CoGreen
ActiveSummary
CoGreen has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.5m and a net result of €179,885. Equity remains stable across the filed financial years (±0.9% per year). The computed 12-month bankruptcy probability is 0.7% (low).
Financials · financial year 2025, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€179,885▼ 23.2%
2024 · €234,355
Working capital
-€82,656
2024 · €18,644
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €21,453 in 2025 against €19,109 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.02m
2025
Net result€0.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€4.8m
2025
Equity€4.5m
2025
Debt€0.3m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.08m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.02m--€0.02m▲ 0.7%-€0.03m▼ 40.7%-€0.02m▲ 23.8%-€0.02m▼ 18.7%-€0.03m▼ 11.6%-€0.02m▲ 28.2%-€0.02m▼ 12.3%
Net result€0.2m-€0.2m▲ 24.6%€0.3m▲ 15.9%€0.2m▼ 26.3%€0.3m▲ 22.0%€0.4m▲ 40.1%€0.2m▼ 33.1%€0.2m▼ 23.2%
Equity€4.1m-€4.4m▲ 7.8%€5.3m▲ 21.4%€5.5m▲ 3.7%€5.5m▼ 0.7%€5.5m=€4.6m▼ 16.1%€4.5m▼ 1.8%
Total assets€5.3m-€4.7m▼ 10.4%€5.7m▲ 20.1%€5.9m▲ 3.5%€5.9m▼ 0.5%€5.9m▲ 1.3%€5.2m▼ 13.1%€4.8m▼ 5.8%
Debt€1.2m-€0.3m▼ 72.7%€0.3m▲ 2.8%€0.3m▲ 1.2%€0.3m▲ 2.6%€0.4m▲ 22.0%€0.5m▲ 25.7%€0.3m▼ 40.7%
Working capital€0.1m-€0.1m▼ 9.8%€1.0m▲ 779%€0.3m▼ 69.3%€0.02m▼ 93.7%€0.9m▲ 46×€0.02m▼ 98.0%-€0.08m
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.8m
Fixed assets
€4.7m =
Current assets
€186,028 ▼ 61.8%
Equity and liabilities €4.8m
Equity
€4.5m ▼ 1.8%
Debt
€317,384 ▼ 40.7%
Debt's share of the balance-sheet total falls from 10.4% to 6.5%. Equity and debt are lower.
Key figures and ratios
Current ratio
0.69▼
2024 · 1.04
Debt to equity
0.07▼
2024 · 0.12
ROE
4.0%▼
2024 · 5.1%
ROA
3.7%▼
2024 · 4.5%
Debt ≤ 1 year
€268,684▼
2024 · €468,363
Income taxes
€530▼
2024 · €2,887
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | - | - | - | €71 | - |
| Non-recurring operating income76A | - | - | - | - | - | - | - | €71 | - |
| Operating charges60/66A | - | - | - | €20,078 | €23,832 | €26,606 | €19,109 | €21,524 | ▲ 12.6% |
| Services and other goods61 | - | - | - | €19,210 | €22,964 | €25,646 | €18,142 | €20,525 | ▲ 13.1% |
| Other operating charges640/8 | - | - | - | €868 | €868 | €960 | €968 | €998 | ▲ 3.2% |
| Operating profit (loss)9901 | -€18,866 | -€18,733 | -€26,353 | -€20,078 | -€23,832 | -€26,606 | -€19,109 | -€21,453 | ▼ 12.3% |
| Financial income75/76B | - | - | - | €247,207 | €268,306 | €394,306 | €261,289 | €204,540 | ▼ 21.7% |
| Recurring financial income75 | €212,658 | €260,478 | €311,839 | €247,207 | €268,306 | €394,306 | €261,289 | €204,540 | ▼ 21.7% |
| Income from financial fixed assets750 | - | - | - | €228,002 | €247,257 | €370,114 | €216,856 | €185,608 | ▼ 14.4% |
| Income from current assets751 | - | - | - | €6 | €49 | €3,192 | €26,433 | €932 | ▼ 96.5% |
| Other financial income752/9 | - | - | - | €19,200 | €21,000 | €21,000 | €18,000 | €18,000 | = |
| Financial charges65/66B | - | - | - | €1,157 | €1,035 | €1,183 | €4,938 | €2,672 | ▼ 45.9% |
| Recurring financial charges65 | €1,126 | €618 | €604 | €1,157 | €1,035 | €1,183 | €4,938 | €2,672 | ▼ 45.9% |
| Debt charges650 | €537 | €217 | €267 | €746 | €541 | €559 | €4,275 | €2,155 | ▼ 49.6% |
| Other financial charges652/9 | - | - | - | €411 | €494 | €624 | €663 | €518 | ▼ 21.9% |
| Profit (loss) for the period before taxes9903 | €192,666 | €241,126 | €284,882 | €225,972 | €243,438 | €366,516 | €237,242 | €180,415 | ▼ 24.0% |
| Income taxes67/77 | - | €1,010 | €6,700 | €21,079 | -€6,612 | €16,158 | €2,887 | €530 | ▼ 81.6% |
| Taxes670/3 | - | - | - | €21,079 | - | €16,158 | €2,887 | €530 | ▼ 81.6% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €6,612 | - | - | - | - |
| Profit (loss) for the period9904 | €192,666 | €240,116 | €278,182 | €204,893 | €250,051 | €350,359 | €234,355 | €179,885 | ▼ 23.2% |
| Profit (loss) for the period to be appropriated9905 | €192,666 | €240,116 | €278,182 | €204,893 | €250,051 | €350,359 | €234,355 | €179,885 | ▼ 23.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5.3m | €4.7m | €5.7m | €5.9m | €5.9m | €5.9m | €5.2m | €4.8m | ▼ 5.8% |
| Fixed assets21/28 | €4.0m | €4.4m | €4.4m | €5.3m | €5.6m | €4.7m | €4.7m | €4.7m | = |
| Financial fixed assets28 | €4.0m | €4.4m | €4.4m | €5.3m | €5.6m | €4.7m | €4.7m | €4.7m | = |
| Affiliated companies280/1 | - | - | - | €5.3m | €5.6m | €4.7m | €4.7m | €4.7m | = |
| Amounts receivable281 | - | - | - | €5.3m | €5.6m | €4.7m | €4.7m | €4.7m | = |
| Current assets29/58 | €1.2m | €0.4m | €1.3m | €0.6m | €0.3m | €1.3m | €0.5m | €0.2m | ▼ 61.8% |
| Amounts receivable within one year40/41 | €1.2m | €0.3m | €1.3m | €0.6m | €0.3m | €1.3m | €0.5m | €0.2m | ▼ 61.8% |
| Trade receivables40 | - | - | - | - | - | - | €0.3m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €0.6m | €0.3m | €1.3m | €0.2m | €0.2m | ▼ 14.4% |
| Cash at bank and in hand54/58 | - | €0.07m | - | - | - | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €420 | €420 | €323 | ▼ 23.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5.3m | €4.7m | €5.7m | €5.9m | €5.9m | €5.9m | €5.2m | €4.8m | ▼ 5.8% |
| Equity10/15 | €4.1m | €4.4m | €5.3m | €5.5m | €5.5m | €5.5m | €4.6m | €4.5m | ▼ 1.8% |
| Contributions10/11 | €4.0m | €4.3m | - | €5.5m | €5.4m | €5.4m | €4.5m | €4.4m | ▼ 1.8% |
| Reserves13 | €0.03m | €0.04m | €0.05m | €0.06m | €0.08m | €0.09m | €0.1m | €0.1m | ▲ 8.5% |
| Non-distributable reserves130/1 | - | - | - | €0.06m | €0.08m | €0.09m | €0.1m | €0.1m | ▲ 8.5% |
| Reserves not available under the articles1311 | - | - | - | €0.06m | €0.08m | €0.09m | €0.1m | €0.1m | ▲ 8.5% |
| Profit (loss) carried forward14 | €0.01m | €0.03m | €0.05m | €0.03m | €0.03m | €0.05m | €0.05m | €0.04m | ▼ 22.4% |
| Amounts payable17/49 | €1.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | €0.5m | €0.3m | ▼ 40.7% |
| Amounts payable within one year42/48 | €1.1m | €0.2m | €0.3m | €0.2m | €0.2m | €0.3m | €0.5m | €0.3m | ▼ 42.6% |
| Trade debts44 | €0.005m | €0.02m | €0.006m | €0.02m | €0.003m | €0.02m | €0.01m | €0.02m | ▲ 33.4% |
| Suppliers440/4 | - | - | - | €0.02m | €0.003m | €0.02m | €0.01m | €0.02m | ▲ 33.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.07m | €0.1m | €0.07m | €0.06m | ▼ 19.1% |
| Taxes450/3 | - | - | - | €0.1m | €0.07m | €0.1m | €0.07m | €0.06m | ▼ 19.1% |
| Other amounts payable47/48 | - | - | - | €0.06m | €0.2m | €0.2m | €0.4m | €0.2m | ▼ 49.3% |
| Accrued charges and deferred income492/3 | - | - | - | €0.1m | €0.1m | €0.08m | €0.07m | €0.05m | ▼ 27.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €192,666 | €240,116 | €278,182 | €204,893 | €250,051 | €350,359 | €234,355 | €179,885 | ▼ 23.2% |
| Operating cash flow (approximation) | €192,666 | €240,116 | €278,182 | €204,893 | €250,051 | €350,359 | €234,355 | €179,885 | ▼ 23.2% |
| Investment in fixed assets (approximation) | - | -€330,750 | €0 | -€952,000 | -€258,125 | €925,000 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 23-06-2026 | 2026-00219968 |
| 31-12-2024 | full format | 07-07-2025 | 2025-00261447 |
| 31-12-2024 | unclassified schema | 07-07-2025 | 2025-00261453 |
| 31-12-2023 | full format | 25-06-2024 | 2024-00199129 |
| 31-12-2023 | unclassified schema | 25-06-2024 | 2024-00199128 |
| 31-12-2022 | full format | 26-06-2023 | 2023-00159495 |
| 31-12-2022 | unclassified schema | 26-06-2023 | 2023-00159530 |
| 31-12-2021 | full format | 21-06-2022 | 2022-20091912 |
| 31-12-2021 | unclassified schema | 21-06-2022 | 2022-20145274 |
| 31-12-2020 | full format | 09-07-2021 | 2021-34300404 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.