ACTIVE

COMMA,

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

136,1 k €

+12.0% YoY

Gross margin

1,1 M €

+17.2% YoY

Equity

526 k €

+34.9% YoY

Workforce

13,9 ETP

+28.7% YoY

What does COMMA, do?

COMMA, is a Private limited company incorporated in 2004. Its registered office is in Zedelgem. It employs on average 13,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0870.268.954

Incorporation

30/11/2004

Legal form

Private limited company

Registered office

Torhoutsesteenweg 411
8210 Zedelgem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

13,9 ETP

Joint committees (7)

100
10000
100000
200
20000
200000
218

Contacts

2 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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
Gross margin	1,1 M €	+17.2%	958,3 k €	+10.4%	868,4 k €	+4.6%	830,2 k €	+5.9%	784,1 k €	+13.7%	689,3 k €	-8.5%	753,7 k €	+5.3%	715,7 k €	+10.7%	646,8 k €	+11.8%	578,4 k €	+7.8%	536,4 k €	-11.5%	606 k €	+1.8%	595,6 k €	+10.1%	541,1 k €	+60.7%	336,6 k €	+1.4%	332 k €	+68.3%	197,3 k €	+68.2%	117,3 k €	+191%	40,3 k €	-37.7%	64,6 k €
EBITDA	352,4 k €	+0.9%	349,4 k €	+105%	170,5 k €	-10.9%	191,4 k €	+21.6%	157,4 k €	-9.4%	173,8 k €	-7.7%	188,4 k €	-27.5%	259,9 k €	+3.8%	250,3 k €	+12.8%	221,8 k €	+90.2%	116,6 k €	-7.8%	126,5 k €	+99.4%	63,5 k €	-45.1%	115,7 k €	-7.7%	125,3 k €	-14.5%	146,5 k €	+109%	70 k €	+26.8%	55,2 k €	+971%	5,2 k €	-91.8%	62,7 k €
Operating result	254,7 k €	+6.0%	240,2 k €	+283%	62,7 k €	+32.4%	47,3 k €	+39.7%	33,9 k €	-38.3%	54,9 k €	+9.4%	50,2 k €	-67.9%	156,5 k €	+26.9%	123,3 k €	-10.7%	138 k €	+390%	28,2 k €	-62.2%	74,5 k €	+368%	-27,8 k €	-172%	38,8 k €	-40.8%	65,5 k €	-36.0%	102,3 k €	+248%	29,4 k €	+46.5%	20 k €	+159%	-34,1 k €	-176%	45,1 k €
Net result	136,1 k €	+12.0%	121,5 k €	+5095%	-2,4 k €	-3.9%	-2,3 k €	+86.6%	-17,5 k €	-227%	13,7 k €	+574%	-2,9 k €	-104%	79,5 k €	+91.4%	41,5 k €	-22.1%	53,3 k €	+352%	-21,1 k €	-298%	10,7 k €	-84.6%	69,4 k €	+1156%	5,5 k €	-77.1%	24,2 k €	-60.5%	61,1 k €	+1248%	4,5 k €	+418%	875 €	+102%	-42,8 k €	-215%	37,3 k €
Balance sheet
Equity	526 k €	+34.9%	389,9 k €	+45.3%	268,4 k €	-0.9%	270,8 k €	-0.9%	273,2 k €	-6.0%	290,6 k €	+5.0%	276,9 k €	-1.0%	279,8 k €	+39.7%	200,3 k €	+26.2%	158,7 k €	+50.6%	105,4 k €	-16.7%	126,5 k €	+0.5%	125,9 k €	+123%	56,5 k €	-53.3%	121 k €	+25.0%	96,8 k €	+171%	35,7 k €	+14.5%	31,2 k €	+29.3%	24,1 k €	-64.0%	66,9 k €
Total assets	1,8 M €	+4.4%	1,7 M €	-8.6%	1,9 M €	-3.9%	1,9 M €	-1.9%	2 M €	-14.5%	2,3 M €	+6.0%	2,2 M €	+11.4%	1,9 M €	+2.0%	1,9 M €	+25.8%	1,5 M €	-3.7%	1,6 M €	+16.4%	1,4 M €	-12.8%	1,5 M €	+87.3%	827,1 k €	+2.8%	804,8 k €	+24.4%	646,9 k €	+19.2%	542,6 k €	+0.5%	539,9 k €	+20.2%	449,2 k €	+305%	111 k €
Cash	61,6 k €	+2015%	2,9 k €	-9.2%	3,2 k €	-44.3%	5,8 k €		–		190,9 k €	+63.9%	116,5 k €		–		77,2 k €	+109270%	70,6 €	+555%	10,8 €	-100.0%	201,3 k €	+823537%	24,4 €	-95.4%	536,2 €	-85.9%	3,8 k €	-46.5%	7,1 k €	+30182%	23,5 €	-79.1%	112,3 €	+1.9%	110,2 €	-98.8%	9,2 k €
Debts	1,2 M €	-4.8%	1,2 M €	-19.4%	1,5 M €	-4.4%	1,6 M €	-2.0%	1,7 M €	-5.6%	1,8 M €	-4.9%	1,8 M €	+14.1%	1,6 M €	-2.0%	1,6 M €	+27.1%	1,3 M €	-7.8%	1,4 M €	+21.0%	1,2 M €	-14.6%	1,4 M €	+76.6%	769,9 k €	+12.6%	683,5 k €	+24.7%	548,2 k €	+8.2%	506,6 k €	-0.4%	508,7 k €	+20.0%	424 k €	+861%	44,1 k €
Other
Workforce	13,9 ETP	+28.7%	10,8 ETP	-15.0%	12,7 ETP	-1.6%	12,9 ETP	+8.4%	11,9 ETP	0.0%	11,9 ETP	+0.8%	11,8 ETP	+25.5%	9,4 ETP	+22.1%	7,7 ETP	+4.1%	7,4 ETP	-14.0%	8,6 ETP	-21.1%	10,9 ETP	-14.8%	12,8 ETP	+34.7%	9,5 ETP	+61.0%	5,9 ETP	+34.1%	4,4 ETP	+12.8%	3,9 ETP	+129%	1,7 ETP	+70.0%	1,0 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 · 8 ended

Active mandates

Expert Center Daenens

Director · 0745.668.692

Represented by Peter Theuwis

Active

Ended mandates

Expert Center Daenens

Director · since 10 avril 2025 · 0745.668.692

Represented by Peter THEUWIS

Ended

Greetje Demeulenaere

Director

Ended

Greetje Demuelenaere

Manager

Ended

Greetje DEMUELENAERE

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	26/08/2026	03/07/2025	15/02/2024	24/02/2023	23/03/2022	20/07/2021
General meeting	20/07/2026	30/06/2025	02/02/2024	14/02/2023	22/03/2022	28/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/07/2026	26/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	02/02/2024	15/02/2024	Dutch	PDF
Abridged model	31/12/2022	14/02/2023	24/02/2023	Dutch	PDF
Abridged model	31/12/2021	22/03/2022	23/03/2022	Dutch	PDF
Abridged model	31/12/2020	28/06/2021	20/07/2021	Dutch	PDF
Abridged model	31/12/2019	17/08/2020	10/09/2020	Dutch	PDF
Abridged model	31/12/2018	26/08/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	25/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	26/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	22/08/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	17/08/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	18/08/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	02/08/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	10/08/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	05/09/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	19/07/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	22/06/2009	24/07/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	10/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	19/07/2007	Dutch	PDF

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 · 8 ended

Active mandates

Expert Center Daenens

Director · 0745.668.692

Represented by Peter Theuwis

Active

Ended mandates

Expert Center Daenens

Director · since 10 avril 2025 · 0745.668.692

Represented by Peter THEUWIS

Ended

Greetje Demeulenaere

Director

Ended

Greetje Demuelenaere

Manager

Ended

Greetje DEMUELENAERE

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/04/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other05/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL
PDF
Mandates09/05/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/06/2005
ONTSLAGEN - BENOEMINGEN
PDF
Other10/12/2004
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

2025
Annual accounts 2025136,1 k €↑
2024
Annual accounts 2024121,5 k €↑
2023
Annual accounts 2023-2,4 k €↓
2022
Annual accounts 2022-2,3 k €↑
2021
Annual accounts 2021-17,5 k €↓
2020
Annual accounts 202013,7 k €↑
2019
Annual accounts 2019-2,9 k €↓
2018
Annual accounts 201879,5 k €↑
2017
Annual accounts 201741,5 k €↓
2016
Annual accounts 201653,3 k €↑
2015
Annual accounts 2015-21,1 k €↓
2014
Annual accounts 201410,7 k €↓
2013
Annual accounts 201369,4 k €↑
2012
Annual accounts 20125,5 k €↓
2011
Annual accounts 201124,2 k €↓
2010
Annual accounts 201061,1 k €↑
2009
Annual accounts 20094,5 k €↑
2008
Annual accounts 2008875 €↑
2007
Annual accounts 2007-42,8 k €↓
2006
Annual accounts 200637,3 k €
30/11/2004
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

COMMA,

Overview

What does COMMA, do?

Trend over 20 financial years

Indicative valuation

Board of directors

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