COSAWI
ActiveCOSAWI has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €80k and a net result of €16k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 34% of 37964 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+73
Solvency65▲+9
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.74 against 1.42 in 2023; short-term debt: 48.5% and cash: 8.1% of total assets), but 60% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 70
lower
← 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
40%
Return on assets
7.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-01-2026, 172 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
172 d late
2023
14 d early
2022
28 d late
2021
16 d late
2020
30 d late
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€211k
EBIT margin
51.5%
Net result
€16k
2023 · €-21k
2019: €76k
2020: €-6k
2021: €1k
2022: €-4k
2023: €-21k
2019 → 2024
Working capital
€72k▲ 52.1%
2023 · €48k
2019: €82k
2020: €59k
2021: €73k
2022: €71k
2023: €48k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€76k-€90k▲ 17.5%€86k▼ 4.2%€64k▼ 25.0%€80k▲ 24.3%
Operating result€-3k-€5k€-719€-19k▼ 2,492%€27k
Net result€-6k-€1k€-4k€-21k▼ 473%€16k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €27k after a loss of €19k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €200k
Fixed assets
€31k▼ 37.6%
Current assets
€169k▲ 6.3%
Equity and liabilities €200k
Equity
€80k▲ 24.3%
Debt
€120k▼ 16.8%
The debt ratio falls from 69.1% to 60.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▲
2023 · €-86
Cash flow
€34k▲
2023 · €-3k
Solvency
40.0%▲
2023 · 30.9%
Current ratio
1.74▲
2023 · 1.42
Quick ratio
1.74▲
2023 · 1.42
Debt / equity
1.50▼
2023 · 2.24
ROE
19.5%▲
2023 · -33.3%
ROA
7.8%▲
2023 · -10.3%
Interest coverage
13.11▲
2023 · -0.04
Debt
€120k▼
2023 · €144k
Debt ≤ 1 year
€97k▼
2023 · €112k
Debt > 1 year
€23k▼
2023 · €32k
Income taxes
€8k▲
2023 · €1k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€209k€200k▼
Fixed assets21/28€49k€31k▼
Tangible fixed assets22/27€49k€31k▼
Plant, machinery and equipment23€1k€728▼
Furniture and vehicles24€45k€27k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€200€200=
Current assets29/58€159k€169k▲
Amounts receivable within one year40/41€132k€152k▲
Trade receivables40€131k€146k▲
Other amounts receivable41€1k€6k▲
Cash at bank and in hand54/58€26k€16k▼
Deferred charges and accrued income490/1€1k€757▼
Equity and liabilities
Total equity and liabilities10/49€209k€200k▼
Equity10/15€64k€80k▲
Contributions10/11€19k€19k=
Reserves13€72k€72k=
Distributable reserves133€72k€72k=
Profit (loss) carried forward14€-26k€-10k▲
Amounts payable17/49€144k€120k▼
Amounts payable after more than one year17€32k€23k▼
Financial debts170/4€32k€23k▼
Amounts payable within one year42/48€112k€97k▼
Current portion of amounts payable after more than one year42€9k€9k=
Trade debts44€79k€66k▼
Suppliers440/4€79k€66k▼
Taxes, remuneration and social security45€1k€15k▲
Taxes450/3€916€15k▲
Remuneration and social security454/9€500-
Other amounts payable47/48€22k€7k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▲
Other operating charges640/8€384€997▲
Gross operating margin9900€298€47k▲
Operating profit (loss)9901€-19k€27k▲
Financial income75/76B€640-
Recurring financial income75€640-
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-20k€24k▲
Income taxes67/77€1k€8k▲
Profit (loss) for the period9904€-21k€16k▲
Profit (loss) for the period to be appropriated9905€-21k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-10k▲
Profit (loss) brought forward from the previous period14P€-5k€-26k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 172 days late
2024
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Beauvechain · 1 establishment unit since 2018
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.
Rue des Alouettes, L'Ecluse 11320 BeauvechainGround area
5,185 m²
Building footprint
2,147 m²
Volume, LiDAR
45,522 m³
2 parcels, Brussels, Wallonia · tallest building 38.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
COSAWI
since 20182.283.047.032
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
| 25053B0071/00D000 | Wallonia | 1,656 m² | 1 · 269 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
98450059B98C4B111F78
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 40,111 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.