ACTIVE

Naval Group Cooperation

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

3,1 k €

-99.7% YoY

Revenue

12 k €

0.0% YoY

Equity

960,3 k €

+0.3% YoY

What does Naval Group Cooperation do?

Naval Group Cooperation is a Public limited company incorporated in 2003. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.420.871

Incorporation

31/10/2003

Legal form

Public limited company

Registered office

Boulevard Bischoffsheim 15
1000 Bruxelles · BruxellesSee on map

Contributed capital

700 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	12 k €	0.0%	12 k €	-99.8%	5,3 M €	-45.2%	9,6 M €	-13.7%	11,1 M €	-12.3%	12,7 M €	-19.5%	15,7 M €	+16.6%	13,5 M €	-14.0%	15,7 M €	-18.3%	19,2 M €	-15.1%	22,6 M €	+23.7%	18,3 M €	+8.5%	16,9 M €	-1.1%	17 M €	+20.9%	14,1 M €	+23.0%	11,5 M €	+38.7%	8,3 M €	+3.2%	8 M €	+28.5%	6,2 M €	+51.8%	4,1 M €
EBITDA	-52,4 k €	-103%	1,7 M €	+227%	521,9 k €	-34.9%	801,1 k €	-3.8%	832,3 k €	+30.4%	638,5 k €	-34.3%	971,9 k €	+46.2%	664,8 k €	+43.7%	462,7 k €	-15.2%	545,5 k €	-28.4%	761,5 k €	+62.8%	467,8 k €	+28.2%	364,8 k €	-8.1%	396,9 k €	+61.4%	245,9 k €	-11.0%	276,4 k €	+60.9%	171,8 k €	-19.2%	212,6 k €	+182%	75,3 k €	+178%	27,1 k €
Operating result	-52,7 k €	-103%	1,6 M €	+214%	513,5 k €	-25.6%	690 k €	-25.1%	921,3 k €	+45.0%	635,3 k €	-34.5%	970,5 k €	+46.2%	663,8 k €	+43.7%	461,8 k €	-15.2%	544,6 k €	-28.4%	760,6 k €	+63.2%	466 k €	+28.6%	362,3 k €	-5.9%	385,1 k €	+64.1%	234,7 k €	-11.1%	264,1 k €	+57.5%	167,7 k €	-19.2%	207,6 k €	+192%	71,2 k €	+257%	19,9 k €
Net result	3,1 k €	-99.7%	1,2 M €	+170%	450,6 k €	-7.9%	489,2 k €	-32.3%	722,8 k €	+104%	354,4 k €	-45.2%	647,3 k €	+155%	253,9 k €	-3.4%	262,9 k €	-24.7%	349 k €	-30.3%	500,6 k €	+64.2%	304,8 k €	+28.8%	236,7 k €	-6.9%	254,2 k €	+42.7%	178,2 k €	-1.9%	181,5 k €	+41.9%	127,9 k €	-18.4%	156,8 k €	+105%	76,4 k €	+49.7%	51 k €
Balance sheet
Equity	960,3 k €	+0.3%	957,2 k €	+1.7%	940,8 k €	+0.1%	940,3 k €	-0.3%	942,8 k €	-1.8%	959,8 k €	-1.7%	976,2 k €	+7.7%	906,6 k €	+0.3%	903,4 k €	+1.2%	893,1 k €	-0.1%	893,9 k €	+5.5%	847,2 k €	+7.5%	788,2 k €	-0.7%	794 k €	+1.7%	780,5 k €	-2.6%	801 k €	-30.7%	1,2 M €	+9.8%	1,1 M €	+15.5%	911,1 k €	+7.6%	846,7 k €
Total assets	2,4 M €	-33.6%	3,6 M €	-24.3%	4,7 M €	-32.0%	6,9 M €	-25.7%	9,3 M €	-27.5%	12,9 M €	-11.5%	14,5 M €	+22.4%	11,9 M €	-7.1%	12,8 M €	-15.7%	15,2 M €	+19.8%	12,7 M €	+55.4%	8,1 M €	+65.5%	4,9 M €	-15.4%	5,8 M €	+48.4%	3,9 M €	+9.1%	3,6 M €	+10.8%	3,2 M €	-30.0%	4,6 M €	+59.3%	2,9 M €	+95.4%	1,5 M €
Cash	497,4 k €	+12.1%	443,9 k €	-73.1%	1,7 M €	-0.5%	1,7 M €	+20.0%	1,4 M €	-87.1%	10,7 M €	+3.0%	10,4 M €	-4.3%	10,9 M €	-12.8%	12,5 M €	-14.9%	14,6 M €	+49.4%	9,8 M €	+38.8%	7,1 M €	+90.1%	3,7 M €	+8.2%	3,4 M €	+231%	1 M €	+199%	346,8 k €	-86.7%	2,6 M €	+127%	1,2 M €	+256%	324,3 k €	-17.1%	391 k €
Debts	508,8 k €	-70.3%	1,7 M €	-42.3%	3 M €	-41.9%	5,1 M €	-32.2%	7,5 M €	-26.6%	10,3 M €	-14.4%	12 M €	+26.2%	9,5 M €	-15.6%	11,3 M €	-17.7%	13,7 M €	+22.8%	11,2 M €	+68.6%	6,6 M €	+78.2%	3,7 M €	-22.7%	4,8 M €	+56.7%	3,1 M €	+17.6%	2,6 M €	+69.8%	1,5 M €	-33.8%	2,3 M €	+51.1%	1,5 M €	+155%	602,5 k €
Other
Workforce	–		–		1,0 ETP	-44.4%	1,8 ETP	-10.0%	2,0 ETP	-50.0%	4,0 ETP	0.0%	4,0 ETP	-9.1%	4,4 ETP	+18.9%	3,7 ETP	-7.5%	4,0 ETP	+29.0%	3,1 ETP	+34.8%	2,3 ETP	0.0%	2,3 ETP	+15.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-9.1%	2,2 ETP	-26.7%	3,0 ETP	0.0%	3,0 ETP	-9.1%	3,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 55 ended

Active mandates

Marie-Laure BOURGEOIS

Director · until 26 mai 2026

Active

Ended mandates

Géraldine LE MAIRE

Director · since 26 avril 2022 · until 30 mai 2023

Ended

Bernard HUET

Director · since 23 mars 2021 · until 31 mai 2022

Ended

David QUANCARD

Director · since 23 mars 2021 · until 31 mai 2022

Ended

Philippe SAUVAGEOT

Mandate · since 01 avril 2018 · until 31 mars 2021

Ended

At this address

Other companies at this address

Company	CBE no.
ADINFO BELGIUM, en abrégé ADINFO● Active	0414.914.926
AMETHIST VASTGOED● Active	0540.850.026
ASK-US● Active	0784.215.207
BR Legal service BV● Active	0771.954.011
BRUSSEL LLOYD GEORGE● Active	0505.690.791
BTWEENX● Active	0771.561.655
CLARITY Legal● Active	1026.433.808
COMITE SYNDICAL EUROPEEN DE L EDUCATION● Active	0850.696.037
EARTHDAY.org EU● Active	1036.726.003
EDUCATION INTERNATIONALE FOUNDATION● Active	0881.944.190
Education International (E.I.) Fédération syndicale mondiale● Active	0806.917.660
EQUI CLEANING● Active	0771.280.850
ETHIAS LEASE CORPORATION● Active	0802.442.495
ETUCE-CSEE● Active	0877.607.203
European Floorcoverings Association● Active	0726.944.922
FONDATION DE L'INSTITUT DE RECHERCHE DE L'INTERNATIONALE DE L'EDUCATION● Active	0891.216.105
Global Student Forum● Active	1007.095.273
GREYSTONE & CO● Active	1040.408.736
Hired● Active	0797.193.906
I.R.E.S.● Active	0453.436.396

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	23/06/2026	17/06/2025	20/06/2024	27/05/2023	04/05/2022	25/05/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	27/04/2023	26/04/2022	17/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/05/2026	23/06/2026	French	PDF
Full model	31/12/2024	27/05/2025	17/06/2025	French	PDF
Full model	31/12/2023	28/05/2024	20/06/2024	French	PDF
Full model	31/12/2022	27/04/2023	27/05/2023	French	PDF
Full model	31/12/2021	26/04/2022	04/05/2022	French	PDF
Full model	31/12/2020	17/05/2021	25/05/2021	French	PDF
Full modelCorrection	31/12/2019	26/05/2020	10/06/2020	French	PDF
Full model	31/12/2019	26/05/2020	28/05/2020	French	PDF
Full model	31/12/2018	29/05/2019	29/05/2019	French	PDF
Full model	31/12/2017	29/05/2018	22/06/2018	French	PDF
Full model	31/12/2016	30/05/2017	01/08/2017	French	PDF
Full model	31/12/2015	31/05/2016	12/07/2016	French	PDF
Full model	31/12/2014	26/05/2015	24/07/2015	French	PDF
Full model	31/12/2013	13/06/2014	04/07/2014	French	PDF
Full model	31/12/2012	02/05/2013	05/06/2013	French	PDF
Full model	31/12/2011	29/05/2012	27/06/2012	French	PDF
Full model	31/12/2010	24/05/2011	24/06/2011	French	PDF
Full model	31/12/2009	04/06/2010	30/06/2010	French	PDF
Full model	31/12/2008	09/06/2009	15/07/2009	French	PDF
Full model	31/12/2007	27/05/2008	25/06/2008	French	PDF
Full model	31/12/2006	26/06/2007	06/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 55 ended

Active mandates

Marie-Laure BOURGEOIS

Director · until 26 mai 2026

Active

Ended mandates

Géraldine LE MAIRE

Director · since 26 avril 2022 · until 30 mai 2023

Ended

Bernard HUET

Director · since 23 mars 2021 · until 31 mai 2022

Ended

David QUANCARD

Director · since 23 mars 2021 · until 31 mai 2022

Ended

Philippe SAUVAGEOT

Mandate · since 01 avril 2018 · until 31 mars 2021

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other01/07/2026
—
PDF
Mandates18/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates26/06/2025
DEMISSIONS, NOMINATIONS
PDF
Registered office10/04/2025
SIEGE SOCIAL
PDF
Mandates25/10/2024
DEMISSIONS, NOMINATIONS
PDF
Other09/10/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates27/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates02/03/2023
DEMISSIONS, NOMINATIONS
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 20253,1 k €↓
2024
Annual accounts 20241,2 M €↑
2023
Annual accounts 2023450,6 k €↓
2022
Annual accounts 2022489,2 k €↓
2021
Annual accounts 2021722,8 k €↑
2020
Annual accounts 2020354,4 k €↓
2019
Annual accounts 2019647,3 k €↑
2018
Annual accounts 2018253,9 k €↓
2017
Annual accounts 2017262,9 k €↓
2017
Name changeNaval Group Cooperation
2016
Annual accounts 2016349 k €↓
2015
Annual accounts 2015500,6 k €↑
2014
Annual accounts 2014304,8 k €↑
2013
Annual accounts 2013236,7 k €↓
2013
Name changeDCNS Cooperation
2012
Annual accounts 2012254,2 k €↑
2011
Annual accounts 2011178,2 k €↓
2010
Annual accounts 2010181,5 k €↑
2009
Annual accounts 2009127,9 k €↓
2008
Annual accounts 2008156,8 k €↑
2007
Annual accounts 200776,4 k €↑
2006
Annual accounts 200651 k €
2006
Name changeTECNOMAR
31/10/2003
IncorporationPublic 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

Naval Group Cooperation

Overview

What does Naval Group Cooperation do?

Trend over 20 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