ACTIVE

Cotec

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Financial year 2025 · closed on 31/12/2025
Net result
107,4 k €
+785.5% YoY
Gross margin
746,2 k €
+148.4% YoY
Equity
174,6 k €
+159.6% YoY
Workforce
8,8 ETP

What does Cotec do?

Cotec is a Private limited company incorporated in 2022. Its main activity is: Electrical installation. Its registered office is in Anderlecht. It employs on average 8,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0789.750.541
Incorporation
18/08/2022
Legal form
Private limited company
Registered office
Chaussée de Mons 814a box 8E
1070 Anderlecht · BruxellesSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Average workforce
8,8 ETP
Activities (NACE)
43211Electrical installation· main43211Electrical installation42211Construction of utility projects for fluids42211Construction of utility projects for fluids42990Construction of other civil engineering projects n.e.c.42990Construction of other civil engineering projects n.e.c.+2
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 3 financial years

202520242023
Income statement
Gross margin746,2 k €300,4 k €332 k €
EBITDA246 k €94,4 k €121,3 k €
Operating result168,9 k €34,3 k €83,2 k €
Net result107,4 k €12,1 k €53,2 k €
Balance sheet
Equity174,6 k €67,3 k €55,2 k €
Total assets834 k €463,9 k €470,4 k €
Cash7,5 k €2,8 k €1,6 k €
Debts659,3 k €396,6 k €415,2 k €
Other
Workforce8,8 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

Okan Alhan

Administrator - manager

Active

Ended mandates

Okan Alhan

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
BUSINESS OFFICE● Bankrupt
0818.582.307
VHRehab● Active
1003.586.546
Annual accounts

Full financial information

202520242023
Type of accountAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202418/08/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months17 months
Filing date08/04/202628/08/202527/08/2024
General meeting01/04/202626/08/202526/08/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/04/202608/04/2026DutchPDF
Micro model31/12/202426/08/202528/08/2025DutchPDF
Micro model31/12/202326/08/202427/08/2024DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

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

Active mandates

Okan Alhan

Administrator - manager

Active

Ended mandates

Okan Alhan

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office07/05/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other22/08/2022
    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 2025107,4 k €↑
  2. 2024
    Annual accounts 202412,1 k €↓
  3. 2023
    Annual accounts 202353,2 k €
  4. 18/08/2022
    IncorporationPrivate limited company