Equity
€190,402 ▲ 34.4%
cosphi has made a profit in every financial year since 2023.
cosphi
Overview
Lifetime
3 annual accounts with figures on one time axispeak €135,868 (2024)
€71,873▼ 47.1%
peak €104,472 (2024)
€48,740▼ 53.3%
peak €190,402 (2025)
€190,402▲ 34.4%
€25,354▼ 21.8%
Board1 name since 2023
1 director
Documentsfilings and deeds
29-01-2026183 days before the deadline
2025micro format
Gross margin from €135,868 to €71,873Result from €104,472 to €48,740Equity from €141,662 to €190,402Debts from €32,411 to €25,354Investments €36,456
Key points
from the 2025 annual accountsResult
€48,740 ▼ 53.3%
The result fell in 2025 from €104,472 to €48,740.
Turnover
≈ €330,000 estimated
The micro format states no turnover.
Investments
€36,456 3.8 × depreciation
Green is investment, beige is depreciation. Machinery stands 709.4% higher than in 2024.
Liquidity
7.38 was 5.31 in 2024
Short-term debts fell from €32,411 to €25,354.
Position in the sector
88.2%
Higher solvency than 88% of companies in wholesale trade. Sector median 40.6% · 15,428 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as cosphi has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,274 companies, not a prediction for cosphi. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0800407673
Incorporation
Founding capital of €2,500, 250 shares · Founder: · Appointment: (director) · published on 06-04-2023 · Gazette deed
First establishment
Voortstraat 44, Puurs-Sint-Amands
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| cosphi Puurs-Sint-Amands | €215,756 | €71,873 | 88.2% | - |
| JUX Real Estate Duffel | €177,121 | €69,374 | 55.4% | - |
| DDL Management Bonheiden | €173,499 | €80,753 | 75.6% | - |
| AS GROUP Meise | €209,594 | €56,343 | 35.4% | - |
| DESILIF Chaudfontaine | €247,608 | €60,867 | 83.7% | - |
| F SALES PARTNERS Saint-Ghislain | €166,613 | €68,941 | 85.5% | - |
| TIMA SERVICES Namur | €174,635 | €91,443 | 88.5% | - |
These companies have the same main activity as cosphi: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €167,000 and €248,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 04-04-2023Normal situation
- Activity
- Agents specialised in the wholesale of other particular productsNACE 46180and 6 others
- Establishment unit
- 2.343.757.7482890 Puurs-Sint-Amands, since 04-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 16-07-2025
Annual accounts 2025
- €71,873▼ 47.1%
- €48,740▼ 53.3%
- €190,402▲ 34.4%
- €215,756▲ 23.9%
- Filing
- Filed on 29-01-2026, 183 days before the end of the filing period
Insights on cosphi
cosphi files the micro format. That format states no turnover. The gross margin rose from €50,185 in 2023 to €71,873 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-01-2026, 183 days before the deadline€71,873
▼ 47.1%
€61,623
▼ 54.3%
€48,740
▼ 53.3%
€161,813
▲ 15.7%
88.2%
▲ 6.9 percentage points
7.38
▲ 2.07
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €330,000. Estimated: probably between €170,000 and €780,000.
Balance sheet
balance sheet total €215,756 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
88.2%
Higher than 88% of 15,428 companies in 2025.
7.38
Higher than 87% of 14,692 companies in 2025.
22.6%
Higher than 86% of 14,921 companies in 2025.
cosphi
Middle half of the sector
80% of the sector
Micro accounts in wholesale trade (NACE 46)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
215,756 | 174,073 | 62,680 | |
21/28 |
28,589 | 1,815 | 1,140 | |
22/27 |
28,589 | 1,815 | 1,140 | |
23 |
14,689 | 1,815 | 1,140 | |
24 |
13,900 | - | - | |
29/58 |
187,167 | 172,258 | 61,540 | |
40/41 |
39,228 | 24,521 | 37,182 | |
40 |
31,920 | - | 17,182 | |
41 |
7,309 | 24,521 | 20,000 | |
54/58 |
146,858 | 147,737 | 24,222 | |
490/1 |
1,080 | - | 136 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
215,756 | 174,073 | 62,680 | |
10/15 |
190,402 | 141,662 | 37,190 | |
10/11 |
2,500 | 2,500 | 2,500 | |
13 |
187,902 | 139,162 | 34,690 | |
133 |
187,902 | 139,162 | 34,690 | |
17/49 |
25,354 | 32,411 | 25,490 | |
42/48 |
25,354 | 32,411 | 25,490 | |
44 |
1,196 | 2,828 | 2,985 | |
440/4 |
1,196 | 2,828 | 2,985 | |
45 |
24,158 | 29,583 | 21,627 | |
450/3 |
24,158 | 29,583 | 21,627 | |
47/48 |
- | - | 878 | |
| Income statement | ||||
9900 |
71,873 | 135,868 | 50,185 | |
630 |
9,682 | 625 | 285 | |
640/8 |
568 | 312 | 83 | |
9901 |
61,623 | 134,931 | 49,817 | |
75/76B |
0 | - | 136 | |
75 |
0 | - | 136 | |
65/66B |
235 | 1,204 | 852 | |
65 |
235 | 1,204 | 852 | |
9903 |
61,388 | 133,727 | 49,100 | |
67/77 |
12,648 | 29,255 | 13,581 | |
9904 |
48,740 | 104,472 | 35,520 | |
9905 |
48,740 | 104,472 | 35,520 | |
| Appropriation of the result | ||||
9906 |
48,740 | 104,472 | 35,520 | |
691/2 |
48,740 | 104,472 | 34,690 | |
6921 |
48,740 | 104,472 | 34,690 | |
694/7 |
- | - | 830 | |
694 |
- | - | 830 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 71,304 | 135,556 | 50,102 | ||
| 58,422 | 105,097 | 35,805 | ||
| 36,456 | 1,300 | 1,425 | ||
| -879 | 123,515 | - | ||
| 161,813 | 139,847 | 36,050 | ||
| 88.2% | 81.4% | 59.3% | ||
| 7.38 | 5.31 | 2.41 | ||
| 0.13 | 0.23 | 0.69 | ||
| 25.6% | 73.7% | 95.5% | ||
| 22.6% | 60.0% | 56.7% | ||
| over 100 | over 100 | 58.80 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €36,456 | €1,300 | €1,425 |
| €9,682 | €625 | €285 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on cosphi
The operating result for 2025 is 54% lower than in 2024.
Debt's share of the balance-sheet total falls from 18.6% to 11.8%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 06-04-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 29-01-2026
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 06-04-2023, still in office
Control
Founder
This company
cosphi
Equity €190,402
Profit €48,740 in 2025
Capital
- Contribution
- €2,500
- Shares
- 250
- Contribution per share
- €10
- Equity per share
- €762 in 2025
- Source
- deed of 06-04-2023
Articles of association
deed of 06-04-2023 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer bestuurders, algemene vergadering bepaalt aantal, duur en bij meerdere bevoegdheid”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 20:00
Shareholders
At incorporation
deed of 06-04-2023 ↗
- 250 shares (100%) · €2,500
Network & group
No group
cosphi has no parent and no holdings in its annual accounts. is the only director. cosphi shares no director with another company.
Timeline
Timeline
10 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 183 days before the deadline
2025
Equity above €150,000 equity €190,402 ▲34.4% With a profit in every financial year since 2023, equity grows to €190,402.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0800407673
Annual accounts 2024 filed PDFmicro format · 58 days before the deadline
2024
Highest result from 2023 to 2025 net €104,472 ▲194% The operating result of €134,931 and the net result of €104,472 are both a record.
Liquidity more than doubled current ratio 5.31 The current ratio rises from 2.41 to 5.31.
Equity above €100,000 equity €141,662 ▲281% With a profit in every financial year since 2023, equity grows to €141,662.
Annual accounts 2023 filed PDFmicro format · 40 days before the deadline
2023
IncorporationFounding capital of €2,500, 250 shares · Founder: · Appointment: (director) · published on 06-04-20235 points ▸
- Board rule, 1
- Director appointment, (director (not named in the articles))
- Founder,
- Founding capital, €2,500, 250 shares
- Registered office clause, Voortstraat44, 2890 Puurs-Sint-Amands
- The deed holds 4 more points.
First establishment Voortstraat 44, Puurs-Sint-Amands
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0800.407.673
- VAT number
- BE 0800.407.673
- Peppol ID
- 0208:0800407673
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 04-04-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 20:00deed of 06-04-2023 (in Dutch)
- Peppol
- Reachable since 16-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- cosphi in Dutch
- Entity type
- Legal entity
Activities
NACEBEL 202546180
Agents specialised in the wholesale of other particular products main activity
62100
Computer programming
63910
Web portal activities
Codes under NACEBEL 2008
46180
Wholesale trade main activity
62010
Computer programming, consultancy and related activities
62020
IT consultancy
63110
Computing infrastructure, data processing, hosting and other information service activities
63120
Computing infrastructure, data processing, hosting and other information service activities
70210
Activities of head offices; management consultancy activities
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Voortstraat 44 registered office 2890 Puurs-Sint-Amands | 04-04-2023 | 2.343.757.748 |
Buildings and parcels at the address
- Ground area
- 1,090 m²
- Buildings
- 197 m²
- Volume, LiDAR
- 1,186 m³
- Tallest building
- 10.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12028B0360/00F000 | 1,089 m² | 1 · 197 m² | 10.2 m · 2 |