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Complete company report
Generated 28-07-2026
Active BE 0765.522.317Private limited company

COSMEX

Rue François Englert 10 ·1480 Tubize, Belgium· 5 yrs active
Sector: Wholesale trade (46460)
Conclusion Checked

The computed 12-month bankruptcy probability of COSMEX is 3.6% (moderate). The 2024 annual accounts show equity of €404k and a net result of €5k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 544 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €404k
Net result €5k
Staff (FTE) 12.7
Better than sector 23%
Snowflake analysis 5 axes · computed by Checked
Health41Profitability7Solvency16Growth52Stability94
42 / 100

Fragile profile, watch profitability in particular.

Health 41
Profitability 7
Solvency 16
Growth 52
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
3.6% Moderate
0%0,5%1,5%4%10%≥25%
Multiple establishment units +Young company +Higher-failure-rate sector +

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

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
41 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · volledig
€0€100k€200kOperating result 2021: €160k€160kNet result 2021: €114k€114kOperating result 2022: €229k€229kNet result 2022: €160k€160kOperating result 2023: €67k€67kNet result 2023: €25k€25kOperating result 2024: €67k€67kNet result 2024: €5k€5k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~11.4%/year over 4 fiscal years, indicative, assuming unchanged policy.
€200k€400k€600k2025: €467k (€415k - €519k)2026: €511k (€428k - €594k)2027: €555k (€440k - €670k)2021: €214k2022: €373k2023: €398k2024: €404k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 7.8% 30.9%
better than 23% of 544 sector peers
Net result €5k €47k
better than 34% of 544 sector peers
Equity €404k €469k
better than 48% of 545 sector peers
Gross operating margin €1.07M €125k
better than 89% of 337 sector peers
Staff costs €798k €496k
higher than 60% of 401 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€265k
+17.4% +143% vs sector
Net profit
€5k
-78.3% -93% vs sector
Cash flow
€204k
+10.8% +57% vs sector
Total assets
€5.20M
+25.3% +162% vs sector
Equity
€404k
+1.4% -76% vs sector
Working capital
€-108k
- far below sector median
Employees (FTE)
13
+28.3% far above sector median
Staff costs
€798k
+30.2% far above sector median
Income taxes
€25k
+28.7% -41% vs sector
Debt
€4.80M
+27.9% far above sector median
Debt ≤ 1y
€4.30M
+42.3% far above sector median
Debt > 1y
€468k
-32.1% 21-24
Current ratio
0.97
-10.0% -84% vs sector
Quick ratio
0.64
-17.3% -88% vs sector
Solvency
7.8%
-19.1% -91% vs sector
Debt / equity
11.88
+26.2% far above sector median
ROE
1.3%
-78.5% -77% vs sector
ROA
0.1%
-82.7% -98% vs sector
Interest coverage
7.19
-24.4% -91% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€265k
Net profit€5k
Cash flow€204k
Staff costs€798k
Income taxes€25k
Dividends-
Total assets€5.20M
Equity€404k
Debt€4.80M
of which ≤ 1y€4.30M
of which > 1y€468k
Working capital€-108k
Employees (FTE)12.7
Ratios (computed)
2024
Current ratio0.97
Quick ratio0.64
Working capital ratio-2.1%
Solvency7.8%
Debt / equity11.88
Long-term debt ratio1.16
Interest coverage7.19
Gross margin-
Net margin-
ROA0.1%
ROE1.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€5.20M
Fixed assets 21/28€1.01M
Intangible fixed assets 21€339k
Tangible fixed assets 22/27€522k
Financial fixed assets 28€146k
Current assets 29/58€4.19M
Stocks & contracts in progress 3€1.42M
Amounts receivable within one year 40/41€2.32M
Cash & bank 54/58€317k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€5.20M
Equity 10/15€404k
Contributions / capital 10/11€100k
Accumulated profits (losses) 14€304k
Amounts payable 17/49€4.80M
Amounts payable after one year 17€468k
Amounts payable within one year 42/48€4.30M
Trade debts payable within one year 44€3.52M
Income statement
Gross operating margin 9900€1.07M
Operating result 9901€67k
Financial income 75€573
Financial charges 65€37k
Result before taxes 9903€30k
Income taxes 67/77€25k
Net result for the period 9904€5k
Result to be appropriated 9905€5k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Current directors & mandates
  • Cosmex international GroupLegal entity
    Director· perm. rep.: Le Gali Tangie
    State Gazette act 23112824 (01-09-2023)
    Current
    06-06-2023 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Wholesale trade(46460)
Legal form Private limited company(610)
Incorporation23-03-2021
StatusActive
Postal code1480
Connections & network 1 connected companies
Group structure
CiGuPhar
Subsidiary · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 5 locations
COSMEX
Handelsbemiddeling in de niet-gespecialiseerde groothandel
since 20212.316.066.624
COSMEX
Middelweg 90, 1130 BrusselOverige gespecialiseerde groothandel in voedingswaren, neg
since 20212.316.066.723
Rue Emile Vandervelde 30, 4624 Fléron
Overige gespecialiseerde groothandel in voedingswaren, neg
since 20212.322.347.274
Alsembergsesteenweg 147, 1630 Linkebeek
Diverse administratieve activiteiten ten behoeve van kantoren
since 20222.339.249.129
Cosmex
Rue François Englert 10, 1480 TubizeHandelsbemiddeling in de niet-gespecialiseerde groothandel
since 20242.359.668.916
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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 (20%) Wallonia 2 (40%) Brussels 2 (40%)
Parcel (capakey) Region Area Buildings Height / fl.
25105A0515/00C000 Wallonia 6.3 ha - -
21821B0196/00D000 Brussels 1.4 ha 1 · 4,698 m² 9.3 m · 2 fl.
22003A0119/00Y000 Flanders 1,353 m² 1 · 629 m² 21.8 m · 1 fl.
62089A0704/00R002 Wallonia 1,135 m² 1 · 99 m² 10.6 m · 3 fl.
21803C0244/00A002 Brussels 100 m² 1 · 99 m² 23.6 m · 8 fl.
Methodology
via registered seat: 1 · via establishment units: 4
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 9 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
30-01-2026
State Gazette act Director changes
v3.2
2025
13-11-2025
State Gazette act Capital & shares
v3.2
29-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
24-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
18-06-2024
State Gazette act Registered-office change
v3.2
2023
01-09-2023
State Gazette act Director changes
v3.2
29-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
16-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
25-03-2021
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 5 acts
Capital history · 1
13-11-2025
v3.2
Address history · 1
18-06-2024
v3.2
All acts · 5 updated 5 months ago
2026
30-01-2026 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0765.522.317",
    "name_full": "COSMEX",
    "legal_form": "SRL"
  }
}
2025
13-11-2025 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0765.522.317",
    "name_full": "COSMEX",
    "legal_form": "SRL"
  }
}
2024
18-06-2024 Registered office moved from Bruxelles to Tubize Registered-office change
  • Rue de la Presse 4, 1000 Bruxelles → Rue François Englert 10, 1480 Tubize
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Tubize",
        "region": "Brussels",
        "street": "Rue Fran\u00E7ois Englert",
        "country": "BE",
        "postcode": "1480",
        "box_number": null,
        "street_number": "10"
      },
      "old_address": {
        "city": "Bruxelles",
        "region": "Brussels",
        "street": "Rue de la Presse",
        "country": "BE",
        "postcode": "1000",
        "box_number": null,
        "street_number": "4"
      },
      "effective_date": "2024-05-01",
      "evidence_quote": "L\u0027Assembl\u00E9e d\u00E9cider \u00E0 l\u0027unanimit\u00E9 de transf\u00E9rer le si\u00E8ge social situ\u00E9 rue de la Presse 4 \u00E0 1000 Bruxelles vers la rue Fran\u00E7ois Englert 10 \u00E0 1480 Tubize avec effet au 1 er mai 2024"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0765.522.317",
    "name_full": "COSMEX",
    "legal_form": "SRL"
  }
}
2023
01-09-2023 Le Gali Tangie appointed as director Director changes
  • Le Gali Tangie, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Le Gali Tangie",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": null,
        "name": "Cosmex international Group",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "effective_date": "2023-06-06",
      "evidence_quote": "L\u0027Assembl\u00E9e d\u00E9cide \u00E0 l\u0027unanimit\u00E9 de nommer Cosmex international Group dont le num\u00E9 o d\u0027entreprise est le C22187384, comme administrateur avec date d\u0027effet ce jour. Celle-ci d\u00E9signe Madame Le Gali Tangie comme repr\u00E9sentant permanent."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0765.522.317",
    "name_full": "COSMEX",
    "legal_form": "SRL"
  }
}
2021
25-03-2021 Incorporation of a new SRL Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "1000 Bruxelles, Rue de la Presse, num\u00E9ro 4",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": {
        "kbo": "0543.451.903",
        "name": "INTERCONCEPT"
      },
      "kind": "rechtspersoon",
      "person": null,
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": "0543.451.903",
      "holder_org_name": "INTERCONCEPT",
      "contribution_type": "cash",
      "amount_paid_in_eur": 50000,
      "holder_person_name": null,
      "is_subscriber_only": false,
      "n_shares_subscribed": 50,
      "amount_subscribed_eur": 50000,
      "is_anonymous_silent_partner": false
    },
    {
      "org": {
        "kbo": "0541.715.405",
        "name": "MEDICAZU CONSULTING \u0026 CONCEPT"
      },
      "kind": "rechtspersoon",
      "person": null,
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": "0541.715.405",
      "holder_org_name": "MEDICAZU CONSULTING \u0026 CONCEPT",
      "contribution_type": "cash",
      "amount_paid_in_eur": 50000,
      "holder_person_name": null,
      "is_subscriber_only": false,
      "n_shares_subscribed": 50,
      "amount_subscribed_eur": 50000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 100000,
  "subject_company": {
    "kbo": "0765.522.317",
    "name_full": "COSMEX",
    "legal_form": "SRL"
  },
  "initial_directors": [],
  "incorporation_date": "2021-03-22",
  "post_incorporation_mandates": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Groothandel in farmaceutische producten46460Groothandel in farmaceutische en medische artikelen46460Apotheken47730Detailhandel in farmaceutische producten47730
Primary activity highlighted.
Names & trade names
Legal nameFR COSMEX
Registered office
Rue François Englert 10
1480 Tubize, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative