BELCOSMO GROUP
ActiveThe computed 12-month bankruptcy probability of BELCOSMO GROUP is 2.6% (moderate). The 2025 annual accounts show equity of €17k and a net result of €2k. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 67% of 11210 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+14
Solvency88▲+16
Growth32=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.56 against 1.88 in 2024; short-term debt: 37% and cash: 17.4% of total assets), and 37% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63%
Return on assets
6.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €17k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-07-2026, 10 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
10 d early
2024
6 d late
2023
60 d late
2022
70 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▲ 11.7%
2024 · €15k
2022: €30k
2023: €13k
2024: €15k
2022 → 2025
Total assets
€26k▼ 16.4%
2024 · €32k
2022: €64k
2023: €27k
2024: €32k
2022 → 2025
Net result
€2k▲ 2.6%
2024 · €2k
2022: €20k
2023: €-17k
2024: €2k
2022 → 2025
Working capital
€15k▲ 4.3%
2024 · €15k
2022: €30k
2023: €13k
2024: €15k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€30k-€13k▼ 56.3%€15k▲ 12.8%€17k▲ 11.7%
Operating result€26k-€-16k€4k€2k▼ 50.8%
Net result€20k-€-17k€2k€2k▲ 2.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26k
Fixed assets
€1k▲ 414%
Current assets
€25k▼ 20.1%
Equity and liabilities €26k
Equity
€17k▲ 11.7%
Debt
€10k▼ 41.4%
The debt ratio falls from 52.9% to 37.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €4k
Cash flow
€2k▲
2024 · €2k
Solvency
63.0%▲
2024 · 47.1%
Current ratio
2.56▲
2024 · 1.88
Quick ratio
2.56▲
2024 · 1.88
Debt / equity
0.59▼
2024 · 1.12
ROE
10.4%▼
2024 · 11.4%
ROA
6.6%▲
2024 · 5.4%
Interest coverage
14.26▲
2024 · 4.51
Debt
€10k▼
2024 · €17k
Debt ≤ 1 year
€10k▼
2024 · €17k
Staff costs
€220
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€32k€26k▼
Fixed assets21/28€270€1k▲
Tangible fixed assets22/27€270€1k▲
Plant, machinery and equipment23-€1k
Furniture and vehicles24€270€0▼
Current assets29/58€31k€25k▼
Amounts receivable within one year40/41€12k€10k▼
Trade receivables40€63€0▼
Other amounts receivable41€12k€10k▼
Current investments50/53-€1k
Cash at bank and in hand54/58€724€5k▲
Deferred charges and accrued income490/1€19k€9k▼
Equity and liabilities
Total equity and liabilities10/49€32k€26k▼
Equity10/15€15k€17k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€5k€7k▲
Amounts payable17/49€17k€10k▼
Amounts payable within one year42/48€17k€10k▼
Trade debts44€334€8k▲
Suppliers440/4€334€6k▲
Bills of exchange payable441-€3k
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3-€788
Remuneration and social security454/9€3k€694▼
Other amounts payable47/48€14k-
Income statement
Code20242025
Remuneration, social security and pensions62-€220
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€380€518▲
Other operating charges640/8€149€750▲
Gross operating margin9900€4k€3k▼
Operating profit (loss)9901€4k€2k▼
Financial income75/76B€35€0▼
Recurring financial income75€35€0▼
Financial charges65/66B€945€170▼
Recurring financial charges65€945€170▼
Profit (loss) for the period before taxes9903€3k€2k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€2k€2k▲
Profit (loss) for the period to be appropriated9905€2k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€7k▲
Profit (loss) brought forward from the previous period14P€3k€5k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
31-12
Financial
Weakest financial yearnet €-17k ▼184%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-04-2025
KWYASSE WHALID: Resigned as Director
01-12-2024
OTHMAN HAMMAS: Resigned as Director
01-10-2022
BOUZAKHTI Ilyas: Resigned as Director
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Haachtsesteenweg 4091030 SchaarbeekGround area
140 m²
Building footprint
141 m²
Volume, LiDAR
752 m³
Parcel 21902A0379/00X000, Brussels · tallest building 13.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Haachtsesteenweg 409, 1030 Schaarbeek
since 20212.313.661.816
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0379/00X000 | Brussels | 139 m² | 1 · 141 m² | 13.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.313.661.816
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Of 798 companies in sector 46450 we hold annual accounts for 452. 228 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2021
Fiscal year end31-12
Activities, NACEBEL
46450Wholesale of perfume and cosmetics
56301Cafés and bars
47750Retail sale of cosmetics and toilet articles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.