KOSI
ActiveSummary
KOSI has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €330k and a net result of €-98k. Equity is shrinking by ~14.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 39% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-16
Solvency42▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.07 in 2024; short-term debt: 82.7% and cash: 1.2% of total assets), and 82.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-98k
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 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
7 d early
2023
68 d late
2022
29 d late
2021
2 d early
2020
2 d early
2019
21 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€77k▲ 9.1%
2020 · €70k
2020: €70k
2020 → 2024
EBIT margin
-54.1%▲ 62.7pp
2020 · -116.8%
2020: -116.8%
2020 → 2024
Net result
€-98k▼ 126%
2024 · €-43k
2018: €-130k
2019: €72k
2020: €-80k
2021: €-122k
2022: €440k
2023: €-4.38M
2024: €-43k
2018 → 2025
Working capital
€-1.54M▲ 11.4%
2024 · €-1.74M
2018: €1.62M
2019: €-1.64M
2020: €1.99M
2021: €1.80M
2022: €2.17M
2023: €-1.76M
2024: €-1.74M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€77k
Equity€4.41M-€4.85M▲ 10.0%€472k▼ 90.3%€428k▼ 9.2%€330k▼ 22.9%
Operating result€-93k-€394k€-482k€-42k▲ 91.4%€1k
Net result€-122k-€440k€-4.38M€-43k▲ 99.0%€-98k▼ 126%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1k after a loss of €42k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.91M
Fixed assets
€1.87M ▼ 13.6%
Current assets
€42k ▼ 70.0%
Equity and liabilities €1.91M
Equity
€330k ▼ 22.9%
Debt
€1.58M ▼ 15.7%
Debt's share of the balance-sheet total rises from 81.4% to 82.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€68k▲
2024 · €26k
Cash flow
€-31k▼
2024 · €24k
Current ratio
0.03▼
2024 · 0.07
Debt to equity
4.79▲
2024 · 4.38
ROE
-29.7%▼
2024 · -10.1%
ROA
-5.1%▼
2024 · -1.9%
Interest coverage
80.39▲
2024 · 12.20
Debt ≤ 1 year
€1.58M▼
2024 · €1.88M
Income taxes
€0▼
2024 · €24
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.31M€1.91M▼
Fixed assets21/28€2.17M€1.87M▼
Tangible fixed assets22/27€1.94M€1.87M▼
Land and buildings22€1.92M€1.87M▼
Plant, machinery and equipment23€542€0▼
Furniture and vehicles24€626€2k▲
Other tangible fixed assets26€11k€373▼
Financial fixed assets28€230k€0▼
Current assets29/58€139k€42k▼
Amounts receivable within one year40/41€125k€5k▼
Trade receivables40€4k€5k▲
Other amounts receivable41€121k€12▼
Cash at bank and in hand54/58€0€24k▲
Deferred charges and accrued income490/1€14k€13k▼
Equity and liabilities
Total equity and liabilities10/49€2.31M€1.91M▼
Equity10/15€428k€330k▼
Contributions10/11€400k€400k=
Reserves13€28k€0▼
Distributable reserves133€28k€0▼
Profit (loss) carried forward14-€-70k
Amounts payable17/49€1.88M€1.58M▼
Amounts payable within one year42/48€1.88M€1.58M▼
Financial debts43€19k€142▼
Credit institutions430/8€19k€142▼
Trade debts44€13k€1k▼
Suppliers440/4€13k€1k▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€1.84M€1.58M▼
Accrued charges and deferred income492/3€244€216▼
Income statement
Code20242025
Turnover70€77k-
Non-recurring operating income76A€0-
Goods, raw materials, services and sundry goods60/61€45k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€67k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€6k€4k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€32k€72k▲
Operating profit (loss)9901€-42k€1k▲
Financial income75/76B€380€34k▲
Recurring financial income75€380€34k▲
Non-recurring financial income76B€0-
Financial charges65/66B€2k€133k▲
Recurring financial charges65€2k€844▼
Non-recurring financial charges66B-€132k
Profit (loss) for the period before taxes9903€-43k€-98k▼
Income taxes67/77€24€0▼
Profit (loss) for the period9904€-43k€-98k▼
Profit (loss) for the period to be appropriated9905€-43k€-98k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€-98k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€43k€28k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €-4.38M ▼1095%
Net result drops to €-4.38M, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Back to profitnet €440k
Net result €440k after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 1.86
Current ratio from 0.72 to 1.86; short-term debt falls from €5.89M to €2.30M.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
2019
31-12
Financial
Back to profitnet €72k
Net result €72k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 25 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Krevelstraat 29000 GentGround area
433 m²
Building footprint
266 m²
Volume, LiDAR
3,991 m³
Parcel 44804D3316/00A003, Flanders · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Kosi
since 20072.158.790.725
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D3316/00A003 | Flanders | 433 m² | 1 · 266 m² | 17.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
QUARTIER DES JONCS
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INVENTO
BE 0453.671.176
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DECA ESTATE
BE 0799.388.678
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IMMO COX
BE 0474.226.664
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 5,006 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.