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KOSA

Active
Private limited companyfounded 2015active for 10 yearsRijstraat(Den) 79, 9400 Ninove, BelgiumKBO/BCE: BE 0644.453.944
Summary

KOSA has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179,817 and a net result of €35,582. Equity has been growing by about 44% per year since 2018. Its solvency ranks better than 40% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 11-12-2015 Normal situation
Activity
General electrical installation work NACE 43211and 3 others
Joint committee
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 2025
Establishment unit
2.249.063.873 9400 Ninove, since 11-12-2015
Financial year end
31 December
Peppol
Reachable since 24-04-2024

Board and ownership

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€196,963
▲ 96.7%
Turnover
≈ €590,000
estimated
Profit
€35,582
▼ 28.2%
Equity
€179,817
▲ 18.9%
Total assets
€472,302
▲ 28.9%
Employees on 31-12-2025
2
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €472,302Liquidity: current ratio 1.85, cash €71,870Figures for financial year 2025 (filed on 30-07-2026)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 50% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 63-3
equity 38.1% of total assets
Liquidity 46+2
short-term debt 46.1% · cash 15.2%
Profitability 78-8
return on assets 7.5%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 1.2%highest value 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.1%▼ -0.1 percentage points vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 0.5%▼ -0.6 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.4%▼ -0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.85 (1.61 in 2024), above the usual 1.5. Short-term debt is 46.1% and cash 15.2% of total assets. However, 61.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 41% of them on solvency, 37% on liquidity, 56% on profitability and 66% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €472,302
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.85, cash €71,870
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-07-2026)
NBB · annual accounts
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
23 days early
2023
27 days early
2022
156 days late
2021
78 days late
2020
111 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 59 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (4 of the last 5 accounts filed within 79 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 81% of companies in specialised constructionsector median €57,775 · 34,958 companies €179,817 View
  • Positive: 6 profitable years in a rowprofit 2025: €35,582 6 years View

Recent changes

  1. · Gazette deed Change of role: DE DYCKER Koen Bert Andrew, from manager to directorPermanent representative: DE DYCKER Koen Bert Andrew
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as KOSA: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €401,000 and €524,000, founded between 2014 and 2016.

CompanyTotal assetsGross margin
KOSA Ninove€472,302€196,963
SDS.co Lebbeke€524,009€218,708
VETIKA Sint-Lievens-Houtem€400,786€199,132
ESL-Projects Veurne€478,094€192,008
Fused Bekkevoort€477,373€175,209
LUDO-ELEC Andenne€436,556€191,784
ES KNOKKE Knokke-Heist€467,426€169,582
Full comparison

Key facts about KOSA

What is the company number of KOSA?
The company number of KOSA is 0644.453.944. The VAT number is the same number with BE in front: BE 0644.453.944.
Where is KOSA based?
The registered office is at Rijstraat(Den) 79, 9400 Ninove.Company details
What does KOSA do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of KOSA?
The legal form of KOSA is Private limited company (BV).
When was KOSA founded?
KOSA was founded on 11-12-2015.
Is KOSA still active?
Yes, KOSA is an active enterprise in the KBO register.
How many employees does KOSA have?
KOSA had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does KOSA fall under?
In its 2025 annual accounts, KOSA states joint committee 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie).
What is the turnover of KOSA?
The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €196,963 and 38 comparable companies (NACE 43211). It probably lies between €390,000 and €720,000.
Is KOSA profitable?
In financial year 2025, KOSA made a profit of €35,582.
Where can I find the annual accounts of KOSA?
KOSA filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KOSA due?
KOSA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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