COSEBA
ActiveSummary
COSEBA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€123,285) and a net result of -€20,172. Equity is shrinking by ~35% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-6
Solvency18▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.02 in 2024; short-term debt: 67.3% and cash: 1.4% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
-6.6%
Return on assets
-1.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€123,285
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
3 d early
2023
8 d early
2022
18 d early
2021
4 d early
2020
7 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 6 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€123,285▼ 19.6%
2024 · -€103,113
Total assets
€1.9m▼ 0.5%
2024 · €1.9m
Net result
-€20,172▼ 78.1%
2024 · -€11,325
Working capital
-€1.2m▼ 8.0%
2024 · -€1.1m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€66,041▼ 2,451%-€8,280▲ 87.5%€2,128€2,322▲ 9.1%-€7,977
Net result-€86,526▼ 1,857%-€23,825▲ 72.5%-€12,498▲ 47.5%-€11,325▲ 9.4%-€20,172▼ 78.1%
Equity-€55,465-€79,290▼ 43.0%-€91,788▼ 15.8%-€103,113▼ 12.3%-€123,285▼ 19.6%
Total assets€1.9m▲ 209%€1.9m▲ 0.3%€1.9m▲ 0.3%€1.9m▼ 0.1%€1.9m▼ 0.5%
Debt€1.9m▲ 235%€2.0m▲ 1.5%€2.0m▲ 1.0%€2.0m▲ 0.4%€2.0m▲ 0.6%
Working capital-€887,751▼ 587%-€980,953▼ 10.5%-€1.1m▼ 8.4%-€1.1m▼ 7.9%-€1.2m▼ 8.0%
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 turns negative in 2025: a loss of €7,977 after €2,322 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.9m ▼ 0.3%
Current assets
€26,027 ▼ 10.0%
Key figures and ratios
EBITDA
-€1,891▼
2024 · €8,407
Cash flow
-€14,086▼
2024 · -€5,239
Solvency
-6.6%▼
2024 · -5.5%
Current ratio
0.02▼
2024 · 0.02
Debt to equity
-16.24▲
2024 · -19.31
ROA
-1.1%▼
2024 · -0.6%
Interest coverage
-0.15▼
2024 · 0.61
Debt ≤ 1 year
€1.3m▲
2024 · €1.2m
Debt > 1 year
€737,664▼
2024 · €814,948
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 | €6,086 | €6,086 | €6,086 | €6,086 | €6,086 | = |
| Other operating charges640/8 | €2,794 | €2,062 | €2,989 | €2,923 | €3,015 | ▲ 3.2% |
| Gross operating margin9900 | -€57,161 | -€133 | €11,203 | €11,330 | €1,123 | ▼ 90.1% |
| Operating profit (loss)9901 | -€66,041 | -€8,280 | €2,128 | €2,322 | -€7,977 | ▼ 444% |
| Financial income75/76B | - | - | - | €42 | €42 | = |
| Recurring financial income75 | - | - | - | €42 | €42 | = |
| Financial charges65/66B | €20,485 | €15,545 | €14,627 | €13,689 | €12,237 | ▼ 10.6% |
| Recurring financial charges65 | €20,485 | €15,545 | €14,627 | €13,689 | €12,237 | ▼ 10.6% |
| Profit (loss) for the period before taxes9903 | -€86,526 | -€23,825 | -€12,498 | -€11,325 | -€20,172 | ▼ 78.1% |
| Profit (loss) for the period9904 | -€86,526 | -€23,825 | -€12,498 | -€11,325 | -€20,172 | ▼ 78.1% |
| Profit (loss) for the period to be appropriated9905 | -€86,526 | -€23,825 | -€12,498 | -€11,325 | -€20,172 | ▼ 78.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | ▼ 0.5% |
| Fixed assets21/28 | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | ▼ 0.3% |
| Tangible fixed assets22/27 | €154,144 | €148,059 | €141,973 | €135,887 | €129,802 | ▼ 4.5% |
| Land and buildings22 | €154,144 | €148,059 | €141,973 | €135,887 | €129,802 | ▼ 4.5% |
| Financial fixed assets28 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Current assets29/58 | €4,750 | €16,508 | €27,831 | €28,931 | €26,027 | ▼ 10.0% |
| Amounts receivable within one year40/41 | - | - | - | €291 | - | - |
| Trade receivables40 | - | - | - | €291 | - | - |
| Cash at bank and in hand54/58 | €4,750 | €16,508 | €27,831 | €28,640 | €26,027 | ▼ 9.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | ▼ 0.5% |
| Equity10/15 | -€55,465 | -€79,290 | -€91,788 | -€103,113 | -€123,285 | ▼ 19.6% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | €2,000 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €2,000 | - | - | - | - |
| Distributable reserves133 | - | - | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€77,465 | -€101,290 | -€113,788 | -€125,113 | -€145,285 | ▼ 16.1% |
| Amounts payable17/49 | €1.9m | €2.0m | €2.0m | €2.0m | €2.0m | ▲ 0.6% |
| Amounts payable after more than one year17 | €1.0m | €966,396 | €891,187 | €814,948 | €737,664 | ▼ 9.5% |
| Financial debts170/4 | €1.0m | €966,396 | €891,187 | €814,948 | €737,664 | ▼ 9.5% |
| Amounts payable within one year42/48 | €892,501 | €997,461 | €1.1m | €1.2m | €1.3m | ▲ 7.5% |
| Current portion of amounts payable after more than one year42 | €79,244 | €74,192 | €75,209 | €76,239 | €77,284 | ▲ 1.4% |
| Trade debts44 | €51 | - | - | - | €1,184 | - |
| Suppliers440/4 | €51 | - | - | - | €1,184 | - |
| Other amounts payable47/48 | €813,206 | €923,269 | €1.0m | €1.1m | €1.2m | ▲ 7.8% |
| Accrued charges and deferred income492/3 | €1,271 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€86,526 | -€23,825 | -€12,498 | -€11,325 | -€20,172 | ▼ 78.1% |
| + Depreciation and write-downs630 | €6,086 | €6,086 | €6,086 | €6,086 | €6,086 | = |
| Operating cash flow (approximation) | -€80,441 | -€17,739 | -€6,413 | -€5,239 | -€14,086 | ▼ 169% |
| Investment in fixed assets (approximation) | - | €0 | -€1,073 | -€2,453 | €0 | ▲ 100% |
| Change in cash | - | €11,758 | €11,323 | €809 | -€2,612 | ▼ 423% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€86,526
Net result drops to -€86,526, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Hoeilaart
Ground area
3,007 m²
Building footprint
253 m²
Volume, LiDAR
1,496 m³
Parcel 23033C0055/00L017, Flanders · tallest building 14.8 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23033C0055/00L017 | Flanders | 3,007 m² | 1 · 253 m² | 14.8 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
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of COSEBA 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded13-09-2006
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0883485896
Also
9925:BE0883485896
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.