COSURE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €217k and a net result of €358k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 23% of 2377 sector peers (fiscal year 2025). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 2377 sector peers (2025).
NBB · sector comparisonPosition among 2377 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
29 d late
2023
22 d late
2022
25 d late
2021
31 d late
2020
27 d late
2019
28 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€217k▲ 0.1%
2024 · €217k
2018: €105k
2019: €130k
2020: €138k
2021: €205k
2022: €216k
2023: €217k
2024: €217k
2018 → 2025
Net result
€358k▲ 45.3%
2024 · €246k
2018: €76k
2019: €150k
2020: €58k
2021: €311k
2022: €124k
2023: €189k
2024: €246k
2018 → 2025
Total assets
€761k▼ 5.9%
2024 · €809k
2018: €612k
2019: €649k
2020: €634k
2021: €845k
2022: €667k
2023: €675k
2024: €809k
2018 → 2025
Solvency
28.5%▲ 1.7pp
2024 · 26.8%
2018: 17.1%
2019: 20.0%
2020: 21.7%
2021: 24.2%
2022: 32.4%
2023: 32.1%
2024: 26.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€205k-€216k▲ 5.5%€217k▲ 0.3%€217k▲ 0.2%€217k▲ 0.1%
Operating result€388k-€160k▼ 58.8%€233k▲ 45.4%€299k▲ 28.7%€424k▲ 41.6%
Net result€311k-€124k▼ 60.0%€189k▲ 51.8%€246k▲ 30.5%€358k▲ 45.3%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 42% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €761k
Fixed assets
€181k▼ 17.7%
Current assets
€580k▼ 1.5%
Equity and liabilities €761k
Equity
€217k▲ 0.1%
Debt
€544k▼ 8.1%
The debt ratio falls from 73.2% to 71.5%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
28.5%▲
2024 · 26.8%
ROE
164.6%▲
2024 · 113.3%
ROA
47.0%▲
2024 · 30.4%
Debt
€544k▼
2024 · €592k
Debt ≤ 1 year
€543k▼
2024 · €549k
Income taxes
€63k▲
2024 · €48k
Staff costs
€106k▼
2024 · €109k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€809k€761k▼
Fixed assets21/28€220k€181k▼
Tangible fixed assets22/27€220k€181k▼
Land and buildings22€211k€176k▼
Furniture and vehicles24€9k€5k▼
Financial fixed assets28€47€47=
Current assets29/58€589k€580k▼
Amounts receivable within one year40/41€110k€109k▼
Other amounts receivable41€110k€109k▼
Current investments50/53-€200k
Cash at bank and in hand54/58€478k€272k▼
Deferred charges and accrued income490/1€37-
Equity and liabilities
Total equity and liabilities10/49€809k€761k▼
Equity10/15€217k€217k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€32k€32k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€123k€123k▲
Amounts payable17/49€592k€544k▼
Amounts payable after more than one year17€42k-
Financial debts170/4€42k-
Amounts payable within one year42/48€549k€543k▼
Current portion of amounts payable after more than one year42€54k€42k▼
Trade debts44€213k€86k▼
Suppliers440/4€213k€86k▼
Taxes, remuneration and social security45€29k€50k▲
Taxes450/3€9k€30k▲
Remuneration and social security454/9€19k€20k▲
Other amounts payable47/48€254k€365k▲
Accrued charges and deferred income492/3€588€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€109k€106k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€39k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€452k€571k▲
Operating profit (loss)9901€299k€424k▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€294k€421k▲
Income taxes67/77€48k€63k▲
Profit (loss) for the period9904€246k€358k▲
Profit (loss) for the period to be appropriated9905€246k€358k▲
Appropriation of the result
Profit (loss) to be appropriated9906€369k€480k▲
Profit (loss) brought forward from the previous period14P€122k€123k▲
Profit to be distributed694/7€246k€357k▲
Return on contributions (dividend)694€107k€154k▲
Directors or managers695€139k€203k▲
Social balance
Average headcount (FTE)90871.51.5=
The notes to these accounts (8 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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 10 days late
2025
31-12
Financial
Highest result since 2018net €358k ▲45.3%
Operating result €424k, net result €358k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Equity above €200kEq €205k ▲48.9%
4 profitable years in a row build equity to €205k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €58k ▼61.3%
Net result drops to €58k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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 1999
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.
Kortrijksesteenweg 11779051 GentGround area
2,317 m²
Building footprint
565 m²
Volume, LiDAR
4,344 m³
2 parcels, Flanders · tallest building 14.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kortrijksesteenweg 1157, 9051 Gent
since 19992.099.201.150
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062C0161/00M000 | Flanders | 1,482 m² | 1 · 169 m² | 14.7 m · 3 fl. |
| 44062B0104/00D002 | Flanders | 834 m² | 1 · 395 m² | 11.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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BE 0800.485.669
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H.HOLDING
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De Kort Projects
BE 0777.413.824
Geel · Eq €217k
VALUE
BE 0871.537.476
Hasselt · Eq €217k
BVL Technics
BE 0795.168.386
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 13,541 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-06-1999
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
66220Insurance agents and brokers
67201
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.