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KOIBA

Group · 14 companies

KOIBA and the 13 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.

Parent's dossierFollow this group My exposure All groups
Companies
14
all in Belgium
Countries
1
Belgium
Total assets
€464.0m
what the companies own together
Equity
€218.6m
the shareholders' buffer
Net result
€36.5m
profit or loss of the year
Staff (FTE)
464
in Belgium, social balance

Sum of the filed annual accounts of 14 of the 14 Belgian companies (fiscal years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.

KOIBA also files consolidated accounts (fiscal year 2025): the real group figures, with intra-group positions eliminated. Checked does not read their figures yet; the document is at the National Bank's Central Balance Sheet Office.

Group risk

How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.

68/100 median score
  • The parent itself: KOIBA, no verdict.
  • 4 companies with a loss in the latest year: Plastivan (-€1.2m), EXTRUMAT (-€50,131), HELI GROUP (-€40,014), HELI-TRANS (-€1,627).
  • 1 company no longer active in the register: SPOORGOED.
  • 36.3% of the added-up total assets sits in one company: KOIBA.
  • 0.0% of the added-up total assets sits at companies with an elevated or high risk.

Group structure

Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.

  • KOIBA3 subsidiaries
    BE 0465.495.377Parent
    No verdict€168.6m €127.6m 2025
    • APOK
      BE 0447.875.427
      Fair · 45€72.8m €15.8m 2025
    • Fedrus International3 subsidiaries
      BE 0630.779.61794.47% per the accounts
      No verdict- - 2025
      • HELI GROUP3 subsidiaries
        BE 0894.161.341100% per the accounts
        No verdict€15.0m €13.4m 2025
        • HELI
          BE 0423.833.085100% per the accounts
          Healthy · 65€19.1m €4.5m 2025
        • HELI-TRANS
          BE 0471.692.390100% per the accounts
          Healthy · 63€1.3m €535,046 2025
        • HIGH & SAFE
          BE 0465.579.511100% per the accounts
          Healthy · 70€4.2m €2.2m 2025
      • PLASTIVAN INVEST1 subsidiary
        BE 0476.009.682100% per the accounts
        No verdict- - 2025
        • Plastivan2 subsidiaries
          BE 0412.558.024100% per the accounts
          Fair · 48€24.1m €1.9m 2025
          • EXTRUMAT
            BE 0428.174.727100% per the accounts
            Healthy · 72€1.2m €924,694 2025
          • VAN OVERSCHELDE
            BE 0436.091.808100% per the accounts
            Healthy · 80€946,224 €737,185 2025
      • VM BUILDING SOLUTIONS
        BE 0434.559.604100% per the accounts
        No verdict€137.4m €41.5m 2025
    • MELIS-VANDECRUYS1 subsidiary
      BE 0849.945.573
      Healthy · 82€19.1m €9.4m 2025
      • SPOORGOED
        BE 0433.921.679100% per the accountsInactive
        Elevated€190,649 €182,838 2025

High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.

Shared directors

Who sits on the boards of several group companies. This is where control over the group sits in practice.

1

Events in the group

Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.

  1. 4 directors appointed, 4 directors resigning
    Director changeVM BUILDING SOLUTIONS
  2. Luxantor BV resigns as director
    Director changeFedrus International
  3. Baker Tilly Bedrijfsrevisoren BV appointed as statutory auditor
    Director changeEXTRUMAT
  4. Capital decrease of €3,516.23 to €496,483.77
    Capital changeEXTRUMAT
  5. Baker Tilly Bedrijfsrevisoren BV appointed as statutory auditor
    Director changeVAN OVERSCHELDE
  6. Capital increase of €3,516.23 to €522,997.64
    Capital changeVAN OVERSCHELDE
  7. Registered office moved from Puurs-Sint-Amands to Gent
    Registered office moveFedrus International
  8. Registered office moved from Puurs-Sint-Amands to Deinze
    Registered office moveVM BUILDING SOLUTIONS

What is my exposure to this group?

The companies of this group you keep in your lists or follow, seen together.

Where do these figures come from?

Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.

The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.

The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.

Updated on 30-09-2026

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