ACTIVE

COMBRAY

Financial year 2025 · closed on 31/12/2025
Net result
402,7 €
-97.6% YoY
Gross margin
56,1 k €
-22.1% YoY
Equity
166,3 k €
-1.5% YoY

What does COMBRAY do?

COMBRAY is a Private limited company incorporated in 2014. Its main activity is: Artistic creation. Its registered office is in Molenbeek-Saint-Jean.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0548.706.036
Incorporation
19/03/2014
Legal form
Private limited company
Registered office
Rue Verrept-Dekeyser 48
1080 Molenbeek-Saint-Jean · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin56,1 k €72 k €97,4 k €29,6 k €29,9 k €20,8 k €6,9 k €9,4 k €-2,2 k €-590 €39,8 k €
EBITDA53,5 k €70 k €88,5 k €29,1 k €29,9 k €20,4 k €6,2 k €8,5 k €-6,6 k €-602 €39 k €
Operating result10,4 k €30,3 k €59,9 k €17,5 k €28,7 k €17,1 k €1,9 k €3,2 k €-13,5 k €-5,9 k €36,2 k €
Net result402,7 €16,5 k €36,1 k €5,9 k €20,8 k €9,8 k €1,5 k €1,2 k €-14,5 k €3,3 k €24,8 k €
Balance sheet
Equity166,3 k €168,7 k €126,6 k €85,4 k €57,7 k €38,5 k €28,7 k €27,2 k €25,9 k €40,4 k €37,2 k €
Total assets803,6 k €813,7 k €696,8 k €427,9 k €145,6 k €174,6 k €142,5 k €154,4 k €158,1 k €140,4 k €204,8 k €
Cash100 k €46,2 k €25,4 k €10,4 k €46,5 k €63,2 k €25,1 k €41,8 k €50 k €46,8 k €152,9 k €
Debts634,1 k €634,2 k €567,9 k €342,5 k €87,9 k €136,1 k €113,9 k €127,2 k €132,1 k €100 k €167,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Jean-Baptiste Bernadet

Director · since 19 mars 2014

Active

Ended mandates

JEAN-BAPTISTE BERNADET

Associate · since 19 mars 2014

Ended
JEAN-BAPTISTE BERNADET

Director

Ended
JEAN-BAPTISTE BERNADET

Administrator - manager

Ended
JEAN-BAPTISTE BERNADET

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
0428.134.046
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months18 months12 months12 months12 months
Filing date29/07/202625/07/202530/07/202430/01/202304/02/202217/12/2020
General meeting29/07/202625/07/202526/07/202402/12/202203/12/202104/12/2020
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/07/202629/07/2026FrenchPDF
Micro model31/12/202425/07/202525/07/2025FrenchPDF
Micro model31/12/202326/07/202430/07/2024FrenchPDF
Micro model30/06/202202/12/202230/01/2023FrenchPDF
Abridged model30/06/202103/12/202104/02/2022FrenchPDF
Micro model30/06/202004/12/202017/12/2020FrenchPDF
Micro model30/06/201906/12/201931/01/2020FrenchPDF
Micro model30/06/201814/12/201826/02/2019FrenchPDF
Micro model30/06/201701/12/201716/01/2018FrenchPDF
Abridged model30/06/201602/12/201630/01/2017FrenchPDF
Abridged model30/06/201521/01/201627/01/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 5 ended

Active mandates

Jean-Baptiste Bernadet

Director · since 19 mars 2014

Active

Ended mandates

JEAN-BAPTISTE BERNADET

Associate · since 19 mars 2014

Ended
JEAN-BAPTISTE BERNADET

Director

Ended
JEAN-BAPTISTE BERNADET

Administrator - manager

Ended
JEAN-BAPTISTE BERNADET

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/04/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Registered office27/12/2017
    SIEGE SOCIAL
    PDF
  • Other21/03/2014
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025402,7 €
  2. 2024
    Annual accounts 202416,5 k €
  3. 2023
    Annual accounts 202336,1 k €
  4. 2022
    Annual accounts 20225,9 k €
  5. 2021
    Annual accounts 202120,8 k €
  6. 2020
    Annual accounts 20209,8 k €
  7. 2019
    Annual accounts 20191,5 k €
  8. 2018
    Annual accounts 20181,2 k €
  9. 2017
    Annual accounts 2017-14,5 k €
  10. 2016
    Annual accounts 20163,3 k €
  11. 2015
    Annual accounts 201524,8 k €
  12. 19/03/2014
    IncorporationPrivate limited company