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COSAB

Active
Public limited companyfounded 20233 yrs activeGrote Zavel 5, 1000 Brussel, BelgiumKBO/BCE: BE 1000.200.454
Summary

COSAB has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.90M and a net result of €-112k. Its solvency ranks better than 49% of 4604 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes
Profitability33
Solvency73
Growth-
Track record79
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity short (current ratio 0.03; short-term debt: 1.9% of total assets), and 52.1% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
47.9%
Return on assets
-1.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
26 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-112k
Working capital
€-113k
Balance-sheet composition
Assets €6.05M
Fixed assets €6.05M
Current assets €3k
Equity and liabilities €6.05M
Equity €2.90M
Debt €3.15M
Debt finances 52.1% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
0.03
Debt to equity
1.09
ROE
-3.9%
ROA
-1.8%
Debt ≤ 1 year
€116k
Debt > 1 year
€3.04M
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€6.05M
Fixed assets21/28€6.05M
Financial fixed assets28€6.05M
Current assets29/58€3k
Amounts receivable within one year40/41€3k
Other amounts receivable41€3k
Equity and liabilities
Total equity and liabilities10/49€6.05M
Equity10/15€2.90M
Contributions10/11€3.01M
Capital10€3.01M
Issued capital100€3.01M
Profit (loss) carried forward14€-112k
Amounts payable17/49€3.15M
Amounts payable after more than one year17€3.04M
Financial debts170/4€2.29M
Other amounts payable178/9€750k
Amounts payable within one year42/48€116k
Current portion of amounts payable after more than one year42€13k
Financial debts43€8k
Credit institutions430/8€8k
Trade debts44€498
Suppliers440/4€498
Other amounts payable47/48€94k
Income statement Code2024
Other operating charges640/8€784
Gross operating margin9900€-4k
Operating profit (loss)9901€-5k
Financial charges65/66B€107k
Recurring financial charges65€107k
Profit (loss) for the period before taxes9903€-112k
Profit (loss) for the period9904€-112k
Profit (loss) for the period to be appropriated9905€-112k
Appropriation of the result
Profit (loss) to be appropriated9906€-112k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Other operating charges640/8€784
Gross operating margin9900€-4k
Operating profit (loss)9901€-5k
Financial charges65/66B€107k
Recurring financial charges65€107k
Profit (loss) for the period before taxes9903€-112k
Profit (loss) for the period9904€-112k
Profit (loss) for the period to be appropriated9905€-112k
Line2024
Assets
Total assets20/58€6.05M
Fixed assets21/28€6.05M
Financial fixed assets28€6.05M
Current assets29/58€3k
Amounts receivable within one year40/41€3k
Other amounts receivable41€3k
Equity and liabilities
Total equity and liabilities10/49€6.05M
Equity10/15€2.90M
Contributions10/11€3.01M
Capital10€3.01M
Issued capital100€3.01M
Profit (loss) carried forward14€-112k
Amounts payable17/49€3.15M
Amounts payable after more than one year17€3.04M
Financial debts170/4€2.29M
Other amounts payable178/9€750k
Amounts payable within one year42/48€116k
Current portion of amounts payable after more than one year42€13k
Financial debts43€8k
Credit institutions430/8€8k
Trade debts44€498
Suppliers440/4€498
Other amounts payable47/48€94k
Line2024
Profit (loss) for the period9904€-112k
Operating cash flow (approximation)€-112k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 26 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,051 m²
Building footprint
496 m²
Volume, LiDAR
6,114 m³
Parcel 21808H1711/00B000, Brussels · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
COSAB
Grote Zavel 5, 1000 BrusselFinancial service activities, except insurance and pension funding
since 20232.350.557.448
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21808H1711/00B000
ProtectedMonumentTraditioneel huisSource ↗
Brussels 1,051 m² 1 · 496 m² 16.9 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 16,184 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded22-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail vjaspar@me.com
Phone +32475544667

Scores and ratios are computed by Checked and are not a credit decision.