Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
33 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
C.S.O. from Ukkel, company number BE0425542067, closed financial year 2025 with a result of € 125,171 after tax. For that financial year C.S.O. recorded a gross margin of € 220,369 and equity of € 428,302. Compared with financial year 2024, the result moved from € -59,138 to € 125,171. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 428,302
▲ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 125,171
▲ still € 59,138 loss in 2024
Profit after tax over the fiscal year.
€ 4,707
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 184,660.
Debts at end 2025
€ 566,057
▲ 77% vs 2024
€ 57,262 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 3,597
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,897
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 405 | € 1,223 | € 35,322 | € 220,369 | ▲ € 185,047 |
| Profit after taxes | € 9,598 | € -7,361 | € -59,138 | € 125,171 | ▲ € 184,309 |
| Equity | € 360,032 | € 362,269 | € 303,131 | € 428,302 | ▲ 41% |
| Total debts | € 20,964 | € 1,750 | € 412,466 | € 791,011 | ▲ 92% |
| Cash | € 44,717 | € 11,369 | € 9,170 | € 4,707 | ▼ 49% |
| Land & buildings | € 221,754 | € 221,754 | € 473,036 | € 1,031,899 | ▲ 118% |
| Retained profit | € 116,390 | € 118,627 | € 59,489 | € 184,660 | ▲ 210% |
| Bank debt | € 0 | € 141 | € 319,972 | € 566,057 | ▲ 77% |
| Balance sheet total | € 380,996 | € 364,019 | € 715,597 | € 1,219,313 | ▲ 70% |
Key figures of C.S.O., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to C.S.O.?
What happened at C.S.O. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 125,171. Source: NBB ↗
- IMMOBILIÈRE G.A.P.P. SA stepped down as director. NBB
- Gary Philips became a director. NBB
- Anthony Philips became a director. NBB
- IMMOBILIÈRE G.A.P.P. SA became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,598 profit in 2022 to € 125,171 profit in 2025.
Paid € 3,260 in corporate taxes since 2022.
Best year ever: 2025, with € 125,171 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind C.S.O. are Gary Philips and Anthony Philips. It owns 18.6% of OLAP itself.
Directors
According to the 2025 annual accounts
since 2024
Anthony Philips
Director
Also active at: BUSINESS EXPANSION, IMMOBILIERE G.A.P.P., ORTHODONTIC LAND A. PHILIPS
since 2023
Director · represented by Amir Philips
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Winston Churchilllaan 92
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 33 companies are registered at this address.
All companies at this address →Education Nouvelle
FRANKRIJK INVEST
€ 35,000 revenue · 2025
ORTHODONTIC LAND A. PHILIPS same network
€ 1 million gross margin · 2025
SOCIETE DE COOPERATION FRANCO-BELGE
€ -22,780 gross margin · 2025
STREETSMART INTERNATIONAL
+28 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.542.067
- VAT number
- BE 0425.542.067
- Registered office
- Winston Churchilllaan 92, 1180 Ukkel
- Names & denominations
- C.S.O.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1983
- Peppol
- Active · Active since 16 Jul 2026