ACTIVE

COCIO

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Financial year 2025 · closed on 31/12/2025

Net result

-13,4 k €

-110.7% YoY

Gross margin

346 k €

-32.8% YoY

Equity

2,3 M €

+25.2% YoY

What does COCIO do?

COCIO is a Public limited company incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Liège.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0895.487.766

Incorporation

05/02/2008

Legal form

Public limited company

Registered office

Rue des Guillemins 139 box 9
4000 Liège · WallonieSee on map

Contributed capital

542 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Contacts

2 public details availableLog in to view

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	346 k €	-32.8%	514,8 k €	+54.0%	334,3 k €	+60.6%	208,1 k €	+2057%	9,6 k €	+395%	-3,3 k €	-425%	-622,6 €	-100%	2,1 M €	+1027%	188,1 k €	+26.6%	148,5 k €	+8.5%	136,9 k €	-5.6%	145,1 k €	-7.0%	156 k €	+87.4%	83,3 k €	+4.5%	79,7 k €	+3.1%	77,3 k €	-20.8%	97,6 k €	+372%	20,7 k €
EBITDA	303,1 k €	-36.1%	474,2 k €	+60.7%	295,1 k €	+61.8%	182,4 k €	+2030%	8,6 k €	+307%	-4,1 k €	-178%	-1,5 k €	-100%	2,1 M €	+1262%	152,8 k €	+11.0%	137,7 k €	+9.2%	126,2 k €	-6.1%	134,4 k €	-7.6%	145,4 k €	+98.7%	73,2 k €	+4.3%	70,2 k €	+3.0%	68,2 k €	-27.1%	93,5 k €	+360%	20,3 k €
Operating result	70,9 k €	-72.5%	258 k €	+120%	117 k €	+221%	-96,5 k €	-1228%	8,6 k €	+307%	-4,1 k €	-178%	-1,5 k €	-100%	2,1 M €	+1674%	117,3 k €	+14.8%	102,2 k €	+12.8%	90,7 k €	-8.3%	98,9 k €	-10.0%	109,9 k €	+192%	37,7 k €	+8.6%	34,7 k €	+6.2%	32,7 k €	-42.4%	56,7 k €	+258%	-36 k €
Net result	-13,4 k €	-111%	124,9 k €	+573%	18,6 k €	+123%	-80 k €	-311%	38 k €	+28.4%	29,6 k €	+36.9%	21,6 k €	-98.5%	1,5 M €	+2193%	64,1 k €	+19.3%	53,7 k €	+16.4%	46,2 k €	-11.7%	52,3 k €	-28.9%	73,5 k €	+652%	9,8 k €	+1227%	736,8 €	+407%	-240 €	-101%	20 k €	+127%	-73,9 k €
Balance sheet
Equity	2,3 M €	+25.2%	1,9 M €	+7.2%	1,7 M €	+1.1%	1,7 M €	-4.5%	1,8 M €	+7.9%	1,7 M €	+1.8%	1,6 M €	+1.3%	1,6 M €	+1063%	138,2 k €	+86.5%	74,1 k €	+5.3%	70,4 k €	+1.7%	69,2 k €	+3.4%	66,9 k €	+264%	18,4 k €	+113%	8,6 k €	+9.3%	7,9 k €	-3.0%	8,1 k €	+168%	-11,9 k €
Total assets	4,7 M €	-4.9%	4,9 M €	+6.6%	4,6 M €	-3.3%	4,8 M €	+107%	2,3 M €	+0.7%	2,3 M €	+1.0%	2,3 M €	+1.3%	2,2 M €	+151%	894,5 k €	-9.4%	987,5 k €	-3.7%	1 M €	-9.1%	1,1 M €	-0.9%	1,1 M €	+2.3%	1,1 M €	-3.2%	1,1 M €	-2.0%	1,2 M €	+2.2%	1,1 M €	+6.8%	1,1 M €
Cash	87,7 k €	+121%	39,6 k €	-49.6%	78,6 k €	+35.1%	58,1 k €	-6.8%	62,4 k €	+52.4%	40,9 k €	+271%	11 k €	-96.6%	329,7 k €	+55673%	591,2 €	-98.4%	37,7 k €	+1.2%	37,3 k €	+208%	12,1 k €	+15.5%	10,5 k €	-24.4%	13,9 k €	-78.0%	63 k €	-4.7%	66,1 k €	-56.7%	152,6 k €	+1780%	8,1 k €
Debts	1,9 M €	-26.1%	2,6 M €	+8.4%	2,4 M €	-6.0%	2,6 M €	+15326%	16,6 k €	-56.1%	37,8 k €	-15.8%	44,9 k €	+24.7%	36 k €	-95.1%	732 k €	-16.5%	876,9 k €	-4.6%	919,5 k €	-10.2%	1 M €	-1.2%	1 M €	-2.9%	1,1 M €	-3.5%	1,1 M €	-2.3%	1,1 M €	-0.6%	1,1 M €	+6.0%	1,1 M €

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 · 3 active · 19 ended

Active mandates

ARDENT INVEST

Managing director · since 01 mars 2026 · until 21 juin 2032 · 0700.472.731

Represented by Nicolas Léonard

Active

Sylvain Boniver

Director · since 19 juin 2023 · until 18 juin 2029

Active

Emmanuel Mewissen

Chairman of the board of directors · since 08 avril 2022 · until 19 juin 2028

Active

Ended mandates

Sylvain Boniver

Director · since 10 juillet 2023 · until 29 juin 2029

Ended

Sylvain BONIVER

Managing director · since 19 juin 2023

Ended

Emmanuel Mewissen

Chairman of the board of directors · since 08 avril 2022

Ended

Nicolas Léonard

Managing director · since 08 avril 2022

Ended

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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	27/07/2026	11/12/2025	31/08/2024	31/07/2023	30/09/2022	31/05/2021
General meeting	26/06/2026	30/06/2025	28/06/2024	19/06/2023	30/06/2022	15/04/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	27/07/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	11/12/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	31/08/2024	French	PDF
Abridged model	31/12/2022	19/06/2023	31/07/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	30/09/2022	French	PDF
Abridged model	31/12/2020	15/04/2021	31/05/2021	French	PDF
Abridged model	31/12/2019	07/09/2020	31/10/2020	French	PDF
Abridged model	31/12/2018	18/04/2019	31/08/2019	French	PDF
Abridged model	31/12/2017	19/04/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	20/04/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	21/04/2016	30/09/2016	French	PDF
Abridged model	31/12/2014	16/04/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	17/04/2014	23/07/2014	French	PDF
Abridged model	31/12/2012	18/04/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	19/04/2012	06/08/2012	French	PDF
Abridged model	31/12/2010	21/04/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	15/04/2010	05/08/2010	French	PDF
Abridged model	31/12/2008	16/04/2009	14/05/2009	French	PDF

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 · 3 active · 19 ended

Active mandates

ARDENT INVEST

Managing director · since 01 mars 2026 · until 21 juin 2032 · 0700.472.731

Represented by Nicolas Léonard

Active

Sylvain Boniver

Director · since 19 juin 2023 · until 18 juin 2029

Active

Emmanuel Mewissen

Chairman of the board of directors · since 08 avril 2022 · until 19 juin 2028

Active

Ended mandates

Sylvain Boniver

Director · since 10 juillet 2023 · until 29 juin 2029

Ended

Sylvain BONIVER

Managing director · since 19 juin 2023

Ended

Emmanuel Mewissen

Chairman of the board of directors · since 08 avril 2022

Ended

Nicolas Léonard

Managing director · since 08 avril 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/03/2026
DEMISSIONS, NOMINATIONS
PDF
Capital / shares29/01/2026
CAPITAL, ACTIONS
PDF
Mandates14/11/2024
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates26/07/2023
DEMISSIONS, NOMINATIONS
PDF
Capital / shares06/12/2022
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates25/05/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates16/11/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates02/09/2020
SIEGE SOCIAL - 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 2025-13,4 k €↓
2024
Annual accounts 2024124,9 k €↑
2023
Annual accounts 202318,6 k €↑
2022
Annual accounts 2022-80 k €↓
2021
Annual accounts 202138 k €↑
2020
Annual accounts 202029,6 k €↑
2019
Annual accounts 201921,6 k €↓
2018
Annual accounts 20181,5 M €↑
2017
Annual accounts 201764,1 k €↑
2016
Annual accounts 201653,7 k €↑
2015
Annual accounts 201546,2 k €↓
2014
Annual accounts 201452,3 k €↓
2013
Annual accounts 201373,5 k €↑
2012
Annual accounts 20129,8 k €↑
2011
Annual accounts 2011736,8 €↑
2010
Annual accounts 2010-240 €↓
2009
Annual accounts 200920 k €↑
2008
Annual accounts 2008-73,9 k €
05/02/2008
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

COCIO

Overview

What does COCIO do?

Trend over 18 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