ACTIVE

CO2LOGIC

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Financial year 2025 · closed on 31/12/2025
Net result
744,9 k €
+983.3% YoY
Revenue
10 M €
+4.6% YoY
Equity
5,9 M €
+14.3% YoY
Workforce
29,5 ETP
-13.7% YoY

What does CO2LOGIC do?

CO2LOGIC is a Public limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles. It employs on average 29,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0886.147.359
Incorporation
05/01/2007
Legal form
Public limited company
Registered office
Cantersteen 47
1000 Bruxelles · BruxellesSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Average workforce
29,5 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy72109Research and experimental development on natural sciences and engineering72190Other research and experimental development on natural sciences and engineering+2
Joint committees (3)
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Revenue10 M €9,5 M €17,7 M €–––––––––––––––
EBITDA735,6 k €-324,1 k €1,7 M €1,6 M €1,7 M €1,1 M €555 k €162,7 k €166,2 k €-754,5 €127,3 k €82,8 k €70,1 k €136,6 k €95,3 k €72 k €54,2 k €282,5 €
Operating result650 k €-423,6 k €1,6 M €1,6 M €1,6 M €1,1 M €513,7 k €136,1 k €129,5 k €-9,5 k €120 k €75,7 k €61,6 k €128,2 k €89 k €68 k €52,9 k €-1,6 k €
Net result744,9 k €-84,3 k €1,1 M €1,2 M €1,1 M €773,8 k €351,4 k €94,9 k €77,9 k €-18,6 k €88,6 k €52,6 k €40,5 k €92,3 k €71,7 k €50,8 k €32 k €2,7 k €
Balance sheet
Equity5,9 M €5,2 M €5,3 M €4,2 M €3 M €785,4 k €350,7 k €356,9 k €375 k €337,8 k €356,3 k €372,7 k €430,1 k €603,6 k €511,4 k €439,6 k €88,7 k €56,7 k €
Total assets12,2 M €13,6 M €13,5 M €16,7 M €8,3 M €3,8 M €1,1 M €963,6 k €716,3 k €494,4 k €521,3 k €525,5 k €692,1 k €738,5 k €643,4 k €654,6 k €246,1 k €165,1 k €
Cash1,4 M €2,8 M €2 M €5,8 M €2,5 M €986,7 k €303,4 k €112,7 k €175,3 k €154,7 k €172,2 k €303,1 k €425,8 k €383,5 k €248,7 k €350,3 k €92,9 k €90,8 k €
Debts5,8 M €7 M €7,2 M €11,8 M €2,8 M €2,9 M €788,8 k €556,4 k €312,6 k €153,7 k €165 k €152,8 k €262 k €134,8 k €132 k €215 k €157,3 k €108,3 k €
Other
Workforce29,5 ETP34,2 ETP42,9 ETP36,9 ETP24,0 ETP8,0 ETP7,1 ETP7,0 ETP6,3 ETP4,2 ETP4,2 ETP2,7 ETP3,1 ETP2,2 ETP0,3 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 · 3 active · 43 ended

Active mandates

David Charlier

Managing director · since 30 avril 2025 · until 30 avril 2026

Active
Herman Noppen

Director · since 30 avril 2025 · until 30 avril 2026

Active
Thomas Lengelé

Director · since 30 avril 2025 · until 30 avril 2026

Active

Ended mandates

Herman Noppen

Director · since 30 avril 2024 · until 30 avril 2025

Ended
Thomas Lengelé

Director · since 30 avril 2024 · until 30 avril 2025

Ended
AMARSE

Director · since 22 décembre 2023 · until 22 décembre 2029 · 0832.970.375

Represented by Geerinckx ANTOINE

Ended
Herman Noppen

Director · since 22 décembre 2023 · until 30 avril 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged 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 date18/05/202626/05/202528/05/202424/05/202324/05/202209/07/2021
General meeting28/04/202629/04/202530/04/202425/04/202326/04/202216/06/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/04/202618/05/2026DutchPDF
Full model31/12/202429/04/202526/05/2025DutchPDF
Full model31/12/202330/04/202428/05/2024DutchPDF
Abridged model31/12/202225/04/202324/05/2023DutchPDF
Abridged model31/12/202126/04/202224/05/2022DutchPDF
Abridged model31/12/202016/06/202109/07/2021DutchPDF
Abridged model31/12/201929/03/202029/04/2020DutchPDF
Abridged modelCorrection31/12/201801/04/201930/08/2019DutchPDF
Abridged modelCorrection31/12/201801/04/201927/06/2019DutchPDF
Abridged model31/12/201801/04/201929/04/2019DutchPDF
Abridged model31/12/201707/05/201805/06/2018DutchPDF
Abridged model31/12/201625/04/201717/05/2017DutchPDF
Abridged model31/12/201508/06/201605/07/2016DutchPDF
Abridged model31/12/201428/04/201506/05/2015FrenchPDF
Abridged model31/12/201329/04/201423/05/2014FrenchPDF
Abridged model31/12/201230/04/201323/07/2013FrenchPDF
Abridged model31/12/201124/04/201227/08/2012FrenchPDF
Abridged model31/12/201026/04/201115/06/2011FrenchPDF
Abridged model31/12/200927/04/201005/05/2010FrenchPDF
Abridged model31/12/200804/03/200912/06/2009FrenchPDF
Abridged model31/12/200727/05/200810/06/2008FrenchPDF
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 · 3 active · 43 ended

Active mandates

David Charlier

Managing director · since 30 avril 2025 · until 30 avril 2026

Active
Herman Noppen

Director · since 30 avril 2025 · until 30 avril 2026

Active
Thomas Lengelé

Director · since 30 avril 2025 · until 30 avril 2026

Active

Ended mandates

Herman Noppen

Director · since 30 avril 2024 · until 30 avril 2025

Ended
Thomas Lengelé

Director · since 30 avril 2024 · until 30 avril 2025

Ended
AMARSE

Director · since 22 décembre 2023 · until 22 décembre 2029 · 0832.970.375

Represented by Geerinckx ANTOINE

Ended
Herman Noppen

Director · since 22 décembre 2023 · until 30 avril 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office01/10/2021
    SIEGE SOCIAL
    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 2025744,9 k €↑
  2. 2024
    Annual accounts 2024-84,3 k €↓
  3. 2023
    Annual accounts 20231,1 M €↓
  4. 2022
    Annual accounts 20221,2 M €↑
  5. 2021
    Annual accounts 20211,1 M €↑
  6. 2019
    Annual accounts 2019773,8 k €↑
  7. 2018
    Annual accounts 2018351,4 k €↑
  8. 2017
    Annual accounts 201794,9 k €↑
  9. 2016
    Annual accounts 201677,9 k €↑
  10. 2015
    Annual accounts 2015-18,6 k €↓
  11. 2014
    Annual accounts 201488,6 k €↑
  12. 2013
    Annual accounts 201352,6 k €↑
  13. 2012
    Annual accounts 201240,5 k €↓
  14. 2011
    Annual accounts 201192,3 k €↑
  15. 2010
    Annual accounts 201071,7 k €↑
  16. 2009
    Annual accounts 200950,8 k €↑
  17. 2008
    Annual accounts 200832 k €↑
  18. 2007
    Annual accounts 20072,7 k €
  19. 05/01/2007
    IncorporationPublic limited company