Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2022.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
COSMO from Dendermonde, company number BE0448313610, closed financial year 2025 with a result of € 287,502 after tax. For that financial year COSMO recorded a gross margin of € 3.4 million and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 113,503 to € 287,502. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 3.3 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 287,502
▲ 153% vs 2024
Profit after tax over the fiscal year.
€ 512,021
▲ 184% 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 € 3.3 million.
People and assets in 2025
34.1
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
€ 64,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 847,608
▼ 23% vs 2024
Of which on lease € 795,016.
Debts at end 2025
€ 4.5 million
▼ 10% vs 2024
€ 849,606 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.7 million
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,369
▼ 79% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,179,346 | € 3,134,090 | € 3,147,895 | € 3,391,270 | ▲ 8% |
| Profit after taxes | € 286,522 | € 321,222 | € 113,503 | € 287,502 | ▲ 153% |
| Equity | € 2,614,276 | € 2,935,498 | € 3,049,001 | € 3,336,503 | ▲ 9% |
| Total debts | € 6,232,644 | € 6,063,056 | € 6,429,818 | € 6,285,162 | ▼ 2% |
| Cash | € 263,118 | € 443,321 | € 180,577 | € 512,021 | ▲ 184% |
| Land & buildings | € 1,028,241 | € 858,777 | € 729,264 | € 621,644 | ▼ 15% |
| Retained profit | € 2,552,276 | € 2,873,498 | € 2,987,001 | € 3,274,503 | ▲ 10% |
| Bank debt | € 5,016,856 | € 4,819,818 | € 5,034,912 | € 4,534,708 | ▼ 10% |
| Balance sheet total | € 8,846,921 | € 8,998,554 | € 9,478,819 | € 9,621,666 | ▲ 2% |
| Employees (FTE) | - | - | 35.6 | 34.1 | ▼ 1.5 |
Key figures of COSMO, 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 COSMO?
What happened at COSMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 287,502 (▲ 153% vs 2024). Source: NBB ↗
- Dany Dewaelhens became a director. NBB
- M.D.V. BV became a director. NBB
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 286,522 profit in 2022 to € 287,502 profit in 2025.
Paid € 225,295 in corporate taxes since 2022.
Best year ever: 2023, with € 321,222 profit.
On average € 99,500 of value added per employee in 2025.
Management
The stake of M.D.V. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COSMOBehind COSMO are Dany Dewaelhens and M.D.V. BV. The shares are held by M.D.V. (100%). It owns 100% of Lievens Industrial Technics and 100% of Grovam itself.
Directors
According to the 2025 annual accounts
since 2024
Director · represented by Mathieu Dewaelhens
Also active at: DE REIGER, GROVAM, Lievens Industrial Technics, EMVI-Invest, JVL-Projects
since 2024
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Fabriekstraat (BAA) 47
9200 Dendermonde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →WIEMEERSCH - STEYAERT - DE DONDER
Digitwise Group
€ 184,483 gross margin · 2025
Lievens Industrial Technics same network
€ 368,404 gross margin · 2025
EMVI-Invest same network
€ 102,934 gross margin · 2025
Paywize
€ 5,192 gross margin · 2025
+5 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
- 0448.313.610
- VAT number
- BE 0448.313.610
- Registered office
- Fabriekstraat (BAA) 47, 9200 Dendermonde
- Names & denominations
- COSMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 1992
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Slopen
Slopen van gebouwen
Grondverzet
Bouwrijp maken van terreinen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Terugwinning van materialen uit afval
Behandeling en verwijdering van ongevaarlijk afval, m.u.v. slib en vloeibare afvalstoffen