COSY CASH
The computed 12-month bankruptcy probability of COSY CASH is 4.8% (elevated). The 2024 annual accounts show equity of €77k and a net result of €6k. Equity is growing by ~20.9% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €77k |
| Net result | €6k |
| Active | 5 yrs |
| Board | 1 |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €7k |
| Net profit | €6k |
| Cash flow | €6k |
| Staff costs | - |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €430k |
| Equity | €77k |
| Debt | €354k |
| of which ≤ 1y | €354k |
| of which > 1y | - |
| Working capital | €76k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.21 |
| Quick ratio | 1.21 |
| Working capital ratio | 17.7% |
| Solvency | 17.8% |
| Debt / equity | 4.60 |
| Long-term debt ratio | - |
| Interest coverage | 49.02 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.4% |
| ROE | 7.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €430k |
| Fixed assets | 21/28 | €633 |
| Formation expenses | 20 | €190 |
| Financial fixed assets | 28 | €633 |
| Current assets | 29/58 | €430k |
| Amounts receivable within one year | 40/41 | €429k |
| Cash & bank | 54/58 | €437 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €430k |
| Equity | 10/15 | €77k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €74k |
| Amounts payable | 17/49 | €354k |
| Amounts payable within one year | 42/48 | €354k |
| Trade debts payable within one year | 44 | €300k |
| Income statement | ||
| Gross operating margin | 9900 | €86k |
| Operating result | 9901 | €7k |
| Financial income | 75 | €537 |
| Financial charges | 65 | €150 |
| Result before taxes | 9903 | €8k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €6k |
| Result to be appropriated | 9905 | €6k |
-
HASRET GÜLSAHDirectorState Gazette act 24021832 (05-02-2024)Current01-01-2024 → present
Former directors (1)
-
HAN EFEDirectorState Gazette act 24021832 (05-02-2024)Former- → 31-12-2023
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 14-10-2020 |
| Status | Active |
| Postal code | 1030 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21015A0489/00F002 | Brussels | 221 m² | 1 · 220 m² | 24.9 m · 3 fl. |
| 21015A0090/00N002 | Brussels | 170 m² | 1 · 170 m² | 20.8 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
03-07-2025 Dissolution of the company
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"auditor": null,
"act_meta": {
"language": "fr",
"pub_date": "2025-07-03",
"filing_date": "2025-06-26",
"act_kind_objet": "Dissolution rapport\u00E9e par jugement du 12 juin 2025"
},
"decision": {
"body": "rechterlijke_uitspraak",
"act_date": "2025-06-12",
"unanimous": null
},
"end_event": {
"reason": "Dissolution judiciaire r\u00E9tract\u00E9e",
"art_wvv": [],
"is_death": false,
"sub_type": "judicial_dissolution_retracted",
"critic_note": null,
"closure_effective_date": null,
"dissolution_effective_date": null,
"liquidator_dropped_by_guard": null,
"closure_effective_date_is_approximate": false,
"dissolution_effective_date_is_approximate": false
},
"liquidator": null,
"silent_merger": null,
"court_division": {
"name": "tribunal de l\u0027entreprise francophone de Bruxelles",
"language": "fr",
"tribunal_type": "entreprise"
},
"books_custodian": null,
"subject_company": {
"kbo": "0756.592.476",
"name_full": "COSY CASH",
"legal_form": "SRL"
},
"closure_mandatary": null,
"prior_opening_ref": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [],
"real_estate_transferred": [],
"shareholder_loan_settled": null,
"financials_at_dissolution": null,
"distribution_to_shareholders": null
}05-02-2024 Registered office moved to Schaerbeek
- Avenue Princesse Elisabeth 75 à 1030 Schaerbeek
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Avenue Princesse Elisabeth 75 \u00E0 1030 Schaerbeek",
"city": "Schaerbeek",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Princesse Elisabeth",
"country": "BE",
"postcode": "1030",
"box_number": "1030",
"street_number": "75",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2024-01-01",
"evidence_quote": "L\u0027assembl\u00E9e a d\u00E9cid\u00E9 de transf\u00E9rer le si\u00E8ge social de la soci\u00E9t\u00E9 \u00E0 1030 Bruxelles, \u0022PLACE PRINCESSE ELISABETH, 44 \u00E0 dater de ce 1er Janvier 2024.\u0022",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxeles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2024-01-26",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire",
"date": "2024-01-02",
"unanimous": true
},
"subject_company": {
"kbo": "0756.592.476",
"name_full": "COSY CASH",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Mr. HAN EFE",
"org_rep_person_name": null,
"person_role_at_subject": "administrateur"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"24-Annexes du Moniteur belge"
]
}19-05-2023 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"after_eur": null,
"delta_eur": null,
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"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Han Efe",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 70,
"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "SCHAERBEEK",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2023-03-19",
"filing_date": "2023-05-10",
"act_kind_objet": "Objet(s) de l\u0027acte :"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2023-04-28",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": "2023-04-28"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0756.592.476",
"name_full": "COSY CASH",
"legal_form": "SRL",
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},
"publication_proxy": {
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"org_kbo": null,
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},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Han Efe",
"role": "Administrateur",
"n_shares": 100,
"share_class": null
}
],
"share_classes_after": []
}17-03-2022 Transaction in capital or shares
Technical details
{
"events": [
{
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"after_eur": null,
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"subscribers": [
{
"kbo": null,
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"kind": "person",
"name": "Han Safet",
"share_class": null,
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"contribution_kind": null,
"n_shares_subscribed": 70,
"contribution_amount_eur": null
},
{
"kbo": null,
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"kind": "person",
"name": "Hasret Gulsah",
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"contribution_kind": null,
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"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
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"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2022-03-17",
"filing_date": null,
"act_kind_objet": "Objet(s) de l\u0027acte :Nomination d\u0027 Administrateur"
},
"decision": {
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"act_date": "2021-09-15",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": "2021-09-15"
},
"bedrijfsrevisor": null,
"subject_company": {
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},
"publication_proxy": {
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},
"co_filed_documents": [],
"shareholders_after": [
{
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},
{
"kbo": null,
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"kind": "person",
"name": "Han Efe",
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"n_shares": 30,
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}
],
"share_classes_after": []
}| Legal nameFR | COSY CASH |
- 21-03-2025 Address strikeout annulled