COGNETIX
ActiveSummary
COGNETIX has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59k and a net result of €40k. Its solvency ranks better than 73% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+21
Growth78
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.18 against 1.93 in 2023; short-term debt: 24.7% and cash: 24.2% of total assets), and 24.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 02-07-2025, 29 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€59k▲ 210%
2023 · €19k
2023: €19k
2024: €59k▲ +210% vs 2023
2023 → 2024
Total assets
€78k▲ 120%
2023 · €36k
2023: €36k
2024: €78k▲ +120% vs 2023
2023 → 2024
Net result
€40k▲ 111%
2023 · €19k
2023: €19k
2024: €40k▲ +111% vs 2023
2023 → 2024
Working capital
€42k▲ 174%
2023 · €15k
2023: €15k
2024: €42k▲ +174% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€19k-€59k▲ 210%
2023: €19k
2024: €59k▲ +210% vs 2023
Operating result€24k-€50k▲ 111%
2023: €24k
2024: €50k▲ +111% vs 2023
Net result€19k-€40k▲ 111%
2023: €19k
2024: €40k▲ +111% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 111% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €78k
Fixed assets
€17k ▲ 364%
Current assets
€61k ▲ 92.5%
Equity and liabilities €78k
Equity
€59k ▲ 210%
Debt
€19k ▲ 16.9%
Debt's share of the balance-sheet total falls from 46.5% to 24.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54k▲
2023 · €24k
Cash flow
€44k▲
2023 · €19k
Current ratio
3.18▲
2023 · 1.93
Debt to equity
0.33▼
2023 · 0.87
ROE
67.8%▼
2023 · 99.5%
ROA
51.1%▼
2023 · 53.2%
Interest coverage
1010.55▼
2023 · 2730.53
Debt ≤ 1 year
€19k▲
2023 · €17k
Income taxes
€11k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€36k€78k▲
Fixed assets21/28€4k€17k▲
Tangible fixed assets22/27€4k€17k▲
Furniture and vehicles24€4k€17k▲
Current assets29/58€32k€61k▲
Amounts receivable within one year40/41€22k€42k▲
Trade receivables40€22k€22k▲
Other amounts receivable41€420€20k▲
Cash at bank and in hand54/58€10k€19k▲
Equity and liabilities
Total equity and liabilities10/49€36k€78k▲
Equity10/15€19k€59k▲
Contributions10/11€100€100=
Reserves13€19k€59k▲
Distributable reserves133€19k€59k▲
Amounts payable17/49€17k€19k▲
Amounts payable within one year42/48€17k€19k▲
Trade debts44-€39
Suppliers440/4-€39
Taxes, remuneration and social security45€14k€19k▲
Taxes450/3€14k€19k▲
Other amounts payable47/48€3k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€127€4k▲
Other operating charges640/8-€225
Gross operating margin9900€24k€54k▲
Operating profit (loss)9901€24k€50k▲
Financial income75/76B-€425
Recurring financial income75-€425
Financial charges65/66B€9€54▲
Recurring financial charges65€9€54▲
Profit (loss) for the period before taxes9903€24k€51k▲
Income taxes67/77€5k€11k▲
Profit (loss) for the period9904€19k€40k▲
Profit (loss) for the period to be appropriated9905€19k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€40k▲
Transfer to equity691/2€19k€40k▲
To the legal reserve6920€19k€0▼
To other reserves6921-€40k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €127 | €4k | ▲ 3,058% |
| Other operating charges640/8 | - | €225 | - |
| Gross operating margin9900 | €24k | €54k | ▲ 128% |
| Operating profit (loss)9901 | €24k | €50k | ▲ 111% |
| Financial income75/76B | - | €425 | - |
| Recurring financial income75 | - | €425 | - |
| Financial charges65/66B | €9 | €54 | ▲ 513% |
| Recurring financial charges65 | €9 | €54 | ▲ 513% |
| Profit (loss) for the period before taxes9903 | €24k | €51k | ▲ 113% |
| Income taxes67/77 | €5k | €11k | ▲ 119% |
| Profit (loss) for the period9904 | €19k | €40k | ▲ 111% |
| Profit (loss) for the period to be appropriated9905 | €19k | €40k | ▲ 111% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €36k | €78k | ▲ 120% |
| Fixed assets21/28 | €4k | €17k | ▲ 364% |
| Tangible fixed assets22/27 | €4k | €17k | ▲ 364% |
| Furniture and vehicles24 | €4k | €17k | ▲ 364% |
| Current assets29/58 | €32k | €61k | ▲ 92.5% |
| Amounts receivable within one year40/41 | €22k | €42k | ▲ 93.3% |
| Trade receivables40 | €22k | €22k | ▲ 2.6% |
| Other amounts receivable41 | €420 | €20k | ▲ 4,742% |
| Cash at bank and in hand54/58 | €10k | €19k | ▲ 90.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €36k | €78k | ▲ 120% |
| Equity10/15 | €19k | €59k | ▲ 210% |
| Contributions10/11 | €100 | €100 | = |
| Reserves13 | €19k | €59k | ▲ 211% |
| Distributable reserves133 | €19k | €59k | ▲ 211% |
| Amounts payable17/49 | €17k | €19k | ▲ 16.9% |
| Amounts payable within one year42/48 | €17k | €19k | ▲ 16.9% |
| Trade debts44 | - | €39 | - |
| Suppliers440/4 | - | €39 | - |
| Taxes, remuneration and social security45 | €14k | €19k | ▲ 38.3% |
| Taxes450/3 | €14k | €19k | ▲ 38.3% |
| Other amounts payable47/48 | €3k | €0 | ▼ 100% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €40k | ▲ 111% |
| + Depreciation and write-downs630 | €127 | €4k | ▲ 3,058% |
| Operating cash flow (approximation) | €19k | €44k | ▲ 131% |
| Investment in fixed assets (approximation) | - | €-17k | - |
| Change in cash | - | €9k | - |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
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, Brugge · 1 establishment unit since 2023
Ground area
179 m²
Building footprint
64 m²
Volume, LiDAR
447 m³
Parcel 31807H0425/00R008, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
COGNETIX
since 20232.349.183.216
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31807H0425/00R008 | Flanders | 179 m² | 1 · 63 m² | 11.1 m · 3 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.
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 5,007 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
Founded05-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.