COGC
ActiveSummary
The computed 12-month bankruptcy probability of COGC is 5.0% (elevated). The 2024 annual accounts show equity of €45,745 and a net result of €958. Equity is shrinking by ~11.3% per year across the filed fiscal years. The company has been active since 2015 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
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Signals
This company filed its last 6 accounts on average 33 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a higher bankruptcy probability: 5.0% 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 497,338 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% | 1.9% |
| 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 10,905 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,488 | €668 | €2,628 | €2,628 | €4,203 | ▲ 59.9% |
| Other operating charges640/8 | - | €348 | €348 | €384 | - | - |
| Gross operating margin9900 | -€20,303 | -€4,544 | -€1,015 | -€2,123 | €5,161 | ▲ 343% |
| Operating profit (loss)9901 | -€23,287 | -€5,560 | -€3,990 | -€5,135 | €958 | ▲ 119% |
| Financial charges65/66B | - | €143 | €52 | €52 | - | - |
| Recurring financial charges65 | €37 | €143 | €52 | €52 | - | - |
| Profit (loss) for the period before taxes9903 | -€23,324 | -€5,703 | -€4,042 | -€5,188 | €958 | ▲ 118% |
| Income taxes67/77 | €219 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€23,544 | -€5,703 | -€4,042 | -€5,188 | €958 | ▲ 118% |
| Profit (loss) for the period to be appropriated9905 | -€23,544 | -€5,703 | -€4,042 | -€5,188 | €958 | ▲ 118% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67,391 | €58,498 | €63,678 | €58,122 | €68,667 | ▲ 18.1% |
| Fixed assets21/28 | €113 | €20,458 | €17,830 | €15,203 | €11,000 | ▼ 27.6% |
| Tangible fixed assets22/27 | €88 | €20,433 | €17,805 | €15,178 | €10,975 | ▼ 27.7% |
| Plant, machinery and equipment23 | - | €20,433 | €17,805 | €15,178 | €10,975 | ▼ 27.7% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €67,278 | €38,040 | €45,848 | €42,919 | €57,667 | ▲ 34.4% |
| Stocks and contracts in progress3 | €2,965 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €7,284 | €8,100 | €4,469 | €12,354 | €1,779 | ▼ 85.6% |
| Trade receivables40 | - | €3,677 | €4,469 | €10,641 | €1,779 | ▼ 83.3% |
| Other amounts receivable41 | - | €4,423 | - | €1,713 | - | - |
| Cash at bank and in hand54/58 | €56,566 | €29,504 | €40,951 | €30,135 | €55,888 | ▲ 85.5% |
| Deferred charges and accrued income490/1 | - | €436 | €428 | €431 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67,391 | €58,498 | €63,678 | €58,122 | €68,667 | ▲ 18.1% |
| Equity10/15 | €59,720 | €54,016 | €49,974 | €44,787 | €45,745 | ▲ 2.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €8,060 | €8,060 | = |
| Capital10 | - | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | €12,400 | €12,400 | - | - | - |
| Outside capital11 | - | - | - | €8,060 | - | - |
| Share premium1100/10 | - | - | - | €8,060 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | - | - | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Legal reserve130 | - | €1,860 | €1,860 | - | - | - |
| Profit (loss) carried forward14 | €51,660 | €45,956 | €41,914 | €36,727 | €37,685 | ▲ 2.6% |
| Amounts payable17/49 | €7,671 | €4,481 | €13,704 | €13,335 | €22,922 | ▲ 71.9% |
| Amounts payable within one year42/48 | €7,671 | €4,481 | €13,704 | €13,335 | €22,922 | ▲ 71.9% |
| Trade debts44 | €175 | €254 | €438 | €61 | €9,840 | ▲ 16,164% |
| Suppliers440/4 | - | €254 | €438 | €61 | €9,840 | ▲ 16,164% |
| Taxes, remuneration and social security45 | - | - | €180 | €193 | - | - |
| Taxes450/3 | - | - | €180 | €193 | - | - |
| Other amounts payable47/48 | - | €4,227 | €13,087 | €13,082 | €13,082 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€23,544 | -€5,703 | -€4,042 | -€5,188 | €958 | ▲ 118% |
| + Depreciation and write-downs630 | €2,488 | €668 | €2,628 | €2,628 | €4,203 | ▲ 59.9% |
| Operating cash flow (approximation) | -€21,056 | -€5,035 | -€1,414 | -€2,560 | €5,161 | ▲ 302% |
| Investment in fixed assets (approximation) | - | -€21,013 | €0 | €0 | €0 | - |
| Change in cash | - | -€27,062 | €11,447 | -€10,816 | €25,753 | ▲ 338% |
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
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92410A0056/00C003 | Wallonia | 1,609 m² | 1 · 95 m² | - |
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.