Summary
COSEMI 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 €39,154 and a net result of -€11,465. Equity is growing by ~44.8% per year across the filed fiscal years. The company has been active since 2020 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 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
6 d early
2023
25 d early
2022
38 d early
2021
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 17 days before 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, unclassified schema
Equity
€39,154▼ 22.6%
2024 · €50,619
Net result
-€11,465
2024 · €15,694
Total assets
€65,669▼ 20.5%
2024 · €82,653
Solvency
59.6%▼ 1.6pp
2024 · 61.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,610--€9,115€28,987€23,645▼ 18.4%-€13,189
Net result€10,856within the sector's middle half--€412below the sector's middle half€21,981€15,694▼ 28.6%-€11,465
Equity€13,356below the sector's middle half-€12,944below the sector's middle half▼ 3.1%€34,925▲ 170%€50,619▲ 44.9%€39,154▼ 22.6%
Total assets€24,647below the sector's middle half-€61,291below the sector's middle half▲ 149%€81,393▲ 32.8%€82,653▲ 1.5%€65,669▼ 20.5%
Debt€11,292-€48,347▲ 328%€46,468▼ 3.9%€32,034▼ 31.1%€26,515▼ 17.2%
Working capital€13,355-€3,183▼ 76.2%€25,299▲ 695%€40,992▲ 62.0%€29,315▼ 28.5%
Solvency54.2%within the sector's middle half-21.1%below the sector's middle half▼ 33.1pp42.9%▲ 21.8pp61.2%▲ 18.3pp59.6%▼ 1.6pp
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.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €13,189 after €23,645 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65,669
Fixed assets
€9,839 ▼ 49.3%
Current assets
€55,830 ▼ 11.7%
Equity and liabilities €65,669
Equity
€39,154 ▼ 22.6%
Debt
€26,515 ▼ 17.2%
Debt's share of the balance-sheet total rises from 38.8% to 40.4%. Equity and debt are lower.
Key figures and ratios
ROE
-29.3%▼
2024 · 31.0%
ROA
-17.5%▼
2024 · 19.0%
Debt ≤ 1 year
€26,515▲
2024 · €22,263
Income taxes
€501▼
2024 · €7,731
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 | - | €9,235 | €9,633 | €9,633 | €9,559 | ▼ 0.8% |
| Other operating charges640/8 | - | €4,750 | €1,761 | €2,324 | €2,432 | ▲ 4.7% |
| Gross operating margin9900 | €13,660 | €4,870 | €40,381 | €35,602 | -€1,198 | ▼ 103% |
| Operating profit (loss)9901 | €13,610 | -€9,115 | €28,987 | €23,645 | -€13,189 | ▼ 156% |
| Financial income75/76B | - | €10,000 | €256 | €199 | €2,509 | ▲ 1,163% |
| Recurring financial income75 | €1 | €10,000 | €256 | €199 | €2,509 | ▲ 1,163% |
| Financial charges65/66B | - | €796 | €553 | €419 | €283 | ▼ 32.4% |
| Recurring financial charges65 | €22 | €796 | €553 | €419 | €283 | ▼ 32.4% |
| Profit (loss) for the period before taxes9903 | €13,588 | €89 | €28,690 | €23,425 | -€10,964 | ▼ 147% |
| Income taxes67/77 | €2,733 | €500 | €6,709 | €7,731 | €501 | ▼ 93.5% |
| Profit (loss) for the period9904 | €10,856 | -€412 | €21,981 | €15,694 | -€11,465 | ▼ 173% |
| Profit (loss) for the period to be appropriated9905 | €10,856 | -€412 | €21,981 | €15,694 | -€11,465 | ▼ 173% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24,647 | €61,291 | €81,393 | €82,653 | €65,669 | ▼ 20.5% |
| Fixed assets21/28 | €1 | €38,664 | €29,031 | €19,398 | €9,839 | ▼ 49.3% |
| Tangible fixed assets22/27 | - | €38,664 | €29,031 | €19,398 | €9,838 | ▼ 49.3% |
| Furniture and vehicles24 | - | €38,664 | €29,031 | €19,398 | €9,838 | ▼ 49.3% |
| Financial fixed assets28 | €1 | €1 | €1 | €1 | €1 | = |
| Current assets29/58 | €24,647 | €22,626 | €52,362 | €63,255 | €55,830 | ▼ 11.7% |
| Amounts receivable within one year40/41 | €9,642 | €8,757 | €9,620 | €31,057 | €44,735 | ▲ 44.0% |
| Trade receivables40 | - | €8,757 | €9,620 | €31,057 | €29,736 | ▼ 4.3% |
| Other amounts receivable41 | - | - | - | - | €14,999 | - |
| Current investments50/53 | - | €3,600 | €7,200 | €10,800 | €4,794 | ▼ 55.6% |
| Cash at bank and in hand54/58 | €15,005 | €10,186 | €34,637 | €20,033 | €4,290 | ▼ 78.6% |
| Deferred charges and accrued income490/1 | - | €83 | €906 | €1,364 | €2,011 | ▲ 47.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24,647 | €61,291 | €81,393 | €82,653 | €65,669 | ▼ 20.5% |
| Equity10/15 | €13,356 | €12,944 | €34,925 | €50,619 | €39,154 | ▼ 22.6% |
| Contributions10/11 | - | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | - | - | - | €15,694 | €15,694 | = |
| Distributable reserves133 | - | - | - | €15,694 | €15,694 | = |
| Profit (loss) carried forward14 | €10,856 | €10,444 | €32,425 | €32,425 | €20,960 | ▼ 35.4% |
| Amounts payable17/49 | €11,292 | €48,347 | €46,468 | €32,034 | €26,515 | ▼ 17.2% |
| Amounts payable after more than one year17 | - | €28,903 | €19,405 | €9,771 | - | - |
| Financial debts170/4 | - | €28,903 | €19,405 | €9,771 | - | - |
| Amounts payable within one year42/48 | €11,292 | €19,444 | €27,063 | €22,263 | €26,515 | ▲ 19.1% |
| Current portion of amounts payable after more than one year42 | - | €9,364 | €9,498 | €9,634 | €9,771 | ▲ 1.4% |
| Trade debts44 | - | €112 | €903 | €1,161 | €2,550 | ▲ 120% |
| Suppliers440/4 | - | €112 | €903 | €1,161 | €2,550 | ▲ 120% |
| Taxes, remuneration and social security45 | - | €9,619 | €13,822 | €8,964 | €9,303 | ▲ 3.8% |
| Taxes450/3 | - | €6,843 | €11,530 | €6,114 | €6,453 | ▲ 5.5% |
| Remuneration and social security454/9 | - | €2,776 | €2,293 | €2,850 | €2,850 | = |
| Other amounts payable47/48 | - | €348 | €2,839 | €2,504 | €4,891 | ▲ 95.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,856 | -€412 | €21,981 | €15,694 | -€11,465 | ▼ 173% |
| + Depreciation and write-downs630 | - | €9,235 | €9,633 | €9,633 | €9,559 | ▼ 0.8% |
| Operating cash flow (approximation) | €10,856 | €8,824 | €31,614 | €25,327 | -€1,906 | ▼ 108% |
| Investment in fixed assets (approximation) | - | -€47,899 | €0 | €0 | €0 | - |
| Change in cash | - | -€4,819 | €24,451 | -€14,604 | -€15,743 | ▼ 7.8% |
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema
31-03
Financial
Weakest financial yearnet -€11,465
Net result drops to -€11,465, the lowest in the series.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
31-03
Financial
Back to profitnet €21,981
Net result €21,981 after one loss-making year.
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Amel · 1 establishment unit since 2020
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.
Heppenbach,Zum Höchst 404770 Amel1 establishment unit
COSEMI
since 20202.303.048.828
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2025 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the annual accounts to 31-03-2025 of COSEMI 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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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 9,638 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-05-2020
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0747754786
Registered
10-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.