COSABEL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€65,652) and a net result of -€17,728. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 6,599 sector peers (NACE 64, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.
The company's story in a few sentences, from the company register, the Belgian Official Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
COSABEL was incorporated on 5 January 2001.1Total assets fell from €10.7m in 2018 to €192,174 in 2025.2
Next filing, financial year 2026, expected by
31-07-2027
2026
24-06
NBB filingAnnual accounts filed
financial year 2025 · abbreviated format
2025
20-08
Gazette deedAppointment: Antoine MORZADEC (director)
2 facts ▸
General meeting, 18-06-2025
Director appointment, Antoine MORZADEC (director)
12-08
NBB filingAnnual accounts filed
financial year 2024 · micro format · 12 days late
2024
27-08
NBB filingAnnual accounts filed
financial year 2023 · micro format · 27 days late
2023
23-08
NBB filingAnnual accounts filed
financial year 2022 · micro format · 23 days late
2022
31-12
FinancialBack to profitnet €165,750
Net result €165,750 after 2 loss-making years.
11-10
NBB filingAnnual accounts filed
financial year 2021 · full format · 72 days late
2021
30-09
NBB filingAnnual accounts filed
financial year 2020 · full format · 61 days late
2020
09-10
NBB filingAnnual accounts filed
financial year 2019 · full format · 70 days late
2019
31-12
FinancialBack to profitnet €699,745
Net result €699,745 after one loss-making year.
31-12
FinancialLiquidity more than doubledcurrent ratio 1.10
Current ratio from 0.40 to 1.10; short-term debt falls from €8.5m to €884,639.
23-10
NBB filingAnnual accounts filed
financial year 2018 · full format · 84 days late
2018
08-11
NBB filingAnnual accounts filed
financial year 2017 · full format · 100 days late
2017
31-08
NBB filingAnnual accounts filed
financial year 2016 · full format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 25 annual accounts filed, the latest 10 are here; all 25 are under Financials.
1 of 8 deeds read
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.