ACTIVE

COSC

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Financial year 2025 · closed on 31/12/2025

Net result

1,4 M €

-15.7% YoY

Gross margin

2,9 M €

-7.7% YoY

Equity

16,9 M €

+9.1% YoY

What does COSC do?

COSC is a Public limited company incorporated in 2008. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.425.219

Incorporation

15/12/2008

Legal form

Public limited company

Registered office

Eiermarkt 7
2000 Antwerpen · FlandreSee on map

Contributed capital

12 400 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

82990Other business support service activities n.e.c.· main 82990Other business support service activities n.e.c.47770Retail sale of watches and jewellery in specialised stores 47770Retail sale of watches and jewellery in specialised stores 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate+2

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	2,9 M €	-7.7%	3,1 M €	+8.0%	2,9 M €	+13.9%	2,6 M €	+96.6%	1,3 M €	+1.7%	1,3 M €	+171%	471,5 k €	-2.6%	484,2 k €	-4.0%	504,5 k €	+32.0%	382,3 k €	-12.2%	435,3 k €	+95.2%	223 k €	-31.0%	323,4 k €	-18.4%	396,4 k €	+231%	119,9 k €	-66.2%	354,7 k €	+12.3%	315,9 k €
EBITDA	2,9 M €	-7.4%	3,1 M €	+7.3%	2,9 M €	+13.8%	2,5 M €	+96.2%	1,3 M €	+2.7%	1,3 M €	+177%	455,8 k €	-1.8%	464,4 k €	-5.4%	491 k €	+31.7%	372,9 k €	+71.3%	217,7 k €	+119%	99,5 k €	-50.6%	201,3 k €	-23.6%	263,5 k €	+5418%	4,8 k €	-97.9%	228,4 k €	+39.7%	163,4 k €
Operating result	2,1 M €	-12.8%	2,4 M €	+45.7%	1,6 M €	+111%	775,8 k €	+15.3%	673 k €	+9.0%	617,7 k €	+508%	-151,4 k €	+16.7%	-181,7 k €	-18.6%	-153,2 k €	+48.2%	-295,9 k €	-104%	-145,3 k €	+44.0%	-259,2 k €	-355%	101,8 k €	-37.9%	164,1 k €	+273%	-94,7 k €	-173%	130,3 k €	+245%	-89,6 k €
Net result	1,4 M €	-15.7%	1,7 M €	+82.2%	920,8 k €	+124%	411,1 k €	+5.7%	389 k €	-35.8%	605,9 k €	+425%	-186,4 k €	+14.0%	-216,7 k €	-10.3%	-196,5 k €	+42.4%	-341,4 k €	-155%	623,5 k €	+307%	-300,6 k €	-1065%	31,2 k €	-27.6%	43 k €	+121%	-208,3 k €	-653%	37,7 k €	+119%	-195,8 k €
Balance sheet
Equity	16,9 M €	+9.1%	15,5 M €	+12.1%	13,8 M €	+1443%	895,4 k €	+84.9%	484,3 k €	+408%	95,3 k €	+119%	-510,6 k €	-57.5%	-324,1 k €	-202%	-107,4 k €	-221%	89,1 k €	-79.3%	430,6 k €	+323%	-192,9 k €	-279%	107,7 k €	+40.7%	76,6 k €	+128%	33,6 k €	-86.1%	241,8 k €	+18.4%	204,2 k €
Total assets	46 M €	+9.2%	42,1 M €	+7.7%	39,1 M €	+76.9%	22,1 M €	+143%	9,1 M €	-5.5%	9,6 M €	+11.7%	8,6 M €	+0.4%	8,6 M €	-3.4%	8,9 M €	-0.2%	8,9 M €	-29.6%	12,7 M €	+47.7%	8,6 M €	+95.8%	4,4 M €	+11.4%	3,9 M €	+0.5%	3,9 M €	-3.7%	4,1 M €	+1.2%	4 M €
Cash	970 k €	+221%	301,9 k €	+314%	72,9 k €	+151%	29,1 k €	-50.3%	58,4 k €	+28.1%	45,6 k €	+41.1%	32,3 k €	+1985%	1,6 k €	-88.0%	13 k €	+12.3%	11,5 k €	-89.6%	111,2 k €	+100%	55,6 k €	-9.3%	61,2 k €	-3.0%	63,1 k €	+110%	30,1 k €	+26.5%	23,8 k €	-40.5%	40 k €
Debts	28,7 M €	+9.5%	26,3 M €	+5.6%	24,9 M €	+17.3%	21,2 M €	+152%	8,4 M €	-11.8%	9,5 M €	+4.4%	9,1 M €	+2.5%	8,9 M €	-1.0%	9 M €	+2.1%	8,8 M €	-28.0%	12,2 M €	+39.5%	8,8 M €	+105%	4,3 M €	+10.8%	3,9 M €	-0.5%	3,9 M €	+1.4%	3,8 M €	+0.3%	3,8 M €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		4,3 ETP	+59.3%	2,7 ETP	0.0%	2,7 ETP	0.0%	2,7 ETP	+3.8%	2,6 ETP	0.0%	2,6 ETP	-10.3%	2,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 22 ended

Active mandates

Alphons Martens

Managing director · since 07 juillet 2022 · until 07 juillet 2028

Active

Robertus Martens

Managing director · since 07 juillet 2022 · until 07 juillet 2028

Active

Ended mandates

Alphons Martens

Director · since 20 décembre 2023 · until 20 décembre 2029

Ended

Robertus Martens

Director · since 20 décembre 2023 · until 20 décembre 2029

Ended

Alphons Martens

Managing director · since 07 juillet 2022 · until 12 juin 2028

Ended

Alphons Martens

Managing director · since 07 juillet 2022

Ended

At this address

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COLMAN● Active	0679.965.545
COLMAN ANTWERPEN● Active	0646.673.957
COLMAN KNOKKE● Active	0646.670.789
Colman Sablon● Active	0688.627.150

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/03/2026	23/06/2025	02/07/2024	07/07/2023	12/07/2022	09/07/2021
General meeting	05/03/2026	10/06/2025	24/06/2024	12/06/2023	13/06/2022	14/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/03/2026	09/03/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	02/07/2024	Dutch	PDF
Abridged model	31/12/2022	12/06/2023	07/07/2023	Dutch	PDF
Abridged model	31/12/2021	13/06/2022	12/07/2022	Dutch	PDF
Micro model	31/12/2020	14/06/2021	09/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/06/2020	25/06/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	12/06/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	10/07/2018	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	25/07/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	07/07/2015	Dutch	PDF
Abridged model	31/12/2013	03/03/2014	11/03/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	10/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	13/07/2012	Dutch	PDF
Abridged model	31/12/2010	02/05/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	01/07/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 22 ended

Active mandates

Alphons Martens

Managing director · since 07 juillet 2022 · until 07 juillet 2028

Active

Robertus Martens

Managing director · since 07 juillet 2022 · until 07 juillet 2028

Active

Ended mandates

Alphons Martens

Director · since 20 décembre 2023 · until 20 décembre 2029

Ended

Robertus Martens

Director · since 20 décembre 2023 · until 20 décembre 2029

Ended

Alphons Martens

Managing director · since 07 juillet 2022 · until 12 juin 2028

Ended

Alphons Martens

Managing director · since 07 juillet 2022

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/01/2024
DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other23/12/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20251,4 M €↓
2024
Annual accounts 20241,7 M €↑
2023
Annual accounts 2023920,8 k €↑
2022
Annual accounts 2022411,1 k €↑
2021
Annual accounts 2021389 k €↓
2020
Annual accounts 2020605,9 k €↑
2019
Annual accounts 2019-186,4 k €↑
2018
Annual accounts 2018-216,7 k €↓
2017
Annual accounts 2017-196,5 k €↑
2016
Annual accounts 2016-341,4 k €↓
2015
Annual accounts 2015623,5 k €↑
2014
Annual accounts 2014-300,6 k €↓
2013
Annual accounts 201331,2 k €↓
2012
Annual accounts 201243 k €↑
2011
Annual accounts 2011-208,3 k €↓
2010
Annual accounts 201037,7 k €↑
2009
Annual accounts 2009-195,8 k €
15/12/2008
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

COSC

Overview

What does COSC do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline