COSIMO
ActiveSummary
COSIMO has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.17M and a net result of €1.15M. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 4.6 against 6.53 in 2024; short-term debt: 21.7% and cash: 0.2% of total assets), and 21.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.3%
Return on assets
41.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.17M
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
37 d early
2023
69 d early
2022
69 d early
2021
9 d late
2020
39 d early
2019
135 d early
← 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.15M▲ 153%
2024 · €456k
2018: €-680k
2019: €-75k
2020: €-55k
2021: €-81k
2022: €-9k
2023: €914k
2024: €456k
2018 → 2025
Working capital
€2.17M▲ 114%
2024 · €1.01M
2018: €101k
2019: €79k
2020: €75k
2021: €36k
2022: €-359k
2023: €556k
2024: €1.01M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-350k-€-359k▼ 2.4%€556k€1.01M▲ 82.1%€2.17M▲ 114%
Operating result€-62k-€-3k▲ 95.5%€1.01M€595k▼ 41.2%€1.50M▲ 152%
Net result€-81k-€-9k▲ 89.5%€914k€456k▼ 50.1%€1.15M▲ 153%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 152% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €2.77M
Equity
€2.17M ▲ 114%
Debt
€602k ▲ 229%
Debt's share of the balance-sheet total rises from 15.3% to 21.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
4.60▼
2024 · 6.53
Quick ratio
4.22▲
2024 · 3.96
Debt to equity
0.28▲
2024 · 0.18
ROE
53.3%▲
2024 · 45.1%
ROA
41.7%▲
2024 · 38.2%
Debt ≤ 1 year
€602k▲
2024 · €183k
Income taxes
€439k▲
2024 · €152k
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.20M€2.77M▲
Current assets29/58€1.20M€2.77M▲
Stocks and contracts in progress3€470k€230k▼
Stocks30/36€470k€230k▼
Amounts receivable within one year40/41€426k€2.53M▲
Trade receivables40€137k€0▼
Other amounts receivable41€289k€2.53M▲
Cash at bank and in hand54/58€299k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.20M€2.77M▲
Equity10/15€1.01M€2.17M▲
Contributions10/11€76k€76k=
Capital10€76k€76k=
Issued capital100€76k€76k=
Reserves13€8k€8k=
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Profit (loss) carried forward14€928k€2.08M▲
Amounts payable17/49€183k€602k▲
Amounts payable within one year42/48€183k€602k▲
Trade debts44€5k€11k▲
Suppliers440/4€5k€11k▲
Taxes, remuneration and social security45€178k€591k▲
Taxes450/3€178k€591k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Other operating charges640/8€0-
Gross operating margin9900€595k€1.50M▲
Operating profit (loss)9901€595k€1.50M▲
Financial income75/76B€14k€93k▲
Recurring financial income75€14k€93k▲
Financial charges65/66B€432€163▼
Recurring financial charges65€432€163▼
Profit (loss) for the period before taxes9903€608k€1.59M▲
Income taxes67/77€152k€439k▲
Profit (loss) for the period9904€456k€1.15M▲
Profit (loss) for the period to be appropriated9905€456k€1.15M▲
Appropriation of the result
Profit (loss) to be appropriated9906€928k€2.08M▲
Profit (loss) brought forward from the previous period14P€472k€928k▲
Social balance
Average headcount (FTE)90870.00.0=
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
State Gazette act
Resignation: Adel Yahia Consult SRL (director)Appointment: AG Investment Management SRL (director) · Permanent representatives: Alfred Galle, Frederic Poesen and Jonas Nachtergaele · Mandate compensation8 facts ▸
State Gazette act
Resignation: Adel Yahia Consult SRL (director)
Appointment: AG Investment Management SRL (director) · Permanent representatives: Alfred Galle, Frederic Poesen and Jonas Nachtergaele · Mandate compensation8 facts ▸
- General meeting, 24-06-2026
- Director resignation, Adel Yahia Consult SRL (director)
- Director appointment, AG Investment Management SRL (director)
- Permanent representative, Alfred Galle
- Mandate compensation, AG Investment Management SRL
- Mandate term, jusqu'à l'assemblée générale ordinaire de 2030
- Permanent representative, Frederic Poesen
- Permanent representative, Jonas Nachtergaele
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €1.15M ▲153%
Operating result €1.50M, net result €1.15M, both a record.
31-12
Financial
Equity above €2MEq €2.17M ▲114%
3 profitable years in a row build equity to €2.17M.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity doublescurrent ratio 6.53
Current ratio from 3.15 to 6.53; short-term debt falls from €258k to €183k.
31-12
Financial
Equity above €1MEq €1.01M ▲82.1%
2 profitable years in a row build equity to €1.01M.
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €914k
Net result €914k after 5 loss-making years.
31-12
Financial
Liquidity times 5current ratio 3.15
Current ratio from 0.67 to 3.15; short-term debt falls from €1.07M to €258k.
31-12
Financial
Equity above €500kEq €556k
Equity rises from €-359k to €556k.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Show earlier events
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 9 days late
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity times 52current ratio 61.22
Current ratio from 1.19 to 61.22; short-term debt falls from €420k to €1k.
18-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 25 days late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
AG Investment Management
CurrentDirector · since 01-07-2026 · Private limited company · perm. rep.: Alfred Galle
01-07-2026
AG Investment Management: Appointed as Director
01-07-2026
ADEL YAHIA CONSULT: Resigned as Director
Location & real-estate footprint
Registered office, Brussel
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.
Anspachlaan 11000 BrusselGround area
6,482 m²
Building footprint
4,827 m²
Volume, LiDAR
188,668 m³
Parcel 21812N1468/00B000, Brussels · tallest building 74.9 m, ±8 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1468/00B000 | Brussels | 6,482 m² | 1 · 4,827 m² | 74.9 m · 8 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.
Structure & network
Connections & network
10 connected companiesLinked via shared directors
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Show 6 more companies with a shared director
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-10-1984
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.