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COSECU

Active
KBO/BCE: BE 1005.661.950
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Age2 yrs
Real estate1 parcel · 1,210 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of COSECU is 0.4% (very low). The 2025 annual accounts show equity of €128k and a net result of €97k. Its solvency ranks better than 72% of 2768 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
30-06-2025 31-01-2026 05-01-2026 26 d early 2026-00001198
30-06-2024 31-01-2025 07-01-2025 24 d early 2025-00004099

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.4% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€97k+201.7%
Working capital€126k+313.5%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 05-01-2026 with the NBB · fiscal year 2025 · micro
€0€50k€100kOperating result 2024: €40k€40kNet result 2024: €32k€32kOperating result 2025: €121k€121kNet result 2025: €97k€97k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 79.5% 62.1%
better than 72% of 2768 sector peers
Net result €97k €39k
better than 92% of 2770 sector peers
Equity €128k €62k
better than 76% of 2769 sector peers
Gross operating margin €122k €62k
better than 86% of 2770 sector peers
Total assets €161k €121k
better than 64% of 2770 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€122k
+178.0% 24-25
Net profit
€97k
+201.7% 24-25
Cash flow
€98k
+173.3% 24-25
Total assets
€161k
+203.1% 24-25
Equity
€128k
+297.6% 24-25
Working capital
€126k
+313.5% 24-25
Income taxes
€26k
+218.3% 24-25
Dividends
€833
0.0% 24-25
Show 9 other metrics
Debt
€33k
+57.7% 24-25
Debt ≤ 1y
€33k
+57.7% 24-25
Current ratio
4.82
+96.2% 24-25
Quick ratio
4.82
+96.2% 24-25
Solvency
79.5%
+31.2% 24-25
Debt / equity
0.26
-60.3% 24-25
ROE
75.5%
-24.1% 24-25
ROA
60.0%
-0.5% 24-25
Interest coverage
3676.88
-65.6% 24-25
Figures by fiscal year
Fiscal year2025
Depositmicro
Revenue-
EBITDA€122k
Net profit€97k
Cash flow€98k
Staff costs-
Income taxes€26k
Dividends€833
Total assets€161k
Equity€128k
Debt€33k
of which ≤ 1y€33k
of which > 1y-
Working capital€126k
Employees (FTE)-
Ratios (computed)
2025
Current ratio4.82
Quick ratio4.82
Working capital ratio78.2%
Solvency79.5%
Debt / equity0.26
Long-term debt ratio-
Interest coverage3676.88
Gross margin-
Net margin-
ROA60.0%
ROE75.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€161k
Fixed assets 21/28€2k
Tangible fixed assets 22/27€2k
Current assets 29/58€159k
Amounts receivable within one year 40/41€30k
Cash & bank 54/58€27k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€161k
Equity 10/15€128k
Contributions / capital 10/11€1k
Reserves 13€127k
Accumulated profits (losses) 14€0
Amounts payable 17/49€33k
Amounts payable within one year 42/48€33k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€122k
Operating result 9901€121k
Financial income 75€2k
Financial charges 65€33
Result before taxes 9903€123k
Income taxes 67/77€26k
Net result for the period 9904€97k
Result to be appropriated 9905€97k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
100 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Pittemstraat 1018760 Tielt

Establishment units

1 location
COSECU
Pittemstraat 101, 8760 TieltOntwerpen en programmeren van computerprogramma's
since 20242.355.540.080
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,210 m²
Buildings1
Building footprint234 m²
Volume (LiDAR)1,285 m³
Tallest building7.9 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37007A0724/00E000 Flanders 1,209 m² 1 · 234 m² 7.9 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured
Health100Profitability100Solvency100Growth78Stability82
92 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 100
Solvency 100
Growth 78
Stability 82

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 6,024 of the 29,922 companies in this sector. 5,003 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Ontwerpen en programmeren van computerprogramma's62010Beheer van computerfaciliteiten62030Overige diensten op het gebied van informatietechnologie en computer62900Ontwerpen van computerprogramma’s62100Overige dienstverlenende activiteiten op het gebied van informatie63920Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.63990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameNL COSECU
Registered office
Pittemstraat 101
8760 Tielt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.