Cossolid
ActiveSummary
Cossolid has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171,209 and a net result of €26,740. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 11547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+7
Solvency78▼-21
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 4.87 against 4.79 in 2024; short-term debt: 12.9% and cash: 37.6% of total assets), and 47.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
52.9%
Return on assets
8.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-03-2026, 57 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
57 d early
2024
41 d early
2023
5 d early
2022
52 d early
2021
3 d early
2020
on the day
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 20 March (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€171,209▲ 18.5%
2024 · €144,469
Total assets
€323,654▲ 65.1%
2024 · €196,017
Net result
€26,740▲ 456%
2024 · €4,809
Working capital
€161,532▲ 9.5%
2024 · €147,581
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11,072▼ 29.0%€17,350▲ 56.7%€68,416▲ 294%€6,462▼ 90.6%€39,288▲ 508%
Net result€10,278within the sector's middle half▼ 18.6%€12,674within the sector's middle half▲ 23.3%€52,903above the sector's middle half▲ 317%€4,809within the sector's middle half▼ 90.9%€26,740within the sector's middle half▲ 456%
Equity€74,083below the sector's middle half▲ 16.1%€86,757within the sector's middle half▲ 17.1%€139,660within the sector's middle half▲ 61.0%€144,469within the sector's middle half▲ 3.4%€171,209within the sector's middle half▲ 18.5%
Total assets€144,814below the sector's middle half▲ 10.5%€503,125above the sector's middle half▲ 247%€395,337within the sector's middle half▼ 21.4%€196,017within the sector's middle half▼ 50.4%€323,654within the sector's middle half▲ 65.1%
Debt€70,731▲ 5.2%€416,368▲ 489%€255,677▼ 38.6%€51,548▼ 79.8%€152,445▲ 196%
Working capital€77,203within the sector's middle half▲ 22.1%€467,866above the sector's middle half▲ 506%€186,668above the sector's middle half▼ 60.1%€147,581above the sector's middle half▼ 20.9%€161,532above the sector's middle half▲ 9.5%
Solvency51.2%within the sector's middle half▲ 2.5pp17.2%within the sector's middle half▼ 33.9pp35.3%within the sector's middle half▲ 18.1pp73.7%above the sector's middle half▲ 38.4pp52.9%within the sector's middle half▼ 20.8pp
Current ratio2.87within the sector's middle half▼ 0.0923.27above the sector's middle half▲ 20.401.90within the sector's middle half▼ 21.364.79above the sector's middle half▲ 2.884.87above the sector's middle half▲ 0.08
Return on assets (ROA)7.1%within the sector's middle half▼ 2.5pp2.5%within the sector's middle half▼ 4.6pp13.4%above the sector's middle half▲ 10.9pp2.5%within the sector's middle half▼ 10.9pp8.3%within the sector's middle half▲ 5.8pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 508% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €323,654
Fixed assets
€120,362 ▲ 1,171%
Current assets
€203,292 ▲ 9.0%
Equity and liabilities €323,654
Equity
€171,209 ▲ 18.5%
Debt
€152,445 ▲ 196%
Debt's share of the balance-sheet total rises from 26.3% to 47.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€69,334▲
2024 · €9,134
Cash flow
€56,786▲
2024 · €7,481
Quick ratio
4.58▲
2024 · 4.48
Debt to equity
0.89▲
2024 · 0.36
ROE
15.6%▲
2024 · 3.3%
Interest coverage
14.41▼
2024 · 19.67
Debt ≤ 1 year
€41,759▲
2024 · €38,966
Debt > 1 year
€110,686▲
2024 · €12,582
Income taxes
€7,734▲
2024 · €1,189
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | -€693 | €146 | €160 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,043 | €12,105 | €12,105 | €2,672 | €30,046 | ▲ 1,025% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €27,567 | - |
| Other operating charges640/8 | €470 | - | €348 | €384 | €573 | ▲ 49.1% |
| Gross operating margin9900 | €23,891 | €29,600 | €81,028 | €9,518 | €97,473 | ▲ 924% |
| Operating profit (loss)9901 | €11,072 | €17,350 | €68,416 | €6,462 | €39,288 | ▲ 508% |
| Financial income75/76B | €2,752 | €107 | €8 | - | €0 | - |
| Recurring financial income75 | €2,752 | €107 | €8 | - | €0 | - |
| Financial charges65/66B | €722 | €1,224 | €998 | €464 | €4,813 | ▲ 937% |
| Recurring financial charges65 | €722 | €1,224 | €548 | €464 | €4,813 | ▲ 937% |
| Non-recurring financial charges66B | - | - | €450 | - | - | - |
| Profit (loss) for the period before taxes9903 | €13,103 | €16,233 | €67,425 | €5,998 | €34,475 | ▲ 475% |
| Income taxes67/77 | €2,825 | €3,559 | €14,522 | €1,189 | €7,734 | ▲ 551% |
| Profit (loss) for the period9904 | €10,278 | €12,674 | €52,903 | €4,809 | €26,740 | ▲ 456% |
| Profit (loss) for the period to be appropriated9905 | €10,278 | €12,674 | €52,903 | €4,809 | €26,740 | ▲ 456% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €144,814 | €503,125 | €395,337 | €196,017 | €323,654 | ▲ 65.1% |
| Fixed assets21/28 | €26,352 | €14,247 | €2,142 | €9,470 | €120,362 | ▲ 1,171% |
| Tangible fixed assets22/27 | €26,352 | €14,247 | €2,142 | €9,470 | €120,362 | ▲ 1,171% |
| Plant, machinery and equipment23 | €23,380 | €12,520 | €1,660 | - | €111,940 | - |
| Furniture and vehicles24 | €2,972 | €1,727 | €482 | €9,470 | €8,423 | ▼ 11.1% |
| Current assets29/58 | €118,462 | €488,878 | €393,195 | €186,547 | €203,292 | ▲ 9.0% |
| Stocks and contracts in progress3 | - | €203,560 | €12,090 | €12,034 | €12,034 | = |
| Stocks30/36 | - | €203,560 | €12,090 | €12,034 | €12,034 | = |
| Amounts receivable within one year40/41 | €65,663 | €55,227 | €105,016 | €122,169 | €69,611 | ▼ 43.0% |
| Trade receivables40 | €24,650 | €31,115 | €42,708 | €111,880 | €1,249 | ▼ 98.9% |
| Other amounts receivable41 | €41,013 | €24,112 | €62,307 | €10,289 | €68,362 | ▲ 564% |
| Cash at bank and in hand54/58 | €52,799 | €230,090 | €276,090 | €52,344 | €121,547 | ▲ 132% |
| Deferred charges and accrued income490/1 | - | - | - | - | €99 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €144,814 | €503,125 | €395,337 | €196,017 | €323,654 | ▲ 65.1% |
| Equity10/15 | €74,083 | €86,757 | €139,660 | €144,469 | €171,209 | ▲ 18.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | €6,200 | - | - | - | - | - |
| Other1109/19 | €6,200 | - | - | - | - | - |
| Reserves13 | €19,020 | €19,020 | €19,020 | €19,020 | €19,020 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €17,160 | €17,160 | €17,160 | €17,160 | €17,160 | = |
| Profit (loss) carried forward14 | €48,863 | €61,537 | €114,440 | €119,249 | €145,989 | ▲ 22.4% |
| Amounts payable17/49 | €70,731 | €416,368 | €255,677 | €51,548 | €152,445 | ▲ 196% |
| Amounts payable after more than one year17 | €29,472 | €23,774 | €17,980 | €12,582 | €110,686 | ▲ 780% |
| Financial debts170/4 | €29,472 | €23,774 | €17,980 | €12,582 | €110,686 | ▲ 780% |
| Amounts payable within one year42/48 | €41,259 | €21,012 | €206,527 | €38,966 | €41,759 | ▲ 7.2% |
| Current portion of amounts payable after more than one year42 | €5,602 | €5,698 | €5,794 | €5,398 | €25,141 | ▲ 366% |
| Trade debts44 | €31,695 | €10,504 | €184,945 | €31,067 | €7,571 | ▼ 75.6% |
| Suppliers440/4 | €31,695 | €10,504 | €184,945 | €31,067 | €7,571 | ▼ 75.6% |
| Taxes, remuneration and social security45 | €2,825 | €3,559 | €14,522 | €1,189 | €7,734 | ▲ 551% |
| Taxes450/3 | €2,825 | €3,559 | €14,522 | €1,189 | €7,734 | ▲ 551% |
| Other amounts payable47/48 | €1,136 | €1,252 | €1,266 | €1,312 | €1,312 | = |
| Accrued charges and deferred income492/3 | - | €371,582 | €31,170 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,278 | €12,674 | €52,903 | €4,809 | €26,740 | ▲ 456% |
| + Depreciation and write-downs630 | €13,043 | €12,105 | €12,105 | €2,672 | €30,046 | ▲ 1,025% |
| Operating cash flow (approximation) | €23,320 | €24,779 | €65,008 | €7,481 | €56,786 | ▲ 659% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€10,000 | -€140,939 | ▼ 1,309% |
| Change in cash | - | €177,292 | €45,999 | -€223,746 | €69,204 | ▲ 131% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Equity above €150,000Eq €171,209 ▲18.5%
6 profitable years in a row build equity to €171,209.
20-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity triplescurrent ratio 4.79
Current ratio from 1.90 to 4.79; short-term debt falls from €206,527 to €38,966.
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €52,903 ▲317%
Operating result €68,416, net result €52,903, both a record.
30-09
Financial
Equity above €100,000Eq €139,660 ▲61%
4 profitable years in a row build equity to €139,660.
09-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity times 8current ratio 23.27
Current ratio from 2.87 to 23.27; short-term debt falls from €41,259 to €21,012.
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €12,628
Net result €12,628 after one loss-making year.
Show earlier events
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet -€3,080
Net result drops to -€3,080, the lowest in the series; recovery starts the following year.
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lennik · 1 establishment unit since 2017
Ground area
2,348 m²
Parcel 23075D0172/00S000, Flanders. Linked by address, not a title deed.
1 establishment unit
Cossolid
since 20172.264.505.778
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23075D0172/00S000 | Flanders | 2,347 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
10.22%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
ARCOON
BE 0896.405.704
Gent · Eq €152,093
REVATEC
BE 0841.161.531
Genk · Eq €200,539
THE WATERHOUSE
BE 0898.630.269
Beveren · Eq €145,840
MAXI-TECH
BE 0630.864.244
Schaarbeek · Eq €139,506
BELPIPES
BE 0567.975.382
Antwerpen · Eq €138,614
Of 156 companies in this sector we hold annual accounts for 113. 78 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded27-04-2017
Fiscal year end30-09
Activities, NACEBEL 2025
46836Wholesale trade
25530Machining of metals
93299Other amusement and recreation activities
Contact
E-mail
dennis@cossolid.be
Phone
0486/979247
E-invoicing
Reachable via Peppol
Peppol ID
0208:0674881359
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.