NORMAL SITUATION

COUET & ASSOCIES

Financial year 2025 · closed on 30/06/2025
Net result
-479,3 k €
+0.5% YoY
Revenue
3,1 M €
Equity
-1,5 M €
-44.8% YoY
Workforce
68,5 ETP
+5.4% YoY

Company — Normal situation.

What does COUET & ASSOCIES do?

COUET & ASSOCIES is a company registered in Belgium. It employs on average 68,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0898.261.372
Legal form
Private limited company
Contributed capital
15 338,25 €
Latest accounts
30/06/2025
Average workforce
68,5 ETP
Joint committees (1)
  • 323
Signals
Healthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Revenue3,1 M €
EBITDA-228,3 k €267,2 k €477,9 k €-101,4 k €-591,2 k €233,9 k €296,3 k €247,8 k €146 k €225,4 k €172,3 k €129,2 k €191,6 k €140 k €117,5 k €18,3 k €36,7 k €
Operating result-407,3 k €-83,9 k €189,3 k €-331,5 k €-773 k €90,9 k €155,6 k €128 k €78,9 k €169,9 k €101,3 k €47,2 k €113,4 k €65,3 k €-255,3 €7 k €34,6 k €
Net result-479,3 k €-481,7 k €80,9 k €142,1 k €-820,2 k €4,5 k €41,9 k €44,6 k €8,6 k €74,2 k €44,4 k €6,6 k €69,2 k €21,9 k €-22,8 k €2,8 k €28,4 k €
Balance sheet
Equity-1,5 M €-1,1 M €-589 k €-707,1 k €-589,4 k €287 k €282,5 k €240,5 k €195,9 k €187,4 k €113,1 k €68,8 k €62,1 k €26,9 k €5 k €15,4 k €12,6 k €
Total assets4,5 M €4,4 M €3,4 M €3,6 M €2,1 M €3,6 M €2,6 M €2,3 M €1,6 M €1,2 M €1,1 M €1,2 M €1,1 M €1,2 M €763,3 k €647,1 k €64,4 k €
Cash201,4 k €101,8 k €218,8 k €363,7 k €258,4 k €8 k €13,9 k €22,2 k €36,2 k €7,4 k €7,1 k €4,1 k €42,3 k €314,9 k €19,4 k €4,4 k €30,6 k €
Debts6,1 M €5,4 M €3,9 M €4,3 M €2,7 M €3,3 M €2,2 M €2 M €1,4 M €1 M €1 M €1,2 M €1,1 M €1,1 M €757,8 k €565,8 k €51,7 k €
Other
Workforce68,5 ETP65,0 ETP64,6 ETP68,3 ETP59,5 ETP56,5 ETP47,8 ETP41,0 ETP32,7 ETP27,4 ETP20,7 ETP18,5 ETP12,3 ETP7,9 ETP6,2 ETP2,4 ETP1,8 ETP
Governance

Board of directors

Seen on filing of 30/06/2025 · 9 active · 23 ended

Active mandates

Camel Q

Director · since 05 novembre 2025 · 0746.463.104

Represented by Nathasja Van Bael

Active
DVancoillie

Director · since 10 juillet 2025 · until 05 novembre 2025 · 0639.923.054

Represented by David Vancoillie

Active
PARTE EXPERT

Director · since 10 juillet 2025 · 0763.362.284

Represented by Olivier BLOCKHUYS

Active
Sébastien Cosse

Director · since 10 juillet 2025

Active
Valerian

Director · since 10 juillet 2025 · until 05 novembre 2025 · 0744.782.529

Represented by Amaury Hendrickx

Active
DEGROEP

Director · since 01 juillet 2025 · 0838.893.018

Represented by Bram Coussement

Active
Amaury Hendrickx

Director · until 10 juillet 2025

Active
David Vancoillie

Director · until 10 juillet 2025

Active
Vincent Couet

Director · until 10 juillet 2025

Active

Ended mandates

DVancoillie

Director · since 10 juillet 2025 · 0639.923.054

Represented by David VANCOILLIE

Ended
Valerian

Director · since 10 juillet 2025 · 0744.782.529

Represented by Amaury HENDRICKX

Ended
Amaury Hendrickx

Director · since 30 juillet 2021

Ended
David Vancoillie

Director · since 30 juillet 2021

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelAbridged modelAbridged 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 year30/06/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year6 months12 months12 months12 months12 months12 months
Filing date03/07/202631/08/202531/08/202424/07/202330/09/202217/08/2021
General meeting29/12/202527/08/202527/06/202429/06/202330/06/202224/06/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/202529/12/202503/07/2026FrenchPDF
Abridged model31/12/202427/08/202531/08/2025FrenchPDF
Abridged model31/12/202327/06/202431/08/2024FrenchPDF
Abridged model31/12/202229/06/202324/07/2023FrenchPDF
Abridged model31/12/202130/06/202230/09/2022FrenchPDF
Abridged model31/12/202024/06/202117/08/2021FrenchPDF
Abridged model31/12/201931/08/202015/10/2020FrenchPDF
Abridged modelCorrection31/12/201827/06/201920/09/2019FrenchPDF
Abridged model31/12/201827/06/201930/08/2019FrenchPDF
Abridged model31/12/201728/06/201808/08/2018FrenchPDF
Abridged model31/12/201629/06/201731/08/2017FrenchPDF
Abridged model31/12/201530/06/201631/08/2016FrenchPDF
Abridged model31/12/201425/06/201528/07/2015FrenchPDF
Abridged model31/12/201326/06/201414/08/2014FrenchPDF
Abridged model31/12/201227/06/201330/08/2013FrenchPDF
Abridged model31/12/201130/06/201231/08/2012FrenchPDF
Abridged model31/12/201030/06/201131/08/2011FrenchPDF
Abridged model31/12/200924/06/201023/07/2010FrenchPDF
Estimate

Indicative valuation

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 30/06/2025 · 9 active · 23 ended

Active mandates

Camel Q

Director · since 05 novembre 2025 · 0746.463.104

Represented by Nathasja Van Bael

Active
DVancoillie

Director · since 10 juillet 2025 · until 05 novembre 2025 · 0639.923.054

Represented by David Vancoillie

Active
PARTE EXPERT

Director · since 10 juillet 2025 · 0763.362.284

Represented by Olivier BLOCKHUYS

Active
Sébastien Cosse

Director · since 10 juillet 2025

Active
Valerian

Director · since 10 juillet 2025 · until 05 novembre 2025 · 0744.782.529

Represented by Amaury Hendrickx

Active
DEGROEP

Director · since 01 juillet 2025 · 0838.893.018

Represented by Bram Coussement

Active
Amaury Hendrickx

Director · until 10 juillet 2025

Active
David Vancoillie

Director · until 10 juillet 2025

Active
Vincent Couet

Director · until 10 juillet 2025

Active

Ended mandates

DVancoillie

Director · since 10 juillet 2025 · 0639.923.054

Represented by David VANCOILLIE

Ended
Valerian

Director · since 10 juillet 2025 · 0744.782.529

Represented by Amaury HENDRICKX

Ended
Amaury Hendrickx

Director · since 30 juillet 2021

Ended
David Vancoillie

Director · since 30 juillet 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution03/02/2026
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - DEMISSIONS, NOMINATIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring30/01/2026
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring25/11/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring25/11/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates17/11/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    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 2025-479,3 k €
  2. 2024
    Annual accounts 2024-481,7 k €
  3. 2023
    Annual accounts 202380,9 k €
  4. 2022
    Annual accounts 2022142,1 k €
  5. 2021
    Annual accounts 2021-820,2 k €
  6. 2020
    Annual accounts 20204,5 k €
  7. 2019
    Annual accounts 201941,9 k €
  8. 2018
    Annual accounts 201844,6 k €
  9. 2017
    Annual accounts 20178,6 k €
  10. 2016
    Annual accounts 201674,2 k €
  11. 2015
    Annual accounts 201544,4 k €
  12. 2014
    Annual accounts 20146,6 k €
  13. 2013
    Annual accounts 201369,2 k €
  14. 2012
    Annual accounts 201221,9 k €
  15. 2011
    Annual accounts 2011-22,8 k €
  16. 2010
    Annual accounts 20102,8 k €
  17. 2009
    Annual accounts 200928,4 k €