Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
70 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
COST Association from Sint-Joost-ten-Node, company number BE0829090573, closed financial year 2025 with a result of € 1 million after tax. Compared with financial year 2024, the result moved from € 223,882 to € 1 million. 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 June 10, 2026.
€ 5.5 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▲ € 814,159 vs 2024
Profit after tax over the fiscal year.
€ 72.6 million
▲ € 63.7 million vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
64.6
▼ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.7 million
▼ 2% vs 2024
€ 104,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,176
▼ 67% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 13.5 million
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 111 days on average.
€ 1.1 million
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -17,700 | € -46,208 | € 223,882 | € 1,038,042 | ▲ € 814,159 |
| Equity | € 4,253,231 | € 4,207,023 | € 4,430,905 | € 5,468,947 | ▲ 23% |
| Total debts | € 59,449,930 | € 49,010,549 | € 18,515,995 | € 66,711,793 | ▲ 260% |
| Cash | € 62,278,339 | € 52,183,219 | € 8,902,154 | € 72,580,896 | ▲ € 63.7 million |
| Retained profit | € 4,253,231 | € 4,207,023 | € 4,430,905 | € 5,468,947 | ▲ 23% |
| Balance sheet total | € 65,031,212 | € 54,880,011 | € 25,203,842 | € 74,433,732 | ▲ 195% |
| Employees (FTE) | 64.6 | 66.7 | 66.8 | 64.6 | ▼ 2.2 |
Key figures of COST Association, 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 May 2027.
What happened to COST Association?
What happened at COST Association in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Maria Rachele Nocera stepped down as director. NBB
- Pascale Van Dinter stepped down as director. NBB
- Anna Maude Grimmault stepped down as director. NBB
- Zoran Popovski stepped down as director. NBB
- Ase Gornitzka stepped down as director. NBB
- Aisté Vilkanauskytè stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1 million (▲ € 814,159 vs 2024). filed late Source: NBB ↗
- Mikko Tapani Ylikangas stepped down as director. NBB
In short
From € 17,700 loss in 2022 to € 1 million profit in 2025.
Paid € 741 in corporate taxes since 2022.
Best year ever: 2025, with € 1 million profit.
Pays suppliers within 111 days on average.
A new publication or filing at COST Association? 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 COST Association is RSM Interaudit BV. RSM Interaudit BV is also behind Le Logement Bruxellois, Sint Carolus Mayerhof, INSTITUUT WEGTRANSPORT EN LOGISTIEK BELGIE, Ingenieurshuis and La Goutrielle.
Directors
According to the 2025 annual accounts
Réviseur d'entreprise · represented by Karine Morris
Also active at: Le Logement Bruxellois, Sint Carolus Mayerhof, INSTITUUT WEGTRANSPORT EN LOGISTIEK BELGIE, Ingenieurshuis, La Goutrielle, TRANSRAD, BRASSERIE ST-FEUILLIEN, La Marelle +5 more
Brigitte Weiss
Director
since 2019 · until 2025
Maria Rachele Nocera
Director
since 2025 · until 2028
Salvatore Grimaldi
Director
since 2023 · until 2025
Pascale Van Dinter
Director
since 2024 · until 2027
Anna Maude Grimmault
Director
since 2024 · until 2027
Mikko Tapani Ylikangas
Director
since 2023 · until 2026
Aisté Vilkanauskytè
Director
since 2023 · until 2026
Zoran Popovski
Director
since 2024 · until 2027
Ase Gornitzka
Director
since 2025 · until 2027
Establishments
Establishment units
Physical locations of this company
Bolwerklaan 21 box 2
1210 Sint-Joost-ten-Node
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 70 companies are registered at this address.
All companies at this address →DEUTSCH-BELGISCH-LUXEMBURGISCHE HANDELSKAMER - BELGISCH-LUXEMBURGS-DUITSE KAMER VAN KOOPHANDEL - CHAMBRE DE COMMERCE BELGO-LUXEMBOURGEOISE-ALLEMANDE
€ 1.8 million revenue · 2025
MENSURA Service Externe de Prévention et de Protection au travail
€ 128.3 million revenue · 2025
PensioPlus (nederlands)
€ 848,627 gross margin · 2025
GROUPE GM BENELUX
€ 479,759 gross margin · 2025
CWT BELGIUM
€ 7.3 million revenue · 2025
+65 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
cost.eu
Registrar
Nomeo bvba
Website info
Features
Security
Network
Details
- Company number
- 0829.090.573
- VAT number
- BE 0829.090.573
- Registered office
- Bolwerklaan 21 bus 2, 1210 Sint-Joost-ten-Node
- Names & denominations
- COST Association · CA
- Enterprise type
- Rechtspersoon
- Legal form
- Internationale vereniging zonder winstoogmerk van publiek recht
- Legal situation
- Normale toestand
- Start date
- 8 September 2010
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- cost.eu [email protected] +3225333800
- Activities · NACE
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Overige verenigingen, neg
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