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COGNISPHERE

Active
Private limited companyfounded 20206 yrs activeTerhulpsesteenweg 177, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0747.953.736
Summary

The annual accounts of COGNISPHERE for fiscal year 2025 show a net loss of 293% of total assets and of 93% of the equity at the start of that year. The 2025 annual accounts show equity of €153 and a net result of -€1,893. Equity is shrinking by ~34.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 26% of 31896 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency49▼-51
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€1,893
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 29-07-2026, 2 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
2 d early
2024
41 d late
2023
37 d late
2022
20 d late
2021
75 d late
2020
92 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 44 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

COGNISPHERE was incorporated on 8 June 2020 as a Private limited company.1 Total assets fell from EUR 17,411 in 2020 to EUR 2,592 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2025, micro schema

Equity
€153▼ 92.5%
2024 · €2,046
Total assets
€645▼ 75.1%
2024 · €2,592
Net result
-€1,893▲ 61.9%
2024 · -€4,972
Working capital
€153▼ 92.5%
2024 · €2,046
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20212022202320242025
Operating result-€1,883-€2,868▼ 52.3%-€2,621▲ 8.6%-€4,948▼ 88.8%-€1,673▲ 66.2%
Net result-€1,963below the sector's middle half-€2,566below the sector's middle half▼ 30.7%-€2,921below the sector's middle half▼ 13.9%-€4,972below the sector's middle half▼ 70.2%-€1,893below the sector's middle half▲ 61.9%
Equity€12,505below the sector's middle half▼ 13.6%€9,939below the sector's middle half▼ 20.5%€7,018below the sector's middle half▼ 29.4%€2,046below the sector's middle half▼ 70.8%€153below the sector's middle half▼ 92.5%
Total assets€15,019below the sector's middle half▼ 13.7%€10,441below the sector's middle half▼ 30.5%€7,701below the sector's middle half▼ 26.2%€2,592below the sector's middle half▼ 66.3%€645below the sector's middle half▼ 75.1%
Debt€2,514▼ 14.6%€502▼ 80.0%€683▲ 35.9%€546▼ 20.1%€492▼ 9.9%
Working capital€13,661▼ 17.3%€9,939▼ 27.2%€7,018▼ 29.4%€2,046▼ 70.8%€153▼ 92.5%
Solvency83.3%above the sector's middle half▲ 0.2pp95.2%above the sector's middle half▲ 11.9pp91.1%above the sector's middle half▼ 4.1pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2021: -€1,883-€1,883Net result 2021: -€1,963-€1,963Operating result 2022: -€2,868-€2,868Net result 2022: -€2,566-€2,566Operating result 2023: -€2,621-€2,621Net result 2023: -€2,921-€2,921Operating result 2024: -€4,948-€4,948Net result 2024: -€4,972-€4,972Operating result 2025: -€1,673-€1,673Net result 2025: -€1,893-€1,89320212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€2,621-€2,620Net result 2023: -€2,921-€2,920Operating result 2024: -€4,948-€4,950Net result 2024: -€4,972-€4,970Operating result 2025: -€1,673-€1,670Net result 2025: -€1,893-€1,890202320242025
The operating result stays negative: a loss of €1,673 in 2025 against €4,948 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €645
Equity €153 ▼ 92.5%
Debt €492 ▼ 9.9%
Debt's share of the balance-sheet total rises from 21.1% to 76.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€492▼
2024 · €546
Ratios withheld: a balance sheet total of €645 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,136 companies that looked in July 2024 the way this one looks now, 5.9% went bankrupt within 24 months and 86% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
5.9% went bankrupt
6.6% stopped otherwise
86% still going

A further 1.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 1,136 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,592€645▼
Current assets29/58€2,592€645▼
Amounts receivable within one year40/41€1,930€530▼
Trade receivables40€0-
Other amounts receivable41€1,930€530▼
Cash at bank and in hand54/58€661€114▼
Equity and liabilities
Total equity and liabilities10/49€2,592€645▼
Equity10/15€2,046€153▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€7,954-€9,847▼
Amounts payable17/49€546€492▼
Amounts payable within one year42/48€546€492▼
Trade debts44€546€492▼
Suppliers440/4€546€492▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Income statement Code20242025
Other operating charges640/8€1,922€400▼
Gross operating margin9900-€3,026-€1,273▲
Operating profit (loss)9901-€4,948-€1,673▲
Financial income75/76B€153€0▼
Recurring financial income75€153€0▼
Financial charges65/66B€177€220▲
Recurring financial charges65€177€220▲
Profit (loss) for the period before taxes9903-€4,972-€1,893▲
Profit (loss) for the period9904-€4,972-€1,893▲
Profit (loss) for the period to be appropriated9905-€4,972-€1,893▲
Appropriation of the result
Profit (loss) to be appropriated9906-€7,954-€9,847▼
Profit (loss) brought forward from the previous period14P-€2,982-€7,954▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8---€1,922€400▼ 79.2%
Gross operating margin9900-€1,883-€2,868-€2,621-€3,026-€1,273▲ 57.9%
Operating profit (loss)9901-€1,883-€2,868-€2,621-€4,948-€1,673▲ 66.2%
Financial income75/76B-€535€171€153€0▼ 100%
Recurring financial income75-€535€171€153€0▼ 100%
Financial charges65/66B€81€233€472€177€220▲ 24.4%
Recurring financial charges65€81€233€472€177€220▲ 24.4%
Profit (loss) for the period before taxes9903-€1,963-€2,566-€2,921-€4,972-€1,893▲ 61.9%
Profit (loss) for the period9904-€1,963-€2,566-€2,921-€4,972-€1,893▲ 61.9%
Profit (loss) for the period to be appropriated9905-€1,963-€2,566-€2,921-€4,972-€1,893▲ 61.9%
Line20212022202320242025Change
Assets
Total assets20/58€15,019€10,441€7,701€2,592€645▼ 75.1%
Current assets29/58€15,019€10,441€7,701€2,592€645▼ 75.1%
Amounts receivable within one year40/41€10,125€10,053€4,862€1,930€530▼ 72.5%
Trade receivables40--€1,535€0--
Other amounts receivable41€10,125€10,053€3,327€1,930€530▼ 72.5%
Cash at bank and in hand54/58€4,894€388€2,838€661€114▼ 82.7%
Equity and liabilities
Total equity and liabilities10/49€15,019€10,441€7,701€2,592€645▼ 75.1%
Equity10/15€12,505€9,939€7,018€2,046€153▼ 92.5%
Contributions10/11€10,000€10,000€10,000€10,000€10,000=
Outside capital11€10,000€10,000€10,000---
Other1109/19€10,000€10,000€10,000---
Profit (loss) carried forward14€2,505-€61-€2,982-€7,954-€9,847▼ 23.8%
Amounts payable17/49€2,514€502€683€546€492▼ 9.9%
Amounts payable within one year42/48€1,358€502€683€546€492▼ 9.9%
Trade debts44€1,358€502€295€546€492▼ 9.9%
Suppliers440/4€1,358€502€295€546€492▼ 9.9%
Taxes, remuneration and social security45--€388€0--
Taxes450/3--€388€0--
Accrued charges and deferred income492/3€1,156-----
Line20212022202320242025Change
Profit (loss) for the period9904-€1,963-€2,566-€2,921-€4,972-€1,893▲ 61.9%
Operating cash flow (approximation)-€1,963-€2,566-€2,921-€4,972-€1,893▲ 61.9%
Change in cash--€4,506€2,450-€2,177-€547▲ 74.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
10-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
31-12
Financial Weakest financial yearnet -€4,972
Net result drops to -€4,972, the lowest in the series; recovery starts the following year.
06-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
20-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 20 days late
2022
14-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
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, Watermaal-Bosvoorde · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
6,361 m²
Building footprint
1,750 m²
Volume, LiDAR
28,457 m³
2 parcels, Brussels · tallest building 36.3 m, ±8 floors. Linked by address, not a title deed.
288 companies at this address See who is registered here
1 establishment unit
COGNISPHERE
Waterloosesteenweg 868, 1180 UkkelBusiness consulting
since 20202.304.498.284
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21652E0039/00H003 Brussels 5,127 m² 1 · 1,510 m² 36.3 m · 1 fl.
21612C0108/00C002 Brussels 1,233 m² 1 · 239 m² 25.0 m · 8 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 924 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
Founded08-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Not found in the Peppol register

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.