What does COGESTIM do?

COGESTIM is a property manager in Liège. Private Limited, started on 18 December 2014, 1 establishment.

What is the address of COGESTIM?

The registered office of COGESTIM is located at Rue Natalis 2, 4020 Liège.

Is COGESTIM still active?

Yes. According to the CBE (29 October 2026) COGESTIM is active, legal situation “Normale toestand”, started on 18 December 2014.

Is COGESTIM registered on Peppol?

No, COGESTIM is currently not registered on the Peppol network.

What is the enterprise number of COGESTIM?

The enterprise number of COGESTIM is BE0506972973.

When was COGESTIM founded?

COGESTIM was founded on 18 December 2014.

Who are the directors of COGESTIM?

According to the 2025 annual accounts, the directors of COGESTIM are: VALERIE CONRADT, PIERRE-RENAUD BORREMANS.

Is COGESTIM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 December 2014; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did COGESTIM make in 2025?

COGESTIM posted a profit after taxes of € 156,571 in financial year 2025.

What is the revenue of COGESTIM?

As a small company, COGESTIM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 416,442.

COGESTIM (Private Limited) - Liège - BE0506972973

Dossier COGESTIM, printed on 29 October 2026 from databakkes.be/en/0506972973/cogestim. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

58 other companies have their registered office at the same address; threshold 10.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

COGESTIM from Liège, company number BE0506972973, closed financial year 2025 with a result of € 156,571 after tax. For that financial year COGESTIM recorded a gross margin of € 416,442 and equity of € 13,987. Compared with financial year 2024, the result moved from € 85,273 to € 156,571. Profitable, and profit is growing. The buffer shrank hard: equity is 76 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.

What it is worth Shrank hard

€ 13,987

▼ 76% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 156,571

▲ 84% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 206,652

▲ 142% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 200,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Wage cost

€ 196,709

▲ 28% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 21,965

▼ 25% vs 2024

Of which on lease € 16,905.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 17,300

▼ 24% vs 2024

€ 6,831 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 20,303

▲ 300% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 22,238

▼ 45% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	€ 360,513 Revenue 2023: € 360,513 First fiscal year in the series	-	-
Gross margin	€ 154,683 Gross margin 2022: € 154,683 First fiscal year in the series	€ 224,546 Gross margin 2023: € 224,546 ▲ 45% vs 2022 (€ 154,683) Favourable step	€ 313,790 Gross margin 2024: € 313,790 ▲ 40% vs 2023 (€ 224,546) Favourable step	€ 416,442 Gross margin 2025: € 416,442 ▲ 33% vs 2024 (€ 313,790) Favourable step	▲ 33%
Profit after taxes	€ 16,096 Profit after taxes 2022: € 16,096 First fiscal year in the series	€ 67,070 Profit after taxes 2023: € 67,070 ▲ € 50,974 vs 2022 (€ 16,096) Favourable step	€ 85,273 Profit after taxes 2024: € 85,273 ▲ 27% vs 2023 (€ 67,070) Favourable step	€ 156,571 Profit after taxes 2025: € 156,571 ▲ 84% vs 2024 (€ 85,273) Favourable step	▲ 84%
Equity	€ 15,074 Equity 2022: € 15,074 First fiscal year in the series	€ 32,144 Equity 2023: € 32,144 ▲ 113% vs 2022 (€ 15,074) Favourable step	€ 57,416 Equity 2024: € 57,416 ▲ 79% vs 2023 (€ 32,144) Favourable step	€ 13,987 Equity 2025: € 13,987 ▼ 76% vs 2024 (€ 57,416) Unfavourable step	▼ 76%
Total debts	€ 103,866 Total debts 2022: € 103,866 First fiscal year in the series	€ 139,136 Total debts 2023: € 139,136 ▲ 34% vs 2022 (€ 103,866) Unfavourable step	€ 128,337 Total debts 2024: € 128,337 ▼ 8% vs 2023 (€ 139,136) Favourable step	€ 263,499 Total debts 2025: € 263,499 ▲ 105% vs 2024 (€ 128,337) Unfavourable step	▲ 105%
Cash	€ 100,023 Cash 2022: € 100,023 First fiscal year in the series	€ 86,246 Cash 2023: € 86,246 ▼ 14% vs 2022 (€ 100,023) Unfavourable step	€ 85,237 Cash 2024: € 85,237 ▼ 1% vs 2023 (€ 86,246) Unfavourable step	€ 206,652 Cash 2025: € 206,652 ▲ 142% vs 2024 (€ 85,237) Favourable step	▲ 142%
Retained profit	€ 12,074 Retained profit 2022: € 12,074 First fiscal year in the series	€ 29,144 Retained profit 2023: € 29,144 ▲ 141% vs 2022 (€ 12,074) Favourable step	€ 54,416 Retained profit 2024: € 54,416 ▲ 87% vs 2023 (€ 29,144) Favourable step	€ 10,987 Retained profit 2025: € 10,987 ▼ 80% vs 2024 (€ 54,416) Unfavourable step	▼ 80%
Dividend	€ 55,000 Dividend 2022: € 55,000 First fiscal year in the series	€ 50,000 Dividend 2023: € 50,000 ▼ 9% vs 2022 (€ 55,000) Unchanged	€ 60,000 Dividend 2024: € 60,000 ▲ 20% vs 2023 (€ 50,000) Unchanged	€ 200,000 Dividend 2025: € 200,000 ▲ 233% vs 2024 (€ 60,000) Unchanged	▲ 233%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 28,462 Bank debt 2023: € 28,462 Unchanged (€ 0) Unfavourable step	€ 22,681 Bank debt 2024: € 22,681 ▼ 20% vs 2023 (€ 28,462) Favourable step	€ 17,300 Bank debt 2025: € 17,300 ▼ 24% vs 2024 (€ 22,681) Favourable step	▼ 24%
Balance sheet total	€ 118,940 Balance sheet total 2022: € 118,940 First fiscal year in the series	€ 171,280 Balance sheet total 2023: € 171,280 ▲ 44% vs 2022 (€ 118,940) Unchanged	€ 185,753 Balance sheet total 2024: € 185,753 ▲ 8% vs 2023 (€ 171,280) Unchanged	€ 277,486 Balance sheet total 2025: € 277,486 ▲ 49% vs 2024 (€ 185,753) Unchanged	▲ 49%

Key figures of COGESTIM, 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 COGESTIM?

What happened at COGESTIM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 25, 2026 New annual accounts for financial year 2025: profit of € 156,571 (▲ 84% vs 2024). filed late Source: NBB ↗
2021 VALERIE CONRADT became a director. NBB
2019 PIERRE-RENAUD BORREMANS became a director. NBB
Dec 18, 2014 New establishment in Liège. KBO
Dec 18, 2014 Start of the company according to the CBE. KBO

In short

From € 16,096 profit in 2022 to € 156,571 profit in 2025.

Paid € 147,379 in corporate taxes since 2022.

Best year ever: 2025, with € 156,571 profit.

Paid out € 365,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

VALERIE CONRADT PIERRE-RENAUD BORREMANS

COGESTIM

Behind COGESTIM are VALERIE CONRADT and PIERRE-RENAUD BORREMANS.

Directors

According to the 2025 annual accounts

VALERIE CONRADT

Director

since 2021

PIERRE-RENAUD BORREMANS

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Natalis 2

4020 Liège

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.

All companies at this address →

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0506.972.973
VAT number: BE 0506.972.973
Registered office: Rue Natalis 2, 4020 Liège
Names & denominations: COGESTIM
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 18 December 2014
Peppol: Not registered
Activities · NACE: Activiteiten van syndici van onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗