Turnover
≈ €240,000 estimated
The micro format states no turnover.
COSSEY Technics
Lifetime
3 annual accounts with figures on one time axispeak €72,517 (2023)
€60,329▲ 106%
peak €40,369 (2023)
€28,544▲ 613%
peak €69,419 (2025)
€69,419▲ 69.8%
€44,121▼ 20.9%
Board2 names since 2022
1 directorCOSSEY Matthias Marcel
Documentsfilings and deeds
05-07-202626 days before the deadline
2025micro format
Gross margin from €29,344 to €60,329Result from €4,006 to €28,544Equity from €40,875 to €69,419Debts from €55,814 to €44,121Cash from €11,521 to €41,708
Key points
from the 2025 annual accountsChecked score
89
Excellent
Financially stronger than 82% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.4%▼ -0.1 percentage points vs 12-2024
02-2025: 1.4%● unchanged vs 01-2025
03-2025: 1.4%● unchanged vs 02-2025
04-2025: 1.5%▲ +0.1 percentage points vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.4%▼ -0.1 percentage points vs 06-2025
08-2025: 2.0%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 1.6%▼ -0.4 percentage points vs 08-2025
10-2025: 1.6%● unchanged vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.7%▲ +0.1 percentage points vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 1.4%▼ -0.3 percentage points vs 05-2026
07-2026: 1.4%● unchanged vs 06-2026
08-2026: 0.4%▼ -1.0 percentage point vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.3%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2022
Size: total assets €113,541
lowers risk
Liquidity: current ratio 1.70, cash €41,708
Equity €69,419 (61.1% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 67% of them on solvency, 80% on liquidity, 92% on profitability and 87% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as COSSEY Technics 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.
The bankruptcy probability of COSSEY Technics itself is lower: 0.3% within 12 months. It rests on far more data about COSSEY Technics than the profile alone.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for COSSEY Technics. 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
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.7 (0.87 in 2024), above the usual 1.5. Short-term debt is 32.8% and cash 36.7% of total assets. 38.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-07-2026, 26 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
26 days early
2024
20 days late
2023
23 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 6 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 August (3 of the last 3 accounts filed within 46 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- COSSEY Matthias Marcel 50 sharesdeed of 06-10-2022
- DEPREITERE Laurence Jordy Sabien 50 sharesdeed of 06-10-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0791822777
Incorporation
Founding capital of €1,500, 100 shares · Founders: COSSEY Matthias Marcel and DEPREITERE Laurence Jordy Sabien · Appointments: COSSEY Matthias Marcel (director) and Depreitrere laurence (successor director) · published on 06-10-2022 · Gazette deed
First establishment
Marelput 58, Roeselare
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COSSEY Technics Roeselare | €113,541 | €60,329 | 61.1% | - |
| L&Tric Roeselare | €116,695 | €73,245 | 29.2% | - |
| CL-Systems Ledegem | €122,972 | €50,881 | 78.3% | - |
| WIM ZWAENEPOEL Gistel | €110,986 | €50,041 | 75.6% | - |
| Pulsief Lendelede | €121,826 | €73,632 | 41.6% | - |
| Elektro Realisaties POPPE Berlare | €114,256 | €59,237 | 40.7% | - |
| I & T GROUP Heusden-Zolder | €116,722 | €56,686 | 83.5% | - |
These companies have the same main activity as COSSEY Technics: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €111,000 and €123,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 04-10-2022Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment unit
- 2.337.050.7918800 Roeselare, since 04-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 14-03-2025
Annual accounts 2025
- €113,541▲ 17.4%
- Filing
- Filed on 05-07-2026, 26 days before the end of the filing period
Insights on COSSEY Technics
COSSEY Technics files the micro format. That format states no turnover. The gross margin fell from €72,517 in 2023 to €60,329 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COSSEY Technics
- What is the company number of COSSEY Technics?
- The company number of COSSEY Technics is 0791.822.777. The VAT number is the same number with BE in front: BE 0791.822.777.
- Where is COSSEY Technics based?
- The registered office is at Marelput 58, 8800 Roeselare.Company details
- What does COSSEY Technics do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of COSSEY Technics?
- COSSEY Technics is a private limited company (BV).
- When was COSSEY Technics founded?
- COSSEY Technics was founded on 04-10-2022.
- Is COSSEY Technics still active?
- Yes, COSSEY Technics is an active enterprise in the KBO register.
- What is the turnover of COSSEY Technics?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €60,329 and 40 comparable companies (NACE 43211). It probably lies between €140,000 and €370,000.Financials
- Is COSSEY Technics profitable?
- In financial year 2025, COSSEY Technics made a profit of €28,544.
- Where can I find the annual accounts of COSSEY Technics?
- COSSEY Technics filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COSSEY Technics due?
- COSSEY Technics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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