COSSAER
ActiveSummary
COSSAER has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+22
Solvency28▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.24 against 0.16 in 2024; short-term debt: 35.5% and cash: 1.3% of total assets), and 97.1% of the assets are financed with debt.
Credit check for your own amount and term
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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.9%
Return on assets
2.8%
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 25-08-2026, 25 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
25 d late
2024
33 d late
2023
84 d early
2022
17 d early
2021
23 d early
2020
32 d early
2019
16 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 10,670%
2024 · €211
2018: €-10k
2019: €-7k
2020: €26k
2021: €-27k
2022: €-16k
2023: €25k
2024: €211
2018 → 2025
Total assets
€793k▲ 2.8%
2024 · €771k
2018: €547k
2019: €888k
2020: €853k
2021: €792k
2022: €729k
2023: €691k
2024: €771k
2018 → 2025
Net result
€23k
2024 · €-25k
2018: €-25k
2019: €3k
2020: €2k
2021: €-53k
2022: €11k
2023: €41k
2024: €-25k
2018 → 2025
Working capital
€-215k▲ 8.1%
2024 · €-234k
2018: €82k
2019: €-209k
2020: €-168k
2021: €-224k
2022: €-207k
2023: €-169k
2024: €-234k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-27k-€-16k▲ 41.4%€25k€211▼ 99.2%€23k▲ 10,670%
Operating result€-34k-€25k€53k▲ 112%€-11k€39k
Net result€-53k-€11k€41k▲ 267%€-25k€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €39k after a loss of €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €793k
Fixed assets
€726k ▼ 0.2%
Current assets
€67k ▲ 51.8%
Equity and liabilities €793k
Equity
€23k ▲ 10,670%
Debt
€770k ▼ 0.1%
Debt's share of the balance-sheet total falls from 100.0% to 97.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82k▲
2024 · €43k
Cash flow
€65k▲
2024 · €29k
Current ratio
0.24▲
2024 · 0.16
Quick ratio
0.23▲
2024 · 0.16
Debt to equity
33.86
ROE
99.1%
ROA
2.8%▲
2024 · -3.2%
Interest coverage
4.89▲
2024 · 3.18
Debt ≤ 1 year
€282k▲
2024 · €278k
Debt > 1 year
€435k▼
2024 · €493k
Income taxes
€216▲
2024 · €73
Staff costs
€122k▼
2024 · €178k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€771k€793k▲
Fixed assets21/28€727k€726k▼
Tangible fixed assets22/27€726k€725k▼
Land and buildings22€17k€14k▼
Plant, machinery and equipment23€141k€131k▼
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25€567k€579k▲
Financial fixed assets28€835€835=
Current assets29/58€44k€67k▲
Stocks and contracts in progress3€0€671▲
Stocks30/36€0€671▲
Amounts receivable within one year40/41€34k€50k▲
Trade receivables40€34k€50k▲
Other amounts receivable41€0-
Current investments50/53€376€1▼
Cash at bank and in hand54/58€7k€10k▲
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€771k€793k▲
Equity10/15€211€23k▲
Contributions10/11€50k€50k=
Reserves13€3k€3k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€901€901=
Profit (loss) carried forward14€-53k€-30k▲
Amounts payable17/49€771k€770k▼
Amounts payable after more than one year17€493k€435k▼
Financial debts170/4€493k€435k▼
Amounts payable within one year42/48€278k€282k▲
Current portion of amounts payable after more than one year42€90k€106k▲
Financial debts43€5k€4k▼
Credit institutions430/8€0-
Other loans439€5k€4k▼
Trade debts44€25k€30k▲
Suppliers440/4€25k€30k▲
Taxes, remuneration and social security45€33k€20k▼
Taxes450/3€8k€2k▼
Remuneration and social security454/9€25k€18k▼
Other amounts payable47/48€125k€121k▼
Accrued charges and deferred income492/3€453€53k▲
Income statement
Code20242025
Remuneration, social security and pensions62€178k€122k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€42k▼
Other operating charges640/8€2k€8k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€223k€212k▼
Operating profit (loss)9901€-11k€39k▲
Financial income75/76B€0€71▲
Recurring financial income75€0€71▲
Financial charges65/66B€14k€17k▲
Recurring financial charges65€14k€17k▲
Profit (loss) for the period before taxes9903€-25k€23k▲
Income taxes67/77€73€216▲
Profit (loss) for the period9904€-25k€23k▲
Profit (loss) for the period to be appropriated9905€-25k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-30k▲
Profit (loss) brought forward from the previous period14P€-28k€-53k▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
02-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 33 days late
2024
08-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €41k ▲267%
Operating result €53k, net result €41k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-53k ▼2240%
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
Show earlier events
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Buggenhout · 1 establishment unit since 1986
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.
Platteput 19255 BuggenhoutGround area
584 m²
Building footprint
680 m²
Volume, LiDAR
2,138 m³
Parcel 42004A0245/00E003, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Interfitness Cossaer
since 19862.173.163.452
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004A0245/00E003 | Flanders | 584 m² | 1 · 680 m² | 5.1 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 19,516 EUR awarded · 19,516 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,599 EUR | 3,599 EUR |
| 2024 | 2 | 9,500 EUR | 9,500 EUR |
| 2023 | 1 | 6,417 EUR | 6,417 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Food safety, FASFC
1 siteBuggenhout2.173.163.452
Dual-learning approval
1 live approvalFitnessbegeleider duaal (so)
Similar companies · same sector, comparable size
CHIKINOKE
BE 0770.597.494
Vorst · Eq €22,744
The Red Penguin
BE 0783.318.550
Mol · Eq €22,745
EXPRESS 24 CLEAN
BE 0797.508.957
Sint-Jans-Molenbeek · Eq €22,719
ONSENFISH
BE 0776.605.853
Namur · Eq €22,718
FAT COUSCOUS
BE 0452.078.594
Namur · Eq €22,752
Of 7,504 companies in sector 56210 we hold annual accounts for 2,444. 1,862 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-1984
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
93130Fitness centres
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.