Financials
Financial year 2025
COGESI from Namur, company number BE0414584730, closed financial year 2025 with a result of € 1,901 after tax. For that financial year COGESI recorded a gross margin of € 987,185 and equity of € 4.7 million. Compared with financial year 2024, the result moved from € 60,289 to € 1,901. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 4.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,901
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 879,453
▲ € 817,072 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 € 4.1 million.
People and assets in 2025
5.1
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 286,051
▼ 13% vs 2024
€ 56,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 51,782
▼ 42% vs 2024
Of which on lease € 19,957.
Debts at end 2025
€ 2.3 million
▼ 23% vs 2024
€ 252,985 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 83,984
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57,250
▼ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 913,194 | € 972,307 | € 1,061,707 | € 987,185 | ▼ 7% |
| Profit after taxes | € 43,852 | € 22,226 | € 60,289 | € 1,901 | ▼ 97% |
| Equity | € 4,607,768 | € 4,629,994 | € 4,690,283 | € 4,692,184 | |
| Total debts | € 4,510,386 | € 4,686,072 | € 5,348,041 | € 4,577,407 | ▼ 14% |
| Cash | € 538,642 | € 210,872 | € 62,382 | € 879,453 | ▲ € 817,072 |
| Land & buildings | € 5,502,133 | € 5,863,398 | € 5,602,504 | € 5,345,393 | ▼ 5% |
| Retained profit | € 4,007,768 | € 4,029,994 | € 4,090,283 | € 4,092,184 | |
| Bank debt | € 1,892,809 | € 2,096,875 | € 3,029,685 | € 2,341,094 | ▼ 23% |
| Balance sheet total | € 9,159,907 | € 9,353,883 | € 10,072,038 | € 9,299,284 | ▼ 8% |
| Employees (FTE) | 4.8 | 3.8 | 4.1 | 5.1 | ▲ 1 |
Key figures of COGESI, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to COGESI?
What happened at COGESI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Florence LOUIS stepped down as director. NBB
- Pierre LOUIS stepped down as director. NBB
- Rita MAILLARD stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1,901 (▼ 97% vs 2024). Source: NBB ↗
- Florence LOUIS became a director. NBB
- Pierre LOUIS became a director. NBB
- Rita MAILLARD became a director. NBB
- New establishment in Namur. KBO
In short
From € 43,852 profit in 2022 to € 1,901 profit in 2025.
Paid € 81,694 in corporate taxes since 2022.
Best year ever: 2024, with € 60,289 profit.
On average € 193,600 of value added per employee in 2025.
Management
It owns 11% of Ferme du Château de Wasseiges SA itself.
Directors
According to the 2025 annual accounts
Florence LOUIS
Director
since 2020 · until 2026
Pierre LOUIS
Director
since 2020 · until 2026
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Avenue de la Pairelle 12 box 1er
5000 Namur
Avenue de la Pairelle 12
5000 Namur
Active since 16 November 1974
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0414.584.730
- VAT number
- BE 0414.584.730
- Registered office
- Avenue de la Pairelle 12 bus 1er, 5000 Namur
- Names & denominations
- COGESI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 1974
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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