ACTIVE

Colinex

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Financial year 2025 · closed on 31/12/2025
Net result
241,4 k €
+1100.7% YoY
Gross margin
1,3 M €
+221.4% YoY
Equity
108,6 k €
+0.1% YoY
Workforce
14,0 ETP
+159.3% YoY

What does Colinex do?

Colinex is a Private limited company incorporated in 2013. Its main activity is: Joinery installation. Its registered office is in Waregem. It employs on average 14,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0537.814.421
Incorporation
30/08/2013
Legal form
Private limited company
Registered office
Westerlaan 36
8790 Waregem · FlandreSee on map
Contributed capital
12 500,00 €
Latest accounts
31/12/2025
Average workforce
14,0 ETP
Activities (NACE)
43320Joinery installation· main43320Joinery installation43341Painting and glazing43341Painting and glazing43332Floor and wall covering43332Floor and wall covering+4
Joint committees (3)
  • 124
  • 12400
  • 20000
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin1,3 M €392,1 k €438,9 k €576 k €443,4 k €261,7 k €131,7 k €129,7 k €90,7 k €106,4 k €56 k €211,7 k €
EBITDA292,1 k €61,7 k €171 k €328 k €233,2 k €45,1 k €51,1 k €49,1 k €33,6 k €40,4 k €7,3 k €20,5 k €
Operating result262,3 k €31,7 k €145,7 k €300,7 k €206,5 k €25,8 k €27,6 k €28,4 k €17,4 k €24,1 k €1,6 k €13,2 k €
Net result241,4 k €20,1 k €143,6 k €294,3 k €203 k €18 k €14,5 k €25,3 k €14,5 k €16,3 k €1,2 k €4,8 k €
Balance sheet
Equity108,6 k €108,5 k €108,4 k €108,3 k €108 k €107,1 k €89,1 k €74,6 k €49,3 k €34,8 k €18,5 k €17,3 k €
Total assets2,1 M €1,5 M €832,8 k €874,1 k €567,5 k €394,1 k €406,6 k €340,9 k €100 k €79,4 k €78,6 k €95,6 k €
Cash263 k €102,4 k €159,6 k €189,7 k €143,7 k €15,2 k €61 k €–34,9 k €36,2 k €1,5 k €16,7 k €
Debts2 M €1,4 M €724,5 k €765,8 k €459,5 k €287 k €317,6 k €266,4 k €50,7 k €44,6 k €57,9 k €77,6 k €
Other
Workforce14,0 ETP5,4 ETP4,3 ETP4,2 ETP4,3 ETP5,0 ETP––––2,0 ETP3,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 16 ended

Active mandates

VROMAN ALEXANDER

Director · 0677.850.747

Represented by Vroman Alexander

Active

Ended mandates

ALEXANDER VROMAN

Manager · since 25 mars 2016

Ended
JURGEN STEELANDT

Manager · since 25 mars 2016

Ended
DE BAETS PROJECTS

Manager · since 29 août 2013 · 0818.501.044

Represented by Donald De Baets

Ended
Smart decoration group

Manager · since 29 août 2013 · 0834.835.349

Represented by Piet Van Raes

Ended
At this address

Other companies at this address

CompanyCBE no.
CVDH Estate● Active
0745.530.023
DENECKERE RIK● Active
0460.130.485
VROMAN & CO● Active
1001.985.551
Warbo● Active
0750.725.857
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date20/08/202629/08/202530/08/202428/06/202321/10/202230/08/2021
General meeting11/06/202630/06/202513/06/202408/06/202309/06/202210/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/06/202620/08/2026DutchPDF
Abridged model31/12/202430/06/202529/08/2025DutchPDF
Abridged model31/12/202313/06/202430/08/2024DutchPDF
Abridged model31/12/202208/06/202328/06/2023DutchPDF
Abridged model31/12/202109/06/202221/10/2022DutchPDF
Abridged model31/12/202010/06/202130/08/2021DutchPDF
Micro model31/12/201911/06/202029/06/2020DutchPDF
Micro model31/12/201813/06/201920/08/2019DutchPDF
Micro model31/12/201714/06/201828/06/2018DutchPDF
Micro model31/12/201608/06/201716/08/2017DutchPDF
Abridged model31/12/201509/06/201630/06/2016DutchPDF
Abridged model31/12/201411/06/201522/07/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 1 active · 16 ended

Active mandates

VROMAN ALEXANDER

Director · 0677.850.747

Represented by Vroman Alexander

Active

Ended mandates

ALEXANDER VROMAN

Manager · since 25 mars 2016

Ended
JURGEN STEELANDT

Manager · since 25 mars 2016

Ended
DE BAETS PROJECTS

Manager · since 29 août 2013 · 0818.501.044

Represented by Donald De Baets

Ended
Smart decoration group

Manager · since 29 août 2013 · 0834.835.349

Represented by Piet Van Raes

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office04/04/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/09/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/11/2020
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Registered office08/03/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/04/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/05/2016
    BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other03/09/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025241,4 k €↑
  2. 2024
    Annual accounts 202420,1 k €↓
  3. 2023
    Annual accounts 2023143,6 k €↓
  4. 2022
    Annual accounts 2022294,3 k €↑
  5. 2021
    Annual accounts 2021203 k €↑
  6. 2020
    Annual accounts 202018 k €↑
  7. 2019
    Annual accounts 201914,5 k €↓
  8. 2018
    Annual accounts 201825,3 k €↑
  9. 2017
    Annual accounts 201714,5 k €↓
  10. 2016
    Annual accounts 201616,3 k €↑
  11. 2015
    Annual accounts 20151,2 k €↓
  12. 2014
    Annual accounts 20144,8 k €
  13. 30/08/2013
    IncorporationPrivate limited company