ACTIVE

Collaboration Betters The World

Financial year 2025 · closed on 31/12/2025
Net result
18,3 M €
+257.4% YoY
Revenue
62,8 M €
-20.7% YoY
Equity
11,7 M €
-36.6% YoY
Workforce
319,1 ETP
-27.6% YoY

What does Collaboration Betters The World do?

Collaboration Betters The World is a Public limited company incorporated in 2008. Its main activity is: Other information technology and computer service activities. Its registered office is in Saint-Gilles. It employs on average 319,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0895.492.518
Incorporation
05/02/2008
Legal form
Public limited company
Registered office
Chaussée de Charleroi 112
1060 Saint-Gilles · BruxellesSee on map
Contributed capital
7 870 466,34 €
Latest accounts
31/12/2025
Average workforce
319,1 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201920182017201620152014201320122011201020092008
Income statement
Revenue62,8 M €79,2 M €94,3 M €83,3 M €73 M €44,4 M €42,5 M €39,8 M €34,8 M €26,7 M €22,3 M €19 M €17,9 M €
EBITDA2,9 M €4 M €7,1 M €6,8 M €5,6 M €867,8 k €2,9 M €2 M €2,3 M €2,7 M €2,4 M €998,7 k €-194,2 k €829 k €116,6 k €17,7 k €100,6 k €
Operating result828,9 k €1,7 M €4,7 M €5,1 M €4,9 M €139,7 k €2,5 M €1,7 M €2 M €2,5 M €2,3 M €866 k €-320,6 k €733,2 k €67,9 k €4,2 k €97,7 k €
Net result18,3 M €5,1 M €1,3 M €3,7 M €2,9 M €-1,2 M €998,9 k €425 k €409,4 k €1,1 M €1,4 M €350,9 k €-554 k €386,1 k €9,9 k €656,7 €69,7 k €
Balance sheet
Equity11,7 M €18,4 M €11,8 M €20,5 M €16,7 M €3,7 M €4,8 M €3,8 M €3,4 M €3 M €1,8 M €463,4 k €112,5 k €666,5 k €280,4 k €270,5 k €131,2 k €
Total assets58,8 M €78,6 M €87 M €86,3 M €94,3 M €77,7 M €52,9 M €50,3 M €28,9 M €19,2 M €8,4 M €6,1 M €6,2 M €3,8 M €1,7 M €957,8 k €901,2 k €
Cash105,5 k €53,4 k €94,3 k €143,8 k €45,9 k €13,2 k €23,9 k €136,6 k €496,7 k €435,5 k €598,7 k €223,3 k €659,2 k €29,1 k €300,7 k €249,5 k €182,9 k €
Debts45,2 M €58,6 M €74,1 M €64,5 M €77,3 M €73,9 M €47,9 M €45,5 M €24,8 M €15,6 M €6,1 M €5,3 M €6,1 M €3 M €1,4 M €687,4 k €770 k €
Other
Workforce319,1 ETP440,5 ETP520,1 ETP479,1 ETP394,8 ETP334,0 ETP296,0 ETP263,0 ETP224,9 ETP178,6 ETP155,1 ETP129,9 ETP148,3 ETP72,4 ETP25,2 ETP5,3 ETP0,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 29 ended

Active mandates

NAYA PARTNERS LTD LTD

Director · since 30 juin 2023 · until 30 juin 2029 · 0805.110.985

Represented by LOUISE Yann

Active
RED WOLF

Director · since 29 juin 2018 · until 20 juin 2030 · 0847.610.447

Represented by JACQUET Jérémy

Active

Ended mandates

NAYA PARTNERS LTD

Director · since 30 juin 2023 · until 30 juin 2029

Represented by Yann LOUISE

Ended
YANOVITCH PARTNERS

Director · since 07 juillet 2022 · until 15 juin 2028 · 0811.752.814

Represented by Yann LOUISE

Ended
RED WOLF

Managing director · since 29 juin 2018 · until 24 avril 2024 · 0847.610.447

Represented by JEREMY JACQUET

Ended
RED WOLF

Director · since 29 juin 2018 · until 24 avril 2024 · 0847.610.447

Represented by JACQUET Jérémy

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date26/06/202610/07/202502/07/202427/06/202320/07/202210/09/2021
General meeting22/06/202604/07/202520/06/202422/06/202307/07/202203/09/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/06/202626/06/2026FrenchPDF
Full model31/12/202404/07/202510/07/2025FrenchPDF
Full model31/12/202320/06/202402/07/2024FrenchPDF
Full model31/12/202222/06/202327/06/2023FrenchPDF
Full model31/12/202107/07/202220/07/2022FrenchPDF
Full model31/12/202003/09/202110/09/2021FrenchPDF
Full model31/12/201923/04/202128/04/2021FrenchPDF
Full model31/12/201815/07/201930/07/2019FrenchPDF
Full model31/12/201729/06/201801/08/2018FrenchPDF
Full model31/12/201626/04/201704/07/2017FrenchPDF
Full model31/12/201525/05/201608/08/2016FrenchPDF
Full model31/12/201425/05/201531/08/2015FrenchPDF
Full model31/12/201328/05/201408/07/2014FrenchPDF
Full model31/12/201219/06/201327/08/2013FrenchPDF
Abridged model31/12/201125/04/201207/05/2012FrenchPDF
Abridged model31/12/201015/03/201118/05/2011FrenchPDF
Abridged model31/12/200930/06/201012/07/2010FrenchPDF
Abridged model31/12/200829/04/200931/08/2009FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 2 active · 29 ended

Active mandates

NAYA PARTNERS LTD LTD

Director · since 30 juin 2023 · until 30 juin 2029 · 0805.110.985

Represented by LOUISE Yann

Active
RED WOLF

Director · since 29 juin 2018 · until 20 juin 2030 · 0847.610.447

Represented by JACQUET Jérémy

Active

Ended mandates

NAYA PARTNERS LTD

Director · since 30 juin 2023 · until 30 juin 2029

Represented by Yann LOUISE

Ended
YANOVITCH PARTNERS

Director · since 07 juillet 2022 · until 15 juin 2028 · 0811.752.814

Represented by Yann LOUISE

Ended
RED WOLF

Managing director · since 29 juin 2018 · until 24 avril 2024 · 0847.610.447

Represented by JEREMY JACQUET

Ended
RED WOLF

Director · since 29 juin 2018 · until 24 avril 2024 · 0847.610.447

Represented by JACQUET Jérémy

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring19/02/2024
    OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring08/11/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates04/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring10/01/2023
    OBJET - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates12/12/2022
    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

Timeline

  1. 2025
    Annual accounts 202518,3 M €
  2. 17/01/2025
    nominationHISAN SRL — délégué à la gestion journalière
  3. 17/01/2025
    nominationNicolas Vyt — délégué à la gestion journalière
  4. 17/01/2025
    nominationCédric Vanderstichelen — délégué à la gestion journalière
  5. 2024
    Annual accounts 20245,1 M €
  6. 20/06/2024
    reconductionRed Wolf SRL — administrateur
  7. 20/06/2024
    reconductionEY Réviseurs d'Entreprises SRL — commissaire
  8. 01/01/2024
    augmentation_capital
  9. 2023
    Annual accounts 20231,3 M €
  10. 30/06/2023
    nominationNAYA PARTNERS LTD — administrateur
  11. 2022
    Annual accounts 20223,7 M €
  12. 07/07/2022
    reconductionYANOVITCH PARTNERS — administrateur
  13. 07/07/2022
    nominationYANOVITCH PARTNERS SRL — administrateur-délégué
  14. 2022
    Name changeCOLLABORATION BETTERS THE WORLD (CBTW)
  15. 2021
    Annual accounts 20212,9 M €
  16. 03/09/2021
    reconductionEY Réviseur d'Entreprises SRL — commissaire
  17. 2019
    Annual accounts 2019-1,2 M €
  18. 2019
    Name changePOSITIVE THINKING COMPANY
  19. 2018
    Annual accounts 2018998,9 k €
  20. 2017
    Annual accounts 2017425 k €
  21. 2016
    Annual accounts 2016409,4 k €
  22. 2016
    Name changeADNEOM
  23. 2015
    Annual accounts 20151,1 M €
  24. 2014
    Annual accounts 20141,4 M €
  25. 2013
    Annual accounts 2013350,9 k €
  26. 2012
    Annual accounts 2012-554 k €
  27. 2011
    Annual accounts 2011386,1 k €
  28. 2010
    Annual accounts 20109,9 k €
  29. 2009
    Annual accounts 2009656,7 €
  30. 2008
    Annual accounts 200869,7 k €
  31. 05/02/2008
    IncorporationPublic limited company
  32. 2008
    Name changeADNEOM BENELUX