COSMO BELGIUM
ActiveCOSMO BELGIUM has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €705k and a net result of €144k. Equity is growing by ~39.9% per year across the filed fiscal years. Its solvency ranks better than 22% of 9039 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability52▼-38
Solvency43▼-28
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.58 in 2023; short-term debt: 47.9% and cash: 4.2% of total assets), and 82.2% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9039 sector peers (2024).
NBB · sector comparisonPosition among 9039 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
89 d late
2023
40 d early
2022
66 d late
2021
75 d late
2020
79 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€705k▲ 25.6%
2023 · €561k
2019: €31k
2020: €171k
2021: €310k
2022: €358k
2023: €561k
2019 → 2024
Total assets
€3.96M▲ 225%
2023 · €1.22M
2019: €415k
2020: €841k
2021: €530k
2022: €1.09M
2023: €1.22M
2019 → 2024
Net result
€144k▼ 29.0%
2023 · €202k
2019: €19k
2020: €174k
2021: €140k
2022: €48k
2023: €202k
2019 → 2024
Working capital
€-41k
2023 · €383k
2019: €19k
2020: €39k
2021: €177k
2022: €220k
2023: €383k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€171k-€310k▲ 81.8%€358k▲ 15.6%€561k▲ 56.5%€705k▲ 25.6%
Operating result€244k-€218k▼ 10.4%€93k▼ 57.6%€374k▲ 304%€276k▼ 26.2%
Net result€174k-€140k▼ 19.6%€48k▼ 65.4%€202k▲ 319%€144k▼ 29.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 26% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.96M
Fixed assets
€2.11M▲ 1,080%
Current assets
€1.86M▲ 78.3%
Equity and liabilities €3.96M
Equity
€705k▲ 25.6%
Debt
€3.26M▲ 395%
The debt ratio rises from 54.0% to 82.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€358k▼
2023 · €435k
Cash flow
€226k▼
2023 · €263k
Solvency
17.8%▼
2023 · 46.0%
Current ratio
0.98▼
2023 · 1.58
Quick ratio
0.27▼
2023 · 0.37
Debt / equity
4.62▲
2023 · 1.17
ROE
20.4%▼
2023 · 36.1%
ROA
3.6%▼
2023 · 16.6%
Interest coverage
3.49▼
2023 · 9.41
Debt
€3.26M▲
2023 · €659k
Debt ≤ 1 year
€1.90M▲
2023 · €658k
Debt > 1 year
€1.36M
Income taxes
€32k▼
2023 · €125k
Staff costs
€145k▲
2023 · €129k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.22M€3.96M▲
Fixed assets21/28€178k€2.11M▲
Tangible fixed assets22/27€156k€2.09M▲
Land and buildings22-€1.91M
Plant, machinery and equipment23€13k€10k▼
Furniture and vehicles24€143k€142k▼
Leasing and similar rights25-€25k
Financial fixed assets28€22k€17k▼
Current assets29/58€1.04M€1.86M▲
Stocks and contracts in progress3€797k€1.34M▲
Stocks30/36€797k€1.34M▲
Amounts receivable within one year40/41€152k€342k▲
Trade receivables40€124k€340k▲
Other amounts receivable41€28k€2k▼
Cash at bank and in hand54/58€87k€167k▲
Deferred charges and accrued income490/1€5k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.22M€3.96M▲
Equity10/15€561k€705k▲
Contributions10/11€12k€12k=
Reserves13€549k€692k▲
Distributable reserves133€549k€692k▲
Amounts payable17/49€659k€3.26M▲
Amounts payable after more than one year17-€1.36M
Financial debts170/4-€1.36M
Amounts payable within one year42/48€658k€1.90M▲
Current portion of amounts payable after more than one year42€4k€14k▲
Financial debts43€156k-
Credit institutions430/8€156k-
Trade debts44€321k€944k▲
Suppliers440/4€321k€944k▲
Advances received on contracts in progress46€347-
Taxes, remuneration and social security45€152k€213k▲
Taxes450/3€134k€187k▲
Remuneration and social security454/9€18k€26k▲
Other amounts payable47/48€25k€727k▲
Accrued charges and deferred income492/3€384€81▼
Income statement
Code20232024
Remuneration, social security and pensions62€129k€145k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€82k▲
Other operating charges640/8€6k€33k▲
Non-recurring operating charges66A€7k€11k▲
Gross operating margin9900€576k€547k▼
Operating profit (loss)9901€374k€276k▼
Financial income75/76B€238€3k▲
Recurring financial income75€238€3k▲
Financial charges65/66B€46k€102k▲
Recurring financial charges65€46k€102k▲
Profit (loss) for the period before taxes9903€328k€176k▼
Income taxes67/77€125k€32k▼
Profit (loss) for the period9904€202k€144k▼
Profit (loss) for the period to be appropriated9905€202k€144k▼
Appropriation of the result
Profit (loss) to be appropriated9906€202k€144k▼
Transfer to equity691/2€202k€144k▼
To other reserves6921€202k€144k▼
Social balance
Average headcount (FTE)90871.41.8▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 89 days late
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2019net €202k ▲319%
Operating result €374k, net result €202k, both a record.
31-12
Financial
Equity above €500kEq €561k ▲56.5%
5 profitable years in a row build equity to €561k.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 66 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 75 days late
2021
31-12
Financial
Equity above €200kEq €310k ▲81.8%
3 profitable years in a row build equity to €310k.
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 79 days late
2020
31-12
Financial
Equity above €150kEq €171k ▲449%
2 profitable years in a row build equity to €171k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Kontich · 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.
Mechelsesteenweg 297c2550 KontichGround area
1,127 m²
Building footprint
1,127 m²
Volume, LiDAR
8,255 m³
Parcel 11602E0063/00S003, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cosmo Belgium
since 20202.344.004.307
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602E0063/00S003 | Flanders | 1,127 m² | 1 · 1,127 m² | 9.0 m · 2 fl. |
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.
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DUO KEUKEN DESIGN
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THE EXTRA MILE
BE 0760.860.476
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OSWALD 180
BE 0880.507.701
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PR-Living
BE 0720.856.587
Wortegem-Petegem · Eq €698k
VISAL
BE 0843.999.176
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Of 1,745 companies in sector 46150 we hold annual accounts for 757. 410 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2018
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
46450Wholesale of perfume and cosmetics
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.