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CoGreen

Active
Cooperative companyfounded 201313 yrs activeSimon Bolivarlaan 36, 1000 Brussel, BelgiumKBO/BCE: BE 0525.640.426
Summary

CoGreen has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.6m and a net result of €234,355. Equity remains stable across the filed fiscal years (±1.7% per year). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

What they do
Activity not known
How big
€5.2mtotal assets 2024
Equity
€4.6m
Profit
€234,355
Financially healthy?
82 Excellent Checked score 2024
Bankruptcy chance 12 m
0.5%
Who decides
Board
2 members
Accounts 38 d early2 of 32 deeds read
Why 82- No NACE activity registered- Higher-failure-rate region+ Lower-risk legal form+ Annual accounts: healthy financial profile+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability49▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €370,000 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 3.71 in 2023; short-term debt: 9.1% of total assets), and 10.4% of the assets are financed with debt.
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-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
89.6%
Return on assets
4.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
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 23-06-2026, 38 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
38 d early
2024
24 d early
2023
36 d early
2022
35 d early
2021
40 d early
2020
22 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 33 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 26 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 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
  1. Resignations: Maria Sas, Ann Naessens and…Appointments: Magali Comans (director) and…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Annual accounts filedfiscal year 2024 · full…

Financials

Fiscal year 2024Total assets €5.2mProfit €234,355Solvency 89.6%Liquidity 1.04
Total assets
€5.2m▼ 13.1%
2018 - 2024
Net result
€234,355▼ 33.1%
2018 - 2024
Equity
€4.6m▼ 16.1%
2018 - 2024
Solvency
89.6%▼ 3.2pp
2018 - 2024

Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet

Trend over the years7 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€0.03m▼ 40.7%-€0.02m▲ 23.8%-€0.02m▼ 18.7%-€0.03m▼ 11.6%-€0.02m▲ 28.2%
Net result€0.3m▲ 15.9%€0.2m▼ 26.3%€0.3m▲ 22.0%€0.4m▲ 40.1%€0.2m▼ 33.1%
Equity€5.3m▲ 21.4%€5.5m▲ 3.7%€5.5m▼ 0.7%€5.5m=€4.6m▼ 16.1%
Total assets€5.7m▲ 20.1%€5.9m▲ 3.5%€5.9m▼ 0.5%€5.9m▲ 1.3%€5.2m▼ 13.1%
Debt€0.3m▲ 2.8%€0.3m▲ 1.2%€0.3m▲ 2.6%€0.4m▲ 22.0%€0.5m▲ 25.7%
Working capital€1.0m▲ 779%€0.3m▼ 69.3%€0.02m▼ 93.7%€0.9m▲ 4,455%€0.02m▼ 98.0%
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000€400,000Operating result 2020: -€26,353-€26,353Net result 2020: €278,182€278,182Operating result 2021: -€20,078-€20,078Net result 2021: €204,893€204,893Operating result 2022: -€23,832-€23,832Net result 2022: €250,051€250,051Operating result 2023: -€26,606-€26,606Net result 2023: €350,359€350,359Operating result 2024: -€19,109-€19,109Net result 2024: €234,355€234,35520202021202220232024-€100,000€0€100,000€200,000€300,000€400,000Operating result 2022: -€23,832-€23,800Net result 2022: €250,051€250,000Operating result 2023: -€26,606-€26,600Net result 2023: €350,359€350,000Operating result 2024: -€19,109-€19,100Net result 2024: €234,355€234,000202220232024
The operating result stays negative: a loss of €19,109 in 2024 against €26,606 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.2m
Fixed assets €4.7m =
Current assets €487,007 ▼ 61.5%
Equity and liabilities €5.2m
Equity €4.6m ▼ 16.1%
Debt €535,063 ▲ 25.7%
Debt's share of the balance-sheet total rises from 7.2% to 10.4%. Equity is lower and debt is higher.
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
Current ratio
1.04▼
2023 · 3.71
Debt to equity
0.12▲
2023 · 0.08
ROE
5.1%▼
2023 · 6.4%
ROA
4.5%▼
2023 · 5.9%
Debt ≤ 1 year
€468,363▲
2023 · €340,868
Income taxes
€2,887▼
2023 · €16,158
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€5.9m€5.2m▼
Fixed assets21/28€4.7m€4.7m=
Financial fixed assets28€4.7m€4.7m=
Affiliated companies280/1€4.7m€4.7m=
Amounts receivable281€4.7m€4.7m=
Current assets29/58€1.3m€0.5m▼
Amounts receivable within one year40/41€1.3m€0.5m▼
Trade receivables40-€0.3m
Other amounts receivable41€1.3m€0.2m▼
Deferred charges and accrued income490/1€420€420=
Equity and liabilities
Total equity and liabilities10/49€5.9m€5.2m▼
Equity10/15€5.5m€4.6m▼
Contributions10/11€5.4m€4.5m▼
Reserves13€0.09m€0.1m▲
Non-distributable reserves130/1€0.09m€0.1m▲
Reserves not available under the articles1311€0.09m€0.1m▲
Profit (loss) carried forward14€0.05m€0.05m▼
Amounts payable17/49€0.4m€0.5m▲
Amounts payable within one year42/48€0.3m€0.5m▲
Trade debts44€0.02m€0.01m▼
Suppliers440/4€0.02m€0.01m▼
Taxes, remuneration and social security45€0.1m€0.07m▼
Taxes450/3€0.1m€0.07m▼
Other amounts payable47/48€0.2m€0.4m▲
Accrued charges and deferred income492/3€0.08m€0.07m▼
Income statement Code20232024
Operating charges60/66A€0.03m€0.02m▼
Services and other goods61€0.03m€0.02m▼
Other operating charges640/8€0.001m€0.001m▲
Operating profit (loss)9901-€0.03m-€0.02m▲
Financial income75/76B€0.4m€0.3m▼
Recurring financial income75€0.4m€0.3m▼
Income from financial fixed assets750€0.4m€0.2m▼
Income from current assets751€0.003m€0.03m▲
Other financial income752/9€0.02m€0.02m▼
Financial charges65/66B€0.001m€0.005m▲
Recurring financial charges65€0.001m€0.005m▲
Debt charges650€0.001m€0.004m▲
Other financial charges652/9€0.001m€0.001m▲
Profit (loss) for the period before taxes9903€0.4m€0.2m▼
Income taxes67/77€0.02m€0.003m▼
Taxes670/3€0.02m€0.003m▼
Profit (loss) for the period9904€0.4m€0.2m▼
Profit (loss) for the period to be appropriated9905€0.4m€0.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.4m€0.3m▼
Profit (loss) brought forward from the previous period14P€0.03m€0.05m▲
Transfer to equity691/2€0.02m€0.01m▼
To other reserves6921€0.02m€0.01m▼
Profit to be distributed694/7€0.3m€0.2m▼
Return on contributions (dividend)694€0.3m€0.2m▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating charges60/66A-€20,078€23,832€26,606€19,109▼ 28.2%
Services and other goods61-€19,210€22,964€25,646€18,142▼ 29.3%
Other operating charges640/8-€868€868€960€968▲ 0.8%
Operating profit (loss)9901-€26,353-€20,078-€23,832-€26,606-€19,109▲ 28.2%
Financial income75/76B-€247,207€268,306€394,306€261,289▼ 33.7%
Recurring financial income75€311,839€247,207€268,306€394,306€261,289▼ 33.7%
Income from financial fixed assets750-€228,002€247,257€370,114€216,856▼ 41.4%
Income from current assets751-€6€49€3,192€26,433▲ 728%
Other financial income752/9-€19,200€21,000€21,000€18,000▼ 14.3%
Financial charges65/66B-€1,157€1,035€1,183€4,938▲ 317%
Recurring financial charges65€604€1,157€1,035€1,183€4,938▲ 317%
Debt charges650€267€746€541€559€4,275▲ 665%
Other financial charges652/9-€411€494€624€663▲ 6.2%
Profit (loss) for the period before taxes9903€284,882€225,972€243,438€366,516€237,242▼ 35.3%
Income taxes67/77€6,700€21,079-€6,612€16,158€2,887▼ 82.1%
Taxes670/3-€21,079-€16,158€2,887▼ 82.1%
Tax adjustments and reversals of tax provisions77--€6,612---
Profit (loss) for the period9904€278,182€204,893€250,051€350,359€234,355▼ 33.1%
Profit (loss) for the period to be appropriated9905€278,182€204,893€250,051€350,359€234,355▼ 33.1%
Line20202021202220232024Change
Assets
Total assets20/58€5.7m€5.9m€5.9m€5.9m€5.2m▼ 13.1%
Fixed assets21/28€4.4m€5.3m€5.6m€4.7m€4.7m=
Financial fixed assets28€4.4m€5.3m€5.6m€4.7m€4.7m=
Affiliated companies280/1-€5.3m€5.6m€4.7m€4.7m=
Amounts receivable281-€5.3m€5.6m€4.7m€4.7m=
Current assets29/58€1.3m€0.6m€0.3m€1.3m€0.5m▼ 61.5%
Amounts receivable within one year40/41€1.3m€0.6m€0.3m€1.3m€0.5m▼ 61.5%
Trade receivables40----€0.3m-
Other amounts receivable41-€0.6m€0.3m€1.3m€0.2m▼ 82.8%
Deferred charges and accrued income490/1-€0.001m€0.001m€420€420=
Equity and liabilities
Total equity and liabilities10/49€5.7m€5.9m€5.9m€5.9m€5.2m▼ 13.1%
Equity10/15€5.3m€5.5m€5.5m€5.5m€4.6m▼ 16.1%
Contributions10/11-€5.5m€5.4m€5.4m€4.5m▼ 16.7%
Reserves13€0.05m€0.06m€0.08m€0.09m€0.1m▲ 12.4%
Non-distributable reserves130/1-€0.06m€0.08m€0.09m€0.1m▲ 12.4%
Reserves not available under the articles1311-€0.06m€0.08m€0.09m€0.1m▲ 12.4%
Profit (loss) carried forward14€0.05m€0.03m€0.03m€0.05m€0.05m▼ 10.1%
Amounts payable17/49€0.3m€0.3m€0.3m€0.4m€0.5m▲ 25.7%
Amounts payable within one year42/48€0.3m€0.2m€0.2m€0.3m€0.5m▲ 37.4%
Trade debts44€0.006m€0.02m€0.003m€0.02m€0.01m▼ 36.9%
Suppliers440/4-€0.02m€0.003m€0.02m€0.01m▼ 36.9%
Taxes, remuneration and social security45-€0.1m€0.07m€0.1m€0.07m▼ 34.3%
Taxes450/3-€0.1m€0.07m€0.1m€0.07m▼ 34.3%
Other amounts payable47/48-€0.06m€0.2m€0.2m€0.4m▲ 79.9%
Accrued charges and deferred income492/3-€0.1m€0.1m€0.08m€0.07m▼ 21.3%
Line20202021202220232024Change
Profit (loss) for the period9904€278,182€204,893€250,051€350,359€234,355▼ 33.1%
Operating cash flow (approximation)€278,182€204,893€250,051€350,359€234,355▼ 33.1%
Investment in fixed assets (approximation)--€952,000-€258,125€925,000€0▼ 100%

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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Board & ownership

2 directors

Directors

Directors
2 directors, last change in 2026
Magali Comans
Director · since 24-08-2026
Current
Sylvie Myngheer
Director · since 24-08-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
30 of this company's 32 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Mandate history

5 people since 2026, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Magali Comans
  • Director, from 24-08-2026 to date
Sylvie Myngheer
  • Director, from 24-08-2026 to date
Ann Naessens
  • Director, until 24-08-2026
  • Director, until 24-08-2026
Lionel Matthysen
  • Director, until 24-08-2026
  • Director, until 24-08-2026
Maria Sas
  • Director, until 24-08-2026
  • Director, until 24-08-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Timeline

15 eventsLatest 24-08-2026Next filing 31-07-2027

History

On 2 April 2013, CoGreen was incorporated.1 Of the 2 current board members, Magali Comans has served longest, since 2026.2 Total assets went from €5.3m in 2018 to €5.2m in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 24-08-2026
  3. 3National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-08
State Gazette act Resignations: Maria Sas, Ann Naessens and Lionel Matthysen
Appointments: Magali Comans (director) and Sylvie Myngheer (director)6 facts ▸
  • General meeting, 19-06-2026
  • Director resignation, Maria Sas (director)
  • Director resignation, Ann Naessens (director)
  • Director resignation, Lionel Matthysen (director)
  • Director appointment, Magali Comans (director)
  • Director appointment, Sylvie Myngheer (director)
23-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
07-07
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema
2024
25-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
25-06
NBB filing Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial Highest result since 2018net €350,359 ▲40.1%
Net result €350,359, the highest in the series.
31-12
Financial Liquidity triplescurrent ratio 3.71
Current ratio from 1.08 to 3.71.
26-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
26-06
NBB filing Annual accounts filed
fiscal year 2022 · unclassified schema
2022
21-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
21-06
NBB filing Annual accounts filed
fiscal year 2021 · unclassified schema
Show earlier events
2021
09-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Liquidity triplescurrent ratio 5.10
Current ratio from 1.51 to 5.10.
31-12
Financial Equity above €5mEq €5.3m ▲21.4%
3 profitable years in a row build equity to €5.3m.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
2 of 32 acts read
About the unread acts

Of the 32 Belgian State Gazette acts we know for this company, 2 have been read. The other 30 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Cooperative company · founded 02-04-2013Year ends 31-12Peppol reachable

Register details

Identification
Legal formCooperative company
Founded02-04-2013
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0525640426
Also 9925:BE0525640426
Registered 30-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Brussel
exact location from the address register On OpenStreetMap
Ground area
5,799 m²
Building footprint
2,489 m²
Volume, LiDAR
131,585 m³
Parcel 21813D0439/00P009, Brussels · tallest building 64.0 m, ±19 floors. Linked by address, not a title deed.
50 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21813D0439/00P009 Brussels 5,799 m² 1 · 2,489 m² 64.0 m · 19 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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