Financials
Financial year 2025
COBRA Packaging and Recycling from Tournai, company number BE0461534413, closed financial year 2025 with a result of € 156,019 after tax. For that financial year COBRA Packaging and Recycling recorded a gross margin of € 936,706 and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 588,066 to € 156,019. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ 3.7 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 156,019
▼ 73% vs 2024
Profit after tax over the fiscal year.
€ 426,264
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.6 million.
People and assets in 2025
13.6
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 684,744
▼ 1% vs 2024
€ 50,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 135,268
▲ € 111,930 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 486,922
▲ 215% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,602
▼ 11% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,416,635 | € 1,877,550 | € 1,440,729 | € 936,706 | ▼ 35% |
| Profit after taxes | € 1,168,235 | € 859,180 | € 588,066 | € 156,019 | ▼ 73% |
| Equity | € 2,192,717 | € 2,979,234 | € 3,492,598 | € 3,669,638 | ▲ 5% |
| Total debts | € 737,450 | € 501,321 | € 393,705 | € 639,738 | ▲ 62% |
| Cash | € 591,642 | € 222,111 | € 2,719,770 | € 426,264 | ▼ 84% |
| Retained profit | € 2,130,717 | € 2,914,897 | € 3,427,963 | € 3,583,982 | ▲ 5% |
| Dividend | € 75,000 | € 75,000 | € 75,000 | € 0 | ▼ 100% |
| Balance sheet total | € 2,930,168 | € 3,480,555 | € 3,886,302 | € 4,309,376 | ▲ 11% |
| Employees (FTE) | - | 15 | 14.8 | 13.6 | ▼ 1.2 |
Key figures of COBRA Packaging and Recycling, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to COBRA Packaging and Recycling?
What happened at COBRA Packaging and Recycling in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 156,019 (▼ 73% vs 2024). Source: NBB ↗
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million profit in 2022 to € 156,019 profit in 2025.
Paid € 824,303 in corporate taxes since 2022.
Best year ever: 2022, with € 1.2 million profit.
On average € 68,900 of value added per employee in 2025.
Management
Behind COBRA Packaging and Recycling are INBV SRL and BAVAR SRL. The same people are also behind MARO RECYCLING. INBV SRL is also behind BAVAR.
Directors
According to the 2025 annual accounts
Managing director · represented by Baekelandt Korneel
Also active at: MARO RECYCLING, BAVAR
Establishments
Establishment units
Physical locations of this company
Rue du Mont des Carliers(BL) 30
7522 Tournai
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.534.413
- VAT number
- BE 0461.534.413
- Registered office
- Rue du Mont des Carliers(BL) 30, 7522 Tournai
- Names & denominations
- COBRA Packaging and Recycling
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 1997
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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