Skip to content

COMINDUS

Inactive
KBO/BCE: BE 0450.350.016

Inactive. The last annual accounts are for financial year 2023. The company was dissolved without liquidation.

COMINDUSInactive

Overview

Overview

Official details

Source: KBO
Status
Inactive deed of incorporation of 09-07-1993 · last publication under the heading End on 25-09-2024
Activity
“La gérance, l'étude et la consultance, notamment et non exclusivement, en matière industrielle, commerciale…” (deed in French)From the articles, 2 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Auditor
Vincent DE WULF

Financial position

No score
Annual accounts 2023
Turnover
€485,351
▼ 74.1%
Profit
€5,228
▼ 77.7%
Equity
€121,634
▲ 4.5%
Total assets
€131,186
▼ 55.3%
Turnover -74%: other schema

Financials

Financials · financial year 2023, micro format

Annual accounts 2023 filed on 12-06-2024 PDF all 30 filings

Turnover
€485,351▼ 74.1%
2022 · €1.9m
EBIT margin
1.5%▼ 0.3pp
2022 · 1.7%
Net result
€5,228▼ 77.7%
2022 · €23,427
Working capital
€121,634▲ 4.5%
2022 · €116,406
Multi-year overview
2018 to 2023, 6 financial years
Turnover
€485,351
▼ 74.1% 2023
20182023
Operating result
€7,258
▼ 77.9% 2023
20182023
Net result
€5,228
▼ 77.7% 2023
20182023
EBIT margin
1.5%
▼ 0.3pp 2023
20182023
Equity
€121,634
▲ 4.5% 2023
20182023
Total assets
€131,186
▼ 55.3% 2023
20182023
Debt
€9,552
▼ 94.6% 2023
20182023
Working capital
€121,634
▲ 4.5% 2023
20182023
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023
Turnover€0.08m-€0.3m▲ 261%€0.08m▼ 73.0%€0.02m▼ 73.7%€1.9m▲ 87×€0.5m▼ 74.1%
Operating result€0.01m-€0.02m▲ 103%€0.02m▼ 27.8%-€0.001m€0.03m€0.007m▼ 77.9%
Net result€0.007m-€0.01m▲ 113%€0.01m▼ 14.6%-€0.001m€0.02m€0.005m▼ 77.7%
EBIT margin12.6%-7.1%▼ 5.5pp18.9%▲ 11.9pp-4.2%▼ 23.1pp1.7%▲ 5.9pp1.5%▼ 0.3pp
Equity€0.07m-€0.08m▲ 20.6%€0.09m▲ 14.6%€0.09m▼ 1.5%€0.1m▲ 25.2%€0.1m▲ 4.5%
Total assets€0.2m-€0.09m▼ 60.8%€0.1m▲ 22.7%€0.1m▼ 0.8%€0.3m▲ 160%€0.1m▼ 55.3%
Debt€0.2m-€0.01m▼ 93.9%€0.02m▲ 87.9%€0.02m▲ 2.8%€0.2m▲ 788%€0.01m▼ 94.6%
Working capital€0.07m-€0.08m▲ 20.6%€0.09m▲ 14.6%€0.09m▼ 1.5%€0.1m▲ 25.2%€0.1m▲ 4.5%

The operating result for 2023 is 78% lower than in 2022.

Large changes and their cause
  • 2023 Turnover -74% on 2022. The accounts now follow the micro format, last year the full format.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €131,186
Equity €121,634 ▲ 4.5%
Debt €9,552 ▼ 94.6%
Debt's share of the balance-sheet total falls from 60.3% to 7.3%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
Current ratio
13.73▲
2022 · 1.66
Debt to equity
0.08▼
2022 · 1.52
ROE
4.3%▼
2022 · 20.1%
ROA
4.0%▼
2022 · 8.0%
Debt ≤ 1 year
€9,552▼
2022 · €176,854
Income taxes
€1,743▼
2022 · €7,823
Customer credit
13 days▲
2022 · 3 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 38 lines
Balance sheet Code20222023
Assets
Total assets20/58€0.3m€0.1m▼
Current assets29/58€0.3m€0.1m▼
Stocks and contracts in progress3€0.04m€0▼
Stocks30/36€0.04m€0▼
Amounts receivable within one year40/41€0.01m€0.02m▲
Other amounts receivable41€0.01m€0.02m▲
Cash at bank and in hand54/58€0.2m€0.1m▼
Equity and liabilities
Total equity and liabilities10/49€0.3m€0.1m▼
Equity10/15€0.1m€0.1m▲
Contributions10/11€0.02m€0.02m=
Capital10€0.02m€0.02m=
Issued capital100€0.02m€0.02m=
Reserves13€0.003m€0.003m=
Non-distributable reserves130/1€0.003m€0.003m=
Legal reserve130€0.003m€0.003m=
Profit (loss) carried forward14€0.09m€0.1m▲
Amounts payable17/49€0.2m€0.01m▼
Amounts payable within one year42/48€0.2m€0.01m▼
Trade debts44€0.05m-
Suppliers440/4€0.05m-
Taxes, remuneration and social security45€0.008m€0.01m▲
Taxes450/3€0.008m€0.01m▲
Other amounts payable47/48€0.1m-
Income statement Code20222023
Turnover70€1.9m€0.5m▼
Goods, raw materials, services and sundry goods60/61€1.8m€0.5m▼
Other operating charges640/8€348-
Gross operating margin9900€0.03m€0.007m▼
Operating profit (loss)9901€0.03m€0.007m▼
Financial income75/76B-€162
Recurring financial income75-€162
Financial charges65/66B€0.002m€450▼
Recurring financial charges65€0.002m€450▼
Profit (loss) for the period before taxes9903€0.03m€0.007m▼
Income taxes67/77€0.008m€0.002m▼
Profit (loss) for the period9904€0.02m€0.005m▼
Profit (loss) for the period to be appropriated9905€0.02m€0.005m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.09m€0.1m▲
Profit (loss) brought forward from the previous period14P€0.07m€0.09m▲

Source: Annual accounts 2023 (PDF), filed on 12-06-2024.

Line201820192020202120222023Change
Turnover70€0.08m€0.3m€0.08m€0.02m€1.9m€0.5m▼ 74.1%
Non-recurring operating income76A---€0.02m---
Goods, raw materials, services and sundry goods60/61----€1.8m€0.5m▼ 74.1%
Other operating charges640/8---€418€348--
Gross operating margin9900€0.01m€0.02m€0.02m-€483€0.03m€0.007m▼ 78.1%
Operating profit (loss)9901€0.01m€0.02m€0.02m-€0.001m€0.03m€0.007m▼ 77.9%
Financial income75/76B---€0-€162-
Recurring financial income75€0.001m€253€0.001m€0-€162-
Financial charges65/66B---€0.001m€0.002m€450▼ 71.2%
Recurring financial charges65€0.002m€0.002m-€0.001m€0.002m€450▼ 71.2%
Profit (loss) for the period before taxes9903€0.009m€0.02m€0.02m-€0.001m€0.03m€0.007m▼ 77.7%
Income taxes67/77€0.003m€0.006m€0.004m€0€0.008m€0.002m▼ 77.7%
Profit (loss) for the period9904€0.007m€0.01m€0.01m-€0.001m€0.02m€0.005m▼ 77.7%
Profit (loss) for the period to be appropriated9905€0.007m€0.01m€0.01m-€0.001m€0.02m€0.005m▼ 77.7%
Line201820192020202120222023Change
Assets
Total assets20/58€236,414€92,737€113,795€112,895€293,260€131,186▼ 55.3%
Current assets29/58€236,414€92,737€113,795€112,895€293,260€131,186▼ 55.3%
Stocks and contracts in progress3€231,407€61,963€45,904€28,454€40,624€0▼ 100%
Stocks30/36---€28,454€40,624€0▼ 100%
Amounts receivable within one year40/41€4,610€23,685€6,768€14,234€13,090€17,677▲ 35.0%
Other amounts receivable41---€14,234€13,090€17,677▲ 35.0%
Cash at bank and in hand54/58€398€7,089€61,123€70,207€239,546€113,509▼ 52.6%
Equity and liabilities
Total equity and liabilities10/49€236,414€92,737€113,795€112,895€293,260€131,186▼ 55.3%
Equity10/15€68,370€82,429€94,430€92,979€116,406€121,634▲ 4.5%
Contributions10/11€18,592€18,592€18,592€18,592€18,592€18,592=
Capital10---€18,592€18,592€18,592=
Issued capital100---€18,592€18,592€18,592=
Reserves13€3,100€3,100€3,100€3,100€3,100€3,100=
Non-distributable reserves130/1---€3,100€3,100€3,100=
Legal reserve130---€3,100€3,100€3,100=
Profit (loss) carried forward14€46,678€60,737€72,738€71,287€94,714€99,942▲ 5.5%
Amounts payable17/49€168,044€10,308€19,365€19,916€176,854€9,552▼ 94.6%
Amounts payable within one year42/48€168,044€10,308€19,365€19,916€176,854€9,552▼ 94.6%
Trade debts44----€54,075--
Suppliers440/4----€54,075--
Taxes, remuneration and social security45---€4,000€7,809€9,552▲ 22.3%
Taxes450/3---€4,000€7,809€9,552▲ 22.3%
Other amounts payable47/48---€15,916€114,970--
Line201820192020202120222023Change
Profit (loss) for the period9904€6,598€14,059€12,001-€1,451€23,427€5,228▼ 77.7%
Operating cash flow (approximation)€6,598€14,059€12,001-€1,451€23,427€5,228▼ 77.7%
Change in cash-€6,691€54,034€9,084€169,339-€126,037-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 30 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2023 micro format 12-06-2024 2024-00137892 PDF
31-12-2022 full format 28-06-2023 2023-00175724 PDF
31-12-2021 full format 27-06-2022 2022-20101950 PDF
31-12-2020 full format 01-07-2021 2021-28800195 PDF
31-12-2019 full format 17-06-2020 2020-17800337 PDF
31-12-2018 full format 28-06-2019 2019-24700002 PDF
31-12-2017 full format 21-06-2018 2018-20900182 PDF
31-12-2016 full format 07-06-2017 2017-15500385 PDF
31-12-2015 full format 28-06-2016 2016-22800438 PDF
31-12-2014 full format 23-06-2015 2015-22900522 PDF

Show all 30 filings

Board & ownership

Directors

Directors
3 directors

Board 3

ELSEN Philippe Georges Louis
Director (not named in the articles) · in office according to the act of 15-07-2022 · term without a fixed end
Current
Olivier Elsen
Director (not named in the articles) · in office according to the act of 15-07-2022 · term without a fixed end · also on the board of 3 other companies
Current
Roselyne DUS
Director (not named in the articles) · in office according to the act of 15-07-2022 · term without a fixed end
Current

Statutory auditor 1

Vincent DE WULF
Auditor · appointed in the act of 08-02-2024
Current

Owners and capital

Shareholders

Stated in the act act of 25-09-2024 ↗
  • Roseline DUS 500 shares
  • Philippe ELSEN 250 shares
Stated in the act act of 28-07-2023 ↗
Stated in the act act of 15-07-2022 ↗

Capital transactions

Capital over time
  1. 25-09-2024 Capital stated in the deed · 750 shares
  2. 15-07-2022 Converted to unavailable equity · €21,692

Mandate history

4 people, 4 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ELSEN Philippe Georges Louis
  • Director (not named in the articles), since before 15-07-2022
Olivier Elsen
  • Director (not named in the articles), since before 15-07-2022
Roselyne DUS
  • Director (not named in the articles), since before 15-07-2022
Vincent DE WULF
  • Auditor, appointed in the act of 08-02-2024, still in office
See the board, name and registered office on a given date →

Network & group

Acquisitions and mergers

2 transactions
Taken over by:ELSEN NUMISMATICA
BE 0434.313.837merger by absorption · proposal · Gazette deed of 25-09-2024 (3 acts)
Contributed a branch of activity to:Elsen Numismatica
BE 0434.313.837proposal · Gazette deed of 08-02-2024

Connections & network

3 connected companies
Depth
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
→
JEAN ELSEN ET SES FILS
via Olivier Elsen · Managing director
→

Timeline

Acts, filings and financial milestones

2024
25-09
Gazette deed Merger: absorbed by ELSEN NUMISMATICA
Dissolution of the company · Shareholding · Accounting effect23 points ▸
  • Roseline DUS holds 500 shares
  • Philippe ELSEN holds 250 shares
  • SA JG ELSEN INVESTMENT holds 20 shares
  • Olivier Jozef ELSEN holds 90 shares
  • Philippe ELSEN holds 90 shares
  • Other provision, “actualisation des informations” (deed in French)
  • Merger, “absorption”, 30-09-2023 (deed in French)
  • Accounting effect, 01-10-2023, mentioned 2 times in the deed
  • Dissolution, merger, “fusion par absorption” (deed in French)
  • Power of attorney, Philippe ELSEN
  • Power of attorney, Olivier Jozef ELSEN
  • General meeting, 19-07-2024
  • The act holds 11 more points.

Open the act in the Belgian Official Gazette

12-06
NBB filing Annual accounts 2023 filedPDF
micro format · 49 days before the deadline
08-02
Gazette deed Transfer proposal: Comindus transfers a branch of activity or a universality to Elsen Numismatica
Appointment: Vincent DE WULF (réviseur d'entreprises) · Net-asset statement · Auditor report5 points ▸
  • Merger, “apport de l'intégralité du patrimoine, économie d'échelle et rationalisation des coûts” (deed in French)
  • Net-asset statement, 30-09-2023
  • Auditor appointment, Vincent DE WULF (réviseur d'entreprises)
  • Auditor report, 30-09-2023
  • Other provision, 04-10-2023

Open the act in the Belgian Official Gazette

2023
31-12
Financial Liquidity more than 8 timescurrent ratio 13.73
The current ratio rises from 1.66 to 13.73. Short-term debt falls from €176,854 to €9,552.
28-07
Gazette deed Purpose · Legal-form change
Shareholding · Purpose change · Power of attorney10 points ▸
  • General meeting, 25-07-2023
  • DUS Roseline Eliane Kodie Marianne holds 500 shares
  • ELSEN Philippe Georges Louis holds 250 shares
  • Other provision, “BE 0450.350.016, immatriculation TVA et RPM” (deed in French)
  • Other provision, 17-06-1993
  • Other provision, “tous les administrateurs, renonciation convocations administrateurs” (deed in French)
  • Other provision, “transmission rapport objet, sans délai” (deed in French)
  • Other provision, “unanimité, organe d’administration” (deed in French)
  • Purpose change, mentioned 2 times in the deed
  • Power of attorney, Régis Dechamps

Open the act in the Belgian Official Gazette

28-06
NBB filing Annual accounts 2022 filedPDF
full format · 33 days before the deadline
2022
31-12
Financial Back to profitnet €23,427
The net result is €23,427, after one loss-making year.
31-12
Financial Equity above €100,000equity €116,406 ▲25.2%
Equity rises from €92,979 to €116,406.
15-07
Gazette deed Company renamed from FIDUCIAIRE COMINDUS to COMINDUS
Registered office moved from Waterloo to Etterbeek · New seat: 1040 Etterbeek, avenue de Tervueren 65 · Previous seat: 1410 Waterloo, avenue de l’Orangerie 519 points ▸
  • General meeting, 12-07-2022
  • DUS Roseline Eliane Kodie Marianne holds 500 shares
  • ELSEN Philippe Georges Louis holds 250 shares
  • Capital
  • Other provision, “changement dénomination en COMINDUS, rapport organe administration justification détaillée modification objet” (deed in French)
  • Other provision, “modifier objet ajout second tiret article 3:Au conseil en organisation,gestion affaires,patrimoine,contrôles,achat,vente,expertises antiquités,objet art,monnaie…” (deed in French)
  • Other provision, “adoption nouveaux statuts concordance Code sans modification objet, mission notaire établir déposer coordination statuts” (deed in French)
  • Other provision, “validité assemblée, exposé exact,assemblée valablement constituée apte à délibérer” (deed in French)
  • Name change, COMINDUS
  • Other provision, “rapport organe administration, actionnaires reçurent copie prirent connaissance” (deed in French)
  • Registered-office move, 1040 Etterbeek,avenue de Tervueren 65
  • Amendment of the articles, mentioned 2 times in the deed
  • The act holds 7 more points.

Open the act in the Belgian Official Gazette

27-06
NBB filing Annual accounts 2021 filedPDF
full format · 34 days before the deadline
2021
31-12
Financial Weakest financial yearnet -€1,451
The net result drops to -€1,451, the lowest from 2018 to 2023.
01-07
NBB filing Annual accounts 2020 filedPDF
full format · 30 days before the deadline
Show earlier events
2020
17-06
NBB filing Annual accounts 2019 filedPDF
full format · 44 days before the deadline
2019
31-12
Financial Liquidity more than 6 timescurrent ratio 9.00
The current ratio rises from 1.41 to 9.00. Short-term debt falls from €168,044 to €10,308.
28-06
NBB filing Annual accounts 2018 filedPDF
full format · 33 days before the deadline
2018
21-06
NBB filing Annual accounts 2017 filedPDF
full format · 40 days before the deadline
2017
07-06
NBB filing Annual accounts 2016 filedPDF
full format · 54 days before the deadline
2016
28-06
NBB filing Annual accounts 2015 filedPDF
full format · 33 days before the deadline
2015
23-06
NBB filing Annual accounts 2014 filedPDF
full format · 38 days before the deadline
1993
09-07
Gazette deed Incorporation
18 publications in the Belgian Official Gazette, the last on 25-09-2024
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

Since 2022 the company has been called COMINDUS.1 In 2022 the registered office moved to Etterbeek.1 Turnover went from €83,929 in 2018 to €485,351 in 2023.2

  1. 1Belgian Official Gazette, 15-07-2022
  2. 2National Bank, annual accounts 2018 and 2023

Company details

Inactive

Inactive

COMINDUS is no longer in the KBO register.

Status
Inactive
Last annual accounts
financial year to 31 December 2023
Last registered office
Avenue De Tervueren 65, 1040 Etterbeek (Bruxelles)as published on 25 September 2024
Legal form
Private limited company
First annual accounts
financial year 1994
Official KBO record

Purpose, financial year and meetings according to the articles of association

Name, seat, purpose and duration

PurposeThe purpose describes the activities the company may carry out under its articles.
“La gérance, l'étude et la consultance, notamment et non exclusivement, en matière industrielle, commerciale, financière, informatiques…”
2 activities
  1. La gérance, l'étude et la consultance, notamment et non exclusivement, en matière industrielle, commerciale, financière, informatiques, sociale, juridique, immobilière et mobilière, de traduction, et manière générale, tous services aux particuliers et aux entreprises
  2. Le conseil en organisation, en gestion des affaires, de patrimoine, en contrôles de tous ordres, en achat, vente et expertises d'antiquités, objet d'art, monnaies, métaux précieux (or, platine et argent)
deed of 08-02-2024 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 15-07-2022 (in French)

General meeting and financial year

Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Thursday of May at 18:00

deed of 15-07-2022 (in French)