ALBERT COUGNET .BE
ActiveSummary
ALBERT COUGNET .BE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€310) and a net result of €3,902. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 2467 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency17▲+17
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
35 d early
2023
103 d early
2022
31 d early
2021
75 d early
2020
65 d early
2019
80 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 61 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 June (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
-€310▲ 92.6%
2023 · -€4,213
Total assets
€3,925▼ 38.4%
2023 · €6,375
Net result
€3,902
2023 · -€10,514
Working capital
-€310▲ 93.1%
2023 · -€4,473
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€10,623€17,200▲ 61.9%-€8,686-€10,472▼ 20.6%€4,204
Net result€10,594within the sector's middle half€17,199within the sector's middle half▲ 62.4%-€8,117below the sector's middle half-€10,514below the sector's middle half▼ 29.5%€3,902within the sector's middle half
Equity-€2,781below the sector's middle half▲ 79.2%€14,418within the sector's middle half€6,302below the sector's middle half▼ 56.3%-€4,213below the sector's middle half-€310below the sector's middle half▲ 92.6%
Total assets€4,062below the sector's middle half▲ 53.9%€15,947below the sector's middle half▲ 293%€10,200below the sector's middle half▼ 36.0%€6,375below the sector's middle half▼ 37.5%€3,925below the sector's middle half▼ 38.4%
Debt€6,843▼ 57.3%€1,529▼ 77.7%€3,899▲ 155%€10,588▲ 172%€4,235▼ 60.0%
Working capital-€3,041within the sector's middle half▲ 77.7%€14,158within the sector's middle half€6,042within the sector's middle half▼ 57.3%-€4,473within the sector's middle half-€310within the sector's middle half▲ 93.1%
Solvency90.4%above the sector's middle half61.8%within the sector's middle half▼ 28.6pp-66.1%below the sector's middle half▼ 127.9pp
Current ratio10.26above the sector's middle half2.55within the sector's middle half▼ 7.710.58below the sector's middle half▼ 1.97
Return on assets (ROA)107.9%above the sector's middle half-79.6%below the sector's middle half▼ 187.4pp-164.9%below the sector's middle half▼ 85.3pp
Staff (FTE)0.5below the sector's middle half=1▲ 100%1=0.7▼ 30.0%
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €4,204 after a loss of €10,472 in 2023.
Key figures and ratios
Debt ≤ 1 year
€4,235▼
2023 · €10,588
Staff costs
€0▼
2023 · €15,273
Ratios withheld: a balance sheet total of €3,925 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €655 | €10,911 | €15,273 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €17,020 | €18,203 | €2,572 | €5,185 | €4,592 | ▼ 11.4% |
| Operating profit (loss)9901 | €10,623 | €17,200 | -€8,686 | -€10,472 | €4,204 | ▲ 140% |
| Financial income75/76B | - | €28 | €609 | €0 | - | - |
| Recurring financial income75 | - | €28 | €609 | €0 | - | - |
| Financial charges65/66B | - | €29 | €40 | €42 | €302 | ▲ 619% |
| Recurring financial charges65 | €29 | €29 | €40 | €42 | €302 | ▲ 619% |
| Profit (loss) for the period before taxes9903 | €10,594 | €17,199 | -€8,117 | -€10,514 | €3,902 | ▲ 137% |
| Profit (loss) for the period9904 | €10,594 | €17,199 | -€8,117 | -€10,514 | €3,902 | ▲ 137% |
| Profit (loss) for the period to be appropriated9905 | €10,594 | €17,199 | -€8,117 | -€10,514 | €3,902 | ▲ 137% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4,062 | €15,947 | €10,200 | €6,375 | €3,925 | ▼ 38.4% |
| Fixed assets21/28 | €260 | €260 | €260 | €260 | €0 | ▼ 100% |
| Financial fixed assets28 | €260 | €260 | €260 | €260 | - | - |
| Current assets29/58 | €3,802 | €15,687 | €9,940 | €6,115 | €3,925 | ▼ 35.8% |
| Amounts receivable within one year40/41 | €3,482 | €7,623 | €8,651 | €5,478 | €3,918 | ▼ 28.5% |
| Trade receivables40 | - | - | €2,813 | €5,138 | €2,084 | ▼ 59.4% |
| Other amounts receivable41 | - | €7,623 | €5,838 | €340 | €1,834 | ▲ 439% |
| Cash at bank and in hand54/58 | €82 | €7,818 | €1,043 | €605 | €6 | ▼ 99.0% |
| Deferred charges and accrued income490/1 | - | €247 | €247 | €32 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4,062 | €15,947 | €10,200 | €6,375 | €3,925 | ▼ 38.4% |
| Equity10/15 | -€2,781 | €14,418 | €6,302 | -€4,213 | -€310 | ▲ 92.6% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€8,981 | €8,218 | €102 | -€10,413 | -€6,510 | ▲ 37.5% |
| Amounts payable17/49 | €6,843 | €1,529 | €3,899 | €10,588 | €4,235 | ▼ 60.0% |
| Amounts payable within one year42/48 | €6,843 | €1,529 | €3,899 | €10,588 | €4,235 | ▼ 60.0% |
| Trade debts44 | - | €1,060 | €2,417 | €933 | €4,235 | ▲ 354% |
| Suppliers440/4 | - | €1,060 | €2,417 | €933 | €4,235 | ▲ 354% |
| Taxes, remuneration and social security45 | - | €469 | €1,482 | €292 | €0 | ▼ 100% |
| Taxes450/3 | - | €269 | €269 | €292 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | €201 | €1,213 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €9,363 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,594 | €17,199 | -€8,117 | -€10,514 | €3,902 | ▲ 137% |
| Operating cash flow (approximation) | €10,594 | €17,199 | -€8,117 | -€10,514 | €3,902 | ▲ 137% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €260 | - |
| Change in cash | - | €7,736 | -€6,775 | -€438 | -€598 | ▼ 36.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3,902
Net result €3,902 after 2 loss-making years.
19-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€10,514
Net result drops to -€10,514, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €17,199 ▲62.4%
Operating result €17,200, net result €17,199, both a record.
31-12
Financial
Liquidity times 18current ratio 10.26
Current ratio from 0.56 to 10.26; short-term debt falls from €6,843 to €1,529.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €10,594
Net result €10,594 after one loss-making year.
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Seraing · 1 establishment unit since 2009
Ground area
3.3 ha
Building footprint
284 m²
Parcel 62058B0181/00F000, Wallonia. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ALBERTCOUGNET.BE
since 20092.177.896.062
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62058B0181/00F000 | Wallonia | 3.3 ha | 1 · 284 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,530 companies in sector 90391 we hold annual accounts for 684. 305 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-02-2009
Fiscal year end31-12
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
47610Retail trade
47690Retail sale of other cultural and recreation goods
58110Book publishing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0809836667
Also
9925:BE0809836667
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.