ACTIVE

COMMA

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Financial year 2025 · closed on 31/12/2025

Net result

1,6 M €

-3.9% YoY

Revenue

2,8 M €

+5.2% YoY

Equity

7,8 M €

+25.5% YoY

Workforce

10,7 ETP

-15.1% YoY

What does COMMA do?

COMMA is a Public limited company incorporated in 2006. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen. It employs on average 10,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0881.161.757

Incorporation

08/05/2006

Legal form

Public limited company

Registered office

Scheldelaan 417
2030 Antwerpen · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

10,7 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2018		2015		2011		2010		2009		2008		2007		2006
Income statement
Revenue	2,8 M €	+5.2%	2,7 M €	+16.6%	2,3 M €	-22.6%	3 M €	+13.1%	2,6 M €	+4.3%	2,5 M €	+39.9%	1,8 M €	-1.5%	1,8 M €	+325%	428,4 k €	-6.7%	459,3 k €	-5.3%	484,9 k €	-22.7%	627 k €		–		–
EBITDA	468,2 k €	+22.7%	381,8 k €	+35.2%	282,3 k €	+123%	-1,2 M €	-93.2%	-643,3 k €	+2.3%	-658,1 k €	-7.4%	-613 k €	-330%	266,3 k €	-18.8%	327,9 k €	-7.3%	353,7 k €	-7.8%	383,5 k €	-26.7%	523,1 k €	+63.0%	320,9 k €	+75.1%	183,3 k €
Operating result	284,6 k €	-1.1%	287,7 k €	+72.6%	166,7 k €	+112%	-1,3 M €	-81.0%	-744,1 k €	+1.2%	-753,3 k €	-5.5%	-714,2 k €	-547%	159,7 k €	-51.3%	327,9 k €	-7.0%	352,5 k €	-8.1%	383,5 k €	-26.7%	523,1 k €	+63.0%	320,9 k €	+76.6%	181,8 k €
Net result	1,6 M €	-3.9%	1,7 M €	-67.9%	5,2 M €	+415%	-1,6 M €	-137%	4,4 M €	+47240%	-9,4 k €	-158%	16,2 k €	-89.7%	156,9 k €	+952%	14,9 k €	-97.4%	566,3 k €	-17.2%	683,9 k €	-65.5%	2 M €	+1684%	111,1 k €	+1316%	7,8 k €
Balance sheet
Equity	7,8 M €	+25.5%	6,2 M €	-3.0%	6,4 M €	-7.9%	7 M €	-19.0%	8,6 M €	+105%	4,2 M €	-22.4%	5,4 M €	-20.9%	6,8 M €	+107%	3,3 M €	+0.5%	3,3 M €	+15.8%	2,8 M €	+31.6%	2,2 M €	+1050%	188 k €	+0.1%	187,8 k €
Total assets	16,3 M €	-4.9%	17,1 M €	-8.0%	18,6 M €	-2.0%	19 M €	-16.2%	22,7 M €	+35.7%	16,7 M €	-0.9%	16,9 M €	+11.9%	15,1 M €	+33.7%	11,3 M €	+0.5%	11,2 M €	+2.0%	11 M €	+5.4%	10,4 M €	+4.6%	10 M €	+88.9%	5,3 M €
Cash	11,6 k €	-27.2%	15,9 k €	-97.7%	697,6 k €	+5945%	11,5 k €	-24.1%	15,2 k €	-61.1%	39 k €	-85.6%	270,8 k €	+367%	58 k €	+133%	24,9 k €	-43.3%	43,9 k €	+67.6%	26,2 k €	-29.9%	37,4 k €	-51.1%	76,5 k €	+13.9%	67,2 k €
Debts	8,4 M €	-22.4%	10,8 M €	-10.6%	12,1 M €	+1.2%	12 M €	-14.6%	14 M €	+12.4%	12,5 M €	+9.2%	11,4 M €	+39.3%	8,2 M €	+4.0%	7,9 M €	+0.6%	7,8 M €	-2.9%	8,1 M €	-1.2%	8,2 M €	-15.6%	9,7 M €	+93.0%	5 M €
Other
Workforce	10,7 ETP	-15.1%	12,6 ETP	+5.0%	12,0 ETP	+23.7%	9,7 ETP	+2.1%	9,5 ETP	-2.1%	9,7 ETP	+1.0%	9,6 ETP	-34.7%	14,7 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 24 ended

Active mandates

Jérôme Waterkeyn

Director · since 14 juin 2024 · until 28 juin 2030

Active

Mieke Hoorens

Managing director · since 14 juin 2024 · until 28 juin 2030

Active

Philippe Tychon

Director · since 14 juin 2024 · until 28 juin 2030

Active

Stijn Vermoet

Managing director · since 14 juin 2024 · until 30 septembre 2025

Active

Thomas Deruytter

Director · since 14 juin 2024 · until 28 juin 2030

Active

Ended mandates

Jérôme Waterkeyn

Director · since 14 juin 2024 · until 27 juin 2030

Ended

Mieke Hoorens

Managing director · since 14 juin 2024 · until 27 juin 2030

Ended

Nicolas Germond

Chairman of the board of directors · since 14 juin 2024 · until 27 juin 2025

Ended

Philippe Tychon

Director · since 14 juin 2024 · until 27 juin 2030

Ended

At this address

Other companies at this address

Company	CBE no.
HCO● Active	0677.943.490
HYDRO CLEANING INTERNATIONAL● Active	0430.983.371

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	27/07/2026	15/07/2025	27/06/2024	11/06/2024	15/06/2022	22/07/2021
General meeting	29/06/2026	27/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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

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Filings

Annual accounts filings

27 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/06/2026	27/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	15/07/2025	Dutch	PDF
Full model	31/12/2023	14/06/2024	27/06/2024	Dutch	PDF
Full modelCorrection	31/12/2022	09/06/2023	11/06/2024	Dutch	PDF
Full model	31/12/2022	09/06/2023	30/09/2023	Dutch	PDF
Full model	31/12/2021	10/06/2022	15/06/2022	Dutch	PDF
Full model	31/12/2020	11/06/2021	22/07/2021	Dutch	PDF
Full model	31/12/2019	12/06/2020	24/06/2020	Dutch	PDF
Full model	31/12/2018	14/06/2019	27/09/2019	Dutch	PDF
Full model	31/12/2017	27/06/2018	11/07/2018	Dutch	PDF
m120-f-p	31/12/2017	27/06/2018	11/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	18/07/2017	Dutch	PDF
m120-f-p	31/12/2016	22/05/2018	22/06/2018	Dutch	PDF
Full model	31/12/2015	10/06/2016	11/07/2016	Dutch	PDF
m120-f-p	31/12/2015	30/09/2016	25/10/2016	Dutch	PDF
Full model	31/12/2014	12/06/2015	02/07/2015	Dutch	PDF
m120-f-p	31/12/2014	30/09/2016	25/10/2016	Dutch	PDF
Full model	31/12/2013	16/06/2014	15/07/2014	Dutch	PDF
m120-f-p	31/12/2013	30/09/2016	25/10/2016	Dutch	PDF
Full model	31/12/2012	26/08/2013	30/08/2013	Dutch	PDF
m120-f-p	31/12/2012	26/08/2013	04/07/2014	Dutch	PDF
Full model	31/12/2011	08/06/2012	29/06/2012	Dutch	PDF
Full model	31/12/2010	30/05/2011	30/06/2011	Dutch	PDF
Full model	31/12/2009	31/05/2010	21/06/2010	Dutch	PDF

View all 27 filings

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 24 ended

Active mandates

Jérôme Waterkeyn

Director · since 14 juin 2024 · until 28 juin 2030

Active

Mieke Hoorens

Managing director · since 14 juin 2024 · until 28 juin 2030

Active

Philippe Tychon

Director · since 14 juin 2024 · until 28 juin 2030

Active

Stijn Vermoet

Managing director · since 14 juin 2024 · until 30 septembre 2025

Active

Thomas Deruytter

Director · since 14 juin 2024 · until 28 juin 2030

Active

Ended mandates

Jérôme Waterkeyn

Director · since 14 juin 2024 · until 27 juin 2030

Ended

Mieke Hoorens

Managing director · since 14 juin 2024 · until 27 juin 2030

Ended

Nicolas Germond

Chairman of the board of directors · since 14 juin 2024 · until 27 juin 2025

Ended

Philippe Tychon

Director · since 14 juin 2024 · until 27 juin 2030

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2025
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Other09/12/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/08/2021
ONTSLAGEN - BENOEMINGEN
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 20251,6 M €↓
2024
Annual accounts 20241,7 M €↓
2023
Annual accounts 20235,2 M €↑
2022
Annual accounts 2022-1,6 M €↓
2021
Annual accounts 20214,4 M €↑
2020
Annual accounts 2020-9,4 k €↓
2018
Annual accounts 201816,2 k €↓
2015
Annual accounts 2015156,9 k €↑
2011
Annual accounts 201114,9 k €↓
2010
Annual accounts 2010566,3 k €↓
2009
Annual accounts 2009683,9 k €↓
2008
Annual accounts 20082 M €↑
2007
Annual accounts 2007111,1 k €↑
2006
Annual accounts 20067,8 k €
08/05/2006
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

COMMA

Overview

What does COMMA do?

Trend over 14 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