In this work, the structural, magnetic, and mechanical properties of Nd16Fe76-xCoxB8 alloys varying the Co content at x = 0, 10, 20 and 25, were experimentally investigated by X-Ray Diffraction (XRD), Mössbauer Spectrometry (MS), Vibrating Sample Magnetometry (VSM) at room temperature (RT), and microhardness test were performed too. The system presents the hard Nd2Fe14B and the Nd1.1Fe4B4 phases for samples with x = 0 and 10. When concentration increases to x= 20 and 25, the CoO phase appears. All MS show the ferromagnetic behavior (eight sextets: sites 16k1, 16k2, 8j1, 8j2, 4c, 4e, sb) associated to the hard and soft magnetic phases, and one paramagnetic component (doublet: site d) associated to the minority Nd1.1Fe4B4 phase, which was not identified by XRD. All samples are magnetically hard present a hard magnetic behavior. The increase of Co content in these samples did not improve the hard magnetic behavior, but increased the critical temperature of the system and decrease the crystallite size of the hard phase. The hysteresis loop showed that predominates the Nd2Fe14B hard magnetic phase. There is a general tendency to increase microhardness with cobalt content, attributable to cobalt doping reduces the lattice parameters and porosities in the sample improving it hardness.