COGEX

Active

Public limited companyfounded 1986active for 40 yearsRue du Village 314, 4000 Liège, BelgiumKBO/BCE: BE 0429.957.547

Summary

COGEX has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120,142 and a net result of €4,218. Equity remains stable across the filed financial years (±0.7% per year). Its solvency ranks better than 70% of 1,055 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

COGEXActiveChecked score 93/100

Risk analysis Report Compare

Activity

Other tax advisory services

NACE 69209Business and other management consultancy NACE 70200

1 site

Size

€194,996total assets 2025

Staff: 6.8 FTE
Equity: €120,142
Profit: €4,218

Financial health

93 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Largest shareholder: Françoise POELS · 33.33%

CHAPELIER PierreDirector
POELS FrançoiseDirector

2025 accounts 11 days early1 of 6 deeds summarised

Why 93lowers riskLiquidity: current ratio 1.97, cash €52,125Sector: Legal and accounting activities (NACE 69)Equity €120,142 (61.6% of total assets)Figures for financial year 2025 (filed 20-07-2026)Show the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 44% of its sector peers (NACE 69, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 87-1

equity 61.6% of total assets

Liquidity 66+29

short-term debt 38.4% · cash 26.7%

Profitability 71+1

return on assets 2.2%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,056 companies, NACE 69, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €11,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.97, compared with 1.88 in 2024, above the usual 1.5; short-term debt: 38.4% and cash: 26.7% of total assets), and 38.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro): better than 58% on solvency, 53% on liquidity, 21% on profitability and 45% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Liquidity: current ratio 1.97, cash €52,125

NBB · annual accounts

Sector: Legal and accounting activities (NACE 69)

KBO

Equity €120,142 (61.6% of total assets)

NBB · annual accounts

Figures for financial year 2025 (filed 20-07-2026)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

11 days early

2024

16 days early

2023

40 days early

2022

7 days early

2021

39 days early

2020

7 days early

2019

21 days late

← 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 14 days before the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

20-07-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Highest result from 2018 to 2025net €4,218 ▲106%
15-07-2025 Annual accounts filedfinancial year 2024 · full…

Key points

Caution: Among the weakest 14% on net resultsector median €119,810 · 1,048 companies €4,218 View
Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
Known shareholderslargest: Françoise POELS 33.33% 99.98% View

By topic

Financials

Financial year: 2025
Total assets: €194,996
Profit: €4,218
Solvency: 61.6%

Total assets▲ 6.0%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members
Largest shareholder: Françoise POELS · 33.33%
Known shareholders: 99.98%

CHAPELIER PierreDirector
POELS FrançoiseDirector

Go to Board & ownership

Timeline

Events: 43
Since: 1988
Next accounts: by 31-07-2027

21-06-2024Annual accounts filed
31-12-2023Back to profit
06-10-2023Resignations: Françoise POELS (director) and Pierre CHAPELIER…

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Other tax advisory servicesNACE 69209
Founded: 01-10-1986
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 41

Annual meeting: Third Saturday of June at 10:00
Purpose: “L’activité civile de mise à disposition de moyens d’exploitation et autres services à…” (deed in French)

Go to Articles of association

Key facts about COGEX

What is the company number of COGEX?: 0429.957.547. In Belgium the VAT number is the company number with BE in front: BE 0429.957.547.
Where is COGEX based?: The registered office is at Rue du Village 314, 4000 Liège.Company details
What does COGEX do?: According to the KBO register, the main activity is other tax advisory services (NACE 69209).
What is the legal form of COGEX?: Public limited company (NV).
When was COGEX founded?: On 01-10-1986.
Is COGEX still active?: Yes, COGEX is an active enterprise in the KBO register.
How many employees does COGEX have?: On average 6.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of COGEX?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is COGEX profitable?: In financial year 2025, COGEX made a profit of €4,218.
Where can I find the annual accounts of COGEX?: COGEX filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of COGEX due?: By 31-07-2027, for financial year 2026.Timeline