Financials
Financial year 2025
GARAGE COSYN from Pajottegem, company number BE0892768303, closed financial year 2025 with a result of € 296,529 after tax. For that financial year GARAGE COSYN recorded a gross margin of € 647,575 and equity of € 927,483. Compared with financial year 2024, the result moved from € 230,476 to € 296,529. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 927,483
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 296,529
▲ 29% vs 2024
Profit after tax over the fiscal year.
€ 633,305
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 101,215 paid out
34 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 162,696
▲ 20% vs 2024
€ 67,800 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.
€ 64,977
▼ 32% 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.
€ 55,908
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 198,986
▲ 53% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 276,855 | € 370,416 | € 532,396 | € 647,575 | ▲ 22% |
| Profit after taxes | € 117,583 | € 140,985 | € 230,476 | € 296,529 | ▲ 29% |
| Equity | € 484,111 | € 569,800 | € 732,169 | € 927,483 | ▲ 27% |
| Total debts | € 203,794 | € 180,851 | € 274,930 | € 356,109 | ▲ 30% |
| Cash | € 391,390 | € 386,690 | € 441,258 | € 633,305 | ▲ 44% |
| Retained profit | € 465,511 | € 551,200 | € 713,569 | € 908,883 | ▲ 27% |
| Dividend | € 88,762 | € 55,296 | € 68,107 | € 101,215 | ▲ 49% |
| Bank debt | € 6,690 | € 6,754 | € 0 | € 0 | |
| Balance sheet total | € 687,905 | € 750,651 | € 1,007,100 | € 1,283,593 | ▲ 27% |
| Employees (FTE) | 1.4 | 2 | 2 | 2.4 | ▲ 0.4 |
Key figures of GARAGE COSYN, 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 July 2027.
What happened to GARAGE COSYN?
What happened at GARAGE COSYN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 296,529 (▲ 29% vs 2024). filed late Source: NBB ↗
- Willy Cosyn became a director. NBB
- Joris Cosyn became a director. NBB
- New establishment in Pajottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 117,583 profit in 2022 to € 296,529 profit in 2025.
Paid € 342,064 in corporate taxes since 2022.
Best year ever: 2025, with € 296,529 profit.
On average € 269,800 of value added per employee in 2025.
Management
Behind GARAGE COSYN are Willy Cosyn and Joris Cosyn.
Directors
According to the 2025 annual accounts
Willy Cosyn
Director
since 2020
Joris Cosyn
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Edingsesteenweg 380
1755 Pajottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
DUOCAST-AS, NL
Website info
Features
Security
Details
- Company number
- 0892.768.303
- VAT number
- BE 0892.768.303
- Registered office
- Edingsesteenweg 380, 1755 Pajottegem
- Names & denominations
- GARAGE COSYN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 2007
- Peppol
- Active · Active since 12 May 2025
- Contact
- garagecosyn.be
- Activities · NACE
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