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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COSI COMMUNICATIONS from Kortenberg, company number BE0464182612, closed financial year 2025 with a result of € -7,840 after tax. For that financial year COSI COMMUNICATIONS recorded a gross margin of € -3,555 and equity of € -331,748. Compared with financial year 2024, the result moved from € -7,375 to € -7,840. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ -331,748
▼ € 7,840 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,840
▼ 6 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -393,248.
Debts at end 2025
€ 57,500
Loans from banks and other lenders, long and short.
€ 54
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,941 | € -4,897 | € -3,570 | € -3,555 | |
| Profit after taxes | € -6,730 | € -8,692 | € -7,375 | € -7,840 | ▼ € 464 |
| Equity | € -307,841 | € -316,533 | € -323,909 | € -331,748 | ▼ € 7,840 |
| Total debts | € 307,841 | € 316,533 | € 323,909 | € 331,748 | ▲ 2% |
| Retained profit | € -369,341 | € -378,033 | € -385,409 | € -393,248 | ▼ € 7,840 |
| Bank debt | € 57,545 | € 57,500 | € 57,500 | € 57,500 |
Key figures of COSI COMMUNICATIONS, 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 COSI COMMUNICATIONS?
What happened at COSI COMMUNICATIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sophie Bormans stepped down as director. NBB
- Jan-Bart Bormans stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 7,840. Source: NBB ↗
- Sophie Bormans became a director. NBB
- Jan-Bart Bormans became a director. NBB
- New establishment in Kortenberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,730 loss in 2022 to € 7,840 loss in 2025.
Management
The stake of BORMANS GLOBAL INVESTMENTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COSI COMMUNICATIONSThe shares are held by BORMANS GLOBAL INVESTMENTS (100%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vinkenlaan 41
3078 Kortenberg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.182.612
- VAT number
- BE 0464.182.612
- Registered office
- Vinkenlaan 41, 3078 Kortenberg
- Names & denominations
- COSI COMMUNICATIONS · COSI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 1998
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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