Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
KOSAR from Bornem, company number BE0736913453, closed financial year 2024 with a result of € 2,528 after tax. For that financial year KOSAR recorded a gross margin of € 80,412 and equity of € 7,678. Compared with financial year 2023, the result moved from € -12,268 to € 2,528. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ 7,678
▲ 49% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,528
▲ still € 12,268 loss in 2023
Profit after tax over the fiscal year.
€ 38,902
▲ € 35,366 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 € 1,678.
People and assets in 2024
€ 72,246
▲ 49% 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.
Debts at end 2024
€ 14,715
▼ 34% vs 2023
€ 8,133 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 55,672
▼ 52% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 33,025
▲ 33% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 47,282 | € 47,131 | € 48,444 | € 80,412 | ▲ 66% |
| Profit after taxes | € -1,316 | € -8,371 | € -12,268 | € 2,528 | ▲ € 14,796 |
| Equity | € 25,789 | € 17,417 | € 5,149 | € 7,678 | ▲ 49% |
| Total debts | € 73,053 | € 75,707 | € 282,419 | € 267,968 | ▼ 5% |
| Cash | € 8,076 | € 2,089 | € 3,536 | € 38,902 | ▲ € 35,366 |
| Retained profit | € 19,789 | € 11,417 | € -851 | € 1,678 | ▲ € 2,528 |
| Bank debt | € 38,680 | € 30,155 | € 22,171 | € 14,715 | ▼ 34% |
| Balance sheet total | € 98,842 | € 93,125 | € 287,568 | € 275,645 | ▼ 4% |
Key figures of KOSAR, fiscal years 2021 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.
What happened to KOSAR?
What happened at KOSAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2,528. filed late Source: NBB ↗
- Muhammed Fatih Kosar stepped down as director. NBB
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,316 loss in 2021 to € 2,528 profit in 2024.
Paid € 6,021 in corporate taxes since 2021.
Best year ever: 2024, with € 2,528 profit.
A new publication or filing at KOSAR? 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 KOSAR are Myummyun Nikolov and Ayhan Kosar. It owns 85% of Pizzalab itself.
Directors
According to the 2024 annual accounts
Myummyun Nikolov
Director
Ayhan Kosar
Director
· until 2025
Establishments
Establishment units
Physical locations of this company
Sint-Amandsesteenweg(BOR) 261
2880 Bornem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0736.913.453
- VAT number
- BE 0736.913.453
- Registered office
- Sint-Amandsesteenweg(BOR) 261, 2880 Bornem
- Names & denominations
- KOSAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met volledige bediening
Eetgelegenheden met beperkte bediening