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COSYS

Active Private limited companyfounded 1992active for 34 yearsGontrode Heirweg 160, 9820 Merelbeke-MelleKBO/BCE: BE 0448.001.923 #6 oldest company in Merelbeke-Melle, Telecoms and IT sector

Lifetime

19 annual accounts with figures on one time axis, 32 filings since 1993
peak €128,625 (2025)
€128,625▲ 84.6%
lowest -€7,888 (2007)
€77,375▲ 126%
peak €211,888 (2025)
€211,888▲ 23.9%
€251,041▲ 6.4%
peak 0.2 FTE (2013)
-not published
Board2 names since 2022
1 director
Documentsfilings and deeds
03-02-20263 days late
2025micro format
Gross margin from €69,682 to €128,625Result from €34,238 to €77,375Dividend €36,500Equity from €171,013 to €211,888Investments €58,539Cash from €23,292 to €15,754

Key points

from the 2025 annual accounts

Equity

€211,888 ▲ 23.9%

COSYS has made a profit without a break since 2012.

Investments

€66,304 4.2 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Filings

32 annual accounts since 1993
deadline200020102020

Four of the last ten came late. The 2021 accounts came latest: 10 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,135 companies had the same profile as COSYS has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 20,135 companies, not a prediction for COSYS. 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

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0448001923
Capital increase of €7.99 to €18,600 Capital from €18,592.01 to €18,600 · Change of role: , from statutory manager to statutory director · Appointment: (successor statutory director) · General meeting of 11-01-2023 · Gazette deed
First establishment Gontrode Heirweg 160, Merelbeke-Melle
Incorporation published on 01-09-1992 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
COSYS Merelbeke-Melle €462,929 €128,625 45.8% -
D.W. SOFT Merelbeke-Melle €446,625 €107,296 92.7% -
Adem Interactive Media Oud-Heverlee €395,223 €150,821 72.1% 1.8
EURO ADVANCE Forest €569,910 €108,508 92.6% -
EXTRASOFT Ghent €475,322 €90,228 63.6% 1
ITBIZZ NETWORKS Aalst €407,282 €89,126 32.2% -
PRIORITY BELGIUM Keerbergen €377,540 €125,583 69.8% -

These companies have the same main activity as COSYS: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €378,000 and €570,000, founded between 1990 and 2000.

Official details

Source: KBO
Status
Active since 07-08-1992Normal situation
Activity
Computing infrastructure, data processing, hosting and related activitiesNACE 63100
Establishment unit
2.059.084.0299820 Merelbeke-Melle, since 06-10-1992
Financial year end
30 June
Peppol
Reachable since 07-10-2026
Company details

Annual accounts to 30-06-2025

≈ €320,000estimated
€462,929▲ 13.7%
Filing
Filed on 03-02-2026
Financials

Insights on COSYS

COSYS files the micro format. That format states no turnover. The gross margin rose from €873 in 2007 to €128,625 in 2025.

The balance sheet grew most from 2019 to 2021 through fixed assets.

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 COSYS

What is the company number of COSYS?
The company number of COSYS is 0448.001.923. The VAT number is the same number with BE in front: BE 0448.001.923.
Where is COSYS based?
The registered office is at Gontrode Heirweg 160, 9820 Merelbeke-Melle.Company details
What does COSYS do?
According to the KBO register, the main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100).
What is the legal form of COSYS?
COSYS is a private limited company (BV).
When was COSYS founded?
COSYS was founded on 07-08-1992.
Is COSYS still active?
Yes, COSYS is an active enterprise in the KBO register.
What is the turnover of COSYS?
The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €128,625 and 2,201 comparable companies of the same size. It probably lies between €210,000 and €500,000. It is a rough estimate.Financials
Is COSYS profitable?
In financial year 2025, COSYS made a profit of €77,375.
Where can I find the annual accounts of COSYS?
COSYS filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COSYS due?
COSYS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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