COGNITECH
ActiveSummary
COGNITECH has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€123,164) and a net result of -€32,041. Equity is shrinking by ~40.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
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Signals
This company filed its last 3 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 7,657 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.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,320 | €21,993 | €27,162 | ▲ 23.5% |
| Gross operating margin9900 | -€40,315 | -€22,316 | -€4,740 | ▲ 78.8% |
| Operating profit (loss)9901 | -€51,635 | -€44,309 | -€31,902 | ▲ 28.0% |
| Financial income75/76B | - | €2,302 | - | - |
| Recurring financial income75 | - | €2,302 | - | - |
| Financial charges65/66B | €352 | €129 | €139 | ▲ 7.8% |
| Recurring financial charges65 | €352 | €129 | €139 | ▲ 7.8% |
| Profit (loss) for the period before taxes9903 | -€51,987 | -€42,136 | -€32,041 | ▲ 24.0% |
| Profit (loss) for the period9904 | -€51,987 | -€42,136 | -€32,041 | ▲ 24.0% |
| Profit (loss) for the period to be appropriated9905 | -€51,987 | -€42,136 | -€32,041 | ▲ 24.0% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €135,261 | €105,563 | €74,025 | ▼ 29.9% |
| Fixed assets21/28 | €64,455 | €103,151 | €73,639 | ▼ 28.6% |
| Intangible fixed assets21 | €63,805 | €102,501 | €73,639 | ▼ 28.2% |
| Financial fixed assets28 | €650 | €650 | - | - |
| Current assets29/58 | €70,806 | €2,412 | €386 | ▼ 84.0% |
| Amounts receivable within one year40/41 | €10,784 | €352 | €352 | = |
| Trade receivables40 | €2,525 | - | - | - |
| Other amounts receivable41 | €8,259 | €352 | €352 | = |
| Cash at bank and in hand54/58 | €60,022 | €2,060 | €34 | ▼ 98.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €135,261 | €105,563 | €74,025 | ▼ 29.9% |
| Equity10/15 | -€48,987 | -€91,123 | -€123,164 | ▼ 35.2% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€51,987 | -€94,123 | -€126,164 | ▼ 34.0% |
| Amounts payable17/49 | €184,248 | €196,686 | €197,189 | ▲ 0.3% |
| Amounts payable after more than one year17 | €135,000 | €185,000 | €185,000 | = |
| Financial debts170/4 | €135,000 | €185,000 | €185,000 | = |
| Amounts payable within one year42/48 | €49,248 | €11,686 | €12,189 | ▲ 4.3% |
| Trade debts44 | €21,503 | €2,186 | €2,689 | ▲ 23.0% |
| Suppliers440/4 | €21,503 | €2,186 | €2,689 | ▲ 23.0% |
| Other amounts payable47/48 | €27,745 | €9,500 | €9,500 | = |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€51,987 | -€42,136 | -€32,041 | ▲ 24.0% |
| + Depreciation and write-downs630 | €11,320 | €21,993 | €27,162 | ▲ 23.5% |
| Operating cash flow (approximation) | -€40,667 | -€20,143 | -€4,879 | ▲ 75.8% |
| Investment in fixed assets (approximation) | - | -€60,689 | €2,350 | ▲ 104% |
| Change in cash | - | -€57,962 | -€2,026 | ▲ 96.5% |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050D0237/00P004 | Wallonia | 2,494 m² | 1 · 185 m² | 6.0 m · 2 fl. |
Linked by address, not proof of ownership
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Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.