ACTIVE

BENGICO

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Financial year 2025 · closed on 31/12/2025

Net result

115,9 k €

+49.8% YoY

Gross margin

425,4 k €

-1.1% YoY

Equity

150,3 k €

+2.0% YoY

Workforce

7,3 ETP

-5.2% YoY

What does BENGICO do?

BENGICO is a Private limited company incorporated in 2018. Its main activity is: Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores. Its registered office is in Liège. It employs on average 7,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0691.964.841

Incorporation

13/03/2018

Legal form

Private limited company

Registered office

Place Reine-Astrid 3 box 21
4000 Liège · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

7,3 ETP

Activities (NACE)

47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores· main 47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores 56102Restaurants and mobile food service activities 56112Restaurants and mobile food service activities 56102Restaurants and mobile food service activities 56112Restaurants and mobile food service activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 8 financial years

	2025		2024		2023		2022		2021		2020		2019		2018
Income statement
Gross margin	425,4 k €	-1.1%	430,2 k €	+12.7%	381,7 k €	+20.0%	318,2 k €	+90.2%	167,3 k €	+9.4%	152,9 k €	-57.3%	358,4 k €	+29.1%	277,7 k €
EBITDA	146,5 k €	+17.7%	124,5 k €	+28.6%	96,8 k €	+22.2%	79,2 k €	+122%	35,6 k €	+32.8%	26,8 k €	-15.2%	31,6 k €	-77.1%	138 k €
Operating result	143,9 k €	+35.0%	106,6 k €	+49.5%	71,3 k €	+33.4%	53,4 k €	+449%	-15,3 k €	+36.5%	-24,1 k €	-24.8%	-19,3 k €	-119%	100,6 k €
Net result	115,9 k €	+49.8%	77,4 k €	+69.1%	45,7 k €	+10.3%	41,5 k €	+7160%	571,4 €	+104%	-15,4 k €	+31.6%	-22,5 k €	-135%	64,4 k €
Balance sheet
Equity	150,3 k €	+2.0%	147,3 k €	+11.6%	132 k €	+51.6%	87,1 k €	+91.0%	45,6 k €	+1.3%	45 k €	-25.5%	60,4 k €	-27.2%	83 k €
Total assets	491,7 k €	+37.2%	358,3 k €	+15.8%	309,3 k €	+6.3%	290,9 k €	-3.9%	302,5 k €	+0.3%	301,7 k €	-22.5%	389,3 k €	-8.4%	424,8 k €
Cash	400,6 k €	+174%	146,1 k €	-36.1%	228,7 k €	+21.7%	187,9 k €	+98.1%	94,8 k €	-33.5%	142,7 k €	-22.4%	183,8 k €	-27.2%	252,6 k €
Debts	306,4 k €	+46.8%	208,7 k €	+19.1%	175,2 k €	-13.0%	201,4 k €	-19.6%	250,3 k €	-2.5%	256,7 k €	-21.9%	328,6 k €	-3.9%	341,9 k €
Other
Workforce	7,3 ETP	-5.2%	7,7 ETP	+2.7%	7,5 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 · 3 active · 5 ended

Active mandates

Musa COGO

Director · since 31 décembre 2022

Active

TURKAN CAVAS

Director · since 31 décembre 2022

Active

Benjamin COGO LOUIS

Manager · since 13 mars 2018

Active

Ended mandates

Musa COGO

Associate · since 31 décembre 2022

Ended

Benjamin COGO

Director · since 13 mars 2018

Ended

Benjamin COGO LOUIS

Director · since 13 mars 2018

Ended

Sabri Cogo

Manager · since 13 mars 2018

Ended

At this address

Other companies at this address

Company	CBE no.
COGO MUSA● Active	0676.688.826
HOME-GESTION● Active	1023.916.954

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro 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	29/06/2026	23/06/2025	30/08/2024	30/08/2023	15/06/2022	29/06/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/06/2026	29/06/2026	French	PDF
Abridged model	31/12/2024	13/06/2025	23/06/2025	French	PDF
Abridged model	31/12/2023	14/06/2024	30/08/2024	French	PDF
Micro model	31/12/2022	09/06/2023	30/08/2023	French	PDF
Micro model	31/12/2021	10/06/2022	15/06/2022	French	PDF
Micro model	31/12/2020	11/06/2021	29/06/2021	French	PDF
Micro model	31/12/2019	12/06/2020	09/11/2020	French	PDF
Micro model	31/12/2018	14/06/2019	25/06/2019	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 · 3 active · 5 ended

Active mandates

Musa COGO

Director · since 31 décembre 2022

Active

TURKAN CAVAS

Director · since 31 décembre 2022

Active

Benjamin COGO LOUIS

Manager · since 13 mars 2018

Active

Ended mandates

Musa COGO

Associate · since 31 décembre 2022

Ended

Benjamin COGO

Director · since 13 mars 2018

Ended

Benjamin COGO LOUIS

Director · since 13 mars 2018

Ended

Sabri Cogo

Manager · since 13 mars 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/12/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates06/03/2023
DEMISSIONS, NOMINATIONS
PDF
Other15/03/2018
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

2025
Annual accounts 2025115,9 k €↑
2024
Annual accounts 202477,4 k €↑
2023
Annual accounts 202345,7 k €↑
2022
Annual accounts 202241,5 k €↑
2021
Annual accounts 2021571,4 €↑
2020
Annual accounts 2020-15,4 k €↑
2019
Annual accounts 2019-22,5 k €↓
2018
Annual accounts 201864,4 k €
13/03/2018
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

BENGICO

Overview

What does BENGICO do?

Trend over 8 financial years

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