COSENCO
ActiveSummary
The annual accounts of COSENCO for fiscal year 2025 show a net loss of 71% of total assets. The 2025 annual accounts show equity of €46,314 and a net result of -€39,451. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 4600 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 5.76 against 13.19 in 2024; short-term debt: 16.8% and cash: 80.4% of total assets), and 16.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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
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
83.2%
Return on assets
-70.9%
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 24-08-2026, 24 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
24 d late
2024
28 d late
2023
37 d early
2022
3 d late
2021
5 d late
2020
31 d late
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed 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 5 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€46,314▼ 56.2%
2024 · €105,784
Total assets
€55,654▼ 51.2%
2024 · €113,990
Net result
-€39,451
2024 · €42,524
Working capital
€44,500▼ 55.5%
2024 · €100,025
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, 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€28,335▲ 80.8%€25,221▼ 11.0%€21,833▼ 13.4%€62,601▲ 187%-€38,772
Net result€20,018within the sector's middle half▲ 49.3%€19,951within the sector's middle half▼ 0.3%€15,159within the sector's middle half▼ 24.0%€42,524above the sector's middle half▲ 181%-€39,451below the sector's middle half
Equity€88,151within the sector's middle half▲ 29.4%€88,101within the sector's middle half▼ 0.1%€88,260within the sector's middle half▲ 0.2%€105,784within the sector's middle half▲ 19.9%€46,314within the sector's middle half▼ 56.2%
Total assets€125,090within the sector's middle half▲ 17.6%€119,946within the sector's middle half▼ 4.1%€108,952within the sector's middle half▼ 9.2%€113,990within the sector's middle half▲ 4.6%€55,654within the sector's middle half▼ 51.2%
Debt€36,940▼ 3.4%€31,845▼ 13.8%€20,692▼ 35.0%€8,207▼ 60.3%€9,340▲ 13.8%
Working capital€63,285within the sector's middle half▲ 25.1%€55,634within the sector's middle half▼ 12.1%€63,186within the sector's middle half▲ 13.6%€100,025above the sector's middle half▲ 58.3%€44,500within the sector's middle half▼ 55.5%
Solvency70.5%above the sector's middle half▲ 6.4pp73.5%above the sector's middle half▲ 3.0pp81.0%above the sector's middle half▲ 7.6pp92.8%above the sector's middle half▲ 11.8pp83.2%above the sector's middle half▼ 9.6pp
Current ratio3.15above the sector's middle half▼ 0.052.90above the sector's middle half▼ 0.254.05above the sector's middle half▲ 1.1613.19above the sector's middle half▲ 9.135.76above the sector's middle half▼ 7.42
Return on assets (ROA)16.0%within the sector's middle half▲ 3.4pp16.6%above the sector's middle half▲ 0.6pp13.9%within the sector's middle half▼ 2.7pp37.3%above the sector's middle half▲ 23.4pp-70.9%below the sector's middle half▼ 108.2pp
Staff (FTE)2.1▲ 23.5%2.6▲ 23.8%1.3▼ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €38,772 after €62,601 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55,654
Fixed assets
€1,815 ▼ 68.5%
Current assets
€53,840 ▼ 50.3%
Equity and liabilities €55,654
Equity
€46,314 ▼ 56.2%
Debt
€9,340 ▲ 13.8%
Debt's share of the balance-sheet total rises from 7.2% to 16.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€36,684▼
2024 · €69,351
Cash flow
-€37,363▼
2024 · €49,273
Debt to equity
0.20▲
2024 · 0.08
ROE
-85.2%▼
2024 · 40.2%
Interest coverage
-54.04▼
2024 · 80.60
Debt ≤ 1 year
€9,340▲
2024 · €8,207
Income taxes
€0▼
2024 · €20,023
Staff costs
€371▼
2024 · €5,148
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,834 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,749 | - | €7,435 | €10,540 | ▲ 41.8% |
| Remuneration, social security and pensions62 | €78,497 | €111,651 | €80,228 | €5,148 | €371 | ▼ 92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,151 | €12,699 | €10,486 | €6,750 | €2,088 | ▼ 69.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €6,420 | - | €1,102 | - | - |
| Other operating charges640/8 | €3,327 | €3,364 | €920 | €1,542 | €859 | ▼ 44.3% |
| Non-recurring operating charges66A | - | €375 | - | - | - | - |
| Gross operating margin9900 | €121,309 | €159,731 | €113,467 | €77,143 | -€35,454 | ▼ 146% |
| Operating profit (loss)9901 | €28,335 | €25,221 | €21,833 | €62,601 | -€38,772 | ▼ 162% |
| Financial income75/76B | €168 | €146 | €41 | €805 | - | - |
| Recurring financial income75 | €168 | €146 | €41 | €805 | - | - |
| Financial charges65/66B | €1,048 | €1,412 | €653 | €860 | €679 | ▼ 21.1% |
| Recurring financial charges65 | €1,048 | €1,412 | €653 | €860 | €679 | ▼ 21.1% |
| Profit (loss) for the period before taxes9903 | €27,455 | €23,956 | €21,221 | €62,546 | -€39,451 | ▼ 163% |
| Income taxes67/77 | €7,436 | €4,005 | €6,062 | €20,023 | €0 | ▼ 100.0% |
| Profit (loss) for the period9904 | €20,018 | €19,951 | €15,159 | €42,524 | -€39,451 | ▼ 193% |
| Profit (loss) for the period to be appropriated9905 | €20,018 | €19,951 | €15,159 | €42,524 | -€39,451 | ▼ 193% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €125,090 | €119,946 | €108,952 | €113,990 | €55,654 | ▼ 51.2% |
| Fixed assets21/28 | €32,395 | €35,000 | €25,074 | €5,759 | €1,815 | ▼ 68.5% |
| Tangible fixed assets22/27 | €32,271 | €34,875 | €24,950 | €5,635 | €1,690 | ▼ 70.0% |
| Plant, machinery and equipment23 | €7,304 | €5,970 | €4,504 | €2,460 | €1,047 | ▼ 57.4% |
| Furniture and vehicles24 | €24,397 | €28,569 | €20,342 | €3,174 | €643 | ▼ 79.7% |
| Other tangible fixed assets26 | €570 | €337 | €104 | - | - | - |
| Financial fixed assets28 | €124 | €124 | €124 | €124 | €124 | = |
| Current assets29/58 | €92,695 | €84,946 | €83,878 | €108,231 | €53,840 | ▼ 50.3% |
| Amounts receivable within one year40/41 | €60,811 | €58,457 | €49,128 | €13,278 | €8,662 | ▼ 34.8% |
| Trade receivables40 | €60,811 | €57,463 | €49,128 | €12,634 | €8,662 | ▼ 31.4% |
| Other amounts receivable41 | - | €995 | - | €644 | - | - |
| Cash at bank and in hand54/58 | €28,299 | €23,178 | €33,190 | €94,852 | €44,762 | ▼ 52.8% |
| Deferred charges and accrued income490/1 | €3,586 | €3,311 | €1,560 | €102 | €416 | ▲ 310% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €125,090 | €119,946 | €108,952 | €113,990 | €55,654 | ▼ 51.2% |
| Equity10/15 | €88,151 | €88,101 | €88,260 | €105,784 | €46,314 | ▼ 56.2% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €81,951 | €81,901 | €82,060 | €99,584 | €59,543 | ▼ 40.2% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €80,091 | €80,041 | €80,200 | €97,724 | €57,683 | ▼ 41.0% |
| Profit (loss) carried forward14 | - | - | - | - | -€19,428 | - |
| Amounts payable17/49 | €36,940 | €31,845 | €20,692 | €8,207 | €9,340 | ▲ 13.8% |
| Amounts payable after more than one year17 | €7,529 | €2,532 | - | - | - | - |
| Financial debts170/4 | €7,529 | €2,532 | - | - | - | - |
| Amounts payable within one year42/48 | €29,410 | €29,312 | €20,692 | €8,207 | €9,340 | ▲ 13.8% |
| Current portion of amounts payable after more than one year42 | €7,125 | €4,997 | €2,532 | - | - | - |
| Trade debts44 | €7,644 | €7,986 | €3,967 | €905 | €5,630 | ▲ 522% |
| Suppliers440/4 | €7,644 | €7,986 | €3,967 | €905 | €5,630 | ▲ 522% |
| Taxes, remuneration and social security45 | €14,350 | €16,076 | €12,497 | €5,023 | €2,097 | ▼ 58.3% |
| Taxes450/3 | €5,770 | €3,742 | €5,378 | €5,023 | €2,097 | ▼ 58.3% |
| Remuneration and social security454/9 | €8,580 | €12,334 | €7,120 | - | - | - |
| Other amounts payable47/48 | €292 | €253 | €1,695 | €2,279 | €1,613 | ▼ 29.2% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,018 | €19,951 | €15,159 | €42,524 | -€39,451 | ▼ 193% |
| + Depreciation and write-downs630 | €11,151 | €12,699 | €10,486 | €6,750 | €2,088 | ▼ 69.1% |
| Operating cash flow (approximation) | €31,169 | €32,650 | €25,645 | €49,273 | -€37,363 | ▼ 176% |
| Investment in fixed assets (approximation) | - | -€15,304 | -€560 | €12,565 | €1,857 | ▼ 85.2% |
| Change in cash | - | -€5,121 | €10,012 | €61,662 | -€50,089 | ▼ 181% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet -€39,451
Net result drops to -€39,451, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €42,524 ▲181%
Operating result €62,601, net result €42,524, both a record.
31-12
Financial
Liquidity triplescurrent ratio 13.19
Current ratio from 4.05 to 13.19; short-term debt falls from €20,692 to €8,207.
31-12
Financial
Equity above €100,000Eq €105,784 ▲19.9%
6 profitable years in a row build equity to €105,784.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €6,389
Net result €6,389 after one loss-making year.
Show earlier events
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2002
Ground area
101 m²
Building footprint
101 m²
Volume, LiDAR
1,303 m³
Parcel 11804D3287/00C000, Flanders · tallest building 15.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Korte Riddersstraat 26, 2000 Antwerpen
since 20022.183.188.205
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D3287/00C000 | Flanders | 101 m² | 1 · 101 m² | 15.8 m · 5 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.
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Of 6,996 companies in sector 81220 we hold annual accounts for 2,415. 2,004 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 (pre-2019)
Founded21-12-2001
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476401048
Also
9925:BE0476401048
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.