Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
COGEPA from Ranst, company number BE0404788720, closed financial year 2025 with a result of € 10,225 after tax. For that financial year COGEPA recorded a gross margin of € 55,467 and equity of € -344,735. Compared with financial year 2024, the result moved from € 6,876 to € 10,225. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -344,735
▲ € 10,225 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,225
▲ 49% vs 2024
Profit after tax over the fiscal year.
€ 2,033
▲ 281% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -493,535.
People and assets in 2025
€ 3,356
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 759,383
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 164,306
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,120
▼ 91% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,132 | € 42,131 | € 40,313 | € 55,467 | ▲ 38% |
| Profit after taxes | € 14,867 | € 13,746 | € 6,876 | € 10,225 | ▲ 49% |
| Equity | € -375,582 | € -361,835 | € -354,959 | € -344,735 | ▲ € 10,225 |
| Total debts | € 1,890,646 | € 1,499,185 | € 1,738,051 | € 1,409,050 | ▼ 19% |
| Cash | € 99 | € 9,936 | € 533 | € 2,033 | ▲ 281% |
| Retained profit | € -524,382 | € -510,635 | € -503,759 | € -493,535 | ▲ € 10,225 |
| Bank debt | € 782,485 | € 676,245 | € 743,808 | € 759,383 | ▲ 2% |
| Balance sheet total | € 1,515,064 | € 1,137,350 | € 1,383,092 | € 1,064,315 | ▼ 23% |
Key figures of COGEPA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to COGEPA?
What happened at COGEPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mathieu de Cock de Rameyen stepped down as director. NBB
- Damien de Cock de Rameyen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 10,225 (▲ 49% vs 2024). Source: NBB ↗
- Mathieu de Cock de Rameyen became a director. NBB
- Damien de Cock de Rameyen became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Ranst. KBO
In short
From € 14,867 profit in 2022 to € 10,225 profit in 2025.
Paid € 1,794 in corporate taxes since 2022.
Best year ever: 2022, with € 14,867 profit.
Management
The stake of Wallonie Entreprendre comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
COGEPAThe shares are held by Wallonie Entreprendre (17.6%). It owns 46% of Dapa itself.
Directors
According to the 2025 annual accounts
Shareholders
17.6%
Participations
46%
Establishments
Establishment units
Physical locations of this company
Vaartstraat 182
2520 Ranst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0404.788.720
- VAT number
- BE 0404.788.720
- Registered office
- Vaartstraat 182, 2520 Ranst
- Names & denominations
- COGEPA · Cogepa
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 1935
- Peppol
- Active · Active since 21 Nov 2025
- Contact
- cogepa.be
- Activities · NACE
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