COZIE
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
13 d early
2022
77 d early
2021
32 d early
2020
45 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2.86M▲ 0.1%
2023 · €2.85M
2018: €17.32Mhighest in 7 years
2019: €12.94M▼ -25.3% vs 2018
2020: €11.55M▼ -10.7% vs 2019
2021: €11.60M▲ +0.4% vs 2020
2022: €11.25M▼ -3.0% vs 2021
2023: €2.85M▼ -74.6% vs 2022lowest in 7 years
2024: €2.86M▲ +0.1% vs 2023
2018 → 2024
Total assets
€4.25M▲ 37.3%
2023 · €3.09M
2018: €19.34Mhighest in 7 years
2019: €17.23M▼ -10.9% vs 2018
2020: €12.31M▼ -28.6% vs 2019
2021: €12.83M▲ +4.2% vs 2020
2022: €14.55M▲ +13.4% vs 2021
2023: €3.09M▼ -78.8% vs 2022lowest in 7 years
2024: €4.25M▲ +37.3% vs 2023
2018 → 2024
Net result
€4k
2023 · €-13.70M
2018: €-2.38M
2019: €-4.38M▼ -83.8% vs 2018
2020: €-1.39M▲ +68.3% vs 2019
2021: €-405k▲ +70.9% vs 2020
2022: €-348k▲ +14.1% vs 2021
2023: €-13.70M▼ -3839% vs 2022lowest in 7 years
2024: €4k▲ +100% vs 2023highest in 7 years
2018 → 2024
Working capital
€2.88M=
2023 · €2.88M
2018: €3.81Mhighest in 7 years
2019: €-1.14M▼ -130% vs 2018
2020: €2.58M▲ +326% vs 2019
2021: €264k▼ -89.8% vs 2020
2022: €-1.30M▼ -591% vs 2021lowest in 7 years
2023: €2.88M▲ +322% vs 2022
2024: €2.88M● +0.0% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€11.55M-€11.60M▲ 0.4%€11.25M▼ 3.0%€2.85M▼ 74.6%€2.86M▲ 0.1%
2020: €11.55M
2021: €11.60M▲ +0.4% vs 2020highest in 5 years
2022: €11.25M▼ -3.0% vs 2021
2023: €2.85M▼ -74.6% vs 2022lowest in 5 years
2024: €2.86M▲ +0.1% vs 2023
Operating result€-1.44M-€-408k▲ 71.6%€-341k▲ 16.3%€-13.73M▼ 3,922%€-90k▲ 99.3%
2020: €-1.44M
2021: €-408k▲ +71.6% vs 2020
2022: €-341k▲ +16.3% vs 2021
2023: €-13.73M▼ -3922% vs 2022lowest in 5 years
2024: €-90k▲ +99.3% vs 2023highest in 5 years
Net result€-1.39M-€-405k▲ 70.9%€-348k▲ 14.1%€-13.70M▼ 3,839%€4k
2020: €-1.39M
2021: €-405k▲ +70.9% vs 2020
2022: €-348k▲ +14.1% vs 2021
2023: €-13.70M▼ -3839% vs 2022lowest in 5 years
2024: €4k▲ +100% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €90k in 2024 against €13.73M in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €4.25M
Equity
€2.86M ▲ 0.1%
Debt
€1.39M ▲ 482%
Debt's share of the balance-sheet total rises from 7.7% to 32.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-90k▲
2023 · €-13.73M
Cash flow
€4k▲
2023 · €-13.70M
Current ratio
3.11▼
2023 · 14.54
Debt to equity
0.49▲
2023 · 0.08
ROE
0.1%▲
2023 · -479.9%
ROA
0.1%▲
2023 · -442.9%
Interest coverage
-5.45▲
2023 · -743.82
Debt ≤ 1 year
€1.37M▲
2023 · €213k
Income taxes
€4k▼
2023 · €4k
Staff costs
€304k▼
2023 · €591k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.09M€4.25M▲
Fixed assets21/28€261€0▼
Tangible fixed assets22/27€260€0▼
Furniture and vehicles24€260€0▼
Financial fixed assets28€1€0▼
Current assets29/58€3.09M€4.25M▲
Amounts receivable within one year40/41€2.28M€4.15M▲
Trade receivables40€718k€750k▲
Other amounts receivable41€1.56M€3.40M▲
Cash at bank and in hand54/58€754k€93k▼
Deferred charges and accrued income490/1€58k€33▼
Equity and liabilities
Total equity and liabilities10/49€3.09M€4.25M▲
Equity10/15€2.85M€2.86M▲
Contributions10/11€26.16M€26.16M=
Capital10€26.16M€26.16M=
Issued capital100€26.16M€26.21M▲
Uncalled capital101-€47k
Profit (loss) carried forward14€-23.31M€-23.30M=
Amounts payable17/49€239k€1.39M▲
Amounts payable within one year42/48€213k€1.37M▲
Trade debts44€113k€184k▲
Suppliers440/4€113k€184k▲
Taxes, remuneration and social security45€100k€169k▲
Taxes450/3€22k€109k▲
Remuneration and social security454/9€78k€60k▼
Other amounts payable47/48-€1.01M
Accrued charges and deferred income492/3€26k€23k▼
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€350k-
Remuneration, social security and pensions62€591k€304k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€930€260▼
Other operating charges640/8€58k€3k▼
Non-recurring operating charges66A€13.60M€1▼
Gross operating margin9900€518k€218k▼
Operating profit (loss)9901€-13.73M€-90k▲
Financial income75/76B€56k€113k▲
Recurring financial income75€56k€113k▲
Financial charges65/66B€18k€16k▼
Recurring financial charges65€18k€16k▼
Profit (loss) for the period before taxes9903€-13.69M€7k▲
Income taxes67/77€4k€4k▼
Profit (loss) for the period9904€-13.70M€4k▲
Profit (loss) for the period to be appropriated9905€-13.70M€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23.31M€-23.30M=
Profit (loss) brought forward from the previous period14P€-9.61M€-23.31M▼
Social balance
Average headcount (FTE)90876.13.4▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €663 | €119 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €350k | - | - |
| Remuneration, social security and pensions62 | - | €694k | €680k | €591k | €304k | ▼ 48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €145k | €159k | €96k | €930 | €260 | ▼ 72.0% |
| Other operating charges640/8 | - | €20k | €4k | €58k | €3k | ▼ 94.7% |
| Non-recurring operating charges66A | - | €4k | €8k | €13.60M | €1 | ▼ 100.0% |
| Gross operating margin9900 | €503k | €470k | €447k | €518k | €218k | ▼ 57.9% |
| Operating profit (loss)9901 | €-1.44M | €-408k | €-341k | €-13.73M | €-90k | ▲ 99.3% |
| Financial income75/76B | - | €13k | €8k | €56k | €113k | ▲ 104% |
| Recurring financial income75 | €56k | €13k | €8k | €56k | €113k | ▲ 104% |
| Financial charges65/66B | - | €8k | €13k | €18k | €16k | ▼ 10.9% |
| Recurring financial charges65 | €7k | €8k | €13k | €18k | €16k | ▼ 10.9% |
| Profit (loss) for the period before taxes9903 | €-1.39M | €-403k | €-346k | €-13.69M | €7k | ▲ 100% |
| Income taxes67/77 | €2k | €2k | €1k | €4k | €4k | ▼ 4.8% |
| Profit (loss) for the period9904 | €-1.39M | €-405k | €-348k | €-13.70M | €4k | ▲ 100% |
| Profit (loss) for the period to be appropriated9905 | €-1.39M | €-405k | €-348k | €-13.70M | €4k | ▲ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.31M | €12.83M | €14.55M | €3.09M | €4.25M | ▲ 37.3% |
| Fixed assets21/28 | €8.98M | €11.37M | €12.60M | €261 | €0 | ▼ 100% |
| Intangible fixed assets21 | €305k | €262k | - | - | - | - |
| Tangible fixed assets22/27 | €14k | €6k | €1k | €260 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €6k | €1k | €260 | €0 | ▼ 100% |
| Financial fixed assets28 | €8.66M | €11.10M | €12.60M | €1 | €0 | ▼ 100% |
| Current assets29/58 | €3.33M | €1.47M | €1.96M | €3.09M | €4.25M | ▲ 37.3% |
| Amounts receivable within one year40/41 | €3.18M | €1.43M | €1.91M | €2.28M | €4.15M | ▲ 82.1% |
| Trade receivables40 | - | €1.40M | €1.27M | €718k | €750k | ▲ 4.5% |
| Other amounts receivable41 | - | €24k | €646k | €1.56M | €3.40M | ▲ 118% |
| Cash at bank and in hand54/58 | €117k | €8k | €35k | €754k | €93k | ▼ 87.7% |
| Deferred charges and accrued income490/1 | - | €32k | €9k | €58k | €33 | ▼ 99.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.31M | €12.83M | €14.55M | €3.09M | €4.25M | ▲ 37.3% |
| Equity10/15 | €11.55M | €11.60M | €11.25M | €2.85M | €2.86M | ▲ 0.1% |
| Contributions10/11 | €20.41M | €20.86M | €20.86M | €26.16M | €26.16M | = |
| Capital10 | - | €20.86M | €20.86M | €26.16M | €26.16M | = |
| Issued capital100 | - | €20.86M | €20.86M | €26.16M | €26.21M | ▲ 0.2% |
| Uncalled capital101 | - | - | - | - | €47k | - |
| Profit (loss) carried forward14 | €-8.86M | €-9.26M | €-9.61M | €-23.31M | €-23.30M | = |
| Amounts payable17/49 | €758k | €1.24M | €3.30M | €239k | €1.39M | ▲ 482% |
| Amounts payable within one year42/48 | €747k | €1.20M | €3.26M | €213k | €1.37M | ▲ 542% |
| Trade debts44 | €391k | €200k | €112k | €113k | €184k | ▲ 63.4% |
| Suppliers440/4 | - | €200k | €112k | €113k | €184k | ▲ 63.4% |
| Taxes, remuneration and social security45 | - | €92k | €138k | €100k | €169k | ▲ 69.0% |
| Taxes450/3 | - | €4k | €47k | €22k | €109k | ▲ 388% |
| Remuneration and social security454/9 | - | €88k | €91k | €78k | €60k | ▼ 22.7% |
| Other amounts payable47/48 | - | €911k | €3.01M | - | €1.01M | - |
| Accrued charges and deferred income492/3 | - | €32k | €49k | €26k | €23k | ▼ 13.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1.39M | €-405k | €-348k | €-13.70M | €4k | ▲ 100% |
| + Depreciation and write-downs630 | €145k | €159k | €96k | €930 | €260 | ▼ 72.0% |
| Operating cash flow (approximation) | €-1.24M | €-245k | €-252k | €-13.70M | €4k | ▲ 100% |
| Investment in fixed assets (approximation) | - | €-2.54M | €-1.33M | €12.60M | €1 | ▼ 100.0% |
| Change in cash | - | €-109k | €27k | €720k | €-661k | ▼ 192% |
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
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 6 loss-making years.
24-10
State Gazette act
Merger · Corporate purpose
Capital · Accounting effect
24-10
State Gazette act
Merger · Corporate purpose
Capital · Share issue
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-13.70M
Net result drops to €-13.70M, the lowest in the series.
31-12
Financial
Liquidity times 24current ratio 14.54
Current ratio from 0.60 to 14.54; short-term debt falls from €3.26M to €213k.
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 6current ratio 4.45
Current ratio from 0.73 to 4.45; short-term debt falls from €4.17M to €747k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 10 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 23 acts read
About the unread acts
We know of 23 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Recognitions · licences · registrations
Legal Entity Identifier
984500EFC59A36B6D822