Summary
COSCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5.7m and a net result of €20,015. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 77% of 5593 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
1 d early
2023
29 d late
2022
23 d late
2021
8 d early
2020
61 d late
2019
97 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 company by total assets in Essen, Finance and insurance sector#6 company by equity in Essen, Finance and insurance sector
Equity
€5.7m▲ 0.4%
2024 · €5.6m
Net result
€20,015▲ 320%
2024 · €4,770
Total assets
€6.9m▲ 0.3%
2024 · €6.9m
Solvency
81.7%▲ 0.1pp
2024 · 81.6%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€9,636▼ 16.4%-€4,536▲ 52.9%-€5,249▼ 15.7%-€9,129▼ 73.9%€10,212
Net result€33,800within the sector's middle half▲ 238%€70,580within the sector's middle half▲ 109%€144,167within the sector's middle half▲ 104%€4,770within the sector's middle half▼ 96.7%€20,015within the sector's middle half▲ 320%
Equity€5.4mabove the sector's middle half▲ 0.6%€5.5mabove the sector's middle half▲ 1.3%€5.6mabove the sector's middle half▲ 2.6%€5.6mabove the sector's middle half▲ 0.1%€5.7mabove the sector's middle half▲ 0.4%
Total assets€6.5mabove the sector's middle half▲ 0.2%€6.5mabove the sector's middle half▲ 0.4%€6.6mabove the sector's middle half▲ 0.4%€6.9mabove the sector's middle half▲ 5.5%€6.9mabove the sector's middle half▲ 0.3%
Debt€1.1m▼ 2.1%€1.0m▼ 4.0%€919,663▼ 11.2%€1.3m▲ 38.6%€1.3m▼ 0.2%
Working capital-€575,143below the sector's middle half▲ 5.6%-€504,564below the sector's middle half▲ 12.3%-€360,397below the sector's middle half▲ 28.6%€915,837above the sector's middle half€900,070above the sector's middle half▼ 1.7%
Solvency83.4%above the sector's middle half▲ 0.4pp84.1%above the sector's middle half▲ 0.7pp86.0%above the sector's middle half▲ 1.8pp81.6%above the sector's middle half▼ 4.4pp81.7%above the sector's middle half▲ 0.1pp
Current ratio0.47below the sector's middle half▲ 0.020.51below the sector's middle half▲ 0.050.61within the sector's middle half▲ 0.1026.09above the sector's middle half
Return on assets (ROA)0.5%below the sector's middle half▲ 0.4pp1.1%below the sector's middle half▲ 0.6pp2.2%within the sector's middle half▲ 1.1pp0.1%below the sector's middle half▼ 2.1pp0.3%below the sector's middle half▲ 0.2pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10,212 after a loss of €9,129 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.9m
Fixed assets
€6.0m =
Current assets
€935,947 ▲ 1.9%
Equity and liabilities €6.9m
Equity
€5.7m ▲ 0.4%
Debt
€1.3m ▼ 0.2%
Debt's share of the balance-sheet total falls from 18.4% to 18.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
0.4%▲
2024 · 0.1%
Debt ≤ 1 year
€35,877▲
2024 · €2,880
Debt > 1 year
€1.2m▼
2024 · €1.3m
Income taxes
€5,004▲
2024 · €3,766
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €108 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €6,261 | - | -€15,369 | €0 | - | - |
| Other operating charges640/8 | €969 | €970 | €16,439 | €1,086 | €1,118 | ▲ 3.0% |
| Gross operating margin9900 | -€2,406 | -€3,566 | -€4,180 | -€8,044 | €11,439 | ▲ 242% |
| Operating profit (loss)9901 | -€9,636 | -€4,536 | -€5,249 | -€9,129 | €10,212 | ▲ 212% |
| Financial income75/76B | €51,880 | €75,155 | €149,455 | €17,705 | €22,373 | ▲ 26.4% |
| Recurring financial income75 | €51,880 | €75,155 | €149,455 | €17,705 | €22,373 | ▲ 26.4% |
| Financial charges65/66B | €37 | €39 | €39 | €39 | €7,567 | ▲ 19,277% |
| Recurring financial charges65 | €37 | €39 | €39 | €39 | €7,567 | ▲ 19,277% |
| Profit (loss) for the period before taxes9903 | €42,207 | €70,580 | €144,167 | €8,537 | €25,018 | ▲ 193% |
| Income taxes67/77 | €8,407 | - | - | €3,766 | €5,004 | ▲ 32.9% |
| Profit (loss) for the period9904 | €33,800 | €70,580 | €144,167 | €4,770 | €20,015 | ▲ 320% |
| Profit (loss) for the period to be appropriated9905 | €33,800 | €70,580 | €144,167 | €4,770 | €20,015 | ▲ 320% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.5m | €6.5m | €6.6m | €6.9m | €6.9m | ▲ 0.3% |
| Fixed assets21/28 | €6.0m | €6.0m | €6.0m | €6.0m | €6.0m | = |
| Tangible fixed assets22/27 | - | - | - | - | €471 | - |
| Furniture and vehicles24 | - | - | - | - | €471 | - |
| Financial fixed assets28 | €6.0m | €6.0m | €6.0m | €6.0m | €6.0m | = |
| Current assets29/58 | €504,268 | €531,165 | €559,266 | €918,717 | €935,947 | ▲ 1.9% |
| Amounts receivable after more than one year29 | - | - | - | €892,336 | €897,495 | ▲ 0.6% |
| Trade receivables290 | - | - | - | €892,336 | €897,495 | ▲ 0.6% |
| Amounts receivable within one year40/41 | €503,874 | €524,029 | €552,484 | €4 | €15,814 | ▲ 355,269% |
| Trade receivables40 | - | - | - | - | €9,720 | - |
| Other amounts receivable41 | €503,874 | €524,029 | €552,484 | €4 | €6,094 | ▲ 136,842% |
| Cash at bank and in hand54/58 | €158 | €6,900 | €6,782 | €8,672 | €163 | ▼ 98.1% |
| Deferred charges and accrued income490/1 | €236 | €236 | - | €17,705 | €22,475 | ▲ 26.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.5m | €6.5m | €6.6m | €6.9m | €6.9m | ▲ 0.3% |
| Equity10/15 | €5.4m | €5.5m | €5.6m | €5.6m | €5.7m | ▲ 0.4% |
| Contributions10/11 | €5.5m | €5.5m | €5.5m | €5.5m | €5.5m | = |
| Reserves13 | €5,648 | €5,648 | €141,102 | €145,873 | €165,887 | ▲ 13.7% |
| Non-distributable reserves130/1 | €5,648 | €5,648 | €0 | - | - | - |
| Reserves not available under the articles1311 | €5,648 | €5,648 | €0 | - | - | - |
| Distributable reserves133 | - | - | €141,102 | €145,873 | €165,887 | ▲ 13.7% |
| Profit (loss) carried forward14 | -€79,293 | -€8,713 | €0 | - | - | - |
| Amounts payable17/49 | €1.1m | €1.0m | €919,663 | €1.3m | €1.3m | ▼ 0.2% |
| Amounts payable after more than one year17 | - | - | - | €1.3m | €1.2m | ▼ 3.2% |
| Other amounts payable178/9 | - | - | - | €1.3m | €1.2m | ▼ 3.2% |
| Amounts payable within one year42/48 | €1.1m | €1.0m | €919,663 | €2,880 | €35,877 | ▲ 1,146% |
| Trade debts44 | €561 | €878 | €549 | €1,358 | €31,819 | ▲ 2,244% |
| Suppliers440/4 | €561 | €878 | €549 | €1,358 | €31,819 | ▲ 2,244% |
| Taxes, remuneration and social security45 | - | - | - | €1,522 | €4,058 | ▲ 167% |
| Taxes450/3 | - | - | - | €1,522 | €1,522 | = |
| Remuneration and social security454/9 | - | - | - | - | €2,536 | - |
| Other amounts payable47/48 | €1.1m | €1.0m | €919,114 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €5,188 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,800 | €70,580 | €144,167 | €4,770 | €20,015 | ▲ 320% |
| + Depreciation and write-downs630 | - | - | - | - | €108 | - |
| Operating cash flow (approximation) | €33,800 | €70,580 | €144,167 | €4,770 | €20,123 | ▲ 322% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€579 | - |
| Change in cash | - | €6,742 | -€117 | €1,889 | -€8,509 | ▼ 550% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 525current ratio 318.98
Current ratio from 0.61 to 318.98; short-term debt falls from €919,663 to €2,880.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €144,167 ▲104%
Net result €144,167, the highest in the series.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €10,002
Net result €10,002 after one loss-making year.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-12
Financial
Weakest financial yearnet -€248,064
Net result drops to -€248,064, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Essen · 1 establishment unit since 2006
Ground area
2,031 m²
Building footprint
630 m²
Volume, LiDAR
3,870 m³
Parcel 11642C0548/00L002, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
COSCO
since 20062.151.942.327
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11642C0548/00L002 | Flanders | 2,031 m² | 1 · 630 m² | 11.0 m · 2 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.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
99.98%
-
99.97%
According to the 2025 annual accounts of COSCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Company details
Identification
Legal formPrivate limited company
Founded06-12-2005
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82990Other business support services
Contact
Phone
0486/133071Essen
E-invoicing
Reachable via Peppol
Peppol ID
0208:0877723997
Also
9925:BE0877723997
Registered
16-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.