Financials
Financial year 2025
COSETECH from Herve, company number BE0475584565, closed financial year 2025 with a result of € 105,507 after tax. For that financial year COSETECH recorded a gross margin of € 188,606 and equity of € 472,187. Compared with financial year 2024, the result moved from € 123,013 to € 105,507. 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 August 24, 2026.
€ 472,187
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 105,507
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 377,475
▲ 52% 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 € 453,587.
People and assets in 2025
€ 31,373
▲ 8% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 54,353
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,419
▼ 25% vs 2024
€ 18,574 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 15,670
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,386
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 156,699 | € 109,350 | € 198,108 | € 188,606 | ▼ 5% |
| Profit after taxes | € 88,510 | € 58,534 | € 123,013 | € 105,507 | ▼ 14% |
| Equity | € 225,133 | € 243,667 | € 366,680 | € 472,187 | ▲ 29% |
| Total debts | € 46,664 | € 55,782 | € 125,847 | € 78,595 | ▼ 38% |
| Cash | € 149,098 | € 206,654 | € 248,988 | € 377,475 | ▲ 52% |
| Retained profit | € 206,533 | € 225,067 | € 348,080 | € 453,587 | ▲ 30% |
| Dividend | € 10,000 | € 40,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 3,443 | € 60,628 | € 45,419 | ▼ 25% |
| Balance sheet total | € 271,797 | € 299,449 | € 492,527 | € 550,783 | ▲ 12% |
Key figures of COSETECH, 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 COSETECH?
What happened at COSETECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 105,507 (▼ 14% vs 2024). filed late Source: NBB ↗
- Damienne Corman became a director. NBB
- New establishment in Blégny. KBO
- Start of the company according to the CBE. KBO
In short
From € 88,510 profit in 2022 to € 105,507 profit in 2025.
Paid € 111,328 in corporate taxes since 2022.
Best year ever: 2024, with € 123,013 profit.
Paid out € 50,000 in dividends to the owners in total.
Management
Behind COSETECH is Damienne Corman.
Directors
According to the 2025 annual accounts
Damienne Corman
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Voie des Tendeurs 24
4650 Herve
Rue sur les Heids 48
4671 Blégny
Active since 8 October 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.584.565
- VAT number
- BE 0475.584.565
- Registered office
- Voie des Tendeurs 24, 4650 Herve
- Names & denominations
- COSETECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 2001
- Peppol
- Active · Active since 9 Apr 2025
- Activities · NACE
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