CoGe4
ActiveCoGe4 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €6.26M and a net result of €5.33M. Equity is growing by ~416.4% per year across the filed fiscal years. Its solvency ranks better than 19% of 2793 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2793 sector peers (2024).
NBB · sector comparisonPosition among 2793 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
29 d early
2022
34 d early
2021
19 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Equity
€6.26M▲ 571%
2023 · €933k
2021: €43k
2022: €184k
2023: €933k
2021 → 2024
Net result
€5.33M▲ 611%
2023 · €749k
2021: €-57k
2022: €141k
2023: €749k
2021 → 2024
Total assets
€31.87M▲ 111%
2023 · €15.09M
2021: €3.30M
2022: €14.83M
2023: €15.09M
2021 → 2024
Solvency
19.6%▲ 13.5pp
2023 · 6.2%
2021: 1.3%
2022: 1.2%
2023: 6.2%
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€43k-€184k▲ 329%€933k▲ 407%€6.26M▲ 571%
Operating result€-783-€92k€299k▲ 224%€254k▼ 15.0%
Net result€-57k-€141k€749k▲ 430%€5.33M▲ 611%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 15% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31.87M
Fixed assets
€18.69M▲ 27.2%
Current assets
€13.19M▲ 3,185%
Equity and liabilities €31.87M
Equity
€6.26M▲ 571%
Debt
€25.61M▲ 80.9%
The debt ratio falls from 93.8% to 80.4%: equity grows faster than debt.
Key figures and ratios
Solvency
19.6%▲
2023 · 6.2%
ROE
85.1%▲
2023 · 80.3%
ROA
16.7%▲
2023 · 5.0%
Debt
€25.61M▲
2023 · €14.16M
Debt ≤ 1 year
€10.76M▲
2023 · €578k
Debt > 1 year
€14.62M▲
2023 · €13.33M
Income taxes
€2k▲
2023 · €1k
Staff costs
€4k▼
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€15.09M€31.87M▲
Fixed assets21/28€14.69M€18.69M▲
Tangible fixed assets22/27€9k€8k▼
Land and buildings22€9k€8k▼
Financial fixed assets28€14.68M€18.68M▲
Current assets29/58€401k€13.19M▲
Amounts receivable within one year40/41€114k€98k▼
Trade receivables40€114k€79k▼
Other amounts receivable41€584€19k▲
Current investments50/53€254k€9.83M▲
Cash at bank and in hand54/58€33k€3.26M▲
Equity and liabilities
Total equity and liabilities10/49€15.09M€31.87M▲
Equity10/15€933k€6.26M▲
Contributions10/11€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Profit (loss) carried forward14€823k€6.15M▲
Amounts payable17/49€14.16M€25.61M▲
Amounts payable after more than one year17€13.33M€14.62M▲
Other amounts payable178/9€13.33M€14.62M▲
Amounts payable within one year42/48€578k€10.76M▲
Current portion of amounts payable after more than one year42€546k€2.71M▲
Trade debts44€23k€218▼
Suppliers440/4€23k€218▼
Taxes, remuneration and social security45€9k€9k▼
Taxes450/3€9k€9k▼
Other amounts payable47/48-€8.04M
Accrued charges and deferred income492/3€246k€235k▼
Income statement
Code20232024
Non-recurring operating income76A-€0
Remuneration, social security and pensions62€5k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€876
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€14€6▼
Gross operating margin9900€305k€260k▼
Operating profit (loss)9901€299k€254k▼
Financial income75/76B€958k€5.80M▲
Recurring financial income75€958k€5.80M▲
Financial charges65/66B€506k€726k▲
Recurring financial charges65€506k€726k▲
Profit (loss) for the period before taxes9903€750k€5.33M▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€749k€5.33M▲
Profit (loss) for the period to be appropriated9905€749k€5.33M▲
Appropriation of the result
Profit (loss) to be appropriated9906€823k€6.15M▲
Profit (loss) brought forward from the previous period14P€74k€823k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
11-09
State Gazette act
General meeting · Director reappointment
Permanent representative · Director resignation
11-09
State Gazette act
General meeting · Director reappointment
Permanent representative · Director resignation
11-09
State Gazette act
General meeting · Director reappointment
Permanent representative · Director resignation
11-09
State Gazette act
General meeting · Director reappointment
Permanent representative · Director resignation
11-09
State Gazette act
General meeting · Director reappointment
Permanent representative · Director resignation
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2021net €5.33M ▲611%
Net result €5.33M, the highest in the series.
31-12
Financial
Equity above €5MEq €6.26M ▲571%
3 profitable years in a row build equity to €6.26M.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €500kEq €933k ▲407%
2 profitable years in a row build equity to €933k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €141k
Net result €141k after one loss-making year.
31-12
Financial
Equity above €150kEq €184k ▲329%
Equity rises from €43k to €184k.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Flémalle · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sart d'Avette 1104400 FlémalleGround area
1,543 m²
Building footprint
397 m²
Volume, LiDAR
2,456 m³
Parcel 62007A0161/00G000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sart d'Avette 110, 4400 Flémalle
since 20212.312.777.235
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62007A0161/00G000 | Wallonia | 1,543 m² | 1 · 397 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 24,637 companies in sector 64210 we hold annual accounts for 19,690. 7,419 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2020
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:antonio.lalomia@portiergroup.be