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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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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
COSEP from Mont-Saint-Guibert, company number BE0464823505, closed financial year 2025 with a result of € 469,714 after tax. For that financial year COSEP recorded a gross margin of € 3 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 390,017 to € 469,714. 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 June 30, 2026.
€ 1.5 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 469,714
▲ 20% vs 2024
Profit after tax over the fiscal year.
€ 513,051
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
53 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
23.3
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 7% vs 2024
€ 96,800 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.
€ 109,839
▲ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 40,606
▼ 71% vs 2024
Loans from banks and other lenders, long and short.
€ 313,069
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 371,523
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,515,473 | € 2,837,807 | € 2,833,980 | € 3,009,178 | ▲ 6% |
| Profit after taxes | € 332,453 | € 349,976 | € 390,017 | € 469,714 | ▲ 20% |
| Equity | € 1,065,608 | € 1,115,584 | € 1,255,601 | € 1,475,314 | ▲ 17% |
| Total debts | € 1,029,997 | € 1,580,173 | € 1,253,022 | € 1,028,279 | ▼ 18% |
| Cash | € 773,872 | € 741,514 | € 650,003 | € 513,051 | ▼ 21% |
| Retained profit | € 1,003,108 | € 1,053,084 | € 1,193,101 | € 1,412,814 | ▲ 18% |
| Dividend | € 350,000 | € 300,000 | € 250,000 | € 250,000 | |
| Bank debt | € 140,684 | € 162,171 | € 141,140 | € 40,606 | ▼ 71% |
| Balance sheet total | € 2,128,605 | € 2,764,757 | € 2,552,422 | € 2,538,593 | ▼ 1% |
| Employees (FTE) | 23.1 | 23 | 22.6 | 23.3 | ▲ 0.7 |
Key figures of COSEP, 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 COSEP?
What happened at COSEP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 469,714 (▲ 20% vs 2024). Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- LEXIA MANAGEMENT SRL became a director. NBB
- H.B.H. S.A. became a director. NBB
- A.I.M.FINANCES SRL became a director. NBB
- TMA Management SRL became a director. NBB
- New establishment in Mont-Saint-Guibert. KBO
- Start of the company according to the CBE. KBO
In short
From € 332,453 profit in 2022 to € 469,714 profit in 2025.
Paid € 677,367 in corporate taxes since 2022.
Best year ever: 2025, with € 469,714 profit.
On average € 129,100 of value added per employee in 2025.
Management
The stake of TMA MANAGEMENT, A.I.M. Finances, Be L² comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COSEPBehind COSEP are H.B.H. S.A., LEXIA MANAGEMENT SRL, A.I.M.FINANCES SRL and TMA Management SRL. The shares are held by TMA MANAGEMENT (40.6%), A.I.M. Finances (10.5%) and Be L².
Directors
According to the 2025 annual accounts
H.B.H. S.A.
Director · represented by Vincenzo GIUDICISSI
since 2023
Director · represented by Florian GAUBERT
since 2024
Director · represented by Bernard MANCHEL
since 2023
Managing director · represented by Benoit VAN HOYE
since 2020
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Emile Francqui 9
1435 Mont-Saint-Guibert
Rue du Fond Cattelain 5
1435 Mont-Saint-Guibert
Active since 10 March 1999
Vorstlaan 100
1170 Watermaal-Bosvoorde
Active since 19 February 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.823.505
- VAT number
- BE 0464.823.505
- Registered office
- Rue Emile Francqui 9, 1435 Mont-Saint-Guibert
- Names & denominations
- COSEP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 1998
- Peppol
- Active · Active since 17 Sept 2024
- Activities · NACE
Architecten
Activiteiten van bouwarchitecten
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