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KOSIMO

Active
Private limited companyfounded 1998active for 27 yearsGentsestraat(Kor) 12, 8500 Kortrijk, BelgiumKBO/BCE: BE 0464.475.491
Summary

KOSIMO has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €595,342 and a net result of €603. Equity remains stable across the filed financial years (±1.9% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€1.1mtotal assets 2025
Equity
€595,342
Profit
€603
Turnover not published (micro format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 23 days early0 of 4 deeds read
Why 92lowers riskSize: total assets €1.1mFigures for financial year 2025 (filed 08-07-2026)No main activity registeredEquity €595,342 (54.7% of total assets)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 39% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 80+1
equity 54.7% of total assets
Liquidity 41+5
short-term debt 43.5% · cash 9.9%
Profitability 48+17
return on assets 0.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025highest value 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.1%▼ -0.2 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.23, compared with 0.14 in 2024; short-term debt: 43.5% and cash: 9.9% of total assets), and 45.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 47% on solvency, 24% on liquidity, 35% on profitability and 48% on growth.

The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk○neutral
lowers risk · Size: total assets €1.1m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 08-07-2026)
NBB · annual accounts
lowers risk · No main activity registered
KBO
lowers risk · Equity €595,342 (54.7% of total assets)
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
36 days early
2023
62 days early
2022
55 days early
2021
61 days early
2020
65 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 48 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 6 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €603
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€595,342▲ 0.1%
2024 · €594,739
Total assets
€1.1m▼ 0.5%
2024 · €1.1m
Net result
€603
2024 · -€29,756
Working capital
-€365,543▲ 8.1%
2024 · -€397,779
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 203% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.02m 2025 Net result€0.001m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.008m-€0.01m▲ 20.6%€0.01m▼ 2.5%-€0.01m€0.006m€0.03m▲ 303%€0.007m▼ 74.4%€0.02m▲ 203%
Net result-€0.006m--€0.003m▲ 47.7%-€0.003m▼ 7.1%-€0.03m▼ 758%-€0.01m▲ 58.8%€0.001m-€0.03m€0.001m
Equity€0.7m-€0.7m▼ 0.5%€0.7m▼ 0.5%€0.6m▼ 4.3%€0.6m▼ 1.8%€0.6m▲ 0.1%€0.6m▼ 4.8%€0.6m▲ 0.1%
Total assets€1.1m-€1.0m▼ 3.8%€1.0m▼ 1.5%€1.1m▲ 10.2%€1.1m▼ 1.7%€1.1m▼ 0.1%€1.1m=€1.1m▼ 0.5%
Debt€0.4m-€0.4m▼ 9.5%€0.3m▼ 3.4%€0.5m▲ 37.8%€0.5m▼ 1.6%€0.5m▼ 0.5%€0.5m▲ 6.3%€0.5m▼ 1.2%
Working capital-€0.3m--€0.2m▲ 7.5%-€0.2m▲ 8.5%-€0.4m▼ 72.3%-€0.4m▲ 1.1%-€0.3m▲ 16.3%-€0.4m▼ 23.4%-€0.4m▲ 8.1%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €980,641 ▼ 4.7%
Current assets €107,792 ▲ 66.6%
Equity and liabilities €1.1m
Equity €595,342 ▲ 0.1%
Debt €493,091 ▼ 1.2%
Debt's share of the balance-sheet total falls from 45.6% to 45.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€68,772▲
2024 · €68,486
Cash flow
€49,085▲
2024 · €32,036
Current ratio
0.23▲
2024 · 0.14
Debt to equity
0.83▼
2024 · 0.84
ROE
0.1%▲
2024 · -5.0%
ROA
0.1%▲
2024 · -2.7%
Interest coverage
3.49▲
2024 · 1.88
Debt ≤ 1 year
€473,335▲
2024 · €462,486
Debt > 1 year
€100=
2024 · €100
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

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 497,472 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 14,766 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.1m▼
Fixed assets21/28€1.0m€1.0m▼
Tangible fixed assets22/27€1.0m€1.0m▼
Land and buildings22€1.0m€1.0m▼
Plant, machinery and equipment23€0.002m€0.002m▼
Current assets29/58€0.06m€0.1m▲
Amounts receivable within one year40/41€0.009m€0▼
Trade receivables40€0.009m€0▼
Cash at bank and in hand54/58€0.05m€0.1m▲
Deferred charges and accrued income490/1€0.001m€284▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m▼
Equity10/15€0.6m€0.6m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.6m€0.6m▲
Distributable reserves133€0.6m€0.6m▲
Amounts payable17/49€0.5m€0.5m▼
Amounts payable after more than one year17€100€100=
Other amounts payable178/9€100€100=
Amounts payable within one year42/48€0.5m€0.5m▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€0.009m€0▼
Suppliers440/4€0.009m€0▼
Other amounts payable47/48€0.5m€0.5m▲
Accrued charges and deferred income492/3€0.04m€0.02m▼
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.05m▼
Other operating charges640/8€0.008m€0.009m▲
Gross operating margin9900€0.08m€0.08m▲
Operating profit (loss)9901€0.007m€0.02m▲
Financial charges65/66B€0.04m€0.02m▼
Recurring financial charges65€0.04m€0.02m▼
Profit (loss) for the period before taxes9903-€0.03m€0.001m▲
Profit (loss) for the period9904-€0.03m€0.001m▲
Profit (loss) for the period to be appropriated9905-€0.03m€0.001m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.03m€0.001m▲
Transfer from equity791/2€0.03m€0▼
Transfer to equity691/2€0€0.001m▲
To other reserves6921€0€0.001m▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-----€13,299€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,529€43,639€43,639€64,666€50,371€50,393€61,792€48,483▼ 21.5%
Other operating charges640/8---€7,089€7,357€8,308€8,301€8,798▲ 6.0%
Gross operating margin9900€59,243€60,276€60,304€60,488€64,221€84,891€76,787€77,571▲ 1.0%
Operating profit (loss)9901€8,469€10,211€9,951-€11,267€6,493€26,189€6,694€20,290▲ 203%
Financial income75/76B---€0€0----
Recurring financial income75---€0€0----
Financial charges65/66B---€17,157€18,207€25,314€36,450€19,687▼ 46.0%
Recurring financial charges65€14,386€13,303€13,263€17,157€18,207€25,314€36,450€19,687▼ 46.0%
Profit (loss) for the period before taxes9903-€5,917-€3,092-€3,312-€28,424-€11,714€875-€29,756€603▲ 102%
Profit (loss) for the period9904-€5,917-€3,092-€3,312-€28,424-€11,714€875-€29,756€603▲ 102%
Profit (loss) for the period to be appropriated9905-€5,917-€3,092-€3,312-€28,424-€11,714€875-€29,756€603▲ 102%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.1m€1.0m€1.0m€1.1m€1.1m€1.1m€1.1m€1.1m▼ 0.5%
Fixed assets21/28€1.0m€1.0m€0.9m€1.1m€1.0m€1.0m€1.0m€1.0m▼ 4.7%
Tangible fixed assets22/27€1.0m€1.0m€0.9m€1.1m€1.0m€1.0m€1.0m€1.0m▼ 4.7%
Land and buildings22---€1.1m€1.0m€1.0m€1.0m€1.0m▼ 4.7%
Plant, machinery and equipment23------€0.002m€0.002m▼ 10.5%
Current assets29/58€0.03m€0.04m€0.06m€0.04m€0.06m€0.1m€0.06m€0.1m▲ 66.6%
Amounts receivable within one year40/41--€0.001m€0€0.005m€0€0.009m€0▼ 100%
Trade receivables40----€0.005m€0€0.009m€0▼ 100%
Other amounts receivable41---€0-----
Cash at bank and in hand54/58€0.03m€0.03m€0.06m€0.04m€0.06m€0.1m€0.05m€0.1m▲ 96.6%
Deferred charges and accrued income490/1---€0.001m€0.001m€0.001m€0.001m€284▼ 80.6%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.0m€1.0m€1.1m€1.1m€1.1m€1.1m€1.1m▼ 0.5%
Equity10/15€0.7m€0.7m€0.7m€0.6m€0.6m€0.6m€0.6m€0.6m▲ 0.1%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.7m€0.7m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m▲ 0.1%
Non-distributable reserves130/1---€0.007m€0.007m€0---
Reserves not available under the articles1311---€0.007m€0.007m€0---
Distributable reserves133---€0.6m€0.6m€0.6m€0.6m€0.6m▲ 0.1%
Profit (loss) carried forward14-€0.06m-€0.06m-€0.06m------
Amounts payable17/49€0.4m€0.4m€0.3m€0.5m€0.5m€0.5m€0.5m€0.5m▼ 1.2%
Amounts payable after more than one year17€0.09m€0.07m€0.05m€0.03m€0.005m€100€100€100=
Financial debts170/4---€0.03m€0.005m€0---
Other amounts payable178/9---€100€100€100€100€100=
Amounts payable within one year42/48€0.3m€0.3m€0.3m€0.4m€0.4m€0.4m€0.5m€0.5m▲ 2.3%
Current portion of amounts payable after more than one year42---€0.02m€0.02m€0.005m€0--
Trade debts44---€37€0.005m€0.003m€0.009m€0▼ 100%
Suppliers440/4---€37€0.005m€0.003m€0.009m€0▼ 100%
Taxes, remuneration and social security45---€0-----
Taxes450/3---€0-----
Other amounts payable47/48---€0.4m€0.4m€0.4m€0.5m€0.5m▲ 4.4%
Accrued charges and deferred income492/3---€0.02m€0.02m€0.02m€0.04m€0.02m▼ 46.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€5,917-€3,092-€3,312-€28,424-€11,714€875-€29,756€603▲ 102%
+ Depreciation and write-downs630€43,529€43,639€43,639€64,666€50,371€50,393€61,792€48,483▼ 21.5%
Operating cash flow (approximation)€37,612€40,547€40,327€36,242€38,657€51,268€32,036€49,085▲ 53.2%
Investment in fixed assets (approximation)-€0€0-€186,865-€10,744€8,701-€119,200€0▲ 100%
Change in cash-€2,642€27,110-€18,195€15,355€62,246-€66,193€52,817▲ 180%

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

Public contracts: not fully processed yet. The notices from April 2018 to September 2026 are still being read.

Directors

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 29 October 1998, KOSIMO was incorporated.1 Total assets went from €1.1m in 2018 to €1.1m in 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Back to profitnet €603
Net result €603 after one loss-making year.
25-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Weakest financial yearnet -€29,756
Net result drops to -€29,756, the lowest in the series; recovery starts the following year.
30-05
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Back to profitnet €875
Net result €875 after 5 loss-making years.
06-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-05
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
27-05
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
26-06
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
14-06
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
07-06
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
08-06
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 27 annual accounts filed, the latest 10 are here; all are under Financials.
0 of 4 deeds read
About the unread acts

We know of 4 Belgian Official 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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Register details

Identification
Legal formPrivate limited company
Founded29-10-1998
Financial year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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

Register as of 10 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 1998
registered office establishment The establishment unit on the map
Ground area
370 m²
Building footprint
183 m²
Building volume
1,930 m³
Parcel 34353H0728/00X002, Flanders · tallest building 14.2 m. Linked by address, not a title deed.
1 establishment unit
Gentsestraat(Kor) 12, 8500 Kortrijk
NACE-BEL 2003 6523
since 1998unit no. 2.089.201.737
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34353H0728/00X002 Flanders 370 m² 1 · 183 m² 14.2 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.