ACTIVE

CoWelCo

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

25,2 k €

-38.2% YoY

Gross margin

33,8 k €

-31.0% YoY

Equity

-51 k €

+33.1% YoY

What does CoWelCo do?

CoWelCo is a Public limited company incorporated in 2008. Its main activity is: Agents involved in the sale of machinery, industrial equipment, ships and aircraft. Its registered office is in Turnhout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0897.999.769

Incorporation

19/05/2008

Legal form

Public limited company

Registered office

Patersstraat 100
2300 Turnhout · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2024

Activities (NACE)

46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft· main 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft 46620Wholesale of machine tools 46620Wholesale of machine tools

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2024		2023		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009
Income statement
Gross margin	33,8 k €	-31.0%	48,9 k €	+50.7%	32,5 k €	+458%	5,8 k €	+114%	-42,7 k €	-250%	28,5 k €	-42.3%	49,4 k €	+1.0%	48,9 k €	-21.5%	62,3 k €	-33.8%	94,2 k €	+93.0%	48,8 k €	+51.8%	32,1 k €	-31.3%	46,8 k €	+220%	-39 k €
EBITDA	32,5 k €	-33.2%	48,7 k €	+50.8%	32,3 k €	+506%	5,3 k €	+110%	-53,7 k €	-1413%	4,1 k €	-83.7%	25,1 k €	+433%	4,7 k €	-73.5%	17,8 k €	-5.6%	18,8 k €	-54.1%	41 k €	+32.4%	31 k €	-3.0%	31,9 k €	+169%	-46,1 k €
Operating result	32,5 k €	-33.2%	48,7 k €	+50.8%	32,3 k €	+506%	5,3 k €	+110%	-54,4 k €	-1592%	3,6 k €	-85.2%	24,6 k €	+653%	3,3 k €	-79.8%	16,2 k €	-6.5%	17,3 k €	-44.5%	31,3 k €	+43.6%	21,8 k €	-4.3%	22,7 k €	+142%	-54,7 k €
Net result	25,2 k €	-38.2%	40,8 k €	+97.1%	20,7 k €	+444%	-6 k €	+90.8%	-65,2 k €	-560%	-9,9 k €	-184%	11,7 k €	+249%	-7,9 k €	-246%	5,4 k €	-15.2%	6,3 k €	-61.2%	16,3 k €	+149%	6,6 k €	-45.1%	12 k €	+119%	-62,3 k €
Balance sheet
Equity	-51 k €	+33.1%	-76,2 k €	-4145%	1,9 k €	+110%	-18,8 k €	-47.1%	-12,8 k €	-124%	52,4 k €	-15.9%	62,3 k €	+23.1%	50,6 k €	-13.4%	58,4 k €	+10.1%	53,1 k €	-15.1%	62,5 k €	+35.4%	46,2 k €	+16.6%	39,6 k €	+43.2%	27,7 k €
Total assets	63,4 k €	+29.8%	48,9 k €	-68.5%	155 k €	-25.5%	208 k €	-22.9%	269,7 k €	+32.4%	203,7 k €	+5.5%	193 k €	+2.1%	189 k €	-38.2%	305,6 k €	-32.2%	451,1 k €	+155%	176,6 k €	-23.3%	230,4 k €	-49.3%	454,2 k €	+58.2%	287,1 k €
Cash	1,4 k €	-71.8%	4,9 k €		–		–		–		–		–		–		10,1 k €	-22.1%	12,9 k €		–		–		–		–
Debts	114,4 k €	-8.5%	125,1 k €	-18.3%	153,1 k €	-32.5%	226,8 k €	-19.7%	282,4 k €	+86.6%	151,3 k €	+15.7%	130,7 k €	-5.6%	138,4 k €	-44.0%	247,2 k €	-37.9%	398 k €	+249%	114,1 k €	-38.1%	184,2 k €	-55.6%	414,6 k €	+59.8%	259,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		3,5 ETP		–		–		0,9 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 31/12/2017 · 2 active · 6 ended

Active mandates

EDDY CONVENS

Managing director

Active

WENDY MICHIELS

Managing director

Active

Ended mandates

CONVENS ENTERPRISES

Director

Represented by EDDY CONVENS

Ended

EDDY CONVENS

Mandate · until 19 mai 2016

Ended

EDDY CONVENS

Mandate

Ended

EDDY CONVENS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ADLIMPEX● Active	0805.288.258
ADM Facilities● Active	1025.959.397
ADVIES & ADMINISTRATIEKANTOOR VAN CAMP● Bankrupt	0775.582.603
Altissima Art Finance● Active	1000.367.334
Amelieexpresss● Bankrupt	1013.965.348
A&M GLOBAL● Active	1029.236.811
ARITSUGI● Bankrupt	0816.719.412
Asian Netcon Holding● Active	0696.937.872
Asian Pacific Consultancy● Active	0696.944.802
BANSHEE WORX● Active	0480.271.744
BASE BOUW● Active	0784.597.465
Basic Services● Active	1022.228.263
Benlie● Bankrupt	0877.883.850
BOUWGROEP CROES● Active	0457.637.189
B&S Renohuis● Active	1023.586.857
Bunqer Studio● Active	0760.506.625
CANDEX SOLUTIONS BELGIUM● Active	0771.550.173
CAPRI-TECHNOLOGY● Active	0897.888.022
Cattlemeat België● Active	0799.972.361
CC Quality Bouw en Metaal● Bankrupt	1010.115.933

Annual accounts

Full financial information

	2024	2023	2021	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2024	31/12/2023	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/09/2025	23/04/2025	14/06/2022	23/03/2022	23/03/2022	07/11/2019
General meeting	30/06/2025	14/06/2024	14/06/2022	30/06/2021	30/06/2020	30/06/2019
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	30/06/2025	03/09/2025	Dutch	PDF
Micro model	31/12/2023	14/06/2024	23/04/2025	Dutch	PDF
Micro model	31/12/2021	14/06/2022	14/06/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	23/03/2022	Dutch	PDF
Micro model	31/12/2019	30/06/2020	23/03/2022	Dutch	PDF
Micro model	31/12/2018	30/06/2019	07/11/2019	Dutch	PDF
Micro model	31/12/2017	20/06/2018	14/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	23/11/2017	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	28/01/2016	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	13/05/2014	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	08/05/2013	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	08/05/2013	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	17/02/2011	Dutch	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 31/12/2017 · 2 active · 6 ended

Active mandates

EDDY CONVENS

Managing director

Active

WENDY MICHIELS

Managing director

Active

Ended mandates

CONVENS ENTERPRISES

Director

Represented by EDDY CONVENS

Ended

EDDY CONVENS

Mandate · until 19 mai 2016

Ended

EDDY CONVENS

Mandate

Ended

EDDY CONVENS

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other30/12/2024
STATUTEN (VERTALING, COORDINATIE, OVERIGE
PDF
Capital / shares24/05/2013
KAPITAAL - AANDELEN
PDF
Registered office22/01/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/07/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other21/05/2008
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

2024
Annual accounts 202425,2 k €↓
2023
Annual accounts 202340,8 k €↑
2023
Name changeCowelco
2021
Annual accounts 202120,7 k €↑
2021
Name changeAlphametal
2020
Annual accounts 2020-6 k €↑
2019
Annual accounts 2019-65,2 k €↓
2018
Annual accounts 2018-9,9 k €↓
2017
Annual accounts 201711,7 k €↑
2016
Annual accounts 2016-7,9 k €↓
2015
Annual accounts 20155,4 k €↓
2014
Annual accounts 20146,3 k €↓
2012
Annual accounts 201216,3 k €↑
2011
Annual accounts 20116,6 k €↓
2010
Annual accounts 201012 k €↑
2009
Annual accounts 2009-62,3 k €
19/05/2008
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

CoWelCo

Overview

What does CoWelCo 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