · NBB
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 date17/06/202630/07/202510/06/202431/07/202302/06/202216/06/2021
General meeting03/06/202604/06/202505/06/202407/06/202301/06/202202/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202503/06/202617/06/2026FrenchPDF
Micro model31/12/202404/06/202530/07/2025FrenchPDF
Micro model31/12/202305/06/202410/06/2024FrenchPDF
Micro model31/12/202207/06/202331/07/2023FrenchPDF
Micro model31/12/202101/06/202202/06/2022FrenchPDF
Micro model31/12/202002/06/202116/06/2021FrenchPDF
Micro model31/12/201930/06/202030/07/2020FrenchPDF
Micro model31/12/201805/06/201901/07/2019FrenchPDF
Micro model31/12/201706/06/201814/06/2018FrenchPDF
Micro model31/12/201607/06/201728/06/2017FrenchPDF
Abridged model31/12/201501/06/201626/08/2016FrenchPDF
Abridged model31/12/201403/06/201512/08/2015FrenchPDF
Abridged model31/12/201304/06/201426/08/2014FrenchPDF
Abridged model31/12/201205/06/201307/08/2013FrenchPDF
Abridged model31/12/201106/06/201226/06/2012FrenchPDF
Abridged model31/12/201001/06/201114/06/2011FrenchPDF
Abridged model31/12/200902/06/201002/08/2010FrenchPDF
Abridged model31/12/200830/06/200922/07/2009FrenchPDF
Abridged model31/12/200704/06/200827/08/2008FrenchPDF
Abridged model31/12/200621/06/200707/08/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Thierry Muller

Director

Active

Ended mandates

THIERRY MULLER

Director · since 17 septembre 2019

Ended
THIERRY MULLER

Manager · since 17 décembre 2002

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other23/12/2019
    DIVERS
    PDF
  • Mandates19/09/2019
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares12/12/2013
    OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS
    PDF
  • Capital / shares14/04/2003
    DIVERS - CAPITAL, ACTIONS
    PDF
  • Other30/12/2002
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 2025218,1 k €↑
  2. 2024
    Annual accounts 2024-42 k €↓
  3. 2023
    Annual accounts 202315,8 k €↓
  4. 2022
    Annual accounts 202228,9 k €↑
  5. 2021
    Annual accounts 20217,5 k €↓
  6. 2020
    Annual accounts 202037,6 k €↑
  7. 2019
    Annual accounts 201936 k €↑
  8. 2018
    Annual accounts 2018-25 k €↓
  9. 2017
    Annual accounts 2017-824 €↓
  10. 2016
    Annual accounts 201668 k €↓
  11. 2015
    Annual accounts 201576,5 k €↑
  12. 2014
    Annual accounts 201452 k €↓
  13. 2013
    Annual accounts 2013127,1 k €↓
  14. 2012
    Annual accounts 2012154 k €↓
  15. 2011
    Annual accounts 2011157,1 k €↓
  16. 2010
    Annual accounts 2010164,2 k €↑
  17. 2009
    Annual accounts 2009136 k €↑
  18. 2008
    Annual accounts 2008110,9 k €↑
  19. 2007
    Annual accounts 200785,2 k €↑
  20. 2006
    Annual accounts 200669,1 k €
  21. 19/12/2002
    IncorporationPrivate limited company