Financials
Financial year 2025
Cosign from Diest, company number BE0448977366, closed financial year 2025 with a result of € 19,551 after tax. For that financial year Cosign recorded a gross margin of € 716,947 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 103,357 to € 19,551. The company is profitable. 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 September 7, 2026.
€ 2.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,551
▼ 81% vs 2024
Profit after tax over the fiscal year.
€ 352,138
▼ 24% 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 € 2.5 million.
People and assets in 2025
8.3
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 507,866
▲ 27% vs 2024
€ 61,200 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.
€ 15,246
▼ 45% vs 2024
Of which on lease € 14,492.
Debts at end 2025
€ 2.2 million
▼ 3% vs 2024
€ 128,322 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 158,334
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110,973
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 734,524 | € 766,012 | € 655,448 | € 716,947 | ▲ 9% |
| Profit after taxes | € 129,979 | € 173,526 | € 103,357 | € 19,551 | ▼ 81% |
| Equity | € 3,006,163 | € 3,029,689 | € 2,532,526 | € 2,552,077 | ▲ 1% |
| Total debts | € 2,427,301 | € 2,826,950 | € 2,612,547 | € 2,572,611 | ▼ 2% |
| Cash | € 675,823 | € 727,040 | € 460,967 | € 352,138 | ▼ 24% |
| Land & buildings | € 384,966 | € 357,006 | € 370,755 | € 348,360 | ▼ 6% |
| Retained profit | € 2,944,189 | € 2,967,716 | € 2,470,553 | € 2,490,104 | ▲ 1% |
| Dividend | € 100,000 | € 150,000 | € 600,520 | € 0 | ▼ 100% |
| Bank debt | € 2,055,911 | € 2,332,951 | € 2,225,330 | € 2,155,906 | ▼ 3% |
| Balance sheet total | € 5,433,463 | € 5,856,639 | € 5,145,073 | € 5,124,688 | |
| Employees (FTE) | 6.2 | 6.2 | 7.2 | 8.3 | ▲ 1.1 |
Key figures of Cosign, 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 Cosign?
What happened at Cosign in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Peter Croonen BV stepped down as director. NBB
- MCH BV stepped down as director. NBB
- Cosign Holding NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 19,551 (▼ 81% vs 2024). filed late Source: NBB ↗
- Peter Croonen BV became a director. NBB
- MCH BV became a director. NBB
- Cosign Holding NV became a director. NBB
- New establishment in Diest. KBO
In short
From € 129,979 profit in 2022 to € 19,551 profit in 2025.
Paid € 21,086 in corporate taxes since 2022.
Best year ever: 2023, with € 173,526 profit.
On average € 86,400 of value added per employee in 2025.
Management
The stake of COSIGN HOLDING, Z.I.M. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CosignThe shares are held by COSIGN HOLDING (58%) and Z.I.M. (41.2%).
Directors
According to the 2025 annual accounts
Director · represented by Peter Croonen
Also active at: ANTENOR PAYMENT SYSTEMS, BIO - RACER, TRACS IMMO, Z.I.M., Tracs Systems, D-STUDIO SERVICES, Café Coureur, Lucoled +10 more
since 2023 · until 2029
Director · represented by Michel Croonen
Also active at: BIO-RACING HOLDING, BIO - RACER, V.T.S. INVESTMENT, Z.I.M., DigiNet, RAAMPROF, ASGARD VASTGOED, CULLERA +21 more
since 2023 · until 2029
Managing director · represented by Bert Fransens
since 2023 · until 2029
Shareholders
58%
41.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriepark 32B
3290 Diest
Venusstraat 5
3290 Diest
Active since 5 November 1996
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.977.366
- VAT number
- BE 0448.977.366
- Registered office
- Industriepark 32B, 3290 Diest
- Names & denominations
- Cosign
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 1992
- Peppol
- Active · Active since 3 Jan 2026
- Activities · NACE
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