Warning lights
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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Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
COSY HOUSE DESIGN from Walhain, company number BE0752710793, closed financial year 2023 with a result of € -212,096 after tax. For that financial year COSY HOUSE DESIGN recorded a gross margin of € 997,088 and equity of € -196,945. Compared with financial year 2022, the result moved from € 18,421 to € -212,096. 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 July 3, 2024.
€ -196,945
▼ € 212,096 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -212,096
▼ still € 18,421 profit in 2022
Profit after tax over the fiscal year.
€ 119,265
▲ 31% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -201,945.
People and assets in 2023
€ 1.2 million
▲ 72% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 159,707
▲ 247% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 41,525
▲ 13% vs 2022
€ 12,066 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 922,306
▲ € 722,884 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 145,109
▲ 14% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 981,549 | € 2,785,612 | - | |
| Gross margin | € 278,103 | € 743,502 | € 997,088 | ▲ 34% |
| Profit after taxes | € -6,499 | € 18,421 | € -212,096 | ▼ € 230,517 |
| Equity | € -3,271 | € 15,151 | € -196,945 | ▼ € 212,096 |
| Total debts | € 268,353 | € 431,916 | € 1,297,300 | ▲ 200% |
| Cash | € 31,512 | € 91,295 | € 119,265 | ▲ 31% |
| Retained profit | € -3,271 | € 10,151 | € -201,945 | ▼ € 212,096 |
| Bank debt | € 16,505 | € 36,704 | € 41,525 | ▲ 13% |
| Balance sheet total | € 265,082 | € 447,067 | € 1,100,355 | ▲ 146% |
| Employees (FTE) | 5 | 12.5 | - |
Key figures of COSY HOUSE DESIGN, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to COSY HOUSE DESIGN?
What happened at COSY HOUSE DESIGN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
COSY HOUSE DESIGN is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 212,096 (▼ € 230,517 vs 2022). Source: NBB ↗
- New establishment in Walhain. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,499 loss in 2021 to € 212,096 loss in 2023.
Paid € 21,725 in corporate taxes since 2021.
Best year ever: 2022, with € 18,421 profit.
On average € 59,500 of value added per employee in 2022.
Establishments
Establishment units
Physical locations of this company
Rue de Libersart(TSL) 1
1457 Walhain
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0752.710.793
- VAT number
- BE 0752.710.793
- Registered office
- Rue de Libersart(TSL) 1, 1457 Walhain
- Names & denominations
- COSY HOUSE DESIGN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 18 August 2020
- Peppol
- Not registered
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