ACTIVE

COSPAIA

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Financial year 2025 · closed on 30/06/2025

Net result

-160,4 k €

-463.6% YoY

Gross margin

226 k €

-42.5% YoY

Equity

-479,3 k €

-50.3% YoY

Workforce

298 561,4 ETP

+1515440.1% YoY

What does COSPAIA do?

COSPAIA is a Public limited company incorporated in 2005. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Ixelles. It employs on average 298 561,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0873.168.264

Incorporation

13/04/2005

Legal form

Public limited company

Registered office

Rue Capitaine Crespel 1
1050 Ixelles · BruxellesSee on map

Contributed capital

310 000,00 €

Latest accounts

30/06/2025

Average workforce

298 561,4 ETP

Activities (NACE)

55301Camping grounds, recreational vehicle parks and trailer parks· main 56101Restaurants and mobile food service activities 56111Restaurants and mobile food service activities 56301Beverage serving activities 56301Beverage serving activities

Joint committees (2)

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	226 k €	-42.5%	392,9 k €	+390%	-135,3 k €	-122%	625,7 k €	+119%	285,5 k €	-24.3%	377,4 k €	-29.8%	537,7 k €	-0.4%	539,6 k €	-0.2%	540,9 k €	+41.4%	382,5 k €	-24.9%	509,6 k €	+19.7%	425,7 k €	-4.7%	446,5 k €	+8.3%	412,4 k €	-42.4%	715,7 k €	+44.8%	494,3 k €	+20.5%	410,2 k €	-52.2%	858,3 k €	+9.6%	783,4 k €
EBITDA	-72,6 k €	-159%	123,5 k €	+173%	-168,6 k €	-180%	210,2 k €	+112%	99,4 k €	+35.4%	73,4 k €	+120%	33,3 k €	-70.5%	112,9 k €	-21.6%	144 k €	+670%	-25,2 k €	-118%	138,5 k €	+5.6%	131,2 k €	-29.1%	185 k €	+21.7%	152 k €	-69.0%	489,6 k €	+50.0%	326,5 k €	+296%	82,4 k €	-78.4%	381,7 k €	+81.0%	210,9 k €
Operating result	-127,3 k €	-304%	62,5 k €	+129%	-214,4 k €	-215%	185,7 k €	+153%	73,5 k €	+59.5%	46,1 k €	+1557%	2,8 k €	-96.7%	84 k €	-30.5%	120,9 k €	+242%	-85,2 k €	-174%	-31 k €	+32.4%	-45,9 k €	-352%	-10,2 k €	+75.3%	-41,1 k €	-114%	289,9 k €	+182%	102,7 k €	+173%	-141 k €	-188%	159,3 k €	+729%	-25,3 k €
Net result	-160,4 k €	-464%	44,1 k €	+120%	-218,3 k €	-228%	170 k €	+209%	55,1 k €	+135%	23,4 k €	+206%	-22,2 k €	-138%	58,7 k €	-31.8%	86,1 k €	+178%	-111 k €	-81.1%	-61,3 k €	+22.0%	-78,5 k €	-53.4%	-51,2 k €	+47.0%	-96,5 k €	-143%	224,1 k €	+792%	25,1 k €	+111%	-222,4 k €	-503%	55,2 k €	+138%	-144,4 k €
Balance sheet
Equity	-479,3 k €	-50.3%	-318,9 k €	+12.1%	-363 k €	-151%	-144,7 k €	+54.0%	-314,7 k €	+14.9%	-369,8 k €	+6.0%	-393,2 k €	-6.0%	-371 k €	+13.7%	-429,8 k €	+16.7%	-515,8 k €	-27.9%	-403,2 k €	-20.3%	-335,1 k €	-34.2%	-249,7 k €	-30.3%	-191,7 k €	-126%	-84,9 k €	+71.6%	-298,8 k €	+4.7%	-313,6 k €	-287%	-81 k €	+67.1%	-245,9 k €
Total assets	480,6 k €	+15.4%	416,4 k €	+18.7%	350,8 k €	-4.3%	366,5 k €	+74.2%	210,4 k €	+6.3%	198 k €	-20.5%	249,1 k €	+2.6%	242,9 k €	+7.7%	225,5 k €	+12.9%	199,7 k €	-16.1%	238 k €	-33.3%	357 k €	-30.5%	513,6 k €	-28.4%	717,8 k €	-20.7%	905,4 k €	-11.8%	1 M €	-16.9%	1,2 M €	-18.4%	1,5 M €	-14.0%	1,8 M €
Cash	24 k €	-57.8%	56,8 k €	+528%	9 k €	-93.7%	142,5 k €	+187%	49,6 k €	+109%	23,7 k €	-51.6%	49 k €	+21.8%	40,3 k €	-11.5%	45,5 k €	+172%	16,7 k €	+36.0%	12,3 k €	+6.8%	11,5 k €	-28.9%	16,2 k €	-49.5%	32 k €	+47.6%	21,7 k €	+46.8%	14,8 k €	+919%	1,4 k €	-94.2%	25 k €	+108%	12 k €
Debts	959,9 k €	+32.3%	725,3 k €	+4.4%	695 k €	+45.3%	478,3 k €	-2.1%	488,6 k €	-9.7%	541,3 k €	-9.9%	600,9 k €	+4.6%	574,6 k €	-5.2%	605,8 k €	-9.6%	670,1 k €	+14.6%	584,9 k €	-7.6%	633,1 k €	-13.0%	728 k €	-7.6%	788,1 k €	-14.7%	923,8 k €	-23.0%	1,2 M €	-14.4%	1,4 M €	-4.9%	1,5 M €	-20.1%	1,8 M €
Other
Workforce	298 561,4 ETP	+1515440%	19,7 ETP		–		11,1 ETP	0.0%	11,1 ETP	+68.2%	6,6 ETP	-48.4%	12,8 ETP	+16.4%	11,0 ETP	+17.0%	9,4 ETP	+88.0%	5,0 ETP	-47.9%	9,6 ETP	+18.5%	8,1 ETP	+8.0%	7,5 ETP	+4.2%	7,2 ETP	0.0%	7,2 ETP	0.0%	7,2 ETP	-25.8%	9,7 ETP	-40.5%	16,3 ETP	0.0%	16,3 ETP

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 17 ended

Active mandates

DJ : SOLUTIONS

Director · since 19 avril 2023 · 0872.694.350

Represented by Alain Kolgjini

Active

Ended mandates

Dirk Andries

Managing director · since 25 novembre 2016 · until 25 novembre 2022

Ended

DJ : SOLUTIONS

Director · since 25 novembre 2016 · until 25 novembre 2022 · 0872.694.350

Represented by JOSIANNE STEILS

Ended

Josianne Steils

Managing director · since 25 novembre 2016 · until 25 novembre 2022

Ended

SUBJECT SOLUTIONS BVBA

Director · since 25 novembre 2016 · until 25 novembre 2022 · 0869.711.205

Represented by Josiane Steils

Ended

At this address

Other companies at this address

Company	CBE no.
DJ : SOLUTIONS● Active	0872.694.350
Poka Toison d'Or● Active	0790.207.728

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/04/2026	18/05/2025	29/02/2024	30/01/2023	10/02/2022	12/02/2021
General meeting	28/11/2025	29/11/2024	24/11/2023	25/11/2022	26/11/2021	27/11/2020
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	28/11/2025	15/04/2026	French	PDF
Abridged model	30/06/2024	29/11/2024	18/05/2025	French	PDF
Abridged model	30/06/2023	24/11/2023	29/02/2024	French	PDF
Abridged model	30/06/2022	25/11/2022	30/01/2023	French	PDF
Abridged model	30/06/2021	26/11/2021	10/02/2022	French	PDF
Abridged model	30/06/2020	27/11/2020	12/02/2021	French	PDF
Abridged model	30/06/2019	29/11/2019	15/01/2020	French	PDF
Abridged model	30/06/2018	30/11/2018	14/01/2019	French	PDF
Abridged model	30/06/2017	24/11/2017	03/01/2018	French	PDF
Abridged model	30/06/2016	25/11/2016	23/12/2016	French	PDF
Abridged model	30/06/2015	27/11/2015	14/12/2015	French	PDF
Abridged model	30/06/2014	28/11/2014	22/12/2014	French	PDF
Abridged model	30/06/2013	29/11/2013	07/02/2014	French	PDF
Abridged model	30/06/2012	30/11/2012	30/01/2013	French	PDF
Abridged model	30/06/2011	25/11/2011	30/01/2012	French	PDF
Abridged model	30/06/2010	26/11/2010	26/01/2011	French	PDF
Abridged model	30/06/2009	27/11/2009	20/01/2010	French	PDF
Abridged model	30/06/2008	28/11/2008	09/02/2009	French	PDF
Abridged model	30/06/2007	30/11/2007	28/12/2007	French	PDF
Abridged model	30/06/2006	24/11/2006	31/01/2007	French	PDF

Estimate

Indicative valuation

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 30/06/2025 · 1 active · 17 ended

Active mandates

DJ : SOLUTIONS

Director · since 19 avril 2023 · 0872.694.350

Represented by Alain Kolgjini

Active

Ended mandates

Dirk Andries

Managing director · since 25 novembre 2016 · until 25 novembre 2022

Ended

DJ : SOLUTIONS

Director · since 25 novembre 2016 · until 25 novembre 2022 · 0872.694.350

Represented by JOSIANNE STEILS

Ended

Josianne Steils

Managing director · since 25 novembre 2016 · until 25 novembre 2022

Ended

SUBJECT SOLUTIONS BVBA

Director · since 25 novembre 2016 · until 25 novembre 2022 · 0869.711.205

Represented by Josiane Steils

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/05/2023
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates20/09/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates22/12/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates20/03/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates07/01/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates07/08/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates15/04/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates28/01/2009
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 2025-160,4 k €↓
2024
Annual accounts 202444,1 k €↑
2023
Annual accounts 2023-218,3 k €↓
2022
Annual accounts 2022170 k €↑
2021
Annual accounts 202155,1 k €↑
2020
Annual accounts 202023,4 k €↑
2019
Annual accounts 2019-22,2 k €↓
2018
Annual accounts 201858,7 k €↓
2017
Annual accounts 201786,1 k €↑
2016
Annual accounts 2016-111 k €↓
2015
Annual accounts 2015-61,3 k €↑
2014
Annual accounts 2014-78,5 k €↓
2013
Annual accounts 2013-51,2 k €↑
2012
Annual accounts 2012-96,5 k €↓
2011
Annual accounts 2011224,1 k €↑
2010
Annual accounts 201025,1 k €↑
2009
Annual accounts 2009-222,4 k €↓
2008
Annual accounts 200855,2 k €↑
2007
Annual accounts 2007-144,4 k €
13/04/2005
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

COSPAIA

Overview

What does COSPAIA do?

Trend over 19 financial years

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