Skip to content

COTITEX

Active Public limited companyfounded 2001active for 25 yearsLouizalaan 221, 1050 BrusselsKBO/BCE: BE 0473.839.456 subsidiary of K FINANCE COORDINATION & SERVICES

Board

1 director, 3 in day-to-day management, 1 auditor, last change in September 2026
Director
since 22-05-2020 term until 17-05-2029
listed in the 2024 annual accounts, filed on 19-06-2025
Managing director
in office according to the deed of 22-09-2023
Managing director
in office according to the deed of 22-09-2023
Managing director
in office according to the deed of 22-09-2023
Statutory auditor, permanent representative Michel Weber
appointed by deed of 23-09-2020

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
KANDIYOTI Igal
Managing director
KANDIYOTI Ralfi
Managing director
VAN DER CRUYSSEN Rony
Managing director
LeadershipBoardRest of the term
Mandates as a list
  • KANDIYOTI Claude
    • Director, from 22-05-2020 to date
  • KANDIYOTI Igal
    • Managing director, from 28-03-2018 to date
  • KANDIYOTI Ralfi
    • Managing director, from 28-03-2018 to date
  • VAN DER CRUYSSEN Rony
    • Managing director, from 28-03-2018 to date
  • SRL Michel Weber, Réviseur d'Entreprise
    • Statutory auditor, from 03-05-2017 to date

Control

Parent
Equity €104.0m
Profit €8.9m in 2025 (profit €3.6m in 2024)
75%
This company
COTITEX
Equity €5.0m
Profit €783,497 in 2025

Further up the chainK FINANCE COORDINATION & SERVICES S.A. consolidates

and 2 other shareholders

Capital

Capital
€340,040
Shares
676 in the 2025 annual accounts
Contribution per share
€503
Equity per share
€7,395 in 2025
Source
deed of 01-03-2021

Owners through the years

as the annual accounts name them
Owners as a list

Source: parent in its own accounts, lists of holdings in the owners' accounts

Articles of association

deed of 01-03-2021 (in French)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
“COMPOSITION DU CONSEIL D'ADMINISTRATION, 6 ans”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of May at 14:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“En cas de dissolution pour quelque cause et à quelque moment que ce soit, à défaut de nomination, dans le respect des conditions prévues à…”
“L'assemblée générale détermine, le cas échéant, les émoluments du ou des liquidateurs, pouvoirs les plus étendus conférés par le Code des…”

Shareholders

3 owners

Owners 3

Capital transactions

Shareholders according to the deeds
After the capital increase deed of 01-03-2021 ↗
  • K FINANCE COORDINATION & SERVICES 42 shares · €208,350 in cash
  • DERVARO 14 shares · €69,510 in cash
Stated in the deed deed of 16-10-2020 ↗
  • CHEMITEX (UK) LIMITED 99.8%
Capital over time
  1. 01-03-2021 Capital increase of €278,040 · to €340,040 · 56 new shares, 8.3% of the 676 shares after the increase · in cash
  2. 16-10-2020 Capital stated in the deed · €62,000 · 620 shares

Next steps