ACTIVE

Coshift

Financial year 2025 · closed on 31/12/2025
Net result
48,5 k €
-22.5% YoY
Gross margin
139,7 k €
+6.2% YoY
Equity
301,8 k €
+19.1% YoY

What does Coshift do?

Coshift is a Private limited company incorporated in 2006. Its main activity is: Management consultancy activities. Its registered office is in Herzele.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0881.396.933
Incorporation
18/05/2006
Legal form
Private limited company
Registered office
Provincieweg 405
9550 Herzele · FlandreSee on map
Contributed capital
19 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201820172016201520142013201220112010200920082007
Income statement
Gross margin139,7 k €131,5 k €130 k €136,4 k €42,6 k €22,2 k €13,4 k €17,4 k €46,1 k €37,1 k €39,7 k €29,6 k €38,6 k €15,8 k €12 k €4,9 k €-1,1 k €
EBITDA135,3 k €128,7 k €127,8 k €134,4 k €40,5 k €20,5 k €10,2 k €16 k €43,6 k €35,3 k €32,9 k €21,9 k €31,5 k €14,8 k €10,5 k €4,7 k €-1,3 k €
Operating result96,4 k €101,9 k €104,8 k €119,2 k €29,9 k €7,6 k €-3,4 k €2,8 k €30,5 k €19,7 k €18,4 k €4,9 k €17,2 k €3,3 k €8 k €2,8 k €-1,5 k €
Net result48,5 k €62,6 k €65,1 k €97 k €22,9 k €2,2 k €-9,6 k €-8,1 k €19,8 k €8,5 k €6,8 k €-7,6 k €4,8 k €-37,1 k €4,6 k €1,6 k €-1,5 k €
Balance sheet
Equity301,8 k €253,3 k €190,7 k €125,6 k €28,6 k €3,4 k €1,2 k €10,8 k €18,9 k €-13,7 k €-22,3 k €-29,1 k €-21,5 k €-26,3 k €10,8 k €6,3 k €4,7 k €
Total assets1,2 M €864,4 k €651,6 k €643 k €226,4 k €233,3 k €245,3 k €263,5 k €309,4 k €319 k €319,3 k €315,5 k €314,9 k €287,6 k €24,8 k €19,9 k €10,1 k €
Cash77,1 k €30,6 k €31,6 k €32 k €21,3 k €2,8 k €676,6 €3,1 k €23,2 k €10,2 k €14,3 k €10,3 k €9,3 k €4,7 k €12,4 k €10,5 k €8,8 k €
Debts927,4 k €608,4 k €459,4 k €516,4 k €197,8 k €229,8 k €244,1 k €252,7 k €290,5 k €332,8 k €341,6 k €344,6 k €336,4 k €314 k €14 k €13,6 k €5,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Dieter DE NAEYER

Director

Active
Ken DE NORRE - DE GROOF

Director

Active

Ended mandates

Ken De Norre - De Groof

Director · since 23 novembre 2020

Ended
Ken De Norre - De Groof

Associate · since 23 novembre 2020

Ended
Dieter De Naeyer

Director · since 21 octobre 2016

Ended
Dieter De Naeyer

Associate · since 21 octobre 2016

Ended
At this address

Other companies at this address

CompanyCBE no.
MoveteXActive
0788.546.949
RefAssistActive
0505.722.564
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/07/202615/07/202522/07/202425/07/202318/08/202203/08/2021
General meeting01/06/202602/06/202503/06/202405/06/202307/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/06/202623/07/2026DutchPDF
Micro model31/12/202402/06/202515/07/2025DutchPDF
Micro model31/12/202303/06/202422/07/2024DutchPDF
Micro model31/12/202205/06/202325/07/2023DutchPDF
Micro model31/12/202107/06/202218/08/2022DutchPDF
Micro model31/12/202007/06/202103/08/2021DutchPDF
Micro model31/12/201901/06/202010/08/2020DutchPDF
Micro model31/12/201829/06/201928/01/2020DutchPDF
Abridged model31/12/201714/08/201831/08/2018DutchPDF
Abridged model31/12/201631/07/201731/08/2017DutchPDF
Abridged model31/12/201529/06/201626/09/2016DutchPDF
Abridged model31/12/201420/08/201521/01/2016DutchPDF
Abridged model31/12/201329/06/201426/09/2014DutchPDF
Abridged model31/12/201228/06/201328/08/2013DutchPDF
Abridged model31/12/201129/06/201206/09/2012DutchPDF
Abridged model31/12/201029/06/201103/08/2011DutchPDF
Abridged model31/12/200907/06/201024/06/2010DutchPDF
Abridged model31/12/200829/06/200905/10/2009DutchPDF
Abridged model31/12/200730/06/200819/09/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 active · 12 ended

Active mandates

Dieter DE NAEYER

Director

Active
Ken DE NORRE - DE GROOF

Director

Active

Ended mandates

Ken De Norre - De Groof

Director · since 23 novembre 2020

Ended
Ken De Norre - De Groof

Associate · since 23 novembre 2020

Ended
Dieter De Naeyer

Director · since 21 octobre 2016

Ended
Dieter De Naeyer

Associate · since 21 octobre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/04/2025
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates07/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/11/2016
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/11/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/05/2006
    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

Timeline

  1. 2025
    Annual accounts 202548,5 k €
  2. 2024
    Annual accounts 202462,6 k €
  3. 2023
    Annual accounts 202365,1 k €
  4. 2022
    Annual accounts 202297 k €
  5. 2021
    Annual accounts 202122,9 k €
  6. 2018
    Annual accounts 20182,2 k €
  7. 2017
    Annual accounts 2017-9,6 k €
  8. 2016
    Annual accounts 2016-8,1 k €
  9. 2016
    Name changeCoshift
  10. 2015
    Annual accounts 201519,8 k €
  11. 2014
    Annual accounts 20148,5 k €
  12. 2013
    Annual accounts 20136,8 k €
  13. 2012
    Annual accounts 2012-7,6 k €
  14. 2011
    Annual accounts 20114,8 k €
  15. 2010
    Annual accounts 2010-37,1 k €
  16. 2009
    Annual accounts 20094,6 k €
  17. 2008
    Annual accounts 20081,6 k €
  18. 2007
    Annual accounts 2007-1,5 k €
  19. 2007
    Name changeABBETT
  20. 18/05/2006
    IncorporationPrivate limited company