Equity
€95,279 ▲ 61.3%
COGNETIX has made a profit in every financial year since 2023.
COGNETIX
Lifetime
3 annual accounts with figures on one time axispeak €54,441 (2024)
€49,409▼ 9.2%
peak €40,035 (2024)
€36,203▼ 9.6%
peak €95,279 (2025)
€95,279▲ 61.3%
€28,033▲ 45.0%
Board1 name since 2023
1 directorKUZNECOVS Maksims
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Equity from €59,076 to €95,279Debts from €19,338 to €28,033Cash from €19,006 to €34,235
Key points
from the 2025 annual accountsChecked score
98
Excellent
Financially stronger than 81% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
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: 0.1%● unchanged vs 06-2025highest value
08-2025: 0.1%● unchanged 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%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 3.90, cash €34,235
Equity €95,279 (77.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 71, micro). It does better than 87% of them on solvency, 65% on liquidity, 88% on profitability and 85% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as COGNETIX has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of COGNETIX itself is lower: < 0.1% within 12 months. It rests on far more data about COGNETIX than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for COGNETIX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.9 (3.18 in 2024), above the usual 1.5. Short-term debt is 22.7% and cash 27.8% of total assets. 22.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
32 days early
2024
29 days early
2023
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 28 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · 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 2 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0805468006
Incorporation
Founding capital of €100 · Founder: KUZNECOVS Maksims · Appointment: KUZNECOVS Maksims (director) · published on 07-09-2023 · Gazette deed
First establishment
Koolkerkse Steenweg 53, Bruges
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COGNETIX Bruges | €123,312 | €49,409 | 77.3% | - |
| JENKO VANHOUTTE Avelgem | €111,151 | €46,016 | 54.4% | - |
| VW TechnX Ardooie | €136,316 | €54,226 | 67.7% | - |
| De Munck Middelkerke | €113,731 | €56,581 | 90.6% | - |
| Birger Nevejans Engineering Heuvelland | €131,485 | €46,541 | 30.0% | - |
| SAP PROJECTS Torhout | €118,466 | €61,458 | 80.5% | - |
| VIADY Welkenraedt | €124,405 | €50,052 | 55.2% | - |
These companies have the same main activity as COGNETIX: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €111,000 and €136,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 05-09-2023Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.349.183.2168000 Bruges, since 05-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 01-12-2025
Annual accounts 2025
- €123,312▲ 57.3%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on COGNETIX
COGNETIX files the micro format. That format states no turnover. The gross margin rose from €23,892 in 2023 to €49,409 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COGNETIX
- What is the company number of COGNETIX?
- The company number of COGNETIX is 0805.468.006. The VAT number is the same number with BE in front: BE 0805.468.006.
- Where is COGNETIX based?
- The registered office is at Koolkerkse Steenweg 53, 8000 Bruges.Company details
- What does COGNETIX do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of COGNETIX?
- COGNETIX is a private limited company (BV).
- When was COGNETIX founded?
- COGNETIX was founded on 05-09-2023.
- Is COGNETIX still active?
- Yes, COGNETIX is an active enterprise in the KBO register.
- What is the turnover of COGNETIX?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €49,409 and 32 comparable companies (NACE 71121). It probably lies between €98,000 and €200,000.Financials
- Is COGNETIX profitable?
- In financial year 2025, COGNETIX made a profit of €36,203.
- Where can I find the annual accounts of COGNETIX?
- COGNETIX filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COGNETIX due?
- COGNETIX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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