COGITUS
ActiveSummary
COGITUS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €230,554 and a net result of €28,269. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 91% of 1743 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▼-15
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity ample (current ratio 9.94 against 20.94 in 2023; short-term debt: 9.6% and cash: 26.6% of total assets), and 13.3% of the assets are financed with debt.
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Signals
Three 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
35 d late
2022
23 d late
2021
61 d late
2020
95 d late
2019
76 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 53 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€154,533
EBIT margin
51.4%
Net result
€28,269▼ 43.1%
2023 · €49,649
Working capital
€228,067▲ 15.7%
2023 · €197,089
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting 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
Turnover€154,533
Operating result€67,985▼ 3.0%€79,405▲ 16.8%€77,034▼ 3.0%€72,389▼ 6.0%€39,626▼ 45.3%
Net result€52,409within the sector's middle half▲ 13.7%€67,576within the sector's middle half▲ 28.9%€56,049within the sector's middle half▼ 17.1%€49,649within the sector's middle half▼ 11.4%€28,269within the sector's middle half▼ 43.1%
EBIT margin51.4%
Equity€175,287within the sector's middle half▲ 43.3%€140,229within the sector's middle half▼ 20.0%€163,062within the sector's middle half▲ 16.3%€202,285within the sector's middle half▲ 24.1%€230,554within the sector's middle half▲ 14.0%
Total assets€215,570below the sector's middle half▲ 19.9%€170,021below the sector's middle half▼ 21.1%€190,994below the sector's middle half▲ 12.3%€222,550below the sector's middle half▲ 16.5%€265,881below the sector's middle half▲ 19.5%
Debt€40,282▼ 29.9%€29,792▼ 26.0%€27,932▼ 6.2%€20,265▼ 27.4%€35,328▲ 74.3%
Working capital€153,722within the sector's middle half▲ 68.6%€118,996within the sector's middle half▼ 22.6%€145,047within the sector's middle half▲ 21.9%€197,089within the sector's middle half▲ 35.9%€228,067within the sector's middle half▲ 15.7%
Solvency81.3%above the sector's middle half▲ 13.3pp82.5%above the sector's middle half▲ 1.2pp85.4%above the sector's middle half▲ 2.9pp90.9%above the sector's middle half▲ 5.5pp86.7%above the sector's middle half▼ 4.2pp
Current ratio6.21above the sector's middle half▲ 3.436.13above the sector's middle half▼ 0.098.17above the sector's middle half▲ 2.0520.94above the sector's middle half▲ 12.779.94above the sector's middle half▼ 11.01
Return on assets (ROA)24.3%above the sector's middle half▼ 1.3pp39.7%above the sector's middle half▲ 15.4pp29.3%above the sector's middle half▼ 10.4pp22.3%above the sector's middle half▼ 7.0pp10.6%within the sector's middle half▼ 11.7pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 45% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €265,881
Fixed assets
€12,290 ▼ 21.1%
Current assets
€253,591 ▲ 22.5%
Equity and liabilities €265,881
Equity
€230,554 ▲ 14.0%
Debt
€35,328 ▲ 74.3%
Debt's share of the balance-sheet total rises from 9.1% to 13.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€47,403▼
2023 · €80,447
Cash flow
€36,046▼
2023 · €57,708
Quick ratio
9.91▼
2023 · 20.88
Debt to equity
0.15▲
2023 · 0.10
ROE
12.3%▼
2023 · 24.5%
Interest coverage
47.49▲
2023 · 42.49
Debt ≤ 1 year
€25,524▲
2023 · €9,883
Income taxes
€14,557▼
2023 · €22,865
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
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 34,696 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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | €154,533 | - | - | - | - |
| Non-recurring operating income76A | - | €628 | €153 | €9,468 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €51,551 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,126 | €7,346 | €9,046 | €8,059 | €7,778 | ▼ 3.5% |
| Other operating charges640/8 | - | €18,990 | €14,371 | €69,870 | €77,955 | ▲ 11.6% |
| Gross operating margin9900 | €75,354 | €105,741 | €100,451 | €150,317 | €125,359 | ▼ 16.6% |
| Operating profit (loss)9901 | €67,985 | €79,405 | €77,034 | €72,389 | €39,626 | ▼ 45.3% |
| Financial income75/76B | - | €13,790 | €1,606 | €2,019 | €4,198 | ▲ 108% |
| Recurring financial income75 | €6,119 | €13,790 | €1,606 | €2,019 | €4,198 | ▲ 108% |
| Financial charges65/66B | - | €1,446 | €2,279 | €1,893 | €998 | ▼ 47.3% |
| Recurring financial charges65 | €1,905 | €1,446 | €2,279 | €1,893 | €998 | ▼ 47.3% |
| Profit (loss) for the period before taxes9903 | €72,199 | €91,749 | €76,362 | €72,514 | €42,826 | ▼ 40.9% |
| Income taxes67/77 | €19,790 | €24,173 | €20,313 | €22,865 | €14,557 | ▼ 36.3% |
| Profit (loss) for the period9904 | €52,409 | €67,576 | €56,049 | €49,649 | €28,269 | ▼ 43.1% |
| Profit (loss) for the period to be appropriated9905 | €52,409 | €67,576 | €56,049 | €49,649 | €28,269 | ▼ 43.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €215,570 | €170,021 | €190,994 | €222,550 | €265,881 | ▲ 19.5% |
| Fixed assets21/28 | €32,362 | €27,807 | €25,724 | €15,578 | €12,290 | ▼ 21.1% |
| Intangible fixed assets21 | €30,504 | €24,174 | €18,074 | €11,974 | €5,874 | ▼ 50.9% |
| Tangible fixed assets22/27 | €1,858 | €3,634 | €7,651 | €3,604 | €6,417 | ▲ 78.0% |
| Furniture and vehicles24 | - | €3,634 | €7,651 | €3,604 | €6,417 | ▲ 78.0% |
| Current assets29/58 | €183,208 | €142,214 | €165,270 | €206,972 | €253,591 | ▲ 22.5% |
| Amounts receivable after more than one year29 | - | - | - | €20,003 | - | - |
| Other amounts receivable291 | - | - | - | €20,003 | - | - |
| Stocks and contracts in progress3 | €600 | €600 | €600 | €600 | €600 | = |
| Stocks30/36 | - | €600 | €600 | €600 | €600 | = |
| Amounts receivable within one year40/41 | €49,207 | €58,289 | €72,206 | €65,077 | €127,741 | ▲ 96.3% |
| Trade receivables40 | - | €42,658 | €48,339 | €54,125 | €48,683 | ▼ 10.1% |
| Other amounts receivable41 | - | €15,632 | €23,867 | €10,952 | €79,058 | ▲ 622% |
| Current investments50/53 | €104,119 | €73,444 | €67,339 | €54,488 | €54,488 | = |
| Cash at bank and in hand54/58 | €22,408 | €9,533 | €24,565 | €66,416 | €70,762 | ▲ 6.5% |
| Deferred charges and accrued income490/1 | - | €347 | €560 | €388 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €215,570 | €170,021 | €190,994 | €222,550 | €265,881 | ▲ 19.5% |
| Equity10/15 | €175,287 | €140,229 | €163,062 | €202,285 | €230,554 | ▲ 14.0% |
| Contributions10/11 | - | €6,200 | €12,400 | €18,600 | €18,600 | = |
| Reserves13 | €18,487 | €18,487 | €18,487 | €51,509 | €79,778 | ▲ 54.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €16,627 | €16,627 | €49,649 | €77,918 | ▲ 56.9% |
| Profit (loss) carried forward14 | €150,600 | €115,542 | €132,175 | €132,175 | €132,175 | = |
| Amounts payable17/49 | €40,282 | €29,792 | €27,932 | €20,265 | €35,328 | ▲ 74.3% |
| Amounts payable after more than one year17 | €3,401 | €265 | - | - | - | - |
| Financial debts170/4 | - | €265 | - | - | - | - |
| Amounts payable within one year42/48 | €29,486 | €23,218 | €20,224 | €9,883 | €25,524 | ▲ 158% |
| Current portion of amounts payable after more than one year42 | - | €3,136 | €265 | - | - | - |
| Financial debts43 | - | - | - | - | €2,709 | - |
| Credit institutions430/8 | - | - | - | - | €2,709 | - |
| Trade debts44 | €4,207 | €17,399 | €14,046 | €4,087 | €15,023 | ▲ 268% |
| Suppliers440/4 | - | €17,399 | €14,046 | €4,087 | €15,023 | ▲ 268% |
| Taxes, remuneration and social security45 | - | €2,682 | €5,912 | €5,796 | €7,792 | ▲ 34.4% |
| Taxes450/3 | - | €2,682 | €5,912 | €5,796 | €7,792 | ▲ 34.4% |
| Accrued charges and deferred income492/3 | - | €6,309 | €7,708 | €10,382 | €9,804 | ▼ 5.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,409 | €67,576 | €56,049 | €49,649 | €28,269 | ▼ 43.1% |
| + Depreciation and write-downs630 | €7,126 | €7,346 | €9,046 | €8,059 | €7,778 | ▼ 3.5% |
| Operating cash flow (approximation) | €59,535 | €74,922 | €65,095 | €57,708 | €36,046 | ▼ 37.5% |
| Investment in fixed assets (approximation) | - | -€2,791 | -€6,963 | €2,088 | -€4,490 | ▼ 315% |
| Change in cash | - | -€12,875 | €15,032 | €41,851 | €4,346 | ▼ 89.6% |
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
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 35 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 20.94
Current ratio from 8.17 to 20.94; short-term debt falls from €20,224 to €9,883.
31-12
Financial
Equity above €200,000Eq €202,285 ▲24.1%
6 profitable years in a row build equity to €202,285.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
31-12
Financial
Equity above €150,000Eq €163,062 ▲16.3%
5 profitable years in a row build equity to €163,062.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Highest result since 2018net €67,576 ▲28.9%
Operating result €79,405, net result €67,576, both a record.
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 95 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 6.21
Current ratio from 2.79 to 6.21; short-term debt falls from €51,032 to €29,486.
31-12
Financial
Equity above €150,000Eq €175,287 ▲43.3%
3 profitable years in a row build equity to €175,287.
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 76 days late
Show earlier events
2019
31-12
Financial
Equity above €100,000Eq €122,338 ▲60.5%
2 profitable years in a row build equity to €122,338.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
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.
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Directors · office · real estate
Directors
3 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, Chaudfontaine · 1 establishment unit since 2015
Ground area
709 m²
Building footprint
210 m²
Volume, LiDAR
480 m³
Parcel 62030C0249/00B005, Wallonia · tallest building 4.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
COGITUS
since 20152.248.301.038
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62030C0249/00B005 | Wallonia | 708 m² | 1 · 210 m² | 4.0 m · 1 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
984500F3D4DB3S971497
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Of 2,772 companies in sector 69109 we hold annual accounts for 1,209. 888 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
Founded18-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
47690Retail sale of other cultural and recreation goods
70200Business and other management consultancy
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
90201Performing arts by independent artists
90111Literary creation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0644637254
Registered
21-11-2024
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.