Financials
- Fiscal year
- 2025
- Total assets
- €260,129
- Loss
- -€36,244
- Solvency
- 38.2%
Total assets▲ 164%
Net result
20192025
Cowize
ActiveSummary
The annual accounts of Cowize for fiscal year 2025 show a net loss of 53% of the equity at the start of that year. The 2025 annual accounts show equity of €99,316 and a net result of -€36,244. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 41% of 974 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Employment placement agencies
NACE 78100
1 site
Size
€260,129total assets 2025
- Staff
- 1 FTE
- Equity
- €99,316
- Loss
- -€36,244
Turnover not published (abridged schema)
Structure
Accounts 52 d early0 of 4 deeds read
Why 56Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Loss of €36,244, the second in a row (FY 2025)+ Liquidity: current ratio 1.57, cash €81,503+ Size: total assets €260,129+ Sector Employment activities (NACE 78)Show the evidence
Checked score
Score 2025
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 52% of its sector peers (NACE 78, micro)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
63-31
equity 38.2% of total assets
Liquidity
79-12
short-term debt 26.7% · cash 31.3%
Profitability
1+1
return on assets -13.9%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● 0.0% vs 11-2024
01-2025: < 0.1%▼ -2.2% vs 12-2024lowest value
02-2025: < 0.1%● 0.0% vs 01-2025lowest value
03-2025: < 0.1%● 0.0% vs 02-2025lowest value
04-2025: < 0.1%▲ +2.3% vs 03-2025
05-2025: < 0.1%▼ -2.2% vs 04-2025lowest value
06-2025: < 0.1%● 0.0% vs 05-2025lowest value
07-2025: 0.1%▲ +216% vs 06-2025
08-2025: 0.1%● 0.0% vs 07-2025
09-2025: 0.1%● 0.0% vs 08-2025
10-2025: 0.1%● 0.0% vs 09-2025
11-2025: 0.1%● 0.0% vs 10-2025
12-2025: 0.1%● 0.0% vs 11-2025
01-2026: 0.1%▼ -0.7% vs 12-2025
02-2026: 0.1%▼ -2.2% vs 01-2026
03-2026: 0.1%▼ -1.5% vs 02-2026
04-2026: 0.1%▲ +0.8% vs 03-2026
05-2026: 0.1%▲ +3.7% vs 04-2026
06-2026: 0.1%▼ -1.4% vs 05-2026
07-2026: 0.3%▲ +100% vs 06-2026
08-2026: 0.3%▲ +0.7% vs 07-2026
09-2026: 0.3%● 0.0% vs 08-2026
10-2026: 0.3%▲ +4.3% vs 09-2026highest value
- Loss of €36,244, the second in a row (FY 2025) raises the probability
- Liquidity: current ratio 1.57, cash €81,503 lowers the probability
- Size: total assets €260,129 lowers the probability for this profile
- Sector Employment activities (NACE 78) lowers the probability
Credit up to €5,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.57 against 3.25 in 2024; short-term debt: 26.7% and cash: 31.3% of total assets), but 61.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 78, micro). Better than this share of them on solvency 45%, liquidity 70%, profitability 15%, growth against the median 78%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 09-06-2026, 52 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
52 d early
2024
34 d early
2023
82 d early
2022
79 d early
2021
90 d early
2020
87 d early
2019
108 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 76 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.
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. Usually files around 13 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2020
- Next accounts
- by 31-07-2027
- 09-06-2026Annual accounts filed
- 27-06-2025Annual accounts filed
- 10-05-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Employment placement agenciesNACE 78100
- Founded
- 20-04-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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