ACTIVE

CO-EX

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
129,4 k €
+21.7% YoY
Gross margin
261,9 k €
+14.1% YoY
Equity
516,8 k €
+18.0% YoY

What does CO-EX do?

CO-EX is a Private limited company incorporated in 2009. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Herent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0814.781.687
Incorporation
22/06/2009
Legal form
Private limited company
Registered office
Spekstraat 22
3020 Herent · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin261,9 k €229,5 k €182,5 k €201,7 k €180,8 k €132,2 k €69,6 k €90,7 k €164,9 k €156 k €154,3 k €127,9 k €118,2 k €93,9 k €80,2 k €63,9 k €
EBITDA253,4 k €223,4 k €174,4 k €198,6 k €177,1 k €126,1 k €65,8 k €87,3 k €116,2 k €153,1 k €150,8 k €125,3 k €115,4 k €92,2 k €78 k €61 k €
Operating result188,5 k €162,9 k €111,1 k €142,4 k €136,8 k €81,7 k €9,3 k €39,5 k €76,8 k €114,4 k €124,8 k €89,3 k €81,2 k €59,1 k €57,5 k €49,9 k €
Net result129,4 k €106,3 k €66,5 k €101,8 k €89,1 k €50,5 k €2 k €20,8 k €39,3 k €66,3 k €72,8 k €15,5 k €53,6 k €34,7 k €41,2 k €35,8 k €
Balance sheet
Equity516,8 k €438 k €331,7 k €337,3 k €274,7 k €300,2 k €322,5 k €320,5 k €299,7 k €260,4 k €194,1 k €121,3 k €54,6 k €87,9 k €63,2 k €32 k €
Total assets872,3 k €805,1 k €767,9 k €835,9 k €798 k €729,3 k €782,4 k €798,8 k €840,4 k €815,5 k €592,4 k €499,5 k €437,9 k €462,3 k €262,1 k €118,4 k €
Cash315,9 k €205,2 k €201,8 k €163 k €113,2 k €97,5 k €114 k €11,4 k €4,6 k €46,7 k €118,7 k €46,1 k €4,1 k €14,6 k €34,7 k €71,1 k €
Debts355,4 k €367,1 k €436,2 k €498,6 k €523,3 k €429 k €459,9 k €478,3 k €540,6 k €555 k €398,3 k €378,1 k €383,3 k €374,4 k €198,9 k €86,3 k €
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 · 1 active · 1 ended

Active mandates

Thierry Rillaers

Director · since 27 novembre 2023

Active

Ended mandates

Thierry Rillaers

Manager · since 22 juin 2009

Ended
At this address

Other companies at this address

CompanyCBE no.
NEXDT● Active
0716.889.485
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date31/07/202630/08/202519/08/202417/09/202328/07/202226/08/2021
General meeting08/06/202609/06/202510/06/202412/06/202313/06/202226/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202508/06/202631/07/2026DutchPDF
Micro model31/12/202409/06/202530/08/2025DutchPDF
Micro model31/12/202310/06/202419/08/2024DutchPDF
Micro model31/12/202212/06/202317/09/2023DutchPDF
Micro model31/12/202113/06/202228/07/2022DutchPDF
Micro model31/12/202026/08/202126/08/2021DutchPDF
Micro model31/12/201920/09/202005/10/2020DutchPDF
Micro model31/12/201810/06/201930/08/2019DutchPDF
Micro model31/12/201711/06/201831/08/2018DutchPDF
Micro model31/12/201612/06/201731/08/2017DutchPDF
Abridged model31/12/201513/06/201619/07/2016DutchPDF
Abridged model31/12/201408/06/201514/07/2015DutchPDF
Abridged model31/12/201309/06/201431/08/2014DutchPDF
Abridged model31/12/201210/06/201331/07/2013DutchPDF
Abridged model31/12/201111/06/201226/07/2012DutchPDF
Abridged model31/12/201014/06/201129/07/2011DutchPDF
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 · 1 active · 1 ended

Active mandates

Thierry Rillaers

Director · since 27 novembre 2023

Active

Ended mandates

Thierry Rillaers

Manager · since 22 juin 2009

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares23/01/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office07/08/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/09/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/07/2009
    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 2025129,4 k €↑
  2. 2024
    Annual accounts 2024106,3 k €↑
  3. 2023
    Annual accounts 202366,5 k €↓
  4. 2022
    Annual accounts 2022101,8 k €↑
  5. 2021
    Annual accounts 202189,1 k €↑
  6. 2020
    Annual accounts 202050,5 k €↑
  7. 2019
    Annual accounts 20192 k €↓
  8. 2018
    Annual accounts 201820,8 k €↓
  9. 2017
    Annual accounts 201739,3 k €↓
  10. 2016
    Annual accounts 201666,3 k €↓
  11. 2015
    Annual accounts 201572,8 k €↑
  12. 2014
    Annual accounts 201415,5 k €↓
  13. 2013
    Annual accounts 201353,6 k €↑
  14. 2012
    Annual accounts 201234,7 k €↓
  15. 2011
    Annual accounts 201141,2 k €↑
  16. 2010
    Annual accounts 201035,8 k €
  17. 22/06/2009
    IncorporationPrivate limited company