Financials
Financial year 2025
COSYS from Merelbeke-Melle, company number BE0448001923, closed financial year 2025 with a result of € 77,375 after tax. For that financial year COSYS recorded a gross margin of € 128,625 and equity of € 211,888. Compared with financial year 2024, the result moved from € 34,238 to € 77,375. 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 February 3, 2026.
€ 211,888
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 77,375
▲ 126% vs 2024
Profit after tax over the fiscal year.
€ 15,754
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 36,500 paid out
47 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 68,967
▲ 217% vs 2024
Of which on lease € 49,758.
Debts at end 2025
€ 208,458
▲ 3% vs 2024
€ 53,506 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 12,165
▲ 134% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,418
▲ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 52,750 | € 30,827 | € 69,682 | € 128,625 | ▲ 85% |
| Profit after taxes | € 23,451 | € 6,770 | € 34,238 | € 77,375 | ▲ 126% |
| Equity | € 130,005 | € 136,775 | € 171,013 | € 211,888 | ▲ 24% |
| Total debts | € 323,702 | € 282,031 | € 236,051 | € 251,041 | ▲ 6% |
| Cash | € 8,587 | € 14,189 | € 23,292 | € 15,754 | ▼ 32% |
| Land & buildings | € 339,287 | € 333,523 | € 325,980 | € 318,437 | ▼ 2% |
| Retained profit | € 123,795 | € 130,565 | € 164,803 | € 205,678 | ▲ 25% |
| Dividend | € 0 | € 0 | € 0 | € 36,500 | |
| Bank debt | € 283,488 | € 242,837 | € 201,755 | € 208,458 | ▲ 3% |
| Balance sheet total | € 453,708 | € 418,806 | € 407,064 | € 462,929 | ▲ 14% |
Key figures of COSYS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to COSYS?
What happened at COSYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 77,375 (▲ 126% vs 2024). filed late Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,451 profit in 2022 to € 77,375 profit in 2025.
Paid € 59,683 in corporate taxes since 2022.
Best year ever: 2025, with € 77,375 profit.
Paid out € 36,500 in dividends to the owners in total.
Management
Behind COSYS is Wim Van Heesvelde. Wim Van Heesvelde is also behind GAC Business Solutions.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Gontrode Heirweg 160
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.001.923
- VAT number
- BE 0448.001.923
- Registered office
- Gontrode Heirweg 160, 9820 Merelbeke-Melle
- Names & denominations
- COSYS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 August 1992
- Peppol
- Active · Active since 7 Oct 2026
- Activities · NACE
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