ACTIVE

CoGreen

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Financial year 2025 · Closed on 31/12/2025

Net result179,9 k €-23,2 %over 1 year

Equity4,5 M €-1,8 %over 1 year

Identity

Source · BCE/KBO

CoGreen is a Cooperative society incorporated in 2013. Its registered office is in Bruxelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0525.640.426
Incorporation: 02/04/2013
Legal form: Cooperative society
Registered office: Boulevard Simon Bolivar 36
1000 Bruxelles · BruxellesSee on map
Contributed capital: 4 380 375,00 €
Latest accounts: 31/12/2025

Signals

ProfitableSolid equityPositive cashflow

Financials

Source · NBB, 25 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
EBITDA	-21,5 k €	-12.3%	-19,1 k €	+28.2%	-26,6 k €	-11.6%	-23,8 k €	-18.7%	-20,1 k €
Operating result	-21,5 k €	-12.3%	-19,1 k €	+28.2%	-26,6 k €	-11.6%	-23,8 k €	-18.7%	-20,1 k €
Net result	179,9 k €	-23.2%	234,4 k €	-33.1%	350,4 k €	+40.1%	250,1 k €	+22.0%	204,9 k €
Balance sheet
Equity	4,5 M €	-1.8%	4,6 M €	-16.1%	5,5 M €	-0.0%	5,5 M €	-0.7%	5,5 M €
Total assets	4,8 M €	-5.8%	5,2 M €	-13.1%	5,9 M €	+1.3%	5,9 M €	-0.5%	5,9 M €
Cash	–		–		–		–		–
Debts	268,7 k €	-42.6%	468,4 k €	+37.4%	340,9 k €	+40.2%	243,1 k €	+5.2%	231,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ann NAESSENS	Director25/03/2013 → 20/06/2028
Lionel MATTHYSEN	Director17/06/2022 → 20/06/2028
Maria SAS	Chairman of the board of directors21/06/2024 → 18/06/2027Director27/04/2016 → 20/06/2028
Julien LADRIÈRE	Director21/06/2024 → 18/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Guy VAN RYSSEGHEM	Director18/06/2021 → 2023 accounts
Joris MEERSCHAERT	Director18/06/2021 → 2023 accounts
Anthony THOMAS	Director21/06/2019 → 2021 accounts
Nico PRIEM	Chairman of the board of directors21/06/2019 → 2021 accounts

Other companies at this address

Boulevard Simon Bolivar 36 1000 Bruxelles

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BELGIAN NUCLEAR LIABILITIES FUND● Active	0760.370.429
BELGONUCLEAIRE● Active	0403.126.258
BELUX INNOVATION HOLDING● Active	0664.799.495
BLOMHOF● Active	0405.671.420
Cercle des Ex-Tra asbl● Active	0725.783.296
Conquest4Wind P5● Active	0697.691.997
ELECTRABEL● Active	0403.170.701
ELECTRABEL GREEN PROJECTS FLANDERS● Active	0465.399.763
ELECTRABEL SEANERGY● Active	0479.612.837
Electric Mobility Infrastructure Belgium● Active	1027.867.824
ENERGY ASSISTANCE● Active	0475.635.144
ENGIE ENERGY MANAGEMENT● Active	0831.958.211
ENGIE ENERGY SERVICES INTERNATIONAL● Active	0403.108.145
ENGIE Global Business Support● Active	0505.619.626
Engie Impact Belgium● Active	0724.730.649
ENGIE MANAGEMENT COMPANY BELGIUM● Active	0825.952.921
ENGIE PILLAR 2 - BELGIQUE● Active	1014.115.204
GREENSKY● Active	0817.203.422
GROEN COMPAGNIE VERTE● Active	0687.519.370
INTERNATIONAL POWER● Active	0403.203.264

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	23/06/2026	07/07/2025	25/06/2024	26/06/2023	21/06/2022	09/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 25 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	23/06/2026	French	PDF
Full model	31/12/2025	19/06/2026	23/06/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	07/07/2025	French	PDF
Full model	31/12/2024	20/06/2025	07/07/2025	Dutch	PDF
Full model	31/12/2023	21/06/2024	25/06/2024	Dutch	PDF
Full model	31/12/2023	21/06/2024	25/06/2024	French	PDF
Full model	31/12/2022	16/06/2023	26/06/2023	French	PDF
Full model	31/12/2022	16/06/2023	26/06/2023	Dutch	PDF
Full model	31/12/2021	17/06/2022	21/06/2022	French	PDF
Full model	31/12/2021	17/06/2022	21/06/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	09/07/2021	French	PDF
Full model	31/12/2020	18/06/2021	09/07/2021	Dutch	PDF
Full model	31/12/2019	19/06/2020	10/07/2020	Dutch	PDF
Full model	31/12/2019	19/06/2020	10/07/2020	French	PDF
Full model	31/12/2018	21/06/2019	26/06/2019	Dutch	PDF
Full model	31/12/2018	21/06/2019	26/06/2019	French	PDF
Full model	31/12/2017	16/06/2018	26/06/2018	Dutch	PDF
Full model	31/12/2017	16/06/2018	26/06/2018	French	PDF
Full model	31/12/2016	16/06/2017	30/06/2017	Dutch	PDF
Full model	31/12/2016	16/06/2017	30/06/2017	French	PDF
Full model	31/12/2015	17/06/2016	07/07/2016	French	PDF
Full model	31/12/2015	17/06/2016	07/07/2016	Dutch	PDF
Full model	31/12/2014	19/06/2015	24/06/2015	French	PDF
Full model	31/12/2014	19/06/2015	24/06/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	27/06/2014	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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

4 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ann NAESSENS	Director25/03/2013 → 20/06/2028
Lionel MATTHYSEN	Director17/06/2022 → 20/06/2028
Maria SAS	Chairman of the board of directors21/06/2024 → 18/06/2027Director27/04/2016 → 20/06/2028
Julien LADRIÈRE	Director21/06/2024 → 18/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Guy VAN RYSSEGHEM	Director18/06/2021 → 2023 accounts
Joris MEERSCHAERT	Director18/06/2021 → 2023 accounts
Anthony THOMAS	Director21/06/2019 → 2021 accounts
Nico PRIEM	Chairman of the board of directors21/06/2019 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/08/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates24/08/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates07/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2025
DEMISSIONS, NOMINATIONS
PDF
Other05/08/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other05/08/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2024
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings13 filings

Mandates

Maria SAS

Lionel MATTHYSEN

Ann NAESSENS

Julien LADRIÈRE

Guy VAN RYSSEGHEM

Joris MEERSCHAERT

Anthony THOMAS

Nico PRIEM

Guy VAN RYSSEGEHM

François Pierre Thoumsin

François Thoumsin

Didier Léchaudé

2013201420152016201720182019202020212022202320242025202620272028

CoGreenELECTRABEL COGREEN

Boulevard Simon Bolivar 36, 1000 Brussels

Chairman of the board of directorsDirector

Director

Chairman of the board of directorsDirector

Director

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boulevard Simon Bolivar 36, 1000 BrusselsCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00219968
BOULEVARD SIMON BOLIVAR 34, 1000 Brussels	accounts 2021	Accounts 2021 · 2022-20091912

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CoGreenCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00219968
ELECTRABEL COGREEN	accounts 2013 → 2021	Accounts 2021 · 2022-20091912

Events

2025
Annual accounts 2025179,9 k €↓
2024
Annual accounts 2024234,4 k €↓
2023
Annual accounts 2023350,4 k €↑
2022
Annual accounts 2022250,1 k €↑
2022
Name changeCoGreen
2021
Annual accounts 2021204,9 k €↓
2020
Annual accounts 2020278,2 k €↑
2019
Annual accounts 2019240,1 k €↑
2018
Annual accounts 2018192,7 k €↑
2017
Annual accounts 2017151,3 k €↑
2016
Annual accounts 2016106,4 k €↑
2015
Annual accounts 201567,2 k €↑
2014
Annual accounts 201457,7 k €↑
2013
Annual accounts 2013-4,6 k €
02/04/2013
IncorporationCooperative society

CoGreen

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events