Cognitize (0700.781.052): financials and annual accounts

Cognitize

Berlare ·KBO/BCE: BE 0700.781.052

Line	2025	2024	2023	2022	2021	2020	2019
Balance sheet: assets
Total assets`20/58`	166,140	131,622	150,418	151,956	141,878	148,415	103,283
Fixed assets`21/28`	25,654	6,386	3,762	10,370	18,107	26,228	38,283
Intangible fixed assets`21`	17,954	715	-	-	-	-	-
Tangible fixed assets`22/27`	7,701	5,671	3,762	10,370	18,107	26,228	38,283
Furniture and vehicles`24`	3,115	5,047	2,910	9,291	18,107	26,228	38,283
Other tangible fixed assets`26`	4,585	624	852	1,079	-	-	-
Current assets`29/58`	140,486	125,236	146,656	141,585	123,770	122,187	65,000
Amounts receivable within one year`40/41`	34,278	11,772	6,916	3,257	17,289	14,641	10,378
Trade receivables`40`	31,508	9,002	3,146	0	15,919	14,641	8,652
Other amounts receivable`41`	2,770	2,770	3,770	3,257	1,370	0	1,727
Cash at bank and in hand`54/58`	104,499	109,946	138,164	135,174	104,515	106,041	53,153
Deferred charges and accrued income`490/1`	1,708	3,518	1,576	3,154	1,967	1,505	1,469
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	166,140	131,622	150,418	151,956	141,878	148,415	103,283
Equity`10/15`	140,223	60,520	60,520	78,120	78,120	62,703	39,886
Contributions`10/11`	1,000	1,000	1,000	18,600	18,600	18,600	18,600
Issued capital`100`	-	-	-	-	-	-	18,600
Reserves`13`	139,223	59,520	59,520	59,520	59,520	44,103	21,286
Non-distributable reserves`130/1`	-	-	0	1,860	1,860	1,860	-
Legal reserve`130`	-	-	-	-	-	-	1,105
Reserves not available under the articles`1311`	-	-	0	1,860	1,860	1,860	-
Distributable reserves`133`	139,223	59,520	59,520	57,660	57,660	42,243	20,181
Profit (loss) carried forward`14`	0	0	0	0	0	-	-
Amounts payable`17/49`	25,918	71,102	89,898	73,836	63,758	85,712	63,397
Amounts payable after more than one year`17`	0	862	11,131	21,257	31,243	50,000	-
Financial debts`170/4`	0	862	11,131	21,257	31,243	50,000	-
Amounts payable within one year`42/48`	25,918	70,240	78,767	52,579	32,515	34,312	62,653
Current portion of amounts payable after more than one year`42`	862	10,269	10,126	9,986	9,848	-	-
Trade debts`44`	1,114	1,155	3,027	1,608	1,746	1,895	10
Suppliers`440/4`	1,114	1,155	3,027	1,608	1,746	1,895	10
Taxes, remuneration and social security`45`	18,940	17,963	13,825	6,735	20,144	30,529	10,294
Taxes`450/3`	18,940	17,963	13,825	6,735	15,924	25,914	10,294
Remuneration and social security`454/9`	-	-	-	0	4,220	4,615	-
Other amounts payable`47/48`	5,001	40,853	51,788	34,249	777	1,888	52,350
Accrued charges and deferred income`492/3`	-	-	-	-	0	1,400	744
Income statement
Gross operating margin`9900`	112,909	64,038	57,834	81,761	74,704	72,325	60,265
Remuneration, social security and pensions`62`	-	-	0	11,851	31,494	17,636	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	5,056	1,874	7,876	11,183	12,025	12,055	19,410
Other operating charges`640/8`	887	864	849	7,979	7,952	7,599	9,000
Operating profit (loss)`9901`	106,965	61,300	49,109	50,748	23,233	35,035	31,855
Financial income`75/76B`	594	391	288	0	0	0	-
Recurring financial income`75`	594	391	288	0	0	0	-
Financial charges`65/66B`	463	470	627	706	757	1,835	808
Recurring financial charges`65`	463	470	627	706	757	1,835	808
Profit (loss) for the period before taxes`9903`	107,097	61,221	48,770	50,043	22,476	33,200	31,046
Income taxes`67/77`	27,394	16,452	10,672	10,806	7,059	9,583	8,949
Profit (loss) for the period`9904`	79,703	44,769	38,098	39,236	15,417	23,617	22,098
Profit (loss) for the period to be appropriated`9905`	79,703	44,769	38,098	39,236	15,417	23,617	22,098
Appropriation of the result
Profit (loss) to be appropriated`9906`	79,703	44,769	38,098	39,236	15,417	23,617	22,098
Transfer to equity`691/2`	79,703	-	-	0	15,417	22,817	21,286
To the legal reserve`6920`	-	-	-	-	0	755	1,105
To other reserves`6921`	79,703	-	-	0	15,417	22,062	20,181
Profit to be distributed`694/7`	0	44,769	38,098	39,236	0	800	812
Return on contributions (dividend)`694`	0	44,769	38,098	39,236	0	800	812
Social balance sheet
Average staff (FTE)`9087`	-	-	0	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	31-08-2026	2026-00497468	PDF
31-12-2024	abbreviated format	30-07-2025	2025-00334066	PDF
31-12-2023	abbreviated format	31-07-2024	2024-00308718	PDF
31-12-2022	abbreviated format	31-07-2023	2023-00307419	PDF
31-12-2021	abbreviated format	29-07-2022	2022-20247321	PDF
31-12-2020	abbreviated format	29-06-2021	2021-26800138	PDF
31-12-2019	abbreviated format	22-07-2020	2020-32500054	PDF

Line	2025	2024	2023	2022	2021	2020	2019
EBITDA	112,021	63,174	56,985	61,931	35,258	47,090	51,265
Cash flow	84,759	46,643	45,974	50,420	27,442	35,672	41,508
Investment in fixed assets (approximation)	24,325	4,498	1,268	3,446	3,904	0	55,124
Change in cash	-5,446	-28,218	2,990	30,659	-1,526	52,888	-
Working capital	114,568	54,996	67,889	89,006	91,256	87,875	2,347
Solvency	84.4%	46.0%	40.2%	51.4%	55.1%	42.2%	38.6%
Current ratio	5.42	1.78	1.86	2.69	3.81	3.56	1.04
Debt to equity	0.18	1.17	1.49	0.95	0.82	1.37	1.59
ROE	56.8%	74.0%	63.0%	50.2%	19.7%	37.7%	55.4%
ROA	48.0%	34.0%	25.3%	25.8%	10.9%	15.9%	21.4%
Interest coverage	over 100	over 100	90.94	87.78	46.56	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€4,619	€3,648	€1,268	€3,446	€3,904
Intangible fixed assets	€19,706	€850	-	-	-
Depreciation and write-downs of the year	€5,056	€1,874	€7,876	€11,183	€12,025

Cognitize

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency84.4%

Current ratio5.42

Return on assets48.0%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on Cognitize

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