Equity
-€779
Debts exceed assets in financial year 2025.
KOSANO
Lifetime
2 annual accounts with figures on one time axispeak €109,364 (2025)
€109,364▲ 15.0%
lowest -€18,243 (2024)
€16,465▲ €34,708
peak -€779 (2025)
-€779▲ €16,465
€71,358▼ 17.0%
Board1 name since 2023
1 directorSMLATIC Nihada
Documentsfilings and deeds
04-07-202627 days before the deadline
2025micro format
Gross margin from €95,059 to €109,364Back to profit: €16,465Equity from -€17,243 to -€779Debts from €85,922 to €71,358Cash from €12,886 to €17,634
Key points
from the 2025 annual accountsChecked score
56
Fair
Financially stronger than 59% of micro companies in personal services (NACE 96)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 1.6%
02-2025: 1.6%● unchanged vs 01-2025
03-2025: 1.7%▲ +0.1 percentage points vs 02-2025
04-2025: 2.0%▲ +0.3 percentage points vs 03-2025
05-2025: 2.1%▲ +0.1 percentage points vs 04-2025
06-2025: 2.4%▲ +0.3 percentage points vs 05-2025highest value
07-2025: 2.4%● unchanged vs 06-2025highest value
08-2025: 2.1%▼ -0.3 percentage points vs 07-2025
09-2025: 2.1%● unchanged vs 08-2025
10-2025: 2.1%● unchanged vs 09-2025
11-2025: 2.1%● unchanged vs 10-2025
12-2025: 2.2%▲ +0.1 percentage points vs 11-2025
01-2026: 2.2%● unchanged vs 12-2025
02-2026: 2.2%● unchanged vs 01-2026
03-2026: 2.1%▼ -0.1 percentage points vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.2%▲ +0.1 percentage points vs 04-2026
06-2026: 2.2%● unchanged vs 05-2026
07-2026: 2.2%● unchanged vs 06-2026
08-2026: 1.3%▼ -0.9 percentage points vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026lowest value
10-2026: 1.3%● unchanged vs 09-2026lowest value
11-2026: 1.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Founded in 2023
Negative equity -€779
lowers risk
Liquidity: current ratio 0.55, cash €17,634
Figures for financial year 2025 (filed on 04-07-2026)
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 96, micro). It does better than 29% of them on solvency, 32% on liquidity, 84% on profitability and 90% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,017 companies had the same profile as KOSANO has now. Each dot stands for 3 companies, two years later.
89.2%
were still trading
4.0%
stopped another way
6.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KOSANO itself is lower: 1.3% within 12 months. It rests on far more data about KOSANO than the profile alone.
Test of the method
The method was tested on the 497,448 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,017 companies, not a prediction for KOSANO. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.55 (0.36 in 2024), below 1. Short-term debt is 75.8% and cash 25% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 04-07-2026, 27 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
27 days early
2024
19 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 23 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% 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.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1004044129
Incorporation
Founding capital of €1,000, 100 shares · Founder: SMLATIC Nihada (shareholder) · Appointment: SMLATIC Nihada (director) · published on 03-01-2024 · Gazette deed
First establishment
KOSANO BV, Hanswijkstraat 13, Mechelen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KOSANO Mechelen | €70,580 | €109,364 | -1.1% | - |
| OZAK Lievegem | €77,351 | €109,345 | 18.5% | - |
| Hair I Come by Jodie Tielt | €65,713 | €102,351 | 33.2% | - |
| HEUPCO Mons | €67,784 | €103,131 | -73.4% | - |
| GS STUDIO Zaventem | €69,369 | €82,234 | 62.0% | - |
| Hers and His Haircreations Ranst | €88,648 | €123,396 | 36.4% | - |
| EVG Mol | €97,536 | €118,340 | 76.1% | - |
These companies have the same main activity as KOSANO: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €65,700 and €97,500, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 29-12-2023Normal situation
- Activity
- Hairdressing and barber servicesNACE 96210
- Joint committee
- 314Hairdressing and beauty care · annual accounts 2025
- Establishment unit
- 2.373.400.6512800 Mechelen, since 29-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 14-02-2025
Annual accounts 2025
- €70,580▲ 2.8%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 04-07-2026, 27 days before the end of the filing period
Insights on KOSANO
KOSANO has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€779) and a net result of €16,465.
Its solvency ranks better than 29% of 5,754 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
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 KOSANO
- What is the company number of KOSANO?
- The company number of KOSANO is 1004.044.129. The VAT number is the same number with BE in front: BE 1004.044.129.
- Where is KOSANO based?
- The registered office is at Hanswijkstraat 13, 2800 Mechelen.Company details
- What does KOSANO do?
- According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
- What is the legal form of KOSANO?
- KOSANO is a private limited company (BV).
- When was KOSANO founded?
- KOSANO was founded on 29-12-2023.
- Is KOSANO still active?
- Yes, KOSANO is an active enterprise in the KBO register.
- How many employees does KOSANO have?
- KOSANO had an average of 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KOSANO fall under?
- In its 2025 annual accounts, KOSANO states joint committee 314 (Hairdressing and beauty care).
- What is the turnover of KOSANO?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €109,364 and 38 comparable companies (NACE 96). It probably lies between €140,000 and €220,000.
- Is KOSANO profitable?
- In financial year 2025, KOSANO made a profit of €16,465.
- Where can I find the annual accounts of KOSANO?
- KOSANO filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KOSANO due?
- KOSANO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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