Financials
- Fiscal year
- 2025
- Total assets
- €119,875
- Loss
- -€4,907
- Solvency
- 2.6%
Total assets▼ 3.9%
Net result
20182025
IMMO - COGEST
ActiveSummary
The computed 12-month bankruptcy probability of IMMO - COGEST is 2.1% (moderate). The annual accounts of IMMO - COGEST for fiscal year 2025 show a net loss of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €3,160 and a net result of -€4,907. Equity is shrinking by ~19.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 14% of 8619 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201NACE 45211
#6 oldest company in Lincent1 site
Size
€119,875total assets 2025
- Equity
- €3,160
- Loss
- -€4,907
Turnover not published (abridged schema)
Structure
Accounts filed 61 d late0 of 2 deeds read
Why 51- Sector Construction of residential and non-residential buildings (NACE 41)- Latest accounts 61 days late; 2 of the last 3 late+ Founded in 1987+ Size: total assets €119,875Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 11% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
28-3
equity 2.6% of total assets
Liquidity
3-3
short-term debt 97.4% · cash 2.1%
Profitability
27+18
return on assets -4.1%
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● 0.0% vs 11-2024
01-2025: 0.4%▼ -0.7% vs 12-2024
02-2025: 0.4%● 0.0% vs 01-2025
03-2025: 0.4%▼ -0.7% vs 02-2025lowest value
04-2025: 0.4%▲ +0.7% vs 03-2025
05-2025: 0.4%▲ +6.6% vs 04-2025
06-2025: 0.4%▼ -2.3% vs 05-2025
07-2025: 0.5%▲ +27.3% vs 06-2025
08-2025: 0.7%▲ +23.4% vs 07-2025
09-2025: 2.6%▲ +284% vs 08-2025
10-2025: 2.6%● 0.0% vs 09-2025
11-2025: 2.6%● 0.0% vs 10-2025
12-2025: 2.6%● 0.0% vs 11-2025
01-2026: 2.6%▼ -1.4% vs 12-2025
02-2026: 2.6%● 0.0% vs 01-2026
03-2026: 2.5%▼ -0.5% vs 02-2026
04-2026: 2.6%▲ +1.0% vs 03-2026
05-2026: 2.5%▼ -1.6% vs 04-2026
06-2026: 2.5%▼ -2.5% vs 05-2026
07-2026: 2.7%▲ +8.3% vs 06-2026
08-2026: 3.4%▲ +27.1% vs 07-2026
09-2026: 3.6%▲ +7.3% vs 08-2026highest value
10-2026: 2.1%▼ -41.9% vs 09-2026
- Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
- Latest accounts 61 days late; 2 of the last 3 late raises the probability
- Founded in 1987 lowers the probability for this profile
- Size: total assets €119,875 lowers the probability for this profile
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.
Liquidity tight (current ratio 1.02 against 1.06 in 2024; short-term debt: 97.4% and cash: 2.1% of total assets), and 97.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 13%, liquidity 4%, profitability 19%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4,907
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 8619 sector peers (2025).
NBB · sector comparisonPosition among 8619 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
61 d late
2024
27 d late
2023
40 d late
2022
25 d late
2021
12 d late
2020
24 d late
2019
89 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 40 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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. Usually files around 27 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-09-2026Annual accounts filed
- 27-08-2025Annual accounts filed
- 09-09-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 23-11-1987
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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