Financials
Financial year 2024
Cosan from Lokeren, company number BE0720765032, closed financial year 2024 with a result of € 61,596 after tax. For that financial year Cosan recorded a gross margin of € 586,910 and equity of € 149,204. Compared with financial year 2023, the result moved from € 40,614 to € 61,596. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2025.
€ 149,204
▲ 70% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 61,596
▲ 52% vs 2023
Profit after tax over the fiscal year.
€ 44,924
▲ € 38,741 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 143,004.
People and assets in 2024
€ 419,681
▲ € 355,867 vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 268,702
▲ 111% vs 2023
Of which on lease € 267,775.
Debts at end 2024
€ 215,380
▲ 82% vs 2023
€ 146,216 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 109,525
▲ 42% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 67,499
▲ 122% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 97,028 | € 185,926 | € 586,910 | ▲ 216% |
| Profit after taxes | € 18,871 | € 40,614 | € 61,596 | ▲ 52% |
| Equity | € 46,993 | € 87,608 | € 149,204 | ▲ 70% |
| Total debts | € 242,551 | € 237,984 | € 393,782 | ▲ 65% |
| Cash | € 1,581 | € 6,183 | € 44,924 | ▲ € 38,741 |
| Retained profit | € 40,793 | € 81,408 | € 143,004 | ▲ 76% |
| Bank debt | € 180,530 | € 118,251 | € 215,380 | ▲ 82% |
| Balance sheet total | € 289,544 | € 325,592 | € 542,985 | ▲ 67% |
| Employees (FTE) | - | 2 | - |
By gross margin, Cosan ranks 1st of 7 companies with main activity “Bouw van civieltechnische werken voor vloeistoffen, neg” in Lokeren that publish figures (fiscal year 2024).
Key figures of Cosan, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
Ask about Cosan the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Cosan?
What happened at Cosan in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 61,596 (▲ 52% vs 2023). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lokeren. KBO
In short
From € 18,871 profit in 2022 to € 61,596 profit in 2024.
Paid € 61,246 in corporate taxes since 2022.
Best year ever: 2024, with € 61,596 profit.
On average € 93,000 of value added per employee in 2023.
Management
Behind Cosan is Burak Çoşanay.
Directors
According to the 2024 annual accounts
Burak Çoşanay
Director
Establishments
Establishment units
Physical locations of this company
Kazernestraat 32
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Lokeren
Same main activity (Bouw van civieltechnische werken voor vloeistoffen, neg), 6 active companies in Lokeren, largest first.
€ 189,359 gross margin · 2025
€ 38,930 gross margin · 2025
€ 8,047 gross margin · 2025
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€ 4,167 gross margin · 2025
€ 569 gross margin · 2024
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- COSANAY Burak(oprichter) 50%
- ÖZDEMIR Mustafa(oprichter) 50%
Details
- Company number
- 0720.765.032
- VAT number
- BE 0720.765.032
- Registered office
- Kazernestraat 32, 9160 Lokeren
- Names & denominations
- Cosan
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 2019
- Peppol
- Active · Active since 6 May 2025
- Activities · NACE
Bouw van civieltechnische werken voor vloeistoffen, neg
Landschapsverzorging
Coating van metalen
Oppervlaktebehandeling van metalen