Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Cosway Sports Belgium from Kortrijk, company number BE0632459497, closed financial year 2025 with a result of € -1.2 million after tax. For that financial year Cosway Sports Belgium recorded revenue of € 300,000 and equity of € -1.5 million. Compared with financial year 2024, the result moved from € -775,607 to € -1.2 million. 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 2, 2026.
€ -1.5 million
▼ € 1.2 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▼ 52 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,359
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.6 million.
Debts at end 2025
€ 26.9 million
▲ 56% vs 2024
Loans from banks and other lenders, long and short.
€ 120
▼ € 308,008 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 300,000 | € 300,000 | € 0 | € 300,000 | |
| Profit after taxes | € -201,835 | € -276,294 | € -775,607 | € -1,178,894 | ▼ € 403,287 |
| Equity | € 699,857 | € 423,564 | € -352,043 | € -1,530,938 | ▼ € 1.2 million |
| Total debts | € 8,710,928 | € 12,102,370 | € 17,933,035 | € 27,733,753 | ▲ 55% |
| Cash | € 989 | € 974 | € 2,743 | € 1,359 | ▼ 50% |
| Retained profit | € -400,143 | € -676,436 | € -1,452,043 | € -2,630,938 | ▼ € 1.2 million |
| Bank debt | € 8,426,041 | € 11,614,597 | € 17,183,565 | € 26,857,307 | ▲ 56% |
| Balance sheet total | € 9,410,785 | € 12,525,934 | € 17,580,991 | € 26,202,816 | ▲ 49% |
Key figures of Cosway Sports Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Cosway Sports Belgium?
What happened at Cosway Sports Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.2 million. filed late Source: NBB ↗
- Mohamad Amin Bin Mohamad Fuad became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 201,835 loss in 2022 to € 1.2 million loss in 2025.
Pays suppliers within 17 days on average.
A new publication or filing at Cosway Sports Belgium? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Cosway Sports Belgium are Derek Chin Chee Seng and Mohamad Amin Bin Mohamad Fuad. It owns 100% of KORTRIJK VOETBALT CVBA itself.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Meensesteenweg(Kor) 84 A
8500 Kortrijk
Meensesteenweg(Kor) 84 box A
8500 Kortrijk
Active since 8 June 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0632.459.497
- VAT number
- BE 0632.459.497
- Registered office
- Meensesteenweg(Kor) 84 A, 8500 Kortrijk
- Names & denominations
- Cosway Sports Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2015
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van holdings
Holdings
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