Debts
Of this, €34,313 falls due within a year.
Of this, €34,313 falls due within a year.
Green is investment, beige is depreciation. Machinery stands 268.3% higher than in 2024.
COSED pays its suppliers 136 days earlier than in 2024. Customers pay 168 days earlier.
The dashed line is the sector median: 0.7% across 2,396 companies (NACE 33, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro). It does better than 30% of them on solvency, 39% on liquidity, 17% on profitability and 60% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,274 companies had the same profile as COSED has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COSED itself: 0.8% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,274 companies, not a prediction for COSED. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.7 (1.81 in 2024), above the usual 1.5. Short-term debt is 53.7% and cash 20% of total assets. However, 73.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 21 days before the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| COSED Beersel | €63,918 | €4,508 | 26.8% | - |
| LUCENA SERVICES Wezembeek-Oppem | €67,835 | €6,481 | 31.0% | - |
| Kris Jacobs Technics Wuustwezel | €53,067 | €4,150 | 96.6% | - |
| SER & CO Nieuwpoort | €50,215 | €3,985 | 92.2% | - |
| DNR TECHNICS Leopoldsburg | €88,260 | €3,779 | 62.4% | - |
| PE-Service Brecht | €71,827 | €6,372 | 91.8% | - |
| ACSENT MANAGEMENT Genk | €55,256 | €6,835 | 95.1% | - |
These companies have the same main activity as COSED: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €50,200 and €88,300, founded between 2018 and 2021.
COSED has existed since 2019. Turnover grew from €53,815 in 2021 to €101,590 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 29% of 1,697 companies in 2025.
Higher than 49% of 1,659 companies in 2025.
Higher than 20% of 1,664 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
63,918 | 73,646 | 38,258 | 13,350 | 15,763 | |
21/28 |
5,734 | 1,557 | - | 1,384 | 3,694 | |
22/27 |
5,734 | 1,557 | - | 1,384 | 3,694 | |
23 |
5,734 | 1,557 | - | - | - | |
24 |
- | - | - | 1,384 | 3,694 | |
29/58 |
58,184 | 72,089 | 38,258 | 11,966 | 12,069 | |
40/41 |
42,371 | 68,584 | 20,772 | 6,056 | 6,562 | |
40 |
12,619 | 41,566 | 16,816 | 5,504 | - | |
41 |
29,752 | 27,018 | 3,955 | 551 | 6,562 | |
54/58 |
12,813 | 2,508 | 16,489 | 5,910 | 5,415 | |
490/1 |
3,000 | 997 | 997 | - | 92 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
63,918 | 73,646 | 38,258 | 13,350 | 15,763 | |
10/15 |
17,124 | 16,716 | 16,298 | 6,939 | 5,607 | |
14 |
17,124 | 16,716 | 16,298 | 6,939 | 5,607 | |
17/49 |
46,794 | 56,931 | 21,960 | 6,411 | 10,156 | |
17 |
12,481 | 17,112 | - | - | - | |
170/4 |
12,481 | 17,112 | - | - | - | |
42/48 |
34,313 | 39,819 | 21,960 | 6,411 | 10,156 | |
42 |
4,631 | 4,250 | - | - | - | |
43 |
19 | 19 | 19 | - | - | |
430/8 |
19 | 19 | 19 | - | - | |
44 |
13,604 | 34,965 | 15,348 | 5,972 | 2,059 | |
440/4 |
13,604 | 34,965 | 15,348 | 5,972 | 2,059 | |
45 |
16,059 | 584 | 6,593 | 438 | 8,098 | |
450/3 |
199 | 584 | 2,593 | 438 | 598 | |
454/9 |
15,860 | - | 4,000 | - | 7,500 | |
| Income statement | ||||||
70 |
101,590 | 71,121 | 93,527 | 50,196 | 53,815 | |
76A |
1,595 | - | - | - | 5,394 | |
9900 |
4,508 | 2,869 | 14,682 | 4,618 | 10,496 | |
60/61 |
97,082 | 68,252 | 78,846 | 45,578 | 48,713 | |
630 |
1,595 | 343 | 1,384 | 2,310 | 3,306 | |
640/8 |
257 | 595 | 1,027 | 236 | 808 | |
9901 |
2,655 | 1,932 | 12,270 | 2,072 | 6,383 | |
75/76B |
1 | 226 | 4 | - | - | |
75 |
1 | 226 | 4 | - | - | |
65/66B |
2,041 | 1,418 | 323 | 301 | 178 | |
65 |
2,041 | 1,418 | 323 | 301 | 178 | |
9903 |
616 | 739 | 11,951 | 1,771 | 6,205 | |
67/77 |
208 | 321 | 2,593 | 438 | 598 | |
9904 |
408 | 418 | 9,358 | 1,333 | 5,607 | |
9905 |
408 | 418 | 9,358 | 1,333 | 5,607 | |
| Appropriation of the result | ||||||
9906 |
17,124 | 16,716 | 16,298 | 6,939 | 5,607 | |
14P |
16,716 | 16,298 | 6,939 | 5,607 | - | |
| Document | ||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 30-01-2026 | 2026-00031993 | |
| 30-06-2024 | micro format | 21-12-2024 | 2024-00624429 | |
| 30-06-2023 | micro format | 19-12-2023 | 2023-00532985 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00019582 | |
| 30-06-2021 | micro format | 10-01-2022 | 2022-00600072 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 4,251 | 2,275 | 13,654 | 4,382 | 9,689 | ||
| 2,004 | 761 | 10,743 | 3,643 | 8,912 | ||
| 5,772 | 1,900 | 0 | 0 | 7,000 | ||
| 10,305 | -13,981 | 10,579 | 495 | - | ||
| 23,871 | 32,271 | 16,298 | 5,555 | 1,912 | ||
| 2.6% | 2.7% | 13.1% | 4.1% | 11.9% | ||
| 26.8% | 22.7% | 42.6% | 52.0% | 35.6% | ||
| 1.70 | 1.81 | 1.74 | 1.87 | 1.19 | ||
| 2.73 | 3.41 | 1.35 | 0.92 | 1.81 | ||
| 2.4% | 2.5% | 57.4% | 19.2% | 100.0% | ||
| 0.6% | 0.6% | 24.5% | 10.0% | 35.6% | ||
| 2.08 | 1.60 | 42.24 | 14.55 | - | ||
| 45 days | 213 days | 66 days | 40 days | 45 days | ||
| 51 days | 187 days | 71 days | 48 days | 15 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €5,772 | €1,900 | - | - |
| €1,595 | €343 | €1,384 | €2,310 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 37% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 77.3% to 73.2%. Equity is higher and debt is lower.
COSED has no parent and no holdings in its annual accounts.
| Leşan, Daniel (sole trader)
establishment since 01-01-2025 |
founded in 2025 1020.092.085 |
| Acsinte, Constantin (sole trader)
establishment since 13-11-2013 |
founded in 2013 0879.720.021 |
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Zevenbronnenstraat 45 registered office 1653 Beersel 16230 Manufacture of other builders' carpentry and joinery | 28-11-2019 | 2.297.406.693 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23017D0315/00E000 | 1,136 m² | 1 · 191 m² | 7.7 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0738.505.144
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