COSEGEC
ActiveSummary
COSEGEC has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €596k and a net result of €222k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 66% of 2008 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+11
Solvency86▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 3.62 in 2024; short-term debt: 16.3% and cash: 16.6% of total assets), and 38.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.2%
Return on assets
22.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
29 d late
2022
6 d early
2021
1 d late
2020
11 d late
2019
9 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€222k▲ 96.3%
2024 · €113k
2018: €-41k
2019: €-30k
2020: €3k
2021: €30k
2022: €60k
2023: €175k
2024: €113k
2018 → 2025
Working capital
€32k▼ 90.5%
2024 · €335k
2018: €136k
2019: €6k
2020: €17k
2021: €37k
2022: €39k
2023: €326k
2024: €335k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€225k-€255k▲ 13.4%€403k▲ 58.0%€425k▲ 5.2%€596k▲ 40.5%
Operating result€50k-€90k▲ 82.0%€295k▲ 226%€91k▼ 69.4%€60k▼ 33.7%
Net result€30k-€60k▲ 104%€175k▲ 191%€113k▼ 35.4%€222k▲ 96.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €975k
Fixed assets
€783k ▲ 132%
Current assets
€191k ▼ 58.7%
Equity and liabilities €975k
Equity
€596k ▲ 40.5%
Provisions
€50k ▼ 2.7%
Debt
€328k ▲ 1.3%
Debt's share of the balance-sheet total falls from 40.5% to 33.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€101k▼
2024 · €130k
Cash flow
€263k▲
2024 · €153k
Current ratio
1.20▼
2024 · 3.62
Debt to equity
0.55▼
2024 · 0.76
ROE
37.3%▲
2024 · 26.7%
ROA
22.8%▲
2024 · 14.2%
Interest coverage
15.52▼
2024 · 22.54
Debt ≤ 1 year
€159k▲
2024 · €128k
Debt > 1 year
€167k▼
2024 · €195k
Income taxes
€37k▲
2024 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€800k€975k▲
Fixed assets21/28€337k€783k▲
Tangible fixed assets22/27€311k€557k▲
Land and buildings22€181k€458k▲
Plant, machinery and equipment23€130k€99k▼
Furniture and vehicles24€0€0=
Financial fixed assets28€26k€226k▲
Current assets29/58€463k€191k▼
Amounts receivable within one year40/41€53k€28k▼
Trade receivables40€53k€28k▼
Other amounts receivable41€255€283▲
Cash at bank and in hand54/58€407k€162k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€800k€975k▲
Equity10/15€425k€596k▲
Contributions10/11€19k€19k=
Reserves13€405k€577k▲
Tax-exempt reserves132€155k€150k▼
Distributable reserves133€251k€427k▲
Profit (loss) carried forward14€641€641=
Provisions and deferred taxes16€52k€50k▼
Provisions for liabilities and charges160/5€52k-
Pensions and similar obligations160€52k-
Deferred taxes168-€50k
Amounts payable17/49€324k€328k▲
Amounts payable after more than one year17€195k€167k▼
Financial debts170/4€195k€167k▼
Amounts payable within one year42/48€128k€159k▲
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€15k€79k▲
Suppliers440/4€15k€79k▲
Taxes, remuneration and social security45€42k€44k▲
Taxes450/3€42k€44k▲
Other amounts payable47/48€43k€8k▼
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€41k▲
Other operating charges640/8€1k€8k▲
Gross operating margin9900€132k€109k▼
Operating profit (loss)9901€91k€60k▼
Financial income75/76B€50k€200k▲
Recurring financial income75€50k€200k▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€135k€254k▲
Transfer from deferred taxes780€5k€6k▲
Income taxes67/77€26k€37k▲
Profit (loss) for the period9904€113k€222k▲
Profit (loss) for the period to be appropriated9905€113k€222k▲
Appropriation of the result
Profit (loss) to be appropriated9906€114k€223k▲
Profit (loss) brought forward from the previous period14P€641€641=
Transfer from equity791/2€45k€19k▼
Transfer to equity691/2€70k€195k▲
To the legal reserve6920-€195k
To other reserves6921€70k-
Profit to be distributed694/7€89k€46k▼
Return on contributions (dividend)694€89k€46k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €222k ▲96.3%
Net result €222k, the highest in the series.
31-12
Financial
Equity above €500kEq €596k ▲40.5%
6 profitable years in a row build equity to €596k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 2.56
Current ratio from 1.23 to 2.56.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ecaussinnes · 1 establishment unit since 2001
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 Arthur Pouplier 1137190 EcaussinnesGround area
1,416 m²
Building footprint
149 m²
Parcel 55008D0306/00R004, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Arthur Pouplier 113, 7190 Ecaussinnes
since 20012.098.173.148
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55008D0306/00R004 | Wallonia | 1,416 m² | 1 · 149 m² | - |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
ARGESCO
BE 0478.543.560
Awans · Eq €596,867
All Plan
BE 0649.978.984
Glabbeek · Eq €595,498
ARISTARQUE
BE 0838.858.572
Hoegaarden · Eq €594,724
VERSCHUERE JOHAN
BE 0446.451.210
Enghien · Eq €594,075
BUILDING BLOX
BE 0825.076.753
Grez-Doiceau · Eq €593,502
Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 4,185 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-05-2001
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.