ACTIVE

Cobea

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Financial year 2025 · Closed on 31/12/2025

Net result10,2 k €+945,3 %over 1 year

Gross margin49,4 k €+31,6 %over 1 year

Equity99,9 k €+11,4 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

Cobea is a Private limited company incorporated in 2012. Its main activity is: Management consultancy activities. Its registered office is in Ixelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0843.697.288
Incorporation: 15/02/2012
Legal form: Private limited company
Registered office: Rue des Champs Elysées 35
1050 Ixelles · BruxellesSee on map
Contributed capital: 18 550,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	49,4 k €	+31.6%	37,5 k €	-63.3%	102,1 k €	+10.9%	92,1 k €	-22.5%	118,8 k €
EBITDA	46,7 k €	+33.7%	34,9 k €	-64.9%	99,5 k €	+10.6%	90 k €	-22.9%	116,8 k €
Operating result	28,3 k €	+100%	14,2 k €	-81.5%	76,5 k €	+13.1%	67,6 k €	-29.7%	96,2 k €
Net result	10,2 k €	+945%	-1,2 k €	-103%	43,1 k €	+15.6%	37,3 k €	-41.5%	63,8 k €
Balance sheet
Equity	99,9 k €	+11.4%	89,7 k €	-1.3%	90,9 k €	+90.2%	47,8 k €	+355%	10,5 k €
Total assets	373,5 k €	-8.5%	408,4 k €	-6.4%	436,1 k €	-7.4%	470,8 k €	+1.0%	465,9 k €
Cash	18 k €	-39.7%	29,8 k €	-23.9%	39,1 k €	+50.9%	25,9 k €	-39.6%	42,9 k €
Debts	273,5 k €	-14.2%	318,7 k €	-7.7%	345,2 k €	-18.4%	423 k €	-7.1%	455,4 k €
Other
Workforce	0,0 ETP		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Géraud de Borchgrave d'Altena	Directorsince 11/03/2022Manager30/01/2012 → 2014 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ADOLPHE DE BORCHGRAVE D'ALTENA GERAUD	Manager2017 accounts
GERAUD DE BORCHGRAVE D'ALTENA,	Director2021 accounts

Other companies at this address

Rue des Champs Elysées 35 1050 Ixelles

Company	CBE no.
Centre interscolaire d'Echanges laïques● Active	0420.609.222
COPECI● Active	0432.041.859
J.V. REAL ESTATE● Active	0438.500.178

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro 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	30/06/2026	25/08/2025	24/07/2024	20/07/2023	24/06/2022	22/07/2021
General meeting	05/06/2026	05/06/2025	05/06/2024	05/06/2023	05/06/2022	05/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	30/06/2026	French	PDF
Micro model	31/12/2024	05/06/2025	25/08/2025	French	PDF
Micro model	31/12/2023	05/06/2024	24/07/2024	French	PDF
Micro model	31/12/2022	05/06/2023	20/07/2023	French	PDF
Micro model	31/12/2021	05/06/2022	24/06/2022	French	PDF
Micro model	31/12/2020	05/06/2021	22/07/2021	French	PDF
Micro model	31/12/2019	05/06/2020	19/08/2020	French	PDF
Micro model	31/12/2018	05/06/2019	29/08/2019	French	PDF
Micro model	31/12/2017	05/06/2018	27/08/2018	French	PDF
Abridged model	31/12/2016	05/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	02/08/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	07/08/2015	French	PDF
Abridged model	31/12/2013	23/05/2014	24/06/2014	French	PDF
Abridged model	31/12/2012	31/05/2013	07/06/2013	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Géraud de Borchgrave d'Altena	Directorsince 11/03/2022Manager30/01/2012 → 2014 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ADOLPHE DE BORCHGRAVE D'ALTENA GERAUD	Manager2017 accounts
GERAUD DE BORCHGRAVE D'ALTENA,	Director2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/03/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office10/06/2020
SIEGE SOCIAL - MODIFICATION FORME JURIDIQUE
PDF
Capital / shares26/09/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Other28/02/2012
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

Géraud de Borchgrave d'Altena

ADOLPHE DE BORCHGRAVE D'ALTENA GERAUD

GERAUD DE BORCHGRAVE D'ALTENA,

201220132014201520162017201820192020202120222023202420252026

Cobea

Rue des Champs Elysées 35, 1050 Ixelles

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue des Champs Elysées 35, 1050 IxellesCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00234937

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CobeaCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00234937

Events

2025
Annual accounts 202510,2 k €↑
2024
Annual accounts 2024-1,2 k €↓
2023
Annual accounts 202343,1 k €↑
2022
Annual accounts 202237,3 k €↓
2021
Annual accounts 202163,8 k €↑
2020
Annual accounts 2020-2,9 k €↓
2019
Annual accounts 20193,6 k €↓
2018
Annual accounts 201835,8 k €↑
2017
Annual accounts 2017-2,2 k €↑
2016
Annual accounts 2016-5,2 k €↑
2015
Annual accounts 2015-14,9 k €↑
2014
Annual accounts 2014-55,8 k €↓
2013
Annual accounts 20136,1 k €↑
2012
Annual accounts 2012-18,8 k €
15/02/2012
IncorporationPrivate limited company

Cobea

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events