Financials
Financial year 2025
Worth noting
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 445,893
▲ 12% vs 2024
Profit
Caution€ -44,856
▲ 47% vs 2024
Debts
Normal€ 675,094
▼ 26% vs 2024
COWALEX from Sint-Gillis (bij-Brussel), company number BE0437022414, closed financial year 2025 with a result of € -44,856 after tax. For that financial year COWALEX recorded revenue of € 445,893 and equity of € 136,837. Compared with financial year 2024, the result moved from € -83,953 to € -44,856. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
What happened at COWALEX?
What happened at COWALEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Franck Arlen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 44,856. Source: NBB ↗
- Jérôme WATERKEYN stepped down as director. NBB
- Emmanuel Evence BERRYER stepped down as director. NBB
- Jehan Georges DELACROIX stepped down as director. NBB
- Pascal LAURENT stepped down as director. NBB
- Franck Arlen became a director. NBB
- Jérôme WATERKEYN became a director. NBB
In short
From € 132,429 profit in 2021 to € 44,856 loss in 2025.
Paid € 1,227 in corporate taxes since 2021.
Best year ever: 2021, with € 132,429 profit.
Pays suppliers within 87 days on average.
A new publication or filing at COWALEX? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by Veolia NV-SA (50.1%) and Green-Invest (49.9%).
Directors
According to the 2025 annual accounts
Jérôme WATERKEYN
Director
Also active at: VEOLIA NV-SA, QUINTIENS, SOCIETE DE GESTION DE LA CITE ADMINISTRATIVE DE L'ETAT A BRUXELLES +3 more
since 2023 · until 2026
Emmanuel Evence BERRYER
Chairman of the board
since 2023 · until 2026
Jehan Georges DELACROIX
Director
since 2023 · until 2026
since 2025 · until 2031
since 2023 · until 2026
Shareholders
50.1%
49.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Poincarélaan 78-79
1060 Sint-Gillis (bij-Brussel)
Allée des Artistes 4
1410 Waterloo
Active since 1 July 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
Veolia Environmental Services Belux
€ 130.1 million revenue · 2025
VEOLIA NV-SA same network
€ 216.2 million revenue · 2025
Veolia Environmental Services BE
€ 260.8 million revenue · 2025
Sarpi EcoServices BE
€ 64.1 million revenue · 2025
Recyc-Mattress Belgium
€ 1.8 million revenue · 2025
+9 more
Details
- Company number
- 0437.022.414
- VAT number
- BE 0437.022.414
- Registered office
- Poincarélaan 78-79, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- COWALEX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie