Skip to content

Dr. Cosyn

Active
Private limited companyfounded 201016 yrs activeAstridstraat 81, 9620 Zottegem, BelgiumKBO/BCE: BE 0823.310.759
Summary

Dr. Cosyn has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.7m and a net result of €345,883. Equity is growing by ~11.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

What they do
Dental practice
NACE 86230
#7 company by equity in Zottegem, Health and social work sector1 site
How big
€1.8mtotal assets 2024
Staff
2.3 FTE
Equity
€1.7m
Profit
€345,883
Turnover not published (abridged schema)
Financially healthy?
90 Excellent Checked score 2024
Bankruptcy chance 12 m
0.1%
Who decides
Accounts 46 d early0 of 5 deeds read
Why 90+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability93▲+13
Solvency100▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 18.05 against 2.9 in 2023; short-term debt: 5.1% and cash: 12% of total assets), and 5.1% 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

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
94.9%
Return on assets
19.4%
Age of the figures
21 mo
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
24 d early
2023
36 d early
2022
95 d early
2021
62 d early
2020
65 d early
2019
39 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 52 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 15 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Highest result since 2018net €345,883 ▲3%

Financials

Fiscal year 2024Total assets €1.8mProfit €345,883Solvency 94.9%Liquidity 18.05
Total assets
€1.8m▼ 9.2%
2018 - 2024
Net result
€345,883▲ 3.0%
2018 - 2024
Equity
€1.7m▲ 25.7%
2018 - 2024
Staff (FTE)
2.3▼ 48.9%
2018 - 2024

Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet

Trend over the years7 fiscal years
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 86, Human health activities, 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
Line20202021202220232024
Operating result€0.2m▲ 4.3%€0.3m▲ 70.8%€0.4m▲ 21.3%€0.4m▲ 9.3%€0.4m▼ 0.9%
Net result€0.1mwithin the sector's middle half▲ 20.1%€0.2mwithin the sector's middle half▲ 57.9%€0.2mwithin the sector's middle half▲ 5.2%€0.3mabove the sector's middle half▲ 42.3%€0.3mabove the sector's middle half▲ 3.0%
Equity€1.1mwithin the sector's middle half▲ 15.2%€1.3mwithin the sector's middle half▲ 20.8%€1.5mabove the sector's middle half▲ 18.2%€1.3mwithin the sector's middle half▼ 12.4%€1.7mabove the sector's middle half▲ 25.7%
Total assets€1.1mwithin the sector's middle half▲ 10.7%€1.4mwithin the sector's middle half▲ 23.2%€1.6mwithin the sector's middle half▲ 14.1%€2.0mwithin the sector's middle half▲ 23.5%€1.8mwithin the sector's middle half▼ 9.2%
Debt€0.06m▼ 37.0%€0.09m▲ 68.8%€0.05m▼ 43.1%€0.6m▲ 1,066%€0.09m▼ 85.3%
Working capital€1.0mabove the sector's middle half▲ 17.8%€1.2mabove the sector's middle half▲ 22.0%€1.4mabove the sector's middle half▲ 12.5%€1.2mabove the sector's middle half▼ 16.1%€1.6mabove the sector's middle half▲ 31.9%
Solvency95.1%above the sector's middle half▲ 3.7pp93.3%above the sector's middle half▼ 1.8pp96.7%above the sector's middle half▲ 3.4pp68.5%within the sector's middle half▼ 28.1pp94.9%above the sector's middle half▲ 26.4pp
Current ratio19.50above the sector's middle half▲ 7.4514.37above the sector's middle half▼ 5.1227.45above the sector's middle half▲ 13.072.90within the sector's middle half▼ 24.5418.05above the sector's middle half▲ 15.15
Return on assets (ROA)12.6%within the sector's middle half▲ 1.0pp16.1%within the sector's middle half▲ 3.5pp14.9%within the sector's middle half▼ 1.2pp17.1%within the sector's middle half▲ 2.3pp19.4%within the sector's middle half▲ 2.3pp
Staff (FTE)1.7within the sector's middle half▲ 6.3%1.6within the sector's middle half▼ 5.9%2.9within the sector's middle half▲ 81.3%4.5within the sector's middle half▲ 55.2%2.3within the sector's middle half▼ 48.9%
above within below the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
€0€200,000€400,000Operating result 2020: €188,774€188,774Net result 2020: €142,009€142,009Operating result 2021: €322,495€322,495Net result 2021: €224,212€224,212Operating result 2022: €391,234€391,234Net result 2022: €235,959€235,959Operating result 2023: €427,444€427,444Net result 2023: €335,748€335,748Operating result 2024: €423,525€423,525Net result 2024: €345,883€345,88320202021202220232024€0€200,000€400,000Operating result 2022: €391,234€391,000Net result 2022: €235,959Operating result 2023: €427,444€427,000Net result 2023: €335,748Operating result 2024: €423,525€424,000Net result 2024: €345,883€346,000202220232024
The operating result falls in 2024; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets €140,373 ▼ 17.3%
Current assets €1.6m ▼ 8.5%
Equity and liabilities €1.8m
Equity €1.7m ▲ 25.7%
Debt €90,935 ▼ 85.3%
Debt's share of the balance-sheet total falls from 31.5% to 5.1%. Equity is higher and debt is lower.
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
EBITDA
€465,877▼
2023 · €468,775
Cash flow
€388,235▲
2023 · €377,079
Debt to equity
0.05▼
2023 · 0.46
ROE
20.5%▼
2023 · 25.0%
Interest coverage
326.57▲
2023 · -10.85
Debt ≤ 1 year
€90,935▼
2023 · €617,709
Income taxes
€160,126▲
2023 · €135,316
Staff costs
€110,797▲
2023 · €97,549
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 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 34,696 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.

Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet Code20232024
Assets
Total assets20/58€2.0m€1.8m▼
Fixed assets21/28€0.2m€0.1m▼
Tangible fixed assets22/27€0.2m€0.1m▼
Land and buildings22€0.02m€0.02m▲
Plant, machinery and equipment23€0.08m€0.07m▼
Furniture and vehicles24€0.06m€0.04m▼
Other tangible fixed assets26€0.005m€0.005m=
Financial fixed assets28€115€115=
Current assets29/58€1.8m€1.6m▼
Amounts receivable within one year40/41€0€0.05m▲
Trade receivables40€0€350▲
Other amounts receivable41€0€0.04m▲
Current investments50/53€1.2m€1.4m▲
Cash at bank and in hand54/58€0.6m€0.2m▼
Deferred charges and accrued income490/1€0.006m€0.02m▲
Equity and liabilities
Total equity and liabilities10/49€2.0m€1.8m▼
Equity10/15€1.3m€1.7m▲
Contributions10/11€0.02m€0.02m=
Reserves13€1.3m€1.7m▲
Distributable reserves133€1.3m€1.7m▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€0.6m€0.09m▼
Amounts payable within one year42/48€0.6m€0.09m▼
Trade debts44€0.009m€0.03m▲
Suppliers440/4€0.009m€0.03m▲
Advances received on contracts in progress46€0.002m€0▼
Taxes, remuneration and social security45€0.07m€0.04m▼
Taxes450/3€0.06m€0.04m▼
Remuneration and social security454/9€0.01m€0.005m▼
Other amounts payable47/48€0.5m€0.02m▼
Income statement Code20232024
Non-recurring operating income76A€0.03m€0▼
Remuneration, social security and pensions62€0.1m€0.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.04m▲
Other operating charges640/8€0.001m€0.001m▲
Non-recurring operating charges66A€0.004m€0.002m▼
Gross operating margin9900€0.6m€0.6m▲
Operating profit (loss)9901€0.4m€0.4m▼
Financial income75/76B€399€0.1m▲
Recurring financial income75€399€0.1m▲
Non-recurring financial income76B€0-
Financial charges65/66B-€0.04m€0.04m▲
Recurring financial charges65-€0.04m€0.001m▲
Non-recurring financial charges66B€0€0.03m▲
Profit (loss) for the period before taxes9903€0.5m€0.5m▲
Income taxes67/77€0.1m€0.2m▲
Profit (loss) for the period9904€0.3m€0.3m▲
Profit (loss) for the period to be appropriated9905€0.3m€0.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€0.3m▲
Transfer from equity791/2€0.5m€0▼
Transfer to equity691/2€0.3m€0.3m▲
To other reserves6921€0.3m€0.3m▲
Profit to be distributed694/7€0.5m€0▼
Return on contributions (dividend)694€0.5m€0▼
Social balance
Average headcount (FTE)90874.52.3▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A---€30,000€0▼ 100%
Remuneration, social security and pensions62-€75,228€69,502€97,549€110,797▲ 13.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,856€11,401€13,901€41,331€42,352▲ 2.5%
Other operating charges640/8-€223€1,943€1,242€1,258▲ 1.3%
Non-recurring operating charges66A---€4,141€2,380▼ 42.5%
Gross operating margin9900€288,485€409,346€476,579€571,707€580,312▲ 1.5%
Operating profit (loss)9901€188,774€322,495€391,234€427,444€423,525▼ 0.9%
Financial income75/76B-€378€3,134€399€118,488▲ 29,631%
Recurring financial income75€8,347€378€223€399€118,488▲ 29,631%
Non-recurring financial income76B--€2,911€0--
Financial charges65/66B-€694€46,499-€43,221€36,004▲ 183%
Recurring financial charges65€417€694€867-€43,221€1,427▲ 103%
Non-recurring financial charges66B--€45,632€0€34,577-
Profit (loss) for the period before taxes9903€202,098€322,180€347,869€471,063€506,010▲ 7.4%
Income taxes67/77€60,089€97,968€111,910€135,316€160,126▲ 18.3%
Profit (loss) for the period9904€142,009€224,212€235,959€335,748€345,883▲ 3.0%
Profit (loss) for the period to be appropriated9905€154,735€224,212€235,959€335,748€345,883▲ 3.0%
Line20202021202220232024Change
Assets
Total assets20/58€1.1m€1.4m€1.6m€2.0m€1.8m▼ 9.2%
Fixed assets21/28€0.05m€0.05m€0.1m€0.2m€0.1m▼ 17.3%
Tangible fixed assets22/27€0.05m€0.05m€0.1m€0.2m€0.1m▼ 17.3%
Land and buildings22-€0.03m€0.03m€0.02m€0.02m▲ 11.4%
Plant, machinery and equipment23-€0.01m€0.1m€0.08m€0.07m▼ 19.6%
Furniture and vehicles24-€0.005m€0.004m€0.06m€0.04m▼ 25.5%
Other tangible fixed assets26--€0.005m€0.005m€0.005m=
Financial fixed assets28€115€115€115€115€115=
Current assets29/58€1.1m€1.3m€1.5m€1.8m€1.6m▼ 8.5%
Amounts receivable within one year40/41€0.04m€0.08m€0.1m€0€0.05m-
Trade receivables40-€0.03m€0.08m€0€350-
Other amounts receivable41-€0.05m€0.02m€0€0.04m-
Current investments50/53€0.6m€0.4m€0.4m€1.2m€1.4m▲ 16.1%
Cash at bank and in hand54/58€0.4m€0.8m€1.0m€0.6m€0.2m▼ 65.0%
Deferred charges and accrued income490/1-€0.004m€0.009m€0.006m€0.02m▲ 159%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.4m€1.6m€2.0m€1.8m▼ 9.2%
Equity10/15€1.1m€1.3m€1.5m€1.3m€1.7m▲ 25.7%
Contributions10/11-€0.02m€0.02m€0.02m€0.02m=
Reserves13€1.1m€1.3m€1.5m€1.3m€1.7m▲ 26.1%
Non-distributable reserves130/1-€0.02m----
Reserves not available under the articles1311-€0.02m----
Distributable reserves133-€1.3m€1.5m€1.3m€1.7m▲ 26.1%
Profit (loss) carried forward14---€0€0-
Amounts payable17/49€0.06m€0.09m€0.05m€0.6m€0.09m▼ 85.3%
Amounts payable within one year42/48€0.06m€0.09m€0.05m€0.6m€0.09m▼ 85.3%
Trade debts44€0.02m€0.05m€0.01m€0.009m€0.03m▲ 245%
Suppliers440/4-€0.05m€0.01m€0.009m€0.03m▲ 245%
Advances received on contracts in progress46---€0.002m€0▼ 100%
Taxes, remuneration and social security45-€0.04m€0.03m€0.07m€0.04m▼ 39.4%
Taxes450/3-€0.04m€0.02m€0.06m€0.04m▼ 37.0%
Remuneration and social security454/9-€0.003m€0.01m€0.01m€0.005m▼ 52.1%
Other amounts payable47/48-€0.003m€0.005m€0.5m€0.02m▼ 96.6%
Line20202021202220232024Change
Profit (loss) for the period9904€142,009€224,212€235,959€335,748€345,883▲ 3.0%
+ Depreciation and write-downs630€33,856€11,401€13,901€41,331€42,352▲ 2.5%
Operating cash flow (approximation)€175,865€235,612€249,860€377,079€388,235▲ 3.0%
Investment in fixed assets (approximation)--€10,467-€94,619-€76,909-€13,048▲ 83.0%
Change in cash-€440,986€149,487-€356,108-€396,171▼ 11.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Comparable companies5

Similar companies · same sector, comparable size

Of 6,943 companies in this sector we hold annual accounts for 4,297. 2,315 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Timeline

14 eventsLatest 15-06-2026Next filing 31-07-2027

History

On 22 February 2010, Dr. Cosyn was incorporated.1 Total assets went from €908,833 in 2018 to €1.8m in 2024 and headcount from 1.5 to 2.3 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €345,883 ▲3%
Net result €345,883, the highest in the series.
31-12
Financial Liquidity times 6current ratio 18.05
Current ratio from 2.90 to 18.05; short-term debt falls from €617,709 to €90,935.
25-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €1mEq €1.1m ▲15.2%
3 profitable years in a row build equity to €1.1m.
22-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €118,214 ▼13.3%
Net result drops to €118,214, the lowest in the series; recovery starts the following year.
26-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has 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.

Support & recognitions

1 funding sourceFlanders €11,2801 register with a recognitionLEI lapsed
Flemish government
€11,280
awarded · 2023 - 2025
LEI
not active
254900B8M0SNJCUZV966
Subsidies and aid1

Flemish government

2023 to 2025 · 3 entries · €11,280 awarded · €11,280 paid
Year Entries awardedpaid
2025 1 €0€0
2024 1 €6,050€6,050
2023 1 €5,230€5,230
Schemes
3 entries · €11,280 · €11,280 paid · Departement Werk en Sociale Economie
Recognitions · licences · registrations1

Legal Entity Identifier

254900B8M0SNJCUZV966
no longer live in the LEI register

Company details

Private limited company · founded 22-02-2010Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded22-02-2010
Fiscal year end31-12
Activities, NACEBEL 2025
86230Dental practice
86995Nutrition and dietetics services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0823310759
Also 9925:BE0823310759
Registered 20-12-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Zottegem · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
963 m²
Building footprint
212 m²
Volume, LiDAR
1,228 m³
Parcel 41013B0299/00S000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Astridstraat 81, 9620 Zottegem
Specialist medical practice
since 2010unit no. 2.186.118.296
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41013B0299/00S000 Flanders 963 m² 1 · 212 m² 7.8 m · 2 fl.
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.

Go further with this company

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.